Emerson on Sound Money: A Speech, 1896Emerson, Willis George
History
Emerson on Sound Money: A Speech, 1896
Emerson, Willis George
Currency question -- United States; Silver question
William Jennings Bryan tells us in his Knoxville, Tennessee, speech,
that there is no danger of a silver flood. "Coin" Harvey makes the same
statement, notwithstanding the world's production of silver for the year
1894, at only about 63 cents an ounce, amounted to the fabulous sum
of $216,000,000, a greater annual production than ever before in the
history of the world, and only exceeded by the output of silver for the
year of 1805, which amounted to $235,000,000, and still he claims there
is no danger of a silver flood. All that Mr. Bryan asks for is, that the
reins of government and the keys of the United States treasury be turned
over to himself and his followers, and they will try the experiment. I
hardly think the people of the United States are ready to invest in any
more political experiments. The experiment of four years ago has proved
quite enough. No flood of silver! The effrontery and insult to the
intelligence of mankind by this degenerate democracy and silver
advocates surpasses understanding. (Applause.) Fellow citizens, the
so-called crime of 1873 is a myth and destitute of substance. The
so-called conspiracy of that year is also a myth and without substance.
You might just as well go out and from the housetop proclaim that the
horse has been dehorserized, because of a huge conspiracy entered into
by electricity and the bicycle. Why not ask that the noble animal be
rehorserized, so that its selling price will be $150 or $200, the same
as it was in "ye olden times." (Applause.)
IMPROVED HARVESTING METHODS.
Public-domain text, read in full here on John Shaqi.
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