Evening Star Newspaper, September 3, 1896, Page 23

THE EVENING STAR, THURSDAY, SEPTEMBER ‘THE BATTLE OF THE STANDARDS 3, 1896-TWELVE PAGES, 11 x Champions Tilt in the Tourney for Gold and for Silver. Warning Words of Daniel Webster The Recent Speech of Henry E. Davis Provokes Dis- cussion—An Interest: ing Symposium. A correspondent sends to The Star ex- tracts from the speeches of Deniel Webster, which he thinks are applicable to the pres- ent time, inasmuch as the correspondent declares that Mr. Bryan “‘in his advocacy of the assaults upon syndicates is array- ing classes against classes.” Continuing, he quotes Mr Webster, whose words are as follows: “Sir, I see in these vehicles which carry to the people sentiments from high places, clarations that the present con- is but a strife between one part of the community and another. I hear it boasted as the unfailing security, the solid ground, never to be shaken, on which re- cent measures rest, that the poor naturally hate the rich. I know that, under the cov- er of the roofs of the Capitol, within the jest twenty-four hours, among men sent here to devise means for the public safety and the public good, it has been vaunted forth, matter of boast and triumph, that one cause existed powerful enough to sup- port everything and to defend everything; and that was, the natural hatred of the poor to the rich. “Sir, I pronounce the author of such sen- timents to be guilty of attempting a de- testable fraud on the community; a double fraud; a fracd which is to cheat men out of their property and out of the earnings of their labor, by first cheating them out of their understandings. “The natural hatred of the poor to the rich!” Sir, it shall not be tll the last mo- ment of my existence—it shall be only when I am drawn to the verge of oblivion, when I shall cease to have respect or af- fection for anything on earth—that I will believe the people of the United States capable of being effectually deluded, joled and driven about in herds by such abominable frauds as this. If they shall sink to that point, if they so far cease to be men, as to yield to such pretenses and such clamor, they will be slaves already; slaves to their own passions, 3 to the fraud and knavery of preisnded friends. They will deserve to be blotted out of all the records of freedom; they ought not to dis- honor the cause of self-government by at- tempting any longer to exercise it; they ought to keep their unworthy hands en- tirely off from the cause of republican lib- if they are capable of being the v: tims of artifices so shallow, of tricks so stale, so threadbare, so often practiced, so mucn worn out, on serfs and slaves. “The natural hatred of the poor against the ric the danger of a moneyed aris- toeracy!’ ‘A power 4s great and dangerous ag vhut resisted by the revolution!” ‘A call v declaration of independence!’ Sir, the people against the object of like these. I admonish every in- laborer in the country to be on uard against such delusions. I tell him the attempt is to pley off his passions against his interests, and to prevail on kim, in the name of liberty, to destroy all the fruits of liberty; in the name of patriot- ism, to injure and afflict his country; and in the name uf his own independence, to de- stroy that very independence, and make him a beggar and a slave. He ts advised to do that which will destroy half its value. Has he hands to labor? Let him rather fold them and sit still, than be Pushed on, by fraud and artifice, to sup- port measures which will render his labor useless and hopeless.” (Webster's Works, vol. 3, page 533). Interest in Sound Money. Webster says (@ vol., p. 534): “Sir, the very man of all others who has the deepest interest im a sound currency, and who suffers mest by mischievous leg- islation In money matters, {s the man who earns his daily bread by his daily toll. A depreciated currency, sudden changes of prices, paper money, falling between morn- ing and ncon, and falling still lower be- tween noon and night—these things const!- tute the very harvest time of speculators and of the whole race of those who are at once idle and crafty; and of that other race, too, the Catalines of all times, mark- ed so as to be known forever by one stroke of the historian's pen—those greedy of other men’s preperty and prodigal of their own. Capitalists, too, may outlive such things. They may elther prey on the earn- ings of labor, by thelr cent per cent, or they may hoard. “But the laboring man. What can he hoard? Preying on nobody, he becomes the prey of all. His property fs in his hands. His reliance, his fund, his produc- tive freehold, his all, is his labor. Whether he work or his own small capital or an- other’s, his living fs still earned by his in- dustry; and when the money of the coun- try becores depreciated and dobased, whether it be adulterated coin or paper without credit, that industry is robbed of its reward He then labors for a country whose laws cheat him out of his bread. I would say to every owner of every quarter section of land in the west, I would say to every man in the east who follows his own plough, and to every mechanic, artisan and laborer in every city in the country, 1 would to every man everywhere who wishes by honest means to gain an honest living, ‘Beware of wolves in sheeps’ cloth- ing. popular ery, to shake the stability of the public currercy, bring on distress in money matters and drive the country into the use of yaper money, stabs your interest and your happiness to the heart.” (Vol. 3, p. 535.) What Produces Prosperity. “Sir, the great interest of this great coun- try, the producing cause of all its pros- perity, is labor! labor! labor! We are a laboring community. A vast majority of us all live by industry and actual employ- ment in some of their forms. The Consti- tution was made to protect this industry, to give It both encouragement and security; but, above all, security. To that very end, with that precise object in view, power was given to Congress over the currency, and over the money system of the country. In forty >ears’ experience we have found nothing at all adequate to the beneficial execution of this trust but a well-conducted national bank. That has been tried, re- turned to, tried again, and always found suce ul. If it be not the proper thing for us, let it be soberly argued against; let something better be proposed; let the coun- try examine the matter coolly, and decide for itself. : Attempts to Carry Things by Clamor. “But whoever shall attempt to carry a question of this kind by clamor and vio- lence and prejudice—whoever would rouse the people by appeals, false and fraudulent appeals, to their love of independence, to resist the establishment of a useful insti- tution, because it is