It is because the administration is hostile to silver; and thus it is surrendering this country to the Shylocks of the Old World who have made war upon it.
Sentiment: NEGATIVE
The aristocracy of Western Europe has absolutely tabooed silver in those countries and driven it away from there. Here it finds its only resting place.
It is important to realize that gold and silver are international commodities and that, therefore, when not prohibited by government decree, foreign coins are perfectly capable of serving as standard moneys.
We know well enough that if we repeal this law and give nothing for it, the people of this country will regard it as a total demonetization of silver, which it will be, so far as this Congress is concerned, without any question.
It is the habit of every aggressor nation to claim that it is acting on the defensive.
Civilized countries generally adopt gold or silver or both as money.
As a precious metal, silver is also money.
Silver and gold are not the only coin; virtue too passes current all over the world.
The desire of gold is not for gold. It is for the means of freedom and benefit.
It is because I believe that it is in the power of such nations to lead the world back into the paths of peace that I propose to devote myself to explaining what, in my opinion, can and should be done to banish the fear of war that hangs so heavily over the world.
Liberty and security are often in direct confrontation and must be balanced in a way that protects us without destroying what is worth protecting.
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