The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-10-12

II at parry II would help many OF
our people VINO may mine silver and tneir
gold would help all tho people by furnish
ing them an Increased volume OF good
money, But viii Il deprecate2 ! do not
that would depend upon the amount, OF
SILVER thlt may be offercd for coinage and
coined. II we should not intrcas, our
coinage capacity 1t never would depreaiate
50 long as tlc government wou.d .ane .
fer public debts. To my mind. and | h3.
Have to all others, 1t Is yet an unsoiNed
problem az 10 how much silver this &C a.
try could use as money without tresoass.
INK Gpon the natural rights Of gold.
feel slre that We could use as much as
1t would take 20 pay taXe. 70 the govern.
ccu'd he used by the penp.c "a catry.ng
on our trade and commerce. Just how
much this would he do no, know. ou,
some suggest however. that thc free coin
age OF silver would flood the country with
n.lvcr money. Fear MT. my friends. thts
alleged danger We produce Ia this Soun-
try annually about s5i0oJ,on0 money value
IN SILVER. and IN the whole world about
s2il,CN.0on 1t takes aoout one tn.rl OF int
fer tho arts and sciences, OF r1e hone
product THIS wcu.d laave for coinage about
si2 CO.., zoo, or just so cents ner cap n, aud
OF the silver OF the world $4,000 oN, or s.
per capita. Tha, amount would nos drown
anybody, would it? There is IN the world
IN silver money only about So,p,o)o.cH
Suppose we had Vt all (, would anolnt 10
about $40 per capita. II n was good money
that would not distress us, wcild i?
Forty-two dollars in silver, s. IN gold. So
m all But does anyone believe that we
could. by any system OF legislation. Ett
possession OF ali the silver iu the world
We could not. other nations need ana WI,
keea st. fear moro the coworiice OF
capital In makng She change to free coin
age than do the real enoc' %; the svs-
tenn Caratai Ss timiA and very watchfnL
aud always becomes alarmed at tn an
penrance Of danger. Any radical change
viii driXe Il away ara ,NnS ea"se a
as tho result OF free coinage. 8ut some
one suggests that free coinage OF silver
is contrary 70 democratic rrlnciples. |
tcM You that It involves NO principles
prin'iiplcs never change II Is matter
OF detail one of cNped oncv, and we know
that under democratic rnlo for many
years the policy Of this country was 70
coin both gold and silver NJ a ratio not
exceeding IL to I. For cighty-one years
this was the policy OF our eovernineilt
by n democratic conSress nut ny ~
republican party. THIS Was done i'll lsiI
and we had been coming htl in free nni
unlimited quantities from l7Q2 up TO 1913.
Since silvers demonstration n majority
Of tne democratic congressman have been
striving to restore II 10 lis former POSI-
tion with this record before us how
anybody can say thai # Is q system which
violates democratic principles, ] can not
understand.
| Next 7 will discuss the financial sys-
| tenn proposed by the populist party. They
| start on. with the proposition That the
| democrats and republicans are corrupt.
| dishonest and foolish and can not be
trusted by the people. In making TINS
declaration. they seem to have forgotten
| who are the people and TO be unmndful
| of the fact that nearly all the people are
| In the democratic and republican parties
| and that by dcnouucnG these parties
| they denounce tho people They propose
to extend the powers Of this government
| and to confer greater powers upon con-
| gress, especially in regard to moncN
| making. or course, ihey would NOT con
| fer such exalted power upon Democrat
| or republicans. for az they contend these
people ARE too corrupt and silly 10 eyer
| Cire such mower II f. upon popuhst
that they propose to grant this wonuer'u
| power, the chosen. the annninted. the Sc
| iect But from whence came inns trip'
| of honest patriots with wisdom superior
to Solomons? No born populist can bt
| over 4 years old and that is too younE
for active service II IS Il fact that most
of the devotees OF ,populi m come ROW
Most of heir lc ders are Il h exc Il crs
of eN-office seekers in the ranks of thrSt
old uarties. Now. what Is 1t that ha'
purified this horde Of hungry .spoilsmcn
since th,y left the old parties? Now
can We afford to confer upon them cN
iraordinary power? 81 TACT tina
they come from me Oh paruts or ar
Gains Wife and direct from her country
Having discovered these pure descendant
OF Gains wife or of finalam's nncien
20 into the creating business to MAKE
somethins out 9f nothing. . feat whiGi
by God Him ELF. and lie Kept It up 70
only six days. Each OF them ought e
take a basket OF no hing and go into hi
back ward and stay there until he make
something out of nothing. Neither mai
nor men can create wealth. from nothing
legislation may change tho ownership o
man over another. hu- If /, docs 1t I
wrong. II may increase the value o
some kinds Of property by incrcasins IN
property by decreasing the demand there
| for but IT can not make property. Tn
popusty demand fiat money to The ex
not less than $50 per capiia ASSUMING
that there Is now so per capita IN circulf
ton then they, want 10 issue about 5000
ON 900 in irredcenahle paper money, o
SIS per capits This money would hc ir
redeematle. not an obligation Of the COY
crnmcnt The government of tho pops !
be money whether 1t Is or not. II woul
be payable by nobody. in nothing AMI
10 time. IT, government might collec
it, Dues. say Jol,oD0 900 in this kind O
| money and thus let one-fourth Of II pas
once a year. hu- nobody wouli sell tn
government anything. OF value for u an.
|
/ 10 10 paid with l.. Under such lfeisle
| ton to run the government, bonds woul
have 10 be sold 10 get money, TO hear IA
oNpcnSes of government Al least $4,000,
90 nor annum, unless expenditures ar
greatly reduced. They would give IN
| rowor 10 cor gress 10 Ike n piece Of pape
Two inches vide and three inches loni
worth within Itself nothing. not larg
enough for any use on earth oxcent 70
their use. and with n Stamping machin
in a moment OF time they would CONVEX
n into 81 Si0N 5000 or 1000, 600 0l0. ius
a; occasion demands. II they desire =
| INV a rocket knife. they would make /
81. II a railroad sl,ojo; 100000, They woul
/ make II worth moro than all the land nnf
personal proper in this country "a on
minutes lime is there anybody oa .cari.
I'm, believes these long-cared. sleepy
eyed brown-baeked and wh,ite-breasi,e,,
] itadrrs 90 foolishneSs could do any sucl
thtnep They would limit II t. $50 ne
nari'a would they? WAC saws the
void ana whst for? II 1t would he GOO
money. why llmii It Ct all; il bad mqass
wbv htvo any of II with which to swindl
and defraud he people. II their FRS
law authorizes the issuance Of 90 pc
1,TrN. what would prevent the sam.
cengressmeH from moving III HI
and nxir:, II al 500 or 800 or amy othc
si'rl ',o~ c1nita? | would bankrupt an