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Bee (Earlington, Ky.)

Bee (Earlington, Ky.) Bee (Earlington, Ky.) 300dpi TIFF G4 page images Bee Publishing Co. Earlington, KY 1896 bee1896090701 These pages may be freely searched and displayed. Permission must be received for subsequent distribution in print or electronically. Bee (Earlington, Ky.) Bee (Earlington, Ky.) Bee Publishing Co. Earlington, KY 1896 $IMLS This electronic text file was created by Optical Character Recognitio n (OCR). No corrections have been made to the OCR-ed text and no editing has be en done to the content of the original document. Encoding has been done through an automated process using the recommendations for Level 1 of the TEI in Librar ies Guidelines. Digital page images are linked to the text file. W1 WJ1P 4 W WV wmvwm t n - rU vvn Wi r SS-- T - L UUSati f V i fct u r i i I SEVENTH YEAR EARLINGTON HOPKINS COUNTY KENTUCKY MONDAY SEPTEMBER 7 1898 NO 36 foul nd hat vol r- - ami EZXTHRJAJ BOURKE COCKRAN t I- lint - jan at work and it generally n creditor for n weoks work a two weoks work Every great Industrial enterprise has tor Us chief creditors Its own laborers The heaviest account In overy department of Industry whatever It may be Is always tbo wages account Vse m First Lien Hero It an abstract which wilt show yon just how the earnings of a great corpora- ¬ tion nro distributed Tho New York Central railroad handlot over yoar obout94S00Q000 Of that sum 10000000 Is paid for Interest on bonds and for rontal of leased railroads 14000 13 000 000 Is 000 Is paid for dlvldonds paid for oqulpmant and repairs and 1 15 1 600 000 paid for wages Tbo railway employees ot tho United States alono draw 1100000000 a year In wagos If tho Now York Central railroad went Into tho hands of o recolvor tomorrow It It becamo totally and hopolctsly bankrupt Us dividends could bo passed and its shareholders could not complain Tbo lntorost on ltt bonds might be In de-¬ fault and tho bondholders would bo without redress but tho wdges of tho laborer would always bo paid for they aro n first lion upon every Industrial enterprise Not my friends becnuso they love tho labor of man but becnuso ho Is absolutely nccosiary to the oxlstenco of tho enterprise Hero wo havo tho figures from tho Unit ed States bureau of statistics showing tho amount ot wages paid every year In tho United States and wo find that It was over 3 203250000 Talk of tbe Interest on the national debt talk of tho principal of tho national debt talk of nny other dobt that exists throughout tho civilized world nnd it forma butnomall percentage ot this dobt which Is duo to labor wherever man works nnd tolls wherever things of valuo aro bolng created whorever means ot transportation nro In activity wherovor the forces ot civilization aro at work A farm is an industrial enterprise The prctcuso that tho farmer ot Nebraska Is tufforlng under tho weight of n mortgago contracted under a metal which has steadily lncrciisod In value is but n Popullstlo metaphor Two thirds of tho farmers I do havo no mortgago debt whatever not bcllovo thcro Is 5 per cont of them owo a mortgago ovor three years old that during which tlmo thcro has bcon no chango In tho valuo ot tho metal but cvory slnglo farmor Is a creditor in tho shape of his own labors Tho Farmer m Mainstay of Order This proposal of tho Populists is an nt tempt to enlist tho farmer in ft conspiracy to reduco tho wages paid this labor that ho may havo a larger proportion of his own products and they ore willing to cut down the wage of every man who works in cities Who tolls nttho bench who digs In ther mines wno manages tno irain in tno hopo that they can rldo into powor on a wavo of cupidity and greed nwakenod In tho breast ot tho voter Dut my friends It is a triumphant vindication of American citizenship that this attempt to enlist tho farming nnd agricul- ¬ tural members of this community into this conspiracy has failed miserably utterly absolutely Every western state which in 1803 and 1603 fell lntotho hands ot tbo Populists or wont into tho Farmers Alliance boforo tholr real purposes wcro ex- ¬ ecuted was purified and tbo Popullstlo forces wcro BcatcredouJ of cxlstcuco when tho farmers of this country understood precisely what tho Populists meant for his wclfaro was really for bis ruin Tho former who whon thlscountry was in danger shouldered his musket to set It asldo when tho last shot had boon fired on ym Muthcry iwttsefljiWj wjeo plsailsp pfevSuted tho political warriors at Washington from pursuing a policy of discrimination nnd punishment In tho southern states that farmer who mado tho policy of tho north n policy of conciliation of forgiveness ot reunion whoso hand It was that mado ruins of her cities nnd ashes of her homes received her once moro and Llvo in peaco and sin no moro said That farmor today is tho mainstay of order and of property ns ho was tho main stay ot tho Union Thero was a Popullstlo delegation from states that were Democratic but It Is n significant faot that ovory northern state In which thcro was a chanco ot electing n Dcmocratlo govornor or of choosing Dom ocratlo electors with tho exoeptlon ot Missouri nnd Indiana stood boldly and firmly for tho gold standard at Chicago nnd thoy wero submcrgod by n wavo ot Populism from tbo south My friends there has bcen a great change In tbo Dcmocratlo organization of tho southorn states Tho mon who from n mtstakon sense of loyalty followed tholr states out of tbe Union whoso gallantry in war whoso fortitude in defeat won tbo admiration ot the civilized world tbo men whoso virtues commanded the support of northern publlo opinion in tho attempt to ovorturn carpetbag governments in tbo southern states tbo tata who led their pooplo through all the troubled period of reconstruction back Into a full union with tbo sister states these men like Hampton In South Carolina and Cattery In Louisiana--havo boen swept from power a new set has got Into tho saddle a set of leaders of which Tillman is tbe taponont who boldly unfurled tho soetlonal flag at Chicago and declares that this Populist move mont fe a direct movement against the prosperity ot tho cast Conspiracy Against the Industrial Masses Men ot New York toilers ot America guardians ot your own homes will you allow your rato of wagos to bo affootod by any man who never has paid wagos at all It ho could get out ot ltf Will you submit to this conspiracy between the professional farmers tho farmors who cultivate the quarrels of tholr nolghbors farmers who labor with tholr Jaws PopulUt agitators ot tho west and tho unreconciled slave holders ot tho south This Is a conspiracy botwoen professional farmers who want to pay low wagos and tho unreconciled slave holder who would llko to pay no wages Horo Is tho real root ot this conspiracy Horo Is tho explanation of this PopulUt movemont Mr Dryan did not create It No man can create n movement llko this The forces that created It aro aotlva and have been working in a thousand different diMr Dryan representing this rections theory it but llko a drop of water on tho ot tho wave moro coniplououa but crest no moro important than the millions ot drops that form Its base The Popullstlo movement Is tho attempt ot these professional farmers of theso mon who aro unwilling to tharo with tbo laborer to ap peal to their greed in support of theirs Ho is nn enemy ot publlo ordor Ho It an obstacle to progress He is a conspirator against tbo peace and proiporlty ot tho in dustrlal masses ot the country CiTtlhuitloa Threatened I havo tald that thalabqrer It the objoot of this conspiracy and ho ts Dut let no nmn Imagine that If they worn tuccossful the Injury would all bo borno by the man Ho would be who works with tils hands tho first to suffer and tho last to rocover ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ANSWERS BRYAN t Speech Delivered at Madison Square Garden New York Tuesday Evening Aug 18 Ladles and Oonttomon Follow Democrats All With tlio inspiring strains o tho na- tlonal song itlll ringing In our oars who can doubt tho tamo of thli campaign That lssuo has boon well stated by your presid ¬ ing officer Stripped no ho say o Ml verbal disguise It It an lssuo of common honesty an lssuo between tho honest dls chargo and tho dishonest repudiation of publlo and prim to obligations It In a question as to Whether tho power of Uila government shall bo uaod to protect honest Industry or to tempt tho cltlscn to dishon esty On this qncttlon honest men cannot differ It It one of moral and of Justloo It Involves tho cxlitoncoof social order It It tho contest for ctvlllMtlon Itself It It bo dlsheartonlng to Democrats and to lor en of frco Institutions to 11 nd an lssuo of this diameter projecting Into a presidential campaign this meeting furnishes tn with nu inspiring truth nf lion tliat Imiio will bo met by tho people A Democratic con vent km may renounce tho Democratic faith but tho Democracy remains faithful Dcmocrutlo to Democratic principles lenders may betray a convention to tho Populists but they cannot seduco tho foot ¬ steps of Democratic voters from tho path A candidate way of honor and of justice bearing tho inaudato of a Dcmocratla con vention may tn this liall open a canvass lowled agnlnst tho foundations of social order but ho beholds tlio Democratic masses confronting him organized for tho defense Fellow Democrat let us not dUgulso from ourwlves tho fact that wo boar In this con tost a serious and grovo and solomn bunion of doty Wo must rolto our hands against tho notnlnco of our party and wo must dolt toprescrvo tho future of that party ttsclf Wo must opposo tho nomlneo of tho Chicago convention and wo know full well that tho sucoom of our opposition will moon our own exclusion from publlo life but wo will bo consoled and gratlflod by tho reflection that it will provo tho6 tho American pooplo cannot bo divided Into parties on a question of atmplo morals or of common honesty Wo would look In vain through tho speech delivered hero ono week ago to And ft tnio statement of tho Indeed I lssuo Involved In this canvass believe It Is doubtful If tho candidate him quite understands tho uaturoot tho faith wlikh bo profanes I tay this not In criticism of hit ability but In Justice to his morality I bcllovo that If ho hlmoclf understood tho inevitable oonsequcnocs