Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1896-07-23

unconstitutional when it went be
fore the Supreme Court for tn
nrst time. 1t did not become un
constitutional until one Judg
changed his mind, and we canno
De expected to know when a Judg,
VIII change his mind. (Applause
and a voice, Hit ZEN again.')
National Banks.
Ihe income tar is just Law. Il
simply intends 10 pnt the burder
|of Goyernment justly upon Ii,
oscks u sls peop u i IL
yor Of an income tax. (Applause.
When / find a man who is not will.
ing to pay bis share of the burden
of the Government which protects
him, ! find man unworthy to en-.
joy the blessings of Government
like ours. (Applause.)
de says that we are opposing the
national bank currency. 1t is true.
Ii you will read what Thomas Ben
ton said you will find that he said
that in searching history he could
find but one parallel to Andrew
jackson. That was Cicero, who
destroyed the conspiracy of Cata-
line and saved Rome. He did for
Rome what jackson did when he
destroyed the bank conspiracy and
saved America. [Applause.
We say in our platform that we
believe that the right to coin mon
ey and issue money is a function of
Government. We believe it. We
believe it is part of tho sovereign
ty, and can no more with safety be
delegated to private individuals
than we could afford to delegate to
private individuals the power to
make penal statutes or levy laws
for taxation. Applause.
Mr.. Jefferson, who was once re-
garded as good Democratic author
ity, seems to have a different opin-
ion from the gentlemen who have
addressed us on the part of the mi
nority. Those who are opposed to
this proposition tell rs that the is
suing OF paper money is function
OF the bank, and that the Govern
ment ought to go out of banking
business. stand with jefferson,
rather than with them, and tell
them, as he did, that the issuing of
money is function of the Govern
ment and that the banks ought to
60 out of the Government business.
They complain about that plank
which declares against life tenure
in office. They have tried to strain
it to mean that which it does not
mean. What we oppose in that
plank is the life tenure that is be-
ing built up at Washington, which
excludes from participating in the
benefits the humber members of
our society. | cannot dwell long
in my limited time. Cries Of "Go
on" "Go on
Let me call attention to two or
three great things The gentleman
from New York says that he will
propose an amendment providing
that this change in our law shall
not effect contracts already made.
Let me remind him that there is
no intention of affecting those con-
tracts which, according to the pres.
ent laws, are made payable in gold.
But il he means to say that we
cannot change our monetary sys-
tenn without protecting those who
had loaned money before the change
was made, | want to ask him where
in law or in morals he can find
authority for not protecting the
debtors when the act of 1873 was
passed, but now insist that we must
protect the creditor?
He says he also wants to amend
this law and provide that if we fail
to maintain parity within a year
that we will then suspend the coin
age Of silver. We reply that when
we advocate thing which we be-
lieve will be successful we are not
compelled to raise doubt as to our
sincerity by trying to show what we
will do If we can. / ask him, il he
will apply his logic to Us, why he
does not apply it to himself. lie
says that he wants this country to try
to secure an international agree
ment. Why doesn't he tell us
what he is going TO do if they fail
to secure an international agree
ment? There is more reason for
him 20 do that than for as to fail to
maintain the parity. They have
tried for 80 years-for 80 years