The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-09-20
destructive to the highest forms of citizen
ship and should not be tolerated in a couTl~
try like ours (Appiause.)

try like ours. (Appiause.)
CARLISLE'S RECENT LETTER.
Now, my friends, / want to call your
attention to one other subject. Our oppo-
nents are doing much for us in this
campaign as we able to do for our
selves tApplause.) And of all the public
documents recently issued the most impor
tant one is a letter just given to the public
written by the Secretary of the Treasury.
from which | desire to quote one sentence:
1T is the duty of the Secretary of the
Treasury and all other public officials to
execute in good faith the policy declared
by Congressional mark these words-'but
whenever he shall be satisfied that silver
dollar cannot be kept equal in purchasing
power with gold dollar except by receipt
ing it in exchange for gold dollar, when
such exchange is demanded, it will be his
duty to adopt that course / want you TO
mark those words, because in these words
the Secretary of the Treasury tells you
that when the Secretary is satisfied that
it is necessary he will commence redeeming
silver dollars in gold. Great applause) /
call your attention to it. my friends, be-
cause / want to empha size the deception
that has been practiced by this administra
ton on the money question. Great APP
the repeal of the Sherman law you were
told that the repeal Of the sh ia
law repealed the same authority
which promised relief soon that law
was repealed came TO Congress with de-
mand that the greenbackS and treasury
notes must be retired by the issue of gold
bonds in order to stop the drain the
treasury's gold, and now the Secretary of
the Treasury informs you that even If the
greenbacks and treasury notes were all re-
tired it would be his duty, whenever in his
opinion 1t became necessary, to redeem sill
Yer dollars in gold and start another end
less chain that would drain the treasury.
(Great applause.)
According to the doctrine laid down in
Mr. Carlisle's letter, you cannot stop the
retire all the silver dollars and silver GER
tificates, and leave nothing but gold as
the money OF this country. Great ap-
plauseO l glad that this declaration
has been made | am glad that our OPP
public their heartless merciless. criminal
policy. Great applausel / denounce the
policy more cruel and heartless than po-
ltical Nominations of foreign power /
would rather, some one has said,
would rather put our army in the hands of
of a foreign admiral than to put the Treas
ury Department in the hands of a Secre-
applause) ] would resist such a financial
policy with as much earnestness as would
resist the progress OF an invading dn army
plause)
Il am glad that the overruling Provi-
dence manifested itself so clearly when it
opened the mouth of the Secretary and dis
closed his policy. If the administration
knew that the Sherman law would not
bring relief and concealed the knowledge
from the American people, then you have
d right to dstrust the honesty of an ad-
miniStration that would ask one thing of
the people and demand another. tGreat APP
plauSe.) Did the administration know when
it recommended the retirement of the
greenbacks and treasury notes a means
of stopping the drain upon the gold in the
treaSury-did the administration. when it
recommended that, know that after they
were all retired it would propose the pol
icy which the Secretary of the Treasury
has outlined? If it did, and did not tell the
people, it was dishonest in not taking the
people into the confidence of the admins
tration, an if it id not know that then
will it confess it's ignorance of monetary
laws and the finances of this country?
Great applause)
Does the administration know now that
when it starts to redeem silver dollars in
gold that it will start another endless chain
that will drain the treasury indefinitely
and increase the bonded debt without limit
unless they retire all the silver dollars and
substitute bonds In their place. If they do
not know, my friends, they must confess
themselves ignorant of the finances of this
country, and if they know and will not
distrust their candor and frankness when
they deal with the people of this country.
Don't think that my language is harsh. 1t
is not harsh. (Cries of 1t is all right
These men are the public servants of the
American people and they have no more
right to betray the people into the hands
of the Shylocks of London than Benedict
Arnold had to betray the American army.
Enthusiastic applause.) That is all I have
to say about the Secretary's letter at this
"a voice, Well, that settles it y