The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-10-14
PROGRESS OF THE CAMPAIGN
Hon. S. J. Peelle on the Evils Of Free
Trade and Benefits of Protection.
Further Announcements of Mr.. Blaine'S Re-
CeptiOn Here-Great Interest in the
Result of the Ohio Election.
CONGRESSMAN PEELtE ON THE TARIFF.

A Large Audience and u FOrcible Speech on
the Tariff in the Twenty-Third Ward.
The Republican meeting held last night IN the
Twenty third ward, at the corner of Madison
avenue and Morris streets, was notably good
outdoor meeting. There were fully 1000 per
sons in Acknowledgement listeners who eager
ly drank in the tariff instruction of the speaker.
Before the speaking began the Central Blaine
and Logan Glee Club sang several songs which
were keenly appreciated and warmly applauded,
J The first speaker was Hon. Stanton j. Peelle,
who was introduced to the audience by Mr.. E.
r. Dean, the well-known manufacturer MIR.
Peelle said we are told by Democratic orators
that there are no issues between the parties of
any great note. If there are no issues of conse
sequence it is because the Republican party has
successfully and satisfactorily settled all the
questions and the settlement is final. But there
are still differences of vital import
ance to the people of this country There
are great economic questions in this campaign.
That vital question is the protective tariff, and
Hendricks, Voorhees, and my friend Bynum are
endeavoring to obscure it by bringing in things
irrelevant and which have absolutely no place III
this campaign. Mr. Hendricks opened the ball
in this sort of campaign by the statement that
there was too much money in the United States
Treasury-too great an accumulated surplus, too
much idle money that should be out among the
people, that there was 1925 900, 900 locked up in
the Treasury, about an average of So belonging
to each man, woman and child in the country.
He said that this caused contraction of
the currency and hard times That was one
of his reasons for hard times, and he and other
Democratic orators have said it was on account
of the protective tariff. When Mr. Hendricks
made that statement he knew it to be untrue,
for he had served in both houses of Congress
with some distinction if not with honor, and the
man who conceals the truth perpetrates greater
wrong than the man who tells a lie in the eye OF
the law.
Mr. Peelle then proceeded to show that 1914,
000,0 of this amount is deposited in the Treas
ury in trust for a like amount which clrculates
in the form of gold and silver certificates. Mr..
Hendricks aud other Democratic orators,
said the speaker, conceal that fact They also
conceal the fact that more than $40, 900, 900 of
the amount is past due interest, and the further
fact that $4,000, 900 is to redeem bonds upon
which interest has ceased. Mr.. Peelle further
showed that the government has guaranteed
the payment of greenbacks that they have to be
kept good, and If there was no gold or silver to
redeem them, when redemption was demanded,
they would then decline below par. He remind
ed his audience that they found no Democratic
orator telling them that. 1t spoiled their little
story
Leaving the financial question, he devoted the
remainder of his speech to the tariff, and, by
plain homely and common-sense illustrations,
showed his audience that the position OF the
Democratic parry had always been OPP
posed to the protection of American in
dustries and the American mechanic,
laboring man and farmer That the interest
of the Democratic party to-day was free trade
because that is to the interest of the solid South
with its 153 votes. He then showed the injury
that had already resulted to the country by the
Morrison bill. which, while it did not pass, had
alarmed all the manufacturing interests of the
country, as it was foretaste of what the Demo
cratic party would do if it had the power. Fol
lowing this he gave Illustration after illustra-
ton showing the effect that free trade would
have on our different industries, and
that the removal of the protective tariff
would bring down the wages of American
Workingmen to the British standard, or below
and that after our American manufactures had
been broken down and destroyed with all COM
petition removed these British goods that we
have sacrificed so much to get would be ad
vanced in price, as there would be no competi-
ton to keep them down.
1t was a telling speech, and at its close several
workingmen came forward and assured Mr..
Peelle that he had given them new light on the
tariff question. Among these were some who
said that they had heretofore thought to vote
for Mr.. Bynum, but now thought they could not
indulge in that luxury at the expense of taking
bread and butter out of their own mouths and
the mouths of their families
Hon Thad S. Rollins, presidential eector for
this district, excused himself from making a
speech, as it was late, but made few remarks
that were well received meeting with hearty
applause at their close.