The Indianapolis journal., 1896-10-11

triotism revives in the hearts of men. Upon
that fact rests the hope of this Republics
future Voters are no longer cattle driven
by the party lash, but citizens obeying only
their country's call. I believe that the
American people sill answer that CALI
Mr.. Beveridge quoted Douglass words,
who said that when his country was in
peril and the liberty of the people was at
tackled. he must break party ties. He said
that even as Abraham Lincoln was elected
by such patriots he believed William Nc
kinley viii be elected. The mention OF
McKinley's name was followed by loud
cheers.
Who obeys a party's commands because
he cannot break away from the spell of
the party's name is no longer free man.
When the Republican party, emblazons on
rights j will cast it from my heart" PRO
longed applause.)
port the Chicago platform. the speaker
said they have a right to look at the char
acter of the men who dictated its provi-
sions. who are the leaders of this new
crusade of iconoclasm? Behind the party
platform are the men who wrote it, and
have. a right to ask who they are There
trine of states rights which you men who
guished with bullets thirty years ago; Till
man. prociaiming the war of section
upright character, but with the enthusiasm
of a poet and the madness of a dreamer,
who does not understand the awful conse-
quences of his words, and who is as clay
in the hands of unscruDulous demagogues;
Bryan, comparing his new declaration of
Independence with the declaration of 10
The old Declaration of Independence he
says, was maintained by blood. lie pauses
ON the brink of treason. By inference he
leaves it to be inferred that the new dec
laration of independence-the declaration of
1S96-is to be maintained by blood VIII
you follow these leaders? (Cries of NO
no, no.) Are these men to place Bryan in
the chair of Washington, to WELD the
sword of Lincoln?
Speaking of the principles advocated by
these men. Mr.. Beveridge said that while
they are unsound ignorance they have
been instilled into the hearts of thou
idea by witticism, by ridicule, abuse or
through kindly thought, that you can beat
to death an idea, no matter how errone-
ouS."
expose the fallacy of the free-coinage idea,
proceeding first with Bryan's assertion that
by the free and unlimited coinage of silver
a new demand will be created and its price
Will be enhanced.
WHY NOT MAKE 1T / TO I?
"Can you legislate the impossible? If you
can by legislation raise the price of silver
100 per cent, why should you not raise the
price of wheat 100 per cent? Why not leg
islate directly in favor of the farmer as
well the miner? Why not raise wages
100 per cent? If you can suspend the law
then you can also suspend that law in
gard to corn The law of supply and demand
fixes the prices of all things-from wheat to
whisky, boots to brains. Uaughter.) But
Mr.. Bryan has an answer ready. He can
answer anything. Bryan says that the free
coinage of silver will make unlimited de-
mand. He says the supply is limited. With
an unlimited demand and a limited supply,
he says, you can raise the price of silver.
The government can fix price by creating
an unlimited demand, says Bryan Grant
ed, for the sake of argument. Why do you
stop at 16 to |? Why not make the ratio
to /? Why discriminate against silver at
all? Why not make it a full-blood brother
of gold instead of one-siXteenth cousin?
daughter and applause) Eighteen hun,
pounds. If you coin it to l you make
it more convenient and sixteen times more
plentiful than it is to-day. II we need more
convenient money and more plentiful mon
ey, as Bryan says, why not accomplish the
whole thing at one blow? You may say
to recoin silver dollars we have on hand
Then ! 1 asked you why did not Hamilton
schoolboy knows that they had TO fix the
coinage ratio according to the relative price
world. Does anybody believe that free
coinage will create an unlimited demand
The government will not take it; the gov
ernment will not have use for it. The gov
ernment simply coins it and hands it back.
You do not get it. The government does
not get it. but hands it back to the miner.
and he had it before. (Laughter) Would
the free coinage of butter create a new de
mand for butter? Suppose the farmers
wife could take her bu1ter to the govern
ment and have it nodded into pound rolls.
f. free e. OF f. charge, Ia & and the goysrnment handed
creased demand for it? Carry it a little
farther and suppose that the government
were to mold half pound of butter into
a roll and stamp on it the words: This is
pound of butter would that make the
The only way for the government to Gre
ate a demand for silver is to buy it, and
we did that until millions upon millions of
dollars We're coined, and yet the price went
down and down. Why? The supply in
creased: When wheat crops fail what hap
large crop. then what happens? Prices go
down. There is no demand among the
American people for silver money They
have refused to use the silver we already
have. Q.aughter) If there is then de-
mand ma, for ora greater supply of silver money,
the treasury
stration of his assertion that the people
do not want silver, when he asked how
many men in the house would prefer to
nave a debt Of $1,000 paid to them in silver
than gold Not one arose when he re-
quested the answer to be given in that
way.
What the people need is more business
to circulate the money" he continued
in your body does not circulate itself The
blood of the Nation is pure to-day, but the
Bryan bacteria Of agitation has made it
NOV. so great that it will forever DESTROY
this microbe of free silver What we need
and what we will have are sense and sanity
IN control and Mckinley in the White
House. prolonged laughter and an
plauSe.)
The speaker declared that if It is true
that the free coinage of silver will not sus-
pend the laws Of nature and enhance its
value to that of gold, the result would be
that every gold dollar would be worth two
silver dollars and that the gold would he
driven from circulation. The result of the
nf flNe rrAIz1
would be the contraction of the currency
one-thlrd. But the worst feature he said
would be the f1uctuation in the ptlrcha sins,
power Of the silver dollar
w nat the value of the Silver dollar will
De nobody knows but if it Continues to 90
down lt viii buy less and less as the time
goes on, Are you willing to agree to that
proposition? Will the farmer consent -
sell the products of his soil for less thar
half what 1t will buy to-day? AltgeId Rrv
an and Ifllman tell it will be cheane,.
money and easier to get. [ have nroEed
that 1t will be scarcer and one-third harder
to get But fifty-cent dollar is not the
worst feature of the proposition. Tho
money would fiuctuate like a shuttlecock
rise and fall like human hopes Hisforv
proves that the tendency of fiuctuations fs
downward. Think of a. workfnyman ev
changing a ho f0y