The morning call., 1894-10-21
Tom Reed Tells What a
Market Is.
GOODS MAY BE CHEAP.
No Cash to Buy Is Bitter to
the Soul.
low ALL THINGS CHANGE.
Even the Campaign Oratory of DEM
ocracy Has Changed in the
Last Two Years.

CHICAGO, Oct. 20.-Thomas 3. Reed
addressed an audience of enthusiastic
Republicans tonight at the armory of the
First Infantry, !. n. G. The armory was
packed full. about 1000 people being pres
ent. The Hamilton Club. under whose
auspices the meeting was held, had ar
ranged for an overflow meeting on Wa
bash avenue, about three squares from the
armory, and the hall was also filed.
Mr.. Reed began by saying that he did
not think he would be able to give the
people of the West much information re-
garding the state of public affairs. "Y our
present knowledge" he said. 'has come
to you by that want and suffering which
comes in civilized communities when we
are unable to enjoy the blessings TO which
Wa have been accustomed.
Let me give you the consolation that if
that knowledge came to you hard it will
stay With you long. For the last thirty
years Republican orators have been CIV
ing you arguments founded upon wisdom
and franght with the good sense of this
world. Those arguments, sound and solid
as they were, must seem very trivial COM
pared with those which you have been
noting for the last two years. Mans argu-
ments are persuasive: Gods arguments
are convincing. Laughter and applause.
'For thirty years Republican orators
have been telling you that free trade or
even the approach of it in this country
would bring you disaster. For seventy
years before our coming Thomas jefferson
and Andrew jackson always preached the
same doctrine. One would naturally sup-
pose that with such a feast of reason an
intelligent race like our own would be so
sensible as to not put even its nose let
alone its whole body into danger. Never
theless, after 6000 years of Christian
civilization, this people. tie inha abitants of
the most enlightened nation on the face of
the earth, are sitting to-day in sackclo,h
and ashes-coaI ashes. Applause
THAT was an old statement so old that
l am almost ashamed to quote that whom
the gods would destroy they first make
mad Have you ever seen at any time
such madness as has been exhibited bv the
leaders of the Democratic party? TCrIes
of Never, never."l At the time when this
country had been suffering from two years
of st1gnation, think OF these men, ins tead
of standing aghast at the rain they had
wrought, standing up in their places and
declaring that what they had done was
but the vantage ground for further attack.
Think of the chairman of the WAYS aud
Means Committee crossing the ocean TO
tell the British that the battle had but
begun. Just imagine for a moment the
feelings of the honest Democrats.
Protection" said Mr.. Reed, sis not an
attempt to tax the many for the benefit of
the few. 1t is an attempt to get all the
profit we can out of the business and out
of the gifts of God in this country. More
things than business have changed. The
markets Of the world have changed. The
latest news from the United States treas
ury shows that from September to Octo.
Der Is receipts have been $685. 25O,0O and
exrenditures S52,000,000. leaving deficit
OF $lS 100000, and yet these men in charge
of this great Government imagine that the
taxation which they say belongs in the
customs receipts for revenue only laugh
ter. would bring them enough TO support
the wants of the Government. Instead OF
that the deficit is S403. 900 every day of the
week. II that continued twelve month:
the deficit would be $147,0 600. Even wit,
the fnll extra sugar duty the deficit stand!
at 500. 100000. Why. we are not buyinl
cur goods. let alone goods from foreign
countries. Laughter and applause.l
Our markets have grown smaller anC
smaller. Up to the year 1892 our marke
was the greatest marke: in the world. ID,
you know what made it the greatest mar
ket? What makes a great market,
What is a great market? 1t is a place
where people have money TO spend. lad
plause.l When we left off having none,
TO spend in just that proportion we left of
being market. The market is only an
| other name for the purchasing power, anC
the purchasing power is 10 a nation tht
same as what we boys used TO call suction
is to pump. Cheapness without cen
of money in your pocket to buy with il
bitterness to the soul. You know il now
"How unconvincing would the Demo
| cratic orator of two years ago be if b,
were to take his place here tonight
Don't you remember how he talked abou
plate and the workingman's dinner
pail that was full then and is PITY now
1t will be long year before the working
man is again fooled by that empty dinner
pail" [Applause.
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