The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1896-09-28

f3 for lit little while?" said Mr. Bryan, Cries
OF Yes, Yes were heard on all sides),
and he continued
Il do not come to preach to you new
gospel The position which we take on the
money question is an old position, not a
new one. We are not flying in the face of
natural laws as our opponents some times
assent, nor are we trying to overturn
the principles of political economy Those
who advocate bimetallism are the only
ones in this campaign who are telling
raj laws Of trade When I define an hon
est dollar as an honest dollar which does
not change in its purchasing power it
may give to YOU a definition which has
on political economy. When / give you
that definition am Simply giving
you definition which has been given to
the world by that distinguished educator
honor not only to the city and to this
State. but to the nation. (Applause)
President Andrews. in a recent work en-
titled AN honest dollar commences the
quote 1T is always assumed or ad-
mitted that the ideal sort of money would
be money with a unit, having stead
fast general purchasing power" When
Prof. Andrews describes the ideal money
as a money whose unit is the steadfast
general or average purchasing power, he
planted himself upon the solid rock and
all the financiers of this and other coun-
tries cannot prevail against character of
this definition (Applanss0 The poet
has told us that IAN honest man is the
ment this statement by adding that an
honest dollar, wherever IT is found or
made, win be the noblest work of man.
But, nay friends, the gold dollar which
is praised today as the honest dollar is
not the honest dollar and those who
love 1t most love it because of its own
dishonesty as a dollar. tApplause.) An
honest dollar is one which preserves its
general nI3TPhqsinE frQtrr fay n
day and from year to year, then the dol
lar which rises in purchasing power is
just as dishonest as the dollar which falls
in purchasing power.
Ii one of our Western men advocates
,bimetallism and calls attention to the
injustice Of the gold STANDARD, they say
learned man like Prof. Andrews advocates
bimetaiiism anddenounces the gold stan
dard with emphasis which cannot be sur
Parnnr hath 40 ade eaey & 5ay OF hm VIZ san
that anybody who has piece of gold suf-
ficient to make a gold dollar can have
that dollar coined into dollar. And
can at any time convert that bullion
into money enables him to charge for
that gold bullion the mint price: The
mint price for silver would be established
the same as the mint price for gold has
been established. Under free coinage at
is to / a man knows who owns% silver
and have it converted into
dollars OF one hundred cents of United
States money. Some of our opponents
have been calculating as to how much
money they could make under free coin
age in buying silver for so cents and hav-
ing it coined into 100 cents. If any of
you held silver bullion would you sell
1t to anybody for half the market price
and let the purchaser make the profit?
The Republican party does not present
any financial policy and say that they
purpose that the policy will benefit the
people The Republican party simply
proposes to maintain the policy of their
platform and that platform processes to
be bad when it promises to main
tain that policy until foreign nations
come to our relief. But. my friends
if you believe the United States
Government should have a financial policy
of its own, suited to its own needs, its
own people, administered by the hands
of those who love her, then you can only
express yourself when you act with those
who advocate bimetallism at 16 to ! with
out the aid or consent of any other ma
ton upon the earth. If the financiers who
want the Government to issue bonds, so
they. can buy bonds, have the right to keep
the Government issuing bonds all the
time putting debt upon the people, then
Won. the people. have to be taxed to pay
those bonds.