The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1896-10-09

continued from First Page.)
now then assert that it is better to
let this country get out of our own
mountains the money than to go
abroad and borrow money to be paid
afterward with interest. Applause.
But they ask us how we are going to
get hold of this money even if there
is more. 1t is very easy question
to answer. 1t is true that you can
not get money unless you have some
thing to sell, but it is just as true
that every producer of wealth has
something to sell, and the price that
he gets for what he has to sell de-
ponds upon how much money there
is to buy what he has to sell. GA
voice, that's right" and applause
When a man asks you how you are
going to get any of this money un-
less you have something to sell, let
me give you a question to ask him:
Suppose [ have something to sell ;
how am going to get anything for
it until find somebody with money
to buy what l have to sell? (Ap-
plause.)
Money is the creature of law. You
must first create money before you
can distribute it, and if you stop its
creation you stop it's distribution.
Whenever you legislate down the
quantity of money you legislate up
the value of the dollar, and when
you legislate up the value of the
dollar you legislate down the value
of those things which exchange for
dollars. (Applause.) And the eff
feet of the financial policy under
which we have suffered has been to
make a dollar so dear that in order to
get it you have sacrificed too much
of the products of toll. applause
They talk about changing the yard
stick. My friends, they have chang
ed the size of the bushel measure,
and they compel the farmers to work
double time in order to fill the bushel
measure that used to be filled by
working on single time. applause. J
And when you destroy the pros
perity of the farmer, then, my
friends, the manufacturer is unable
to sell for want of customers. Our
opponents say, "Open the mills. y
What is the use of opening the mills
until there is the ability to buy what
the mills produce? applause.
The work of opening the mills is a
useless work, because unless you
can sell what the mills produce you
simply have the pleasure of closing
the mills again. (Applause.) When
you destroy the power of the people
to consume you destroy the power
of the people to sell goods for con-
sumption. When the farmers find
that falling prices leave them moth.
ing for living expenses, then the
merchants find that their customer:
disappear, and they cannot collect
the bills for goods already sold
(Applause.) The gold standard has
destroyed the power of the farmer
to buy goods, because it has taker
away the value from the things
which he sells, and that paralysis
of industry, beginning on the farm
has found its way to the factory, anC
when you take from the storekeeper
the labOring men and the farmer, al
customers, you summon the sheriff
to close his door and sell his good
at auction. (Applause.) 1 read ,
pamphlet published by a Buffal,
banker, in which he said that upol
the prosperity of the business mar
depended the prosperity of tn,
farmer and labOrer. daughter.
My friends, there is no person il
this audience but knows that tn,
proposition stated by the Buffalo
banker is false. Instead of tn,
| farmer and the laborer depending
for prosperity upon the business
fro,.;-,,ol - c,ao~..l n