Middlebury register. (Middlebury, Vt.) 1886-1937, 1896-10-02
TIE REDEMPTION OF SILVER
DOLLARS IN GOLD.
Mr.. Bryan said in the course of a re-

NOW. INV Iflenuss l want w Chll 9pui
attention to one other subject. Our OPP
poncnts are doing as much for us in this
campaign as we are able to do for our
selves. daughter and applause.) And,
of all the public documents recently
issued, the most important one is the
letter Just given to the public, written by
the secretary of the treasury, from which
| desire to quote one sentence: ut Is
the duty of the secretary OF the treasury
and of all other public officials to exc
cute in good faith the policy declared by
congress"
And mark these words :"And whenever
he shall be satisfied that the silver dollar
cannot be kept equal In purchasing
power with the gold dollar except by re-
cevlng it in exchange for the gold dol
lar, when such exchange is demanded,
it will be his duty to adopt that course
want to mark those words because
in those words the secretary of the
treasury tells you that whenever the
secretary is satisfied that it is necessary
he will at once redeem silver dollars in
gold. (Applause) call your atten-
ton to that. my friends, because | want
to emphasize the deception that has been
practiced by this administration on the
money question.
When this administration advised the
repeal of the Sherman law you were
told that the repeal of that act would
remedy the difficulty. Yet as soon as
the Sherman law was repealed the same
authority which promised relief as soon
as it was repealed came TO congress
with the demand that greenbacks and
treasury notes must be retired by an
issue of gold bonds i'm order to stop the
drain upon the treasury's gold. But
now the secretary of the treasury in
forms YOU that even if the grecnbacks
and treasury notes were all retired so
that there would not be a dollar of paper
money TO be presented for gold, yet 1t
would be his duty whenever, In his
Opiuiuu it became necessary TO redeem
silver dollars in gold and start another
endless chain and drain upon The treas
urv. According to the doctrine laid
down i'm Mr.. Carlisle's letter YOU cannot
stop the drain of gold from the treasury
until you retire all the silver dollars and
silver certificates and leave nothing but
gold as the money Of the country.
am glad that this declaration has
been made | am glad that our oppo-
nentS are. step by step, revealing to the
public eye this hcartless. merciless,
criminal policy. (Applause.) am
glad that they have told the public that
we must have gold alone and then con-
fcSsed to the public that we are in the
hands of two hanl,ing syndicates and
must pay them for that gold whatever
they want. (Applause.J
Talk about monopolies, Talk about
trusts. My friends, they propose to
establish the most gigantic OF all trusts
"a money trust, and let the few men
who hold the gold dole it out at such
price as they will to all the other seventy
millions of free-born American people
(Applause.) ! deuounce the policy a
more cruel and heartless than political
domination of a foreign power. CAP
plause.) ! would rather, as some one
has said put our army in the hands of .
foreign general, or our navy in command
of a foreign admiral. than to put the
treasury department in the hands of {
secretary who would barter it away to .
syndicate. Great applause.) ! woulc
resist such a financial policy with as
much earnestness as | would resist the
progress of an invading army coming t
attack our homes. (Applause')
My friends, once when Lincoln was ;
candidate. some one said TO him tina
they hoped the Lord was on his Side
and he replied that he was more anxious
to be on the Lords side. Uaughte
and applause | am glad that in thi
campaign we have so many evidences o
an everything Providence and in 10 in
/, stance that know of has the overrulin!
Providence manifested itself so clearl,
as il did in this case, when it opened tn
mouth of the secretary and disclosed tn
purpose of the administration. CAP
plause.)
Let me ask YOU a question: Did tn
= administration, when il recommends
!. the repeal of the Sherman law, believ
that that would cure our troubles
r then. NV friends. it has been so badl
mistaken that YOU have a right to di-
n trust the knowledge of the administra
T. ton. (Applause.)
i If the administration knew that tn
il repeal of the sherman law would nc
d bring relief and concealed that know
,,i ledge from the American people, the
il YOU have a right to distrust the honest
of an administration that would ask on
, thing of people and want another.
e Did the administration know when
u recommended the retirement of til
E. greenbacks and treasury notes as
g. means of stopping the drain upon til
l. gold in the treasury, that after the
II were ali retired it would propose ii
policy which the secretary of the trea
ury has outlined? If it did and did NJ
tell the people, it was dishonest in NJ
- taking the people into its confldenC
(appause) and if II did NOT know tina
J, then let ii confess its ignorance of MOI
etary laws and of the finances of tn
country. (Applause.)
Does the administration know no
that when it commences to redeem silvt
dollars in gold it will start another EN-
less chain that will drain the treasuI
indefinitely and increase the bondt
"a debt without limit unless they retire a
II, the silver dollars and substitute bonds
their place. If they do not know, n
=. friends, they must confess themselv
ignorant of the finances of this cOuntl
(applause), and if they know and w
MOI tall the nqOplp then we have