The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-08-06
AN ENTHUSIASTIC DELEGATION
THAT CAME ONE HUN
DRIED MILES.
Talked ON TARIFF and CURRENCY.
4 Disordered Currency Is Fatal to In
dustry-lt Fertilizes the Rich
Mans Field With the Sweat
of the Poor Mans Brow.

vet come to Canton arrived here from
Knoxville, Il suburb of Pittsburg, at 1
o'clock this afternoon. They had
travelled 100 miles in the heat and
storm, but were enthusiastic with bands
and banners.
Their spokesman, John =. Everhard,
president of the Mckinley and Hobart
Club, and who is also president of the
Glass Workers Union, acted as spokes-
man. He put the tariff issue above all
others.
After n storm of applause which fol-
lowed Maj. McKinleys appearance, he
said:
"AIr. Evcrhard and My Fellow Citi-
zens-I am glad indeed to meet and
greet the Knoxville Mckinley and Ho-
bart Republican Club in this city and at
my home and | thank you most cordially
for travelling so long Il distance to eX-
press your personal good will to me and
your devotion to the great principles of
the republican party.
"You are right, Mr. Spokesman, in say
ing that the republican party stands
now, as it has always stood, for sound
and stable currency and for the main
tenance of all its money, of every kind, ut
parity and always equal to the best
the earth. (Applause) A deprecated
currency, as you nave so well said,
would work disaster to the interests of
the people and to none more than those
of the working man and producers.
Long years ago Daniel Webster said that
they were the first to feel and the last
to recover from it.
a disordered currency" he said, lis
fatal to industry, frugality and economy.
1t fosters the spirit of speculation and
extravaganza. II is the most effectull
of inventions to fertilize the rich mans
fields with the sweat of the poor mans
brow.
That which we call money, my fellow
citizens, and with which values are
measured and settlements made, must be
us true as the bushel which measures
the grain of the farmers and as honest
as the hours of labor which the man who
tolls is required to give. loud APP
plause.) The one must be as full and
complete and as honest as the other.
Our currency today is good-all of it is
rs good as gold, and it is the unfaltering
determination of the republican party to
keep it so. 1t is the duty of the people
to stand unitedly against every effort to
degredate our currency or debase our
credit. They must unite now, as they
have united in the past in every great
crisis of our country's history. When
the country seemed wildly bent on in
flation preceding the resumption of
specie payments, the American people
united and stemmed that threatened tide
of irrcdecmablc paper money and repudi-
alton and placed and kept the nation on
the rock of public honor, sound finance
and honest currency.
You have rightly stated, sir, that the
republican party not only believes in
sound money and the highest possible
faith and honor on the part of the gov
eminent of the United States to all its
creditors, but also that it believes i'm Il
tariff which, while raising enough money
to conduct the government, economically
administered, will serve the highest and
best interests of American labor, Ameri-
can agriculture, American commerce and
American citizenship. (Cheers) Some
of our political opponents are given to
saying that the tariff question is settled
IL we are not wrong in interpreting their
meaning we think they are right Qaugli-
'tlJ thdlh tllcln lOT IIe Confession.
lApplause) We believe that the tariff
question is settlcd-settled in the minds
and hearts of the American people and
settled on the side of protection. Tire
mendous applause) But, however
hrmly 1t may be settled in the public
mind, 1t is not yet settled i'm public law.
What is in the hearts and consciences
of the people touching any public ques-
ton is not effective until it is written in
the public statutes, and this can be done
only through the exercise of an elective
which makes our public laws. No one.
| take it,, will regard the present tariff
law as last and final settlement of the
question. Whatever may be our differ
ence about the economic principle upon
which tariff legislation should be made.
all agree that the present tariff law is a
failure as revenue measure. Every
body must appreciate that no law is a
settlement which creates every month n
deficiency i'll the public treasury. loud
applauseJ The people of this country
ment and will not be satisfied until the
law shall express the public will in n
statute which will provide adequate
revenue for the need of the government.
full security for its credit and annie
protection to the labor, capital and
energy of the American people. IAN
plauseJ | thank you. my fellow citi-
zens, for this friendly call and | assure
you that it will give me pleasure to
meet each and every one of you per
sonaliy." tremendous applause and
cheering)
After his speech there was singing by
glee club and music by the band.
STATEMENT FROM CARLISLE
Concerning the Payment of Insurance
Policies in Deprecated Currency.
Little Rock. Ark, July 30.-A state
ment was widely published by the press
generally a few days ago that
President l.. Green of the Connecticut
Life Insurance company of Hartford had
issued circular letter to policy holders,
notifying them that in the event the gov
eminent adopted the free coinage of sill
yer the company would be compelled to
pay all claims in deprecated silver coin.
Mr.. Il. w. Allsop of this city sent
clipping of this statement to Secretary
of the Treasury Carlisle with a request
for an expression on the subject. He
received reply from Mr.. Carlisle which
is in part as follows:
'1n case free coinage Of silver should
be established in this country, / pre-
sumo insurance companies and all other
institutions would continue to make their