The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-08-30

gentlemen of the Convention-we
have met at critical time. Our coun-
try and our party have alike reached a
crisis in their affairs. From all parts
Of the land comes the wall Of financial
distress. The whirling wheels and ring
ing hammers Of industry no longer join
in the glad music of prosperity. A spirit
of dread and anxiety floats like a threat
ening cloud over all the marts of trade
and the ban OF witchcraft seems to have
palsied the arm OF public works. Wav-
ing fields and bursting granaries attest
the kindness of Providence, but they
condemn the weakness and folly OF man,
whose governmental policy compels
thousands to want in the presence Of
untold riches, since the absence of a
medium of exchange prevents the will
ing. au-supporting tiller Of the soil,
from bringing to the mouth Of the con-
sumer the superabundance of food which
he has again received from natures
horn of plenty.
Meanwhile, the army of the discon-
tented unemployed swarms over the
land. Meanwhile. up and down the
highways In their midst, is the republi-
can pharisee, with the assurance OF in
US and our party as the authors of this
widespread misery. 1t is high time
here in Iowa, my fellowdemocrats, that
we repudiate this foul Islander and
stamp the life out Of this crawling ser
pent Of republican deception We live
IT is true, under a democratic admins
tration, both state and national. But
both in state and nation we are cursed
by republican laws.
A Result of McKinIeyism.
Let US not forget, Nor permit the peo-
pie to forget, that we still have that
blessed Mckinley bin'-that latest, but
most developed offshoot Of the poisonous
plant, protection. Let US not forget, nor
permit congress to forget, the unanswer-
able thesis Of sound political economy,
that our Industries can never get on a
healthy, natural basis until this odious
weed is destroyed, root and branch.
Panics are the necessary outgrowth and
never-failing accomplishments of this
artificial system, which stimulates
growth abnormally in certain directions.
while it prevents expansions in others,
and finally compels the pampered favor
ties to choke in their own slime in the
overcoming spasms Of overproduetion.
1t is an attempt on the part OK congress
sional wiseacTes, by means Of the taxing
power, TO prescribe the conditions on
which their fellowmen shall engage in
productive industry, assuming 10 them
selves the power of OmniScience required
TO determine the needs and wants of the
innumerable industries Of a great nation
like this; whereas, the recent experience
of several Of them. and particularly of
late secretary Of the treasury, seems
10 indicate that the great high priests
of protection do not know enough TO run
their own business, much less to regulate
that Of their neighbors.
Let US not forget especially that that
cowardly makeshift, denounced by our
national platform last year, the Sherman
bill, discredited now by its own author,
still stands upon our statute books Like
Esau. John Sherman sold his birthriRht
for mess of potttage when he lent his
name to this unprincipled sell-out; when
20 serve the trucking demagogism of his
party, he threw 10 the winds the greatest
financiering reputation of the age in
last Intellectual attempt 10 capture votes
for the republican ticket by saving Har-
rison from the unpleasant necessity Of
vetoing a bill for the free coinage of
posterity linked with a law upheld by
none, condemned by all, the great and
sufficient cause Of our present financial
distress.
"Often has the unvarnished demagog-
ism I'm our press or public men furnished
a text for the disciples of monarchy on
the inherent impossibility of successful
self-gOvernment. but never has this been
more disgraceful and unblushing more
rank and nauseating I'm ignorance. gall
and assumption than last weeks at
tempt OF the defeated and discredited
leaders Of the republican party in Iowa
10 charge the present administration and
the democratic party with being the
cause Of our financial trouble, and thus
TO pass off on us the paternity Of that
bastard child, whom they themselves
have conceived the gross body OF
monopoly and the money power. One
loses patience with these constituencies
demagogues and superlative sapheads
who. with an air Of measureless SUI
periority, in one breath deploringly say.
I told you so and in the next, try 70
poison the ear Of an alarmed public