The Wichita daily eagle., 1896-08-26

when the Sherman law was strug-
| Cling to be repealed the Democratic
/ press, and even some Republicans, toio
us that repeal would be the final remedy
and business would revive. 1 never
shared that belief: on the contrary,
| Just three years ago today, lacking two
DAYS, While l was consorting with good
| Democrats, and / hope to consort with
| tlhe like in this campaign, / took occa-
sion In the presence of ZOO men, women
| and children, to declare that the repeal
of the Sherman law was only one step
| in the onward march; since than many
bad things have happened, plunSinS
us deeper and deeper in the mire- In
! that very discourse / told the Demo-
Gratis that 1 did not expect the Demo-
cratic party to be utterly bad but
| had not at that time the slightest idea
what the Chicago convention would do
| or say dn 1896.
AND WORSE TO FOLLOW.
Since that speech in 1893, we have had
| a severe lesson. When the tariff act
proposed by Mr.. Bryan and his asso-
ciates was presented in the house, 1t
was certainly great shock TO the bus
1 mess interests of tine country. The
change was radical and men like Mr..
Bryan were carried away with the pos
sibilfties of their own eloQuence. There
seemed no posi- biHty to the limit or
| the evil. Now l do not propose to
charge Democrats with that bill. The
one they finally passed was a vastly
| different one. But the mischief had
been done. The shock hod stopped bus
iness. Then came the income tax,
/ =, n
clared so by the supreme court, and
then the attendant deficiency. That de
ficiency has been a breeding sore ever
since. That deficiency, in the way it
has been managed, has scared and
! frightened our people beyond all rea-
son. What are four million collars of
| increase of debt to a nation so rich
that one of its big railroads, on half
its lines can lose twice as much as paid
/ the whole revenue of good queen Bess
( in the days of her highest glory and
never pass q coupon or refuse a divi-
dend. Why has this four hundred mil
| lions frightened us so? Because the
government has refusd either to raise
revenue or seuarate the deficit from
the redemption of greenbacks. Had
the house revenue bin of last session
passed congress and become law, the
country, with full hope in a Republican
administration in the near future.
would then have strated upward and
| onward.
NOBODY TO BLAME.
But the condition has been peculiar.
We have a three-comered, triangular
government.
Everybody has been in the minority
and hence nobody has had any respon-
sibility and we have drifted, sailless
and rudderless, but, thank God, with
a stout ship, stouter than ell the winds
! that blow. When next you put that
ship in commission had you not bet
| ter have a harmonious captain and
Grew, all of them men who have been
to sea. / know that the four gentle
men, Messrs. Bryan and Watson and
Bryan and Sewall, have been at sea for
many years, but that is a different
thing.
BORROWING AND LENDING.
We must restore confidence. How
can we restore confidence? First. by
putting anarchy down and all manner
of disturbance. Peace an a stable gov
ernment are the first necessity. This
Is borrowing and a lending world
No amount of denunciation OF money
lenders, no wild talk about Wall street,
which, by the way, Is the greatest mon
I ey borrower in the world, will ever put
down that fact. Enterprises are car
ried on by the united confidence of men
and money and men of brains. Bring
this thing home to yourselves and then
you will understand it. If you had
money or any other capital you had
earned yourself or your father had left
to you. or even if you had won in the
luck of lottery, would you let it out
TO anybody on earth who was liable
] to give you back only half of 1t and
want to call 1t square? If You We're
a business man, would you make things
on gold basis and sell them on credit
to people who were trying to see If
they could not pay you on a gold
basis?
With the defeat of the Bryan-Wat-
son-Sewall combination will come GER
tainly the repayment of capital bor-
rowed at home and abroad certainly
that business enterprises will have a
firm foundation, and 1897, with its at
tendant years of success, will lift us
to another height OF success. where.
perhaps, another set OF misguided citi-
zens, forgetful Of the past, win waylay
us. and we shall have to be at them
again.
SECTTONALISM DENIED.
Remember that this contest today
is not between bimetallism and mono
metallism. That subject would bear
discussion. This contest is between sill
yer monomet llism, which we have not,
and gold monometallism, which We
have That subject will not bear can
did discussion. This contest also is not
between the east and the west. There
can be no such contest. Our interests
are identical. With their growth
comes cur growth. We cannot go on
alone We have sent our children
there; our money is there. No misfor-
tune can happen to them that does
not happen to US. We here have full
esteem for the pioneers of the ives,
and rejoice in their prosperity. Every
wise man agrees that beyond the Mis-
sippi lies the great wealth of the days
TO come. In the development of this
wealth we are all interested. and we.
70 believe that we are not concerned in
the progress and future of the west
Unfounded sectional differences are
without excuse and il VIII be a woe TO
those who Try To fomsit them. The
west is too vigorous not ~ find out
the truth, and II is too valiant not 10
follow il when found. WHAT the west
needs Is loanable capital. which VIII
develop its resources. Mop rat of this
union is so concerned in restoring con-
fidsnce as the undevelopei territory.
The south, too. mas n similar interest
But they are busy denw there Just now
asserting their rights and keeping
down the neeno. II they could be per-
suaded to look after their interests
what q happy country this might be-
TtlE THING, wuT<~IJ HATH Prp,~