Weekly independent. [volume] (Elko, Nev.) 1887-1914, 1896-11-01
4 ltousinE air-iinE.

The people OF Elko enjoyed rich
trent last night. Bontires blazed in
the street and Wintermantle's martial
hand woke the echoes and attracted
the people to Freeman Hall where
Senator Jones nnd Hon. w. A.
Massey spoke on the issue "f the day
The meeting WAS called tn order by
Mr.. J. S. Mayhugh who called FOR
nominations for president Of the
meeting. Mr.. Pclticr was selected To
preside and the following vice.presi-
dents were chosen and took seats on
the platforms: W. Il. Smith, Edgar
Reinhart, George Russell, Thomas
Hunter, ". W. lioohcr. NJ. u. Miller,
M,ron Pixlcy, Thomas Mckellops
and John Henderson.
The prehminar'cs settled. Mr..
Peltier made brief talk, Ia winch he
thanked the people for the honor
conferred and paid high tributc TO
the learning and ability of Nevada =
senior Senator lie cuu :luccd 10y
su!ing some complimentary things
OF Mr.. Massey whom he introduced
rs the first speaker.
Mr.. Musscy WIS received with ap-
plause and delivered very ruterest-
ing speech on the financial Legislation
OF the country since lSCS. lie showed
that the capitalists had Hecurcn leg
islation in their interests and ht the
expense OF the great mass of the
people. Step by step ths money.
lender Ia cncroached upon the pro
ducer uD;i! the country found itself
in the condition it Ia today. He then
spoke OF the great issue involved III
the campaign and appealed to the
people to cast their .allots ou the 81
Of next month fCr that gallant Young
NcbruskRn. William j. Bryan. Mr..
Massey conc cudcd his remarks by
speaking briefly on his own candi-
dacy and retired amid applause.
Senator Jones WIS then introduced
by Mr.. Pelticr. The Senator was
greeted with hearty applause as he
arose t. speak. He thanked the
people for their greeting and recalled
the fact that % years ago hc had
presided Mt the Republican State
convention held in Elko He then
entered into IL discussion of the
money question und refutcd many Of
the heresies advanced 10y the single
standard advocates. lie showed how
the Rothchilds had dictated the
financial legislation Of Europe and
how they and their co-conspirators in
the Uuited States had by chicancry
comphssed tho decentralization Of
silver in 1873. lie then spoke Of the
effects shrinking "olumc OF money
had exerted upon tho products Of
labor at different periods Of the
worlds history. lie showed con
clusively that the world had made
the greatest progress in those periods
when the volume of circulating me.
dium hnd kept pace with tho in
creHaing wants Of the people and that
tho periods Of greatest distress were
those in which there was scarcity Of
money. Tho Senator then discussed
the "intrinsic value theory" OF tho
gOldites and argued at considerable
length in favor OF the quantitative
theory advocated by those who be-
love IN the free coinage Of SILVER
Ito paid some attention to the ar,u.
ment advarccd by Judge Bfgclpw
that law cannot create value. lie
took silver dollar from his pocket
aud said that bcfoic the dumoncti.
zation OF silver in 1873 the silver dol.
lar was at q premium OF three per
cent over. gold. Tho dollar he held
in his hand had Rs muuy grnins oi
silver In IL M the dollar Of 1879 That
the golditcs claimcd that the silver
dollar Of today was only b3.rcpt
dollar yet IL contained us much ui the
precious metal M the dollar OF 1919.
Tho dollar OF today had the stamp Of
the government upon il and would
buy as much Of tho productB OF labor
Rs tho gold dOllar. Its purchasing
power had not declined aud was due
altogether to the tact That the Inv
mado IL a dollar. Ills argument ON
this point left no doubt in the mint
Of his hearcrs that tho stamp oi the
government upon metal docs give IL II
vsluc beyond what il will bring in
the market ns II commodity. Tho
Senator'S argument on tho muucy
question was ao intcrscting and able
TINT the reporter forgot his notes and
has been compelled Ia rely wholly
upon his memory IN writing up the
different points.
Tho Senator spoke Tor nearly two
hours and closed with an eloquent
tribute to tho character and ability
Of William j. bryan aud Arthur
Scwnll. lIc nlPo spotc oi the can.