The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-09-26

has not always taken the same form,
but Its effect has always boon to cor
rupt and debase the currency of the
country. Driven from their opposition
to resumption by the thoughtful men
OF their party, who voted against
them when that issue was presented.
they then demanded MI imitation of
tho currency and the payment OF the
bonds In greenbacks. Routed from
that position by the sober sense of tho
country, they became the advocates
OF tho free and unlimited coinage OF
dollar worth less than 100 cents.
Driven from that by party exigency,
they now pronounce for financial
policy which would lntiict upon the
country the most worthless currency
we have ever had.
Mr.. Mckinley then proceeded to the
other question, that OF the tariff, which
Is receiving more thoughtful consid-
Grafton than 1t ever received before.
The platform OF the Republican party
declares for tariff upon foreign pro-
ducts SO levied as to meet the revenue
needs OF the Government; and so dis.
eliminating as to give our own people
and our producers preference in
this market over tho producers OF tho
other countries Of the world. Tho
platform OF the Democratic party de-
clarcs for a tariff which shall b o i'm
| posed on foreign products forrevenue,
and for 10 other purpose. IL declares
| for free-trade tarifl, as free as the
English tariff. which Is pronounced by
all political economists to be free
trade, pure and simple. 1t is by far
the boldcst utterance tho party ever
made In favor OF the British doctrine.
1t not only declares for revenue tar
III without qualification or limitation,
but declares that tariff imposed for
any other purpose Is In contraventinn
OF the Constitution OF the United
States. 1t pronounces protection a
fraud as well as unwarranted by the
organic law OF the land, e..
1t Is little late | submit, to raise
the question of the constitutionality
OF the protective tariff, but can only be
accounted for by a general tendency,
on the part of the Democratic leaders
in the last National Convention. to go
backward rather than forward. The
power to levy duties not only for rev.
enue. but for the general welfare was
never questioned by the men who
/ framed the Consultation OF the United
, States, who were its earliest and best
Interpreters Not only did the early
. statesmen So understand 1t. but the
plain people of tho country 81 accept
ed it.
Governor Mckinley thon went back
over the history of the nation and
showed where the First Congress md
Goe. Washington stood on the question
of protection. Here Is the declaration
OF that Congress- July /, 1859: Where
as, 1t is necessary for the support OF
the government, for tho discharge OF
| the debts of the nation, and tho en-
+ coulagement and protection of manu-
features, that duties be laid on goods
wares and merchandise imported" Ii
Grover Cleveland better constitution
al lawyer than Thomas Jefferson? l.
/ General Stevenson better cunstilu
tional lawyer than james Madison. or Is
| Wutterson better constitutional law
L yer than Henry Clay?
4 Is any or all OF them better anG
/ greater than tho supreme Court of tht
United States, which Inns within veaI
8 declared that the tariff law OF 1890 Ii
/ within the strict construction OF the
. Constitution OF the United States
Tariff laws are not contradictory Il
i tho United States Constitution. II was
/ to the Confederate constitution, bul
that constitution went lown before
( the armies of Grant and Sherman. II
} was foreign to America and American
: interests and was SO decided In the
| arbitrament of war The Constitution
OF Washington. Jefferson, Madison
and Lincoln was sustained, and this
constitution of tha independent rebel
Davis was destroyed. II there Is one
thing these Democratic lenders like tC
talk about it is something foreign.
don't known how It Is In Delaware hui
, with mo and my people There Is ne
/ place like home"
, III Illustration OF the working of tht
} tariff, Governor Mckinley picked up
} goblet from the desk and said: Thu
revenue on that Is % per cont, and al
b. a result we have tho most splendlt
, glass factories In the world. 1his Ia!
was imposed to build up n great In
. dustry and IL has done n. We cal
make rs elegant glassware as any ia
| ton In the world. That amount o
, revenue would be too high for pure
r ly revenue tariff. Such tariff woul,
= require importation, and we woult
q have to reduce the tariff to Mr.. Stew
II cnson's figures, 20 per cent. That, h
It says. Will encourage Importation,
0 Will drive the American article out .
the market. Ii would pat money int
Il the treasury and money into the poch
}, Dts Of foreign ass.makors, but woul
Il give less work to American workmer
II DO you believe that lCries OF Yes,
+. DO you believe In giving work TO FL
% rupsan wOrkmrn while American
g. tramp the roads and beg for foot
It Cries of No, we don't want that.
o, II you want free prices you can hay
nj them with free trade conditions, bl
Of not otherwise. You can have Chimes
n prices with Chinese conditions bu
II We don't want theIn. II anybody !
M America wants those conditions /,
them go.
Il, Governor Mckinley usel a few ST
We tistlcs to show that the tariff ha N
20 shut Ws out Of Tho foreign market. bi
Is instead, hal Increased our exports an
" tho balance OF trade was largely
III our favor,
Under the tariff of 1915 and until Isl
I'll there was inst TIVE years when the ba
al unCe Of trade WAS in our favor. Nj
lr lions aud millions of dollars wei
from America into the pockets Of 10
ed eigners and yet General SteVansu
rs calls this the age Of the golden era.
lH The country meyer endured so mul
OF distress as during that periol yot
ho was during that period that tho Me,
he can war occurred puttinGSloG, COG, O0nl
Ia circulation Gold was discovered
ey California; there was famine IN 4
lie rope and the Crimean war was tough
la. Yet with all these helps 10 business u
hd United States Treasury was tGrCcd
IL borrow money. IL WIS dining III
ID period that Democratic Secretary
ID tine Treasury asked the States TO c
Il rise the government notes. Till
lrt Of this great nation asking the pull
~ Statea to go Its bail. You don't ha
IS TO have in endOrser now, but can be
Ter POW money with your bonds at n 81
ud mum and interest not al IL per cen
tes but ut = per cent, and can borrow
mt in any market of the world.
la Ex-Governor Mckinley then road frc
gh messages VI President Fillmore II
all buchanan giving glowing pictures
lie the financial condition OF the natl
er, under tho tariff OF 1919. He also re
rus IN editorial from the New YC
Ll4S Tribune written by Horace Greedy
icy 1855 wherein he described thOusau
,e5 oil people being fed at soup hou
NJ. which the editor charged To the
bo sound hnsueial and economic theor
md OF the day. We have nothing OF u
IN kind now.
lis Cow tho American market Is
l. best In the world simply because
his people consume more than Gny oil
ON people of tine world. The AmeriC
} Of workman does not cut at soup hou
old now. He cats his own soup, ut his o
IS home and surrounded by his U
less family,
tore Iiut DpIuorrnts ANY we Nyn Mt fran =