The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-04-01

of free coinage mislead you when they
say that we wish to contract the cur
reIfcy and that we
DO NOT WISH SILVER
dollars to be legal tender
Suppose there was such a law as to
allow you to make thirty grains OF
silver into dollars. or twenty grains of
gold into dollar. do you think you
would carry your twenty grains to be
made into a dollar when you could ex-
change it at the jewelers. shop for
sixty grains of silver, enough to coin
into two dollars? No, the gold would
not be coined / am here tonight, not
to fight bimetallism, but silver mono
metallism. (Applause.)
rs It the actual value Of the dollar,
or the credit of the country, when
puts the value on it, which makes the
dollar.
Thomas Jefferson. when the two
metals were made money in the United
States. found that silver was worth
one-fifteenth as much as gold, ana he
then adopted that ratio.
Now the difference which the free
coinage advocates wish to make is
so per cent They want
SIXTEEN TO ONE
when gold is worth thirty-one times
as much as silver (Applause.) l am
well aware that it is easier to captl-
vate an audience by reference to wall
street and Lombard street than 1t is
to present solid facts. Ny friend
played to the prejudices of the Popu-
lists in this district, and 1 have no
doubt that il was only they who ap-
plauded him. We ought to do better
than to play on the low prejudices OF
some people. loud applause, and
voice, 'Hurrah for Tom Watson.O
These gentlemen who wish to rob
the people have absolutely coined in
the past three years seven million s!l-
yer dollars. We have coined more sub
sidiary silver in the past three years
than in any three years since the gov
eminent began. (Applause)
The silver idea is undemocratic; 1t
is unlike Jefferson's teachings, it is I'M
like Jackson's teachings and it is I'M
like the
TEACHINGS OF GROVER CLEVE-
LAND.
prolonged applause) 1t is more
like the doctrine of Mr.. Jones of Ne
vada, Mr. Bryan Of Nebraska and Tom
Watson OF Georgia.
Have you any silver mines in Rich
mond county that you want to unload
on the government? That is why Mr..
Stewart and Mr.. Jones wait free sill
YER. l have no interest in this issue
other than as a citizen of Georgia. l
wish You to study the question before
you take the fatal plunge. 1t is not
for the good of the bondholders, but
for the constituents, for both OF US,
and they have not bond in the world.
The workingmen of Futon county are
my friends and God knows that |
in 10
and burn it than to advocate law
that would injure them. (Applause)
l had hoped to discuss the remedy to-
night, but on account of my time be-
ing cut. l will be compelled to refrain,
burt viii do so in Atlanta on Thursday
right.
The gentleman should tell you that
we have cut off $25, 900 from unjust
pensions. I'll tell you we are not ru-
lining you, and don't get frightened.
believe that if the president had only
served one term he would be reelected
and l believe if his term was over
everyone of you would bless him for
his good work for you. cloud ap-
plause) Briefly, 1 suggest to you
A LINE OF REMEDY.
1t is this: Give silver the right of way
Call III your gold under ten dollars and
let your silver be the only currency UNI
der that amount. But gentlemen, be-
lieve that the future success of the
Democratic party is involved, and the
more the question is studied, the more
the people will shed the frills and films
and see the proper policy to be pur-
sued on the financial question. 1 love
the country, my friends; love you all
Save this country from disgrace"
Mr.. Smith was loudly applauded and
several floral offerings were thrown on
the stage.
Mr.. Crisp closed the debate with
brief witty rejoinder.