New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-08-16

OF tnelr Oeatn, some support ana protection 10
and children 1t will affect injuriously the multi
tude Of clerks and employees who depend upon
of all salaries OF officers and employees In the public
service of the United States and OF every State,
county. city or township in this broad land
WORKINGMEN IN GREATEST DANGER.
But by far the greatest injury resulting from the
free coinage OF silver will fall upon the workngmen.
Their wages ATE now based upon money of the high
est value. upon gold coin Of standard value Under
free coinage of silver value of the silver dollar
will fall TO SO cents in gold or. have already
said the loo cents OF the gold dollar will be worth
~ Crhts oi IN. silver dollar WIN nee coilase oi
silver every workingman can and ought to demand
enough silver for his daily wages to be equal to
IN. struggle between the woitigrh ~ and the m
ployer will then commence. and no one knows bet
ter than the workingman how difficult II il 10 get an
ADVANCE Oh pay We nave strikes ana strife enough
now. when the workingman gets his pay in gold coin
or It's equivalent but what will be the condition II he
Is palu IN cheaper money OF the same noma'
amount, but of less purchasing power? Every scnti-
ment OF justice will be on the side Of the working,
man IN MS struggle Tor good money or Increased
wages In cheap money. OF ali the evils which 4
government can infct none can be greatei than
Ineap money. whether OF coin or paper Th't dot
lar is the best dollar that buys the largest quantity
OF food ma clothing. That dollar is the gold dollar
Ior IL buys more food d clothing than any other
dollar ana will also hu silver dollar for % cents.
II the coinage Of silve Is made free at the ratio Of
Experience has shown that the UnItcl States can
nhhJ t.e shNer dollar huy ns much as the gold dol
ar but II can only be done by the Government
buying silver bullion needed and coming it into
uleh Every country OF Europe. except possibly
Russia. republics and monarchies alike maintain the
soln standard ana silver coins at parity with gold
at even less ratio than the United States and now
Russia has boarded s4o0Oo0OoO OF gold I'm prep
aration for the gold standard which She will
We have now in the Treasury belonging TO the
Government over 319 10000 silver dollars represented
by certificates and also silver bullion costing
sllNVN@U in Treasury notes in active circulation
ana maintained at par with gold the ratio of
TO J. me free coinage of silver is an invitation not
only 10 American miners. bur to ali miners or
holders or silver in the world. TO deposit their silver
IN me mints OF the United States and receive in
exchange therefor silver dollar for every APP.
grains OF standard silver deposited But that sill
Yer - worth III the market only % cents. Why
should we receive this bullion from the owners OF
silver mines at nearly double its market value when
we hold with difficulty at par with gold? The only
object and effect of this measure will be to degrade
the dollar 10 lessen It's purchasing power nearly
one-half TO enable debtors TO pay their debts al
adopted the United States s take po ts ps smon 1e
the nations Of the earth bankrupt. closing its
business at % cents on the dollar.
REPUTATION CONSIDERED.
There is another element of meanness in this free
coinage OF silver The United States has always
PAID It's bonds In gold coin its equivalent I'm the
darkest hours OF the Civil War We stipulated TO
pay our bonds principal and interest in gold or lis
equivalent All Of the war debt has been paid in
this way. A portion of II paid by the sale OF
bonds bearing lower rate Of Interest. but We ex-
acted from the purchasers of these bonds gold coin
par in coin. About $4,000 of the secnrlties
are now outstanding of which s2s2 600 ooo yas sol
by this Administration and paid for I'm gold coin 1t
IL one OF the objects OF those who advoca. tn. fire.
coinage of silver TO force the Governm"nt ~ nav
these bonds In silver coin reduced I'm value. 1t is
harsh to express this opinion OF a measure favored
by many good people but cannot regard II in an,,
other light but az both a fraud and robbery, ana
all the worse If committed by great. rich and free
offence would be punished by the courts or de-
nounced dishonest. but Nation like ours is be-
yyond the power Of any tribunal but conscience and
God.
Now. fellow-citizens. have said all 1 desire TO
the confident hope that the great body OF the Re
publican and Democratic parties, representing the
conservative elements of our people will stamp
their rebuke upon this measure Of infamy. and
thus preserve intact the honor the credit and glory
coinage silver and the degradation of the stand
ards OF value involves not only questions of money
but of honor and good faith. When their honor is
involved. the people never fail TO respond. They
have complied with every promise and paid every
debt contracted since the organization of the Ma
tional Government il became duo. They have
paid four-fifhs OF the debts contracted during the
Civil War, and the prospect was hopeful that all Of
II would be paid before the close Of this century
but this reversing standards Of value has. like
the fire bell At night, startled and alarmed our peo
pie. Let us settle IT by following the action OK
Washington Hamilton. Jefferson. Benton. Hunter
at par with each other at the legal ratio Is to
until conference among nations can prescribe
common standards OF value. In the mean time LEI
no act be done. no policy be adopted. no eXpedient
resorted to that will tarnsh the honor of this
Republic.
ernor Bushnell introduced Senator-eect Fora
ker The audience cheered him for two
three minutes and then he began his speech by
calling attention to the character Of the men
who nominated and who support Mckinley, and
those who nominated and who are supporting
Bryan. His reference to Mckinley caused a
tumultuous outburst of applause. Foraker said:
zone speech made Bryan. and | finished
reading his NeWYork speech / led to be-
leve that one speech had also unmade him.
EX-GOVERNOR FORAKER's SPEECH.
Continuing Mr. Foraker said:
Mr.. Chairman and Fellow Citizens: For three
years in succession Republican majoritics in this
State and throughout the country have been over
whelming; 1893. 1894 and 1898 show an increasing
strength for Republicansm and corresponding
losses for Democracy. These election verdcts have
administration in National affairs. What has hap
pened since tn elections Of last year TO change the
istration, nothing In legislation, nothing Nobody
pretends that Mr.. Cleveland or anybody else has
done ANYTHING in the name of Democracy To redeem
II from the faults on account of which It was
condemned last year. Why. then. should there le
It be necessary to hold this meeting or any other
meeting for the purpose of debating whether We
Why should there be any effort to secure the elec
ton of Republican President; Wh hy does not tho
,cstion has been brought to the front and we are
- Diet rhine whether or not will have FREQ sill
yer Why has this new issue been made what is
the nature of II? What Is the right OF IT,? II has
hcen born OF Democratic desperation:
on The tariff question. which has been the issue
Tor years they were overwhelmingly defeated be
lore the fight commenced Their victory In 1872
proved 10 them "A great misfortune II CAV" mem
an onnortunifv 10 present object lesson to the
American people Coming into power on the pi"t
OF opposition TO protection. II WAS Necessary ior
tbem TO lcgislatc accordingly. They dd so. am
that has worked their ruin. Before lN2 the tarlh
was a debatablc question IN theory theFe dp-
neared 10 be two sides it. Very plausible argu-
i,nents we're made in favor Of free trade ana many
l,rie Sincerely believed in that doctrine But all
M Is changed Everybody understands the tarin
question now ard almost everybody has become
The experience of the last four years
PPns taught us the wisdom OF developing our own
resources employing our own labor and supplying
our own wants. a., ...,,o,.oo IL,
T. was because OF our practical experience III
these regards that the Republican parH n"r "9 -
.~i,,,,rbi me nv such tremendous malorilcs, ana u