Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1896-09-19

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the ,epu blicau party had held tina,
good dollar was good everywhere
and at ali tunes. and bad dollar
WAS bad everywhere and at all times
The republican party did not believe
that this nation alone could restore
silver. III the nation. said the speak
er, can restore silver under 16 to We
had better adjourn and go home and
vote for Bryan in November 1t was
contended that IS to l means repu-
diation. dishonor and the lowering nt
this country tn China and Mexico.
We shouid hesitate before we debase
coin. There is no prosperity excep.
in honest money; il is like the credit
of n man in n community. 1t is the
foundation of all business. II Mr..
Bryan is correct in his proposition.
then you have got two dollars abroad
among the people. but if he is not.
We will have one lying, thieving,
dishonest dollar. The London mar
ket, he held, controls the price of
silver, and it can cost no more in
bulk in one part of the world than
in another. Bryan asks the people
of the country to undertake the task
on the part of this nation alone
of lifting and doubling the price
Of the silver of the whole world.
The silver question is mathematical
question that appeals to common
sense. Can the people by single
act double the price of all the silver
of the world? The speaker held that
at one time Bryan had been hi
guest, and they had sat up half the
night talking on the silver question,
and Bryan had said he knew he was
right because he had studied the
question very hard. Yet the SPEAKER
said he replied that study did not
always make question right; that
there was n primary principle to he
learned and correctly understood
Bryan had asked him what the pri-
mary question was back of the silver
matter. to which Mr.. Northcott said
he replied that the simple principle
was that no law could create value.
This doctrine. he said, had always
been the doctrine OF the American
people. Ii we had free coinage to-
day we would have a ilucsua.inp
silver dollar-changing in value ac-
cord'ng to the London qno tations
No law in all the history of the
world ever added one cent value to
the bullion in the coin. /, caunor
be done. Mr.. Bryan's theory that
silver could be lifted up to parity
with gold was one that had
been exploded time again, but
once in SO often it up to
veN the people No governmental
fiat can create value. Money
has two powers, debt paying pow
er and purchasing power. The
government can wipe out it's debts,
but the purchasing power OF its
money is regulated by the question
OF supply and demand. Money is
ike the blood in the body; it must
be pure and it must circulate. The
value OF money is not so much in its
Gu intity and its nature a. it's activ-
~. That is what makes its value
Ninety per cent Of the business OF
this country is done on credit. What
We want is to have money circulate.
do you want to know how to do this?
Elect Bill Mckinley president and
start the mill to running under b
protective tariff
A Difficult Undertaking.
Then came the most distressing
part OF the speakers undertaking. 1t
was his attempt to disc' arge the
duty OF unfolding the head of
the state ticket. MIR. North
colt had known Mr.. Tanner IL years
aud had. he ventured to declare, al
ways found him square and honest.
he told OF the offices Tanner had
held as evidence that he should have
more, and OF his purpose to give the
state a good administration.
Mr.. jackson then asked for a little
more music as soon as possible. and
the band played "Rastus on Parade. "
Inc chairman introduc d Col.
Rjalmar Kohler, OF, Moline, as one
VINO the people would vote for again
| thIs 1alI, quite natural conclusion
IN the general sense-but for
wonder the NJ .lineite is not
running this year-and the colonel,
VINO had been at his home in Moline
al day preparing fer the event oil
the evening, removed his ulster and
came Harvard. He apologized a,
the outset. He was, he asserted
placed in an embarrassing position
He had been told tina. the meeting
was 10 stop at 10 o'clock and hers i,
was 40 minutes past 10. He was re-
minded OF the Irishmsn down in The
we'll when the top fell In on him-hs
was "spachless There had beer
too many good speakers put ahead o
him and he did not propose to speal
now. lie retired, aud the chair
asHea ior mother selection in lieu o.
kohler's speech.
Ana the cruel band played "Th,
New Bully"