Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1896-10-17
Mr.. Bailey's Speech.


ing to Alabama to discuss questions in
which we are all interested. A Texas
democrat is as much at home in Alabama
as an Alabama democrat is at nome In
Texas. (Cheers.) There never was a
time before when democrat could face
any democratic gathering in this land
and not strike a discordant note. The
time has been when man could be one
kind of democrat in Alabama and an
other kind of a democrat in Massachu-
sets, but that time has passed. We have
only one class of democrats now. For
the first time in twenty years we have
made a platform consistent with the
time-honored principles of the party. I
know some men refer to 1t as anarchy,
but those who do are ignorant. The wise
know better.
The speaker here directed his remarks
to the discussion of the coinage question.
"Shall we continue the coinage estab-
lished in 1873, or re-establish the bimetal-
lie system of the fathers?
I'VE must continue the gold dollar as a
unit or re-enact the law which stood from
1892 to 1872.
"If silver Is to be mere token, then 1t
ought to be discarded and paper take its
place 1t is much cheaper to procure pa
per to print than silver to stamp.
1.-THE limit in the silver coinage is a
subterfuge. Unless silver can be coined
on its own merits, and allowed to stand
on it's own value as money, it ought not
to be coined. 1t is too costly, l repeat,
to mine silver as promssory money. L
have no sympathy with the fiatist We
can make as good promise to-pay money
out of silver as out of gold
"Our friends think silver is good enough
for the poor, but not good enough for the
rich. If it is good enough for the lahorer,
the farmer and the merchant, then 1t
certainly ought to be
Good Enough for the Bondholder
and ne shall be compelled to take it.
(Cheers.)
be the single gold standard, or 1t must
be the double standard-silver and gold.
"I do not think the hack of progress
has been due altogether to the financial
question. There have been other agen-
cies. but we should compare our pros
perity under the one and under the 9TH
err"
The speaker here compared the valus-
ton of the various products during the
past twenty years, comparing the pur-
chasing power according to the CONNER
cial valuation of the silver dollar.
"The whole argument OF our opponents
consists in an appeal for an honest dollar.
No one will ever convince this people that
Mr. Mckinley or General Palmer, of the
Mckinley Aid society, are more earnestly
in favor Of an honest dollar than / am.
"The simple question is what consti-
IuteS an nOneSl uolldf Itedu tneii spetSh-
es, when you have time (cheers) and see
what they say constitutes
An Honest Dollar.
"They say the dollar is honest when the
material is worth dollar.-I say an hon.
est dollar is one of unchanging value,
worth the same today as twenty years
ago and will be worth the same twenty
years to ceme-a dollar which you borrow
from your neghbor worth the same as
when you pay II back. The only honest
dollar is the one that can look man in
the face and say: i never robbed aman
IN my life'i is the one that never changes
In value If the gold dollar is not one OF
this kind. it Is not an honest dollar.
"Cur friends know we are as much op-