Democratic watchman. (Bellefonte, Pa.) 1855-1940, September 25, 1896, Image 4

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    Too Dear for General Use.
Candidate BRYAN presented, in a very con-
densed form, the essence of the money ques-
How Silver Will Get Into Girealation.
tion when he said, in his speech at Wash-
ington last Saturday : ‘The gold stand-
ard is bagl because the man who has nioney
can profit by the risein the value of that
money without using it in cominerce or
trade.”’
The value of money has been rising ever
since gold has been the only standard, with
the result that it has been more profitable
o - - Epitor. : :
working as hard for it as you do now ?
T™ nf] QUOT IQ iQ
Democratic National Ticket. The answer is this.
FOR PRESIDENT
They say, suppose we have free coinage of silver.
From a Speech by Wo H. Harvey, Author of Coin’s Finaneial School.
It will only benefit the silver
hallion owners. How will it get into circulation. How will you get it without
When the silver bullion owner takes it to the mint it will
be coined into money and hauled back to him, or, the paper representative, repre-
sentative money, wiil be handed him, while the mints coin it later. The first thing
WILLIAM JENNINGS BRYAN,
of Nebraska.
FOR VICE PRESIDENT
ARTHUR SEWELL,
of Maine.
Democratic State Ticket.
{ to lend it than to put it into productive
| business in which there might be a risk.
| The consequence is that the money lender
| has flourished while the business man has
! become bankrupt.
By making money scarce, as has been
he will do will be to pay the railroads the freight on it; this part will go into circu-
lation by being paid to the employees of the railroad, and from them to the board-
mg houses and farmers, who supply the boarding houses, and to the merchants,
where the railroad employees buy their goods. He will next pay the smelter that
smelted it, the refiner that refined it, and they will pay it to their employees. He
will next go up the mountain where the miners are delving in the ground and he
will pay the men in their shirt sleeves, the miners who have mined it, he will pay
done by the demonetization of silver, its
value is appreciated. It is made too much
of a luxury, instead of an article of com-
YOR PLEGTORS AT-LARGE, mon use. Itis converted into something
THOS. G. DELAHUNTY. that brings a premium which is counted by
THOMAS STERRETT. | the bond-broker and money lender, the
> 2 frame | consequence being that industry and every
ee day business are denied the share of this
motive power that is necessary for their
| operations.
| Is there any mystery in the fact that
FOR CONGRESSMEN AT-LARGE,
DeWITT C. DeWITT, of BRADFORD.
JEROME T. AILMAN, of Juniata.
FOR DISTRICT ELECTORS,
John H. Keenan, John M. Carroll, |
Albert M. Hicks, Chas. J. Reilly, |
Samay 4 Len 5 4p Hol | when money is made too dear for general
Thos. McCullough, ucien Banks, . : :
John Hagen, A. J. Brady, use, as it has been made by the single gold
Michael Delaney, George W. Rhine, standard, stagnation prevails in every de-
the owners of the burro trains that packed it down the mountains.
the manufacturer for the machinery that hoisted it out of the ground, and for the
powder that blasted it from the earth, and when he is through putting it into circu-
lation he will be a fortunate man if he has 10 cents on the dollar left.
He will pay
Letter of Umted States Senator J. D. Cameron to
National Republican League, June 11, 1894.
John B. Storm,
Thos. A. Haak,
Chas. F. Reninger,
Chas. H. Schadt,
Thomas R. Philips,
Chas. D. Kaiser,
John K. Royal,
William Stahler.
Democratic County Ticket.
John C. Patton,
William Weihe,
Samuel W. Black,
Judson J. Brooks,
John J. McParland, |
C. H. Aikens, i
Seymonr 8. Hackett, |
FOR CONGRESS,
J. L. SPANGLER.
( JAS. SCHOFIELD.
{ ROBERT M. FOSTER.
For Sheriff—W. M. CRONISTER.
For Treasurer—C. A. WEAVER. !
For Recorder—J. C. HARPER. !
For Register—GEO. W. RUMBERGER. |
|
ForCommissioners— { IR EAR |
For Assembly—
{ FRANK HESS, | any other nation.
i swered as follows:
For Anditors— § B. F. KISTER,
For County Surveyor—J. H. WETZEL.
For Coroner—W. TU. IRVIN.
|
A 8100,000 Steal—Curtin and Womels=
dorf Will Vote for It.