of tho doctrines whlcn ho preaches hi own liands would bo tho very first to tonr dovn tho platform on which bo stands A Soil Hot Propitious to Iterolatlon But thcro wot ono statement In that speech which was vory froo from ambiguity pregnant with bopo and oonfldonco to tho lovers of order H profossoii his unques tlounl belief In tho honesty of tho American masses and ho quoted Abraham Lin coln in support of tho faith that was in him Well I do not bollovo that tho faith of Abraham Lincoln was ever mora sig ¬ nificantly Justified than in thoappoaranoo which Sir Bryan prcsontcd upon this plat- ¬ form in tho chango tliat hascomo over tho spirit and tho tono of Popullstlo eloquence tltico tlio Chicago convention Wo all must remember that lurid rlict orlo wldch glowed as fiercely In tho west ¬ ern nklos uh that sunlight which through tho paBtweck foretold tho torrid heat of tho cniralng day and bora upon this platform wo find that sanio rhetoric ns mild as Insipid n tha waters of a stagnant pool Ho is a rondldato who was Bwept into tho nomination by n wavo of popular enthusiasm nwnkonml by appeals to prejudice and greed Ho la n candidate who on his trip homo ncd in tho initial Btopi of his trip eastward declared tliat this was n revolutionary movement who no sooner found himself taco to facowlth tho American feeling thun ho realized that this soil Is not propitious to revolution Tho peoplo of thlt country will not chango tho institutions which hnvo stood tho tests and oxporlonces of n contury for institutions based upon tho fantaitlo dreams or Populist agitators Tho American nation will never oonsont to aubstl tutu for tho republic of Washington of JoUcrson and of Jackson tho republic of nn Altgcld a Tillman or a Dryan Tho power of publlo opinion which caused tho vivid oratory of tho Chicago platform to burn low and soft at tho moonlight outside of this platform which has already shown Its power to control Popullstlo do quonco Will show tho full ox tent of Its wisdom will glvo Abraham Lincolns prophecy its triumphant vindication when It crushestho8oed of Popullstlo socialism poxt November rropotcd Violation of tbe ConUlUtloo Now ray frlonds I liavo wild thcro was one itatcment of great significance In Mr Dryaus speech Then Is another portlou of It which U singularly frco from any ob scurity and tliat may bo comprised within tho two initial paragraphs whero ho talks logically consistently plainly tho lan Whatever chango guage of revolution may liavo como over his nmnnor m a can didate Iiowonxt much tho vohomonco of his oloquoiud may hnvo boon reduced two tilings for which ho stands remain unal tercd f Ou this platform ho dofomlocl tho most xOTclutrohary plank of tho Chicago con tbmUou In siocch loss vohomont but not loss earnest than that tn which ho sup- On this platform ho Pfirtol U Oitoptlon defondeo tho Popullstlo progroramo of overthrowing tho Integrity of tho supremo court If thcro bo any fruit which has grown for the benefit if M mankind out of tho establishment of our republic It has been tho demonstration that It Is possible by the organization of an Independent tribunal to safeguard tho rights of overy cltiren and protect thoso natural prlvllogcs against any tnvusion from whotovor sourco crhoyver powerful might bo tho antag onising elements Tho vory oxlstcuoo of that powor prosup tudonendeut tri poseathocxliteneoqf bunal Yet wo havo this Xopultst oonyen Populist mcasuro wot con tlon because proposing domuod M unoonstltutlonal not to nmond tho eontWtutlon in tho ordi nary way prescribed by tliat Instrument itselfi but proposing to pok tho oourt to worganlnolt ha usod tho langungo of tho platform Itself so that It will prooouues iiMCHMoal whloh tlia JUiosalnrTsM I proposal eoBstltufUw UiUcoidiin ¬ 1 ¬ ¬ Sir Chairman ftf ¬ ¬ H ¬ ¬ ¬ ¬ ¬ ¬ k ¬ ¬ ¬ r of tried to I can take a 110 gotdplcco and Idea of where the laborer will como in or j lawlessness to violate that sacred pact be¬ 1 din dofy nil tho power of all tho govern rathor of whoro bo will go out Thcro is tween tho states on which tho security of mout of this earth to tike B cents of valuo ono paragraph In his speech which wheth I thU nation rests to profuno tho temple from It Having ourccd It ty tho sweat er it wits the result of an unconscious rreoted for Its protection by tho habds of j of my Lrow having aircod it by tho oxer- - stumbling Into candor or vhothcr It was fatso priests who though sworn to defend or my brain liuving earned it by ttw a contribution made In tho stress of logical I exchange of my commcdltles I cm go to discussion I am utterly unnnlo to say will bo appointed to ilnstmy It In tho tlmo to which I must oonfltto my- - the uttermost ends of tho earth and Dut it shakes a flood of light upon tho mt tonight I ran do nothing hut examlno whorovor I present It Us valuo will l tin wholo purpose underlying this Populist tli it ono question whloh Jlr Uryon him- - questioned and unchallenged Tliat gold agitation Wage earners Mr Dryan says sea lociaras 10 iw 1110 oversnauowing issue dollar this meeting tho Democratic party know that whllo a gold standard raises tho o this campaign am a llttlo pntzlod tho honest masses of this country without purchasing power of tho dollar it also I whcnIroad this spcoh4odocldo Justwhat distinction of pcrty divisions demand makd It mere difficult to Obtain possession ilr Hryan himself lmaglnos will bo tho shall bo pilil to tho laborer when he earns of tho dollar Thoy know that employ fruit of o chango In tho standard of valuo It and that no power on earth shall cheat ment Is loss permanent loss of work mora throughout this country I do not bcllovo Win of tho sweat of his brow probable and re employment less certain thit any man can follow wholly with tho If that means anything It means that n Mans lbor Creates Wealth tpocch booauso If ho dltsonts from ono sot Now let us see how Mr Dryan proposes cheap dollar would glvo him more omploy of conclusions ho has pot to road but a few to deal with this quostlon I havo looked mont more frequent employment mora paragraphs and ho will find another of a through his speech to find out justwhat h6 work and a chanco to got ro employmont different variety Dut I assume that it Is thinks ho Is going to do for tho laboring after ho was discharged Well now If fair in a discussion of this character lndo man and I find that hodlsrolssos him with that moant anything tn tho world to a sano pendontly of what Mr Dryan may say or n very fow and somo very unsatisfactory man It meant tliat if the laborer It willing what Mr Bryan may think himself bo phrase Dut it Is perfoctly clear that the to havo hit wagos cut down he Will get stands for to oxaralno tho inovltablo eco- purpose of tho Populist it to put up the more work nomic offocts of a debasement of tho coinMr Dry High Wages and Prosperity Go Together prices of certain commodities age of a chango in tho standard by which ¬ Thero ans language is that ho Is going to imexisting debts aro to bo measured In a baser prove tho condition of tho pooplo of this lishment never was tho boss of nn estab yet that moant to mako a cut In moAsuro of value country not of all of them but of tho wages that did not say that I havo nqver A Test of Prosperity Well now I dont sup greatest number yot heard of anybody who nt tempted to cut Now I will Iioaglno that Mr Dryan poso Mr Dryan protends to any miracudown the rate of wages telling his men himself may bollnvo tliat In somo way or lous power I dont supposo ho claims ho that ho did it because ho llxod to do It othor ho Is going to Iwnoflt tho tailors of can multiply tho number of chairs upon Thoy would toll tholr men If you do not this country Ho says ho is hut 1 o de ¬ this platform or upon this floor although stand such a cut In wagos I cannot cm clines to show us how For my part I am ho lias shown his capacity to ompty thorn ploy you moro than half tho time Willing to state hero that If Mr Dryan And that is what Mr Dryan proporos If ho Is going to work any chango In tho could than mo that by any moans known conditions o mod haiuust Increase tho for the laboring masses of this community to haaven or known on onrth any meant material possessions of somo part of tho that they tako n dollar of loss purchasing rovonled to tho romprohonslon of man community Now if ho got possession of power so that employment will bocotro wages could bo Increased I will bo ready tho government tomorrow ho could not moro certain and tho chanco of to support him hero and now I do not create ono stnglo thing of valuo by any ox moro frequent It It wcro true that ruako this statement through any pre erclso of governmental power In tho world a reduction In tho rate of wages would lntense of special affection for tho man who crcaso tho chanco of employment I would Money and Property Not Identical works with his hands Such n protenso Nothing Is mora common than tho mis not blame Mr Drynn for telling tho truth In tho heat of n presidential ennvasj mada because howovcr unpalntnblo tho truth Idenwould merely Insult and discredit tho in take tliat money and property nro may bo I conceive It the duty of any mrn tclllgonco towhlch It lsaddroiMcd I repeat tical They aro not A redundancy of who attempts to address his fellow citizens provo any prosperity does that I would support any moasuro calcu- ¬ money may Ihj not vcrylargo volumo of cir- ¬ nover to nhrlnk from n statement of tho a lated to incrmsa tho roto of wages becauso Thcro wholo truth whatever may bo tho conso very I know of no teat of ptwperlty absolutely culating medium and moneygreat poverty quencos to himself simply Is no Tho lssuo of paper Infalllblo except tho rata of wages paid to Dut as a matter of fact n diminution laborers Whero tho rata of wages is high nioro an lucrenso of wealth tlian the lssuo In tho rata of wages docs not increase tho by nn Individual of his rromlssory note soopo of thcro must bo prosperity Whero tho rate employment If this audience has of wages Is low thcro must nocosaarlly be would show an lncrcaro of his property dono mo tho honor to follow mo wllto I As matter of fact an lncrcaso In the coin explained distress tho prlnclplo on which wages If tlien Mr Dryan can show mo that ago Is no proof of an lncrcaso in property were fixed it must bo clear that tho mcro by tlio enforcement of any portion of his