The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-09-03

driven from the use OF silver as a stand
ard money to the use of gold alone, and
every nation that joins in the demand for
gold may help to increase the purchasing
power of an ounce of gold; and every time
the purchasing power of an ounce OF COLA
shall rise the prices of the products OF
human labor will fall (applause), because
a dear dollar is simply another definition
of cheap property.
eff YOU thinH you have hard times now,
what would it be if the same influences
succeeded in driving India te a gold
standard, If they should succeed in sus-
pending the free coinage of silver in In
dia? Wait until they make gold the
standard In India. Wait until those ESQ.,
100000 OF people there reach out for their
share of the worlds supply of gold.
Where will they get it? They will get 1t
from the nations which now have it, and
they will have less. Wait until theAe in
fiuences have driven China to a gold
standard and her $4,000 900 people demand
their share of the worlds supply of gold
Where will they get it7 From the ma
lions which now have 1t, and
they will have still less than
they have now Wait until they
have driven Japan and South America
and all the other silver using nations to
a gold standard and then what? Then
you have a little chunk of gold, twenty
feet each way when melted into a cube,
and that little chunk of gold will meas
ure all the property of the world. Gap
plause) You will then have something
like four billions of standard money in
stead of eight billions, and these four bill
ions will be in shape where the money
can be cornered by the great money own
ers of the world and doled out to man
kind at such prices as the owners shall
determine (Applause,) That, my friends,
is what the gold standard means. Can
d. % ~.
United States on the side of gold alone
unless we are prepared to accept a uni
versal gold standard with all that
it means? (Cries of NO." "no. ,
If you think we cannot, If you think we
should not, If you think we must not
then 1 want you to consider your part
in this transaction.
1.-THE day on which you cast your bal
lot may determine for a few years or
forever the financial policy of the United
States. That day is the day most inn
portant that has come to the United
States In time of peace since the sign
ing of the Declaration of Independence
Great applause3 l want you to remem-
Der that when the great financial mag
nate says he must leave his party ne
cause his party has declared for the res
toration of bimetallism-I want you to
recognize that his interest in the money
question is no greater than yours. If a
foreign fleet should cast anchor upon
your shores and announce that they in
tended not to take all your prop
erty, but simply to take one-half
of all your property. what person
here would be willing to allow that fleet
to proceed without his protest (Cries of
'none'D and yet the people, who intend
to strike down one-half of all the stand
ard money of the world simply mean to
do with you and your property what the
n \
world would do If they came to destroy one
half of all your possessions (cries that's
right and I'VE won't let them."). 1t does
not matter so much in what way the in
jury comes 1t is the injury you complain
of. If you have 800 in your house, Ca voice
nobody has got that much.'D Great
laughte). l forgot that we were living in
gold standard times. Great laughter). In
order to suit our impoverished conditions,
of 500. daughter and cries of that's too
much.'O. Well 30 H. may ii be too
high yeti but i will stick to H.. Now
suppose that you had $40 in your house; it
would not make much difference to you
whether the man who took half of 1t from
you came in the day or the night; came
in the morning or afternoon, or came
when you saw him or when you did not
The important thing is you did have $40
and that you now have only S.. And so 1t
is If the financial legislation which is de-
sired by those who advocate the gold
standard results in the depreciation of
your property, if 1t results in the scaling
down of an you have and a virtual in
crease of all you owe, 1t does not matter
to you whether the man comes to you and
tells you he is doing it for your good, so
you will not be destroyed by luxurious liv-
ing or that he comes as an open enemy to
do it. Great applause)
Il simply quote what has been said by
thousands before when l tell you that the
establishment of gold as the sole stand
ard for the world means decrease in the
value of all your property and in the vir-
tual increase of all your debts. More than
that. 1t means the stagnation of business,
the paralysis of industry, more tenants
upon the farm in the place of home own
ers, more laboring men on the streets and
fewer at work They may gloss it over
and call X sound money" but sound
money means the sound of the wall of the
distressed. Great applause.) They may
call 1t Sound money If they like but
they cannot make dishonesty honest by
trying to change its name"
ISTGUNERG TnNEInENGE nErTTfRNS