Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1892-10-14

T ~ a ~
Democrats did sixty years ago.
At the conclusion of his address
Mr.. Nelson was rOundly
applauded and cheered.
sEARLE's ADDRESS.
Judge Searle was heartily well
coined when introduced by Chair
man Richardson. He spoke of the
great advantage to be derived by
the northwestern states by having
water course from Duluth to the,
sea, through the lakes. He said that
the reports showed that the cost OF
transportation from Duluth to Buf-
falO, by water, was one-tenth of a
cent per mile by water per ton, and
by rail itamounted to nine-tenths.
He was in favor of q measure be-
ing introduced into congress and
passed which would give the people
OF this state the benefit of direct
transatlantic shipping. In his
opinion waterway should he con-
structed of SUFFICIENT depth and size
to accommodate vessels OF the first
and second class. The result from
such a waterway would be to give
an immense impetus to all lines of
business in this state, and especially
to manufacturing industries.
Speaking OF the effect of the tariff
upon protection he said that the
wages in the United States were
seventy-seven per cent. higher than
in England, which was free trade
country. It was through the effects
of protection against which the
Democrats was making such howl
that SO many new factories were be-
ing started up in all parts of the
country. -
A large manufacturer and a Demo-
at that, had admitted to him a few
days ago, that if it was not for the eff
feet Of the Mckinley tariff he would
be obliged to close down, as foreign
importations would Immediately
come in and ruin his business. :.
Mr.. Searle dwelt at considerable
length upon the question OF free coin
age of silver. He said that the price
Of silver had been steadily declining
for years, until at the present time
the silver in dollar was not worth
more than two-thirds of gold dol
lar. This depression had been caused
by the development of the immense
silver mines in this country which
had materially increased the supply,
and to the fact that European coun-
tries had discontinued the free COIN
age of silver. The United States gov
eminent a few years ago had agreed
to purchase 81 100000 ounces OF silver
year, when the production had not
exceeded 100000, in hopes of MAIN
tanning the price, but nevertheless it
had steadily decreased.
In the face of all this the Democrat
ic party advocates the free coinage
of silver. Even after the experience
OF European countries which had
found it absolutely necessary to dis
continue doing SO.
W. E. LEES ADDRESS.
Hon. w. e. Lee spoke a few mo-
ments combining his remarks to reci-
procity. He showed that commerce
between other countries and this
country has been stimulated and
increased by reciprocity treaties, and
that the increase had been of the
healthiest character; that we have
not only secured for our people such
things as cannot be produced in this
country on the most favorable terms,
but we have induced other coun-
tries to receive our farm products on
better terms than ever before. For
the privilege OF selling coffee in the
q. S. Brazil has taken the tariff
Off grain and other farm products,
and for the privilege Germany enjoy
es OF selling sugar in our market,
free Of duty, she had made light
concession. He showed that under
the first full year of reciprocity, I'M
der the Mckinley law, we have in
creased our foreign markets for
farm products about $15O,0OO, OCO the
principal items of increase being
breadstuffs and meat products.