but may bo n strong proof of a docrcaso in abundant tho product tho higher tho progmmmo wngeswlll bo Increased In tills wculth wages Thero cannot bo an abundant prodTho volumo of money plaxs but n small uct unless labor Is extensively employed country I will not only support him but part oven In tho ordinary transactions of I will rocognlzo him as tho wisest orator Ufa It It not tho volumo of monoy but You cannot havo high wages unless that over oponod his mouth on n platform thcro ts an production tn overy If a department extensive slnoo tho beginning of tho world I will tho activity of money tliat counts of Industry is why I person wants to sec just how a dollar claim that tho wages aroand that solo test bo ready to confess that tho rhetoric which tho ono works in tho ordinary exchanges in what of a countrys condition that high wagos I do not now understand is rmlly tho lan guage of Inspiration I would regard his might la called a rotall business bo has moan abundant protection nnd abundance administration of tlio presidency as tho but to tako a dollar out of his pocket and necessarily means prosperity kindling of a groat light before tho foot ¬ go out into tho street and buy somo fruit Yariner Tempted to War on Labor Now tho fruit dealor Would tako that dol steps of man showing him ft broad path Mr Dryan on tho other hand would way to endless happiness and measureless Jarandbu7 somo vegetables Tho green you is ad prosperity Dut in searching through his grocer with tho somo dollar couWhuy have by bcllovo thattprospoijty wages cheapening tho rate of Tno dealer in neciaica wiin uio vanccd speech in reading through tho wholo reams neckties the fall In tho rate ot wages always of Popullstlo literature with which this saruo dollar could buy moat and so on but and country has been floodod for four years I That ono coin posslpg from hand to hand comes from a narrow production llttlo narrow production means thcro is 20 worth of commodities havo never yet found ono syllable which might circulate demand for labor in tho marmot When showed mo how a Populist expected to In in tho eourso of a single day That ono after tho panlo of 1878 tho prlco of ladollar circulating 20 worth of commodi croaso the rate of wages bor fell to 00 cents a day it was hard Now In order to understand tho sig ties makes more business and more trado er to obtain labor than when tho rate nificance of tho remark that wages It tho than two dollars could mako if they cir of labor was t3 nnd the difference between only test of prosperity wo havo but to con- culated Jwtwcen them only 110 worth of tho Populist who seeks to cnt down tho I sider for a moment Just what Is moant by commodities Monoy never can circulate freely and oc rate of wages and tho Democrat who tho term wages Wages as I supposo ev ¬ seeks to protect it Is that the Democrat erybody horo understands Is that part of tlvoly unless thcro bo absolute confidence bellovos that high wages and prosperity product which Is given to in its value u a man uoudw wncincr mo aro synonymous tho laborers Populist wants himself In compensation for his tolL If money In his pocket will bo as valuablo to to cut tho rate of and tho in order that ho wages morrow ns It Is today ho will decllno to for instance I bo cngagodin tho manumay tempt tho farmer to mako war upon facture of chairs and if I can ruako flvo exchango his commodity against It and his own worklngmon chairs every day worth 120 and tho rata this Populist agitation threatening the in Well day what I actually tegrity of money has boen tho causo of tho Dryan but tho Populist tolls us and Mr of my wages Is leads tho van that isthocrcdltor get la ono chair out of tho flvo which I hard times through which this country Is that ho ts after that theIt creditor Is tho make Tho other four chairs tho other passing and from which It will not cscapo person whoso debt ho wants to cnt down four fifths of my product aro devoted to until the heel of popular condemnation is And Mr Dryan makes an clatxJrnfoofgn tho payment of all tho othor labor that has placed upon tho PopulUt agltathjnwblch rncnt toBlippthatwhcnhls systemof coin been oxpcndod In preparing tho elements undermines tho foundation rf credit ngosTiall iiavoTJoen completed his stand out of which tho chair was made To tin DmI of Trade Is Sound Money ard of valuo shall liavo boon changed thon man who felled tho trco In tho forest tho If then Mr Dryan is going to enrich person who sawed It in tho mill tho car ¬ somebody tho thing which ho moans to tho dobtor will havo an option as to which metal ho will pay his debt In that Is to rier who transported It tho workman who bestow on him ho must tako from someprepared its component parts nnd tho pro body else Who is to bo despoiled and who say ho shall bo pormltted by tho law to lit on tho capital which bo t nil this labor in is to bo enriched by tho exercise of this commit an act ct dishonesty Part of Money In Measuring Debts motion now scheme of government It is plain howovcr tliat I could not In order that you should understand My friends tho silver ihlno owner will tnko one chulr homo with mo nt night nnd get cheated with just how n chango In tbe standard of valuo attempt to sottlo my bills with It for tho ullst has his wnytho rest If over thoPop enables men to cheat tholr creditors you nobody will bo benefitmoment I undertook todlvldo tho cluilr ed not ovon Mr Dryan I vonturo to havo to consider tho function which money among my creditors tliat momont It would say hero now that If tho facewill Provldenco plays in measuring debts If I had paid of lose Its valuo So Instead of taking tho should bo nvcrted from this land and such 110 for ton yards ot cloth to be delivered chair which I cannot divide I tnko Its a calamity ns Mr Dryans election wcro to mo next week nnd in tho interim tho equivalent In money which I bun dlvldo permitted by It tho man who would suffer government should pass a law declaring Dut my wnges all tho time aro fixed by tho most by tliat ovent would bo tho falso that hereafter tho yard mcasuro should quantity of my own products prophet who having torn down tho tern consist ot 18 inches and that nil existing If instead of flvo cfcalrs I were nblo to plo of credit and of industry would bo contracts should bo settled in that system mako ton from It and tho rate of my com torn to pieces by an out i aged publlo whoso ot moasuro I would bo cheated out ot half pensation remained tho miiio I would ob- prosperity ho had rulnod Lot us follow ot tho cloth for which I had paid If on tain for my wages two chairs or 8 n day this argument a llttlo Let us soo what ho tho other hand I owed a cloth merchant Dut instead of thcro being four chairs or moans to do according to his own lights for ten yards ot cloth which ho had deliv f 10 available for tho payment of othor Wo soo that ho cant enrich ono man ered to mo and which was payable next labor there would bo eight chairs nt 39 without impoverishing another Govern- week and in tho meantime tho govern and thug tho larger my wagos tho larger ment nover can bo genorous booauso if it ment would chango tho standard ot value my product tho greater the prosperity in bo generous to ono it must bo opprosslvoo and cut down tho unit of ooinago ono half tho chair mnklng Industry another Mr Dryan does not pretend that then I would sottlo that debt for t5 and Now applying that prlnclplo to ovory by any power given him from heaven ho the cloth merchant would havo been cheat othor department nf trade wo can seo that can find anything on tho surface of this ed tlio man who works on n tunnel cannot earth that has not got an owner and thereTliat Is Just what this moasuro proposes take it port of tho tunnel homo with htm fore ho cant honestly bestow it upon a to do and tho Important quostlon that wago pavos the favorite tho man who tot hit arises to tho workman ot this country is street cannot tako a part of tho highway Dut his financial scheino contemplates just who ore tho creditors and who aro tho with him but each ono takes tho money on lncrcaso in tho prleoof certain com- debtors in this land Now tho Populist equivalent of that port of tho product modities I do not think that anything lovos to say that tho creditor Is n person which it tho result of his dally toll and Mr Hryan can do with reference to gold whoopprcssoJthowestcrnfarmcr Ho loves tho laborer it tho roan who has tho most will ever affect to paint him ns loud ot dross coarse of it vital interest in tho character of tbomonoy feature gaudy of ornament and with a A Cnttlns Dona of Waxes Which it paid to him cruel expression on his face Ho loves to Dut my frlonds wo aro coming now doclaro that tho money lender and the Somo of Mr Bryans Contradictions Now when wtt como to flnll out Just how pretty close to tho wood pilo behind which creditor nro always synonymous expres Mr Dryan expects to Increase tho wages of tho African is concealed Mr Dryab pro sions but as a matter ot fact tho creditors of this country nro not tho bankers they labor wo find ourselves lost in n mazo of poses to lncrcaso tho prlco of commodities nnd contradiction and In a liaza of obscure ox If ho moant anything ho jneans tliat any aro not tho so caUod Iscapitalists Thoy aro tho laborers and It at tho oxponso of la- ¬ prosslons No man can tell how or where I am not quite sure that ho moans bor that this chango Is mada or when tho wages of tho worklngman aro thing Now if ovorythlng In this world or in The llenker a Debtor tho Laborer a to bo Increased but any ono who examlnos country Including labor bo Increased Creditor tho Bchcnio can seo that tho Inovltablo tend this ency tho Inovltablo consoquouco of a do In valuo tomorrow In llko proportion not I remember In a discussion in tho houso bo affected at all If that basement In tho standard of value must ono of us would scheme ho would nover ot representatives I was advancing tho bankor In tho nature bo n reduction In tho rate of wages nnd was Mr Dryans to glvo him proposition tliat a that Is tho conspiracy In which thu lopu luno n Populist nomination community of things was n dobtor and I was Inter Importance In tho eyes of this rupted by Mr Dryan who put to mo a list U engaged wore all ho would Now Mr Dryan tolls us that ho wants If thatsupporting tliat andmeant ho not be question whloh contains