The River Falls times. [volume] (River Falls, Pierce County, Wis.) 1894-1933, 1896-10-13

| pr0nt is by converting piece VI sllNeA ~"
| worth 30 cents into one dollar when VIII
| be worth 100 cents. If, when he gets
| through he has only converted 50-cent
/ piece OF silver into 50-cent dollar he has
not made anything by the operation. zap
| plause.)
| Now, / believe that the free coinage OF
silver will enable q man who holds piece
OF silver now worth so cents Tor hfty-three
| cents to convert it into a dollar which will
| be worth 100 cents and l believe that the
man who has silver will make that
profit under the free coinage law, but AFTER
the free coinage law is passed, no man can
| go out and buy piece of silver for less
| than 100 cents and have it coined into one
dollar. Great applause, and "Hurrah Tor
Bryan, he's all right!D But remember,
| remember my friends. that man can
talk about 5O-cent dollars and miners
nrofits at the same time. daughter and
applause) He has got to choose one or the
other because if you are going to nave
| bO-cent dollars then the miner doesn't make
| any more on his silver than he does now,
and if You are going to have hCEdred-cent
| dollars so that he makes so cents ON what
| he is now getting 80 cents, then we haven't
| any 5O-cent dollars.( Applause, and voice,
| you're all right, Bryan.o
| Now let me come to the first question that
NV friend asked: "How are you going to
| get hold of themT' That is very common
question; l have had 1t asked be-
| fore. "a voice, "YeS.'O How can you get
| this money into circulation? TO my mind
| it is very absurd one, because l never
! had any trouble getting my money INTO CIR
| culation daughter and applaIse.l My
trouble has been to keep my money from
| getting into circulation before | wanted 1t
| to- Usenewed laughter) Let me show you
| how this gets into circulation If man
| works week and gets his wages he puts
! that money into circulation whenever he
! buys anything; if he works on a farm for
| year and raises n crop and sells 1t he puts
| that money into circulation Whenever he
| buys something with it. Under the flee
| coinage of gold man goes down and pro-
| duces gold, takes it to the mint, has 1t
coined into money, the money Is handed
| back to him, and whenever he spends it he
| puts it into circulation. Under The free
| coinage of silver a man goes out and mines
silver, has it coined, the dollars ere lis.
and the moment he spends them, he puts
| them into circulation, and when these dol
| lars are put into circulation they part
| Of the money of the country, to be used in
exchange for all the property of The coun-
| try. applause and cries Of Good, good y
| But you say Glow is it going TO he any
| easier to get that money than it is now?"
| 1t is easier to get money from people who
| have money than 1t is to get money from
| people who haven't any. Great laughter
| and applause) If you have property to sell
| and nobody has money to buy with, you
| don't get any price for your property; II
| you have property to sell and Dther people
have money to buy 1t with, you get some
| thing for your property when you sell 1t
c"That's right.')
Our opponents ask us how this money is
| going to help The man who asks that
| question is always glad to see money come
| in from abroad. l ask him, how Is this
money that comes in from abroad to be Of
| any benefit to us? why" he will say,
| ''the who sends in money from abroad
sends it in to buy something with" The
In
| this country now, can't consistently he
| glad when money comes from abroad, be-
cause if we have enough now we would
| have too much If any more came from
| abroad. daughter and applause) And if
we haven't enough now and rot money
| lrom abroad, | submit that it is better to
have money come out of our own MN ngS
| and be own money shan to borrow
money abroad and have to pay double for
| l.. Great applause.)
My friends, the creation IF money Comes
before its distribution. If YOUR iawS pre-
| vent the creation of suti cent amount
| of money, then you don't lave Il sufficient
amount of money. And yet our Republican
| friends in the face Of decreasing cur
rency tell us that it is not lore oney we
need. They go on the theory that the less
money there is in the country the more
| each man will have of it. G-aughter and
| applause That is the new KIND IF arith-
| metic. We say that until YOU nut this
| money into existence there IS no money
| to exchange for products an: that the only
way you can preserve parity between
money and property, the only Way that you
| can maintain stability in price, uniform
| average prices, is to have money sufficient
| In quantity to keep pace with the demand
for money. Applause.)
If that proposition is wrong, then, my
| friends, all propositions on the money ques-
| ton are wrong. But that proposition is
| right, and we can prove that propositions
not by Democratic testimony; we can prove
| 1t by Republican testimony. Applause.) l
| call your attention to what Mr. Blaine said
| In 1878, when he said that the destruction
| of silver as money and the establishment
| of gold as the sole unit of value would be
| ruinous to all forms of property except
| those investments which yield fixed re-
| turn in money; that these would be enor-
mOusy increased in value and would gain
| a disproportionate and unfair advantage
| over the other species Of property. Mr.
| Blaine recognized it. He recognized that by
| destroying part of your money you made
| the remainder more valuable, and that in so
| doing you help the man who .ods invest
mentS which yield fixed return IN money,
and hurt the man who had other forms of
| property.
But / will not go that far back. In these
| faSt=ohan angling times, you may tell me that
| to quote a speech eighteen years old is out
| of date. l will come nearer home. Mr.. Nc
| Kinley made a speech In 1890 That Is only
| six years ago 1t was in support of the
| Sherman law. and at that time we were
| adding about $24, 100000 a year to the cur
| rency under the Bland act; and in that
Sherman law there was a provision for the
addition Of a larger amount of the money
| to the currency annually and in his speech
| on that bill Mr. Mckinley said that he
| would vote to add $50, 100000 a year to the
| S24, COX, 900 already provided; and there de-
| clared that the people needed more money.