The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-10-13


have preached today:
IF brother or sister be naked or desti-
tute and you say unto them depart in peace;
be We warmed and fed notwithstanding you
give them not those things which are need
full to the body, what doth 1t proft?"
You tell them that the laborer is idle in the
It more profitable to hoard money than it
is to employ labor in developing the re-
sources OF the country; tell them that these
men men are naked al and hungry and what do
they say They say BE We fed and clothed
without giving them anything to eat or put on.
Tell them that the farmer has been finding
MS prices falling when he sold his product
without his taxes and debts and fixed charges
falling. Tell these people that the farmer has
reached point where his income from his
Iarm is no more than SUFFICIENT to pay his
debts and his taxes and his fixed charges;
tell him those falling prices have extinguished
his living expenses and he poor and naked.
and they say to the farmer .'be clothed and
fed" without giving him anything to wear or
eat. They preach and should be rebuked as
they were rebuked 1900 years ago. They
are preaching confidence as the only relief
to this country, but we are preaching
doctrine that gives foundation for confidence
to rest upon. When money goes up prop
erty comes down. A dollar cannot buy more
unless property sells for less. dollar is the
CREATURE OF LAW.
When we talk about legislation in regard to
money our opponents tell us that commerce
regulates all these things. When we desire
to invoke legislation they tell US we ought to
trust these things to commerce We ask why
they did not trust it in 1873 Why is 1t
they invoked the law to strike down silver
in 1873? Ask them why they demonetized
silver and they say silver went abroad. and
it and they say it will come back Why
don't they trust commerce? When gold went
abroad before we had more silver certificates
in circulation, more coin certificates to take
the place of gold that went went abroad, and
when they repealed the Sherman law they
stopped the issue of that money and tEen
when gold went abroad we had nothing to
fill it's place. decrease of $150, 900 900 in two
years and the Republican party offering no
plan by which this decrease be stopped
and an increase provided for; aye, more than
that in 1880 when Mr.. Sherman spoke in
favor of the Sherman law, he gave as q
reason for it's adoption that it added to the
currency something like $54,000,000 a year
and in his speech demonstrated the need of
that amount of money. If we need $50 900. 900
each year additional money to keep pace with
population and industry, we have $500 900, 900
: less money in circulation than we ought to
have. according to Mr. Sherman's estimate
1t is business question; 1 say business
question and In one sense it is senti-
mental question, a question that appeals to
the hearts of the people, and If the gold
STANDARD advocate will use his ballot to ad-
vance his business interests, why should not
the people Of the Northwest, aye the people
of the South and Central states. yes, my
friends, and the producers of wealth in all
the states; why should they not use their bal
lots to protect themselves from the inva-
sion of this foreign policy?
The Republican party tells you you must
maintain the gold standard, until the leading
commercial nations join in helping you to
let go. | can appeal to Democrats as the
regular Democratic nominee; can appeal
to Populists the nominee of that party
l can appeal to the silver Republicans as the
all on a higher ground. stand as the only
candidate prominently before the people who
believes that the American people are able
to attend to their own financial measures
for hal foII
have waited for twenty years for foreign aid
to come to us. We have sent commissions
abroad and they have come back empty
handed, and three parties have declared that
the time for waiting has past. Three par
ties have declared we shall wait no longer
and that the people of the United States
rising in their might shall declare in the
immediate restoration of the free and I'M
limited coinage of silver at the present legal
ratio of 16 to l. without waiting for the aid
or consent of any other nation.
You ask can we do it. My friends, upon
that question we are ready to meet the OPP
position. We declare that we can, and more
than that, we declare that there is only one
way Of finding out, and that we can find
out by trying. Our opponents will never
find out by waiting. You tell me that there
may. be danger in our system. l tell you
that the worst thing that you can prophesy
from the failure of free coinage is better than
the best thing you hope for under the
gold standard. And more than that, not
only do I believe that we believe that we
have the strength and ability to furnish
such use for silver will take all the
surplus and maintain the parity at Is to l.
but l believe that the action of the United
states instead of discouraging other nations
to act with US. will compel the other nations
to join with us. You ask why? | tell
you that so long as our foreign creditors
can drive down the price Of our products and
drive up the value of the money which we
pay them that they will have selfish in
terest in keeping gold Standard and de-
pressing prices, and as Mr. Washburn says
they will be dominated by human selfish
ness and will do it, What is the result
when We
OPEN UP OUR MINIS
to the free coinage of silver? You tell me
that those foreign creditors will draw all the
money out of this country. If they try to
draw it all out of the country, how far would
they go before they got all the gold? We
have not enough gold in this country to pay
one-tenth of the foreign inde btedness, and if
our foreign creditors attempted to draw it
all out, they would have to take nine-tenths
of it in silver and the produce. Aye, the
very moment they found the American peo-
pie had opened their minis to the free and
unlimited coinage of silver, so all the coin
obligations would be discharged in silver,
then our creditors would become interested
with us in making the silver dollar as good
as the gold dollar. so they would not lose
anything themselves. We have their selfish
ness against US, and we have suffered from
it. Open the minis to the free and unlimited
coinage OF silver and we will have their
selfish interests on our side. Open our minis.
give US the double standard and then stand
as the mistress of the worlds commerce. We
say to those in gold standard countries to
come and trade with us; we say to those in
silver standard countries to come and trade
with US, and here we stand ready to trade
with all the world and if other nations want
to trade we will let them come to our basis
or go out of business.
/ George Washington, in his farewell address
warned not only our people against foreign
influences in domestic affairs, but stated
what everybody now knows to be true, that
you must not expect favors between nations.
He said that you must not expect nation
to do something to help another nation merely
out of philanthropy, but, my friends, you
can always expect nations to join in anything
that is for their equal good when it can be
shown, and, when we have shown our willing
ness to act alone, and protect ourselves
against the degrading influences of the gold
standard, you will find that those nations
will be willing to act with us but they will
not act with us as long as they can run our
finances and attend to our business for us.
/ repeat, what said before, that | would
rather put our army in charge of foreign
general; / would rather put our navy under
the command of a foreign admiral, than to
put the treasury Of the United States in the
hands of a man who wanted to run it on the
European plan. We don't expect the support
of the men who have made profit out of the
adversities of the government, who have
brought those adversities upon the govern
ment; we do not expect the support Of those
who have been saving the honor OF the nation
at so much per save for the last twenty years.
But when we lose them, l think, my friends,
we have right to appeal to the great mass
of, the people, who are tired of wearing the
yoke they have been fastening upon the peo-
pie and when these men leave the Demo-
cratic party, because 1t is not willing to sup
port a government Of syndcates, by syndi-
Gates and for syndicates, l believe we ought
TO be able to appeal to those of all parties
who believe, Abraham Lincoln believed,
that "a government of the people, by the
people and for the people, should not perish.