The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1896-07-09

no outstanding obligation in tho United
States except tho small sum of sH0loOj0 Of
gold certificates which are Specifically payo-
bic ia gold and thoy. of cuurse. should he SO
paid AN OF our specie obligations are paya.
ble in coin which means silver or gold at tho
government option or in silver src ciihcally
aud only
There is more silver aud paper based upon
silver in irculatoa to-day than there g. OF gold
or paper based on gold and that tie gold dol
lar is not the unit OF value is demonstrated by
the fact that no gold dollar pieces can now,
under our laws. be miutcd. ~ we should go
upon the gold standard we must change tho
existing bimotali, standard of payment ot all
public debts, taxes and appropriations, saving
alone those specially payable 100 gold. AZ we
have twenty billions ot public aud private
debt it would take morl th1u thrsc times all
the gold ia this country To- pny even one years
interest upon &C. We should be- compelled here.
after &, contract the curran'y hy pa ing of
! s5W,OO LOlJ of grccnbacks and sherman notes In
gold which would nearly exhaust the entire
American took in and out of the Treasury and
! the same puicy would rcqu re- the S}it0W,0O0
Of silver certificates should bee paid iu gold
/ also as foreshadowod by the present draft upon
the country stock Of gold
Free Coinage the Remedy.
"This mel ns an increase Of tho public debt by
S01OWo0l with tho prospect of S5i4,0lO00
more. The disastrous consequences of such
policy are appallingiy contemplated and tho
only alternative suggested is the free coinage
/ Of silver at the r.tic ot 10 to lappausol and
/ the comple eto restoration OF our hereditary and
constitutional system Of American money. We
pray you, no more makoshifts and stra ldles
/ Yex not the country with your prophecies Of
/ smooth things TO c1m5 from the Brltsh-Re-
publican propaganda. Applause The fact
| that the European nations are going to the
/ standard renders ~ cil the moro impractical
Al o. "A. ~ q. fffI4 of
gold in the world would have a LONGER division
and smaller share for each section
/ Previous prcdiclicns have been punctually
1 rcfuted when prosperity was prophesied TO
| come upon the unconstitutional repeal of the
| sherman law. Instead o protecting the trs as
ury reserve, as was prophe4ied il would do, an
unprecedented raid was promptly made on it
and the sl8),00J,0l0 OF borrowed gold have been
linsuilicient for its Sc ,urity Instead Of causing
/ foreign coin 80 flow 20 us it has stimulated
tho flow Of gold % Europe, ami greenback
and the Sherman notes, which are just as
much payable In silver os in gold, have been
used b. Dip ths gold out Of the Treasury Of the
! United Stats and to store It in the strong
boxes OF tho Lords Of Europe Instead of 10.
yiving business this folly has further depressed
lit Instead of increasing wages this policy
has further decreased them. Instead Of multi.
plying opportunities for employment this pol
Icy has multiplied idlers Instead Of incre as.
ing the price OF onr products, this policy has
lowered them II is estimated about 1 pei
cent in three years Instead Of restoring conf
Ideace. this policy has banished confidence. In
stead of bringing reliof il has brought years o
misery and FOR this reason it has contracted
the currency Of the Omitted states - head foi
every man. woman and child, since November
I, 1873 and with this vast aggregate contraction
the pri. G. Of land and of manufactured goods
and Of an kinds Of agricultural and mechanical
lproGncts has !allen
United states self Sufficient.
"To pretend that this, the foremost riches
and most powerful nation in the world, C an
not coin ia own money without suing for an
iulcrnati nal agreement at the courts OF Eu
rope lu autocrats, who have none but primary
interests to subsorye. have for macy years beer
held ont at every Presidential election Ihel
haye made use OF such an agreement and hav,
foiied 10 aftorward We have never Ia all on
h-torg had an international agreement upon
monetary system and mono ~ the founders o
this republic ever dreamed that such an agree
ment wa essential We have had tn rec inter
national conferences In ord3r 10 obtain IL, auC
TO wait longer upon them is TO ignore DO intar
nsss of on, own people and degrade our national
ldigutr. and 20 advertise TO all mankind oul
impotence and our folly
Th concession that comes from the golC
standard men OF all Europe for tho restoration
of the donhe STANFORD is the only solution o
th, f7aacial dilficu tics that W. can find in th
ltuto x hnf ra us The dec aration Of tbs Eng
1 .sh ur,Ini e. and the French min stcrs aud th
itus- au Government which hlvi recently heo
! exn.e -ed shows that 10 ii succeeds at nll !
, vii succes againet the sinister power Of an
tocrarv which has been n-od against IT, III
create 6 cyor established by man, with NOR
ter itory and more productive energy tha
Great Binln France and Germany combined
without dependence on European nations 10
anything they produce. AMI with Lnropea
, nations dependent on much that we produce
1 ia D. caplhlc OF restoring this cons itutiona
, money system 81 gold aud silver at cquulit
S lwith cHch other (Applause And as on
| Is hcr- in i76 declared our national indepen
, dcncc to sll the world So to-day has the grea
Ddmocwii' party founded by Thomas Jefel
sol the author Of that declaration. appeare
hers in Chicago to de'lar, the financial ind'
5 lpcndcner OF tho United States Of oil othe
! nation. and to invoke an true Americans {
assert boy their 6ufiragss at the polls that on
countrl may be placed where she by right by
q lours as the frecst and foremost the mos
B prosperous and happiest nation hat owe
{ blessed the life Of mankind upon this globe
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a BAPTIST preacher at Oklahom
City stuck up his ears Sunday and u
tered tremendous bray agains
woman suffrage or the granting Of an
{ rights TO women. Too bad, too baC
! that a man so bigoted aud littl
! should be admitted to the pulpit
, this enlightened age. The noble We
! men Of America viii be marching foI
ward TO victory and equal rights Will
, he passes away unknown and unfelt