The weekly intelligencer. [volume] (Lexington, Mo.) 1891-1901, 1895-08-03
At,he sedaiia meeting of dsmocr

AT the Sedaiia meetin, of democratic
free silver editors Hon. Richard p.
Bland, Missouri's champion of free
was introduced by Mayor
llastain and spoke as fJllows:
] congratulate the gentlemen OF the free
Coinage press VINO h ave assemble here to-day
as d. m Nrat5 10 orgaailc for the coming battle
for the re StJratiou OF tue money OF the consti-
tuition anu the de l,ociatic stsn1ar OF values
for over ci2Hty years la our his
tory. When We Sec ilGl WAC were with US but
u short time ago ho~ lac ,tL.t ng. some falling
by the Way side. AMI otusrs who regarded
taking sand wan The cn-my, II IL time that
our forces tee we'll Organized and that we re-
now our dcleriat igtiol T. Continue the hsnt
Until victory L. won The press l. z. e It power
IL the land. ami lhe mas,eI OF the pc opie. who
are suffering fr III the effects VI the single
gold STANDARD, will appreciate the efforts OF you
gentlemen VINO proEose TO devote your time
and iabor In this great cause
The single god stiniirI advocates In our
parry Insist that this question should not be
avitated We are not Responsible for II, agi-
tation: we did hot begin the war upon silver.
We net to be held accountable FOR the revo-
luton effected In 1873: BY which gid was made
the so.e standard AMI givea the sole right OF
free coinage at our mnts. We insist that it
was wroag and an injustice perpetrated upon
the people. and We Insist that this wrong and
Injustice should be righted We are not re-
sponsible for the repeal Of every law enacted
since 1873 looking TO the restoration OF silver.
We ore not responsible for tnhicttng upon the
people OF this country the disaster and ruin
that have overtaken them and from which it
win be impossible fo. them . fully recover
under the single gold standard We cannot
accept the proposition that the restoration OF
silver must be postponed to later day or rele-
gated to the domain OF an International
ing the fight In the interest OF tho people,
that any other course would be base
surrender OF democratic principles and demo-
cratic precedent
There can be no greater question affecting
the welfare Of the people than the question OF
L., ~ 81 49, eIA
party was laid bs Jefferson In his great contest
with Hamilton during Washington's first sd-
Jefferson then being secretary
under our government and occurred ut the
very threshold Of our existence IS Q people
under our constitution. Up 10 this hour.
Hamilton was the originator Of the currency
system provided BY national banks Il was
against the organization OF national banks that
over the subjeet insisted upon those hmita-
tions Of the power Of the federal government
Of the states. which principles became the
cardinal doctrine OF the democratic party.
Jackson. another great democratic leader.
great fight una contest on the currency Ques-
tion In his opposition to national banks. In
deed. 1t may be said that the democratic party
had its birth q party In the controversy
growing out OF the question OF money, and the
great battles fought under Jefferson and jack
son for true dsmocrac' have ever been re-
pn evidence OF that party being the party OF
the people opposed TO Capitalization of wealth.
foes Of monopoly. the enemies OF greed and
the true friend Of the masses OF the people
National Banks.
In the face of this history and record Of the
de .nocratic party, We are asked to abandon the
principles OF Jefferson and Jackson and become
the advocates OF system OF currency supplied
tempiated by the constitution and advocated
by Jefferson ant Jackson, and which for eighty
years was upheld by the democratic party: that
Is to say the right OF the people to have tbs
mints Of the government open to the free coin
age OF both gold and silver. II we are to turn
over TO national banks and monoplies the sole
tho single gold standard advocates demand.
there is but little left IN democracy worth
Of the money OF the country will necessarily
result In the easlavement OF the people, the
breaking down OF the power OF the states
Hamilton and the advocates Of the doctrine Of
Hamilton. displaced the old democratic laws
upon the money question. They demonettzed
silver and made gold the sole unit OF value.
und. In the interest OF national banks. put
prohtbitory tax on state bank issues and pro-
vided by the resumption % law Tor the aes1ruc- 3,
public obligations into coin obligations, de-
stroyed one-half OF the coin In which they
we're made Pasable' then LEFT me people Win
by national bank issues and the coinage OF
gold. Against these acts the democratic party
nounced this legislation from the beginning.
