The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-10-04

1909 to 1S49, according to Jevons, the
value OF money as compared with pro-
ducts, rose in the extraordinary ratio
Of 100 to 240, or 40 per cent That was
When we had the free coinage of both
gold and silver at the ratio of Is TO 1
part of the time and 16 to the rest of
the time.
"Now, there is one clear refutation Of
the assertion that there has been an ep-
probation Of gold. / called your atten-
ton to it before, and will do SO again;
and that is that since 1910, but especial
ly since 1860, there was a steady ad-
vance in wages in this country until
1891. In 1892 we started in to capture
the markets of the world, and all got
thrown out of employment, and of
course wages fell. Using his definition
in regard to the amount of human ef-
fort it requires to get gold, 1 state again
that in 1897 it required less human eff
fort to get the same amount of gold
than ever before in the history of the
world. These are facts, according to
the senate report, which is non-partisan.
Democrats, Republicans and PopuhSts
all joining in making it.
He calls attention to the fact that
there has been a decrease in the value
of live stock in the last three years of
over 600 million dollars. I believe that
this great decrease in the price of farm
live Stock in the last three years is due
to another cause than the demonetiza-
tion of silver in 1873. To have some
thing done in 1873 and not have the ef-
feet until 1893 is not reasonable. From
1873 to 1893 We had a protective tariff in
this country, and in 1892 We voted to
change that policy, and when we chang
cd ii we let in Mexican cattle by the
hundreds of thousands In competition
with our own cattle. That was one of
the causes of the reduction of the prices
of farm live stock in this country in the
last three years. have charged this be-
! fore in these debates, and he has said
nothing about it. "a voice: Wasn't the
Wilson bill passed in 1S94?') My friend,
you understand you voted to do the
thing in 1892. You threatened to do it
two years after you were elected, and
finally did it. But the effect Of that was
discounted; the people said, it Is going
to come, and it had its effect. 1t had
its effect, just as the approaching cleo
ton has. The general sentiment all
over the country foretells beyond any
doubt the election of William Mckinley
Great cheering.), and that has had it's
effect in the revival OF business and the
renewal Of confidence everywhere. "a
voice: How about Arkansas?'O Yes,
Arkansas Poor, benighted, illiterate
Arkansas. That repudiated the money
she borrowed from the United States
government and has never paid it to
this day. Even Arkansas has seen the
light, and the Republican vote was in
creased. (Applause.) And if you can
reach down and touch Arkansas. what
will happen in this great state of Kan
sas?
II am reminded that my time is al
most gone, and / shall not be able TO
refer to all the propositions which Mr..
Simpson discussed. But in my oppO-
nert'S closing argument there were
some things personal TO myself that
cannot be omitted. The charge is made
that I deceived the people of this great
district in 1894. l deny that charge. The
effort has been made to show that I
supported a resolution in the state sem
ate in 1891. / say to you that 1 knew
more in 1892 than I did in 1891, on this
question of free silver. (Applause.)
You have advanced as well as myself.
Mr.. Simpson. You used to be for paper
money and tried to demonetiZe both
gold and silver in 1892, and you have
You Will not say you are in favor of
gold, but you are in favor of silver.
Now, if you viii advance as much in
the next four years as you qave in the
last four you viii be sound on the
money question.
In 1890 the Republicans OF this dis
trict put the free coinage of silver in
their platform. nominated their candi-
date, and you beat him seven thousand
and four hundred. In 1892 I was the
candidate and there was no free and
unlimited coinage of silver in the plat
form In 1894 1 was again the candi-
date, and there was. no free and unlim-
tied coinage of silver in that platform.
1.-THE resolution that you read this af-
ternoon was circulated all over this dis
trict two years ago, and published in
the Beacon of this city. charging that l
had changed front then, because in that
campaign I was not supporting the free
coinage Of silver. In 1894 / did oppose
the free and unlimited coinage of sill
yer. Here is an extract from the speech
/ delivered in the campaign OF that
year. You said I delivered the same
speech all over this district, and that
was true. 1 viii read it: The United
States solely and alone, Of all the great /
commercial nations of the world, has
legislated favorable 10 silver within the
last twenty years. Under the Bland act |
of 1878 and the Sherman law of 1890 we !
have been adding to our stock of silver |
un til we have in circulation about 600 |
millions. 1 believe that we can safely 1
add to that amount and still keep our /
gold in circulation Under the present |
law there is no method of increasing the |
of this country except by /
the issue of national bank notes. l am |
in favor of increasing ii by the further /
use of silver but want 1t done in such /
a manner so as not to drive out gold 1
and not to place this country on a sill /
yer basis. The products OF the silver
mines Of the United States in 1892
amounted to 5000, $50 ounces. II is
probable that there VIII be no material
increase on this amount for some years
to come, and I believe that the mints of
the United States can safely be opened
10 the coinage Of this amount without
placing the country on a silver basis
This was my position then and 1
made this statement in every speech
that delivered in that campaign.
81 have not changed I occupy the
same position now. / have never de-
.eIved the people OF this great district.
never voted for an aIrd-option bin be-
fore election and voted against the
same bin afterwards. l promise IL you
send me back to congress that l viii en-
ieavor in the future 10 represent you to
ne best OF my ability, as have in the
1ast
Il thank you for the attention you
AVE given me. I thank the people of
his district for the courtesy that has
,A.sr, Snaur, IN <crr>u1ghsoilt fheSa IT,
yates, and I especially thank the Popu-
lists OF the district for che earnest and
,areful attention they have given me- IN