"Gold and silver when produced are simply the measures of the labor required to produce them; they are labor made imperishable; and when either is destroyed--and demonetization is destruction--just so much labor is destroyed, and you who work have to make up the loss by working more hours for a dollar. You are supposed to receive the same wages that the miners did who worked on this lode six years ago, for a month's work. But you do not because, through the mistake of honest men or the manipulation of knaves, twenty per cent. of the twenty-five dollars paid you in silver for last month's work has been destroyed; and now those who have dealt this blow insist that money can in no wise be changed in value by legislation. "The trouble is our law-makers do not estimate at half its worth their own country. They stand in awe of what they call the money centers of the world, and refuse to see that already the world is placed at a disadvantage by our Republic; that within thirty years all existing nations, all the nations that have existed through all the long watches of the past, will, in material wealth and strength, seem mean and poor in comparison with our own. "Look at it! Five hundred thousand foreigners absorbed annually, and not a ripple made where they merge with the mighty current of our people! What is equal to a new State, with all its people and equipments, launched upon the Union every year--it makes me think of the Creator launching worlds--with immeasurable resources yet to be utilized; the wealth of the country already equal to that of Great Britain, with all her twelve hundred years of spoils; all our earnings our own; no five millions of people toiling to support another million that stand on guard, as is required in France and Germany and Russia and Austria and Italy; our great Southern staple commanding tribute from all the world; hungry Europe looking to our Northern States for meat and bread, and to our rivers for fish; our Western miners supplying to business the tonic which keeps its every artery throbbing with buoyant health, while over all is our flag, which symbols a sovereignty so awful in power and yet so beneficent in mercies, that while the laws command and protect, they bring no friction in their contact; rather they guarantee the perfect liberty of every child of the Republic, to seize with equal hand upon every opportunity for fortune, or for fame, which our country holds within her august grasp.