The people's journal. (Pickens, S.C.) 1891-1903, 1896-09-10


that each dollar will buy twice as much
1t means that it will take twice u.
much of the products Of the farm tt
buy the dollar and pay his debts rs il
did before. What is the result? Wh,
the result is that while it requires
twice as much OF the products OF the
farm to pay the interest and twice as
much to, pay the taxes and twice as
much to pay tho debt, the man finds
out that he is NOT able to pay that debt
us he agreed to do. What then? You
say, extend the mortgage. Why they
Tell him that the land has gone down
IN value and that the farm is not worth
enough to be good security for tho
thousand dollars. Then what? There
Is one thing. He can turn the farm
over to the man who holds the mort
gage. That he can always do. What
Is the result? He and his wife have
lost 81 900 they invested in the farm.
have lost the labor they have put forth
In trying to pay the mortgage and then
they lose the farm ana start out in life
again. How about the other man who
sold him the farm and got the thou
sand dollars down? II he loaned that
Thousand dollars he got security for
MS thousand dollars and he has the
thousand dollars within his reach and
''I ask if there is any difference be-
tween the holder of the capital and
the owner Of the property in the ap-
probation Of the dollar. The man
with the money is twice as we'll off as
he was before and the man who tried
to own property loses all he has and
has to begin again. You find the men
who hold the notes meet in convention
and declaring that the gold standard
is the best system of money that was
ever invented. But will those people
who have lost their home-will they
meet together and endorse the system
that is destroying them? My friends,
this is practical question that con
fronts the farmers OF the United States
and not OF the United Statos alone, but
the farmers Of Ireland, the farmers Of
England and the farmers of Germany
and tho farmers OF every nation in the
world that has the gold standard to.
day: assert that the gold standard
coulo not live for one day in any nation
under the sun without the aid Of the
money owners and the money changers
to keep it in existence. | assert that
the gold standard has never received
the endorsement Of any class of people
except those who prosper as society is
destroyed by q rising dollar
Now, l. want to say to you that my
denunciation OF the gold standard is
sustained by events which YOU can see.
Let me give you proof. If a man
tells you the gold standard is good
thing, you ask him why it is that no
party IN the history Of tho United
States has ever declared for a gold
standard in its platform. Is not it
strange II the gold standard is a good
thing that no party has ever seen fit
to say SO in a platform
And that is true. 1t is true that
no national party has ever endorsed Il
gold standard and yet there are peo-
pie who favor it. Why don't they have
the courage to write platform and
risk an issue before the people? But
no, they do not do that. They go to
st. Louis and adopt a platform which
says that the Republican party pledges
itself to secur e bi-mctallism, which, of
course, is denunciation of the gold
standard. (Applause.) If the gold
standard is good why should we try to
get rid of it? (Applausc.) If the gold
standard IS good, why did not the Re
publican party pledge itself to help
keep gold standard? ? But, no, it
pledged itself to get rid of the god
standard just as soon AS. other nations
will help. (Applause.) That is not
language Of the Republican platform
and that is the construction placed
upon it by the candidate who runs
upon it in his letter Of acceptance.
lie says in his letter that the Amer
lean people cannot enter upon b-met-
allsm without the concurrent action of
other nations. Does he say that we
shall maintain gold standard for one
year? No. For four years: No.
But that we must maintain it forever
II other nations say we must. ZAP
plause.) 1T ls not question of politics
my lrlencs. Whole parties are divided
on this Issue. 1t rises above the ques-
tion of politics. They have declared
against tho rig ITS OF the people of the
United States to govern themselves.
They havo declared that, while we
want to get rid of the gold standard,
we must keep the thing which we do
not W ant until aliens bring us the relicf
which we should have for ourselves.
|(Applause.) know not what view
you may take of it, my friends, but in
my humble Judgment the American
people ore the only people who have
any right to say what tho American
people shall have for legislation. (Ap-
plause.)
CHE RIGHT OF LF.GOVERNMEN IN
NOLNED IN THE COMING ISSUE.
"My friends, it Is not more taxes that
the people want but more money to pay
taxes with. Great applausc) If thcrc
is any farmer hero who has not taxes
enough, beg him to go to his county
treasurer and get enough moro to sat
isfy his conscience and not try to tax
all the rest Of the public. Applause. J
But care not how men may ditfor upon
tho subject of taxation. Tho subject
Of taxation is evor present with us. We
can change our tariff system any timo;
but wc have reached our crisis in our
monetary affairs and we have got to
decide whether tho American people
will run our finances or turn our gov
crnmcnt over to syndicatcs to take care
Of Us. Upon the action Of the United
States may depend the action of other
nations. If the influences which are at
work here succeed, then they would be
turned against other nations that now
use silver, and if thoy succeed in the
United States they will succeed in 9th
or nations, and evcry nation that goes
to the gold standard increases the de-
mand for gold, and every increase in
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