Omaha daily bee., 1896-10-13
MONEY DOES NOT MAKE WORK
Major Mckinley Explains the Country s
Troubles to Workingmen.
FREE SILVER CANNOT HELP THE LABoR:R
II All silver In world Were coined
Country Would lie No ncttcr
ON iT ~ Did Not
Circulate.


Circulate.
CANTON, o.. Oct 12-Thc FIRST Of the
two delegations announced for today came
in on a special train Of eleven coaches
which reached here shortly before 1 o'clock.
The party cane from Roscoe and the
Monongahela valley Of Pennsylvania and was
made UP OF citizens representing the vari-
Gus interests of that locality. They were
very enthusiastic and organized into march
ing clubs, mostly uniformed. Bands and
colored glee club furnished the music.
owing to rain the delegation was taken 10
the tabernacle, where Mckinley responded
to the intro luctory address Of the venerable
George V. Lawrence, eX-member Of con-
gross and an octogenarian.
In the course of his address, Major Nc
kinley said:
western Pennsylvania is filed with many
proud and historic memories. 1t registers
the birthplace OF that splendid parliamen-
tartan and gifted statesman and great cocre-
tary of state, James G.. Blaine. 1t is very
gratifying to me to receive from the hands
OF the Fayctte club this beautiful cane, made
VI tilC WObtN VI MI blslAAlV y h'''' '''
he was born at Brownsville and l
assure you that it shall always D.
preserved and kept in my family az
a precious souvenir You are fortunate, too
in having at one time among your citizens
OF Fayette county that illustrious nnanclef'
Albert Gallatin, who became the hrst sec
retary of the treasury under Thomas @jeL-
fcrscn in 1901 and who filled that great OIL
fee twelve years and is known in the his
tory of our country as one OF the greatest
secretaries we ever had, ranking WIN Alex
ander Hamilton. 1t is said the first roGo-
luton he introduced as congressman in the
national house OF representatives was reso-
luton inquiring about the condition OF the
treasury-a resolution which is not needed
at this time. He was distinguished Tor
having insisted that the revenues OF he
government should be adequate at all times
to meet the public expenditures; and one
Of the greatest monuments he left is that
during his administration as secretary OF
the treasury he reduced the national debt
from $50 600 600 i'm 1902 to about Slo,OoO,OvO
In 1912. 1t was his proud boast, when he
made his report to congress, that this won
derfu reduction of the public debt had gone
on without resOrting to internal taxation,
either direct or indirect. but that this vast
sum of money was provided for by duties
upon Imports
TREASURY NEEDS MONEY.
This bit of history suggests the cond-
,o. of our own treasury and the condition
OF our own people. For three years and
half the government has been borrowing
money to live upon, and the people have
been doing likewise very largely. We want,
my fellow citizens somehow to stop that,
both as to government and people. We may
not be able to do 1t at once-when we are
sick 1t takes a long time to recover our
normal vitality-but there ought to be no
question that 1t rests upon the American
people and those in charge OF public af-
fairs to adopt some policy, and that right
speedily, which would first provide enough
money to run the government OF the United
States We ought not to issue bonds In
time Of peace, except to preserve the credit
and honor OF the government That opens the
question as to what policy Will save
us from that "a voice: Protection policy.'D
| adopt the suggestion. | do not know OF
| anything that will do 1t better than pro-
lection for II is a proud fact in American
history that in al the years, at least for
the most part, under which we have had
protective tariff we have always had
ample revenues to conduct the expenses OF
tho government. Now that policy wisely ana
judiciously applied in public law Is one of
the first and most important acts for the
people to perform. They cannot perform 1t.
however. without a republican congress and
q republican administration The only power
that can make a protective tarin congress
resides in the American people and the only
power than can make protective tarih ad-
ministration resides in the American peO-
pie. By your ballots three weeks from to-
morrow you, in conjunction with your
fellow citizens in every part of the country,
will determine whether or not that policy
shall prevail for the next four years What
will your answer be, men of Pennsylvania?
Cries of Mckinley and protettOn.D My
fellow citizens | am in favor of that policy
for another reason. Because while 1t
provides adequate revenue for the govern
mcnt II encourages the Industries and &C.
Cupations of the American people. There
is a notion in some quarters that we need
to bring about prosperity with free silver.
| do not believe il would be any freer under
free coinage than ii is now. There would
be just one way for the worklngman to get
II and that would be to earn 1t. There
would be Just one way for the farmer to get
1t and that would be to sell his products.
There would be just one way fer the mer-
chant to get it-a good old-flshioned way
which would be to sell his goods over his
counter and give something for the money.
That Is the only way you could get 1t II
we coined all the Silver in the world.
DOES NOT MAKE WORK.
Besides. did 1t ever occur TO you that
money does not make work? Work makes
money. There is just as much money in
this country today there was from 1870
to 1890 and more: but what is the trouble?
Cries of "No work" mo work'D. Yes
no work. Ii 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 20
he earning something and the only reason
he does not put 1t out now Is because he is
afraid he will never get 1t back or will get
1t back in a deprecated currency. And when
he does not put 1t out and 1t does not cir
culate, then there is no work. When you
have idle men and idle money, distress and
suffering prevail
"Now, do not know what you think about
It, but | think you cannot have money too
good. When a miner has performed weeks
work. do not know how long 1t has been
since he has performed full weeks work
when the miner in the mines and glass
blower in the glass works and the working
man in any occupation has performed his
weeks work and has his weeks pay, that
weeks pay represents the value of his la
Dor for six DAYS. does it not? Cries OF
Yes, yos"O Well. now, does he not want
the money so received to be the best in
the world? Great applause and "Sure,
surenO Does he not want that which rep
resonts his six days work to have as much
purchasing power as any money anywhere?
And when you have received dollars worth
100 cents in purchasing power you want
to know that they will not lose but keep
that 100 cents worth OF purchasing power.
That is the kind OF money we have now,