The Providence news. (Providence [R.I.]) 1891-1906, 1896-08-26

least confidence gets off with the money.
How are you going TO restore conf
dence I'm the United States by legislating
value out OF the properly upon which
notes rest? You have tried IL, and you
have found that bankruptcies have In
creased year by year. and the only peo-
pie who have prospered are those who
own investments payable In dollars, or
money, that they are making out OF the
extremities OF the government. III you
want To restore confidence you have got
TO restore prosperity TO the great masses
OF the people, and talk as much about
good property as they have been talk
ing about good money. Money can be
too good. Ii can be so good that you
can long for 1t and pray for 1t, but can
not get hold OF IL.
Remember that whenever you make
money dearer. when you increase its pur.
chasing power, you have simply driven
down the value OF other things. assert
again, that without the aid of the money
owning classes the gold standard would
not stand for one day In any nation un-
der the sun. i assert that behind this
gold standard In this country, the only
potent force consists of those who hold
fixed investments, and those who as
brokers profit the greater by greater
bond issues. They tell the laboring men
OF this patton that they ought to support
gold standard The laboring men have
never found the financiers OF this nation
the men who have eKerted themselves 10
improve the condition CT the laboring
man. AS rule, the men who have spent
their time trying TO break down labor
organizations-the only protection that
the laboring man has had-these are the
men who now come to the help OF the
laboring men. i ask you II you ought to
expect blessings from those from whom
you have only received cursings in the
past?
I notice that one of our opponents the
other day said that the old soldiers would
be opposed to free coinage. They gave
the impression that the fipanciers are
very much interested in maintaining
gold standard for the benefit of the SOL
diers, but these men forget that the
soldiers know that during the war the
hnanciers made their bonds payable in
gold. and left the soldier 10 offer his life
upon the battlefield. More than that
i do not believe that the soldiers who are
willing TO offer their lives, II need be, in
behalf OF their country, are today going
to join in a conspiracy 10 enslave 10000
600 OF free people by lettering them 10 q
gold standard.
Our opponents, at least some Of them,
have been appealing TO the ministry. ]
have noticed some OF these advocates OF
the gold standard have said that
the teachers in religion should favor
the gold standard, because their
salaries were so small that they
did not want them reduced. L must
confess that there is one argument
which they might make that would ap.
peal TO some ministers, and / give IL 10
you for all that il is worth The gold
standard makes hard times. Hard times
drive men out of employment. Idling IL
conductive to crime. Therefore the gold
standard, by increasing the amount OF
crime. increases the demand for min
listers TO put down immortality IL there
is any other reason why a minister
should favor the gold standard, 1 have
not heard OF It,
L challenge you to search in all the
pages of history for a single instance
where the mass OF the people were ever
benefited by legislation that increased
the value Of the dollar in which debts
had to be paid. out opponents some
times tell us that this silver sentiment is
disease. II is not disease. The sill
yer sentiment is the outgrowth Of a con-
dition. and you cannot destroy the senti-
ment until you have remedied the condi-
ton out Of which that sentiment arose.
i can retaliGte upon our opponents and
tell them that this gold standard idea is
disease. 1t is the new yellow fever.
But there is difference between the new
yellow fever and the old yellow fever;
the old yellow fever killed the people who
had the fever. The new yellow fever is
death TO the people who do not have the
fever.
How can you restore bimetallism? Our
opponents tell you that our policy would
disturb business. We tell them that
business is already disturbed. They
tell us that If we succeed in this
election there will be an interim OF
a few months before we can put
our policy into operation We tell
you that IL they succeed there will be
four years interim before they can put
their policy into operation.
You say you want to stop agitation.
How are you going to stop agitation so
long as you have no fixed policy? What
is the policy OF the Republican party on
the money question? 1t is TO wait until
some other nation tells us when we can
act for ourselves. How long will we
have to wait? If our opponents succeed
in this election, can they give us any as
surance as To how long ii will take for
elgn notions to help us restore conf
dence? There is no assurance. The sue
cess OF our opponents in this campaign
simply means four years more Of agita-
ton, and then the trial OF the remedy
which we ask you TO give. We propose
that this agitation, which has lasted for
20 years, shall culminate now in the
restoration OF the gold and silver coin
age OF the constitution. That is all we
ask, and there is no other way by which
you can stop agitation.
You say you do not believe in the ratio
Of 1G to 1. I tell you that whether YOU
believe in that ratio or not. II you be-
neve in bimetallism you have got ia
cast your vote with bimetallists, and not
with monometallsts. We believe that
this nation, without waiting for the aid
or consent of eny other nation. is able
by opening it's mints 10 free and un-
limited coinage at 16 TO /. 20 create a de-
mand for silver great enough TO absorb
all the silver that will be presented at
our mints and, by so doing. maintain
the parity between gold and silver at the
ratio of l6 TO 1. / appeal to you to Join
with us, II your Judgment sustain that
action, I'm trying TO bring back 10 the
people a monetary system, which they
had, and would have had until now. but
for it's being struck down i'm the night
without discussion before the American
people. When this has been accom-
plished other things will be possible
Until this is accomplished no other thing
Is possible.
Concerning Cuba.
London. Aug. 2GSThe Post. IN an