St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-03-29
M'KIHLEY TALKS TARIFF,
How THE APOSTLE CT PR0TEcTI0s
WOULD DO THINGS.
THE MENACE OF FREE TRADE
He Insists, Was the Cause of the
Financial Depression - Not a
Word About the Empty Treas.
ury the Republicans Left, or
Unsettlin9 OF Confidence by
the Republican Sherman Acttt

ury the Republicans Left, or
Unsettling OF Confidence by
the Republican Sherman Act;
Following is the address made by Cow
Mckinley. at the EXposl ton building,
Minneapolis. last night. reference to
which Is made elsewhere: n
Mr.. President Gentlemen of the Re-.
publican League of Minnesota and Fell
low-Citlzens: Much has happened since
the great Republican national conven.
ton OF 1892 assembled in this hall. The
platform and candidates of that great
convention, admirable as they were,
were rejected by the people at the cleo
ton following; but the people had 10
sooner spoken than they realized their
great mistake-a mistake which they
now feel most sensibly and regret most
deeply. The principles enunciated at
thelr convention were true then; they
are true now. They are as dear to
Republicans now as then; they are bet
ter understood and more ardently sup
ported by the great body of the people
in the year 1894 than they were In the |,
year 1892. While the Republican party !
failed to carry the election, the cause
for which 1t commended did not fail. 1t
survived the awful disaster. aud shines
more brightly and glorlously than ever
before.
The past year has been long one
the longest since the war. 1t has been
full of changes and experiences which
have been impressive and instructive,
but expensive. All kinds OF business
have been seriously disturbed. Invest
InentS have been sacrificed; capital has
been deSpoied of its earnings, and
labor, more than all and dearer to us
than all, has succumbed to the wasting
blasts of the great change by which
INDUSTRY HAS BEEN CHEATED
OF lis just rewards. Everything has suf-
fered but tine Republican cause. Every
thing has been blighted but Republican
principles. They have escaped the
mlldew which has settled upon every.
thing else. Even the Democratic party
has suffered "a calamity we could bear
with resignation, if it had not also car
ried i'll its tram the vast and sacred in
terests of the people.
What were the great principles and
policies then enumerated in this hallp
Let me enumerate them: A protective
tariff which shall serve the highest in
terestS of American LABOR and American
development; reciprocity, which, while
seeking the worlds markets for our
surplus products, shall not destroy
American wages, nor surrender Ameri-
can markets for products which can be
made at home; the use of both gold and
silver with which to measure the ex-
changes OF the people and cheat no.
body; honest elections, which are the
true sources of public authority; the ex-
tension of our foreign commerce; the
restoration of our merchant marine by
bome-buit ships; the creation of a
navy for the protection of our national
interests and the honor of our flag; the
maintenance OF the most friendly rela-
latiOnS with all foreign powers and en- !
tangling relations with none; the re-
affirmation of the Monroe doctrine, and /
of our faith in the achievement of the
manifest destiny of the republic as the
best government Oh earth i'll the brOad9
est and truest sense.
Who would modify these prInciplesx
who would reverse this declared policy;
who would strike from the Republican !
banner a single star or stripe? Like all
Republican doctrines they are un-
changeabe. Upon them the Republican
party bases its claim TO future suprem-
acy sand impatiently awaits the con-
stltutional opportunity to make its
APPEAL TO THE PEOPLE.
The Democratic party won i'll 1892, as
in every contest since the war in which
1t has succeeded, by campaign of pro-
fuse and gllttering promises. 1t now
stands demoralized on the field Of per-
Torrance, and has, SO far. signally
failed to redeem a single pledge it made
to the people. 1t has been for many
years denouncing the tariff, because
some men became rich under its opera
lions and other poor. The first year OF
democratic control has cured all that,
and the prescription has proved quite
as effective on the poor as the rich, for
it has involved them all in common
loss. What devastation and distress
have been wrought i'll single yearl
Let the briefest statement of the bus
mess condition at the close of the year
1892 be contrasted with "a like statement
of that condition at the end of 1898.
The year 1892" says Dun'S Review Of
Trade, the best non-partisan authority,
mas been the most prosperous ever
known in business" This is the BUSH
ness Endorsement OF thirty years OF Re-
publican rule. Now mark the changed
Saws Duu's Review of Trade for 1893.
Starting with the largest trade ever
known. mills crowded with work and
all business stimulated with high hopes,
the year 1898 has proven in sudden
shrinkage of trade, in commercial dis
aster aud the depression of Industries,
the worst for fifty years.
Whether the final results of the panic
of 1887 were relatively more severe. the
scanty records OF that time do not clearly
show. The year closes with prices of
many products the lowest ever known,
with millions OF workers seeking in vain
for work, and with charity laboring to
keep back suffering and starvation in
all our cities. All nope that the new
year may bring brighter days, but the
dying year leaves only a dismal record.
The review of different departments of
trade given today exhibits collapse OF
industry and business which is almost
without precedent. The iron industries
sustained weekly production of 1851
tons of pig May l. but by Oct. the out
put had fallen to rs, S95 tons, and the re-
covery to about 100000 tons Dec. L
still leaves 40 per cent of the
force unemployed. Over half the WOODEN
manufactures are Idle. and, excepting
a brief recovery in November, have
been ever since new wool came in in
May, for all sales in the chief markets
in the eight months have been but 106,
795, 46O pounds, partly for speculation.
the price having fallen 20 per cent for
Gatinusd on Fifth Page.