The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-09-04

terest you so we'll as if devote my entir
time to the subject of free coinage and HOY
II Is to affect your interests
AT this point crowd of enthusiasts i
the rear began demonstration by tn
blowing of horns so that Mr.. Bryan coul
not make himself heard. Mr. Shively ap
pealed TO those to maintain quiet saying
Il want those of you who are in the neigh
| committees to suppress it Then Their
We're three cheers for Bryan. and again tn
| nominee started to speak, saying:
our opponents are in the habit of declar
ing that a question like the money question
was too deep to be considered by the masses
of the people, and our form of government
is based upon the theory that the American
people have not only the patriotism but tn.
upon any question which can arise CAP
plause) When 1 find a man who says tina
| the money question is too complicated fo
you, generally find a man who says tina
| 1t IS Just about complicated enough for him
| Laughter0 When you find man whc
says the money question is too deep fol
you, nnd man who says that it is jus
about deep enough for himself, and when
| and man who does not want you tt
| bother yourself about such questions I FIND
a man who is willing to take upon his
| shoulders the burden of your thinking and
| your acting on all political questions. And
| have found a man who assumes to be sc
| much better than others that he is able to
| relleVe them from all the responsibilities OF
| cltlzensnlp IS the man who cannot be
trusted to look out for any one except him
sell sell Applause) A person who has. 50
| nigh an opinion of himself as to think that
| he only can act inteIiigently upon the
| money question is generally a man who
| thinks his own interests are so much su-
| perior to the interests of anybody else that
any ones interests are not to be considered
but his own on any legislation upon the
question upon the theory that you are able
to to- decide for yourselves how this question
Here again the crowd began to interrupt
Mr.. Bryan with their noise. He begged
tn them inf for order r,a IT is impossible for you
while that great crowdng is going
There are certain questions which are CON
tnually asked" Here again he inter
rupted and sat down. determined not to
speak until he could make himself heard.
SHIVELY ASKS FOR ORDER.
Mr. Shively also begged the audience to
remain quiet saying: "Felow-citizens,
your situation, standing as you are, is fully
appreciated by those on the stand. But if
each of you will manage to stand still in
his place this waiting will stop. And 1 beg
Of you to take notice that as long as those
from the outside are attempting to crowd
in front of the stand, this waiting will
tinue, L therefore trust that everyone that
can hear me now will remain in his present
position in which case Mr.. Bryan will con-
tinue his address to you.
Mr.. Bryan resumed his speech, saying:
Il want to talk about some questions in
order that you may better answer them in
your conversation with your neighbors.
suppose there are several different classes
those who believe in a gold standard be-
cause they are peculiarly benefited by a
rise in the dollar. If there are any such
[ am not very hopeful of bringing them
to bimetallism. / have learned as a rule
people are inclined to Judge others by him
good for themselves, they take it for
granted that that thing is good for others
and when a man makes up his mind that
a gold standard is good for himself, he is
generally willing to take 1t for granted that
thnrn arn WI hpneflfed
gold standard l am not hopeful of con-
verting them. If, however there are those
say under q mistaken idea that it would
be a good thing for them, hope l may be
Of the ro t subiect If there are bietalst
here who have been troubled by questions
put to them which they could not readily
answer desire to suggest answers to some
OF these questions in order to aid you IN
your work of spreading this gospel; If
there are those who believe in bimetalllsm,
7 desire to deepen their conviction. so II
YOU came here saying that blmetalllsm
ought to be restored l want you TO go
Now. the first question to be considered
is what is an honest dollar? We hear
people talking about honest money What
do they mean by honest money? Did you
ever hear advocate of the gold standard
/ viii tell you the definition which You
generally hear. It is this: That an non
I'd loses none Of its value That is what
they tell you is an honest dollar l want
to tell you my friends, that the man VINO
gives to you that definition of an honest
dollar has yet to learn the first prlnclpie
of monetary science: Great applause.)
tains the same general purchasing power
Yesterday to-day and forever. (Great ap- |
plause) That would be an honest dollar
a dollar Which rises in purchasing power |
is just as dishonest as dollar which falls
in purchasing power. Great applauSe) |
The only difference is that when the dollar |
rises it helps one class of citizens; when 1T |
fails it helps another class OF people. Ana
afraid that a dollar will fall in its puT- |
chasing power, you have found man |
grow larger, is. of course, in favor Oh a
gold standard. When you find man who
tells you that they want dollar OF the
highest purchasing power, you may set 1t
down that you have a person who believes
in legislating for the power-own1ng classes,
who profit by rising dollars. If PERSONS
svmpathies are with the INCORPORATING
class, it is but natural that he favors those
things which are good for the homegrown
ing class.
''Take the other side. Suppose that after
the nations had agreed upon the gold
gold to coin into one hundred times as
much mony we have to-day. What
would be the result? Where we now have
a dollar we would then have hundred
dollars. What would be the result? Why, |
t would be honest money according to the |
definition of the advocates of the gold
would not lose anything. But, suppose
7ou owe a man a thousand dollars and pay
linn thousand dollars when there was a
hundred times as many dollars, the dollars
hat you pay him would not buy as much
property it did before. Would you be
lble to convince him that you had paid
our debt in honest dollars? Oh. nos He
would have a different idea of honest
money than he has given to you. have |
imply given the illustration. I have taken |
he one hundred to divide and multiply |
With. might have taken thousand or |
million, because the definition that is given |
y the advocates of honest money as they |
power of the dollar Whether
ollars rise or fall is immaterial to them :
ccordfng to the definition which they give |
But there is another thing to which I |
I'LL call your attention, and that is that J
MS very characteristic which they speak :
bout and which they praise in gold is a |
that is bestowed on gold by ,
othing by melting. 1t is because the law
avs that you can take the gold to the 8
lint and have it stamped without charge {
hat is the reason for 1t. Suppose the law ,
lid that any man who wanted a piece of | :
DID coined should pay cents for the coin {
g of every dollar, what, then, would be | '
lie bullion value of the gold in a dollar? | l
pom no other theory would any gold ever | s
? coined, because If man had to pay | t
cents before a single dollar of gold bull | I
On could be converted into dollar worth ! 2
cents he would never have the bullion | t
inverted into a dollar, for he could sell | /
lat bullion to anybody for more than So | /
.ntS, and therefore, whenever you fix the $
large for mintage, you make q difference g
tween the bullion value and the coinage t
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