The pioneer express. [volume] (Pembina, Dakota [N.D.]) 1883-1928, 1896-08-07
way into circulation, and then busl-
ness will be prosperous. But I say
business will be prosperous when

OOEl0& man GQaL mas worked ana mas
been given some of that money-he
loses his labor unless that money is
worth as much as it was the day he
received it. But they say there is not
money enough. Isay there plenty,
plenty; I wish I could get 1t. We
don't lack money. The banks have
got plenty Of money; certain portion
Of the people have money. We are
lacking collaterals, that is what we
are lacking. You can get all you
want on call In New York at II and 2
per cent; and do, you know why you do
not 60 and get it? Because you have
not got the collaterals; and il we are
going to pass law on this subject I
would like to have Congress pass q
law furnishing US collaterals. But 1t
will not do; there is no foundation to
it. When the money gets outfit has
all got to be paid.
GOOD MONEY.
Call it "flat" money-call it what
you please; the reason that a gold dol.
lar is worth dollar is, because you
can buy the results of the same
amount of labor that it took to dig
that gold dollar and to mint it, in.
cluding all the fellows who hunted
and didn't find it. Ifyou take q piece
Of paper and say that it represents IS.
or $40, it only represents 1t because
there is promise to paw that money
it is only good when you believe that
the man or government that made
the promise is good, and you can't 60
beyond it. Suppose you could blot
from your mind, and there was no
such thing as gold and silyer-what is
a dollar, just leaving gold and silver
entirely out? You have got "fiat"
bill that says it is SO, and is valuable
because it neyes will be redeemed.
Gold and silver is yalaxble Of itself!
When I take a 80 gold piece and 60
to England, have to sell it the same
as I would a bushel Of corn, and all
that spread-eagle nonsense doesn't
add one solitary farthing to its value.
And when a sovereign comes here from
England. we don't care anything
about the beautiful picture Of Queen
Victoria or any other girl.
1t is worth so much and no more.
But they say it is the stamp Of the
government that makes it valuable.
Why not stamp them tens, thousands
or millions, and let us all be million
aires? 1t won't do! We will never
get prosperity in that way. Slowly,
slowly, steadily and surely, our money
has advanced, slowly, steadily and
surely the world has had more and
more confidence in the industry, the
honesty and the integrity of the
American people, and to that extent
our money has advanced until it has
finally clasped hands upon an equality
with the precious metals. We are
just inside of port. We came in tenn
pest-tossed, every sail torn or rent,
and every mast by the side; and these
wreckers stand on the shore and say,
eff you want prosperity, put out to
sea once more" We don't want to
we want honest methods. No man
lives in country whose money is un-
per par, that he does not feel little
under par himself. I never took out
a bill that was at or 8 per cent dis
count that I did not feel little that
way, too. This great and splendid
Republic, with the most intelligent
and the best people in the world,-
and I say the most honest,-I want
it's promise to be as good in every part
of the world as the promise of any
other nation. I want the greenback
to be preserved; I want to have gold
and silver behind it; want it SO that
If I should go into the furthest isle Of
the Pacific and should take out
greenback a savage would look at it
and his eyes would glitter as If he
looked at gold. Then you feel like
you are somebody; like you had a
great and splendid nation, and even
that old flag would look better i'll
every promise of the United States
had been redeemed. And you never
know how much Won feel like that I'm.
til YOU 60 to foreign country. When
I was there few days ago, I just hap
pened to see that old flag; 1t looked to
me as IL the air had just blossomed
out. want to feel that man IS cap.
able of governing himself; and that q
republican government is the very
acme and height of national honor.