The advocate., 1896-08-19

because they have felt its effects, Since
they sell at wholesale and buy at retail
they have lost more than they have
gained by falling prices, and, besides
this, they have found that certain fixed
charges have not fallen at all. Taxes
have not perceptibly decreased, although
it requires more farm products now than
formerly to secure the money with which
to pay taxes. Debts have not fallen.
The farmer who owed $1,000 is still
compelled to pay $1,000, although it may
be twice as difficult as formerly to oobtain
the dollars with which to pay the debt.
Railroad rates have not been reduced to
keep pace with falling prices, and be-
sides these items there are many more.
The farmer has thus found complaint
against the gold standard.
& y X X
"The charge Of Reputation comes with
poor grace from those who are seeking
to add to the weight Of existing debts by
legislation which makes money dearer,
and who conceal their designs against
the general welfare under the euphonious
pretense that they are upholding public
credit and National honor.
"In answer to the charge that gold will
90 abroad, it must be remembered that
no gold can leave this country until the
owner of the gold receives something
in return for it which h0 would rather
have. In other words, when gold leaves
the country, those who formerly owned
it will be benefited. There is no process
by which we can be compelled to part
with our gold against our will, nor is
there any process by which silver can
be forced upon us without our consent.
Exchangeslare matters Of agreement, and
if silver comes to this country under
free coinage it will be at the invititation
of some one in this country who will give
something in exchange for it,
10 closing he used the following Ian
gusge:
"CIT1zENs OF New YoRK:-I have tray
eled from the center Of the continent to
the seaboard that | might, in the very
beginning Of the campaign, bring you
greeting from the people out West and
South, and assure you that their desire
is not to destroy, but to build up. They
invite you to accept the principles of q
living faith rather than listen to those
who preach the gospel of despair and
advise endurance of the ills you have.
The advocates Of free coinage believe
that, in striving to secure the immediate
restoration of bimetallism, they are
lsboring in your behalf as we'll as in
their own behalf.
"a few Of our people may prosper
under present conditions, but the per-
manent welfare of New York rests upon
the producers Of wealth. The great city
is built upon the commerce Of the ma
tion and must suffer il that commerce is
impaired. You cannot sell unless the
people have money with which to buy,
and they cannot obtain the money with
which to buy unless they are able to sell
their products at remunerative prices.
production Of wealth goes before the
exchange Of wealth; those who cheat
must secure profit before they have
to share with others. You can
not afford to join the money changers In
support of financial policy which will
destroy the purchasing power OF the prod
ucts of the soil, and must, in the end,
discourage the creation Of wealth.
~ ask, expect your cooperation. It
is true that few financiers would fashion
a new fgure-s figure representing Co
lumbia, her hands bound fast with fetters
Of gold and her face turned toward the
East, appealing for assistance to those
who live beyond the sea, but this figure
can never express your idea Of this ma
tion. You will rather turn for inspirs-
tion to the heroic statue which guards
the entrance to your city-s statue as
patriotic IN conception as it is colossal In
it was the gracious gift Of
sister republic, and stands upon q pedes-