The representative. [volume] (St. Paul, Minn.) 1893-1901, 1896-10-14
I.Dssfss5 Pare



600. 0,0, 600; while the prosperity Of the
| manufacturing section was so built up
that from the drippings OF their for
tunes they could own our newspapers
and control our politics.
In the meantime the working men,
in whose name these results had been
achieved, found themselves competing
with the pauper laborers of the old
world, who rushed into our mist to
break down the price Of labor. Our
system excluded the goods made by
pauper labor but let in the pauper Ia
berers themselves who made the
| goods. We had fictitious prosperity
which was honey-combed throughput
| with debt and poverty, and when the
crash came in 1898 the bottom fell out
OF everything.
Mr.. Holman wants to know what
| Mr.. Bryan will do to give the Ameri-
! can prosperity. The answer enough.
The reconciliation of silver will
double the price of farm products.
| This will enrich the farmers and en-
able them to pay their debts; their de-
mands will expand with their means:
| when they have some surplus capital
| on hand they will have a thousand
wants, and the supplying of those
wants will give work to the manufac-
turers of clothing, the workers in the
metals, the producers of machinery,
carriages, musical instruments, and
ten thousand other things. While
the Republicans have prated about
the value Of the American home mar
ket, they have reduced the farmers,
who constitute the greater part of
that market, to such poverty that
they have no money with which to
buy the products Of the laboring men
of the cities. Double the price of the
farmers products and every mill
| wheel in the United States will be set
in motion and every chimney of every
factory and furnace will begin to pour
outlet that will save the American
people. There is no use OF opening
the mills, as Mr.. Mckinley urges, I'M
less somebody has the money to buy
the products Of those mills.
The next point made by Mr.. Hol-
man in this religious paper is as fol-
lows:
In addition to, and as the browning
feature of, these political heresies the
Chicago platform propose the free
coinage Of silver by this country alone
at 16 to l. Arrayed against this
proposition are o. the verdict of his
tory, ~ the experience Of the leading
commercial nations OF the world, 81
the concensus Of opinion Of the prac-
tical financiers Of all countries, (4 the
opinion of many Of the foremost lead
! ers in the movement for internation-
al bimetallism, 90 the present condi-
ton of the free coinage countries Of
the world, (6) the experience Of our
own country during the period of de.
preciated paper currency, and GU the
avOWed opposition Of almost all the
tried aud trusted statesmen of both
the Republican and Democratic par
ties. Against all this weight of evil
dence we have the dogmatIc assertion
of the 'BoY Orator. that by an act of
Congress we can double the price of
silver bullion in all the markets of
the world; an assertion fifty character
lied by the London Financial Gazette
as an astounding proposition.
The reverend gentleman appeals to
the verdict Of history. This is aston
ishing. Does he not know that the
joint use of silver and gold, at an ap-
proximate ratio Of 16 to l, has contin-
ued in the world since the beginning
of history down to twenty-three years
ago, and under it the world grew,
civilization was developed and pros
perity expanded. This was the ex-
perience OF the leading commercial
n ations of the world, until the money
class. for their own profit, overturned
it, and established, in 1873. the pres
emit conditions. which have filled the
whole world, with misery, poverty,
bankruptcy and suicide! And yet this
distinguished clergyman appeals to
the verdict of history!
Then he refers to ''the consensus Of
opinion of the practical financiers Of
all Countries Who are these prac-
tical financiers? They are the money
lie nders. Their interest is to get as
much out Of the rest of the people as
they possibly can. They produce
nothing; they add nothing to the real
wealth of the world. They are simply
ppropriators of wealth. They are
the colossal EN- bodiment of greed and
selfishness.
Then he refers to the present condi-
tion of the free-coinage countries Of
the world. We answer him by point
ing to Mexico, to which there is now,
and has been for some time past, an
immense migration from our own
country, of those in search Of the
prosperity which the gold standard
has denied them here.
Then he refers to "the experience
of our own country during the period
of deprecated paper currency" This is
proba bly, an allusion to the time Of our
Civil War, and the years Immediately
following it. And yet every intelli-
gent man In the United States can
| tell him that our nation never was so
| prosperous as 1t was at that time
This country fought gigantic war,
the biggest In all history, accompanied
by immense destruction of life and
property, and outlay OF money, and it
came mt If the conflict with mnro