I love this country because the people are free; and if they are not free it is their own fault.
To-night I am not going to appeal to your prejudices, if you have any. I am going to talk to the sense that you have. I am going to address myself to your brain and to your heart. I want nothing of you except that you will preserve the institutions of the Republic; that you will maintain her honor unstained. That is all I ask.
I admit that all the parties who disagree with me are honest. Large masses of mankind are always honest, the leader not always, but the mass of people do what they believe to be right. Consequently there is no argument in abuse, nothing calculated to convince in calumny. To be kind, to be candid, is far nobler, far better, and far more American. We live in a Democracy, and we admit that every other human being has the same right to think, the same right to express his thought, the same right to vote that we have, and I want every one who hears me to vote in exact accord with his sense, to cast his vote in accordance with his conscience. I want every one to do the best he can for the great Republic, and no matter how he votes, if he is honest, I shall find no fault.
But the great thing is to understand what you are going to do; the great thing is to use the little sense that we have. In most of us the capital is small, and it ought to be turned often. We ought to pay attention, we ought to listen to what is said and then think, think for ourselves.
Several questions have been presented to the American people for their solution, and I propose to speak a little about those questions, and I do not want you to pretend to agree with me. I want no applause unless you honestly believe I am right.
Three great questions are presented: First, as to money; second, as to the tariff, and third, whether this Government has the right of self-defence. Whether this is a Government of law, or whether there shall be an appeal from the Supreme Court to a mob. These are the three questions to be answered next Tuesday by the American people.
First, let us take up this money question. Thousands and thousands of speeches have been made on the subject. Pamphlets thick as the leaves of autumn have been scattered from one end of the Republic to the other, all about money, as if it were an exceedingly metaphysical question, as though there were something magical about it.
What is money? Money is a product of nature. Money is a part of nature. Money is something that man cannot create. All the legislatures and congresses of the world cannot by any possibility create one dollar, any more than they could suspend the attraction of gravitation or hurl a new constellation into the concave sky. Money is not made. It has to be found. It is dug from the crevices of rocks, washed from the sands of streams, from the gravel of ancient valleys; but it is not made. It cannot be created. Money is something that does not have to be redeemed. Money is the redeemer. And yet we have a man running for the presidency on three platforms with two Vice-Presidents, who says that money is the creature of law. It may be that law sometimes is the creature of money, but money was never the creature of law.
A nation can no more create money by law than it can create corn and wheat and barley by law, and the promise to pay money is no nearer money than a warehouse receipt is grain, or a bill of fare is a dinner. If you can make money by law, why should any nation be poor?
The supply of law is practically unlimited. Suppose one hundred people should settle on an island, form a government, elect a legislature. They would have the power to make law, and if law can make money, if money is the creature of law, why should not these one hundred people on the island be as wealthy as Great Britain? What is to hinder? And yet we are told that money is the creature of law. In the financial world that is as absurd as perpetual motion in mechanics; it is as absurd as the fountain of eternal youth, the philosopher's stone, or the transmutation of metals.