The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-10
DANGER OF rHE MONEY POWER.
Ex-Governor Pennoyer Tells of It's Con-
spiracy TO Throttle the Nation.

Ex-Governor Pennoyer Tells of It's Con.
spiracy TO Throttle the Nation.
Ex-Governor Sylvester Pennoyer re-
ceived splendid welcome at the Vogt
opera house last night. The hall was
crowded TO the very doors, and when
the speaker of the evening appeared
on the platform he was received
with cheer after cheer. The greeting
was but an Introduction to what fol
lowed, us Interruptions to the address.
when the audience answered The
| eloquent words which fell from the
speakers lips throughout the entire
evening.
Governor Pennoyer spoke under tn,
auspices of the Bryan club, and was
met at the UInatilla House by dele
CATION of over 800 Bryan men, and
conducted in a carriage from there to
the Vogt. At 7:30 the march to the
Vogt began, lead by The Dalles con-
cert band, the governors carriage and
300 members of the Bryan club follow
as it passed through the streets and
entered the opera house TO meet the
enthusiastic throng within Judge
Story called the meeting to order and
introduced the speaker, and it was
several minutes after the governor had
stepped to the front of the stage be-
fore the enthusiastic audience ceased
cheering so that his voice couli be
heard.
The governor spoke for nearly two
hours, holding the attention of his |
hearers almost spellbound. Ia open
ing he thanked the people of Wasco
county for the 500 majority they gave
him the last time he was candidate |
for governor of Oregon, and urged |
that they give like hearty support to |
VIM. j. Bryan, whom he eulogized as
one of the greatest of American states
men. He then began an exhaustive
discussion of the issues of the present
Through close and careful line of
reasoning, he showed that the founda-
tion for the present depressed cOndi-
ton of business, and the financial mis-
fortunes that have overtaken the ma
tion did not have their origin with the
revision of the tariff, but began with
the contraction of the currency in 1873,
finally eliminating with the repeal of
,he Sherman law ia 1893. He substan-
lated this position by the fact that all
,he great financial crashes of the ma
ion, beginning with that of 1887, fol-
owed an act of the government that
the currency. He even
vent further back than the dates of
American history and showed that
very period of depression in the
world since history has been written I.
a narrowing down of the Cir
medium, while the most pros
,erous times the civilized world has
,Down was when money, both met
lie and paper, was the most plentiful.
rom these historical facts he reasoned
hat the depression in business which
ow exists, is the result of the lack of
currency with which to trans-
ct the business of the country.
Under such circumstances as now
xist he said no class but the money
snders could be prosperous. There
're he held that the money power had
selfish and personal motive in at
empting to contract the currency of {
he county and keeping it down to the Y =
,west possible limit, for by 80 doing \
le prices of the results of labor must Z
III, while the price of the use of money {
ould advance. Unless this can be ;
revented, the speaker held that the Z
me was soon at hand when the money n
over would throttle the producers of
le country and reduce them to serti- !
lde. !
To prevent this awful calamity with
i its attendant miseries, he held the =
pening of the United States mints to
le free and unrestricted coinage of
lver was the only remedy. Silver he
i'd was metal whose production
,uld net be contracted by the money
DIVER, therefore it was the natural
asic money metal for the producers.
In conclusion, Governor Pennoyer
'ged all true and loyal Americans to
and up and assert their rights as
and consider their individual I
ghts as such when casting their
Illots for president of the United
,ates. This he held could only be
me by supporting candidate who Q
as free from corporation influences,
I'd that candidate he said was William
Bryan.
Turn on the Light
Turn the x rays on our piano prices
ID you will see revealed that they are