In the event of the Republicans controll-
ing the next state Legislature with the
great majority that characterized the last
one, there will be no limit to the jobbery
it will engage in, and no restraint upon its
disposition to squander the state funds.
It would have every encouragement to
adopt such a course of extravagance, for its
members would not be illogieal in conclud-
ing that they were sent to Harrisburg for no
other purpose than to waste the state reve-
nues, if after their disgraceful conduct of
last session the same party were entrusted
with the same power. !
With such encouragement of extravagant |
legislation the ingenuity of such a legisla- |
tive body would be exercised in devising |
schemes for spending the public money.
There are henchmen who have not been
provided with official places, and new of- |
fices would be created for their accommo- |
dation and the greed of those who have
been put in office would demand bigger
pay. Why should this not be done, if that
which was done by the last Legislature in
in that line of official extravagance was
not reproved by the people, but rather ap-
proved by giving the same party a chance
todo it again ?
Among the profligate schemes there will
be an attempt made to pass an appropria-
tion of $100,000 to pay the expenses of
MATT QUAY’S sham senatorial investiga-
ting committee. When it was appoint-
ed it was given out that it would
not cost the State anything, as it
was represented that the citizens’ commit-
tee of Philadelphia was so auxious to have
the municipal rottenness of that city probed
by the senatorial investigators that it
would furnish the means to pay the ex-
pense. Investigation was never intended
to be made, and nothing is heard of parties
in Philadelphia willing to foot the bill.
DAVE MARTIN says that he was approached
by QUAY with the offer that if he (MAR-
TIN) would help to influence the Legisla-
ture to make an appropriation of $100,000
to pay the committee its alleged ‘‘investi-
gations’’ would be stopped.
The upshot of that disgraceful and cor-
rupt farce will be that all the parties en-
gaged in it, the MARTIN faction as well as
the QUAY gang, will unite in getting a
hundred thousand dollars out of the state
treasury and divide the swag between
them.
Will the voters of Centre county send
two Representatives to the Legislature who
will assist in that kind of appropriation ?
- CURTIN and WOMELDORF will both vote
for this appropriation if elected. Governor
HasTINGS will favor it in order to secure
QuAY’S good will in his senatorial contest
and to help HASTINGS, the members from
his home county, if Republican, will be
expected and required to support this out-
rageous steal.
Are the tax-payers of Centre county
ready to say that $100,000 shall be voted
out of the treasury for such purposes? If
not they should, without regard to party
feeling, vote for Messrs. FOSTER and ScHo-
FIELD, both of whom are pledged and will
vote against this appropriation.
——A gnake crawled into a church, near
Morgantown, - W. Va., on Sunday, and
caused a stampede of the congregation that
had assembled to hear the regular Sunday
preaching. Snakes are devils in disguise
and that is just about the way his satanic
Harry Alvin Hall. of the public crib. Think you well before
' voting, for then you will cast your vote for
| the stalwart young man from Huston.
majesty is doing every day, stampeding
the forces of the church. It would not he
so if there were more christianity and not
80 much hypocrisy.
i begin te think this matter over.
partment of business?
-———W. M. CRONISTER has as his op-
ponent for sheriff ABE MILLER, the chronic
office seeker, kicker, and feeder on the fats
Bismarck for Silver.
He Says That Free Coinage by this Country Would
Have a Salutary Effect.
DALLAS, Tex., Sept. 20.—Governor Cul-
berson, on July 1st, wrote to Prince Bis-
marck, asking for his views on himetai- |
lism and the likelihood of the United States
Government being able to adopt and main-
tain such a financial policy independent of
Prince Bismarck an-
FRIEDRICHSRUE, Aug. 24, 1896.
HoXNORED SIR:—Your esteemed favor of
ways had a predilection for bimetallism,
but I would not, while in office, claim my
views of the matter ‘to be infallibly true
when advanced against the views of ex-
perts. I hold to this very hour that it
would be advisable to bring about between
the nations chiefly engaged in the world’s
commerce a mutual agreement in favor of
the establishment of bimetallism.
