People's Pilot, Volume 6, Number 16, Rensselaer, Jasper County, 8 October 1896 — Page 6
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BRYAN SURE OF VICTORY!
Issues a Signed Statement Expressing Confidence in His Success. THE PEOPLE AWAKENED. There Can Be no Permanent Prosperity So Long as the Gold Standard Is Maintained. The Numbers in Favor of Free Coinage Are Daily Increasing, but Its Friends Are Nevertheless Urged to Continue Their Work Until Flection Day to Make the Majority Overwhelming. W. J. Bryan will certainly be the next president of the United States. The campaign has progressed far enough to show that the result is merely a question of how large a majprity the people will roll up against the domination of Wall street and the supremacy of the English gold standard. Mr. Bryan has issued the following signed statement, which fully coincides with and verifies the judgement and sentiment of the overwhelming majority of the people. It looks as if the election was going to be a landslide, a tidal wave, which will sweep all before it. The following is Mr. Bryan’s statement, issued to the press Saturday morning from Cincinnati: "I have no doubt of my election. I bane my confidence upon the fact that the free coinage sentiment ig (rowing every daj. The people are studying the money question, and the study of it is convincing the people generally that there can be no permanent prosperity so long as the gold Standard is maintained. “Tlie gold standard makes a dearer dollar. A dearer dollar makes falling prices, and failing prices mean hard times. The people who profit by hard times are relatively so few in number that they would mnuiiiit to nothing at all but for the fact that they are aided by a considerable number of people who, not having studied the money question themselves, have received instructions from a few financiers. “Tlie number of Republicans who have declared for free silver outnumbers the Democrats who iiave deserted tlie ticket, and while tlie number of silver Republicans is increasing all the time, the number of bolting Democrats is all the time decreasing. “While I have no doubt as to my election, I believe that the advocates of free coinage should work from now to election day to make the majority in the electoral college so large that no party hereafter will ever dare to propose submission to a foreign financial policy. "VV. J. BRYAN.”
PRINCE BISMARCK.
SAYS THE ACT OF 1873 WAS TOO PRECIPITATE. And That the German Government Must Review Its Monetary Position The World Must Return to Bimetallism— Parmer Must Not lie Estranged. New York, Sept. 23. —A dispatch to The World from London says: “Moreton Frewen came back today from the international agricultural congress at Buda-Pesth. One delegate, Herr von Kordoff, leader of the Free Conservative party in the German reichstag and a neighbor of Prince Bismarck at Friedrichsruhe, reported a conversation he had recently with the prince on the American political Situation, as follows: “ ‘Frankly, Mr. Kordoff, I am too old to go to school over the currency question, but I recognize that, although I acted In 1573 on what I regarded as the best advice, my action was too precipitate, in view of the results which have followed. “ ‘The one class that we cannot afford to estrange is the farming class. If they are convinced, and they assure you they are convinced, that agricultural depression is peculiar to these . monetary changes, our government must review its position.* ” If you could enter the homes of this nation and see how hope deferred has made the heart sick, if you could see the parents, who, in hopes of better days, have planned for the higher education of their children, inorder that the children might begin the battle of life with greater advantages than their parents, but who have been compelled to keep the children at home in order to keep the wolf from the door, you would understand what the gold standard means. It means a lower order of civilization, and, if continued, we will sink down where the few own all the wealth, and the many are •imply dependent tenants.—Mr. Brydu at Charlotte, N. C. Chairman Gowdy of the Indiana Republican state committee; recently addressed a letter to the Indiana Stove works of Evansville, Ind., detailing the wretched condition of the country and asking a contribution of money to assist in the restoration of the Republican party to power, “to avert further calamity.” Instead of sending a contribution, Mr. J. W. Boehne, secretary of the Indiana Stove works, replied: “The election of Bryan will cure most of the evils from which the masses are suffering. Have voted for Garfield, Blaine and Harrison, but will vote for Bryan this time." A year ago, when the election of a gold president seemed absolutely certain, igold left this country in large quantities. Now, with the odds in favor of the free coinage Candidate, it returning in such quantities Utnt the Bank of England has been obliged to raise its prion.—Waverly (la.) Democrat.
