The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-09-16
MIR. INGALLS, SPEECH.
Editor of The Times:

To the Editor OF The Times;
We have just read Mr.. Ingalls, speech,
mond few days ago, and which the
Richmond Times refers to as q power
full argument"
We propose to repeat those 'argu'
ments,'' at least few of them, and see
how far they go towards the powerful"
line. Said Mr.. ingalls,;
"When people talk about raising the
price to par they forget the increase of
silver. 1t has increased enormously"
Mr.. ingalls, forgets that from 1S49 to
1878 silver increased on an average of II
| average of 200 per cent. Therefore it is
perfectly clear that silver did not --depre-
ciate on account of its increased produc-
ton, for the same reason Supply and de-
mandy would also have caused gold to de-
preciate In 1878 when the ''crime" was
committed the silver dollar was worth 3
per cent, premium over the gold dollar.
Has any goldite ever explained how de-
preciated silver could have reached the
above par mark over the par value Of
gold? Said Mr.. Ingalls,:
yin 1873 Congress made n law which
established gold as the standard. It was
| righteous law and whoever said the act
| of 1878 was crime was either knave
OF fool. 1t was righteous law and
| altogether proper
Senator Daniel said in his speech of
| 1890 that 1t (referring to the act of 1879
was "surreptitiously" dode. Senator
| Daniel, are you fool or lnave?
| which,
Senator Allison (Republican) said:
| "When the secret history of this bill of
1873 comes to be told it will disclose the
fact that the bill was doctored.n
| Senator H0Ivp iii tb.>C 20 81,
ruary ., 1878: 81 charge 1t (act of 1879
with guilt compared with which the rob
berry of two hundred millions is venal. ~
Mr.. Bright, of Tennessee, said: "It
| passed By fraud in the House. aye sir, it
WIS fraud that smells to heaven. 1t
was n fraud that will stink in tho nose of
posterity and for which some person
must give an account in the day of
retribution.n
Mr.. Holman said in the House July 10,
1876: 1.-The naethod of its tact Of 1879
passage through the House was colos-
sal swindem
Now, Mr.. Editor, these are the men
who the boiler, the champion of foreign
Industries, the railroad gold king. has
cared to CAL knaves and FOOLS This kind
of talk is what the Richmond Times calls
powerful argument
Mr.. ingalls, continuing said the farmer
| would not be helped by the SO cent dollar
as was claimed by Mr. Bryan. Said he:
The faSmer woulG not be benefited IN
| less he had some debts to pay' In enc
sentensc Mr.. Ingalls, says the farmer
would rlot be helped, in the next he says
he w0a Id not he benefited "unless he had
some tebts to pay
Nov, Mr.. Editor, there is hartiiy a
farmer but what is in debt, and nearly
every one of them in Virginia owe their
taxes for this year and many Of then,
have not beend BILE to raise the money tc
pay their last years taxes. Now here is
Clear acknowa edgment that free silye,
wal. enhance the value of farm products
ap6 that 1T will assist farmers in paving
their honest debts and taxes. Farmers
dun { owe aiIy gold obligations Sofal
as'thelr stocks in railroads are CONCERNED
they lave hong since been robbed of them
by manipulated sales, refunCiing ,etc.
etc.
-Agnin he 'seid: "You can't fool stb,
f@rmers thai way, for (President- In
g@lls9 have bel farmer" Now, that
Is q "poweaful argument. "This whole
campaign, " sud he, ''on the cart Of tn,
Populists as plea to cheat the 1,eople.anf
the Government. You can trust the peo
PIE, as Old Andrew jackson used to saw
ard gu willsae what the 3,4i of No,.en,
Der will bring forth" Nice loric-s.now
,erful argument
Now, the idea of the gold champions
accusing anybody of cheating the neonlf
ana roDbing the Government when it ia n
Wei known ard established fact that
eveSy financial1aw enacted since 1869 ali
of (which were enacted at their bidding
has resulted ia cheating the people ana
| rohldng the Government of millions and
| mllhons. The exception clause mt on
the green BACK deprecated the value of the
note 20 40 cents OF the dollar The rold-
bugs were careful to provide tbat tho
soldiers should be paid in the 40 cent dol
lar, otS the pets 'of the Government
should he paid in silver and gold They
were rety kind to the laboring man then.
Ihe credit strengthening act' was moth
ing more than robbing the Government
of not less than $500, 000, 900, making the
bonds issued by the Government in len
| OF this deprecated 40 cent greenback chr
| fency payable i'll coin in order to enhance
the value of those bonds held by these
goldbug advocates. Coin meant then
gold and silver. After the crime (sib
Yerria verbo) of 1878 coin was made to
mean gold. The worlds history does
not give parallel to the wholesale brig
andage to which these people and this Gov.
eminent have been subjected to "endur-
ing of the lash of 80 years
"Old Jackson" as he vulgularlv refers
to the founder of the Democratic party,
was backed by the people over GO years
ago and Notwithstanding the fact that
bankers and rich money lenders spent
S3,OOO, 900 to beat him he came out tri .
umphantly in behalf of the cause of the
| people.
THE Populists'(he means the Chicago
Democratic convention) ''cheating tn =
people Why, sir, the whole burden of
taxation is upon the wealth producers,