Considered from a commercial and in-
dustrial standpoint, the United States are
freer by far in their movements than any
nation of Europe, and hence if the people
The single gold standard seems to us to be working ruin with violence that noth-
ing can stand. If its influence is to continue for the future at the rate of its action
during the twenty years since the gold standard took possession of the world, some
generation, not very remote, will see in the broad continent of America only a half
dozen overgrown cities keeping guard over a mass of capital and lending it out to a
population of dependent laborers on the mortgage of their growing crops and unfin-
ished handiwork. Such sights have been common enough in the world’s history,
but against it we all rebel. Rich and poor alike; Republicans, Democrats, Popu-
lists; labor and capital; railways, churches and colleges—all alike, and all in solid
wood faith, shrink from such a future as that.
: i % * * %* i #
A vast majority of all parties agree that the single gold standard has been, is and
will be a national disaster of the worst kind. What is still more strange, almost
Nine-tenths of mankind are hostile to the,
single gold standard. Most of
the great European nations ahd their governments dislike it. South America re-
jects it. The whole of Asia knows only silver, and India, which contains five-sixths
of all the subjects of the British crown, is as hostile to it as ourselves. Yet the
bankers of London have said that we must submit, and we have submitted.
So strange a spectacle has never been seen in our history. Argument, and even
the compulsory proof brought by world-wide ruin, seems to be helpless against this
the whole world sympathizes with us.
Our 70,000,000 people are unanimous against it.
astounding power.
pleasure paralyzes mankind.
* * * *
What is the use of argument when we are all convinced; and
when at least nine-tenths of all the civilized and uncivilized world agree ?
holds us to the single gold standard by the force of her capital alone, more despotic-
ally than she could hold us to her empire in 1776.
England
The mere threat of her dis-
The whole agricultural class, the whole class or classes of small proprietors, the
farmers that make the bulk and sinew of our race; the artisan whose interests are
bound up in the success of our manufacturers; all these join hands with what is
left of their old enemies, the landed aristocracy of Europe, to protest against a revo-
lution made for the benefit of money lenders alone. ’
Showing Its Effect.
of the United States should find it compat- |
ible with their interest to take independ-
ent action in the direction of bimectalli=ni,
I cannot but believe that such action would
exert a most salutary influence upon the
consummation of international agreement
and the coming into this league of every
European nation.
Assuring you of my highest respect, I
remain your most obedient servant,
BISMARCK.
CAL. WEAVER is a man whose
honesty and integrity no one disputes.
‘Whatever of success he has made of life has
been gained by dint of hard personal work.
He is making friends in the county and
should be the next treasurer.
Odious Discrimination.
All kinds of rail-road discrimination is
odious. The kind that gives one class of
shippers the preference over another is the
rankest injustice, and is directly forbidden
by the constitution of this State, but Re-
publican Legislatures have failed to pass
enactments to enforce it. It is the kind of
railroad discrimination that has made a
small class of men enormously rich and
broken down the business of others. Mo-
nopolies like the Standard oil company
made their immense accumulations through
this kind of injustice.
But there has appeared in this political
campaign another kind of rail-road discrim-
ination, equally unfair and quite as odious.
| Every accommodation and facility has
been afforded in carrying the pilgrims to
Canton to hear MCKINLEY drivel the mo-
nopoly doctrine of protection to the wealthy
interests, while it is with the greatest diffi-
culty that rail-road accommodation can be
secured for those who wish to attend Dem-
ocratic gatherings where the interest of the
people are advocated.
The money power, in which the rail-road
companies and other corporations are in-
cluded, never before made so open and de-
termined an effort to control the election,
and never before did wealth so offensively
display its intention to govern the country.
——At the last gold meeting in Philips-
burg Congressman W. L. HICKS, of Altoona,
began his speech by building a great pro-
tection wall around the United States,
then he concluded by tearing it down
again. The Congressman must be follow-
ing in the tracks of the great Duke of
Yorkshire, who marched his men up the
hill, then marched them down again.
-——MEYER and HECKMAN are the plain,
practical men who ought to be commission-
ers of Centre county. It is not too soon to
Get them
in mind and keep them there until you're
sure they will be elected.
acquired zeal for the abominations of Mc-
KiNLEYI=M, which it used to view with
alarm and point at it with abhorrence,
| charges candidate BRYAN with effrontery
lin claiming that the nomination of a
candidate for President on a free silver
platform has been bringing gold to this
country for the last few weeks.
But why has he not as good a right to
make this claim as the goldites would have
to blame his nomination with driving gold
out of the country if the yellow metal were
going the other way, which they certainly
would do? The fact is that gold is being im-
ported in unusually large quanity since the
free silver nomination, a fact that at least
refutes the gold-bug assertion that the mere
apprehension of free silver is enough to
turn the other metal in the direction of
Europe; and indeed we can not see why it
should not justify Mr. BRYAN’S claim that
the gold is coming in on account of his
nomination.
