Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1896-01-16

English market is down the American mafket
drops also. England is the great barometer,
| who should be the most independent people.
and the most self-supportfng in the world. are
| to-day subsidiary to these foreign influences.
be~arse of the single gold standard.
I'VE are worshiping the same fetch. We
| are idolators in the some temple under the
| emancipation. we are Immediately told not to
/ talk about silver because they will pou: their
securities upon us and bankrupt our country.
What honest man could live under Srch q
system of individual relations with his neigh
! Dor: What would you think of .otrse-f il a
! pay me my money or I'll turn out your wife
| and children before the cold and bitter wind.
| Nationally. We are in that condition. Why.
| better anything than to have ourselves
manacled and tied as we are now uuder the
single gold standard, which we told. is a
SYNONYM for commercial and national pros
pcrity.
lit is one of the chiefest regrets of my public
| life that have been forced against my in
cliDatiOn. into autagonism with the head of my
party. make no apology for saying that be-
lieve the principles of the democratic party are
necessary for the welfare of this country. and
that anything which looks towards its disor-
ganization or weakening is detrimental to the
public good
SO believing, never. never in all my life
have been encountered with much self
regret as when l was compelled to part with
the head of my party upon this financial queS-
ton and not only with him. but with my per-
sonal friend. the secretary OF the treasury,
the most cordial description
But 1t was impossible for NE to remain a
senator upon this floor with my ideas of rep
reSentation. and do otherwise than I have
done Whatever might have been my per-
sonal opinion. enormous majority of the
peonie who sent me here are the friends OF
was involved, for I have always he'd
that no constituency or Legislature could
instruct me to violate the constitution as
understood it, but on questions of policy
thev have the right. If 1 had not been in favor
of the free coinage of silver 1 would have
given place to one who could have come here
and REPRESENTED the democrats of Missouri
faithfully and honestly
The senator denied that the country has all
the money necessary for the transaction of the
peoples business. He said:
The curse of our new system to-day is that
the money is congeSted in the great centers. 1t
is not amongst the people at large. and the adj
vocateS of the single gold standard make no
distinction between falling prices and low
prices. When We have low prices in the coun-
try. it may be we'll for the poor and humble.
but falling prices constitute a curse to all
classes and all sections.
No man will invest in property when he
thinks he can buy il more cheaply the next
day or month or year. and the result is that
now. with the single gold standard. the pur-
chasing power of gold increased daily. and the
price OF everything else falling. we have falling
prices and congestion in business. Here is the
solution in my judgment, of this Whole matter.
If we had more money in circulation. and the
capitalist was forced to let go of his boarded
money and put it into investment, We then
would have prosperity uYeXampled, with the
great resources at our command.
No country can be prosperous with an in
ereasins population and decreasing es,g vol
Missouri to-day Were the people great as
that state is. rich as it is, resort. TO barter.
gcsted in the centers WhY what is the mat
ter with your single gold standard system:
What is the condition to-day: With our
enormous crops. my state can feed the world
TIE valley. of the Nile would never compete
with it. vet l am afraid that in this cold
weather they are burning their corn for fuel
they rpDpatetly do in the far west. EnOr-
nous crops and falling in values while the
eastern states declare there is plenty of money
and eXclaim: oh. what is the matter with
these hayinakers out west who know nothing
about financc:'
The secretary OF the treasury calculates
that there is 5 0i,00o000 of gold in circulation.
Where is it: I should like for any man to
spncify where that gold is We know there is
SlG.CeoOl0 in the national banks. Some Sena-
tor the other day talked about the stockings
filed with gold. l should like to see one.
should like 10 lind the Old woman of this cOun-
try. outside of Wall street. who has q stocking
full of gold. could make more than my salary
by exhibiting her as financial curiosity. Why.
Mr.. President. there is not q 3 gold piece to
the country out west. outside OF the banks.
You may address an audience of 300 or ZOO
people and ask: Is there Z man here who has
a gold piece and he can not be found. There
is not any gold in circulation. There is not
$4,000 outside of the banks and WILL street,
or the safes of gold SPECTATORS.
Senator Vest concluded his address as fol-
lows:
IL an oH tntS
question, and men must align themselves upon
one side the other. If you propose
to retain the single gold standard and the
national banks. then go to the people and
have it done. and put an end to the present
condition of diStruSt and unrest and uncertain
ty. But if. 1 believe, the people OF this
country would respond to the call of those
who. as democrats and Americans. demand
that one-half of the metallic money of the
world shall not be destroyed: that this fnan-
cial deSpOtiSm shall be struck down: that we
shall have gold and silver. the money of our
fathers. to be the money of our children. we
propose to have it done at the ballot box and
to crystalline II by legislation"