The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1894-07-09

lieve the law is wrong come with us and we
| will all repeal the law. daughter and APP
! plause) I care not whether you be repub-
| lican. democrat populist if you believe
| the law is wrong come, let all get on the
| same safe platform Of the democratic party
and we will make one strong pull for cor
rection of the evils that exist. Come, let
| us get in the same boat"
| Voice: but your boat Is too rotten"
! Major Bacon: Lets get together and
make it stronger since you agree as to
principle" Qeenewed laughter)
| Voice: 1.-THE bottom has dropped out OF
| the boat"
Major Bacon: 'But since you don't deny
| that the principle Of the democratic party
| is right come with and let's put new
| plank in the boat, brother"
| Amid a roar of laughter and applause the
| voice subsidized
| The Cost of Living.
| Major Bacon proceeded
| what the increased cost OF living
| after the Mckinley bill was pushed through
| the congress of the United States? FROM
| the statistics of the republicans themselves
| it is found that the cost of living was IN
| creased in the United States to $dS5,OOO,O0O
| eff 1 am wrong in this calculation, live
| in this state and intend to remain In 1t,
| and my opponents will have due chance to
| correct the two or three hundred
| stumns that L intend to speak from during
| the campaign.
| Nov, the tariff bill that is being put
| through congress now is not all L would
| have it myself, but it is a step IN the risht
| direction, and l am in favor CI gong thdt
| way. If we can't go quite as fast as L
| would like to go 1 am in favor OF going
| slow. Surely 1 not in favor OF gong
| the other way of going in no direction,
but standing STILL Whatever there may or
| may not be in that tariff bill, one thing is
| certain, there will go with 1t a tax on IN
] comes.' Great applause)
| Amid the applause there were many IN
| terruptons, which Major Bacon threw ASIDE
| by saying: Il am telling the truth, ana
| am right and will not be driven from my
| opinion of what is right or wrong by demo-
Gratis, republicans or whatnots."
| IL am not in favor of a state income tax,
| he continued, for the reason that the in
| dvidua1 is already taxed for his property.
| His income in this state is already taxed.
| But as to the national tax, favor it, for; 1t
| is the only way to get q lot OF prop"yEy
| that escapes taXaton. ~
Loyal to the Party. =
| ''There are those who will say the d1Eo-
| cratic party has done nothing for the c1fn-
| try, nothing for the relief of the peopfAIt
| is mistake. The party has been at i,rk
| in the fright direction on many measuNs,
| and while it has not done all L wanted B TO
| do, all think it ought to do, L want tCHhy
| that if the democratic party, through It's
| chosen leaders, had done nothing at all for
| the country, if it had done nothing waved
| it to do and all that didn't want it tGHAo,
| l would still be for it now and forever Tor
! the glorious princnes for which It cries INT
to the republic" Great appause)
| The Financial Question.
| The greatest excitement Of the speaking
| was caused by the announcement OF Mayor
| Bacon's position the financial questlol..
| He did not mince matters at all on tiis
| score. He spoke plainly and to the point
| He had, after arriving at Canton, written
| down what he had to say on TINS llne' fno
| asked his audience to bear with him Wh1le
he read the few parag graphs OF ms speech
| which bore this intricate ana all-lmpor-
| tant ISSUE He said he did this with a view
| of not being misQuoted or misunderstood
| by any one He wanted to plant hlnseI
| firmly and squarely this issue ana ne
| wanted the people of Georgia to know ex-
| actlv his stand. Therefore, he read his
| ideas as to the money question, ana those
| views, as read. were as follows:
| 81 am free to say that While no MN
| estimates more highly than l do the ~
| portance of the tariff question, think f,'e
| financial question of today in no degree
| second to it in Importance. L 90 NOT thlanjt
| it the part of craftsmanship to lghorel,
| or to depreciate its Importance tAppdu4 y
| The tariff question and the financial qES !.
| ton are the two important matters "a
| fecting today the welfare AID happiness. OF
| the American people 1t is gross wrong
| by means of the protective tariff to take
| from one man a part of his means without
| consideration and give it to anotner man man
| for his own private benefit. 1t is wrong
| none the less gross, by any species OF leg
| islation, to make the money IN Whlch
| a. man must pay his debt worth Twice DIS
| much as that same money was worth when
| the debt was contracted. Whenever TINS
| is done the creditor gets practlcaily Twice
| as much as his contract intended he should
| receive, and tie debtor pays twice as
| much as it was understood he would nave
| to paw This is Il most serious question TO
| the south because it is debtor section.
| The effect is to practically double the dept
| without increasing the CONSIDERATION Tor
| which the debt contracted. When TINS
| is done one-half of what is taken from
| the debtor is .wrongfully taken, and when
| from a debtor section twice as much as
i due is thus exacted, bankruptcy and
| impoverishment must follow. rms Is what
| has occurred with US AS the value OF
| money by contraction and by the demonell-
cation of silver has gone up, the market
| price of property has gone down III the
same proportion. The man VINO contracted
| Indebtedness within the safe limit OF one,
| half the value of his property has 1ound
| that property to shrink in market value
| until the amount of that debt exceeds the
| value of that property and he has become
| insolvent without neglect or fault on ms
| part Under such conditions IL IS llnPosoi-
| HE for any business to have any reaS0na-
| BILE prosperity, and adversely ana rum must
overtake Il large portion OF all enterprises.
| In consequence, business enterprises when
| would otherwise have been prosperous have
| failed, honorable and capable ana hdus-
| trOuS merchants have become pfanKlupl,
| fortunes have melted away, homes have
| been broken up and honest men have be-
| come idle for lack of work.
| as this an overdraWn picture? Let those
| shut their eyes to it who will, but the truth
Of If is attested by the experience of every
| community in Georgia. L think they make
| a great mistake who say that in the imam
| cial status everything is all right, and that
nothing more is to be done. The people
know that great evils do exist, and they
can have no confidence in the correction
of such evils by those who deny their eN-
istence The physician cannot be relied
upon to heal disease when he denies that
his patient is sick. The pilot who declares
that the way is all clear and safe cannot
be trusted to save the ship from the rock
that lies in the midst of the channel There
fore | say that the true course for the
| democratic party is to say and cry alou1
| that the evils do exist, and that the party
| intends to correct them, and will correct
them And l say further in the utmost
| earnestnesS that these evils brought
llpon the country by the republican party
ard not by the democratic party, and that
the democratic party will correct them.
t'There was never a thought of the de-
uonetization of silver until the republican
party in 1878, then in control of all three
| dcpartments of the government, without
warning to the people, struck the silver
coin from the money of the country, al
though silver was then actually at pre-