Logansport Pharos-Tribune from Logansport, Indiana on September 24, 1896 · Page 9
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Logansport Pharos-Tribune from Logansport, Indiana · Page 9

Logansport, Indiana
Issue Date:
Thursday, September 24, 1896
Page 9
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•.i-:,.;, YI S-.,,,;,>:V: ••,.: LOGANSPOM. INDIANA THUKSHAY, SEPTEMBER 24,1896. SPPLEMENT, ™->~>. 'fSi*' t» GOV. FLOWER'S : ARRAY OF FACTS. (Speech at tjie Sound Money Convention, ISSUE, AS CLEAR AS NOOITOAY. 8how< Clearly ftt Indlumpolli' That Ilia of the Country Keinlt from Competition nod Th»t the W»«« Have Been the ». gathering Is notlro to the' world -•the Democratic party lias not yot sur- Adored to Populism and nnarchy. Tho - exounded trinos wore established as the policy of tho government, such predictions being merely tho extreme expression of party politics, but In this election the Issues •around .which tho battle is waging Involve the Integrity of our institutions and tho sacredness of our national honor, and when men havo Btlrrod that deep well of sentiment ordinary party differences disappear, thu moral Issue predominates, and.all gooii citizens stand shoulder to shoulder against thoso who would defile the American name and undermine tho walls of her political structure, Mr. Bryan bikes pains to reiterate, In about every second speech, that ho stands squarely on tho Chicago platform and supports every one of Its plw.ks. Ho has not yet announced hisao- ooptauco Of nil tho planks of tho Populist platform, hut Inasmuch as those a™ only, different In do-rco, and ho has been Identified with Populism quite us much aa with Democracy, It Is but fair to assume thnt ho stands'on both-platforms. No ' ; ,? ui . t ^ radical in his views T^. !: .p S , ns Altgold cr 'find- 'W j les of Democracy, expounded •n and exemplified through a- panmiryu. national history, »™ not dead '^Ifcw-aso thoso principles have boon ropudi- Scd by ft- convention calling Itself Dom- 4boTOtlc,'"but controlled by undemocratic Influences. Thoso are, true Democrats who remain true to the principles of their party, nnd'who refuse to bo-bound by pnrty doc- taxations' which 'hotroy pnrty faiths and broaton both pa*- and country with dis- !• 'j~t ™ ' ^ ;: vlpy our prcsonv.*>e«! wo emphasize the -ji«wlno character of our Democracy and /^demonstrate the patriotic nature of our '•'•-wrtlwwishlp. There havo boon numerous wi^aatahoofcin political history where In the <&iine';of'pftrty.loyalty men have justified ^^r nonsupport'of party platforms or 4<Sadldate»,.nml in too many such cases '•'"""" the movement failed because, when •ed, Its Inspiring Influence was found nothing higher thnn a-desire to o disappointed r.'.nbitlons or to ovor- r a political organization. TO snch sordid motive can bo o.inrged . .'ifeist this gathering. No Democrat hero ... JugTh'thonors from those who framed the "Chicago platform. Every Democrat hero - \BVly political humiliation to expect In : invent of tho succosa of tho Chicago V-of No Democrat honored hero by being j ' o the. candidate of this convention can x. 1 ' '^forward with any reasonable hope to '••>;- Selection. None of us who helped to ^aomlnatohlm can expect to bo participants VHln any distribution of political favors. Wo '-are horo-hccausowo lovo tho Democratic ?arty and because wo lovo our country. •g-Miiat Is tho Inspiration which liaa drawn ^together and encourages our action. V it is tho fact which evidences our si*-. . ty nnd makes our cause strong with "-• : r people. For myself I civn say ; that for £.Covcrlm f -Jcontury X havo boon unfllnch- in my support of Ucniooratlo prlncl- .and'I do not propose to give them up evbrf.lf I have to bolt my party pint-. ^ and ticket In order to maintain thoso ',<ripkM. I have lived and worked or : party in u town and county whore Dem*7 _'.__ — * —. •«...» Ih T<rna onlv bV OO- radica n s vews , Tlllronn, not qulto -. iru'ik as Tom Wat' 1 ^ •on, ho is novorthiilo.'