The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1896-10-16

has said on our side. and I think it is
fair for US to assume that we still have
with us all those who have not been
able TO answer themselves
Here is what he said in a speech
made some years go to the farmers,
and is published in pamphlet form by
@. 8 Baldwin. 1874 Madison street. Chi
cago. He says. For my part I do not
ask any Interference on the part of the
government except TO undo the wrong
it has done. I do not ask that the
money be made out of nothing. I do
not ask for the prosperity born Of pa
per but do ask for the RECOMMENDATION
Of silver. Silver was demonetized by
fraud Tt was an imposition upon every
solvent man. a fraud upon every hon
est debtor in the United States 1T
interest of avarice and greed and
should be undone by honest men.
The farmers should vote only for
such men as are able and willing to
guard and advance the interests of
labor.
My friends. that is what he said
when he talked to the farmers some
years ago, and what he said was true.
Tt was true then, 1t is true now. The
silver of this nation was excluded from
the land by a law that was never dis
cussed- No one will claim the Ameri-
can people ever demanded the demone-
tizatiOn of silver. and that law, passed
secretly and in the dark has been on
the sta tute books ever since We have
modified it to some extent. but we have
never been able to undo it.
You viii notice that one Of the most
distinguished Journalists of this day,
one of the most eminent men in his
profession. Mr. Murat HalStead, is do
ing all he can to maintain the gold
standard in this country. Let me read
you what he said on the oath of OctO~
Der, 1877 / take this extract from a
letter of that date from the New York
Journal of Saturday, October 10. In
n a
said: This British gold policy was the
work of experts only. Evasion was
essential to success in it. and possibly
because coin was not in circulation and
being out of public view, could be tam
pered with without attracting atten-
ton. The mOnOmetallic system of the
great creditor nation was thus imposed
upon the great debtor nation without
debate
'Murat Halstead called 1t a British
policy. It is a British policy today,
and what we ask is to replace the Brit
ish policy with an American financial
policy.
In another place in his letter he ex-
planned the advantage Of bimetallism-
He says The two metals support and
regulate each other. The Two afford
an adequate basis for an abundant cur
rency. and neither can be cornered in
aid of the speculative schemes that are
often prepared and always opposed to
the general welfare
Further on he says. If one metal,
rated according to the fixed ratio, be-
comes dear, the option Of payment in
the cheaper coin makes a demand for it
that enhances its value and the money
unit is subjected to slighter huctuatiOn
in comparison with the commodities
than is found in one metal Copper and
steel together il the compensation bal
ance wheel of a chronometer. perfectly
measuring time through all tempera-
lures, Illustrates the principle
But I viii turn to larger men. John
G. Carlisle, who today stands as the
representa- tive of the gold standard,
spoke in 1873 and he said: The contest
must not cease and viii not until the
industrial classes are fully and finally
emancipated from the heartless dOmi-
nation of syndicates, stock exchanges
and combinations of money era bbers in
this country and in Europe That is
the language, my friends, Of John g.
Carlisle in 1873 And he went even fur
Their than that He said: We will pass
measure after measure of relief, and if
the president vet0es these and we can
not pass them over his veto, we VIII put
them in the appropriation bill, with the
understanding that if we can get no
relief the government can get no
money And yet, my friends, the heart
less domination still continues. The in
dustrial masses have not been eman-
cipated.
This year we are more under the
power of the money grabbers and the
stock exchanges than We ever were be
fore in the history Of this country. and,
my friends. the industrial classes need
and as much as they did IN 1878 when
the words have quoted were spoken
Mr.. Bryan then quoted the Repub-