exactly tho same It not Ixi I would statement as that which ho mado hero In to cheapen tho dollar that ho wants to In- taking tho troublo to opposo It his speech n week ago Ho asked mo I crease tho volumo of monoy I do not bo It everything In tho world bo Increased would llko to nsk tho gentleman whether llovo that any man who over lived could 10 per cent In valuo why wo would pay 10 quite uudorstand n Populists notion of per cent in addition fur what wo would it is not truo that overy solvent bank has what monoy Is further than that ho bo buy and got 10 per cent more for what wo for ovory dollar that It owes either somebodys note or tho monoy in tho vault and lloyos it is a doslrablo thing to get and wo would bo exactly In tho would soil that ho is not very particular about tho same plaoo andoccupied before Therefore its own capital besides wo Now ray answer to tliat I can glvo hero moans by which ho can got lilt hands on It Is fair to nisumo that Is not tho lamo and It Nothing Is mora common in PopulUt Impotent conclusion which this Populist Tho loans and resources ot n sol von t bank oratory than tlu statement tliat tho volumo revolution contemplates What then It ltf taken together must oxcood Its liabilities The oxcuet represents the capital mid prof of mouoy must bo Increased for tho bonoftt It Is on tncrooso in tho prlco of com of tho pooplo which meant that part of modities and allowing of labor to shift for it Dut as between their dobts and tholr manages and ad credits nil banks aro debtors which my tho popple that runt and Itself If tho price of commodities bo in ¬ friends will 1m apparent to you In a mo dresses Populist moetlngs tho prlco of labor bo left sta- mont It you consider that a bank must creased and I remember that In ono of tho speeches tionary why that meant a cutting down which Mr Dryan dollyercd on his way cast of tho rate of wages If Instead of a dol koep S3 per cent of Its deposits In reserve ho declared that any man who objected to lar which consists of a given quautlty of that the very buslnous of banking is the too much monoy ought to vote tho other gold equal to 100 cents anywhere In tho business of being In debt It is tho buslnou ticket Now my friends I will ask you world with tho purchasing power of 100 of dealing with other peoples monoy and tn tnilnhro i no for a moment whllo I state cents tho laborer It to bo paid in dollars of courso tho monoy that it deals with is to you licro tho only conception that an worth 60 cents each why ho can only buy tho monoy that It owos to Its depositors Dut tho laborer Is always n creditor for honest mail can form of ra6noy In oraor half ns much with a days wages at ho at least ono days work Wheu nny man that In discussing this thing lioronrtor wo buyt now can thow me a laborer who has been paid will bo abl to understand tho ooonomlq A Test Question for Mr Bryan tn ndvanoo for a days work I will enow oxpreaslouK which tho Populist usos far If tho valuo of this Populist schemo thon him a laborer who it a debtor Dut overy of man and for tho confusion tho dolusl Is to bo tested lot the laboring men of this laborer that I havo over known in my ex of his judgment TholvuTs of sound triulo is sound monoy country ask Mr Dryan nnd his Populist perience every laborer of whom I have J Irlopdi n ilniplu common everyday quos ever heard In my examination of tho con Money vf hloh is intrinsically valuable Whoro do I como lu ditions of men inmt by tho very lny of his iDOnoyftriucli IW tno gam ooinago oi uus lion btlng bo a creditor for at least onodttyt Mr Urpu htmbolt hai a glimmering oquntrX government cannot Affect if it of law Instrument ¬ to tnnty tho courts Ij fioro Its offsets Bat tho shock toelvUJ ration which would ensuo from suoh breach of publlo and r private faith would be irroparabla Its effect no man could mcasuro from nny experience ot tho human race Wo cannot toll to what degree It I should say It was Industrial1 ro opcrntlon Everything that a man doss fur his own benefit acts directly upon tho Interests ot No man can stand alono his neighbors His Interests In a olvlllzod community his prospects his misfortunes aro to somo txtent shared by all his follows Thcro Is not an ear of corn ripening In a western field that doos not affect tlio prlco of broad to you and mo Tho farmer who scatters teed upon tbo ground by that act starts In motion tbo wheels ot tho faotory ho sharpens tho tools of tho carpenter ho stimulates tho construction ot railroads be causes tho onglnoors to plan now bridges crossing currents now tunnols undor riven now canals joining oceans and sepa rating continents It the farmer did not work it tho miner did not dig in tho subterranean gallery every other department of Industry would languish for men would not produce and create it they did not seo In tho industry and nctlvlty of others n prospect ot a do mand for the commodity which thoy produce and so ovory man In tho world is bound closely to tho destiny and Interests of his fellow man Underlying Tronbte With Popnllsts Undorlyingttho wholo sohomo of civilization It the oonfldonco men havo in each othor oonfldonco In tholr honesty confi dence In tholr Integrity oonfldonco In tholr Industry confidence in tholr future If wo wout to a sllvor colnago tomorrow If wo even debased our staudard of valuo mon say that still you would have the gamo proporty you havo today you would still havo tho samo soil you would still havo tho same oontlnont And it Is trua Now tho underlying troublo with all Populists Is that they havo a fundamental misconception of tho principles on whloh civilized socloty Is constructed All through Mr Dryans speech all through Mr Tillmans utterances In tho convention wherever you find Populists assem- ¬ bled you will find dlsousslons proceeding upon tho theory that men aro hostllo to each othor in their lntorosts that tho condition of life is ono ot contest I moroly desire to call tho attention of this gathering to tho character ot that speech to the underlying spirit that per ¬ vades it and then to nsk tho worklngman of this country to ask tho citizens ot this nation If the government should be trust- ¬ ed to tho hands of men whoso conception of civilized society It ono of warfaro and of strife The Whole Nation Will Iteslst We bcllovo thatthovery cssonco of elvi- Uzatlon is mutual interest mutual forbearance mutual co operation Wo believe the world has got past tbo time when mens hands aro at each others throats Wo bollovo today that men stand shoulder to shoulder working together for a com mon purposo beneficial to all and we bollovo that this attempt to assail wagos which moans an attempt to ottaok tho prosperity of all will be resisted not by a class but by tho wholo nation What labor has gained that It shall keep Tho rate of wages that is paid to it today la tho lowest rato wo will ovor will ingly accept Wo hwk forward to a further and n fur t nor increase Ya tho prosperity of worklngmon not moroly by an lncroaso In tho dally wago but by further lncrcaso ju tho purchasing power of wages Mon who tell us that tho prices of farm products ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ jVu iTO wduhrparalj zbindustry If I wcro nsked to deflno civilization ftfl OUg ¬ fee rlTc the iioic h 111 pin ¬ ¬ ¬ cpr ¬ ¬ jfti wl fate earl liyl h c he s J ¬ mi ¬ JJon ivhii Si SSSl ¬ V ¬ Spii mo jyea I fa If is tan ¬ him Jin a br otti ¬ ¬ hty I e bt a tier ¬ ¬ ¬ ¬ cas y B mp tibo ¬ n U ech isig and e tr essi illic Uni Yiaki as ¬ ¬ tin ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ J ¬ ¬ whllo tlio reason is rt iufJertr prgat prlco ot wages has rlson 5Q th9 fafm tho efficiency of labor has Inorcased that tho has benn redncjd cost of production through tho aid of machinery whllo tho wages of tho individual laborer may havo risen Whllo wages romatn nt their present rate I hopo thero will bo a further and further docrcaso In tho cost ot living There Is no way In which I cad bo admitted to n share of Gods bounty oxoopt through n fall In tho prlcos ot tho iiooonsarles ot Ufa Whllo wo havo In exlstonco a society of mutual co oporatlon which is but another name for civilized socloty nil mon nro admitted to a sharo in overy bounty whloh Providence showers upon tho earth The dweller In the tenement house stooping over his bench who nover sees it field of waving corn who has nover In haled tho porfunio of grasses and of flowers Is yet mado tho participator In all tho bounties of Provldonoo In tho fructifying Influonco ot tho atmosphere In tho ripening rays of tho snn when the product of the soil Is mado ohoapcr to him every day by tho nbundnnco of tho harvest It h from his sharo In this bounty that tho Populists wants to exclude tho American worklngman Labor Mutt Not Be Scourged To him we Hy In thu namo ot humanity in tho namo ot progress You shall neither press a crown of thorns upon the brow of labor nor plaoo a soourgo upon his back You shall not rob him of any ono advantago which ho has gained by long years ot study of progress in tho skill of his craft and by tho careful organization of tho members who work with him at the You shall not olisuuro the same bench goldon prospect of n further Improvement In his condition by a further cheapening of tho cost of living nswoll ns by n further appreciation of tho dollar which Is paid to htm Thcro can bo no distress thoro can he no hard times whllo labor li well pnld Thu man who raises his hand against the progress ot tho worklngtiinu arulses hli Ho soeks to relinnd ngalnst prosperity strict tho volumo ot prcduotlou Ha Bocks to degrade tho condition of thu man who Is steadily improving hlmsoK nnd In his own Improvement Is accomplishing tho Improvement of all mankind Dut this attempt will fall I do not rogrot this campaign lam glad this lssuo has ariton The tlmo has como when tho pooplo of this country will show They tbelr capaolty for self government will provo that tbo mon who havo led tho world In tho pathway of progrosswlll bo the jealous guardians of liberty and of or-¬ der They aro not to boteduoed by appeals to tbelr cupidity or moved by throats ot Injury They will forever jeulously guard and trim the lamp ot onllgbtenment of progress They will over rolantlcssly press and crush under tholr heels tho laming torch of Populist discontent Populist agitation and Populist destruction Whon