The Camden chronicle. (Camden, Tenn.) 1890-current, 1896-10-23

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The Republican pary b. Ia favor of the
nee OF both gold and silver b. money. and
eohdcmna Che policy of the Democratic
administration tn lie efforts a. demouelize
SILVER -Reppblicao platform, 1883.
Hume, The historian. saws of money
we hnd that Ia every kingdom In which
money begins 10 ilow in greater abund-
ance than formerly everything takes a
new faith. Labor and industry gain lile
we merchant becomes more pniefprislnn.
lh , manuiactwafmgrC diligent and skill
Referring 10 the closing OF the Indian
illilH by ine government of India, and
the great iall Ia the price of silver which
!oiloWed, Speaker Reed said in a speech
~ 1884 We have learned from that
object lesson that the yellow man using
white money holds at his mercy the in-
dus.ry OF the white man using yellow
money"
NJ. Woloski a European Gnancier of
eminerce, speaking before the French
monetary commission la 1869, said truly:
The sum total Of the precious metals Is
reckoned at fifty milllards, one. half gold
and oue-hall silver. If by stroke of the
pen they suppress one OF these metals In
the monetary service, they double the de-
mand lor the other 'aetal, to the ruin of
all debtors"
To the declarations by gold standard
advocates that the mass of workinpmen
viii nol support Bryan and sewall, labor
makes lts own answer. NOta single labor
paper IN the United States is for Hanna
and Mckinley. There is not a single La
Dor leader of national influence who does
not speak for the cause Of democracy as
the hope OF the Wage-wof kers.-New York
Journal.
am for the largest use Of silver in the
currency OF the country. i would not dis
honor It; ! would give il equal credit and
honor with gold. ] would make no dis
elimination. / would utilize both metals
as money and discredit neither. / want
the double standard. From a speech of
Mckinley in Congress, June "A, 1890, in
Congressional Record, volume p, page
8, 447.
W. II. Grenfill, ex-governor of the Bank
Of England, says: 1.-THE fight against
falling prices and stock depreciation Is an
impossible one. Men are holding on in
hopes OF better times, but no better times
can come in gold countries where gold APP
preciates. The pitiable army of unem-
ployed must increase through ne fault OF
their own" There is no hope while gold
rules.
Right Hon. A. J Balfour, First Lord Of
the Treasury, in his Manchester ENG.
speech said "Ofall conceivable systems
of currency, that il assuredly the worst
which gives You standard steadily, con.
tinuously, indefinitely approaching, and
which by that very fact throws burden
upon every man Of enterprise, and bene-
itsno human being but the owner Of fixed
debts in gold"
Senator Sherman favored silver In
the debate on the Sherman Act in the
Senate, June, 1890, John Sherman said
u will vote for any measure that will, il
my Judgment, secure genuine bimetalliC
standard, one that will not demonetizG
gold or cause it to be boarded or exported
but will establish both silver and gold al
common standards and maintain them a
g fixed ratio, notonly in the United States
but among all the nations of the world.
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There is no hope to us from England
The following is the reply of Sir William
Vernon Harcourt to the bankers memo
rial in 1890, "You may rely upon il tina
Tier Magesty's Government will give M
countenance to any change in the fonda
mental principles of our monetary system
nor in any discussions in which they may
be called upon to take part will they adj
NIT any doubt as to their intention firmly
to adhere to the single gold standard. "
In his speech February q, 1878, in be
hah of the free coinage OF silver (COngres
sional Record volume 81, Appendix, OF
page 41) Congressman John g. Carisl,
said: "The struggle now going on car
not cease, and ought not to cease, unit
all the industrial interests of the country
arefully and finally emancipated from The
heartless domination Of syndicates, stool
exchanges and other great combination