Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1896-10-15

III he wou!u ne would be loo. a mah' |
would not loau money In gold IL he |
thought he would only get silycr.back.
Well, Would the FREQ coinage Of silver al
l6 to bring the price of money down9
Some men said We believe it will
bring tho price OF gold down. Well
We believe" might do in matters of
theology, whore the answer comes in the
next world, but 1t does not do in busi-
ness.
am not going to talk to you about
Mexico and China. You don't know
much about CHM, and | know less,
but / do know something about the
history of the United States, and so do
you. The country bought 5000, 600, 600
worth of silver, aud paid its honest
money for it. What was the result?
Silver went down like lead. How is it
going to help you to have monuments
of dollars il you can't achieve themY
You workingmen have had some ex-
perience, and it isn't experience in
Mexico had by another fellow. 1t was
under your OWE noses. III the dollar
sinks in value you've got to fight for
more dollars or make your dollars buy
more; that IS, by lowering the price OF
commodities.
Suu utuf huDbo N5Iy fOiNpN hoSlai
ing that they wanted low prices. Well,
they got them. Now they are cl amoring
for high prices In war time commodi
ties went up 1872 per cent, wages went
up 46 cents. 1t took until 1869 before
wages caught up with the depreciation
OF the currency.
Why is il that commodities went up
and the wages of labor did not? | will
tell you Why. Ii man owns a barrel
| Of -four in Wilmington and cannot sell
| il to-day, be can sell it tomorrow. IL
| he owns days labor in Wilmington,
| il he cannot sell it to-day, he cannot
sell it on the earth at any time, for
while he is looking for that days
labor, one'half of it is gone.
I Life insurance companies in New
York have accumulated 81, 142, 600, 600,
which is $4,000, 900 greater than the
national debt. Only IL per cent is in
real estate, but the rest Is slbstan italy
owed the policy holders The beautiful
business of reducing debts one half
will strike 10000, 900 men, and in time
30, 600, 600 women and children.
You get house worth 81, 600 in gold
insured, but under free coinage your
house is worth in silver $4,000 and it
is only worth $1,000. Here are two
stories of your house stricken out with
no insurance on them, but l copgratu.
late you that you will only have to pay
half price for the insurance.
Mills are at standstill because OF
the shadow of the Chicago convention.
What could the substance be? In
August the Pennsylvania railroad LOST
81, lbs, 600. One gentleman said there
would be furry" We should per
haps recognize it better as panic.
Gold is the best money we have eyel
had. We have got it now and we have
had it for 60 years. But there wal
SO nething else we had during thes'
last four years--that was an incapabl,
administration. / do not mean to SD,
that no individual Democrat is al
smart an an individual Republican
But it was the combination.
The United States while 1t is great il
, wealth is much greater in the possibili
ties of wealth. We get wealth now b.
: the application OF other wealth. Me-
may spend $780, 600 on a silver min
before getting any silver. Rich as tn
United States is to-day ii has not one
tenth of the capital necessary to secur
the wealth that swarms between tn
Atlantic and Pacific. 1t may come il
: time, but you and l will be comfort
, ably dead. Now the world wants t
: lend us money at fair risk, but, of al
things, they want to get the none
. back again.
We will probably have another tim
, like this 20 years hence. These same gen
tlemen will be performing sometbin
I. else, but every period Of depression
!. on a higher plane. Judging of th
g future by the past, / believe we viii
o have slowly increasing prosperit
!, that will carry us TO heights we neve
u reached before. While | have n
y special admiration for the human rae
L just now, | know there is going to b
great opportunity for the admiratio
o of the human race, and | hope 20
: will do your part to give it.
o Mr.. Reed spoke little more than a
i hour. When the closing applause ha
q been given there were calls for Nj
u Willis, and the Congressional candidat
u was introduced. He spoke briefly an
was followed by John il. Hoffecker, tt
IS gubernatorial candidate.
y MIR. REEDS VISIT TO WILMINGTON.
- The Hon. Thomas b. Reed was accon
: panied to this city on Saturday by h
"a daughter, Miss Kittie Reed. In ii
"a afternoon Mrs. William Is. Clerk toe
Il Miss Reed to Shellpot Park, where IL
IL barbecue was in progress. Hiss Rec
~ dined with the Misses Barnar,
-, :! daughters of Col. ID. p. Barnard
i No $40 Washington street. The Miss
NJ Wilson and Mrs. Graf we're ais
- present. In the evening the lad
n attended the meeting at the Aud
al torium. Mr.. Reed had drive aroul
re- the city in the afternoon in compal
- with State Chairman Wiley and Ca
III didgtes HofIecler and Willis. Amor
IN Mr.. Reeds callers while at the Claytt
II House were State Senator Robert
III Handy, Gen. James II. Wilson and @
IN Senator Anthony Higgins. At dinH
re were State Chairman Wiley. Cand
TO dates Hotleckcr and Willis, DIR. G.
NJ Layton, j. Frank Alice and William
AT Clerk. J. Edward Addicks made Il CT
M on Mr.. Reed. After the meeting at t
i. Auditorium Mr.. Reed and Miss Re
a were driven to the r., W. & Il. statiu
We where they boarded train for Phil
ia delphia.
O. Fell into the River.
a While out at tho Wilmington
OF Northern pier on the Delaware river