Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1896-08-05
REED ON SILVER.
The Speaker Denounces the Free
Coinage Keresy.
Some sound Republican Truths ON the
Monetary ana Industrial Conditions
OF the Country by the
Maine Statesman-

In his FIRST speech OF the campaign
made ut Afford, Me-, July -. Speaker
Thomas Il. Reed expressed himself very
vigorously ON the money and industrial
questions. Mr.. Reed was heard bv a
large audience of farmers and poll
ticians. and his words created great en-
thusiaSm. The following is the major
portion OF his speech:
III were going 10 give good advice TO the
people of the whole United States I should
take this time TO do IL. Just now there il a
great deal OF froth and foam in tina air
and sometimes is really needful to disclose
clearly To every eye how much OF IL Is the
result OF the temporary breeze which stills
at nightfall. and how little there Is OF that
heavy ground swell which shows that
great elementary forces are at work
How very suddenly all this rush and stir
has set itself into action. Two months
ago no man OF any standing would have
riskcd his reputation as n prophet by hint
INK the slightest doubt OF republican
success. Four years OF actual trial of the
opposition under the guidance OF it's best
and twice-trusted leader has left no
shadow OF question as to public duty. How
ever far the republican party might have
fallen short OF perfection. nevertheless all
men felt that II was the best party Just now
TO draw nigh to FOR whatever Is to be left
10 us OF sound government. commercial
success and business prosperity. on that
We We're all agreed. some of Us who were
democrats, respectfully. for we all hate to
be classed with the unsuccessful. whose
condemnation IL az hand, even IL we gain
by the change: others OF us who were re-
rublicans cheerfully. but without eN-
ultation. for we knew how hard the task
must he TO rebuild out OF the ruins OF the
last four years the stately mansions OF ma
tional happiness. prosperity and self-rc-
spect, wherein our people lived until that
unfortunate election OF 1892
Two months have slipped away-hardly
time 10 ripen n strawberry. much less n
system OF iinancc-and there arc those who
tell US that all things have changed. but
these very men who were being arraycd for
decent burial had burst the cercmcnts OF
the grave. and transhgured by some new
arrangement OF crowns Of thorus and
crosses OF gold. were TO lead ms to a new
happiness. and even repair all the damage
they themselves had wrought.
Now this may be SO. but to me n does
not seem probable. Human experience In
every walk Of life teaches us that those who
nave blUndered will blunder again. and
mat the wisest course Is not to employ "A
snip captain who has not yet emerged from
his last shipwreck. but the safe sailor who
mas never lost "A ship, q passenger or let
ter, hut who has sailed safe through every
sea. He may have loss masts and sails and
even been rudderless for hours. but IL he
mas every time come safe to shore better
nave him than all the laudsmen who are
forever shouting what they can do and
mover dare to tell OF what they have done.
Hoastcrs are worth nothing Deeds are
iacts ana are forever and ever. Talk dies
on the empty air. Better "A pound of per-
formance than shipload OF Language.
Two months ago no man OF any
standing would have risked his
reputation as prophet by hint
ing the slightest doubt OF republican
success. Now there are those who tell us
that all things have changed. This may bc
SO, but To me IT does not seem probable
IL would be unwise, unjust and senseless
70 cohtound the democratic organization
with individual democrats
II we are going TO have a dollar inferior
10 what We have to-day what will be the
erect OF it2 Higher prices. they say Not
Tor everything. If you have 500 I'm the
savings bank to-day, you can get 100 gold
dollars from the bank. If this wild project
succeeds and you are paid In silver Won
VIII get the $780, out they Will be ~. or co
or 40 cent dollars. If YOU have a pensIon
that must be scaled down II Won have n
bond' that goes down too. what you buy
VIII 10 up. VIII wages 20 up too2 Wages
during Sreenhack times measured I'm gold
Ga not go up as other things did They
went part way. but not all the way up and
were very slow about TINT
hat we want Is not more money but
more capital-money always comes with
out capital. We have money now. NOR
than we can use. lying idle We have Just
exported lot Of IL. Money Is the trans
ferrer OF capital. as a hayrack and hors..t
are transferrcr Of hay More hayracI,s
VIII never make more hay, but more nay
VIII require more hayracks and IS sure To
get them. our capital is great. but the
United States is very much greater There
are millions Of square miles and 1900 O0J
OF people and undeveloped riches without
stint But there Is not capital enough %
keep I5.m0,OoO people at work. When are
we the most prosperous? II is when the
1j,OOO.cOD are all at work. and when that
happens We borrow Of the rest OF the world
thousands Of millions OF dollars.
with revenues equal TO our emergencies
undue export Of gold will cease. with the
certainty that the dollar paid will be equa.
TO the dollar lent viii come credit and
confidence. With that other certainty that
We are 10 do all our own work will come tho
earning Of wages, increasing steadily
which is the basis OF that prosperity which
Is alone worthy Of this great nation. the
prosperity OF the whole pepole.
Now. Just as soon as this election 4.
over and the future position Of the Unit.g
States Is assured both u to money and IL
the employment OF our people. capitalize
ready to come to us from abroad and from
our own people. and we shall again be pros.
porous
C/Let not the wage Garner dolude