New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-09-20
HARRISON ON THE SURPLUS
LOANS TO BANKS WITHOUT INTEREST.
THE DEMOCRATIC PLAN DEPRIvES TIE GOV
ERNMENT OF INCOME RIGHTFULLY Be
LONGING TO Ir-TEN THOUSAND PEO-
PIE VISIT THE GENERAI-TAKEN
PRISONER BY VETERANS
TpY TELEGRAPH TO TEE TRIBUNE.


| INDIANAPOLIS Sent 10.-Gencral Harrson's visitors
to-day numbered fully ten thousand. attracted to the
city by the state Fair the reunion OF five Indiana
regiments, and the Republican standard-bcarers ap-
pontments for public receptions. He bore the try
| ing crvca OF shaking hands during nearly the whole
OF the day without apparent Ill cffccts and tonight
gave little evidence OF fatigue When the first party
appeared at the door this morning. II was only ~
O'Clock. The General allowed little opportunity
for from that time until late tonight The call
nearly all either farmers who have come to
the city to attend the State Fair or old soldiers who
have gathered at their annual reunions survivors Of
the 7th Indiana Cavalry one of the celebrated rcg'
mcnts that represented the ooser State in the
composed the first delegation of the day, which called
| at the Generals house an hour before
| neon. There only fifty OF the
veterans. but they the less warmly received
After assembling in the parlos, Louis Reeves, in be-
hall OF the regiment, briefly addressed General Iar-
| rison, who responded as follows
Comrades recall the services Of your gallant rcg
ment welcome you as who had honorable part
in the great achievements OF the Union Army in the Civil
War L congratulate you that you have been spared to
sec the fruits OF your abors and sacrifices In these
meetings the thought OF those who did not live to see tho
end OF bloody struggle is always present Their
In keeping. glad to know that at
shaft Is being lifted to the honor OF the
Indiana soldier. 1t Will not only keep alive worthy
memory, It will hc instructor In patriotism to our
children thank you for this friendly visit (cheers)
Three delegations camc to the city especially for
the purpose of paying their respects 10 Gcneral mar
rIson Two of them, one from Iroquois County. Ill,
and the other from La Porte County, In the extreme
northern part Of Indiana, bordering on Lake Michigan
arrived noon, and the third, from Grundy County,
H., came later in the afternoon. There were over
thousand Of the Illinois visitors, and more than half
that number from the Indiana county. In marching
from the railway station to University Park, at the
head of the procession four bore upon their shou
ders a miniature log cabin with coon playing over
| the top OF IT, One Of the banners read we VIII
| modify rates and uphold protection"
Others indicated strong Republican sentiment with
| out being specially pointed. Many of tho Harrison
voters OF 1910 were in the procession, but the or
ganzaon with the largest representation In the lihc
was the John A. Logan Club. of Watseha, Ill. Gen
cral Harrison late in arriving at University PARK
| but the crowd kept in good humor while waiting
| for him by the songs Of two Iowa veterans Moro
than the usual enthusiasm was manifested when Cen
cral Harrison appeared before the company and tho
inspiration of the occasion was such as to elicit thc
longest and what Is regarded by many of his hearers
as the best speech that he has delivered since MS nom
inatlon. The Introductory addresses were delivered
by r. W Hcllchcr Of Iroquos County, and J. W. Crum-
pacbcr of La Porte the latter plcdglng Republican
majority from a county that has heretofore been Dem
ocrac In response General Harrison said
| My Illinois and my Indiana Friends; IL needed
|
and responsibility Of representative Onee ipcreased'
shoud find It I'm such assemblies these and in the kind
and thoughtful words which have been addressed to ME on
YOUR behalf The American people, under our system oil
Government their pu5lic interests In their own
kecnlnr All laws and projections may be revoked or re-
peaed by them They will be called upon in November
10 mark out tho rcvenuc policy for Government. by
choosing public officers pledged to the principles which
majority of people approve. Fortunately you nave
now an clearly drawn and easy 10 understand In
preyious campaigns not known where our adver
sarles stood. Now We do know Your Democratic
friends say that protective tariff is robbery You see
this written the head OF campaign tracts circulated Dy
their committees You hear 1t said In the public speeches.
Of their leaders You have not once think In the cam
pagn heard any Democratic speaker ADMIT that even 10"
| nroectivc tariff was desirable. Those who. like Mr.
Randall have in campaigns been used to aay the
apprehension OF working people by talking protection
have been slcnced. on the other hand the Republican
party declares by platform and By Its speakers that
protective tariS Is wise and necessary THERE'S the ISSUE
Make your own choice. If you approve by your votes
the doctrine that protective tariff Is public robbery you
will expect your representatives to stop this public rob-
berry and If they faithful they will do it, not per
cen; OF f. but all Of It, (Applause and cries OF That's
ir) So that beg you all to recolect that you VIII
vote this fall against the principle Of protection
You are inylted feast OF cheapness You are
promised forcign-made goods at very low prices and
domestic competing goods. IL any are made, at
the same But do not forget that the spectre
Of lower wages will attend the feast applause and
cries OF That's so" Inevitably certain the night
fellows the day the adoption OF this policy means lower
wages Choose them but do not forget that this cheap
cning process be pushed 30 far as to Involve the
chcapennr OF human life and the loss OF human happiness
! (Appause)
| Ana now word about the surplus in the Treasury.
Our Democratic friends did know what else TO d. with
IT, and so they deposited 1t in certain National banks
The Government interest upon It, but 1t is lent
hy the citizens as interest Our income Is
current expenses. There is no authority
for the Secretary Treasury lend the money and
only three methods Of dealing with It presented them
selves under lock up in the Treasury
vaults deposit it In the banks withou; inter-
third it in the purchase OF our bonds not
yet due The objection to the first method was that
the withdrawal OF large sum might result
I'm monetary stringency; the second obviated this
objection by allowing the banks to put the money IN cir
cuation but neither method resulted In any advantage TO
Government. IT, the money dead. only the
banks received for its by the third method the
money returned the channels OF trade and the
Government would make the difference between the pre-
MUM paid bond and the interest that the bonds
would draw II left outstanding until they maured. IL
Government bond the market premium is good invest
capitalist who is free to use his money as he
peases be bad finance for the Government havns
money in any other way to nse In buy
Ing up bonis Great appause) II is not whether we
will purposely raise money to buy our bonds at pre-
mium-no one would advise that-but will We so use
surplus that we hand and cannot lawfully pay
cut in any other way. Do our Democratic friends pro-
pose to give the banks the free OF IL until our
bonds maturel do they propose to reduce our an
nual income below annual expenditure by revision
OF the tariff until surplus used and then revise the
tariff again the equilibrium Great applanse
welcome the presence to-day Of these ladies Of your
households We should forget that have working
women In America. applause and cries Of Good
good ~ None more they Interested In this policy
Of protection which advocate II want and hard con-
ditions come the home, the women bear full share
| Appause) Ard l have been tempted to speak
more at length than had intended. thank you for this
cordial manifestation OF your confidence and respect
| fCheers)
| Tho third delegation, numbering SIX hundred, from
GrIndy County, H., including about hundred
| ladies' who wore large red. white and blue sashes
were received I'm the park about o'clock General
r. c. Hayes, OF Morris, Ill, In behalf of the visitors
made an address General Harrison In response said
General Hayes and Illinois Friends l regret that
ro-r Arrival WAS nosnonei long make Il impossible