The morning times., 1896-08-13
BRYAN KEEPS CLOSE TO SILVER.
.tcaa..aa.f from. rlf,s P.ssa

also fail.
fits also arguedthat, sincs anumber ofthe
nations have deinonetized silver. nothing
can be done until all OF those nations restore
bimetall llism. This is also illogical. 1t
isfmnhatsfial NOT many or how few wnations
have open mints, provided there are sutri-
cient open mints to furnish monetary
demand for all the gold and silver avail
able for coinage.
1t is often objected that the price Of
gold and silver cannot be fixed in relation
to each other. because of the variation
In the relative production OF the metals.
This argument also ooverIooks the fact thai t,
If the demand for 10th metals at fixed
price Is greater than the supply of bo;:s,
relative production becomes imniaterial
In the second place, change In the ratio
Is not necessary. Hostile legislation has
decreased the demand for silver. and lower
ed its price when measured by gold, while
this same hostile legislation. by fncreas-
ing the demand for gold, has raised the
value OF gold when measured by other
forms Of property.
There is another argument to which ask
your attention. Some Of the more Jealous
opponents OF free coinage point to the fact
that certain months must elapse before
the election and the first regular session OF
Congress, and assert that during that time
In case people declare thefDselves In favor
of free coinage, all loans will be withdra wn
aud all mortgages foreclosed.
II these are merely prophecies indulsed
in by those who have fofgotton the pro-
visions OF the constitution. It will be
sufficient to remi nd them that the President
Is empowered to convene Congress in
extraordinary cases whenever the public
good reQulressuch action. II, in November,
the peopa b. their bailotsdeCiare themselves
in favor OF the immediate restoration OF
bimetailism, the system can be inaugurated
within few months.
II. however, the assertion that loans
will be Withdrawn and mortgages fore
closed 10 made 10 prevent such political
action as the people may believe to be
necessary for the preservation OF their
rights. theo new and vital issue is raised
Whenever IL is necessary for the people
as q whole 10 obtain consent from the
owners OF money and the ch angers o money
before they can legislate upon financial
questions, we shall have passed from
democracy to Il plutocracy.
But that time has not yet arrived
Threats and intimidation Will be of no
avail The people. who, in 17I6. re-
jected the doctrine that kings rule by
right divine. will not, in this generation.
subscribe 10 u droCtine that money 10
ou,nipoteut.
In conclusion. permit me to say a word
Al ItS6ko " iutcEuddohdi bltuct
We are not opposed TO au International
agreement looIing to the restorauon OF
bimetailism throughout the world.
The advocates or free coinage have on all
occasions shown their Willingness to co
operate With other Datious In the rein
statement OF silver, but they are not WILL
ing to await tbe pleasure of other govern.
ments wben imruediate relief is needed
by the people Of the United States, and
shaxv g,.rfr h..lt ttaf gt.A Ann ,Aa.,t
action offers better assurance OF inter
national binetnflism than servile de-
pendeuce upon foreign aid.
DEPENDENT ON EUROPE.
For more than twenty years we have IN
vited the assistance OF European nations,
but all progress in the direcsion OF inter
natiOual bimst u IiisIn has been blocked
by the opposition OF those who derive u
pecuniary peuefit from the appreciation of
gold. How long must we wait for hi
metailism to be brought TO US by those
who profit by monometa liism? II the
double standard will bring benefits to our
people, who will deny them the right to
ENJOY those benefits?
II our opponents would admit the right,
the ability, and the duty of our people to
act for themselves on all public quest ions
without the assistance and regardless Of
the wishes of other nations, and then pro-
pose tho remedial legislation which they
consider sufficient, We could meet them in
the field OF honorable debate; but, when
they assert that this nation is helpless 10
protect the rights OF its own citizens. We
challenge thc,n 10 submit the issue Go peo-
pie whose patriotism has never been ap-
pcalcd to in vain
We si!dE Loi offend ether nations when
we declare the right OF the American pso-
pie 10 govern themselves, and. without let
or hirursnce from without, decide upon
every question presented for their cousid-
Grafton. In taking this position We. sim
ply maintain the dignity of seventy million
citizens who are SECOND to none in their
capacity for self government.
The mas compelledthe Amer
ican people to pay al ever increasing tribute
to the creditor nations OF the wofld-a
tribute which no one dares to defend. l
assert that national honor requires tie
United S,Stes to secure Justice for all It's
citizens as well as do Justice to all its
creditors. For q people ike ours, blest
with natural RESOURCES OF surprising rich
ncss, t. proclaim themselves impotent to
fra;n,. financial srstem suited TO their
own iiec.is, IS humil'ating be yond the power
Of Language to describe
We caInot enforce respect for our foreign
policy SO long as we confess ourselves IN
able to frame our own ftnehciai policy.
Honest ditfe rencea oeopnion havo al ways
sxisted, and ever will exist, as to the legts-
lation best calculated TO promote the public |
veal; but when it is seriously asserted that |
this nation must bow to the diotation of |
other nations and accept the policies Which |
the right ofseif- government |
4 assailed. And until that question In settled |
all oth6r questions are Insignificant.
TO NEW WORKERS.
Citizens of New York, Ihaye Travelled from |
the cepter OF the continent to the sch |
board that might In the very beginning |
OF the campaign. bring you greeting from |
the people of the West and South, and as
sure you that their desire is not to destroy. |
but to build up.
Of living faith rather tina n listen to those
who teach the gospel of despair and ad- |
wise endurance Of the Ills you have. This |
advocates of free coinage believe that, In |
striving to secure the Immediate restora-
lion OF bmetallism they are !abufiiz In
your behalf as well as in their own Behalf
A few Of your people may prtspcr under
present conditions, but the pcrmnnep Ut vel
fare OF New York rests upon the producers
Df wealth. This great CITY is built upon
lie commemorative nation. and mast sur
fer If that con.merce Is Impaired. You
cuBAot sell upiess the people have money
With which to bug, and they cannot obtain |
he money With which 10 buy unless they |
are able to sell their products at re-
prices.
Production of wealth gees before the ex-
,hange of wealth; those who create must
secure n profg before the5 have anything
10 share withiothcrs. You cannot afford
% join the n,sl.tsy changers in supporting
4 financial f-o.fcy. which. by destroying
Inc purcliasi1; power OF the products OF
oil, mast In he end dklo;ifage tie crea-
ion of wealth.