The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1896-08-07

sumed specie payments and the result
was that we resumed them as we
agreed to do In 1873, upon gold basis.
And that has been the case ever since.
This, then is the experience of the
United States encountering single
handed the question of currency. We
never were able, when there was diff
frence of two or three per cent. to keep
one metal at one side of the other.
1t was always either gold or silver,
never both. Now, If the United States
could not lift silver dollar that was
worth only two cents less than the
gold dollar can she now lift 50-cent
dollar to the height of a hundred cents?
And If she can why should we want to
do it? Suppose you have got house;
is it worth any more, is it any differ
ent house, whether it is worth 1000
silver half dollars or 1000 gold whole
dollars?
If you want to count your house at
more dollars, why not cut the gold dol
lar in two and measure it by gold? Are
there any more potatoes in 1000 pecks
than there are in thousand bushels3
If 1 remember my arithmetic right, and
perhaps l don't. your house is the same,
your farm is the same; it produces the
same result Oh, but you say our prices
have gone down, and they have gone
down on account of the appreciation of
gold, and. therefore, we want to change
it into silver, so that the prices will go
UP again. Let me take some of the eX
amples which they give you, but before
Y H. 7 1ra f1,ot hnHy
do not give you.
They talk about wheat and cotton.
and state that the prices Of both these
articles have gone down on account Of
the rise in the value of gold. Well
now, the very same set of figures, the
very same method of figures, by taking
all the other articles which the farmer
produces, shows that all the rest Of
their products have gone UP from two
to four per cent. And 1t Is perfectly
natural that they should, because this
is world which every year consumes
more of certain kinds Of farm pro-
duce.
Men will have bread and meat, and
they will have the produce of the farm
er; and it is natural there should be o
rise But they say wheat and cotton
have gone down. Those are the great
staples which the farmer raises. My
friends, everybody in this world, in
cluding the farmer, is liable to have
something injurious happen to his bus
mess; somebody else goes into it, and
when a good many sonebodies go into
1t there is not enough for all hands In
the way of profit That is the history
of every occupation on the face Of the
earth.
AS to changes in the price of farm
products. wheat or cotton, or any 9TH
er, they happen from a thousand things
outside the question of silver.
Credit plays a great part in this sill
Yer question. If your merchants buy
goods from England you'll find that
credit amounts to a great deal, and on
silver basis we will pay big sum for
this credit. That's why the merchant
does not want a silver basis They say
on silver basis you'll scale down your
debt one half. Would you do 1t, and
deprive the man you owe of one-half
of what you owe him? Shall the ma
tion do it? / say no, and not from
sentiment do ! make this statement
but from a selfish reason. We must
preserve our credit in the world, and
if we adopt a silver basis We'll ruin It,
I'VE want no silver basis to help us
out Of these hard times, because the
silver basis Is dishonorable. Distrust
brought on these hard times In 1893 and
hard times will last until we turn down
these silverites and when we settle this
thing for good and all in November
we'll hear no more of hard times.
"On the side Of the republican party
In the campaign you'll find all human
history / noticed that George Fred
Williams, whose kind mention of me
reciprocate, says that he is obliged to
say new things everywhere he goes in
order to get reported, but notice that
there is one thing which he says ev-
erywhere, and it has ceased to be new
and that 1t that he has not time on
that particular evening to explain the
silver question, but will do it later
When that time comes he won't find a
very responsive audience.
Yes, my friends, you want ell OF
you to stand up and vote for sound
money, but it is the best thing for the
restoring Of confidence and you want
to vote for Mckinley and Hobart, be-
cause they represent that ana other
equally good things. On the other
hand, if you don't know what you
want, if you have vague idea that
you want something and that al
something's are the same, and if you
get any one of them you get what fits
voIr case why vote for the triangular
combination of Bryan and Watson and
Sewall and the Lord preserve you il
you get what you think you want"