Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1896-09-22
EX-SENATOR HENRY c. DAVIS.
Continued From First Page.

In this connection, the following infor-
nation from the report of the Director of
the United States mint for 1885, concern
ing gold and silver is interesting and in
structive:
Estimated gold in the world. i,Os6. 900
Estimated silver in the world. 400 100000
Estimated gold in the United
States .......... ................ 6lS1OO,OCO
Estimated silver in the United
states ......... ................. b2o,5UO.UJO
Estimated stock of money. per capita.
in the United States last year:
Gold. IS rs Silver. IS 50 Paper. So 90
Amount of gold coined in the
United States, 1792-1S96. ...... 81, 1872 100000
Amount of silver coined in the
United States. 1792-lS96........ 6S7,OOO,OOO
Amount of gold. silver and pa
per currency in the United
States Including that in the
treasury 80. .............. 2,345, 100000
Amount of gold silver and pa
per in circulation in the
United States OBSERVATION-DISCLOSURES. 1906 100000
Money in the United States, per
capita. Qncluding that in
treasury ........ ............... 81 %
Money in the United States, per
capita in circulation. q 10
The above shows that there IS about an
equal amount Of gold and silver in this
country and in the world. The demone-
tization or taking out of circulation of
either would reduce the money about one
half which would bring on further de-
preston of business.
Until this campaign, no great political
party has declared for gold and single
standard. Washington. Adams, Hamil-
ton. jefferson and other eminent men of
the same period differed widely on many
things. but all were of one accord in the
establishment and maintenance of
double standard. Of gold and silver
The charge is freely made by Republl-
cans that Bryan's election would demoral-
ize business. injure property and affect
values unfavorably. There is nothing In
Mr.. Bryans record to cause such appre-
tension but II there was. responsibility
makes men cautious and conservative. 1t
is not the first time that a party has at
tempted for political ends to brighten the
people into believing that the success Of
its opponent would bring disaster upon the
country. During the memorable contest
when Adams represented the New Eng
land idea of finance and government, and
Jefferson was on the other side, there was
an effort on the part of Adams support
ers to arouse the same apprehension
among the people. 1t was said that JEFF
ferson was an infidel from the hills Of
Virginia. knew comparatively nothing
about finance or business. that he prated
too much upon the rights of the people.
had put forth the principle that "all men
are created equal" and If elected the bus
mess interests Of the country would suf-
fer. property would become depressed and
the government would be in danger. Not
withstandng this he was elected and re-
elected. and to this day the country hon
ors his memory. Again when the great
struggle came between the Wings and
Democrats. when Jackson and Clay were
pitted against each other. 1t was urged
by the Wings and others who favored the
moneyed interest. including the United
States Bank. that Jackson was
from the far West. did not un-
derstand the interests Of the whole
country was purely military
man. pointed to the fact that he had hung
two men without law or jury, that he had
had no experience i'm civil affairs and
said that he would usurp powers that did
not belong 10 the Executive, and that the
government would be unsafe in his con-
troll. and yet he was twice elected, ana
made model President When Lincoln
was a candidate. those opposed TO nm
used the argument that he was a Western
man. without experience in governmental
matters that he and his supporters were
sectional in their views, and under ms al
ministration the country would go TO the
dogs-you know the result. The same
fears were alleged by the opponents Of
General Grant when he was candidate
that he was purely military leader. ana
that his election would be irauBnt with
evil consequences.
I gather from these analogies that there
is nothing alarming i'm the cry OF Danger
TO property and vested rights # Bryan
Is elected. and that the statement IS IN
tended TO influence capital ana tilhlu
voters.
For campaign purposes, the Republicans
charge the Democrats with being fopu-
lists. etc. but this should have no ihiiu-
once unon the issues involved, nor weaken
marty allegiance. If the members OF any
Marty Populist or Republican. find more
70 commend in the principles of the Dem
ocratic party than in their own they
have a right to vote for the candidate Of
their choice.
The. Democratic party has existed since
the DAVIS of Washington 1t has had the
corale6Se-of the people in remarkable
degree. has been charged and trusted with
the control of the government for ABOUT
seventy years. or two-thrds of its exist
ance and the country prospered greatly
under its administration Of affairs. It fas
seen the rise and fall of many political
organizations. and judging the future by
The mast. it will continue on in its efforts
for the liberty and prosperity of the peo-
pie.