The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-08-23
IN A MEASURE THE ADDRESS WAS
AN ANSWER TO BOURKE
COCHRAN.
SHOWER CUT MIR. STEWART SHORT
An unkind Rain Descended on His
Attempted Explanation of
"The Crime of 49,"

discussed the financial issue from the
bimetallic point of view. He was sec
onded by Senator Stewart, of Nevada.
who started to explain what he termed
the crime Of '73,'' but was cut short
by relentless shower which had been
threatening throughout the afternoon
An Introductory speech of an hour was
made by John ]. LEM, of Ohio, a sill
yer candidate for congress. Mr.. Bry-
| an was welcomed at the edge of the
! village by the reception committee and
a brass band, which, followed by the
Bryan and Sewall club, escorted his
carriage to the square, to the music
of Hail to the Chief" The boom Of
a field piece announced his arrival Mr..
and Mrs. Bryan were heartily cheered
as they stepped to the platform The
chairman of the committee, Hon.
Frank S. Ormsbee, introduced the can
| didate. Mr.. Bryan said:
| When our party at Chicago wrote the plat
form which it did, we knew that it would
offend some people. No party take a
plain strong, emphatic position upon any
question without offending somebody. We
declared in that platform what we believed
was right we described the policies which
we believed were best for the American peo-
pie. and we knew that 1t would ALLEVIATE some
Let me read one of the planks of that plat
form:
I'VE are opposed to the issuing Of interest
bearing money bonds of the United States in
time of peace and condemn the traficking
with banking syndicates, which, in exchange
Ior ponds at an enormous profit to themselves,
supply the federal treasury with gold to main
tain the policy of gold recommendation
That is one Of the planks Voice in the
crowd, 1t is good one'O that was not put
there to attract the love of those who have
grown rich out of the governments extrem
tiles. We did not expect those who have a
passage way from the federal treasury to their
of1ces to join with us in closing up the pas
sage We did not expect those who are max
ing profit out of the gold standard and out
OF the embarrassment it brings to the treas
ury; we do not expect them to Join with us
~ IN puItlng an end to the gold standard. Why
would we have expected it in the face of ali
the history of the past? Do you remember
the GOOD Book states that some 800 years ago
man named Demetrius complained of the
preaching OF the Gospel. why" he said.
1t destroys the business in which we are
engaged. We are making images for the wor-
snip OF Diana. and these people say that
lney De not gods that are made with hands %
Pun but Demetrlus was much like men who have
lived since his day. When he made nm his
mind that the preaching of the gospel inter
a and WIN ms business he. did not go out
injured and we are mad" What did he
say? He said: Great is Diana of the
Ephesians." INC
We have some today who are very much
IKE Demetrius. They know that the restora-
ton Of bimetallism will DESTROY the business
IN IN which they have been engaged. But when
tney make public speeches they do not saw
that the Democratic party is wrong because
1t 1nterferes with their business What do
they say? They say: Great is sound money
great is an honest dollar" (Applause.1
| say this platform was not written to at
tract thelr votes It was written because
we want to destroy the business in which
| who have made profit out of the govern
ment's financial policy array themselves
! against the Democratic party, may we not
| expect those who believe that we are
| right to come to our rescue and fiji IN tbe
| ranks that are being
DEPLETED BY DISCRETION.
| If we must part company with those who
Delleve IN government Of syndicates, by
synd1cates and for syndicates may we not
| appeal with confidence to those who believe
| that a government of the people, by the peo-
| pie and for the people should not perish from
the earth. If these men who pride them
selves upon their prominence in the business
world and who glory in the title of business
men are going to make business out of
| politics. going to use their ballots to
| increase their income. l beg you to con-
| slider whether the great toiiing masses of
| this nation have not right to make bust
| ness out of politics once and protect their
| homes and their families from disaster. ZAP
! Dlause.)
The founders of our government never con-
| ceded that the time would come when there
would be only few people in this country
| who were competent to settle great public
questions. If they had, they would have
written in the constitution that on most ques-
lions most everybody could vote. but in the
money question only the financiers could vote.
Our opponents of the gold standard Democ-
racy all linked as to the policy wrich
object, they all want to elect a Republican
candidate, because they believe that Democ-
racy is better exempli1ed through Republi-
cans. Some of our opponents say the gold
standard is good thing, while others say,
| what we want is bimetallism, but we can
not have it until somebody helps u.s." Gaugh-
| teri If the gold standard is a good thing
| why should they want bimetallism. And yet
| If they ever have two men making speeches
! the same night, the chances are 16 to l that
| one of them will praise the gold standard
| as good thing, while the other will tell
| YOU how anxious they to get rid of it.
! One man says the reason why he does not
want free coinage is that he does not think
| that the government should pass a law that
| will enable the silver miners to take fifty
cents worth of silver bullion and convert it
into 100 cents. OF course he may have been
in favor of system of taxation that would
give 200 or 300 per cent profit, but that does
not count; it is terrible thing to allow
the silver miner to make that pro1t. Then
the next man who comes up will say that as
matter of fact the stamp of the government
| adds nothing to the value Of the metal, and
that the free coinage OF silver simply means
that YOU convert fifty cents worth of bullion
| into fifty-cent dollar, and nobody makes
any profit out OF 1t.
Now, you can see the aDsuroity Oh IL.
| the silver miner under the law of free coin
| age finds that his silver bullion is raised
| so that that which is now worth % cents
! will be worth a hundred cents then there
| are no 50-cent dollars. and II the other man
| is correct and the law adds nothing to the
| value of the metal and you simply convert
so cents worth Of silver into 5O-cent dollar
| then the mine owner has not mace cent
| Well then, you hear another speaker say
/ there has been no fall in the prices and he
| will denounce the people who are complaining
| and fhnr7h 10 nQl-
league will tell you that not only have prices
fallen but it is the greatest blessing in the
world to have prices fall
Our opponents DO not dare to say anat tne
1 party IN the history Of this country has
| ever declared in favor of a gold standard. and
they do not dare to say that the golo H. stand da
ard is a bad thing and then tell 100000 OF
| liberty-loving people that they have got to
suffer until some foreign nation brings them
| relief. (Cries That is right
| What is the principle that underlies 1t all :!
| 1t is that tho law of supply and demand
1 applies to money as to everything else In
crease the amount Of money more rapidly
than the demand for money increases ana
| YOU lower the value Of dollar Decrease
the quantity of money while the demand
for 1t increases and you increase the value
/ of dollar. When you understand that prin-
| ciple then you understand why the great
| crusade in favor of the gold standard finds
1 its home among the holders of fixed invest
ments, who, by such legislation raise the
i value Of the property which they hold. When
| you understand the effect Of the policy and
| then understand that the desire for 1t is
| manifested mostly among those who hold
fixed Investments and-trade In money.
/ think you will come to the conclusion that
I have come to, that the fact that the gold
standard is a good thing for them is the
principal reason why they are in favor of
/ gold standard.
minds that the gold standard is a bad thing.
/ then the only question that you have to