The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-09-24
HE SPRINGS GOV. CULBERSON'S
BISMARCK MESSAGE On y
DOVER AUDIENCE.
TOLD ALL ABOUT THE BOND ISSUES
10 the People Of Wilmingtou-lIo Used
Maj. McKinIcy's own Words to
Prove That He Told Some
Tariff Untruths.

Wilmington. Del, Sept. 2l.-Tonigh
mere to its very utmost capacity, Sittin2
and tsanding, became wildly dcmonstra
tive over speech by W. j. Bryan. Mr.
Bryan was presented by l.. Irving
uaudy. democratic candidate for con
grcss. Handy referred TO Mckinley in
his introduction. which was met with
Ulcers and groanS.
Mr.. Bryan's speech was llattcring in
lis enthusiasm. When he finished his
speech he went on Il platform in an open
lot and addressed II large crowd com
poscd If those who were unable to get
IN the hall. Mr.. Bryan will leave here
sin the Pennsylvania tomorrow morning
for Philadelphia. He will make speech
nj Chester on route.
Ia his speech tonight Mr.. Bryan said:
MIR. Chairman. Ladies' and Gentle
mcn-lt is sometimes customary to the
people who desire to see II presidential
candidate to form excursions and visit
the home of the candidate. daughter
and applausc.) But times are hard this
year and the candidate comes to You to
save the expenses of travel. daughter
md applausc.) | don't believe our pco-
Dlc can travel rs chcaply anyhow as
our opponents during this campaign.
Applause) ! want to talk to you
awhile tonight about the financial policy
Of the government. The treasury lie
partmcnt is an important part of our
government. Ii has TO do with our finan-
cial system and | ask your attention to
two features of the question. First
what use shall we make of the silver
dollars already in existence? Second,
shall we have any more silver dollars
put into existence? In the first place
our silver dollar is not rcdcemabc in
gold by law. Our silver dollar is legal
tender for all debts, public and private
unless contracts expressly exclude the
silver dollar. Our government has
right to pay every coin obligation in
either gold or silver whenever the gov
eminent desires. (Applause.) Further
more this government has now no gold
Obligations, except gold notes. and for
every note there is Il gold dollar in the
treasury ready to pay it. This govern
ment has no paper outstanding except
ing the gold notes upon which gold can
legally he demanded. What use shall
we make of the silver dollar? The Chi
cagO platform declared that the silver
dollar he used just as the gold dollar is
;ud that the government shall not dis
Criminate in favor of one or against the
I 4. ,,f Oh. al J,,,
government is able to redeem the bonds
in either gold or silver. John Sherman.
iB 1878, admits that grccnhackS are
legally redccmablc in silver. The feso-
butions passed by both houses in 1878
declares that the United States have
lhe right TO pay coin obligations in either
gold or silver. If you will turn to Mr..
Carlisle's testimony before the commit
tee on appropriations of the house of
representatives on the 2lst of January,
1895, you will find that Mr.. Carlisle adj
mits that by the law. the government
could redeem grccnbacks and treasury
notes in silver. but Mr.. Carlisle said in
his Judgment it would he unsafe for the
government to exercise that right be-
cause other secretaries of the treasury
had established precedent and that the
precedent was that the bondhOldcrS
should he permitted to designate the
kind of money to he paid in. | put this
down as II ground work because. my
friends. the issue of S2G2OOO,0OO of
3Onds was unnecessary. Those bonds
were issued because the secretary re-
fused to exercise the right given by law
and preferred to saddle n bond debt on
aha country instead of going from Gus
tom. Not only has the secretary of the
trraswy issued bonds to buy gold when
III could he avoided hy the use of silver,
hut there is no end To the issue of bonds
if this financial system continues. Let
me show what is possible under this Sys-
ten because | have so much confidence
in III" ability and patriotism of the pco
pie that | believe II clear understanding
of the manipulation of the
treasury for private gain by
the syndicate formed for the pur-
pose would open the eyes of the
people and arouse unanimous pro-
test from it. The first SJO.00O,0O0
bonds were advertised and the advcr-
tisement read that only gold would he
received for bonds. Suppose n man
had gone to the secretary With 100000
in grconbacks and said i want to buy
100000 of bonds. The secretary would
have said: We can not sell YOU these
bonds for grcenbacks or treasury notes;