The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1896-10-07
M'KINLEY TALKS SENSE
Sound Arguments for Sound
Money to Indiana
Voters.

CANTON, O., Oct. Z. 1s9s.-The first Me-
Kinley Club organized in Indiana arrived
in Canton at eight o'clock this morning.
having been on the cars since yesterday
noon An hour after reaching Canton.
the members of the club called on Major
Mckinley. A. B. Jenkins of Goodland, the
town from which the. Indiana visitors
came. made short address, introducing
the club to Major Mckinley. The mosn-
ing was raw and a sharp wind from the
northeast blowing and whirling the leaves
across the Mckinley lawn, but the Indi-
anians cheered in a manner which indi-
Gated that temperature in no wise affect
ed their enthusiasm. After Major Me-
Kinley's speech a glee club sang a mum
ber of humorous campaign songs. Major
Mckinley spoke as follows
My Fellow Citizens-It gives me very
great pleasure 10 meet you here at my
home tbs morning. 1t is always dis
tlnctlon to have political organization
adopt ones name. 1t Is especially graft
Tying to me to be assured that if you
were not the first club in the United
States to give me the honor, you were
certainly the first in the State of Indi-
ana and / thank you for it.
We are engaged this year in great
HdllOudI Contest, the result OF Wnicn VIII
determine for years TO come the public
policies that shall govern this country.
Government is always an interesting
study. There is a good deal of misun-
derstanding as TO how government gets
its money and as to how it pays it out.
There are some people who seem TO be-
lieve that the way the government gets its
money is TO make it. The government
it in no other way. There are three or
four sources from which The government
of the United States gets money. The
sources of revenue are through tariffs
ment gets some money from the sale Of
its public lands and from its postal ser
vice. and from these several sources
there comes the money that is annually
required to meet and discharge public
expenses. 1t takes about four hundred
and thirty millions of dollars a year TO
conduct this government One million and
one third every day are required to keep
its wheels in operation
Now, if the government had power to
make money, as some people believe, or
had the power to double the value of
thing by It's stamp or fiat, it would not
need to resort to taxation. 1t would
simply set its mints to work and make
the necessary money to pay its running
expenses. 1t could have paid off the ma
tional debt long ago in this way. Thera
is another thing I would have you all to
know, that the government cannot get
gold or silver except through the Gus
tom house or the internal revenue office
or from the sale of public lands without
giving something for it just as you and
have to give something for it, if we want
gold or silver or paper money. Now, how
does the government distribute this mon
ey? Somebody asked me that question the
other day. How does the government
d stributes its receipts its annual re-
ceipts. by an appropriation of Congress
to its creditors That is the
way the money of the government is
At tt.sf xtA] fr1 Il lse-tx
payment Of the army. the navy. public
improvements, river and harbors the
great postal service of the country, the
Congress, the Judiciary, the interest on
the public debt and the principal of the
government bonds and the pensions of
soldiers and to the other creditors of the
government, and there is no other way for
the government to distribute any money
it has except to the people it owes.
There is no such thing as a general dis
tribution (of money by the government
I want 20 make in the little talk
/ give you this morning is that the gov
ernment does not create money, cannot
create money, and whatever money it
needs, it has got to collect from taxes
on its people, either by system of di-
rect taxation or by system of indirect
taxation, known as the tariff. And If the
government wants to have any gold or
Silver minted for its own use it has got
to pay for that gold and that silver, just
as you and l now have to pay for it If
we. want 1t for our purposes. (Appiause
and a voice: Nothing without labor.")
The idea that the government can
create wealth is a mere myth. There is
nothing that can create wealth but
labor, as my T friend puts It !. here on my
Labor. Now, as to the better way to get
this money is one of the serious ques-
tons in this campaign. how is it easiest
government the 600 dollars annual
ly. Is it easier to raise 1t by direct taxa
tion, taxing the people in their occupation,
their property, their land, or is 1t not
better to raise it by putting a tax upon
the foreign products that come into
this country to seek a market in
rights. And that is the policy and pur-
pose of the Republican party. They be-
lieve that the bulk of the money required
to pay the expenses Of this government
should be raised by putting a tax on
foreign products that come into this
country to compete with home products
(Cheers} Why, If we could create money
by merely starting our mints TO running,
then there would be no use of taxes
Now there is another thing we want
our money good. (Applause.) / don't
whether we are working in the shops or
on the farm or in the professions. we
want every dollar we have in circulation
as good as our flag tapplause). And as
country in the world And
that's the purpose of the Republican
party today and we intend to support this
government by taxes upon foreign imports
and thte Internal revenue we have now
got and we intend to have enough rev.
enue, If the people give us the power,
we intend to have enough revenue in the
public treasury to pay our bills. Cap
plause.) The government is just like
an Individual, when he has not got enough
income to pay his expenses, he has got
to give his note and raise some
money to do 1t or quit business,
and when the government Of the
United States has not got enough rnoaey
to pay It's current expenses the only way
to get it IS to do just what the citizens