The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-18
DEAFNESS OF THE DOLLAR.
pRyAN SAYS sILvERs FALL is DUE
TO LEGISLATION.

irp the Day--The Crowds Full of
Enthusiasm at Each Point.
charlotte. n. c., Sept. 11.--Halr past
e,gbt this morning was the early hour set
nv William ]. Bryan in complying with
the request of his Charlotte supporters to
make speech here. The special train fur
riebed Mr.. Bryan by the North Carolina
state reception committee arrived from
Asbeville at a late hour last night and
was side-tracked while the candidate
silent This morning at o'clock Mr. Bry-
ON left the train and under escort of the
,ocal Knights of Pythiasi the Hornets
Nest Rff1emen and numerous horsemen
rrooeeded TO the Postoflce park, where he
addressed several thousand people at $3.50
o'clock,
The special train left Charlotte for Dur
ham at 10 o'clock.
Mr.. Bryan said: Ladies and GENTLE
mon: The republican party has been leg
islating to make dollar dearer, and then
thev DENY that legislation has anything
n do with the dollar l want this morn
ing in the very short time l can keep
vour attention, to call 1t to the conditions
in the volume of our money. NOW, want
10 assert first as a proposition that cam
not be disposed IHdI TIC iiohcJ Va
the country must keep pace with the pop
ulation of the country, and with the In
dustries of the country. (Cheers) And
that unless the money does so we shall
find that a dollar rises in value all the
time, Now, when a dollar rises IN value
IT simply means that prices Will fall, and
falling prices are an injury to the men
who produce the wealth OF this country,
and when the products Of their toll buy
money, falling prices are good for the man
who has and wishes to use that money
to buy the things falling in price. Sena-
tor Sherman, who stands at the
head and front as the recognized
leader of the republican party, and
all that portion of the democratic
party which is trying to elect repub-
ncan for President used these words in
speech which he made in behalf of the
Sherman bill on the 5th day of June, 1890:
If our present currency said Senator
Sherman. is estimated at H,4OO,OO 600
and our population is increased at the
rate Of 3 per cent. per amman, 1t would
require S42, 100000 increased circulation each
year to keep pace with the Increase
of population, and as the increase Of pop
ulation is continuing at a still greater rate
than the increase OF wealth in business,
il was thought that an immediate in
crease OF circulation might be obtained
by the larger purchase Of silver bullion
to an amount sufficient to make good and
retire all bank bills and keep pace with
the growth of the population. Assuming
the $54,0000O0 year of addl-
tional circulation is needed upon this
basis, that amount is provided for in the
bill by the issue of treasury notes in ex-
change for bullion al the market price.
There Senator Sherman declared that
money must increase with population and
even more than that, says that wealth
and business should increase more rapidly
than population, and therefore, he defends
the Sherman bill on the ground that 1t
gives to the people about $54,0O00OO each
year in new money. Remember that the
very man who gave that did so as a rea-
son for the enactment of the Sherman law,
and then turned around and Joined with
the opponents of free coinage in repeating
the Sherman law and leaving nothing to
take its place. Instead of having $54, ,O00,- ;
600 of new money each year we have been
decreasing our circulation for the last two
years. =
What provision does the republican
party make for the supply of the money
that you need? None whatever l am
not surprised that even men who have
been republicans all their kves are now
IN favor of the free coinage of silver.
Wreat applause) / am not surprised
when l find that republicans who recog-
nlze their principles of finance and apply
them to the money question, / am not
not surprised that they desert the repub-
hcan party this year when It comes out
ana attempts to defend the democratic
administration which was repudiated by
the democratic party itself (Great ap-
plause) Y You remember here in North Car
DINA the republicans have made more
capital by denouncing this admin
iSuauon than in any other way. What do
you think now when the republicans of
North Carolina become the sponsors for
tne democratic administration. CWild APP
pIause). l am not surprised that earnest
and sincere republicans prefer to stand
with the democratic party in demanding
oimetallism, which even the republican
party OF four years ago said was dear to
me American people through tradition.
am not surprised that republicans eight
years ago stood upon platform that de-
nounced the democratic party for its at
Tempt to demonetize silver / am not
surprised that those republicans join with
US to-day in demanding bimetallism, which
saS oeen the historic policy OF the United
states until 1873, received the support of
al me statesmen, republican. democratic,
wing ana everything we ever had in this
country Uong and continuous applause).
MT. Bryan quoted from n speech made
uy Henry Clay IN the United States Sem
"te ON Jan. &C. 1870: "Of all the condi-
Is Where tlL,C is a constant and rapid
uln''''ion in tie amount of the ,.ccu az
ing medium The debtors become unable
70 pay their de Dis" and Mr.. Clay yiinp,y
HscScilA"'l he Sery condition which 3. n
rom aon's the Ar1eiican people to-day, and
se' 'hc republican party not only refuses
~ recognize that condition and bring re-
nvI from that condition, but the repuh-
tyah party pledges itself to a policy which
' au' ieases the financial distress of this
eoIntry' makes debts harder to pay and
.m'mcns the sheriff to take charge Of the
..top.rty of the citizen, and then leaves
s.',, uls uebt unextinguished to hang over him
aL (Grcat applause) My Friends. ]
Til"s' leave. (Cries OF "Oh, don't stop.D
m a., me state OF North Carolina,
,""ere the people can still listen
W W me echo Of the words of their great
s,a'esman Vance Great applause), It is
%, Dp. necessary for one TO come from
road to call your attention to the perils
""lch surround you. You remember that
v,. OF the last speeches that he ever
S'',red was upon this question, in which
a., showed ~ the American people that
WV great contest between the money pow
~ ana the common people was at hand.
81 mere Is one in this audience whose
'Fllpathics In this contest ara with tho