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)
History
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
With that debate, Mr. President, long pending and eagerly maintained on
both sides, there began in this country an educational movement among
the masses, that is destined to have far-reaching consequence. The
public attention was fastened, as it had never been fastened before, on
the subject of money, and on the forces which govern its value, and up
to this time that attention has never flagged. As a result we find the
great body of our people to-day--the farmers and artisans of the
country--after years of reflection and discussion in their lyceums and
trade organizations, adopting to a large extent the views then presented
by the advocates of an increased money volume--views which at the time
were contemptuously derided by the advocates of contraction and of gold.
The cry for relief appropriately now comes from the farmers, the
artisans, and the laboring classes, as well as from the young, the
enterprising, the thoughtful, of all classes, who have not inherited
wealth, but are hewing out for themselves the rugged path to success. It
is they who have had to bear the exactions of the system which has
prevailed. It is from the proceeds of their labor that the extortions
have been paid. If objection be made that the character of relief
proposed is not indorsed in financial circles, or by the literary guild
or professional political economists that surround them, the sufficient
reply is that the world can not wait for the correction of abuses by
those who are profiting by them. In the nature of things, all movements
for reform must be initiated by those who can not lose by the
installation of justice.
But there are others besides the laboring masses who are working in the
cause of humanity. There are noble, unselfish, and altruistic men in all
the countries of civilization, who see the wrong and are indefatigable
in their efforts to set it right.
I will read a cable dispatch recently addressed to me by Mr. Henry H.
Gibbs, formerly governor of the Bank of England, and now president of
the Bimetallic League of Great Britain:
Public-domain text, read in full here on John Shaqi.
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