We are not willing to agree that when a
good thing is in progress the MCKINLEYITES
have the exclusive right of claiming that
it is the result of something which they
have done. When gold is coming into the
country and manufacturies are beginning to
start up why should it not be attributed to
the prospect of BRYAN’S election ?
The County Ticket.
The nominees presented by the Demo-
cratic party for the various, county offices
to be filled this fall constitute a body of
men, whom you might do well to study
up. As compared with those who have been
pitted against them by the Republican
party in the county they are men eminent-
ly superior in every respect.
The gold -forces recognize that there is an
overwhelming sentiment for silver in
Centre, which is one time they admit the
truth, but you should know the trick they
are going to resort to in their effort to
carry the county. It will be their plan to
trade votes for BRYAN in return for com-
plimentaries to different .aembers of their
ticket. Thescheme will be so well worked
that a different trade will be offered in
every precinct in the county, so that it
will have the effect of electing their entire
ticket.
What we want to call your attention to
is this. There will be a handsome natural
majority for Mr. BRYAN in the county and
it would be #oolish to try augmenting it
| by unnatural means. Men who will vote
| for the silver candidate for President ought
to do so from pure conviction that they are
voting for their personal benefit. If ad-
vances are made to you to trade or make
deals, remember that there will be duplic-
ity and that, above all things, the county
| ticket ought to be looked after.
Read the WATCHMAN.
I ehureh.
Bryan at Divine Worship.
The Philadelphia Record, in its newly | At the New York Avenue Presbyterian Church, in
Washington.
WASHINGTON, Sept. 50.— Accompanied
by his host, Mr. Bryan attended services
this morning at the New York Avenue
Presbyterian church. The announcement
of this fact attracted to the church a num-
ber of persons not accustomed to worship
there, but the edifice was by no means
ferowded. Mr. Bryan was not a stranger
to the members of New York Avenue
Daving his congressional career,
and while Rev. W. A. Barlett was pastor,
Mr. Bryan was a frequent attendant upon
his services. He usually escorted his fath-
er, a tall striking looking man, who was
blind or nearly so. To-day Mr. Bryan had
a seat in the pew occupied by President
Lincoln, who attended the church under
the pastorate of Rev Dr. Gurley.
Rev. Dr. Radcliffe, the pastor, had no
knowledge of the intended presence of the
presidential candidate until he reached the
house. There was only the slighest refer-
ence in any part of the service to the pend-
ing political struggle.
In his prayer the preacher asked that in
this time of commotion the Lord would be
with the people, and that the president
whom they might select would be one of
the Lord’s own choosing, giving the coun-
try ‘‘peace and honor.”
Mr. Radcliffe’s text was taken from the
story of Solomon’s dream, ‘‘Ask What
Shall I Give You.”
At the close of the services Mr. Bryan
went forward to the pulpit, as had been
his custom, and spoke a few words to the
preacher. Many of the congregation took
advantage of the opportunity to press for-
ward and pay their respects. As he left
the church there was a slight cheering by
the crowd that waited for his appearance.
John Bardsley Pardoned.
HARRISBURG, Sept. 21.—Governor Has-
tings this evening signed his name to the
pardon recommended by the board of par-
"dons for John Bardsley, the embezzling
city treasurer of Philadelphia. The par-
don was recommended by the board some
time ago, but the Governor would not ap-
prove it until he had gone all over the
papers. The pardon will be mailed to-
night and Bardsley will be freed to-mor-
row. Governor Hastings’ action-was based
entirely upon Bardsley’s ill health and the
fact that last week he sustained a stroke of
paralysis.
Bardsley was released from prison, on
Tuesday evening, and went, at once, to
the home of a friend, near Philadelphia,
where it is hoped he will recover his lost | in Philadelphia to-day than there were Ave
health.
Fitzsimmons Arrested.
in Arranging a Prize Fight.
