The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-07-24
SMITH OPENS HIS SPEECHES.
The SECRETARY DRAWS A coon
CROWD AT GAINESVILLE.

At Grifin-The Speech Delivered in
uhe Court House and the Building
Crowded 10 It's Utmost Limit.
Gainesville, Ga. July Z5.-Secretary of
ehe Interior Hoke Smith and sound money
were the toast with the 1900 people who
thr1nged this PRETTY little North Georgia
town 10 hear his speech to-day. The earn
estuess and enthusiasm of the crowd was
IN marked contrast to the machine rid
den gathering at Griffin last week. Here
the people felt that there was respon-
sibiHty in the occasion. There they
locked together like lot of sheep
10 follow blindly in the wake of
the editorial triumvirate that led the pro-
cessiOn.
Secretary Smith reached Gainesville
last Saturday. His family is here for the
summer.
Early this morning the shady square,
(which is one of the little city's charac-
aersuc possessions, began to fill with the
toilers Of the fields from the surround
ing country. The crowd. as it slowly filed
the square and the streets that led to
the court house, was representative of
the people and from the people. The
committee on arrangements soon saw
that the crowd would overflow the space
available. and word was sent out that
ladies' were requested not to attend. so
that as many voters as possible could
be accommodated.
When Judge John ]. Kimsey, who was
occupying the bench, adjourned court, a
few minutes later, every inch of space
was occupied, the window seats filed and
che two gallery hooks were packed.
Secretary Smith was escorted to the
court house by a committee in carriages,
composed of ]. w. Oslin, r. E. Greer, c.
C. Sanders, S. c. Dunlap, f. NJ johnson,
J. L. Murphy, among the most prominent
influential men in North Georgia. ].
J. Gaines and +. NJ. Johnson, Hail coun-
TVS representative in the legislature, es-
corted him to the stand. .
Judge kimsey, who presided, presented
Judge H. H. Perry, who introduced the
speaker.
The secretary, as the recognized cham
pions of sound money in Georgia, was re-
oelSed with enthusiastic applause. His
audience was evidently there to listen, to
De instructed and to think. 1t was not a
noisy attendance, but thoroughly appre-
NldltNe. II BuFc l1S secretary a close
ness of attention and displayed discrim-
nation in its applause which was highly
complimentary 10 the thoughtful char
acter, both of the men who heard the
speech and Of the secretary's argument
itself.
The mention of President Cleveiand's
name by Judge Perry, when he moved
rising vote of thanks to Secretary Smith,
evoked the most enthusiastic applause.
Secretary Smith leaves here tomorrow
for Columbus where he speaks Thursday.
The secretary's speech is given below
almost in full:
Il am here in response 20 your invitation,
10 discuss the financial problem. l shall
support the national democratic platform
ana oppose the national platform of the
populists, At Chicago, in 1892, the Demo-
cratic party, by its representatives for the
entire union, voted down, overwhelmingly
the proposition of delegate from Colora-
do to insert in the platform tho word
free (Which would have made the plat
form declare for free coinage of silver.)
The platform adopted, when honestly con-
strued, condemned the free coinage of sill
Yer at 16 to l, and the delegates, on the
first ballot, nominated by q two-thirds
vote, as the standard bearer of the party
one, who in 1885, by a message to con-
eress, had opposed both the free coinage
of silver and the Bland-Allison act, and
Vate citizen. in public letter, declared the
experiment VI free, unlimited and indie
pendent coinage Of silver to be dangerous
and reckless. This nomination emphasized
the Reputation, by the convention of the
free COMA ge Of silver.
Il shall, also, show that this action of
the Dem ocratic party is in perfect accord
with the teachings of Jefferson and Jack
son, but am unwilling to waste time fol-
lowing the wordy harangue recently de-
livered in our state by that patriot who
served his country abroad with such dis
tinguished success as the appointee of
President Harrison in the protection Of
fur seals.
1--WE have been through a panic. Times
have improved. Without stopping TO ac-
count for the panic, 1t should be borne
IN mind that panics have occurred about
every twenty years, usually accompanied
with distrust of the kind of money used.
Every panic has developed a party in
favor of bad money, but with returning
prosperity the party has died. Relief
from panics has always come through
restoration of confidence, not through
bad money.
Continuing, the Secretary said in part:
Money is a device to facilitate the ex-
change of commodities, Property Is eX-
changed for money that the money may
be exchanged for some other property.
us Use is to enable man having proper
~, who does not desire to keep it to
obtain some other property which he
wishes to procure. The more universally
recognized, therefore, the value of the
money and the less bulky it is to handle,
the more completely will it facilitate ex-
cnange. Shells, skins and tobacco have
oeen used as money. 1t was the actual val
ue recognized in the community and there
value at those points where the people of
the community traded that made them
seiNceable. Gold and silver are better
man shells, skins or tobacco, on account
OF their more universally recognized val
ue and on account of the fact that they
are easier to handle.
Inc secretary showed that it was not
the stamp of the government, but the
value of the thing itself, that fixed its
sAChangeable quality. Confederate money
1du tne stamp of a government upon it,
oul the fact that the government did not
nave the ability TO redeem the bills in
eonething of actual value destroyed its
eAchangeable quality. The gold coins, how
ever OF the confederacy are perfectly
eood still, although the government has
ceased.
Paper money is good when the govern
Heht is able, on presentation, to carry