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WM. J. BRYAN'S SPEECH. the Democratic Nomination for Preirlent of the United States- jivered Before 22,000 Peo ple at Madison Squnre Garden, New York, Au gust 12, 1896. IWF"'I'I' IN NEIWH';'AI' ER INI .'\I 1EI"?'O(T ) . a futllur n f ne in a fnorn'llll lit' -:elpt the .iciinl in w'l hich iS , ip!. lred by thno ljii tihn I" 'l ruti 50l,' ad I IShall at that ir'' tol iistuni iMsues p!'r' pte'' by thi' pla til in Si fittloll , ih\. ' iet r, sat Itiie with I the priM'H' of ltha , h-re i tit It I ipeak ItI l lll ' ittgth Ilii r' ,litill the campI' ignl (ip1on whichI we1 rillitll eatering. \`"r do iist 11d lr 1 ,1l. irito the forcr'ia rrIeIlii ,gaitlilit , rl eh it -are e iunl iilidfuil of thi n ili pot t.il of the s'ii'lu i: n wr hii WI 111h 0y dg; but. r.I linkg fur tw eii" Ill o rtightlc. ons, ofi ( ,it r iise1. "TI defend with all p~ ::,iiite vigor appoi 11 taken by (oill' ilrty. nmorn, been cltarrgeld by iin tand- Joy I In bulin41t : I l id p itl(llenl dr- ,\ P our platforml i, a Ilinace toiS I o lecurity anti pnlbilc i;afety; i antl revl Sassertecd that tlihoso whomdl Ipt honor, for the time being, to clasr n, ot only niIdiltat an attack With rights of Ipropearty, but are th uite icial order and nationll honor. ('ili ':lho stand upon the Chicago pile are prepared to make known than defend every mnotion whiclh in- "N them, every purpose which an- para them and every hops, which in - -thi . Andrew Jackso, n said nc(1: 15On in soclety will always ex- me every just governmll nt. the of talents, of education, or of liia -nnot be produced by human ,,n a. In the full enjoyment of tonmi of heaven allI th fruits of plat Industry. e4(lliionl)y andli virtue mes 0 is equally ct~titled to pro- the by law.' We yield to none in it at on to the doctrine Just eoun- fore Object of the ('lmnpaign. hnl paign hen not for its object it. tl truction of society. We can- owe to the vi('ioiu, tihe fruits of Ihila s life; we woiilrl not inviade in l of the provident in order to torlr the wants of the spendthrifti lisi t propose to trantifer the re- fric industry to thel lap oif indo- ris1 I-Property la and will remain tha us of endleavor and the coDm for toil. that property rights, as well me ghts of persons, are sate In the tile the common people. Abra- dol CoIn, in his messagle sent to poi in December, 1861. said: "No wh ng are more worthy to be It than those who toil up from mo none less inclined to take ott h aught which they have not stn earned, tcr t his language with unqual- gh oval and join with him In the Inr which he added, namely: 'Let put are of surrendering a politic- m, which they already possess, to which power', it ourren- str will surely be used to wt the doors, of advance- Ft, nst such as they, and to fix ch bilitles and burdens upon fo i all of liberty shall be lost.' ecv 0 daily follow the injunction. mf sweat of thy face shalt thou at ,' are now, as they ever have e bulwark of law and order, a of our nation's greatness in th peace, and Its surest defenders si of war. m -re not surprised to find arrayed re thoe who are the beneficiaries CT ment favoritlsm-they have tt i platform. Nor are we sur- st to learn that we must in this T Iace the hostility of those a 4 a pecuniary advantage in ad- it the doctrine of non-lnterfer- S When great aggregations of et are trespassing upon the rights a Iduals. We welcome such op- s It Is the higlhest indorsement It I-otld be bestowed upon us. We tent to have the co-operation of who desire to have the govern- 6 administered without fear or ta- e a is not the wish of the general . that trusts should spring into ce and override the weaker of society; It is not the wish general public that these trusts destroy competition and then such tax as they will from Swho are at their mercy. Those d upon the Chicago platform that the government should not avold wrong-dolng, but that it also prevent wrong-doing; and ilieve that the law should be d alike againist all enemies of ble weal. The commandment, shalt not steal,' thundered from and reiterated in the legislation batlons, hi no respector of per _It must be applled to the great alml to the small; to the strong as to the weak; to the corporate eated by law as well as to the leuh and blood created by ty. No government is he name which is not able "il every arm uplifted for itay th humblest citizen who Sbe1dth (the