The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-09-06


is calling attention to the fact that un
! der the present system we are no
maintaining the parity between the dol
lar and the property which a dollal
VIII buy. Cries Of ''good.'D The golC
| standard advocate is more concerned
about difference Of l per cent between
| two dollars than the difference of 1O
per cent in the price OF a dollar nov
and twenty years ago. People tell yol
! the American dollar is so much better
, than the Mexican dollar because lit vii
buy two OF them. You tell him wher
an American dollar will buy two Mexi
can dollars it Will buy two bushels OF
wheat, bur the time viii come when q
Mexican dollar will buy three bushels
OF wheat. You say you want a dollar
good How good? So good that YOU
can't get hold of it? Laughter.) They
tel us the labOTing man is Interested in
the gold standard because he wants a
dollar to buy as much as possible. The
laborlng man is more interested in hav-
ing the
OPPORTUNITY TO EARN
a dollar. We have hard times and
railing prices, which are hard on the
laboring man. Laboring men know
that when legislation makes it more
profitable for a man to lock his money
up in vault and gather in the rise
In its value he will do that instead of
employing labor in the DEVELOPMENT of
the resources OF the country. There is
only one way to open the avenue to
business and thus give employment to
labor, that is to restore enough stand
ard money in the country to justify a
man in spending his money in enter
prIseS instead of locking it I'D. Thew
talk about a 50-cent dollar 1 never
heard man say that without think
ing of the man who said he had been
so long without a dollar Of any kind it
would be a godsend to him to see any
kind Of a dollar
Mr. Bryan went on to say that people
are afraid that under the free coinage
Of silver we viii have a food of money,
and advised all who feared that flood
to vote the Republican ticket.
His party, he said, opposes the gold
standard because they believe the de-
mand for gold has been pushing it's
value up and the value of other things
down. They believe the gap between
gold and silver has been produced by
hostile legislation. and that friendly
legislation Will give us a gold
dollar and a silver dollar of equal
value. Answering the question:: IF a
silver and gold dollar were worth
the Same under bimetallism, how will
it be easier to get a dollar?' Mr.. Bryan
SAID:
What we complain of most is that
the money owning and money changing
classes have made dollars dearer by
making them scarcer and by destroy
ing them, and they did 1t because they
were interested in having money go
up, and you, who have property, have
a right to protect yourselves against
the
CONSPIRACY TO DESTROY
part Of the value of your property.
applause. 4 voice: "a man here
wants to know a little about the old
soldier') I want to say the crisis we
are now approaching appeals to the old
soldier as much as it did in 1861 If
men in this country were willing to
march upon the field to sustain a gov
eminent by the people and for the peo-
pie, I want to know why they cannot
give one Gay in the year, and that cleo
ton day, TO stand by a. government by
three cheers.) [ am not afraid that any
man who risked his life in his nations
behalf is going to be influenced by the
arguments that are addressed to SOL
dierS now by the financierS who during
the war, looked out for themselves and
left the soldier to look out for himself.
(Applause.) I am not afraid the men
who were willing at that time to en-
dure the dangers of war because they
believed that the black men should be
free, are going TO join the ranks of
the gold standard to enslave 70,0OO,0O0
Of people, black and white (Ap-
plause.)
At this point the rain had nearly
ceased A voice: THE sun is coming
out" Great cheering.)
Now, one or two suggestions, and I
shall close. Cries Of Go on.'O I
want you to remember the value Of a
dollar
DEPENDS UPON THE NUMBER
of dollars When you legislate in re-
gard TO the number of dollars. you
affect their value. This principle of
science is understood by your
They have understood it
because they have invoked legislation
TO destroy part Of the country's money
to enhance the rest of the country's
money. When they tell you that YOU
don't understand finance you tell them
the man who talks about money and
ignores the law of supply and demand
which simply means that if we have
too little money, money becomes dear
the man who talks that way is as
ignorant of money as a child is If
he throws a stone into the air and
then does not understand that by the
attraction Of gravity, it must come TO
the ground, because the action Of the
law Of gravity is not more inexorable
than the law of supply and demand.
and we base our argument on it. They
tell YOU we ignore the law of supply
and demand in regard to silver We do
not. If we Increase demand we in
crease the price, and when we open
the minis to silver we increase the de-
mand for silver, and that Increases the
price Of silver When India closed her
minis in 1898 silver fell. When the
United States stopped buying silver in
1898. it fell. Why? Because you had
legislated the demand out of existence.
We believe the demand furnished by
100000 of people is sufficient to use all
the silver that can come to our minis.
If that is true no person
WILL SELL HIS SILVER
for less than s1.29. But they tell US
that Mexico has failed to do So Some
people Will not be expected to vote for
US. OF course we cannot have them
all and l am willing that the Republi-
cans shall have the vote Of every man
who thinks the United States are not
larger than Mexico. daughter and ap-
plause.)
IF Mexico was enabled with other
nations now using silver, to furnish a
use for all the silver that woul6 go to |
Continued on page %