The people's journal. (Pickens, S.C.) 1891-1903, 1896-09-10

friendship Of those people who thint
this government has no right to sun
press a trust. We did not expect tina,
| that plank would draw tho syndicate,
and trusts to us, but, my friends, W,
have a right to expect that those o
| our citizeHs who orc opposed to trusts
and syndicates will be numerous enough
TO fill the place Of all whom we driv,
out Of our party by such declarations
There Is in this campaign one grea,
paramount issue. Whether you arc in
favor of gold standard or opposed to
it, you must agree that this is the
most important question at this time.
FIGHTING AN ENEMY IN AMBUSH
We have entered upon Il campaign
which means much to the American
people. IL our opponents speak truly
when they describe what would, in
their judgment, be tho effect OF free
coinage OF silver, then tho SUCCESS
of the Chicago ticket would certainly
be calamity to the country. If on
the other hand, we speak the truth
Whom we describe to you the cirocts OF
q gold standard continued, then tho
maintenance Of the gold standard un-
til foreign nations como to our relief is
an evil which cannot be contemplated
w
have began an unceasing warfare
against the gold standard. The Re-
publican party, without declaring the
gold standard is a good thing, ha, de-
ciared that the gold standard must be
maintained. | call your attention to
the TACT that no party In the history OF
this country has over in q anational con
vcntiOn commended the gold standard
Its effects are 80 bad that no party had
dared to uphold it.
l desire to impress upon your minds
the fact that the enemy we arc fighting
in this campaign is an enemy which
has never gone into an open battle.
The advocates OF the gold standard
have never dared to submit the gold
standard to the a"b;.ramHn. o! II ballot.
Every step that has been taken has bccn
taken by stealth and without the ap-
prova Of tho American people. When
silver was dcmOnctizcd in 1873, the pco-
pie had not discussed itand persons who
were members Of Congress and who
voted on the measure testified that
they did not think that tho bill de-
mono tized silver. When the crime
was discovered and the American pco-
pie attempted to restore silver to its
ancient place by the side Of gold, the
opponents OF free coinage forced the
Bland Act upon Congress as compro-
mise, and as soon as the Bland Act
went into force the enemies OF free sill.
vcr proceeded to repeal the Bland Act
and left nothing in its place. But the
silver sentiment grew until 1890 and IN
that year the opponents Of free coin
age, being afraid of the passing of {;
free coinage bill, secured another com
promise, which was known as the
Sherman law.
In the support Of that measure, Sen
ator Sherman made q speech, and il
that speech he said that we required
more than $42, 900, 900 new money ever,
year to keep pace with population ant
| industry, and he advocated that meas
ure on the ground that it gave to tn,
people that money, and yet in his re
! collections published q few months ago
you will find that Senator Sherman
there says that he was in favor OF tn,
Sherman law simply to prevent free
coinage and that he was willing tt
vote for it's repeal the day after it was
enacted If he could prevent the substi
tuition OF free coinage. There you will
hnd the chief supporter OF the gold
standard policy In the United States
supporting bill because it gave money
TO the American people ana then de-
repeal OF it the very next day.
WHY HE FAVORS BIMETALLISM.
Now you will find people who are
afraid Of a Hood OF silver. There is
nothing that eXcites my sympathy
more to find a man who never had
enough money in his life, who has not
enough to pay his debts and docs not
know whcrc the money is to come from
70 1>,,tr frr NO VI
arc some people, who have an idea
that the free and unlimited coinage OF
silver would in some way, they know
not how, bring ruin to this country
Did you ever try to figure out just how
man was going to hurt us by bring
ing silver here? Let us suppose VIC
had free and unlimited coinage OF gold
and silver at the ratio of IL to /, then
what? Why any person in the world
owning silver bullion could bring that
bullion to our mints and have it con.
vcrted into full loyal tender silver
dollars, just like the ones you use to-
day. Now how could you be injured
Suppose some man made UP his mind
to injure the American people under
free coinage; how would he do it :
Why he would tako his silver to onl
mint, suppose thousand dollars of it,
ana nave 1t coined into dollars. Then
he could take these dollars out to hurt
the American people with them, and
no" would he do it? lie could take
that money home and he would be re-
quired to pay the freight on it and he
would lose the cost of coinage and lose
the freight both ways, and we could
stand it longer than he could. All
you say, that he would trade that sill
YER for gold and take the gold ava,
and leave the silver. Where would he
get the gold |? Would he get it at tho
treasury OF the United States? No
under bimetallism the government
d"cs not agree to swap, but undcr b
mctallism the government convert.
the silver bullion into silver none,
and gold bullion into gold coin an1
makes them legal tender for all debts
public and private. But it does MOI
agree to redeem gold dollar in silvc,
or a silver dollar in gold.
SO that under bimctallism this for
elgncr' could not exchange his silver q,
the mint for gold unless tho govern
mcnt was disposed to let him do il
Where would he get the gold ? II,
would have to find somebody with th[
gold; he could not hurt anybody h,
trading silver for gold until he foun22
somebody who had the gold and thn,