The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1896-08-08

| In the worlds supply OF silver. the attempt
TO make something out OF nothing, the old
story OF 90 cents on the dollar-is that the
troubie7 Four years ago that beggar in
| Chicago was the customer OF the potato
man In Iowa. Four years ago he had
money In his pocket. lie bought bread
| stuffs and nlled his stomach 10 its full
To-day he has got nothing inside but
wrinkles ILaughter.l Empty stomachs
| are not good markets for American prod
ucts. lLaughter.l
To-day they nsk you people OF this coun-
| try 20 take free silver. because they say
| that all debtors can pay their debts at half
| price. Who are the debtors OF this country
/ l wish had time 20 read you this state
Notwithstanding paper.l There are IN this
| country 60 life insurance companies and $50
| assessment life insurance companies They
have policies on your lives and on mine
| What man do see before me who has not
for years been investing his little surplus
earnings, what he could get. In the life In
surance policy-money that In the hour OF
need. when he was borne TO his last home
| and the widow In her weeds sat desolate
would be paid TO her by this life insurance
| company, 10 make her remaining years and
| those OF her children less hard and ardu-
Gus? Fourteen million life Insurance poll
cies In the United states. Think what that
| means. You owe II TO your people 10
| continue that condition OF finance, what
ever II may be. so that when you die your
/ widow and your child shall have dollars
| paid 10 them that are just as good as the
dollar you paid for premiums from year TO
year. lApplause.l
Advice to tho Pensioners.
Every old soldier OF this country who
| draws a penson--750, 900 OF them-owes II TO
himself and family that the dollar which
he gets shall be the dollar that viii buy Just
as much medicine for his child, Just as
much bread for his wife, lust as many
VI ri pf Cal mr. "A har of Q 70
as the best dollar that this government
has ever supplied.
There are In the national banks OF this
country and In the savings banks over 90
o00.c00 OF people who have money on de-
poslt. Think OF ~ Who are the debtors
and who are the creditors7 My country
men. the most Infamous thing about this
new promise and this new policy Is not
that they would open our minis 10 silver.
but II Is that they demand that the gov
eminent OF this country shall pass a law
compelling every man that has got dollar
due him 10 accept IL In the cheapest dollar
that he can get to pay him In. Applause ]
Stop 10 think of that a little while by your
nrcsides. They ask that a law be passed
compelling the laboring man 10 accept for
his labor the cheapest dollar that the man
ufacturer can get TO pay him with. Stop
and think OF thatl
ITO whom will this cheap money come
like downpouring blessing from God?
VIII Il come through the poor man? IL has
got to come through the fingers OF tho
rich. The poor men OF this country are
the debtors This promise that they shall
have cheaper dollars and dearer food is
like the old Mississippi fish trap-open at
both ends. It Will catch EN- comm and
goin'.
my countrymen. stop and think of II
moment, and see whore IL ends. / sat In
the train the other night. and by my side
was an old German who told mo OF the
four years he fought for the flag, and how
he now owed another great duty 10 his
country-to maintain the honor or It's
financial integrity. which meant the well
fare OF every American man and woman
and child. But while we were talking
face leaned over from the seat behind and
the man said: 'Pards. I was a Johnny.
was I'm the rebel army. / fought against
your nag And said: What are you go
ing TO do about II now? He said: i have
got n chance now to fight for my country.
Gentlemen, don't talk cheap money TO me.
I paid $3.50 for pair OF boots once.
Laughter and applause.l
Suppose / went 10 n boot dealer In the
city OF Madison and said 10 him: We VIII
bring on n condition OF things, we VIII pass
a law. that Will make boots $3.50 pair.
wouldn't he jump at lit Wouldn't he vote
that ticket? But that bootmaker down In
Tennessee who sold the pair OF boots for
wouid7 Why. he learned tho lesson that
cheapness OF money doesn't help anybody;
that cheapness OF money means that put
ting In the pocket one half-dollar does not
take the place that tho whole did before.
lie has learned the lesson OF money-that
money is the measure OF exchange of prod
ucts. IL Is not the price, II is the facility
that enables men who cannot deal directly
with each other. who don't want exactly
each others products, to deal through the
instrumentsIty OF the measure He has
learned that lesson.
To-day the one great promise Is that the
man who IS I'm debt can pay his indebted
ness at half price. Stop and think. You
men who owe $1,000 on your farm or on
your house-when is II due7
Your mortgage IS from two 10 three to
Ave years. The mortgage OF the ordinary
man I'm this country ia coming due I'm two or
three years. When that mortgage comes
due. free silver IL coined and the mine own
ers have built a pilo OF American dollars
until It's apex reaches TO the eternal stars.
When that mans mortgage Is due how
can no get n dollar out or that pile? How
Will he get n thousand dollars out OF that
pile2 He can only get II In the same way he
gets IL now. He can only get II from the OPP
portunity to get H. The mortgagors OF this
country cannot pay for their mortgages In
n day.
Reply 40 barrow.
After Mr.. barrow had presented his
side OF the financial question and adj
vnnced the usual arguments in its be-
half, Senator Thurston replied as .ol-
lows:
MY fellow citizens. you have heard our |
eloquent friend assert IN so many words |
that ne did not know what the remonetiza- |
ton OF silver and Its free coinage would do. |
He said I'm so many words IL In an expert |
ment. And again, my countrymen. ask |
you who have tried the experiment they |
onered you four years ago. ask you |
hadn't we better have a little collateral |
security this time? Applause and cheers.l |
What DO we offer2 We don't offer 10 |
labor cheaper dollars. The republican |
party offers 10 labor days work under |
the stars and stripes. tGrcat appiause.i |
My countrymen, ~ you had taken this adj |
vice and not given the foreign nations |
chance 10 do the days work we Americans /
were entitled 10. you wouldn't have this /
great distress to-day. tGreat applause |
lio says he agrees with me that hundreds /
OF thousands OF men are out OF employ
mcnt In the United States They were not /