The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1900-09-16

was much of the time in 1896, as against 20
cents this summer, the man with 81 900
mortgage can get rid of ii for about l. 800
bushels of wheat now, when most of The
time before the conspiritors got to work
Ii would have cost him about 1,S00 bushels.
1t would seem that the conspirators at
this rate lost about 500 bushels of wheat
10 the 81, 900 mortgage If they were in that
line of business. There have been tin s
since 1896 when the farmer could have
relieved himself of the mortgage for 200
bushels of wheat.
81 think that on this question our people
have come to see that after all it is not go
much the abstract amount of silver the
abstract amount of gold that is in circula-
ton which alone fixes the supply of money
which determines prices, but that this sup
ply is made up not only of gold and silver,
but of government notes and bank checks
and drafts all of which have an equal pur-
chasing power with gold when interchange
able into gold on demand.
"Our people see that when the silver peo-
pie threatened the interchangeability of all
our money with the best standard they
destroyed confidence and drove money out
OF circulation and large lines of credit out
OF existence And so this administration
enacted law making gold the standard,
and assuring the public by this law of it's
safety. Then il was that confidence revived,
and money again came into circulation and
general prices rose even though the price
If silver continued to fall.
Il believe that the continuance of the
prosperity of this country depends upon
the success of the Republican party which
opposes the free coinage of silver because
il believes it unequivocally a moral and
economic wrong. Let the man who is not
wholly satisfied with the existing condi-
tions ask himself the following questions:
"First-If Democratic administration
comes into power. have / any reason to be-
Heve that it can improve industrial condi-
tons by means of the legislation recon-
mended by them?
''Second-If a radical Improvement of ex-
4pIr iol -
pected from a Democratic administration,
what risk is there of disturbing existing do
nestle conditions adversely by helping to
place a Democratic administration in DOW
err because am not satisfied with the pres
ent foreign policy of the Nation?
''I think reflection upon these questions
will convince such a man that with the
issues presented as they arc by the Kan
try cannot stop the Nations progress in
the world without stopping its prosperity
at home"
In closing a discussion of the Philippine
question Mr.. Dawes said:
This great Republic stands at the part
ing of the ways. 1t will not take the
wrong one II will not turn it's back upon
broader fields and to raise to higher and
happier and better life millions of people
cast under it's protection by an unavoidable
war 1t is true this Nation is bearing great
responsibilities: but Ii cannot avoid them
There is no responsibility great as that
involved in stunning a responsibility which
IL is our duty TO meet. AS this Nation has
met its duties in the past, let us as indi-
viduals meet ours at the polls in Novem-
Der: and let us stand unitedly behind the
principles and policies of the present adj
ministration."