THE CRIME OF ’73!
THE GREAT CONSPIRACY LAID BARE BY GEO. C. GORMAN. The Dark Methods Used by Senator Sherman and Others to Secure the Demonetization of Silver—Statements of Senators and Members on the Subject. Colonel George C. Gorman, for many years resided in California, and was a member of the national Republican committee from that state from 1869 to 1880. He was secretary of the United States senate from 1868 to 1879, and was in the national political councils of the Grant and Conkling’element. He edited The National Republican at Washington for four years. For more than twenty years he has favored the restoration of the free coinage of silver, and left the Republican party in June last, when it adopted the gold standard, and is now an earnest supporter of Bryan and Sewall. He has written the following letter: The Hon. Charles P. Johnson, St. Louis, Mo. —Dear’ Sir: In compliance ■with your request I present the following narrative of the steps which led to the demonetization of silver in the United States in 1873, and the methods adopted to accomplish that result: The national debt at the close of the civil war was about $2,500,000,000, the principal being payable by law in any legal tender money, and the interest In coin. Certain great banking houses of Europe—following the example set by their predecessors in England immediately ater the fall of Napoleon, and setting an example which was followed by their class in Germany after the Franco-Prussian war —inaugurated a scheme to greatly enhance the value of this vast obligation by making it payable in gold and then increasing the value of gold. The Methods Adopted. This involved two legislative measures: First. Such changes in the laws of the United States as would provide for the payment of the principal of the bonds in coin only, and would forbid the payment of any portion of it prior to the resumption of specie payment, in legal tender treasury notes, in which it was expressly made payable by the Aw authorizing the issue of the bonds, and in exchange for which, when greatly depreciated, they had all been issued. Second. The demonetization of silver in the United States so that coin would mean gold only, and the value of that metal at the same time be greatly enhanced. The Hon. John Sherman, a senator from Ohio, became the chief promoter of this foreign scheme. On the 18th of May, 1867, being then on a visit to Paris and having just visited London, he addressed a letter to the United States commissioner to the international conference on coinage, weights and measures, then in session in the former city. Jn chat letter, which was published, he strongly urged the adoption of the gold standard, and said of his own country: “As coin is not now in general circulation we can easily fix by law the size, weight and measure of future issues.” The conference adopted the gold standard, and our commissioner reported that this result was largely due to the letter of Mr. Sherman. Senator Sherman next attempted to ‘‘easily fix by law” in this coutntry the new monetary system so essential to the success of the scheme above described. To that end, on the Bth of February, 1868, he introduced in the senate a bill (No. 217) to demonetize silver by discontinuing the .coinage of the silver dollar. He reported this bill favorably from the finance committee, but Senator E. D. Morgan, of New York, vigorously antagonized it in a minority report, in which, after showing the advantages to the United States of continuing the double standard, he said: “We have a distinctive American policy to work out —one sufficiently free ; from the traditions of Europe to be : suited to "our peculiar situation, and' the genius of our enterprising coun- , trymen.” From this stalwart blow by the great merchant senator from New York the bill never recovered. Mr. Sherman never again called it up. The movement for a gold standard was not renewed in any quarter until nearly two years afterwards, and more than a year after the expiration of Senator Morgan’s term of office. Strengthening the Bondholders. Meanwhile, in obedience to the concerted newspaper clamor inspired by the operators in bonds, congress passed the act of March, 1869, “To strengthen the public credit,” by which, without any consideration whatever, the principal of the bonds of the government, then payable in any lawful money, was made payable in coin only. The advantage this gave to the bondholders will be apparent when we consider that the major portion of the bonds were by law redeemable in any lawful money atthe pleasureof the United States. The act of 1869, to strengthen the purses of the bondholders, surendered this privI ilege and bound the. government to redeem in coin, then at an enormous premium. This was followed, July 14, 1870, by the refunding act, under which existing bonds were authorized to be converted into bonds payable, principal and interest, ‘in the coin of the United States of the present standard value.” That