The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1896-08-15

authority or the supreme court. The party
utional power which remains after that
decision. or which may come from It's re-
Constituted" Is there any disloyaity IN
that picdgeY
Has No Apology 10 oner.
when courts allow rehearings. he said.
they admit that error Is possible: the late
dered by a majority or one after a rehear-
ing. While the money question overshad-
ews an otner QUESTION: Va importance:
Mr. Bryan. that shall offer no apology foa'
the income tax plank OF the Chicago plat
portion the burdens OF government more
equitably among those who enjoy the pro-
lection OF the, government, Az present
the expenses OF the federal government,
collected through internal revenue taxes
and import duties. are especially burden
some upon the poorer classes OF society. A
law which collects from some citizens more
than their share OF the taxes and collects
from other citizens less than thor
OF transferring. one. mans property
To another mans pocket, and while the
process my be quite satisfactory 20 the
never he satisfactory TO those who
are overburdened. Not only shall
an Income tax law by tho national convcn-
lion. but l shall also refuse TO apologize
for the exercise By. u OF the right TO dissent
"A government like ours. every public OIL
cial Is public servant, and the people have
a right 10 criticise his official acts. Nopuhlic
ofiiciai who conscientiousiy discharges hia
duty win desire 10 deny 10 those he serves
the right 10 discuss his official conduct.
All Favor BimetaIIism.
Then. entering upon what no declared
The paramount question Of the campaign
the money qucstion-Mr. Bryan said: II
~ scarcely necessary 20 defend the prin-
ciplo OF bimetallism. No national party
States has ever declared against Il, and
no party In this campaign has had the
demerity 70 oppose H. three s,, parIiesU,the
have not only declared for bimctaliism.
but have outlined the specific legislation
position by the side OF gold. The repub-
lican platform expressly declares that BIZ
metallism Is desirable when u pledges the
republican party TO aid In securing Il as
soon as the assistance OF certain foreign ma
tons can be obtained. Those who repre-
scented the minority sentiment In the Chi-
OF silver by the United states by lndepend-
ent action. on the ground that In their judg--
the establishment OF international bmet-
allism. 20 which the efforts OF the govern
ment should be, steadily directed. when
they asserted that the efforts should be
steadily directed toward the establishment
OF internstio himetailism. they con-
demncd recommendation.
Are They sincere?
is this quadriennial agitation IN favor OF
international bimetallism conducted In
good faith, or do our opponents really de-
sire TO maintain the E9Id standard =, per .h
superiority OF double standard when
Joined I'm by the leading nations OF the
world, or do they still insist that gold is
the only metal suitable for standard money
among civilized nations? III they are, In
fact. DESTROYS OF securing bimetallism, W.
a gold standard and defend bimetallism as
a system. II. on the other hand. they are
bending their energies toward the per-
Frau faH liuh INN M nf coll ugs.
ard under cover OF declaration I'm favor OF
international bimetallism, j am justified
be expected al the hands OF those who deal
dishonesty with the American people.
Test OF Honesty In Money.
The test OF honesty In money, he said.
must be plainly found I'm the purchasing
power OF the dollar An absolutely honest
dollar would not vary In It's general purchas-
ing power II would be absolutely stable
when measured by average prices. A dollar
Just as dishonest as a dollar which de-
creases In purchasing power. IL cannot
be successfully, claimed that monometal-
lism or bimetallism, or any other system.
gives an absolutely Just standard OF value
VIII No Longer lie borrowers.
III II Is asserted. as IL constantly Is as
serted that the gold standard will enable
w TO borrow more money from abroad I
reply that the restoration of blmelallism
will restore the parity between money and
property and thus permit an era OF pros
pie TO become loaners OF money instead
OF perpetual borrowers.
what Free Coinage Means.
AS against the maintenance or a gold
standard, either permanently or until other
nations can be united for It's overthrow.
the Chicago platform presents a clear aud
emphatic demand for the immediate
restoration of the free and unlimited coin
age OF silver ana gold at the present legal
ratio OF sixteen TO one, without waiting
Tor the aid or consent OF any other nation.
We are not asking that new experiment
be tried we are insisting upon "A return
TO a financial policy approved by the ex-
perience OF history and supported by all
the prominent stptesmen OF our nation
from the days OF the first president down
TO 1913.
When we ask that our mlnts be opened 10
the free and unlimited coinage OF silver
into full legal tender money we are simply
asking that the same mint privileges be ac-
corded 20 silver that are now accorded TO
gold When we ask that this coinage he
AZ the ratio OF sixteen TO one we simply
ask that our gold coins and the standard
silver dollar-which, be IL remembered,
contains the same amount or pure silver
as the first silver dollar coined at our
anints-retain their present weight and
iineness.
Actual Necessity for BlmetaiIlsm.
There Is an actual necessity for bimetal-
lism, said MIR. Bryan. as well as n theoret-
teal defense OF Il. During the last % years
legislation has been creating an additional
demand for gold, and this law-creatcd de-
maud has resulted In increasing the pur-
CHASING power OF facn ounce or gold The
restoration OF bimetallism I'm the United
states will take away from gold Just so
much OF It's purchasing power az was added
to Il by the demonetization OF silver by
the United states. The silver dollar ~ now
held UP 10 the gold dollar by lcgal-tender
laws and not by redemption Ia gold be-
cause the standard silver dollars are not
now redeemable In gold either in law or by
administrative policy. We contend that
free and unlimited coinage by the United
States alone VIII raise tho bullion value OF
silver TO rs coinage value. and thus make
silver bullion worth 81. % per ounce In gold
throughout the world.
Not Advocating Fifty-Cent Dollars.
Following In an earnest argument favor
ing the restoration OF bimetallism, Mr..
Bryan said: Perhaps the most persistent
misrepresentation that we have to meet IL
the charge that we are advocating the pay
ment OF debts Ia 50-cent dollars AZ The
present time and under present laws DI-
yer dollar, when melted, loses nearly half
its value. but that will not be true when
We again establish mint price for silver
and leave no surplus silver upon the mar
kot to drag down the price OF bullion. Tn
der blmetallism silver bullion Will be worth
as much as silver coin. just as gold bullion
Is now worth as much as gold coin. and we