The Irish standard., 1896-08-08

~ S By NV I'D !,i!gI
ton said }5sS5
The recent events, instead Of bringing
me to believe in the single gold Standard,
have had quite. the opposite result. ss55
| In his address to the legislature OF Me-
braska, as late as January Is. 1885, Senator
Thurston said: ga 81
WE ARE NOT REALIZING FINAN-5
CLAL PROSPERITY UNDER THE Elk.
IsTING GOLD MONOMETALL1sM,
AND TT rs WORTH OUR WHILE TO
TRY THE EXPERIMENT. OF a Re-
TtIRN TO BIATETALLISM. 8 y u
To, the great debtor class Senator
Thurston will say, as he said in Madison:
Today the one great promise is that
the man who is in debt can pay his indebt-S
edness at half price. Sop and think, you
! men who owe $1,000 on your farm sor. on
your house, when 1t Is due. Your mortgage
is from two to three to Ave years. The
mortgage, Of the ordinary man in this
| country is coming due in two or three
years When that mortgage comes due
free silver Is coined and the mine owners
have built a pile Of American dollars until
its apex reaches the eternal stars. When
that mans mortgage is due how can he
get $1.O0 out Of that pile? How Will ne get
81 600 out Of that pile? He can only get
1t The same way he gets It now. He can ~
The mortgages OF this country cannot
pay for their mortgages in day.
In hts letter to Mr.. Burrows in july,
1899, Mr.. Thurston spoke Of the oppression
Of the debtor by the .appreciating god
standard:
{ Every debtor must work harder to sell
more property to meet his obligations:
than he otherwise would.
/ At such times, too, the millionaire gam
blers on Wall street can so corner GIL
the cash in sight as to jeapordise the credit
of everybody else. s,ts
A stringent money market closes many
shop door and robs thousands Of honest
men Of an opportunity to earn their daily
bread It fosters combinations and trusts
it destroys competition. 1t makes the rich
| richer and the poor poorer.
On the othe hand, with plenty Of money
in circulation, the interest rate falls, debts
can be more easily paid, credit is restored
trade revives manufactures increase,
communities flourish and labor is in de-
mand: All this happens without injury
to anyone.
OF THE WEST, DEMAND THE FREE
AND UNLIMITED COINAGE OF SILL
YER
Senator Thurston will picture tonight
how free coinage will drive gold to pre-
MUM, and how the single gold standard
will benefit labor.
It is only short time since Mr.. Thurs
ton wrote: \
MY present position Is quite fully set
forth in q letter addressed by me to George
Gunton, editor Of Social Economist, New
York city. on July Z, 1898. a copy of which.
hereto attach.
buy gold at premium to settle our for
eign balances with than that the Anaeri-
can people should be compelled to pay
higher prices in human labor and human
endeavor for dollar because of the adop-
ton of the single gold standard. IF THE
UNITED STATES OPENS ITS PORTS
TO THE MANUFACTURED PRODUCES
OF CHEAP LABOR ABROAD AND
SUBMITS TO THE DICarATION OF
THE GOLD MEN OF EUROPE, GOD
PITY THE LABORERS, MECHANICS
AND PRODUCERS OF AMERICA.
Senator Thurston will tonight eulogize
the project to take the currency issue
from the American people and put it
safely on ice in an interna tional com
mission on the other side of the ocean.
In his interview in the Omaha World
Herald June II, 1894, Mr.. Thurston said:
THINK I ONLY DISAGREE WITH
SUCH REPUBLICANS AS EX-PREsI-
DENT HARRISON UPON THE QUEs-
TON AS 10 WHAT STEPS OUGHT TO
RE FIRST INSTITUTED TO BRING
THE COMMERCIAL WORLD BACK TO
THE USE OF BOTH GOLD AND Sill
YER HE BELIEVES THAT 1T MUST
BE DONE THROUGH A MONETARY
CONFERENCE WITH THE GREAT
COMMERCIAL POWERS IN MY
JUDGMENT THE UNITED STATES
CAN SAFELY TAKE THE Initial
I'VE BY. PROVIDING FOR HE COIN
AGE OF IT'S OWN SILVER, AND. I
DIT, A
ITS PART WOULD, WITHIN A COM
PARATIVELY SHORT. TIME, DRIVE
THE OTHER GREAT COUNTRIES OF
THE WORLD TO SIMILAR ACTION,
AND SPEEDILY PAVE THE WAY
FOR A MONETARY CONFERENCE,
AND SILVER AS THE MONEY OF
THE WORLD AND FIX THE RATIO
FOR, GENERATIONS TO COME.
In his speech tonight Senator Thurston
will eulogize the single gold standard and
denounoe birnetallism. But in addressing
the state legislature, which elected him
to the senate, he said, in 1895:
AM IN FAVOR OF AMERICAN b.
UNITED STATES SHOULD LEAD THE
WORLD.
My position upon the American silver
question has been thoroughly understood
by the people Of the state, and ACCEPT
MY ELECTION BY THE CITED VOTE
OF TILE GREAT REPUBLICAN MA
JORITY IN THE LEGISLATURE AS AN
ENDORSEMENT OF MY llNTE-ELEC~
TON DECLARATION IN FAVOR OF
COMING THE AMERICAN PRODUCT
OF GOLD AND SILVER INTO HONEST
DOLLARS. To those who fear the effect
of the American silver coinage, have this
to say: WE ARE NOT REALIZING FL
NANCIAL PROSPERITY UNDER Elk
listing GOLD MONOMETALLISM,
AND IT rs WORTH OUR WHILE TOT
TRY THE EXPERIMENT OF A RE-
TURN TO BIMEALLISM.
-
Change of Locations
Tim Howard, for many years one Of the
best known and most popular dispensers
Of liquid refreshments at Hudson, Wis.,,
has, removed to Burkhardt, ST. Croix
county, where he is at present engaged
1t. NS,,A, II,