Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1894-10-17

part of our people have thought it a |
patriotic duty to abuse her for taking
all these things from us. l say, for
years past she has bought from US two
or three hundred millions more than
we have bought from her. Has she
paid us in money? The most surpris-
ing thing about England, as | walked
down by the Bank of England and
those other banking institutions which
have branches in South America,
India, Australia. Africa and Canada,
the most surprising thing to NE, | say,
was that the entire money of England
is but little more than seven hum
dred millions of dollars in our currency.
If England undertook to pay us for
what she buys we would have the
this side of the Atlantic She ex-
changes, as far as possible, her prod
ucts for our products, her n-plate and
manufactured goods for our wheat.
corn and other food products, and as
we buy coffee from Brazil, we pay her
by orders on England; as we buy from
other countries, tea, spices and silks
from China and India, We settle for
them by drafts on the surplus which
England owes u.s. If, therefore, we
wish lower markets, we must accept
and seek larger markets, we must ac
cept and seek larger impOrtations to
pay for what we send out Why, lei
low citiZens, suppose that instead of in
the year 1894 wUo lad been put upon
the free list ten or twenty years ago,
the people of the Argentine confedera
fion would not be to-day pressing you
so strong in the wheat market of Eng
land; would they not be sending us the
Il, IL,
and receiving from us in exchange for
that wool such products as we make
and they need Because we taxed
their wool at least so and more than 80
per cent, because we shut her out of
these markets, because we prefer to
make our people pay double price for
their necessary woulen cloth, so that
they must dress in shoddy. we have
driven her from being a good customer
of ours to be Il dangerous competitor.
RESPONSIBILITY FOR HARD TIMES.
the party in power by the actual pros
perity of the people. know that there
have been for the last year or more
hard times in this CONTEMPORARIES
shut down, business uncertainty. labor
out of employment, steady dininution
in the prices OF staple products pro-
duced by the people of this country,
and | know that there is a disposition
on the part of the people to lay it to
the party in power and say that you
must bring better times. Every party
is always injured by hard times, but it
is only just to charge hard times to the
party that is in crontrol Of. the govern
ment for so long time that it may be
responsible for setting in motion the
causes that produce hard times.
When Mr.. Cleveland took the chair
in March, 1898, the sky was all darkened
and the sea was all rOughening to the
coming of the financial panic. Neither
he nor his party was responsible for its
coming, and he and his party have
done all that they could TO temper it to
the American people. Applause. II
When you are stricken with disease do
you demand of the doctor that on his
first visit he shall restore you to health?
to perform miracles not within the
power of human invention to perform?
Neither the democratic party nor any
other party taking control of the gov
eminent when the panic had already
begun could do more than try to allie
viate the effects of that stringency and
start the country on the way to in
dustry and prosperity. From our ad
vent into power we began to lessen the
amount we would have to pay for the
support of the government, and from
that day we began our sincere and
honest effort to release the people from
the burden of taxation.