The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1896-08-28

a
maintain silver dollars counted in the
fatio OF 1e 10 l. at par With gold because
the silver dollars are q legal tender.
That u not the reason Mt all. The rea-
son silver dollars are maintained Al
par with gold - because silver dollars
and eyerytother form OF United States
money, ara redeemabie IN gold. Zap
plauseJ saw that they were selling
Mexican dollars on the streets today
and thought 1 would like 70 zee them
do not want 70 palm any OF them on
on anybody, but ] sent down and GOT
Q couple OF them and have them here
There are two Mexican dollars exhibit
Ing eame); bought them for one Unit
cd States silver dollar There are nix
these Mexican dollars than there u In
this ope United States silver dollar.
These Mexican dollars down In Mexi-
co are . legal tender. They are worth
down In Mexico, where they are legal
tender, Just what they are worth up
here In the United statek You can buy
In the City OF Mexico with one OF our
silver dollars two Mexican doilars--or
practically that, a few cents difference.
Why IL III Is II because the Mexican
dollars are legal tender7 No: Il Ii be-
cause the Mexican dollar has no re-
deemer. Great laughter and applause.)
When you get the Mexican dollar you
tion. That Is money That Is the high
est money they have in circulation. But
| when you get the silver dollar OF the
| United States. you IND It worth q dollar
In gold, because II you want the gold
all you have got to do 10 to ask for II.
| That il all you ever had to do under Re-
| publican rule.
How Is II. this dollar Is made redaetn-
able In soldf Not by express depIara-
ton. But by tina declaration which
Senator sherman rad 70 you and Slim
liar declarations A declaration that
pledges the government OF the United
and silver dollars. How can you main
tain that parity3 Only by at all times
being willing and able to pay out gold
for silver TO anybody who wants II.
Now, I have some other money here.
"a voice. You are iucky."9 Yes. am
lucky. There Is a one dollar bill lex
hibiting same That is n certificate that
somebody has deposited one silver doll
lar In the vaults OF the United States
treasury at Washington and he can
have IL back again whenever some-
body brings that paper. That IL not
legal -tender. i suppose, therefore, ac-
cordlng to Mr.. Bryan, we ought to find
this representing the intrinsic value OF
the silver. He says the silver dollar is
as good as gold because II Is q legal
tender. Will somebody explain to me,
who accepts his announcement, why
this silver certificate, which Is not q
legal tender. should be worth Just as
much as that silver dollar. or gold dol
lar. or any other dollar that the mints
OF the United States ever put forth?
There Is only one answer to II, and a
man does not have to live In the country
OF the Platte to understand what II Is
either. The answer 10 that Il Ia the poll
Icy OF the government OF the United
States and the congress OF the United
States to put forth Its pledge to main
Its money, whether silver or paper, at
par with gold, and everybody knows
you can have the gold for 1t That Is
why 1t is.
Now, has this beenla good policy OF
not? have other pieces of money here
representing the same thing. We have,
you know, six different kinds of paper
money. do not know whether you
knew 1t or not. did not know It until
ieounted them and do not expect you
did. You did not know 1t because you
have never taken the trouble to find
out; and you have never taken the
trouble to find out because you knew
the general fact and were satisfied with
II that no money. whether 1t was a ra-
tlonal bank note, a greenback note. q
silver certificate. a gold certificate or
er 1t be made legal tender by law or
not. 1t Is the money you know. of the
United States of America, and behind
which this great and powerful govern
ment of ours stands. and you know
that our government has given you Its
pledge that you can have the gold for
It whenever you want 1t. And, there
fore, when / pay you with silver GER
tlticate you do not look at It; or when
pay you with gold certificate. YOU do
not look at 1t. You do not know whether
II is gold or silver you are getting. You
do not stop to inquire whether It Is a
national bank note. but you take 1t.
You are glad to get 1t. You will take
1t inside out, upside down or in any
way. Just as you get II. CONTINUED
cheering)
That is true because 1t has been our
policy and we have steadfastly and sue
cessfully pursued II. of maintaining all
our money ut par with gold.
And now, what about the gold? 1t
does not have to have any redeemer,
does II? The government does not have
to say 1t will redeem the gold dollar.
All the government does with respect
to 1t Is to say-this is dollar. or ten
dollars, or twenty dollars, or whatever
the denomination may be. II simply
certities as II comes from the mint that
1t possesses the requisite amount OF
gold to he named as II names II, and the
gold does all the rest. 1t will no any
where in this country; anywhere all
over the world, and 1t Is worth Just as
much in one country as II Is In another.
And II you want to put II under ham
mer and hammer or the eagle. and
hammer on the Inscriptions upon il and
pound II up into rolled ball of bull
Hon. 1t would still be worth Just as much
anywhere In this country as 1t was with
that certificate upon 1t, and worth lust
ms much in China japan or Europe or
any other country. Nobody has to
| guarantee II.
Now. my feliow-citlzens, has Il or NOT
been wise that We have pursued This
policy? Haven't you been proud of the
currency of the United States during
all these past years? Hasn't 1t been
the pride OF every patriotic American
| that as our gold, would travel around
| the globe, so toe, would every dollar
| OF our paper money, being redeemable
In gold, travel everywhere and he every
where honored atats face? Every Amer
lean has been proud Of 1t. Every busi-
ness man has profited by 1t. Every
laboring man hab derived benefit from
1t. We have hadRa stable currency. AS
| Senator Sherman has pointed out. We
have had an abundant currency. There
has not been any trouble with II until
during the last two or three years I'm
I'll Mr.. Cleveland came into power the
| plaint about our money, did you? You
| did not hear of any trouble with the
| gold reserve. All3this trouble has arisen
since then. Why7 Simply because. as
| every Intelligent man knows. they
| ndupted policy OF free trade as contra