NEW YORK, Sept. 21.—Bob Fitzsimmons |
was arrested at the Bartholdi hotel and | do not cat. (Laughter.) ] 5
| s? By increasing dollars-in | take the following table, which shows, to a
taken to police headquarters to-day. The
arrest was made on a warrant charging
Fitzsimmons with a misdemeanor in ar-
ranging a prize fight in thiscity. - Fitzsim-
mons was arraigned in general sessions
court, this afternoon, before Judge Fitzger-
ald. The court room was crowded. Fitz-
simmons leaned on the railing in front of
the judge’s desk and looked straight at the
judge. He carried a silk hat in his hand
and wore a Prince Albert coat. His man-
ager, Martin Julian, stood beside him, but !
he had no counsel.
Mr. Bryan’s
Republican and QGoldite Philadelphia Turned Out
to See and Hear the Leader of the
Campaigning Record
the greenbacks even if the government ex-
Broken. §
ercises the right to redeem them in silver
dollars instead of gold. (Applause.) When
they tell you they want a dollar that will
buy as much as any dollar in the world they
Plain
i places, -
| a gentleman said :
People as No Other City in the Country Has—
A Regular Football Rush Necessary to Get
Through the Crowds at the Lafayette.
PHILADELPHIA, ‘Sept. 22.—William J.
Bryan left Wilmington at 10:05 this
morning stopping at Chester where he
made a short speech and arriving here
shortly after noon. A crowd of about 500
were gathered at the Broad street station of
the Pennsylvania railroad and cheered
heartily as he passed hurriedly to his car-
riage escorted by the Democratic City com-
mittee. At the Hotel Lafayette, Mr.
Bryan’s headquarters, a small crowd had
gathered and cheered as he drove up. After
being introduced to the members of the
New Jersey State committee, Mr. Bryan
went to luncheon.
At 1:30 Mr. Bryan took a carriage and
was driven to the ferry where he took a
boat for Washington park, a resort on the
New Jersey side of the Delaware below
this city. - Arriving there Mr. Bryan found
a large crowd assembled in the grove. He’
was escorted to the stand and introduced
by William J. Thompson, the owner of
the park and a prominent Democratic
politician. A burst of cheering greeted
the nominee as he came forward and he at
once began to speak. .
In all Mr. Bryan’s campaigning he never
drew crowds of greater magnitude. The
Academy of Music was entirely inadequate
for the principal Bryan demonstration. It
was packed from floor to gallery. The
doors had to be closed early in the evening,
for the building would hold no more, and
those inside were pressed together. as
tightly as could be.
But the throng inside thd academy was
as nothing in point of numbers compared
to the packed masses inthe streets On
Broad street outside the Hotel Lafayette a
great crowd choked progress for more than
an hour before Mr. Bryan left the hotel for
the academy. Passage to vehicles was
impossible and even the extra squad of
policemen, who were sent to clear a way
for Mr. Bryan at the entrance, found much
difficulty in forcing their way through.
When Mr. Bryan left his rooms to enter his
carriage several hundred men, who had
been held in check in the lobby and cor-
ridors of the hotel, broke through the line
of guards and rushed after him pell mell.
With Mr. Bryan was Chairman Curley, of
the city executive committee, ex-Congress-
man Kerr, of Pennsylvania ; Congressman
Sulzer, of New York, and members of the
local committees. Several of these were
caught in the rush and failed to keep up
with the candidate. Furniture was over-
turned and a crashing of glass bore witness
to the great rush that marked Mr. Bryan’s
passage through the hotel.
The candidate was sent flying along the
corridors without regard to dignity, pushed
through a narrow doorway and raced to his
carriage by way of the Sansom street en-
trance, thus eluding the crowd on Broad
street. :
There was another crush at the academy,
but Mr. Bryan was finally landed on the
stage looking very much like the centre
rush in a football game after attempting the
flying wedge. Outside the academy was
another mass of humanity, packed deep in
Broad street and looping over into the
adjoining thoroughfares. It was a good
natured crowd and seemed willing enough
to be entertained by campaign orators who
spoke from trucks and other conspicuous
Mr. Bryan said at Washington park :
A speaker went from Philadelphia to Ten-|
nesee and told them the gold standardwas the |-
best in the world and that we had it for’
twenty years and when he had got through a
“Do I understand you to
say the gold standard is all right? “Yes” he
said. ‘‘Do I understand you to say we have
had it for twenty years?’ “Yes more than
twenty years.” Then he said: “Why are
we not all right !” (Laughter.) If the gold
standard is a good thing and we have had 1t
these twenty years why is it so many fail to
appreciate its blessings ? I will tell you. Be-
cause its blessings have ¢nly reached a few peo-
ple who like it. Lincoln was once asked what
he thought of a certain man’s speech. He
said : ‘I think a man who would like that
sort of a speech would be pleased.” (Laugh-
ter.
