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

maintain silver dollars counted in thu
ratio Of 16 10 1, at par with gold becaust
the silver dollars are . legal tender
That e not the reason At all. The rea.
son silver dollars are maintained al
par with gold II because silver dollars
and every other form Of United State
money, are redeeEnabie In gold. GAP.
plnuse.l saw that they were selling
Mexican dollars on the streets today
and thought ! would like 70 see them
I do not want 70 palm any OF them on
. couple Of them and have them here
There are two Mexican dollars exhibit.
Ing satne); bought them for one Unit.
ed States silver dollar. There are sis
grains more Of pure silver IN each oi
these Mexican dollars thap there Is III
These Mexican dollars down In Mcxi-
co are legal tender They are worth
down In Mexico, where they are legal
tender. Just what they are worth up
here in the United StatcA You can buy
In the City OF Mexico with one Of our
silver dollars two Mexican doiiars-or
practically that, few cents difference.
Why Is II? Is II because the Mexican
dollars are legal tender7 No: II In be-
cause the Mexican dollar has no ra.
deerIlcr. Great laughter and npplauge.)
When you get the Mexican dollar you
tion. That Is money. That Is the high
est money they have IN circulation. But
when you get the silver dollar OF the
United States, you find II worth q dollar
in gold, because II you want the gold
| all you have got 10 do 10 to ask for It.
That II all you ever had 10 do under Re-
| publican rule.
| able In Rofd7 Not by express deciara-
ton. But by the decisratl ton which;
| Senator Sherman read to you and SIM
liar declarations. A declaration that
pledges the government Of the United
States TO maintain the parity Of gold
and silver dollars. How can you MAIN
tain that parity2 Only by at all times
being willing and able TO pay out gold
for silver to anybody who wants 1t.
Now, have some other money here
"a voice. You are lucl<y.") Yes, ] am
lucky. There is one dollar bill (ex-
hiblting same.) That IL a certificate that
somebody has deposited one silver dol
lar In the vaults of the United States
treasury at Washington and he can
have II back again whenever some
body brings that paper. That IL not a
legal-tender. suppose, therefore, ac-
cordlng to Mr.. Bryan, we ought to find
this representing the intrinsic value OF
the silver. He says the silver dollar IL
as good as gold because II II a legal
tender. VIII somebody explain to me,
who accepts his announcement. why
this silver certificate. which Ii not q
legal tender. should be worth Just as
much as that silver dollar, or a gold dol
lar. or any other dollar that the mlnts
of the United States ever put forth?
There Is only one answer to II. and a
man does not have to live IN the country
OF the Platte to understand what IL Is
either. The answer Is that IL is the pol
Icy of the government Of the United
States and the congress OF the United
States to put forth ita pledge to main
tain that policy; to keep every dollar OF
Its money, whether silver or paper, at
par with gold, and everybody knows
you can have the golh for It That is
why 1t Is.
Now, has this beenta good policy or
not? have other pieces of money here
representing the same thing. We have.
you know. six different kinds of paper
money. do not know whether you
knew 1t or not. did not know II until
counted them and do not expect you
did. You did not know 1t because you
have never taken the trouble to find
out; and you have never taken the
trouble to ind out because you knew
the general fact and were satisfied with
It that no money. whether II was na-
silver certificate, gold certificate or
a treasury certificate. no matter wheth-
er 1t be made legal tender by law or
not. 1t Is the money you know. OF the
United States of America, and behind
which this great and powerful govern
ment OF ours stands. and you know
that our government has given you its
pledge that you can have the gold for
It whenever you want 1t. And, there
fore, when pay you with silver GER
tificate you do not look at It; or when
pay you with a gold certificate. you do
not look at It, You do not know whether
1t Ii gold or silver you are getting. You
do not stop to inquire whether II Is a
national bank note. but you take It.
You are glad to get II. You will take
1t inside out. upside down or in any
way, Just as you get Il. CONTINUED
cheering)
That Is true because II has been our
policy and we have steadfastly and sue
cessfully pursued 1t. of maintaining all
our money at par with gold.
And now, what about the gold? 1t
does not have to have any redeemer;
does II? The government does not have
to say 1t viii redeem the gold dollar.
All the government does with respect
to Il Is to say--this Is dollar. or ten
dollars, or twenty dollars. or whatever
the denomination may be. 1t simply
certities as II comes from the mint that
II possesses the requisite amount of
gold to be named as II names Il, and the
gold does all the rest. 1t will 20 any
| where In this country; anywhere all
| over the world. and 1t Is worth lust as
| much In one country as Ii Is In another
| And II you want to put II under u ham
| mer and hammer of the eagle, and
hammer OF the inscriptions upon il and
pound 1t up into rolled ball OF but
Hon, u would still he worth Just as much
| anywhere In this country as 1t was with
tnAt ceftihcate upon 1t, and worth lust
as much In China. Japan or Europe or
any other country. Nobody has IN
| guarantee It,
| Now. my fellow citizens, has IL or mn,
been wise that We have pursued thts
policy? Haven't you been proud of the
currency OF the United States during
all these past years? Hasn't II been
the pride OF every patriotic American
that as our gold would travel around
the globe. so too, would every dollar
OF our paper money, being redeemable
In gold, travel everywhere and be every
where honored its face? Every Amer.
lean has been proud OF Il. Every busi-
ness man has protited by It, Every
laboring man has derived benefit from
II. We have hadha stable currency. AS
Senator Sherman has pointed OUT, we
have had an abundant currency. There
has not been any trouble with IL until
during the last two or three years. I'm
I'll Mr.. Cleveland came into power the
second time, you did not hear any COM
plant about our money, did you? You
did not hear of any trouble with the
gold reserve. Al, This trouble has arisen
every Intelligent man knows, they
adopted u policy OF free trade MS contra
distinguished to a protective tariff pol
ley, and the first result was the paraly-