The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1896-10-31
A DISGRACE.
Kentucky Hoodlums Heap Insults
Upon Secretary Carlisle.
They Cali Him Traitor and IIuri Eggs
at HIN at CoyinGton-Hc Makes IA
strong speech in Defense of
Sound Money.

ZSHS VI No'ihSt ION NJ ouu IcllpNs nan
on the financial question Thursday
might and was Kissed and so frequently
interrupted by yells that at times it
looked as If he would have to leave the
stage. Not only was he Kissed and
called traitor during his speech, but as
nc walked 10 the front of the platform
he was met with a yollcy of rotton eggs
and oaths.
The most disorderly scene was at the
close of the meeting, when hoodlums
gathered about the exit, with insulting
remarks. There were many noisy peo-
pie on the street, and in such spirit as 10
threaten violence rs well as insult 10
the secretary. The authorities had not
taken radical action to prevent dis
rurbance up to this time, but after tn
meeting the mayor and chief of police
promptly furnished detachment of 20
police, who safely and quietly escorted
Secretary Carlisle to the residence OF
Frank Helm.
A synopsis of Secretary Carlsle's nd
dress is as follows: ... ..
The secretary spoke in culogIstic terms
Of Gems. Palmer and Buclner, and said
for law and order. for the inviolability OF
contracts, for the independence and man
hood OF all classes of our people, for just
and equal taxation for public purposes
only for n sound and stable currency. and
for the maintenance of the national au-
thority and national honor under all cir
cumstancCS.
A Shot at Fusion.
lie said: The nominations made at Chi
cnEo nave been partially rcpudiatcd by the
vcry men who made them in ma jority of
the states. The national and state COM
mittees appointed 20 carry on the cam
pai6n and pledged to the support of both
The nominees Of the Chicago convention
10 the support of one just as much as TO
the support of tho other-have in &c or g7
states deliberately entered into arrange
mcnts and combinations to deprive one of
the nominees Of 4 large number of elect |
oral votes and give them to another can |
didatc not nominated by that convention, |
nor by any other convention even pretend !
inE to be democratic, and yet these gem /
ticmCn have the assurance TO call us bolt !
ers. and tho presidential candidate him I
SELF, VINO has CountcnanCCd and encour- /
aged the sacrifice Of his associate on tho .
ticket. who's" nomination was as regular
as his own, tells us that we cannot get
back into the democratic party unless we
come in Sackcloth and ashes Gentlemen.
we are not out of the democratic party
and We do not intend to so out or be put |
out.
Economic ETcc3 OF FREQ Coinage.
Secretary Carlisle proceeded to discuss
at length the economic effects of free silver
coinage. Its advocates advanced three
distinct and wholly inconsistent PROPOSE
lions Their first proposition" he said, "is
that free coinage at the ratio of sixteen
10 one will give tho people cheap money, |
that II vii! reduce the value of the dollar
about Unc-half. so that it win require about
twice as many dollars TO procure n given |
quantity of commodities as are reuuiret! !
now. This Is the high price argument ard |
SIS addressed to the farmers and so-called !
debtor class. Their second proposition Is |
that free coinage will not make cheap )r
deprecated money, but will raise the value |
of the silver dollar to an equality with the
present value of the gold dollar and OF |
course 1t requires no argument to con-
vince an intelligent audience that, IL this is |
true, prices will be 70 higher than they are
nUS. and producers and debtors will get
no more dollars than they get now. The |
Is the argument addressed to the more con-
servativc classes who do not believe in a |
deprecated currency, but who have been |
persuaded that there Is not Sufcert
amount of money in the country. Their
third propcs! tion, which appears to be a |
compromise between the other two, is that
free coinage will not Increase the value OF |
the silver dollar to an equality with the
present value of the gold dollar, but that |
n will raise the value of silver up and bring |
dhe value of gold down so that the two |
metals will meet at some intermediate |
point and consequently establish parity al |
abe ratio OF sixteen to one. This argument |
Is addressed to those who are supposed to |
be in favor Of deprecated currency, bu. |
are not yet quite ready to accept dollar |
worth only 20 cents.
Tho Natural Law.
Taking up in detaifNeach Of these three
propositions. Mr.. Carlisle went on to show
how the law OF supply and demand and the
recorded experience OF the world for at
fenst six centuries refuted each of them. |
The natural law on the subject, which we
could neither repeal nor alter, seemed to
be that when the production and coinage of
either gold silver Into legal tender
money were increased in proportion to the
production and coinage of the other metal
the relative value Of the coins thus dis
proportionately added to the circulation
decrease, and the rule was the same
whether the increase consisted of gold
coins or silver coins.
The increased coinage of legal tender
silver at ratio which overvalued that
Rnetal relatively to gold would not diminish
the demand for gold anywhere or ter
inmate the struggle for its possession, but
would greatly increase the demand and
INTENSITY the struggle, because, II two
Kinds sof money of the same denomna-
tfon but of unequal value were in exist
ence, everybody would strive to get the
most valuable; and, as the number Of sill
yer dollars increased, their value, rela-
lively, to gold would decrease.
Not the Only Issue.
Secretary Carlisle said free coinage was
not the only issue presented, and il might
in thu end prove to he not even tho most
important one. When was IL ever before
declared by any convention even pretend
ing 10 be democratic, that the federal gov
ernment had the constitutional authority
40 interfere with private contracts between
individual citizens of the same state? In
view Of the facts that IL was also proposad
40 have the government purchase and op-
crate all the railroad and telegraph lines
and issue paper to pay for them. that II
was to coin at the public expense all the
silver in the world, If the owners of the
SulIion saw proper to present IL at our
Anints, that II was to inaugurate and main
tain a system of public works. whether
needed or not. sufficient to give constant
employment to laborers who were not
otherwise occupied, and that II was 90 es-
fnblish postal savings banks in every part
Of the country TO receive idle money on de-