The herald., 1896-09-27
tions of trade in all of its departments.

tions Of trade in all of its departments"
Benjamin Disraeli, Gord Beacons-
field,) 1S79-Gold is every day appreciat-
ing in value, and as it appreciates in
value, the lower becomes prices.
| James G. Blaine 1851 believe gold
and silver coin to be the money of the
| constitution, indeed the money Of the
American people anterior to the con-
| stitution, which the great organic law
recognized as quite independent of its
! own existence. No power was con-
| ferred on congress to declare either
/ metal should not be money. Congress
therefore, in my judgment has no power
| to demonetize either. IT, therefore, sill
! yer has been demonetized, am in favor
| of remonetizing it. If its coinage has
been prohibited, I am in favor of order
| ing 1t to be resumed. 1 am in favor of
having 1t enlarged.
James A. Garfield. 1SS1-Whoever con-
trolls the volume of money in any coun-
try, is absolute master of all industry
| and commerce. . . Every one who Is
opposed to the use of silver coin as part
of the legal CURRENCY of the country,
l disagree with. Every man who is
opposed to the actual legal use of both
| metals, l disagree with. l would en-
dow the two metals with equality, and
make the coinage free.
Hon. Edward Pierrepont, Attorney
General of the United States, 1854
There Is not an outstanding bond, cou-
pom, or greenback. issued by the United
States, which may not be lawfully paid
in silver. Not one, OF them on it's face.
or back, or in the statute, authorizing
it's issue, or in declaration, or in resolu-
/ of q
they shall be paid in gold.
Charles A. Dana, New York Sun,
1SS5-Gold has risen, so that the proper
way of expressing the truth is, to say,
that the gold dollar is worth III cents.
| while the silver dollar remains at par.
The prompt adoption of silver as a
standard, instead of gold, would there
! fore arrest the decline in prices to
great extent, and palliate, If it did
not cure, the evil of dull trade.
Henry c. Caldwell, 1886, Judge United
States Court of Appeals-The constitu-
ton of the United States declares that
the congress shall have power to coin
money, and regulate the value thereof.
| One does not have to be gifted with the
| spirit of prophecy to foretell the deplor-
| able consequences of a continued ac-
| cumufation and concentration of capi
|
| terest, in the hands Of a few persons
and corporations in the cities. The
sober intelligence, virtue and patriot
| ism that abide in the homes of the in
telligent and prosperous farmers, are
what every nation must rely upon for
| it's support in peace, and defense in
war. Neither liberty, nor prosperity
nor virtue, will long survive In state
where the husbandman is oppressed
and impoverished. History teaches an
important lesson on this subject.
William Mckinley, 1S91-During all Of
Grover Cleveland's years at the head Of
the government, he was dishonoring one
of our precious metals, one of our own
great products. discrediting silver, and
| enhancing the price of gold. He endeav-
ored, even before his Inauguration to
office, to stop the coinage of silver dol
lars. and. afterwards, and to the end
of his administration. persfstently used
filmed 70 coritre1s 1E1,.----s-".e
ium, and demonetize one of the coins
of commerce, limit the volume Of money
among the people, make money scarce.
and therefore dear. He would have in
| creased the value of money and dimin-
ished the value Of everything else. Money
the master, everything else the servant
r. M. Widney, l.. L. D., 1891, Los An
geles-The most critical period in the
history of the present political parties
that has arisen since the war, will occur
in this session of congress, and on this
question of increased volume of money.
Professor Laveleye, 1S92-Speaking
before the Belgium monetary commits
sion-If the policy of chaining industry
and commerce of the world to a single
metal be persisted in by the United
| States he nfb E,I1rc
pean countries acting in concert with
them, money must still rise in value, and
prices continue to fall The depression
in productive industry will become
more deathly, and the number of idle
laborers will indefinitely multiply.
William Mckinley. 1892, when gov
ernor of Ohio, and leader of his party
at the Republican state convention,
which said of silver as follows: 1.-THE
coinage and use as circulating medium
should be steadily maintained and con-
stantly encouraged by the national gov
ernment, and we advocate such policy
as will by discriminating legislation, or
| otherwise, most speedily restore to sill
yer its rightful place as a money metal"
William Pope st. John, NJ A. 1892,
President Mercantile Bank, New York
There can be no return to fairly per-
manent prosperity, either for the banks
or anybody else, without the restora-
ton of silver, because we need grow
ing volume of money along with the
growing volume of everything else
| Prosperity must begin a it's foundation
head, in order to be continuous, namely,
with our producers, primarily with the
! tillers of the soil.
John M. Thurston, 1893-No matter
what other governments do, this coun-
| try ought not to eliminate silver from
use as a coin metal. Any legislation
in that direction will be looked upon by
the common people as in the interest of
the money power, for the express pur-
pose of increasing the purchasing power
of money, and decreasing the selling
price. of everything produced by human
toll. 1t is fact, which should not
| be overlooked by statesmen, that the
| price of American silver, and the price
| of American wheat, reached low water
| mark on the same day. / am pro-
| found believer in the use of both gold
and silver as money. / advocated the
restoration of free coinage before any
| of those, who are now the self-elected
| champions of silver had ever opened
| their lips on the subject
| John Sherman, 1893-Although I was
| quite active in business prior to 1873,
which brought under my eye different
| forms of money, ! do not remember
! at that time to have seen silver dol
lar. 1t was an unknown quantity; the
silver dollar at that time was worth
| thov ha alo