The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1896-08-28

snAn cneap money whether OF coin or
paper. That dollar Is the best dollar
snet 1uya the largest quantity OF food
xn9 clothing. That dollar Il the kold
ing than any other dollar ard win aIsc
buy silver dollar for s. cents. II the
coinage OF silver 10 made free At Inc
RADIO OF 10 to ] OF gold. Experience mas
shown that the United States can make
the silver dollar buy az much AZ the
goid dollar. but Il can only be done by
the government buying silver bullion AZ
needed and colnlng Il into dollars an
government account. This has been
tried. Every country OF Europe. except
possibly Russia, republics and mon
arches alike. maintain the gold stand
ard and silver coins at parity with gold
y even less ratio than the United
States, and now Russia has boarded
over $4o0. 10000 Of gold In preparati
for the gold standard which she viii
adopt 80
We have now In the treasury belong.
ing to the government over 1900, 900
silver dollars represented by certifi-
Gates and also silver bullion costing
over til6.o00,0 900 In treasury notes In ae-
tive circulation and maintained al mar
With gold At the ratio OF Is to l. The
< frNe coinage Of silver IL an Invitation.
not only 70 American miners, but 10
all miners or holders OF silver In the
world to deposit their silver In the mints
OF the United States and TO receive In
exchange therefor n silver dollar for
every 4lz1 grains OF standard silver de.
posted. But that silver IL worth In
the market only 50 cents. Why should
we receive this bullion from the owners
OF silver mines at nearly double its
market value when we have such vast
hoard in the treasury. which we hold
with difficulty at par with goid7 The
only object and effect Of this measure
win be to degrade the dollar, TO lessen
Its purchasing power nearly one-half, TO
enable debtors TO pay their debts at S.
cents for dollar and to cheat the pub
lie creditors who hold our bonds II
this policy should be adopted the United
States viii take Its place among the
nations Of the earth as a bankrupt clos
ing Its business at So cents on the dollar.
There is another element OF meanness
In this free coinage Of silver. The Unit
ed States has always paid Its bonds In
gold coin or its equivalent. In the dark
est hours OF the civil war we stipulated
TO pay our bonds. principal and interest.
In gold, or Its equivalent. All OF the war
debt has been paid In this way. A por-
don OF It was paid In bonds bearing
lower rate OF interest, but We exacted
from the purchasers Of these bonds gold
coin or It's equivalent even while our
notes were below par In coin. About
$si7. o00. 900 OF these securities are now
outstanding. OF which s2s20o0. 900 was
sold by this administration and paid for
In gold coin. II Is one OF the objects OF
those who advocate the free coinage OF
silver TO force the government to pay
these bonds In silver coin reduced in
value. It Is harsh to express this opln-
ion Of q measure favored by many good
people, but cannot regard II In any
other light than both as fraud and n
robbery and all the worse II committed
by a great, rich and free people. A cit
lien who should commit such an offense
would be punished by the courts or de-
nounced as dishonorable. but nation
like ours IL beyond the power OF any
tribunal but conscience and God.
Now, fellow-eitixens, ! have said all
desire to say at present on the free
coinage OF silver. have the confident
hope that the great body OF the Repub-
lican and Democratic parties represent
Ing the conservative elements OF our
people will stamp their rebuke upon
serve intact the honor. the credit and
glory Of our great country. This matter
Of the free coinage OF silver and the
degradation OF the standard OF value
involves not only questions Of money,
but Of honor and good faith. When their
honor Is involved. the people never fail
to respond. They have complied with
every promise and paid every debt con-
tracted since the organization Of the
national government, as II became due.
They have paid four-fifths OF the debts
contracted during the civil war. and the
prospect was hopeful that all OF II would
be paid before the close OF this century.
but this reversing our standards OF
value has, like the fire bell at night.
startled and alarmed our people. Let
us settle 1t by following the action OF
Washington. Hamilton. Jefferson. Ben
ton, Hunter, Lincoln and Grant; let us
maintain silver and gold at par with
each other At the legal ratio OF l6 10 l
until q conference among nations can
prescribe common standards of value. In
the meantime. let no act be done. no
policy be adopted. no expedient resorted
10 that Will tarnish the honor OF this
great republic.
speech was followed with long contin-
ned applause and after 1t had subsidized
Governor Bushnell arose to
INTRODUCE sENAToR-ELEcT
FORAKER
Mr.. Foraker was greeted with per-
feet ovation as he arose. Cheer after
cheer rang through the enclosure and
cries of '.No rebel fiags, Grover" were
heard loud above the tumult. II was
some time before the demonstration
ouleted sufficiently for the speaker to
begin his address. and he was inter-
rupted at frequent intervals. with min.
eied laughter and applause throughout
his speech.
Senator Foraker's Speech.
Senator Foraker then spoke as fol-
Mr.. Chairman. Ladies' and Gentlemen
Il am not behind Senator Sherman In
the matter OF having prepared speech.
But Il is not my fault that have 1t In
that form. The newspapers nave
habit OF requiring US. when we make
opening speeches. as they call them. 10
write them out beforehand and send
them to them. in order that they may be
in type before they are delivered. have
compiled with that requirement. II u
not my fault. as have said. that dld'
but that Is all they can require OF me.
want you to know have made that
kind OF q speech. and now am going
to make such speech as feel IKE
making. Applause and cries o. Si ssm u
IKE to have you read il. Increased
laughter and applause.l But II you DO
not, II will never be read. (Renewed ap-
plause and laughter).
Now the first thing want to say to
you Is, that the thought that has been
uppermost In my mind as have been
sitting here this afternoon looking out
on this audience and listening TO the
magnIficent address that has just been
delivered (cheering). the thought, say.
that has been in my mind is, why Is
Il that we have to have any meetings
at all this year? Continued cheeringl
Why Is It that Senator Sherman must
come here. and with the Thermometer