Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-09-08
CRISP AND SMITH
-
The Georgia Statesmen on
the Stump.
The WORK OF CONGRESS
The Theme for the Speaker Of
the House.
Smith TALKS ABOUT SILVER.


Atlanta. Ga, Sept ia mass meet
ing OF Democrats was held here Tits
evening The principal features were
the speeches 81 speaker CRISP. review
ing the work Of congress and " Score
tary lioko Smith against the free coin
age OF silver speaker Crisp declared
his personal preference for the free
coinage OF silver Much enthusiasm
was displayed speaker Crisp spoke aa
follows;
when the Fifty-thrd congress- met
In August Of last year Il WAS CON
fron,cd with difficulties which seemed
almost insurmoun,able Trade was
patalyzed manufacturing had almost
ceased. labor was idle, our banking
Institutions were failing and confidence,
lie and soul Of commerce was literally
destroyed As far ua this deplorahlc
condition was attributed tn legislation,
the Republican party was responsible
for more than thirty years that party
had made our financial and economic
laws. Until the meeting NJ the Fifty-
third congress. tho Democracy was
v,,,ho,,, no,yer Thc conditions which
confronted us while not wholly. was
very largely due To cyu lcglelation, In
1873 the free coiunge OF silver had been
discontinued and gold became the
standard Of value. In 1873 partial
coinage was resumed In 1880 this law
was repehled ana H"uh 'h'reut"'r
coinage ot SILVER p'"u'l'''s 'N'T'u'
I These acts of the Republican party re
/ suited In 40 lossening the volume or
| nnney Of nnnl REDEMPTION as TO de-
$780,. 49, nr,e, of an commodities
Wv ~ ,.,..,,.
increase tne ""''r'." VI ~
and Impair the confidence OF me p'oplV
In the power OF the government aud OF
hanitinp institutions 10 redeem their
',,,.,a,,',,,,,, oIitcnt,ons law ana a
""'7t"""''h
| practice whloh hloNH ei''4'n ~ PaN
| his obligations to the government III
| silver and at the Same time permits
MIN u, demand Of IN, government gold
A. ,.,,.,,,,,,,,,,, a, ne ,iiisott,ps Il, p,nnt-
" ~, .,.,,,., 49,, A.,
lrNtS uhteh3ph"N'' wv" "''I"H' ~" ~
/ the nature OF the case must impair
confidence and tend to produce panic,
~, ,.,o ,,at.
hhd peeh puhu'nb ny "'l" ""''n
around the country and In 1880 passed
,vhat tbcv termed a perfcct protective
80, .,..,t,... ,,,tf, ,.,..,rlc,.
'"' T." ~"
trade ana commerce. II plhlH th' H'"'
lset IN which we must buy and de-
nr.ssca the market In which we must
,.,.. 49,,
sell II is tax upon ior''bh P''.
duct which the consumer here must
pny. by taxing his foreign competitor
you enable the domestic manufacturer
10 Increase the price ~ his wares 70
the extent OF the tax ana ms, TOO me
consumer here must pay lhen you
buy foreign goods and pay the duty.
u goes into tho Treasury and " called
tax" when you buy the domestic
produce and pay the Increased price u
goes into the pocket OF the American
manufacturer and " called proiec'
ton" The location OF the manufacipfy
determines the name. but the rate OF
the duty determines the price Under
such a tariff you must buy IN market
where competition Is destroyed ana
where scarcity " created by law you
must sell at prices flxed In market
where free trade ana the law OF Supply
and demand prevails. Trade ana com
merce il the exchange " commodities
A protective tarin prevents US from
exchanging our surplus Of cotton, corn
wheat and other farm products Tor
the surplus of manufactured goods
abroad. We freely export our product
but that for which we exchange II ~
10 heavily taxed as to make the eN'
change Improbable Commerce ceases
when the gnin is gone, one cannot buy
unless Ne can sell. nor can he sell nm
less he can buy. Commerce and agri'
culture go hand IN handi when one
ceases the othor languishes. The law