a bank and deals in money, and who artfully urges these ap- is whenever he thinks there is more of est feeling than of enlightened judg- ment—means nothing but deception. And whoever has the wickedness to conceive, and the hardihood to avow, a purpose to break down what has been found in forty years’ experience essential to the protec- tion of all interests by arraying one class against another, and by acting on such a principle as that the poor always hate the ich, shows himself the reckless enemy of An enemy to his whole country, to al] and to every man in it, he deserves Has he a dollar? | Wheever attempts, under whatever | arked especially as the poor man’s SOME RECENT STATEMENTS. Mr, Siddons Considers Portions of the Speech of Mr. Henry E. Davis. To the Editor of The Evening Star: In your report of the address made by Mr. Henry E. Davis to the Non-Partisan Scund Money League the following re- markable utterance is credited to him: “What is it makes a gold dollar worth a hundred cents?” sald Mr. Davis. “It is be- cause God Almighty made it so, while sil- ver cannot be a dollar except by the super- vision of men.” ‘This was greeted with loud applause, &c. To a person trying to Teach some approximately accurate conclu- sions on the all-absorbing question of the day statements such as Mr. Davis is re- ported to have made come with startling and disturbing effect. Here is a question of currency, a politico-economic protlem, which this nation is trying to solve to its own advantage, and about wich honest men differ radically. It is generally sup- posed that it Is a question left to morzals to determine according to ineir best judg- ment and for their best good. It is a per plexing and intricate question, and in’ its discussion the most astounding and un- founded claims are mad» by the dispu- tants. Indeed, the student of the subject, unless cool-headed, is very apt to be caught in the maelstrom of the surging waters cf national debate. To searchers after the truth and admir- ers of Mr. Davis’ ability, and there are many such in the Distri ict, he owes it to them and himself, since he assumes the role of expounder, to make clearer than he has done the connection between the Al. mighty and the value of the United States gold dollar. If he can prove that the Director of the Universe has decreed that the gold dollar alone should be worth ene hundred cents, then Mr. Bryan and ‘his cause are hopelessly lost. If he cannot then such an assertion should never have been made, for the reverent will charge him with irreverence, and the Peopie who believe that the overruling Providence leaves such questions to be settled Ly the inhabitants of the earth themselves’ will say that Mr. Davis is misleading. Your re- pert has it that this bold assertion was “greeted with loud applause.” It is sur- prising that the audience was not petrified with astonishment. Had Mr. Davis _con- tented Rimself with the usually made by the advocates of th Standard, the reader could understand feat an audience of sympathizers would have greeted his remarks “with loud applause.” but surely there is a limit to rhe modesty of the average supporter of ‘sound money.”” One further comment. Your report states that “he (Mr. Davis) said free coin- age had a great element of dishonesty, and every man who embraces it with the idea that he will pay his debts 50 cents on the dolar had a canker worm at his heart, and he feared the outcome of such morals.” Of course, that statement involves the as- sumption of the accuracy of the position taken by the gold standard people, and it suggests immoral motives on the part of those who embrace the free coinage idea. 1 have looked in vain to discover if the free silver parties were operating upon the voters with such ignoble appeals as Mr. Davis suggests Is the case. The nearest approach I can find to such a charge is the Eromise held out that under a system cf free coinage ef silver money will be more plentiful and will circulate more generally. The paradox of a & or S-cent dollar, I have observed, is aiways put forward ‘by those who stand on Mr. Davis’ platform, and they, assuming that 50-cent dollars are to be the vogue under the free silver regime, proceed to charge that this is a scheme on the part of a considerable per- centage of the population to get rid of 50 per cent of their debts. Without in- tending to argue what the effect of free silver will be, for I do not know and cannot guess, I do wish to deny with all the fervor at my command that such base mo- tives as those Mr. Davis intimates ex- plain the present popularity of the free silver movement. And, as one of Mr. Da- vis’ admirers, believing him to be a man of generous impulse and of ready sym- pathy with the mass of the people today struggling under hard conditions and grop- ing to find a way out of a situation rap- idly driving them to desperation, I am more than sorry that he treated his subject with less, much less, of that judicial meth- od which we had a right to expect from the thoughtful student of human affairs. F. L. SIDDONS. A REPUBLICAN VOICE. modest claims Mr. Davis and Other Gold Democrats Called to Account. To the Editor of The Evening Star: At the meeting of the Non-Partisan Sound Money League held in the Raleigh Monday last Mr. Davis, a “gold demo- crat,” in the course of his remarks gave ut- terance to views which are entirely an- tagonistic to international bimetallism. He spoke as if it were impossible to secure international bimetallism, and implied that we might just as well cling forever to a gold standard. I understand now why Mr. | Bryan says that “those who are waiting mcst patiently for an international agrec- ment do not want it at all.” Byt this dces not apply to those republicans under the leadership of William McKinley. It belongs to such “gold democrats” as Mr. Davis, and I sincerely hope that he is the only “gold democrat” it belongs to. If the “gold democrats” wish to help us they must not injure our cause by placing themselves at variance with our leaders and our views. They must understand that we will not retreat one inch from our stand for international bimetallism. We are the true advocates of the “free coinage of silver at the ratio of 16 to 1.” We are not going to secure it by unnatural means, but by the common consent of the irtelligent people of the globe, and until | they do give this censent we mean to main- tain the parity of the two metals at the ratio of 16 to 1 by limiting the coinage of silver. The republican party is pledged in its platform to promote the “free coin- age of silver by international agreement with the leading commercial nations of the world,” and McKinley in his letter of ac- ceptance declares that it will be his duty “to employ all proper means” to carry