The San Francisco call., 1896-10-31


In 1861 there was a crisis and the Kepupi-
can party took it's stand. 1t was assisted oy
many good Democrats, and i would ike 10
a. if there is any Democrat present VINO Is
not proud of what we did. /.
In 1868 another question arose as'to now. we.
should pay our.debtS.p Some of the: :ouTstand-
ing bonds cost their.sholders but 10 cents Oh
the dollar, but they bought them wheno tneJ.
were worth but 75 cents. The United ot@!es
might have paid as the Confederate suites
paid, but those who helped our country IN her
hour Of need were paid Tor the rlsh ,li eaA 80
Since those dark days we paid $3,000,ooo'ooo
OF debts and kept the Nations honor unfair
nished As Senator Hawley once said, livery
bond is as sacred Us a soldiers grave.
Is there any one present who is not proud OK
that record? One OF our next battles was.
whether or not we should issue uhIiinl'eu
greenbacks. They say greenbacks carried US
through the war. l believe We couIu nave sot
along without them. In any event nat money
must be limited in quantity. Legislative
bodies are sure to be asked to overlssue TINS
species OF money. We were in Dig noie ana
the question was how to get out. surely not
by digging the hole deeper ana having
longer climb. [Laughtenl
The Republican party resumed specie pay
ment in 1879 and has never been sorry 1or IL.
What followed? Why, fourteen years OF the.
most magnificent prosperity ever enjoyed In
the Almighty's universe. The Natloh SWas
righteous and honest. 1t pays TO be righteous
in a nation or en- individual We nave louao
this out We have paid the expense OF right
eousness: shall we: continue the rolcyY
MANY voices, ''Yes! yespl Well, let us do 1t
thoroughly and with a rush. tCheersl
l hear but one line of conversation all over
the United States and that is that the busi-
ness men of thiscountry are rising irrespect-
i've Of party and Gre determined 10 carry'the
country. and they will do it,. [Appause.l
The only salvation Of the country is plenty
:of common sense But in 1892 the people
failed to have their usual quota of common
sense and put the Dem ocratic party in to power,
and: the Democratic party then was better than
il. is to:day-50 per cent better than that party
:thatdoes not dare to haveits own headquarters,
andha one head and two Rppendages [laugh>
teri. or l might class them all together, and
say three Of kind. But that party made
failure OF running this Government This was
not: the fault of individual Democrats, and no
dreams OF saying anything
about the stealthy '"erime of 1892" The
Democratic party was failure in power be-
cause it had no common bond OF union. True,
it was united on one thing-it was against us
some Democrats because OF the tariff. and
some becarse many Republicans favored pro-
of union was its opposition to US.
Some Republicans left us and went with the
Democrats in 1892. They could not get along
with. us and of course could not get along
with the Democrats.
:. Another misfortune to the Democratic party
was that Its power came from south of the
Mason and Dixon line. L want you to follow
me closely on this subject. do not wish 10
say anything sectional, but its majority came
from south of Mason and Dixon's line and the
men of the South have not the business train
ing and education of those of the North. They
90 not do the business of the country in. the
South, and venture the assertion that not
one in ten Northern Democrats would have
proposed the Wilson tariff bill if in control of
the party
want to offer an apology and an excuse for
the Democratic party. 1t is my ancient foe
and nate to seeit disappear entirely. But If
it has got to go L am glad to see it 60 as 1t is
going. It's best men are coming to us and
they may like US well enough 10 stay. But
those who are left of that party seem to have a
great desire to have US discuss some other
subject besides the one they once said the
Nations salvation depended upon. l believe
that in the near future their sole request will
be to have the mountains and rocks fall upon
them and complete their snnihilation.
Here the speaker took up the silver
question, and at the commencement of
his discussion of the subject said:
1 confess that I hate to bother with this
silver question. After several mouths study
aitoseems to me so trivial as TO not deserve the
attention it is getting.
Nations are like individuals; they often
imagine something ails them, and it is often
nothing but Imagination. They conjdHe up
H. 4ha-, f1,o
something that has nothing to do with IL on
earth. They tell you about the "crime of
1873" For years have sat in the House Of
Representatives and heard what 1 knew were
Democratic speeches by these illusions to that
imaginary crime Each and every one of them
in his speech alluded to thestealth and secrecy
of the alleged crime. Ihave read 100 columns
of the debates upon the subject in the Con-
gressional Globe. The question was referred
and rerefeTred 10 committees; and il was, you
might say. done on the housetops; yet when
these speakers arose in their places out upon
the. circumam bfent air there would float those
doeful words, "the stealthy and secret crime
OF 1873"
/ saw a good answer to the "crime of l S73''
wall in the streets of an Illinois town. 1t was
a horsecar on the track, followed by a modern
trolley car. They were labeled "Before '73"
and .Aiter s73" daughter and applause.l'
But who committed this terrible crime
Two Senators from Nevada had largely 10 do
with it,. .
It was entirely unnecessary for Mr..
Reed to tell the audience who they were,
for many whispers of Stewart and Jones
ran through the hall. He then alluded to
the panics and hard times of: the past,
both in: United States history and in the
history of other countries, and wanted to
know If demonetization OF silver caused
them.
Let me tell you what causes hard times. 1t
is hum an nature: Human nature requires its
ups and downs. 1t goes uphill. .and;dowrdale,
and when in the dale should notsaccept the
advice of every queck doctor and take all the
quack medicine offered. 1t has but to ascend
another hill and prosperity is. often in sight.
We are having hard times now. What causes
them?; Suppose some Democratic party or
other takes possession of the country and COM
mits the ''crime of 1922" Business stops and
the people begin 10 take an account OF stock.
Some Ion g-headed business man begins to
think the flush tImes-are about over. If he is
banker he calls in his loans. Other men be-
gin to see what is' coming and stop buying.
Then: come hard times and another panic.
They have done this five times in the past and
will most probably do it in the future