The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1899-04-14
TRUEoDEMOCRATS
observe Jefferson Dsy in a ieuls
Simple Mannes-A Fat One
Dollar Feed.

most lifting manner py a banquet az lhe |
Plankinton house tonight which was at
tended by over 400 guests. Col William
j. BRYAN. of Nebraska was the guest OF |
honor and delivered he principal address. |
DELEGATIONS of democrats were iu attend |
auce from many towns throughout tho |
state and nearly all the democrats from |
the state legislature We're present. Col |
Bryan was escorted on am early train
from chicago by large delegation from
that city and Mayor Harrison came later
also with a large number OK escorts.
The bnquet hall was beautifully deco
rated with national colors.
Col Bryan spoke ON democracy. lie
said In parts
In like manner we have To draw an In
1--WE are now near enough TO the next
campaign to be able to form some idea
Of the lines along which the contest will
be fought. and / am taking no risk when
say that those IN 1896 who save their
full allegiance to the Chicago pltIorm
are as united today in the determination
that no step taken in 1895 shall be re-
trcted. The platform applied 10 the con--
ditions then existing, the principles
which had been democratic from the be-
ginning of the government. Suggestions
that we abandon the money question
sometimes come from those who deserted
The party in 1896, but base suggestions
are not supported by evidence tending
to show that the opposition I'm 1895 was
wrong. but was predicted upon the theory
that the issue puon which the party once
lost can never be regained, and what
.fNF a
made by those who have followed a dif-
fcrent course in the past.
II the gold standard was unmerited IN
1896 it is uumerited now. If It's maine
nance was a dctrment to the interests
of the people of this country then, IL Is
a detriment now. II in 1856 it was 50 hurt
ful that the republicans promised TO put
forth their best efforts To substitute In
ternational bimettalIsm FOR o., and az
ter the election wass til so huruul mat
the president sent a commission to Eu-
rope to secure foreign aid ia abandonine
it, what had happened since then 70 make
the American people accept is as bles-
sing?
If increased discovery Of gold in Alaska
had been OF any advantage 20 the United
states. Il is but another evidence lhat
the ouantitive theory of money is correct
II large balance Of trade In favor OF
the United states gives any relief be-
cause of the money thus brought into
the country could an additional argument
be brought I'm favor of the quantitive
theory OF money.
Rimettalists have contended that times
will be made better by the return of the
iuQreN gg1 sun
plv of standard money tnus furnished
for the business OF the country.
while # Is unnecessary to discuss the
question Of ratio until some other ratio
is proposed 1t may not be out OF place
60 uggest that 10 to / being the rau a.
which the present gold and silver coin
circulate, It Is the natural ratio at whleh
the mints should be re-opened. To IN
crease the ratio by increasing the size
of the silver dollar would necessltate the
! coinage Of our present silver dollars IN
IN n less number Of dollars and the IN
crease OF the ratio made throughout the
world would result in larged decrease
IN the volume Of standard money ana
since the value of q dollar depends on
the number Of dollars such chan6e
vould necessarily decrease the purchdS-
ing power of a dollar and Increase thc
burden OF debt. II would be equivalent 10
a transfer bv legislation Of vast amount
Of wealth from tho producing classes 10
the money owning classes.
The attempt Of the republican party Ia
retire the greenbacks and substitute iol
them national bank notes, VIII hVe u
uhat question a greater prominence thai
IL enjoyed I'm 1856. During the war lh
national bank note never became NOR
valuable than the greenback because }
was redeemable in the greenback. In
national bank note is good only becaus
IN. national government stands as 81
endorser Of the bank. The value OF ih
hank note Is dependant upon the sl'
ernment. how can 70 be any better una
.be Governments own paper and wh
should the government pay hAuon'
hanks a bonus 20 induce them TO issu
bank notes which are in no way super
4 lor and in some respects Inferior To th
preenbaoks issued by the government an
f" for which the people pay no bonusF
THEN THE TRUSTS.
The trusts are now absorbing an II
creaslng share Of public attention pecau'
NJ their rapid growth during the la
! two wears. We had a sugar trust ana
= ou trust some years ago. We now nav
n . tJsc,it trust and a match trust ana
a meat trust-in fact trust In aAmo
oyorvthing that ls used. The milk tru
l- receives the infant as he enters u
rs ,,orId the ice trust c0ols him In ihe sur
rs mer the coal trust keeps him warm
re me winter. while the coffin trust wal
to receive him when Mes htful dre'
r is over. The people are beginning 10
or yybat the principle Of monopoly really
and vet the principle Of monopoly
nlainlv illustrated by the industr
trnsts does not differ az an from
,,rl,cirie of monopoly which underl
botn the gold standard and the paI
money trusts. The republican party J
1.nat.lsd that the standing army be
~,..,s,d to 100. 900 men. If the citizens b'
no I'M the United States are Ignorant OF
% burdens of a standing army, they can
q, calye instructions from those born
ia pnr,nean countries. Many Europe'
80 Who are now worthy citizens OF
Ier ,r,,t repubiic left their European hor
be heca1ise Of the burdens imposed by
on enormous military establishments.
great army may be good thing for
r,1road companies which Will carry N
ska from place to place and, large contr
t,re who viii furnish food and rain
yill for the soldiers. but IL Is "a distress
for burden upon tho plain people OF
Ia country. especially upon the farm
,lic whom an unfalr share Of the load
tue fallen.