Omaha daily bee. (Omaha [Neb.]) 187?-1922, August 10, 1899, Page 9, Image 9

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"Coin" Harvey's Lecture on
Law and Civilization.
Verbatim Report of the Address Which the Apostle
of 16 to 1 Free Coinage Is Deliveriag at the
Various Nebraska Towns Where He Is
Billed to Speak.
Following' Is a verbatim report ot the
speech which "Coin"
Harvey Is delivering
through6ut Nebraska , and which ho delivered
at Blair August 7 :
"Mr. Chairman , Ladles and Gentlemen :
I appreciate that I am about to address ono
of the most Intelligent audiences In the
United States , from the plains ot Nebraska ,
men and Women who have grown up In this
mighty west , and who arc moro capable
of grasping questions ot statesmanship than
are tbo pcoplo In the cities , where their
minds are moro narrow and contracted.
"In the beginning I want to annaunco
8omo elumcntary principles. Ono of them Is
this : Man serves himself best by promoting
meting the common good.
"Another truth Is this : The true purpose
of human government Is the promotion and
development of the human race.
' Another truth is this : When humanity
and property interests como into Irrecon
cilable conflict the latter should bo made
to give way to the former.
"Another truth la this : A statesman Is
a man who wants to do something for his
country. A politician Is a man who wantj
his country to do something for him.
' 'Another truth Is this : A smile begets
acfimlle ; a kindness begets a kindness. On
the other hand , abuse begets abuse , and
cruelty begets cruelty.
"Another truth Is this : If ever the human
race Is emancipated from sin , sorrow and
death It will bo through a peaceable vic
tory. '
"Another truth Is this : Individual selfish
ness 'crystallized Into the laws of 'nations Is
the causo'of the , overthrow of republics and
is tka mother of monarchies.
"Whenever the people , by education nnd
training , become worshipers of Mammon
laws Js a rule are made and construed in the
Interest of Mammon , of property , and hu
manity is ncclectcd.
"Another truth is this : No ncoplo can
advance their civilization where a majority
ot the people are tenants and not owners
ot hqmes. . 'A. true test of tlio decline of
civilization Is whether your population Is
decreasing in homo ownership.
'Theories of Government. ' *
"An elementary principle of republican
government is this : That when you permit
a class of people to do your thinking for you
ou a Question of national policy it results
in that class 'Influencing ' legislation In Its
selfish interest and acalnst the interest of
the masses.
"Tho theory of a democracy or republic
is that all the pcoplo should bo educated on
questions of national nollcy , and then ,
ttirough the ballot box , by a majority ex
pression ot opinion , you most nearly arrive
at an unselfish government.
.VA tact is this : No people as a whole
have over understood the effect of laws on
civilization. I want to Illustrate that.
"Under a law In England the owner
of , land can settle it on the oldest son , to
descend Indefinitely from oldest son to old
est1 son ; tt la known as the law of entail ,
nnff under the law , In time , SO per cent of
all the lands went Into the possession of
less than 1 per cent of the people ; flio 99
.pe'r cent of the people became tenants. t
" .Whllo our forefathers understood the of-
feet of that law on civilization , and provided
against It In the constitutional laws ot this
country , and1 while wo by Inheritance , as it
were , understand that that was its effect ,
yet the people living under It have not as
a whole understood the effect of that Jaw on
their civilization. And why ? Because the
landlord's butler , his servants , his tenants ,
the merchant In the village who caters to
2ils trade ; the lawyer and doctor , who want
lls Influence in practice , and too often the
minister , whose salary is paid by him , nil
unconsciously side with ( him , or else have
their political opinion moulded by the opin
ion ot the dominant power , the landlord ;
"It is not easy for a people to break
through the oncrustmonts In which they are
environed in this or any other age.
"We , too , have laws that are as silently
nnd unconsciously transferring the. property
of the many to the few , as the law of entail
transferred 99 per cent of .tho lands to lesu
than 1 per cent of the people. And
hero wo , too , have the same difficulty
in undorstandhig those laws that arc affect
ing us , and for the same reason the em
ploye dependent upon the employer for his
dally bread , the merchant indebted to the
bank , tbo corporation lawyer indebted to h's
clients for Ilia salary , all moro or less un
consciously mold their political sentiment by
the known eontlmcnt of the domlnnn : class.
Gets Down to Finance.
"Chief among the laws to which I refer
are our financial laws. If there is a money
lender hero tonight who listens to mo , I
want to say to him that I mean what I say
In all kindness to him.
"This is a question ot civilization affectIng -
Ing 'tho American republic and Its posterity.
There IB nothing to be made by railing at
the rich , as su/ch. The poor , as a rule , would
act Just as the rich act it the situation were
reversed. This is a question , of educating
nd enlarging the soul , broadening the mind
end loosening the ligaments of covotousnras
f round the heart ,
"Money is the blood of commerce ; the
fife-giving fluid of civilization ; the proto
plasm of Bocloty. Money la a medium of ex
change making possible tbo distribution of
the wealth , the product of the energy of th&
people. , Without it you could have no dl -
trlbutlon such as produces civilization.
Money is a necessity.
"Wheat ami meat are regarded as neces
sities , and yet you con do without cither
wheat or meat and still bo healthy and
( happy , but you cannot imagine yourself u
part of civilization and do without money.
Without it society would return to barbarism.
Money IB a necessity.
"When a thing Is a necessity there should
be a normal quantity of dt I said wheat
was a necessity ; H Is BO regarded. If we
' bad laws encouraging the hoarding of wheat
until society was Inconvenienced for the
vant of it , you would bo In favor of re
pealing these laws , and if there were not
enough wheat raised you would be In favor
of raising more of It.
