, 1896-10-15
LOGICAL ON FINANCE.

IL q |
pauper. II raises no corn, no wheat.
digs 10 gold. II collects taxes-alms-
and we have TO support the govern
ment. We give a part of what We
create by our intelligence. by u
strength, and the government produces
nothing; never did, and never will. We
cannot depend on the government for
our bread. We have to feed the govern
ment. Withdraw our support and
where would the gentleman, the Off
Gals. be? What would become of your
presidents and congresses. were it not
for the taxes paid by the people? We
and remember tive have to sup
port the government: government can
not support lis. and the idea that the
government can create money, in poll
lies, in finance, is just as absurd as the
doctrine Of perpetual motion is in me-
chanics; just as id!otic as the ph.lUso-
piers stone; just as absurd as the foun-
uain of eternal youth. (Applause.) Just
IS idiotic as the transmutation Of met
ais; and any man. capable o. believeing
that money can be created by law, is
Incapable of reasoning or any subject
whatever. (~hrplause}.
VALUE OF GOLD.
All. but, they say. What makes gold
valuable Is that the law has made it a
legal tender. Again. gentlemen, you
are arguing backwards. Because it was
valuable, the law made it Il legal ten
der. Making it a legal tcnuer did not
give 1t value; but, being valuable, the
law made it a legal tender, recognize
ing its value. And yet, these gentle
men say that it got all its value from
the law making 1t a legal tender. It is
exactly the other way. The legal ten
der law rests on the value of the metal.
Why is gold valuable? I don't know.
applause and laughter.) Why do so
many people get idiotic about election?
t~Applause.) l don't know. But these
are facts in human nature. Fol- some
reason, or for money, people give a
value to gold. And that value is recog>
nizcd by the law-making power, and
that is all there is to the legal tender
act.
But" says Mr.. Bryan, "our money
is too good" How can none be too
good? There may not be enough of 1t
in my neighborhood there is moi.
CLaughter). But how can it be too
good? He says, I'VE want more mon.
ey." | say, Yes; we want good mon
ey, and the more good morey we have
the better"
There has been added to the money
of the world 5000, 900, 900 in gold in the
last year, dug from the misery crew.
ices of the rocks. Next yea: there will
be, in all probability, 800, OO0, 900 more
than that. We are getting more good
money. But he says, 1--WE want cheap
money"
Well, why? Because the money IL
now so good that people hoard it. Con.
sequently he wants to get money that
nobody will want to keep %(applause),
money that everybody will he crazy to
spend. If we get that kind of money,
who will take it?
In this city many years ago there
was an old colored man at the Grand
Pacific. l met him one morning, and
he looked very sad, and l said to him:
Uncle, what is the matter?' WELL"
he said, my wife ran way last night.
Pretty good looking woman: a great
deal younger than I am; but she ran
Off" And he says: Colonel, 1 want to
give you my idea about marriage. If a
man wants to marry a womal and have
a good time and be satisfied and secure
in his mind, he wants to marry some
woman that no other man on Gods
earth would have" daughter and ap-
plause.)
GOOD MONEY is WANTED.
That is the kind of money these gen.
tlemen want in the United States.
Cheap money. Do you knew that the
words cheap money are a contradic-
ton in terms? Cheap money is al
ways discounted when people find out
that it is cheap. We want good mon
ey, and do not care how much we get,
but We want good money. Men are
willing to toll for good money; willing
to work in the mines; willing to work
in the heat and glare of the furnace;
willing to go to the top of the mast on
the wild sea-; willing to work in tene-
ments; women are willing 20 sew with
their eyes filled with tears for the SAKE
of good money. tApplause.) And If
any thing is to be paid in good money,
labor is that thing. (Applause.) II any
man is entitled to pure gold, it is the
man who labors. Let the big fellows
take cheap money. daughter and ap,
plause.) Let the mar living next the
soil be paid in gold. But I want the
money Of this country as good Is that
of any other country. (Applause.)
When u money is below par we feel
below par. (Applause.) l want our
money. no matter how 1t ia payable,
to have the gold behind 1t. I want 1t 80
good that when a savage looks on 1t
his eyes will CLEAN as though he looks
at shining gold. That Is the money l
want in the United States.
I want to teach the people Of the
world that a democracy Is honest. ZAP
plause.) want to'teach the people Of
III, u-or1d thot A~ardoa a., not or1p