The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-11-03

this requirement? (Cries of no, and
applause.) In 1873 there had been
coined into silver dollars in this coun-
try the sum Of $8031, 900. Not man
In this audience has ever seen one of
the so-called
DOLLARS OF OUR DADDIES.
''The first dollar of silver that I ever
saw was one coined under the Bland act
of 1878. And yet they tell us to go back
to the money we had up to 1873. There
was then not dollar of the silver in
circulation, but the country was upon
paper money basis-governmen
premises to pay. The paper money was
practically the only money we had from
1852 to 1878, and during this period was
passed the so-called crime of 1873, by
which was struck down one-half of our
currency. You see my friends, that
this was not so much of crime after
all, but crime or no crime silver was
again remonetiZed five years later. I'm
der the free coinage system, the owner
of the bullion brings his grist to the
mill and has it coined, instead of the
government which now makes the pro-
fit. The difference is where the coin
age goes, whether into the pockets of
the mine owner, or into the treasury
of the government, making our taxes
less. At the time we demonetized sill
yer, there had been coined entire, in
GLIDING subsidiary coins, $4,000, 900,
While today there is $685. 200, 900 of sill
yer in circulation. Of this $432, 000, 900
has been coined under the Sherman
act. All this money is in circulation,
in the shape of silver certificates. We
have today greater amount of silver
in circulation than ever before in the
history of the United States. The Sher-
man act provided for the purchase of
1850, 900 ounces of silver per month, of
! i0o oh ono ir6 h1c cd
the rest lying as bullion in the treas
ury and represented by silver certifi-
Gates. During the present year, $14,-
100000 of silver have been coined so
far. Does this look as if the govern
ment is, and has been unfriendly to-
ward silver? Another argument that
we near IS the contraction of the cur
rency. 1t is not true. In 1860 there was
$13' per capita of circulation. In 1873
there was SIS; in 1866 there was 500. So
During the administration of Harrison
there was $3.50, and during the present
administration there is approximately
$2366. These are cold figures. 1t proves
that the statement of a contracted cur
rency is false. 1t also proves that the
argument of better times with more
money In circulation is not true, for
| there isn't a POpulist in the house.
who would not pray tonight, Good
! Lord, deliver us from the hard times of
0IONGF OIGN0ldnU, ana II can not get
all L want, give us the time of Ben
| jamin Harrison and the Republican
| party. When Grover Cleveland came
! into power, the manufacturers Of the
| country became frightened at the prom
| ises Of tariff reform, and the result
was manufacturers panic. This was
| followed by a monetary panic in 1893,
when the capitalists of the country be-
| gan to fear the too great coinage Of
| silver under the Sherman act They
| were afraid the country would be
| obliged to go upon a silver basis. The
! poor people draw their money out Of
the saving banks, put it into vaults.
AND 1T DISAPPEARED
! from circulation. For a time only
| checks and clearing house certificates
were used. Now if the mere spectre
| Of free coinage Of silver produces such
! panic, what will be the result Of the
country actually trying the experiment ::
| Cleveland called congress together and
the silver coinage act of 1893 was given
! to the country. This repealed the pur-
chasing clause in the Sherman bill
| the Republican party stand squarely
upon that law, and any one is mistak-
c. who belives the Republican party is
working for a single gold standard OF
money TO the exclusion of silver"
The effect of free coinage was then
| shown, and it was cOncluSiVeiy proved
| II at it would mean the worst crisis
this country had ever seen. There was
! no call for change, and restoration
1 CT business confidence such as would
result by returning the Republican
| party to power would soon bring back
! 20 US prosperity. In conclusion Senator
| Nelson advised his hearers to vote for
Mckinley, Fletcher, Clough and the
| entire Republican ticket.
| Following Senator Nelson, Gov
! Clough was introduced for few re-
| marks, and he expressed confidence
in the result Of the election. He was
sure Of the election of William McKin
| ley, and felt satisfied to leave his own
cause In the hands of the voters OF
Minnesota.
/ w. E. Brown, of Chicago, was the
closing speaker, and for half an hour
he poured hot shot into the Democratic
part. He jollied up the crowd and
sent them home in happy mood, ready
to vote for the Republican party.
The Republicans closed the campaign in
North Minneapolis last evening with an over
flow meeting at the Washington rink. All
! available seats were taken, and 1t is esti-
mated that not less than 1900 people were
present, there being a few ladies. The meet
| ing was presided over by Charles A Fillsbury,
/ who introduced Knute Nelson. This was the
first time that the senator has been heard
! In this city this campaign He most en-
! Enthusiastically received. His address was
| sHOTl, pSiDS Vi ABOUT NAH an nOur s AURA
! ton. This was necesstated on account of
| his having to speak at the monster demon
stration at the Exposition. He devoted nearly
the entire time to state issues, and defended
Gov. Clough in the matters that have sur
reptitiously been brought against the state s
executive.
Gov. Clough, Victor B. Dilliver and Loren
Fletcher also addressed the meeting.
WORK OF SALVATIONISTS,
BOOth-Tucker Points Out the Good