"Money Is a greater nccsslty to society
than wheat. And if we have laws encourag
ing tbo hoarding of money until society is
Inconvenienced tor the want of it , you
hould bo In favor of repealing those laws ;
and If there la not enough money made you
should bo In favor of making more of it.
.Vnrinnl tiuiiiily of Moiu'y.
"What Is a normal supply of money ? '
"Let me eay something by way of sugges
tion : The report of the Treasury
( department shows that the baliks of
tbU country have loaned out money mainly
to business men , The banks loan , on thort
paper , mainly to business men. What they
loan to other 'than business men Is more
than made up for by loans to made to busi
ness men from oilier sources than banks.
It shows that the banks of tbo United States
have 15,400.000,000 loaned out.
' Whtt U means is that it takes 15.400-
000,000 to. run the business of tbo United
States. There U only Jl.SOO.OOO.OOO In the
Uojtcd States , yet the banks alone have
three times that amount out drawing in- '
tores t.
"How do they do It ? It is done this
way : You deposit $1,000 in bank. It Is
your money. You take credit on your pass
book. The bank loans that $1,000 to'D.
Under the workings of tbo banking system
1) redeposlta the amount and takes credit
on his pass book ; the bank loans It again
to C , and C rcdoposlts it ; the bank loans
It again to D , and D redeposlts It. Now
the bank is down to Its 23 per cent reserve
nnd it has taken the $1,000 and stretched
it three times.
"What the Drst proposition means Is that
our banking system takes $1,800,000,000 in
tbo United States and stretches It but llko
a pleco ot rubber until it is $5,400,000,000 ,
and ono end ot that rubber is against your
face , and periodically the banks let loose
of the other end.
Triple Intercut P y me lit.
"What It means Is that In order to get
a normal supply of money In order to con
duct the business ot the United States you
have set up a system in our civillzatlcn by
which the people are paying tribute three
times on that money.
"Suppose 8 per cent Is the rate of Interest.
You nro paying 8 per cent three times , or
24 per cent on the $1,800,000,000 , In order
to get a normal supply of money , that which
you could get yourself if you had states
men In congress.
"At C per cent it is 18 per cent that the
Industrious of this country are paying out
to a class of men who never made anything
to eat or wear , and the people who make
what wo cat and wear arc contributing It
to the people iwho are interested In class
legislation producing that condition.
"Here is n fact. But , .before I proceed ,
if there Is any answer to what I have Just
said , I pause for a reply to it. And I
will give any gentleman who wants to an
swer It an opportunity , standing at his seater
or on the platform.
"Wo nro living in environments that are
holding us back from a greater and n grander
civilization. Just as our progenitors , In their
days , in the past history of the world , have
been held back.
Wlint itluUcn Price.
"What Is the fact ? What makes price ?
Price of corn , price of wheat , price ot any
thing ? Is It the quantity of money in the
market in search of property or the quan
tity of property in the market in search of
money ? If there bo little money In tha mar
ket in search of property and a proportionately
tionately larger amount of property in search
of money , property must bid high in order
lo got the money , which means a low price
for property nnd a high price for money.
If the money is larger proportionately In
quantity in the market in search of prop
erty , then property does not have to glvo so
much to get the money and a higher price
Is demanded for property. It is the rela
tive quantity of each in the market In search
of the other.
"Now , to that add thla : Money in bank ,
to t loan , is not money in the market in
eeaneh of property until a borrower inter
venes. Take your house and lot and go
into I the market in search of money and the
bankers 1 will .not , takq your property ; all of
the t money In tbo hands of the bankers is for
purposes of loan.
"No matter how you haiwk your property
on tbo market or the urico at which you
offer it. their money Is money to loan nnd
cot to buy. Their business is money loan-
In 1 * ; and it is not for speculation or Invest
ments in property. And when a time
arrives , such as has arrived now , and which
may become- aggravated , when all the money ,
or practically all of it , is In the hands of
the money lenders and piled up in the banks ,
you have money hoarded for other purposes
than the purpose for which money was in
tended as a medium of exchange and as
a blood of civilization.
Sacred Ilutlo of Coinage.
"Our ancestors , 4,000 years ago ,
wcro brought face to face with this ques
tion. AVhen this republic was in its In
fancy our forefathers , recognizing that
money was a necessity and that it was
statesmanship to provide it , adopted a sys
tem known -bimetallism , which is two
metals in competition with each other to
supply the demand for money , gold and sil
ver , at a fixed ratio. All that ratio means
is relative wclcbt of the two dollars , the
silver dollar and the cold dollar. Sixteen
to one means that the silver dollar weighs
sixteen .times as much as the gold dollar.
That is all there Is In ratio the relative
weight of tbo two dollars ; the mints- open
to coin , all that comes of either.
"Our forefathers thought of putting a
premium oa It. Why ? Because society
needed money and their Idea was.that money
could only bo made that way. The mints
opened to oil the coin that came of either
an option with the people to use cither.
That Is bimetallism1 the two metals coined
into mouoy at the ratio fixed by law govern
ing tbo relative weights. Option with the
people meant that the people would use
the ono that < was tbo most accessible. It
does not mean tbi t wo should use an equal
quantity ot the two , nor 6 per cent of one
and 95 per cent of the other , but use either.
"Tho option was with tho.pcopjo , and If
gold were up a llttlo the people shifted the
demand to the cheaper or more accessible ,
tfhat brought this ono down by taking the
demand away from It nnd brought this ono
up by putting the demand on It , and if It
went up a llttlo and becmmo less accessible
the people Bulfted the demand to the other ,
thus bringing this one back and this ono up. .
