New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-09-19

breeder ,;;S marEei ana one Which WI RsTmit the
urally belongs to such nation as ours.
=, the all-absorbns issue IN TINS campalsn up 10
system as opposed to the free and unlimited coin
age Of silver. proposed by the Democrats in their
Chicago Convention The necessity of utterly de-
feating the Democratc proposition must be APP
OF silver by the independent action OF this Nation
would bring financial disaster and general diitress
OF the present monetary system IS the polio OF
ted now. as it always has been in the past.
SENATOR CULLOMS ADDRESS.
Governor Bushnell was heartily applauded,
and when he introduced Senator Cullom. of
Illinois, there a storm of cheers Senator
Cuom said:
Mr. Bryan is an .out-and-out free trader. well as
for free silver. Can We stand free silver and free
trade together? ! don't want either Ne have had
lhT une uhder iiee trade. GOD alone knows What
viii become OF the country il We Try the experiment
Felow-citizens. feel sure OF what am going
to say as am that there Is an all-wise, overruling
Providence, that II the people Of the United States
Back into the control ~ the Rennbllcan party Win
William Mckinley President and with Congress
in harmony Th hin on nnancia ana iarm fue =,
the people DO you believe 1t so? VIII you do It?
have faith that YOU will: What a period OF distress
for the last three years Plenty OF money, hut locked
nobody. in fact wanting II or daring 10 invest It.
am reminded OF the lines
water water eyerywaere but ali the boards did shrink
Felow-citizens. the Republican policy Of proec-
until the wilsonGorman bill is repealed and
measure framed on protectiye lines Is ado9ted ana
belief IN the doctrine of protection to American in
dusries and industrial IN ,be mne e
wherever they are. We believe it is sound American
wepbt Of tSxafion instead o. making the home
| made product bear II. We believe that our policy
home PRODUCERS We believe that a sound protective
system such as the Republican parry mas as aiw&ys
viii better maintain home market. vii better
6 6d ae vrry branch OF trade and commerce than
any other system and viii better disseminate the
sm free from prejudice free from class legislation
and thus promote the general welfare by providing
work for the unemployed good wages Ior ne "orMer
and good money with whc' to pay nm t Ss
and paper-good in every STATE and Ierritoly OF the
slobe We van; reciprocity. The hanlmaiden the the
must be reesabished in the land that It MAY once
more enjoy to the fun Us increase Of "oSp'''''
happiness peace and good Will
AS TO THE SILVER QUESTION
xou, fsIow-ci,izens let us about the so-called
silver question They say that gold is growing
,arcor and Increasing in value: that gold Is appre-
eating instead Of silver depreciating' all Of when
makes 1t more burdensome to the Doctor LET Us see
how this is During the last hundred years t'r
quantity ~ gold produced In the world mas ih'fe"s
| - -. ga ono 0Do annually TO s22O.0DO0. while
! ,h oon,,lauon has simply doubled Let us see
further OF the gold produced In the Worlu nun
drea wears ago 80 per cent was coined lhere'ore 'e
or,ount Of gold in the world per capita Is TOUR tunes
oh 90 +, was q hundred years ago. The total
Money in the world. gold silver ana Ptpl "1s ~
creased 4vy a IN The world A hundred years ago 2
nr ' cent was Of gold it Is now 3, per cent As 70
me ,h nlsre OF money. the banking facilities oil
no world nave increased 1000 per cent prvau and
'f ,s refer again the position OF hrSa An, an H.,
LEI US ga ,heir followers They say that goa u
dearer than 1T was in ss ana rery n5 a NV Years the
n rce of money has been getting cheaper ne
legal rae s OF M be- It has fallen from 10 to per
o onnt and think men do not pay more no" 'nnn
O. OF a. nor cent and sell its bonds at premium
while before the 1t paid per cent anu So'" 10
o0p ono the he basis of 100 in lo WAGES &c In
cent Th ho the 50 p per ceni Mr Aeed and our
Popocrac ea 2S , iy dollar before s5 100
Gem doar In the first place the statement Is not
correct. but II it were. which would YOU rather
have a dollar worth POO or dollar worth % cenis
They say nobody ever saw a %cent doll ai ~
would not circulate anywhere In this c9un,ry ana
in foreign eSun' dr aoars s are cent dol.
iar.s' How many Of these have we In circulation
AcGord ding 50 6nG & conssting Of gold silver ana
one GeST jqT nearly a s9 So II Bryan Atgd
and their associates are right then our , o ,',
crcnau99 is fiu ma,form only calls for so per cap
ita they ought to be satisfied with Si.
WHAT WOULD FOLLOW BRYAN'S SUCCESS
! Let us see what would happen in the event OF
success OF the nominees OF the Chicago convention
Our gold would leave US be hosrded-that Is GER
taina contraction OF 500 10000 The remainder OF
our money would shrink in purchasing power equal
f the difference between the par value OF the COL
lar and the bullion price OF silver That difference
Is now abou, a. cents SO that our circulation
would be contracted TO that extent and we would
have less than 50 per capita in circulation OF actual
I money where we now have 81. Mr.. Bryan says We
, would no doubt have a panic at first after the
adoption Of free coinage. lie admits that much
} He does not say whether II would be just little
wave which will wet the toes and scare the I'm
orous or whether 1t will be a tidal wave which vii
ngulf the Nation We not children IN expert
ence. We had fingers burned four years ago
and they are yet from the effects OF the nrc
} William J. Bryan told then that free trade was
Just what needed: that our troubles were all due
10 the tariff He tells US that we must have
free SILVER that II will be a crime against humanlty
longer 10 refuse IT: that all mankind has been SUI
monetzation Of silver. You know better. VIII you
take his advice again ! do not think you Will
Fellow-c tizcns. there Is no use I'm deceivng our
selves in dealing with this question. We have NOR
gold and silver than ever had before, ant
altogether circulating medium than eVe
had before and have money that Is not a
\ par with gold. which il the recognized money %
the commercial world Let us not run on after am
moonshine theories pressed upon MS by Bryan TIL
man and Alleged and other men who may he non
est. but who urging the people Of this country
TO adopt policy or try experiment IN defiance o
the facts OF history and In opposition TO the 1udg
ment of the wisest friends OF silver In the work.
The Republican party IL for bimetallism. II be
II believes In the admission OF both 10 the mints o
Q TIC United States equal terms IL Cal