The people's journal. (Pickens, S.C.) 1891-1903, 1900-02-22


out viii not give gold soveraigns for
rupees. India Is u silver country and
can not be forced other to use gold IA
money or to accept gold as the measure
OF commercial values, notwithstanding
there ls no self-gOvernment and the
people nave apparently no effective
means OF protecting themselves from
wrongs which the home government
IN London may attempt to inllict upon
their starving oriental subjects. The
public sentiment OF England would, |
oclleve, welcome another movement
Tor tho demonstration of silver and
the reopcniug of the India mints for
that purpose. England suddenly finds
herself IN connection with her war OF
conquest against tho Transvaal Ro.
puoIlc Obliged to borrow money, and
II IN u war continues may soon become
wllllng to enlarge tho metallic uaonev
OF tic world through renewed neg0tia-
t'ohs lor an international agreement.
Why not, then, now renew efforts in
inc name OF the United States for
nlmctallism Why undertake by the
first ten lines Of this bill to strike ono
moro olrw st reconciliation and fal.
silly nll the pledgcS which the Republi.
can party and its leaders have becn
making in al thCs past years? Is it
possible that we were all mistaken
when these pledges were mado? Were
we biundcrers, so ignorant Of the prin-
cip'es OF liuancial science that we
loudly shouted OYER and over again for
the RECOMMENDATION of silver when gold
monomntal ltsn was tho true financial
system Is 1t not quite possible that
we were right then and that we arc
"roug now II 1t IS proposed to forever
discard any idea Of the demonstration
OF silver and to complete the work of
establishing gold monometallism as
the hnAl money system for the United
States and the world?
TIE Senator from Rhode Island s3,vs
tnat it Is not intended by this bill to
reject the lea Of international bmo-
la!iism II 1T ever becomes attainable.
Ihcn why not say so III this bill In un-
quivocal languag, ? There exists the
ncclal alton OF 1893, placed uuon the
statute book when tho silver. .purchas-
ing clause Of the Sherman act OF 1890
vas repeated. Why not insert it in
this bill if the Senator from Rhode
Island means what he says? Are ali
the pledges of the Republican party,
piled mountain high during the last
twenty-five years, to bo now reduced
ny Congress to u grudging minimum
nt time when the President of the
United States does not even mention
the subject Of the demonstration of
silver in his annual message to Con-
grcss
1t seems plain to M that the dc.
claration for golG in this bill Is unwise,
both In business and political sense.
There is no need OF It's enactment, no
public demand for 1t, no business Or
hnancial condition which Is TO be
helped by it. In 1873 tho mints OF the
| IN Il.
age OF silver dollars and no power on
earth can open them to fur her coin
age except the President and the two
Houses Of Congress, or the two Houses
OF Congress by Il two thirds majority
without the President. The first ten
lines OF the bill Gre q work OF snnnrorn.
CATION, gratifying only to tho gold
class, who arc bent upon increasing
the value OF their gold by legislation.
Senators contend that the bill does not
change existing law, but only rciteratcs
existing law. If that bo so. | say there
is no necessity for the reiteration.
MIR. Preside mt, it is with sincere re-
gret that differ 20 ra. ically from 30
many OF my political associates in this
body. But my convictions Of duty will
rot allow me to DO otherwise. | have
not abandoned the faith OF tho fathers
| | stand upon tho ancient ways. y"
want the double standards SO DC
TIL 'rtGen huudred millions Of the peO
pie OF this world OF ours, while onl,
200, ,0OO. 600 want the single gold stan
dard. We want the real money of the
world to be $4,000, ,000,0 900 in coin. The,
want it to be only $4,000 100000. The
difference means injustice, injury, suf
fering, and distress to millions of Cod.
poor people the world over, while the
gold class Is to wax fat at the cost o.
their helpless victims.
| The Republican party ought not &c
DO any such grievous wrong. I entreat
| it's leaders not to burden US with gold
monomctRllism, but to renew In un m is-
taxable language our oft-repeated
pledges to rcm0nctiZo silver. Let us
not justify the asDo.slOn lately cast
upon us by Mr.. Bryan when ho said he
did not believo that the Republicans
would hold out international bimctal.
lism In their platform OF 1900, and that
he expected TO see their platform de-
clare uncQuiVOcally y for the gold stan
dard. He further said
Thousands Of votes went to the
Republican candidates In 1896 on their
promise to do everything possible to
bring about bimctallism by interna-
tional agreement. Tho falsity of that
pretcnse was demonstrated carly In
the present Administration. | do not
think they will try the Same trick
again, but II they do they will not sue.
coed in fooling worry many people bv
IT,"
Let us repel this charge rs unjust
and untrue by rcaliirming tho oft-Dro-
claimed principle OF our party and the
ever-present desire of our people, that
both gold and silver shall be the stan.
dard money OF the nation. II We are
thus true to our traditions and to tho
wishes OF our constituents, we shall re-
elect our gracious and patriotic presi-
dent by popular and electoral MAORI
ties greater than any President has
ever received. Can we afford, by the
Dassaae OF tho needless first ten lines
OF this bill, without sufficient qualifca.
tion, to add to the chances OF his de-
| feat?
Tho gifted Senator from New York
(Mr. Dopew) is said to havo designed
| for the Republican party o now cam