The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1896-09-05

NINNN QIHUEIttN
and a subseryient president IL in the white
house that the judgment OF the court
shall be reconsdered and reversed py IN
creaslng the number OF judges and PACK
ing the court with men who VIII oeciu"
as congress wants them TO. (Appiausel.
/ cannot exaggerate the gravity ana the
Importance and the danger or TINS assaui'
upon our constitutional form OF govern
ment.
II do not intend 10 spend any time IN
the discussion OF the tariff question: Thst
debate has been won. and need not DE pro-
tracted. 1t might run on eternaliy upon
theoretical lines. We had had some eA
periences. but they were histoIlel hh iu
remote. and not very instructive 10 TINS
generation We needed an experience or our
own, and we have had Il. IL has been a
hard lesson, but very convincing ohe'
and everybody was In the schooihousS
when IL was given him. A panic IN 1893 |
Of most extraordinary character has been
succeeded by gradual drying up less
and less, until universal business ulsIec-
ton and anxiety prevails over al OF ouI
community. ! do not believe 'nsIe nas
been time except. perhaps, In the very
/ heat OF some active panic, when uniVersai
business fear and anxiety and watcniul-
ness, even TO the point OF desperation,
has characterized this great metropolis
i as a does to-day. (Applause). Men nave
/ been afraid 10 go away for vacation.
| They have felt that they must every DAY
| i'm this burning heat come 10 the city aio
| watch their business. lhat 10 TIC s''N
/ ton.
.yybat has brought Il about? Gentlemen.
| who ID there to defend the Wilson tarin
| blllg Who says ~ Is a good tarin meas
| ure2 IA voice: "Nobody."l i don't pc
lleve a candidate can be found 70 say thal
| Il h. Mr.. Cleveland repudiated Il. IL was
! 80 bad that ne could not attach his omcial
| signature TO t. and 10 became law with
out IT, He said II was fun OF inconBfulues
and inequalities. What has been the result
Gl.I 90 .ED
revenue enough supplemented by our IN
ternal taxes, 20 maintain the government
There has been an annual dehcit approhch-
ing $4,000. 900 every year, and the natlohai
treasury has been continually IN state OF
| embarra ssment our manufacturers, ieit
without adequate protection, have been
successfully and gradually closing up anu
putting out their fires. But not only mas
this produced such an effect, but II has
practically contributed TO the financial de-
preston that we are I'm. The maintenance
: OF the gold reserve UP TO SiO0,O0OOW by the
government for the redemption OF our
notes was essential 10 confidence in the
stability OF our finances. When the gov
, eminent reserve runs down, people begin al
once 10 say: We may come 10 silver
, basis IL gold Is going out The reserve -
/ generally down and this fear Is greatly
: increased, but how can you keep gold re-
! serve OF 800. 0000 900 when you have not
got $i00, 0O0, 600 I'm the treasury all told2 How
can you maintain this gold reserve for re-
demption OF notes when you have an an
= nual and continuous deficit and your IN
\ ! come not eQualng your dehcitf so that
my friends this tariff hill has not only
contributed, by increasing importation
u by taking away the needful support fol
our own manufacturers, but II has con
), tributed In the way of increasing the sii
y yer scare 20 bring us into the present con
dition OF distrust and dismay which nov
: prevails lApplause.l
fsIut | do not intend follow that cues
\ tion further. / am quite as much opposed
- TO cheapening the American workingmai
= and working woman as am TO cheapeninf
= our dollars. (Applausc). / am quite al
:, strongly In favor OF keeping days wori
: at home as am gold dollars. (Applause)
Il my friends as a republican. am prou'
- OF many things, but / can sum up as tn
n highest satisfaction have had I'm the part,
n and its career that the prospect OF repub
te lican success never did disturb business
10 (Appiause) In connection with this imam
rs cial matter. do we all realize how impor
10 tant the choice OF president is2 DO 70
be know that, as the law Is now. without TN
10 passaRe OF any free coinage OF silver
M All. Il IL I'm the power OF the president o
a. the United States To bring the bushes
r. OF the country to n silver basisg MI u
has TO do Is to let the gold reserve -
- 10 pay out silver when men ask for golI
- and we are there already. IL Is only b'
- cause the presidents OF the United state
n that we have had. and the one we have nov
- have regarded IL under the law as his publ
he duty to maintain the gold basis, mair
"a tanning that parity between our silver an
hv gold coins which the law declares Is u
~ policy OF the government, and because :
le- has the courage TO execute the power
no given to him by the resumption act
re carry out that declaration or public Jay
an | undertake, therefore. 10 say that II nj
n Rryan OF "a man holding his Views. W."
M I'm the presidential chair, without any legi
oh lation by congress, we should be on Il
ch yer basis in a weeks time. tApplause).
in "The silver question-what Is III DO y,
lgs want silver because we want more none
the a larger circulating medium i have n
up heard anybody say So Mr.. Bryan Is n
urging e upon that basis. III anybody we
err TO seek TO give that as reason Tor want
af- free silver he would be very soon &C
ion founded by the statement that free silN
INST would nut more gold out OF circulate
,ch than mints OF the United States could p'
led sibly bring In in years OF silver. ana that
of stead OF having more money we would ha
ted less [Applause.l With our six hundI
GU and odd million OF gold driven out OF c
cle culation we will reduce our per cap
OF money OF this country between eight a
nm nine dollars. SO II IL not for more mon
eo- We have an abundant supply or circul
Who ing medium-gold. silver, national ba
any greenbacts, treasury notes, fractional
MIS- yer. We have something like s23 per cap
ted OF our population, What Is H. then, u
Org creates this demand for silverY IL Is op
ly avowed. IL Is not more dollars.
ion. cheaper dollars that are wanted. IL
To- lower standard OF value that they are
me. handing They say gold has gone up nj
N n Il has ceased TO be a proper standard
an value and they want silver. But how
the they want it2
the Now my friends, there Is n great dea
SEES talk about bimetallsm and the dou
ltes standard and a great deal OF confusion
'orn the use OF those terms. Bimetalism Is
and use OF the two metals as money VIII
for they are both used by n double stand
do. they mean that we shall have a gold do
ion. and n silver dollar which will be uni
that value by which all property and all wa
we and everything is TO be measured. ~
solD our fathers thought that when they u
rath these two metals In coinage they must
1ade termlne the intrinsic relative value OF
n OF two, so that n comparison OF the mari
OF the world would show just what rela
,crc one ounce OF silver bore TO one ounc
tates gold; how many ounces OF silver "