The daily morning journal and courier., 1896-09-19
sroRER ON SOUND MONEY.


 Ex- -Congressman's Ringing Speech to
 Dry Goods Men-RepublicGns Are
 Simply Trying to Maintain the Hon
 est Dollar That Stewart Helped to
 Establish-l3ryan and His Followers
 Seeking, the Speaker Says, to Dlshon-
 or the Country,
 New York, Sept. 1S.-EX-C Congressman Rellamy Storer of Cincinnati was the principal speaker at to-day's meeting of the Dry Goods Republican club. A crowd of about fifteen hundred men were present and they listened to hlm with close attention throughout his brief address. He plunged right into the money question, and pointed out clearly and forcibly the more striking evils of the free coinage scheme ot the por ocrats.
 We republicans and those who stand with us on sound finance and for what we seel is the honor and credit ot the United States are not trying to make any changes" he said. We are sim ply striving to keep the credit ot the country solid before the world as 1t mas been ever since our resumption or spe- cie payments. We are trying not to make our money good or our dollars | equal, but to keep them so.
 "The change, the untried experiment, | is demanded by the other siGe. It IS | the Bryanite wing of the democracy and populists that want us to go back and try and do something that this country has rever tried to do before, and no country has ever succeeded in l doing, making @ full dollar and clip | ped dollar circulate side by side with 1 out contraction and ruin. Our grand | fathers in 1792 and our fathers In 1884 did their utmost to make the gold dol- l lar and the silver dollar of exactly the same value, and it never entered their heads to make one worth $! and one worth 53 cents.
 Tn 1873, when the coinage of the sil- yer dollar ceased, it was done in spir- | t and for the reasons assigned by Sen l ator Stewart of Nevada In his speech of February 20, 1874 quote as fol- | lows: By this process we shall come | to a specie basis, and when laboring man receives a dollar 1t will have the purchasing nower of dollar, and he l | impossible for him CT the producing classes to do, figure upon the fluctua;- tion figure upon the exchanges, figure upon the gambling in New York: but l he will know what his money is worth. | Gold is the universal standard of the world. Everybody knows what . dol
 lar in gold is worth
 This was when Mr. Stewart rcraem- I bcred that he was a senator of the | United States, whereas now he renem- l hers only that he is a senator of the state of Nevada.
 with gold out of circulation and a | the daily market of gold and silver | What will be tile daily market of wfeat 1 and oe corn? You will have two fluc- l tuating markets to watch instead of one Every man who raises anything or sells anything or handles anything will be made a, speculator twice over 1 in spite of himself, and it will be the money markets which will reap the l profits It will be picnic for Wall ! street, but it will be fast day for the ] producers and workingmon of our 1 country.'
 He closed with few hitting remarks 1 on recudiation.
 If that is what America wants" he
 cried, T have yet to learn what the
 American people are I have yet to l find crowd that contains even large minority of those who want to dishonor
 their country and who are ready to be- l smirch Americas fair rlame.'