The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-09-01
TELLER ON COINAGE
Issues Of the Day Logically Discussed
by The Colorado Senator.
BRYAN HAS NO SUPERIOR
The "5o-Cent" Dollar Argument
sxploded-A Concise Statement
of Facts and a Clear Expla-
nation of the Question.

Colorado Springs, Col, Aug. sl.-Sen-
ator Henry NJ. Teller delivered tonight
In this city the only speech which he VIII
give in Colorado this campaign. Long be-
fore the hour Of opening the doors an
immense throng. numbering thousands,
crowded the streets leading to the hall
In which the address was to be delivered.
When Senator Teller arose TO speak more
than 1900 people occupied every available
space in the Coliseum and a thousand
people crowded the outside Of the hall
and cheered from time to time. Senator
Teller was given a regular ovation when
he arrived In Colorado Springs this af-
ternoon and later at the Antlers hotel
The scenes which greeted him at the
opening OF the meeting beggared descrip-
ton. This city ID called the hotbed OF the
Mckinley sentiment OF the West and the
meeting tonight was all the more re-
markable for that fact.
Senator Teller was introduced by May
or Plumb. The senator was greeted with
prolonged applause and cheering. He said
in part: Such a gathering here tonight
shows that the people OF this section
are interested In the issue now before
you. came to talk to you, not princ.-
pally of the silver question. but OF
remedy for the existing evils. ! do not
charge that any one is less patriotic than
/ am because he differs from me. We DIFF
fer as to methods. have becn attached
TO that great organization. the repubh-
can party. having helped to create II and
give II form. II was dear to me because
/ believed Il stood for the best princi-
Piles. the Greatest agency for the promo
ton OF the greatest good. Do you be-
lieve l have taken myself out OF II ex-
cept at the bidding OF my enlightened
judgment and conscience? (Cheers).
come to make my defense. II defense is
necessary. l honor your partiality In
choosing me to that great body. the con-
gress OF this land. There has been no In
terest that so touches the welfare and
prosperity Of the monetary standard.
Brought, as have been. to think on this
question. l have been brought to break
away from the old party. l do not be-
lieve that any relief is to come on the
money question through the republican
party. Although elected as a republican.
did not serve that party alone through
These years. / served all. democrats. re-
publicans, prohibit.onlsts. have broken
away from that old party because OF a
heresy a thousand times worse than the
heresy OF free trade. ------- -
I'VE must do our duty to the financial
question. for II we settle II here we will
settle II throughout the world. II we
could strip this question OF partisanship
you would find a great majority Of this
country In favor Of kmetallism. The free
coinage of both metals Is no new theory
1t was a success, Il was not q failure
We propose no doubtful experiment We
ask chat we return to the prosperous
times prior TO 1873. From 179 to 1873 there
was not an hour when the mnts OF this
country were not practically open to ev-
cry ounce OF metal coming 10 them. We
are told that Jefferson stopped the coin
age OF silver dollars because Of the
shrinkage of the currency. That Is true.
because they were being exported. Not
one man In a thousand knew that silver
| had been demonetized two years AFTER
the act Of 1873. have not talked Of the
| crime OF 1873 No American citizen knew
| OF It. That act was formed and promul-
gated by an enemy Of the human race.
think we all agree that It was an un-
| fortunate act Think Of II. % years OF
constantly falling prices. Our 10000 900
| people ought to be the happiest people
on earth. I find them poverty-stricken.
find one-third without means OF support
| Ing themselves
II tell you. after 20 years os thought
| and study. that our trouble arises
| firm a deficient monetary system.
find that every other nation that has
abandoned this standard Is In the same
| condition Of poverty. In 1856 a COM
mission was appointed In England to
find what was the matter with her
stagnated trade. 1t reported In 1855
that In every country where a gold
standard exists only poverty and stag
nation existed. Every gold country OF
the world was suffering in 1883 and II
Is Infinitely worse now. I am asked
what country has prospered on the
double standard. I don't care who II
| Is that says that the free coinage OF
silver will drive out the gold. To him
say that such a theory denies his.
tory. They say II you go to free coin.
| age you go to q 50-cent dollar. I wani
to see a 5O-cent dollar. The Mexican
dollar Is not a 50-cent dollar. II Is a
100-cent dollar When the Mexican
dollar reaches the United States II Il
worth but 80 cents because II Is sim
ply silver bullion. If you give all thu
/ forms Of money. the sreenback. tn,
silver, the gold dollar, all the sam,
functions they will all remain side b,
side and one will not depreciate until
all do. But have said enough on that
Do not misunderstood me. I do no
want TO go to a silver basis alone, bu
II We have to go to one metal. ther
let II be silver.
"They say yod will get relief through
the republican party. At the conven
ton in 81. Louis that party voted dowr
all the measures that were proposed
for relief left the convention. d
you suppose that I would have lef
that organization II ] could have oh
tained relief through that party? II Il
said that Mckinley is not a gold man
have known Mckinley for 20 years
and I believe ne win be as strict II
the enforcement OF the platform adopt
ed at st. Louis as Cleveland has beer
on his plank. I am a tariff man. | an
protectlonist. but tariff and golt
standard cannot go together.
During 20 years of public life hav'
been pleading that II Is the duty o'
the government to see that labor re-
ceives a fair compensation for its toll
What does the republican party nov
do7 II proposes on one hand 10 pJ
prices up with protection and pull 4
down with the gold standard. | wan
the prices which ruled 20 years ago,
want the American farmer TO work a
profit
"You need not he afraid OF the 50
| ALL. 4. s.a, fs,-g,x q0n