New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1896-10-14

Of ! gold Standard They say If We have
free coinage we shall approach Mexico'a
standard. Maybe if we keep the gold
standard we Will approach Turkeys
standard.
!, =
You tell US that we have England ar
rayed against us. Ofcourse We have.
The best certificate that we are doing
what is right is found in the character q
our opponents ir this campaign. The
fact that trusts are against US, the fact
that they don't like us, is evidence that
we don't like them. The fact that syn
dicates don't like us is evidence that we
don't like them. But, my friends, there
is this consolation, that if we win this
contest without them they will not be
making their. headquarters about the
white house for four years to come.
~
Let us FIRST decide that the American
people are able to run their own govern
ment, and then we can discuss among
ourselves what is the best for us to have.
Let us first decide that we can have f.
nancial policy which we want, and then
we can discuss what kind of financial
policy we want to have. But what is the
use of discussion, il, when we decide, we
are impotent to carry out that decision?
The Republican party, in its platform
expressly surrenders to foreign nations
the right to determine when this nation
will enjoy the advantages Of the double
standard. The Republican platform de-
clares that we must maintain the present
financial policy, whether we want it or
not, until land until is a very long word
Other nations consent that we need not.
If they said that we must MAINTAIN it for
one year, we might have tried to bear it;
if they had said we must maintain it for
four years, we might have submitted to
it; but when they say that we must
maintain it forever if foreign nations in
sist upon it, rebel against any such doc
trine. More than that. We have wait
ed twenty years. We have sent three
commissioners abroad, and they lave
come home ty-handed. I believe
that the time of persuasion has passed. I
believe that the time of entreaty has
gone by, and that instead CT sending our
commissioners abroad to ask them to help
US, the time has come when we should
act for ourselves, and then let them fol-
low us if they desire to. Well, you say
we can't do that. I had debate with a
man, and he said, cit is American, you
know, to brag about what America can
do" My friends,it is English, you know,
to doubt, what Americans Can do. There
are some in this country who doubt the
capacity of our people to legislate for
themselves and to have their own finan-
cial system. You will find New York
fnanciers who will tell you that it is
perfectly impossible for the American
people to do anything until they first
obtain the written consent Of the Lon.
don fnanciers. But when you find a mar
who insists that foreign aid or consent
is necessary, you generally find man
who goes to Europe oftener than he
crosses the Mississippi river. You fiud
a man better acquainted in foreign lands
than he is in his own country.
My friends, it is a mere matter of math-
ematics. There is not gold enough in
the world to furnish the basis of the
worlds commerce, And to attempt tc
build the worlds commerce upon gold
alone simply means that We must LOOK
forward to an indefinite period of a rising
dollar, and falling prices. And what DO
falling prices mean? They mean hard
times; hard times tor the great mass OF
the people, but good times for those
who trade in money-for the money
changer and the money owner. We have
had hard times in this country. and yet
my friends,you cannot convince the Nor
gan syndicate that we have hard times
in country where they can make sew
eral million dollars out of one bond u.s.
sue. You cannot convince them that
there are hand times here. These men,
who first make it necessary to have the
country saved, and then save it at SO
much per save, cannot realize it. And
yet that is what we having been doing.
We have been having our affairs run by
a syndicate. And, more humiliating than
all, in contract made by this govern
ment we haveyecognized our dependence
upon a syndicate. I don't know how
you feel about these. things, my friends,
but feel that no government like ours
can. afford to admit that it is dependent
for its existence upon any syndicate OF
foreign or domestic. The mo-
ment the government admits that, the
government puts itself in the hands of
these people, who may charge it whatever