Ami for 300 years that option rested with the
people , the mints were open ; tuey lot the
supply como automatically and rcgulato the
commercial parity of the two metals at the
ratio that they were coined Into money ,
noltbor of them ever going above or below
3 per cent from par , and that slight oscilla
tion was the Inclination to come up and
bring property down ; It was .the . Inclination
of ono of the metals to come up
and the other had the option of pulling it
back ; it was a slight oscillation aa evidence
ot the elasticity of a financial system ba cd
on two metals.
Want u Stulile Curri-tior *
"What you want Is a stable monetary sys
tem. And what la It ? Suppono en thla wall
by the balcony , there was a blue light hall
way between the floor and the celling and I
represented money. On this aldo was a ro.v
ot red lights , running along the catiio
length , aiid each red light represented some
kind of pc-perty , wheat , cottou , corn or
something else. Here Is what you see under
n Btuble ( monetary system. The blua llgl-t
would be stationary , Tbo row ot red lights ,
on the uv-iagfc , would remain In line bill
one wouM be bobbing up , another da-vn
another up , m tbo law of supply and de >
mand applied to It , but , on the whole , the
average tendency would be to ic.m.iii la the
row , the average getting neither nearer the
celling nor tt > e floor > aud y ° u could contract
a debt in 1SG9 , when you put a $75.000 mort
gage on your county , and thli-ty years after
that time you could pay ttm debt with as
mauy bushels of wheat or oe many bushels
of corn i you could have paid It with when
you contracted the debt In 1869. That would
be a stable monetary system.
"In bimetallism , If one of the metals
wanted to go up , the other pulled It back ,
because the two were In competition with
each other. Under monometallism you have
only the ono metal for your standard money ,
and If it goes up property goes down. The
row of red lights ROCS toward the floor.
The blua light la going up toward the cell-
Ing. And when you have monometallism ,
your system based upon ono metal , and that
metal goes up by the law of supply and
demand , there Is nothing to save you from
confiscation of your property , unless you
are moro fortunate than the average mail
In making money with which to meet your
dobta , national , state , county and indi
vidual.
IllnictulUim mid Nnturc.
"Bimetallism is taught us by the laws
of nature. You have two eyes , ono re
lieving the etraln on the other. Two ears ;
two arms , one assisting the other. You
have ono head , but two lobes to the brain.
Ono chest , but two lobes to your lung. Ono
body , but supported by two limbs. And
under bimetallism we hod one financial
system composed of two metals , and they
governed each other , thus furnishing a moro
ttablo monetary system than on ono metal.
Monometallism , ono metal , is a one-eyed
Inanclal policy ; It lo a one-lunged monc-
ary system ; it Is a bicycle with one wheel.
"When you transferred your monetary
system from two metals , as standard money ,
to ouo metal , and closed the mints In the
Face of the other , you Increased the demand
for gold. By the act of 1878 the act of
1873 was authorized to bo written in the
bonds and mortgages of the country. The
people -were aroused. .A sop had to bo
thrown to them , and it was tbo Bland-
Allison act. Silver dollars shall be legal
tender except where otherwise provided In
the contract. That authorized the creditor
to wrlto 'gold' In the note and bond.
"Under bimetallism , the financial system
of our forefathers , you could not put one
metal in the contract. It would have been
unlawful ; It would have been against public
policy ; it would have destroyed the system
of bimetallism. The contract read coin ot
lawful money.
"Following the act of 1878 a gold note
appeared on the counter ot the banker.
Suppose the merchant that it was shown
to refused to sign it. Ho wanted to borrow
$1,000 , and he realized that the signing
ot that note would increase the demand for
gold , and went back to his store , but when
ho came to a full realization of what that
$1,000 meant to him ; that if he did not get
It his creditor , the wholesale house , would
come down on him and bring his
other creditors on him , ho realized then
what a necessity money was to civilization ,
and ho went back and signed the note.
"If you want to realize what a necessity
money 4s go with mo to the pawn shop
where the mother is pawning her wedding
ring , the only relic , the dearest relic of her
earlier and ihapplor days.
Ilulc of Politician * .
"When politicians rule and not ( statesmen ,
and authorized the writing of gold as ono
of the metals in the contract , it gave the
option to the creditor. Before , the , optlon
was with the debtor , and , ho automatically
selected the cheaper , the more accessible
metal , and thus maintained' ' the commercial
parity between the two motals. But when
you gave the creditor the option ho natur
ally selected the dearer metal and the
dearer It got the moro apt ho was to de
mand it also when you realize what money
Is to civilization , and put the whip handle
in the hand of the creditor , who holds a
power ever the people , as I would hold
over a starving woman had I bread and
meat in , my hand.
"With a rising money and falling prices
the ipeoplo are asking money lenders for
money , to borrow It , and the money lender
can demand the ono metal authorized by
law , cither , of them , written In the con
tract. And thus the gold standard of
1873 came ready to the hand of the later law
and got into the 'bonds ' and mortgages
and notes of the people and as they in
creased It started elo-wly then came re
funding to get the prior debts refunded into
gold bonds , until your whole debts from
1860 to 1873 are now mainly represented by
refund debts ; they are the same deb to as ot
old until the contracts calling for gold in
creased , gradually increased , and thus the
demand for gold grew and as the demand
for gold grow the 'two ' metals naturally
parted company.
Automatic Parity.
