The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1893-06-16
OHIO REPUBLICANS.
Gov. Mckinley Renominated by AccIama-
tion-His Speech Before the Conven-


convention and spoke at some length.
After giving a brief review OF the
conduct of Ohio state affairs during the
last eighteen months, the governor said:
The national administration has done moth
ing thus far, except to create in the minds OF
business men u deep distrust The financial
situation which for the most part has prevailed
since the fourth of March, has not been i'm
proved, nor has the financial stringency beer
relieved by anything the national adminlstra-
tion has said or done 1t has announced no
policy, suggested no relief and given no sign OF
its disposition or ability to restore confidence,
stop the outflow of gold 10 foreign
countries and the contraction which has
taken place at home. TIE 500 00O,0UO of gold
reserve which Mr. Cleveland in his first admin
istration, set apart as a sacred fund 10 redeem
the greenbacks and which sum he dedicated to
that purpose and no other, he has been the first
singularly enough TO encroach upon 1.-THE
first 10 drop below the Sl0loOOD line
which he himself had established as the only
mark of safety. He announced in 1879 that this
sum of 500 OoD0, 900 was trust fund for the re-
demption of the greenbacks of the government.
Prior to that time it had been carried in the
statement as any other cash balance in the
treasury, available for the pay ment OF any OBJ
legation Of the government
Mr.. Cleveland fixed that sum below which
in honor and good faith, thus creating In the
minds of the people the feeling that this was
the danger line. and that to cross it meant
financial dishonor and the violation OF plighted
faith So. when he was compelled to cross it
as he has been several times since the 4th of
March is il to be wondered at that serious ap-
prehension and insecurity everywhere prevail:
Mr.. Clevelands course had justified the alarm.
He pdt the danger signal and the country took
n
disturbed.
The democratic victory of 80 has not been
able to bring the better times promised 1t
has not been able TO maintain the good times
which were enjoyed everywhere in this country
on the day of the victory. Business failures
have increased, banks have suspended. money
is harder to borrow and borrowers are COM
PEELED to pay higher interest for their loans
than for many, many years Feverish uncer-
tainty prevails in every financial and business
circle. Labor and capital are in doubt about
the future This has been our condition for
two months and no ch inge for the better is at
this moment apparent
1t may be said that the new administration is
not responsible for the condition that is upon
US. 1t is so asserted and will be again that
this condition ought not 10 be chargeable to it,
because the administration has done nothing to
produce 1t and can do nothing to prevent it 1
concede you. that if nothing can be done by
the administration or congress to relieve the
situation, then the administration should not
be held accountable: but is this true: II to-
day the president should Officially and au-
thorita lively announce that there would be no
change in the industrial legislation of the
country. and that the financial situation would
be met and solved upon that standard Of tinan-
cial honor and national good faith which has
guided the republican party since its installa-
tion 10 power in 1861, confidence would at once
come pack Would it notf Docs anybody
doubt it, Security would disp'ace alarm
Faith in the future-so indispensable 10 easg
money and good times-would be restored; gold
would stay at home, and money would 90 from
its hiding place into ths great avenues OF busi-
ness where it belongs
II it is true, as the administration boldly pro-
claims, that our financial distress is occasioned
by the silver purchase law which requires the
government to buy 4,500,10 ounces of silver
every month and issue treasury notes therefor,
then why does not the administration convene
congress and repeal that law: Mr.. Cleveland
vainly sought it's repeal before hii inau-
Guration. but we have heard little from
him in that direction since With the
congress democratic in both branches elected
by the same constituency which elected Presi-
dent Cleveland, with undispuied authority in
him under the constitution to convene congress.
he issues no call and takes no steps ts repeal
disturbed business condition Believing he
knows the cause of the trouble he makes no
EFFORT to remove it: and in this is his RESPONSE
bilty, and from ii he cannot escape.
Three months have gone by-the country
waiting and suffering and congress i5 uncor-
vened; and its assembling in extraordinary ses-
sion is now as doubtful as it was three months
ago What he is doing we do not know He
has no time for the office-seekers, that is GER
tain. He has closed the doors OF his of1cial
in their faces that is susceptible of
proof He will not see them. III be is giving
attention to the business condition of the cOun-
we sincerely hope he is-he is TO be
But he should not lose sight of
the fact that he cannot, unaided supply the
remedy for our veXed condition Whether he
wants to- or not, congress must be taken into
confidence. Inconvenient that may seem to
the president. congress must be consulted IL
he hIs been Withholding his call for an extra
session OF congress in the belief that still
greater financial distresses. and still added
are necessary to bring mis- party
associates to the adoption Of his views. then
democratic ascendancy will prove costly les
son to the people and an expensive experiment
TO the country.
Mr.. Mckinley then declared that the
country did not really desire free trade.
and that many who voted for President
Cleveland had sirce repented He drew
a dark picture of the future for wool.
tin plate, coal and other products. and
declared that the following out of Mr..
Cleveland's policy meant untold evils.
He appealed to The country. so far as
possible. to vote down its former in
before the assembling of con-
gress.
In closing he said:
We want no coin dollar which does not meas
ure up TO full ID cents in value and we vii,
never return 20 paper dollar issued bv state
resting upon uncertain and doubtful
The pledge OF the republican party
hat gold and silver shall be maintained at o
parity, the one with the other must be sacred {
" kept The government must not suffer any |
faint 10 be put upon its credit or finan |
,ial honor. 1t can prevent it. Republican
legislation vests il with full POWER. The ad- 3
shoIld use II promptly II required. |
Uncertainty OF the financial policy of the gov !
breeds Gistrust III the minds OF the
peop.e The word OF confidence and courage
born of purpose is the need of the hour and /
should no longer remain Unspoken-
This Is the time for all good citizens to help !
inspire faith in the future and dispei fear and
apprehension now so prevalent in business and I
financial circles Other questions will engage I
1sr attention as well as those which l have !
named. We invite uoon the contest which we |
commence to-day the INTELLIGENT Judgment OF !
The people of On!o Gentlemen OF the conven- I
ion, again THANK yog.
Smuggling Port.
TRENTON. \. j., June 9.-The secre-
tary of the treasury has sent a curious !