The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-28

statesmen of the country. They wOul'
have us believe what history does not
support-that gold and silver enjoyed
equal privileges in the mints of the
United States during all our history
down to 1873. They assert that the
stopping of the free coinage of silver in
1873 WAS ''the crime of the century. and
Is the cause of the present deplOrable
business condition of the country. They
must know that prior tn 1873 we had
less than 9,000.O00 of silver dollars in
circulation. We have coined since that
time nearly 300. O.OO0.OOO of silver dollars.
and they constitute Il part of the cur
rency of the country. They do not tell
lis that when the coinage uf both gold
and silver was free in the United States
the per capita circulation in this country
was less than it has been since the So
called crime of 1S73.' Why. under
the free coinage of both gold and silver
in the days of the fathers we had in
1900 per capita of S4.99: in 1893 it
was $500: in 1852 it was S1463: in 1872
before the resumption of specie pay
ments. and when we were doing business
with unlimited paper currency, il was
SlS.19: in 1894. twenty-one years after
the suspension of free coinage of silver,
we had Il per capita of S24.SS. and every
dollar was as good as gold in every part
of the world. We have greater per
capita in the United States than has
tHt lHltttl NiHSuon OF ArfeaI
and greater per capita than has Ger
many. The per capita of the whole
world is about S5.15. The per capita of
the gold standard countries is SIS. while
the per capita of the silver standard
cOuntrics-Of which they want to make
lis One-is about S4.30. Even in the
gold standard countries we have more
silver per capita than they have in the
silver countries of the world. The gold
standard countries. having n popula-
ton of less than one-third of the worlds
population. have nearly two-thirds of the
circula ton of the worlds currency. The
United States has about Jla per cent. Of
the total population of the principal
countries of the world. yet 1t has
81 21-100 per cent. of the banking re-
souros; and nearly 16 per cent. of the
total money supply of the world. France
has higher per capita than the United
States. hut the banking deposits in the
United States are S71.T6 per inha bitant,
or ST.: greater for each inhabitant than
the banking deposits of France.
Per Capita Rate Would Decrease.
1T must never he forgotten that the
free coinage of silver mt the ratio of 16 to
l would not increase. hut would decrease
our per capita circulation. 1t would add
nothing 10 il. but would rob us of the
good money we now have and put us
where the silver countries of the world
There is nothing in our present currency
status. therefore. to disturb us, except
to defeat the party which proposes to de-
base it. 1t is the proposition TO debase
our currency standard that has created
CONSERVATION i'll every business center of
the country: has made times hard. has
driven money from active industry. and
put ii behind barred doors. where it will
be kept until confidence is restored.
The people Will not consent to n de-
crease of their circulating medium. nor Q
debasement of thai medium of exchange.
II by your votes this menace 10 the mon
ey and credit of the country be dispelled,
ana by the same votes you restore the
American protective policy. that will stop
deficiencies in the treasury. and will pro-
tect American industry. and courage
and confidence will come back again.
Open the mills and the mines of our
country by Il judicious protective tariff
and you will stop idleness and distress
in the ranks of labor and you can't stop
1t in any other way. What will be the
voice of Maryland on the }d day of No
vember: tCries of Mckinley. McXin-
ley.D What will be the voice of the
great city of Baltimore? (Crics of NC.
Kinley.1 How will that old conservative
city speak for national honor? (Cries of
BY voting for Mckinley and portec-
TOM
Il thank my old comrades of the war
for their presence here at my home to-
day. | thank my fellow citizens of every
vocation for having paid me this visit.
and beg to thank them in the name of
the Republican party for their assur-
ances of loyal support to the principles of
public honor. protective tariff. sound
money, reciprocity, which will bring to
us. | trust and firmly believe. good times.
1892"