fag. T.he uo se* Tas lw. O Chicago laIterm huas been con* by eomo because It dissents I * oplalOn give by the Supreme deolarlfg theo tomoi.ta law un "t"isl. It must hbe remembered we pressly reogata. the bind of that deimleoi s long ,A aP & Part al the irpaft''r hl i P (0n0 :illt tr, ' I'or a hi - If III dIred vi'ar thle ;iprei e cour 'llt of ;ii0 doel I'nit,,l ,ts luau; { o , tol r tin , priin w ith r'ipl{ u hi'h unlet rliio. the in, rm , tax livin ipomv' tw,'nty y 'ears ago hi t la s iLi' ('01ort sustained wi, thouI a ,dissenting iip vi i ', I nn in ome In x t law Iinott identill c)1 ir ltiilrv l hn o lpresi'nt trtll h4i i ',r n t d'lpirt fr'om th mu'l \W'i.''n , arallts ow all w ll, r,'hearin' .s they adm it that an ,,r i a possible.ihl the late di siun a,;ai iit th, il,'otple tiax Wtas given hy a I lsJlority of on naft r' I reh ,tr 'ing. (It i " ll , i lltt i o'll t ta x Inw soot" to ,,h t lappoltion Ilthe llhtrdi'n n of gn(Virt'pit' it tI' Io1'rp' oPipitably I llon; those who et ' Joy lh' profl'i , t in of the glvrn,,ile ti. aI governmno'l it. i', d l h't,',l tirough inti'n;;l i i revenue t'Iax I pi a llniport dlllties, anr lr h especially lh ilr 'otiInome upon ,tile poor clas'is of soibty. The incon,-tax law, pen with its exemptnion provisionrs, was not oli unjusti to the possessors of lan.rg in- .11l 'comtes, heeause they were iot 'co- Fall porllild to pay a total fIderna tax greater than their share. "Now. let rlle ask yol to consiler the effi paramount ,ietilon of this eanpnip-n 1l:iu t- the money qclustion. It in rcarply to n'essar yry to tOfcul the plrril ple off hi- wil muttallism. No na:tional party duringt i ct the entire history of the l'nlite'd States ni has \ver declaled algainst it. nindl no p'a party in Ihis eampaign has had lhte pre tonmerity to oppose It. The republiintsn 11 platform expr:'ssly dilares that hl- flo metallim It:I del:irahl, wlhen It, pledigrt cut tho repuhlienPn party to aid in scuriig wi in It as soon as the lie::sistance of cerlai t t foreigpn nations can be obtalined. Th gol standlard has Ibeen weighed In tlhe balance and foiund wanting. Take from c. et it. the paowrfuil support of the noneyv- ny n- ownitg and the mnniey-chlanglng tot ofI e.ahtnr: andl it cnnnot (tland for one day le in aniy natlio in fn tlie wrlli. It was fa- n t o, t l 11 n tlil, l'nited Stata without ft: 1diicutt: inn before, Ithe p''olc. and its 'e fri'ends have' nev' yr t here l n willing Ito .1 r- risk a verdict Ieiore 11 h volcrs upon, l l in t h a t Is s u ,,. I t 'i- ' t t of Ielty In 'h ineT. tt "Wihat is the Ir:-t of Ihonrhty in 11 'll mrnonyv? It mu;t c rt:ainly 1:' fiound in W he the' purchasing power of the dollar. A 'a- dollar which Incr'eases in pu rchasing to power 'is just as dish(onest as ia dollar oi No which deereases in purchasing power. be It cannot lie successfully claimed that a rnm monometallism or bimetallism. or any I ike other system, gives an absolutely just not standard of value. lilmetalllsm is bet ter than monometallism. not bcrause it al- gives us a perfect dollar- that is, a dol the nr absolutely unvarying in its general Let purchasing power--but because it tic- makes a nearer approach to stability, ss, to honesty, to justice, than a gold en- standard possibly can. Any legislation to which lessens the world's stlock of Ic- standard money increases the ex flx changeable value of the dollar; there pon fore the crusade against silver must in st.' evitably raise the purchasing power of ion, money and lower the money value of hou all other forms of property. ave Opponents Admit the Error. der, "Our opponents sometimes admit i in that It was a mistake to demonetize ore silver, but incist that we should sub mit to present conditions rather than yed return to the bimetallic system. They lIs err In supposing that we have reached lave the end of the evil results of a gold ur- standard; we have not reached the end. his The Injury Is a continuing one. The ose same influences which are now operat ad- Ing to destroy silver in the United er- States will, it successful here, be turn of ed against other silver-using countries, hte and each new convert of the gold op- standard will add to the general dis ent tress. We Iarme. r Opposed to Gold. Sof "The farmers are opposed to the gold - standard because they have felt its a- effects. rlnce they sell at wholesale and buy at retail they have lost more I than they have