II all the facts stated In Mr.. Carlisles vart-
GUS speeches In Memphis and other places be
true, and II The doctrines he advocates are COR
rect then Hamilton was right and Jefferson
was wrong. jackson had no conception OF
democracy; democracy as taught In history
and practiced by our fathers was fraud II
We are 70 adopt these theories we ought to sup
port the party that put them into practice; We
ought to bow TO John Sherman ss great
teacher and benefactor: and since Mr.. Sher-
man has been consistent upon this subject.
while Mr. Carlisle has not. Is between the two
common honesty would dictate that as leader
we should choose John sherman. We shall
choose neither. We propose to preserve not
only the name but the substance We shall
shall follow democratic principles
Carlisle Answered.
shall refer to some Of the arguments OF Mr..
Carlisle Ia his speeches. In the first place, he
plants himself sQuarely on the proposition that
bimetallism is impracticable and tmposs sible:
that for eighty years In our history We were an
impracticnole people, and the democratic party
the impossible: that we had laws upon the
| statute books that were evidences OF incom-
potency; that Jenerson's idea OF money was Z
fallacy; that Jackson and Benton were destt.
tute OF craftsmanship: that we maintained
statutes expressly authorizing to be done that
which was impossible to do; that We maintained
| In our laws heresy, which heresy was never
discovered until the astuteness OF John Sher-
man found IL out: o heresy that Mr. Carlisle
himself never discovered until the extgency oi
his present situation. for some reason best
known to himself has induced him to become
| the follower Of John Sherman. instead OF al
advocate of the principles and practices o
democracy.
II bimetaIlism is an impossibility and an i'm
practicability, that ends the whole discussion
like the lawyer at the bar who, having sdvo'
| Gated his proposition. was finally overruled b.
the court, insisted upon reading from Black
| stone upon the question, the court remarktnl
| ALREADY been decided. The advoc ate, however
| insisted upon reading from Blackstone for th'
purpose OF informing the court how profoundly
ignorant B,ackstone was upon the question
| Now. In imitation OF this distinguished advo
| cate. Notwithstanding Mr.. Carlisle inststs thu
the question is closed and already decided AM
| bimetallism proved impracttcable we have re
| ferred to the fact OF Jefferson OF jackson, o
| democratic legislation and democratic prece
Gent, and will refer to other things hereafter
| simply to show how profoundly ignorant thes
| great statesmen were. but, fortunately for tn
| people, the case Ia not closed. and no one lu1g
can close II. So that we are compelled to up
peal from the decision OF judge Carlisle to th
| decision OF the American people at the billo
| box and on this appeal / VIII present u few
| suggestions somewhat In conflict with the Ar
| guments he has made
In this connection 1t may he well to put o
the stand the gold standard advocates, VIII
| after due consideration and deliberation OF tn
| whole question came to the deliberate cnaclu
| sion that bimetalllsm was not only practl CAB
| but. as historical fact had existed and SO loI
as 1t did exist gold and silver coins and go
and silver bullion, At the ratio OF the coinsg
were 1T practical parity the world over.
this subject We quote the British royal cor
mission OF 1881. appointed to inquire into u
recent changes and the relative values OF u
precious metals. This commission was con
posed Of twelve members. appointed for the
supposed ability rs experts on the questlo
One half Of them were gold standard adv
| Gates. the other half bimetallists
The whole twelve of them. however, agre'
upon the proposition that where country
countries had suificient commercial power 81
wealth to establish q ratio between gold ~
| silver. as money, the erect would be to mai
| tain the relative values OF the two metals At
parity. not only la the country or countries
| adopting the sy stem but throughout the wor
This WAS admitte In relation to the Latin u
ion. or. might say the single nation OF Franz
| because. as we all know. France had mai
tained this system long prior to entering In
| the union
Fixity Of 8oid and Silver valus
In speaking OF this phen Dmena OF the nxity
| the value OF gold AMI silver prior to 1873. tn
, attributed this nxity OF value to the bimetal
/. law OF the Latin union. ln support OF the
] metallic theory. quote from this commissl'
report, paragraphs l9.-iYi, part first, as Il
lows:
These considerations seem II suggest Z
existence OF some steadying influence In fo
mer periods. which has now been removed u
| which has left the silver market subject TO I
. | free influence OF causes. the full eject OF Will
was previously kept In check. This Questi
| therefore forces itssf upon US: Is there
other circumstance calc ulatei To effect the
lation OF silver to golt wnicn distinguishes q
] latn. pcriol "a i tt. caS,tar,