Gloucester County Democrat. (Woodbury, N.J.) 1878-1932, 1896-10-15


have the privilege of witnessing such q
transformation.
But why has he succeeded thus? Because
he was the spokesman Of moneyed pow
or, and that power behind him, not Sher-
man himself, has compelled the Republic
an party to submit its neck to the yoke.
and that power has taken in its grasp GER
tain prominent Democrats and borne them
from the party.
What the Dangers Are.
My friends, it seems to me that In the
presence Of the opposition made by the
Republican platform the people of this
country ought to be awake to the dan
gers before them. What do we find? We
find that few financiers are able to con-
troll the amount of gold and by sending it
out of the country are able to run down
stocks and reap rich profit, and then by
bringing it back are able to raise stocks
and make a rich profit again. What do
we find? We find that our financial system
has been turned over to the stock gambler.
My friends, as long as our government
receives its financial inspiration from rail-
road wreckers and stock jcbbers and money
grabbers this nation will Sd legislate that
1t will be more profitable to be nonpro-
ducer than to 60 to work and produce
something.
You cannot trust the financial wisdom
OF your stock market manipulators in
times of peace, nor can you trust their
patriotism in time of war
The president Of the United States has
pursued this financial policy until these
stock manipulators have slobbered over
him with praise, but tile moment he as
serted an American policy these money
changers deserted him, and he had to look
to the yeomanry of the country for support
Just as long as our money is controlled
by few hnanciers who use the scarcity or
the plenty of it to run the stock market,
just SO long we shall barter national hon
or, just so long we shall stand in the atti-
tude of servile dependers upon foreign
pity and foreign compassion.
am not believer in war, except as a
last resort. l am In favor of the peaceful
settlement of every question that can be
settled peaceably without the surrender of
national honor. But, my friends, assert
that no nation like ours can afford to have
a financial policy which is only tolerable
in time of quiet and absolutely helpless
~
ance. You know that if gold is to be our
only primary money, and II that little
quantity Of gold can be drained away at a
moments notice by foreign creditors, it
leaves us helpless.
You know that when the Monroe doc
trine was discussed and asserted gold
began to go abroad You know that with
the slightest prospect of foreign war we
would suspend gold payments and go
either to silver or to paper basis at
once, and yet, my friends, these people
who want to build the commerce of this
country upon an appreciating basis are the
ones who call it sound financial system
and assume to possess all the wisdom and
patriotism that there are in this country
Questions to Ask.
My friends, let me suggest three or four
questions for you to submit TO your op-
ponents. Ask them if they believe that
with gold alone we can prevent fall in
prices, and II so let them state to you
where in the world they are going 10 find
the gold to replenish our currency and
make our volume of currency keep pace
with the demands for money.
You ask them1 IL they deny the power Of
law to raise the price OF an article by in
creasing the demand for that article. II
they tell you that the free coinage OF silver
will not Increase the price OF silver, you
ask them why 1t was when India suspend
ed free coinage the price Of silver fell. Ask
them why 1t was that when we suspended
the purchase Of silver under the Sherman
law the price Of silver fell Ask them why
Ii was when we enacted the Sherman law
in 1890 and increased the amount of silver
purchased by the government silver went
up to 120 cents an ounce Look in the re-
ports of the secretary Of agriculture-on
page think you Will find it, the Ian
guage OF Secretary Rusk, where he pointed
to this act of legislation and showed how
1t raised the market value OF silver bullion,
and also declared that as silver went up
wheat and other products Of the farm had
gone up, and that we could expect good
times as the result OF the rise in silver
which followed that legal enactment.
Ask them why 1t is that they insist on
ignoring all history and being blind to all
reasoning; why it Is that they repudiate
the very laws Of finance and disregard that
primary law Of laws OF trade, the law Of
supply and demand.
ridiculing the Democratic platform. They
have found that the campaign was too
earnest to be defeated by ridicule. They
began to abuse the candidate and to abuse
those who supported the platform, and
when they found that abuse only intensl-
fed the feeling, only increased the enthu-
siasm, and that 1t made the earnestness
more earnest, then they began a systematic
process of coercion and intimidation.
They first said that our claims were so
ridiculous that the people would not accept
them. Then they said that our position
was SO awful that the people would not
tolerate it, and then they said that it was
so attractive that we must not let the peo-
pie have their own way or they might vote
for it.
My friends, why is it that these great
corporations have become at once so so
hcitous about the welfare of their employ
ees2 Why is 1t that instead Of paying the
wages and accepting the work as settle
ment of obligations they have commenced
to start financial schools and TO dissent
nate financial folly among those who are
wiser than their teachers And why Is Ii
that when they ask their workmen to join
clubs that are supporting Republican
ticket, why is 1t that they call them
Sound money clubs instead Of calling
them '-gold standard clubs?
want to inform you, my friends, that
when man is putting forth an argument
he is apt to dress it in its best garb and
present 1t in its most attractive form, and
when the advocates Of the gold standard
talk about sound money instead of gold,
a. t. 81
money sounds better than the gold
standard"
1t is because they know that honest
money" is more euphonious than gold
dollar, which everybody would recognize
as the most dishonest dollar that there is
in the country.
Now, my friends, honest men do not re-
sort to dishonesty in language Men who
desire an honest currency do not deal dis
honestly with the American people In try
ing to get them TO adopt thing under
one name here when they mean to give
them something else And 1 am going
further than that have respect for an
honest, open aud candid opponent. l have
y respect for a man who has convictions,
who states those convictions and who
stands by those convictions; but, my
friends, am unable to entertain SO high
o respect for q man who does one thing
under one name and for one purpose when
he has secret meaning which he is not
going to disclose.
] respect the Republicans who stand
openly and above board for the Republican
ticket; but, my friends, shall not attempt
to describe the feelings which l entertain
toward those who having failed to control
the Democratic party, seek still to claim