is to say, the value of-,July 14, 1870. Silver dollars at that time equally with gold a full legal tender. A second unsuccessful attempt at the demonetization of silver was Inaugurated on the 25th of April, 1870, by the introduction in the senate by Senator Sherman of “a bill (No. 859) revising the laws relating to the mint, assay offices and coinage of the United States.”' It I contained seventy-one sections, the fifi teenth of which gave a list of all silver coins to be thereafter issued, and the eighteenth of which prohibited the issuance of any not named therein. The silver dollar was omitted from the list. The bill passed the senate Jan. 10,1871, but was never acted upon by the house. The Third and Successful Attempt. The third and finally successful movement for the demonetization of silver was the introduction in the house of representatives on the 9th of March, 1871, of “A bill (No. 1,127) revising and
THE PEOPLE’S PILOT, RENSSELAER, IND., THURSDAY, OCTOBER. 8, 1896.
emending the laws relative to mints, assay office and coinage of the United States.” It was introduced by Mr. Keli ly, of Pennsylvania, chairman of the committee on coinage, and reported by him favorably from that committee on the 9th of January, 1872. He Informed the house that it had been prepared ! in the treasury department for the purpose of codifying and simplifying the mint laws, -the only important change being the creation of a mint bu- , reau in the treasury department. | It was recommitted Jan. 10 and again reported with amendments Feb. 9, 1872, this time by the Hon. Samuel : Hooper of Massachusetts. He slated ‘ that the bill reduced the weight of the ■ silver dollar from 412% grains to 384, J but he did not state that it proposed, ■ as it did, to demonetize silver by makj ing the silver dollar a legal tender j only in sums not to exceed $5. The bill then passed the house in the substitute form under a suspension | of the rules. Ignorant of Its Contents. Mr. Kelly of Pennsylvania, who im- : troduced the bill, declared on the floor : of the house in 1878 that, though he ! was chairman of the committee on I coinage, he was "ignorant of the fact that it would demonetize the .silver dollar.” (Congessional Record, vol. 7, part 2, page 1605.) Mr. Blaine, who was speaker of the house when the bill passed, declared on 'the floor of the senate in 1878 that he “did not know anything that was in .the bill at all,” and that “little was known or cared on the subject.” (Same, 1063.) Garfield declared that he knew nothing about it. (Congressional record, vol. 7, part 1, page 989.) Mr. Holman of Indiana, declared that the passage of the bill through the house was a “collossal swindle," and "never had the sanction of the house.” (Congressional record, vol. 4, part 6, appendix 193.) Mr. Cannon, of Illinois, said: “Neither members of congress nor the people understood the scope of the legislation.” (Same, page 197.) In the senate the bill was taken up for consideration on the 17th of January, 1873, and debated and passed on that (lay. All the debate that was ever had upon it in that body took place on that date. The l bill, as it passed the senate, contradicts in plain terms some positive assertions made by Mr. Sherman during the debate upon it as to the provisions it contained concerning the standard silver dollar. It demonetized silver, which he declared to the senate it did not. Mr Hooper had misled the house by omissions, evasions and indirections: Mr. Sherman deceived the senate by direct misrepresentations. This was "the crime of 1873.” The Proof of Deception. The ineffaceable proof of this serious accusation is contained in the report of the senate proceedings of Jan. 17, 1873, | in the Congressional Globe, from which ; I will quote some passages: Congres- ' sional Globe, parts 1 and 2, third ses- , sion. Forty-second congress, pages 668- I 674.. There was no reference in the debate to the fact that the bill would abolish the legal tender quality of silver. The house bill changed the weight of the silver dollar from 412% grains to 384 grains, and made it, like the smaller coins, a legal tender for $5 only. Mr. Sherman ha,d reported an amendment to strike this out, and insert instead a “trade” dollar, to weigh 420 grains, with the same limitation as to the legal tender quality. The bill prohibited the issuance from the mints of any coins not named therein. This was to make sure that the 412% grain dollar would not survive by any implication. The question may be asked how could Mr. Sherman thus deceive the senate. The reply is that the bill was being hurried through by him on his statement, at the outset, that its consideration “would not probably consume any more time than the time consumed in reading it.” That meant that its seventy-one sections contained nothing of sufficient importance to even require explanation by him, much less to call - for debate. It was represented by him to be merely a bill to enact into law some changes in thq mintage laws which the mint officers deemed necessary. He evidently satisfied senators that’it was not worth their serious attention. Those who have any acquaintance with senate proceedings understand very well that ' such mere routine legislation as this ; was represented to be attracts no attention in the senate chamber. The senator in charge is trusted to truthfully state its objects, and no one thinks of doubting his word. The Testimony of Senators. That no suspicion was being enterI tained at the time that silver was being demonetized by the bill is evi- ' denced from the declarations subsei quentely made in the senate in 1878. 