Daily independent. [volume] (Elko, Nev.) 188?-1915, 1896-06-09
SENATOR DANIELS SILVER
SPEECH


Sen ator John w. Observation-Disclosures,
on the bill to prohibit the issuance
of interesting bearing bonds without
the consent Of Congress: The speech
is an able presentation Of the silver
cause and contains so much informa-
ton on the money question of interest
to the>people that we have concluded
to publish copious extracts from it.
twill pay you to read what the SEN
~stor,says. Speaking of sound money
he said: ,.
! am in favor of sound money, the
s6nhdest that the world has ever
known. 1t should consist primarily
Of gold and silver, the money of civil
ization from remote ages,s the money
of America from it's earliest period,
the money of our federal Constit ution.
the money of Democratic faith
throughout the career Of that great
party, the money, upon which rests
a vast superstructure Of public and
private debt, and the money under
which We prospered as no nation has
ever prospered in history, This gold
and silver should be standard mon
ey," as demanded by the nationll
Democratic platform Of 1892, and
should, in its language, be coined
without discrimination against either
metal or charge for mintage." This
hard, solid, sound, shining, constitu-
tional, historic, Democratic money
should be supplemented by paper
money or currency redeemable in coin.
The units Of the whole mass should
be maintained at par by having given
to each Of them parity of legal-tenber
function, and be as nearly as the art
Of man a make them of equal value.
Being myself as much for sound mon
ey as any man in the land, I deny the
right OF a few people to arrogate to
themselves the sole title of sound-
money men, and to designate those
who do not agree in their neW-fangled
British notions as "unsound." In ap-
propriating to their exclusive use
such phrases they are merely attempt
ing to fill minds with vague
and ambiguous words.
Why change the old Democratic
shibboleth Of "hard money" for the
new and specious and plausible title
OF sound money? Under analysis they
evidently mean that they will give
much sound to the ear and little
money to the purses of their deluded
followers, who, if they permit them
selves to be enticed by a catch phrase
will only show that they are grown-up
children. "pleased with a rattle and
tickled with q straw"
AL AND LABOR
The land and it's products are the
material sources of all wealth, Labor
is the means by which they are utiliz-
ed. A financial policy which contin-
uously diminishes the market values
OF land and it's products and increases
the value Of money must necessarily
make the rich richer and the poor
poorer. Such a policy must decrease
the compensation of labor just as it
diminishes it'd fruits. 1t must add to
the burdens Of all debtors and all.
taxpayers, MS debts and taxes are AZ
ed charges, and thus the masses are
compelled to discharge continuously
increasing burdens with continuous
ly decreasing resources. They must
therefore have losses left wherewitbal
to employ labor and support their
families, and, in short, they are all ON
the road to ruin.
U so-oALLED soUND-MoNEY MEN ARE
D CONTRACTION.
The ao-called, self-styled, sound
money men have been quite verbose
in telling us what they are against.
but very reticent and slow to reveal
as 20 what they are for. In point OF
fact they are not only against the free