this prcgram cut. And when a conference of na- tions finally settles this question and gold and silver have been given the same values the world over, no longer will the bugle call of the “standards” startle the coun- try; no longer will the red banner of an- archy strike terror Into the hearts of the patriots of America and the troublesome “Gresham law” will no longer bother the pecple of the world. For if gold be over- valved in one country it will not be trans- ported to another country because it is also overvalued in that other country, and con- versely, if silver be overvalued in one coun- try it Will not be transported from that country for the reason that it is also over- valued in all other countries. “YOUNG AMERICA.” WHO OWNS MORTGAGES? A Statistical Reply to One of Mr. Bryan’s Recent Statements. From the Philadelphia Press. When Mr. Bryan charged “those who hold fixed investments” as “the only po- tent force” In favor of the existing gold standard, he probably had a vague idea in his ill-informed mind that they were few in number. Take real estate mortgages. The mort- gage 1s the symbol in the minds «f many for the grasping creditor. In 1890, thera were $6,200,000,000 of such morigages. Who ewned them? The savings banks held of these mortgages $687,083,977 in’ trust for 4,533,217 depositors. The building associa- tions held $450,000,000 in trust for 1,800,000 shareholders. The life insurance companies dcing business in New York state held (De- cember 31, 1889), $272,828,457 for 4,582,281 policy holders. Adding other states,” in 1890, about $300,000,000. In these three items in 1890 there were 12,100,000 persons holding $1,437,000,000 of mertgages. This number of persons is nearly twice as numerous as the votes | which will be cast for Mr. Bryan. One- fourth of the real estate mortgages in the ccuntry were owned in 1890 by this thrifty, industrious, saving mass of people, who are “those who hold fixed investments” of whom Mr. Bryan spoke and who are turn- ing this thing over just now pretty care- fully in thetr minds and making them up that, as they paid in a gold dollar, they do not propose to get a silver one, worth half as much, paid in return. This dispos2s of cne-fourth of the mort- gage debt. It is owned literally by the mil- Hon for the million, The banks hold little or nothing of this mortgage debt. The na~ tional banks are prchibited from holding any. All the other banks, state banks, trust companies and private banks, in 1890, held less than $60,000,000 of these loans. Railroads do not own them. They have thelr own mortgage bonded debt of seme $5,000,000,000, which is owned, 10 per cent of it, by Insurance companies and sav- ings bauks, and the rest scattered among 500,000 people. The big corporations do not own real estate mortgages. As we have shown, a quarter of these mortgages in 1890, about $1,500,000,000, were held by 13,100,000. The other $4,700,000,000 were in the hands of small owners. Look over any county clerk’s book of real estate Hens. Consult your acquaintance. The great mass of mortgages are held locally in small sums and amounts by saving and thrifty people. Even the big mortgage companies represent a great array of hold- ers. In every rural connty farmers loan te each other, small sums are put out at bond and mortgage, many a widow, orphan and aged man have their all in little mort- gages. “Those who hold fixed investments,” we ¥arn Mr. Bryan, are a bigger class and in larger numbers than he thought. We have given the figures for 1890, because the real estate mortgage figures were for that year. This great army has grown. There are today 5,000,000 of savings bank deposi- tors, 2,000,000 of building association share- holders and 8,700,000 of insurance policies, in all 15,700,000, and they hold about $2,- 000,000,000 of mortgages. THE BRITISH LION. Mr. Halict Kilbourn Sees That Animal Athwart the Road. Mr. Hallet Kilbourn, who has been taking a@ deep interest in the political campaign, and who was in attendance upon all the political conventions this year, is an ar- dent and enthusiastic advocate of free sil- ver. Previous to the meeting of the Chi- cago convention, Mr. Kilbourn wrote a re- vised version of the Declaration of Inde- pendence from his standpoint, and it was approvingly received by those who think his way. Since then he has prepared another dcoument on the subject, which will be, it is said, widely circulated by the national silver ‘party committee. The last produc- tion of Mr. Kilbourn is as follows: Shall the 70,000,000 free people of the United States promptly adopt and maintain their own monetary system, or will they wait for the consent of foreign nations? ‘The spirit of American patriotism and in- dependences born in 1776, should prevail in 1826. As the absorbing and sole Issue in the presidential campaign of this year is the money question, a brief, comprehensive statement of the situation may, perhaps, disclose a foreign influence which alone im- pedes the prompt adoption by the American People of the free coinage of silver and gold as the standard money of this country. The several political parties representing the people of the United States lave held their respective national conventions and declared their views on the paramount 10- litical Issue of the day as follows: The republican party, in its platform, says: “‘We are opposed to the free coinage of silver, except by international agree- ment with the leading commercial nations of the world, which we pledge ourselves to Promote. and until such agreement can Le obtained, the existing gold standard must be_ preserved.” The democratic platform proclaims: “We demand the free and unlimited coinage of both silver and gold at the present legal ratio of 16 to 1, without waiting for the consent of any other nation.” The rational er party in their plat- form state: “We are unalterably opposed to a single gold standard, and demand the immediate return to the constitutional standard of geld and silver, by the restora- tion by this government Independently of ary foreign power of the unrestricted coin- age of both gold and silver into standard money at the ratio of 16 to 1, a upon terms of exact equality prior to 1873.” ‘The populist platform asserts: “We de- mand the free and unrestricted coinage of silver and gold at the present legal ratio of 16 to 1, without waiting for the consent of foreign nations.” The Platforms All for Silver. By these several platform declarations it is conclusively shown that all the national political parties are in favor of the free ccinage of silver as a part of the monetary system of the United States; the only dif- ference between the republicans and the other parties is as to the plan or method by which the free silver policy shall be