Pine Bluff daily graphic., 1895-06-02
CARLISLE 5 APPEAL To tho Sober Second Thought
 of the People ON THE QUESTION OF CURRENCY. A Mastsrly Presentation of the Issue
 of the Hour. SAFE MONEY OUR SALVATION. Ruin Sure to Follsw in the Wake of
 Free Coinage. zAs Warmer and. Laborsr. Would Ne the Eirst and Worst Sufferers From
4 Mastsrly Presentation of tue Issue
 of the Hour.
SAFE MONEY OUR SALVATION.
Ruin Sure to Follsw fin the Wake of
 Free Coinage.
TAs Warmer and. Laborsr. Would Ne the
 aDsbased Currency.

Covington, Ky, May 21.-~The Hon. John c, Carlisle, secretary of tho treas. ury. spoke At Central Garden here lass night to an audience of more than three thousand people who were packed lttar- ally like sardines into space much too email to accommodate that number. Thoussnds who sought to hear ths dis- tinguishod speaker were turned from the doors.
 The ovation given MT. Carlisle as unparalleled in the history of this states aiven as 1t Is to enthusiasm for its great men. His appearance st the garden waa greeted with resounding roar and din which swelled and grew as it heightened int0 minutes. At intervals in his ad. dreas, the cheering waa renewed and at its close 10 was voeiferous. tumultuouRs overwhelming.
 Mir. Carlisle's speech was--as iollowss
 BY WAY OF INTRODUCTION,
 Ut may not add to the force Of my ar gnments or the weight of my advice to assure you that am not. .and do not expect to become candidate for any office in the gift of the people ot thelR representatives, and thnt GO not aD. pear in the state In the interest of any candidate My interest Tn the solution of the questions now pending is precisely ths same as that of any other sAmerican citizen who desires to see his country prosperous and happy, and while my vtews as to the policy which will most certainly produce these results may be entirely erroneous. they are honestly olae tsrtained,and will be Frankly stated. It can mako no difference to--me. personally or politically, whether they are popular or unpopular, here or elsewhere. ai- though 1t is alw avs .moFe agreeable te be in accord with the prevailing public sentiment than to be in opposition t0 It. My respect, however. for -tho intelli- genee and patriotism of the American people eonstrains me to believe that. no matter what their preeonceived.opi may be upon any question. they will not refuse to give 1t full and fair inyestiga. ton or fail to reach q just conclusion when both sides have been heard. There fore, hali speak to you this evening with full confidence that whatever may \ to be discussed. you rrs willing to re- examine the grounds upon which they have been formed and change them H they are found to be erroneous.
 no MUCH PASSION AND PREGUDIca.
 "There has never been time since the close of the civil war and the settlement of the questions growing out of It when passion and prejudice exevted such a powerful influence in controlling the Re~ ton of the people upon political and economic questions as they have during the last two years. A great wave of de- pression has swept over the whole in. dustriai commercial and financial oTld, moro injurious in it's effects in some places than in others. but en ntalling great loss and distress nearly every where. It did not begin twenty years ago, as some of our friends are in the habit Of assert. ing, but less than Eve years ago. Its first serious effects were felt in Argen. tina, where the people and the govern mcnt, notwithstanding the warnings Of experience in all ages determined to trg again the experiment. of cheap and in. Hated currency. It failed, of course, as 1t always has and always will wherever tried, and its failure. by reason of the extensive commercial and financial con- 1eetions between that country and Eng hsh capitalists, produced a crisis which seriously lnyolyed meny of the great financial institutions In Europe and had depressing influence in all the money markets of other countries, for, fin these days of rapid eommuniea ton and close commercial relations. an in- jury to credit in any part of the globe is Immediately felt all around the world. Foreign holders of our securities. in or der to procure means to meet their obii- nations at home and In Argentina. sent them here in large amounts for redemp D. sion or sale, and. consequently, the feel ing of apprehension .end uncertainty which already existed to considerable extent was intensified in a's the great centers of trade and finance. But, if our own domestic affairs had been wise ly and economically conducted, our peo- ple would have soon recovered from the effects of .this foreign disturbance. We possessed all the essential elements of prosperity. except a sound sand reliable financial system, and that we might have secured within ea reasonable time, or at least we might have greatly im- proved our condition in this respect if political or party considerations had not Influenced our legislation. It true that cur revenue laws were not in a satisfactory condition, but they had been in force longtime and the Epsople had been compelled to adjust their business to them, and, after the election Of Prssi- dent Harrison, did nos expect any bene- ncial change until another administra. tion should come in.
 WHAT MR. CLEVELAND LEFT.
 When Mr. Clevsland's . dEst admiaistsa-