Crittenden press. [volume] (Marion, Ky.) 1879-1907, 1895-06-06
SECRETARY cARllSttS ARGUMENTS
cOMPlIIIlI NOllShIn


/ all not going o. rect ou that Mr.. Car.
Isle bad p,ricct night to bald those sioSs
from l-,, o. lspo be- had On unguestionel
rghi io change tbvm tiupc l,ru be hsd
p,tin,t right b. come lsiurc tlc people II
hcntIDky aud ssy lc vAs mistaken. vAs
lTIuded, Ma lu rfrHr, that ut thc double.
bui the single standard 10 thr ttuc uns. No
luu had sry Eru4ud tn chaplain ID he hsd
aid tbst. but / leave ham g. fvruu,iIc be
present statements 18th be sfitten ard 70
0.rlod gticfsiD's 81 let be- usy be able
Nov ! gulur o. he utisfau,et ~ today.
/ p.iut 90 every tl,ug hat fy-rufd h,id,.
VI hrlisf iHr of against him. | tale up the
afguuruu Do futmlys b. dan aud wiit.ut
any cuuuv,uHn with hi. past tc.vrd. /
challenge ihe Judgment 80 Tho Amefitan
l~,p.c 4pvu them. I have f,snus,i q. ,str.
iuuA ~ ] yan the tIso, bee De- has made
since De- stArscd Uut 500 be- t.4f. ID ,s my
honest purTvse tli, ,0rrIouu g. otoriu.t
uo material statement be Ia given uusrsn,o
o. in either 81 Dis fpcs,hrs When I sAp
IhAi De- wts going into his ounts,t Know.
iug hn great power ~ N,ll BE- ] do. l ruun.
ieruy believed that be- aAs gulng g. thr.w
nc~ light upun th.s issue beloved that
tie great tuAnCisl bead II no Government
~uaIi bring samoihing ne~ into this dis.u..
siun. ~AItea tof 10 and | visited impa-
ucnul only o. De- disappointed
That Mr. Carlisle ha. stated The gold
side ~ tlls controversy struugIy o. iaif.
minded man can sn.rI D. deny I ha,.
n"i H'osi long euouEh have uut u.u, TO-
contact Nlth men en.lrh iu The moro than
bail o"nlAr1 usi Hrafur-s tio hfr that
iies h'l.u4 me l have never mot s,sn az
snHwn msn "a hH bad more stIiitv g. ,tair
lis c.se thsu ilc pfUistt Ss,rstAft Uf tls
Treasury lie ot I'll usen / have ever kruur
can probably come the nearest o. maxim.
"a" worst appear The better sue That b.
has stated hn pAsc s.uncIN fnuibl, sod
p'ausihi., ! ohc'riully Adniu lot that De-
has introduced adv uuN az ul.,i.t. ...i.. 49,
ctAry system under Which Nc i've b. nut
perfect system lie sAys 10 ,s faulty IL
tells you ihA, when the present husnciai
crisis struck NJ iu ] -sg Nc were tuss-ss~d
q every substantial requisite % Ir,speslty
and safety except monetary system ttat
was not safe oT sound II was The samc
system then that you have to-day IL Was
= single gold standard that day and q BE- q
single gold standard this day. As.sft that
not single statute lAw hiss ts-n pat upun
the hoOks u The ouuutry siace that time
that ~ al chAhgcs alter. 90 modihes Your
monetary system. Mr. Carlisle declares
that in 1873, xhsn the crisis struck -. our
lack oi safety consisted IN the fact that our
monetary system Wss not pJund one.
Then ! answer that u h. nos suund now
! 81 be- tells you "a the same breath that
Nou must preserve aud bold GA b. the mon
rtary system a. you have u today. You
must not change a. and Yet IL IL not safe
or sound one.
lie tells you further that ia is3l -hen
the ratio Of sixteen grains Il silver L. one
/ grain 81 gold vRs ia eAlsteuce. when the
| minis ~ the country we're opeA h the
coinage u both silver and gold on even
terms without discrimination. that condi
ton drove this country ~ The single gold
standard, and that from 1884 " 1873 We
had nothing butA single gold standard
deny that that s correctly stated, but. for
The sake Of argument, viii admit his state
ment. A single gold standard At the rAtio
of sixteen grains OF silver Ia one Of gold
with the mints u the country open t. both
metals. be tells you. IA 1884 drove Us a. a
single gold standard and that We kep, On II
from thAt day until now. Yet ia th. Sane
speech, Do the same breath, be tells You If
you open the minis II this country TO-DAY
10 the free coinage II both metals are oD
even terms on the same bssis Of sixteen 10
one u Viii put You on = single silver ba.i.
oli bow u this Lake causes produce Ike
effects under similar conditions. In 1884
The unlimited coinsge of both metal. ON
'hHi basis put us ON single gold standard
when be sSears and ayows that In lsa5 The
Tree coinage of both metals on the same
basis vii put us on a single silver standard
h"n Of common sense are loath 10 accent
As true such prepOsterous conclusions. In
II made US gold people then. how happens
MAI u VIII make us silver people now.
nut that Is not all that be tells US. lie
says ths' bimetallism u impossible, that il
Impossible Tor any country 10 keep both
goa ana slNer m concurrent circulation a.
the money of the people. | never under.
stood any advocates OF the doubIo .tsrdsrJ
u contend that II was necessary IN order 10
have bimetAllism 10 keen bc,h natal. -,
| concurrent circulation that is. AT the ssua
| time and at the same ratio. That l. no, an.
contention We are making That 4. NJ,
| necessarily bimctAlism. You ma r.,
bimetallism and not have both metal. e..
lAting at AN equality Of value AT ~. -.
time That bimetslhsm NAV e,iI III
| only one metal in circulation /. ~,
which absolutely can not be- su'c.'.c,n.
controverted We NAV have hn,I ,,.,.
In circulation al equal values and 8 rornar
may he made on gold, and il that he done
SILVER takes its place, for silver il monsv s
wen US gold. Or IL q corner be mad 80
siiver' then gold comes out from ~ bid;na
place IN answer TO the universal demsnS
made for II by the people. manu-
me INCUBATION and oscillation of tbat
metals Is what constitute that which T.
SHOWN as tho elasticity Of bimetAllic enc.
rency' and therein consists the pro,ect,or
MAJ tnss Is gwen TO the people. The money.
no.der and the money changer ".n
not corner both, but he -
we know by sad experience. corner ei,has
one Nothing gives value 10 either ola oit" ~
maln t except the demand that the people
MAKE Tor 1t. As you Increase the JemspI
'or tnat metal you increase the pric, ~ ~,
metal II there is more demand Tor IL.
ana less demand for gold the price of .ilver
goes up while the price Of gold goes down
h'6h' OF OPINION BELONGS TO THf
IN MAN WHO OWES the psBT "'
lhere ls where the imnortanca % -,