The Mt. Sterling advocate. (Mt. Sterling, Ky.) 1890-current, 1896-09-15

| how could you be inJuredY
(, Suppose some man made up his mind TO
| injure the American people under free coin
age, how would he do it9 Why, he would
take his silver to our mint--suppose a
thousand dollars of it--and have it coined
into. dollars. Then he would take those
dollars out to hurt the American people
with them, and how would he do itS Now,
! let us see how no could use that money.
He could take that money home, and he
would be required to pay the freight on it,
and he would lose the cost Of coinage and
lose the freight both ways, and we could
stand 1t longer than he could.
| What else could he do? Why, you say, he
might give us silver and 20 home. Yes. he
| might, and we would risk being injured
| by 1t II he tried to hurt us In that way.
| What else could he dor All, you say that
| he would trade that silver for gold, and
that the gold would be taken away and
leave the silveri Do you think he would
Where would he get the gold? Would he
| get 1t at the treasury Of the United States9
| Not under bimetallism, because under BIZ
metallism the government does not agree
| to swap but under bimetallism the gov
| eminent converts the silver bullion into
silver money and gold bullion into gold
coin and makes them legal tender for all
debts, public and private. But 1t does not
agree to redeem gold dollar in silver nor
a silver dollar in gold.
So that under bimetallism the foreigner
could not exchange his silver at the mint
for gold unless the government was dis
posed to let him do 1t, Where would he
get the gold2 He would have to find some
body with the gold. He could not hurt
anybody by trading silver for gold until he
found somebody who had the gold, and
that would let most of the people of the
United States out of danger.
Experience In Debate. -.
had an experience in Illinois last year
in debate My opponent was very friend
ly, and we called each other brother, and
in the course of the speech he turned to me
and said Brother Bryan, will you loan
me a silver dollar to illustrate my argu-
mentg L haven't any" i had one, and /
let him have it to use to illustrate his argu-
ment. He handed it back to me when he
had concluded. When 1t came my turn, l
thought would try an experiment., and 1
said: Brother, want to use gold coin
to illustrate my argument. l haven't any.
Will you let me have Oneg" He got red in
the face. He didn't have any, And then
called the attention of the audience to the
fact that l was defending silver and had
the silver, but he did not have the gold
with which to illustrate his argument, and
he had just told them that gold was the
only good money. But he did not have a
dollar of it, and they did not have any of it,
Well, now, he would haveto find some
body with the gold. And more than that,
he would have to find somebody with the
gold who was willing to let the gold go.
He could not take the gold away from the
man. He would have to exchange silver
for gold When would the man who held
the gold let the gold go9 Why, whenever
he thought that silver was better for him
than the gold, and not until then
Whenever those who hold the gold let
the gold go, it will be because they would
rather have the silver In place of the gold.
Well, there is another thing that he might
do. He might, instead of taking the silver
home, instead of leaving it with us, instead
of trading with us for gold, he might trade
it to us for property. Does that scare us?
Why, my friends, whenever we have any
thing to sell we are looking for a man who
has the money to trade for what we have
to sell, and instead of being frightened, if
he will Just let us know when he is coming
with his silver to exchange for our prod
ucts we will meet him at the depot with a
brass band and escort him through the
town and show him where the property
is that he can buy.
Answers Stock Argument
Have you ever heard people say that it
didn't make any difference how much
money there was, that you couldn't get any
of it unless you had something to sell? That
is very common argument. You have
heard people ask that question as If it set
tied the money question. Well, my friends,
let me give you a question that you can
ask in reply. Whenever anybody asks you
how you can get any money, no matter
how much, unless you have something to
SELL you ask him If you can get any money
at all, no matter how much you have to
sell, until you find somebody who has
money with which to purchase.
or course, you cannot get any money
unless you have something to sell-that is,
ordinarily you cannot. If you are a syn
dictate and have control of the finances of
the government, you may sell credit and
get money. But the ordinary man cannot
get.money unless he has something to sell
But every producer of wealth has some
thing to sell, and the price he gets for
what he has TO sell depends on how much
money there is to buy what he has to sell
Circulation Of Money. .....
A gentleman asked me last night how
this money could be put into circulation.
Tat, to my mind, is one of the most sim
pie of processes. You put the question to
yourself, Do you have any trouble in get
ting your money into circulation9 Now,
here is the process We have the free coin
age of gold If any man produces gold
from the earth, he can take that gold to
the MKT and have it coined in gold coin,
and then he can use that gold coin to buy
anything he wants, but he does not spend
dollar of that gold coin without putting
- money into circulation. 1t Is not worth
anything to him until he puts 1t into cir.
culation, and the moment he does 1t Is a
part of the oountry's money to be used in
buying all of the products Of toll.
How about silver The process is Just
the same as with gold, The man who owns
a silver mine produces silver, but instead
of going to find somebody who wants to
use the silver to make spoons ont Of he
takes the silver to the mint and has it con-
verified into money, and then that money is
lie go 70 he lah ,Nf q o