Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1898-10-15

pie Court building, New York city, l..
katz, Agent.
continued from page two.
Give him the money directly; let him
have it. The Constitution provides that
the United States shall coin the money
Give him such a standard; give him such
money as You require from him. You
require it from the consumer and the
producer; you require from the laboring
MAJ gold to pay the interest on your
national debt. which is right, which can
not I've avoided if we mean TO save the
national honor; hut then give him the
same money with which you pay that
debt. DO not take two dollars from him
and reduce it to one dollar before you
apply it to the payment Of the debt.
What better off is the laborer? He has to
produce a dollar; and in order to get a
dollar to pay interest on the debt you tax
him one dollar and fourteen cents, he
cause you have to reduce it to gold. All
these m~auipulatious he does not under
stand. Let him know the exact measure.
Why do you want so much abstraction,
so much mystitication, 50 much printing,
SO much figuring, SO much manipulation
between the honest man who tolls or
produces, and the capitalist, who re-
ceives his interest? ON every turn the
producer loses, because you resort to an
India rubber scale, crooked devices,
which are a cheat and a traud."-Ubid
page 1910
From the foregoing the country viii
see that you misrepresented me in pre-
tending that l advocated the gold
standard instead of the coin" standard
of both gold and silver.
On the Both of August. 1893, you made g
similar attack on me, and quoted from a
speech | delivered in the Senate on the
llth Of February, 1874, in which l was
opposing an increase of national bank
circulation. then said.
The only way to relieve the country
is to move right back to specie payment
let every man in the country know wha
the value of his money is; leave no mar
gin to put up gold or to put down gold, tC
put up g]reenbacks or to put down green
backs as compared with gold; leave ne
speculation Of that kind" (COngressiona
Recorn, vol. ,, part ?, Forty-third Con
gress, first session, page 1922
In the course of my remarks on tina
occasion | used the word gold 70
'specie.' The context of that speech ais
shows that | was not advocating the gol,
standard as against the double standart
or anything of the kind; that | simpl
used the word gold for specie or coin,
common error often committed while tn
gold board was in operation in New YORK
The silver in the silver dollar at that tim
was worth more than the gold in tn
gold dollar, and the term gold" wa
frequently used to indicate specie or col
The context of both these speeches an
lhe subject-m after under considerable
show plainly what was intended, an
that they lac no reference to the gOl
standard. No man knows this fact bette
than yourself. AT the time these speecht
were made Ibid not know that you ba
~demonetized silver in the mint act, ne
did you colleague, Senator Thurma
know it, nor did any leading member
either House who had spoken upOu ii
subject know it.
Senator Thurman. on the 10Th of Fe
ruary, 1873, in debate said:
Il cannot say what took place in tt
House, but know when the bill w
pending in the Senate we thought it W
simply a bill to reform the mint, reg
late coinage, and fix up one thing al
another, and there is not a single man
the Senate, | think, unless a member
the committee from which the bill can
who had the slightest idea that it w;
even a squint toward demonetizatiOn.''
Congressional Record, volume I, part
torty-fifth Congress, second session, pa
1864.
have examined with care your vario
attempts to defend yourself against t
charge that you demOnetized silv,
The only defense which you make is tt
you were not caught at it while the b
was pending, and you lay all the blair
upon me and other Senators for tn
wicked legislation, because we did II
suspect that you were doing anythii
different from what you were pretendil
to do. If you have any other defense
demonetizing silver when the silver
the silver dollar was worth 3 per &C
more than the gold in the gold dollar, t
public undoubtedly will be glad to hs
from you. SO far as | am concerned
know you have none.
Yours respectfully,
VIM. NJ. STEWART.