The San Francisco call., 1896-10-13

statesman and great Secretary of State, James
G. Blaine. EGreat cheering.l
1t is very gratifying TO me to receive at the
hands of the Fayette Club this beautiful cane,
made from the wood of Mr. Blaine's $ home in
which he was born, in Brownsville, and as
sure you that it shall always be preserved snd
kept in my family as a precious souvenir.
[Cheers.l You are fortunate, too in having al
one time among your citizens of Fayette
County that illustrious financier, Albert Gal
latin, who became the first Secretary of the
Treasury under Thomas Jefferson in 1901, and
who filled that great office for twelve years,
and is known in the history of our country as
one OF. the greatest Secretaries we ever had,
ranking with Hamilton. [Great applause.
He was member OF your Legislature
from Fayette County, member of the
National House of Representatives from
Western Pennsylvania, ior a brief period in
the Senate of the United States and then elect
ed to fill the office of Secretary of the
Treasury. 1t is said that the first resolution
he introduced as Congressman in the National
House was a resolution inquiring about the
condition of the treasury-a resolution that is
not needed now. [Grest laughter and ap-
plause.] He was distinguished for having al
ways insisted that the revenues of the Gov
ernment should be equal at all times to the
public expenditures; and one of the greatest
monuments Ne le1L is tnat during MS admin
1stration as Secretary of the Treasury he re-
duced the National debt from $50 900 600 in
1902 to about $45 900, 900 in 1872 1t was
his proud boast, when he made his report to
Congress, that this wonderful reduction of
the National debt had gone on without resort
ing to internal taxation, either direct or indi-
rect But this vast sum of money was pro-
yided for by duties upon imports. lCheering.l
After speaking at some length on the
tariff Major Mckinley continu ued:
There is just as much money in this country
to-day there was from 1870 to 1890 and
more. But what is the trouble? [Cries of aNo
WORK, no work.''l Yes, no work 1t is work
that puts money into circulation. Money does
not want to be idle any more than labor wants
to be idle. The man who has money wants
that money to be earning something and the
only reason he does not put it out now is
because he is afraid he will never get ii back
or get it back IN depreciated currency. And
when he does not put 1t out and it does not
circulate then there is no work. Applause
When you have idle men and idle money dis
tress and suffering prevail.
Now do not know what yon think about
it, but think you cannot have money too
good. [Applause.] Wnen q miner has per-
formed weeks work-I do not know how long
it has been since he has performed full
weeks work-when the miner in the mines
and the glassblower in the glass works and the
in any occupation has performed
his weeks work and has his weeks pay, that
weeks pay represents the value of his labor
for six days, does 1T not? Well, don't he want
the money he receives to be the best in the
world? Does he not want that money to have
as much purchasing power as any money any,
where? Answer when you have received dol
lars worth 100 cents in purchasing power you
want to know that they will not lose, but keen
that 100 cents worth of purchasing power.
Tremendous cheeringl That is the kind of
money we have now, and that is the kind of
money we propose to continue TO have.
/ believe, my fellow-citizens, that with this
returning confdence-and confidence is half
the capital of the world-money will come out
from its hiding place, be invested in enter
prises all over the country and put all idle
men to work [applausel and so believing, 1
stand for that policy which will most surely
restore confidence. Now, having said that
much, desire to thank the giassworkers for
their gift which / highly value-for anything
that comes from the hands of labor is always
cherished by me. Tremendous applause.l
There is nothing, in all this contest, that has
given me so much satisfaction and encourage
ment as to feel that have the workingmen
standing for the cause / represent. thank
you all for this call and wish you pleasant
visit here in Canton and safe return to your
homes. [Great applausel e