New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-10-19
ENTHUSIASM RUNS WILD.
Continued from First Page.


control not only Of the National House OF Represen
,atives but gained the control Of the state Admins
trson in quite number OF the states tna' hau e'eV
their votes fOr Harrison in 1883. Al the same uihe
that We were visited with this rising flood Of Domoc
racy new element appeared In National poiiucs-a
third party movement, having ltS origin cmehy Ill
kansas. now called the Peoples party. an orSan2a-
on that developed surprising strength and threatened
70 spread into other Western and Nortnwesterh o'aes
aud wherever spread it spread to the det1meht Oh
Eepubl canism, and kind OF ally to Democracy
The result was that six months the political con
d,t,c, WIS such that no thoughtful Republican scarce
danca hone for success the eighth day Of next
November.
NEw-YoRK SHOULD DO ITS DUTY.
al want 70 congratulate you. my fellow-cltzcns of
NewYork on the fact that that condition no longer
obtains. Applause) / come here fresh from Ne
br,sla Kansas, Illinois, Indiana. and other states
that the Democracy has been setting hopes upon ;
and say TO you. with knowledge whereof affirm,
that IL the Republicans OF the Empire state VIII
hut do their duty, not doubt remains tiMt We
shall triumphantly re-cect Benjamin Harrison lCon-
tinued cheers) This change has been brought about
almost solely by the Democratic party NO sooner
had that party got opportunity In the lower House
Of Congress than 1t proceeded to manifest 10 Tile
people who had reposed confidence In it that 1t
was still the old Democratic party That we
have been cursed with the last thirty years ZAP
pause) Their record is Of unusual eXtravagance
and of assaults upon patriotism and prosperity.
the tariff and financial conditions of the country. and
they added the finishing strokes when at Chicago, they
adopted the platform on which Mr. Cleveland seems
10 step. QaughterD Two panks in that platform
we're sufficient for that purpose and i propose TO
address my remarks to you this evening to them.
They arc first, their declaration in regard to State
banks OF Issue: and In the second place what they
have to say about the tariff.
aTheir declaration concerning State banks Of issue
Is very short very plausible and harmless one
10 the unthinling the face Of II. We recommend
the repeal OF the 10 per cent prohb!tory tax on the
Issues OF State banks But simple as 1t is on Its
face undertake 10 say there has not been platform
adopted by any political party since the war that had In
It for the business interests, for the prosperity OF this
country, so much dynamite as that. (AppauseD The
Democratic party were opposed before the war; as they
were during the war, and have tried TO be on many
occasions since, to everything National 1t was
.states Rights party. The consequence was that
they were in opposition TO every proposition that we
should have a National currency they claimed the
State sovereignty should be left 10 the several States,
and each State in the Union anxious 10 show It's SOW
eregty and independence in their state, aimed to have
a different system from any other state, and the re-
suit was that when this broke out we had many
banking systems states. Some of them were good.
q good many OF them were bad, overwhelming num-
Der were q great deal worse than bad. QAughter)
Every VINO did business al that time remembers
that the currency issued by these banks not Of
Uniform value because not uniformly secured or IN
sected. They applied to it every kind Of name they
could think Of 10 indicate its unsatisfactory charac-
Ter and WortllessneS They called IL red dog
money, and wildcat money and 'shinpAsters.'
That my fenow-c!tzens, was the Kind Of currency We
had before tie war, when trading in the Free
Trade markets OF the world Qaughter), and doing bust
Isss according to the Southern States rights idea
GETTING A GOOD CURRENCY.
at was that kind OF currency tnat the Republican
party found in existence in this country as the
the Democratic party could DO for 1t when II came
INTO power with Abraham Lincoln at It's head. ZAP
plause One of first efforts to change this con
nu0n Of things was the enactment OF u law thitt
placed d tax OF per cent under certain conditions,
per under others, upon such banks as TINS,
and that bTCAe Gp COED many 81 !nem; we we 'h ZEN
ierred to BY This declaNdon In the Democratic plat.
form. bg which imposed upon such banks OF
issue tax OF 10 per cent That proved prohbitory.
That is one time prohibition did some good in this
clear field for the substitution of the best currency
mat any country has ever enjoyed during It's ex
,stauce. (Appause We first issued several hundred
ins HS On the n war Bueansn did not leave US any
money. The Treasury was empty uaughttr), We mad
was woIse thar all and more shameful Than all, this
mighty Repab ic haf no credit. When we p7Oceeaed
tionaI-everyth.ng was unconstitutional. II they had
seen Nose come out Of Mount snn s %i,n .g Moss e
throw them away! II was Unconstitutional
QLaughter) .-., cha ,,.oon,.oc,s oil
the same; and put into ~ legal tender clat'se,
providing IL should be accepted by everybody to whom
It was offered In payment as money, Keep, IiE i
customs duties and interest on the pubic dept' anu
with Uncle sam behind II 1t bought groceries from
copperheads well as other people laughter, ana
helped To save the country.
The war went on. ana the necessities Tor money
exceeded the amount that II safe 10 Issue green
backs TLen issued the National bank notes.
gold certificates and Treasury notes, ard one is Just
as good any other, and every one as good MS
gold (Applause)
SOME DEMOCRATIC IDEAS.
81 have before me speech made only few days
aco at Alton. H., by Mr.. William NJ. Springer
Democratic member Of the House from that state,
and chail of the Committee OF Ways and Means
Of that House. in which he says that this gresnback
money 50 much desp sed and rcvied by Democrats
this money they would dsplace by state banks OF
tbs country and all over Europe, performing the
purposes OF money. Applaas, y Whence came ~, We
q M, nd for the restoration Of State banks III tllS
colgtry4 il came from the southern states In
response to The claims OF tat 0d ldea a OF soSnaed
In 1928 Mr. Springer says, speaking of their dec'2ra-
iion and platform about which / am talking: IL
IS merely an exprts.ion Of dsappr)tatOp OF exercise
"f power in the general Government 10 interfere III
Which The bows in blue shot TO death the battle
e1e 81 Of "s oa HR States kavs
the Issue Of state banks in order enable the States
in which they live 10 Incorporate stat banks Of
issue Now, you have 1t. Haven't we had, my
+ ow-citzens enough OF that states-igh, statesman
Ship In this country ('Yes.0
On. but says some DemOcat, Grover cleveland
donr believe IL That G4aughter) How DO you
know that he don't believe in that DIDN'T ne have
an opportunity when he wrote that letter OF &C.
oep,snce TO say 1t cYes.) And did he say ~
tNof) AS dumb rs an oyster Applaa,na,e? ,. Why
didn't he speak "a voice: He didn't hno"
enoughO lie ought TO have consulted ms ehcy-
eopedia, then. u.aughtcrD But may be he ddnt
have Tat With him al Buzzad RoOst.
Nov, ! say 10 yt in all seriousness, TINS propo-
sition OF the Democratic party Is OF far more I'M
J,oP ard viii work for more ruinols consequences
10 the business interests OF this country II IL shOuid
be acted on favOrably than free, unlimited college
OF silver. You people who here al this great
metropolis upon whose prosperity depends greatly
The prosperity Of the whole country, II there was no
Other question presented In this campaign than me
ore 70 which ] hav" alluded. YOU should overwheln
lngly vote TIar1 and Reid, that We might nave
honest money. q pIause)
TN. N'FINIFY ACT.