The record-union., 1895-09-20
Ps'lABPALLlSM AND FREE COINAGE.
Speech of Ex-Congressman Bryan of
Nebraska.
What the Terms Mean and How They
Are Misconceived-Why He
Advocates Them.

There was a large assembly at Turner
Hall last night to listen to ex-Congress-
man w. j. Bryan of Nebraska. the
champion of silver.
! j. \. Barton presided over the meeting
and the platform was occupied by Hugo
Hornleip, Trustee Devine. William
Boyne. Judges Catln and Hinkson and
DR.. Brown. A long list of Vice Presi-
dents was read and they were invited TO
take seat on the platform, an invitation
which excited sotne laughter, as all the
chairs were already occupied.
Mr.. Barton. after a few remarks on the
gether, introduced Mr.. Bryan, who
proved himself an able and magnetic
speaker and was received with prolonged
applause.
He said the question on which he was
to speak was the greatest one that had
ever occupied the American people in
time OF peace. lie was glad to see he
| movement, which was bringing together
the advocates OF blnIetailism sid inducing
them to organize. Their opponents were
already organized, and he quoted from
! tho speech OF Mr.. CornWelI at the bank
ers' meeting at Chicago. in which he said
that had the bankers been organized in
1878 as they are now the green back would
have been extinguiShed ana The silver
lunacy would have been sent to the
asylulns, where 1t belonged.
! tie should use the word goldbug in his
remarks not in an offensive sense, put as
dlstiug gushing term as the monomeallists
| call the SilVerltes lunatics. Ii there were
| any OF them here, he wanted to convince
| them that 1t was Tor their interest to help
| bimetailism. He believed bilnetallism
| to be in the interest OF The whole people,
aud that the people would eventually find
out where their interests lie. In Iact the
| interests of people all over the world lie
in blmetallism.
People VIII vote IN the way their inter-
ests lie, and only need to find out what
| that way Is. " hat is needed is metal that
VIII stand on par with gold and assist it
| in carrying on the commerce OF the
world.
There is much misapprehension as to
what bimetallism is, and many people do
not understand what it really is. 1t is
simply the coinage of two metals on
| liked ratio TO each other, which will
stand on an equality at all times and be
received on equal terms in payment of all
| obligations.
OF The conception many people have
OF both bimetallism and free coin
age. Free coinage simply means to
put back the coinage of the silver
dollar 10 the same basis of equality that
1t originally occupied. It means the gra-
tultous coinage OF both gold and silver as
offered. The coinage of money is func-
tlon OF Government, and should there
fore be done at the public cost. just as
much as police protection and SINH
lar things are given. If there is
charge for coinage there can be no money
that is worth as much when coined as 1t
is III bullion, whether it be gold or silver,
and therefore the definition of ''sound
money" that the coin and bullion should
be worth the same amount. If it costs
five cents TO coin gold dollar, the dollar
must be worth only ninety-five cents, as
| compared with bullion. Gold is worth as
| much as bullion. because there is fixed
| price for mlntage, and the bullion can be
| recoined, while silver bullion cannot be
recoined. If a man could take silver
! bullion TO the mint, and have it coined
! into dollars at will, would he sell it for
less than the dollars it is coined into?
BY unlimited coinage OF silver is meant
that silver. no matter whence it comes,
| when taken to the mint can be coined