The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1896-09-30

did not expect the party TO DO utterly bad
had not the slightest idea what the con-
vcntion Of Chicago would do and say In
1896. Since that speech In 1893 we have
had most severe season. When the tariff
act proposed by Mr.. Bryan and his asso-
oiates was presented In the house, IL was
certainly great shock 70 the business Of
the country.
The change was so radical, and men like
Mr.. Bryan were So carried away by their
own eloquence that there seemed no limit
To the possibilities of evil am not here
just now tn say whether that bill was
founded on just principles or not. have
my own opinion, which / propose To ex-
press at the proper time. Nor do propose
to charge Democrats with that bill. The
one that finally passed was . vastly differ
ent one. But the mischief had been done.
The shock had stopped business Men did
not know which way TO turn. Money in
hand Is better than money in n bush es-
pecially when you cannot tell what kind
of bush IL will be-
Then came the income tax, unconstitu-
tional and destructive, declared so by the
supreme court, and then the attendant de-
ficiency. That deficiency has been breed
ing sore ever since. That deficiency and
the way IL has been managed have scared
and frightened our people beyond all rea-
son. What are 100000, 900 increase of
debt 90 a nation so rich that one of its big
railroads on half its line in six months
can lose twice ms much as paid the whole
revenue of good Queen Rcss in the days of
her highest glory and never pass coupon
or refuse dividendY Why has this $780,
000 900 frightened us soY
Because the government has refused
either to raise revenue or TO separate the
deficit from the redemption of greenbacks
We have been frightened by talk of an end
less chain, which could have been broken
like IA pipestem by providing for the Dor
rowing OH short time certificates of In
debtedness, lawful money directly, in
stead of borrowing IL for the gold fund in
directly and thus creating the false i'm
preston of struggle for gold when we
We're only borrowing money TO pay our
debts.
Restore Confidence.
Had the house revenue bills Of last ses-
sion passed congress and become n law
the country, with full hope of Republic
an administration in the near future, would
then have started upward and onward.
But the condition has been peculiar We
have had three cornered triangular gov.
eminent. Everybody has been in the mi
nority, and hence nobody has had any re-
sponsibility, and nobody has been able to
take any responsibility and we have drift
ed sailless and rudderless, but, thank God,
with stout ship, stouter than all the
winds that blow. When next you put that
ship into commission, had you not better
have "A harmonious captain and crew, all
of them men who have been to sea? l
know that the four gentlemen, Messrs.
Bryan and Watson and Bryan and Sew
ALL have been at sea for many years, but
that is different thing.
While do not propose to offer any rem
edy, for have not a powerful imagination
and no powers of description of things
which have never happened, nevertheless
venture To suggest that what has hap
pened will happen again. The past Is for
the wise man the only guide for the flu
ture. What man has done man will do.
What we ought to do is to get back to
the sound basis of mutual confidence. We
have money in our banks. We have cap
ital here in this country, the piled up rich
es of ii years of prosperity The capital of
all the world Is waiting to be our servant.
We are today richer in all those things
which satisfy human wants than ever in
our history. Were capital free to operate
we should march resistlessly. We have
skilled labor to which we can pay just
wages Our crops Of wheat and oats and
corn and cotton will be immense.
We have paid off great debt TO foreign
nations by purchase of our returned securi-
ties, and our absorption OF them on a fall
ing market deserves the wonder of the
world. OF facilities TO manufacture goods
we are full Look at the Sunday newspa-
pers. What tons Of paper we can furnish
every day We can make all things cheap
er than ever before and more of them. What
shall we do? Pursue our old course of
laundering, shock business some more,
or shall we set capital in motion? But
how shall we set capital in motion?
We must restore confidence. How can
we restore confidence? First Of all by put
ting anarchy down and all manner of dis
turbance. Peace and stable government
are the first necessity. This Is borrowing
and lending world. That Is fixed fact.
No amount of denunciation of money lend
ers, no wild talk about Wall street, which,
by the way, Is the greatest money borrow
er in the world, will ever put down that
fact Enterprises are carried on by the
united confidence of men Of money and
men Of brains Bring this thing home to
yourselves and then you will understand 1t.
If you had money or any other capital
you had earned yourself or your father had
left to you, or even any you had won In
the luck of a lottery, would you let 1t out
to body on earth who was liable to give
you back only half of 1t and want to call
it square? How would you, my farmer
friend, like to let your farm to a fellow
who by law might turn your story and a
half house into shanty, spread sand over
your arabic land and burn up your wood
lot and then hand it back to you disman-
tied and half ruineds How quick you
would invert such a fellow. Well, the man
who has capital TO let besides farms has
just as much sense as you have.
The first thing he wants to know is,
Will he get his capital back? This same
idea fills the mind of the business borrow
er. If Jordan of Alfred puts his property
into the forest and makes lumber and sells
1t on credit, he wants to know that he
will be paid in as good a dollar as he put
into the woods. Else why should he put
dollars into the woods at all? Now 1 put
1t to you as men Of sense, plain men OF
sense, would you lend money If you had
1t to any man or set of men or any ma