* a«- •"•'•r'--.". of tho revolutionary forw behind him— •ambitious, unsteady and unsafe. Ihoro is nothing In his career or In his present ut- terancos to'onconmgo the hope that If elected ho would rlsoabove his surroundlnes.or gtay the hnnd which threatens to destroy and pervert. Bryan, tlie Word Jiisrelor. An untried man, a' domagofeuo, a wonl 'Juggler, he perhaps wilt represent the rest... loss mob from which ho rose, and- with characteristic recklessness does not hesitate to appeal to base human passions in order to attract votes. That In this incendiary's role, standing, as ho professes to stand, on principles as un-Domocratic as those of Horr Most, ho should deserve by any conception of party regularity, the support of true Democrats is past comprehension and explainable only by Ignorance of tho man and his platform or disloyalty-to genuine party faith. No sound conception of party regularity can justify encouragement to social disorder. Not. even the honest be- Uovor in a silver standard or tho most.en- thusiastic blmctalllst can, f ho bo a, patrl-. .otic c'.tl7.en, conscientiously support the 'forces of polttlcalanarchy. Even the advocacy of free silver-coinage by Bryan and nSany'of his nssoolatw is only a-cloak for -the spirit of re'volution-bohliul ». Every true blmotalllst must.Mush to havo his cause'dependent for success upon thoso who would ^organize the supremo Sort when Its decisions do not plea son. ptrty convention, who would repudiate the national dent If free silver coinage did not accomplish bimetallism, who .would nt- tompt to destroy tho sanctity of prhato CoXc'ts, Who would have th« -mvenimont talnod by the mcn'wli'o dominated flio Chi_ cogo convention or by tho method implied In the Chicago platform. There Is roason to doubt whether tho forces which controlled thnt convention even desired to accomplish ' bimetallism. Tho word bimetr alllsm does not appear in the P! ttt -°™The convention by an overwhelming vote .rejected a proposition pledging tho eftW£~ inoiit to mulnUin the parity of tho two motals. Tho disposition of tho convention, as indicated by its expressions and its actions, was toward silver monometallism or todeemablofmtmoney. As well m ght tho ark of tho covenant havo been Dtrust- ^ofbli^Cto^ev^onS L 1t d0 lsto n t d acSlt task to show that under present conditions free coinage of silver by the United States ""M^ -result in silver monometallism. - to °"°° experiments in that direction have nlioug caused tho loss of a great part of our gold -from circulation. Part o It »« gone abroad, withdrawn from Investment In our industries, w ,d'part has been hoarded for tho day when It should bring n high premium. Our government can go t none except by Incrcasini? tho ^"""SSfflW tho burden of taxation; About ?100,000,000 in' gold is in the United States tea* urj- to support the parity, not ijlono of tho 840 000,000 of greenbacks, which wag Its oiiional bushels upon tho markets or the. world. Tho mmo cheapening in the cost of boots and shoes, of hats and coats and other clothing, which has followed oxcos- shi production In tho manufacture of SMO artldw, has been manifest in the «- cosslvc production of agricultural prod- It is tho old familiar law of supply. o o New York hay Is selling at *1G per ton; last year ItwastlO per ton Do our silver friends a^<»that to the demonetization of silver? They niiuht to if they wish to Inconsistent -Sll- ver oll«« I" «» P° ckct ?° f th ° ;ml r ° Wn " crsnre «* no bonoflt to western farmers What tl^ey want Is prosperous conditions Whkh will P«t Gi^or dollars In tiwte own pockotB, dollars which, when taken out, Will buy just as much as gold dollars. Decline of Frioen General. • However much tho prices of agricultur- products. havo declined they have not n—too devoted to tho interests.of •by ' But In no test of partisanship, been a better friend of tho Dem- .iteratio party than I fed I : «m todaj-la ' 'fining with thoso who would save the •:&im.. from'tho abyss toward which It bos • to' roe Is this ' Democracy upon jfhoso' principles I was rcwcd and for f^^L h ^^^^ - n =r;^ r s^ri us for party and public Irnr-r. And „.!» I'lovo my party and my^couivtry 1 There to do what I canto shield them at ChicagO h dld that aspersions cast by them conditions restore oimecm".