The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-10-15

that it would increase the amount of
money to be put in circulation among the
people. Let me read you what he said
then:
We propose to give to the country
what we, the gentlemen on the other side
OF the house could not do, what they did
not dare to do, in four years. We pro-
pose to give to the country a silver bin
that will take all the silver practically
OF the United States and make il avail
able for the use of the people
Again he said: Mr.. Speaker. this
bill Is Just to the silver producers for it
does what the present law, as demon
strated by every administration for ten
years, has not done. 1t takes every dol
lar of silver bullion that is purchased in
the United States and places it at the dis
posal of the people as money
Again he said: L will not vote
against this bill, and thus deprive my
people and my country, and the laborers
and producers and the industries of my
country of S3O.0O0.000 annually of addi-
tional circulating medium
I'm 1880 Mr.. Mckinley declared that
in the interest of his country, in the in
terest of the laborers, in the interest of
the producers, in the interest of the in
dustries of the country. he would vote to
add S24,0OO,O0O additional instead of de-
creasing it S30,0O0,OOO. That was the
hCNHllcI OF lSJU. Let me read Won
the Mckinley of 1896:
is not more money we want. What
we want is 10 nut all the money we have
already at work
"In 1890, when he advocated more
money, we added S24,0O0,000 to the cir
culation each year. This year we have
Sherman law and Bland act, and make
no provision to utilize silver. no provision
to add to the currency by the increase in
our silver money, and yet when the cur
rency is decreasing, and we have de-
creased the money in circulation in the
last year by $15O,000.O0O and yet
when the money is decreasing,
Mr. Mckinley. who wanted more
money in 1890, tells you now that
it is not more money that we need,
but to put the money we already have at
work. Which does my friend favor
the Mckinley of 1890. who wanted more
money, or the Mckinley of 1896? Great
applause and cries of 1902 More
than that. Mr.. Mckinley said in 1891, in
speech made at Toledo. that Mr.. Cleve-
land had been discriminating against sill
yer ana trying to contract the currency
and that by lesscning the currency he
had made money dearer by making it
scarcer. If it was wrong for Cleveland
to make money dear by making it scarce
and money the master and all things else
the servant, is it right for Mckinley to
try to make money the master and all
things else the servant? applause and
cries of no, no.
My friends, we can support our cause
by appealing to republican testimony. We
can support every contention we make
by quoting republican authorities and.
therefore. rom blicnnS who nnnn T., uS
Ill this campaign do not change their
convictions; they simply change their
party name. and their party has abandon
ed the position it used to occupy and now
demands that you shall surrender the
CONVICTIONS of Il lifetime Somebody may
feel like cheering for eX-President Har-
rison. If so, | will read what he said
IN message to congress ON December l.
1890. You will remember that in 1890
they passed what was known as the
Sherman law. which provided for the
purchase of 100000 ounces of silver
each year. After the passage of that
bill the price of silver went up. and as
the price of silver went up prices began
generally to rise. and on the LIST of De
cember Mr.. Harrison, then president,
sent to congress Il message from which
| read the following extract:
1.-The enlargement of our currency by
the silver bill undoubtedly gave an up
ward tendency to trade and had mark
ed effect on prices but this is natural
and the desired effect of silver legislation
which is by many enormously attributed
to the tariff act
Mr. Harrison said that the passage of
that silver bill undoubtedly gave an up-
ward tendency to trade and had mark
ed effect on prices. You tell us that we
can not raise the value of silver by
lnu int t.Nt l,.,t L.. 4
not as broad as the one which we pro-
pose. | point you to the limited use of
silver, not an unlimited use like we pro-
pose, and according to the president
gave an upward tendency to the market
and had marked effect on prices. And
then he turned and rebuked those who
had attributed this to tariff, and told
them it was due, not to tariff legislation
but to silver legislation. (Applause.) But
my friends, it is authority that silver
legislation will do just what we claim it
will do. New they tell us that they do
not want prices to rise for fear the abor-
ing mans wages will not go so far and
then they said it was Il desired effect.
Since when has this effect become I'M
desirable? Since the moneychangers
wrote a republican platform that compels
every republican to silence the voice of
his conscience. (Applause.l The argu
lnentS Wnlcn you near To-Day are afSu-
ments manufactured to support Il plat
form that in your hearts you republicans
of Iowa are ashamed to own. Cap
plause)
MY friends, your proposition is a
plain one. We place your arguments on
solid rock. We tell you that there is
something necessary in money besides
quality. Our opponents are always talk
ing about wanting good money. Every
body wants money, but. my friends, we
want quantity as well as quality in
money. You can not interest me by tell
ing me that certain kind of food is the
very best kind of food and tell me that
it is SO scarce that | can not have any
of it. Money good! how good do we
want money? Just good enough; not too
good. They have been making your
money too good. When Il dollar is so
good that it will buy ten bushels of oats
it is too good Il dollar to use i'll this
country. (Applause) They have given
us the balloon dollar. 1t keeps rising.
and balloon dollar may be II good
thing for few fnancers who happen to
get into the basket, but it is Il mighty
bad thing for the farmer who can simply
stand and watch it as it scars through
the, sky. We are tired of the balloon
dollar. We want to bring it down to
earth AGAIN and oct il within reach of