The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1895-08-16

| Vanderbilt estate. i WISH had
a million dollars and had heart as pure
as Joseph @. Sibley. There is something
wrong with the laws of country where
such conditions exist. We all ought to
wake up and study this question. An
Allianceman is a traitor If he doesn't
vote, and double traitor if he doesn't
vote tor his principles. You have
gone on making more that makes the
country rich, but you have grown poorer
all the time. God didn't intend us to
plant seed and raise dollars. He intend
ed that you should raise products and
send men to Congress that would make
dollars enough to exchange those pro-
ducts. Every man in this au-
dience who has piece of gold raise his
hand! Not single hand raised.)
There's plenty of good things to eat on
these tables. Suppose you should say
that YOU would eat nothing but spring
lamb, and they had none here. You
would back up against tree and starye
to death, and nobody would cry because
it would just be one fool less on earth.
To-day your circulating medium is in
the hands of greed. viii you break off
the yoke of tyranny? Men in each party
say they won't whip the gold-bugs unless
they can do it in their own parties.
These men are the best agents and ser
wants of the gold-bugs and the devil
that were ever born. Our ancestors
| drove the red coats from our shores, the
! British are now on your shores in posses
sion of your government and are fighting
you with gold instead of bayonets. May
| God bring us together that we may
drive the gold-bugs and British Shy
| locks from our shores"
Mr.. Buffers speech was greeted with
long and loud applause.
The large crowd then adjourned to a
nearby grove, where bountiful dinner
was served, and the succulent bar
becue We'd with the luscious watermelon.
AT one o'clock the crowd assembled
again at the speakers stand. In the
| audience were ''all sorts and conditions
of men" the farmers being largely in tbs
majority. Mr.. Ed. Chambers Smith, Dr.
J. J. Mott and s. Ohio Wilson were all
close to the platform and, like them, men
differing in political views and party
affiliations listened attentively to the
speaker.
Mr.. sibley's face is open and frank,
his forehead broad, his chin frrn-he
looks like philanthropist, and an origi
nal thinker. He can hardly be called an
orator, for there is some lack of oratori-
cal fire, but he is earnest and forceful
and punctHates his speech with telling
periods.
After few Introductory remarks he
plunged into the silver question:
"We want back" he said, "that out
of which the American people have been
defrauded. No one who will read the
Horn Harvey debate, no honest man can
have doubt that that crime was accom-
plished under cover of darkness. But
two men on the North American CONT
nent knew of that crime. You can't read
this Horn Harvey debate in any of the
gold bug papers The first day they pub
llshed it with blare of trumpets, the sec
ond day they printed it. The third day
they criticised it severely, and then drop
ped it altogether.
He laid down the following financial
axioms
Double the volume of money and you
double prices.
Divide the volume Of money and you
divide prices.
Double the volume of money and you
divide debts.
Divide the volume of money and you
double debts.
''The whole measure Of value has res
ted on these two metals, gold and silver.
The values of the world, amounting to
$3.50, 900, 900, 900 rest like pyramid on
these narrow foundations. We have
taken away one hall the base; that pyr-
| amid must be dwarfed and shriveled until
it accommodates itself to still that mar
rover base.
II ask my monometallic friends,
when will this decrease in values still
cease 2 There is not gold man here
who will venture prediction as to when
the end will come. Thirty years ago
10000, 600 of people in the world were
on gold basis. To day the 30, 100000
are 60,0OO,000 Debtor nation after
debtor nation has been bidding for the
gold of the world, willing to give up all
| their products for this small volume of
gold.
''You can enslave any nation on Gods
| globe if you can impoverish them suffi-
GENTLY. Anglo-Saxons even have been
put into slavery In Green's History of
the English people you may read how
they were held like slaves by the lords of
| the manor.
"What value is it to you to know
that food is cheap, when you have no
money to buy?
"When beef could be bought for two
shillings a bead and wheat was three
pence busfel more people starved to
death in England than ever before, or
since.
''We ask our Father to give us our
daily bread, and then say He has an
swered US too literally by an 'overpro-
duction' of wheat, yet in these United
States more people starved, more people
went naked, more people were tramping
last year than ever before; and yet cot
ton and wheat were lover than in any
former years.
Arthur Pue German said at Saratoga
this week that he favored the issue of
more bonds. And yet see some South
exners advocate him for President, and
these are free silver men, too. Rather
expect to gather grapes from thorns and
/ iotl 70 IN