That is the way with the gold standard. A
man who likes that sort of a thingis very
much pleased with it, but the number who
like it is growing less each day. I met a
prominent man yesterday who said that un-
til the Chicago convention acted on the sub-
ject he had never investigated the money
question and never supposed there was any-
thing in it; that the papers did not seem to
consider it worth thinking about. They re-
garded it as a craze and he did not have time
as a business man to pay any attention to
crazes. But when a great national party
adopted a platform making the money ques-
the paramount issue he began to think about
it. That was only a few weeks ago. He got |
to be a crank. He said tome "If we don’t win
this fight it is going on until we do win and
I don’t care how many years it does take.
(Applause). I can’t appreciate the feeling of
that man, I went through the same experi-
any man who talked about money was a
harmless crank, I did not listen to his argu-
ments. They had no weight with me. Six
years ago I began to study the question, try-
ing to find out what was right, because I was
taught to believe if a man would ground him-
self on what was right he could wait for
other people to come to him. I wastaught to
believe no man could afford to be wrong no
matter how many were in his company. I
studied the question, I read books on both
sides and compared them and the more I read
the deeper became my conviction until I be-
came so firmly of the opinion’ that there
could be no prosperity in this country until
free silver was restored that I was willing to
risk all I had or hoped tohave on the correct-
ness of that conclusion” (Great applause.)
products here largely. Where do you get
your consumers ? Wine out the farming pop-
ulation and where will you ‘sell the goods
you produce? You virtually wipe out the
farmers as consumers when you drive down
the price of their products so they enly real-
ize enough to pay taxes and interest. You
have many truck farmers. When they take
what they have to sell into town they * find
the market is rather dull and what they get
is small compared to what it used to be.
Does it mean the people of Philadelphia are
| their taste for the goods you produce? No,
| there is as much good taste as ever if they
I could get a chance to try it on Sopsing
; ; {| How are you going to increase your markets?
On a Warrant Charging Him With a Misdemeanor | By A of people able to
| buy what you produce? Will you do that
i by making dollars dearcr?
| or silver or greenhacks.
not as hungry as they ever were ? I venture
the assertion there are more hungry people
years ago, Is it because people have lost
No, dollars do
They devoura good deal but they
How are you going |
not eat.
to create markets ?
say they want property as cheap here as it is
anywhere in the world. (Applause.)
The gold standard ucwspapers think we
won’t be able to get silver into circulation if
we have free coinage. 1 want to tell you
they will be mighty glad to have subscrip-
tions paid over in silver dollars, if these peo-
ple whom they have been trying to destroy
in the interest of foreign capitalists will con-
tinue to take their papers into their houses.
Mr. Bryan continued : ‘‘Against this wait-
ing policy with twenty years of adverse ex-
perience behind it we offer an aggressive pol-
icy, by which the United States will lead
the nations of the world to the restoration of
gold and silver as money. You say it is
American to brag about what we can do. I
reply that it is English, you know, to think
we can’t do anything. (Laughter.) We
have reached a great crisis and the question
presented to the American people is, shall
the United States have a financial policy of
its own, or must the people receive their fi-
nance ready made from some foreign land.
(Cries of ‘no, never.””) Itisa question up-
on which much will depend. I beg you when
you vote to consider the responsibility which
rests upon you, and so vote that you may tell
your children without a blush for which
policy you voted in 1896. (Applause.)
A Kentucky Banker Gives His Reasons.
From the Cincinnati Enquirer.
Mr. D. C. Collins, one of the oldest bank-
ers in this country, and who has for the
greater part of his life been connected with
the Northern bank of Kentucky as a gov-
erning officer, which bank was chartered
by the State of Kentucky in 1835, and has
continued its charter under state law up to
the present time, and has passed through
all of the financial troubles since its or-
ganization, including the civil, war, with-
out ever refusing to pay a lawful demand
on presentation, now presents to the peo-
ple his opinions, formed from experience
and great study, on the present financial
situation, in a pamphlet of 70 pages, called
“Sound Money. What is It?’ All voters
should read it. We give a quotation from
the addenda of the second edition, viz:
Labor—Is the only means of bringing
wealth into active use. Therefore, the
services of the laborer is of prime import-
ance and should be rewarded accordingly.
