The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-04-02
'risp for their invitation to him, he

Crisp for their invitation to him, he
said:
1T is not my intention to say any
thing that will hurt any one who dis
agrees with me. 1t is but right that
we should counsel together and find out
what is right. In opposing the free
coinage of silver want you to distinctly
understand that make no fight on silver
as legal payment and as legal tender
When we oppose this plan of free coinage
at 16 to l we believe its advocates will
cause we do not believe that it will give
you what you want. In the first place
let us see how much money we have now
and how much we had in 1873.
I'm 1873 we had in gold and silver
$50, 100000 and now we have S1,177,-
1000, eight times as much money as
we had when silver was demonetized:
The advocates of free coinage mlslead
you when they say that we wish to con-
tract the currency and that we do not
wish silver dollars to be legal tender.
"The gentleman reports from Mr..
Cleveland (applause) as saying there is
difference between currency and stan
dard, but the gentleman miscOnceives it.
"A currency can be checks due bills,
silver or greenbacks, but a standard IS
measure. Suppose that there was such
grains of silver into a dollar
or 20 grains of gold into
dollar. Do you think you would
carry your 20 grains to be made into a
dollar when you could exchange it at the
jewelers. shop for 60 grains of silver,
enough to coin into two dollars? No, the
gold would not be coined. am here to-
night not to fight bimetallism, but silver
monometallism. (Applause) 1t is the
| al c,an l,,n Of hn In1l mr. n
credit of the country which puts the
value on it which makes the dollar
Thomas Jefferson, when the two met
ais were made money in the United
States, found that gold was worth 10
| times as much as silver and he then made
that ratio.
"Now, the difference which the free
| coinage advocates wish to make is 30
per cent. They want 16 to l, when gold
is worth 81 times as much as silver. ZAP
plause.) | am well aware that it is easier
to captivate an audience by reference to
Wall street and Lombard street than it
is to present solid facts. My friend
played to the prejudices of the Populists
in this district and | have no doubt it was
only they who applauded him. We ought
to do better than to play on the low pref
udices of some people. loud applause)
and a voice, "Hurrah for Watson"
| "These gentlemen. who wish to rob the
people have absolutely coined in the past
three years S7OOO,OO0. We have coined
more subsidiary silver in the past three
years than in any three years since the
government began. (Applause.)
"The silver idea is undemocratic; it
is unlike Jefferson's teachings; it is UNI
like Jackson's teachings and it is unlike
the teachings of Grover Cleveland.
| prolonged applause) 1t is more like
the doctrine of Mr.. Jones of Nevada,
Mr.. Bryan of Nebraska and Tom Watson
of Georgia.
Have you any silver mines IN Hlch,
mond county that you want to unload
ON the government! mat Is why MI
Stewart and Mr.. Jones want tree SILVER
l have no interest III TINS issue othel
than cltlzen OF Ge ppsano WISH you The ~
study the question: pelore you lake 'nt
final plunge. 1t Is not tor tne go4d OF
the Dohdhoiders Dut thG Gols'atuut t -,
Iee M9rhllsl iiei ~ VI , u,oori 'oT.. o ~
my TRENDS ana, GOd thh h1 ao l. nd M hmr,
rather put my uri III iae t tt Gnu ~ ~