The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-09-25
MR.. BRYAN'S PALACES
Ex-REPRESENTATIV ULTIMATE
MAKES TELLING POINTS.
A Big Crowd Greets Him at the Rus
sell SOund-Money Democratic
Club Meeting.


rama Building last night, ex-Representa.
tive Joseph H. Cultivate, of Ohio pointed
out in clear and effective language tbs
cardinal points of political faith upon which
the right wing" and the 'left wing of the
! Democratic party, as he put it, stand di-
| vided. Cyclorama Building. which has been
| chosen as the headquarters of the Russell
| club, was tastefully decorated, large
streamers of the national coors hanging
/ from the dome, while the rough brick walls
were partially concealed by flags and gay
/ bunting. Among the audience Of fully two
4 thousand were many ladies. When Mr.
/ Cultivate began speaking there were a
! good many empty seats. but people kept fill
! ing in rapidly. At time he was COM
/ PEELED to stop for a moment or two while a
/ large club of young men wearing yellow
/ badges came into the hall. Mr.. Cultivate
said that it was privilege and a pleasure
to be interrupted by such an acquisition,
as the safety and welfare of the country lie
in the hands of the young men. At times
the applause was deafening and Mr.. Outh-
waite was compelled to pause, so hearty
was the approval with which his sentences
were received. The audience was unusually
attentive, and although he spoke for nearly
two hours, there were but few who did
not remain until the last word was uttered
James L. Reach, president of the Russell
Club, called the meeting to order and intro
duced Mr.. Cultivate. AT the beginning of
his address Mr.. Cultivate said that he felt
particularly honored to be called on to ad-
dress an audience in Indianapolis, the city
which had SO molly exerted itself in enter
tanning a great convention held to further
the cause of honest money as opposed to
Reputation and financial and national dis
honor.
Il don't propose" said Mr.. Outhwaite
''to enter into discussion of the matters
and things that led us to break away from
the Chicago convention, its platform and
nominees. Those matters have been dis
cusseo in this city. and those discussions
have appeared in your papers so thoroughly
that they do not call for discussion at this
time. ! will enter at once upon the dis
cusson of the issue which is the paramount
issue in this campaign. propose to deal
with the subject fairly and considerably.
l have no disposition whatever to hurt the
feelings of those Democrats who feel for
one reason or another. constrained to the
support of the Chicago platform We have
fought together side by side for a common
purpose-the welfare of the people-too long
to now engage in examinations or recrimi-
nations.
What they PROPOSE" said Mr. Outh-
waite, lis dangerous experiment a
change of the monetary system of the
country. (Applause.) We know that if they
shall succeed, they will change the mon
etary system of this country. 1t is no use
for them to say that they are in favor of
bimetallism We favor gold and silver so
far as the use of the latter is consistent
with the stability Of the financial system.
Free coinage of silver at the ratio of is to
I oil,
ing out all the gold we now have for
money.
FOR WHOSE BENEFIT THE CHANGE
For whose benefit is this change to be
made? Mr.. Bryan tells us incidentally it
will benefit the silver mine owners. Incl
dentally. He insists that it is the salvation
of the farmer, and ne further claims that
it is necessary in order to restore the pros
perity of every one in this country. There
is one class of people that he quietly ig-
nores which will receive benefits from this
change of the monetary systematic silver
'bullionaires' is one class and the gold mil
lionaireS is another"
The man with large quantities of gold
Mr.. Oouthwaite said, would be able to take
his gold to some other country buv silver
with it, and bring it back here and have
IL coined INTO dollars, receiving in return
for 81 O00, 900 worth of silver bullion two
million silver dollars. He ridiculed Bryan's
of silver at 10 to 1 will create a demand
Tor It that will Increase the price to 81 29 an
ounce Bryan asked his hearers in the
south to suppose that some one had Of
fered to buy all the eggs in the country at
20 q, cents ,s, a dozen and had the money 10
body take less than % cents for his eoos -,
asked Mr.. Bryan.
To appreciate the fallacy of the argu-
ment, Mr.. Cultivate said, it is only neces-
sary to consider the meaning of free coin
age bree coinage, said he, requires no
comes to the minis with his bullion and
says, Run that through and hand me out
the silver dollars. Is there any purchase
there? Bryan talks about this great coun-
try being able to establish a financial sys-
tenn, but conceals from the man to whom
he is talking the fact that this great com
try will not stand behind a single dollar
We have to-day system of money I'M
der which we have about one-third silver.
one-thlrd gold and more than one third of
paper money. Bryan cries out that in the
last five years the production of gold has
increased faster than silver and yet that
gold has advanced, owing to the present
system. 1t has come forth as a Sandow
carrying sn o S9oo oOo 600 of silver in hand
them all at the time it increased. CAP
plause.)
During last July the minis Of the conn
try coined 100000 of silver dollars, dollars
that are legal tender, that will pay the
a ee OF this country, that will be received
Tor taxes. demands and everything for
which money is received. and that are not
discounted % per cent; if they happen to go
coined out of silver purchased by the
United States government at the market
price. What was the price? If it had been
in July it was 68 O. cents an ounce-caH if
SO cents-and it would have cost ST. $50 900 a
profit of $1.410 600 all of which went into
the treasury of the United States to heID
relieve you and me of TIE burdens of taxa
ton, but If it had been under free coinage
the owner of $1,9000 900 worth of silver bull
lion would have gone to the mint and
would have said. Run that through and
hand me back S.. 900 600 That is Incl
dental benefit to the mine owners" (Tu-
multuous applause and laughter.)
ZEN per cent. OF the profits that would
accrue to the mine owners 'incidently''
each year Mr.. Cultivate said, would
form the most handsome campaign fund
that had ever been at the disposal of any
political party, So 500, 600. He said that he
had no proofs for making the assertion.
but he was inclined to think that thew
had contributed a little to bring about the
free-si1vcr sentiment in the country.
They dom believe in taking care of the
people, said Mr.. Cultivate This propo-
sition would enable the silver mine owners
to levy tribute of half a dollar on every
man, woman and child in the country
every year
How would silver from ether parts of
the word get here?" asked he. WHO
would bring it here? The Mexicans. the
Japanese and other nations would not
bring it here to be coined It would he
brought here by som body else that could
afford to buy it and bring it here and
gold millionaire would make his profit
A REPLY TO MR. BRYAN.
Gold first began going out of this coun-