The San Francisco call., 1897-07-04

ratio of 16 to1. A great many people have
talked a bout international bimetal1ism Whe
do no. want it,
Here the speaker quoted the remarks OF
New York bunker and Congressman
named Hendricks, who said in CONGRESS
that if the Sherman act was repealed Eng
land would come to US and ask ior Inter.
national bimetallism; but England did
not come. and the Congressman knew
that 1t wouldn't come, because the same
man had said that the gold standard
would come as surely as tha rising sun.
Let us imagine ourselves walled in from the
outside world and that we had enough wheat
worth 81 busheI and it We're d.
vided into two piles, each owned by
different man. Suppose one of these
plies is burned down the price OF the other
pile would rise in vaiue and the man whose
pile was not burned would be glad OF IT. III
he had nothing to do with burning his COM
petitor's pile OF wheat we should say ne was
fortunate that it occurred. But suppose that
he himself set fire To the other pile, what would
YOU saw then? You would send him TO the
penitent1ary.
Mr.. Bryan then proceeded to apply this
illustration to the money problem, py
supposing that the piles were one OF silver
and one of gold OF equal value. Then. II
the owner of one pile should conspire to
destroy the other pile in order to make
his own rise in value, ne would be guilty
OF a crime, and the people would rise up
and send him to prison.
Next came the illustration of an under
taker scattering the germs OF fatal diseases
in order to increase the demand OF his
coffins. That was equal in lnfamy to the
conspiracy to destroy the purchasing
power of silver, in order that the gold OF
the consplrators may rise in value.
Another illustration followed of the
farmer feeding corn to his hogs to make
them grow fat and of the hnancier feeding
h gold dollars with Sherman repeats and
Rothschild contracts to make the golo
dollars grow fat. He continued:
For twenty years the fnaneiers have made
the laws for the people of the United States,
and have always claimed that it was for the
good of the people. 1t Is not fair
that you should let some one else do
good TO you all the time without making some
kind of a return; and, as they have said
that the free coinage of silver would do them
good, say then the time has come when we
should give them free coinage Of silver in re-
turn for their having borne for twenty years
without murmur the burden OF the gold
standard
If gold melts you can hove it coined into as
many dollars as there were before, while if
your silver melts you have to hunt somebody
up who wants to make spoons out
it. We have some bankers IN our
State who favor D1metallism, and
one of them said that under the gold standard
we lose more than we can gain, because OF
people being unable to pay their debts The
vaults of the banks are filled with the bad
paper-good when 1t was given, but bad be-
cause of falling prices.
The speaker asserted that, notwith-
standing the return of prosperity, more
banks failed since the election than during
the cam paign. They failed to realize upon
their assets and that was what was the
matter with the people OF the United
States to-day.
If you had 41215 grains of silver and could
sell it any time you wanted TO for 81 you
would not sell it for less. You can buy silver
for 90 cents an ounce now because you must
sell it to somebody as merchandise; but under
free coinage you could not buy it for % cents
an ounce any more, because it could be coined
al the mintS and you would not have TO sell IL
merchandise.
There is lack of money, because If you
have something 10 sell you cannot get any
body to give price for IL. If we have enough
money now whv should we borrow it from
abroad and pay it back with interest and in
bigger dollars. The Government to-day fixes
the price of gold, and nobody sells his gold
at less than 25 As cents a grain. because he
can take it to the mint and have it coined into
money.
Mr. Bryan told an anecdote of his
father.in-law saying 20 him:
William, while | have we shall not
both of US want"
"And don't you know" he continued d,
lue LnoIe nave tHouent over tHose
words the less consolation l get ont OF
them. SO, when yen find man who says
there is plenty of money in the country
you viii find man who has plenty of it,"
Mr.. Bryan closed with a well-worde ed
peroration concerning the compensatlons
of nature, and said that the man who
would rob his neig h bor of food and yet
leave him his appetite was an enemy OF
mankind.
Mr.. Bryan will start for Los Angeles at
II: :55 o'clock Sunday morning.