The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-06-17

of Ability to Handle it-No Hopes in
That Direction.
st. Louis, June lion taking the
chair today. Temporary Chairman
Fairbanks of Indianapolis. addressed
the Republican convention as follows!
Gentlemen OF the convention, am
profoundly grateful for this expression
OF your generous confidence.
LAS citizens We were never called
duty that that which rests upon US. The
than that which rests upon US. The
nomination OF president and vice
president Of the United States. This
duty is a peculiarly impressive one at
| this moment, for it is already written
| In the book Of fate that the choice Of
this convention will be the next pres
ident and vice president Of the great
republic.
"Three years of Democratic admins
tration have been three years Of panic.
Of wasted energy, OF anxiety and loss
TO the American people, without par
allel in history. Today the people turn
to the Republican party hopefully,
confidently, and II is for us TO meet their
| expectations; 1t is for US TO give them
those candidates upon whom their
hearts have conferred, and to give them
clear, straightforward, emphatic ex-
preston OF our political faith. The
| Republican party is q party of conVic-
tons and it has written its convictions
in the history Of the republic with the
pen and with the sword; with it the SUI
! preme question always has been not
what is merely polite but what is
everlastingly right" The great men
! we have given 10 the nation, and TO
history, the mighty dead and the illus
| trious living, are our inspiration and
| tower of strength. II we are but true
| to their exalted opinion, we cannot be
| false to our country.
| DEMOCRATIC INCOMPETENCE,
For a third Of century prior TO the
advent OF the present administration.
we operated under laws enacted by the
! Republican party. All great measures
concerning the tariff and the currency
originated with It Tariff laws were
formed upon lines which protected our
( laborers and producers from unequal
! and unjust foreign competition; and
upon the theory that the best market
/ in the world Is the home market and
| that 1t should be enjoyed by our own
/ country
Under the currency laws our cur
rency was made national. The. wild
cat state bank money OF the Demo-
cratic party was wiped out Of existence.
! The unprecedented demands growing
| out of the war were met by a paper
currency which ultimately became as
I good as gold. Since the resumption of
I specie payments in 1879 every dollar of
/ our money, paper, silver and gold. has
/ been Of equal purchasing power the
world over. The policy of the party
has been to make and keep our cur
rency equal to the best in the world.
Under the operation of these honest
tariff and honest money Republican
| laws, the country grew in wealth and
power beyond precedent. We easily
outstripped all other powers in the COM
mercial race. On November s, 1892,
there was work for every hand, and
4 bread for every mouth. We had
reached high water mark. Labor re-
! ceived higher wages than ever and cap
/ ital was probably and securely en-
/ ployed. The national revenues were
! sufficient TO meet our obligations and
/ leave a surplus in the treasury. For
! eign and domestic trade were greater
| in volume and value than they had
ever been. Forign balances were
| largely in our favor. European gold
was floating toward us. But all this
| is changed. The cause is not hard to
seek. A reaction began when it was
known that the legislative and execu-
tive branches of the government were
to be Democratic.
WHAT SHOOK CONFIDENCE.
THE Democratic party had at Chi
cago condemned the protective tariff
plea as unconstitutional: and solemnly
pledged itself TO the overthrow and de-
struction Of the Mckinley law and
to the adoption OF free trade as the pol
icy of the United States. This bold
aggressive attack upon the long set
/ tied policy OF the Republican party
bore its natural fruit in shaken conf
dence; unsettled business. and we were
soon drifting against the rock Of de-
struction. Before the work OF demo-
Ation had actually begun. a run was
started upon the treasury reserve
which the Republican party had wisely
accumulated for the protection OF the
| government credit. The drain upon
| the reserve for the redemption of
greenbacks and treasury notes greatly
surpassed all prior experience and en-
/ phasized the discredit into which the
| Democratic administration had fallen.
An utter want of confidence in the ad-
l EinlStration possessed the people.
The Democratic party was harnno-
NOUS upon one subject and that was
/ the destruction of the Mckinley law
! But when they came 10 the exercise Of
/ the creative faculty. the enactment OF
/ a great revenue measure in its stead.
/ there was discord. The imperiled in
| tereSts of the country watched and
! waited through long and anxious
months for some settlement of the i'm
| portant question. They wanted an end
| Of uncertainty. Al length the Wilson
| bin was adopted. and II was character
| lied by a Democratic president as the
! child OF peffidy and dishonor' II was
/ 50 bad that he would not contaminate
| his hand by signing. 4 bin that was
! toe base for Mr.. Cleveland 20 approve
1 is too rotten for the approval OF the
American people.
This important law was wanting in
the primary purpose Of a revenue: for
Il failed 10 provide adequate revenue
/ 70 meet the requirements % the govern
| ment. The deficiency thus far amounts
| TO some one hundred and fifty millions
| Of dollars. The end IS not vet for the
| deficiency grows day by day. This
! leaves the treasury and the public
| credit n constant peril. Our foreign
/ credit Is impaired and domestic capital
/ feels insecure
THE WOOL OUTRAGE.
| The sectional favo-itism CT the VII
I son law wss one % tts marked fea lures
/ rs blow at sheep hushSndry was an
Unparionab-e onenss; II was fragrant
| wrong 20 the farmers % the United
| States. This great Industry had dsvel-
ope1 and grown under Republican pro-
) ---.Fr-. fs---- -, 49,