The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-10-30
SHIVELYS
SILVER
SPEECH.
The Democratic Nominee For Cover
nor Ever An Advocate Of the Peo-
pie and An Enemy Of
PIutocrltv.
MAGNIFICENT RECORD.
SOUTH BEND. Ind. Oct. "a, 1896.

cratic nominee Tor governor, Tor SO
many years, and where we long since
Familiarity and affectionately dubbed
him "Our Frank, his record i'll the edi-
t)rial sanctum. in the halls Of congress,
and in the walks Of private life, as o
consistent ads ocate Of the People and
persistent foe Of Plntocracy has won
hi Il the confidence and admiration OF
le entire community regardless OF po-
l.'ical affiliations. As an old friend and
ncighbor l feel that l am but doing
honor to whom honor is due ir citing
briefly the following extracts sssom his
editorials and speeches. which show
that he is no new convert to the cause
of the people ard their emancipation
from financial bondage
Mr.. shiveIy'- Editorial Record.
Over 10 years ago. TN March 81, 1880,
the first number Of the South Bend Era,
"B. +. Shively. editor and publisher. :"
appeared with the following editorial
leader:
WHO can vie the policy of the gov
eminent for the last ID years. with re-
spect to the bon led debt. without feel
ing slight suspicious that it has never
been the design of those who manipu-
lated Uncle Sans exchequer, to pay Oh
that little obligation? 1t is evident that
all financial LEGISLATION since 1855 has
been shaped w III view to perpetual
Ing our intnrc bearing Indebtedness.
After the close 4 the war the public
debt was be = rapidly liquidated. but
II was Sec ~ government security
holders Il old per cent invest
ments wer .,a'n to be paid and so they
framed an ia nccnt piece of legislation,
called the ''trtiit Strengthening Act T"
which oh, ,tri the whole tenor Of the
law, and ria. bonds, costing 80 cents
on the du ar-and previously payable
In lawful money. grcrnbacks-payable
100 ceuts on the doll : in coin, which
then consistc | Of gold and silver. Bond
holders still not satisfied. demonetized
silver. This made ths debt payable In
gold alone. Next in order was the re-
sumption ac', which Of course would
require the accumulat ,pn Of gold for the
purp sc of reenback redemption. and
deprive the governm mt OF its use for
paying the bonds. But the people final
~ conclude to have slight pause
these proceedings. They compelled the
partial characterization of silver, the
bondholder succeeding. however, in
limiting 10 annual coinage to nm
, amount sufficient to pay less than one
half the annual interest of the bonded
ebt Inc act providing for the con-
~ Of the currency. the Credit
',ening act" the "demoneti,a-
the Resumption act" and
the silver coinage limitation clause are
but 81 &C 'sive steps III the design to
perpeti att the bonded debt a. basis
Tor national bank note circulation.
The fl .niic attempts Of Hayes, Bayerd.
Sherman aud company to sweep ont
Of circulation the gleenbacks. fully
confirms this view of the case. And
Che torn that attempt created among
tte people was but slight zephyr.
o. 'parei with the tornado that will
81 ..p these traitors from positions of
pull lie "a ust. when the iniquity Of their
pro ,eedings is fully Understood. John
Sherman is taking some pains TO reduce
the bonded debt by a few millions. but
II Is evident that he il taking more
pains to have IL refunded into bonds to
ran from 80 70 90 years. upon which
bonds the people la the meantime will
Rave to pay interest. amounting 10
nearly one and One-half times their face
value. The people have al ealy rad
over 81 800, 000. 900 as interest on the
debt. and the principal today ia $780,.
o00. 900 larger than it was in IT..
And Mr.. Shively kept up this lick
throughout his editorial career. only
stepping aside occasionally to take a
Whack ut the trusts i'm much the same
manner that he does now on the stump.
The following extract, taken at random
from the South Bend Era of Sept. 1.
i00S. being As truthful and pertinent
now ~ on the day it WAS written:
There V bond Of sympathy connect.
ing the various forms OF monopoly in
ohis country. II 10 idle 10 expect TO
lad general movement against one
without meeting with more or less re.
distance from all. Those who wish to
strain transportation corporations,
s~St @ss~>sA AuAiuk WIN ms CO0l OIL
telegraph monopl:se. mako the ser.
error Of arousinR the entire camp
monopoly TO the defence Of single
This connectft.. sSctwecn any
forms Of monopoly ia. ~ course, en-
sselfsh In its nature. Itis formed
cure mutual advantages at the OK.
> Of outside parties. For instance,
n the Standard Oil company on.
into engagements III four rail.
companies by which the latter
10 grant the former 4 rebate Of
each barrel Of oil shipped over
lines. Within IL mouths after
arrangement was completed these
ay companies paid lack to the
lard OIL company. ss rebates, the
sous sum Of ei0. 500, 900. This dis
lation against other oil companies
ado the Standard the oil depsot
ctvilised world. These connec-
re formed. consrirncies roncocted
40 most vilIainous combinations
4 intp-all In defiance Of the rules
ioeable competition an a the vel
\ the country"
~ Wa - member Of c.1gr,as,