gained by falling prices, Sand, besides thIs, they have found that ral certaIn fixed charges have not fallen nto at all. Taxes have not been perceptibly ker dlecreased, although It requires more of Ih farm products now than formerly to e secure the money with which to pay taxesC rom "lehts have not fallon. The farmel 'oose who owed $1,000 Is still compelled to rm pay $1.000, although it may be twice as Snot difficult as formerly to obtain the dol t It lar with which to pay the debt. Rail and road rates have not been reduced to Id be keep pace with falling prices, and be e of sides these Items there are many more. nt, Wh-~Emrne·rs Kgler far Silver. from "The wage-earners have been Injured ton by a gold standard. Wage-eanerer Sknow that while a gold standard ralses t the purchasuing power of the dollar, it orong also makes It more diffcult to obtaln orate possesalon of the dollar; they know Sthe that employment is less permanent, d by loss of work more probable and re t Is employment less certain. Sable "A gold standard encourages the Sfrhoarding of money, because money is hrising; it also discourages enterprise and paralyzes Inldustry. On the other land, the restoration of bimetallism a on will discourage hoarding, because when ints prices are steady or rising money can re * not afford tc lie idle in the bank vaults. L Un i The farmers and wage-earners togeth obered r constitute a considerable m&.ority b bnd - of the people o tile country. Why olng should their Interests be ignored in . t ctahelderlag almnelal tlesultalat total premlrnrius eeltve'a e r I wt7 thi total Ic~.es paid a rIsinl of nay standard ntst he of mo-e 1 thI benefit to thue ,ompinnlie than to th aire in polIcy holderw. SaviI~r ilankss deposl ''c111 p1 If cn 'inow' that ulndir a gold slandnr of hie ltii Irb ii inrrenning d:angrr that they t(rnlill will hl-o' th'lir Ir'lposit. brn'ir5n,1 of thb frimt inability of thei hanks tlo olle t thelt down itst is, and thrh still furfth"r know that 1 If thl' filIl sta tl;lard s15 to 'ontllrn r In ~ ,'I Idlliiteily t hey may be iompjili I ,t º iperl vi Ill rira " 1 h ir dc,,is, ri.A In orfi'r to 1B ,E' livilng exprotesr. rio.'it (il:011 110nt m luln to rrchant. ill it is only ivr t l'i o niiy5 tiht i cilh r 'rr'{iting riri stim r oif flli1t's ln (1 f ir ' \\ eto n ii kliow that a g'I I star;litl is r li, th' ri tLi, i 1 r'i"'i rtis anti Iiittl'If,rit fr ' lS our, If te peo l eIt c tillinot flly. r,'in'; rs all , flu l ýt ll, a holt:a e 1 ill,,tt h, t'" llne t Illttn lu ll I .."'hno,., w hol hold, 14 It pi-rnalll.Ii( t In fIe. V't illn.intI, (,lI' Mu k' of 1"iltl :1( n I of .i1i r : olither I:1' Ilil'i;,;i . art` II juiried ly a giod ol pl i d i,. ' lh ' i' .ting: do ,llair i ..troiyt or i fiil ':l niing power of thusl' in.l rpritS I l It v "ilh '?i ril itl i g their li !hinltlen, li , w hl irl S;il Il 'rii:: (ir anot lihr plib Il 4til a - I: l i I f iha 1"i' l itv I' t n sat- ti t rt i ,ýel , Ili , t ,:'k iiholdi : It! :: hear the irwi' burnlin ofi hard t(I n ('nCe "iattla rie,, iiln m11 u si4s11 ( f; - ,tr ull t!Iio n s uIle - 1 , penlil uponr buslnesHi t c (litinls i4, anild th l el il gohl anlstandard both l,'tl-ksi the inn, iiint n t11 I rltd! thrrititll' the perlinall lei" of iuch i. tb Falarit . t Its Effect I'pon All ('lIer r. P In "I h1IV1' lnot lattmlptril to dl(Resribe INh e ffec't of tIl( gold ta:l dilarl upon all will claiu;s('i in fat, I liarsve only haiil timle wh to mention It few hot each person will hIe able to apllly the l(' rrin'iples ac c(ordlug to l ii s tWiii .lIpatlon. It 11 Snui t not hie forgotten that tih' doll at ii mi'annot htriy moliri' t rhli foari' er'ly rilm ,i t lis `property sells for I': than formerly ldln l iiene, It will hle n11 tlhat a large po * ir in tiorn of thioi' who maIy tini mull sn' pti i ' unitly adiv'tlnltag' in a gli ld stnsl; nii dl' h K will discusw'vr that tlheir 'i los' ex,''ed thin Ilrrnn Attacks fte "(:Goil 1lug." rPXl S"In 18i9 t8isa(toi ihrrnmin saul: "-rth o contrl'aitioni f lihe i tirrl'ncy Is a fir don mnore dillsutresilrig ope'iritionl thlan s'nlt tora rsuplo '. Tir every p'inson, exc'pt gl ca 'apitall1st out of dlbt or a alaried wilt flic'er or annuitiant. It Is a period lod rli it loss, lanie r, liasitIudo of trade, fall ol f wages, suspenoliioni of enterprise, bank- met t ol)ptiy and disaster. It nmeans ruin tc n all deilers vwhose ideits arei twh'e theil hulrics capital, tli