Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1897-11-24
STRIKING STATEMENTS.
Bryan's Arguments Of Last Year
Are Proved TO Be Unsound.
Theories which Have Not stood the
Test OF Time-Present Condi-
lions Controvert Free Sill
Claims.


Mr.. Bryan's renewal of his silver argu-
ment during his brief tour in Ohio has
revived interest in his theories and as
sertions of last years campaign. There
II especial interest in seeing how they
have stood the wear of year.
Somebody has taken occasion. in view
of his renaissance OF Bryanism TO look
up some of his assertions of last wear
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
- a conspiracy which has for its ultimate
object the striking down OF silver as one
OF the standard moneys OF the world e.
Syracuse Speech. 1896.
Mr.. Bryan assumes that this CON
spiracy" has been in active operation
since 1873. Yet, according TO the direc-
tor of the United States 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
IL is full legal tender. Director Pres
ton estimates the amount OF silver
money in the world i'm 1873 at 81 .s17 .OOO.-
600. while to-day il is 81. 200. G1O. 900. II
this is the result OF a Conspiracy" of
p years, would il not be well TO let the
conspiracy" go on?
we complain OF the gold standard he
cause an increased demand for gold has
raised the price of gold and lowered the
price Of all those things which exchange
for money"-Buffalo Speech. 1896
How can there be an increased de-
mand for gold when gold. silver and
paper money rs well as bank exchanges
llftt ft,.., 4 1.
the population in the past few years?
The increased ease OF producing both
gold and silver has enormously i'm
creased the quantity OF them offered TO
the public According TO MulhaII and
Preston there are nearly six times as
much gold and twice as much silver in
the world to-day as there was 30 wears
ago. Does this look as though there
was IAN increased demand for cold
which has raised the price of gold?'
"Our opponents cannot ignore the fact
mat gold Is now going abroad i'm spite ~
all legislation intended TO prevent IT, and
Ih"t no silver is coined TO take its plao, ''-
Madison Square Garden Speech 1896
In the fiscal year 1897 the imports OF
gold were S44.6j3.2O i'm excess of the eN-
ports of that metal and the flow Of gold
from Europe TO the United States re
Gently became so great as 20 alarm
;he tinanciers of that part of the world
we believe that the free coinage OF sill
| yer VIII bring gold to this country. and
that, too. without the aid of syndicates ''-
Speech at Syracuse. N Y. 1886.
If that is the effect of the free coin
age of silver, why does il not do so i'm
tie countries which now have free coin.
age? The South American States have
had free coinage of silver for many
years, vet gold does not appear TO be
drifting 10 them.
'Bimetallism is indorsed by human his
tory. The gold standard has nothing to
indorSe IL except the misery which follows
wherever il has been tried Cleveland
speech 1896
The sort of Dimetallism which SIR
Bryan proposes is that sort which pre-
wallis in Mexico. South America. Central
America and China. The people of MeN-
leo have per capita of money in circu-
lation amounting to SS.41; those Of
Central America, $500; those of South
America. S1.06 (eNclusivc of their ire
dccmablc paper money!. and those OF
China. SOS. The gold standard couu-
tries have per capita circulation of
from $40 to S3I each. and include all
nations Of the globe
The advocates OF the gold standard have
never dared TO submit that standard TO the
arbitration Of the ballot. columbus
Speech 1896
There have been IL national elections
tor congress since the act which
dropped the silver coin OF the UnitcG
States was offered in congress. In
every one of these the people have had
fun opportunity TO exercise the ar
hitramcnt of the ballot" upon this qucs
ton. and they have never elected q
majority OF - congress i'm favor uf re
NerSing the proposition of that act
why does Mr. Bryan say that il hasn't
been submitted to the ''arbitramcnt
81 the ballot?' The silver minc-o owners
have for quarter OF n century been
urging the people TO submit the gold
standard 10 the "nrbitramcnt Of the
ballot upon IT, and they have cN-
pressed themselves every election of
members Of congress nv refusing To-
send TO the house Of representatives
majority favoring the free coinage Of sill
vcr. and last wear favored IL by rcfus-
nm" io elect president favorinc tina.
propoSition
The republican party has been leg -1at-
inE IN mako The dollar dear Sen
ntor sherman aid January ~. iS90. " our
present currency Is estimated at tt40O
100000. and orr population increasing al
ih" rat" OF three per cent. per aunum. 10
would take N2.o0O.O0O increased circulation
each year to keep pace with the Increased
population what provision has
the republican party made for the supply
Of the money we ncCd7 None whatever Co.
Greensboro On CO Speech 1896
There was added 10 the metallic cur.
rcucy OF the country last fiscal wear
S'G@5o,OOi. or IL per cent. more than
sufficient to keep pace with the in
crease OF the population"
On the whole. IL would seem tha.|
most ~ Mr.. Eryan's statements are an.
sNcrable.-C. - King.
civilian J Bryan teleRraphs Scna.
tor Jones OF NrLnu1al that ., ,1.,.t;,.