Complete Life of William McKinley and Story of His Assassination: An Authentic and Official Memorial Edition, Containing Every Incident in the Career of the Immortal Statesman, Soldier, Orator and PatriotEverett, Marshall
History
Complete Life of William McKinley and Story of His Assassination: An Authentic and Official Memorial Edition, Containing Every Incident in the Career of the Immortal Statesman, Soldier, Orator and Patriot
“The Republican party favors the use of both gold and silver as equal
standard money, and pledges its power to secure the free, unrestricted
and independent coinage of gold and silver at our mints at the ratio of
16 parts of silver to 1 of gold.”
Mr. Teller then advanced to the front of the platform to utter his
“farewell.” The universal respect felt for him was shown by the cordial
greeting of the twelve thousand people, who saw that the distinguished
gentleman was almost overcome with emotion. It may be doubted whether
there was one in that immense assemblage who did not feel a sincere
sympathy for the man who was taking the most painful step of his public
career.
Mr. Teller asserted that we might as well have two flags in the Nation,
if the present money system is to be maintained, for the reason that two
flags are not more important than this all-absorbing question of gold
and silver money. He declared that he was not actuated by the fact that
Colorado is a silver-producing State, but he had come to the earnest
conclusion, after twenty years of study, that bimetallism is the only
safe money doctrine for the United States and all other countries.
Mr. Teller insisted that a protective tariff cannot be maintained on a
gold standard. Then, with uplifted hands, he declared: “When God
Almighty made these two metals, He intended them for use as money.”
Senator Teller said that the years of study which he had devoted to this
question had brought convictions to him which were binding upon his
conscience, and it was because he was an honest man that he could not
support the gold money plank. The declaration was received with cheers
and hisses, and moisture gathered in the eyes of the speaker as he
looked out over the sea of faces and felt that he had at last reached
the parting of the ways. Then the tears coursed down his cheeks and his
handkerchief went to his eyes. The sight caused a respectful hush to
fall over the convention, while more than one friend wept in silent
sympathy.
Recovering himself, Senator Teller declared that the best thoughts of
the world favored bimetallism, and it was advocated by the greatest
teachers of political economy in Europe.
“Do you suppose,” he asked, “that we can take this step and leave the
party without distress? Take any methods you please to nominate your
man, but put him upon the right platform, and I will support him. I was
for free men, free speech, and a free Government. I was with the
Republican party when it was born. I have become accustomed to abuse,
but I have voted for every Republican candidate since the foundation of
the party, and I have been in close communication with its distinguished
men for forty years.”
At this point, Senator Teller broke down again. The tears streamed over
his face and he was greatly distressed. In a broken voice he added:
Public-domain text, read in full here on John Shaqi.
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