153. Promises Don"t Pay
If I am fortunate enough to leave a dollar when I die, I want it to be a good one; I don"t wish to have it turn to ashes in the hands of widowhood, or become a Democratic broken promise in the pocket of the orphan; I want it money. I saw not long ago a piece of gold bearing the stamp of the Roman Empire. That Empire is dust, and over it has been thrown the mantle of oblivion, but that piece of gold is as good as though Julius Caesar were still riding at the head of the Roman Legion.
I want money to that will outlive the Democratic party. They told us--and they were honest about it--they said, "when we have plenty of money we are prosperous." And I said: "When we are prosperous, then we have credit, and, credit inflates the currency. Whenever a man buys a pound of sugar and says, "Charge it," he inflates the currency; whenever he gives his note, he inflates the currency; whenever his word takes the place of money, he inflates the currency." The consequence is that when we are prosperous, credit takes the place of money, and we have what we call "plenty." But you can"t increase prosperity simply by using promises to pay.
154. Solid and Bright!
I do not wish to trust the wealth of this nation with the demagogues of the nation. I do not wish to trust the wealth of the country to every blast of public opinion. I want money as solid as the earth on which we tread, as bright as the stars that shine above us.
155. The South and the Tariff
Where did this doctrine of a tariff for revenue only come from? From the South. The South would like to stab the prosperity of the North. They had rather trade with Old England than with New England. They had rather trade with the people who were willing to help them in war than those who conquered the rebellion. They knew what gave us our strength in war. They knew all the brooks and creeks and rivers in New England were putting down the rebellion. They knew that every wheel that turned, every spindle that revolved, was a soldier in the army of human progress. It won"t do. They were so lured by the greed of office that they were willing to trade upon the misfortune of a nation. It won"t do. I don"t wish to belong to a party that succeeds only when my country falls. I don"t wish to belong to a party whose banner went up with the banner of rebellion. I don"t wish to belong to a party that was in partnership with defeat and disaster.
156. I am for Protection
And I will tell you why I am for protection, too. If we were all farmers we would be stupid. If we were all shoemakers we would be stupid. If we all followed one business, no matter what it was, we would become stupid. Protection to American labor diversifies American industry, and to have it diversified touches and developes every part of the human brain. Protection protects integrity; it protects intelligence; and protection raises sense; and by protection we have greater men and better-looking women and healthier children. Free trade means that our laborer is upon an equality with the poorest paid labor of this world.
157. The Old Woman of Tewksbury
You Greenbackers are like the old woman in the Tewksbury, Ma.s.s., Poor-House. She used to be well off, and didn"t like her quarters. You Greenbackers have left your father"s house of many mansions and have fed on shucks about long enough. The Supervisor came into the Poor-House one day and asked the old lady how she liked it. She said she didn"t like the company, and asked him what he would advise her to do under similar circ.u.mstances. "Oh, you"d better stay. You"re prejudiced," said he.
"Do you think anybody is ever prejudiced in their sleep?" asked the old lady. "I had a dream the other night. I dreamed I died and went to Heaven. Lots of nice people were there. A nice man came to me and asked me where I was from. Says I, "From Tewksbury, Ma.s.s." He looked in his book and said, "You can"t stay here." "I asked what he would advise me to do under similar circ.u.mstances." "Well," he said, "there"s h.e.l.l down there, you might try that." "Well, I went down there, and the men told me my name wasn"t on the book and I couldn"t stay there. "Well," said I, "What would you advise me to do under similar circ.u.mstances?" "Said he, "You"ll have to go back to Tewksbury." And when Green-backers remember what they once were, you must feel now, when you were forced to join the Democratic party, as bad as the old lady who had to go back to Tewksbury.
158. American Muscle, Coined into Gold
I believe in American labor, and I tell you why. The other day a man told me that we had produced in the United States of America one million tons of rails. How much are they worth? Sixty dollars a ton. In other words, the million tons are worth $60,000,000. How much is a ton of iron worth in the ground? Twenty-five cents. American labor takes 25 cents of iron in the ground and adds to it $59.75. One million tons of rails, and the raw material not worth $24,000. We build a ship in the United States worth $500,000, and the value of the ore in the earth, of the trees in the great forest, of all that enters into the composition of that ship bringing $500,000 in gold is only $20,000; $480,000 by American labor, American muscle, coined into gold; American brains made a legal-tender the world around.
