The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-09-13
THE SALT LAKE HERALD, SUNDAY, SEPTEMBER IS. 1885,
age Of full legal tender silver, do not
agree as to
WHAT WILL BE THE CONSE-
CUENCE

/ age OF Iull legal TenQef silver, 90 not
/ agree as to
WHAT WILL BE THE CoNsE-
QUENCE
of the adoption by the United States
4 OF their favorite measure. The more
intelligent know that it is impossible,
/ by law, to give to silver bullion, or
! silver coin, a local value in the United
I States and, therefore, Mr.. Bryan, who
must be regarded as the official inter-
prefer Of the free silver dogma, as
serts his belief that the unlimited coin
age of legal tender silver by the United
States alone would increase the value
of silver bullion, which is today 81
cents per ounce, to $1.29 and he as
serts his belief that under unlimited
coinage the silver dollar, containing
Ape grains of standard silver coined
by the authority of the United States
would be Of equal acceptability and
value with the dollar containing 20 $40
grains of standard gold in all the mar
kets of the world.
1t is something that this opinion has
no support in the experience of man
kind. 1t is enough for present purposes
to say it has no foundation other than
the confident assertions Of those who
share in that belief. No party in the
country
EVER UNDERTOOK so MUCH
as do the advocates of the unlimited
coinage Of silver They not only
undertake to maintain commercial
parity in value of about $434. SOP 041
silver dollars, coined by the United
States under authority of the acts Of
the 2Sth of February, 1878, and of July
IA, 1890, and of all the silver dollars
that thereafter may be coined, but they
assume the task of advancing the value
of the silver coinage of all the nations
of the world to an equal acceptability
and value with coins of gold. If the ex-
pectations of such of the advocates of
free coinage of silver are realized it
would be difficult upon their own
premises to perceive what would be
gained by those who expect cheap
money.
Accepting their claim that under free
coinage the dollar of silver would be-
come of equal acceptability and value
and equal power in the markets, and in
the payment of debts throughout the
civilized world, the silver dollar would
then be as difficult to procure as the
dollar of gold is now. They complain,
now, that the dollar of gold has too
much purchasing power and is too diff
ficult to obtain.
BUT THE REAL EXPECTATION
of the great body of supporters of the
free coinage of silver and one much
more in harmony with the experience
of mankind, is that the unlimited coin
age of silver would give to the country
a deprecated and cheaper dollar which
would enhance nominal values and be
used in the payment of debts, but
would be attended and followed by the
ruin Of all industries, the destruction
of public and private credit, and ire
parable mischiefs.
Our platform commits us to the main
tenance of the Democratic faith. Many
of our associates, deluded by deceptive
sophistries are supporting a coalition
which disavows the traditional faith
of the Democratic party. The best We
can hope for them is that they may be
defeated, and when defeated, they may
return to the safe paths that they have
heretofore trodden.
When Senator Palmer had concluded
and the applause had subsidized, the
audience sang a verse Of "Old Ken
lucky Home" Senator Palmer was
presented with three American Beau
ty' roses as he took his seat.
Colonel John R. Fellows of New
York was then brought forward and
introduced by Mr.. Bynum as the speak
er to notify General Buckner.
Colonel Fellows never showed MS
great oratorical powers to better adj
vantage, and his speech held the audi
ence from beginning to end.
GENERAL BUCKNER
made a fitting response and was given
a rousing reception. He closed as fol-
lows: atr
"Mr. Fellows, I accept the task i'm
posed upon me by the National De-
mocracy. It was unsought by me, and
further than as one who be-
lieves he is a patriot, and is willing
to devote the few remaining years Of
his life to the interest of his country.
tremendous applause) Not only do
accept the charge imposed upon me,
but acknowledge the right Of Democr1-
cy to place its members wherever it
chooses. 1 obey their mandate and
bear the flag which, through you, they
have placed in my hands under our
leader"