-..", "•"• •- r~- bring myself to Intrust so delicate and In portent »n undertaking tomon of Bryan s. Inexperience or associations, and I won d suffer forever the aUegod evils of,a gold standard before I would bo a party to oon- tompt for law, to au attack on our hlghes court, ond to a subversion of our form of ^nmerit by loiullng It down with nn- govommontal functions. Bofore such a fpoctaolo how would tho (.bodes of Jeff er- ^ J;icksou and Tlldon shudder and ^'^Uslhavesald, Mr.. Bryan boldly oSSSltly attempts to dive. Attention from tho revolutionary spirt •which pervades most of that doeu- .ment by confining .tho larger" port ofhis ™t,He utterances to what, ho calls blmotol-. ; and he evidently hopes by ™«8 n1 Importance of this - S U cu= U ^r^^cTCS ^In^n^n^a^tS height put upon It. Only by heroic means L the go^nment boon able to prop up ho Immonso superstructure. But e\an tno p?o?poct of unlimited .liver coinage, onder present conditions would make that fonn dntlon disappear as in it a quicksort IwA you and I and ovory man who :ius proper-: ty or wages would find their value clwnged fromn gold to.n Silver incsisura This would lie tho curtain result of im- -poslng Juch an additional burden "pon •the government, but when with that in view we consider tho disposition of governments to -strengthen their gold serves and tho suspension of ( rcoi ' 11 -" coinage In India, which Jins heretofore Sen^tho world's sink for all Its wrplus allvor but is so no longor.'.tho conclusion to SoVltablo that wo woald bo ruduccd o o silver basis, and to u very cheap silver ^ch'ali^c of standards, ^ n readjustment..of values, not only In tho fear which they would excite,-but in tlio actaal m"ury and Injuftico- they would produce^ would to. the E^tcst.commer- cial nnd industrial evil' ImagimO^ It would MKin, In the flwt place, tilS withdrawal of hundreds of millions of capital Invested in our industries. Uses For ForclBO Gold. ' • Sneer as Mr: Bryan may at our dependence upon foreign gold, tho bare tot:remains that without It tho building of o,ir •£ent railroads, th^"'"*?^*^* farm areas; tho development of our mines, the building .up'of our Induntr nil the stimulus to prosper! . have Klvon—would huve been ' y years., Foreign gola-to Mr- w- dlstortcd vision and demagog c mind, ' of ! ycl!ow fever—what is It'lmt Eumtu. ,.Moli gives work nnd wages, to our citizens, adds to the V^*. 10 ^^^ tie's, makes necessities out of the ^ orln " usuries of life, increases the comforts ami convenience of living, adds to our co i- r'g wealth and prosperity,"until "mvlly ™.™ ^-111 1-p rlnh enough and prosperous cnoug tc >ll 1 ^artof .our o.pltal.'to other ^^-fortun.to o P r advance,! nut ous and In 1ST2, according to government re- 1 mil 12 17-100 cents.. No such proportionate reduction has. h P on seou in the price of wheat or corn.. ThTave^e price 5 wheat In 1870 was 80 cents per bushel in gold, loday it is 50, Mnts-fl. reduction since 1870 Bcarccly half ns-irreat aa tho reduction of freight rates- Mr Bryan's assertions to tho contrary notwithstanding, ^ Tne Atlantic cable has produced the mmo result as regards the rate of Interest D n money that the opening of new lands ? bo extension of transportation Acuities and excessive production havo produced In the prices o£ wheat and corn. It tap i the money supply of the world and brings It to our service. Gold. Brine* Cheaper Interest. our debts In tho kind Oulvr friends claim that the gold dollar has gone up to 300, while tho silver sdn of various Influences wages have risen. ; Harmful to Kallroad Men. 1 There nro soino classes of employees who/ would bo especially affected by a^silver- .standard. I refer particularly to the, sSo.OOO men who ger their wages fronx. steam nnd street surface ra h-oads. Most- oftho' money invested In thoso enterprises, •IB reprcsontecl in bonds, whoso principal and interest are payable in gold. The an-, anal payments required by these obligations of indebtedness nro hundreds of millions of dollars. - If goldgoestoaproml-. um tho holders of these bonds Insist that •$Sr 'terms shall bo fulfilled, and the Interest bo payable lu.gold, it means that, tho railroads havo got to raise that amount ^$gS?