, 1896-09-29

sum among us, most of it for food-pro-
ducts thar they would have raised
themselves if they had been farmers.
According to the free trader the tar
if on gloves raised their price by ex-
actly the aIuuunt of the duty, and the
glove wearer paid the tarif.
According to the pr~otectionists. on the
other hand. the tart. on gloves never
raised their price at all. because the
on competing products is always
surrendered by the foreigner out of his
profits, as if he wishes TO retain sales
in the American market he must sell
at the market rate to which the Ameri-
cans have adjusted their business. The
protectionists claim tina the tariff on
products always lowers price
for the reason that it breaks the Tor
eign monopoly. starts Americans to
competing against Europe and among
themselves. and the aggregate result
Of this competition gradually elimin-
ates the profits until improved meth
DDS in the manufacture are forced.
THE SILVER QUESTION.
We learn that the reason Mr.. o
maker seemed so in a hurry was be-
cause some of our people told him that
the probability was he would get short
of breath while speaking, and he want
ed to say as much as possible IN the
-, ,a,-;ll, urnr hafnra no w1e taken
by exhaustion. This is why he desired
to set the people right on the protec-
ton question first. After he finished
the discussion of the matters of pro-
lection and reciprocity, he called for a
song from the glee club, and afterward
took up the discussion of the silver
question and said in part:
Here is a s. American GOLD T:cce.
Here is a $40 gold piece. Here are so
American pennies; here are 80 more
American pennies. Here are 90 MeXi-
can silver dollars. | showed those to a
populist brother once and he said,
'Them's not silver, them's lead 1t
was my money. but it wasn't my gram
mar. Here are 10 American silver dol
lars. Now these are silver. There's a
Young man who has good eyes, just
come here sir and say yes or no as to
whether those are silver dollars.
Yes sir. those are silver
You can tell silver can you?
81 don't know much about it."
Do you believe those are silver?
Yes sir"
What is the date of those-lS96?
Eyes sir
Yes, those are silver, and these MeXi-
can dollars are silver, and they are all
brand new. ! got those Mexican dol
lars from the Mexican government, and
| got those American dollars from the
su~b-treasury department.. and nobody
has ever owned them but myself. Now
here is a silver spoon. 1t isn't the one
| was born with my mouth on.
Now the argument of the free silver
people is that the hard times, begin
ming in 1892. were caused by the de-
monetization of free silver in 1873; and
that if you wish again the good times
of 1892 and Immediately prior, you can
have them by coming silver freely and
unlimitedly, making 412lh grains of
~star-!fd silver a dollar, and give every
man the right who has thai amount of
silver to take it to the government at
Washington and have it coined into a
silver dollar. Here is their argument:
They say that prior to 1878, the bust
ness of the world was done on $S.000,-
600, 900 of metallic money, about equal
ly divided between silver and gold
four billions of gold and four billions
of silver. By a treacherous scheme Of
the money sharks. they say silver was
knocked out. and that since the time Of
that great crime in 1873 the business
of the world has beer done with the
other half-that is, four billions Of
gold has been made to do the business
of eight millions OF work. Hence they
say the gold has twice the work to do,
there is double the demand for it, and
the value has doubled, so that the gold
dollar has become a t~wo-dollar dollar.
If there were eight billions of metallic
money, four billions silver, and four
silver was knocked out and the bust
ness done on half the money, and that
half being gold. Their they say, there Is
twice the demand for gold, and gold is
worth twice as much. I believe that Is
stating their proposition fairly. Now
let us see. Was silver demonetized in
1873? No it was not. Has silver been
discontinued as a money metal? No 1t
has not. Was the dollar ever discon-
tinued in the minis? Yes, it was.
When? in 1906. Who stopped it?
Thomas Jefferson. Was silver aver de-
nonetized? Yes, it was. When? In
1884 silver was demonetized purpose
~. Has it been kept up in that condi-
| ion ever since? No it has not. Was
he coinage ever resumed? Yes. When?
It was resumed in 1878, and has been
continued ever since at a greater rate
han ever before, and here are silver
dollars that were coined in 1896, by the
government Of the United States. They
IRE brand new, for they were coined
only last month.
Row our first mint law was passed in
1892. From that date up to 1873. the
inc when the republican party re-