The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1896-10-20
MONEY CHANGE IN ENGLAND.

Senator Henderson then read a history
Of the money change in England, showing
that the poorer coin always drove out the
better one This was in 1895, Continuing,
Senator Henderson asked If the people
supposed that these men would stop with
a 50-cent dollar. They will go to 25-
cent dollar until 37h of these dollars will
pay the whole public debt.
This people is not dishonest. The pub
lie debt was contracted in holy cause.
All that has been paid in gold and the re-
mander will be paid in the same way
This country will not act dishonesty.
A community as intelligent as Whining
ton knows what Is the matter with the
country. 1t has been said that a great
crime was committed in 1873. Stewart
and Jones committed this crime, II it
was one. They say that they were hood
winkel by ROthschild. He never visited
this country, Tbs, people of this country
cannot be deceived by such statements.
He theA rad speech OF Senator Stew
art in favor Of gold standard. Mr.. Jones
made a similar speech in favor of gold
standard. Senator Henderson said that
no better act was ever passed by Congress
IMAM the act OF 1913.
The Democratic party in 1858 passed a
bill to establish the single gold standard
Under The act OF 1892 the double stan
daId was tried, but we had all silver and
no gold. In 1884 another change was
made and all the silver disappeared. In
1868 change disappeared. When the gold
standard was decided upon prosperous
era began. We have more gold than
England has in the United Kingdom.
The silver men are the ones VINO have
driven gold out of circulation. There are
but 50 900 900 silver dollars in circulation
National bank notes and silver certificates
are used. no one wants silver dollars, The
Chicago platform denyuuces national
banks. Yet no one ever lost dollar oil a
bank note. These notes are backed
by bonds and gold, and the bonds paya-
BILE in gold. We want no better currency.
The trouble to-day is not the want Of Cur
rency. 1t is because one-half of your
money is deprecated and you are trying
to sutan it, II We pay debts with silver
we 20 to Il silver basis Gold would depart
from the country. We borrowed money
from England for from 2 TO 3 per cent,
while In our country 1t was worth much
more, He then described the causes of
| different pauics. There was no cause for
| the panic of 1893 except lack Of conf
| dence.
In 1853 tha per capita circulation was
sl5"N, and now it is over So; in 1850,
which he Democrats claim was The most
| prosperous it was $135O
S2nn'or Henderson closed by a'luding to
| a spe5''h ii Bryan to the effect that the
| gold standard should be driven out Of the
| country Richard Bland s'arttd this thing
| in 1873 10 please the mine owners. lie
! thJn toll Of the history Of silver legis-
| latiGu. II you want more currency let It
| be gold One yard stick viii meas'ir, all
| Df the cloth in a store. ono money san
! dara is enough. The chrtIun OF Bryan
| would be one Of the most unfortunate
things which ever happened. Put this Ill
! macy under the sod and let Delaware as
Est in the work He paid a glowing rib
| uta to AmhasS.l Tor Bay9rd and Senator
| Gray for their Patriotism in leaving the
Ipuil IRA 10 ItIIty