&^£g8&. •&&^'S^S^: uncertain omplcyment. • U the companies, have to pay 100 cents premium on gold to ^tisfy their Interest demands, it meanft. doubling their fli-.od charges, and this in the case, of nino railmadsout of ten moans bankruptcy. They cannot increase their, mte of fares,' for that tho legislatures will, not nermit They cannot exact payment of fares In gold. Therefore they must repudiate' their-obligations or cut down. wages-they certainly cannot increaso. ™^cs Whichever horn oC the dilemma thcv choose therefore--.! repudiation of obligation or a reduction of wages -tho employee is no gainer, for even were thcro no reduction of wages under tho free coin-, agoof 50 cent dollars ho ought to rocolvo, twice ns much wages as bo did before In order to put him on an equality with pro-, vious 'conditions, Tho purchasing power of his wages, If the rate remained tho some, would bo cut down one-half. Against such threatened calamities wo have mot as Democrats and as patriots to protest: "Our purpose Is too serious to per- St differences on minor matters orper- TOnanoalousies to divide our councils or weaken our influence. We have come here Ts Democrats to osert such influence as wo may have among Democrats for tho Kood'of our country and tho preservation ' of our party organization for other periods ° f St f t^n say tint in this convention any false note of D-.-.-jcracy was ^ n ^d. Wo Btand for all thr-s should Aspire good cltlzenshlp-for h.^st money, enforc9j.. B>enfof law and or-l.-r, respect for authorr. ttf, tho preservatlo:, ,.£ tho national credit, tho just payment of debts, the dignUy and 'welfare of labor, tho prosperity and fair, name^f America. United in sach a cause we ban go forward with tho'Amorlcan.flag STour banner and the words "National Democrats" inscribed on Us folds. Wo. know no sectional issue or ntorest. We. stond behind the brood shied of. patriot ism and in that sign we^shall conquer. 108 or otncr ioiuiuu»u i^^.«^ -—-• ^•racy that of tho man they nro now vlllify- ?!•';!* Ing", Grovor Cleveland.; •'*• Chl«aito Platform 1 Uo-Ainerloani '"^ Tho danger of tho Chicago platform llo» f f - ,,ot alono nor chiefly in Its dec aration for Srrflnancial policy which would be, rulnou*.. ^ The dancer lies in tho revol.itlonary mini|\ onS.wl.lch controlled the convention and l% n lmatedits platform. Men may . nstly j differ ni to tho host scheme of national flnancefand may debate their dittoronces Without recrimination or without qucs- •SS tho honesty of motives. But when ssttAasfS^.Sps? sff£ssfissssi^z scssssrfCK *S£* majority raise aloft .the j™ 01 ^ banner of tho poor against the rich attack the integrity of tho supreme court, throat' en the subversion of constitutional gunr- • nntocs, Incite disrespect to law and anthor- ' "ty suggest und in. substance-recommend fe-ito" repudiation of national i and private ^obts and reject by Intended Implication 'the fundamental principle of- Domocran*- th»t that government governs, best wni , governs least, ttun it is time, not only for Democrats to forsake that mpUcy and un American gathering, to reject • that nn_ Democratic and un-Amorlcau enunciation of doctrines, and to join, In s-.v.-h manner as may seem best, with, all jiatrlots who cherish their country's honor and wish to protect tho welfare.of its PCOP' 0 - . I mistake the moral sense of tho Amort con people «tho action of the Populists at Chicago, To-onforcod and emphasized by v Sie action of the Popollsts at Si Louis inotroklBdlod tho spirit of American and awakened the' American jcience to tho national dangers which rffcin the forces, and inftwnces behind ™4nondSowoll or Bryan and Watson > real issue In this onmpalgn.is anissu atriotlsrn. In monya pawldontlal olec rhaTtho flght waged, llercdy. between Sndvocotes of different'-political dot ' and 'the rula'/of"4h'e:ooti3»Ty. nu freely predicted U either sot of doo r ^ T t^. Ijo the movement of —. -.. ir t tho' classes, 'to make Democrats omicLuo 13 involved, aud this should ot justify a breaking of .Pf? « 08 - f "* hit-kind of tactics should deceive no one. Wo believe that Mr: Bryan's arguments or free .liver are. fallacious and demo- ^IcTbut wo oppose his ^candidacy not fes^of^^i^r ^zv^™ff$%?? ho ver£ opposite of Democratic, and the upMrTot which demonstrates tho unfl - •Zsrif Brvan and his associates for posl- ions of p^bUe trust. Let not this fact es- ,1™ Democratic ottontlon. Every appeal n^honnropof party regularity 'to.fiapport the' BryanlloketV an ar»««V to suppo: iho governmental "- SI p« cent l».r roonth,.an m that By thUr same Atlantic ca- na to money in England, Gorand