The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-03-05
MKINLEY A SILVER MAN.


the fact that the goldbug organs Of
New York City were accusing Major
Mckinley of being, at heart, a silver
man. The Evening Post has proved
vehement in its charges, citing not only
speeches and Incidents, but calling at
tention 10 the fact assumed or other
wise, that Major Mckinley since his
candidacy had been very chary of ex-
pressing any opinion touching the
monetary problem. That paper now
fishes up from the proceedings of con-
greSs Of June It'll, 1890, speech de-
livered by Mr.. Mckinley. The speech
purchase act. Mr.. Mckinley declared
that the silver purchasing act was but
a makeshift along the line of comprom-
iSe, and that he only supported it as
such, supported 1t because it was In the
direction of a fuller recognition Of sill
yer and because 1t proposed to utilize
the entire American silver product,
tending in 50 far to put it on a parity
with gold, the parity, Of course, being
Is /, as the very minute the parity
was once again affirmed that that IN
slant we would have the free and IN
limited coinage of silver. Among
other statements made by him, in that
speech, was the one that "it is that the
money We provide for the people shall
be absolutely safe, stable, and unvary-
ing in value, and shall not depreciate
In the possession Of Its holders, for it
must be borne In mind that, whatever
may be the money we authorize, it will
affect the value OF ell property, Of
every transaction, every investment,
every days labor"
The closing sen fences Of that speech
are more particularly objected TO by
the goldbug papers. We warned the
house against the heresy of fat and
the financial wrecks, commercial revo-
lutions and bankruptcies which would
sweep the land IL an unsound and ficG
tious money were reSorted %, declaring
that gold and silver being inherent
values were only safe for redemption
values, that they were alike sound and
staple and the only real standard, max
ing the money based upon them alb
solutely safe and secure and each Of
equal purchasing power. He closed
his speech with the sentence that
whatever may be our views about this
point or about that point touching this
whole subject Of silver, We get by this
bill the use of our entire silver pro
duet. and We make thar product into
money that is safe in the hands Of the
people and will be good for all times,
wherever and by whomSoever held.
Mr.. Speaker, no man should hesitate
between the millions a month that We
have now and the four and 4 half mil
lions a month that we shall have under
the proposed law. We get an increased
volume Of money, with safety 10 the
government and the citizens. Pass
this bill and what do we have: An
increase Of 100000 annually of cir
cuiauon TO Ice put out among the peo-
pie and into the avenues of business.
Vote against this bill and in my judc-
ment, You vote that there shall be no
legislation upon the silver question al
this session of congress. That i what
| fear il means. We know we cannot
have free coinage now, except n the
manner as provided in the bill You
know you could not have il when Won
were IN the majority in this house.
You know you cannot get it now. You
do not mean 10 get IL Therefore. I say
that 10 defeat this bin means 70 defeat
all silver legislation and leave Is with
two millions y month only. when by
passing this bill We would have four