The evening times. [volume] (Washington, D.C.) 1895-1902, 1900-10-29

ratios and without regard to the amount
of labor done to secure that wealth. then
the mere intrinsic Vaue OF the dollar is or
very small moment. On the contrary, IL
wealth be distributed In proportion TO the
labor expended In earning it, then the in
trinsic value of the dollar matters not
again, since the who receives fair
wages for his own labor can then always
buy the labor of others at fair rates. Thus
We see that it is the distribution of wealth
and not the value of the dollar that is I'M
portant.
But you argue, we must see that the
debtor does not pay his debts in a depTeci-
ated currency, and we must, for that rea-
son, maintain the parity of the dollar. But
here again you are reckoning without re-
gard TO natural laws.
-Four years ago l had occasion to loan
a certain sum of money on real estate IN
Baltimore county few weeks ago that
loan was repaid. the borrower having ne
gotiated a larger loan with another par
". Today prices are at least 10 per cent
higher than they were four years ago. In
other words the dollar which my debtor
repaid me will buy in the market today
only So cents of what it would have
bought four years ago when l lent 1t to
him. He has paid his debt with dellar
which is worth less than the dollar which
he borrowed But I do not call him dis
tunity here for an argument on the So
cent dollar I will not avail myself of 1t.
my point being merely to show the abso-
lutte futiIity of efforts to maintain the
parity of the dollar on the assumption of
any intrinsic value and even under the
most favorable legislation
From these facts and a close study OF
natural laws and the financial history OF
our country l am forced to the conclusion
that in making the maintenance of the
value of the dollar the great aim OF gov
eminent your organization is engaged IN
that fruitless chase of the will-o'-the-
wisp which has always stood as the syn
onym of futility.
when a Gold Democrat rises before
an audience of workingmen and tells them
that he will cancel an order for millions
of dollars in the products of their labor
| unless they vote as he wishes them to vote
| he is using an argument which would DO
| scorned instead OF applauded by the work
ingmen did they not realize that they are
indeed the slaves of their employers; that
/ hencaforth their diet must be the crumbs
which fall from their masters tables. and
| that they must vote TO load their masters
tables so heavily that more crumbs VIII
necessarily fall. Such an argument. if ef-
! fective sounds the deathknel OF the po-
Iitical independence of the American la
boring man and makes US all tremble for
the future Of our children
! mo. gentlemen, I cannot sign your dec
laration CT principles and thereby declare
that I am going to vote against Mr.. BY
an On the contrary, l am going to vote
for Mr. Bryan, and I will vote for Mr. Bfy-
an not because of any idea of finance which
he may maintain. but because Mr., Bryan
! is the representative of the party which Is
pledged by its history and principles TO the
cause of the masses of the psoDle and be
I cause I believe that in the prosperity OF
the masses lies tha lasting prosperity of
my country