The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-08-16

the patriots of 1861 TO the support of
William Mckinley. He has been nom
mated by the Republican party. He
is a Republican. His administration
will be along Republican lines, but he
is also a patriot. He represents in
name, in record. in purpose, ali that
is best and grandest in his day and
generation. With him at the helm no
harm can come to the American peo-
pie. We will give us broad, compre-
hensive, aggressive, American admin
istration.''
AFTER HIM, wooDFoRD.
The meeting closed tonight with an
address in the great tent by General
The audience was even larger than
that which listened to the speeches Of
Senator Sherman and Senator-elect
Foraker this afternoon, consisting
mainly of workingmen-
A glee club of a hundred male voices,
accompanied by a great organ on the
stage, sang patriotic and campaign
songs at this evenings meeting. Gen
eraI Woodford spoke as follows:
Mr. Woodford stated briefly the posi-
ton of the three principal parties. as
set forth in their platforms. He Sid
he believed and would try to prove that
the Democratic declaration, if carried
into effect, would reduce US to a silver
recommendation, where Mexico, China
and India are
Honest fulfillment of Populist pledges,
he said, would put US on a paper ba-
sis redeemable in paper and in paper
alone, and just where no civilized land
in the world is today. 1t would be a
current of soap bubbles redeemable in
soap bubbles, affording no basis or
foundation for any superstructure of
business, farming or labor
He gave three illustrations of Popu-
list finance from history, the first be-
ing the issue a. paper money by John
Law, minister of finance in France in
1920; the second, the issue of paper
assignats and mandates in 1889 and
1886, and the third, the issue of con-
tinental bills by Cur own continental
congress between IT'S and 1880. All
Of these experiments were disastrous
failures and that of the continental
congress ended
IN COMPLETE REPUTATION.
This is a hard word said the speak
er, "but it is true. 1 leave it to the
conscience, to the judgment of every
patriotic citizen, whether he calls him
self a Populist, Democrat or Republi-
can, to answer this question: If con-
gress did not, would not. or could not
keep the legal tender national money
of the revolution at par, is it honest
or wise for us to attempt the expert
ment now?'
Mr. Woodford expressed his convic-
ton of the honesty of purpose of the
men of the Populist party, and said he
had no sympathy or patience with
those who sheer at them or revile
them.
81 know them to be brave, but I
beg them, by lessons of history and by
the memories of the continental strug-
giles and the reputation of the CONT
mental currency, to desist from the eff
fort They make today. Their defeat
will be for their good and our good
and the good of Our common country.
They must be defeated in this unwise
and unfortunate assault upon the labor
and the savings of the people,
The speaker compared the demands
Of the Democratic party with those of
the Populist party, which agree that
all paper which is made a legal ten
der shall be issued by the government
Of the United States. But the Democ-
racy declare that such legal tender pa
per shall be redeemaole in coin and
there is no such purpose of willing
ness expressed IN the Populist plat
form
Where" ne asked, "does Mr.. Bryan
stand, and which flag does he follow?
The fat money Populists trust Mr..
Bryan and, therefore, 1 dare not. They
have read the Democratic platform
with its promises of payment in coin,
and vet they will believe in the con-
slant increasing issues of irredeemable
paper and believe i'm Mr.. Bryan. Some
one must be cheated in this double
dealing Who is If IN he
Mr. Woodford then took up the main
question, Shall we open our minis to
the free and unlimited coinage Of both
silver and gold at the ratio of Is to l,
without waiting for the aid or consent
of any other nation?"
On this question he asked consid-
Grafton of the certain facts, viz:
First-That all the civilized nations of
the world, excepting Mexico, some
South American and Central American
states, Japan China and India, are
with us having their minis closed to
the coinage of silver.
Second-That nowhere in the world
today will sixteen ounces of silver buy
an ounce of gold. Everywhere in the
world you must give from thirty to
thirty-two ounces Of silver to get an
ounce of gold
Third-That no government. with
composing the Latin Union, has thus
far been able 10 maintain silver and
gold in actual circula ton upon fixed
alto for any great length of time. In
illustration Of this statement Mr..
Woodford reviewed at some length the
efforts of this government over period
of years to keep the gold and silver
coins a parity.
Fourth-The owner of silver bullion
only brings it to the mint when gold
is the dearer metal. When gold is
cheaper he prefers to sell his silver in
the open market.
MERELY A QUESTION.
as not this silver coinage a game
in which the silver mine =owner stands
to win and never 20 Iose?" asked Mr.
Woodford
would you like some scheme by
which the government would give you
81 a bushel for your wheat? If in the
market you could get s1.10, would you
not go in the market and avoid the
government? When in the market you
could only get so cents, would you
not sell to the government and avoid
the market? Gentlemen, do not wish
to call hard times or suggest unseen
ing epithets, but is not this free
coinage of silver something of
bunco geme?'
He declared that all the power of
the government, strong as it is, could
not compel a single owner of gold
bullion or silver bullion to bring his
bullion to be minted if he could make
2 cents on the dollar by selling it in
the market or by shipping it to Eu-
rope. No man will willingly and know
ingly surrender to another man one
dollar of value in exchange for that