"Whereas , before , the commercial parity
waa automatically maintained , now , under
the later law , the demand for one metal in-
crcasea and they naturally pulled apart
and Instead of 3 per cent , which was the
maximum under bimetallism , It is now over
EO per cent. No other reason to aocount for
it in the world than that the demand has
increased for one.
"Statisticians say that products of the
world have declined since 1873 52 per c&m
as measured In gold or its equivalent. Sil
ver is dependent upon the same conditions
Sliver has not declined as compared with
the value of products. It Is along with them
holding the same honest relative value ; they
have all declined aa compared < wlth gold and
IU equivalent. What It means Is that gold
bos risen in value ; the others are all keep
ing company together. The blue- light bos
gone up.
' < Here Is the deception : Wo look on the
dollar as a dollar. It Is one method of
computing its rise and fall In dollars. You
do not say that it is worth $1.10 , If it rises
in value , if it takes more to get it. You do
not say It is worth $1.10 , $1.40 or $2. $ That
is not the way you estimate the rises
of the dollar. We estimate the rise 01
the dollar by the fall of prices , namely , li
it takes more and more of your property
to buy the dollar , and the apparently sta
tionary dollar has deceived the people , be
CUUBO , nominally it Is stationary ,
"This illustrates It : The people of the
world once thought that the earth was flai
aud that the sun went around us every
twenty-four hours , and they called It the
rising and the setting of the sun. Appar
ently the earth was stationary and the eun
moving , but we have now discovered thai
the earth Is round and not flat , and thai
the earth turns around every twenty-foui
hours and is not stationary , and that the
sun really Is stationary , although It Bill
seems to us as though the sun were movlnj
and the earth motionless , and we call it the
rising and ( he setting of the sun , when in
fact It Is wo who rise and aet. Oold am
its equivalent is rising , and here U where
it Is ot Interest to you , ano , ladles , to you.
"The happiness ot the babes In the laps
of the mothers in the world tonight and the
countless millions yet unborn to coma upon
this earth Is In the keeping of the present
g < neraton | , and U depends upon whether
you are eelflshly Asleep on this question or
Intelligently grasp It.
American * n Credit People.
"Here 1s where it cornea to you. Wo are a
credit people. In thU so-called civilization
we have a eystem of contracting debts. We
never have bad a normal lupply of money.
We have allowed a class of people to do our
thinking for u , believing that they knew
moro about money than wo did. They i
understand how to make money for them
selves , but as a question of national policy '
and civilization they are no more cnpaWo
of studying it than you are , and when you
leave that class to do your thinking for you
on the question ot civilization , as Jefferson
and others said , it Will result In legislation
In their selfish Interests and against your In
terests.
"Wo are a credit people , and when you
have a rising money , which Is falling prices ,
you are forced Into the bands of the money
lenders to get that necessity which will
maintain you in pcnco whlllo waiting for
the good times to return ,
"In 1873 wo were only nominally In debt.
Flvo billions ot dollars would bavo covered
the indebtedness of the people of the United
States as a whole , national , state , municipal ,
corporate and Individual. Now wo are In
debted as a whole $40,000,000,000. It Is
conceded by the financiers of Now York
that wo are In debt over $30,000,000,000.
"You will understand what that means
when I eay to you that the total assessed
value of all the real and personal property
n the United States , by tbo census ot 1S90 ,
s $24,600,000.000 , nioro than $5,000,000,000
ess than the conceded Indebtedness of the
United States as a whole.
"How are you going to pay oil that with
cotton at 5 cents , wheat at 70 cents and
corn at 25 cents ? What it means is this :
With a rising money and falling prices you
are driven Into debt , the pcoplo as a whole
are driven Into debt , consciously or un
consciously , end then the heavy hand ot
.ho auctioneer conflscatea the property ot
tbo people.
"What It means Is this , that the property ,
of the people Is being as silently transferred
: o 1 per cent of the people as under the
aw of entail 99 per cent of all tbo lands
passed into the possession of less than 1
ler cent of the people , -which operation of
.ho law that has divided the Intelligence
of the American people thus far as a ma-
lorlty by reason of the Influence of the
dominant class.
Cnlln It Conllxcntlon.
"Let all the bankers ot the United States
oJay come over to our system and this
question is settled In a day , as soon as con
gress can meet and pass the act
a law confiscating the property of the
icoplo of the United States and reducing the
uasscs to tenantry mainly by reason ot the
nflucnco of the dominant class that holds
the whip handle and gives it an Influence
over the people , reducing the American peo-
> lo to tenantry. Ninety-three per cent ot
ho families In the cities of Now York , Boson -
: on , Philadelphia and other cities of the
east are tenants and the census of the last
three decades show that tenantry Is In
creasing rapidly , at a marvelous rate , dis
proportionate with the increase in popula
tion.
tion."Over
"Over $10,000,000,000 of that debt is held
iy English money lenders who introduced
this gold standard. Wo are paying to them
$300,000,000 annually in interest , in cold or
its equivalent.
'What is the result ? In my state of Illi
nois Lord Scully of England owns 80,000
acres of land , on which once lived American
iomo owners , surrounded by their wives and
children now gone employes or tenants
somewhere. It Is Inhabited , mainly , by Rus
sian tenants , newly imported to this country.
Ho owns 150,000 acres of land In your state
of Nebraska and In the state of Kansas.
"English money lenders' property money
has been appreciating in value , each dollar
lar of it buying more and moro of your
American property. English money lenders
now own 60,000,000 acres of land along
the Northern Pacific railroad , taken in
under foreclosure of the bonds. I have
stood on 80.00U acres of land In Michigan
belonging to an English syndicate , and I
asked the only man living upon It , an
Englishman , what they were going to do
with it and ho i said -they were going to
stock it with English pheasants.
