The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-02-14

II +.
| stating that they were not ready to set
| tie the question just yet They put the
mask back on the Republican party. and
so if that bill passes with the amendment
on it. the Republican party will be just
whero it was in 1896. in favor cf the
gold standard. but pretending TO favor
the double standard by international
agreement Think Of the absurd;ty OF
! the declaration that we want a double
standard. but will keep gold standard
until the financers of the old world help
MS to get 1T. No man would do business
on such 4 plan in this country. Analyze
| the platform if you please. and see what
it means. Our commission went over
! there and Immediately got off that plat
form and got on our platform. The only
argument that had any weight with the
British was the argument that we would
| keep the gold standard unless they help
| ed us, but if they did not help us we
would have the double standard by. our
selves. 4 despatch came to this country
from London, stating that that argu-
mcnt was the only argument that had
any weight with the financiers. II YOU
analyZe that argument y0lI will find l.
means about like this; i'll fact, | am go
ing to make this speech. such as a Re-
publican would have To make if he tried
to carry ont that platform. do not
make Republican speech. but this is
such a speech as Republican would
have to make TO carry out that idea. ana
| make it because no Republican would
dare to state it as clearly rs | am going
to state it. According to that platform
upon which they fought in 1896. and
yx~lli how ffrN-,
nate for ano. her election. man going to
Europe to represent this country and get
lrimealism would say after. calling the
tinanciers together. Gen1lemen. we have
had the gold standard for twenty-three
Years. and we do not like il. We have
tried it and suffered from it. and find
that undel. the gold standard money rises
and property falls. and we know that
while the American people have been SUI
fering from low prices. the owners of
notes, bonds and mortgages have been
protitted by the rising value of dollars.
and these ambassadors would say. won't
you help us restore bi-metalsm; SO YOU
will not make SO much and we will not
lose SO much. and before he has time to
answer, say that while W. are suffering
Il great deal we can suffer Il great deal
more. and if You people prefer to go on
robh;ng us by the gold standard we will
stand it as long as the world lasts. Is
that the way to bring il around: ! do not
believe ii is. | say the only sensible
method of dealing with them is 20 say
Ia them that 20 million people have as
much right to protect tile;r property from
depreciation as Il hand full Df linancerS
have to legislate more valGe into the
notes. bonds and mortgages they hold.
and the American people vii. open the
II nts al the rate Of Is to I. and Ii Won
conspire to max, Silver cheap Instead OF
gold we will punish You by lHy.ng YOU
in metal you yourselves maze cheap. |
now submit it TO any candid man. that
this is more reasonable n:eth0d OF
bringing other nations to hclD us than by
promising to help them If they will not
help us; but sometimes people find it diff
cult TO understand the money question.
do not see how there can be any difficult
~. | think it is so plain that everybody
ought to ite able to see it IL Is 50
plain that ii seems to me t0a- even a
child ought to understand it. a dollar
cannot go up until property Goes down,
and those who want the gold standard,
# they understand what they want.
want a raise in the value of the dollar
| say. il seems TO me that people ought
To understand it. but if they cannot
understand il from logic they ought TO
be able to understand ii from authority,
and whenever | find IL Republican who
does rot want to think for himself then
am prepared to quote to him what
other Republicans have said. 80 that he
will have the right TO understand for
himself Well. | am going to quote an
authority which YOU will have to accept,
/ am going to quote from Mr.. Mckinley.
Mr.. Mckinley made Il speech in Toledo
Ohio, in 1901 IN which he denounced
Grover Clevtland's financial policy He
said Mr. Cleveland was discriminating
against ore of the money metals: he
said he was trying TO make money
,carcer and therefore dearer. How do
sou make money dcarcr? by making If
scarcor. What is the effect of the legis-
iation that makes money scarcer: 1T is
TO make money dearer. That is what
Mr.. Mckinley said in regard 10 Mr.. |
Cleyeland's policy, and he was right, and
then all the Republicans stood up and
shouted, "Hurrah for the man who de |
nounced Cleveland for trying TO make
money scarcer." AId when Mckinley |
was made President he did exactly the |
same thing. and the people shouted, |
'Hnrrah for Mckinley" for following in
The stels of Cleveland. (AppIause). Mr.. |
Mckinley understood the science of
money when he said You can make money |
scarcer and therefore dcarer. He under
stood that ii effected the dollar, when
ii made money the master. and all else |
the servant | was Inundated that Mr. |
Mckinley found out before | did what
Mr.. Cleveland was trying t. do. and the
arIy consolation l had was. that after
did find il out ! did not forget il rs
soon as he did. If Il thing is wrong il
i wrong. no matter who does the thing,
and when Mr.. Cleveland went wrong
the Democrats. the voters of the party,
had the courage To repudiatc his doc
;rinc ard sive the party from the reign
of plutocracy; and where are the Repub
licanS who have the moral courage to
repudiate the same kind Of policy when
followed by their President to save them
from the reign and wrath of plutocracyi
This only shows that the rank and file OF
the Democratic party chose to be de-
feated rather than Cypress the suffering
..lasses Of the country. While the rank