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How 16 To 1 Has Failed

How 16 To 1 Has Failed image
Parent Issue
Day
16
Month
October
Year
1896
Copyright
Public Domain
OCR Text

It has never kept gold and sil ver at a parity. It has never once given us, under free coinage, practical bimetalisra - that is, the concurrent circulation of gold and silver. The ratio of 16 to 1 was adopted in 1834. It represented the then commercial ratio, the market values of the two metáis. In the forty years following the adoption of this ratio and up to 1874 there were coined less than 7,000.000 silver dollars, or not so many by 500,000 as were coined f rom January 1 to July 1 this year. And never during the whole period did gold and silver circuíate freely together as equal money. What reason has Mr. Bryan for his "firm conviction" that they will do so now under free coinage, when the difference in the commercial ratio is far greater than at any time during the period f rom 1834 to 1873 ?- New Vork Herald. The Hon. Bourke Cockran is au oratorical genius. He made a speech at Grand ftapids Saturday evening to a house crowded with populista, who were there for the express purpose of breaking up the meeting, and by constant interference and interruptions counteract the effect of the speaker's words. Hardly had Mr. Oockran uttered two sentences before the outburst came in the shape of a vociferous Bryan yell. This did not phase the speaker in the least. Resolute, strong in the consciousness of his own power, he quietly awaited the end of the noise. Again and again was he interrupted, but each time he calmly waited until the noise ceased. There was no gainsaying that calm, detertnined face, that easy, graceful moveinent of the polished speaker, that good-humor, all the more infecting, because it was of the good Irish kind. After each outbrcak the reply would come forth, founded on a remark that had been hurled at him f rom the audience, and so iugeuiously and aptly worded, and so replete with humor and sarcasm, that the audience could not contain itself, but went into couvulsions of laughter. The populists were at last silenced and Mr Oockran, by the very power of his splendid genius, had won. At the close of a most effective and brüliant speech for sound monev, the entire audience joined in a rousing cheer for the orator IION. BOURKB COCKRAN, Of NeW York, made a ringing speech for naional integrity at Detroit last Wednes day evening. From flrst to last he held up the inconsistencies and falsehoods of populism, in a manner that could not ïelp making a deep impression upon his ïearers. lío man in the country had more to lose by breaking with his party han Mr. Cockran, and no man in this campaign has made himself more secure n the hearts of the American people han has Mr. Cockran, by his bold stand 'or principie. Some of his sentences were stinging in their terseness and directness. Wearied by interruptions he characterized populism in general, 'rom the action of its representatives, by saying, "at first populism is interesting; hen it becomes amusing, and at last it s a nusiance. " Calm, earnest and log cal, he closed his magniflcent address )y a patriotic outburst that brought the people to their feet in ringing cheers. 'But if the American people remain rue to all their history and to all their raditions, if they prove themselves capable of the destiny which God Almighty has intended for them, then there will not be a división on party lines. It will not be a question of majorities or minorities. It will be the unanimus verdict of a virtuous people, teaching demagogues for all time to come that there s no profit in attempting to turn discontent into disloyalty, proving to all he world that we stand immovable by he tide of honor in our public and private dealings, establishing the security of our republic on the indestructible oundations of immovable virtue, vinlicating our citizenship and commendng ourselves to the admiration of the vorld, and to the blessing of our God." The office of Judge of Probate is robably the most important office to je fllled at the approaching election. It is one wherein the attainments and character of the official are all iinportaat. A man to be a worthy occupant of the office, must, when he enters here, leave all politics, all personal eelings, and all conilicting interests behind The large estates that may come into the office will be represented )y counsel and can take care of themselves, but the small estates must depend largely on the integrity of the udge. For this reason the people of moderate means are, more than all others, interested in the character of the man who is to be elected to this position. The Demoorat presents its readers this week with portraits of the two candidates, together with a short sketch of their careers. tstudy them, and study the men, and vote your best judgment, with a f uil reali zation of the importance of the position. While we are in sympathy with the sentiments uttered by the Hon. Chauncey M. Depew at University hall ast Saturday evening, we most emahatically condemn the gentleman for ;he unfair advantage he took of talking politics on such an occasion and in such a place. Mr. Depew imdoubtedly knew that the anthorities wonld not allow him to deliver a political address in University hall had they been given any intimation that [ie intended doing so, and for him to disregard the proprieties of the occasion was, to sa y the least, in extremely poor taste. The address was not received kindly by the audience, and if it was intended to catch votes it was certainlya failure. Fair minded people do not take kindly to subterf uges of this kind, and it was only the popularity and prominence of the speaker that saved him from being severely sat upon by the righteously indignant audience. With the death of ex-Senator Ferry at Grand Haven, last .Wednesday, igan loses one of her famous men. He was president pro tem of the United States senate and acting vice-president of the U. S. during the last year of Grant's administration; and was the executive officer of the senate during those anxious days when the presidency hung in the balance. His defeat for re-election, and his financial collapse broke down his health, and for years he bas lived in retirement. It was largely through his efforts in the senate that Mackinaw lsland, recently given to the State, was set aside as a national park, and Gov. gracefully made him chairman of the commission to take charge of the park. Mr. Ferry bore well his part in life, and leaves behind him that which 'L is more to be chosen than great riches "- a good name. We see no reason why it is incum bent upon the regents to open University hall to another political speech because of Mr. Depew's talk If th regents, the authorities of the Univer sity, the ofticers of the Lecture Associa tion, or anyone connected with th event had connived with Mr Depew, i would make the case different, but Mr Depew himself is the only offender The regents can therefore properly sa that the rule stands, but in this cas they have been imposed upon. Hecaus one man commits a breach of law i no excuse for another to do the same The fact that the candidates for th presidency today were the men wh made the two speeches which closed th hall to politics, is an interesting inci dent in the present controversy. WiTii this issue of The Democrat ve change its form and type, and ppear in the style in which we proose to bid for public favor. We esire to publish a thoroughly alive weekly newspaper, in which all the arious interests of Ann Arbor and Vashtenaw county shall lind proper ecognition At the same time we esire to clothe the news in an attractve garb that it may be the better ppreciated. We invite the co-operaion of our friends throughout the ounty. Send us in news items, come nd see us when in town and teil us vhat is going on in your part of the ounty and what we can do to help you. Ve shall try in every way to make the )aper meet the wants of the people of Vashtenaw county. Chatrman Campau thinks that Am)assader Uhl is an ungrateful wretch, nd says that the gentleman mustn't lay in his back yard any more, so tiere now. # No one believes for an instant that lose wicked gold bugs bought Archishop Ireland. Here is one instance t least where neither force nor money ounted. Hon. Thomas E. Watson is quite 1 at his home in Thomson, Ga., sufferug from his throat and lungs. This is what comes from yelling at Sewall so ustily.

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Subjects
Old News
Ann Arbor Democrat