Great Falls weekly tribune., 1896-10-02

| QlrocCly Opposite eTecL OF WlHI the law
intended. Instead of maintaining the
parity, they have destroyed the parity,
80 that we have come down to that con-
dition of affairs where all Of our cur
rency in this country is standing upon
this little gold basis that we profess to
control in the United States.
But we are told by these gentlemen
that if We 60 to the free coinage of sill
yer we shall flood this country with
cheap money and drive the gold out of
circulation by the cheap money that we
of trade. Now let us see what they have
done. My friends, the director of the
mint, in his report of 1895. estimates
that we have coined altogether in the
United States since we have been ma
tion S62O,OO0,O0O in gold. Since March
l, 1889, up to July %, 1896. under
the operations of the law as
construed by the secretary of the treas.
ury, we have driven out Of the United
States s433 $40, 1865 81 in gold in the last
seven years. Why, sire, if we silver
lunatics can drive gold out of this coun-
try any faster than that, I don't know
how we will manage to do it. (Applause).
We should have to rise early and sit up
late to find system that would drive
gold out of the country faster than that.
Deducting the amount driven out during
the last seven years from the total coin
age, we have S187,0O0,0OO Of gold left in
this country.
Why, the professed financiers tell us
that there is plenty Of gold in this coun.
try-that gold is in circulation among
the people. Now, want to ask this
vast audience here in Great Falls if
there is any man in the audience, or
lady, either, who has any gold in their
pocket to hold up their hand. want to
say that am honest about it. l want
to see how many Of you have gold in cir
culation. Is it possible that in the city
of Great Falls there isn't dollar of gold
in this audience? (Applause) I am
unable to see hand, and take it that
you are all honest people and would
hold up your hand if you had it.
Gold is in circulation in this country,
they say. Why, my friends, out in the
west it is not in circulation, where we
dig it out of the earth. Wall street have
got circulating chain by which they
draw it out of the treasury whenever
they want to, until they reduce the
amount in the treasury to such point
that the president directs further issu-
ance of bonds to get more gold. They
take that gold and pour it back into the
treasury then and get the bonds, and
Immediately circulate it back into their
own pockets after dra awing it out again.
That is the kind of circulating medium
it is IN this country. (Applause.) Why,
that process has been gong on, my
friends, for the last seven years; that is
not new process with these people; and
what is the first thing that stopped it?
Why, y,sirs, the only thing that did stop that
circulation was the democratic and pop
ulist platforms and the nomination Of
William Jennings Bryan (Applause)
| When these people saw the handwriting
upon the WALL and that the people were
determined to nominate and elect man
to the presidency who would not allow
their gold to circulate that way, in Or
der, if possible, to deceive the voters OF
this country and to make them believe
that this country was prosperous, they
especially for the last 30 or GO days, in
have made in the treasury. What for?
Simply because the election is due here
in 30 days, and if it hadn't been for that
election they would have had bond
issue before that time.
Why, my friends, if the nomination OF
William jennings Bryan upon free
coinage platform will have the effect of
pouring thirty or forty millions of gold
into the treasury in 80 days. what would
his triumphant election do in this coun-
try? loud and enthusiastic applause).
| They tell US that it is over production
that causes low prices. Why, my friends,
they tell US that the fall in the price in
wool in this country is caused by over
production, and the loss of the tariff of
Mckinley; and my friends who are en-
gagged in the wool industry who have lost
SO much money upon it in the past few
years, | want to ask you il you ever
stopped to think whether the man who
is raising horses has not lost as much
money by over production of horses, and
! your ncighbor who owned a house and
| lot three or four years ago worth $1,000
and today couldn't sell it for $1,000, ask
him if he has not lost $500 by over
production of houses and lots. ZAP
plause.) And the merchant who
had stock of goods upon his
shelves three years ago worth
$4,000, finds the same amount of
goods today worth five or six
thousand dollars; ask him if it amt on
account of over production of goods.
These farmers, who are raising cattle,
ask them If the fall in the price of their
cattle isn't due to over production; and
the laborers that are in this country,
who are not able to get anything, sup
pose it is an over production of laboring
men If there is any over production in
all these commodities, my friends, there
is one thing that there is not any over
production in,and that is money; and let
us have just little more change and see
if we cannot have an over production of
money for year or two (Applaase)
II 4; n
They raise their howl against M.
Bryan that he is arraying the masses o.
the people against the classes. Why
this comes with bad grace from those
men who have made classes in this coun
, try by class legislation; they are not in 6
position now to talk danger OF their owr
, wrong and say, "You should not array
one class against another" but by thell