The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1896-08-28

sA.e4t SHsAp money whether of coin or
phpes That dollar IL the best dollar
and clothing. That dollar Is the eoid
aoilar. Tor u buys more food and cloth
ing than any other dollar and win ala
puy silver dollar for s. cents. IL me
coinage OF silver IL made free At The
rsuo OF 10 20 OF gold. Experience has
shown that the United States can MAKE
tne silver dollar buy as much as the
the government buying silver bullion AZ
needed and coining II into dollars on
government account. This has been
tried. Every country OF Etrope. excent
possibly Russia, republics and mon
archies alike, maintain the gold stand
ard and silver coins at parity with roId
at even a less ratio than the United
over $40, 00o0 900 Of gold in treps ratier
1 for the gold standard which she Will
adopt. ~.
We have now in the treasury belong
ing 10 the government over SIS, O0O, 900
silver dollars represented by ccrtifi-
Gates and also silver bullion costing
over Siis 00o. 900 In treasury notes In nc-
tive circulation and maintained at par
With gold at the ratio OF 10 to 1. The
free coinage Of silver il Al, inyitation.
not only to American miners, but 10
all miners or holders OF silver In the
world to deposit their silver in the mints
OF the United States and TO receive In
exchange therefor a silver dollar for
every l1zM grains Of standard silver de.
posted. But that silver ls worth In
the market only s. cents. Why should
we receive this bullion from the owners
OF silver mines at nearly double It's
marketyalue when we have such vast
hoard in the treasury. which we hold
with difficulty at par with goldl Tho
only object and effect OF this measure
win be TO degrade the dollar, to lessen
Its purchasing power nearly one-half, to
c enable debtors to pay their debts at So
cents for dollar and to cheat the pub.
lie creditors who hold our bonds, II
this policy should be adopted the United
States will take Its place among the
nations of the earth as bankrupt, clos.
ing Its business at IS cents on the dollar.
There Is another element OF meanness
In this free coinage OF silver. The Unit
ed States has always paid It's bonds In
gold coin or its equivalent. In the dark
est hours OF the civil war we stipulated
to pay our bonds. principal and interest,
in gold, or Its equivalent. All OF the war
debt has been paid In this way. A por-
ton OF II was paid In bonds bearing a
lower rate OF interest. but We exacted
from the purchasers OF these bonds gold
coin or Its equivalent even while our
notes were below par In coin. About
$s47. 000. 900 Of these securities are now
outstanding, OF which $3.50, 900 900 was
sold by this administration and paid for
In gold coin. 1t Is one of the objects of
those who advocate the free coinage OF
silver to force the government to pay
these bonds In silver coin reduced in
value. 1t Is harsh to express this opin-
ion Of O measure favored by many good
people, but cannot regard 1t In any
other light than both as fraud and a
robbery and all the worse II committed
by a great, rich and free people. A cit
izen who should commit such an offense
would be punished by the courts or de-
nounced as dishonorable. but a nation
like ours is beyond the power OF any
tribunal but conscience and God.
Now, fellow-eitizens, ! have said all
desire to say at present on the fret
coinage of silver. have the confident |
hope that the great body Of the Repub-
lican and Democratic parties represent.
ing the conservative elements OF our
people will stamp their rebuke upon
this measure of infamy and thus pre-
servo intact the honor. the credit and
glory of our great country. This matter
of the free coinage of silver and the
degradation OF the standard OF value
involves not only questions OF money
but of honor and good faith. When their
honor is involved, the people never fai
to respond. They have complied with
every promise and paid every debt con
tracted since the organization of the
national government, as 1t became due
They have paid four-fifths OF the debt
contracted during the civil war, and thu
prospect was hopeful that all OF It woul
be paid before the close of this century
but this reversing our standards q
value has, like the fire bell at nigh
III Ia a.H mn ma n n
us settle 1t by following the action
Washington. Hamilton, Jefferson. Ben
ton, Hunter, Lincoln and Grant; let .
maintain silver and gold At par wit
each other at the legal ratio OF is to
until conference among nations ca
prescribe common standards OF value.
the meantime. let no act be done,
policy be adopted. no expedient resortt
TO that will tarnish the honor OF III
great republic.
The close Of Senator Sherman
speech was followed with long cont
ned applause and after It had subsid
Governor Bushnell arose to
INTRODUCE sENAToR-ELEcT
FORAKER.
Mr.. Foraker was greeted with a pt
feet ovation as he arose. Cheer al
cheer rang through the enclosure
cries of mo rebel flags. Grover" W
heard loud above the tumult. II v
some time before the demonstrat
ouleted sufficiently for the speaker
begin his address. and he was int
rupted at frequent intervals. with N
gled laughter and applause through
his speech.
Senator Foraker's Speech.
Senator Foraker then spoke as
lows:
II am not behind Senator Sherman
the matter OF having a prepared spec
But IL is not my fault that have
that form. The newspapers hav
habit of requiring US. when we m
opening speeches. as they call then
write them out beforehand and
them to them. in order that they ma
In type before they are delivered.
complied with that requirement
not my fault, as / have said. that
but that II all they can require OF
want you to know have made
kind of q speech, and now am 8
to make such a speech as feel
making. Applause and cries OF 81
to EN-; and "Hurrah for Forak
think 1t is a good speech. and i v
like to have you read II. uncre
laughter and applause.) But II SO
not, It will never be read. (Renewe
plause and iaughter).
Now the first thing want to s
you Is, that the thought that has
uppermost in my mind as have
sitting here this afternoon lookin
on this audience and listening
magnificent address that has just
delivered (cheering). the thought,
that has been in my mind Is, "
1t that we have to have any met
at all this year? Continued chez
Why Is it that Senator Sherman
come here and with the thermo