The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-08-16
E
The New Yorker Talks to a Large
Audience i'm the Evening.

The crowd at the meeting tonight was
the largest ever seen at a political gath
ering in this city. Every foot of seating
and standing room in the immense tent was
occupied. Previous to the speaking the
Columbus Glee Club, famous in political
campaigns, stirred the enthusiasm with
campaign songs. Lieutenant Governor a.
w. Jones presided and made a brief speech.
in which he characterized the Democratic
national platform as one Of anarchism and
bankruptcy. He said the Democrats stole
the Populist platform in order to be ad-
mitted to the Popuiist church, and charac-
terized Watson as one of the horns of the
Democratic dilemma. In introducing the
speaker of the evening, Hon. Stewart l..
Woodford, of New York, he paid a high
politics. Mr.. Woodford's speech was re-
markable for its logic, and created a very
strong impression. He introduced his adj
Thomas Ewing, with whom he held joint
debates in Ohio during the ~greenback agi,
the wisdom of resumption, he said. Ohio
then voted against imitation and for re-
sumption. and he believed the result in
Ohio would now be for making the silver
dollar as good as the gold dollar as 1t
voted twenty years ago to make the prom
issory greenback equal to gold. Our minis
are open to-day, he said, to the free and
unlimited coinage of gold. without charge
and without restriction, except as to weight
| and nneneSS. Inc democracy demands tne
free and unlimited coinage of silver at the
ratio Of 16 to /. In this demand they are
supported by the Populists. The Repub-
lican party pledges itself to promote an in.
ternational agreement for the unlimited
coinage OF silver, but insists that until
such agreement can be obtained the exist
ing gold standard must be preserved. The
Democracy demands that the legal-tender
paper shall be redeemable in coin. And the
Peoples party demand that the volume OF
circulating medium be speedily increased.
Continuing, he said:
Honest fulfllment of .Populist. pledges
would put us on d paper basis, redeemable
where no civilized land in the world is to-
day. 1t would be a currency of soap bub-
bleS. redeemable in soap bubbles, afford
ing no basis of foundation for any SUPER
structure Of business. farming or labor:
and compels speedy and continuous in
crease. And such increase has always
ended in population. The world has had
Within vnf { e eSe iast two q Rund dopdpi years finances
In referring TO the issue of s24l ,o0o, 900 of
paper money by the American Continental
patriotism nor courage could keep this
continental money aioat. But one thing
coin. That one thing the Continental Con-
gress did not try, and the entire CONT
mental currency was repudiated. This is a
hard word; but ii is truthful. That money
had paid our forefathers for their winter
marches in the snow of Valleye Forge.
Nation. Our forefathers had not The wise
dom to redeem or attempt TO redeem this
currency in coin. and 1T was repudiated.
In March. 1850, Congress-. by decree. au-
thorized silver to be received for this legal
tender money at the ratio of l to 40.
That was much better than l6 to /. In
December. 17S0. they had abandoned any
attempt TO redeem it at any ratio or in
any manner. IT was dead and unburied:
not keep the iegaI,tender national money
of the revolution at par with coin. is it
honest or wise for US to attempt the ex-
fathers? Are we more patriotic than our
fathers? Are We more honest than our
fathers?
MIR. Bryan is the candidate of the Demo-
cratic party and of the Populist party. The
Democrats declare just as do the Populists
shall be issued by the government. Here
their agreement with the Populist party
stops. The Democracy declare that such
legal tender paper shall be redeemable in
coin. BY no possible Interpretation of the
Populist platform am 1 able to find either
purpose or willingness on the part of the
Populists to redeem such paper in coin
The difference. if honest. is radical Cour-
tesy requires US to believe that the differ
ence is honest; l state this for
you may fix it in thought. The Democratic .nsiie
path and the Populist path here should
p pa r5s s Amd Il n oorn t pses,ss are Wn honest adss those %r
Bryan stand? And which flag does he fol-
low? The fiat? The .Populists trust Mr..
read the Democratic platform with its
promise OF payment in coin and yet they
who believe in constant and increasing is
sues of irredeemable paper believe in Mr..
Bryan. The fact is there is cousinship be-
tween the silver dollar worth So cents and
the paper dollar worth nothing. 1t is a
ccuisinship OF depreciation. The silver
dollar Is just Il cents nearer nothing than
is a gold dollar. And the 20 cents of fiat
and of nothing Is the ligament thai binds
the Populists and Democrats together"
Brief speeches were made by Senator
elect Foraker. Congressman watson. Judge
4. w. King. OF Youngstown, and Hon. EN-
NETT Tomkins. Of this city.