"Englishmen , own a > nmjorlty of tbo stock
in four-fifths of the railroads In the United
States today , coming into possession of most
of it through foreclosure of bonds by reason
of the depreciation of the value of prop
erty and the ability of our people to spend
monoy. English money lenders own now
nearly all of the big buildings in Chicago ,
that we call sky-scrapers , nnd we find many
of these newly Imported Englishmen , easily
detected because of their accent , collecting
the rents from , American tenants. It has
been coming upon us unconsciously while
American allies of English money lenders
have been placating the American people.
IlcNiiltn ot Tenantry.
"This Is the coming condition of the
United States. And what is the result of
tenantry ? With it cornea Increase in sui
cides disproportionate to the population ; In
crease in the Insane ; increase In the number
of Inmates In penltentlarleo and Jails.
"Poverty IB the mother and covetousness
Is the father of crime , and with this ap
preciating dollar and the concurrent sys
tem ot debts you have a system at work tn
the United States that is to reduce the
present mosses of the people and their pos
terity to tenantry and ultimate serfdom , as
despicable as the serfdom ot Europe , and
our so-called politicians and statesmen are
shutting their eyes to It ; they are placating
It ; they are living excuses foe it ; they dc
not want the people educated upon It , and
the dominant class Jn the United States
from a social standpoint , because It Is In
creasing their crop in which they deal , the
value of the crop In which they deal
money , and their Influence Is against us.
"Tho republic Is In the balance. For
following tenantry comes rents , comes cdn-
fusloa , comes strikes , comes a call for the
militia ; it la followed by , a call for the
military ; Is followed by a. demand for a
stronger government , and the people , stll
unconscious of wbero the scat of the dis
ease Is to the nation , The next 4s to con
demn the republic as a falluro and to ask
for a monarchy , and thus In the natura
course of the centuries It Is tha
the monarchica come , and wo face
it now. Wo face it 'In ' tbo
near future , the demand for monarchy Is
already in the hearts of tens of thousands
of the selfishly rich people of tbo United
States. They are deceiving you under a mask
of hypocrisy. For twenty odd years they have
said to you , < wo do not want the gold stand
ard. Wo are In favor of restoring silver to
its time-honored position. As Into as 189 !
the republican national convention arralgnoi
Mr. Cleveland for striking down sliver
Under the cloak of hypocrisy they brought
the country to the position where the people
ple were dependent upon the dominant class
and they could be driven by coercion to
wear tbo badge of serfdom In procession am
vote for their masters , and now with insultIng -
Ing candor they throw off the cloak of
hypocrisy and demand the gold standard ,
I'rnclulm * Comliitf Monureliy.
"And so it will bo with rising monarchy
They will declaim against militarism ; they
will declaim against increasing the standing
army ; they will declaim against monarchy
but It will grow under their laws until the
people themselves will say : 'The republic
is a failure , ' and then they will come ou
openly , when the people are ripe for It under
their tutelage and the degradation of their
laws , their confiscating the product1) of the
people , and will openly ask for a king or an
emperor , and It is near at hand.
"U Is in the near future that we have to
meet this question and wherein we have go
to save this republic. Wo have got to save
the people aa a whole. We- are approach
Ing that condition In wtalcb the republic It
rocking.
Given Vlnivn on Prosperity.
"Agalnat all this what do they say ? They
say , prosperity has returned. The answer I
thla ; It la true that under a famine in
half the world , followed by the exportation
ot our foodatjiffa , giving ua the balance o
trade in a year ot $600,000,000 , that afte
paying $300.000,000 of intorett to the Eng
llsb money lenders and paying the eipens
- - " "
_ . .
. . . .
I of Anglomantaci traveling In Europe , wo
1
ccclve ot Ihftt $600.000.000 $142.000,000 of
cold , nnd that went Into the market , moro
r less , In search of property. The ox-
icndltures of the war added another $100-
000,009 or $200,000.00 0 to the money In clr-
ulatlon. The discoveries In Alaska added
few millions more , nnd that haa brought
ompornry relict to the mosses.
"Hecontly Mr. DInglcy and Mr. Bland lay
pen their death beds and at times through
heir sickness telegraphic reports came to
s that they wcro bolter and were
xpcctod to survive , but the scat of
ho disease not being removed they
elapsed nnd died. And during the
cclino of the republic , under laws that
are gnawing at ita vitals , there will bo
periods when there will bo temporary
cstoratlon , but If the sent of the disease
s not rcmbved , It is only a question of
Imo when this republic will follow the an
cient republics of the world.
"Tho fact that moro money In circulation
iias m.ido temporarily better times is a proof
of our proposition. It has temporarily
irought gold nnd Us equivalent down n
title. The blue light on Its way to the
: elllng has stopped and oomo down a few
nchco. That is all it means. As soon ns
ho people in half the world can raise their
normal crops and the other causes , the war ,
s over , you can. expect the supply of gold
o continue to decrease. The history of the
world proves that It has risen and fallen ,
[ "hero was more sold produced between
.860 and I860 In the world than was pro
duced between 1SSO and 1890. Look at your
statistics.
"Tho production of gold in the world has
vibrated , and If you are going to tie your-
eclf to a vibrating metal In the world's
production , It la only a question of time
when you have broken the backs of the
> eoplo from the fluctuating , unstable , moiie-
ary system.
