The record-union., 1898-10-20
and he knows it, and he won't discuss
it. (ApplauSe and laughter)

and he knows it, and he won't discuss
1t. applause and laughter)
HOWLING AT THE CARS.
He won't discuss his conduct on the
Hawaiian question; he won't discuss his
conduct on the war appropriation
measure: he won't discuss his conduct
upon any single thing that really lies
at the heart of this issue, but simply
sits on the fence and howls at the cars
and makes faces at the conductor
Great laughter.)
l wonder, oh, wonder-because there
are lots of sincere people among the
Populists there are lots Of men in that
party that have had awful hard luck
in this world, who haven't been able to
accomplish what their real merits de-
served, and they are sort of sick; and,
like man who has been sick good
while, he will take anything in the
world you tell him to take, from dose
OF Oil to tarantula, thinking it is 60
ing to do him some kind of good: that
is the way with these people-and re-
spect their opinions, though I have no
patience with their theories Of govern
ment-but I have wondered a great
many times, and in reading Judge Ma
guire's speeches about mellow those
Populists must have felt when they
went to meeting presided over by one
of their people, and where Judge Ma
guire, their candidate, on their plat
form, was the principal orator, and he
spends the whole evening and never
says one word about Populism!
NEVER TOUCHES AN ISSUE.
John T. Doyle once told me that
Father Varsey, that splendid scholar
and astronomer connected with the
Jesuits in San Francisco-one of the
most magnificent intellects of this CEN
tury-Was to deliver a lecture on
astronomy for the benefit of some
struggling men Of the church; and, Of
course, the fathers took the tickets and
they peddled them out to the servant
girls and everybody that came into the
church, and they came with their
money, and they all went in to hear
the lecture on astronomy; and Doyle
said that two Of those girls sat in front
of him; and Father Varsey was talk
ing about parallaxes, and how to
measure the distance to the stars, and
the great size of some Of them COM
pared with the sun-and one Of those
girls turned around to the other and
said: Margaret, what is all this
about?" "I can't tell you, dear" she
says. II have been sitting here half
an hour, listening as hard as I could,
and I haven't heard a word about Ire
land yet" Gaughter.)
IRREDEEMABLE MONEY.
IIa hor
teen counties of this State but he has
not ventured to debate their leading ar
ticle of faith with reference to national
money. When they were trying to
raise money to carry on the war with
SPAIN and the Republicans were dis
cussing this three per cent. bond issue,
Mr.. Mcguire and his friends proposed
that the Government should issue, to
pay our soldiers and the people who
sold the munitions of war and food and
clothing for them, 100000 of ire
deemable paper money and pay our
debts with it, and when they found they
would not do that, then they proposed
to issue a hundred and fifty millions of
non-interest bearing bonds. I would
like to know who would buy a bond
that did not have some interest on it.
would like to know who would take
his money out of savings bank where
he was getting 4 or Az per cent per
annum, and buy bond that did not
bear any interest. Why, everybody
knows that, if the bond had year to
run, the discount on the bond-as Mr..
Mcguire says-would be just equal to
the interest and If 1t were a twenty
year bond, it would be twenty times
that; so that If you sold a thousand
dollar bond, you would get four hun
dred for it; If you sold hundred mill
ions, you would get forty millions and
that is the way you would go on, IN
that proportion, and that is what he
calls a non-interest bearing bond.
And, to take it up in that connec-
ton, they say: 1--WE believe in national
money, to be issued by the Govern
ment to the people"-in some mysteri-
Gus way, the Lord only knows how, 1
never could find any way to get any
money, either out of the railroad COM
pany or the San Francisco Exam
iner," but by working for it, Gaugh-
ter.)
They have got the idea, and they
had the idea developed in the Populist
platform of 1890, in which they said
that it was the duty Of this Govern
ment under existing conditions, 20 IS
sue 500 of irredeemable paper money
to every man, woman and child in the
United States-and there are 75,O000UO
Of them.
NATIONAL MONEY.
National money! We have tried that
experiment lots of times in this coun-
try. Other people have tried it, too
In the Continental Government the
Federation before the adoption of the
Constltution-each State issued money.
New York issued its own money, Mas
sachusetts it's, the Carolinas theirs,
and / think Virginia made beaver skins
and tobacco legal tender for the pay
ment of debt; and what was the re-
suit? The last man that got the mon
ey bursted! Naughter) He wasn't
worth anything. And so it was that
when the Constitution was adopted,
you remember, they put into it the
clause that no State should have the
right to make money. 1t was because
the Governments that had preceded the
adoption of the Constitution had tried
that experiment of irredeemable paper
money to their utter ruin. We We're
compelled to try ii in the Civil War.
Mr.. Buchanan, Mr.. Lloyd, Mr.. Cobb Of
Georgia, and the rest Of the gentlemen
who were interested in breaking up our
finances and distributing our arms all
over the South so that we could not get
them-neither money nor guns left
things in such condition that our Gov
ernment had to have 50 600 900 q day