The Princeton union., 1896-08-06


1r1n1DA6 0rAfC
,A11AAx M AN1QIo#
81
- ~
1.ns ~ sAl1acl Irom InaI speech, tnat tna1
: r o. 1s.,ss Tue Alnd oL a hepuDlcan ne was.
l.al ~ ! aeaa you the oIneI
seuSss, t1lS II lll Sets tiou OF gnat
fbet a y MGuiu ps gag 70 aeciare
4 a.Ia anat snaL ls Lhe Klnd OF republican. !
sa1, e NOW, ienoW alo cltlzens am gong to
want you to get It and read It. Nj. Blaine
4 riu ,;s.hs say ll tnat speech tnat we nad nc
nMabt 70 o. usanoneIaze s snver' ana tnaI =
tha4 % ajd ps rg4ng.izea thaq tAiz aia say
al4Ia a. tEa aa4ne 70 aItempt 20 remoneaze =
that =, tne raIlo oL 70 70 Ae SAID, Turtner.
man ~ u4 INA. Moua rG9 every lapoIlne
ao}iaa M1nia TOD every holder of greenback
.1.o.Ia5 uoiia5 ~ lne country. he said that It
W. 9 rgp every ho!der OF naIlonai bank
,no1 nnoe ln A. ane a ana snat It would fall
..InS unonL tne poorer classes the nardest. That
Vas vas Wnat ne sa1d. Go ana get that speech
/ ail and Iead IT. hen silver was at 81 cents
theg 81 lne ao.lar, ne @ proposea tnen that =
70 Grams INTO dollar instead OF 4l211s,
l.a1s IL 19rder, as ne SAID TO make It equal to
e,,,, 6u1u IseInemper these silver mine
70, 70. the % dollar. which is now worth only 81
" % cents. NOW, 1elIOW citizens, what
Wouid you say to me It should go into
sbol,ia ana, ln dne argnment or law case,
.'tI slouIu pI0ouce ueclslon OF the supreme
court cat OF the state Of Minnesota which was
IN reailty dlrectly against my position,
ana should, read to the judge a single para
" InaL paragraph seemed to be In my
favor, and should leave out all the balance
on the decision, Which would show that it
was directly against me? What would be
SAD SAC Of me in a court Of law "a voice:
Pett1fogger. They would say I had
attempted to deceive the judge. They
Hs,e Wouid say had no business in court
Ihat a man VINO would attempt to deceive
the tr1Dunal before which he was trying
ms case was not worthy to have the brief
o. OF a oarrlster. Would they not? And yet
speech. (Here the electric light, which.
mad gone out, began to burn again.) 1 will
read part OF that speech; have 1t right
I will read it, and every part Of it that
bears on this question I will read every
part that was read before.
gold and silver coin to be the money Of the
constitution, indeed. the money of the
American people anterior to the constitl1
republic recognized as independent Of its
own existence No power was conferred
on congress ito declare that either metal
should be the money. Congress has, there
zdemonetize silver than to demonetize gold:
no more power to demonetize either than
to demonetdze both. In this statement i
am but repeating the weighty dictum of
the first of constitutional LAWYERS am
certainly of the opinion said Mr.. Web
ster, that gold and silver, at rates fixed by
value in this country. and that neither
congress nor any state has anv authority
to establish any other standard. or to dis
place this standard Few persons can be
found. apprehend. who will maintain
that congress possesses the mower IN de-
monetiZe both gold and silver. or that con-
gress would be justified in prohibiting flae
Gal Construction it would he if diffic1it H to 70
show where and whv the nower If con
gress over silver is greater than over gold
therefore, silver has been dernonetized. I
am In favor of remonetizing it. IF its coin
age has been prohibited. & am in favor of
ordering It to be resumed. Il It has been
restricted I am in favor Of ordering If 70
be enlarged 80 - = - -
Now, that is what was read to YOU to
support the position then occupied BY a
gentleman who had left the Republican
party because it had refused to declare for
at the ratio Of is to i, and he was ATTEMPT
Blaine to influence you in making llp your
minds, and he was producing the impress
sion upon YOU that ii Mr.. Blaine now lived
These % We're % the words Word tn that i've We're p read t to
you when that gentleman held up his
hand and said: sIshat is the kind Of a Re-
publican am.
Now let us see what else Mr.. Blaine
said ia, that same speech. Here it is. and T
will read it to you: = -
What power. then. has congress over
gold and silver? It has the exclusive
power to coin them: the exclusive power
to regulate their yalue-yery great. very
WISE very necessary powers, for the dis
Greet exercise of which a critical occasion
has now arisen. However men NAV diff
fer about causes and processes. all will ad-
nit that within q few wears a great dis
tl1rbance has taken place ia the relative
values Of silver and gold. and that silver
is worth less or gold Is worth more in The
money markets Of the world in 1s78 than in
1873 when the further coinape Of silver
dollars was nrol1fhited In this courtrv IN
remonetize it now. as tl1o,1gh essential
conditions had not changed. Is wiIf1lIIv
and blindly to deceive ourseiyes. M our
REORGANIZATION were the onIy cause for
the decline in the value of silver. then re-
monetiZatinn would e595ffs nroners and
effecf,1aI c11re R11t other. carsas1 hevnnd
our control have been far more poten-
tally oDerative than tiie simple fact that
coneress prohftdted its further coinage. .
IS sss
&s.But our line of policy in a Joint move
nerlt5 with other nations to remonetfze is
Simple and direct. The difficult problem
is what we snail do when we aim to re-
estahIish silver without the co-oneration
Of E11ropean powers. and really as an ad-