adopted. The republican platform distinctly de- clares: ‘‘We are opposed to the free coin- age of silver except by international agree- ment with the leading commercial nations of the world, which we pledge ourselves to Eromote.” The republicans have in this declaration pledged themselves to promote the adoption of the free coinage of silver in the United States through a hoped-for agreement with foreign nations. This declaraion is an absolute confession by the republicans that the free coinage of silver is essential for the prosperity and progress of the American people, by their pledge to exert all their influence to pro- mote its adoption in this country by agree- ment with foreign nations. Sound Money and the Honest Dollar. The American people know that the money issued by the United States govern- ment, whether in silver, paper or gold, 1s sound money, and that every dollar issued by the government with {ts value stamped thereon is an honest dollar. The patriotic American people who are opposed to the visionary republican plan of delay and uncertainty of results are unani- mously in favor of the prompt adoption of @ policy for the free coinage of silver and gold as the basis of the monetary system of the 70,000,000 free people of the United States, and without waiting for the con- sent of any foreign power. The British Lion in the Path. Great Britain is the controlling com- mercial power of Europe, and her single gold standard system of values reflects the money policy of that continent. Without the consent of Great Britain it is idle to attempt to “secure an interna- tional agreement of the leading commercial naions of he world.” The failure of twenty years’ appeal to Great Britain to agree to international bimetallism is evidence of her fixed pur- pose to maintain the single gold standard of values. Domestic and Foreign Interests. Statistics show that fully 95 per cent of all the productive interests and com- mercial transactions of the people of the United States are conducted within and between themselves, while but 5 per cent are transacted with foreign nations, of which Great Britain gets the largest por- tion. By adopting the republican plan of set- tling the money question the 95 per cent of the commercial business and productive industries of the people of the United States must remain in abeyance to the British gold standard policy, ‘until such agreement can be obtained with the lead- ing commercial nations of the world,” with whom our business relations extends to only 5 per cent of our trade and traffic. Home Protection. The people of the United States who op- pose the republican plan of delay in re- establishing the free coinage of silver are in favor of prompt action and protection to the immense magnitude of American home interests, as against the waiting policy of trying to secure a financial nod of recog- nition from John Bull. Within the limits of the extensive domain of nature’s wealth in this country our 70,- 000,000 population can produce, develop, construct, mine and manufacture all and everythng essential for the prosperity, progress and happiness of the people of the United States without importations of goods and wares from Great Britain or the European continent. Political Armies, The people of the United States in this presidential campaign are organizing into political armies, contesting for the es- tablishment of a settled money policy to become a law of their land. The American forces are composed of volunteers enlisted under the star spangled Oo Dt banner of “Uncle Sam” amd the American eagle, and whose railying: call to duty is: “The government the; American peo- le, by the Americam peopje; for the Amer- ican people,” set toahe patriotic music of the “Battle Cry of dreedem.’” The opposing forcet is dargely composed of tories, shylocks others imbued with the traitorous. spirit: of ;Benedict Arnold, drafted under the ipfluegce of John Bull and the British lionj whose servile Hessian yelp is: “No more ativen.standard money for the people of the Yaited States e: cept by agreement (with foreign nations, set to the tune of “Rule Britannia.” All of which suggests, ‘What's the mat- ter with Hanna?” ., . The Final Action, This iraportant contest of the American people will be peacefully decided at the ballot box on the 8d of November next. Every qualified citizen should cast his ballot to ald in settling this conflict, and every patriotic American should exercise a freeman’s will by voting as his own con- science dictates is for the best interests of the people of his native or adopted land— the United States of America.” SOME SILVER QUESTIONS, Interrogation Points’ That Go Deep Into the Subject. From the New York Lumber Trade Journal. Let us not get mixed up with complex matters in connection with the free silver idea, Let us not befog our brain with argu- ments about the crime of '73, or bother with the many theories which the advocates of free silver are giving us. But let us take a common sense view of the situation. Now, to start with. Suppose Bryan was elected, and the free coinage act had been passed, and that free coinage was an actual fact. Suppose that silver could be taken to the mint and coined into silver dollars, at the ratio of 16 to 1. How would that affect us? We haven’t got any silver coin. A whole lot of people who own silver mines have it, and so they could have it coined into 16-to-1 dollars; but, not having any ourselves, we could not have a solitary, single dollar coined under the free silver act. Now, suppose, however, that all the sil- ver mine owners and others who had silver took it all to Washington or Philadelphia, or to some other United States mint, and had it coined into 16-to-1 dollars, and Suppose so much had been coined that all the silver in the world was made Into 16-to-1 dollars, and Suppose that every one of these dollars were piled in one heap right on the next block, and Suppose every single one of them. was worth 100 cents here and everywhere. What good would they do us, unless we had something,.we could trade by which we could get one? Well, we have something to irade; every- body has. Some have labor, so much for a collar. Some have lumber, so much for a dollar. Some have sugar or potatoes or ham cr ccal or something else, all so :nuch for a dollar. We have advertising and subscriptions, so much for a dollar. When we want one of those silver dollars we cannot go and take {t; they don’t be- long to us; they belong to the men who took the silver to the mint te be coined. If we took one, it would be stealing. If we asked for one for nothing, it would be begging. if the owners gave us one for nothing it would be a gift. If we borrowed one, it would cost us in- terest, and so Most of us, to get one, must trade labor, lumber, sugar, coal, advertising or some- thing to get it. ee is absolutely: and honestly go, isn’t Well, being so, why do we take any chances on the dollar? We can get gold now. It is worth 100 cents on a where. So we have supposed the sliver to be, but Suppose it isn’t. : What then? What is the use of taking a chance un- lees we can do better?