The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-02-07

Here, gentlemen Of the commit
tee, is the only issue between Us, and
in your elaborate address you nave
not even relel. ed to it. I say,
that if you make 10th silyet and
gold standard money, then the ma
terial out of which each dollar is
coined, must in the markets have
the same commercial value, or the
dollar which is coined out of the
material of the greatest commercial
value will retire from circulation.
/ say the substance in the silver
dollar is worth only so cents, while
the substance in the gold dollar is
worth 100 cents, and for us TO give
silver the quality of standard mon
ey by admitting it to free and I'M
limited coinage, we would inevita-
bly, force the country to a silver
basis. Here is my contention, and
while there are millions of demo
Gratis in the United States who think
as | do, and tens of thousands inTen-
nessee, your committee which issues
an address to instruct and guide the
people does not even refer to this,
the only vital and paramount ques-
ton to be decided. Instead of de-
nouncing your democratic associates
as "deserters" and 'sgriffins," why
do you not meet the issue and show
them their mistake, if they be in
error? l say the doctrine for
which / am contending is of uni
versal application and is everywhere
recognized by the commercial world.
You, in the address, hold yourselves
out as the apostles of true democ-
racY. Now, | challenge each and
every one of your committee to
name one democratic statesman from
the organization of the government
down to the breaking out of the civil
war, VINO ever in word or speech,
intimated or suggested that we could
maintain gold and silver in concur
rent circulation as standard money,
unless the commercial and coinage
RI los conceded. You COZ Ire with
- names of Jefferson al Jackson,
ok and Johnson. Unfortunately
for you they are all tie other way.
Jefferson went so far as to say that
The coinage ratio in this country
must correspond to the commercial
ratio fixed In other countries. John
son in 1853, made d speech in con-
gress in which he distinctly stated
the principle and went even further
than would go. Jackson restored
the gold currency ii 1884, by chang
ing the coinage ratio so as to make
it conform to the commercial ratio
aud Pol as we all know, was the
political execute of jackson. Go
to the debates in congress in 1884,
and then again in 1853, and read
what democratic sta asrnen of that
day and generation said and did,
before you set yourselves up as self
constituted judges to condemn your
fellow democrats.
Your committee labors to make
the impression that democrats who
differ from you are attempting to
strike down silver as money. In
passing, / wish to call the attention
of your committee to the fact that
Secretary Carlisle has coined twice
as many silver dollars during the
three years of his incumbency, as
were coined by all the democratic
secretaries, from the time Andrew |
Jackson was inaugurated president
on the 4th of March, 1929, down to
the hour James Buchanan retired
from office on the 4th of March |
1861.
Now, gentlemen of the commit
tee, l must conclude. | have not
written fully but 1 have written
earnestly and respectfully. I am
always willing to meet my fellow
democrats frankly and without res
ervation, around the council fires of
the party. l shall continue to live
and abide by it. Earnestness of
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