Holland, tho rate of interest on government bonds, has been reduced a to 3X per cent, and tho rate of wostorn cities does not now «- ced rom 0 to. 3 per cent per annum,^nd 'good mortgages havo been mode in Chico- Topeka and Santa Fo ^ EX-SECRETARY SCHURZ. L1IHLLU w* t*"ii..» norform 'tho -flamo good' mission, ^- thougMt bo, foe other people? Who would rejeof it -botouso.lt conies, aa some of H probably di.cs/ from tho drones of Europe? To what bettor use cub tho accumulated wciiltl. of England's aristocracy be put than to build up American industries? The'withdrawal of Europeai\ capitnl would still further depress values and en- 'ooaraBo' panic! So largo a proportion of our business' Is dona on credit, and cred t islueh a Blender Biipport, that when credit 3 attacked, It matters not how much ir.on- oy?there may to in. tho. country,'t will r'-i ™thi.V'! 'to prevent tho contraction **•" •'•"• .•' * .. _ , • ,,,rtrt n MrtTl B h.» S Clearly Thmt Free HllT«r W.«W Knln Indultry. : Hon. Carl'Schurz, ex^secretary of the interior, addressed'on immense audience in Central Music ball, Chicago, on Sap- tember D.. Speaking: of a possible free- silver victory, he said: Consider what the immediate conser quenccs would be if Mr. Bryan were ress to quenccs wou . elected president, with a congress to course be worlc? 'rue suclacn disappearance 01 our gold from circulation would pro- ; '(hiee the most stringenfccontraction of y the currency, on record. Businessmen,. • who own money nnc! at the same time |'. 'have money due 1hcm will be forced to • collect' that money by every means at '.their disposal. Kobody will be inclined to lend out money except upon, ex-; -.. traordinary security. The banks will ; •naturally consider it their duty to keep 'themselves strong, and therefore, to call in loans and to restrict their discounts and advances to business men with the ' utmost caution. Business establish-, ments, manufactories, mercantile houses, unable to get the money .for meeting their obligations, will by the hundreds succumb to their cmbarrass- Bients and tumble- down like a row o. bricks. Others Tvill cautiously restrict their operations to the narrowest possible limit, and wage-earners by the tbou- •eands will lose their employment and be turned into the street. How can I foretell these things with so much assurance? Because they have, already cast their shadows before. Do , you remember the crisis'of 1833, when . the silver basis was in sight? And now ogain the mere apprehension of a possi- . bility of Mr. Bryan's election and of the H consequent slipping of our country upon :the silver 'basis has already caused un- . told'millions' of our securities to be thrown upon, the market in Europe as well as here. • • Scores of husiness orders are already recalled, a- large number of m anufactur • ingcstablishmentshave already stoppeo or restricted their operations, enterprise is already discouraged and nearly paralyzed, many-works of public utility by'industrial'or railroad .companies have already -been ' ordered off. thou sands of workingmen are already -thrown out of employment, gold is already/being hoarder, capital is already being sent out of the country'to be invested in Europe for safety. • And why all this? Kot, as the silver men foolishly pretend, because the existing gold standard has made.money scarce, for capital is lying idle, in heaps,: -cores upon scores of millions, faivly yearning for safe employment >o. Ask those.concerned why all this hap-, pens, nnd with one voice they wxll tell you it is because they apprehend serious . danger to every dollar ventured out through the change'of our standard of value in prospect, through the debase... • . ment of our currency threatened by the free-silver coinage, movement. And il these are the effects of a mere apprehension of a.possibility, what would be the effect of the event itself? BENDIX |N~A~POUT. Head Violinist In Thomas' orclxsstrm Feel* Slighted arid Will On'*Max Bendix, principal violinist in Theodore Thomas' Chicago orchestra, has announced his intention of with-. ' :i;v^d for : oC cm- Against of events No kind .,•:«- p^dl'otlon, to llnvLte"not"oBly the evil: Which would follow a silver stamtel. Iv.. ~. --1ch would follow Irredoemublc pa- oy for even purely .fiat, money be recommended In this Chicago platform. Tho. men-who represent such a conglomeration of ' poor . principles nnd radical notions are not Democrats. Thtv have no clalm:on Democrats, "jid Thoso mean 1 - - riflcos of liricca, dlminlshu.l ,,. S^'povc^J^I s^ratsSSs^^^ of tho" people thai; tho money which n'.wis: U re"the P Sehanecable .