The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1897-11-13
AN the News That's Fit to Print"
Evening Herald
SATURDAY. NOVEMBER IS, 1897.
Rennlssnnce of Brvnnlsm.

Renaissance of Organism.
Mr.. Bryan's renewal Of his silver
argument during his brief tour in
Ohio, and by which he declared he
would bury Mark Hanna has re
vived interest in his theories and as
sertions Of last years campaign.
There is especial curiosity in seeing
how they have stood the wear of a
a Somebody has taken occasion,
in view his renaissance of Organism,
to look up some OF his assertions of
last year, and,comment on them in
the light of present conditions. Here
are a few Of the extracts from his
speeches Of 1896, and the comments
upon them:
This conspiracy which we have TO meet is
q conspiracy which has for its ultimate object
the striking down OF silver as one Of the stand
ard Moneys Of the world''-Syracuse speech,
Mr.. Bryan assumes that this con
spiracy'' has been in active operation
since 1873. Yet, according to the
Director of the United State Mint,
there is more than double the amount
Of silver money in use in the world
to-day than there was in 1873, and
practically all of it is a full legal
tender. Director Preston estimates
the amount of silver money in the
world in 1878 at $1,s17, 900, 900, while
to-day it is $4,000, 900, 600. If this is
the result of a conspiracy" of
twenty-four years, would it not be
well to let the conspiracy go on
awe complain Of the gold standard, because
an increased demand for gold has raised the
price OF gold and lowered the price OF all those
things which exchange for money."-Bunal
speech, 1896.
How can there be an increased de
mand for gold when gold, silver, and
paper money as well as bank ex-
changes have increased much more
rapidly than the population in the
past few years The increased ease
of producing both gold and silver
has enormously increased the guam
tity of them offered to the public.
According to Mulhall and Preston,
there is nearly six times as much gold
and twice as much silver in the world
to-day as there was fifty years ago.
Does this look as though there was
IAN increased demand for gold which
Has raised the price Of gold?
"our opponents cannot ignore the fact that
gold is now going abroad in spite OF all legisla-
ton intended to prevent It, and that no silver is
coined to take It's place."-Madison Square
Garden speech, 1896.
In the fiscal year 1897 the imports
of gold were ga, 653, 200 in excess of
the exports of that metal, and the
flow of gold from Europe to the
United States recently became so
great as to alarm the financiers of
that part Of the world.
1--WE believe that the free coinage Of silver
will bring gold to this country and that too,
without the aid OF syndicates. '-Speech as syria
cuse, N. Y. 1896.
II that is the effect of the free coin
age Of silver, why does it not do so in
the countries which now have free
coinage The South American states
have had free coinage of silver for
many years, yet gold does not appear
to be drifting to them. Instead of
gold going to them, or their being
able to keep the gold which they
have mined, as Mr.. Bryan says will
happen under the free coinage of
silver, they have lost their gold until
they have to-day but $1.11for each in
dividual.
'tBimetallism Is endorsed by human history.
The gold standard has nothing TO endorse II
except the misery when iomowSS TGsesere'0' "
The sort of bimetallism which Mr..
Bryan proposes is that sort which
prevails in Mexico, South America,
Central America and China. The
people Of Mexico have a per capita Of
money in circulation amounting to
As. al; those of Central America, $500;
those Of South America, $1.06 (exclu-
sive OF their irredeemable paper
money!, and those Of China, $2.OS.
The gold standard countries have a
per capita circulation of from $40 to
Ss5 each, aud include all the most en-
Iightened and prosperous nations OF
the globe.
,urhe advocates Of the gold standard have
...-dared To submit that standard to tho arbL
trament Of the ballot."-Columbus speech, 1885.
There have been thirteen national
elections for Congress since the act
which dropped the silver coins of the
limited States was offered in Congress.
In every one OF these the people have
had full opportunity to exercise the
arbitrament OF the ballot" upon this
question, and they have never elected
= majority Of a Congress in favor of
reversing the proposition of that act.
Wbv does Mr.. Bryan say thatit has
not been submitted to the ''arbitra-
Of the ballotf' The silyer-mlne
owners have for a quarter OF a cen
tury been urging the people to sub
nit the gold standard to the "arbitra