The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1894-10-12

eminent OF the United States. Is q treaty with
the Sandwich islands more sacred than the OBJ
LEGATION OF the government to its own people!
iCries Of MOI No. forever no. Every treaty
obligation should be sacred, and every law up
on which the people Of this country have relied
upon and which they have invested
their capital upon the faith of the gov
eminent should be Just as sa-
cred as the most solemn treaty ever
made with any other nation of the world. IAp-
plause. But. my fellow-eitizens. they say
that when Mr.. Cleveland went out Of office the
first time he left an enormous surplus and
that when he came back into power again he
found that surplus all squandered. Let me
give you. Just in passing moment. a few facts
touching this much talked of surplus. When
Mr. Arthur took the oath OF Office as president
he had in round numbers sl7OO10.OoO in the
treasury, and when Mr. Cleveland was inaugu-
rated the first time he had s159, 100000 in the
treasury. When Mr.. Harrison was inaugu-
rated at the close Of Mr. Clevelands first
term there were s1s3.0O0O0 in the treasury.
which had been left there by Mr.. Cleveland's
administration, and when Mr.. Cleveland enter
ed upon his second term he found a surplus of
but sl24.OOO00. Mr.. Harrison got s3.O00, 900
Mr.. Cleveland. on his second term. got Si24.-
e1,Oo- There is difference of about $50 o00,-
OS President HarriSOn's administration had
si9O90,O00 more than President Cleveand's to
start with on the 4th OF March. 1898: but the
reason for this-and l submit TO you whether il
Is not good reason-was that President Har-
rison. with due regard for his public obliga-
lions and with due regard to the great national
debt that was hanging over the country. paid
a large portion Of this surplus in the cancella-
ton OF the public debt of the government. Let
me give you the figures. Mr.. Harrison reduced
our public debt during his four years sob SIS
O00 Mr.. Cleveland during his first term re-
duced the public debt SI43G)O.O)o. or ss0Oj0.O00
1saGg
ministration, in discharge OF the public debt.
Now if Mr.. Harrison had paid no more CT the
public debt than Mr.. Cleveland paid OF the
public debt then, when Mr.. Harrison went out
Of office and Mr.. Cleveland came in for the Sec
ond time. there would have been a surplus in
the treasury of S314OO0O0J instead of SPA 0O0.-
90 and more by s2uO,O000oO than Mr.. Cleve-
land left when he went out of Office Zap
plausel Now wasn't that good businesss Isn't
that what the private citizen does when he has
got surplus, He pays his debts and stops
the interest. Mr.. Cleveland did not paw any
OF the bonded debt until he was forced to by a
resolution Of congress. [Applause.1 And he
preferred to hoard the money-not in the treas
ury altogether. but in pet banks-rather than
TO pay of the bonds Of the government of the
United States. That is history. But we are
not half so much interested. my fellow-citi-
zens, about what was in the treasury
I'VE years ago or six years ago
or twelve years ago. We are interested
in the condition of the treasury now. That is
the center Of the deepest concern That is
what is troubling US to-day. The 500 0O0, 900 Of
gold reserve that has never been trenched
upon from the time that John Sherman estab-
lished it down to the incoming OF the present
administration has been reduced nearly $50
000,000. and in addition to that. We have had to
borrow 5O-co0000 more to keep the government
running. There never was an hour from 1865
down to 1929 never an hour under republican
control. that we did not collect enough reve-
uues to pay the current expenses of the gov
eminent. Applause.l We are in the same
condition now that we were before the war.
Falling revenues. increasing expenditures. de-
icits. and loans-that was the inheritance We
got from the last democratic administration
before the war, and it is the first thing we got
under the first administration since the war.
That is democratic. TApplause.1
History Is repeating itself Why. we have not
had to borrow any money for twenty years to
run this government All. but" they say,
you left the treasury bankrupt" Why we
left 1924 1000 in it. All. but. they say. your
tariff law didn't collect enough revenue" For
two years and half it was in operation. and
every day down to the election of 1s9a. every
day of those two years and half the tariff law
of 1890 collected ample money to pay every debt
of the government. [Applause-l And revenues
did not commence to fail until democratic VIC
tories were had, Laughter
NV fellow-citiZens, our present eubarrass-
meut did not come from too much money or too
little money. nor from the character of the
money We have got. Our trouble Is to get the
money we have got in this country in circula-
ton. Every dollar we have got is good. whether
greenback or the national bank note, or the
treasury note. or the silver certificate. or the
gold certificate. or gold or silver Our trouble
is to get that money out AMONG the people.
lCries Of That's right
A Remarkable Party.
The democratic party is the most remark
able party in history. 1t is for anything to get
power. and then it is never for anything when
in power Laughter and applause.l
1t was for free silver in 1892, and the demo-
cratic party when it had control of the lower
house. and hadn't control of anything else. and
couldn't pass law, used to go through the
performance of passing through the house a
free coinage bill Laughter But when they
got the power in their branch OF the federal
government they had no use for silver at all
Laughter and applause
And they gave it the worst blow it ever had.
It was for free raw material when it was seek
when it possessed the power to give
the country free raw material they
couldn't agree. and the only
thing they could make free was wool Laugh
ter They posed as the only friends OF labor
in 1892. Well they said that the only true
friend labor ever had was the democratic par
". Laughter And that protection was for
the monopolists, and that labor did not get any
part of it. There is no school like experience.
And for eighteen months we have been acquir-
ing education. Laughter. True. il has been
education but its lessons have
been practicable and profitable, and 1 believe
permanent Laughter and applause And
hearing these frequent responses as have to-
night have almost reached the conclusion
that after all that form Of education which is
most effective and enduring is experience.
Laughter aud applause We sometimes think
We would like TO have a thing until we've tried
it. and after trying it We find we never wanted
IL TLaughterl That seems to be our Situa-
ton to-day.
What Could You Expects
But what could you have expected from an
and congress elected rs this
one was elected? Free silver men voted for
Mr.. Cleveland and men who did not believe in
anv silver at all voted for him Laughter
The men who are deaOmiuated sometimes the
rold-bugs Of Wall street voted for him: the
widest inhationist voted for him: the state
bank money meu-the wildcat money advo-
cate-voted for him. and the people who were
utterly opposed TO any kind Of money except
sucn as we're issued bv the government voted
for him ILaghter-1 The single tax man voted
for him. and people who diStrusted all such
va-arisS voted for him The democratic pro-
tectionist voted for him. and the demo- (
GRAFT who believed protection was q
fraud and a robbery voted for him LAp-
plause and laughter. The democratic pro-
tectiOuistS who believed his party would not l
destroy the Industries OF the country voted I
for him. and the democrats who believed that (
the custom houses Of the country should be 4
turned down voted for him Laughter The 4
peasiOner voted for him Laughter !
and applausel: and those who did not believe (
very much in pensions voted for him Every /
variety on every subject voted for him. and 1
nv felIow-citizenS, everybody who was dis
satisfied voted for him laughter. and every
BODY who voted for him has been dissatisfied 1