The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1896-09-24

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ara as 1t is being advocated to the
American people at this time. (Ap-
plause.) And yet the Republican party
Is appealing to church people to take
Their place upon the side of the gold
standard. How things have changed
In the last eighteen hundred wears.
Look at the people who are at the head
OF the gold standard propaganda in
the United States. Look at the bond
holding class aud the money changing
classes, the brokerage classes of New
York who are trying to tasten gold
standard upon the people of this coun-
try, not openly but secretly and in
disguise and then turn back Is hun
dred years when the meek and lowly
Saviour drew the same kind of people
out OF his temple because they had
made his house den of thieves, great
applause) and then think that these
people come and appeal to the minis
ters of the gospel and the church pa
per' to save them from the wrath
to come. daughter and applause)
My friends where ministers of the
gospel denounce the great mass oe the
people who stand behind free coinage.
when these ministers have denounced
these advocates Of free coinage and
have taken their places upon the side
OF these great aggregations of wealth,
remind them that when the Saviour
was here it was the common people
who heard him gladly, the very people
whom these ministers to-day call anar-
chlsts and socialists. Great applause. }
My friends, when [ find-tilere are not
many of them, but they are quite con-
splcuous-When / find these men cast
ing their lot upon that side and ex-
haustlng abusive language in their de-
scrlptlon OF the great masses of the
people of this country, l feel like say
ing to them that if they will take their
chances with Dives, [ will risk my
chances with Lazarus. Great ap-
plause.) This money question is a
question which concerns every one of
you, and you have a light to consider
what has been done and what will be
done and decide whether you want to
support the present financial policy or
not.
"Remember that in this campaign,
those who are in favor of the Republi-
can ticket want to be sure that they
will have a President who will carry
out the plans and policies of the present
President Of the United States; GREAT
applause), and what is the present pol
icy? The Democratic party in its plat
form has denounced the issue of
bonds in time Of peace. It has de-
nounced the traf1icking with those
syndicates which save the ma
tons honor from time to time at a
very high price. daughter and ap-
plause.) The Populist party and the
silver party united in this denuncia-
ton. Did the Republican party in its
platform denounce the bond issue? No,
my friends, and why not? Because the
leaders Of the Republican party have
always supported the present financial
policy all the way through, and there
fore they cannot now array themselves
against it. And do you know how that
financial policy has been carried out?
Such is my confidence in the American
people that l believe that if they knew
what has gone on, and understood what
will 90 on under the operation Of the
present financial policy, they would
rise in almost unanimous protest
against it. Let me call your attention
to wha has been done. The law pro.
vides that the Secretary Of the Treas
ury may redeem greenbac and Treas
ury notes in gold and silver. The
Secretary of the Treasury has the op
, ton. you doubt it you can rea(
, the testimony of Secretary Carlisle
, given before the appropriation com
, mittee Of the House on the 2lst day OF
, January, l sos.
There he was asked why the govern
ment should not exercise the option
3 and he explained that it had been thu
} custom for some years to let the note
2 holders have the option and if the Sec
l retary were to change the precedent
= not the law. the administrative polio,
= would in his judgment work grea
| harm; admitting that the law give
} the right and declaring the admlnlstra
: tive policy for years had been to sur
L render the right given it under the law
: 1t means that the United States Treas
e ury is at the mercy OF those who desir
: to draw out the gold and force an issu
of bonds. 1t meaus that Instead Q
c having the amount OF bonds deter
| mined by the taxpayers OF this country
5 the amount of bonds will be deter
. mined by those who want to buy bonds
: the svndicates which want to profit by
I -, a.
5 possible When Mr.i Carlisle issue
e the first fifty million dollars of bond
= he asked for bids, and he st%'ed tina
y only gold would be received tor thos
: bonds. Suppose man had gone int
It the Treasury department and said
9 him. Mr.. Secretary, | have thousan
: dollars in greenbacks and Treasur.
II notes. | want to buy a thousand dol
it lars worth of bonds;' the Secretar
y would have said to him, L can't Ii
l. you have any bonds for greenbacks an
e Treasury notes 'Why?' the ma
1t would say, aren't these greenback
l. and Treasury notes good:' Yes, the
o are good for some things, but not goo
" to buy bonds with, these bonds are i
ID sued to get gold and therefore yo
t must bring gold here or you can't g
st bonds If the man wanted bonds |
J. could simply say, All right, IT yo
ID won't give ne bonds for these greer
o backs and Treasury notes, l will d.
e mand their redemption in gold TIL
, Secretary would say, All right. that
d what we are here for aud hand
II out. The man would saw, DO | Nj
d derstaud you have some bonds yo
&c want TO sell ior gold:' Yes Wei
Of here is the gold, now let me have IL
y bonds (Applausc.) Isn't thatn ain
J. pie operation. That is the subatan'