The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-09-08
DEMOCRACY'S STARS.
Speeches by Speaker Crisp and SeC-
TotaTy Smith at Atlanta.


Condition and the Work of Con-
gress-More Work Accomplished by
the Fifty-third Congress Than by
Any Other Congress at Any Time.
Secretary Smiths Address.
Atlanta, Ca, Sept. Speaker Crisp
and Secretary Hoke Smith were the star
orators at a democratic mass meeting
held here tonight. This was Judge
Crisp's first speech in the campaign, and
his first public utterance since congress
adjourned. Prominent democrats came
from all over the state to attend the meet
ing The populists are making thorough
canvass of Georgia, and the democrats
are enlisting all their best men in this
campaign.
DeGives' opera house, where the meet
ing was held, was crowded, and $500
people were turned away. Steve Clay,
chairman of the democratic executive com
mittee of Georgia, presided at to-night's
meeting, and introduced the speakers
Great enthusiasm prevailed. Speaker
Crisp was greeted with tremendous APP
plause when he was presented. He said:
When the Fifty-third congress met
in August of last year it was
confronted with difficulties which
seemed almost insurmountable Trade
was paralyzed, manufacturing had almost
ceased, labor was idle, our banking insti-
tutions were failing and confidence, the
life and soul of commerce, was utterly
destroyed. In so far as this deplora BILE
condition was attributable to legislation,
the Republican party was response
Bile. For more than thirty years
that party had made our tinan-
cial and economic laws. Until
the meeting of the Fifty-third congress,
the democracy was without power. The
condition which confronted US, while not
wholly, was very largely due to evil legis-
lation. In 1878 the free coinage of silver
had been discontinued, and gold became
the standard of value. In 1878 partial
coinage was resumed. In 1890 this law
was repealed and soon thereafter coinage
of silver practically ceased. These acts
of the Republican party resulted in so
lessening the volume of money of final re-
demption as to decrease the price Of all
commodities, increase the burden of all
debtors and impair the confidence of the
people in the power of the government and
of banking institutions TO redeem their
outstanding obligations. A law and prac-
tice which allows a citizen to pay his OBJ
legations to the government in silver, and
at the same time permits him to demand
of the government gold in redemption of
its obligation, is manifestly unreasonable
and unjust, and in the nature of the case
must impair confidence and tend to pro
duce panic. For thirty years the repub-
licans had been building up tariff walls
around the country, and in 80 passed
what they termed a perfect protective
tariff law. A protective tariff restricts
trade and commerce, it limits
the market in which we must buv and
depresses the market in which we must
sell. 1t is tax upon foreign product
which the consumer here must pay. BY
taxing his foreign competitor you enable
the domestic manufacturer to increase the
price of his wares to the extent of the
tax, ana this too the consumer here must
pay. When you buy foreign goods and
pay the duty, it goes into the treasury
and is called tax when you buy the
domestic product'and pay the increased
price 1t goes into the pocket of the Amer
lean manufacturer, and is called "Pro-
lection"
THIRTY YEARS OF PROTECTION.
The location of the mandatory deter
determines the price. Under such a tar
if you must buy in a market where COM
petition is destroyed and where scarcity
is created by law. You must sell at
prices fixed in a market where free trade
and the law of supply and demand pre-
walls. Trade and commerce is the eX-
change of commodities. protective
tariff prevents US from exchang-
ing our surplus of cotton, corn,
wheat, meat and other farm pro
ducts for the surplus of manufac-
tured goods abroad. We freely export
our product, but that for which we ex-
change it is so heavily taxed as to make
the exchange Improbable. Commerce
ceases when gain is gone; one cannot buy
unless he can sell, nor can he sell unless
he can buy. Commerce and agriculture
20 hand in hand; when one ceases the
other languishes. The laws which de-
stroy the one make the other Improbable.
Taxed crude materials iniure and depress
manufacturing. j wants the markets of
the world, but under the protective tariff
mas not been able to enter them.
A protective tariff fosters and builds
up trusts and monopOlies. 10 Gre
ates no wealth, it only prevents
It's natural and just distribution Thirty
Years OF such q system did much to pro-
duce the conditions existing when the
t1fty-third congress met. What has that
democratic congress so far done for the
peoplel The first matter considered was
the financial question. What should or
could be done on the silver question We
had pledged ourselves against the make
shift Sherman law, and in favor Of both
gold and silver as the standard money of
the country. BY an agreement arrived at
between democrats, we determined to take
the sense of the House on the free and
unlimited coinage of silver at several
ratios. After full debate a separate vote
was had on each, and on the repeal Of the
purchasing clause of the Sherman act.
ne results you know. While not pro-
iesslng TO understand the question fully
IN all its bearings, / have always been in
lavor Of free coinage of silver am in
iavor of it now / believe the fears Of our
friends who oppose it are largely imagi-
nary and believe the enactment of such
law would afford great relief TO the people
OF the country. So feeling / need not
say that to me personally, the result Of
me vote on free coinage Of silver was a
great disappointment This question is
not settled. With our great struggle for
tdrlh reform you are familiar. Thirty
Years of class legislation had built up In
thls country large trusts. large monopo-
.ies and large combinations OF capital. All
euese interests were arrayed against US,
ha Ton gtf.vaH H.,af 1frh