hough one-third le' l n th thIin their lrotrll pr'noperty. It mU'ant In the fall of all agricull ural prloducltion in wihoit ainy great riilulrtihonl of t.l xet'.' tha A 1r. She'rman was at thait time p n mlt e 1g i;ig of the contriaction of the voluimn fro ar of ipaper cilrrency, bIll. t P I l princlple r . which 1ie s t forth applies If there IF at at rcolltraction of thlls volrnme of the y .tatiadard nmonery of t'ie world. tl t Illoine Wlni for Milver. mi "Mr. 1laine IdisciusseI the same prln to I ciple in connecition with the demone- ,, 1 tization of silver. lSpeaklig in the re rut house of repres'ntatllivs on Feb. 7, ob 1878, he salll: 'I believe the struggle rt y, now going on in this country and other 18 ,I countries for a single gold standard <t On would, if sucrcer'sfrlI, produce wide- tiI eo spread disaster in and throuighout the as .-cc.nmnerehitl world. Thie desttructlon of re silver ano money and the estalllshing th n- of goldi as tlihe sole unit of valrie must l of have a ruinouts effect upon all forms pt of property, except those Invested TI which yield a fixed return in money.' to Is it strange that the 'holcrs of Invest- or mit meats which yiell a fixed return in pr ze anoney' can regard the dentruction of ra ub- silver with complacency? If the rela- In an tively few whose wealth consists large- dI ey ly in fixed investments have a right to ed use the ballot to enhance the value of es 0l their investments, have rot the rest of r 'd. the people the right to use the ballot et rae to protect themselves fromn the diana- hi a trous consequences of a rising stand- I Lted ard? What shall it profit us to have a e dollar which grows more valuable 'o every day If such a dollar lowers the k dl standard of civilization and.brings dis- si s- tress to the people? (f It is asserted, tl as It constantly Is asserted, that the i gold standard will enable us to borrow more money from abroad, I reply that o its the restoration of bimetallism will re- I ale store that parity between Imoney and I1 ore property, and thus permit an era of v Ics, prosperity which will enable the Amer- a that Ican people to b-come loaners of money Instead of perpcttual borrowers. e of tMu.t RStop Ilorrowlng. to "Even if we desire to borrow, how t pay long can we continue borrowing under I a system which, by lowering the Value 1 mer of property, weakens the foundation d to upon which credit rests? Even the I e as holders of fixed investments, though dol- they gain an advantage from the ap Ral- preciation of the dollar, certainly see I d to the Injustice of the legiselation which be- gives them this advantage over those ore. whose incomes depend upon the value 1 of property and products. ired "If the holders of fixed Investments mer will not listen to arguments based up aiee on justice and enlty, I appeal to them r, it to consider the Interests of posterity, taln We do not live for ourselves alone. ow Our labor, our self-denial and our eat anxious care, all these are for those 1 . who are to come after us as much as for ourselves, but we cannot protect the our children beyond the period of our eyis lives. Let those who are now reaping prise advantage from a vicious financial sys ther tem remember that in the years to im come their own children and their when children's children may, through the c n operation of this same system, be made aults. to pay tribute to the descendants €e eth- those who are wronged today. ;orip osa w Cperlament. hy "AsL against the malintenance of ai ae i gold Itladard, either permanently or until otheu n5aIt s an be unitd or np ivkIoWt th Oiticag. pt0SI I wfttlo1tt waltingF rr tit nitl 111 eno'rnt m 'i· Sof any othr'r nlal'n. We nr' not ask- n . . r ong that A. new (o-,(I' lirntut he tIr I ; % t ! ' n' S are ilitirt lllg upon r'iiln Ito n l;in li r'f S eitl:1 polly lipprio, ! hby tlh, oexpTrl'Itr :l1i1S , o f h .ltory anlt "lil1'lo 1 4 Ii all ihl, Iil: ' I ifr no the ' l:Is of thb III t ll :iiil' ' It lown lto 173. In' ( .II l,'Vre' ( ,lnoi gi 'isf Io Is ~Ile ol . gi lv l S"1'hlhen ,.we n-,k that nour nintlll I ( oprlnet," Io fhe ' fr tll' l l'l Itlli, 1 ( *(Pll r ll %1 1 ll i~I' nl" of ,tl r-r into f ll hlo al toitli l' '-+ran + . 