The times. [volume] (Richmond, Va.) 1890-1903, 1900-02-13
THE NEBRASKAORATOR
CRRETEDBYIkMEN
ENTHUSIASTIcAJDIENC
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saaca of silver haa gone down because.
Olsre was 50 much silver. If that Arcu-f
cnent was true. now. that NC nave SO
much gold, IL ought to he easier 20 1nain-:
tain the parity, because there IS 50 much
gold. 81.
But. my friends. when the government
wall AFFORD a market for both god and
silver aa a fixed ratio, then We GIN MAIN
Rain the parTy whether we produce more
gold to-day and more silver tomorrow.
or moro silver to-day and more gold to-
morrow =
TILE CAUSE. STRONGER.
: I believe to-day our cause is stronger,
moi only stronger on the subject of stand
ard money. but the Republicans who
have advocated the gold standard have
stepped out and shown that We were
right in 1886 when We charged them with
a purpose which they dared not admit
the purpose TO retire Sreenbacks.
The government Is TO be driven out OF
the business Of Issuing money and Che.
banks are to be given the right TO form
a sfaper money trust. They. say they
want elastic currency. The banks hold
both ends of the elastic. daughter and
alzrTtause.)
Are you willing to turn the affairs of
your country over TO the national banks
TO determine how much money you silaii
have? DO you know Of anybody so un-
selfish and SO wise as TO be entrusted
with so great power? And yet that is
the present plan. That plan provides that
the national banks shall control the vol
ume of paper money; that national banks
shall make money out of the control; for
a discrimination between the ordinary
man and the banker.
PAPER-MONEY TRUST.
And yet this plan that involves dis,
elimination, the paper-money trust, the
perpetual and increasing debt is to be
forced upon the people without the Deo-
pie having chance TO say anything on
the subject We are 10 have a
big bank with branches when this system
is completed. There will be a great cen
trail bank in New York, and that central
bank will have branches, and that branch
bank will run out every other bank IN
town. and then every man who has
money to deposit will deposit it at the
rate of interest fixed by that one bank.
And thus a few men operating the CEN
trail bank will control all your industries.
all the business and all the politics of
the country. That is what il means.
EFFECT OF TRUSTS.
John T. Mitchell. president of the Illinois
Trust and Savings Bank. gave out an In
terview last summer. which was reported
in the Times-lIerald, of Chicago. and in
that Interview he said that DIN the long
run trusts can do no harm. But what
consolation is that to the short-winded
man? d.aughter) What consolation is it
10 the man who is ruined in business
while this long run is being perform
ed?
/ went through a town in Nebraska
some time ago and heard that a horse
had been stolen. and the owner OF the
horse sent to another town and got blood
hounds. ana the bloodhounds. were put
on tha track of the thief. and in little
while both the horse and the thief were
found. ] thought how different is our
treatment of a man who steals horse
from our treatment Of a man who organ
fzed trust. The horse thief we put in
the penitentiary, and the organizer of
The trust we give banquet.
You say why don't the people pass
law to remedy tfi? Well. we have a law
now. Then sou say, why don't YOU en-
force that law? The answer is. the law
don't quite reach that case.
If you believe that the Republican party
will destroy the trusts l want to remind
you that afr. Hanna secured the passage
OF a platform in Ohio denouncing the
trusts. and then went out and made three
different dcfences of the trusts.
THEIR RAPID GROWTH
The Republican party to-day is in con-
irSol of all the departments of govern
gnent But, my friends, trusts are coming
I'D with more rapidly than ever before,
and nothing is being done We'll, now,
y+lrat can be done? You ask one OF these
defenders of the trusts why Congressional
lerlS!nticn is not resorted to ana ne tens
Won it is a matter for the State 10 def1i
with. Then you ask him why the state
don't delQ with the matter and he tells
,-o7, II is necessary to have Congressional
at.tjon
The State can prevent a monopoly from
organizing in the State.
REMEDY SUGGESTED
But my friends, suppose Congress must
act l am going to suggest remedy,
which does not take from the State any
remedy that it now has. but adds to the
States remedy. The State can shut
MONOPOLY out but it has forty-four other
States in which to do business Now, let
Congress declare that before any corpo-
ration organized in any State shall 90
business outside OF that State it must
receive q license from the Federal sGoF-
crn,neIl4. In rhe FIRST place. squeeze me
water out Of the stock. Provide that
corporation before it does business out
side of its State must show that it has
no water in its stock. know that If You
squeeze the water out Of the stock of the
corpora tons YOU will have flood for
awhile daughtera, but YOU will have hon
est corporations afterwards. But
that is not sufficient. Provide. second,
that a corporation must show that it has
not attempted In the past, and is not at
tempting now, 10 monopolize any branch
of industry in the production of any arti-
Gle of merchandise; and. then. provide
that the license can be revoked whenever
the conditions are violated; and provide
for publicity as to the affairs of the cor
poration.
JEFFERSON. APPT&AEDED.
Thomas jefferson was anxious to over
throw a landed taristooracy, and he was
right. He believed THAT landed ars-
focracy was hostile to the interests of
free ipeorle: and he was right. But, my
friends. landed arlsitocracy would be
an innocent thing compared with an in
dustIial despotfsm that private monopoly
is fastening upon the people Of the United
Staies (aTsplanse)
Gh the Young men OF today! Under
these great nonopoiies it will be q good
itilng for the young man who is the sou
or son-in-iaw OF rhe inoncr'oiist, but
what of the young man who has nothing
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