this tldo ot anarchy shall havo re ceded this tldo ot PopulUt agitation this assault upon common honesty and upon Industry shall havo abated forever thu foundations of this republlo will remain This government will still undisturbed shelter a peoplo tndttsoluhly wodded to liberty and order Jealously forbidding any distinction of burden or of privilege con serving proporty maintaining morality testing forever upon tho broad basis ot Amorlciu patriotism and American Intel Ilironca ¬ ¬ ¬ ¬ to Moo ti tyALUiS lmvr byl lec po- ¬ t i ny slit iian conv I in N A A ati FOI Oi i m De jVJBl jsi f 1LS 1 etest I p PI VRT1 IPTI I IENTI Sllll iiipoui itent hun JS A HfifT T - r jww 4h X -- ii in ii w ir k i tfi vA j v iJr So y -- Apr v 4 n v v - i if r jS H MBferiyBBBB 4 ii sawS Vary JpJaJA vI iSh rVf sS BBtPptflWBPWSfc fA r VV i ijll l H H HB 1 a - vl ill e i SEVENTH YEAR EARLINGTON HOPKINS COUNTY KENTUCKY MONDAY SEPTEMBER 7 1896 0 P have fires I ts no Vcepj busla Tlii poind izurkt profit fie shift J conln natun miner dealei T spot K over Thog nearlj incrcl can in S J da jm 3 ar so r or W- icl - I a it IS r i n h 4jkkNX a A i 1 provided for tho payment in coin on de havo such n hoard in the trwwwy mand ot all United States botes presented which wo hold with difficulty nt por with for redoniptlon All forms ot monoy gold Tha only object nnd effect of this whether of silver or gild or paper woro measure will bo to degmdo the dollar to then maintained at par with each other lessen Its purchasing power nearly ono half and havo been so maintained over slnco to ennblo debtors to pay their debts nt 68 During nil this period gold and silver coins cents for a doUor ond to cheat tho publlo silver to 1 ot gold by reducing tho numot par with each other Imvo boon tho stand creditors who hold our bonds If this polber ot grains in tho gold coin As sliver ords ot vnluo ot all loans contracts or pur- ¬ icy should bo adopted tho United States was thus slightly undervalued it was not chases and tho faith of tho United States will tako Its place among tho nations ot largely coined was pledged for tholr maintenance at parity tho earth as o bankrupt closing Its busi ¬ Gold Itaels Etabllabed with each other Although sllvor bullion ness ot 63 cents on tho dollar declined in market vnluo tho coins mndo Repudiation Considered Silver could bo coined In Franco at tho from it hnvo been kept at par with gold ratio ot lfK to 1 and tho owner ot Silver There is nnothcr element of meanness in coins at tlw legal ratio ot 10 to 1 bullion could send it to Franco and hnvo it this froo colnago of silver Tho United Rut it tho froo colnngo of silver in au State bos always paid its bonds in gold converted into coin athat ratio thus ro thorized then tho mnrkot vnluo of silver coin or Its equivalent SILVER FALLACIES EXPOSED coivlug about B per cent rnoro for his bulIn tho darkest bulUon becomea tho standard for payments hours of tho civil war wo stipulated to pay lion than if coined at ihoAmorican ratio on oil contracts inodo in tha past present our bonds principal and interest In gold Gold becdmo tho only Ameri ot 10 JjinrttP irVfiyfior tho future 413K groins of standard sil- ¬ or its equivalent All of tho war debt has can coin in circulation and tho nvowod ver bullion worth now 63 ccntA can with been paid In this way A portion ot It was purpose ot thq passage of tho law of 1834Brier Review of Coinage Legis free colnago bo coined Into n dollar upon paid by tho salo of bonds bearing a lower was to make gold tho standard This was tha demand ot any holder ot such bullion declared by fhowcoramlttoo of tho housoof lation In the United States rate of Interest bat wo exacted from the This dollar Is delivered to tho Owner of tho purchasers ot theso bonds gold coin or Its representative Who hod chorgoot tho bill bullion ond Is not supported by the flat ot equivalent even whllo our notes woro bo Who said lntholf report tho government The govornmont does low par in coin About 847000000 of Tho commlttoo think that tho desider ¬ not undortnko to maintain its relntlvo vnlTIIB BE8ULT3 OF IEEE OILVEB atum in tho monetary system is a standard these securities are now outstanding of uo with gold The government stamps It ot uniform vnluo They cannot ascertain which 202000000 was sold by this od This is a dollar Its purchasing power ministration and paid for In gold coin It - metals havo over circulated that bothis 63 cents but its dobtpaylng power Is IV is ono of tho objects of thoso who advocate simultaneously concurrently and IndisThe Foremott Tlnandal Anthorltr of the criminately in any country whore there aro It is to bo n legal tender for 1 of debt but tne ireo coinage ot silver to lorco too gov ¬ In tho purchnso of any nrtlclo it Is only ernment to pay thoso bonds in sliver coin monoy dealers and they enterNation Tell How Frc Colneje Would banks or worth 63 cents for tho seller of tho nrtlclo reduced In value tain tho conviction that tho nearest ap- ¬ It Is harsh to express Unecltle the DntlneM WerldWorkln2 can fix his prlco according to the kind of this opinion of n tneaiuro favored by many proach to an Invariable standard Is its monoy offcrrd It Is tho dnctrino of the good peoplo but I cannot regard It In ony men Would Batter fillrer Monometal establishment in one metnl which metal Populist nud anarchist but Is in direct op¬ other light tliAn ns both a fraud and a roblUm Threteul IncoDiUteoelee of the shall coraposo exclusively tho currency for position to tho traditional policy ot Thom largo payments bery ond nil tho worso If committed by a Silver Senfctora An Able and Interest ¬ as Jefferson Andmw Jackson nnd the groat rich ond freo peoplo A ctlzcn who This law hoartllv nnnmrr hv Andrnw Democratic party ing Arsoment should commit such an offense would bo Jackson would now bo called tho crlmo What Creditor Would Do punished by tbo courts or denounced ns 9f 1834 In 1883 upon tho report of Son- Tho Republican campaign in Ohio vrns otor Hunter when Plorco was president When wo contemplate tho great amount dishonest but n nation llko ours Is beyond opened nt Columbua Aug 15 with n meet- and when all branches of tho govornmont ot debt nnd credit that U unavoidable tho power of any tribunal but conscience in n vast but now country llko ours nnd God ing attended by 10000 persons Governor were under Domocratlo control congress wo naturally shrink from nny measure Asa Dnshncll presided and spcoclics wcro reduced the quantity of silver In tho frnc- Now fellow citizens I havo said nil I that will either rolA tho lender or do deslro to say at present on tho freo colnago raado by Senator Sherman Senator Elect tlonal coins half dimes dimes quarters Injustice to tho borrower It Is lnipo and half dollars more than 0 per cent dl- of sllvor I have tho confldont hopo that Forokcr and General Stewart I Woodford ofdobts slblo tp estimate the wrong nnd Injusrectcd tho purchase of tho silver for tholr tho great body of tho Republican nnd Dom ¬ sof New York Following is tlio full text colnago on government account abolished This declaration mado by congress nnd tice that will bo dono to creditors by tho ocratlo parties representing tho conservaTyt Senator Shermans address approved by tho president at a tlmo when scaling of rittirly one halt of debts duo tive elements of our people wjll stamp tho law for their froo colnago and made W tho public mind was centered upon tho them Tho very threat to do It will lead tholr rcbuko upon this measure of infamy iln CllAinMAN AND FKLtOW CITIZENS them n legal tender for f 5 only leaving A citizen of Ohio lias been selected by tho gold still practically tho only full legal silver question is a wlso Statement of to tho prompt nnd liarsh collection of debts nnd thus preserve Intact tha honor tio Hcpubllcan national convention as Its tender United States coin At this tlmo public tullcy tint ought to bo acted upon beforo freo colnago can become a law I credit and glory of our great country This candldato for- president of tho United tho silver dollar bad disappeared from tho without regard to party divisions This nm advised that already debts that would matter of tho freo colnago of silver nnd tho States nnd wo nro hero to ratify and sup current coins of tho United States and was bill Kissed a house ot representatives fresh havo remained uncalled for liavo in fear degradation of tbo standards ot valuo In- ¬ port his nomination Wo tako prldo In practically and purposely demonetized from tho peoplo by tho vote of 230 yens to of such n law liccn enforced It Is certain volves not only questions of money but ot 118 nays and the sunato by tho voto of 43 that before a free colnago bill can become Wllllom McKlnley not only for tho honor Tho purpose ot this net is thus stated by honor and good honor When conferred upon Ohio by tho convention yeas against 83 nays This act was not a n law tho wldo distrust caused by the pend is Involved tlio faith never their to re tho chairman of tho committee having tho peoplo fall party voto bntlt Is I believe tho expres ¬ ing of such n moasuro will Uwl to tho rapid spond Tlioy havo compiled with every but because wo know blm to bo fitted for bill in chargo in tho houso of representa ¬ that great office Wo know that since hU tives sion ot opinion of a majority of tho two collection of dobts tho sacrifice of property promiso and paid every debt contracted boyhood his llfo has boon puro nnd stain- great parties of tho country and deepen existing financial difficulties slnco tho organization of tho national gov Wo propose so for as those coins aro less that as a soldier In tho Union army concerned to mako silver subservient to i And here fellow citizens wo ought to growing ont of insufficient revchucs for ernment as bocamo duo They havo paid it ho wos bravo and loyal that as a member stand I appeal to Democrats nnd Rcpub- - tho national ns well ns tor many state gov ¬ four fifths ot the debts contracted during country Wo Intend to tho gold com of of congress for many yearn ho exhibited tho do what the best tbo That Is tho upshot of thowholo thine UcAns alike Wo are all interested in hav ernments writers on political econ ¬ Uipclvy war ind tho prospect was hopehighest mental traits and rondcrca great omy ing a sound and stablo currency It is sometimes said of creditors that ful that all of li would Im