New-York tribune., 1896-08-28


ali bear witness to- In telling that story Oh our I'm
on the White House steps did an uii'nleneS ~, t Sdr ,
jury my modesy Q.augnterJ ,usnences uau nee that
have elevated American prosperity ,t qi, rernrd mat
had been made was at all signincdnt ~ ~ !, va A
quence As | have more than once sa'r, r,,,astion of
vhaf men controlled the Governmcnt-it was wn2ny @
controversy between Democratic 49, - II :
y, 90 on we have history 80 fresh and recent nls
tory SO rdeliby written on the near n@eaft h % %admifted
and among those Things is this historical iace
i'm 1852 we had the most prosperous ',' al
narticnatinn i'm prosperity. and the hignes; mn NJ ~
prosperity we have ever attained as .''''" ''''
Sow what has happened since? Then our y
prosperity Ike the strong cuiry, c IN IN an August
drouth panic in 1898 of most extraordinary en-
ter has been succeeded by graHu
andapxletv prevails a II over our community 90 nos
believe there has ever been panc 1T when universal
business fear anA snxt ana Rd.
have been afraid 10 go away foT va bie burning
have felt tnat tney n,y and waich their business.
heat come into the CITY anu "
That Is the SITUATION
No ONE TO DEFEND 1T.
Wha, has brought it about? GentIen.n' WIZ ~ .,
there to defend the Wilson TariH DIN " ~ =. +,
is a good tariff measure? "a voice ,h,
do not believe a Democrat can be iounu W ray ,s
Z ia Cleveland rcpuhlat'u H. ~ ' j..
,b,, no would not attach his official signature " -,
49,, 4, bocope q law without It. He said II WIS iu'i
90 i,conpruIties and inequalities Ana IL Wa " W.
ter one than he wanted to give us % neas
applause What has been the rSsuu 1i1 - ,hn Morton
~ yyhen q few years ago. during tn' 'Y' ~, ~
campaign I'm New-York (aprausel ,i. 6octrinc
question said that the old a, o,,r pbnc expense
should be laid upon importatlons Una, r M ";oynrn-
should provide for me Go5t tben y how our Democratic
friends had left that platform ana WI WI t"v,tion
deavoring to obtain revenue py ~ tbe Government
rat her than to allow the suppoI o. III mon the i'm
nf the United States 10 be mantah"u u%po % ~. r| .
portatons Of foreign goods Hn I'D n,rrnal 1% taxation
,h income lax was held TO be unconsti1 ~
the Supreme Court SO eager we,r 0, ana TO put
friends to relieve their cmDai -, ,h. English
jirnrtIv upon our people. according 10 ~" a hc,.
nassed an unconstitutional act IN VI vi "hich had
,,arn,l tascs and help out tarlt DIl nn, "mto b,s
reduced the duties upon npHa ~ ps raiIod 10 produce
",r,,n enough supplemented By our Interndi Ia onN m
to maintain the Governmcnt, nv COD o i' ,.arv year and
annual deficit approaching $eo''ooV iryiiv i'm A
,hn %nio,al Treasury has been coHllnu@my ~ Iof
state OF embarrassment our hn.n snccessvely
without adequate protection nay us ont their
nd 'groduaiiv closing up and putting ou' no.,
fires But not only has TINS I,d ~ The financial
1rss,Sn that we are The maintenance Ui er
gold reserve up to sio0~o~D ny IN. "ssnntiai 10 conf
Inc redemption of our notes was Ivhrn the
dence in the stability OF our ho'r nt once
Government reserve runs down Pler ha SIS gold is
TO saw: I'VE may come TO a % %slNri md mis- fear
going out: the reserve is going down. an" '''''
is greatly increased ,,o,t reserve Of sl0oOOo.1O
rben vo, nave not got SOooooo In the
ali told? How can YOU main'"h when en'' YOU nave an
annual and continual deficit in your lhoon"'' NV
equa,ng g yUu Dr friends, this Tariff bill has not only
con, n,ributed by increasing Importation ps 49, ,7
away needfu sgPPort Gr in G6 f6r way Of
tn,, thc silver scare to bring US into the pIes'n'
condition Of distru.t and dism9y wn" ao been made
rscessary by reason OF this deiclt-pec,,Ius&r $50
think every one VIII agree Id tna' baye as SS o sur
pls in the Treasury keep one dollar IN threr IN
90. ,ao o"S fl, the Treasury all told. CApplause)
THE MONEY QUESTION
Rut did not intend to follow that question fur
ther | am quite much. however. opposed 10
chcapening the American workngman ana Work
ing woman as am TO cheapenng our dollars. TAP
nlausel | am quite as strongly in favor OF Keep
ing days work at home as am goa "o''r' >
(ApplauseD If It could be known to-nght that tna.