1 On Feb. 15 of that year Senator Thur- ; man said: "I cannot say what took place in the house, but know, when the bill was pending in the, senate, we thought it i was simply a bill to reform the mint, i regulate coinage and fix up one thing and another, and there is not a single man in the senate, I think, unless a J member of the committee from which J the bill came, who had the slightest i idea that it was even a squint towards demonetization.” On the same day Senator Allison said: “But when the secret history of this bill comes to be told it will disclose the fact that the house of representatives I intended to coin both silver and gold, I and intended to place both metals upon the French relation instead of our own, I which was the true scientific position of this subject in 1873.” On the 30th of January, 1878, Senator ' Beck said: “It (the bill demonetizing silver) nev- ; er was understood by either house of ’ congress. I say this with full knowl- i edge of the facts. No newspaper reporter, and they are the most vigilant men I ever saw in obtaining information, discovered that it had been done.” From the record, which I have faithfully reproduced, it is impossible to reach any other conclusion than that the confidence of the house was abused by Mr. Hooper, that the- confidence of the senate was abused by Mr. Sherman and that by their joint efforts the most important piece of legislation of the century was carried through congress by stealth and the double standard, which had existed by the will of the people for more than eighty years, was was taken away 'from them without , their consent or knowledge, in the in- : terests of aliens, by the manipulations . herein described. I am, very truly i yours. GEORGE C. GORHAM. Washington, D. C., Sept. 5, 1896.
BRAZEN AND DEFIANT
DESPERATE CONSPIRACY AGAINST ■ THE AMERICAN PEOPLE. The Confederated Trants and Syndicates Opedly Declare War Against the Producers of the Country—Can They Defeat Win. J. Bryan? Chicago, Oct. 2, 1896. [Special.] What are the forces arrayed against William J. Bryan and the people in this moss remarkable campaign? What Influences must be encountered and defeated if a victory be won on Nov. 3? It is now possible to answer these questions. The lines are drawn and they are drawn sharply. There is no middle ground. It is organized greed against the people. It is unscrupulous and defiant wealth against American workman and producers. It is the concentrated power of money, trusts and syndicates versus the unorganized patriotism of the United States. If William J. Bryan is elected it will be in spite of the desperate efforts of the following classes and individuals: 1. The presidents and stockholders of every robbing trust in the United States. There is not a trust but that has willingly paid an assessment to Mark Hanna’s corruption fund. 2. The sc-lid membership of that gilded coterie known as New York’s Four Hundred. Every simpering snob and English-aping dude is for McKinley and the gold standard. Every titlehunting Anglo-maniac, with more money than brains, is opposed to William Bryan or any other man born west of New York city. 3. Every money lender, gold broker and syndicate promoter in New York and the other money centers is solid for McKinley and gold. This list includes such distinguished patriots as August Belmont, Heidelbach, Ickelheimer & Co., Lazard Freres, Kuhn, Loeb & Co., and many others with unpronounceable names are now calling the farmers and workingmen of the United States "anarchists and thieves,” and asking that the gold standard be made permanent. 4. Ninety-nine per cent, of the bankers and stock brokers of the United States. They have joined hands with the great? life insurance companies and have inaugurated a reign of financial terrorism against those business men who dare question their right to dictate votes or control legislation. The “bankers’ boycott” against those who dare express an opinion favorable to silver is a feature of this campaign. 5. Every man who ever denied the right of workingmen to organize for mutual protection, is for McKinley. Every hater of labor ■every man who has grown rich by oppressingworkmen; who has fattenedjust In proportion as he has reduced wages, is against W. J. Bryan and in favor of the gold standard. Name an exception if you can.