1:i' arr , Iunp y ' a ,king d that I14I ,, ll in n-aine lit pil ' t i-ges ' l, : hr t i I'ord l I t " l ' W hell V.' -li : that hit uf !ilt ',r 11 : i I the raltin of 1i to I, wI- h.v :-iil I.: that o tu o u g ,I It ' iaiir uiI fl; i !i ntl a , i t aatn I i *If t ht i h i 'e two lIm ih"f ' tl 4f I-nl ld t ild h It i[i t ),it o l ; " illiif I hi' ti l i :41' c-I i . i or w ith th l:i l r ulit, itl . If th' , c:iuI : , tilt l 11 i itli- r l- 11u l ill i 1 4' I I lh i t 1i ' 1 ti t x, ' i :1"i Ilir fl Ia. S 110 t lh r' N ili " ti i p 1 1 i ll "t .li i l i 1, . ) itid o t I t.on Ell rrsf i'itiier' t.'iil tli l l' d iI" i ,At a ti l to O iitiote Ith11 he wial hi v hcI I fh I '; '. a el w hi ll i t: , i'il !,hall other onnl . it i,. " le nl ' ftlhili i r ,, i". :I1 V1} . ,p i l It i ll , I lli tIIct I c it ' vi I'l h hlfl ellionl ,Il'irr (if lh, P 1 tleti + t hl' e If . iil o hn l i ' o t e l uhi i in,. th e i t I I lit s atnllth , l to s.t ll ono tlhat hl will It ivi id n the chleap 'r tnl1 if oar niial i ih i rc , w cptii ly l h,'lapt- Ihnn he oi- lh r; hiut f Ii f hr do inand thee: o ri al ed for ,he vtliip I]it -i I rt t nl tae l w ill t'liit.' it -it .hilt ' "til f e t u lpsbitcd densatu~l fur I-if ng tal to ti will lovwer it; price .. u l!l r,'lts' inls: me when the cr flitor Its 1" plition th i o ft ll l are Il11a-n a111 lit;t , r ', lan it, whn the drtor hla th, option, thi Conti IeIltals artl' ht'hil tiigilih i alot oximnt10 IYt .": Iit I the I ':tio, r ed hIby law. iproviddlt IhII' ion dplnnllnd t'ntl d ll ii r i l t to ahplry lh t l rall of hb th tl :ta Iittrt int a l at t lo n it tl nin t. M riity It . thrrig 'ftl ', f i th'e ht l hI'11i nitsI ll vin ag thie opt io t . .:' i I:y ll - ' n dr ohtor. ldi ed thirtd I':t It no ll oti lli il thi ng r real hiltu r llll ,'lit iof !ir tllhl 1t option is t ,xer'Visý;. f' y It' it, Hle 11h111} !xo i'el, of flip option i y tilh dlitttrl' I01 'o ('on plls fhl , twritllnr ril".'" ,. Wvh 'ih'l :1(1 f doinmle le or furll t to, t so e,'rt ther' A i'Ogt rslu' t: lfi, it l hiiptti by hl-'tillrestt It ip golld and stlver at the ler g l rati. - ll fl wherr : thi mid'ht nd i profit in rdt d1 of riving ole oftne lho l th a ii o ;i p t'r ptill t fet If they ouli It hein iidemand lhe denp ' i Iel metal. i nt I ebttors antd 'rt or U. I II Ited "The right of ithe deltnr to chnoso i Sthe roin In il which pIaImenit ehrnll I. h1 ltlt or lit extends to ohligaltiona dtie fl tn a hain government, ios we'll as t1 con teI x Ts. ntracI howrf n lndividuils. A gl ver'r)- , maint ohlign.tior is simply a di;It due hh e a from nll the people to e(' of tnhe' awo ht "plec, and it is impotrible to juItify n re f policey which Inake the intrc::l of ill fcan the oll person who holds the ob, ilg;lton Iof must be alnxed to pty i. When plvrio i prin-to 187;1, ilvrr was t plr oemiun in was t o ne- ner ltrlltended that natiolnal honop o i the required the paynlwnt of gov'rllnl'lnt esP. . 7, obligations in silver, and lth ' at lhlt w, us agl resolution, adopted( by congress n in ather 1878, expressly asserted the right of the I'n dard United States to redeenm cln obliga- ibe ride- tionu in standard b llver dollnra, as well lpo t the as In gold coli. l Me on of "W are told that any attempt ulon olu hin the prt th m the governrment to redrlc h ie must int' obligations in rhiler would puIt a is iorms po;ermim upon gldl, blut why hcul it? St sted The awn of Francu e exercis the righl er ney.' to redeem all balllt pnpPr in either gold on Avet- ior slver, and yet Frantce mlintainsta e theal rn in parity between gold and silver at the gr on of ratio of 15t/ to 1, and retains in circeu- w rela lation more silver per capita than we large- do in the United States. "ht to "We contend that free and ulnlimited pr ue of oinage by the United Staes alone will of est of raise the bullion value of silver to lis ballot coinage value, and thus malte sliver di deaa- bullion worth $1.29 pder oune in gold i Itand- throughout the world. This propost- a ave a lon is In keeping with natural ilawo, luable not in defiance of themr. The best rn the iknown law of commerce Is the law of t tdig- supply and demand. We recognize erted, this law and build our argument upon t the It. We apply this law to money whsent arrow we say that a reduetion In the volume u y that o money t ill raise the purchalill p -1 re- power of the dollar; we also apply the y and law of supply and demandl to silver to tra of when we say that a new dtemand for Amer- silver reated by Inw will raise tihe onem price of slver bullion. Whers the Itlmetaellltt tl ffer. "The only quesfion upon