The weekly intelligencer. [volume] (Lexington, Mo.) 1891-1901, 1896-07-11

patronage. That Dill gOC It's 0eatl DlON
in the senate. but there was Lo5 q single
democrat III New York or New England
to vote against it. If YOU gentlemen
have helped to save the South, it has
also helped to save you in the East; but
whether the South should be V OIL
not, those great American republican
senator's from the West-Teller. Wal.
colt, and your Jones and your Stanford,
of California-sank their partisan feel.
ing on the altar of their patriotism and
came forward 10 the rescue of the
American institutions.
No man. gentlemen, in this high
noon of u countryS fraternity, can
revive force bills now in this ~recOnciled
and reunited republic. Our opponents
themselves have abandoned them.
There is none that IA stand between
the union OF hearts and the union OF
hands that L. 5. Grant, i'll his dying
vision. saw was coming on angels
wings 10 all the SONS of our common
country. When Chicago dressed South
ern graves in flowers. she buried sec
tiOnallsm under a mountain of fra
GRANGE. When Southern soldiers on
yesterday cheeTed the wounded hero of
the North, in Richmond, the South an
swered back: Let us have peace;
peace, union and liberty, now and for
ever
INIQUITY OF II GOLD STANDARD.
las the majority of democrats is not
sectional, neither does it stand for any
privileged or class legislation. The
active business men of this country, its
manufacturers. merchants, farmers,
sODS of toll i'll counting room, factory,
field and mine, know that the cOntrac-
ton of the currency sweeps away with
the silent and resistlesS force of gravita-
ton the annual profits of their enter
prise and Investments. They know,
too, that the gold standard means con-
traction and the organization OF diSaS-
ter. What hope is there for the country
and what hope is there for democracy
unless the views of the majority here
shall be adopted? Do not the people
know that it was not silver legislation,
but legislation dictated by the advocates
of the gold standard that has caused,
and now continues, the financial de-
preston? Do they not know that when
their demands upon democracy were
complied with in 1898, and the Sherman
law repealed without a substitute, that
the very state of h East that demand
ed it turned against the democracy who
granted it and swept away their MAORI
ties in a torrent of ballots?
Had the silver men had their way
then, instead of the gold mOnometal-
lists, what storms of abuse would here
today be emptied upon their heads; but
the people, applying the power of mem
DRY and analysis alike to discover the
causes of their arrested prosperity, need
not go far to find them. They do not
forget, when democracy came to power
in 1898, it inherited from its republican
predecessor the tax system and the cur
rency system, of which the Mckinley
and the Sherman laws were the culmin-
ating atrocities. 1t came to power
amidst a panic which fifty followed up
on their enactment-with strikes, lock-
outs, riots and civic connections, while
the scenes of peaceful industry in Penn
~sylvania had become military camps.
Beside manifold oppressive features, the
Mckinley law had thrown away $5D,OpO,-
900 of revenue derived from sugar under
the special plea of n free breakfast table,
and had substituted bounties to sugar
planters, thus decreasing revenue and
increasing expenditures, thus burning
the candle at both ends, and making the
people pay at last for the alleged free
breakfast.
THE NATIONAL DEFICIT.
From the Joint operation of the Nc
Kinley law and Sherman laws, an adj
verse balance of trade was forced against
us in 1893, a surplus of 500, 900 900 in
the treasury was converted into a deficit
of $40, 900 600 in 1894, and engraved
bonds prepared by a republican secre-
tary to borrow money to support the
were the ill OmenS of the
ruin that awaited the in
democracy. More significant
still, the very authors of the ill-starred
Sherman law makeshift were already at
confessional upon the stool of penltence,
aud were begging democrats to help
them to put out the confiagratiOn of
disaster that they themselves had
$50 far as avenue to support the gov |
is concerned, the democratic
party, with but a slender majority in
The senate, was not long in providing
1t, and had not the supreme court of the
United States reversed its settled doc
of 100 years, the income tax incor-
in the tariff bill would long
have abundantly supplied it.
Respecting finance, the republicans,
populists and democrats, while differ
upon almost all other subjects, had
in 1892 in declaring for the resto-
ration of our American system of blmet-
lllisp. BY republican and democratic
efforts alike, the sherman law was
swept from the statute books, the eager
ness To rid the country of that republic
incubus being so great that no
prudent effort was made TO provide a
In the very act of the Sher-
nan law repeal, it was declared to he
he policy of the United States of Amer
TO continue the use of both gold and
silver as standard money, and to coin
hem into dollars of equal intrinsic and
'xchangeable value. The republican
has now renowned the creed of
is platform, aud of our national
pledges, and presented to the country
he issue of higher taxes, more bonds
md less money. 1t has proclaimed at
asst, throwing away the DISCUSSES. the
British gold standard. We can only
expect to succeed, my oOuntrymen, Il
'pecimen of panic and IA long prolonged
JeriOd of depression. Do not ask us
hen to Join them i'll any of their propo-
Least of all ask us to join them
the money question and fight Il
iham battle yer a settled tariff, for the
money question is h paramount issue
before the American people, and 1t in
-olves true Americanism more than any
icOnnmic issne that eyer was presented
o a president ut IA presidential election.
TIE EXISTING STANDARD.
1.-The existing gold Observation-Disclosures
the idea that we are upon it?
The last enactment of congress on the
in repeating the Sherman law,
ledged the whole country to the con-
inuance of the double standard. We
re not upon any gold standard, hut we
ave a d%isordered and miscellaneous
of nine varieties, three metals
nd six of paper, the product for the
nOst part of republican legislation, rem
cred worse by the treasury practice
'egun by republican secretaries, and
Unfortunately copied by their demo-
successor. (Applause.)
Then consider these facts, gentle
hen: The federal, state and municipal j
in this country are assessed and
aid by the standard of the whole mass
f money in circulation No authority
as ever been conferred by congress for
he issue of any bonds payable i'll gold,
distinctly refused. The specie re- |
umption of 1873 gave the surplus reV- '
nue. in the treasury, not gold only, as {
he money of REDEMPTION. Provision {
lade by the Bland-Allison act of 1876 {
dded to our circulation some $3.50, OOO,- [
% of standard silver money, or paper {
ased upon it, and all that mass of t
liver money is sustained at a parity l
,ith gold by nothing whatever on !
arth but the silver in 1t, and the legal I
ender functions impaired TO it by law. a
4pplause.l We have no outstanding I
bIigati0nRiin the United States except d
ne small sum of $t4 GOD 900 of gold cel- u