Bradford County telegraph. (Starke, Fla.) 1888-current, 1895-11-22

United States, no great discussion a.
to the respective value OF gold and sil-
yer; no great disturb ance Of the hare
monetary system nor no great attack
upon it.
"The people of that day believed
that there was such thing a. bimet-
allism and they believed that on bimet-
sllism depended the interest and prop
erty OF the people Of the United
States.
"But in 1873 silver was demonetiS-
ed. It was not demonetized, my
friends. because it was cheap, for at
the time OF the passage Of the act, the
bullion value of the silver dollar was
worth three cents more than the bull
ion value of gold dollar.
Speaker Crisp reviewed the action
Of congress when the question OF free
coinage was before that body, and
said: "In December, 1875, we had
vote of the house on free coinage.
The yeas were 1913 and the nays 53.
The democratic yeas were 124 and the
democratic nays we're II. In 1877,
one year thereafter, another vote on
free coinage was taken. The demo-
cratic yeas were 81, democratic nays
10. Ninety-seven to ten was the pro-
portion at that time OF the democrats
who favored the free and unlimited
coinage Of silver.
''Now, why was it demonetized2
There can be but one reason. 1t was
to increase the value of a gold dollar.
Now, those who oppose silver say, we
oppose it because it is cheap, because
the bullion is cheap But in 1873, as
I have told You, when it was struck
down, the bullion in q silver dollar was
worth cents more than the bullion in
! Q gold dollar. That act was passed
without knowledge on the part Of the
, people, or of the peoples representa-
tives, and never heard it questioned
In democratic circles until within the
last year or two.
'On the Bland Allison law in 1878
the democratic yeas were 122, nays
81. One hundred and twenty-five to
81 were the friends of silver. On the
| free coinage bill in 1886 the demo-
cratic yeas were 96, nays 20. The
nays, you see, were then increasing,
but still majority of the democrats
stood for the free coinage of silver.
'1n 1890 the free coinage democrats
were l01, nays Is. In 1890 again the
democratic vote was 112 yeas, % nays,
in favor OF free coinage.
''In March, 1892, on Q motion to ia
BILE free coinage bill the yeas were
148 and the nays LAT. 1 was speaker
at that time and voted with the nays
and that made a tie and the motion
failed. (Applanse.)
In August, 1898, the free coinage
democrats we're 101, nays 103. For the
first time in the history of the demo-
cratic party in 1893 majority of the
democratic representatives in congress
"a majority of two-voted against
free coinage. They voted against free
! coinage then because that was a prop
osition to repeal the Sherman law, and
they were urged to letthst proposition
stand by itself, and when it was dis
posed of further legislation should be
had in relation to silver. Following
that, in March, 1894, we had the
seignorage bill, more Legislation in
the interest Of silver, and low did that
result? Democratic ayes 1876 and nays
90. The hour had come when some
thing should be done for silver, and
many Of those gentlemen who had
voted against free coinage in 1893 on
the seignorage bill voted in favor OF
silver. So that the vote was demo
Gratis 1875 to 80, and when the bill was
vetoed the democrats voted yeas lit,
nays 80.
Taking all these votes together,
my Misunderstanding the fact that silver
was demonetized in q republican con-
GRESHAM / not justified in saying
that the establishment of the single
gold standard in the United States was
republican measure and has never
met with the approval OF the majority
of the democratic party? Applause. J
The Amount OF Gold and Silver In the
World.
'Think OF il for q moment. There
is about three and o half billion dol
lars OF each Of these metals in the
world, the money with which ell dutie:
are 10 be paid and all business trans
acted. If by a single act you strike
down one-hslf of that money neces,
sarily the other half must bear thu
J whole burden. But our friends tel
us-our single standard friends-thar
they are the friends of silver. There
is no advantage, gentlemen of the as
sembly, there is no advantage in haV
, ing silver as money unless it is 1
legal tender money and stands upoI
. its own feet. Applsuse.)
eff tbs to be supported in some
/ way py the gold standard, then, ny
} friends, the money you pay for TIT
| silver is wasted. You had better TAX
: paper, which costs nothing. and prinr
. dollars. tGreat Applsuse.)
/ '"The refunding act and the resump
= 'tion act are provided for the paymen
l of the obligations OF the United State
, in coin-coin Of the standard value
At the time Of the passage Of the &C
J 4l2R grains of silver was STANDARD
D silver dollar. II Was legal tende
D when the act WAS passed, and yet i'm
medistely after the passage of the &C
: you find Mr.. ShermAn-and 60 wher
7 you will you will find no man entitle'