The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-24

increases and you Increase the Voiuo
Of a dollar. Now. when you under
stand that, then. you understand the
essence Of the money question. v
HE QUOTES MR.. BLAINE.
When YOU understand that. you uh,
derstand that it's effects are Oh you' anu
then YOU can tell where your interests
lie. When you understand that prihei-
pie, then you understand why uis
great crusade in favor OF the soio
standard finds its home ainons the
holders of fixed Investments. wne, %
such legislation, raises the value OF tiie
property which they hold. (Appiaase:l
For this l can quote You authsritS
| which your opponents dare not aues
tion. i have called attention, ana
shall continue to call attention, to re-
mark made by Mr.. Blaine in congress
on this subject. He said that tine de-
struction of silver as money and inc
establishing Of gold as tho sole unit OF
value. must have q runious effect upan
Investments which bring fixed return
and upon all forms of prop
erty except those in money!
that these would be enormously
enhanced in value, and would gain
disproportionate and unfair advantage
over other species of property, caps
plause,) My friends. there is state
ment that no man who has respect tor
his reputation would dare dispute. hhe
establishing of gold as q sole unit OF
value throughout the world. and the
destruction of silver as q standard
money, means that you shall destroy
the value Of all property except money
and investments that call for fixed
amount of money. 1t means that you
will give to these Investments and to
this farm of property-money-an adj
vahtaEa over every other form OF prop
srty. When you understand tho effect
nf the policy, and then understand that
the desire for It Ia manifested most
ameng those who hold the fixed invest
,nents or trade In money, / think you
will come to the conclusion that have
come to. that the fact that the gold
standard Is a gold thing for them Is the
of a gold standard. (Applause)
Now, my friends, when you make up
your minds that the gold standard Is
h bad thing, then the only question that
you have to consider Is how you can get
rid of 1t? They can raise objections to
tho plan which we propose, but want
10 suggest that you are Interested not
30 much in knowing the objections to
our plan as in knowing what plans
they have to relieve the condition. Why
don't they propose something? Is 1t
because they do not know what ought
to be done? If so, they are poor people
to lead you out of bondage. Is it be-
cause they know and will not tell? If
SO they haven't the candor that ought
to be possessed by those who would
redeem the people from their suffering
and distress.
WILL RAISE SILVER TO $l.29.
They say that our dollar viii be 5S-
cent dollar. Well now. my friends.
they refuse to apply to the silver that
Is produced in the world the law of
supply and demand. We say, increase
the demand. and that acting
with the demand now in exist
ence, will operate upon the
price of silver. We say that that new
demand will be sufficient to consume all
the silver presented at the mint and,
being sufficient will raise the value of
silver bullion to $l.29 throughout the
world. (Applause.)
We have q reason for our belief. They
simply say 1t won't do 1t and then sit
back and propose absolutely nothing
Now, my friends, have known some of
our opDOnets to use this sort of argu-
ment: Why, they say, If the free coin
age of silver makes a silver dollar equal
to a good dollar, why then 1t will be
just as hard to get silver dollar as it is
to get gold dollar Do you know what
they overlook? They overlook the fact
that when we bring silver into competi-
ton with gold we increase the supply
of standard money; that while the sill
Yer dollar will be worth as much as the
gold dollar, 1t will be easier to obtain
with the products Of toll q silver dollar
or a gold dollar than it is today.
Our complaint Is that the same hos
tile legislation which has destroyed the
demand for silver and driven down the
price of silver when measured by gold
has also increased the demand for gold,
and driven up the price of gold when
measured by other forms of property,
and that the opening of our mints to
the free and unlimited coinage of silver
will operate to bring more money into
circulation and lessen the strait that
has existed for gold, and that by in
creasing the demand for silver we bring
silver up until gold and silver meet at
the ratio now fixed by law, and a sill
YER dollar and a gold dollar will be of
the same value all over the world. (Ap-
plause)
ASKED A LEADING QUESTION.
But have spoken beyond the time 1
expected to. ! simply want to say this:
III there Is any person here who Is
afraid that under the policy proposed
by the Chicago platform we are going
to have a flood of money and that you
will be drowned in 1t, we cannot ap-
peal for your support. But if there is
anybody here whose experience Is such
that he is willing to risk the disastrous
consequences of that flood upon him,
we ask you to consider whether we are
not entitled to your vote. CA voice,
Are you Democrat?" I think that
the principles which I advocate are
Democratic. CA voice. Are you
Democrat?O Yes, I am myself that,
but you can call me by any name you
please. You cannot sever me from
what l believe to be good for the peo-
pie. tremendous applause.) Ny
friends,I want you to study this money
question for yourselves, and 1 want
you to understand that if bimetallsm
Is to be restored the United Staes must
take the lead. (Applause.) We have
waited for more than twenty years to
have the benefits of bimetallism brought
to us by those whose interests are op-
posed to ours. assert that the American
people not only have the right but have
the ability, to legislate for themselves
ON every question, no matter what
other nations think about it. Gong ap-
plause)
The man who says that bimetallism
is desirable and yet the United States
Is impotent to bring these advantages
to our people has made an admission
that l shall not make. We appeal to
you to remember that the United States
Is the only nation that stands ready to
protect its own people from every dan
ger, foreign or domestic (Applause.)
Other nations may protect their peo-
PIE as they should. but our Nation is
the only nation that can protect the
american people. (Appiause.) If we
need relief from the gold standard we
must secure 1t FOR ourselves. And if we
rnust secure this relie' for ourselves