-A sliver dollar won't be worth more than’ 100 ¢ents, will it? We are getting that now. Let well enough alone. Some say duty comp2is a democrat to back up and vote for a democrat. You have Bryan's word that he is no democrat. Let him dare deny that he 3aid tt. Some say it Is pretty ba@ now. We might as well take a chance. It can't we worse. What kind of tomfoolery is this? ‘When our baby lay at death's door, cid we do any experimenting? We tried every- thing which could cure, but we did not ex- periment. Are things bad in a business way? Let us tell you somathing to try. Vote down this crowd of repudiators. Tell the world in trumpet tones in No- vember that we want the best money, that we will take no other, and business will revive. Let the capital out that Bryan and his followers have scared under cover and prosperity will come. ——___-e+_______ BRYAN ON THE GOLD STANDARD. dollar every- The Democratic Candidate Addresses Many Thousands at Toledo. Mr. Bryan, the democratic presidential candidate, demonstrated again yesterday that it made no difference whether his voice was hoarse or not by making more speeches than.he.has for several .. days., He made long speeches at Springfield, Ken- ton and Findlay, Ohio, and last night made two more in Toledo. Thirty thousand people is a conservative estimate of the solid acres of humanity gathered in High School Square, Toledo, last evening to hear Mr. Bryan deliver a campaign address. Forty thousand would probably be nearer the correct figure. The audience was very enthusiastic, and at times its cheers became a deafening up- roar. Mr. Bryan was introduced by Judge Lemmon, and spoke, in part, as follows: “Ladies and gentlemen: As I look over this vast audience, which is measured by the acre rather than by the head, I am led to regret that the silver craze is dy- ing out. (Great applause and. laughter.) If this !s what the people do when the silver sentiment is on the wane, what are they going to do when the sentiment begins to Increase? “Between a gold standard and bi- metallism, whether that bimetallism be independent or international (cries of ‘In- dependent’), there is an impassable gulf. Those who believe in a gold standard cannot politically affiliate with those who believe in bimetallism, and those who believe in bimetallism cannot for one hour remain in political association with those who would fasten a gold standard upon the human race. “Upon the action of the United States may depend the action of other nations upon the money question. ,,If the influences which are at work here for the destroyal of silver as a standard, money succeed in this election, and ithe, influence of this nation is cast deliberately upon the success of gold, you must “Yemember that those same influences wit be! turned against weaker nations, and, nation after nation will be driven from the tke of silver as a standard money to ‘the use of gold alone, and every nation that rejoices in the de- mand for gold may ihelpi to increase the purchasing power of,an oynce of gold, and every time the purchasing power of an ounce of gold shall‘Yise ‘the prices of the products of human ‘labor will fall (ap- plause), because a dear dollar is simply an- other definition of cheap, property. “A dollar cannot thy Hore unless prop- erty sells for less. ‘If ydif think you have hard times what Would it_be if these same influences succeeded. in riving India to @ gcld standard, if ley Should succeed in suspending the free coinage of silver in Irdia? Wait until they make gold the standard in India. Wait until thosc 2% = 000,000 of people there reach out for their share of the world’s supply of gold. Where will they get it? They will get it frem the nations which now have it, and they will have less. Wait until these in- fluences have driven China to a gold stardard and her 350,000,000 of people de- mand their share of. the world’s supply of gold. Where wil) they get it? From the nations which now have it, and they will have still less than they have now. Wait until they have driven Japan and South America and all the other silyer- using nations to a gold standard and then what? Then you have a little chunk of gold only twenty-two. feet each way when melted into cubes, and that little chunk oi gold will measure all of the property of the gold. (Applause.) You will then have something like $4,000,000,000 of stand- ard money instead of $8,000,000,000, and those $4,000,000,000 will be in shape where the money can be cornered by the great movey owners of the world, and doled out to mankind at such prices as the owners shall determine. (Applause.) That, my friends, is what the gold standard means. “Suppose the people of this city should derive their water supply from one great spring, and suppose that one spring that furnishes water for all the er and that one spring was controlled by one person, or_a few persons, who acted in concert. What would be the result? No matter how hard times might be for all the rest of the people those who own that spring and furnish that water at what price they would, would always get along tolerably well in this world. (Applause.) “I believe that illustrates just what will go on if the close crusade in favor of gold ecrtinues to its legitimate, its natural, its logical conclusion. It will mean that those who are able to control the supply of the gold of the world will be able to dictate terms to the rest; tt will simply mean that while the people are nominally free they will simply be hewers of wood and drawers of water for those who control the money supply of the world. (Applause., Soe sie THE INDIANAPOLIS GATHERING. Senator Caffery Made Permanen* Chairman and Delivers a Speech. It was 4:15 when Temporary Chairman Flower appeared on the platform to call the afternoon session of the democratic gold standard convention to order yester- day. Both he and Senator Palmer sat on the platform, and were warmly greeted, and an enthusiastic Illinoizan called for three cheers for John M. Palmer, “the grand old man.” They were given with effect. There were no demonstrations as other conspicuous men entered. The gal- leries were more crowied than at the first session, and the proportion of ladies was fully as .arge. The reports of committees were called fcr. The report of the committee on ¢re- dentials was first presented by Chairman Brennan of Wisconsin. The statement in the report that there were present S24 delegates