The Butler weekly times., 1896-07-16

gold, have been used to dip the gold
out Of the Treasury of the United
States and to store it in the strong
boxes of the war lords of Europe.
Instead of reviYipg business, this
folly has further depressed it. In.
stead of increasing wages.this policy
has further decreased them. Instead
of multiplying opportunities for em-
ployment. this policy has multiplied
idlers Instead of increasing the
prices OF our produce, this policy
has lowered them, it is estimated,
about II per cent in three years In
stead of restoring confidence, this
policy has banished confidence. In
stead Of bringing relief, it has
brought years Of misery, and for
this reason it has contracted the cur
rency of the United States 81 head
for every man, woman and child
since November l, 1898, and with
this vast aggregate contraction the
price of land and manufactured
goods and of all kinds of agricultur-
al and mechanical produce has fallen.
The public revenues have fallen,
wages of labor have fallen, ,and every.
thing on the face of the earth has
fallen but taxes and debts, which
have grown in burden, while On the
other hand, the means of their liqui.
dation has been diminished In the
meantime, gentlemen, commercial
failures have progressed with de.
vastating effect North, South, East
and West in this nation The divi-
dends on bank stock haye shrunkeD.
Three fourths of the railway mileage
OF the United States is now in the
hands of receivere, and the country
has received shock from which it
will take many years TO recover.
INTERNATIONAL AGREEMENT.
Yet in this distressed and con.
tracted condition. the new fedged
monometallists ask US to declare for
a gold standard and to wait for re.
lief upon some ghostly dream of an
international agreement. But the
people now do we'll know that the
conspiracy of European monarchs,
led by Great Britain, has purposes
Of ACKNOWLEDGEMENT to subserve in
the war upon American silver money,
aud stand in the way of such agree
ment To their credit they seek to
enhance the purchasing power OF
thousands and millions, which is
owing them all over the world. and
which you owe to them. They draw
upon the United States Of America
for their food supplies aud raw ma
terial-wheat. corn. oil. cotton, iron
lead and other Like staples This
they seek to get for the least money
Besides, Great Britain has large
gold mines in South Africa and
South America, and by closing the
silver mines has greatly enhanced
their products and their values.
| Recent British aggression il
Venezuela in the settlements ot
South America was moved by The
desire to possess more Of these gold
mines and by monopolizing the met
a. as far as possible,to assert BRITISH
commercial supremacy over The
world. No nation calls itself free
and independent that is not crea,
enough to establish and maintain s
financial system Of its own. (Great
applause
| To pretend that this, the foremost
richest AID most powerful nation o.
| the world can not coin It's own mon
ey without Eueing for an information
al agreement at tie courts of Euro
pean autocrats, who have none bu,
| primary interests to subser7e. has
for many years been held out al
every presidential election. The,