Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1896-09-17
COMPLIMENTS TO CARLISLE
fir Bryan INDUCES in Little Sarcasm at the
Expense Of the Secretary of the
Treasury

Asheville N. c., Sept. 16.-In his speech
here Mr.. Bryan said:
Il stated in answer to an inquiry that
l would not support for president a man
who would in the presidential chair con-
tinne the present financial policy and
mortgage the United States to English
bondholders. (Applause0 l said it be-
cause l meant it. | may be wrong in
my judgment, because none of us are In
tallble, but my judgment is the only
judgment that can control my conduct.
(Applause)
Now, when the secretary of the treas
ury denounced me al a populist and said
had said 1 would not support the nomi-
nee, l replied that did not expect him
to support the nominee if the nominee
were a free silver man. The time came
when he was put to the test, and the only
difference between him and me was that
| was candid enough to tell the people
l would follow my conscience and he
tried to control a convention and then
bolted when he failed to do it, Great
applause) 1 have sent no letter beg
ging his support. Gaughter.) The
highest compliment he can pay me is to
oppose me, because then the world will
know the secretary of the treasury whom
l appoint, IL [ am elected, will be as diff
ferent from him as / can find. Great
applause) l do not dispute the right of
any democrat to vote against the Chi
cago ticket If he thinks its success will
imperil the country, but what l ask is
that these men who have been pretending
to be democrats shall now, when the
democratic party has been rescued from
the peoples spoilers, leave the name and
not to attempt to take that name with
them into disgrace. loud cries of
Rightly They call themselves true DEM
ocrats. No true democrat ever nomi-
mated one ticket for the purpose of voting
for another. We have this contest to
meet, and we are prepared to meet it,
We have cause that appeals to the in
tellect of those who think and to the
hearts of those who feel, and we are will
ing to place that cause in opposition to
the cause which merely appeals to the
pocketbook." (Cheers)
MI Bryan then went over some of the
arguments on the money question used
by him before, and continued as follows:
Il denounce the idea some seem to have
tnat the government has a right to les
sen the volume of money, but no right to
increase it. | denounce as false and in
Famous the doctrine that the government
has the right to starve the people by
taking their money from them, but has
no power to feed them by increasing
their supplies. When they tell you that
you ought not to invoke legislation for
the purpose of increasing the volume of
currency tell them you are following the
example set In 1873, when the money
owning classes invoked the power of leg
islatfon to strike down portion of the
nations money in order to raise the
value of the other portion. Great cheer
ing).
IF they can appeal to the law to take
away some of the money you had why
can you not appeal to the law to place
you back where you were? (Applause)
Some are afraid If we pass a free coinage
law there will be such an enormous in
crease In the volume of our currency that
we won't know what to do with 1t. You
can't read q speech made by our oppo-
nents but you will find contradictions in
1t, and one proposition will answer an
other. For instance, a man will say if
we had free silver 1t would give the mine
owner a profit of 100 per cent when he
took his bullion worth SO cents to the
mint and had 1t converted into dollar,
and 1t is a terrible thing to let him make
that profit. After he has worried about
that he will tell you as a matter of fact
that the law adds nothing to the value
of the metal under the free coinage of
silver and 80 cents of bullion will only be
a 50-cent dollar. Both these statements
cannot be true. If you convert SO cents
worth of bullion into a 50-cent dollar
there is no profit to the mine owner. And
If the mine owner makes a profit by con-
verting so cents worth of bullion into
100 cents then there are no 50-cent dol
lars.
"Then you win hear that under free
coinage we would be flooded with silver
until money would be so cheap we would
not have any use for it, and when you
have been frightened as badly as you
can be that way they will tell you this
cheap money will run the dear money
out, and it will take fifteen years with
our mints running at full capacity to
make money enough to take the place
OF gold, and that will make money so
scarce that silver dollar will be harder
to get than a gold dollar. Gaughter)
You can't have too little and too much
all at once"
In this connection Mr.. Bryan said:
mot a dollars worth of gold would leave
this country under free coinage until
those who held it felt they were benefited
by letting 1t go. But / do not admit gold
would go to a premium. / believe under
free coinage gold would come here in
stead of going away, and the only way
to stop the outflow of gold is to adopt BIZ
metallism and raise the price of wheat
and cotton and pay our debts in produce
instead Of gold" Great applause)