Famine and political revolution and surprises occur in England by which an unexpected change of administration is effected. overwhelming what was considered not only the gold party. bit the strong government party of that country. and although we have but in a partial manner remonetized silver here the effect already has been seen. To that extent there has been a revival of business and there is a prospect of some relief at least. whereas Germany. which demonetized silver. is paying the penalty of her shortsightedness. Her people seeing no hope there are emigrating by thousands. yes tens of thousands. to this country. and the same may be said of the Empire of Great Britain. So that it may be claimed that in theproportion that Germany and England banish their silver they are banishing their people. and of this country that in so far as it remonetizes silver. thereby looking to justice and to right with reference to the oppressed everywhere. so do we invite. and have thus invited. and will receive. these banished people from Germany and England. Consequently it would certainly be to our interest to fully restore silver here. and invite the silver and the people of Europe to our shores. For if our laws are just. and our currency system in harmony with the impressions and the ideas of that people. they will leave a country of oppression and seek this country. because our financial systom is in harmony with their traditions and their sense of justice and of right. It is true that to remonetize silver fully will invite a flow of that metal into this country. and we will naturally receive the rejected stock of Europe. and to that extent prices may be inflated. but our currency will not be redundant. because. as may be inferred. our population will be vastly increased by this immigration. so as to give employment to all this money that will come with them. Our newspapers are now commenting and speculating upon the very large increase of immigration arriving daily from Europe. May I not claim that the demonetizing of silver there and as a consequence the depression of business and hard times are driving them here. where silver is money? And may it not also be said that a full restoration of silver here will tend largely to increase this immigration and so add to our population a sufficient number of people to absorb the discarded stock of silver now in Europe. so that a bold policy on our part will do not only justice to our own people in this matter. but will be an assurance to other nations. and especially those who are oppressed. that here we propose to plant ourselves upon the old monetary system and combat the despotic action of European governments by which the rulers of those peoples design to perpetuate their autocratic power. which enriches the few and enslaves the many. Returning to the question of the unlimited coinage of both metals I desire to combat one error that a portion of our greenback friends have fallen into. It seems they claim that to open the mints to the unlimited coinage of the metals is to give to the bullion holder the power to regulate the volume of money and the control of its quantity.
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emigrating immigration