6. Every unprincipled corporation Which finds it necessary to employ men to bribe legislators and secure special legislation, is contributing money to swell the corruption fund for “McKinley and honest money.” Every man whose money has bc4n used to debauch congressmen, members of state legislatures and of city councils can be found arrayed against William Bryan and denouncing the common people as thieves. 7. Every wealthy tax dodger, who makes it a practice to bribe assessors, is for William McKinley and a gold standard. Name an exception if you can. Pick out the richest, meanest and most stingy man in your community and see how he stands in this campaign. Select those men who have grown rich by grinding the poor, by taking advantage of the unfortunate, and who, having thus acquired a fortune, perjure their souls, and evade the payment of a fair share of taxes, and see how they are going to vote. 8. Every mortgage shark, every pawnbroker, every man who thrives on the enforced poverty of the people is opposed to the election of William J. Bryan, and is heartily in favor of perpetuating the gold standard. 9. Every newspaper owned by a banker or controlled by a syndicate, and every newspaper mortgaged to a bank has been compelled to- declare for the gold standard and in many instances stultify an honorable record and prostitute its columns at the dictation of Mark Hanna and Wall street. How do these forces expect to win? There is no secret about this. They are fighting in the open. They are not using concealed weapons. They expect to win by the use of a cojjruptign fund, by the general circulation of lying literature, and by the wholesale intimidation of merchants, workmen and mortgaged farmers. They rely upon the cupidity of impoverished voters; the timidity of workmen who have been robbed of everything but their underpaid positions, and upon a money terrorism engineered by the banks and the insurance companies. They have already mapped out a plan of wholesal'- purchase of election judges on election dj>y; the debauchery of returning boards and as a last resort the purchase of electors in the event the election is close. Can they win?
THE OUTLOOK IS ALL RIGHT.