which In- t r, how ternational bimetallists and Indrlend under ent bimetallists differ Is: ('an the Soalur United States, by the free and unlimit ation ed coinage of silver at the present lergal n the ratio, crcate a demand for silver, which, though taken in connection with the demand h r ap- ready in existence, will be sufficlent ly see to ntlltze all the silver that will be pre which sented at the mints. They agree inthe!r those defense of the blmetallle principle, and value they agree In unalterable opposition to the gold standard. The Intertational tments btmetallists must rest their opposition led up- upon one ground only--namely, that othem the supply of slever available for coln sterty, age Ia too large to be utililsed by the alone. United States. d our "In dscusslng this question we must r those consider the capacity of our people to ruch as use silver and the quantity of silver protect whioh can come to our mints. If our of our mints are opened to free and unlimited reaping coinage at the present ratio merchan 181sys. dise silver cannot come here, because ears to the labor aliplied to it has made it their worth more In the form of merchandise h the than it will be worth at our mints. All made sllver-using countries must atisfy nta their annual needs from the annual product; the arts will require a large amount and the oldl-standard coun b tr ie will need a ceasiderable quantity for subsidiar coltage. We will be re in o oted to eati o1kt that wrhich is not elsewmt heI bat it we :~rtad ag1 at it 9ther mtn', w 111l b T Ifnl w 'i d by t' :r . l')"' tint- t IIn ( In i i.r' : i ll IlI' "'11f 11l 111 1) c to c'' -:,? n,' , io % 'I', ''lle . T I .: 'olljedtlrllr i t '! y fr ld eI'., ti n iiMi i,, tiii n 'y f r f 1hol 1fi' n 1irit: .I1r .r ' . 1:, l l 11 liri i' all tof 1l!i . I! l t :h , It ,' v till l h:I 1;. I'. ; f' ( f'r$-l :ll'. ' fl l :l ' iv "1 ('','' I ; t otil I 1 Ill fir lil V (7 1 - t I I .; tI h; 't i 1 I1 :1,! n 1 1 full l Ufi t It ;.1f 1x1 ,1 1 1 11, , i d : 11 i;1 ~ 11:" th, I ll" r : i.1r 1 : ri l l'!fif I ' '11f nl' ' f t ' i ll"'flfll l .,fi ,,f l ill 1lll! i ' '.1' :1 I, ..t f'f1 . ' 1' i, ' f,'11 ' '1 f 1 . ' hlt 1:- fI ,ll; 'it a 'll ' , t ' il f l i w ore c, : 1\i-" kii b : i , ," i, ilo 'l' 1I I 1, 1 nf giol' i. T'f i, lit , .I . if ,.i I , Ill, 1 II' f ' of !{:1 11. l : ;t' 1 .'i lit, ,' I ' ,i i; " 1 i, I V ft tr,. by ht fi'h a i 1,h1 i. i ff, if; f l!, i'.'fihi h ,, ill ff'r'l if filthl I :1 if I ' f if i 'h1 r :in i fii Ii( I ,, ' i (r i '; 1 ': 1 1i ; l aIl1; 11' IfF 1%pi\ii ';fl nl 111f :1f f ifia 1 tIf ri fl f1 '1 in wiy Ipi oit n ": 1i,,, y1', . 1n ' ', r uii tia ifll: lf f fgrfI ' i' lli l Iili. dlia' il'l h. f 'r fil h , a in n ' ft i fl ' lr ail tIi l tl I i ! 1ff ffl" i i. 'i l f fi n, rll' f' fi, 'iil t'hai tfli' f fll i tie 1 l u pri' ilv r s i _lf ii ; tl 11 .if If'll i t f f l 1iT , ti , ill, 111 "1l fil ti o ;t f Illr n I I It f i ' ilit 1 of alletiT ih ti ini olei' d ti1 pr'1, ,.. w i tii . 'l li l in , , wil v lr i 1 ( b r it o . om ii 1d Ito a i.n l s plhic, Not oitly il A l ,1 ,',h - pil t',of a vl i lrolillt the In tl lil t t ol l r- w vi ( lt rffmi d in ff lv e filr ihg I ' do lla' ti T hi r, 1ff if ly onli wliy til II p the ' in i if l tih'it it. Io l iii op f:i ligl l ri' :. f 'f h i'hl rfto r llin n fiililiaI:, Not I l li 1xi 11 w ill l di ll t it nly Ffn'to pf falling, hl itt IT S l w ill ltf if' in 11r11"'1f f f' t lo i y rh i o - l dulring Ih we'l, demni for gabl1 1. (ol l tli.f t(,lil ilt llr Ulhio , rllln aI( ll I nol' 1, in'I St l hE ' f hf il we li fFrO ti t lill' S.he ' 1 1yf',,' Iif . bl init-' to sf tio i ll I i "fffll i t l t clrfo fiigitls f' i fll'.a i'iif 11f Iof ath (f hivel l w ' iiel;tlh ill i nt Pr ; t i 'i 11 r :x1(tf11i f fofpr off'f pricif by in- gfiil f if i fif l tille' f oiltli wflc't ifi fotr gfi f. w"l if Agfai rt tff w'il-t'9no if,,hfrf.