The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-08-16

clared for in 1892. know: I was there.
Our declaration in 1892 and our declI rauoI
said a minute ago. of bimetaliism when YOU
can have il. and we think we can nave IL
by an international agreement. but declara-
tons in favor of maintaining until then,
the. existing gold standard and not being
allowed to be driven to a silver standard.
been sSow ba what is n! Tnat policy is' that the we po ohey
we have been having for twenty
h has m Desa dei so1d an s0 Silver no az a pare
ity- MIR. Bryan seemed to think he ought
TO say something on that point; and he
stated in that speech made at Madison
square Garden. to which I have referred.
that we have been able TO maintain silver
dollars. counted in the ratio of iS to at
a legal tender. That is not the reason at
all. The reason silver dollars are main
dollars and every form of United States
money are redeemable in gold.
THE MEXICAN DOLLAR EXAMPLE.
Il saw that they were selling
Mexican silver dollars on the streets
to-day and 1 thought would
like to see them. / want not to palm
any of them off on anybody. but 1 sent down
and got a couple of them. / have them
here. There are two Mexican dollars. (Ex-
hibiting same.) 1 bought them for one
United States silver dollar. There are six
II cNnS IHOIc VI puIc SlNcl HI SdCu VI titSC
Mexican dollars than there is in this United
States silver dollar. These Mexican dollars
down in Mexico are a legal tender. They
are worth down in Mexico, where
they are a legal tender, just what they
are worth up here in the United States.
You can buy in the City Of Mexico with
lars, or practically that, a few cents diff
ference. Why is it? Is it because the lex
cause the Mexican dollar has no redeemer.
Great laughter and applauSe.) When you
get the Mexican dollar you are at the end
of your business transaction. That is mon
ey. That is the highest money they have in
circulation. But when you get the silver
dollar of the United. States you find it
worth a dollar in gold, because If you want
the gold all you have got to do is TO ask
for it. is all you ever had to do under
Republican rule.
Now, my fellow-citizens, has it not been
wise that we have pursued this policy?
Haven't you been proud of the currency
of the United States during all these past
years? Has not it been the pride of every
patriotic American that as our gold would
travel around the globe so, too, would ev-
cry dollar Of our paper money, being re-
deemable in gold travel everywhere and
be everywhere honored at its face? We
have had a stable currency. AS Senator
abundant currency. There has not been
any trouble with it until during the last
two or three years. Until Mr.. Cleveland
not hear any complaint about our money,
did you? You did not hear of any trouble
With the gold reserve!
'A1l this trouble has arisen since then.
Why? simply because, as every intelligent
man knows, they adopted a policy of free
trade as OBSERVATION-DISCLOSURES to a protec-
tive tariff policy, and the first result was
the paralysis of business, and the second
result was deficient revenues to the gov
eminent. When people see that a govern
ment takes in less money than it has to
pay out they begin to get distrustful of it.
When the creditors OF this Nation saw
the Democratic party in power and saw
the kind of a policy it entered upon and
saw the results they got uneasy; they COM
menced demanding payment. and then you
heard for the first time that there was a
gold reserve, and, as the singer said awhile
ago. 1t was 'tumbling down. and soon
bonds had to be issued.
Now, my fellow-citizens. the best rem
edy for this whole trouble is to put the
Republican party back into power: restore
the policy Of a protective tariff. reinaugur-
ate the policy of reciprocity and give to
the American people an economic admin
i~stration under which the government
would have enough revenues to live and
everybody engage in business in this coun-
try and every laborer in the country find
something to do" prolonged aplause.)