The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1896-09-22

redeem greenbacks and treasury notes In
silver, but Mr.. Carlisle said in his judg-
ment 1t would be unsafe for the govern
ment to exercise that right because other
secretaries Of the treasury had established
a precedent md that precedent was that
the note holders should be permitted to
designate the kind Of payment instead OF
the governments
II lay this down as ground work, be-
cause, my friends tho issue Of 1852, 100000
of bonds was unnecessary. Those bonds
were issued because the secretary refused
to exercise the rights given by law, and
preferred to saddle bonded debt upon
this country instead Of departing from
custom. More than that, my friends, not
only has the secretary of the treasury Is
sued bonds to the extent Of s262, 900, 600 to
buy gold when the necessity 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 financial system continues,
and the Republican party proposes to CON
tinue the same financial system that has
cursed this country for the last twenty
three years.
"Let me show you what Is possible un.
der this system, because | have so much
confidence In the ability and patriotism of
the people that believe clear under
standing Of the manipulation of the treas
ury for private gain by the great syndicate
formed for the purpose would open the
eyes of the people and arousca unanimous
protest against IT, The first $50, 900, 900 of
bonds were advertised for, and tho ndver-
tisement stated that only gold would be
received for the bonds Suppose man
had gone to tho secretary of the treasury
with $1,000 in greenbacks and treasury
notes and said to the secretary, i want to
buy S, 600 worth of bonds The secretary
would have said, we can't sell you these
bonds for grcenbacks and treasury notes
These bonds arc issued to get gold, and
therefore we can only sell them for gold
This man would say, Well, if you won't
sell them for greunbacks and treasury
notes will just deposit the greenbacks
and treasury notes and have you redeem
them in gold Tho secretary would have
eaid, We'll, that's what we are here for
and would have given him the 81 900 in
gold. Then the man would say, DO ]
understand that you have some bonds for
sales' Yes Well, here Is your VI. .O0O In
gold, give me the bonuS.
"Do you think that can be donep 1t
can be done. Do you think 1t would be
donee 1t has been done When they Is
sued the first $5O0O0,OO0 Of bonds they
urew out sls,oOoooo In gold to pay for
those bonds and to the extent of 5000.
600 tho government had no more gold than
when 1t commenced, although 10 had
fpt of
bonds II there Is any man who cannot
understand the absurdity of that PROPOSE
tion l ask him to ask his wife nbout 1t, be-
cause there is not n wife that cannot tell
you that 1t was an idlotic transaction.
Then they issued s50, 100000 and drew out
larger percentage of tho gold than the
first time Then they made the Roths-
childs contract. There was II contract by
which this government sold to private
syndicate bonds at 1.0!ls, which were at
tha time worth 10 in the market There
Is not u private citizen who would ever DO
that kind of business, or his relatives
would have guardian to take caro- of his
property.
''They sold bonds and sent thcm across
the ocean, and before six months were up
the same bonds that went across tho ocean
at l.0ik came back to this country ana
took gold away from this country at l2o.
That Is fnsnciering. Thnt is wisdom in
financial circles. And if there is any one
here that does not SEQ that it is wise, do
not say so, because they will sny you are
an ignoramus down in Wall street That
contract contained stipulation by which
the Rothschilds and Morgan syndicate
agreed for certain length of time to do
their best to protect tho treasury of the
United States. They hired two men to
back the treasury. If this government is
going to admit that it depends for Its IL
nancial existence upon two banking firms,
one foreign md one domestic, then 1t puts
itself where those people Gun charge this
government whatever they please. am
not much of flnancier, but my idea Is
that instead Of hiring those men to let us
alone We ought to try them as they do
any other men who conspire against the
government and punish them for con-
spiracy against the country.
"If some petty individual who did not
have high financial standing were to try
to beat the government out of 500 they
would put him in the pententiary and
make an example out Of him. But If q
man tries to beat this government out OF
III, 1000 he becomes II patriot and de-
serves to be the chief guest where treasury
officials are banquetcd, I do not believe
that the men who manage the ilnancier-
ing should be tbs bosom friends OF the
conspirators who never lose an oppor-
tunity to bleed tho people. do not say
this to secure the support OF the Morgan
syndicate know when | say it that
put my self In the raiks of the anarchists
believe tho tmo has come when the Sec
retary of the treasury, instead of being In
vited before the inagnates OF Wall street
and told what he must do, ought to invite
the magnates of Wall street before him
and tell thoIn what they must do, ana
make thnrn e 70
II you believe this government should be
run in that way you have right
to your thoughts at the polls, but
II you believe It is safer to
trust tho destinies OF this country to the
syudicates and corporations. American and
European, then you Lay. an opportunity to
So decide this fall l Know there arc many
people who have not yet given up hope that
tho people are able to govern themselves
without the ala Of these barhacles that
have fSS,ektd lEelhscIVes hpph tEc bo'Si IL
r.ent Npplause) | believe new leaf
Rust Le turned over believe the time has
como when the Secretary OF the Treasury
instead OF being invited before the magnates
Of Wall street and told what he must do,
ought to invite the maghates OF wall street
before hirc and tell them what they must
do AID max, them do II. (Applause) You
nay 1t csnrot be done. Then our govern
Melt IL a failure. because there is some.
body In the government WHO Is bigger than
the government itself tApplause) You
SAY we are rot able to mahage these trusts.
Ye, We are. trust Cahnot exist unless II
Is connived at by the law makers or those
who enforce the law. You have had some
thing to DO with the coal trust. and your
coal costs you about dollar ton more
this year than last. 1t means that trusts
can go TO every tres!dc and exact an unjust
tribute before the man who sits by the fire.
side can be warm. 1t means that Our natu-
raj wants drive US i1to pen where the
men who own the trust can slaughter US al
their mercy. (App!ause)
t.A Ifaa nfHa