Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1896-09-18
HIS COLLAR CAPTURED.
How Fresh Young Man Was Brought to
Grief.

LOW u EreSn Dung MAN w us Drought 10
Grief
Raleigh, N. c.. Sept. ia stop of ten
minutes was made by William J. Bryan's
special train at Burlington, where Mr..
Bryan addressed 1900 people, including a
large number of cotton operatives.
AT Hillsboro several hundred persons
gathered around the train and heard a
few words from the candidate. young
man riding a mettlesome horse was con-
spicuous in the crowd by the golden deco
rations of his animal and his person. The
word Mckinley" was stamped on the
horses collar and let the people know he
was for the republican candidate by
shouting for him. Some of those on the
Bryan special made raid and captured
the horses golden collar. AS the train
drew out the young man was seen franti-
cally shaking his fist after it.
The train was in charge of Col. Julian
carr of Durham who had stocked it with
eatables and other things for the benefit
of the candidate and the members of the
states escort and the train was slowed
down just after leaving Hilsboro to LET
Mr.. Bryan see Occoneechee farm, Col
onel Carrs country place. The train ar
rived at Durham at 5:15 At the stand
where the speaking took place several
thousand people cheered Mr.. Bryan to
the echo when he appeared. He made a
snort speech, frequently applauded and
left Durham for Raleigh at 610.
Speech at Durham
In Durham Mr.. Bryan spoke as fol-
lows:
Mr.. Chairman, Ladies and Gentlemen:
The time given for a speech at this place
| is very limited and can occupy il I'm dis
cusslng three questions raised by our op-
ponents against the free coinage of sill
| yer.
In the first place they tell us that the
| value OF silver bullion has fallen because
| OF overproduction. They refer to the
| fact that the annual production of silver
has increased more rapidly during the
| last twepty years than the annual pro-
| duction of gold, and this, they saw. ex-
| plains the fall in the value of silver bull
lion as measured by gold. Let me an
| sWer that argument by calling your at
| tention to the fact that during the last
five years of the twenty years before
| mentioned the worlds annual production
| of gold has increased more rapidly than
| the worlds annual production of silver
| During the last five years the value of
| silver has fallen more, when measured
| by gold, than during any five years in
| the history of the world If you want to
| explain the fall in the gold price of silver
| by taking twenty years, how can you
| explain the still greater fall In the last
| hve years, during which gold has in
creased in production more rapidly than
| silver?
| This one fact demonstrates that YOU
| must look elsewhere for the cause of this
| apparent fall in the value of silver
Where do you find 1t? You find 1t in leg
| islation and not in production. Price de-
| ponds upon supply and demand, and il
| you increase the demand the effect is the
same as II you increased the price. Leg
| islation has decreased the demand. In
dia suspended free coinage of silver. The
| United States stopped the purchase of
54,000000 ounces of silver year and our
administration has been hostile to silver
| and has thrown discredit upon 1t as a
standard money. All these influences
| have combined to destroy the demands
| for silver, and of hostile legislation and
not natural laws We must complain. We
/ could not cure natural laws. We can cure
| vicious legislation, and we believe that
| the opening of our mints to the free COIN
| age of silver will restore a demand suffi-
| cient to take all the silver that comes
| and thus raise the value of silver bullion
| to $1.29.
| There is one point to which wish to
/ call your attention. You are told that
| the decrease in the cost of production
has affected the price of silver. I call
| your attention to the fact that there has
| been decrease in the cost of producing
| gold and yet gold has risen In value.
! They tell us that improved machinery
| has come to lessen the value of silver
| Improved machinery has been applied
| to the production of gold and 1t has not
olLecteu tHe purcHdSiUS power OF an
| ounce of gold. The price of gold and sill
| yer does not depend upon the cost of pro-
| duction. The price depends on supply
| and demand, and no matter how much
| the production falls If the supply does
| not increase as rapidly as the demand
| for 1t the price of 1t will rise.
another point: They tell you that
| you cannot legislate two metals together
| because of their varying productions,
but they forget that when the govern
| ment stands ready to take all the geld
| for certain price and all the silver at
| a certain price and convert those metals
| into money at that price and ratio 1t be-
| comes immaterial whether you produce
! one ounce of one or ten of the other or
reverse the proportions. There cannot
be change affected in the ratio until
the government fails in it's ability to con-
sumo or rather take and utilize all of
| both presented"
/ At Faieish.
North Cardinals capital city had Will
! liam j. Bryan for Its guest for two hours
tonight. Mr.. Bryan arrived at o'clock
with Governor Carr and others ana was
met at the Southern railway station by