Capital—Is secondary as a help in produc-
ing wealth, and, therefore, should not be
exalted above labor.
Money—Represents the exchange be-
tween the two factors, and as the volume
of money is increased you must certainly
increase the price of labor, and thus better
the condition of the laborer. With gold
as the only standard the volume of money
cannot be augmented, and therefore, prices
of products and labor cannot be increased,
even if full confidence was restored.
Debts—Existing debts amounting to at
least $100,000,000,000 must be paid with-
out rebate or reduction. With present
prices and money conditions can we pay
them ?
Interest—On all of our indebtedness
must be paid, which, at the low average of
4 per cent., would amount to $4,000,000,-
000 annually, a large part of which must
be paid to a foreign people, and this with-
out regard to the prices of products or
labor.
Taxes—Which never grow less, and are
now enormous, must be paid without re-
duction. What do they amount to? Na-
tional, state, county and municipal ?
YFixed Charges—All of these items that I
have named are fixed charges against labor,
apd the monetary conditions will not
| ¢hange them.
Living—There are 70,000,000 of people
to feed and clothe, with many other in-
cidental expenses, some part of which ex-
pense is affected, by money conditions ;
others are not, all of which must be pro-
cured by labor.
Will the millions of toilers surrender
their independence and dignity by aiding
to debase themselves in fixing upon this
nation the single gold standard ? °
If I asa farmer should abandon a por-
tion of the best of my farm and allow it to
go to waste, you would call me foolish. Is
not that exactly what the advocates of a
gold standard would do with our great sil-
ver mining interest ?
Single gold standard means an increase .
of therate of interest to all borrowers of
money on account of the decreased volume
of money in use.
Single gold standard means that we sur-
render the control of our financial system
to a few brokers in New York, who then
can dictate their own terms and eonditions
or stop specie payments at any time within
10 days, as they could control all of the
available gold.
STOP AND THINK ! ©
They Get It.
“I want a dollar that is worth a dol-
lar,”’ shouts the fool farmer, and he hauls
two bushels of wheat to market that have
ence myself. Until six years ago I thought | cost him $1.40 to produce—and gets it.
“TI want a dollar that is worth a dollar,”
yells the silly planter, and he carts to mar-
ket 15 pounds of cotton that have cost him
$1.30 to make—and he gets it.
‘I want an honest dollar,”” howls the la-
boring man, and he does $2 worth of work
—and he gets it.
“I want an honest dollar,”’ shrieks the
hide-bound merchant, and he advertises
his goods at panic prices—and he gets it.
“I want the earth and all thas is on it,”’
says the money owner, and he quietly
makes his notes and mortgages payable in
gold—and he has almost got it.
But the people of the United States, just
now, are listening with serious, even dan-
You people are producing manufacturing | gerous, attention to the summary of John
A. Logan :
‘You may theorize and argue until you
are hoarse, yet you will fail to get the peo-
ple to prefer low prices to high ones for
their products. They know that one bush-
el of wheat at $1.25 in currency will buy
one acre of Government land, while it
takes two and a half bushels at 50 cents to,
purchase it, 2
know that $1 in paper, if legal tender, will
pay $1 of taxes as well as $1 in gold.
They know well enough from experience
that if you run down prices by lessening
the currency there will be no correspond-
ing decrease in taxes and salaries of county,
state and municipal officers, nor in the
debts they owe.”
though it be gold. They
This Shows Where the Money Is.
From the last U. S. census report we
the hands of the few. No, you have got to ! nicety, in whose hands the money is.
restore prosperity by stopping the fall ot |
prices, so men will sell what they produce to
get money to buy what you produce. (Ap-!
plause.) :
A silver man can almost like any kind of
money.
see, who was making a speech. He said he
was not particular about the money. He |
liked gold and silver and paper, and in fact a |
little counterfeit would not be objectionable. |
(Laughter.) Now, we don’t care for any
counterfeit, but we are willing to take gold,
And we will take
ne / Millionaire ...
He is like the governor of Tennes- | Rich.........
Home owners.,
Homeless...
: “Average | =
iNumber; _'per | Total
families | family. | for class.
Class
1,047 83,000,000.$12,000,000,000
1,002,218, 28,735! 30,500,000,000
4,994,001 2,015] 14,560,939, 343
coer 6,509,796 418 2,795,808.000
Read the WATCHMAN during the
campaign. It is cheap, it is failedn: it is
.