New-York tribune., 1896-07-30

simply said to you that all We could 90 woa'9 ood %
to snse sv sometimes to do no evil tried to
do better and had the Democrats from ,sr tns Sena
sen .snS Below party for evil Of this
country would have been equa 10 lts eMp. rsr nros.
and we should have been TWO years "e"''
Greeting you this time with the same no,rs 70
am by Uounu anu unwise revision Of the tariff has been
grea assravatsd BY one Of @ Its no deHcit then
hundred millions Of borrowed gold wouiu nina hass
through the crises of sa.e she dec connu
ally confounded with the redemption OF Eola' mas mas
Sence cannot Commence be restored until our
revenues equal our expenses. 90 tho human
race pouS,iess You and think that we had
the world make we would nave mao neHa den feet
or better 10 mile But God s knS%s eSad neTer
sown taHa dse ssIn But While depressions are common
they have their rssnaenes ccmes pos
perity follows How think that can De reacneo
will tell you soon. ,o. ,s n-orosad nv those
gentlemen who within the last two months @ + nave hs,e
b proclam as they did four years ago
that they alone hold prosperity In their grasp
THE QUESTION OF ls TO l.
Their remedy is the coinage OF silver az 10 10 4:
What does that mean? Heretofore. whenever soo
and silver have stood together 1t has been at the
market value When we tried to make gold and
them according TO their market value. To-day we
find them. not ls 70 but to and we wsr are go so
they S m sF Of 1S xSs Its
makes values. but by the stAute Of the United
Wss sbSd ans tned States ss y this
sons II the Of fy sosT Snybsv s to nd
aaiiOn Of silver would Sc good for the United
that wsr is that world H0aS Ss E%
can 1t be reached except by world remedy! IN. In
driving out Of gold and substitution Of silver is
only silver for the United States
currency but the shitins from gold currency enc % and
na and an s0nS nS o bH china
Japan India and Mexico are prosperous Just now!'
pery peri of Of cheap labor growing Cheaper every day
Manufacturers there may be prosperous, ana 'rao,
Hampshire. paper pulp is made cheap How? Be Be
S silver ere countries labor is cheap and kept cheap
by the silver dollar. For my part do not want want
by good wages TO all is shared by all. We want
broader life, broadening every day for all our peo-
won't. discuss the question whether the fire, free
few people claim that it will and if they did
could not believe them. ....
well as the ablest silver men, that the purchase OF
AO ounces month Would n raise o SILVER & 70 par par
Silver men have not been good prophets IN the
past.
WHAT CHEAP MONEY WOULD MEAN
IL then we are going to have dollar inferior to
what we have to-day. what will be the effect OF
It? Higher prices. they say. Not for everything.
If you have 500 in the savings bank to-day you
can get 100 gold dollars from the bank. II this
wild project succeeds and you are paid in silver
YOU will get the sloo but they will be 30 or 50 or 20
cent doars @ you nave nave enS That goes down
too. $500 40. u-.
b11v vi
There you have experience to guide you; Wages
eors eo np as other shngs did, They went part way
but not all the way up and were very SLOW 9U aDOuo r
money? 1t might be after a terrible crash with
bad currency. and then we would have to get ;. back
bread and meat the suress an.v nn, more can.
money now. more than we can use, lying idle we
ferrer OF capital as hayrack and horse are trans
ferrer of hay More hayracks Will never make more
- hay, but more hay will require more hayracks and
If sell my house in Portland, OF mortgage it
casco Bank $500 worth Of capital is in Wash,
needs is capital from abroad from the whole world
mhsRer he world SD Of the United
mense and sufficient. Immense, yes; suficient no
veyv v much H,' ercater There are millions Of square
miles and 100000 people and undeveloped riches
Keep 1900 900 people at work. When are we the
most prosperous? II is when the I5oo),eoo are all
the rest of the world thousands of millions Of
dollars. Let me give you one plain proof Of the
fact that money comes with capital
CAPITAL WAITING ITS CHANCE.
In 1880 we were prosperous. Our people were all
AT work Consequently there good wages and
wealth greatly increased. AT that time the figures
show that In that year had slSo0OOo0 of gold more
than we had in lSS2-every bit OF that had been I'M
ported or kept the product of own mines. 1t
al had
rowed and that which we owed ourselves. Now
tust as soon as this election is over and the fu-
ture position Of the United States is assured both
as TO money and TO the & OF our People
from our own people. and we shall again be pros
know this plain. temperate statement does not
seem SO high col9red as WI, be given ny speaxers
but 1t has advantage-it will be found to be
God keeps the future for Himself Only His eye
can see In the fulness OF truth the days to come.
past and if men will only take guidance from ex-
perienee they Will as they can In no other Other way
show their superiority over the brutes which per-
ish.
LESSON OF EXPERIENCE
YOU and l. nv friends have been together for
twenty years two-thirds the life Of a generation
of men. 1t would be singular II the past could give
us no help in this crisis Of affairs. But 1t can
We have been through all this once before. The
greenbackers Of 1878 were not bad men. They were
sincere and had better case than the silver men
of to-day In fact. 1t was much the same case.
We must have artificial imitation and cheaper
money, they said. blackest ruin awaited us. 1t
hard time. Prices were low and work was
scarce; taxes were high and debts hard pay. but
persevered and resumed specie payments.
From that moment the capital of the world was
at our disposal. We had good tariff. which makes
US do all our own work. and from 1873 TO 1893 four,
teen years of prosperity which placed the United
States In a great position in the world.
II We do the like thing to-day, like things will
follow With revenues equal TO our emergencies
undue export OF gold will cease. With the certain
~ that the dollar paid will be equal to the dollar
lent Will come credit and confidence. With that
other certainty that we are 10 DO all own work
VIII come the earning OF wages steadily increas-
ing. which is the basis Of that prosperity which is
alone worthy Of this great Nation, the pros perity
OF the whole people.