The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-09-27
POSEES FOR BRYAN.
Manufa cturer Fires Questions a
POpocratic Candidates.


MANCHESTER, n. H., Sept. 26.-Amid
much applause and interrupted by ques-
lions by Rockwell Clough, of Alton, n. H.
d prominent wire manufacturer, Mr.. Bry-
an addressed a very large crowd on Mer-
rimac Common here. He said:
Fellow citizens-We are told that the
free coinage of silver will be detrimental
to those who have deposits in savings
banks. | want you people VINO have money
deposited in savings banks to remember
this. that your deposits are secure only
when the bank can CO lect the money winch
they have loaned and IL you lend money
on Western st IN land and IN, then drive down the
the securities which the banks hold for
what they owe you
Mr.. Bryan then went into a discussion of
the silver question proper. He severely ar
raigned trusts and monopoiists and de-
and added: Silver is a legal tender, ex-
cept when you contract against it. We be
lieve it ought to be legal tender and that
contract against any kind of government
money. But if our administration would
will be relieved of great disadvantages.
But instead of recognizing silver as a
standard money equal with gold in the
payment of all debts, public and private,
our Administered ton has issued bonds to the
amount of 1852 600 in order to buy gold
in order to furnish to those who make a
profit by raiding the treasury, and then
buying the bonds which the treasury is
sues TO replenish itself"
ton, n. H., started to PROFOUND lnterroga- :
tories Said he: rs that Republican adj
ministration?'
Mr. Bryan: mo. sir: but the Republican
administration will continue the same thing
and every prominent Republican indorses
that system. John Sherman says that
Grover Clevelands financial policy is all
right and John Sherman runs the Repub-
lican party Thomas B. Reed voted for
the approval of the 'Rothschild contract
when he in Congress. am not sur
prised that Republicans do not like to bear
NI, Of ha ant tlna in
hut they had chance to reDudate it at
ST. Louis, but instead of doing IT, they
eigners helped out. They tell us that
If we use silver as a standard money for
the payment of all debts of the government
that gold will go to a premium, In France
they have more silver per capita than we
have in the United States, and yet the
to be buldozed ana inundated by the
few tinanciers." Applause.)
Here again Mr.. Clough interrupted Mr..
Bryan, saying: IF you want the people
to have silver, why don't you give it to
them at the market value?'
Mr. Bryan: Don't interrupt, my friends
/ am glad to have questions asked. When
a man is defending the truth no question
can embarrass him. The gentleman asks
why we don't want silver coined at the
market ratio. l will answer it first this
way: The men who object to free coinage
at 1G to l and talk about another ratio are
not honest, because they would not have
free coinage at any ratio. Let me show
YOU there is not a prominent man in the
yer by this country alone at any ratio but
10 to l. When men find fault with 16>to
l they are putting up sham bulwark and
when YOU knock that down the" get behind
another one, because, my friends, these
men are not in earnest.
Let me answer it in another way We
are opposed to changing the ratio because
they have driven down the value of silver
bullion by one bad law. and we are not in
favor of holding it down by another bad
law NV friends. let me give you another
reason for not changing the ratio. If the ratio
were changed by international agreement
to 50 to ! instead of Is TO l. what would be
the result? You would have to recon four
billion dollars of silver into dollars twice
as large, which would be two billion dol
lars and that would mean a decrease of
one-fourth of the metallic money of the
world and raise the value of a dollar and
those who own dollars would profit by it,
and everybody who owed debt would be
plunged by 1t. and that is why the advo-
Gates of the 80 to I ratio are found among
the money owners and the money-changing
classes. Our opponents are so afraid of
50-cent dollar. SO much afraid of 1T. that
Some--the employers of labor some of the
manufacturers, are going to pay their debts
with q cheap dollar-I am not sure but my
friend is one of them-but whenever dol
lar gets cheap he can pay them twice as
many dollars. if he loves them as well after
the election as he does now. If a dollar is
worth only 80 cents, it is because prices of
commodities are twice as high, and if the
manufacturer can get twice as many silver
dollars for his goods as he does gold dol
lar now, why cannot he pay his employees
twice as much so he won't lose cent
Mr. Clough-But he won't do it.
Mr. Bryan-Then you stop telling your
employees you are interested in them Just
before election.
Mr. Clough-I am merely stating the
facts.
MIR. Bryan-You are stating what are the
facts. The employer never pays any more
than he has to pay. 1t is only before cam
paigns that he poses as a philanthropist
and tries to make his employees vote his
way Our system viii create demand for
labor. and that demand for labor will force
them TO do what the gentleman says they
would not do of their own accord. Mr..
Bryan then closed, amid applause.