The Dickinson press., 1896-07-11
Highest all in Leavenng U. s. Govt Report
R&!a!! 9! RRskiRS Rs&asSl!
ABSOLUTELY PURE
ABSOLUTELY PURE

A&ORAA
election. The exisiins ,,o,d -st,ni,.r,,-
whence comes the ,Ica tl,ot w. ara uunn
1t In every Drmocr.ii,. nlntfnrm nf Is,r,
ana the promise To holl hn,h cnid nm.i
silver has been not from the last on.
nctlnent uf cnnrrcSs nm III. sul,,,, whit,
in repeating The sherman law nl.,l.e,l ~"
whole country 10 IN" ,oniinu.n,,. nf tha
double standard. not from nnv st.,nt.
whatsoever now in force I'm tho Jlniird
States. No, we uvr NOT mon any gold
standard, but we have n ,lisorlcrct AMI
miscellaneous currency OF nine varieties.
three metal and six ,muer thu. urn,lu,, far
the most pnrt, of the Republican l.risln
tion. rendered worse by the treasury prac.
tices brgnn hy Republican secretaries. and.
tunately. copied by their Democratic
successors. ,Applnuse.) Then consider these
iarts. g"nilemcn: The federal. stat" and
municipal taxes In this country are as
s'sscd ami paid by the standard of the
Whole mass of m":cy In circulation. No
authority has ever been conferred hy
congress Tor the issue of any bonds pay
an" DC III g"lh:
me provision made by the Hland-Allson
h't oi 1873 a'',c'i to our circulation some
three hundred ana hfty millions OF stand
arr SILVER money. or paper based upon II,
ali.l UNI an .i''t mass or silver money Is slS-
famed ut parity with gold by nothing but
tne SILVER III II. ana the legal tender func-
lions lions impaired to 1t by law. AppausrJ
We nave no outstanding obligations in the
thltcu States except the small sum Of for
.S-i"ur millions of gold certificates which
are Si"'incti!S payable IN .o''l, and they. of
course Snoh'o De SO paid. All of our
specie opilgatiollS are payable In coin,
~
"tHt optioll. OF III SILVER Speelfrally ana
oh'E. uh"rr Is more silver and plp"r based
upon S'i'er III cirrnialion Today than there
- VI so! or pal"r n''H"sl on goa, ana mat
IN" s"id dollar Is not the uni, Of value is
demonstrated by the fact that no gold dol.
lar pieces can now. under our laws, be
mintcd. If we should 20 upon
The Gold Standard
we must change thu existing bimctallc
standard of payment of all public debts,
taxes and appropriations, saving alone
those specifically payable In gold. AS we
have twenty billions of public and private
debt. 1t would tax" moi" than three times
all the gold In this country to pay even ono
years interest upon It, Should W., be com.
PEELED hereafter TO contract the currency by
paying OF five hundred millions OF green
hacks AMI Sherman notes in gold which
would nearly exhaust the entire American
stock In and ont of the treasury, the
same policy would require the three hun
tlrcd and forty-fOur millions of silver ccr-
tiiicLtcs should be paid In gold also, as
fOr"Slindowcd by the present draft upon
the cJuntry's stock of gold. This means nm
increase of the public debt by five hundred
millions of dollars, with the prospcct Of
three hundred and forty-four millions more.
The disastrous consequences of such IL
policy III" appalling to contemplate. and
the only Alternative suggested to fight for
before III" people is the free coinage of sill
Ner at tn. ratio OF l6 to l. Ghccrs.D And
the conplet" rest 'raiion OF our hereditary
and constitutional system of American
money. We pray you. no more makrshifls
anu Straldles N"X not tr. country with
your prophecies OF smooth things to come
from the British Republican propaganda,
(Applausc.)
going to the gold standard renders 1t all
the more Impractical that we should do
so, for the limited stock Of gold in the
world would have longer division and n
smaller share for each nation. Previous
predictions have been plmctunlIy rcfutcl
when prosperity WIS lrtphccicd to CONE,
upon the unconditional rr).nl ut the S!cr-
man law. Instead of protecting the treas
ury reserve, as was prophrsicd 1t would
do. an unprecedented raid was promptly
made on 1t, AMI the two hundred and sixty
two millions of borrowed gold have been
insufficient TO guarantee its security In
stead OF causing foreign capital TO flow to
us, II has stimulated the flow of gold 10
Europe. and grrcnback notes and the Shcr-
man notes. which are just as much payable
III silver as In gold, have been used to
dip the gQid out OF the treasury of the
United States, and to store 1t In the strong
boxes Of the war lords of Europe. In.
stead OF revving business this folly has
further ,lpnrpssrd IT, Instead of iucrea sin~
them. lnstpmi uf multIpIyiu" upportuni-
ties for cmpoymrnt. this Do,lcy has multi
piled idlers Instead of Increasing the
nrices OF our produce. this uolicy has
lowered them. it is estimated about Is
per cent In three wears. Instead Of bring.
ing relief n hus hrnuvl,t y.ars Of misery
ana for this reason IT has contracted the
currency of the United States S4 n head
for every man. woman ana child since Nov.
!. 1888 and with this vast aggregate CON
traction the prlcc of lund and of manu-
fncturcd goods and Of all kinds OF ugri-
cultural nnl mechanical produce has fallen
The revenues have. fallen wages OF labor
have fallen. and everything on the face
| of the rnrll has fallen lut taxes and debts.
| which have grown In burden all the while,
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