The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-05-06
IN ORDER TO AVERT THE POSI-
BILITY OF DEFEAT.
Failure In 1900 May Be Attended
With Consequences Too Direful to
Contemplate = Ex-Congressman
Allen Presided and the Audience
Was Composed of People of All
Shades of Political Belief.

party MT. 1OWHe Is Oh attractive,
I convincing and eloquent speaker. His
talk last evening could scarcely be said
to contain any new ideas or arguments
in favor of the silver cause; that it
should is we'll nigh impossible, for Utah
audiences are posted on the money
question, and are not strangers to the
logic of it, but Mr. Towne was thor
/ oughly appreciated and his address was
eloquent and convincing, and eonclud-
, ed with an appeal for union of all the
silver forces.
The distinguished gentleman was &C
companied to the stage by ex-Congress-
man G. q. Allen, Chairman Lippman
of the silver Republican party, Chair
man Lawrence of the Peoples party,
John Henry Smith and others.
! Held'S band played patriotic airs be-
fore and after the address, and alto
gether the gathering, which was COM
posed of all shades of, politics, was
quite enthusiastic.
EX-CONGRESSMAN ALLEN,
Congressman Allen, who presided,
in introducing Mr. Towne, said the au-
dience was to be congratulated on hav-
ing the opportunity of hearing the
speaker of the evening, who was both
brilliant and studious.
The battle was not lost. the battle for
right is never lost, but the time had
come when people had to declare on
which side they stood. The time had
passed when a gold monometallist could
or would be sent to the United States
congress as a bimetallist. Some
thought the present was no time for
politics, for we have war, glorious war,
but we and our children will have to
pay for the war, and we ought not to
be by adhering to the Inonometal sys-
TEN.
HON. C. A. TOWNE.
Mr.. Towne was received with loud
applause. He began by reading an
apostrophe to the American flag, THE
Starry Flower of Liberty" and then
made passing reference to the war I'M
dertal1en by this country to confer the
blessings of liberty on another people, !
whose wrongs had become a byword |
among the nations. This war might !
have been averted, but it was not and |
the nation was now in it as one man |
and there would be no turning back I'M
til the flag of freedom waves over Cuba. |
The mission of the American people is I
to plant the flag of freedom and to |
maintain it, for it needs maintaining |
even in our own land. Bimetallism
means liberty 1t is intimately connect
ed with the political and industrial lib
erty of this country. On it's success de-
ponds the future of this country, the
preservation of its freedom and its lib
erty. The original 13 states declared
that they would be free, free from Great
free to promote the greatest
happiness of mankind in America. This
was the declaration of independence.
In that instrument, either expressed or
implied, cannot be found any CLAUSE
which provides that any foreign coun-
try shall regulate the money or the
coin of this country.
Our fathers rebelled against injustice,
and rebelled successfully. Great Brit
ain having lost her brightest gem in her
colonial crown, set about devising
scheme by which she would, by other
means, bring the people of this country
IN subsection to her, and by which the I
people of Great Britain would reap the
fruits of the labors of the men and the
women of America. They brought about
he change in our monetary system, {
which increased the value of gold and |
the value of produce and Ia
1or, and that system, if continued, will
destroy the great middle class, the yeo- {
men, and this nation will be divided
nto the plutocrats on one side and the {
lbjectly poor, who own nothing, on the {
'ther side.
AFRAID TO TRUST THE PEOPLE. )
The advocates of the gold standard {
re afraid to trust the people. This S
government is a government of the,
'eople, of which the gold standard adj {
COATES are afraid. The gold standard
xists in Germany. France, Austria.
tally and other countries, but in no
ountry have its advocates dared to put
he question fairly to the people, to let =,
he issue between monometallism and L
or oil no daoidad Nv ha
ill. The gold men by some means
Ontrol parliaments, congresses, diets =,
nd other legislative assemblies, but q
he people had no voice in the matter :.
he bimetallic commissioners, when "
hey went to Europe, In effect told the q
representatives. of the countries whom \
hey met that they had come in the -
lterest of bimetallism, but at the same -
me said, "If we can't get bimetallism
e shall be satisfied with monometal- ~
SIN. Which shall it be?" OF course, -
lie Europeans replied, international "
imetallism is an irdescent dream. Go y,
ONE and tell your people So" "
The speaker here referred to the :.
)und money policy, and declared it
as a Understanding phrase, invented n
ythe Republican gold party to deceive i;
lie people, and it answered its purpose "a
ell. The Republican party in 1892 held II
self out as the party of bimetallism, q;
1T it was only talk without any mean y,
e. Sound money, an honest dollar, n
trinsic value and similar phrases II
ere meant to deceive. There is no ~
lch thing as intrinsic value, never was q
lch thing, and never can be. Gold x
represented as something immune a
ON the ills that everything else mum x
me has, while silver is called a poor "a
eak thing discarded as money by the ~
civilization of mankind In y
insic value, Mr.. Towne said, was in x
insic nonsense. Gold. had no intrin- N
c or inherent value. Value in ex- IS
lange is the only value that political o
onomy knows anything about Sup =
y and demand fix the value When K
oney is tight we have to give a good <
al of other things to get it; when X
oney is plentiful we haven't to give Is
much of other things to get it. .
NOT ENOUGH MONEY. K
No matter how good your money z
ay be, if you haven't enough of lit to Is
lrchase what you need, what you a
ust have, what good does it do you? o
you throw away half the money of Q
e world, the half you keep will have 4
do the work of the whole A dollar x
hich formerly bought one bushel of Il
heat will then buy two and if you n
It the money again in two, a dollar y
i'll buy four bushels of wheat, and so q
, so that if the good money idea is Il
rried to its legitimate conclusion, one ~
these excellent dollars would buy n
erything in the world. 1t is easy to O
derstand why the man with dollars n
10 wants wheat would advocate such ~
system, but why man with wheat n
10 wants dollars should do so is hard N
comprehend. n
no ie-, ~, | m