Democrats Are Very Confideni That Candidate Bryan Will Be Elected. / BIG VICTORY COMING. The Democratic Campaign Comes Galloping into the October Home-Stretch In the TJest of Condition and with Eveij Assurance of a Triumph—States Claimed and Estimates of the Majorities. Chicago, Oct. 5, 1896.—[Special.]—Th; political outlook at' the close of September is of the most satisfactory character to the Democratic national managers, who are confident that the cause of Bryan and free silver has been receiving a marked impetus during the past ten days. From every quarter—especially from the central western states—comes reports that fanners everywhere are flocking to the Bryan standard, while in the cities there is every indication that an overwhelming majority of the labor vote will be cast for the free silver president. In many of the central western states the Democratic managers have completed theli first poll, and the returns indicate that Bryan will carry every one of them by Immense majorities. A poll of Kansas just completed by the allied free silver forces shows that the Bryan electors will have 50,000 majority in that state. A similar poll of Kentucky shows that Bryan’s majority will not be less than 20,000, not counting the Republicans who will vote for free silver. This vote it is estimated will swell the Bryan majority to 30,000. The poll shows that there are less'than 15,000 gold Democrats in the state, and this will more than offset the Populist vote. Fusion between the Democrats, Populists, Prohibitionists, and Silver Republicans has been consummated in Michigan, a result, which, in the minds of the most conservative politicians, gi,ves that state to Bryan by a large majority. Reports from Ohio received during the week are of the most flattering character. From nearly every county in the state estimates have been made, and they indicate that Mr. Bryan will carry that state by not less than 25,000 majority. The Republicans have completed a poll of Nebraska, and while they failed to make it public, the returns are known by the Democratic managers, and show that Bryan will carry the state by 25,000. The Democratic poll shows that it will give Mr. Bryan more than 35,000 majority. Estimates from lowa, by counties, give that state to Bryan by more than 30,000. In a majority of the agricultural counties from 20 to 30 per cent, of the Republican vote will be cast for Bryan, while the Democratic defection is A poll of Missouri gives that state to Bryan by 50,000 majority, and it may run as high as 75,000. The Republican poll of Illinois, which it is unnecessary to state was not published, gives to Bryan, outside of Chicago, a majority of 25,000. The Democratic canvass of the state gives Bryan nearly 40,000 majority outside of Chicago; while Chicago is expected to give him at least 25,000 majority. This, despite the fact that the corporations and large manufacturing institutions are making every effort to control the votes of their employes by coercion, intimidation, and false representation. The laboring men of Chicago, however, are aroused over these outrageous attempts, and the result is that within the last wek a decided change has taken place among the workngmen which bids fair to result in a complete landslide of that vote to free silver. This Is the case not only in Chicago, but in every large labor center of the country. Taking the reports from the central western states and adding them to the states conceded by the Republicans the Democratic managers claim the following states as absolutely certain for Bryan: Alabama, Arkansas, California, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Montana, Nebraska, Nevada, North Carolina, North Dakota, Oregon, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wyoming, West Virginia, Delaware, Maryland, Minnesota, Michigan, lowa, Illinois, Indiana, Ohio —giving Mr. Bryan a total of 317 electoral votes. 1 believe the struggle now going on in this country and other countries for a’single gold standard, would, if successful, produce widespread disaster in the end throughout the world. The destruction of silver as money and establishing gold as the sole unit of value must have a ruinous effect on all forms of pr«i*nrty except those investments which yield a fixed return in money.—James <>. Blaine. (Congressional Record, pages 830 to 883, 1878.)
They Dare Not Say So.
The goldbugs tell us that gold is the money of civilization. Is it not strange that the Republican party did not find that out at St. Louis? It does not say so. The goldbugs tell us that this nation has outgrown the silver standard. Isn’t it strange that the Republican party did not find that out? The goldbugs tell us that you cannot have two yardsticks. Isn’t it strange that the Republican party did not find that out? They tell us that the free coinage of silver is simply in the interest. of the mine owners. Isn’t it strange that the Republicans did not find that out? They tell us that free coinage is desired by men who want ,to pay their debts in cheap dollars. Isn’t it strange that the Republican party did not find that out? How do you know that the Republican party did not find that out? Why, because their platform pledges the Republican party to get rid of the gold standard. The, Republican party pledges itself to substitute a double standard for the single standard.—Mr. Bryan at Philadelphia.
“LOWEST YET FOR CORN.”