^Ino'of tUolvwrn- mnditlcs'ana florvlcos wul «clorlU-s rt«. Btr'uc'ture r.i thclv system of credit is sound .and stable nnd-will remain so. ' Brynn a Quack Doctor. Ono-chnrnctoristio of political remedies ndwinistcreu nnd recommenaca.by quack political doctors Is.that they area.llopcdto . cure alldiw.iiw. To every man In distress inany part of tho country the rtonioneti™- ilon of silver ^pointed out r.s the cat.se of ' Ma misorv nnd tho romonctization of fill-. vor as hls y roniedy: ' By reason of perfectly H- i\Vf\ °5 -VOllPS WgO. Aitwi.v *^ « ™»^rv^ P ^ S^fe^rc^ii 'Si silver connwj-. '* »"-•- —•- . ^ oasol i, 1 _ 3 ..V , to ndard and agroo to pay un- ame standard, the lender can af- lo:i-j. his money at a cheaper ra " B rT.n-.'A..a«,pilon.. , AH of Mr. Bryan's '.spcolbusplnas and arguments for silver are based on the as- •Sttori that the free colnagoof silver by the 1 United States alone would establish. aad maintain bimetallism-tho ; parlty of, •1.1 nml silver at the exchangeable ratio S !W to 1 If that assumption Is incorroet ^r m founded each of his arguments falls to e wound'and every one of , his.pred - « 'raotalllsm, and nearly, everything ho W* on that snbjobt Is equally ap F Hcablo to silver: nionometallism : also. ., _ !BimotBlll8m.ii.a genuine Demooratio but bimetallism <*» novor ta ftt- . cne.but-^thto. decline !• attributed by:, thoso political quacks to the demonetiza- tion of silver, and tho farmer, along with, ovoVy other man who finds it hard to mako both ends meet, is told that by ™™*"»: IBB silver wheat will go to $1 a bushel nndo her farm products will rise propor- If th.Is.woro true, rising prices the' commodities which UlOCt C11O CUliim""'" 11 "' — .-. buva, tho Interest ho pays'on his dobf. tho'freight-rates which.determine, tbo coet of (retting his products to-markot, and ho would bo relatively no bettor off, than before. To expert tho. farmer to .ao-. cept so great a delusion U to presume-upon' fats' intelligence. Ask ,tho farmers of ,ny "tote why they ore ,g ylng up tho pro- Suction-of-whc :l t and.eqrn and they will not toll you It 13 because of tho doprocla- .tlon of 'silver." 'They will--point to-those foTnot1ompoto > w'lth 0 .thoso / in. tho growth' '6? the Btaplo'cereals. And'they havo taken •to raislnB othorcrop's which are more prof- S aurt.less' .competitive. Thermo tendency is manifest throughout the agrl- ' cultural world. K.ot only have -thousands of dcres of western lands in America been . "hrmvl open to motivation, within reeent .years, but,in;RuasiaiInuhvandithe.Argen- tine .Republic, railroads and .enterprise bayo brought largo additional acreage un- dep cultivation andlwired mWlons of ad- ttmn WhOll no 1OU1J8 i" 1U '• K-..*.-.—-y may depreo^to before tho return of his "T sliver standard would work pnrticu- lar in u^r to wage earners. The rich and well todo can usually take core of thom- lolves but tho man who has a vital interest in every day's wnges, whoso family de- nonas upon those wage* for its bread and Cat is tlio person first to fool tho-.tojury ™d la t to feel any possible benefit from an inflation of the currency., Not only ho for' one year, or two years, or, ,s many years, feel tho offoct.of the itlon of industry and business which ot least-bo tho first result of a ehanBO to the silver standard, but when ?hat wore away, as. it probably would in thocwrsoof tlmo,and the full effects of u fflSn of tho'currency under unllm- ?tod silver coinage began to be manifested, hiTwould find tho prices of .food, of cloth- ta B of rents rising, but his wages would ^rn'aln- "tationary, for it is an«*°nomlo foot that in an era of rising prices wages ' ho tost to fool tho influence. . So long teadTwork is assured, tho laborer s 'jff under tho condition of fall- i such us wo have . had for many tho ".cost of production of com-: prCOlUtillVl YTl-V^ •- -"—O- match. Mr. Bryan would, of course, be anxious to.have his free-coinage law enacted, but