Herald and tribune. [volume] (Jonesborough, Tenn.) 1869-current, 1896-09-09

Mr.. Tillman felt that the change in
the management of public affairs was
to be so radical that he proposed such
fumigation of the ship before the new
crew took possession Of it. (Applause. J
They denounce in their platform
interference by Federal authorities in
the local affairs as violation of the
constitution of the United States and
q crime against free institutions. Till
man in a speech approved this declara-
ton. It was intended to be in words
q direct ctcondemnation of Mr.. Cleveland
90 President Of the United States, for
using the power of the executive to
brush out of the way every obstacle to
the free passage of the mail trains Of
the United States and the intersta te
commissioners And, my friends, when
ever our people approve the choice of
President who believes he must ask
GOV. Altgeld or any Governor of any
other State permission to enforce the
laws of the United States, we have sur
rendered the victory the boys won In
1851. (Great applause.
I do not intend to spend my time in
the discussion of the tariff question.
That debate has been won (applause), i,
and need not be protracted. 1t means
that we might run on eternally upon
theoretical lines. We had some ex-
periences, but they were historical,
remote and not very instructive to this
generation. We needed an experience
Of our own, and we have had it. 1t is
hard lesson, but very convincing
one, and everybody was in the school
house when it was given. Laughter. J
1t is historical fact that in 1892 we
had the most prosperous times, the
most general diffusion Of prosperity,
the most universal participation in
prosperity and the highest mark Of
prosperity we have ever attained as
nation. Applause.
Do we want silver because we want
more money, larger circulating medi-
ump / have not heard anybody say 30.
Mr.. Bryan is not urging it upon that
basis. If anybody were to seek to give
that as reason for wanting free silver
he would be very soon confounded by
the statement that free silver would
put more gold out of circul alton than
the mints of the United States could
possibly coin in years Of silver, and
that instead Of having more money we
would have less. (Applause.) With
our six hundred and odd millions of
gold driven out of circulation we will
reduce the per cpita money of this
country between S8 and SO. So it is
not for more money. We have an
abundant supply of circulating me-
dium-gold, silver, national bank pa.
per, greenbacks, treasury notes, frac-
tional silver. We have something like
$2S per capita of our population.
What is it, then, that creates this de-
mand for silverY 1t is openly avowed:
1t is not more dollars, but cheaper dol
lars that are wanted. 1t is lower
standard Of value that they are de-
manding. They say gold has gone up
until it has ceased to be proper stand
ard of vaule, and they want silver. But
how do they want it? Now, my friends.
our fathers thought that when they
used these two metals in coinage they
must determine intrinsic values of the
two 80 that comparison Of the mar.
kets of the world show just what re-
lation one ounce of silver bore to one
ounce of gold. Now, what was the
object of all that? Why did they lump
all? Because they fully understood
that unless these dollars were of the
same inherent intrinsic value that both
of them could not be standards OF
value and both could not circulate.
(Applause.) If you have two things,
either one of which will pay debt,
and one is not as valuable as the other,
you are sure to give the least valuable
one. Laughter.
1t is just upon the principle that
man who can pay debt with one dol
lar when it gives two-precisely that.
So that unless these two things main.
tain approximately the relative value
Of that, sixteen ounces Of silver is
worth one ounce of gold, you can not
make such dollars circulate together.
1t has been illustrated in our history
repeatedly. 1t has been illustrated in
the history Of every mmercial nation
in the world and anybody of half sense
could see why it is 80. Laughter. J
You might just as well say that II we
had two kinds of bushels, II the law
should declare that sixty pounds Of
wheat was hushel and thrifty pounds
of wheat was bushel-well, what
farmer would deliver wheat by the
sixty pound measure if he had sold 1t
by the bushel. Applause.
We hear q great deal about the great
resources and wealth and power of this
country, and l do not allow anybody
to 90 beyond my appreciation Of them,
but what is the use Of talking about
all that when you do not propose to
put this wealth and power and influ
ence behind the silver dollar at ALI
(Applause.) They propose that the
man who digs silver out of the mines
brings it TO the mint and have 1,
stamped and handed back to him as Q
dollar, the Government having no re
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