The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-09-11

tGul Wuictl mas pIoNtU 30 0lsh6LrlOu
until EhK Land and other civilized
powers wal consent to have II
changed. am not here TO defend
MIR. Cleveland; he Is not a president
OF nv choice, but | cannot overlook
such meanness when dome merel y
tn escape responsibility ~ the nee
essary consequences Of choir own
vicious Log islation. Indeed, nv
friends, the very fact tho this great
government Of seventy millions OF
people win wealth nAnsasurable,
should in three years ~ profound
peace be compelled to Increase its
bonded dstt two hundred lad sixty
two millions of dollars IL proof pos
itlvely, and beyond any doHbt what.
ever, that the system is not only
ruinous, but absolutely vicious
now desire frst to DISCUSS the
eifec: Of this gold monometalli ism
upon the country, and second Its ct
feots upon the people.
Legislation should always have
reference to the condition to which
the country is In. II we were cred
itor nation Ii would render US In 4
measure independents, but rs we are
debtor nation, owing at this time
about a billion and IA quarter dollars
the legislation would be so shaped
as not only to prevent adding to the
debt, but would provide an honora-
BILE and speedy plan for IFS Iayment.
To eliminate from our resources sill
YER as money OF Ultimate redempt-
ion Is 10 destroy one-half Of our re-
sources. Nay, 1t is more than this,
dropping cut the silver dollar as q
unit Of value Is shifting the burden
from two shoulders to one shoulder.
1t IL to cause one metal to do the
the work and perform the function
of two. This necessarily increases
the purchasing power Of the one
metal, gold. There IL, as our
friends say, moro silver dollars now
in existance than at any previous
period Of our country's history, aud
they ask what do you want with
more silver. The answer L.: We do
not want more silver Of THIS KIND,
but we want better silver dollars,
dollars that shall be recognized as
money-standard money. This cry
OF flooding the country with O-csnt
dollars seem to be the great scare
crow it IL on the lips of many who
never studied the srbject an hour or
q moment. What IL 1t that makes
q gold dollar worth 100 ceptss IT. Is
the law Of congress compelling the
Of the Treasury 10 enforce
the free and unlimited coinage Of all
the gold bullion that Is brought to
our mInts, and which likes twenty
two and two-tenths grains Of gold as
one dollar. For precisely the same
reason law Of congress compelling
the Secretary Of the Treasury tO en-
force the fee and unlimited coinage
,f all silver bullion brought 10 our
nints, and fixing three hu ndred and
'eventy-one and one-fourths grains
" silver as one dollar, would make
avery silver dollar coined worth 100
,ents as loag as the government IL
'olvents This is the way and the
,nly way dollars worth 100 cents are
made by the governments whether
" gold or silver. With the amount
" silver bullion and dollars now
,wned by the governments, IL she
Tot better able to enact and enforce
he free coinage Of silver, than OF
yold, Of which she has none, except
~ she purchases IL by selling bonds,
OF ultimate redemp-
lon, money that does NOT have to
70 redeemed; not commodity
'aving to depend upon gold to
lold IL up, as the present silver dol
or does? These gentlemen talk
much about o 80 cent dollar. That
} just what you have now, and Just
that you nor any other man ever
card Of under the double standard
. II existed In tho government prior
D 1873.
But we are told that the CONNER
ial value Of the gold and silver, In
Of our over-pxodu6tion
silver. has made 1t an bsn possibil- |
" to keep up thes parity between
he two metals at u fixed ratio. |
hey leave out OF the question the |
ACT that gold has also Increased IN
reduction. This 10 mere con lecture:
here 10 no basis In fact for such an
There In only 7 per cont
lore silver money In the world
,-day than gold at the ratio Of 10 to
tits absolutely certain that no
IAN can arrive ut the commercial
alue of these two metal under
resent conditions. Gold iS made
,oney and this very faetappreciates
q value while silver Is denied the
over Of monev,and this lessons and
ebases its value, how much I do
OF know, nor do the advocates of
pgle gold standard. The only way
on could arrive at this would be to
both metals; then their
Ifference rs a commodity In the
iarkets OF the world would furnish
perfect solution Of the problem.
AXE your legislative feet of she
eek of silver. put 1t on an equality
18th gold before the law, and IL
lere Is not u nearer approach to
arity then than now, I would be
illing TO give up the controversy.
Experience Is said to be the best
:hool in which to learn wisdom,
nd the 81 years OF our history show
! q relative approximate value Of
bout IS to 1-sixteen ounces Of sil-
or to one ouncepf gold
Again II Is urged by orr mono
letall st faiends, that we cannot r.
i'm to the ola paths blaxed out By
ar fathers for the reason that to do
, would be dishonor to the nation,
nd they flippantly ask, "Do .yeu
ant to pay your debts In 50-cent
ola fs?" We answer mo y Never
as such thought entertained bv
,e double standard men. We agree
18th Major Mckinley that the honor
.