* 'taln . t ha it 1 I'li lith1l till' m or f p, l ',h ilfItfi lt. fiii'- ig iiff'i tdn l fll i 1' ' f.it ti f iiair t o 1".rI l l )n l lo, 'Fof ft l f l I ri ;llf ' ''if ill' 41 sil lff o1 ha i1 n ld If of (11 l to lir mnlin r I' tI if 'f f f ro f' it f Fh a F af lhe tifih l' lP i tg,' S1 htO t ill gi f 'no f'l to1f o w thh' wic ' ift ht f'ficonilil 1fft ail't eilifh' Tld , ' ss fny thlifh nilvc1r ifn Iloftrderd o!minl hius I ith outllr to tli llr. I T 'lifh wh' 111 f'Ill the malu'l ty 0il If'''th rile l rW ti P it 1'o w l 'o(li n oint to Mixl,,o andf i :fFfrl o hat the eplctiny ' of ho ifour I niifi tf!i tcotifln to frityr hgt - , and rai' l ,-i g hl 1 o4 a pri'' itu1 . It "It i LbIiI to t(le :'hlmre that lho IUntd i Iit" tntet' is not. able to dlo anything whh'h ih rMexica o han failed to nco!nilpllh. Theo o oll of Ire thing necessary in or;der to maitn- to1 aie tn tile parity is to iftrnluh a dtemanl the dlufnft enough to utlllzo ttll the silver l'c- which will come to the mnluts 1 Au to ('oft i? I'rilllctlon, w"in reply to the arg itmnt that Im itMt roved macuhlnery 1a 4 ltfo sened the cost 11 Sof producing sliver, it sl s mciednt to y its that t dut y the rahme is iru of the pro le duction o gold, ind yst, notwlthstnld- t old ing that, gol hIm risen in valuef. As 1 a0(1- matter of fart, tlhe cost of production i' the ndoeis no t(letermine the valne of the l best precious metals, except 1s It may affect 0 w the supply. Ia , for Instance, the cost f fr of produlcing gold Iould be reodureded 9 l O per cent, without any Increase In t the on ipuf, the purchasing power of an oine o on f gold would not fail. So long I 14iig as there is a monsmar'Y demand 14111- 1 the cifnt to take at. a f6(ed mint price all illf' the gold anti til Ir' producedt, the cost I Ifor Or product!ln need not be conllrlered. Tho Mina O}wner N, i )peeI1ll tlenleflted. "!t I': il a;;'ertifd by our opponents that the ,e'e cialllige, of silver is In n- tended only for the benefit of the mine n- owners, !k miust be rmeml eredl that the flee coinLgc (e cantlo: ro.;tore to the mine nit- owner any mor, than the demonetiza gl tion took away; and it Inul:;t also be hch, rememberedrl tLat the lo::a; which the dem e imoictlizatlon o 1f l'ver hafi brought ent to the mine-owncir's is ifilgnlflcant pr- comparedl to the 101r11 which this policy has brought to thile rest of the people. a n The restoration of sliver will bring to in to the people generally many times as inal mIuch advantage as the mine-owners tion can obtain from it. While It is not oin- the purpose o2 free coinage to espe Sthe cally aid any particular class,yet those who believe that the restoration of sil must ver is needed by the whole people pe to should not be deterred because an In lver cidental benefit will come to the mine four owner. 'The erection of forts, the ited deepening of harbors, the improvement rhan- of rivers, the erection of public build e Ing8--all these confer Incidental bene de it fts upon individuals and communitlea, andise and yet these incidental benefits do t. All not deter us from making appropria ttaify lions for thrsi purposes whenever such nnual appropriatipns are necessary for the large public good. The argument that a sil on. ver dollar is heavier than a gold dollar, antity and that, therelore, silver is less con be re- venient to carry in large quantities is i not completely answered by the silver cer tRad tiUcate, whleh Ia sa easily carried as L. t:rlld erti t a o any other .kid tllIE thVf heIuntº of ubir.tanlllnm. objeat to ce ln:lg at the pt,'re nt atino . It :'icy iare dec'rliv'd by this objection, ''",v oaiight to r r'(ll"tillf that thre are tI i1 :et;,h ll.tsl: w o ar( ' e:I r :'ly Plil m'er1 n'tl . lo st ralel i' 'It arny )th '.r ra i lt l 11i ' to 1 \\'' I "' pp ' "I'd to ;, ::y 'h l.'ge I the rat ii' fr t wu eal" F" 11 ric Mc i t Not Chlnnge ltrtlol "FI'ir. t, ht , ;I, ' r i th:,le Iwo.lli l pro -(,lrn ) l, ll i uti.'lls , P(. i:tch -w rt'owl i. ho SIl:,;1 il n v l the r ltln i rio nec I \ Ii A i h ni .' wa lI l,, si)t e i n in . i Jo ll n}'orn t. i c" itr " tion il the vol I llll ( ;111 (l;lli l t 'y. T hw, (I w ho I;I nII ,'illirc Ia sI;h I.'on ini Ii ' ratto :' , n1 , rallyv 5Ia . !IV 1, Ibntl Ih l' silver ill u I" lPA hl it It rins I is ill iha i ' were i: ci' i. w !