The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-09-23

upon the present legal ratio. or an Sucal
ratio as may be established by law
This was the act of the Fifty-fizst con-
g1Hss, passed by the Republican party
Tor the purpose of preventing the free
coinage of silver AT a ratio of l6 10 l;
but ever leaving silver the greaaest
possible use as money and Tor lnaN
purpose providing for the utlhzaNloll
Of substantially. the full product OIL
the American mines Great applause
This is not the only defamation OF
recent years in support OF the bamll-
fon5sn idea. of THEN, parity. The Fifty
third congress, elected In 1877, ana
Democratic in both branches, with
President Cleveland as chief executive,
elected by the Democratic party, also
recognized the doctrine of the parity.
President Cleveland was SO conVlncsu
that the coinage of silver was pc
coming a peril to the country, that ne
called congress together IN eXtEaoroa-
nary session and congress, at ms earn
est solicitation, proceeded to
REPEAL THE PURCHASING
CLAUSE
of the -so-called Sherman law, and in
doing this wrote into our public stat
utes this express contract: And 1T IS
hereby declared to be the policy OF the
United States 10 continue the use OF
both gold and silver as the standard
money. and to coin both gold and silver
into money of equal intrinsic and IN
changeable value, this equality TO pc
secured through international agree
ment. or by such safeguards OF leg1s-
lation as VIII insure the maintenance
of the parity in value of the COINS OF
the two metals, and the equal power OF
either dollar at all times in the marker
snd in the payment of debts. (Great
\
Fqfty-third congress, under President
Cleveland. an act by a Democratic
congress and a Democratic president,
approved by Democratic admlnistra-
ton and endorsed everywhere by the
Democratic press. and, as 1 believe,
by the masses of the Democratic party.
Tt is true we, as Republicans, can take
satisfaction in the fact that it would
have not passed the senate except at
the earnest support of the Republicans
and none more prominently than Sena-
TOR Sherman himself. But the Demo-
ocratic party was solely responsible for
legislation then, and its action
BOUND THE MEMBERS OF THE
PARTY
strongly 10 the support of honest
money. as the FIfty-first congress had
committed the Republicans of the coun-
try 20 the support of the same doctrine.
With what bad faith, therefore, with
what disregard for the right, for JUS
dee and honor, can any citizen now de-
mano that the government shall enter
upon any settlement Of our debts on
scheme Of coinage. the confessed result
OF which would be to destroy
the parity between dollars, drive
gold from circulation and re-
duce the value of silver and
paper dollars in circulation nearly
one-half? Hamilton and Jefferson,
Jackson and Lincoln, Grant and
Garfield never contemplated for
IJnfred States would cheat its
people in its money or rcpudtaEe any of
its obligations made either by expressed
terms or shnplscation. Great cheering.)
Free silver means free trade. (Crfes of
"Of course 1T dOes-") Suppose you
could pay the duty with a Scent
dollar, wolld you not reduce the pro-
tActAon you now have almost one-half?
CCrdes Of Right, RIGHT D Ny fellow
citizens. do not be deluded- No matt
ter how much money we have, or may
have, i'm this country there is but one
way to get lit, and that it to give some
thfng for it, applause and cries of
That's righf.'') What we want just
now is somebody who wants what we
have TO give him. (Cheers) Labor
cannot wa6k. he capital of the work
ingInan is in his strong right arm.
tremendous cileering) If he does not
Use 1T, just that much of his capital is
gone. and gone forever. (Renewed
cheerfng.) the capitaIist cam wait
ON his dividend, but the workingman
cannot wait on his dinner. Great
Daughter and applauSe) And there is
nothing as well calculated TO injure
labor IN the United States as a. depre-
ciated currency. Cries of That's
right. Major, hit them hard.'0 I want
TO read
WHAT WEBSTER SAID
March Is. 1887. in your great state: He
VINO Hampers with the currency robs
labor of its bread He pandeCs. i'm
deed, to greedy capital, which lis keen
sighted and may Shift for itself; but
he beggars labor which is honest, I'M
suspecting and too busy with the pres
ent 10 calculate for the future The
prosperity of the working classes lives,
moves and has its being in established.
credit and a steady medium of pay
menf. All sudden changes destroy it
Honest industry never comes in for
any part of the spoils in that scramble
which takes place when the currency
of a country is disordere4i Did wild
schemes and projects ever benefit the
Industrious? Did violent fluctuations
ever do good to him who depends on
has daily labor for his daily bread?
OSreaE applause and cries of No, nD.0
Certainly. newer. Ash these things may
crafty greediness for sudden gain, or
the ras91neSS of strong speculation, but
they can bring nothing but injury and
dietress 10 the homes OF patient in
duEtry and honest labor Great ap-
plhuse.)
Three cheers We're again given for
Major Mckinley when he had concdud-
ed. and tine nominee went through the
ordeal of shaking hands with the en-
tire company. AT 4 O'Clock. the last
delegation arrived It filed ten
coaches. and WAS composed of six hun
bred members of the Mckinley clubs of
Ell1haFvt county, Indiana James
Dodge, OF BikharT, made a brief adj
dress to Major Mckinley who said:
Il cannot forget, as 1 stand in the
presence of an Indiana audience, that
1t was your state that produced that
splendid
SOLDIER AND STATESMAN
and illustrious president, Benjamin Har-
rison. tremendous applause), whose ad-
sninistration for four years of the gov
eminent of the United States has few
parallels in the history of our country
Honest, strong. wise, patriotic Ameri-
can, an administration that stood by
the great doctrines of the Republican
party and that never turned its back
upon the glorious old stars and stripes
end the psen who sustained them dur
ing the four years of civil war;