paid Wore tho approved what experience Everybody has to say that tho laboring upon gold and silver We cannot founded services to his country and that as govern ¬ where havo experiment has been tried has man was entitled to n good dollar by law they ore bloodthirsty Shylocks aristocrats That tho closo of this century but this reversing or of Ohio ho proved his capacity to per demonstrated to bo tho was fought over They will fight it over fix tbo valuo of oltlier metal or coin or of bloodsuckers extortioners It may bo that of- - vnlao hns llko tho fire and what form difficult oxccutlvo duties And he has commlttoo believes to best necessary tho again and tho samo party will win There any ot the articles that ontcr into the thord oonmong money lenders emtio ncn our standards be and storilodihil alarmed our tho higher n upon us that during all proper to mnko wants ot Ufa dpi thets but tho grant poopfc IxjC who merit these but ono standard ot cur¬ have been a groat many1 buttles fought ussettlolt by following tha una ooon a laitniut ana rency and to mako all others subservient against gold bat gold has Won every Uma body of tboOTdltors of pur country nro octlon ot Washington Hamilton Jeffer¬ XOM In Bs7tnc SUver nisactivoiuono ablo Republican thoroughly in sympathy to Gold Tho great law of demand and supply nf among tbo ihrifty7njustripus and intelliIt Wo mean- to mako gold tho standard Gold never has compromised son Denton Hunter Lincoln nnd Grant with tho principles ot tho Republican par- ¬ coin gent men and women of every commhnlty hasraado tho world respoct It oil tho time frets tho ralnd fut it flora Imn mrr ft let us maintain silver ond gold ot par with ty That party does not rest Its claims to M r t uncu way mum 2ina All have fallen m market valuo by One groat body of creditors here is the 970 iuo augiuui ixxio each other nt tho legal ratio ot 10 to 1 un uiuuu Democratic Turtj One a Oold Jrarty your confldenco merely upon tho merits get olong without gold for awhile but moans of now discoveries nnd Improved 000 Union soldiers thou- - widows nnd or til a conference among nations con pre This I suppose would vow be called they had to como back to 01 Its candidates bus upon tho soundness it mothodsot production Ihavobcroo state- - phans who nro creditors ot the united scribe common standards ot valuo In tho Silver wri practical- ¬ the crlmo ot 1833 of Its public policy Its measures and Its Sclflshnew Steps in j ment the director pf the mint dated States to tho amount of overt 1 40 000000 meantime let no act be dono no policy bo ly demonetized by this act and tho act ot alma 1805 showing tho Amount and a year tor services and sacrifices in tho adopted no experiment resorted to that T On June 1 187iSonators Jones and iiirib It U tho distinguishing foaturo of our 1834 Hvw bullion purcbaseu under tho Union army It would bo on act of perfidy wUl tarnish tbo honor of this great repub c08 and nil tho Republican govcrnmnct that every ques It is certain that from 1601 when Mr Stewart of tho sliver representatives nnd octs 878 nn1 189 nnl t8 vnluo at tho and meanness beyond expression for this lic states wcro urgent tion affecting tho peoplo of tho United I Jefferson bocamo president to tho closo of senators Treat country to nar them with moncv of States must ultimately lw determined by Buchanans administration in 1861 tho and honest in saying that gold was tho best Present market price showing n shrinkage I less purchasing power than gold colnmcro THE CANDIDATES CONTRASTED only standard of valuo but thoy j ol OTDr isouuvuw thorn at tho ballot box Every legal voter Democratic party was a gold party opposed nnd I Ir bccnuM tho overproduction ot silver in has an equal voice In deciding It howover to silver nnd all forms of paper money As chanced their minus when tbo Linrclr In- - A4U4 uwi uuijjhu tfiniinJipiu s i Theatrical DUplay of the Boy Orator tho united Htntes has reduced tho Bit 1 have tbo lUOicnit the problem may bo It no hap- ¬ I havo already stated Mr Jefferson in creased nnd increasing production ot silver roar letter mo honor to state in reDlrto value of silver bullion contained In market osUrcr MeKlnle7s Quiet Dignity inst pens that at tho coming presidential elec- ¬ 1806 suspended tho colnago of silver dol- in Nevada and other states reduced tho amount anaorcost utusuror tail the eccrecnto dollar To tako ad vantage of tblsdccllno or bullion Recent political events liave brought tion there will bo submitted to your judg- ¬ lars and it remained suspended tor more market value of silver below that of gold under tho acts ot Feb 83 IJ7S andpurchased in order to reduce tho valuo ot tho plttauco Jnly 1 out in such a clear light tha characteristics ment two such questions ono of which is than 80 years Tho act of congress ot 1834 ot tho established ratio ot 16 to 1 Thou USOO was as follows to theso pensioners is worso than to rob tho of tho two leading candidates for tho pres whether any holder of silver bullion may established gold as practically tho only coin thoy wanted n market for their silver Cost Fino ounces graves ot tho dead deposit it at tho mints of tho United States in circulation Gold coins wcro Bentons They wanted to pay existing debts nnd Act of Fob 28 There is another class ot creditors that idency that they carihot fall to impress tho 1973 mlntdrop8 tsitmon to txe2ro3n tho freo colnago of silver will greatly in- country Ono of tlio candidates left his and havo it coined for Ids benefit nnd All Democrats wcro then obligations contracted upon a gold basis in goldbugs Senator Hunter in 1868 sUvcr but took caro in their contracts to Act of July II 1W0 168071082 13 1SSO31003 2 jure It is tho depositors in savings Insti- homo ond traveled half Across tho conti without cost to him into silver dollars stipulate for tho payment of gold to them Totals each of tho weight of U24 grains of stand ¬ during Picrcosadmlnlstratlon secured tho 410049701 00 t4o4210aa M tutions nnd kindred organizations who nent In order to rcccl vo n theatrical notificaard silver nine tenths fine and may tender possago of n Jaw which reduced tho silver and this has been and is now tho general Worth at todays according to official statistics number tion of his nomination His coming had practice in tho silver states When tho them far any debt public or private Tho in the halt dimes dimes quarters and halt market prlco tor nearly 6003000 people ondirhoso deposits boon heralded for weeks and tho most silver namely other question is whether in lovylng duties dollars making them subsidiary coins coinage law of 1873 was enacted all of the amount to more than 1600000000 Will elaborate preparations liad boon made to 069212 por fine or taxes on imported goods wo should only abolished tholr froo colnago nnd limited states except thoso ou tho Pacific coast conooaco 818333310 75 you cheat them by reducing tho valuo nnd rocclvo blm nnd make tho event historical consider tho rovenuo required or whether their Jcgal tender to 5 Tho silver dollar ducted their business upon tho basts of purchasing power of tho dollars they havo and dcctslvo in a campaign sense whllo raising tho needed rovenuo wo should was not mentioned and practically was ex greenbacks or United States notes then at Loss In pnrobaso 1145671053 21 deposited Mr Bryan came was scon talked nnd seek also to protect nnd oncourago domestic eluded from colnago or circulation Bespeatfully yours yet a discount of about 13 per cent Neither II E Pbestost Free colnago will olsowlpo out nearly has retired for n tlmo front tlio publlo Director ot tho Mint industries Tho ono is called rovenuo tariff now tho Domocratlo party upon tho de silver nor gold was used in domestic trans- ¬ ono Iinlf tho valuo ot Ufa insurance which gnzo Not ovrn his most enthusiastic foland tho other a protective tariff Doth tho mand of tho Populist party nnd when sil- actions but wo collected our customs duWo had July 1 lost in actual circulation provident peoplo ot tbo United States silver and tariff aro vital questions of do ver lias fallon In market valuo to nearly ties in gold coin and conducted our foreign among tho pArolo ot tho United States paid to secure in case ot their death havo lower con claim that his journey lias added soino ono ntom of strength to Lis candidacy commerce in gold tho moncyof tho world mcstlo policy of equal importance but X ono half its former value seeks to demone 1509723800 as stntodby tho import of support protection to wifo nnd chil- whllo any unprejudiced observer am soa propose on this occasion to oonfluo my re ¬ tize gold and to establish silver as tho sola It was not until January 1875 that the tho treasury department which I will dren Itand affect injuriously tho will raultl that It lias dissipated that glamour that surfirst step was token to rcsumo specie pay- rend marks mnlnly to what is known as tho froo standard of value tudo of clerks ond employees who depond colnago of sliver nt tho ratio of 10 parts of j When tho Republican party camo into ments nor did we rcsumo until January Amount la upon monthly pay And will reduce tlio rounded him whllo ho was still nn un known quantity Ills learned specchw circulation power in 1801 by tbo election of Mr Lin- - 1879 During this period silver rapidly fell in July 1 1300 purchasing power of till salaries of officers hnvo dropped flat Thoy were reported uj This Juuo is thrust upon us by tho Demcoin ic naa to laco a lormiuanio rcneiiion and employees in tho publlo corvlco of the full by tho nowftpnpers ot both turtles but 1450123433 ocratic party or rather by tho Popullstlc Gold and silver wcro ollko banished from market valuo below gold at tho ratio of 10 Gold coin 3175009 United States and of every state county Standard tho public lias not boon ublo to find In nny branch of tho Democratic party Gold and circulation and Irredeemable paper money to 1 Prior and subsequent to 1873 many SabsldlarrMirer dollars 69000805 city or township in this broad laud Bllrcr ono of them it now thought or n phrasing silver coins aro recognized by all commerot all denominations from 10 cents to 1 changes were mado in colnago by tho lead Gold certificates 42330750 WorklDjrmen In Greatest Dancer ot tho Issues of tho campaign which will cial nations of tho tforld ns tho best stand 000 was substituted in place of coin When lng