The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1896-08-22

Of silver: and I want 10 say one thing
10 you-that not one of these professors
In foreign universities. not one OF these
economists whose name and fame are
worldwide. and not one OF those great
financicrs who have given days and years
OF thought 10 this subject, not one, ana
nobody except the leaders Of the modern
Democracy and Popnlism, has ventured
TO advise his own country Ia Europe 70
undertake that task alone. tApplause)
The question Is this, and nothing more:
Shall the United States. alone, under
take the free and unlimited coinage OF sii-
yer at a ratio Of rs 20 /? "a few cries
Of yes" and mo" and repeated cries OF
MOI Now, see you gentlemen over
there who called .sycs," and you gentle
men here who called "no," shows the
difference Of opinion upon this subject
uaughterl, and 20 you over there VINO
come TO listen 20 me. you viii listen dis
passionately, you will digest my argu-
ments, and l hope finally that by the
time you have done so thoroughly that
you will be inclined 10 shout no with
the gentlemen who responded when you
responded. Cheering and applauseJ
Now, LET us be entirely good-natured
about this. / am going 60 try TO give
you the facts. and ! repeat II, the Issue
IN whether the United States shall at
tempt 10 do that thing alone, In the
face of the controlling fact that every
civilized commercial nation upon the face
Of the earth. except the Central Amer
lean and South American states, years
ago and before we did abandoned IL ut
terly. And II / shall succeed In con-
vincing any of our friends that we are
not In position TO do IL without iniicting
upon the country and upon us all injuries
which IL will take a generation 10 re-
pair. l shall be more than rewarded
for the pains that ] have taken. the OBJ
servations that | have made, the studies
have gone through and the reflections
which have brought me TO my present
convictions. (Applause)
Shall We Go Backward or Forward?
Shall we, for our own interests stand
along with those nations with which we
have classed ourselves and who arc lead
ing the march of humanity. or shall we
go with Mexico. South America, China
and Japan, the rearward half OF the
great army of human progress, and join
those imperfect and rudimcntary ciyiliza-
tons, which are an peculiar demonstra-
ton that no nation ever undertook alone
the coinage of free silver that did not de-
prive itself Of gold entirely. tAppauseD
And you have but 90 glance upon the
map of your school boy or school girl,
your little son or daughter, TO see the
fact recorded there for the education OF
youth. TO know that every one OF those
nations stands upon n lower scale OF
progress than the nations which have
declared the policy upon which the Unit
ed States now stands.
My fellow citizens. the warnings Of his
tory are all against it. The present eN-
amplcs Of nations who singly are endeay-
oring 20 sustain themselves under a single
standard forbid us To enter upon yoy-
age upon, ! was going TO say, untried
waters, but no, upon voyage which we
can plainly see other nations are making
NJ the present time. where we can plain
~ view rocks of distress. the shoals and
quicksands Of their course from the Sc
cure mainland upon which the American
people now stand. and from which our
opponents are attempting To lure them
10y false lights and false alarms. Gap
plause.D
Now we have got 20 take facts exactly
as they are. We are not dealing with
glttering and glowing generalities. We
are administering society and human con-
Germs: society. being perfectly concrete.
infinitely practicable somewhat selfish.
and | am going 10 appeal 90 the selfish
ness Of this audience TO know whether
they will assist In bringing about that
which think | can prove viii result
from the arts of the gentlemen who are
attempting 10 mislead them.
Now. my friends the world Is divided
Just as sharply as II is by oceans and
mountain chains. between the gold coun-
tries. who employ concurrently with gold
more silver money than all the silver
countries contain or circulate. (Ap-
plause) say that the gold countries
OF this world. including the United States
land | call them gold countries for the
purpose not Of definition. but Of clear.
ness of cxpressionl employ and circulate
more silver than all the silver countries
/ make another proposition. | appeal
90 history aud 10 contemporary facts
which no man can dispute, that every
free coinage country il on n silver basis
Isn't that so? Cries of "Yes'D | make
another statement for Won 10 think Of.
for ! am not going to elaborate It'll nm
going 10 get into the figures pretty soon
every gold country uses silver and gold
IN amounts nearly equal by money na-
tions. Isn't that SOP Cries of "Ycs. -
Isn't that so in the United States?
Cries of "Ycs.O In France? Voices
"Yes.") | make another statement for
your calm and cool reflection. that no sill
yer standard country has any gold mon
cy whatever. (Applausel Don't take
my word for IL. Go and investigate this
subject. | say that no silver country has
any gold money whatever. and YOU can
search from Mexico 20 Cape Horn and
find that this statement is correct.
AnOtnPr Stntcincnt-and | make IL IN
on sense Of my responsibility after an
exhaustive examination Of statistics. in
vcstigations and records-that In every
silver standard country wages are pressed
down 90 the very minimum OF n wretchcd
subsistence. II is so IN Mexico. il is SO
in Janan. II Is So I'm South America.
say that in every silver country wages
are pressed down 10 the very minimum
of wretched subsistence.
Tho Reasons.
Now n u Is true Il will not GO into
the reasons for I'D. hut If il h tis.., as n
concrete, absolute fact. that no silver
country. no country which has adopted
the silver standard has any gold circuln-
ton whatever. | say that IL follows that
the only practicable himctallism on the
planet IL by the nations with which the
United States has classcH itself and II
IL this himctallsm In the United States
which the new Democracy and Popu-
lism are endeavoring 10 destroy by sub
shutting q silver recommendation IAN
plause.) The bimctallism which this
| country and the nations Of which / have
| spoken enjoy is the himc,allism az foct