The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1896-08-29

that you snail destroy the value OF all property
except money and investments that call for
fixed amount of money.
INCREASES THE POWER OF MONEY.
''lt means that you will give TO those invest
ments and TO this one form of property,
money, an advantage over every other form of
property.
''When you understand the effect of the
policy and then understand that the desire for
it is manifested most among those who hold
the fixed investments or trade in money,
think you will come to the conclusion that
have come tc-that the fact that the gold
standard is good thing for them is the prin-
cipal reason why they are in favor Of gold
standard. (Applause.
HOW TO GET RID OFT.
When you make up your minds that the
gold standard is bad thing, then the only
question that you have to consider is, how can
you get rid of it? Our opponents may raise
objections to the plans which we propose, but
l want to suggest that you are interested not
so much in knowing the objections to our plans
as in knowing what plaus they have to relieve
the condition. (Great APPLAUSE
HAVE THEY ANYTHING TO PROPOSE?
"Why don't they propose something? Is
it because they don't know what ought to be
done? If so, they are poor people to lead you
out Of bondage. daughter and applause
sis it because they know and will not tell ?
| If so they have not the candor that should be
possessed by those who would redeem peo-
pie from their suffering and distress. Cap
plause. They say that our dollar will be a
So cent dollar. They refuse to apply to the
silver that is produced in the world the law
of supply and demand.
INCREASE THE DEMAND.
''We say, increase the demand for silver by
legislation and that new demand, acting with
the demand now in existence, will operate
upon the price of silver. We say that that
new demand will be sufficient to consume all
the silver presented at the mint, and being
sufficient, will raise the value of silver bullion
to $1.29 per ounce throughout the yorld.
APPLAUSE -,
simply say, 1t wont do it; it wont do it,
and then sit back and propose absolutely
nothing.
OVERLOOK A PLAIN FACT.
81 have known some OF our opponents to
use this sort of argument: Why, they say,
/, if the free coinage of silver makes q silver
dollar equal to gold dollar it will be just as
hard to get silver dellar as it is to get gold
dollar Do you know what they overlook?
They overlook the fact that when we bring sill
yer into competition with gold and increase
the supply of standard money that, while q
silver dollar will be worth as much as gold
dollar, it will be easier TO obtain, with the
products of toll, silver dollar or gold dol
lar than it is today. (Applause.)
INCREASED THE PRICE OF GOLD.
"0ur complaint is that the same hostile
legislation which has destroyed the demand
for silver and driven down the price of silver
when measured by gold has also increased
the demand for gold and driven up the price
of gold when measured by other forms OF
property, and that the opening of our mints
to the free and unlimited coinage of silver will
operate to bring more money iYto circulation,
and thus lessen the strain thai has existed for
J gold, and that by increasing the demand for
silver we bring silver up until silver and gold
melt at the ratio now fixed by law, and sill
yer dollar and gold dollar will be of the
7 same value here and all over the world. Zap
plause.
= ''But 1 have spoken beyond the time that
l expected to. (Several voices: keep on
f go onr' Another voice: ''We will stay here
= till tomorrow morning.
TO THOSE WHO ARE AFRAID.
e ''I simply want to say this: If there is any
! person here who is afraid that under the
| policy proposed by the Chicago platform We
are going to have food of money and tina
e YOU will be drowned in it, we cannot appea
: to him for support daughter But if ther'
n is anybody here whose experience is such tina
i he is willing to risk the disastrous conse
quenences of that food upon him, we ask yc;
to consider whether we are not entitled to you
f vote" applause
!, URGED TO STUDY.
t ''My friends, | want you to study this none.
b question for yourselves, and | want you t
!; understand that if bimetalism is to be restor
v ed, the United States must take the lead
(AP&RlauiSs;l .E&a Sa1o ,.;,.a Co.. moro than tw.nt
s years to have the benefits of bimetallisn
brought to us by those whose interests are op
r posed to ours. l assert that the American
t people not only have the right, but have tn
/ ability, to legislate for themselves on ever.
question, no matter what other nations ma,
It think about it. (Great applause
It POWER OF THE NATION.
d .sThe man who says that bimetallism is de
t sirable and yet that the United States is in
o potent to bring its advantages to our peopl
} has made an admission that shall not make
applause
4 United States is the only nation that stand
0 ready to protect its own people from ever.
!. danger, foreign and domestic.
q ''Foreign nations may protect their people
as they should, but our nation is the onl
y nation that can protect the American people
|. Applause. A voice: That's right.')
d MUST ACT FOR OURSELVES.
Y ''If we need relief from the gold standar'
il we must secure it ourselves, and if we mus
n secure this relief for ourselves we can onl
} secure it through party which believes i
the immediate restoration of the free and un
limited coinage of gold and silver at the pres
= ent legal ratio of l6 to l, without waiting 70
: the aid or consent of any other nation. z
u Voice: "That's right" Great applause an
cheers.)
Mr. Bryan's speech had remarkable effec
7 on the auditors, many of whom were Reput
l licans. Great numbers of these declared the
: were converts to the doctrines of Democracy
= and.would vote for Bryan and Sewall.