The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-08-21
AUXILIARY FOR THE WARD
IS ORGANIZED WITH STRONG
So MEMBERSHIP IN NUMBERS
AND PERSONNEL.
ozMUN, ANDERSON, cOUNTRYMAN,
Delivered Spirited, Eloquent, and
Logical Arguments I'm behalf of
ST. Louis Platform.

enth ward, seekers after information
on the financial question, assembled in
Albion hall, Selby and Western ave-
sound money speeches from local ora
tors who were present as representa-
tives of the Central Sound Money club,
OF st. Paul. DR.. A. J. Stone called the
meeting to order and stated briefly
that the object of the gathering was
the organization of an auxiliary
branch of the Sound Money club in the
Seventh ward
The audience was composed about
equally Of Republicans and Democrats.
The speeches were non-partisan in
character, and the applause was i'm
partially divided among the three
speakers. Every good point made a
hit" The first speaker was E. Fl.
Ozmun, secretary of the Sound Money
club After showing the comparative
value of the. two metals-go1d and sill
ver-measured by present standard, he
said the overproduction of silver would
have the certain result of driving gold
from the country Free and unlimited
coinage of the cheaper metal would re-
suit in inevitable injury and distress
to the people of the nation.
would youereduce this grand coun-
try to the level Of the other free sill
yer nations of the, world?" demanded
the speaker would you have the
United States reduced to the financial
level of Mexico, whose currency is
worth only half that of this country,
becauce it is not backed by gold. While
it is true as the free silver advocates
claim, unlimited coinage might in
crease the price of silver, it would not
increase 100 per cent, nor so per cent,
nor any such figure as the friends of
the white metal claim. On the con-
trary, think what revolution there
would be in the business of the ma
ton if the free silver idea should be-
come a law There would be such an
overturning Of the financial system
that ruin and disaster beyond concep-
ton would result. The values of COM
modities would rise, but the price of
labor would not increase in proper
ton. 1t is fact that imitation would
be ruinous to the wage Garner The his
tory of the nations financial difficult
ties in war times would be repeated.
Then the over issuance of paper money
drove both gold and silver out of cir
culation. So now, would over circula-.
ton of silver drive gold out of circula-
ton. The only plan feasible to keep
the financial current of the nation
steady and strong is not to use mono
metallic basis, as the Democrats would
have US do, but use both gold and sill
yer ais they are used today in the most
enlightened nations of the earth. Cir
culate them both. Make one as good
as the other by placing the currency on
gold basis. A plentitude of money
will not make better times More
money, cheaper money, as the free sill
yer people put it, is not needed The
business of the world today is con-
Quoted on a system that requires but
little actual cash. The system of cred
its in use enables us to get along
with comparatively small amount of
currency. Less than 5 per cent of the
money transactions of the world are
conducted on a strictly cash basis.
what we need is q currency that is
good for it's face whether in home or
foreign markets. The silver dollar of
the United States is worth a dollar in
gold to every one, Free coinage de-
prives the silver dollar of it's backing
and reduces itstvalue to it's worth in
bullion. Legislation cannot make it
worth more
M. Il. Countryman, the next speaker.
apologized for the. .semi-political ma
ture of his discussion, his argument
was so strong against free silver that
his utterances Hot only did not give
offence but We're frequently interrupted
with approving applause. THE issues
OF this campaign are the most i'm
portant that have been presented to
the voters of the nation during the
past generation" he said. "And it is
wonderful thee suniversal interest
that is taken everywhere in these iss-
ues and the demand for information
that one meets. at speaks well for the
intelligence of the voters of the ma
ton that there rs such seeking for in
formation.
There is an issue before us today
the most important that has confronted
the nation since the war. That issue
is found in this document" holding
aloft newspaper containing the Chi
cago platform. The man who wrote
or the man who inspired the doctrines
found herein, is an INSCRIPTIONS enemy
to his country and an anarchist at
heart. 1t contains an attack upon the
supreme court of the United States
because that high-minded and honor
able body decided unconstitutional a
statute passed by congress. The party
that formulated this platform, now
masquerading under the stolen ban
ners of Democracy, declares it will
destroy the supreme court and fill the
supreme bench with PopuliSts and
Socialists, if need be with anarchists
to have that law declared conStifu-
tional. For that reason, if for no other
I would not vote this ticket that now
demands free silver, no matter how
ardent my sympathieS with the Demo-
cratic party. 1T is necessary to vote
for such a platform in order to have
free silver. Another plank in this plat
form, which shoald deter every patriot
from voting forlft, relates to the in
reference of federal judges in local
issues. This is a blow at President
Cleveland and the courts of the coun-
try, for the action taken by them in
suppressing the tgreat labor troubles
OF 1894. The party that declares for free
silver is the partys that breaches such
revolutionary doctrine. Will you ac-
cept this platform for the sake of free
silver-itself a deabtful issue?
1.-THE free silver advocates say Give
us free silver and Wei will have plenty
of money. That is Ca deceptive argu-
ment. Mountains Of. money piled so
high as to obscufe the moon would be
of no use to us unless we have some
thing to exchange for it. Money is
merely a token which man can give in
exchange for his wants, or receive for
the commodities he may have to SELL
We can have plenty of money only by
watching our opportunities. by the
mutual exchange of articles, by the
giving Of labor, by helping each other.
There is no hope for the man who will
not respect the lessons that history has
taught him. The history Of the world
is that the cheaper metals that have