to the convention, representing forty-one states and three territories, was heartily applauded. The report of the committee on permanent organization not being ready, Dr. Everett of Massachusetts was introduced to the convention by Tem- porary Chairman Flower. He was en- thusiastically greeted, and made a stirring speech. Dr. Everett declared that Massachusetts was opposed to sectionalism, anc when he suid that the convention would uphold the bonds of Mr. Cleveland for maintaining the credit of the nation, the delegates jumped to their chairs and joined in a stormy dem- onstratien. Fans, handkerchiefs, flags, everything that was movable, were waved, amid frantic cheering. He made a touch- ing reference to the sad death of ex-Goy. Russell, who, he said, had died of a broken heart because of the folly of his party at Chicago, which was received with rousing cheers. ‘There were loud calls for Bragg, Vilas, Buckner and others when Dr. Everett took his seat; but the committee on permanent organisation was ready, and read its report. The report was read by Delegate Roberts of Missouri. recommended Senator Caf- fery of Louisiana for permanent chairman; John R. Wilson of Indiana, secretary, and Walter Kessler of Indiana, sergeant-at- arms. It also reported on order of busi- ness, The report also recommended that the organization of the party be made per- manent, and that the committee be em- powered to call future conventions. This portion of the report met with a warm re- sponse from the delegates. ‘The report was adopted, and Mr. Bullitt of Pennsylvania and Mr. Lawler of Min- nesota escorted Senator Caffery of Louisi- ana to the platform. In assuming the gavel Senator Caffery made a strong Speech. Wihout being ornate Mr. Caffery is an impressive speaker, clear in logic, bold in statement, emphatic in gesture. He referrei1 occasionally to his manuscript. The convention listened closely and fre- quently interrupted by applause. He spoke as follows: Chairman Caffery’s Address. “I tenler this ccnvention my deepest thanks for the high honor of selecting me to preside over its deliberations. I shall always regard it as the highest horor ever conferred upon me. “Charged by our party with the function of ministering in its temple of faith and teaching the people its true doctrines, our priests have desecrated its altars, broken its shrines and taught false doctrines to the people. We now enter the sanctuary of the temple and take possession of the ark of the covenant of our faith, which we will hereafter vigilantly guard and defend. We will purify its desecrated altars and rebuild its broken shrines. And lest the hearts of the people be stolen away from true democratic faith—the faith of our fathers and founders—we must separate from our brethren who have wrought this evil, and from those who have followed their evil teachings. We cannot follow them in the road they have taken; for their feet are swift to destruction, and their way is the way of death. The ties that bound us were as strong as hooks of steel, and we part from them in sorrow. “Loyalty to party discipline and organi- zation has ever been the pride and strength of our party. Loyalty to principle has ever been, and ever will be, its cardinal and leading tenet, paramount to all others, binding in conscience and guiding the action of every true democrat. Not Bound by the Chicago Convention “If we do not look into evidence aliunde to the Michigan frauds and other devious acts and practices designed to pack the ccnvention, the Chicago platform has the stamp of our party and claims its allegi- ance. But it is a mere simulacrum; a form’ without the substance of democracy, and no democrat is bound by it nor is it entitled to his fealty. The declarations of that platform are ‘open, palpable and fia- grant’ departures from all that democracy has stood for. They assail the money standard of the country and declare for the inflated and depreciated standard of free silver at the ratio of 16 to 1. They as- sail the right and power of the executive to enforce the law and to protect property under the control and in the custody of the federal courts in any state in the Union; they attack the integrity of a co-ordinate branch of the government; they declare that the function of issuing paper money is to be exclusively exercised by the gov- ernment itself; they assail the right of the citizen to contract for payment in any legitimate commodity; they declare that the obligations of the government, for which gold was received and for the pay- ment of which in the same coin the na- tional faith is pledged, may be paid in a depreciated coin, and we declare that each and every one of these attacks and declar- ations are undemocratic. They are an as- sault upon the Constitution, the time-hon- ored principles of the democratic party and the distinguished patriot and statesman who has twice led it to the only victories it has achieved in thirty-six years. “It is the Ishmael of platforms. It raises its hand against some of the principles of both parties and all the principles of the democratic party. It is begotten of the unhallowed union between democracy, Populism and anarchy. And that the Scriptures may be fulfilled, it will be a fugitive and a wanderer on the face of the earth. “We kold that no argument is needed to show the ravolutionary and anarchistic character of the doctrine that the laws cannot be enforced in a state to protect property which is in the jurisdiction of fed- eral courts, or to protect the United States mails, or that the Supreme Court ought to be reorganized, or that the national honor should be stained or the national faith vio- lated, or that the freedom of private con- tract ought to be Imited, or that the func- tion of issuing paper money ought to be exclusively exercised by the federal gov- ernment. We hold that the theory of free coinage of silver with gold at the ratio of 16 to 1 admits of argument, but we hold that the weight of authority, the strength of reasoning and the facts of history all point to its fallacy and the ruinous conse- quences of its adoption. We hold that it will rob the poor man of his wages and the rich man of his wealth; the widow of her savings, the child of its patrimony; the sol- dier of his pension; the industrious of the toil and the inventor of the reward of’ his genius. We hold that it wiil demoralize and seriously disturb the immense trade and commerce of the republic and drive the country to a discredited, depreciated and depreciating standard; smite our finances as with a paisy and trade with a blight We hold that the nation’s credit will fall rrostrate, its obligations will be dishonored and its unsullied character will be stained with fraud and deceit. “We claim that these averments