The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-09-11

etood-for good money, whether gold,
silver or paper, all to be under the ma
tional authority at all times and every
where, and interchangeable, which we
honestly measure the exchanges Of the
people and deceive and cheat nobody.
It must be as sound and strong as the
government itself and as free from
stain or faint as the flag of our coun-
try
Foraker to the Fore.
Ex-Governor Foraker spoke at great
length, and was accorded the close at
tention of the audience. He laid es-
pecial stress on the failure of the DEM
ocratic administration to carry out its
pledges and specified which he believed
to be injurious statutes passed by that
party. He declared that its advent in
to power was the beginning Of the
country's distress, which had been en-
HANGED by its subsequer acts. he
picked TO pieces the platform adopted
by the Democratic convention, and
said:
No convention ever sat in Ohio that
was so absolutely the property of one
man, ready, willing and anxious to do
his b 1ding."
1T was notorious he said, that it
was both owned and 'bossed' in the
most reprehensible sense of the word
Reverting TO the national Democra-
cv, Governor Foraker continued: LAS
it was the mere incoming of the Dem
ocratic party that destroyed our pros
perity, so, too, is it the incoming of the
Republican party to power that is re-
storing prosperity. Throughout 1893
and until the adjournment of congress,
at the close of August, '94, the country
had an object lesson it should not soon
forget
He criticized the senate in its pas
sage of the Wilson bill, and said that
that statute was far from meeting the
peoples wants.
He Awakens.
TT will not be necessary probably"
said he, ito do away completely with
the present tariff law, but it will be
necessary to make some very radical
changes in the provisions, and to add
TO 1t some very important amendments
before it will ever give satisfaction to
the American people. The changes
Will be so numerous and so vital that
practically new law will be neces-
sary.
TO begin with, the whole subject
OF the tariff will have to lie revised on
protection lines, with 2. view to making
such rates Of duty and so placing them
as to raise enough revenue to support
the government and afford such pro-
lection as may be necessary to enable
US to maintain our markets, our diver
sif1ed industries, our skilled mechanics,
and enable US 10 pay the American
standard Of wages to the Wage-workers
OF the nation.
For the last two years the Demo-
cratic party has been broken and de-
moralized, appalled, and dismayed by
the consequences of their own acts.
This year they are making frantic eff
forts to reform their lines.
The battle we are to fight in the
coming campaign is not only for Re
publicanism, for nationality, for pros
perity and progress, but it is also fer
decency, honesty and the good name
OF our great commonwealth.
With harmony and unity Of effort
we can win a victory that will inspire
Republicans everywhere and warrant
the hope and expectation that next
year Ohio will be honore6 by the Sc
lection of Governor Mckinley to lead
us TO national triumph"
Senator Sherman.
Senator Sherman said IN part:
The pension laws Of the United
States under Republican adninistra-
tons were the most liberal ever en-
acted by any government. The amount
already paid approaches the entire cost
of the war, and $40, O00, 900 is still paid
yearly to the survivors of the war and
the widows and orphans Of those who.
are dead
Every debt contracted has been
promptly met, and every promise made
has been fulfilled. The great debt ex-
listing at the close of the war, which
alarmed the fears of the timid, has
been constantly diminished and the
whole Of it would be paid before due If
the Republican party had been con-
tinued in power. The striking contrast
between the two great parties in our
country when in power IS that the Re-
publican party steadily reduced the
debt and the Democratic party con-
stantly increases it, day by day, so
That during the present administration
II has increased over S165, GOO, 600, and
that increase will continue wlile that
party is in power.
The Republican party has constantly
maintained the policy of protecting
American industries by tariff duties ON
imported goods, and thus has built up
and diversified American industries so
that they have increased four-fold
since the beginning Of the war. The
first act Of the Democratic party when
In power was to reverse this policy
The result is not only insufficient reve-
nue., but a large reduction in important
domestic industries and increased i'm
portations of foreign products. What
we propose and intend is to restore the
protective policy Of the Republican
party, to collect enough revenue to pay
current expenses, to reduce the nation
al debt and to build up and increase
domestic manufactures and produc-
tons, not only of the workshop but of
the farm and the mine
The Republican party, during thirty
years Of power, furnished for the first
time a truly American currency. 1t
swept from the field an entire system
of state bank paper and produced a
national currency composed of notes
issued by the United States, graduallT
lifted 20 par in gold. and notes Of ma
tional banks secured by the deposit in
the treasury of the United States
bonds, so well secured that not a dol
lar has been lost by the holders of
these notes. It has coined and main
tanned at par with gold, silver coins
amounting to $5o0.000.000 several times
as much as were in circulation at any
former period. Though silver has de-
clined IN market value compared with
gold, 1t and all kinds Of paper money is
efonal banks have been maintained at
par with each other. All this benef1-
cent policy is now threatened by the
Democratic party. and we have the
sorry spectacle Of the employment by
the administra ton of a syndicate of
foreign and domestic bankers buying