Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1896-07-31
KeynOtes from EIkin's Speech.

G.Or.iying PrO,ecIon. MI. T. ''SSV' -
thai our national wealth increased IL
SO years PSI per cent.
The ave has not one particle Oh
trr-h I'm it. and | defy Mr.. Elkins ON
any cCher man TO prove 1T from the
record.
Ir $ assumed TO be taken from the
csrsus r5uor.s OF 1860 and 1890, but II
is fraud. No report OF the t0-ai
wealth of The United States was ever
taken for 1860. Below is the record:
Taxed property. lSs9 ., 90, o., ~, ooo
As -sal value. .S--'V>t'yoV'uVo '-i'-i1'''.''''
r9xe,l p S.,, 1873. $4,000 S2ss3,oooooo
Wealth aiding ..., ..,, c,,
t.o-aNs5 propy No report o-o ~ 'y''','9
Ia both periods about One-half OF the
wealth of the country was un;3Xed. ana
Mr. Elkins fraudulently compares the
total taxable and uu,aXed wealth OF 1891
with the One-half Of the total wealth
of 1850, which was taxed, entirely g
noring the other half of The wealth OF
1860. which was untaXed. and not N
cluded in the census report.
The only comparison from the cen
sus which can be made is the taxable
wealth OF 1860 with 1890 which gives
100 Der cent. increase over 1860, instead
Of PSI. or a per capita of $5l4.CO for 1860,
and of $4,000 for 1890. A relative IN
crease wealth OF 40 of 1 per cent III
90 years under protection.
PROSPERITY.
"Up TO the presidential election Of
1902 nrosperitv reigned throughout the
country" Mr.. E,kins has evidently
never heard of the six years panic and
hard tines Of 1873 10 1879, for which
mis- party is solely responsible, nor the
panic of 1890, right on top Of the Nc
Kinley bill, which required an eXpan-
sion Of the currency throughout the
United States treasury Of lOOOOOO0O OF
dollars. in order to relieve it. Below are
vna headlines from the Manufacturers
Record. describing the panic a few
months after the Mckinley bill went
into effect. January 1891, \ Great Pan
Business Men Failing-D.srust
rywhere-Furnaces Out of Blast
No Demand for Steel Rails-Railrcads
Fighring for business -AgriculJural EX-
ports Small-New Failures Every Day
Stocks Decl.ning-Ca Capitalists Afraid
No Confidence in Anything Outlook
Dismal BeyOnd DeScripiOn-and the
Mckinley bill pOwerless to remedy.
More money was The only relief. The
panic Of 1873 was relieved only by more
money. and the bankers Of New York
in 1873. got themselves out of the hole
by th.rty-siX millions OF clearing house
ccrldca IS, but LEFT the people to the
tender merCies Of contracting currency.
where We now are, and Mckinley and
his bll. would be as pOWeIGeSS now as
in 1873.
Relatively. the fiscal year, 1892, was
the famine in Europe. which created
such a demand for our wheat and corn
and -four, at prices nearly 30 per cent
higher than in 1890 and 1891, that the
farmers were prosperous. and as a con-
sequence al business improved.
This is proved by the report OF corn
AMI wheat products, which for jhe fiscal
wear 1891 were SIPS. 900 900. fer 1892,
S299 GOO goo. an increase Of agriculUr-
al exports Of S171 600 600. due solely to
famine in Europe. not Mckinley in the
United States. This is further proved
by the fact chat an other exports fell off
So ooo5 "a 1Ss- e ow 1891.
d 1lve l.ur how the prosper
ity ae r-uEL SIS upon the far
me not UUclfM -Niriey. Make the
farmer prosperous and the whole c0un-
Try is prosperous.
GREENBACKS.
Mr.. Elkins claims great glory for the
Republican party for bringing rhe
Greenbacks UP 70 par. Pray tell us, Mr.
Flkins whose disgrace was it that they
declined to forty cents on the dOllar
and thereby swiudled the government
of 81 500 coo Geo fcr the benefits OF bank
ems and bond holders? The Republican
partvl The first issue Of Greenbacks
$50 GOO 900. were receivable by the gov
eminent for an dues and taxes, and le-
gal tender for debts. these all went
through the war al par with gold.
Four hundred and fifty millions sub
ysaquenly authorized by Congress were
not receivable by the government for
custom duties. and declined TO forty
cents on the dollar.
The Republican party thus diScredit-
Cd our own paper, and then gave 100
cents i'm bonds for 40 cents in Green
backs. and now claims credit for such
performance.
The Cleveland pot is black enough in
all conscience. on This bond question,
but the ten fold piJchy blackness Of the
Republican ketJle, on the same question
calls for a Lt,le mOdeSty.
Under general results Mr.. Elkins
brings out the old chestnut that prOJec-
Uon has reduced prices.
If protection is the cause Of the gen
eral reduction Of prices. then good Lord
deliver us from any more of il; for right
here is the ruin of farmers and all pro-
ducers. and right there, is the ru.nous
condition of the whole country. Stag
nation I'm business. panicS. hard times.
bankruptcies. etc, are all due to low
prices There IS no comfortable living
40 ANYBODY in any branch of production
or business. because Of low prices, which
Mr.. Elkins says are caused by protec-
tiOn. Whoever, therefore wants lower
prices and harder times, ought to vote
for Mckinley. and they VII surely get
the harder times, for if protection fails
10 make them worse, the sold standard
surely will
CONSUMPTION OF WHEAT-PRO-
lection As AN APPETIZER.
Mr. Elkins' report on the cOnsump-
tiCn Of wheat, is as far from the truth.
as on o,her points. RE claims in 1892
that protection was such an appetizer
that we are so per cent. more wheat
than i'm fSQ5 l- on bushels uar car,ft,