that could not be, even if he called an extra session of congress, until some time in April or May, five or six -months after the day of election. But as soon as on the 4th of November the result of the election was announced 'everybody would know that the parity of, gold and silver would not be maintained. It having been made certain by Mr. Brvan's election that the parity of ?old and silver would not be maintained, there would bo'a rush upon the lieasury for the gold in it by the persons hold- inir frreenbocks entitled to redemption, and the gold reserve would be exhausted in'B twinkling.' Gold will'instantly disappear from circulation, to be hoard-, ed or exported.: Why will it disappear? Because every sensible person when making a payment will prefer to make it in the less valuable dollar, and hold the more valuable gold dollarlxack for more profitable use. Gold will therefore quickly rise to a premium, and we shall be on the-silver basis long before n free-coinage law con. be enacted Our daily transactions in buying and sell- Ing," in V*y&e and receiving waffes, will no longer be carried, on upon the, basis of the gold dollar worth IOCI cenl* but of the silver dollor worth.50 cents or 'thereabout, for the government-mil no longer hold up the silver dollar to the value of the gold dollar. That ,1s what the silver basifl means. \<m can study in Mexico how it works. The quantity of gold vanishing from circulation will amount to about $500,000,000, the. disappearance of wiich will make o. tremendous hole m tne volume of our currency. But, says tie silver man, thexe will be free wher. coinage to fill the gnp promptly with coined silver or silver certificates. Oh, no; my fellow sufferers. The ?isapP^-- ance of gold Will happen promptly after the election of Mr. Bryan, and there will not possibly be any free coinage of silver for at least six months,^and it will require a great many more months to fill a gap of $600,000,000. : .. What will happen meanwhile^: Ibe St ; Louis Globe-Democrat reports Mr. Bryan to have »id some time ago: I think it—meaning- the victory pi.,wo free-coluage movejneaitr-^will causu -a^ - nanie; But the country is' in a deplot- abl'e condition, and it will talve extreme ; moasurcs;.to restore it .to a condition of. nrosnerity." WheraSpon the St. Lows S pofntedly rcKs: "Evidently. Mr BrVa : n hBB-heara of the doctor who always threw his patient into fits before, •administering a»y .curative medicine. : Just so. , 'net" :' ttow,(«ien,r,would;Mr. Bryan s fit.. UU9 HJjUVliiJ^*-** 44** »*.».».««-.•——drawing from the organi^tion, with which he has been connected for ten years Mr. Bendix once tendered his resignation, just after the close of the > world's fair, because of friction bo-- twecn himself and Conductor Tborna* , but was induced to remain- Since the announcement six weeks ago, however that Arthur Mccs, of New York, bad been engaged as assistant conductor, a position to '-which Mr. Bendix, as con- ccrtmcistcr, thought himself, entitled, he has 'determined .to resign. The thought of sleeping with such' bedfellows, disgusts UndeSam. Fight In r Their Shndowi. The sixteen to one agitators who are urffinsr.the people to'fi^ht an ima^ary , money power arc merely warring. rJainst their own shadows. The only "money.power" in this country » a creature of the silver-He's imagination which is to be found nowhere because , W has no'real existence. Like the man whose fears of ghosts and hobgoblms lead him to see in his shadow cast by the moon a frightful monster ready to devour him, the cheap money advocate*. ece : In the effects of their attack on our financial .system, the work of an evil demon' which is destroying- -l)usiBCSs and •impoverishing'' the people. It is not creditable to the common sense^i-. the American voters' that; the ghost rtorles of deluded believers m free,sU- ™ should be listened to, much less so . 'that driycon 5 »dcrable number .of people khdnld- be scared by phantoms into a«- cejtiriff ft eospel one-half hmntaff «« one-half repudiation. Bu a Fondnem f o» O»t§. A'coloreamanin.IndianapoliBliasbeWi' .wrested" for the eighth, toe for steal- Jng ottts) He'iievcrsteals anytninfrcuc. end he has come to be Idiown as

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