Pawtucket tribune. (Pawtucket, R.I.) 1890-189?, 1895-04-10
ARGUMENT BYM'KINLEY
In Behalf of the Party With Which
He Is Affiliated.
Sees Nothing to Praise In the
Wilson Bill.
Depleted Treasury Due 10 Lack Of Confidence
! In Democrats Financial Policy

HARTFORD, ApS,r, Io.-the banquet ten
dered Governor Mckinley of Ohio, by tn
Mckinley club of this city last evening
was o brilliant affair. Many of the state
most prominent men were present. The
governor spent half an hour in shaking
hands with the guests, and at o'clock
b00 persons sat down to the tables. John
Addison Porter presided and introduced
the speakers, who were Senators Hawley
and Platt Lieutenant Governor Cooke
Congressman Henry, Congressman
Buck, Speaker Fessenden, Mayor Brain
ard. Governor Coffin introduced Gov.
ernor Mckinley, who spoke for nearly two
hours on political and governmental ques-
tions. He was frequently interrupted by
applause. and was given an enthusiastic
ovation at the close.
Governor Mckinley began with a trib-
ute to the New England town meeting
principle Of solf-government and its re-
suits in the country's history, and from a
few words on the constitution Of the
United States, passed to discussion Of
politics The Republican party, he said.
invites the fullest discussion of its princi-
pies and shirks no responsibility.
"Our foreign policy" he said, "for the
fallen short Of the lofty standard of
century ago, and of moro recent times as
we'll. While in our domestic situation
there is no cause for congratulation, this
is not the time to indulge in terms Of dis
trust or aggravation."
q "Wise Policy Reversed"
Passing to the tariff, he declared the
Wilson bill had reversed the wise revenue
policy of the government since its founda-
tion, so that today more money is COL
lected from internal taxes than customs
duties, the figures of Secretary Carlisle
few weeks ago showing that in 1894 the
government received &l55, 900, 600 from in.
ternal taxes and $751; 900, 600 from customs
duties. laying the burden more directly on
the people than at any time for 80 years.
'Tho present administration has trans
ferred the burden 0f tax from imported
goods Of foreign countries to the incomes
the investments and the property of our
own people In less than two years, the
government has been compelled to borrow
sl63, 600 900. The lack of confidence In the
financial policy Of the government is- 40
there made more manif.-is .ss than in the
~dsAins sn.- ..-n nave been made upon the
treasury for the redemption of the green
backs. President Harrison paid of $685.
600, 600 of tho public debt, and turned over
to Mr.. Cleveland's administration sl24,.
OOO 600 surplus. The peoples distrust was
produced by the falling off in the rev.
enues"
Governor Mckinley severely criticised
the government bond contract made in
secret with the financiers of Europe, which
he termed the elimination Of the hard.
bargain business that began in November,
1892
Regarding Tariff Agitation
the speaker said: "There are those who
say there must be no further agitation of
the tariff and no attempt to change the
tariff, but that we must rest our mighty
enterprises and vast business enterprises
upon the tariff legislation OF the last con-
gress and adjust them to it. however diff.
cult that may be. That is what we are
trying TO do, and will do, as best we can.
because we cannot for the next two years
do otherwise. But 1t Is no permanent
settlement Of the ISSUE only an enforced
and impatient pause.
''No Democrat is satisfied with the law"
he said, "and the party is now seeking
other issues to regain lost ground. They
now promise to do for silver what they
failed to do in 1892. The Republican party
must restore the happy homes of 1892, and
by the principle of protection, which
would restore confidence at home and
credit abroad"
After calling attention to the strange
spectacle Of the greatest government of the
world without sufficient money from its
own receipts to meet its ordinary daily ex-
penses, Governor Mckinley said that the
way to stop loans was to stop deficiencies
both of which seem inseparable from the
Democratic party. He closed with these
words:
IL tear the hazard Washington depre-
Gated a century ago Is still great; and
that even now, in the blaze of our marvel.
GUS educational progress, there are those
Of our countrymen, who, failing to ap-
preciate our own institutions, are too
Strongly prepossessed In favor Of other
present systems, and have not escaped the
danger Of contracting principles unfavor.
able to republican government Is not
the present the auspicious moment for re-
viving true national sgiriti Not only in
education, but in our entire governmental
policyf"