The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-07-30
ovcE. a MAN; TWICE, A FOOL.
.x ARE NOT DECEIVED TWICE
ny THE SAME THING.

s.-,,- Speech From Car Reed
,,-,.,.red Before Large Gather
TN His Native State-He Hits Us
-, Rut Gives Us Good Logic on
,hs Money Question.
rs~s4 Ne. July 29.-The republican
Invention was held here this af-
80 m notify county officers. The oc-
49, MAS made unusually interesting
-, -be fact that the county committee
- the presence of Hon. Thomas B.
- and curtis Guild, Jr., of Boston, and
-. convention ended in a great ratitica-
~. -,.sting AIessrs. Reed and Guild ad-
s.-.sire gathering of several thousand
~ who came from all quarters to
ssar the first public utterance OF Mr..
D. since the national convention The
sneakers were greeted with great enthu-
sasm. s-,,..
Mr. Reed spoke in part as follows;
oTyyo months ago no man of any stand
,,y would have risked his reputation as
- ,ronbet bv limiting the slightest doubt
- ra,rblican success Now there are
,bosa who tell US that all things have
changed This may be so, but to me it
. does not seem probable. 1t would be un-
uisa unjust and senseless to confound
tba democratic organization with individ-
uaI democrats.
when stephen A. Douglas declared, af-
. fer Sumter was hred on, that thenceforth
there could be but two parties, patriots
and traitors, he won the respect even of
foes and an imperishable place in history.
We shall certainly all welcome all such
men to-day, not that they are to be re-
publicans for they viii not be-. but be-
cause they are patriots, for that they
"Tbers are some political orators who
think 4 they can draw a rose colored PIC
a ture II ought TO convert a continent. w nat
a rosy picture we had painted Tor us IN
1892 What millions we were to expect. We
were TO sell in the dearest and buy IN the
cheapest market. We took their word Tor
il. and here we are and now the least
y credible part of these same gentlemen are
smrarlng the canvas with another picture
81 for which they want us to pay another
i four years, or perhaps ten OF this naton 5
n lfs Men deceived once are human; men
& deceived twice by the same men are tools.
am bound tO.say that the evil which mas
come 10 us by an unwise revision of the
tariff has been greatly aggravated by one
Of its consequences, our loss OF revenue.
The constant drain of the deficit, contin-
ually cOnfOunded with the redemption Of
our people that confidence cannot COM
mence to be restored until our revenues
equal our expenses.
Let us see what is proposed by those
gentlemen who, within the last two
months, have discovered a new cure for
all the Ills flesh is heir to. Their remedy
is the coinage OF silver at 16 to /. What
does that mean? Heretofore whenever
gold and silver stood together it has been
at the market value, When we tried to
make gold and silver circulate together
H we have always married them according
"A 10 their market value. To-day we find
them, not l6 to 1, but 81 to /, and we are
going, they say, to lift silver to twice its
4 value,nOt by the universal sense of man
A kind, which alone makes values, but by
the statute of the United States single
handed against the civilized world. Why
n should the United States try to do this
alone? II the demonetization Of silver is
a disease at all il is a world disease. How
can II be reached except by a world rem
. eeyt International bimetallism. can un-
uerStand, but this driving out of gold and
substitution Of silver is only silver mono-
meJalllsm for the United States 1t is
9TAlIuhg from gold currency and civilized
EuI9Pe ana going over to silver and Mex
co Japan. India and China.
II we are going 10 have a dollar in
terror to what we have to-day what will
oe tAe effect of it? Higher prices, they
say. Not for everything. If you have
IVY u the savings bank to-day, you can
X.
uls wild project succeeds and YOU are
galu IN silver, you will get the $780, but
1ney viii be 50 or so or 70-cent dollars
Il you nave a pension that must be scaled
SoWH' II you have a bond, that gees
Gown, too. What you buy will 20 rp.
WI WIN wages 90 up, too? Wages during
s.eeAodck times measured in gold did no;
a. up as other things did. They Weny
Sa' s15 ,..I. ~ Ihe way but not all the way up,
~ ~ were very slow about that What
rs country needs is capital from abroad.
~ the United States are millions
~ square miles and 100000 of
iyte s,irt ana undeveloped riches without
I'm nut mere 1t not capital enough 10
w lne 'o'OOOOO people who are at work
~ N, are most prosperous when the 75OOU.-
re- S'e az at work, and when that hap
- ave we borrow of the rest of the world
-..SSvSdads OF millions of dollars,
No", just as soon as this election &c
now. anu the future position of the
-o-gy ana as to the employment of orr
fro.ro capital is ready to come to us
o,n abroad and from our own neoDia
0ag We shall again be prosperous
rs"e nave been through all this once
bsT w. W. Inc sfeenbackers of 1873 were not
"A bl++arH III Ihey were sincere and had a
5-I case than the silver men Of IN
"a lion We must have an artificial infa-
!. ana cheaper money, they said. or
Ian. ~ rum awaited us Prices were
{. ana 6oL az "oTk was scarce; taxes were high
and rss,,r.H9lr D1s aura to pay but we presevered
Sd NOM. 'IIleu specie payment. From that
ON 5,ll Ihe capital of the world was al
rsdo 'S1osaI. We had a good tariff which
IA fo y ;.o5 ao all our own work, and from
Wbj,5 $50, fourteen years of prosperity.
p5sitiop p'9cea the United States in a great
tf1ao N N the world. If we do the like
reya5r,oV Jay like things will follow. With
ezoort ezte equal to our emergencies, undue
ti5rr u, VI god will cease. With the GER
70 f. 'Idt Lhe dollar paid will be equal
co7f5a- dollar lent will come credit and
thar NJ ~. With that other certainty
eTir".s are all to work, viii come the
RAc5 u wages steadily increasing.
vAcb is tne basis of that prosperitV
ton u.s. Is alone worthy of this great ma,
''e prosperity of the whole people.