The times. [volume] (Richmond, Va.) 1890-1903, 1896-07-25

| tthat is a good name for. them nf the
| mining States, who like tho rvbbor lcirons
OF old time. are making an effort TO take
| a part Of the product OF this country from
the community without giving any service
I'm return. They are like the harons Of
England. who resisted the repeal OF the
tax on the bread Of the people against
whom Numbered Ebenezer Elliot. the
| corn-law rhymer. one may paraphrase
| the words Of Ebenczer Elliot.
', n.tf Is had money item. thou slave.
| Who robbers represent?
What IS bad money. then, thou knave.
Who lovst had government?
| Is e. the deadly Will that takes
| what labor ought 10 keep?
IL f. the deadly power that makes
Goods dear and labor cheap.
Many honest and sincere mon. and n
| few able men. like Senator Daniel now
support this force bill by means of which
the owners OF the silver mines are trying
10 defraud the people OF this country In
| the time OF the corn laws very large
body Of the deluded masses led 10y few
| able but sincere men. supported the harons
! OF England in their effort TO tax the bread
of the people 80 TO make bread dear
and labor cheap" when men are thus de-
|
| tor Daniel they let their minds run Wild.
| and there IL no argument so absurd but
| what they may cite II IN their effort 10
! sustain themselves.
| In this speech to which I refer, Senator
| Daniel imputed the effort or those VINO
sustain the single gold standard I'm this
| country to English influence. Strange
that a free trader. who knows what rub
bish the talk about British gold Is 10y
/
which a high tariff IN this country mas
been defended. should descend 10 the same
failacious folly on this money question
Now. what are the facts? The United
| KINGDOM OF Great Britain and Ireland
IS the principal customer OF this country
for grain. provisions, cotton, tobacco, and
1 other farm products. For mOre than ten
wears Great Britain has bought from this
| cottntrv at the standard Of the pound
! sterling. the single gold STANDARD, more
| than 800 5000, worth year mainly or
| these products, more than one-half Of our
total exports, and although We are her
greatest customer we have averaged %
| buy British goods during that period only
100000 worth "A year Great Britain
| has owed us year by year on the average
for ten yalrs S2O00.co0 I'm pounds ster-
ling that is 20 say In gold by weight
There is no such coin as Il pound sler-
ling ~,
Vow. what does Great Britain do with
most OF this MATERIAL She converts cur
cotton and our provisions into fabrics.
| Tho largest single article of export from
| Great Britain 10 Asia. Africa. south
America and other silver or paper money
states consist OF fabrics made almost
wholly from american cotton and Amerl-
can food Upon her bankers fall the
works tho expense, and the difficulty OF
converting the silver money Of her Gus
toners into the geld with which we I'M
sist that she shall pay us: yet Senator
Daniel and other deludcd victims or the
silver barOns support force Dill or act
Of legal tender under which these owners
OF silver mines may force silver dollars
into circulation which cost them less
than so cents on dollar In gold. upon
tho ground that If We DO not aid in that
nefarious transaction We shall be sub
iecting ourselves TO the dictation Of Brit
ish bankers and that we are influenced by
British gold One can hardly speak with
respect q men who subject themselves 10
such a delus.on. What could British
bankers, British merchants. and British
manufacturers more greatly and earnest
Is desire than TO be able TO gather I'm the
silver which they receive for their fab
RIGS made OF American cotton and Amer
lean food. send it over here, put It through
out mint at the cost OF the taxpayers
and force that silver upon our farmer.
under our own force biil. at loD cents on
a dolar2
Now when men ike Senator Daniel and
his coadiutors impute subscription 10
British gold and an unworthy purpose 20
those who would maintain the honor and
integrity OF this nation and keep its Mon
ey or unit Of value equal 10 the highest
standard OF the worlds commerce how
do they expect 20 Doe treated themselves
I'm what esteem do they expect 10 be held
and I'm what credit do they expect their
States and the people Of their States 10
De held which they thus misrcpresent and
discredit? How are the mighty fallen
Virginia was the home or statesmen Of
publicists. OF masters OF economic science
In former days. In what repute can Nir.
ginia be held and in what esteem can her
merchants. her manufacturers. her towns
counties and cities be held when their
leading senator lends himself 20 n force
bin cf which the main purposes can I'm the
nature Of things Doe but two:
First-The purpose on the part OF tho
mine owners to pick the pockets Of the
people while deludiug them with the idea
that they are giving them n benefit
Second The purpose Of debtors o. de-
fraud their creditors
How long will Virginia tolerate such
force bills or such measures?
Mr. Daniel thinks that the supporters
Of the gold standard are doing their work
In difference TO British influence. when
in point of fact he IS one Of the men. and
very conspicuous one who IS lending
himself 10 the support a. British inter
ests against the interest Of hts own coun-
try. How can such a man he so proviu-
cial so little informed Of the facts Of
commerce and SO Ignorant Of the real
status OF tho case? one Of the hest metal
workers Of Great Britain lately passed
through my Office on his way home from
trip through India. China. and Japan.
where he has a large demand for the
products of his machine shops IN which
he employees 1900 men or more His re-
mark on your present conditions was this:
we have had a considerable market I'm
the United States for our machinery. IN
spite n your high duties. We could not
expect 10 retain IL long I'm the face ~
v0n- progress in making iron md steel
at the lowest cost, but we are developing
our markets in Russia. Asia. and Japan.
and We shall hold them against any pos
sible competition On your part. so long
as you keep your monetary system I'm
confusion and your credit bad. There
fore, the longer Won maintain the silver
delusion and keep yourselves handicapped
10 ycur own discredit. the better we Ike II
and the longer your competition with US
IN the markets OF the world will be de-
ferred."
Mr. Daniel and hls companions are pro-
noting 10 the utmost the interests OF
fsaft 4 .