Standard Selections: A Collection and Adaptation of Superior Productions from Best Authors for Use in Class Room and on the Platform
General
Standard Selections: A Collection and Adaptation of Superior Productions from Best Authors for Use in Class Room and on the Platform
Recitations
We say in our platform that we believe that the right to coin and issue
money is a function of government. We believe it. We believe that it is
a part of sovereignty, and can no more with safety be delegated to
private individuals than we could afford to delegate to private
individuals the power to make penal statutes or levy taxes. Mr.
Jefferson seems to have differed in opinion from the gentleman who has
addressed us on the part of the minority. Those who are opposed to this
proposition tell us that the issue of paper money is a function of the
bank, and that the government ought to go out of the banking business. I
stand with Jefferson rather than with them, and tell them, as he did,
that the issue of money is a function of government, and that the banks
ought to go out of the governing business.
And now, my friends, let me come to the paramount issue. If they ask us
why it is that we say more on the money question than we say upon the
tariff question, I reply that, if protection has slain its thousands,
the gold standard has slain its tens of thousands. If they ask us why we
do not embody in our platform all the things that we believe in, we
reply that when we have restored the money of the Constitution all other
necessary reforms will be possible; but that until this is done there is
no other reform that can be accomplished.
Why is it that within three months such a change has come over the
country? Three months ago when it was confidently asserted that those
who believe in the gold standard would frame our platform and nominate
our candidates, even the advocates of the gold standard did not think
that we could elect a President. Why this change? Ah, my friends, is not
the reason for the change evident to any one who will look at the
matter? No private character, however pure, no personal popularity,
however great, can protect from the avenging wrath of an indignant
people a man who will declare that he is in favor of fastening the gold
standard upon this country, or who is willing to surrender the right of
self-government and place the legislative control of our affairs in the
hands of foreign potentates and powers.
Public-domain text, read in full here on John Shaqi.
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