The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1898-06-03
CYCLONE DAVIS ADDRESS.

A big audience was at the court house
/ Saturday night to hear the celebrated
Cyclone Davis, of Texas, and Judge Story,
candidate for attorney general,
Judge Story was first introduced and
spoke for few moments on the union
of the three parties, the reference q inn
portant matters to the people, and the
finance, as an introduction to the people
Of this valley.
Hon. j. II. Davis was introduced and
made his third speech of the day, one
full Of patriotism and eloquent in its
own peculiar style of oratory, one that
holds an audience az few men can hold
one. We give some of his thoughts:
We must see that our down trodden
people at home are protected as well as
those in our neighboring islard. He
then took up the history of our finances,
giving the position OF Benjamin Frank
lin, showing it to be the same as that of
the union forces now. It was that the
power to coin money should be as near
the people as possible. Congress shall
have power to coin money. regulate the
value thereof, and of foreign coin. No
state shall coin money, emit bills of
credit or make any thing tender in the
payment of debt except gold and silver
coin" was presented from the constitu-
tion as the text OF the evening.
When We raise money for taxes or ar
mics to whip Spain, or postofices, or
courts, or declare war, we do so without
ever asking Europe, but when we coin
money we must ask Europe, and the au-
thority for each is in the constitution,
Can't go it alone, well we are just now,
and can just the same "a Dewey did
when he sunk twelve Spanish vessels in
Manila harbor. Why our forefathers
went it alone, except Benedict Arnold,
who asked England.
In the U. s. there is an average debt
OF all Kinds of S5l6 head. The refusal
10 coin one OF our metals is that the gold
interest receiving bondholders may have
the benefit OF dear money. The amount
of money according to Gage is $25 head.
The amount of interest that must be
paid is $50 per head. See, it is absolute
ly impossible to pay the interest. These
debts are due the corporations of the
country which have no heart and do not
care for the 35 ,0c0, 900 people who own
no real property.
The Gage and Carlisle plans are the
same. They say the $3.50 900 900 of
greenbacks musG be cancelled and bonds
issued payable in fine gold, the govern
mept never to issue any more silver coin,
except for subsidiary money, and the pa
per money shall be issued only by
banks.
We owe the foreign credit $ll5 000, 600
more than five years ago Four Europ-
can firms alone hold bonds in the o. S.
tha. will eat up all the gold in the world
every nine months. Increase your Ding
ley bill four times, and the European
hond holder won't care, he demands his
interest in gold or commodities at Eu-
ropean gold prices and he has you.
But there is not single sentence that
requires us to pay our q. S. bonds in
gold.
All the influence of Europe could not
induce Abraham Lincoln in our darkest
day 20 sign 3 bond except payable in
lawful money.
The English system of pounds ana
pence was abolished and the silver dollar
was made the unit and remained so |
for many years.
Now, the three union parties are agreed |
that the $S50. .00O, 600 in greenbacks shall !
not be destroyed, that the bonds shall |
to be paid in coin and not |
changed to gold coin and that the ratio |
,f gold and silver shall be as established |
Is 10 l.
We propose to stand By the contract,
sn't that honest.
That our money will be good in Eu-
-ope, under tree coinage, is fact the
speaker demonstrated.
The foolish talk about 50 cent dollar |
vas discussed in an inimitable manner,
md shown that there is no such thing. |
Not confidence but cash is what is |
wanted. Cash makes confidence