The times. [volume] (Richmond, Va.) 1890-1903, 1896-10-06

Jefferson went about finding out how
much gold they should put in gold dol
lar and how much silver should be put
in n silver dollar. they consulted the
markets Of the world for years 10 see
what the relative value of on ounce OF
gold and an ounce Of silver was. why!
Because they knew that II their silver
dollar should not be worth as much as
their gold dollar. the gold dollar would
go out OF circulation. This has been
illustrated historically In our country.
When silver was undervalued it went out
OF circulation, and when gold Is compare
lively underyalued IL goes out OF circula-
ton And II has been verified in the
history OF every European nation.
Hamilton and jefferson said that II
we are to have two dollars, and they are
both to circulate. they must have an
equal bullion value, and they used the
ratio that our people commonly call 10
TO l, but IL is not Is 10 |, IL Is lbs plus.
They went into decimal fractions; they
were not willing 10 take IS 10 ], but MADE
IL 159S plus. But now some people want
us 10 say that Is 10 ] Is the ratio, when
the real ratio is 81 to ]. Those people
tell you I'm Virginia that they are Jeifer-
sOnian Democrats.
We are not left I'm doubt as to what
Jefferson would say. could his dust be
resurrected because he has left 10 on
record That II is the bullion value that
must settle the ratio. II we 20 TO coming
silver dollars at the ratio of 10 10 ] When
the commercial ratio-what you could sell
il for as bulliOn-is 81 20 J. a. long as
the ratio continues you could get TWO Sill
yer dollars for one gold dollar. Is therc
any man IN this audience so untutored
as TO suppose that q man would pay ON
a gold dollar. when he could 90 10 n'nk
and get two silver dollars FOR MS So"
dollar. and pay ont one ana nave ono
left? (Arplausc)
FIXING THE VALUE.
II IS illustrated in the history oil every
nation that has tried It that the Medn'l
doll,r drives the better dollar out OF
circulation. and any man can see no" ~
81. for If YOU can pay your debts Win
, cheanar thing YOU are not goins ID
,,ive "a dearer. SO that we start with the
clear proposition that if you have 'he
free coinage IL silver at sixteen 10 one
Won necessarily abandon gold ana 80
,,,,,p , silver basis and gold Is driven out
of circulation.
Now next who Is 10 be helped by TINS
thing Take sixteen ounces OF SILVER
and declare by law that it is equal 10
si,t.cn on-.os of gold. and let us see
what will be- the result. Mr.. Bryan
-. .,vb, didn't our fathers write ana
.,,,,, Tho Declaration Of independence:
=. not ,ro "A free and great peopi'
60, yvo do what we please Mu7l We
-. Cor the action Of any foreign c'u"-
,r,.9r We'll. we can do great man.
tbings I'm this country by our y''
n is not I'm the power OF any ''n.,....-...
or congress. or AN the state l'7'7'..t,...,,
az ~.
combined. to fix the value Oh "". 49,.
Won hive 10 go 70 the mars 49,
eunpose that Congress sno''" ..,i 20
tbqt one coon skin snouid "' - A.
ono ,possum skin. would lN'' .t-' e'..
90 You would have 10 so 10 , l,,t
merchant down the stree " , ,.o,, MS
~ It,, II he would give !o.
much for one as for me 80 In the
would be equal, but al '', ,rho NOR
WoiIo 'o~ tho values Of things nnI Doi'.
chai'9 ia do it, "Not all the hl"7
eresa ...'.'' an the King men. can nm
army '', l,,,ces of silver edual ~ ~
slA''1'' - ,,oiT when the brokers pay
o"i.1 ..irt,,-one to one. lApp''"'
r'.'.o &c 81, rr,.r THE LAW or TRADE, -
Law sometimcs. and want ~
-, the greatest respect ~ .,,
spe"N ~ -.,no is supported Joy
man whose i.','' en-, the Presidency j
po'y va i,,otirocs how any man o'" .t.,.
.t,+ ths laws fiat can 'o''.' man.
heFe una. ~ trade There Is no ~ ~
great lA" ,,tutorod that NE "o
before 10y. r,st the government ~.
not h'o4 ,.,f,e of a busnei OBJ
declare li' ,.h.at That Us ah a'-
or DD'', merchant and the Jaw
ue" ~ 40 they settled i' tf,..r
lran,, f. ~ settle the value ol "
~" ".'-'...,,ared 90 "a gold oni.'' .,.,i,s
do.'.ll D., Silver man takes ~ ~ tr.
-, a. the mint from hi7 ..is-
49, l states under this pi'.' 49,. of
49,, ,vould nay au OF inc '''.. t..i,.,
.-. ,,trt buv au of the cor't .,I-
,,arhtuorv. take that il- - q, hack
,-.r stamp it "a dollar "ii'' l.','.0 80. o,...s
to The man Who brotsH. IT, ,.,,. ,of,
Won "a hundred dollars Nc 0'1'' Gam
with one hundred ol -no7N 20 d.. tool,
see how he is helped p.' +,,,ld aar
that silver anywhere la 40 to a
only half that for lt' ID "' M 81, d,
broker n New hoiA 'i 80 t,a+
London he could get oll5 30. -,.,,
Tor it. lie is helped, u u0-''' ,,,f,,i,,,-
head to see that. All oil 'l' '''' 49,.
stocks In this country ana 'i's "i
~ held I'm Europe, wouiN D, ...
vlue If the present ratio D''"''N '-'
TWO metals remained anu li'' e''''''7
wcro adopted.
.rr is A MERE PkOfhEDA.
But they say that silver VIII "fpie,-''9
until it is az parity with Hoiu' " .i'
,,.t h. u prophecy. ana / have an I'M
r,r.s.tou that the SONS OIL inc piop"e''
re .u dead. lauelter) - is mere
I....... of mon | THINK