The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1896-09-22
ARE BARNACLES.
Bryan Discusses Bond Sales and
Their NegOtiatOrs.
Declares the Syndicate Has
Been Bleeding the People.
Is CALLED PATRIOTIC.
While a Small Thief Would Be
Punished Severely.
Mr. Bryan Talks of the DrOnes
Of Society.
Is CALLED PATRIOTIC.

Wilmington. Del, Sept. 22.-Last
night an audience that filled the audi
torium here to its utmost capacity, sit
ting and standing, became wildly dem
onstrative over a speech by William J
Bryan Mr.. Bryan was presented by
l. Irving Handy. Democratic candidate
1or congress introducing him, Mr..
Handy referred to Major Mckinley and
there was an Outburst OF cheering in
terrupted with grOans and Kisses.
Mr.. Bryan's reception was f1attering
IN It's enthusiasm When he finished
ms speech he went on a platform on
an open square and addressed the large
crowd composed of thousands unable
to gain admission.
Here he said: Ladies and Gentlemen:
II don't believe our people can travel
as cheaply anyhow as our opponents
can during this campaign, so your can
otuate comes to you.
i want to tell you how we believe
the work ought to be done and then
you can decide whether our way is
your way. The treasury department
is an ample part OF our government.
II has to do with our financial system
and ask your attention to two feat
ures OF the question.
First. What use shall we make of
the silver dollars already in existence?
Second, shall we have any more silver
dollars put into exfstence2 In the first
place our silver dollar is not redeema-
bic in gold by law. Our silver dollar
and private, unless a contract express
" excludes the silver dollar Our gov
eminent has the right to pay every coin
obligation in either gold or Silver, when
ever the government desires. Gap
plause.) Furthermore this government
has now no gold obligations except gold
notes and for every note there is a gold
dollar in the treasury ready to pay it.
I'h1s government has no gold bonds.
This government has no paper out
standing excepting the gold notes for
which gold can be legally demanded
What use shall we make of the silver
dollars2 The Chicago platform de-
clared the silver should be used just as
the gold dollar.
IF you viii turn to the language of
John Sherman in 1873. when he was
secretary of the treasury, you will find
that he admits that the greenbacks are
legally redeemable in silver. If you
viii turn to the Matthews resolution,
passed through both houses in 1878 YOU
viii find that resolution expressly de
clares the United States has the right
TO pay all coin obligations in either
gold or silver. If you will turn to Mr.
CarliSle's testimony before the com
mittee on appropria tons of the house
OF representatives on the Hst day of
January, 1895, you will find that Mr.
Carlisle admits that by law the govern
ment could redeem green backs and
treasury notes in silver, but Mr. Car
Isle said in his judgment it would be
unsafe for the government to exercise
that right because other secretaries of
the treasury had established prece-
dent. and that precedent was the note
holders would be permitted to desig-
nate the kind Of payment instead of the
government I lay this down as a
ground work because, my friends, the
issue of 1922. 900 900 of bonds was un-
necessary Those bonds were issued
simply because the secretary refused
to exercise the rights given by law and
he preferred to settle a bonded debt
upon the country. More than that, my
friends, not only has the secretary of
the treasury issued bonds to the extent
of 1852, 600 to buy gold when the ne
cessity for buying gold could have been
avoided by the use of silver. Not only
have those bonds been issued, but there
is no end to the issues OF bonds If this
system continues and the Republican
party proposes to continue the same
financial system which has cursed the
country for the last 25 years. Gap
plause)
sion of the recent bond issues He
quoted statistics to prove that q large
percentage of the gold provided to pur-
chase the bonds recently issued was
Withdrawn from the treasury for that
purpose previous to the issuing of the
bonds.
In unmeasi1red terms he denounced
the bond syndicates which he charged
with the manipulation of the treasury
for private gain He declared that II
a private citizen conducted MS own
business that way his relatives would
have secured a guardian to take care
After charging that there had been
q conspiracy against the treasury or
the government, the nominee said: II
some petty individual who did not nave
q high financial standing were to try
to beat the government out OF 500, they
would put him in the penitentiary and
make an example of him. But If
man tries to beat the government out
OF 5000 600 he becomes patriot ana
deserves to be the chief guest where
treasury officials are banqueted. do
not believe that the man who manages
the financial business shout be the Dos
ON friend Of the cOnspirators who new
er lose an opportunity 10 bleed the peo-
pie. CApplause-) 1 do not say TINS 10
secure the support of the Morgan syn
dictate G.aughter) L know when l
say il that I put myself in the ranks or
anarchists Applause and laughter-)
Who is an anarchist According TO the
syndicate, the man who believes in the
Declaration Of independence, that all
men are created equal and stand alike
before the law. (Applause.)
who is the patriot and statesman
According to J. Pierpont Morgan, he
who believes the masses were made
with backs to bear the burdens and the
few were made to ride upon the backs
of those who toll. (ApDlauSe.) The
people of this country desire a govern
ment which is no respecter of persons
but which deals as heavily with great
transgressors as with the petty crirni-
nal, and which will not confer special
favOrs upon the few people who con-
troll legislation for private gain. Gap
piause.}
If you believe in this government in
that way, you have a right to your
thoughts at the polls, but if you believe
II is safer to trust the destinies Of the
country to the great syndicates and
corporations, American and European
then you have an opportunity to so de-
eide this fall. I know there are people
people are able to govern themselves
without the aid Of these barnacles that