The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1900-01-25

years to justify it? They win tell you
that we have so much money that we
don't need the coinage of silver with gold.
If they hadn't found the money they
didn't expect they would have been in a
mighty bad fix. When we asked Secretary
4 Gage to explain, he replied that it
wouldn't do to remove the gold from the
banks, and when you ask where 1t Is, he
/ replies they mustn't take it out of circu-
llation. With this Increased production of
gold If we had both gold and silver coined
we would have all the advantages of
gold and silver as we have of the gold.
When a man tells you we can't maintain
the parity I say if there ds an increase in
gold 1t will be easier for the coinage OF
silver.
1.-THE Currency Bill was the most in
famous ever presented to Congress. They
couldn't get it through in 1896, but did
so in 1898. We had war on hand. While
| the people were thinking of the war the
| orators were shouting Hold up the hands
of the President and at the same time
the Republicans were holding up the
| people. Qaughter.) These orators said:
Don't discredit the President and they
-
they added to the bill to turn you over
to the National Banks
/ what will the banks make out of it?
/ They will have all the bonds funded fer 2
per cent. bonds, and then these bonds will
be at par, and then the banks may issue
money up to the par value of the ponds
and then they reduce the tax from 1 per
cent. to one-half of per cent. If na-
I IL Ao1 - S1H0 0fA01
wants to invest in the same bond, the
! bank can buy the bonds for $l00, GOO, depos-
| 1t them with the Treasurer, get pack $780,
| 900 in currency, which will take the place
/ of the money spent for the bonds And
then the bank will get 2 per cent. en- the
/ s1G0, 900 and pay one-half per cent. back
and thus it draws 11a per cent. on the
4 s100, 600, with actually nothing invested at
/ all.
Now" continued Mr. Bryan, after i
pause, s1et us look at the trusts question.
! I don't know whether you've heard of it
in New Jersey. Gaughter.) Three years
ago you never heard a Republican defend
| a trust, now you never hear him denounce
| them. They say that confidence is re-
stored, and I look in Webster's dictionary
| and find that confidence means 'trust,'
and then I know it was restored. Qaugh-
! ter.) Ask the Government why 1t doesn't
destroy any one trust and he will tell you
/ the law doesn't reach that case. 1T re-
minds me of the little boy at dinner who
/ was watching his father carving, and he
said, oh, that's too big for granny It's
for you,' replied his father What lit
! tie Bit said the boy. (Laughter) The
Republican party having the President,
Senate and House ought to enforce the
law which now exists against trusts, and
if that be not sufficient they should enact
| another law, or failing that pass a con-
/ stitutional amendment to destroy them. 1t
! is in the power of the Republican party to
do this; but they won't
Mark Hanna, in a speech in Ohio, told
his hearers not to be afraid of trusts, and
| if they did hurt them he would take care
| of them. How nice of Mark Gaughtero.
1t reminds one of the farmer and The fox.
The latter said to the farmer Now don't
! you waste time but go on with your
ploughing and leave the chicken question
! to me- Cloud laughter) II you could
only get into Marks library you would
find a page in Esop's fables turned down
at that story. That's where Mark got
| the idea from about not being afraid.
| {Renewed laughter) They may say that
there are good and bad trusts, but tell
you that there is no good monopoly in
private hands. Can't / do what l like
with my money!? asks some. say No,
any more than you can do with your club
| or revolver. God made man and limited
him as to existence, but man made the
corporations and raised the limit. God
gave man a soul and after death he must
account, but man made the corporation
without a soul so that it couldn't account
for all its evils. The remedy for this Is
to shut them in one State and issue Fed
eral licenses for them when they do bust
ness outside. Take away that license II
the corporation attempts to monopollze
any branch of business, Some are begin
ming now to see the evils of trusts who
didn't in 1896 Solomon, has a proverb,
"A prudent man foreseeth the evil and
hideth himself, but the simple pass on
and are punished That is too long. I've
redrawn it so that it reads, The wise
man gets an idea in his head, the foolish
| man gets it in the neck If man steals
horse, we set bloodhounds after him.
If he forms a trust, we give him BAN
ouet. The Republican party has amended
the commandment SO that it reads, Thou
shalt not steal on small scale
'"The next questions" continued the
Colonel, 81 wish to discuss are militarism
and imperialism. Now the difference be-.
tween a republic of 100000 and an en-
pire of SO0O0,000 persons was apparently
the difference between a standing army of
25, 600 and one of 100000 men. There are
three defences of our policy in the Philip
pines They are these: Financial or
there's money in it; religious, or Gods in
| it; political, or we're in it. It's philan-
jthropy and per cent.-phhanthropy
dholoroforms the conqueror's conscience,
while 5 per cent picks the conaueror's
pocket. Ive seen Republicans going up
and down the land telling what God
wants., he said moment later IF God
knew them as we'll as do he wouldn'
dare to tell them what he wanted.
(Laughter.) They tell you that we are
going to the Philippines for the good Of
the natives. They don't want us, and
the very next thing they'll be doing will
{be to read to US our own Declaration of
Independence. (Iaughter.) You remem-
her that Christ was tempted on the noun
tain by Satan, who pointing out the king
doms of the world with their glories,
asked the Saviour to worship him and he
would give him all these kingdoms Christ
replied: Get thee behind me, Satan but