The herald., 1896-11-01

past focr years you have been paying a
round sum for that experience. as you
deserved. because you, the voters. were
responsible for Cleveland. Have you
had enough? CA voice: "No.') Then you
can estimate by the past where you will
be in four years more. Wealth is every
thing which contributes to human hap
piness and adds to the progress of the
world. An empty stomach is no basis
for full brain. and for comfort and
happiness we can even exchange stray
Bryan shouter, who has got in here by
accident"
Mr.. Reed then went on to show the
development of wealth, it's distribution
and the accompanying access of every
day comforts. Then he came down to
presnt conditions, saying that after two
months of campaigning the Silver DEM
ocrats are calling upon the rocks to
cover them. "And they havn't long to
wait" concluded Reed. He predicted
that after Tuesday some other sub
ject might be discussed, but there would
be no more free silver talk. what a
lot Of nice little silver graves there will
be-" commented Reed.
Then he ridiculed the idea of the
United States emulating the beautiful
| wretchedness of silver Mexico, China
and Japan. Hhe said full light had
been thrown on the financial question,
and we could now see where we are.
Arguing the question of supply and
demand, he said the unusual demand
would always be followed by the de-
sired supply, but at lower prices. DEM
| ocrats had said that If we would give
| up our own markets we would acquire
| the markets of the world. We are still
! struggling for those markets, but where
are they?
He reviewed the history of financial
| legislation in congerss, claiming that
| that when silver Legislation was passed
| American history showed that over
whelming production of silver invaria-
| bly, followed, and silver prices always di-
| minished. If Mexico had improved un-
| der silver, it was because that country
has stable government. They don't
| dare to substitute boom for a business
as the silver mine owners desire to do.
| They had better beware of the result
| Referring to his residence in Califor-
| mia during his youth, he said he had
| noticed that this state owed its develop
| ment to miners, the pioneers of civili-
cation, but after all there must be some
limit to the payment for pioneering. He
thought we had paid that price without
| the free coinage of silver. He said that
wherever tried free silver had been a
! failure. 1t would always be so. "To
| say that silver was demonetized in rs
| is an historical fiction" said Mr. Reed.
| 'Why, it was demonetized in "a by con-
gress and has been demonetized ever
| since. The United States is great in
| riches. but compared with the Almighty
it is mighty small potatoes. You can't
change law of nature. After 1892 you
| ought to understand that Providence is
not going to perform a miracle simply
because you voted foolishly. Because
our monetary system has been ad-
mired across the water I do not neces-
sarily condemn 1t. If we go to silver
basis we will go down. We will have a
57-cent dollar sooner or later Provi-
dence won't help us if we make fools of
| ourselves next Tuesday. There is no
sanctity about a FOOLS belief. The idea
| of paying off your debts by law instead
! of by dollars is very short-sighted pol
| icy. If a nation repudiates any part
of its just debts it will be ruined. What