The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-09-18

ssyVe not only desire to use the silver
dollar we now have, but we want more
dollars to use among the people. III
all those who have so much money
are afraid to have any more they Will
vote for my opponents, L want Jhe
votes of all; those of all who are NOT
afarid of being overwhelmed IN how
of money. (Applause.) There are no
dollars except those which the law
creates. If the law is made by those
who want money dearer they will make
money scarce in order to make money
dearer. People say they want good
money. We all want good money. But
we don't want it so good we can't get
hold of it. (Applause) Some of your
farmers have been kind enough to
send me this bunch of oats. When the
money gets so good it takes ten or
fifteen bushels of oats to get cne dollar,
it is too good. You can make a dollar
buy whatever you like. III you think
ten cent oats are not cheap enough,
Won can make them only five cents
bv doubling the value of the dollar and
if YOU are not satisfied then you can
raise still further the value of dollar
until men will go home and tell their
wives how lucky they were to get one
cent a bushel for oats. (Applause,)
Legislation that affects the volume of
money affects the value of money.
When they tell you they want dollar
that is as good as any dollar in the
world. YOU tell them if other nations
want to raise the value of dollar in
the interest of the money holding
class, that you shall protest in the
name of the wealth producing class
to making money the only valuable
thing in the world. (Applause.)
Il understand some of your mer-
chants have brought Mexican dollars
into your country to teach the evil
of free silver. CA voice: That's
rightly No, it is wrong. Laughter)
Tt is peculiar campaign upon which
we are entering. Heretofore the mer-
chant has been satisfied to act as the
merchant and sell his wares to anybody
who would buy, but in this
campaign the merchant has turned
school teacher and is attempting to use
his business to teach object lessons in
finance. and insult the intelligence and
patriotism of those who pay money
for his goods. tApplause).
'sThey tell YOU if we have free silver
we will go to the Mexican standard
and our dollar will be worth no more
than the Mexican dollar. When a man
tells YOU that ask him whether the
Mexican dollar is good to pay taxes.
He will tell you no. You tell him our
silver is good enough to pay taxes now,
and will be good enough to pay taxes
under free coinage of silver. ZAP
plause). Ask him whether the MeXi-
can dollar is good enough to pay debts
with in the United States unless it is
contracted against and under free
coinage it win be as good as tits now
And better, because we expect TO pre-
vent the making of contracts hereafter
that will demonetize by contract what
the government does not demonetize
by law. (Applause).
"And let me pause to say that while
il seems that a great many bankers
deem it their duty to support a gold
standard, vet there is no reason why
the Southern and Western bankers
should be in favor of it. If our bankers
in the South and West would think for
themselves instead of taking their
opinions ready made from bankers in
New York, who import them from Lon
don. we would have more free silver
bankers. (Applause). If the banker
they would know il the farmers could
get better prices for their produce they
would have more money to deposit in
the banks, and the money of this
country would not be drained year
after year into the laps of those abroad
who hold our notes while we pay them
in deprecated products. (APplause).
81 am reminded of something / heard
this evening. A gentleman IN town
not far from here, was reading to an
audience a statement made ~ gold
bug catechism. 1t was that the far
mers of this country were never more
prosperous than they are to-day, and
the speaker said to the audience, If
there is here any farmer who believes
farmers are as well off as they ever
were in the United States, let him hold
up his hand, and there were two hands
in the audience went up. He, suppos-
ing they were persons who had inner
tied their wealth, said Perhaps you
got your wealth from your parents"
And they said: We are kept by the
State" and it turned out that they
We're two harmless persons in the in
sane asylum. (Laughter).
sour opponents tell us that we have
plenty of money in this country, and
yet they are the people who rejoice
whenever any money comes from
abroad. If we have money enough
in this country now, why do
we want any money to come
from abroad? Nobody wants too
much, and if we had enough now, we
will have too much if any more comes
here from abroad. But when our oppo-
nents say it is good to have money
come from abroad, they admit we have
not enough now. And if we have not
enough now in this country to do bust
ness with, is 1T not better to bring that
money out of our own mountains and
put it in circulation and let it be our
money instead of going abroad and
borrowing money to use which we have
to pay back, and pay interest on it
while we use it? (Applause).
81 am not acquainted with local mat
ters in your State. You have differ
ences among you over those issues.
But beg of you that you will let moth