Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1896-09-19

| JANUS ana StrOnS lunSeu enthusiasts.
| This morning at o'clock Mr.. Bryan's
| train was hauled back to town. At the
1 station the candidate was met by the
| local reception committee, which con-
Quoted him to the speakers stand on Cen
| ter street, a broad main thoroughfare.
| brass band and the Goldsboro Rifles,
in full uniform and with arms and equip
ments, marched ahead. Center street, al
the point where the stand was erected,
| was crowded The gathering numbered
between 5000 and 1000. C. b. Aycock, a
! prominent attorney, presented Mr.. Bry-
an, who made a speech that worked his
hearers up to a high degree of enthu-
| siasm.
At the conclusion of his address Mr..
Bryan returned to his train, which pulled
out for Richmond at 1880 a. m.
Not Sectional Platform.
Mr.. Bryan said: Sometimes they ac-
| cuse us of raising sectional issue. One
| of the best evidences that the platform
| adopted at Chicago doesn't raise a sec
| tional issue is found in the language of
| the platform adopted yesterday III New
York Let me read it to you. After un-
| reservedly indorsing the platform and the
| candidate of the Chicago convention, the
| New York platform contains these words:
1t declares as its deliberate judgment
| that never in the history of the demo-
cratic party has a platform been written
which embodies more completely the in
| terests of the whole people IS distin-
, guished from those who seek legislation
| for private benefits than that given to
| the country by the national democratic
convention of 1885, (Cheers)
There within the shadow of Wall
| street, there against the combined oppo-
siton of those once leading democrats of
New York, who have left the democratic
| party and either gone over entirely to the
| republicans or stopped for a mo-
ment at the half house, the
democracy OF New York declares the
platform adopted at Chicago is the most
| democratic platform ever put before the
country by democratic convention.
| (Cheers)
In the state of Connecticut they have
also indorsed our platform, and in Penn
| sylvania and New Jersey. In these and
other eastern states the democracy is
| beginning to realize that the Chicago
| platform presents to the American peo-
Pile those great issues around which the
people must cluster if they are going to
| retain a government of, by and for the
| people.
The Income Tax. !
1.-THE Chicago platform contained
plank expressing desire Tor an income
| tax, not saying that we are going TO ig-
| more the decision of the supreme court,
| but that an income tax should be retain
ed and enforced so far as the decision of
the court would permit, and that we
would abide by the principle still
| If future court, exercising the
same right to reverse the de-
| cision recently given that the
| present court exercised in overthrowing
| the precedent of 100 years. We should go
| back to the doctrine we used to have and
declare that under the constitution 1t is
possible to make those who have large
| incomes pay their share OF expenses OF
| government. (Cheers)
I'm my judgment the income tax. is
just. 1t is not war upon property, but it
is demand that those who have prop
erty and who demand the protection of
that property by federal laws should be
| willing to support the government to
| which they look for that protection and
! not seek to use the instrumentalities of
| governmeDtHfor their own benefit and
then throw the burden of supporting that
| government on the backs of those not
able to bear it. (Applause) The three
| parties that have Joined in my nominal
| ton agree that while there are other is
| sues before the people aside from the
| money question, yet the money question,
| rising paramount to them all, must be
settled first. Other questions can wait;
| the money cannot.
| IF we have the universal gold stand
| ard it means that the annual supply of
| money given to all the people of the
| world must be drawn from our gold
| mines each year, and not all of that can
| go to the mints because the great bulk
| of ii is used in the arts. The gold used in
| the arts is increasing every year and we
| shall reach a time--in fact, some insist
| that time is already reached--when the
| total amount of gold produced every year
will be needed for the arts and leave no
| ANIMAL product 10 keep up with the de-
| mand for money.
| Our opponents talk as If we could get
| along with less and less money as the
| years go by. Some of them have such
| confidence in the substitutes for money
| that they believe the time will soon come
| when we will need no money at all. They
| remind me of man who thought fish
| could be made to live without water He
| took herring and put it in pail of salt
water and gradually took out the salt
water and put in fresh until the water
| was almost entirely fresh. But the
| change was made SO gradually the fish
| did not notice 1t and kept ON living, and
| when he succeeded that far he began to
| take out the fresh water each day and
did it so gradually that finally 1t was
all gone, yet the fish had not been able
| to detect the decrease. Then he took the
fish out of the jar and put it in a bird
cage and fed it like bird but one day
| when he was gone his attendant thought
| the fish was not doing well and he put a
saucer of water in the cage that the fish
| might mosten its food. When the man
came back, behold the fish had got it's
| head in the water and drowned because
| 1t was not used to it. Great applause
| My opponents think they can gradually
| substitute something else for money and
do it so gradually that after while peo-
| pie won't know what to do with money
l /
| work.
| Bank Reserves Barometer
| The law requires that national banks
| shall keep on deposit 25 per cent of the
funds left with them. That proportion
shall be kept in the banks all the time
| as security for those who have depos-
its there. IL a bank has 100000 depos-
| tied with 1t, it must keep $25, 900 there
| all the time. That money cannot be
kept there unless it is in existence first.
! Now, If population and business and
| prosperity increase, don't you suppose
| bank deposits will increase also? If bank
! deposits increase then the reserve must
| increase. What are you going to do IL
| your money does not keep pace with pop
| ulation, industry and prosperity? How
| are you going to have money to act as
| security for depositors? Yet our oppo-
] nents in charge of the financial system
| In the last two years have decreased the
| circulating medium more than $150000,-
! 600. Instead of giving us an increase
| we have a decrease of more than S1h0-