The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1895-06-19
FACTS TO BE CONSIDERED.
In the speech delivered at Bowl

ChIliSic liopoScN Iuc lcilONibS
facts for the consideration of the
people, who hold to the contention
that the free and unlimited coin
age Of silver at the ratio Of Is to
l is the panacea for all our tinan
cial Ills:
l. There is not free coinage
country in the world that is moi
on silver basis.
2. There is not a gold standard
country in the world to day that
does not use silver money along
with gold.
3. There is not a silver stand.
ard country in the world today
that uses amy gold along with
silver.
4. There is not a silver stand
ard country in the world to-day
that has more than one-thira the
circulation per capita that the
United States has.
5. There is not silver stand
ard country in the world to-day
where the laboring man receives
fair pay for his days work.
There is no bombast in these
five propositions; there are no ora
torical pyrotecllnics to confuse the
minds of those seeking Informal
ton by sudden flashes of seeming
ly incontroyertible argument, which
soon vanish and leave the public
in greater darkness than before;
there are no catch phrases, no eff
forts to play upon a misinformed
sentimentality, but tersely and
and plainly these five facts are
stated, so plainly that any man
can at once see to what end the
free aud unlimited coinage of sill
yer at 16 to l and the adoption OF
two standards of value will bring
the United States.
| 1t is no answer to these facts to
say that the United States is the
greatest nation upon earth; that il
Congress DEGREES the fee and un
limited coinage Of silver it can be
carried out, and that we can stand
against the world and violate with
impunity all the laws of finance
and trade. 1t does not controvert
these facts to say that Lombard
street dominates Wall street and
Wall street the United States.
Theories must be tested by facts.
If the statements of public men
and journals contending for and
advising the free and unlimited
coinage of silver at l6 to are to
befollowed by hepeople, these pub
lie men and journals surely should
show that they have been cunvinc.
ed that the causes that have III
many foreign countries brought
about certain conditions and re.
suits, will not produce like results
when put in force in this country
They assert that like causes will
produce different results in differ.
ent countries. AS this proposition
is at variance with all the estab
Iished and recognized laws Of fin.
ance, is incumbent upon the sup
porters of this proposition to prove
! it and not merely assert it.
If however, all the advocates Of
free coinage determine to take the
position that some of them do, and
to Insist that all experience shall
be discarded, and that the United
States shall take the step that will
, land the people in the list of silver
monometallic countries, then ar
) gument will be of little avail, 70,
they know the penalty and are will
ling for the country to pay it. It is
true that this is a more manly
course to take than to attempt tt
reach the same by arguing that i'll
1896, if put under the operations
Of a silver standard, this country
will not sink to the level of all
other silver standard countries
| A free silver monometallist may
believe such a result will be bene
! fetal, but when he does so believe
he acknowledges that there will b.
financial uphtaval and disturb
auce of values and trade, which i
may take a generation to aajus
:. to the new order OF things. ii,
admits facts and admits that Ger
tain defnile results will follow