The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-10-09
THE SALT LAKE HERALDI WEDNESDAY,. OCTOBER O. 1885,

ter).
70 Increase Privnte Fortunes.
Now, my workingmen friends. do you
not see that under the pretense OF
benefting you, this protective system is
used by the favored classes to increase
private fortunes? Nothing can be more
unjust that that, and nothing can be
more despicable that the hypocrisy
that Is connected with it. (Applause).
1t is fraud upon the American work
ingmen, which they ought to de-
nounce The American manufactures
is protected by the superior produc-
tiveness of your labor, and then, in
the name of benefiting you, he faVors
and supports a system of taxation
which violates every principle of JUS
tice.
Our Republican friends pride them
selves upon being the party of the
wealthy, the party of intelligence
Now we might be disposed to join IS
sue with them on that question of III
telligenee, because intelligence and
wealth do not always go together;
and, as Sam Lowell has we'll said
if a list of the ignorant rich people
could be posted over the entrance OF
the palaces it would be no fiattering
commentator to the wealthy classes.
Intelligence, I repeat, does not always
90 with wealth. But our friends pride
themselves on being the party OF the
wealthy They are; have you ever III
CURED why?
Party of the Wealthy.
There is a reason for it, and the rea-
( son is this: The Republican party be
lieves that it can legitimately
use the great taxing power OF
the government to aid private IN
dustries and to build up private tCs'>
( tunes. Naturally enough men moved
with a desire to crafty their greco
gravitate into the party that VIII use
! the taxing power of the government
! to foster their private Industries ana
/ increase their private fortunes. Hence
as one of my friends remarked ITO me
/ In this city-a Republican friend OF
/ course-the fellow who rides in palace
car sleepers and the fellow who puts
up at hotels where he pays from 50 to
( $50 a day for his board. is in the Re
publican party, while the Democratic
/ party has t.. be content with being tine
party of the plain common people,
! (Applause).
The Common People.
What a motley crew they are!
! Iaughter). They come to us with
smutty faces from the blacksmith shop
i have seen them Qaughter)-they
come to us covered with the dust of
the mills-we have all seen them-they
come to us from THE mines. where dlsir
sturdy blows have been releasing yhe
wealth in the bowels Of old mother
earth; they come to us with the pallor
of death in their cheeks from behind
the counter; they come 10 us with tae
cough of consumption from the 1nii,S
of the land. But Notwithstanding all
! their motley appearance, We are still
proud to belong to that party of the
people. (Applause). When You come to
think of it, 1t has been this motley
crew, with no weapons in their hands
but such as the moment has furnished
them, it has been this crowd that has
wrenched from crowned heads and
from mailed hands 1.-THE liberties which
the people of this country enjoy. Gap
plause.
Let our Republican friends boast to
their hearts content that they belong
to the party of the wealthy classes-we
shall not be ashamed of the plain and
the common people. Let it go out, for
it is Gods truth, that Democracy is for
the people, because II befriends them.
and the answer will come from all
parts of the land that the people are
for Democracy. (Applause).
As to Silver.
Not only should human legislation
run parallel with the great natural
forces of nature in respect to the use
Of the taxing power of the govern
ment but human legislation should run
along the same line also in the matter
of our finances. That is, human legis-
lalticn should accept those metals ouG
of which money Is properly made and
which the custom of ages have sancti-
fled as the money metals of the people.
(Applause). 1t should not give into the
hands Of men the power to CONTRACT
and expand, at their pleasure and 30
foster their interests, the money which
must enter into circulation to do the
business of the world. It should trust
the supply of money to the great
natural forces and The natural increase
which comes from a constant discovery
of the money metals. If you do that
you viii discover that the production
Of the money metals will keep some
what apace with the increase of COM
merce and business of the world.
In our financial legislation we should
adopt the bimetallic system. which
recognizes both gold and silve~ as the
money metals Of the world. Out of
them real money should be made. not
promises Of money but money in it's
own right-dollars in their own right
which need the assistance of no re-
deeemer, so that when the wage Garner
receives that money he will know that
he need fear no discount Py
adopting the bimetaliic system in
our monetary affairs and making both
gold and silver full legal tender in the
payment of all debts and each money
of final redemption you will get
monetary system which in it's opera
ton is automatic and is not Influenced
by legislation. This will be SO when
the coinage is free and unlimited be-
cause the thing that will control the
volume of money is the natural in
crease from orr mountains, from our
gold mines, from along the river beds
When that is the case the huctuation
is not so great as when the volume is
settled in the halls of legislation
where men are often influenced by
selfshness.
Not Enough Money.
OF course ! know there are those
who contend against this system be-
cause they fear there will be an over
production OF money. My friends,
after careful examination into this
question / solemly declare to you that
have not yet found the history of
nation that ever did have too much
money. (Applause) I have found ma
lions who have had too many promises
to pay money (applause) and because
the real money, which must meet the
great volume of promises to pay
money was not equal to their taxes,
a financial panic has swept over the
land and laid prone the industries of
the people. There was too much paper
money in France Immediately follow
ing the revolutionary period; there was
7