Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1896-08-08

w,r, practically up to 1879, NOW me
nmouni Of gold and silver in the woIlu ioi
I'M ,.,ars AND More has been substnhtlaiiE
canal In value at a ratio OF Hst." AMER,
baIf or sixteen to one. You probably can
not verify all | say, OF course W'tHo",
some study and investigation With
hope YOU will give. Applause ana 'H''i
1t is very evident that lneSf PeuP.. u' Ia
believe In verifying anything ny sludy anu
Observation-Disclosures ana iausH'e'4
hut prefer to take II on the SIDE
oNow my friends and enemies-pod'i'hi
.,,nies Of course, / mean-l do nor ask
Won 10 believe anything say lApP'auSe
and cheersl II is entirely possible ! am
mistaken In some things. ! nave ueth NAM
limos. | undoubtedly shall be again An
hone TO do and shall do Is to give you Solhv
hing to think about, and ask YOU TO 'h'nh
IL out and work It out for yourselves oHu
not to be fooled about II.
Cheap Money Advocated
cold and silver, as / have SAID nave oeeH
tbe money of the world. Ana mere an
other fact which even the intelligent iehtie-
man will not dispute-thRt tha value ~
everything depends largely upon me a",oun'
of money there Is In the world. Inc more
money there Is In the world the cheaper
,bat money IL, which is very evident. lap
,Iauesl Th more wheat there IS IN the
world The cheaper II Is. Thu more OF any
~mmo there is In the word inc
cheaper It Is, the less there is OF any COM
modify In the world the dearer II Isl ana
thnt applies to money the same as every
thing else. And upon this, stranger!
enough. the gold and silver men agree
alike. The senator says we wan; Il I'-cent
dollar. and that there Is so mnch SiNer III
The world that If We coined II II VIII DC
worth only 90 cents, when proves tAae'lS
Inc u%osition | take-that the more there Is
The cheaper It Is, the ,ess there is The dear.r
II Is.
Now. up to 1873 every farmer, every
business man, every person who contracted
n debt or obligation of any KIND knew that
that was payable either In gold or silver,
and that he had recour3 to all the Eold ana
silver of the earth from when to draW tle
money to pay the obligation winch he lhauo.
they understood perfectly well maj Al
| the mounts and valleys and mis- Oh INC
whole world were open to them ana if"m
ali OF these they could dig o,;t the gold ana
the silver alike. and that these would be
taken, either one. as the Debtor saw NJ 10
choose, in payment OF the obligation mat
he made,
"From about 1850 to 1873 Yves growing up
the great manufacturing ana conllnef'Idl
| spirlt. which has been stronger durlnG
| those years than In any previous history
of the world. Factories, mines, mills, ran
roads, the great development OF all the ma
tons OF the earth, was tal,iuS place largely
from 1850 to 1873 or 1879, In all these years,
also. municipal, state, national ana private
Indebtedness was growing up as welt. IL
was growing up because Of the enterprise
and industry Of the people, not alone OF
America, but Of the whole world, too, Dur
ing those same years were growing up thHt
class of people who have not only been a
blight to this age, hut the blight Of almost
every age that has gone before the great
creditor class Of the earth, During those
years the public and private, the municipal
and national bonds of the world were be-
ing accumulated in The hands of Il few pto-
pie IN the older nations of the earth. All
Of these bonds, all of this Indebtedness, was
payable from all the gold and all the silver
that would be dug from every mountain
Of the earth.
Creditor Glass Under Fire.
"Can any person tell me why In 1878 1t
was Il good thing for the American people,
or for any people, TO strike down ohe-haIl
the money of the world and provide that
IA load of Indebtedness should he Paid IN
gold alone? Has anyone ever given to any
person "A valid reason? II you plac, the
world hack in 1873, why should une-halt the
money he destroyed and the iohtor ana the
business people be left TO hear this whole
burden by paying dollars twice as large as
the ones they contracted TO ptS'
Fright here we are met with several as
symptoms. We are told of a Sl-ccut dollar.
My friends, the contention of the men who
struck silver from the statute books, and
provided that all the Indebtedness should
be paid IN gold a~lone-their contention was
not to have a dollar, but they were then
lighting for II two-doliar dollar, TAP
~plausel And We of to-day who ask to ~
back to the money OF the constitution aud
the only money under which we ever had
any fair prosperity, We are not fighting for
4 N-cent dollar, hut We are fighting aEains,
the two-dol,ar dollar OF Wall street and
Lombard street. l~.Applausel
about 1873 Germany demoNetized silver,
and the years preceding 1873 We're he years
OF Gtrmany's greatest Elury ana her great
est power. Following uloA tina. France
demouetiscl ii: following upon that som,
other European nation, AMI then America,
demonetized Il IN tNr0 WHY was l. deUer
Were the people OF this country ever ap-
pea!ed to TO strike down the silver money d.
Was ii because of the producer. the owner
Of the factory, the t,l,tr Of the soil. the
laborer In the shop No, Il was dune in
obedience TO that same power which un-
dermined the foundations Of hOme, which
has destroyed every civilization Of II.
past, which is seeking to destroy thi,
, civilization Tor its own personal end--that
power which knows no law, no religion. uJ
politics, nc policy excepting to accumulate
the dollars 1t was done 10y the great
creditor classes Of the worl5, who had
gained control of all the oliar nations o,
p The sWFnh ami SnN f4 H.- T4A ..r ..