The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1896-07-30
more serious portions OF the speech,
viii CHI the audience appreciated fully.
MR.. CURTIS GUILD, JR.,


MR.. CURTIS GUILD, JR.,
of Boston. was nsxt introduced as one of
Massachusetts delegates to the st. Louis
convention, and staunch friend of Hon.
Thomas B. Reed. Mr.. Guild was re-
ceived with loud applause. He began by
addressing his audience as fellow Anne
ioaEs," for, as he said, that was the
proper form of address at an hour when
great crisis drove oil friends of law
and order together, when Dickinson of
Michigan and Lodge of Massachusetts,
when Villas of Wisconsin and Wellington
of Maryland, stood shoulder to shoulder
whom the Republican Lew Wallace of
Indiana and Democratic Dan Sickles of
New York again shook hands as in the
days of old, and when Grover Cleveland
and Benjamin Harrison answered to the
same oountersign. In this crisis all were
united, and followed again the flag of
Appomattox. cloud applause
1t has been the opportunity of the Re-
publican party to furnish the leader in
this contest. We of Massachusetts had
a choice, (applause), and we are proud of
that choice. What Thomas B. Reed was
yesterday, he is today. (Applause) And
it is a great honor to New England to
furnish the leader OF the great battle
which must be fought in the national
legislature.
But alt hough Massachusetts did not
have her Oh dice in the convention, the
leader was yet worthy, not only Oh ao-
count of stainless private life, but be-
cause he stands for the maintenance of
American honor-William Mckinley, Jr.
cloud applause.) A.
The two parties have met and the is
sues, have been drawn. The Democrats
have departed from their traditional
policy. Jefferson ordered the minis to
stop the coinage of deprecated silver dol.
lars; and the traditions of the party had
been in line with such policy until to-
day. Now new policy has come to the
front, "A policy for which the apostles
promise result as absurd as it would be
to expect to make COWS give more milk
by calling pints quarts.
Mr.. Guild next proceeded to analyze the
position of George Fred Williams, who
had confessed that he did not know what
the result of free coinage of silver would
be- 1t might be that there would be
a scaling down Of debts, Williams did not
know, but he was in favor Of it anyway.
Was that the kind of leader that was
wantedP
We have in the United States three
kinds of money, the gold dollar, the sill
yer dollar and the paper dollar. The gold
dollur will buy 100 cents worth of
goods because the gold dollar is good fol
that amount whether in the minted form
or melted. The. silver dollar will buy
100 cen is worth. of commodities, not be-
cause its bullion value is suoh, but be-
cause we have "a limited coinage and be-
cause the Unitea States will receive it rs
such for taxessand duties. and therefore
because its value is SO established by the
government. 1.-The paper dollar will buy
100 cents worth of goods because the gov
eminent will redeem the paper dollar
with gold dollar. or with an equivalent.
Therefore all our money is on gold
basis, equivalent to gold, and worth its
face value the world over.
What did the free coinage Of silver
mean? 1t meant that any foreigner who
had 90 cents worth of silver might bring
it to the minis of the United States,
have it coined into dollar, and with
such dollars pay of his obligations in
this country with money which abroad
would not pass for much over half its
face vnlue.
We are told that gold is scarce and
that it is constantly approaching, thus
making prices go down. When they say
this TO you, my friends. tell them that
it is false, and to back up your assertion,
show the figures drawn from the report
Of the director of the mint. This shows
that in 1878 the world produced 1850, 600
ounces of gold, and in 1885, $780, 600.
That is. in % years the worlds pro-
duotion of gold has more than doubled.
In that t.meSthe worlds population has
not doubled by any means.
There is another very plausible sophism
of the silver men. They tell US that the
gold standard is a bankers standard, and
is not popular one, since few gold dol
lars gre in circulation. But is anything
proved by the fact that the gold STAN
dard dollar is not often seen in oircula-
ton? Who ever saw a standard yard
stickP There is but one in the world, and
that is kept locked up in London, and
it is the standard only when heated to a
temperature of.6s degrees Fahrenheit. No
one ever sees that standard yard, save d
very few people, yet by it men and wom-
en- in all America and England buy and
sell cloth, and no one ever thinks of be-
ing wronged because he does not see the
standard yard.
They say also that silver is deprecated
because it has been Disseminated
against. This is not true. 1t is depre
Chatting because it is produced SO fast.
The report of the director of the mint
will show that in. 1878 the world produced
60, goo. 900 ounces of silver, and In 1895,
the production was 1865, coo, 600 ounces.