The herald-advance. (Milbank, S.D.) 1890-1922, 1896-07-31
Esl.AfNEON fsINEs'As!sNl.
How the POrnii>ts nave lAssfeffsFr,s
sentcd the Ittcrunces os .He
Dead.

stood. 1t is Il iavonts agJ&g Of e. i
Towne to wave his hands IA the all,
quoting some extracts from Blaine $
speech Of IS, aud say, 'eIhat's the kin&
OF q Republicans | am And by taking
isolated sentences here and there from
Blaine S gi eat speech. IA thing which has
been attended with less danger now th@t
Blaine Is dead. these boilers have sue
ceeded in persuadlng a great many
people thai Blaine was an advocate Il
the free coinage ~ silver at ratio of
Is 10 | by the United States. indepeN
dent OF the action vi any other country.
This Is libel on the dead. In order
that these tellers Of half truths aud
manipulators OF facts may no longer 10
able to quote Blaine in the northwest on
their side the Journal prints today in
tall the speech Which Mr. Blaine te-
llyeged on the Bland bill in 1878 This
speech il written Tor use today could
hardly be improved upon il any imrort
ant particular Mr.. Blamein his speech
stands suqarelv upon the ST Louis plat
form. He was a bmela!ist. but he dis
tinctly and positively 'euudiatod tho
idea that the United States is able to
undertake thi. business OF remoEeGzin.
silver without the cooperation Of othrr
commercial nations of The world Ito
said this in rs, when the silver III the
silver dollar was worth - cents How
much more vigorously would he say It
| today when the silver in the dollar IS
| only worth 80 cents. Listen 70 his
| characterization of the Is to | independ-
ent action proposition.
! TO remonetlze silver now, as though
the essential conditions had NOS
changed" (and that was only five years
| after demonetiZation) is Willtuiiv and
lllndly to deceive ourselves. II demon
etlzatlon was the on y cause or the de
cline OF silver, the remoretiZation woHli
/ be Is proper and effective cure. IE'
other causes beyona our control have
been far more potentially operative than
the simple tact that congress piohiblf.I
It's further coinage. ~ legislators Nr
are bound to take cognizance Of these
causes
These are the words in which Nr
Blaine denounced the proposition 10 En-.
rich the mine owners lit the expense oI
the general public:
AT current rates for silver. the tree
coinage of dollars containing IL -,
grams, Nor h IN gold about 81 cents,
gives an iIltgltlmate profit To the owner
Of the bullion, enabling him to take 50
cents OF ii To the mint and get II stamped
in coin and force his Iei9h tor TO take Is
for a full dollar. This IS an unfair
advantage which the government has 40
right 10 give to the owner ct the silver
bullion and which detrands the man who
is forced to take the dollar. Unless We
expect the invariable experience OF other
nations TO be in some mysterious Way
suspended for our particular benefit, ""
will inevitably lose gold coin: it vi |
flow out from us with the certainty and
force of the tides
Mr.. Blaine was IN favor OF the remone-
tiza,ion Of silver. !,e was bime,alIln', /,
but he proposed that The silver dollar
should contain a dollars worth Of silver,
and said:
"If | were to venture uTon a Gictun
Of the silver question: / should declare
that until European remonetlzes silver
We cannot afford to coin a dollar as lo1
as 1925 grains Tie dollar was a, THAI
time worth 92 cents Il we couid not
afford 10 com a2-cent dollars in sS he
, tore the stock OF silver in tie world had
increased SO enormously as il has since,
how can we afford TO coin a oa-cent dol
lar today
Mr. Blaine saw, too. inst where tho
burden Of the deprecated coin would
rest finally. and with its heaviest weight
/ lie said:
''If paid in a good silver dollar tho
: bondhudel has nothing 10 complain at.
Ii paid in an inferior dollar he has the
sane grievances which will lie uttere 4
still more plaintiye1v by the holders oa
the legal tender note ard Il tie natinnaf
bank bill. by the pensioner. by the day
, lahorer. and ly tile countless hosts of
! the poor whom We have with Us always,
and on whom the most distressing eiler,
Of inferior money will ultimately be pre-
cipitated'
Referring to the trade dollar Of 400
t grains, which WAS coined ut that time
! for the Oriental trade. Mr. Blaine eald
"This dollar contains ~ grains moro
silver than the famous dollar OF our
! fathers We have felt compelled to in
> crease The weight of the dollar wit
which TO carry on trade with the heath
en- nations OF Asia. Shall we 20 less
\ with tie American Iahorer at home: Nay
: Shall we not Go better with those ot our
y own blood and of onr own tiresit,e
! Charity the American laborer scorns to
ask. but. in his name. ask that the
: American congress shall not force nron
u the American laborer dollar which lie
i naked and famsh,ng latorers Of Inda
# and China refuse to accept
We hope the readers of the Journal
will read Mr.. Blaine's speech and see
! how shnmefully he has been misrepre-
:. sented by he ho'ting Republicans whr
= seek TO screen themselves hv holding M
h,cv .rv$n nd rc%C %Ctn ,.,,,