gallant soldier. that typical younS AinSiTan, Nn N
distinglisheI and useful statesman. William Nc
Klnley. of Ohio Cappause ana the hears would
t"he IN cover on the Stock Exchange tomorrow.
Nv friends as a Republican ! am proud OF many many
lion have had in the party and it's career that the
prosp pect OF Republican success never "i" "iS'"'"
business (Applause)
WHAT THE PRESIDENT COULD DO.
In connection with this financial matter. DO We
all reaIize how important the choice Of a President
iso DO Won know that as the law Is now, without
,he massage O, any free-coinage-of f-silver law al
all II IS in the power OF the President OF the lhlted
States to bring the business of this country to Sill
yer basis? All he has to do Is TO let N ,te sp'u oi
gcrve go to pay silver when men ASK lol eoi
and we are there already. II is only because the
Presidents Of the United States that we nt.c ~ ndn
and the one we nave no" nav IIlat a,,ld
the law as their public duty to maintain tne goln
basis maintaining that PARTY De1w.e our our noy
and gold coins which the law declares i '", PV'.SS
of the Government. and because they nave had the
courage to execute the powers given 10 thcm py '
Resumption act to carry out that ue'laI',loi ' y,
public law / undertake.. therefore, 10 say tldl II
Mr. Bryan or man holding ms viSWs we ~orS III o o,e
Presidential chair, without any lGslsiation py on
grcss should be on silver basis IN week
Three or four years ago when was in New York,
some one Of those reporters who sometimes near
things that not intended for them got hold OF a
remark of nine about thc WIN uoi.'S ~. n; ",
Cleveland had to handle, and simply meant 10y that
have a compact or solidfed party behind him. that
the Democratic party I'm Congress represented every
ed i'm the country and that he could not manage r.
Nv prophecy has become verify. They have left
h 6n was seg damt to ndcae that we needed to look
out after Congress MS well as our resiHent ms
caution Is intended To show you at this time that
we need to look after our President If We would
avoid the calamity Of having this country put upon
the Mexican basis or money
LESS MONEY INSTEAD OF MORE.
The silver qucstion-what is it? DO we want sill
yor because We want more money, larger circulat-
ing medium? have not heard anybody say so
Mr. Bryan Is not urgnL II upon that basis. II any
body were TO seek TO give that as reason for want
inc free silver he would be very soon confounded
ty the statement that free silver would put more
gold out OF circulation than the mints OF the United
States could possibly bring in in years of silver and
that instead Of having more money We would have
less ,Applausc) With our six hundred and odd
millions Of gold driven out of circulation. We Will
reduce per capita money Of this country between
IS and 81. So it is not for more money. We nave
an abundant supply Of circulating medium gold
notcs fractional silver We have something like
S93 Der capita of our population What is it. then
that creates this demand for silver 1t Is openly
ayowed II Is not more dollars. but cheaper dollars
that are wanted. 1t is lower STANDARD of value
that they are demanding. They say gold has son,
m until il has ceased TO be- a proper standard of
values and they want silver But how do they want
itP Now my friends. thcr" Is "A great deal OF talk
about hmetalli.I IN and the double standard, and q
great deal Of confusion in the use Of those terms
Hiuctalism IS the use OF the two metals as money
where they are both used BY 2 double stanf ird
they mean that we shall have gold dollar ana q