Pine Bluff daily graphic., 1896-08-26


 gether, when they all have faith in each other, then prosperity reigns. After prosperity reigns for sometime longer or shorter, men think that hard times are permanently done away with and get wild and overprosperity sets in. Then some wise men, carrier than oth- CTS, see that the world cannot absorb all that IS made, cannot permanently SUD- port all the enterprises which the over confidence Of men hes set in action and begin to doubt, to refuse discounts. to hoard money and call halt to specula- tlons Then distrust sets in and hard times follow. While we are climbing out Of our troubles we suffer.
 ''In 1883 we had as great crash as we had in 1873 All the world went with us, but for special causes we have gone further and for us 1t is longer way back. h 1892 we thought hard times had been banished forever; we were sure that work and high pay were neyermore 10 be separated But we were mistaken. The election of 1892 was q great misfortune. It may be We would have had Il collapse then; no one can be quite sure. But if we had been in skillful hands we should never have gone so far CT suffered so much.
 When the Sherman law was strug. gling to be repealed the Democratic press and even some Republicans told Us that the repeal would be the final remedy and business would revive. I never shared that belief on the con- trary, just three years ago, lacking two days, while 1 was conyersing with good Democrats l took occasion in the pres ence of 3000 men, women and children, to declare that the repeal of the Sher- man law was only one step ill the on ward march since then many bad things have happened plunging us deep. CT i'll the mire. In that very discussion 1 told the Democrats that did not ex- peet the Democratic rule to be utterly bad But 1 had not at the time the slightest idea what the Chicago convon- tion would do or say in I896 Since that speech ill 1893 we have had severe lesson When the tariff act proposed by Mir Bryan and his associates vas presented i'll the house, 1t was certai~ ly great shock to the business interests of the country The shock had stopped business. Then came the income tax, unconstitutional and destructive, de- elared so by the supreme court and then the attendant deficiency. That de- fieiency and the way it has been man. aged has scared and frightened our peo- pie beyond all reason. Why has this $400, ,000, 00O frightened us so? Because the government has refused either to raise the revenue or separate the deficit from the It lemption of greenbaeks
 Had the house bills of the last ses- sion passed congress and become law the countr, with full hope in Repub- lican administration in the near future, would then have started upward and onward.
 "We must restore confidence How can we restore confidence? First, by putting anarchy down and all manner of disturbances. Peace and stable government are the first necessity. This is borrowing and lending world. Nc amount of denunciation of money lend CTS, no wild talk about Wall street, which, by the way, is the greatest money borrower in the world, will ever put down that fact. Enterprises are carried on by the united confidence of men and money and men of brains.
 Remember that this contest today is not between bimetallism and monomet- allism. That subject would bear dis cussion. This contest is between silver monometallism which we have not and gold monometallism which we have. That subject will not bear candid dis cussion. This contest also is not be- tween the east and the west There can be no such contest Our interests are identical. With their growth comes our growth. We cannot go on alone We have sent our children there; our money is there. No misfortune can happen to them that does not happen tn US. Every wise man agrees that beyond the Mississippi lies the great wealth of days to come. In the development of this wealth we are all interested and we, ill the east, are not the unwise men to b lieve that we are not concerned ill the progress and future of the west. Unfounded sectional differences a-e without excuse and it will be woe toI those who try to foment them. The west is too vigorous not to find out the truth and it is too valient not to follow (