"Prosperity has returned with twenty-
eight strikes In progress in the United
States , and martial law In two , and gov
ernment by Injunction In one. 'Prosperity
has returned with trusts rising In this
country faster than they ever rose before ,
thrca'tcnlng every middleman and all of the
masses and middle classes alike , to drlvo
.hem from their chosen business and make
them wanderers on the face of the earth ,
without employment from which they can
gain a living. Turning their faces toward
, he land they find farming unprofitable and
they find that monopolized.
Account * ( or Trnntn.
"What makes trusts ? It Is the fall of
prices. Our business men are not to be
Blamed for forming trusts. They are de
fending themselves. Under the average fall
of prices , slnco 1873 , which has been 62
per cent , it means 2 for cent a year. With
a loss of 2 per cent a year our business
men have been fighting falling prices. They
have faired , to make what that 52 per cent
stands for billions and billions of dollars
elnco 1873 and to protect themselves they
are forming combinations or trusts.
"They say prosperity has returned. It has
returned to a fow. The Pullman Palace car
company declared a dividend of J18.000.000
In the last year ; the Standard Oil company ,
150,000,000 , and Mrs. Yerkes , the Wife of the
street car magnate in Chicago , has pur
chased a 110,000 bedstead.
"They say wo should follow the example
of the nations of Europe , the enlightened na
tions of the world. What do- they mean by
the enlightened nations of the world. They
are 'the ' nations toward -which our fore
fathers warned us not to follow their ex
ample. Nations where class legislation is
fastened upon the' people and reduced them.
to beggary and slavery. Nations where a
standing army is over the people and. they
could not rlso II ttioywanted to.
"Andwhat is a standing army ? A stand
ing army Is collected .by medical examina
tion of young jnen. They are bound to be
free from hereditary diseases the very men
who should be left at home to become the
fathers of the children of the nation leav
ing at homo the young men who are tainted
with hereditary diseases. There is no place
in a republic for a standing army. The
only army sacred to the self of a republic
is a volunteer army and of such the United
States can produce the best. A volunteer
army taken up their arms , to defend their
own and returns when the cause Is won.
"A little over a. year ago a cry of hu
manity went up from this nation. A people
were being made the victims of one of
these old monarchies of Europe and the cry
of humanity caused tens of thousands of
volunteers throughout this country to
respond to the appeals of humanity and they
went cheered on by the smiles
of mothers and encouraged by fathers ,
and they struck down the hand of Spain
and woe to the presidential candidate In 1900
who is in favor of putting the United States
In the same dirty business that Spain was
engaged In before us. ( Prolonged applause. )
Deiilca MortKoitc 1'iiyinciit.
"They eay that wo are reducing that debt
to which I have referred. The Omaha Bee
yesterday published the mortgages canceled
and filed In flvo counties In this state during
July , and If you will odd them up you will
find that the debt * Increased even west of
the Missouri river ; that is at. least ono
evidence of it. The cancellations do not
show whether they wore paid by money that
was made by the debtor or obtained from
the now creditor for which new mortgages
went on record. Dut it docs not chow that
the debt is increasing.
"East of the Mississippi river the bonds
that have been recently put upon the people ,
moro or less , and Issued toy tbo trusts , show a
rapidly Increasing condition of the debts 'In
this country.
"Speaking of that a an Indication of
whether prosperity is returning or not , on
a platform 1'lke ' this , a minstrel troupe was
playing , and one of them s&ld : 'Middleman ,
do you know any two tblugs that are exactly
alike ? " Bald the middleman , 'No , there
(3 no such thing as two things exactly
similar. ' Said the end man , 'Thero is where
you < are mistaken ; I know two things that
are exactly alike. ' Said tbo middleman ,
'Will you please tdll this audience what two
things you know that are exactly alike ? '
Said the end man , That is easy ; It Is a
Cleveland ) panto and a MoKlnlcy prosperity. '
Money lit WroiiB 1'liicc.
"They say that money Is cheaper. That
you can borrow it for less than you could
borrow It for before. That the banks are
lull of it. That there Is Just as much money
in the country as there ever was ? The
answer Is this ; A farmer was once stand
ing by the roadside lamenting the loss ol
his crops from a. drought. It had not rained
for elxty days. And a stranger came rid
Ing along the road , and listening to the
farmer said to him , 'You are mistaken ; there
Is Just as much water In the world as there
over was. ' 'Hut , d n It , ' said the farmer , 'it
Is not where it ought to be. '
"You can borrow money now cheaper than
you could before , but the answer Is this ;
Under this system by which you have beet
.
taxed a tribute of anywhere from 18 to 2 !
per cent , the money is all going Into the
Juanda of the money lenders , end the com
petition between the money lenders to loan
that money Is increasing as they gel
poescsBloo of it. They are not
only coming Into possession of your
property by foreclosure of mortgages as
Irrd Scully came Into the possession o
80,000 acres In my state , tut they are also
in turn coming in possession of all of the
money and the competition 'between ' them
is Increasing and they > bld ngalmrt each
other for gilt-edge cecurltles.
"If a village gets up a toond they are all
after It , and It < s this very ijstom that Is
giving them this money and Musing them
this competition , but the fact that the
money le in their hands to loan and that
they cannot loan it without bidding down
the price , of neceulty means 'that there In
JM money in circulation in the market In
search of your property.
"The way you want to get money is to
buy it and not put -halter nround your
neck. You want Itby exchanging your
property for It , so that It Is your money
and Is not a debt on the homo that Is Itnbto
to take It away , and when you como with
your property Into the market to buy money
.which . may bo your money , you will find
that money Is not cheaper , but that It Is
dearer.
