The times. [volume] (Richmond, Va.) 1890-1903, 1899-08-19
SATURDAY. AUGUST 70, 1870.
MR.BRYAN's DEs MONIES SPEECH

Mr.. william J. Bryan IS not n fair
reasoner. in the speech which he made
M Des Moines. Ia. on the 18TH instant
he said:
THE CJ00000 Democratic voters Of the
Democratic party in 1896 were for silver
The 10000 Republican voters were for
a platform which called for international
bimetalism. Only the Palmer and Buck
ner voters We're for the gold standard
less than per cent
Nothing could be more unfair or more
untrue than this statement To say that
every man who voted for Bryan in 1896
was in favor of free silver is to ignore
one OF the best known and most potent
facts Of the day. There were thousands
and thousands of Democrats who voted
FOR Bryan because ne was the party
nominee. who did not believe in free
silver. Mr.. Bryan must surely be as well
aware Of this as everybody else IS.
II is further TO absolutely ignore the Gle.
mentary facts Of the case TO say. or rather
20 intimate. as Mr. Bryan does. that an
who supported Mckinley were for inter
national bimetansm; that the single gold
standard voters. except those who voted
for Palmer voted for Mckinley. The sin.
gle gold-standard men We're very great
body In 1896. and. were men Of good judg-
ment. as events have proved. Mr.. Bryan
also said:
'The Republicans who claim that times
are better because the balance of trade
IS In favor OF the United States give
away their own position and admit that
the Democratic view of the cumulative
power Of money is correct
Tho Republican who claims that the
present prosperity Of the country is due
10 the balance Of trade in our favor is a
very badly informed Republican. The
balance of trade in our favor SIS nothing
but evidence of the fact that we have
been selling more than we have been
buying. and that being the way Of prl-
dent and economical people, Il is an evi.
dence that our population are thrifty and
intelligent. But whilst that is q most
important fact. il is not the cause OF
the prosperous times we see. That has
come out of the fact that the agitators
FOR debasing our standard OF value were
signally defeted 40 the polls in 1896
and from the consequent belief Of the
world that our standard Of value IS fixed
stable and safe from the assaults Of the
misguided men who would food the c0un.
Try with over-valued, legal-tender silver
dollars. Confidence has followed this
and men can now trade with q certainty
that promise 10 pay dollar means
promise 10 pay IS D grains OF gold. or
something just as valuable, and the result
Is that every man. woman and child who
has the passion for gain IS trading and
exchanging and looking up enterprises
that promise good results from the en-.
ployment OF capital
No intelligent man disputes the quaint.
tailye theory Of money IL It is properly
understood. The more money there IS the
greater will DE the volume Of business
Coins valued Tor payment at double what
they are worth are not money The real
legal money IS the coin that operates Us
The standard Of value and the real money
of business IS the credits that are an re-
lated 10 this standard OF value. The way 10
have enough money IS TO keep the stand
ard Of value unyarying and make credits
free, and then there VIII be more money
Cor business IN one scar than Mr. Bryan
could coin out OF the silver mines IN the
world IN the next thousand years