The Louisiana populist., 1895-11-22

making the per capita circulation
| $3.S "a instead of S25, as claimed ty
the single gold standard advocates.
The result. and think have not
! overstated it, is that instead OF S25 o.
in circulation for every man, woman
and child in the Unitee States, there
is in reality 1891. And if. in order
to cover ali errors, We make this s.
or even $40 per capita, what is the
comparison with the circulation We
have had in the past? What is the
| comparison with the condition of this
country Immediately after the war,
when we had unriyaled prosperity
and all men were busy and happy?
We had then a circulation OF $67. !6
per capita, and | ask the men
OF my age. and@ even younger
men than myself, here to-day,
to go back in memory to the
condition OF the United States at that
time. | assert here now-and nobody
knows it better than myself. for
came back beggared from participa-
iion in that stri!e-I assert that there
never was such prosperity in this
country as 10 the five years immedi-
atel y following the war. / declare
here now that until this miserable
system OF contraction OF the currency
was put upon the people by the Re-
publican party the hum OF business
and the hymn OF prosperity and con-
tent ascended from every home in the
land.
But it was said tiat VIC must 60
to specie payment, and Hugh McCul-
loch, secretary of the treasury.
bought in seventy-seven odd millions
OF greenbacks to bring the circua-
tion down. Mr.. Sherman, as secre-
tary Of the treasury. continued this
unholy work. What was the result?
Seven long years of misery and dis
tress, while the financial life blood
spurted ont from the fingers of the
American nation aud clouds and
gloom settled thick upon the land
Take the Official report of Hugh
McCulloch, made to congress in 1865.
in which he said that notwithstand-
ing the ravages of war and the loss
in labor this country had made un-
paraileled strides in prosperity. He
declared. and il was the truth, that
the people were out OF debt; that they
were prosperous and happy; that new
enterprises were being originated;
that manufactures we're being start
ed, railroads were being built, and
that the farmers were putting i'm
provements upon their lands. The
bankers and money lenders saw their
prey was escaping; money was pleuti-
fJl, that there was no votaries in
the temple OF the red demon Of gold
which was the place where they OBJ
tanned their gain. What did they do?
They established this system OF con-
traction to grind their victims down
once more, and Immediately the
clouds gathered, the sunshine disap-
reared. and famine and despair once
more strobe upon the earth; aud here
VIC stand today, at the end OF the
road, confronting the legitimate out
come OF these years OF contraction.
Shall we go now permanently TO the
single gold standard forever, or shall
we have gold and silver, the money
OF the constitution. which our fathers
left US? Applause.
Il have been called great many
names, and | know | will be called
iatist and an inhationist next. but if
imitation will bring back prosperity to
our country and energy to our people,
then in Gods name give Us little in
fation. If we can again bring back
TO darkened homes the sunshine and
JOY OF other days, let us initiate"
Applause.
The above is all right, except when
the senator seeks to lay all blame on
the Republican party. The records
show that Democrats voted for every
bill that has brought about our pres
ent unhappy condition.