The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1896-08-15
BRYAN'S KEYNOTE,
Continued from Second Page. }

qnences of such an act. Any legislation
which lessons the worlds stock of stan
dnrd money increases the exchangeable
value of the dollar; therefore the crusade
against silver must inevitably raise the
purchasing power of money and lower the
money value of all other forms of prop
erty.
Our opponents sometimes admit that IL
was mist Ike TO demonetlze silver, but
insist that we should submit TO present
conditions rather than return TO the BIZ
metallic system. They err in supposing
that we have reached the end of the evil
results of gold standard; we have not
reached the end. The injury Is a continu-
ing one, and no person can say how long
ths world Is TO suffer from the attempt to
make gold the only standard money. The
same influences which are now operating
to destroy silver In the United States will.
IL successful here be turned against other
silver using countries and each new con-
vert TO the gold standard will add to the
general distress. So long as the scramble
for gold continues, prices must fall and
general fall In prices Is but another def
milton of hard times.
Our opponents while claiming entire
disinterestedness for themselves have APP
pealed to the selflshness of nearly every
class of society. Recognizing the dispo-
sition of the individual voter To consider
the effect Of any proposed legislation upon
himself we present to the American peo-
Pile the financial policy outlined in the
Chicago platform, believing that 1t will
result in the greatest good to the
greatest number The farmers are
opposed to the gold standard because they
have felt its effects Since they sell at
wholesale and buy at retail they have lost
more than they have gained by falling
prices, and besides this they have found
mat certain fixed charges have not fallen
1T all. Taxes have not been perceptibly
decreased, although IL requires more OF
farm products now than formerly To Sc
cure she money with which to pay taxes.
Debts have not fallen. The farmer who
owed 81 900 is still compelled 10 pay 81 900,
although IL may be twice as difficult as
formerly to obtain the dollar with which
TO pay the debt Railroad rates have not
been reduced to keep pace with falling
prices, and besides these items there are
many more The farmer has thus found
complaint against the gold standard.
The wage earners have been injured by
a gold standard and have expressed them
selves upon the subjectSwith great empha.
sis In February 1895, a petition asking
for the immediate restoration OF the free
and unlimited coinage of gold and silver at
IL to was signed by the representatives
of all, or nearly all, the leading labor or.
CARNATIONS and presented to congress.
Wage-earners know that while n gold
standard raises the purchasing power OF
the dollar il also makes it more difficult
to obtain possession of the dollar; they
know that employment is less permanent.
loss of work more probable and re-em'
ployment less certain. A gold standard
encourages the boarding of money be-
cause money is rising; 10 also discourages
enterprise and paralyzes industry. On
the other hand, the restoration of bimetal'
lism will discourage boarding, because
when prices are steady or rising money
cannot afford to lie idle in the bank
vaults The farmers and wage -earners
together constitute considerable major
ity of the people of the country. Why
| should their interests be ignored in con
| sidering financial legislationg A none
| tary system which is pecuniarily advan'
| tageous to "a few syndicates has far less &c
| commend IL than u system which would
| give hope and encouragement To those
| who create the nations wealth.