countries of tho world Germany In Sllvor certificates 31259500 by far tho greatest injury resulting clear up any mans doubts Rut tho great 1871 changed Its standard from silver to Treasury notes act July II 1S90 But ards of vnluo as tho inwisuro of every nr tho war was over tho Republican party D52170M from tho freo colnngo of sliver will fall est failure of all wits tho speech in Madison 22S4S1SSS tlcloof deslro of everything that Is bought sought to restoro speclo payment as soon gold Franco Italy Switzerland and Bel- United btates notes upon tlio worklngmcn Tholr wages are Square Gordon whun with nil tho tinsel or sold Thoso two metals not only meas- ns practicable In March 1809 It pledged gium had in 1865 entered into a treaty Currency certificates act Jane 8 1802 81840000 i now hosed upon monoy of tho highest val- nnd trappings nbout him nnd with n hu ure nil other things but thoy iiicasuro each tho faith of tho nation to paymont in coin called the Latin union to which other no ¬ 215831027 ue upon gold coin of standard valw man mlno ready to bo exploded by n train other Their relative valuo constantly or its equivalent of all bonds of tho United tions bocamo parties and by which tho National bank notes Under froo colnago of sliver tho valuo ot ot burning eloquence ho utterly failed to changes Twenty throo years ago 10 ounces States nnd to redeem tho United States coins of each of theso countries wcro ro Total 51 W0 725 SO tho silver dollar will fall to 63 cents in prove equal to ttia occasion of silver wcro worth moro than 1 ounce notes at tbo earliest practicable moment cloved and paid out by nil of them This Wo had also at that date 684610031 in gold Whllo all this pnrado and ostentatious Important nrmngembnt was first modified or as I liavo already said tho 100 of gold Now 31 ounces of sliver can bo in coin tho treasury mostly gold and silver held cents ot tho gold dollar will bo worth 104 show lms been going on tho opposing canand finally abandoned nnd gold bocamo for tho redemption of United States notes bought byl ounce of gold This fluctuThe Law ot 1873 cents of tbo silver dollar With free coin didate for tho presidency lias boonqulotly tho standard of valuo In those countries ation of vnluo cannot bo prevented bylaw boIn order to carry out this pledge ago of silver ovcry worklngman can and pursuing tho even tenor of his way Withbut in all silver wns coined and largely and sliver certificates as follows It is beyond tha roach of legislation It Is camo necessary to reviso the various it coin used as n subsidiary coin precisely as in Gold coin 1111803840 ought to demand enough sliver for his dally out nny attempt at display or to dazzlo tho caused by tho changing demands for and ago laws ot tho United States This was tho United States 1173614043 wages to bo equal to tho purchasing pow-¬ people Mr McKlnloy bus extended u cour Btsndard stiver dollars tho Increasing supply of thoso metals from promptly and very carefully dono by n bill 15730075 silver gabaldlary er ot his present wagoain gold- Tho strug- teous welcome to nil who hnvo visited hint tho mines Roth nro necessary as monoy framed in tho treasury department whllo The DIandAUIson Act 407430 gle botwoen tho worklnguinn and tho em and given n frank andupproprtoto reply to silver to supply tho dally wants of llfo and Mr Boutwcll was secretary 11040005 In anticipation of tho resumption ot Bllver certificates It was thor- Tho dignity nnd self iwlso gold to moasuro tho larger transactions of oughly considered by tho experts of that speclo payments tho resumption net ot Treasury notes act Jnly 14 1890 04465010 ployer will then commenco ond no ono every greeting knows better than tho worklngman how of tho man liuvo Impressed not only those 131229653 business especially in exchanges with for- department and was printed and submitted 1876 provided silver coins ot dimes quar- ¬ United States notes difficult it is to get on ndvnAoo of pay Wo wno navo seen and heard him but also eign nations How to maintain tho parity to all persons in tho United States who ters nnd half dollars for the redemption of Currency certificates act Juno 8 1873 150000 liavo strikes ond strlfo enough now when thoso who havo been compelled to satisfy ot tho two metals at a fixed ratio has been wcro supposed to bo familiar with tho tho fractional currency then in general uso National 1060883 tho worklngman goto his pay in gold coin themselves with n tologmphlo account of bank notes Is and always will bo n difficult problem Thoso new silver coins colnago laws Tho bill containing 07 boo- - in our country or Its equivalent but what will be tbo con- theovont nnd tlio speuuh remarks have SOS4C10IHI not only in tho United States but in tho turns accompanied uy a mnra oi iniorma gavo great satisfaction They wcro limited Total been so clear couolso nnd epigrammatic it ho is paid in cheaper civilized worhAll thow forms of money havo been ditionnc iulnal nbiount but of money of tho that they hno Impressed themselves Upon tion that fills a volume was sent to con- ¬ In legal tender qualities to f 10 At this isame less purchas ¬ gress April 85 1870 by Secretary Rout tlmo Mr Bland of Missouri introduced his maintained by tho government at par with ing powerf Every sontlmont of Justice will tho mind ot thoso who havo heard and read Early Coinage HUtory well nud its passago was strongly recom- bill for tho froo colnngo of silver at tho gold and they tra vol tho circle of tho world 10 on tho sldo ot tho worklngman in his them nud they will furnish mottoes and oo- It was ono ot tho first auostlons to This clipy tho attention of American statesmen mended by him TTnltyl bill omitted from ratio ot 10 to 1 on tho demand ot tho hold- without diminution of their purchasing strugglo for good monoy or increased catch phrases nil through tho cmiiiwlgn Ktntna thn allrpp ers of silver bullion Silver hod then de power Though silver bullion lms fallen Wages in cheap monoy Of all tho evils Mr McKlnloy has grown steadily In after tho adoption of tho constitution and flinnnlnanf fhn tho lbir precisely as was doiio In 1863 but clined below tlmt ratio Ono ounce of gold to nearly ono half its former valuo yet wo which n govornmont can Inflict nono can estimation of tho publlo ns tho canvass has Is now ono of tho most pressing after moro silver maintained silver coin bo greater tlian cheap monoy whether of proceeded and hus not mndo u mlstuko for than 100 years of national growth In 1702 IruYiUlll iur uiu iajiuuku vi vuu irucuuuui was worth moraIfthan 10 ounces of Law as linvo used it nnd parity It had become u mado from it nt with gold at the coin or paper Tliot dollar is tho best dol the cnelny to gloat over silver and gold wcro mado tho common parts of tho dollar in nccordanco with tho Tho Blond bill ratio of 10 to 1 standards of valuo in tho United States at net of that year This bill was ponding In it passed tho houso would havo demonlor that buys tbo largest quantity of food It Is easy to sco tlmt this dignified self Silver Monometallism Threatened tho ratio of 16 to 1 but this was because congress for three years wns carefully etlzed gold Such was not the purposo of ond clothing That dollar is tho gold dol- poised attitude of tho Republican candl houses nnd special nt congress Impressing tho sober common senso But now wo are brought faca to face buys moro that then tho nctunl mnrkot vnluo of IB considered In both When tho bill camo to tho senate an with a proposition which It agreed to will lar for Itother dollar food and clothing date is Cunees of silver was equal to tho actual tcntlon was called to tho omission of tha tlian any and will also buy n of tho country Tho Independent nnd Dom 412K grain slhcr dollar which was never amendment was mado on tha motion of mako sliver tho solo standard ot valuo for sllvcrilollnr for 63 cents if tho colnago of ocnitia iiewsjiapers that are supporting tho market valuo of 1 ouneo of gold Tho Senator Allison which clianged tho scopo nil dobtsiuid credits for tho wages of labor silver Is made free greatest enro was taken to ascertain this in tho bill at any stage nnd tho reasons for ot tho bill at tho ratio ot lOtol of cnuso of sound money liavo steadily grown nnd authorized and directed tho and tho purcluiso and sulo of property Tho gold It wns finally deterratio by Thomas Jefferson then secretary this omission given wtirmcr In tholr prnlso of Mr McKlnloy ns mined at tho urgent request ot members secretary of tho treasury to purchase from Duiuoeratlo party at its recent convention Experience has shown that tho United tho number of his speeches lias Increased of state and Alexander Hamilton thou to tlmo secretary of tho treasury Thoso two dis- ¬ from tho Pacific coast to Insert among tlmo not less silver bullion at tho market at Chicago adopted a resolution in favor of States can mako tho Bllvor dollar bay ns No more enthusiastic comihondatlon has prlco than 2000000 nor mora tlian tho freo colnago of sliver nt the ratio of 10 much ns tho gold dollar but it can only bo been bostowod by his own party tinguished statesmen who disagreed upon tho silver coins n trade dollar containing than lias onuso it 000000 worth dolbut kcarly nil other questions did ngrco upon 4S0 grains of standard silver rrl- thislegal ti bo coined Into por month and fast ns porta of silver to 1 of gold Wo know dona by tha govornmont buying silver been given liy Domocratlo nowspapers to to silver dollars as n llko that in the United States nnd in all coun- bullion as needed nnd coining it into dol spceohos mado by tho Republican candl tho then rclutlvo valuo ot tho two metals lar was mndo only tho minor no yon purchased It also provided that any hold Thcro wo tries in tho world 30 ounces or moro of sil lars on government account This lias been dato tho post week Tho Boston Herald nnd that both should lw coined into money tender for 15 was on er of tho coin nuthorized by that act might ver can bo purchased by 1 ounce of gold tried nnd nay voto on tho bill r Every country of Europe except says that by nil odds tho most effective at tlmt ratio tho proposition to repeal urn viuwgo mado deposit the samo with the treasurer of tho With tho free coinage ot silver gold will bo possibly Russia republics nnd monarchies campaign work that is being dono nt pres ¬ tlmo nolther gold