Staunton spectator and vindicator. [volume] (Staunton, Va.) 1896-1916, 1899-08-03
HONEY. TRUSTS sAnp EXPANSION.
Hon. W. J. Bryan Briefly States His
Position on These Issues.

L
| Position on These Issues.
| At the meeting in the auditorium
in Chicago recently, the Hon. VIM.
Bryan SAID
| desire to condense what I have t,
say upon three subjects into few brie
propositions.
| ''First-President Mckinley, b,
sending a commiseion to Europe t,
secure international bimetallism, con
fessed the gold standard to be unsatis
factory.
Second-The failure of the commits
sion to secure International bimetal
lism proves that bimetallism can bt
restored only through independent
action.
"Third-The gold standard is main-
tained today, not because the Ameri-
can people desire it, but because few
English financiere, by controlling the
policy OF England, control through the
Rsp shliean party the financial policy
of the United States.
"Fourth-If the increased produc.
tion of gold in the Klondike and the
importation of gold from Europe have
increased the volume of money and
improved times. it is evident that
more money makes better times, and
times could be still further improved
and the improvement made permanent
by the restoration of bimetallism,
which would make silver as we'll as
gold available for coinage.
Fifth-If it was more difficult to
maintain the parity between gold and
silver when the supply of silver was
increasing it must now be easier to
maintain the parity since the supply
of gold is increasing.
ION the trust question 1 suggest the
following propositions for your consid-
Grafton
First-The trust is a menace to the
welfare of the people of the United
States because it creates monopoly and
gives to the few in control of the
almost unlimited power over
the lives and happiness of consumers,
employees and producers of raw mate
rial.
"Second-The President appoints
the Attorney General and can, if he
desires, secure an Attorney General
who will enforce the antitrust llws.
"Third-The Attorney General can
recommend sufficient laws, if present
laws are insufficient.
Fourth-The Attorney General can
recommend an amendment to the Con-
stitution if the present Constitution
makes it impossible to extinguish the
trusts.
Fifth-The Republican party is pow
erless to extinguish the trusts so long
as trusts furnish the money to contin-
ne the Republican party in power.
I'm the Philippine question certain
principles are involved.
'sFirst-There are but two sources of
force and consent, mon
archies being founded upon force, rel
publics upon consent.
''Second-The Declaration of Inde-
pendence asserts that all governments
derive their just powers from the con-
sent of the governed.
Third-If the Declaration of Inde-
pendence is sound. we cannot right
fully acquire title to the Philippine
Islands by conquest or by purchase
from an alien monarch, to whose re-
bellious subjects we ourselves furnish
ed arms.
''Fourth-If the Filipinos are and of
right ought to be free, they should he
assured of our nations
to give them independence
as soon as stable government can be
Fifth-The Fillpinos having fallen
into our hands by accident of war
should be dealt with according to
principles, and not only be
given independence. but protected
from outside interference while they
work out their own destiny"