Courier Democrat. (Langdon, N.D.) 1891-1920, 1896-10-22
.r.onttnued rrom TAird Pase.)

ret hold OF tnemE Anat - :. veIy Svl1ut ~
s sore a voice. "Yes.'D How can you set
Ms money Into clrculatlon7 To my mind
~ ia a very absurd one, because never
had any trouble getting my money into CIR.
culatIon. daughter and applause) My
Getting into circulation before wanted 1T
- Gsencwed laughter.) Let me show you
scu this gets into circulation. II man
works a week and gets his wages he puts
that money into circulation whenever he
huys anything; II he works on a farm for q
vear and raises crop and sells 1t he puts
;hst money into circulation whenever he
huys something with It, Under the flee
coinage of gold q man goes down and pro.
dmces gold, takes 1t to the mint, has 1t
coined into money, the money is handed
hack to him, aud whenever he spends 1t he
coinage of silver a man goes out and mines
silver has 1t coined, the dollars. ere Ills.
and the moment he spends them, he puts
them into circulation, and when these dol
lars are put into circulation they are part
Of the money Of the country. to be used in
exchange for all the property Of :he coun-
try. applause and cries Of Good, good.')
But you say "How Is 1t going TO be any
easier to get that money than 1t Is now?"
It is easier to get money from people who
have money than It is to get money from
people who haven't any. Great laughter
and applause) If you have property to sell
and nobody has money to buy with, you
don't get any price for your property; If
YOU have property to sell and other people
have money to buy 1t with, you get some
thing for your property when you sell it
(eThat's rightly
Our opponents ask US how this money is
going to help US. The man who asks that
question Is always glad to see money come
In from abroad. I ask him, how Is this
money that comes in from abroad to be of
any benefit to us? why" he will say,
"the nan who sends In money from abroad
sends it in to buy something with" The
man who says we have enough money In
this country now, can't consistently he
glad when money comes from abroad, be-
cause If we have enough now we would
have too much II any more came from
abroad. daughter and applause.) And II
we haven't enough now and rot money
from abroad, I submit that it Is better to
have money come out of our own INNINGS
and be our own money than to borrow
money abroad and have to pay double for
L.. Great applause)
My friends, the creation If money cnmes
before its distribution. If your laws pre-
vent the creation of sufficient amount
of money, then you don't cave sufficient
amount Of money. And yet our Republican
friends, in the face of decreasing eur
rency tell US that 1t Is not lore r'oncy we
need They go on the theory that the less
money there Is in the country the more
each man will have IT it. (!4aughter and
applause0 That Is the new KIND If arith.
metic. We say that Until you put this
money into existence there Is no money
to exchange for products an. that the only
way you can preserve parity between
money and property, the only way that you
can maintain stability in price, uniform
average prices, is to have money sufficient
in quantity to keep pace with the demand
for money. (Applause.)
If that proposition Is wrong, then, my
friends, all propositions ON the money ques.
ton are wrong. But that proposition is
right, and we can prove that proposition;
not by Democratic testimony; we can prove
1t by Republican testimony. (Applause.) 1
call your attention to what Mr.. Blaine said
in 1878, when he said that the destruction
of silver as money and the establishment
Of gold as the sole unit of value would be
ruinous to all forms of property except
those investments which yield q fixed re-
turn in money!, that these would be enor-
mously increased in value and would gain
disproportionate and unfair advantage
over the other species Of property. Mr..
Blaine recognized it. He recognized that by
destroying part of your money you made
the remainder more valuable, and that in go
doing you help the man who holds Invest
ments which yield fixed return In money,
and hurt the man who had other forms OF
property.
S~~NSS
fast-changing times. you may tell me that
to quote a speech eighteen years old Is out
of date. I will come nearer home. Mr.. NC
Kinley made speech in $780, That Is only
six years ago. It was In support OF the
Sherman law, and at that time we were
adding about $24, 5000 year to the cur
rency under the Bland act; and In that
Sherman law there was a provision for the
addition Of larger amount of the money
to the currency annually, and in his speech
on that bill Mr.. Mckinley said that he
would vote to add 100000 year to the
$24, 600 already provided; and there de-
clared that the people needed more money
Applause.)
If the people needed more money when
they were getting $24,OOO.0OO year new
currency; if they needed $3O,OOO,OOO besides
the $24,000,O0O, my friends, 1t Is hard
rency is decreasing, to say that we don't
need any more money, but what we need
is to put the money we have to work.
Applause.)
A Voice-Conhdence.
Mr.. Bryan-Yes, my friend has struck the
keynote of the Republican campaign-con.
fdence! (Laughter.) My observation is tnat
when confidence man comes into the
community daughter and applausc) the man
who has the least confidence gets OH Win
the most money. Our opponents al say,
"Give us confidence" My friends, you
nave got TO nave something Aoi SoAAA0SAS0
to rest upon. The trouble is that the peo-
pie have more confidence in the correct
ness of Mr.. McKinley's position six years
ago than they have in his position now.
Applause) They have confidence that he
was right when ne wanted more money,
and wrong when he thinks that we have
enough now. (Appleuse) And they. have
good reason to feel that confidence IN the
former position rather than in the latter.
because Senator Sherman spoke In $3.50,
and he went on to prove by figures, by
population, that we needed about $54,OOo,..
900 of new money every year. Instead OF
having new money every year. the treasury
statistics show that we have $150,OOo,oOo
less this year than we had two years ago
In circulation. (Applause) These are treas
ury statistics. And yet our opponents say
that we must maintain the present imam
cial standard, the present financial policy.
The present financial policy means more
bonds; and more bonds means more &C.
emulation of idle money in the treasury,
and less money at work among the people.
(Anplause)
You go to a bank to borrow money, ane
they will tell you that they can't loan 1t t.
you; that really they have loaned down al
low as thew dare to loan. You destroy