nor silver was United States in sums not less than 110 demonetized mSftl any consldembTo quantity in the lnao o goR Nothing can bo more cer ollko maintain tho gold standard nnd sll ent is to bo credited to Major MoHlnloy Tha bill passed nnd rocclvo certificates therefor of not less tain than that the cheaper monoy only will vor coins nt parity with gold nt oven n when ho oddrcsMid his old army Tho voted agnlnst Its repeal 13 states then forming tho Unioncomrades than 810 each and that tho coin deposited Tho United States lias thus far less ratio than tho United States nnd now Thbso occasions havo beeafcequontof late Revolutionary war had boon conducted ixith houses nnd bfcomo a law Feb 18 should be retained In the treasury for tbo circulate 1873 by practically n unanimous vote of maintained its stiver coins at parity with Russia has hoarded over 400000000 of and Major McKlnloy e responses to tho bocamo worthwith popor monoy which woo specially supported paymont of tho certificates on demand less nnd tho coins of Spain England and both parties nndtho senators and ruomberu This bill so amended passed both bouses gold coins only by its oxcluslvo monopoly gold in preparation for tho gold standard salutations of tho veterans havo been ot coinage and by limiting tho amount the potriotlo oratory been mado n legal ten and voted for by other countries had It was known as tho Bland Allison act It but with froo colnago of silver thcro could Whichliavo will adopt treasury belonging models ofMajor McKlnloy sold now In When dor and continued so for many years otter from tbo silver states I bollovo greatly added to tho difficulties ot rosump bo no limitation Sllvor bullion in ovory to We government tho This has boon called tha crime of 1873 tho over 870000000 silver it is a good deal hotter toojion up tho tho adoption ot tho constitution was under roy chargo in tho tlon and for that reason was vetoed by form will bo pressed upon tho mints and dollars represented by certificates and also of tho United States to tho labor ot mills as tho r When tho now American coins wcro - and Ameri President Hayes but became a law over v sued it was found that tho sbnutal ana X publlo his veto Under its provisions tho United with tha mandatory duty of free coinage liver bullion costing over 118500000 in lea than to opon up tho mints of iho Unit ¬ of liver dollars will soon fill coins oi otner countries uuuu vuu i oyer 01000000 ounces circulation and tha gold tho cnnnnols bo treasury notes in active circulation apd ed States to tho silror of the world ho carefully discussed nnd considered States purcluwed will maintained nt par with gold ot Jhq rutlo of gavo hUfollqwcrs tho Issues of tho cam channels of circulation nnd tho now nnd ot sliver at tho cost of 1808370200 It was hoarded or will bo quoted dollar sold 1 nnd Tha freo colnago of silver Is an paign summed up in tha tersest ot lnn win bright dollars of tlw United States were during throo years hoped that this enormous purohaso would commodity nt about 104 cents of the silver 10 to When wo test tho outcry against this act discontinuance invitation not only to American miners Kliago nnd in a slinpa that tho busiest pf This led to the exported arrest the decline of ellver but In spite if coin Sliver will stand as tha par vnluo but to all miners or holders silver in tho voters enn grasp It is such things as theso in 1800 by Presldont Jefferson ot tho coin with tho sober tacts shown by official roe it silver steadily declined in market value Tho And gold will bo quoted ft its commercial world to doposlt tholr sUvcnln tho mints that nro exhibiting to tho country ago of tho silver dollar nud after that date ords it appears simply ludicrous tho real nnd at the present prlco tho loss to tho gov valuo total number ot silver dollars coined from ernment on ot tho United States ami rtccive in ex character of tho Republican candidate for nono was coined for moro than 80 years the purchase of sliver Under Let u contemplate torn whllo tho Inovl cnango inonnor a silver ikhwc for every tho presidency and impressing it with n This order of Jefferson I suppose would 1703 to 1873 was 8031638 whllo tha this net amounts to over 1100000000 table result o the freo colnago of sllvorcven siKtt grains oi fttanuara wiy ir deposited souse of ids fltnmw for that high offloo mid bo called by our Popullstlo friends tha number of trade dollars issued under tho The Silver Inrftuue It I repsat what I say It would violate But that silver Uwprth lutlwi jaricet otiy leodlng tbe people to contrast htm with In the meantime Franco coinage oct of 1879 containing 7K grains crlmo of 1800 congress met in December 1880 every contract for the pnyjmnt pf mdnf 53 cents V hy should we ret ve this bul- - tho shallow nrotnse and evident attempt mora silver than tho old dollar was 86 When and other countries adopted tho rutlo of equivalent cf 005034 and tho number of standard sliver there wns h strong deslro in Mil houses made since Jan 1 1879 The resumption lion from the owners of isij hr tolnos ftt to deoelw OitJiVoppont 16H ounces of silver an the PhltadlpUU To nvold these eoibAis dollars coined under tho RlandiAlUson set to utilize silver ns letfn tender money un uot jvweii wont luto opemtion op that day iitany uuuuie us marKvtvv lua wfen we Frank 1 ouneo of gold l i ertfc T wV JeMn- - -- t MKMJ iMWi4l - titm vir6j-- aiicc Knot oi Madton vfltovWtsi7Ctj SttfUtHvii1si tt5VilUJcir U3u-pUr-j- crfl fe SHERMAN ON SOUNDJWDNEY trussing tbo slnglo standard in that country as subsidiary cola during tho administration of President Jackson and under tho leadership ot Danlol Webster and Thomas U Ronton congress adopted tho ratio ot 10 ot ¬ ¬ changes England in 1810 adopted The Ohio Senators Great Speech at Columbus ¬ - tot ¬ - ¬ ¬ nt 1878 was 43070001 1 or 01 times tha nortbor issued before 1873- Some Tenonal Inconsistencies It is strange that tho very men who sup portod and urged this colnngo law of 1873 and demanded tho exclusive colnago of gold aro tho very men who now demand tho freo colnago of silver nnd donounco as gold Itos nnd robbers all thoso who bollovo In tho colnago ot both gold and silver It has boon said that tho dropping of tho silver dollar In tho colnago act of 1873 was surreptitiously done This charge is shown to be fnlso by tho donates In congress and especially by tho declarations ot tho men who now make tho charge Sixteen months after tho possago of that act Senator Jones of Nevada In a debate In tho sonata Juno 11 1874 sold I am opposed to any proposition como in whatever form it may that attempts to ovcrrlda what God himself has mado for money I bollovo tho sooner wo como down to a purely gold standard tha better It will bo for tho country Does this On April 1 1874 he sold congress mean now to leave entirely out of view and discard forever a standard of vnl uo And what but gold can bo that stand ard What other thing on earth possesses tho requisite qualltlcsf Gold U tho articulation ot commerce It is tho most potontagont ot civilization It is gold that has lifted tho nations from barbarism It Is the common denominator of values It makes posslblo the classification ot labor and tho interchange of commodities Gold has intervened in bargains made between men slnco tho dawn of civilization and it has novor tailed to faithfully fulfill Its part as tho universal agent andservnntnf man kind Tho valuo of gold Is uot nf fected by tho stomp of tho govornmont Senator Stewart of Nevada In tho samo Tho bibor debate on Juno IS 1874 Mill lng man and tho producer nro ontltlcd to havo their product and their labor mensur- od by tho samo standard of tho world that measures your national debt Giro them such a standard give them money ns you require from thorn You require it You require from tbo from tho producer laboring man gold to pay tho interest an your national debt which is right which cannot bo nvoided if you moan to savo national honor but then give him tho same money with which to pay that dobt Tho question will never bo settled until you do tonnlno tho slmplo question whether tho laboring man is entitled to havo a gold dollar If ho corns it or whether you nro ¬ ¬ ¬ ¬ extra NO- - 36 s v dor conditions that would not demonetize gotd At tho result of long discussions in both houses and after n conference between thorn a LIU was passed July 14 1800 by which tho secretary of tho treasury was di rected to purrhnso from tlmo to tlmo silver bullion to tho aggregate of 4600000 ounces n month nt tho market price nud to issuo in payment of such purchases treasury notes fit fho United States which wore mado tt legal tender In payment ot nil debts public and private and wcro redeem able by tho secretary of tho treasury In gold or silver coin at his discretion This moasuro it was thought Would arrest tho aociino in the marKot valuo ot surer and enable tho secretary to maintain tho two metnLt on a mritv with fWkeh nfhm nk this rratld if Ifr to 1 But tho market vnluo of silver continued to decline Tho govern ¬ ment purchased under tho act Of July 14 1890 108000000 ounces nt h cost ot I60t 000000 This proved to bo on expensive expenmont ana tho act was repealed Nov 1 1803 This rerjcal was neoommnlod Irr tho following declaration mado a part of tho repealing act And it is hereby declared to be tho policy of tho United States to contlnuo tho uso of both gold and silver ns stnmbrd monoy and to coin both gold nnd silver Into money ot equal Intrinsic and os chnngcablo valuo such equality to bo re curcd through International agreement r by such safeguards of legislation ns will Insure tho maintenance of tho parity In vnluo ot tho coins ot tho two metals nnd tho equal power of every dollar nt rll times in tho markets nnd In tha pnrment cf debts And It Is further declared tuit tho efforts ot tho government should be steadily directed to tho establishment ot such a sufo system of bimetallism ns will maintain nt all times tho equal power of every dollar coined or issued by tho United State- li tho markots nnd In tho payment ¬ - ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ l4-at-nig- ht - ¬ 1 lulii -- ¬ jf ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ ¬ i ¬ ¬ ¬ - ¬ ¬ ¬ - - Is ¬ ¬ ¬ ¬ - ti ¬ - ¬ ¬ ¬ ¬ - ¬ --- ¬ r-fi ¬ Itr M 1 u sv ISV-iH- jj- lr v

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