One thousand secrets of wise and rich men revealed

by C. A. Bogardus

In all my travels I have not found a crowd that needed talking to so much as this crowd does. (Cries of "That's right.") I came to this city something more than a year ago, and I then learned something of the domination of your financial classes. I have seen it elsewhere, but, my friends, the great mass of the people even of this city, will be better off under bimetallism that permits the nation to grow, than under a gold standard which starves everybody except the money changer and the money owner.

We sometimes out West are instructed by your insurance companies. I carry insurance in old line companies and in what are known as the mutual or assessment companies. I carry insurance in fraternal organizations like the United Workmen and the Modern Woodmen, as well as in the old line companies, and I am glad that my assessment companies are satisfied to take my money and give me insurance without attempting to tell me how I must vote. Your old line companies have seen fit to insult the intelligence of the people by attempting to exercise a guardian care, notwithstanding the fact that we are able to look after ourselves without their instructions.

You have laboring men also in large numbers in this city. I do not know whether the advocates of the gold standard here who employ men in the shops insist upon telling their employes how to vote. I have in other places found employers who would put in envelopes the pay for the day's work or week's work, and then print on the outside of the envelopes some instructions to the employes. If the manufacturer, employer, or railroad president feels that there must be something on the outside of the envelope as well as upon the inside, let him write on the outside: "You will find within your wages. They are to cover your work. We recognize that the men who have sense enough to do the work we want done have sense enough to vote right, without our telling them how to vote."

I notice that in some places they have been organizing sound money clubs, and they have the applicant sign a statement, saying that the free coinage of silver would hurt him in his business as a wage earner. I have wondered why our great financial magnates do not put in their application a statement similar to that. Why don't the heads of these syndicates which have been bleeding the Government make application to sound money clubs and write in their application that the free coinage of silver would hurt them in their business as heads of syndicates? They want people to believe that they are entirely benevolent, that they are philanthropists, and that what they do is done merely because they believe that the people will be benefited by having them run the Government, and they submit to the inconvenience of running the Government in order to help the people, who, they say, will be benefited. (More confusion and applause by the students.)

Why is it that the broker or the bond buyer does not write in his application that he has a personal interest in the gold standard? Why is it that these men want to throw upon the wage earners whatever odium there may be in using his vote to protect his personal interests? I believe the wage earner, and the farmer, and the business man, and the professional man, all of these will be benefited by a volume of money sufficient to do business with. If you make money scarce you make money dear. If you make money dear you drive down the value of everything, and when you have falling prices you have hard times. And who prosper by hard times? There are but few, and those few are not willing to admit that they get any benefit from hard times. No party ever declared in its platform that it was in favor of hard times, and yet the party that declares for a gold standard in substance declares for a continuation of hard times.

Here a band which had been playing for a drill in another part of the square came nearer and made talking more difficult, and my voice not being in good condition I concluded my remarks by saying:

It is hard to talk when all the conditions are favorable, and I must ask you to excuse me from talking any further in the presence of the noises against which we have to contend today.

I have since learned that some misunderstood my closing words, and thought I again referred to the students, but this is an error. They were making no disturbance when I finished speaking. I did not even mean to criticize the band, because I was sure that the interruption was not intentional, but my voice being hoarse and the crowd large, it was difficult to make myself heard even when there was perfect quiet.

The incident gave rise to a good deal of public discussion.

A few papers criticised my language on that occasion and declared that my words provoked the hostile demonstration. As a matter of fact, the hostility was manifested before I began to speak, and it was some minutes before I could obtain a hearing. This is the only speech in which I have inserted the applause, and it is only done here because the interruptions are also quoted. The report is reproduced exactly as it appeared at the time in order that the reader may form his own opinion upon the subject.