The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1896-08-28

s..AtA SneAp money, whether of coin or
paper: That dollar Is the best dollar
and clothing. That dollar IL the rciS
dollar for 1t buys more food and c,6th.
ing than any other dollar and WIN aiso
puy silver dollar for IS cents. IL fhs
coinage OF silver Is made free At Inc
ratio OF 16 to ! OF gold. Experience has
shown that the United States can. make
ene SILVER dollar buy as much as tho
golu dollar. but Il can only be done by
tne government buying silver bullion as
neeoeu and coming II into dollars on
government account. This has been
tried. Every country OF Europe. excent
possibly Russia, republics and mon.
9rchies alike. maintain the gold stand
ard and silver coins at parity with eoid
- even q less ratio than the United
States, and now Russia has boarded
over $500, 100000 OF gold in preparation
Tor the gold standard which she win
adopt -.
we have now In the treasury belong.
ing to the government over s7s,O 900, 900
silver dollars represented by certifi-
Gates and also silver bullion costing
over $ll6 600, 900 In treasury notes In NO.
i've circulation and maintained nj mar
with gold at thu ratio OF 16 TO 4. The
frpe eotnne Of silver Is an Invitation.
not only to American miners, but to
al miners or holders OF silver in the
world to deposit their silver In the mints
OF the United States and to receive in
exchange therefor a silver dollar for
every 412i1 grains of standard silver de.
posted. But that silver is worth In
the market only So cents. Why should
we receive this bullion from the owners
OF silver mines at nearly double Its
market value when we have such vast
hoard In the treasury, which we hold
with difficulty at par with gold3 The
only object and effect OF this measure
will be to degrade the dollar. to lessen
its purchasing power nearly one-half, to
cents for dollar and to cheat the pub.
lie creditors who hold our bonds. II
this policy should be adopted the United
States will take Its place among the
nations of the earth as bankrupt, clos.
ing Its business at s. cents on the dollar.
There Is another element Of meanness
In this free coinage of silver. The Unit.
ed States has always paid It's bonds in
gold coin or its equivalent. In the dark
est hours OF the civil war we stipulated
to pay our bonds. principal and interest,
in gold, or ITS equivalent. All OF the war
debt has been paid In this way. A por-
ton OF II was paid In bonds bearing a
lower rate OF interest. but we exacted
from the purchasers OF these bonds gold
coin or Its equivalent even while our
notes were below par In coin. About
$S47. 600, 900 of these securities are now
outstanding. of which s262.000.o00 was
sold by this administration and paid for
In gold coin. It Is one OF the objects Of
those who advocate the free coinage of
silver to force the government to pay
these bonds In silver coin reduced In
[ value. It Is harsh to express this opin-
ION OF measure favored by many good
people, but cannot regard 1t In any
other light than both as fraud and a
robbery and all the worse IL committed
by a great, rich and free people. A cit
lien who should commit such an offense
would be punished by the courts or de-
nounced as dishonorable. but a nation
like ours is beyond the power of any
tribunal but conscience and God.
Now, fellow-eitizens. have said all
/ desire to say at present on the free
coinage of silver. have the confident
hope that the great body OF the Repuh-
lican and Democratic parties represent
ing the conservative elements of our
people will stamp their rebuke upon
this measure Of infamy and thus pre-
Z serve intact the honor. the credit and
I glory of our great country. This matter
OF the free coinage OF silver and the
/ degradation of the standard Of value
involves not only questions OF money,
but Of honor and good faith. When their
honor Is involved, the people never fail
to respond. They have compiled with
every promise and paid every debt con-
tracted since the organization of the
I national government, as 1t became due.
They have paid four-fifths OF the debts
contracted during the civil war, and the
prospect was hopeful that all OF 1t would
be paid before the close Of this century.
but this reversing our standards of
value has, like the fire bell at night.
startled and alarmed our people. Let
US settle 1t by following the action OF
Washington, Hamilton, Jefferson. Ben
ton, Hunter. Lincoln and Grant; let us
maintain silver and gold at par with
each other at the legal ratio Of is to l
until conference among nations can
prescribe common standards OF value. In
the meantime. let no act be done, no
policy be adopted. no expedlent resorted
TO that will tarnish the honor OF this
great republic.
speech was followed with long contin-
ued applause and after 1t had subsidized
Governor Bushnell arose to
INTRODUCE sENAToR-ELEcr
FORAKER.
Mr.. Foraker was greeted with par
feet ovation as he arose. Cheer after
cheer rang through the enclosure and
cries of mo rebel flags. Grover" were
heard loud above the tumult. II was
some time before the demonstration
qnleted sufficiently for the speaker to
begin his address. and he was inter-
rupted at frequent Intervals, win MN.
gled laughter and applause throughout
I his speech.
Senator Foraker's Speech.
Senator Foraker then spoke as fol-
lows:
Mr.. Chairman. Ladies' and Gentlemen
II am not behind Senator Sherman IN
the matter of having a prepared speech.
But 1t Is not my fault that have II IN
that form. The newspapers have
habit OF requiring US. when we make
opening speeches, as they call them, TO
write them out beforehand and send
them to them, In order that they may be
in type before they are delivered have
compiled with that requirement. II IS
not my fault. as have said. that did:
but that Is all they can require OF me.
kind OF q speech, and now am going
to make such a speech as feel ike
making. applause and cries OF Give i
to EN-: and "Hurrah for ForakerO
I think 1t is q good speech. and would
like to have you read 1t lncreased
laughter and applause.) But II you 10
not, 1t will never be read. (Renewed ap-
plause and laughter)
Now the first thing want to say TO
you Is. that the thought that has been
uppermost In my mind as have been
sitting here this afternoon looking out
on this audience and listening to the
magnificent address that has Just been
delivered (cheering). the thought, ! say.
that has been In my mind Is. why Is
It that We have to have any meetings
at all this year? CONTINUED cheerinB)
1xyh,, Il ~ that Senator Sherman must