(] th i.. 5i!,' rthe I.te " inage of f'l, r hilli,,nI ; of 'l 1 'r into two bil a lioi, of ,dtillr'ls I th ( t would be' an I Ii ' l tl , loiv , Ir twIr l 'illimta of h ol h.', diitielr t i n it''a i tli;. t or io the gov trn ll';int, h t tl,l ' ,ii i, h I',ou the 'lea t of the injury. S"T'h : "P llttrar''tl n. tI, '+,l reasing the vale onf thn ' ,(ll t lr, wtt' ti virtually in ivienre ,tC hd 0t: ,of lh v orhl illions o 'r ,illurls IST l der, ' 'a illi more th' it " of hill pr ,pertly of the world as hti c-.iuri'ed by do,llrs. lr!,des; this Im mtilate r :i;ult sn;u'h ' chan e Il the rnal tio woull' l lt i l pllretly do creae ithe of mIIne, Il cause ithe annual adlveal Sprodut' whern morned into dollalrs twlie ia hr,(* wvuuh1l make only half as many dollars. "In 187° Mr. Carlisle sidh: 'Mant lo Ind will be fortuni te' indeed if t th nnI11ul production of oeil a(' nd silvei 'hin ,uhall Itryp pluat' with thei annual inlrea.l s ofi poplllation and ild ustry. I, 1'epa (i tis lls IIl1(' io l v. i oi t Easier to Get Gold Then. "We are tlhl thai t th' reto1ation ol hiiin taill+,nm woult hr a har ;lhiDp upon lhi-i (le who have ente re'd into contracts f ;payable in goll coin. but this Is e mistake. It will i1, ti,.,ir to obtain the gold with whih h to meet a gold contras{ wh('lcn mo;(; ( it 1?¢ Nc('i'ic at'a use tllvel than it is now vhz tvery one is try ing to s(c, re gold. '"Sos' of the n.mr. gnlous opponhentl of fl-re ,oilake point to the fact than' S llil lt'i'n I, ' olbll( tl pH f'laone botWeO , 'r in1 of C'onlgr,'m , ani d t1 e'rt that dlur iun that tme, i n chse people declare i, mselves in favor of free colnage, y ,t ionane will lie withdrawn and all tire mortlgagesr for closed. The preaslden i: , powered to (colvene congrtess In ( .tri ort1inary session whenever th¶ puJ'ic good requires such action. If, il Nov ember, the people by their bal lItI de'lare theiOielvl ''a in favor of the r m11,diatet restoration of binetalllsmt Ilhe Pnstoem can be rln::gurated within ai few months. ,ll "If. however, the asertion that loans 01' will be wit.Ihdrawn and mortgages fore: 11 c'losel is made tot prevent such political action as the people may believe to Sbe necessary for the Ipr5eservation of ity their rights, then new and vital lssute it is ral;'. Whenever it is neccesarty to for tl,, , jeople a a whole to obtain of concnt from the owners of money and the ('hangers of money before they can It legislate upo n financiald qulestions, we ed lihall have patssed from a democracy to i'h a plutocracy. But that time has not 'h yet arrived, The people who in 1776 tin iejected the doctrine that kings rule 1by divine right will not in this genera. lr ton sutbcribe to a doctrine that mone* Internattonal fillmetmlllm. "We are not opposed to an interia. ost lional agreement, looking to the roe* to turatlon of blmetallIm throughout the o.world, but we are not willing to awai9 d- thl pleasure of other governments,WheD As immediate relief is needed by the peo ton le of the United States, and thef he further believe that independent action ct offers better assurance of inteornationfl t blmetallism than servile dependence ed upon foreign aid. How long must we in wait c for bimetalliem to hbe brought to an us by those who profit by monomettl", lng l11sm? If the double standard will fbt- bring benefits to our people, who will all deny them te he right to enjoy thos) cot benefits? In taking this proposition ed. we limply maintain the dignity of 70, 000,000 citizens, who are second te ret tone in their 'pamtlty for self.govera in- mont. ne "The golh setandard haa compelled hit the American people to pay over in n erasing tribute tu tho creditor nationi za. of the wordl-a- tribute which no one eb dares to defend. I assert that nation. the il honor requirs the United States ght to secure justhice for all its citizens aS aot well a to do justlee to all its creditor& ic (Gre,.tlngN :rnm the West. ple. "Citizens of ltew York: I have n to traveled from tl', center of th con.e as tinent to the se board that I might, t ners in the very begini'4ng of the campaign, nt bring you greetingl from the people ou spe- west and south, io td assure you that ose their desire is not to destroy, but to ifal- build up. The adoceates of free coin. ople age believe that, ie striving to secure t in the Immediate rest ration of blmnetal Ine- lism, they are laborlig n your behail the as well as in their oton behalf. A fewl ment of your people maony prosper undet ald- present conditions, b'a:t the permanent ene- welfare of New Yorr rests upon the atica, producers of weai.) The great citp, Sdo is built on the comn ;'-e of the nation a- and must raffer if th, t'ommerco Is Imo such paired. You cannot sell unless the the people have money with whih to . sil- buy, and thby cannot obtain the manen olar, with which n buy unless they are able con- ts sel) 'he,; $roducts at remunerative es is prices. You carnw afford to join the er- money ehangers It auppOrt of a flaa* I u c1il pollfy whblch, festroying the kIki I baseag pover of t*e