The Irish standard., 1896-08-08
THURSl0N Then and NOV !.
His Il Honest 's ,:. Thought Compared g
= His Dishonest
< w - 49, 7Asa
Thought.
ONCE IN FAVOR or FREE ooIE &c !

A dlaring Contrast That Needs
'. Some Explains
| av,ad .lsino"s
| Last evening Senator Thur.sstton spoke
in the Exposition Building. and in the
afternoon the Penny Press published the
following concerning his former views
| on. silver. "
The Hon John M. Thurston, chairman
! Of the Mckinley Hobart national conven-
tion, and recently attorney of the Union
Pacific railway will tell the people OF
Minnesota tonight why they should en-
brace the British gold standard. lnasrnucn
as many readers OF the Penny Press Will
| not be able to hear the attorney OF the
| gold standard cause tonight, the Fenny
Press takes this opportunity to give rev
Of the 9stereotyped arguments which ne IS
delivering from city to city over the coun-
try, and also to present the complete refu-
speeches of 1898, 1894 and 1895.
| United States Senator Thurston will tell
the people, Of this city tonight how
! there is money enough under the
present gold standard" and how gold
alone is sufficient for the monetary de-
| mands of the country. He will tell yol
that the free coinage Of silver will benefit
no one; that the debtors are not suffering
and that the prices Of labor and labor pro-
ducts have not been cheapened by the ap-
precia ton and increased purchase power
| Of the single gold standard. This is Sena-
| tor Thurston, seated in political power and
/ employed as retainer Of the bondholders
| Now we will listen to plain Mr.. Thurs
| ton, candidate for the senate and sup
| plant before the people. In his letter to
Jay Burrows, under date of July. 1898. Mr.:
1 Thurston said: :
am a profound believer in the use Of
| both gold and silver as money. I ADVO-
GATED THE RESTORATION OF
FREE COINAGE BEFORE ANY OF
| THOSE WHO ARE NOW THE SELF
SELECTED CHAMPIONS OF SILVER
| IN NEBRASKA HAD EVER OPENED
THEIR LIPS ON THE SUBJECT. At
| the opening of the corn palace In Sioux
| City four years ago said:
At the risk of being tedious ask your
careful attention to the presentation of an
other grave question, which, In my judy
ment, Is Of such mornentous Importance TO
! the entire West that all our people should
| join in vigorous efforts to secure it's early
| and Favorable solution.
WE OF THE WEST MUST HAVE
CHEAP MONEY; NOT. MONEY IN
| TRINSICALLY CHEAP, BUT CHEAP
IN INTEREST CHARGES FOR ITS
USE.
We are money borrowers and we need
vast sums with which to hasten the devel-
opment Of our wonderful resources.
We have good security TO give, and
neither population nor bankruptcy Is to
be feared.
is becoming inadequate for the daily COM
mercial necessities OF the country. 1t is
almost impossible today for our. local
banks to accommodate their regular, GUS
toners at 10 per cent. They have not q
dollar to loan on the best paper to anyone
else.
In poular' parlance money is scarce
The country grows so fast that the de-
n1and increases almost by multiplication.
AN INADEQUATE CIRCULATING
MEDIUM ADDS TO THE RELATIVE
VALUE OF THE DOLLAR AND
OF EVERYrHING ELSE.
EVERY DEBTOR MUST WORK
HARDER OR SELL MORE PROPERTY
TO MEETAHI OBLIGATIONS THAN
II E OTHERWISE WOULD. .....e.
Senator Thurston will tell you tonight
that the repeal Of free coinage in 1873 was
an enlightened measure honorably enact
ed and a blessing to the country.
In his letter Of July. 1893 Mr. Thurston,
plain citizen of Nebraska, preached thus:
OUR MOUNTAIN RANGES PRO
FEW YEARS AGO, WAS MONEY. THE
| WIDE WORLD OVER. SILVER WAS
ONE OF THE STANDARD COINS OF
THE UNITED STATES FROM THE
BIRTH OF INDEPENDENC UNTIL
IITS REORGANIZATION CREPT INTO
EITHER BY MISTAKE OR FRAUD.
1 ASSERT THAT TIE AMERICAN
PEOPLE, AND ESPECIALLY THOSE
OF THE WEST, DEMAND THE FREE
AND UNLIMITED COINAGE OF SILL
YER. ! 60 not mean that the financial! at
fairs of the country should be carried on
| by the actual use of silver, for it has been
demonstrated, that the silver certificates
answer better. Nor am I certain that the
present standard should be adhered to.
| But let us restore the law which made sill
yer a legal tender for all debts, public and
private: LET Us GIVE THE Eight TO
ANY MAN TO DEPOSIT THE BULL
ION IN THE TREASURY AND RE
CEIVE FOR 1T CERTIFICATES RE-
DEEMABLE IN SILVER COIN, AND
| THE GREAT PROBLEM OF AN AIDE
QUATE FLEXIBLE AND STABLE
! CURRENCY rs SOLVED.
| Senator Thurston will declare tonight
that free coinage will not restore silver
to coinage value, nor help the price of
wheat, and that the United States cannot
think of free coinage: He will recite from
his Madison. speech, thus:
| They tell nle---and am urged to it by
Jones and ali the others in the state-they
tell ME that to open our minis to the free
coinage. Of silver will bring silver bullion
backso 129 cents an ounce. They have as
serted 1t, iterated it and reiterated 1t, day
after day and month after month. My
| countryrnen did you ever stop to think
| that if the free coinage Of silver will bring
silver bullion back to it's old-time price
| that there will be none Of this increase in
the price Of products, none of this increase
! in the Price Of labor that they promise on
the other side? This is exactly true that
! every promise they make to the people of
| this country of q rise in values, of more
per busheI for wheat or more dollars per
day for. men is a promise based upon the
|pr5posision that the new standard Of value
| the new dollar OF. silver coinage-will be
less than the present dollar Of the country
| in which we live. One thing or the other
is absolutely true So 'st 4. Il. 80
III Tn his, letter ia ufItilN lifs New