The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-09-20
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CHICAGO. Sept. 19-Central Music hall,
which seats nearly 1900 persons, was filled
to its standing room capacity tonight by
enthusiasts in the silver cause who came
to hear and cheer Governor Altge!d. An
overflow meeting was held in the street
in front of the hall, lasting until the gov
ernor came cut to receive more applause.
Robert Lindblom presided at the meeting.
His speech related to q review Of Jener-
sons attitude on the coinage OF silver,
and he was warmly received.
Governor Alleged began by calling
attention to the speeches of Hon. Carl
SchurZ and Bourke Cochran in favor
of the gold standard.
Il am sorry to have to say to you"
he said, that in these long speeches,
containing, as we are told, the law and
the gospel of the gold standard, there
is not a line, not q sentence, not syl-
liable, which offers any hope to the
American people. That we are in dis
tress is not denied in either speech, but
there is no suggestion of a remedy. The
substance of the whole argument is
that
WE WILL BE BETTER OFF
and suffer less if we keep quiet, and
that the remedy proposed by the Chi
ego platform would only make matters
worse instead of better, or, as Mr..
Schurz puts it, the application Of this
remedy would be jumping out Of the
frying pan into the fire. and If he is
correct in this then the only question
which is left for the consideration of
those of our people who are dying in
the frying pan is whether they would
be any worse off in the fire.
''Mr. Schurz and Mr.. Cochran raise
their hands in horror over what they
call the prospect Of sullying the national
honor, and paying our obligations or
the interest on our obligations in any
thing but gold, and they point to the
fact that in 1890 Congress declared
practically that 1t was the policy of
this government to keep everything on
a gold basis: that the world had accept
ed this and for US to disregard that
declaration would place US in the light
of regulators and dishonest men before
the world Just see how little substance
it takes to enable a rhetorician to fill
the air with ghosts. When was our
government debt created? Long before
1890. And what kind Of money did we
get for the bonds we sold? We got
paper for some, gold and silver for the
remainder Neither Mr.. Schurz nor any
other mortal has been able to point
out wherein you wrong a creditor when
you pay him in
EXACTLY THE SAME MONEY
that he gave you. Neither he nor any
other mortal has been able to point
wherein you do an injustice to any
man when you pay a creditor in money
that has exactly the same purchasing
power that will buy as much property
of any and every kind, and as much Ia
Dor as did the money he gave you 1
will agree with Mr.. Schurz that a cred
itor should not be paid in money, the
purchasing power Of which is much less
TRAN was that Of the money that he gave
the debtor. but if it is dishonest to pay
creditor in money that is cheaper than
the money that he gave the debtor 1
ask you and ask the American people
whether 1t is not dishonest to compel
a debtor to pay a creditor in money
that has twice the purchasing power
as had the money which he got from the
creditor? If the paying the creditor in
cheaper money than he gave the debtor
| is Reputation, 1 ask whether compell-
| ing a debtor to pay his debt in money
that is twice as dear as the money he
got is not robbery? The main fabric
! of the whole speech of Mr.. Schurz is
bsed upon the theory of overproduc-
ton.