The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1896-09-08
that 1t takes two fellows to run for
Vioe-President with him. (Appaause.)


General Grosvenor said he was present
TO condemn any man who, foa any pur-
pose, would try to array one class
against another. We are slumberiuo
over the embers of great trouble in this
country. The communistic elem en- es
are active in this country. And now we
have representatives of the old New Eng
land stock. who join In with the horde
who condemn President Cleveland for
UNFOLDING order by sending troops to
auell the riots of Chicago. The speaker
said that he had criticized President
Cleveland for many of his official acts,
but he would alwaysgpraisesthe sturdy
courage of the Chief Executive, who
OVERRIDE the Anarohistio governor of
Illinois and sent troops to quell the riots.
They had accused Bryan Of being an An
arohist. That was iprobablJ not true;
but it was true that every Anarchist
wonld vote for him this year, whilelnot
a single Anarchist would vote for Tom
Reed or.William Mckinley.
The speaker then reviewed the prosperi-
ty Of four years ago and compared them
with the present hard times and despair.
In 1892 the Democrats came and said :
"Put US An and we will overthrow this
robber tariff and make you happy and
prosperous"
And now you come forward and say:
''You put ms In four years ago, and
hard times and distress have followed
our remedy. But we have found.a new
remedy, and If you will put US in four
years more we well try it and bring you
out.'
Then 1t was free trade; now 1t Is the
free and unlimited coinage Of silver.
If a doctor should come into your FAM
lily and after having killed one child
with his medicine, should admit the
fact, but should say that he had new
medicine which EwouM bring the other
child out all right, you would kick
him out Of ths door.
General Gfosvenor then proceeded to
discuss the silver question, showing the
fal)acy Of the theory that the prices of
farm products had fallen with the price
of silver. Wheat had fallen because of
a great production. But how was it
with coheessa nd other articles which had
not fallena They tended to prove the
reverse Of the proposition of the free
silverites.
General Grosvenor said be would give
another fact upon which he wished his
hearers to ponder. Between 1899 and 1894
the amount of wheat consumed in this
country fell off 30 per cent. The admin
istration now in power had actually de-
creased the amount of fooo. CONSUMED. 1t
had also decreased the amount of man.
ufactured goods consumed. This, and
not silver, was the cause of the hard
times.
The claim Of thesssilver Eparty that we
are now suffering from the act Of 1878
calls to mind the old couplet:
"Soon as we draw oursinfant breath
The seeds Of sin grown up tosdeath."
But ID WINS too absurd to believe that
the nation prospered SO gloriously as it
did from 1878 to 1892, while all the time
there was in its system of finance fatal
stab from which Ii ia now claimed it is
suffering.
There are two great considerations in
national money: First, there ought
to be money enough to do the business
Of the country. There must be enough
money now, since there Is much idle
money. We have more money per capita
than any other civilized country, save
one. Yet 93 per cent of the business of
the country Is doEe by checks and not
by money. We have 25 per cent more
money now per capita than we did
when the crime of 1879 was committed
And it is to be noticed that 1t is in
the gold standard countries where there
ia the most money per capita. In Mexi-
tries, there ia only 81 per capita, Whine
with as there is s2a. In China and Japan
there is only 50 OF sS.
Yet Mr.. Bryan asks us to adopt as an
American system, what after all turns
out to by Mexican or Chinese. would
as soon adopt the Chinese system as to
rats. (Lauahter.)
The second consideration is that the
money of the United States should be
as good as any money in the world, and
that there should be no two kinds OF
money as far as relative value is con.
cerned.
Our present currency meets this re-
quirement also. 1t is good everywh
in the world, and any kind Of it Isl as good
as every other.
And this Is the end of the chapter. I'm
der our present condition there is money
enough. and it is good enough.
General Grosvenor went on to show
how this would not be SO under free
coinage.
nEEDTNN