159. Inflation
I don"t blame the man who wanted inflation. I don"t blame him for praying for another period of inflation. "When it comes," said the man who had a lot of shrunken property on his hands, "blame me, if I don"t unload, you may shoot me." It"s a good deal like the game of poker! I don"t suppose any of you know anything about that game! Along towards morning the fellow who is ahead always wants another deal. The fellow that is behind says his wife"s sick, and he must go home. You ought to hear that fellow descant on domestic virtue! And the other fellow accuses him of being a coward and wanting to jump the game. A man whose dead wood is hung up on the sh.o.r.e in a dry time, wants the water to rise once more and float it out into the middle of the stream.
160. Resources of Illinois.
Let me tell you something about Illinois. We have fifty-six thousand square miles of land--nearly thirty-six million acres. Upon these plains we can raise enough to feed and clothe twenty million people. Beneath these prairies were hidden, millions of ages ago, by that old miser, the sun, thirty-six thousand square miles of coal. The aggregate thickness of these veins is at least fifteen feet. Think of a column of coal one mile square and one hundred miles high! All this came from the sun. What a sunbeam such a column would be! Think of all this force, willed and left to us by the dead morning of the world! Think of the fireside of the future around which will sit the fathers, mothers and children of the years to be! Think of the sweet and happy faces, the loving and tender eyes that will glow and gleam in the sacred light of all these flames!
161. Money!
They say that money is a measure of value. "Tisn"t so. A bushel doesn"t measure values. It measures diamonds as well as potatoes. If it measured values, a bushel of potatoes would be worth as much as a bushel of diamonds. A yard-stick doesn"t measure values. They used to say, "there"s no use in having a gold yard-stick." That was right. You don"t buy the yard-stick. If money bore the same relation to trade as a yard-stick or half-bushel, you would have the same money when you got through trading as you had when you begun. A man don"t sell half-bushels. He sells corn. All we want is a little sense about these things. We were in trouble. The thing was discussed. Some said there wasn"t enough money. That"s so; I know what that means myself. They said if we had more money we"d be more prosperous. The truth is, if we were more prosperous we"d have more money. They said more money would facilitate business.
162. Money by Work
How do you get your money? By work. Where from? You have got to dig it out of the ground. That is where it comes from. In old times there were some men who thought they could get some way to turn the baser metals into gold, and old gray-haired men, trembling, tottering on the verge of the grave, were hunting for something to turn ordinary metals into gold; they were searching for the fountain of eternal youth, but they did not find it. No human ear has ever heard the silver gurgle of the spring of immortal youth.
163. Meat Twice a Year
I have been in countries where the laboring man had meat once a year; sometimes twice--Christmas and Easter. And I have seen women carrying upon their heads a burden that no man would like to carry, and at the same time knitting busily with both hands. And those women lived without meat; and when I thought of the American laborer I said to myself, "After all, my country is the best in the world." And when I came back to the sea and saw the old flag flying in the air, it seemed to me as though the air from pure joy had burst into blossom.
164. America a Glorious Land
Labor has more to eat and more to wear in the United States than in any other land of this earth. I want America to produce everything that Americans need. I want it so if the whole world should declare war against us, so if we were surrounded by walls of cannon and bayonets and swords, we could supply all human wants in and of ourselves. I want to live to see the American woman dressed in American silk; the American man in everything from hat to boots produced in America by the cunning hand of the American toiler.
165. How to Spend a Dollar
If you have only a dollar in the world and have got to spend it, spend it like a man; spend it like a prince, like a king! If you have to spend it, spend it as though it were a dried leaf, and you were the owner of unbounded forests.
166. Honesty is Best always and Everywhere
I am next in favor of honest money. I am in favor of gold and silver, and paper with gold and silver behind it. I believe in silver, because it is one of the greatest of American products, and I am in favor of anything that will add to the value of American products. But I want a silver dollar worth a gold dollar, even if you make it or have to make it four feet in diameter. No government can afford to be a clipper of coin. A great Republic cannot afford to stamp a lie upon silver or gold.
Honest money, an honest people, an honest Nation. When our money is only worth 80 cents on the dollar, we feel 20 per cent, below par. When our money is good we feel good. When our money is at par, that is where we are. I am a profound believer in the doctrine that for nations as well as men, honesty is the best, always, everywhere and forever.