The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1894-11-01
Smith and PENNEWILL
Enthusiastic Meeting of Republicans
at the Auditorium.
CONPLBTR ANSWER TO MIR. BAYARD
The Ex-Minister to Russia Discusses the
Causes of the Panic and Industrial 4
Depression-Professor Wilson and
His Speech In London.


under the auspices of the Y. NJ. H. @. at
the Auditorium last night was a great
affair. The house was not crowded as on
other occasions, but 1t was a marvelously
attentive audience.
The house was beautifully decorated and
was ablaze with color and light, pictures
hung along both sides of the long room
alternating with festoons of trl-colored
bunting The stage was beautiful. There
were flags and flowers everywhere. The
portraits Of Marvil and Willis and Nc
kinley adorned the front of the platform.
The members of the Y. NJ. r. G. were
seated on the platform. President Church
man, Of the club presided and introduced
the speakers. His introduction of Charles
Emory Smith was an eloquent tribute to
~ that gentleman, and was greeted by rounds
OF enthusiastic applause.
Mr. Smith was greeted by prolonged ap-
plause.. He began by a reference to the con-
dition Of the country and the change that
had come over 1t since the last days of Oc-
tober. 1892, when in a spasm of mad folly
the people had voted for change
They have had the change, said the
xpeaker. and want no more of 1t. (Ap-
plause.)
lie had been requested by Democrat to
my hOIittnllB III reply 10 bdydTu
speech at the Opera House In this city.
He said that while in London he had be-
rome well assured of the high place which
he held in the esteem Of the British people,
and he had no doubt that Mr.. Bayard held
that people In like high esteem. (AppIause)
Resumlng his speech the speaker said
ahat this country is suffering from two
Hhings-a financial panic and an Industrial
depression, Mr.. Bayard says these things
are due to the Sherman Silver Purchasing
act, and to the Mckinley tariff act. But he
had been living for two years under the
Sherman law without any disastrous conse-
quences He was willing that the Sher-
man law administered by Democratic
President and Secretary of the Treasury
may have caused a part of the financial
trouble He was there to declare. however,
xhat no difficulty would have resulted from
this law under President Harrisons s admin
astration, because he had said, and the peo-
pie believed him that every dollar of the
national currency should be equal to every
other dollar let 1t cost what 1t would ZAP
plause.) Tho alarm began when Secretary
Carlisle, who had repeated the promise
shade by President Harrison to keep the
national credit unimpaired ,lntimated that 1t
would become necessary to redeem some of
fhe gold obligations Of the country with sill
yer. At that moment the shrnkage of val
mes which caused the panic, began. 1t was
not because Of the right application Of the
Eberman Silver law, but because of its NAL
administration by Democratic President
and Secretary of the Treasury. The passage
of that law is not to the discredit of the Re-
pnblicans, nor Is its repeal any thing to the
credit Of the Democrats. The repeal was
made possible by Republican votes in Con-
gress. The Republicans were willing to aid
an the epeal OF the purchase clause of that
Rct because they were unwilling to trust its
administration to the Democrats. ZAP
plause.) Mr.. Bayard had also said that the
Republicans rushed a free silver bill
through the House of Representatives
under Mr., Reeds administration There was
no silver bill passed under Mr.. Reed, Such
d bill was offered, and 116 Democrats voted
for it and Il voted against 1t; 131 Republi-
cans voted against 1t and Is voted for it.
hpplause.l That Is the way the Republi-
cans rushed 4 free coinage bill through the
House Of Representatives. tApplause.) The
speaker said that he did not presume
Ahst Mr.. Bayard would misstate fact
oi history naughter.j He had simply for
gotten the facts, CLaughterJ
In another part of MIR. Bayarfi's speech he
eays that the Mckinley tariff act was de-
Higned to cut on all our foreign trade, and
with the passage OF the Wilson bill the
manufacturer Will find that he has some
hing more to supply than the home market.
ILaughter)
, This act is simply an expression of the
policy Of blunder which has followed the
Democratic policy and found its
illumination in the passage of
the Wilson BILL the first rati-
hcation OF which was not in Wilmington,
Philadelphia or Chicago, but in London,
England, with Professor William L. Wilson
rs the chief speaker. AS soon as Mr.. Wilson
arrived In London he was proffered ban
puet as a testimonial of his services to
Great Britain. tAppause.) Tom Reed was
in England last summer. Did they banquet
him? No. Whyf Simply because the acts
which had made Mr.. Reed and Mr.. Whit
ney honored and honorable among men, were
acts for the benefit of their own country.
while MIR. Wilson's fame was attained In the
Eerviee OF Great Britain. tAppause.)
Perhaps there are people here who are
familiar with and recognize the London
Times-the thuuderer. II does thunder
come times-it thundercd when 1t published
Wilson's speech and the echoes Of that thun-
der are reyerberating over the hills and
plains, the mountains and Yallies of this
continent. II Mr.. Wilson will put his ca to
the ground he will heaI 1t 10 mournful
tones to his ears, III the Words Of good old
DR.. Watts.
SJark from the tombs dUlcful sound
Ye men attend the cry.
| Billy Wilson, come view the gtound
| Where you must shortly lis."
CWild applause)
| The speaker said he had brought a COPY
bf the London Times, and the text of MIR.
Wilson's speech, with him SO tha, he could
not be charged with garbling this care
fully written speech. Here is what MI. Will
son says Of his own work. we have been
tearing down the fences which the pro-
tectionsts hays put up to keep Great
Britain out OF American" There Is the
whole case stated by Professor Wilson to his
British friends.
Mr. Smith commented further on Mr..
Wilson and his bill. He referred to
ABlaine and reciprocity and the great in
trcase of wealth under Republican protec-
tion. Mr.. Smith said that the crime of
the Wilson bill Is not that II stabs to the
1eath homs trade but that It oyerthrows
oreign commerce. But Americas time
has come. This is a Republican year. Two
years ago the people lost their reason.
The people have returned to their senses.
Hear the coming OF the awakened peo-
Pile. The patriots are saying to the dema-
sngues. take care now OF the people will
rend you to pieces. (Great spplause)
James PenneEiil OF Dover was intro
dueed and spoke briefly and forcIbly on
state issues Mr.. rennewill urged his
hearers to vote for a constitutional con-
sention. He said this idea was born of
Republican parentage and IL It ever grew
to sturdy manhood 1t must be by the nur-
kure Of that party He spoke IN sharp
criticism of the action OF the Democrats
In Kent county, who are trying to strike
ahe names OF many Republicans from the
r,gistratlon lists. He referred to Mr.. Day
nIfnrence to the sanitary influence
,lkets. He said this is like
think about and say some