The times. (Owosso, Mich.) 1882-1897, 1893-09-22
Gov. M'KINLEY
Opens the Ohio Republican
Campaign ut Akron.
The Keynote Sounded in Speech
of Remarkable Power by the
Champion of Protection.
The True Cause of the Present Finan-
cial and Business Depression of the
Country Shown in a Logical
and Convincing Manner.
scathing Review of the Purpose and Pol
Icy of the Democratic Party-Pointed
Questions Put to Tariff Reformer
Neal-DemOcratic Injustice
to Pensioners.

MIR. PRESIDENT AND MY FELLOW CITIZENS:
The selection OF Akron as the place for open
ing the Republican campaign is peculiarly graf
flying TO me. Akron has long been one of the
most progressive and prosperous cities of the
state. In 1890 the capital represented in its
manufacturing industries ranked IL fourth
among all the cities in the state. 1t 1890 1t en-
ployed 3, 79l men and the value of its product
was nearly s12 00,000 1t made phenomenal
progress during the last decade, and only
hope may be able to congratulate you upon
still greater advancement during this 1 am
glad to speak my first words here this year. es-
pectally because Of q coincidence that some of
you may recall Near this city in 1884, opened
my congressional campaign to one OF the 1arg-
est meetings ever held in the county, which
marked the beginning of a campaign which
steadily grew in interest until great victory
was won by the republican party. recall with
feelings OF gratitude, the great work of the
people OF this city and county in that canvass
and the cheering result of triumphant repub-
lican majority in this county and congressional
district, believed to be, and made by, the legis-
ture to be safely democratic.
We meet in political discussion for the first
time since the overwhelming defeat In 1892 We
meet with deep concern and in changed condi-
| lions from those happily existing when we last
| assembled. The business condition of the
country has created just alarm among our
| United States has convened congress in extra
ordinary session with view to securing prompt
| relief. The president in his message to the
| congress he has convened, says:
1.-The existence of an alarming and extraor-
| binary business situation involving the welfare
and prosperity of all our people has constrained
me to call together in extra session the peoples
representatives. Values supposed
10 be fixed are fast becoming conjectural and
losses and failures have invaded every branch
of business"
The presence and pressure of the situation
described by the president is felt in every sec
ton OF the country, and few, il any of our peo
pie are exempt from ii. The rich and the poor
are In distress and are hoping and praying for
rellef from the strain and wondering when and
how 1t will be found. This business condition
calls for sober reflection and demands of all of
us the most careful judgment as we'll as the ex-
ercise OF the highest patriotism. Whatever
comes or goes we are all for our country. Hav-
ing settled that much, we can dspassionately
discuss what will best return il to the magnih-
cent prosperity which ii has recently lost.
At such a time as this the voice of sober con.
servatism and wise craftsmanship should rule.
1t will do no good TO find fault The PATHFINDER
Is OF more use just now than the fault-in
criticism OF the past should give place to con-
hdence in the future. Whoever may be re-
sponslble for bringing this condition upon us is
no longer important; but whoever stands in the
stress is responsible for its continuance and is
a public enemy who will be held to awful ac-
coun liability
If, as party or individuals, any have been
wrong on public questions, they should want to
get right, and now is the time to do it. II they
nave committed themselves to a policy which
experience or observation has demonstrated
is unwise, and unfriendy to the highest pros
perlty OF the country, they should abandon il at
once This is no time for theorizing Practical
statecraft is the supreme duty of the hour
inc purchase by the government of 100000
ounces OF silver every month under the Sher-
man law, so called and the issuance in pay
ment therefor of treasury notes in the sum of
the value OF the silver thus bought is believed
In the great financial centers to be the cause
which, If not wholly responsible for the present
SITUATION has contributed thereto The presi-
dent shares in this general belief most fully
ana says after describing the deplorable con-
dition of the country:
j DeneVe these things are principally charge
able to congressional legislation touching the
purchase and coinage of silver by the general
government, and earnestly recommend the
prompt repeal of the provisions of the act
passed July IA, 1890, authorizing the purchase
of silver bullion"
senator Sherman, who was q member of the
conference committee in the Fifty-hrst con-
gress, which agreed to the act of July H. 1890
(the silver purchase law has announced his be-
Should be repealed, and last year, before the
inauguration OF President Cleveland introduced
into the senate q bill to repeal it. 1t is fair 10
assume, therefore, that whatever the so-called
sherman law has to do with the present con-
dltion OF our finances, 1t must now 60 unless
Mr.. Cleveland's party in the senate prevent A.
The great majority of republicans in congress-
are openly committed to its repeal, as shown bv
their votes in the house on the Wilson hin and
IN the senate by the debate which has already
taken place; and If it fail, it will be because the
democratic representatives and democratic
senators who constitute the majority in both
branches Of congress, stand in the way of its
repeal If IL is repealed it will be the Joint
work OF republicans and democrats. II il is
not repealed the responsibility will rest upon
the democratic party which is chargeable with
public legislation, having been entrusted with
control OF every branch of the government
On the subject OF money the republican party
stands where 1T has always stood. In the lam
guage OF the Ohio platform this year: eve
favor honest money, composed OF gold, silver
and paper, maintained at equal value and under
national and not state regulation" The best
money obtainable is the safest money for all of
the people. Whatever uncertainty may exist
as TO other things, there should be no uncer-
ta1nty as to the value Of the money with which
we measure the exchanges of the people their
products and their labor. That should be as
fixed and unvarying in value as human ingenuity
S"h iiuhS " We w HOb want 10 StrlKe down
either gold or silver We want to use both
metals, but we insist now, as we have always
insisted, that the one shall be at n paritv with
the other to the end that we may I'VE the use
OF both that each shall be the eglal of the
other intrinsically, as well as in legal ender and
In debt-paying power. The silver pros net OF the
country, one of the most important we have
should not be Disseminated against, but some
plan should be devised for It's utilization as a
money which will insure, not the displacement
OF gold, but the safe and full of both, as ex-
changes among the people. All tho money
we have to-day is good When the disturbances
In business commenced this year, the outstand-
ing currency in this country was the largest in
volume per capita ever known in our own his
tory The volume of currency outside
the treasury on August j. $685. was more than
S16 5000, or S24 30 per inhabtant, against
S102 in 1862; as in 1872; 500 in 1885, and S23 IS
in 1891. So that the trouble cannot have been
want Of currency but has resulted from want of
confidence. Not contraction OF currency by
the government, but want OF confidence in the
proposed policy Of the government We never,
in all onr history, had so much money per cap
fla aa n basis for business aa hnva to-dau