The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-14

It's business in one Of his characteristic
teTse speeches with all his old-tilne
mental and physical vigor. The money
question was his chief topic
He said in part:
There are three requisites. all i'm
pDrtant for labor.
First, employment; second, kind OF
payment; third. rate of wages. With
out employment the other two are Of
no consequence. The readiness and
fullncss Of employment CONTROLS to Il
great extent the rate of wages. The
kind of payment depends upon legal
tender legislation In reference to
money. The leEal tender, that Is the
debt paying value of money. and it's
commercial value ought tn be the same.
1t is not labor suffers most, for the
laboring class is always a creditor
class. the largest in numbers If not in
the amount of money to be paid.
Within the last two months -four
national conventions have met and
nominated presidential tickets. The
first composed of Republicans, nom
mated William Mckinley, the boy sol
dier and man statesman; with positive
declaration for money of the same le-
gal tender and commercial value, and
in favor of the development of Amen-
other three conventions each with its
representatives and advocates of sec
tiOnalism y"nudiatiOn. and anarchy
and every other form of social disorder
and lawlessucss. in it's harmony of dis
cords nominated ticket with one head
ana two tails. Tt is not yet settled
whether the head shall Wag the talls
on the tails shall Wa% the head.
DISCORDANT ELEMENTS AT WAR.
In trying to fuse all these diecordant
elements the trouble seems to be in
settling who shall he Jonah and VINO
the whale, The PODulistS are in doubt
whether to keep the middle of the road
or to take to the deep sea. II makes
but little difference which they do, for
their condition win be that of the boys
description of the traveller, who in
Quircd of him which road he should
take. and the boy replied take either,
hut before you get through you will
wish you had taken the other.
There is in this country today fifteen
hundred millions of dollars in gold.
silver and paper money. All of which
bN a pledge Of the government Is main
tanned on n parity fOr which the gov
ernment keeps SlGO.0O0,0OO in gold This
can be done without any trouble by
the government, provided the volume
of silver and paper shall not be IN
creased. and that the revenue of the
government shall equal or exceed its
expenditure. That is just what it did.
with this same volume of money and
Of the same kind, previous to lN!2. by
reason of this government pledge" each
and every dollar of the S,Jon ,OuOOUo rs
eNChangeable one into the other at the
will of the holder. 1h" silver or paper
dollar buys just as much Of anything
rs the gold one. and even buys the
gold dollar itself. What more could
possibly be done with them as money
why not then leave the money of the
country as IT is2 1t seems to be
chronic disposition in human nature,
never to let wen enough alone. Four
years ago the country was in III" en-
ioymcnt Of greater prosperity than in
anv former period Of its history. vet
n majority of it's voters in one of their
epasms Of unrest, voted for change,
and they have wanted change ever
since, more than they did then.
INFATUATED SILVERITES.
Why all this agitation about silver.
What is its real cause The silver mine
owners Of five states i'm tue Union with
a uuuulatiun all told less than that Of
the city of Philadelphia hay" seen the
product Of their mines like all the other
silver mines OF the world, gradually
declining in market price since 1870 ana
1871 until now ii is about oUc-halt
what il was then. Then sixteen ounces
of silver in any market Of the world
would buy one ounce of gold. Now 1t
requires i'm the same markets about
tlirty-twO ounces of silver to buy one
ounce of gold. The free coinage Silver
ties at the old ratio Of value, insist that
this change in the market price is not
caused by silver going down. but it is
10y gold going up. ignoring entirely tho
facts as to the great increase int silver
production over gold. IN the last TWEEN
ty-nve years. in not only the United
States, but in the world they insist that
the real cause for the decline in market
price has been. by the money Kings and
ruling desputS of the world furminG Il
conspiracy to reduce people of this
country to hcwcrs OF wood and drawers
of water. This absurd reason was
given in the speech Of presiding officer
Of one Of these conClomeratc Cunveh-
tions. and it was repeated in various
forms by most of their rhetorical ora
tors. Their silvcr-tonguod and silver
pIated orators. were never surpassed in
the eloquence of their imaginary facts
in support Of visionary theories. With
fearful earneStnesS they Insisted that
the only way to preserve American lib
erty and save to coming times the great
principles Of the Declaration Of inde-
pendancc. IS FOR the people to rise in
their might and demand ana secure
legislation that viii make iifty-three
cents of commercial value pay debt
of one hundred cGnts.
And that by law sixteen ounces of sill
yer shall be made t. buy in the markets
of the world one ounce Of gold when
everywhere in such market. 1t re-
qurcs almost thirty-two ounces of sill
yer to buy one ounce of gold. That is
all there is in these frenZied denuncia-
l.. II
money.
JEFFERSON THE MODERN PLATE
In 1896 Jefferson issued an official or
der suspending the coming of silver dol
lars al the mints of the United States
From that time until 1884 no silver dol
lars were coined and only n little over
one million Of them after 1884 until 1850
From the eSta blishment of the United
States mint i'm 1892 to 1880 only eight
millions of silver dollars were ever
coined and a few If any OF them, were