Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1896-07-24

long as | live, and that Is, that one o
the duties OF the Government is to
put rings in the noses of hogs.
Iaughter.) And, my friends, when /
say this, | mean no reflection upon
anybody, because we are all hoggish
) Uaughter.)
DOLLARS GROW FAT.
1 want TO admit for the silver miner
Am not one, never was one and
never expect TO be one-I want to ad-
NIT that he is selfish and likes to see
silver 60 up, just as well as the farmer
likes to see hogs grow fat. The farmer
keeps his hogs in pen. goes out and
looks at them and sees them growing
fat. He is selfish. But we do not
condemn him; it is natural. Some
men keep their money in pen and
they 60 and look at it and see it getting
fat. do not believe that iinancier
who watches his dollars grow fatter
every day is any worse than the farmer
who watches his hogs growing fat
But he is as apt to enjoy the sight.
They object to any man who owns
mine saying word about silver. They
say he is selfish and only wants silver
used because it brings him a profit.
May not the financiers have a selfish
interest in the legislation they advo-
cate? Our financial legislation has
been controlled for twenty-five years
by gold men, who have reaped where
they did not SOW, who have been able
to gather in more than they are en-
titled to, who have been securing a
dollar OF ever.increasing size.
A NATION IN PINT POT.
Now you will have to restore silver,
my friends; there is not enough gold
to do the worlds business with. My
friends talk about the supply of gold.
You might as we'll try to clothe a man
in the garment of an infant; you
might as we'll try to feed a grown
person upon the food of child, as to
attempt to supply great nation with
the money that was sufficient for
small nation. 1t is only four years
since Mr.. Sherman said we required
about fifty millions year to keep pace
with the population, and population
is not the only factor to be considered.
He considered it required something
like fifty millions then. Where is it
coming from? They repealed the
Sherman law and have not added
other money to the circulation. The
national bank circulation is less than
it WAS a year ago. But some say that
we have enough money now and do
not need any more. They remind me
of my fatherin-law's assurance. When
I was married he said: William,
while have we shall not both of us
want" cloud laughter)
THEIR QUEER TEST.
Yes, my friends, while they have
plenty all will not want. What do
some OF them know about lack of
money? A man who has full pocket
does not always sympathize with one
who does not know where the next
meal is coming from. What is their
test OF plenty2 Why, interest is low,
they say; therefore, money must be
too abundant. 1t has been shown,
over and over again, by the advocates
of bimetallism that a low rate OF
interest may be, because with an ap-
preciated dollar, all enterprise being
| improbable, there is no man who can
afford to borrow money. Money stays
in bank idle, the rate of interest is
low, and yet they all tell US that is
proof positive that we have plenty of
money in the country. (Applause)
We are gradually, throughout the
world, approaching the gold standard.
Every step OF the legislation for the
last twenty years has been to increase
the demand upon gold, and as it in
creases the demand upon tit is a
natural law, the law of supply and de.
mand = it increases the purchasing
power of each dollar. And what is
the result? Other prices fall.
THE GOLDEN STAIRS.
My friend tells you that the gold has
not risen; that dollar has not ap-
preciated. l need not discuss that
question with him. will point him
to the Royal Commission OF England
and to the Monetary Commission of
Germany, which admitted that gold
has risen. point him to any man
who is not interested himself in the
appreciation of money, and he will tell
him that the value OF the gold dollar
has risen.
WORSE TO COME.
We think we have had hard times.
We have only commenced. Just
few nations have demanded gold The
result is that gold has been made
more precious and misery is on the in
crease. What will be the result
when we drive India to the gold stand
ard and her 25O.OOO, 900 OF people reach
out after their share of the worlds
gold? What will be the result when
we drive China to the gold standard
and her almost countless millions reach
out after their share OF the gold? We
simply put the worlds gold on an
auction block and the people stand
round and bid. (Applause)
LABOR WILL NOT SUFFER.
My friend says that the laboring