The Somerset reporter., 1896-08-13

which has happened When told you two
years ago what we Republicans would do
II chosen, | drew no fine picture, but sim
ply said to you that all we could do would
be to prevent evil That we did, and 1t
takes IA good deal of sense sometimes to do
no evil We tried to do better, and had
the Democrats from the north risen above
party for good as the six silver senator's
sunk below party for evil the revenues Of
this country would have been equal TO it's
expenditures, and we should have been
two years nearer prosperity.
Greeting you this time with the same
frankness, | AIN bound to say that the evil
which has come to US by an unwise revi-
sion of the tariff has been greatly aggrayat-
cd by one of its OBSERVATION-DISCLOSURES loss of
revenue Had there been no deficit, then
800, 900, 600 of borrowed gold would have
carried US through the crisis safe and
sound. AS it was the constant drain OF
the deficit. continually COMPOUNDED with
the redemption of gold, has 40 afflicted the
imagination OF our people that confidence
cannot commence to be restored until our
revenues equal our expenses.
The New Cure For Hard Times.
Periods of depression are common to the
human race. Doubtless you and think
that il we had had the world TO make we
would have had human progress arranged
on continuous upgrade ten feet or bet
ter to the mile But God knows human
nature more perfectly and knows we could
never stand such monotony and must go
up hill and down dale But while depres-
sions are common they have their aggra-
waiting causes which must be removed
Then, when confidence comes, prosperity
follows. How l think that can be reached
will tell you soon.
Meantime let US see what is proposed by
those gentlemen who within the last two
months have discovered IA new cure for all
the ills flesh is heir to and who proclaim
as they did four years ago that they alone
hold prosperity in their grasp
Their remtdy Is the coinage of silver at
+ 10 to l. What does that mean
Heretofore whenever gold and silver have
stood together it has been at the market
value. When we tried to make gold and
silver circulate together we have always
married them according to their market
value. Today we find them not 10 to /,
but 81 10 /, and Ave are going, they say, to
lift silver 10 twice its value, not by the
universal sense of mankind, which alone
makes values, but by the statute of the
aiissSA t7peatcot SAilHAS hRhlhat
ciyilised world
Why should the United States try to do
this slone9
If the decentralization OF silver is dis
ease at all, 1t is a world disease | defy
anybody to find single argument which
proves that the characterization of silver
would be good for the United States that
does not prove that it would be good for
the whole world II 1t is world disease
how can 10 be reached except by world
rsmsdy' International bimetallism l can
Understand, but this driving out of gold
and substitution Of silver Is only silver
Recommendation for the United States.
1t Is not h.netailism for the world and
q stable currency, but the shifting from
gold currency and civilized Europe and
going over TO silver and Mexico, Japan,
India and China Oh, but China and
Japan, India and Mexico are prosperous
/ just now Yes, but what kind of prosper
itys The prosperity of cheap labor, grow
Ing cheaper every day Manufacturers
there may be prosperous and traders may
be prosperous, but the people are not pros
porous at oil. Up here In Maine and New
Hampshire paper pulp Ia made cheap.