"Would the people llko to go homo on
account of the approaching storm. It so ,
1 will omit some things that I Intended to
say to closa out some matters , and I will
fitop now on account of the approaching
storm. I will first ask any one present It
they have a question that they want to
ask mo upon any subject touching political
economy ? "
A voice "Go on , wo don't mind the
storm. "
A voice "They are asking us whether
wo shall stop the Philippine war or go on
with It ? "
STrHcIir * tn Philippine * .
Mr. Harvey "If Mr. McKlnlcy and his
secretary of state had received Agonclllo
when ho came to Washington , representing
Agutnaldo nnd hl/ people , brought him to
the Whlto house nnd 'told him to take a
scat and tell bint all about his people , .what
they wanted , that they wcro the friends of
the Filipinos , Instead of refusing to ro-
cclvo him * . The poor fellow had to go to
his hotel and sit down nnd write his com
munications and send them by a messenger
to the secretary of state. If Mr. McKlnlcy
had received' ' that man ; hnd talked with
him aa a statesman I think should have
done , and had declared to the Filipino people
plehnt his policy was , and that thin
policy ultimately meant their independence ,
there never would have been any war or
any loss of llfo of American soldiers. ( Ap
plause. )
"Tho administration at Washington has
concealed Its policy , nnd wheel Agonclllo by
messengers demanded to know what the
ircsldcnt meant by Bending transports from
Jew York and San Francisco to the Phlllp-
ilno islands , loaded with soldiers after the
rcaty of peace had been signed with Spain ,
after the war was over ; that there was no
hostile force In the Philippine Islands
against the United States , and what did ho
mean ? The president threw hla communi
cation In the 'waste 'basket. '
1 When Yorktown surrendered , had the
Trench army remained In this country that
iad stormed the breastworks of Yorktown ,
ho French fleet In the bay which had shelled
the English , had that fleet remained hero
nnd the French army had remained hero
and Washington had demanded from the
French government to know why ho left
hem here , and more French soldiers hod
> een hurried to this country on
ransports and landed , and Washing
ton had demanded to know why they
were sending more soldiers hero when peace
with England was declared , and France had
refused to answer his demand , the rcvolu-
lonary army would have commenced pltch-
ng French soldiers Into the Atlantic ocean.
\nd when Agulnaldo demanded to know
why they fjent fresh troops to the Philippine
elands , be should have received an answer ;
ic hod a right to an answer , and If the
answer had been given there would have
been no war. A peaceful answer ; an answer
hat would have recognized the independence
of the Philippine islands.
PIlliiIiiuH Not Ilcbcln.
"You will find that In order to cell o man
a rebel bo must bo cither a native of the
country or a naturalized citizen , and tbo
Filipinos are neither natives of this nation
or naturalized citizens , and to brand them
as rebels as to brand ourselves with the
same stigma 'that ' the English branded them
selves with when they libeled us as
rebels and sought to deprive us of the right
of self-government.
"They are now calling them robbers.
They allude to them ns robber bands. That
is the prelude to preparing your minds to
taking no prisoners ; for performing the
cruel and the guilty act of waylaying. And
wo have put the Spanish gunboats up these
rivers ; tbo eamo gunboats that formerly
shelled the Filipinos. Wo have established
a governor-general , the same titled officer
that the Spaniards had. Wo have demanded
ther to lay down their arms without any
promise of what kind of government they
will have. And now the United States is
getting ready to revive the rcconccntrado
policy and to take no prisoners , and If the
American people tolerate It if humanity is
dead in this country and republican Intelli
gence Is gene , then the great republic of the
United States is preparing Itself to fall Into
tha footprints of the monarchies of Eu
rope.
Uemcdy for All 111" .
"Thoy say we cannot go It , alone. The
answer la this : The Sugar Trust is now
fixing the price of augar the world over ; the
Standard OH company has fixed a price on
oil the world over. The United States is
bigger than either the Sugar Trust or the
Standard Oil company and can fix the price
of silver the 'World over.
"The remedy is this : First , U lies In our
character. Study itho elementary principles
of human government ; get away from avar
ice and politics to the etudy of what man.
and woman wants hero on earth and
that happiness can bo destroyed by
having a covetous nature or wanting that
which should bo oonduclvo to the happiness
of others. Happiness can como to you and
your family without being worth the fortune
of Rockefeller.
"Thero Is a disease OB deadly aa typhoid
fever , as deadly to the eoul as typhoid fever
Is to the body and it Is the fever of greed
coursing through the arteries and veins ot
mankind. You can only free yourself from
that disease by education. The remedy Is to
put silver in competition with gold , to bring
down the price of monoy.
"When you have opened the mints to the
silver of the United Stales you -will draw
oft from the overcrowded wage-earners and
professional men of tbo middle and eastern
states , who will go to the Roclcy nnd Sierra
Nevada mountains to work for Qed Almighty
and In competition with no man , in icarch
of the white metal , the money of Washing
ton , and Jefferson nnd Jackson , and -we will
have rising prices. Farming will again bo
profitable. There will be another exodus
from the towns and cltlca and thla time II
will bo to the farms , because farming Is
profitable , and with tbo two exoduses , ito
the mountains and to the farms , then tbo
professional men that are loft -will have
plenty to do ; there will bo plenty of money
in circulation , because with rising prices
the farmers -will have plenty of money ; they
will pay their taxes , as much taxes with
ono bushel of corn as they now
pay with two ; they will ride on
the railroad train as far with ono bushel
of corn as they now do with two ; they will
pay as much debt brought Illegitimately
and unlawfully upon the people ; they will
pay as much debt with ono bushel of corn
as they now do with two ; they will pay it
in tbo honest money ot our forefathers.
