Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1896-09-03

~ are the greater sufferers from eyery
t.eHpt 20 debase our money. II would
iai Wfth alarming severity unon invest.
ments already made: upon insurance COM
panies ana their policy holders; upon saw
ns oanhs ana their depositors; upon build
ing ana loan associations and their men,
pers' upon the savings of thrift. uoon nen,
sioHers AMI their families. and upon wage
eatners ana the purchasing power OF their
wages.
r~redeemabl Paper
Money.
SILVER question is not the only issue
nhectihs our money in the pending contest.
NOT content With urging the free coinage
VI silver Its strongest champions demand
mat our paper money shall be issued d.
rectly by the government Of the United
states. This Is the Chicago Democratic
declaration. The st. Louis Peoples party
aeciaration is that ''our national money
shah De issued by the general government
only. without the Intervention OF banks OF
issue. be full legal tender for the payment
OF All debts, public and private" and be
distributed direct to the people and
through lawful disbursements Of the gov
eminent"
Thus, In addition TO the free coinage OF
the worlds silver, we are asked to enter
upon an era Of unlimited irredeemable pa
per currency. The question which was
NN--"N - i'h ioob " lNtc = linus W pV
reopened with all its cheap money expert
nlents OF every conceivable form. foisted
upon us. This indicates a most startling
reactionary policy, strangely at variance
With every requirement of sound finance:
but the declaration shows the spirit and
purpose Of those who, by combined action,
are contending for the control of the gov
eminent. Not satisfied with the debase-
ment OF our coin. which Inevitably follows
the free coinage of silver at 10 to l. they
would still further degrade our currency
and threaten the public honor by the UNI
limited issue of an irredeemable paper cur
rency. A graver menace TO our financial
standing and credit could hardly be con-
ceived, and every patriotic citizen should
be aroused 10 promptly meet and efrectualiy
defeat il.
In the Highest eEree Rcprehensi-
BILE.
1t Is n cause for painful regret and solicit
tude that an effort Is being made by those
high in the councils 'of the allied parties
TO divide the people of this country into
classes and create distinctions among us,
which. in fact. DO not exist and are re-
pugnant to our form of government. These
appeals to the passion AMI prejudice are
beneath the spirit and intelligence of A
free people and should be met with stern
rebuke by those they are sought to infiu-
ence. and | believe they will pc. Every
fAltlilDl v diidS 'itC r"A'' Nf"' 49,"
classes against the Masses section
against section, labor against capital, 1.-THE
poor against the rich" or interest against
interest in the United States is in the
highest degree rcprehensible. 1t IS opposed
to the ]uatipnal Instinct AID interest anG
should be resisted by every citizen.
We are not a nation OF classes. but OF
sturdy, free. independent and honorable
people, despising the demagOgue and never
captivating to dlshonor. This ever-recur-
ring effort endangers popular government
and Is a menace to our liberties. 1t is as
old as government among men, but was
never more untimely and unfortunate than
now. Washington warned us against 1t,
and Webster said in the senate, in words
which | feel are singularly appropriate at
this time: 81 adm0nish the people against
the object of overtures like these. l adj
monish epe~y industrious la6orer of this
country TO be on his guard against such
delusion. tell him the attempt is to play
of his passion against his interest and 10
prevail on him In the name Of liberty to
destroy all the fruits Of liberty"
Protection of Supreme Importance.
Another Issue of supreme Importance is
that of protection. The peril of free silver
is a menace 10 be feared; we are already
experiencing the effect of partial free trade.
The one must be averted; the other cor
rected. The Republican party is welded TO
the doctrine OF protection and was never
more earnest. in its support and advocacy
than now. If argument were needed 10
strengthen its devotion 10 'the American
system" or Increase the hold of that sys-
TEN upon the party and people, it is found
In the lesson and experience OF the past
three years.
Washington. in his farewell address Sept.
Il, 1896. a hundred years ago. said: las a
very important source of strength and Sc
Curity. cherish public credit. One method
OF preserving 1t is 10 use II as sparingly as
possible; avoiding the accumulation Of debt,
not only by stunning occasions OF expense,
but by vigorous exertions in time of peace
to discharge The debts which unavoidable
wars may have occasioned. not ungenerously
throwing upon posterity the burden which
we ourselves ought TO bear"
To facilitate the enforcement of the max
Inns which he announced he declared 1T
is essential that you should practically bear
in mind that toward the payment of debts
there must be revenue: that TO have revenue
there must be taxes; that no taxes can be
devised which are not more or less incon-
venient or unpleasant; that the intrinsic
embarrassment inseparable from the selec-
ton of proper objects (which Is always a
choice of difiicultiesl ought to be a decisive
motive for a construction of the conduct OF
the government in making 1t; and for q
spirit of acquiescence in the measures for
obtaining revenue which the public exigen-
cies may at any time dictate"
Animated by like sentiments the people
OF the country must now face the conditions
which beset them. The public exigencies'
demand prompt protective legislation which
will avoid the accumulation of further debt
by providing adequate revenues for the cx-
penses of the government. This Is mani
testify the requirement of duty. II elected
president of the United States 1t will be my
aim TO vigorously promote this object and
give that ample encouragement to the Oc-
equations of the American people which,
above all else, is SO imperatively demanded
at this %iuncture of our national affairs.
Our Condition I'm December, 1892.
In December, 1892. President Harrison
sent his last message 10 cong resS. 1t was
an able and exhaustive review of the con-
dition and resources of the country. IL
stated our situation so accurately that l
am sure ii will not be amiss to recite his
official and valuable testimony.
''There never has been Il time in our
history said he. 'when work was more
abundant or when wages were so high,
whether measured by the currency in
which they are paid or by their power TO
| supply the necessaries and comforts of
life. The general average Of prices has
been such as 10 give agriculture a fair par
ticipation In the general prosperity. The
new industrial plants established since
October 6, 1890. and up to October ~.
1892, number 34J, and the extensions OF
existing plants los. The new capital In
- ,o,,, 20 2Ia 4ic DEn and fha