The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1896-09-26
DOS PASSOS
and NIBLDS
They Address a Big Meeting at
The Auditorium.
Much iNiHvslAlu MANIFESTED
Mr.. Dos Passos Handles the Silver
Question and Mr.. Bryan's
Policy With Great
Interest.

crowded Auditorium at the second rally of
the Business Mems Mckinley and Hobart
| Club Tho crowd was most enthusi-
| astic one.
General James II. Wilson called the as.
| semblage to order after which the glee
| club under the leadership Of H. p. Pickles
sang America tho audience joining in the
| chorus In the Generals Introductory re-
| marks he realized that tho party was in a
| difficult strait, but without laying down
| plan by which the danger could be elimi-
mated he introduced Mr.. Dos Passos.
| His views on the silver question were
| briefly these:
Mr.. Dos Passos then alluded to the for
| nation and death of the Greenback party
| 1t was but another form OF a free silver
movement. If this comes to matter Of
reason you ought not to be able to find
man In favor Of Bryan with microscope
He then read the public credit act passed
in 1869.
! The debt of the United States in 1870 was
funded All the contention OF Mr. Bryan
hinges on the use of the word coin used in
the bonds. Bryan says that 1t justfes this
government in paying the bonds in silver.
When these acts were passed there was no
creditor who would not have accepted sill
yer as soon al gold. They would have been
glad to accept silver for silver was then
scarce. No one hen had an idea that there
would ever be such difference in the price
of gold and silver. The government has
never used anything but gold in dealing
with its creditors 1t has demanded gold
for bonds. and has paid It's bonds in gold.
Mr. Bryan asks that this sac~cd war debt be
repudiated and paid in 5O-cent dollars.
bn p1o he Ff rriJ.
Why should the government interfere?
What would business amount to when
man who owes you ten dollars can pay you
with five.
Mr. Bryan found great fault with Mr..
Cleveland for his dealings with bond
syndicate. The Republican party is not
called upon to support Mr.. Cleveland, and
it was opposed as much as anyone else to
the issue of bonds. The President of the
United States was compelled to maintain
the parity between gold and silver, for il
he did not we would be on a silver basis.
1t was necessary to have gold in the Treas
ury to maintain the equilibrium. The facts
were that Mr.. Cleveland called the atten-
ton of Congress to the matter and asked
for relief. He gave notice to Congress that
he must issue bonds II the relief did not
come. For maintaining the parity Grover
Cleveland deserves the thanks of the peo-
pie. When relief was asked the Republican
House came to the assistance of the Presi-
dent. The five silver senators, however,
annexed amendments to the bills for relief
providing for the free coinage Of silver,
These men are now the supporters of Mr..
Bryan. Interest to the amount of $40, O,OO0.-
b,r Ia is ptr,.
the silver men refused to come to its as
sistance.
PROMISE OF SILVER.
Mr. Bryan and his friends say that II free
silver Is given the country there will be the
most extraordinary prosperity ever seen.
The ratio of 1G to Is asked for The pres
ent ration of value Is S2 TO l. He predicts
that aboring men are to be happy and trou-
bes will cease Silver Is to go to the value
Of gold. The farmer is to be made happy.
The streets Of the New Jerusalem, instead
of being gold will be silver
We're this true all would favor it, But
what is the practical truth? 1t is request
for the Government of the United States to
put its stamp upon coin and proclaim
lie it is to scatter abroad dollar which
is worth but 50 cents, but call it a dollar.
If man should work on a box that CoE-
tanned dollar sell it for a dollar, and the
purchaser should find but flfty-three cents,
it would be obtaining money under false
pretenses. This silver argument is an eb-
solute fraud and an absolute act of dishon-
esty
The act of 1878, called the dcmonetizatiOn
act, was passed when silver was at a pre-
ti-Ppynrp1 Sil
was demonetized by Germany and other
nations, and then the silver mine owners
again sought the government. The same
views were then put forth BY mine own
crs as are put forth by Bryan and his party
to-day. The act Of 1873 was passed when
a silver dollar was worth from 80 to "
cents. The Democratic party then con-
trolled the House. The result was that the
hopes expressed were not realized. Silver
continued to fall, and finally the silver men
got the law compelling the purchase by the
government of i5, 900, 900 ounces OF silver
month. Silver continued to fall. The law
was repealed after a panic and now the Sill
yer men come and ask for help for them
selves in some other form.
What is the matter with this country to-
day? Why is 1t that money lies idle? 1t
is because the people have no confidence.
Let US settle this silver question so de-
cisively that It can never be dug up. 1t is
the duty OF every man at this iuncture to
come out and preserve American industry
and honor Let scourges visit and tribua-
tions come, but let US never surrender the
honor OF the American people.
Col, Benjamin Nieids spoke briefly on
the issues and the meeting adjourned.