are true, eetablished by historical fact, by un- answerable reason, the opinions of the most distinguished political economists and the common sense and common honesty of the largest portion of our fellow citizens. “The credulity and cupidity of some of our good citizens have been played upon and aroused by artful fanatics and cunning demagogues. There are, however, many honest, patriotic and inteiligent men who cling with all the strength of conviction to the specious but unsound theory of bi- metallisn at 16 to 1. If their theory is de- nounced as false and pernicious, no impu- tation is cast upon their character nor any slur upon their intelligence. Free Coinage the Supreme Issuc. “The free coinage of silver is and has been since Mr. Cleveland's inauguration the supreme, overshadowing issue before the country. Upon that issue the President and a majority of his party's representa- tives in Congress took opposite sides. In consequence he has been powerless to ¢f- fect financial reform and secure immunity from gold raiding on the treasury. “Since the inception of the struggle for free silver no compromise has been pos- sible. Our brethren knew that the battle was on to the death. The nominee of the so-called democratic party has on several occasions proclaimed the irreconcilable na- ture of the conflict. It is a fitting culmina- tion of such a coniest for our brethren to obtain allies from populism at the price of incorporating its nefarious doctrines in their platform and attempting to palm them off as genuine democracy. It was fit that to a degraded and depreciated cur- rency should be added an assassinated judiciary and a powerless executive. “Fellow citizens, we are not traitors to our party. We dre in the house of our fathers. We cannot be driven -from it. We will defend the honor of our country and the integrity of our principles as long as life endures. We can neither be ousted from our political heritage nor forced into the ranks of our old-time adversary. We intend to preserve intact, unimpaired and unsullied, by and through the organiza- tion which we perfect today, the democ- racy of Jefferson, Jackson, Benton and Cleveland. We propose to furnish a refuge and an abiding place for such of our breth- ren as, shocked and grieved at the be- trayal of our principles at Chicago, are in- clined to go to the republican camp. “The principles of democracy are im- perishable. They are antagonistic to the paternalism of the republican and the socialist; the destructiveness of the an- urchist and the vagaries of the inflationist and repudiator. Byron wrote: ‘While the Coliseum stands Rome shall stand, and while Rome. stands, the world.’ We say: “While democracy stands the republic shall stand, and while the republic stands, hu- man liberty.” - “For a season our party may stray after false doctrines and flounder amid quag- of truth mires, until the beacon Itght breaks upon it. It will rise fall, like Antaeus of old, and ashes will ilve its wonted fires.’ If in the decree of fate our party must perish, let no historlan write such epitaph on its tomb as this: ‘Came to en untimely end from swallowing political and financtal poison,’ but rather let this epitaph be written over its honored grave, dug amid the ruins cf the Capitol: ‘It did not survive the loss cf liberty, the destruction of the republic, and the decay of public and private moral: - «Ne New. Creeds. “We age the propagandists of no new creed. We are the uphoiders of the old. We appeal froni’ demotracy drunk with de- lusion to democracy sobered by reason. With an abiding faith tn the intelligence and honesty of our people, we lay before them and the world the reasons that prompt us to unfurl the old flag that has floated over many a triumph and many a defeat, and never yet been soiled by re- pudiation or stained by dishonor. We deem it wise to pursue an ageres- sive rather than a negative policy; to be Achilles “dragging Hector around the. walls of Troy, rather than Achilles sulking in his tent. We propose to make a funeral pyre of the cadavers, of populism and anarchy. We propose to drag behind our triumphant chariot wheels,” in defeat and disgrac around tke national capital the dead Frankenstein personifying their pernicious cs and their turbulent fanaticism. We cannot make bedfellows even in a night of furious storm and this darkness, of our life-long antagonists. We cannot, even to escape as great evils as are the necessary result of the success of the Chi- cago platform, be the executioners of our loved and venerated party. We cannot, even by implication, be held to the false theory that the people can be made rich by taxation, nor to the theory that the fed- eral power and treasury can or ought to be used to impair the autonomy of the states, on one hand, and on ‘he other, to dispense largess to favored classes. The election of McKinley or of Bryan, with our support, would mean the destruction of our whole party for a generaticn. For, when our people racover from the debauch of populism and anarchy they will discard the men who have led their orgy. If we go to McKinley, those men will be the rec- ognized exponents of democracy. When the fumes of the debauch are -lissipated and, sober reason resumes her sway, our flock will turn toward its fold, only to find it -destroyed. We, therefore, stand fast. We sound a bugle call throughout the land for all democrats to rally for the support of government and law, for the honor of thelr country and for the main- tenance and preservation of their creed, its memories and its glories. If not beeded, now, it will be in the near future. And ‘those’ clouds which lowered over our political horizon and darkened our councils will take flight, those opposed eyes which lately met in’ party conflict will be turned all one way and a united and triumphant democracy will march on to victory, under the aegis of the Constitu- tion and under the precepts of the apostles of our faith.” Adjourned to This Morning. At the conclusion of Senator Caffery’s epeech John P. Irish of California was cail- ed for and responded with a speech. Mr. Irish has quite a reputation as an orator and fully justified it. He said there was something appropriate about the selection of Indianapolis for this ccnyention, as there in the days of the war democrats assembled, under the threat of shotted guns, and declared their faith. They were now threatened with something vorse than physical extermination. Their name had been filched and their principles debauched by those who had di: placed that ccde with a creed to which th democratic party had been opposed since there had been a division of parties in the country. His characterization of Mr. Bryan as the “agent of the silver syndicate and the commercial traveler