Ffirum I'rlc - Uii tvllli a Iloutul.
"With 300,000,000 or bushels of corn In
Nebraska at CO cents a bushel you shal
have money in 'Nebraska ' , not only mone ;
that will bring prosperity to the merchants
and professional men of Blair and the othc
towns and cities , but tbo farmers will have
a surplus of money , and you will next flnt
rising In the agricultural district * fine
bouses , until within a year tbo debts wll
have been paid off. The heavy bandet
English money lenders will be thrown from
( his country ; wo will have , again to buy
back our homes ; make ownership your am
bltlon ; finer house * will come to the coun
try , until you will Bee the country mansion
with its wide-pillared columns in front , It
broad porches. Congress will have stated
men such aa wo had In the first fifty year
of the century. Then you -will see an Inde
pendent , home-owning people actually com
Ing back to ui and tenantry declining
homicides declining , insanity declining am
suicides diminishing. It will come- with pro *
* rlty ; itwill como with the wiping out
f the debt that you now can never pay
inder the statute , that means bondage to
ho people ot the United States. U means
o the laboring man moro competition by
ho farmer boy going Into the city , by the
nan who would have gene into a profca-
Ion being . /orrod to go to a corporal Ion
nd ask for employment in competition with ,
aborlng men.
"With rising prices there -will bo employ-
incut for all , and with the wage-earners
rawn away to the mountains and the farms ,
. 'Hh moro money and the factories all run-
Ins , the wage-earner can say to the om-
'loyer ' , how much do you pay ?
Solution * IVhllc Y MI Wnlt.
"That Is tbo solution. U is the blood
t civilization pouml through the veins and
rtorlra of industry which is now congn-
ated at the heart , and it has the PA ma
fleet upon civilization that the coagulation
f your blood at the heart in your body
till have upon the person.
"Then there will bo employment for all
aborlng men ; strikes will bo no more , and
ou will not have to assess yourself nny
nero to maintain your brother laborers
vhllo engaged In strikes elsewhcro. There
vill be the end ot loss of IIto by reason
f fighting their employers then when this
ilood ot civilisation again circulates , taken
tit from whcro It Is coagulated In the bank
nulls , with rising prices it will seek in-
cstmcnt In the property that rises , nnd
when prosperity has become general with
ho people , then comes the most Ira-
icrtant period of the history of the
rorld ; then remembering what our
gnoranco brought upon us , remember
UK what our lack ot knowledge of the of-
cct ot the laws of civilization as a whole
las had upon us wo will go to work to study
lueMlons ot national policy , and when wo
lo wo will free ourselves from all these
icoplo who favor class legislation. Wo will
Ind them thick. I have only mentioned ono
Inss of them. Wo will clean them all out ,
\nd then you will no longer hear the propo
sition that the pcoplo It they had money
would not keep U ; you will no longer bear
ho proposition , If you wcro to divide the
roporty nil oven up among the pcoplo it
would soon bo back whcro it Is now. It Is
heso tributes laid upon the people , this pll-
ng up of money In the hands of trusts nnd
nllllonatrcs. The people want to have the
ncentlvo to energy. But when they finder
or some unknown reason that the profit ot
heir energy Is taken from them they finally
become disheartened and then they don't
vant to work , and you can go to a man nnd
ell him you have ft lob for him and ho docs
not want It ; ho is disheartened and dis
couraged and he becomes a tramp and next
10 becomes a criminal. Dut when a man
receives the reward of his energy , then nn
ncentlvo is born wlthhln him , Just ns the
desire to do more labor Is born In the money
jnakcr's breast when ho flnds that his en
ergy Is rewarded ; when by some method It
s not taken away from him , then ho has
cultivated the Incentive.
Xo aioro iLnBy Stcn.
'Then ' in a young man Itwill make more
energy and inspire his body , until you have
all the pcoplo moro or less energetic ; you
mvo no one disheartened , no ouo driven ns
driftwood iraon the rafts of time ; then In
that day wo will have learned how to de
velop the human race. Wo will prove anew
that man serves himself best by promoting
* ho common good ; that the purpose ot human
government Is .to promote the happiness and
development of the human race , and wo will
go forward In search of the destiny of
mankind.
'Tho beginning of this new era is within
a few years of us ; the beginning of it is
within practically a few years ot us , within
the scope of the next presidential election.
Stand firm , my friends. In the last
election wo were beaten within three days
of the election toy the statement : "Don't
como back hero any ono next Wednesday
unless McKlnley Is elected , ' by men who
wcro taking their financial .wisdom from the
cashiers and presidents of banks ; it was that
which beat us. Stand firm.
"At the battle of Marengo , when the
serried ranks of the French were giving way
before the victorious onslaught of the Aus-
trlans , as wo are told In history , Napoleon
said to the drummer boy , thinking to save
.
its army : 'Beat tbo retreat. ' The drummer
boy said : Sire , I cannot beat a retreat ; I
don't know how. ' Again Napoleon said :
Beat the retreat , ' and again replied the
drummer boy : 'I cannot beat a retreat ; at
Lodl I beat the charce. Oh , let me beat
the charge. ' At that moment , Napoleon ,
looking over his shoulder , eaw the brigade
of Davoust deploying on the plains and
coming to the rcscuo. Turntnc ho eald to
the drummer boy : 'Beat the charge , ' and
as the muslo rolled along the line the French
army went forward to victory and glory.
"Let us know no uch word as retreat ;
the human race Is In the balance ; tbo race
that Jesus Christ bled for. Lot us beat the
charge and go forward with humanity to
victory and glory. "
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