y go squarely back on all
they have taught us on the money question, and advocate the wild-cat
money system themselves according to their own statements. One thing I
will concede is, that the Republicans and gold standard Democrats are
certainly on their past statements entitled to the $1,000,000 offered
by the United States patent office for the invention of a perpetual
motion, would not they have a complete and perpetual motion in their
bank issuing money with the Government completely separate from the
banking business, for we see the bank issue would be made of paper, so
we have the perpetual motion in this simple problem. Rags make paper,
paper makes money, money makes banks, banks make paupers, and paupers
make rags. Rags make paper, paper makes money (great cheer and
laughter).

Now, my friends, let me read you a plank in a platform that contains
the spirit upon which our forefathers freed the thirteen American
colonies from England, the spirit on which their descendants maintained
American liberty and builded from 3,000,000 population along the
Atlantic shores in 1781, a nation of 70,000,000 grand Anglo-Americans,
with their half a hundred states and territories extending from the
rock bound coast of the pine tree state to the golden gates of
California, stretching over a vast area of more than 3,000,000 square
miles, with great cities, towns, villages and hamlets, with our
colleges and universities that are equaled by none in Europe. I will
now read you the money plank of the Chicago platform, which contains
the spirit represented by the statute at New York, of liberty
enlightening the world. It is as follows: "We demand a free and
unlimited coinage of both gold and silver at the present legal ratio of
16 to 1, without waiting for the aid or consent of any other nation. We
demand that the standard silver dollar shall be a full legal tender
equally with gold, for the payment of all debts public and private, and
we favor such legislation as will in the future prevent the
demonetization of any kind of legal tender money by private contract."
While bimetallism is the theme this evening, you will excuse me for
intruding on your time long enough to briefly comment on the spirit of
that plank that shines prominently above all other issues in the
Chicago platform--it is these simple words, "Without waiting for the
aid or consent of any other nation." I want to ask you, what would have
been the result if our forefather