of the millionaire mine owners touring the country for business” raised a laugh, which ended in a round of Gladness Comes wit a better understanding of the transient nature of the many phys- ical ills, which vanish before pro forts—gentle efforts—pleasantefforts— ref- rightly directed. There is comfort in the knowledge, that so many forms of sickness are not due to any actual dis- ease, but simply to a constipated condi- tion of the system, which the pleasant family laxative, Syrup of Figs, prompt- ly removes. That is why it is the only remedy with millions of families, andis everywhere esteemed so highly by all who value health. Its beneficial effects are due to the fact, that itis the one remedy which promotes internal cleanliness without debilitating the organs on which it acts. It is therefore all important, in order to get its bene- ficial effects, to note when you pur- chase, that you have the genuine arti- cle, which is manufact hg the Cali- fornia Fig Syrup Co. only and sold by all reputable di If in the enjoyment of good health, and the system is regular, laxatives or other remedies are then not needed. If afflicted with any actual disease, one may be commended to the most skillful physicians, but if in need of a laxative, one should have the best, and with the well-informed everywhere, ip of Figsstands highest and is most weed used and gives most general yplause when he declared that the general rublic should not be made “the tool of this puppet of syndicates.” He corcluded a glowing peroration with the words: “When this contest is over it will be found that if we haven't vanquish- ed one Gaughter of the herse leech we have at least left her without a sister.” Immediately after Mr. Irish’s speech the convention at 5:3) adjourned until this morning at 11 o'clock. The Na Commiittee, The following are the members of the national committee: Alabama, J. M. Faulkner: Arkansas, C. B. Moore; California, E. B. Pond; Colo- rado, —; Connecticut, Joel A. Sperry; Del- aware, —; Florida, J. D. Abbler; Georgia, Thomas F. Corrigan; Mtnois, —: Indian lowa, L. M. Martin; Kansas, Eugene Hagin; Kentucky, Zack Phelps: Louisiana, M. R. Spelimann; Maine, —; Marylana, —; Massachusetts, —; Michigan, —; Minnesota, M. F. W. McCutcheon; Mississippi, Street; Missourl, —; Montana,—; Ne! <=: New Hampshire, Gordon Woodbury New Jersey, W. J. Curtis; New York, Charles Tracey; North Carolina, Louis D. Lacroix; North Dakota, H. L. Whitehead; Ohio, Talford P. Linn; Oregon, Seth T. McCormick; Pennsylvania, —: land, C. C. Munford; South Carolina, Scuth Dakota, John B. Hanton; see, Michael Savage; Texes, M ford; Vermont, W. H. Creame' Joseph Bryan; Washington, ginia, Randolph Stahinaker; Ellis V. Usher; New Mexico, —. Committee on Resolutions. The following are members of the com- mittee on resolutions: Alabama, Thomas G. Jones; Arkansas, S. W. Fordyce; Call- fornia, John K. Irish; Colorado, Louis R. Ehrich; Connecticut, Lewis Sperry; De Levi A. Bertelot; Florida, T. A. Georgia, D. R. Desausser; Illinois, James E. Eckeis; Indiana, Emery B. Sel- lers; Towa, W. E. Babb; Kansas, W. H. Rossington; Kentucky, George M. Davi Louisiana, Edgar H. Farrar; Maine, C. Ve Holman; Maryland, Philip D. Laird; Mass: chusetts, Henry W. Lamb; Michigan. win F. Connelly; Minnesot homas ©. Kurtz; Mississippi, H. M. Sv Missourt, F. M. Black; Montana, Nelson; N braska, Albert W. Hampshire, , Chariton P. : York, Henry A. Richmon: North Carolina, Lindsay Patterson; North H. Wisconsin, Dakota, P. R. Fulton; Ohio, Virgil P. Klin Oregon, C. E. S. Wood; ennsylvania, George F. Baer; Rhode Island, William C. Baker; South Carolina, W. W. Dakota, W. Crofoot; Tenness: Cooper; Texas, M. Kieberg; Valentine; Virginia, Abe Fulkersun; ington, W. C. Sharpstein; West Virgini Alfred Caldwell; Wisconsin, William Vilas; New Mexico, W. B. Childers. > Washington City Free Library. Despite the excessive heat of August, the monthly report shows that during that month the record of books borrowed has exceeded that of any previous month, the number loaned aggregating 873% volume: Of these, 7,048 were for home use, 1 used in the reading room and 3 in t traveling Mbraries. The total number loa ed since January 6 is 54,057 volumes. Tw hundred and seventy-nine volumes hay been added to the library during the mont 241 being by gift. The monthly addit te the registration list number maki @ total of 4,786. The use of non-ti cards ts growirg in favor, as shown n.onthly issue of 118 of these card ig about it that cannot be read- ily proven. It is a voluntary .! statement from & woman who has been restored to health and strength, and who wishes that her own experience may be duplicated by the experiences of others. Mrs. L. Dedmon, of Fair Grove, Greene Co., Mo., writes: “In July 1895 I was confined. My confinement was premature. About six weeks after, Iwas taken with severe 1 the best doctor the country afforded. I took mi icine for about two months but got no better. was very weak—could not do any of my work. Could scarcely lift a chair. Suffered with pain in my back and hips and had soreness dee} down across me. tion —so the doctor said. consult. Dr. R. V. Pierce you a fall description of my case, me to take your ' Favorit gan taking it at once. In three day change. I took three bottles and the result was @ complete cure. Yt has been six months since I used your medicine, and I feel no return of the disease at all. I wish also to say I had not been strong for many years. I had taken patent med- icines and been attended by doctors but got no better. Today there is not a stronger woran in the country than Tam. 1 suffer no pain at all can work all day and not be tired at night. I can cheerfully say that I believe I owe my health to = use of your valuable medicine, and your good advice. If a copy of Dr. Pierce's “Common Sense Med- ica Adviser" was in house in the United States, half the sickness in the country could be prevented. This great work of over a thousand ges is completcly illustrated with over three Rundred pictures. Ttcontains mauy simple ines: pensive receipts for curing the common ailments which arise in every family. By following its advice, simple home treatment be given for many little ailments. Serious sickness ma: be prevented and many doctor bills saved. Nearly 700.000 copies have been sold at $1.50 per volume, and now an «dition, paper-bonnd, of half a million is bei®, distributed absolutely free. It will be sent post-paid to any one who will send 21 one-cent stamps, to pay the cost of et ttt: FOR BEAUTY ana ECONOMY Use H. W. JOHNS’ LIQUID PAINTS THE STANDARD PAINTS FOR STRUCTURAL PURPOSES. t#” FREE BY MAIL eee Illustrated designs of Cottages with samples of 56 colors secs FREE BY MAIL “= H. W. 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