The times. (Owosso, Mich.) 1882-1897, 1896-10-09

time they talk OF the democracy of Jefferson
and Hamilton and others. The fact that
these great men-the founders of this great
government-when making the ratio found
the exact commercial value of silver and
coined 1t at that ratio shows the deceit of
these later day people, who would coin silver
at double its ratio value as shown by the
markets of the world. The greenbackers
wanted to issue paper money and make the
same piece Of paper worth dollar, 100 or
1,0O0,O 900 dollars, simply by adding the
ciphers. The absolute absurdity of such a
thing was shown, and overwhelmingly the
people putsit down. The silverites want to
make so cents worth Of silver worth dol
lar; why not make 40 or 30 or 10 cents
worth dollar? 1t was an attack upon
everybody and all property. 1t is not a
crime to accumulate wealth, and NO
honest citizen would listen to such doc
trine and would not have it taught his chill
dren that TO be industrious was criminal 1t
was the Dulwark of the nation-the trying
to better the condition of the people, and to
take away the hope that by saving and in
dustry all might rise, was the attempt of
the Bryanites as expressed by tie platform
Every insurance policy carried by men who
would make happy those he leaves behind
him, would be cut in two in value.
Bryan says in New York that he will
make silver worth $l.29 an ounce. How
then would money be cheaper and who is
to be the gamer. No one but the mine
owner. The judgment of the people is
guided by experience. Way back at the
time of the French revolution, Robspirre
had attempted the same legislation now
proposed and reign of terror such as the
world had never seen ensued. The silver
people say there is an excuse at this time
that the gold dollar has appreciated, yet the
u. S. gold bonds brought per cent prem
ium; interest has been getting lower since
1878 and is now less than ever known; $S. AZ
in gold per capita is in circulation, while but
$1.92 in silver is circulating out of the amount
coined, silver leading in coinage by millions
of dollars. Over $4,S00,000 in gold has
been put in circulation In the last thirty
days. In Mexico, silver standard coun-
try, there is but $4.95 per capita in circula-
ton. Now If our gold dollar is 200 cent
dollar their silver dollar must be 400 cent
dollar. Mexico recently made a loan of
$1O0, ,000,0 900 and she must pay 6 per cent
interest in gold, which means that she
would have have to pay $l2, 900, 900 of her
silver as interest, making IL per cent inter-
est, while we loan money at four per cent.
History shows conclusively that cheap
money drives out good money. The United
States has IS. AZ per capita in gold in circu-
lation and but $1.92 in silver; drive out the
gold and you will haye to multiply the
amount of silver many times to make up
what is lost and then our dollars would not
be accepted as such, but it would take. two
for one or more, and the increase in the
amount of silver would benefit no ohe but
the mine owner, and the United states
would descend to the level of China, with
its $50, 600, 900 of uncivilized inhabitants,
and Russia and Mexico; while Japan, just
emerging from the darkness of its uncivil-
lied condition, is going on gold basis.
There is no silver nation on earth where
both metals circulate on an equality, while
in every gold nation they do circulate. the
silver backed by the gold.
Mr.. Humphrey showed why the banker
did not want cheap dollar, and yet how In
every way as far as business could be car
ried on he would be gamer by free silver.
He stated that Senator Stewards income
from mines was $1,000 a week, making a
few telling points on his position and that
of others on the money question. The
Bryanites had claimed that the price of
wheat moved, as did that of silver, yet
while silver had gone down 10 cents in
the year, the price of wheat had gone up to
II cents. He closed with plea for patriot
ism and national honor in upholding the
supreme court from any attempt to make it
as Bryan desired, the tool of any political
party in power; and propose to destroy the
writ of Injunction, the power by which the
humber citizen could stop the most mighty
corporation from infringing on his rights.
Bryan's platform condemned the use of the
power of the U. s. government to put down
riots, or in other words, he would re-enact
the doctrine Of states rights, which the
speaker supposed had been forever laid low
when the flag of the union was fired on and
its authority disregarded by southern slave
holders. He supposed it had been shot to
death 80 years ago when democrats and re-
publicans had marched together, regardless
of political affiliations, and when the nation
was preserved had again peaceably taken up
their reins Of legislation. The same kind
of crises had again called the patriotic demo-
Gratis to fight with the republicans. The
meeting closed with three cheers for Nc
Kinley and three cheers for the. speaker.