Money: Speech of Hon. John P. Jones, of Nevada, on the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890Jones, John P. (John Percival)
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Money: Speech of Hon. John P. Jones, of Nevada, on the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890
Jones, John P. (John Percival)
Silver question -- Speeches in Congress
Under the circumstances I wish at the outset of the discussion to say
that I hold myself free to vote for any amendment that may be offered
that may tend to make the bill a more perfect measure of relief, and
that may be more in consonance with my individual views.
THE CONDITION OF THE COUNTRY.
The condition of this country to-day, Mr. President, is well calculated
to awaken the interest and arouse the attention of thinking men. It can
be safely asserted that no period of the world's history can exhibit a
people at once so numerous and homogeneous, living under one form of
government, speaking a common language, enjoying the same degree of
personal and political liberty, and sharing, in so equal a degree, the
same civilization as the population of the United States. Eminently
practical and ingenious, of indomitable will, untiring energy, and
unfailing hope; favored by nature with a domain of imperial expanse,
with soil and climate of unequaled variety and beneficence, with every
natural condition that can conduce to individual prosperity and national
glory, it might well be expected that among such a people industry,
agriculture, commerce, art, and science would reach an extent and
perfection of development surpassing anything ever known in the history
of mankind.
In some respects this expectation would appear to have been well
founded. For several years past our farmers have produced an annual
average of 400,000,000 bushels of wheat. Our oat crop for 1888 was
700,000,000 bushels, our corn crop 2,000,000,000 bushels, our cotton
crop 7,000,000 bales. In that year our coal mines yielded 170,000,000
tons of coal, our furnaces produced 6,500,000 tons of pig iron and
3,000,000 tons of steel. Our gold and silver mines add more than
$100,000,000 a year to the world's stock of the precious metals. We
print 16,000 newspapers and periodicals, have in operation 154,000 miles
of railroad and 250,000 miles of telegraph. The value of our
manufactured products at the date of the last census was $5,400,000,000.
Our farm lands at the same time were estimated at $10,000,000,000, our
cattle at $2,000,000,000, our railroads at $6,000,000,000, our houses at
$14,000,000,000. It is not too much to say that there has been an
increase of fully 50 per cent. in those values since the taking of the
census of 1880. Our national wealth to-day is reasonably estimated at
over $60,000,000,000.
Public-domain text, read in full here on John Shaqi.
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