Little Falls weekly transcript. (Little Falls, Morrison Co., Minn.) 1894-19??, 1896-07-31

inbred Cents
ansie extract from that speech. that that
was the kind Of q Republican he was.
ssas eoHa ss e.
speech. and would be glad to declare
that that is the kind Of q Republican !
an. Now. fellow citizens. am going to
want you to get It and read It. Mr.. Blaine
did say in that speech that we had no
riSht to demonetize silver, and that It
ought to be remonetised. He did say
AFFORD alone to attempt to remoneti1e It
sat the ratio Of Is to- He said. further.
that to do that would rob every laboring
IN rob the hcer H e sae sass
dollar in the country. He said that It
would rob every holder Of national bank
note In the country; and that It would fall
Was what he said. Go ana nd get that speech
ana read It: When silver was ct % cents
On the dollar, he proposed then that #
they remonetixed silver they should put
In order, as he said. to make It equal to q
gold dollar. Remember these silver mine
owners now are fighting for 412h grains
It0 the dollar, which = now worth only 81
court, and, in the argument OF q law case,
should produce decision Of the supreme
court Of the state Of Minnesota which was
and should read to the judge q single para
graph Of that decision because the words
,13 that paragraph seemed to be In my
favor, and should ieoye out al the balance
was directly against me? What would be
said Of me in q court Of law7 "a voice:
"Pettifogger." They would say had
ss5s%pt say sn
That man who would attempt to deceive
the tribunal before which he was trying
his case was not worthy to have the brief
that very thing has been done with that
speech (Here the electric light, which
had gone out, began to burn AGAIN. will
read part OF that speech; have It right
! viii! read it, and every part Of It that
part that was read before. .,j
Here Is what MT: Blaine said: II beiieye eye
constitution, indeed, the money OF the
American people anterior to the constitu-
ton, money which the organic law of the
N@ So
on congress to declare that either metal
should be the money. Congress has. there
fore, in my Judgment, no more power to
no more power to demonetize either than
to demonetdxe both. In this statement I
am but repeating the wedghty dictum OF
s Gst Of If s epinon ss H. wsb
ster, that gold and silver, at rates fixed by
congress-, constitute the legal standard of
value in this country, and that neither
Is Establish any other standard, or to dis
place this standard Few persons can be
found, I apprehend, who will maintain
that congress- possesses the power to de-
off0 H1nt6 nd oil mr.
gress would be justified In prohibiting the
coinage of both, and yet In logical and le-
gal construction It would be difficult to
w Tsrs Sa WY the ct so
greater over either than over both. II.
therefore, silver has been demonetized, I
am in favor Of remonetizing it. II it's coin.
ordering it to be resumed. II It has been
be enlarged" -. =
support the position then occupied BY a
gentleman who had left the Republican
marty because 1t had refused to declare for
The free and unlimited coinage OF silver
ing to use the magic name Of James q.
Blaine to influence you in making up your
minds, and he was producing the impres,
sion upon you that II MT. Blame now lived
These were the words that were read to
you when that gentleman held up his
hand and said: "That Is the kind OF a Re-
Now, let us see what else Mr.. Blaine
said In that same speech. Here 1t Is, and
will read 1t to you:
what power. then, mas congress over
power to coin them; the exclusive power
to regulate their value-very great, very
wise, very necessary powers. Tor the dis-
Greet exercise of which critical occasion
fer about causes and processes. all will ad-
nit that within q few. years g great dis
turbance has taken place In the relative
Is xS worth less or gold e Worth more in the
money markets Of the world In 1873 than IN
1879, when the further coinage Of silver
dollars was prohibited in this country: TO
conditions had not changed. is wilfully
and blindly to deceive ourselves. II our
decentralization were the only cause for
the decline in the value OF silver: then re- re7
effectual cure. But other causes. beyond
our control, have been far more poten.
TALLY operative than the simple fact that
congress prohibited its further coinage
..But our line of policy in joint move
ment with other nations to remonetize Is
simple and DIRECT The difficult problem
establish silver without the cooperation
Of European powers. and really as an ad-
vance movement to george those poWers
into the same pOllCy. AAo lIOy Oe@A. g
advance movements to l. They are tell
irlg you It Is an advance movement to CO.
cree the other powers into free coinage.
isn't that what they are telling every one
of you? ''Evidently the first dictate OF
prudence is to coin such dollar as Will
not only do justice among our citizens at
home, but will prove a protectton-an ap-
solute barricade-against the gold mono
metallists of Europe, who, whenever OPP
portunity Offers, will quickly draw from
Us the one hundred and sixty millions OF
gold coin which we now hold. IT we COLI
a silver dollar of full legal tender. Obvious
" below the current value OF the gold col,
lar, we are simply opening our doors ano
inviting Europe to take our gold. WIN
our gold flowing out from US we snail pe
forced to q single silver standard, and oui
reIafions with the leading commercial
Countries OF the world will be not only en-
barrassed but crippled.
ssrhe question before congress then
! sharply defined in the pending House Dill
ia whether it is now safe and expedient K
offer free coinage to the silver dollar o.
412h grains with the minis OF the hatil
Union closed and Germany not permlttine
silver to be coined as money. AZ curLen
rates Of silver the free coinage OF ooiia
| containing 1921 grains, worth IN goaat
about so cents, gives an illeg1timate prom
to the owner Of the bullion enabling MIN
to take 81 centsrworth OF It to the mint an
| get it stamped as coin and force his neigh
Dor to take It for full dollar. This Is 81
unfair advantage which the government
has no right to give to the owner OF silye