The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-08-28
KEYNOTE FROM BEN
Continued from FIRST Page.

think the good sense of the American peo-
pie when an issue like this is to be present
ed The courts are the defense OF the weak.
The rich and powerful have other resources,
but the poor have not high-minded. inde-
pendent Judiciary that will hold 10 the right
in questions between wealth and labor, be-
tween the rich and the poor, is the defense
and security of the defenseless. Applause.(
l do not intend to spend any time in the
discussion of the tariff question. That denate
has been won (applause), and need not be
protracted. 1t might run on externally upon
theoretical lines. We had had some expert
ences, but they were historical, remote and
not very instructive to this generation We
needed an experience of our own, and We
have had it. Laughter.) 1t has been
A HARD LESSON.
but a very convincing one, and everybody
was in the school house when it was gwen.
Qaughter) Mr.. Depew applause and laugh
teri, whose absolute accuracy and verify,
when he tells a story, you can all bear wit
ness TO, in telling that story OF our talk ON
the White house steps, did an unintentional
injury to my modesty. Laughter) did
not for a moment suppose that any relation
to any of those influences that have elevated
American prosperity until the mark on the
stones was higher than any other record that
had been made was at all significant or or
consequence. AS l have more than once
said it was controversy not of men-it
was not question of what men controlled
the goYernment-it was wholly a controversy
between Democratic followers and Republic
can followers. and in this tariff debate, if it
is to go On, we have history fresh and re-
cent history so indelibiy written on the
hearts and minds of our people that certain
things must be admitted, and among these
things is that historical fact that in 1892 we
had the most prosperous times, the most
general diffusion OF prosperity, the most uni
versal participation in prosperity and the
highest mark of prosperity we have ever
attained as a nation (Applause.l
Now, what has happened since? Our BUSH
ness prosperity then was like the strong cur
rent CT The mighty river. Now it is like a
fading sping in an August drought. panic
in 1893 of the most extraordinary character has
been succeeded by a general drying up, less
and less and less. until universal business
distraction prevails all over our community.
do not believe there has ever been a time
when universal business fear and anxiety
and watchfulness, even to the point of des-
peration, has characterized this great met
rcpolls as 1t does today. (Applause.) Men
have been afraid to go away for vacation.
They have felt that they must, every day
in this burning heat, come into the city and
watch their business. That is the situation.
What has brought it about? Gentlemen who
is there to defend the Wilson bill? Who
says it is a good tariff measure? applause
and voice "Nobody.') l do not believe
g Democrat can be found to say that 1t is.
Mr.. Cleveland repudiated it. 1t was so bad
that he would not attach his official sigma
ture to it. and it became a law without 1t.
He said it was full, of incongruities and in
CAPABILITIES. And it was better one than he
wanted to give US. daughter and applause.)
few years ago, during the Morton cam
paign in New York (applause) l discussed
this question, l said that the old Democratic
doctrine used to be that the burden of our
public expenses should be laid upon importa-
tons; that the tariff should provide the funds
to run our government and l pointed out
then how our Democratic friends had left
that platform and were endeavoring to OBJ
tain revenue by internal taxation rather than
allow the support of the government of the
United States to be maintained upon the i'm
portation of foreign goods. What has been
the result? One of these experiments in in
ternal taxation, the income tax, was held to
be unconstitutional by the supreme court.
So eager were our Democratic friends to re-
lieve their embaTrassments and to put di-
rectly upon our people. according to the
English system, tax to support our govern
ment, that they passed unconstitutional
tax in order to levy internal taxes and help
out tariff bill which had reduced the duties
upon importatiOns. Now what has been the
effect of that? 1t has failed to produce
revenue enough, supplemented by our in
ternal tax, to maintain the government.
There has been an annual deficit approaching
treasury has been continually in a state of
embarrassment. Our manufacturers, left
without adequate protection, have been
cessively and gradually closing up and putting
out their fires.
But not only has this produced such an eff
feet but it has practically contributed to the
FINANCIAL DEPRESSION
that we are in. The maintenance of the
gold reserve up TO the 500 900, 600 mark by
the government, for the redemption of
bilty of our finances. When the govern
men reserve runs down people begin at once
to say: We may come to the silver basis.
Gold Is going out. The reserve is going
down." And this fear is greatly increased.
But how can you keep gold reserve OF $780,
CGG,OC0 when you have not got 500 900 in
the treasury all told? How can you maintain
this gold reserve for the redemption of notes
when you have annual and continual
deficit in your income not equalling your
expenses?
So. my friends, this tariff bill has not only
contributed by increasing importation, by
taking away the needed support for our own
manufacturers, but it has contributed in the
way OF increasing the silver scare to bring
us into the present condition of dstrust and
dismay which now prevails. (Applause) The
bond sales which have been made necessary
by reason of the defct-because, I think
every one will agree that, as financial prob
lem, 1t is one thing when you have $500 0O0-
OGO In the treasury, to keep one dollar in
three in gold and quite another when you
have, ony SIPS 900 in the treasury ali told
(Applause)
But did not intend to- follow this question
further. l am quite much, however, op-
posed to cheapening the American working
men and the women as l am to cheapening
our dollars Applsuse) I am quite as
at home as | am gold dollars. (Applause)
If it could be known tonight that the soldier,
that typical young American, that distin-
guished and useful statesman, William Nc
kinley, of Ohio, CHEERS and applause) would
certainly be elected president, how the bears
would take to cover on the stock exchange
tomorrow. Ny friends, a Republican
am proud of many things, but l sum up
as the highest satisfaction / have had in the
party and its career, that the prospect of
Republican success never did disturb bust
ness. (ApplauSe)
In connection with this financial matter do
we all realize how important the choice of
president is? Do you know that the law
is now, without the passage of any free coin
age OF silver at all, 1t is in the power of the
president of the United States to bring the
business n q sill hos Gle
All he has to let the gold reserve 60 to
pay out silver when men ask for gold and
the presidents of the United States, and the
one we have now, regarded 1t under the law
as q public duty to maintain the gold basis
maintaining that parity between our silver
and gold coins which the law declares is the
policy of the government and because each
has had the courage to execute the powers
given to him by the resumption act to carry
out that decmlaration of public law. under
take, therefore. to say that If Mr.. Bryan or
a man holding his views were in the presden-
tial chair without any legislation by congress
we should be on silver basis In weeks
time. (Applause.)
Three or four years ago when I was in
New York, some of the reporters who some
times hear things that are not intended for
them got hold of a remark of mine about
the wild horses that Mr.. Cleveland had TO
handle ard I simply meant " that what has
since been demonstrated that he did not have
compact or solidifed party behind him; that
the Democratic party in congress represented
a share of every ism that has ever been
propounded in the country. and that he could
not manage 1t. My prophesy has become a
verify. They have left him. They aban-
doned him. and now as that caution was
meant to indicate that we needed to look out
after our congress as we'll as our president
this caution is intended to show you at this
time that we need to look after our president
II we would avoid the calamity of having this
country put upon the Mexican basis of money
THE SILVER QUESTION.
What is it? Do want silver because we
want more money larger cirulation? l