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Updated: June 19, 2025


General Weaver started a movement to add the forces of the American Bimetallic League and the silver Democrats to the ranks of the People's Party.

I now pass to a part of the history of the controversy not heretofore considered in public discussions, from which it will appear that the trusted representatives of the silver interest put aside the most inviting opportunity, if not the only opportunity, for the adoption of the bimetallic system by the commercial nations of the world.

To prevent this, Congress in 1791 ordered a mint to be established at Philadelphia, and in 1792 named the coins to be struck, and ordered that whoever would bring gold or silver to the mint should have it made into coins without cost to him. This was free coinage. As both gold and silver were to be coined, the currency was to be bimetallic, or of two metals.

The presence at the Yorktown celebration of representatives of the French Republic and descendants of Lafayette and of his gallant compatriots who were our allies in the Revolution has served to strengthen the spirit of good will which has always existed between the two nations. You will be furnished with the proceedings of the Bimetallic Conference held during the summer at the city of Paris.

He was one of the most pleasing and delightful of associates, and my acquaintance with him was of the most agreeable character. One of his earliest official acts as President was my appointment as a member of the Bimetallic Commission to Europe. Mr.

If, in 1876, I had anticipated the immense increase in the product of silver, I might have hesitated, but in the view that I was then able to command I had great confidence that a bimetallic arrangement might be secured. The majority of the commission favored bimetallism but they demanded, first, the remonetization of the silver dollar.

Though he could not have claimed to serve as "First Lord of the Treasury, Lord Chief Justice, Commander-in-Chief, Lord High Admiral, Master of the Buck Hounds, Groom of the Back Stairs, Archbishop of Titipu and Lord Mayor, both acting and elect, all rolled into one," he could with entire modesty have admitted the soft impeachment of being simultaneously treasurer of Amphalula, vice-president of Hooligan Gulch and Red Water, secretary of Horse's Neck, Holy Jo, Gargoyle Extension, Cowhide Number Five, Consolidated Bimetallic, Nevada Mastodon, Leaping Frog, Orelady Mine, Why Marry and Sol's Cliff Buttress, and president of Blimp Consolidated.

As to the other Senator I sympathize as deeply with the farmer as any man, and I hoped against hope for the success of the bimetallic envoys; but the farmer is of considerably less importance than the national honour; and if a man is not statesman enough to take the national view when he comes to the Senate, he had better stay at home and become a party boss." "Are you in trouble at home?

In 1876 the product of silver was 67,753,125 ounces, and in 1894 it was 167,752,561 ounces, a gain of about 147 per cent in eighteen years. Upon these errors the majority of the commission based a policy by which the only opportunity that the country ever had for the establishment of a bimetallic system which should include the commercial nations of Europe, was put aside and forever lost.

It had given its life as a political organization to further the election of Bryan, and he had not been elected. Its hope for independent existence was now gone; its strength was considerably less in 1896 than it had been in 1892 and 1894.* The explanation would seem to be, in part at least, that the People's Party was "bivertebrate as well as bimetallic."

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