The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-18
RousING SPEECH AT RALEIGH.
The Republicans Trying to Array
the Glasses.


minutes was made by Mr. Bryan's special
train at Burlington, where Mr.. Bryan
addressed 1000 people. including a large
number of cotton operatives.
At Hillsboro several hundred people
gathered about the train and heard a few
words from the candidate. A young man
riding a mettlesome horse was conspicn-
Gus in the crowd by the golden decora-
tons of his animal and his person. The
word Mckinley was stamped on his
horses collar, and he let people know he
was for the republican candidate by
shouting for him vigorously. Some Of
those on the Bryan special made a raid
and captured the horses golden collar
AS the train drew out the young man
was seen franticaly shaking his fist after
it. He said his name was N W Brown,
a bookseller.
The train was in charge of Col. Julian
Carr, the wealthy tobacco manufacturer
of Durham, who had stocked it with cat
ables and other things for the benefit of
the candidate and the members of the
state escort, and the train was slowed
down just after leaving Hillsboro TO le.
Mr.. Bryan see Occoneechee farm, Col
Cars country place.
The train arrived at Durham at 5:15
o'clock At the stand where the speaking
took place, situated near the station, sew
eral thousand people cheered Mr.. Bryan
to the echo when he appeared. He made
a short speech, which was frequently APP
plauded, and left Durham for Raleigh at
6:10 o'clock
In Durham Mr. Bryan spoke as follows:
"Mr. Chairman, Ladies and Gentlemen
The time given for a speech at this place
is very limited and can occupy 1t in dis
cussing three questions raised by our OPP
ponents against the free coinage of sill
YER In the first place, they tell us that
the value of the silver bullion has fallen
because of over-producton. They point
to the fact that the annual production of
silver has increased more rapidly during
the last twenty years than the annual
production of gold and this, they say, ex-
plains the fall in the value of silver bull
ion measured by gold. Let me answer
that argument by calling your attention
to the fact that during the last five years
of the twenty years before mentioned the
worlds annual production of gold has in
creased more rapidly than the worlds an
nual production of silver. During the last
five years the value of silver has fallen
more, when measured by gold, than during
any five years in the history of the world
It you want to explain the fall in the gold
price of silver by taking twenty years,
how can you explain the still greater fall
in the last five years. during which the
gold has increased in produc
ton more rapidly than sill
yer. This one fact demonstrates
that you must look elsewhere for the
cause of this apparent fall in the value
of silver. Where do you find it? You find
it in legislation and not in production.
Price depends upon supply and demand,
and If you decrease the demand the ef-
feet is the same as IL you decreased the
price. Legislation has decreased the de-
mand. India suspended the free coinage
of silver. The United States stopped the
purchase of 100000 ounces of silver a
year and our administration has been
hostile to silver and has thrown discredit
upon it as a standard money. All these
influences have combined to destroy the
demands for silver and of hostile leg.sla-
ton and not natural laws we must COM
plain. We could not cure natural laws
We can cure vicious legislation, and we
believe that the opening of our mints to
the free coinage of silver will restore a
demand sufficient to take all the silver
that comes and thus raise the value of
silver bullion to sl.29 an ounce. There is
one point to which l wish to call your
attention. You are told that the decrease
in the cost of production has affected
the price of silver. l call your attention
to the fact that there has been a de-
crease in the cost of producing gold and
yet gold has risen in value. They tell
us that improved machinery has come
in to lessen the value of silver. Improved
machinery has been applied to the pro-
duction of gold, and 1t mas not affected
the purchasing power of an ounce of gold.
The price of gold and silver does not de-
pend upon the cost of production. The
price depends on supply and demand and
no matter how much the cost of produce
ton falls If the supply does not increase
as rapidly as the demand for IT, the price
of it will rise.
Another point: They tell you that you
cannot legislate two metals together be-
cause of their varying productions, but
they forget that when the government
stands ready to take all the gold for a
certain price and all the silver at GER
tain price and convert those metals into
money at that price and ratio It becomes
immaterial whether you produce one
ounce of one or ten Of the other, or re-
verse the proportions. There cannot be
change effected in the ratio unless the
government fails in it's ability to consume
or rather to take and utilize all OF both
presented"
North Cardinals capital city had Will
liam J. Bryan for its guest for two hours
tonight. Mr.. Bryan arrived at Z o'clock
with Gov. Carr and others, and was met
at the Southern railway station by a re-
ception committee, hambeau club and a
brass band He was escorted to Nash
square, a beautiful open park near the
station, where 5000 people had gathered
in defiance of the heat to hear him. The
speaking stand was aglow with electric
light, the name Bryan" being displayed
in big electric letters over the place where
the democratic candidate stood
At each corner of the square big bon
fires burned and they threw the big
crowd into picturesque relief. Cheer af-
ter cheer went up as the candidate ascend
ed the stand. Clement Manly, the chair
man Of the democratic state committee,
and Hal T. Aver, the chairman Of the
populist state committee, presided jointly
over the meeting.
Mr.. Bryan said: Il am informed that
the republican national committee has
sent out circulars to various religious pa
pers and organizations calling attention
to a danger which they say threatens
these religious organizations II we have
the free coinage Of silver. / want you TO
remember that the republican party and
the republican speakers and the republic
can candidates, most of all these, have
denounced the democrats for trying TO ar
ray class against class / want to say to
you that the republican party Is doing
more In this country to-day to array
class against class than any party
that over existed I'm the Ifnfted Sfatoe