Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-04-30

struction as n money metal and the
use OF gold alone. This is what IL now
meant by the government against the
free coinage OF silver, whatever dis
chalmers may be made TO the contrary.
This movement means the destruction
OF one-half Of the debt-paylng money
of the United States and the world.
II II should be successful IT VIII double
the burdens Of every debt and multiply
the gains and income Of every creditor
wherever the sun shines.
tine debts OF the American people Mt
this time, both public and private, are
appalling in amount. They have been
contracted on Il bimetalllc basis and II
is now proposed to make them payable
on the basis of gold alone. The two
metals also constitute the specie basis
for such paper money as may be put
in circulation. II silver money is de-
stroyed paper circulation must be con-
tracted in that proportion. Every
form and kind of money must become
that much scarcer and harder to get
in exchange for labor and the products
of labor Such n policy Is to my mind
simply horrible. ] have not n particle
of doubt as TO the result OF the con-
test now going on. The enemies of
silver will be driven 20 the wall. Sill
yer money will not only survive, but
win be fully restored to Its old place
as leading and controlling factor In
the development and progress OF the
country.
Nor have 1 any fear for the future
strength and harmony OF the Demo
cratic party. Some men may discard
it's principles and abandon rs Organiza-
ton, but others VIII take their places
/ have been In favor Of the free coin
age OF silver at the ratio fixed by JEFF
ferson all my life, and whatever others
a 4 shall abandon nTln-
ciples nor my party. ! am not unmind-
full OF the vague cry now raised about
sound money honest money and II
causes me to glance back over tho
career OF silver IN American history.
discover that washington, Jefferson,
Hamilton. John Marshal and Monroe
Endorsed silver money as SOUND ana
honest, and that the same view was
entertained throughout the most i'm
portant epochs Of our country's trials
growth and glory by Jackson, clay
Webster, Calhoun, Silas Wright. Mar
cy, Horatla, Seymour, Benton. Douglns,
Hendricks Morton, Chase and Abra-
ham Lincoln.
'The truth is that danger from the
coin ana the use OF silver as money
in this country never occurred TO a
sane man until greed. avarice. unholy
speculation, reared its SERPENT head
and aimed a vicious ana deadly blow
at tho honored dollar OF the fathers
In 1873 Since that time we have had
nothing but financial vexation. dls-
trust, business depression Hnd ruinous
panics. The Ave years which imme-
diately followed the demonetization OF
silver in 1873 were freighted with more
calamity and suffering on the part OF
leborlng and producing people than was
ever before known Gu this continent
In the same length OF time A wave
OF conhBcation swept over the coun-
try annlhilating values. deprivlng labor
OF Its reward, destroying all market
prices for property except such rs
were bid at sheriff sales. Nor aid this
wretched condition Of affairs show any
signs or Improvement unSl the partial
restoration Of silver 10 It's money fune-
! tion toofaplace In 1913.
.If i jh told in this connection that
silver MILLION as a marketable com
modify mi this time commands a CIV
price ~ answer is THAI n gold mad
been c1Asplrcd against persistently, as
sailed NJ foul nisans as well as fair.