The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-13

IT,.
Faat act believe to have been uncon-
-.tutional; believe 1t to have been wrong.
oelieve we shall never have healthy
money system in the United States till
We stop the legal-tender character of the
T-eenback and take the government OF the
United States out of the banking bust
ness forever into which it never ought to
have gone. Applause.)
THE ACT OF 49,
'.And 1t was shortly after that was done
that there was passed the act of 1873. Mr..
Bryan and the Democrats call the act of
1873 crime. 1t was no such thing, and
they know it. Mr.. Bryan says the act of
1873 was passed in secret ard nobody knew
what it meant. 1t took three years to pass
ard it took $50 pages of the Congressional
Record to hold the speeches that were
made on it. And if any of you try to read
$50 pages of the Congressional Record you
viii find what an Overwhelming pile of talk
and publicity that meant. That was simply
ceased to be used in the United
States, and md, which nobody wanted was va.
many of the men who are now declaiming
against that act as a crime voted and spoke
vada- In the next year. 1874 the statutes
of the. United States were all revised; they
and every act on the statute books was
canvassed on its merits. During the year
a1ter this supposed crime when, If the
people had been .juggled into something
tney did not understand, there was q
chance to find it out. In that year, 1874,
of the silver dollar was permanently in
corporated into the statutes of the United
with the help of the votes of the very men
VINO are deciadming against it to this day.
t Applause Why, fellow-citizens, some
times a crime is perpetrated by Congress-
sometimes an act is ratified through with
out proper debate and the country awakes
of some of those infamous laws that were
assed breaking our treaty with the En-
letting the Chinese to make max treaties Of Of
Friendship with u.s. there was ratified
through in about ten minutes less the
Scott law. which abrogated our treaty with
China and put us in that base position be-
fore that empire. It was hurried through
SO quickly that while one member OF Con-
gress had gone out, supposing the journal
Was sun reading: he came back to find
was a crime if YOU win nassad IN s a,get
Wltnout debate and made q law of the
United States. The people rose in a mo-
ineht ana denounced the crime i'm the pa
pers. II Congress perpetrates a secret
CRIME, the country attacks it and denounces
above board. and the silver men who now
say, say otherwise say what they know is not
true; fApplauseO
-, shortly after than the development of
.ne silver mines began to increase the out
p t.n, or that metal; and those who had CON
trol or those mines began to see if silver
was again at it's old rate they would gain
2 great deal. and in the future debts could
was, when they lad been contracte tIiai and L,
80 there has been act after act-the Rland-
by which silver dollars have been poured
on the country. And when they talk about
o,e1monetlzing silver in 1878 sney know that
times beyond the amount already used in
the country before, have been tun1bied into
raise the value of silver: and the peopie
o. tha the United States won't take them, and
the treasury and the Value e Of s nSertS bs Of
sleadlly gone down until it is half what it
was, Was II 1873 In spite of the number of meas
ures tnat nave been carried to force it on
TIE unwilling country for the benefit of the
mine owners. tApplause.)
HOW WILL WE GET FREE SILVER.
But it is said there is not money enough
TO supply the business demands of the
world and that the act OF 1873 cut out half
the money of the world. 1t did no such
thing But the acts that are proposed now,
with the coinage of silver at 16 to /, is going
TO drive half the money of the United
states out of use, namely, the gold; and we
s1al md our currency discredited as il
yer was before. Suppose we get our un-
limited silver at Is to l. Suppose we had
al these silver dollars coined for the bene-
mt Of Senator Stewart and Mrs Hearst and
me me British owners , of the Anaconda mines
british silver poured upon US to an un-
limited extent? How are you and ! who
That question has been asked again and
again. and it never has been and it never
can be answered. There is no way in
Which the farmers and the Iaborers Would
get this great unlimited amount of silver
except as the mine owners choose TO give
II 70 them or to lend it to them. Do they
suppose Mr.. Bryan's Assistant Secretary Of
the Treasury will stand at the door and
peddle out silver to everyone who asks for
II, and perhaps will employ the assistant
treasurers at New York Chicago St LOUIS
them? No. friends no. If YOU want
money you must give moneys value. You
you want Is what labor gets and what YOU
can exchange for the works of labor. Men
gold and silver and greenbac.xs but means
OF converting your labor into the abor OF
another man? For what is the standard of
value-gold. silver. wheat? No--The labor
by which those things are got tAppIause)
And the question is now when we consider
tne standard, when we talk about deprecia-
IONS and approximations, how is the labor
that Is required to get gold? How is the |
labor that is required to get silver? Roth
gold and silver can be got now with less
labor than in 1S73-silver with much less
comparative labor, gold with somewhat less
comparative labor. 1t is labor that has APP |
precfated: 1t is labor that has risen: the |
iaborer. the working man, the wage Garner |
And those higher wages that Increased |
value of labor MIR: Bryan means to pull |
down to the ground by his deltlsion of free |
silver. 1Applause)
Mr. Bryan proposes. however to do this |
III the teeth of the world. The world has |
settled. by international agreement on the |
gold standard. Fellow-citizens don't talk
to me about bimetallism by international |
agreement / desDise that talk whatever
platform 1t goes into. We have got the |
gold standard now by agreement of all the |
nations of the world that are worth any |
thing, and / propose to keep to it, (Ar- |
piause) Mr.. Bryan wants to get rid of it |
lie says the United States can do 1t alone |
lie says 1t is bimetallism, but it is not |
1t is pure recommendation. He SAYS he can |
force ii on the other nations of the world |
Why, what made international credit but |
exchange? Why is the gold standard |
adopted by the nations? They have tried |
and the silver standard They
have been driven to gold standard and |
stick there. And we have got this system
of commercial credit which binds England |
France. Austria and America together in a |
brotherhood" After comparing
the financial condition of Mtxico with that
of this country, paying a tribute to Presi-
dent Cleveland and after plea for Palmer
and Buckner, the speaker closed in these
words
'Felow-citzens, the time before the cleo
ton is short. / believe the question of |
whether the country is to maintain its
credit is already settled. / believe sound |
mean bimetallism (applause) II believe
sound money is to be sustained. / believe
1t Is already time to think of the best way
to do IT, / believe we can de- it in |
bIaye way as we'll as In tinaid way: and
while 1 say Wa tG the knife against An
archists and regulators, while / call on |
every Democrat to reject the false plat |
form and the deceiving candidate I say
3 =. DO \