festerday when work was over, And the evening closing down. Heading through the evening paper ‘ News of country and of town. Glancing at commercial columns To learn how trade had ruled since morn, I saw, in striking type, a headline Reading: “Lowest yet for corn!” “Lowest yet for corn!” What of it? Surely, nothing new to hear; Every week tells the same story, Month by month and year by year. “Lowest yet for corn!" Consider— Though the story may be old— There are those who have to suffer i Every time the tale is told. Every time the tale’s repeated Unto ears well-nigh forlorn Some surviving hope’s defeated, Hearing: “Lowest yet for corn.” But I fancy some are saying: I “It is safe at all events; Safe to say Chicago market Won’t go under twenty cents; When those fearless speculators See the chance before them here They’ll become bold operators”— And—“ There’s nothing left to fear." 1 We have heard some such assertion Bravely made from year to year; “Lower than this last quotation, There Is nothing left to fear.” “Nothing left to fear!” Where ara they? Who are left with strength to cope With this ever-downward pressure? No! There’s nothing left to hope! Nothing left to hope; if wisdom Has not yet the lesson taught, By the striking down of silver Has the wretched wreck been wrought. Nothing left to hope! Remember! Back in eighteen seventy-three Gold and silver both sustained us, i 1 Silver coinage then was free. , 1 Unrestrained each noble metal i f Aided all the works of man, Each in turn relieved the other On the bimetallic plan. . " Only once or twice this nation 1 Had endured a panic’s sway, Now, like any poor relation, Panic comes full-dressed to stay! Dismal periods of depression, Disappointment on all hands. See us raise in sad succession Half-priced crops on mortgage® lands. Half-priced crops, which in the Leave such small rewards to toil, Sorrow quarters in the dwelling Of the tiller of the soil. Cunning tricksters said though silver Had been been king in days of yore, Now its royal reign was ended, It should be free-coined no more. Thus by tricks that treason played us. Stiver’s coinage rights were sold; And the crime’s results have made us Slaves to Europe and to gold. Patiently till now we’ve borne it, But the outlook growing worse, Love of country! Love of freedom! Call us now to end the curse. We have got a heaven-selected Champion by God’s good grace, Bryan—by our votes elected— To the nation’s highest place. Bryan, and our silver treasure, Free-coined dollars' bright as mom, Banish sorrow! Welcome pleasure! Banish “Lowest yet for CornL’ H. de B.
IS THE FARMER A’ FOOL?
The Goldbug Press Is Disposed to Assume That He is. Under the caption “Bunkoing the Farmer,” the Chicago Times-Herald recently printed the following remarkable editorial: “Wheat will bring you twice what it brings now, says the free - silver bunkoer to the farmer. “Jut the purchasing power of our dollar will be half what it is now, answers the farmer to the free silver bunkoer. Go to. “I have to buy as well as to sell, says the farmer.” This is the gist of the goldbug argument. Do the farmers believe that dollar wheat is going to injure them? Will dollar wheat assist in paying mortgages and long-standing debts? For a generation the Republican orators have been talking “protection” to the farmers. They have alleged that protection raises the prices of manufactured goods, increases the wages of city workmen, and consequently increases the demand and raises the price of farm products. They admit that protection does not directly benefit the farmer; that there is no protective tariff on his wheat, corn, oats and other products, but say the farmer gets an “indirect benefit due to the increased price of manufactured goods and increased wages.” What has the farmer done with the money derived from this “indirect ben-, efit?” His farm is mortgaged. *lt hardly pays him to harvest the magnificent crops of wheat and corn that a bountiful nature has granted him. Now, the goldbug papers admit that the free coinage of silver will double the selling price of his products, and solemnly warn him against such a disaster. It might be pertinent to ask if there is any reason why dollar wheat would not double the purchasing power of the farmer and therefore stimulate manufacture and increase wages in the cities. The November election will settle one important question, and that is this: “Is the goldbug press justified in assuming that the American farmer is a natural born fool?” Our opponents try to divide the tolling mSKsnx and set the laboring men in opposition to the farmer. I warn the laborers not to desert the farmers, who have been the friends of labor in every struggle to better their condition. The very people Who today are attempting to use the laboring mon to defeat the farmers in their Just cause are the same people who have oppressed labor from the beginning of the world and will do so again the moment they have an opportunity. (Applause.)— Mr. Bryan at Charlotte, N. Friends of Mr. Bryan figure for him a majority as high as 35, )OO in Nebraska.
