Bennington semi-weekly banner. (Bennington, Vt.) 1894-1902, 1895-04-16


ton of Mr.. Cleveland in which he did
not collect for every day of every year
sufficient revenues to pay every demand
and obligation of the government
President Harrson's administration
was a bond-paying, not a bond.issuing
administration. The latest bond issue
of President Cleveland of S63, 100000 was
made in conjunction with the great finan-
ciers of EuroSe through their agents in
the United States. 1t was made out of
the sight of the public, and on terms
which were harsh and humilitating to
the great government of the United
States. 1t was a harsh bargain for the
government, but it was not the only hard
bargain we have had to bear. There
have been long series of them. The
hard bargain business began in Novem.
Der, 1892, and the bargains have been get
ting harder ever since.
Out of it all, however, we get some
faint ray of satisfaction. 1t must be
gratifying to every American citizen to
observe that the people of our Wn coun-
try and of England both place a higher
estimate upon the bonds of the United
States than do those who are temporarily
administering the government. We
ought to realize by this time that we
should not do our work nor make our
loans in Europe. Let us place what op-
tons we have with our own capitalists,
and our orders with our own manufact-
urers, who in the past have been always
abundantly able to meet every demand
of the government and of the people.
What we want in this country is a gen.
eral resumption of business. We want
the restoration of prosperity and conf
dence which we enjoyed before the
change. Business at home will bring it,
and it will bring good money In abund-
ance. You will not restore active bust
ness and good wages by a policy which
transplants any part of our established
business to Europe. No matter what
kind of currency we have, it will not re-
kindle the idle furnace and employ idle
men so long as we 60 abroad for our pro-
ducts, which can be made at home, be-
cause of the cheaper labor prevailing
there. If we do our work at home our
labor at home will be employed, and the
wages paid at home will be spent at
home. This is the philosophy of protec-
ton, and it cannot be abandoned, amend
ed or abated.
Protection means something to do; it
is the implacable foe to idleness at home.
1t made us the busiest nation in the
world with the most and best employed
working people. 1t will restore conf.
dence at home and improve our credit
abroad.
Let us first of all preserve without
stain and high above suspicion the credit
of the government as too sacred even for
party strife. Let us provide in some pa
triotic way for the collection of enough
money annually to pay all our current
expenses. Let it be enough to maintain
with vigor our navy and our diplomatic
departments and abundantly support
every branch of the government without
parsimony or extravaganza. Let it be
enough to pay ample pensions to all dis
abled Union soldiers and sailors and
their widows, orphans and dependents,
whatever may come.
What we want-what we must have
is enough money to run the government,
and it must be borne in mind constantly
that we have the best government and
highest civilization to maintain of any
government and civilization of the world.
My fellow citizens, the way to stop
loans is to stop deficiencies. The out
flow of gold will never trouble us when
the inflow of gold is only large enough.
Loans and deficiencies seem to be insep-
arabic from the Democratic party, and
we should ever remember that we cannot
replenish the treasury of government
by impoverishing the people who sustain
the government. Home prosperity is
the key to an easy treasury and high
credit. The Republican party has never
lowered the flag or the credit of the gov
ernment, but has always exalted both
and will continue to do so.