The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-08-26

ear of labor that capital was getting
too much and labor too little, and that
if we could eat OF the tree of free trade
we should all be more happy. rich.
prosperous, and that the industries of
this country should not surely die. Our
people listened and were beguiled.
They gave this government over to the
Democratic party. AS soon as the re-
suit of the election in November, 1892,
was known. all thoughtful men in this
! country and abroad realized that a
party would come into power pledged
TO
A TARIFF FOR REVENUE ONLY
and pledged to the repeal Of the Nc
Kinley tariff law. No man could tell
what the new law would be. Doubt
as to tariff then bred disaster and at
once, precisely as doubt with regard to
the currency breeds disaster now. The
paralysis in production and business,
which began with Democratic success
in November. 1892, has continued I'M
til now. The Republican garden of
Eden of 1892 has been changed into
the Democratic desert of 1896. These
things being so, the Democratic party
now comes to this people and says:
Our free trade cure-aIl was a failure.
You are not as busy, as prosperous and
as happy as you were four years ago.
But the reason is that we did not then
understand your case correctly. We
admit the free trade alone cannot cure
you. But you are wretched and poor
and unhappy now, simply and alone be-
cause you have not enough silver dol
lars. We blundered then about free
trade, but we are dead right now,
about free silver. To be sure we nearly
killed you Their, but give us another
chance and we will cure you
IDLE TALK ALSO.
What idle folly. If Democracy was
wrong in 1892, why should we hope
that Democracy is right in 1896? The
Democratic surgeon then found the
patient we'll, and yet he cut off the
sound leg of protection. Now, when
the patient is hobbling about on the
other leg Of sound money, Democracy
proposes to help her gong by Gu ting
off that leg also. The Democratic
theory is that a man with no legs can
walk better than with two or even than
with one. 1t is nonsense, and 1 believe
the common sense Of this people will
see it before next November Conf
dance is the first necessity Of industrial
success. No man today dares TO put
one dollar into any new venture, be-
cause he does not know what he will
get, nor what he shall make, nor where
he can borrow, should his own means
run short. No new industry is being
organized today Worse than this, the
concerns that have managed 10 live
during the depressioM of the last four
years are today giving up the struggle,
one by one,
WEARIED AND WORN OUT.
Each day brings us tidings of mills
closing and factories shutting down.
And yet this mad crusade for free sill
yer is being preached against credit
and labor, and the working men and
the farmers are being urged to unite in
a policy that must close the mills and
lock the factories and involve employed
and employer in one common ruin. 1t
is political insanity.
1--WE had our candidate at st. Louis,
a candidate whom we honored and
whom we followed Loyalty and faith
fully to the end. When the convention
decided against US, we accepted that
decision with the same loyalty and
fidelity William Mckinley is our can
didate and will be supported with alb
solute sincerity and with absolute
unaniTnity Just as the men Of New
York who followed William H. Seward
at Chicago in 1860 came home and car
ried New York for Abraham Lincoln:
JuSI DIS lllG I1el VI NEW OIh VIII WGlS
of the Spartan band of 306 who stood for
Ulysses Grant in 1880 came home and
carried New York, for James A. Gar
field; so today, in your name and by
your command, pledge the Republican
party to the loyal and faithful support
OF William Mckinley, and we will give
this state to him and to the Republican
cause of protection and sound money
by great and sure majoritieS which no
H.
ber.''
GUYED BY THE GALLERIES.
General Woodford was interrupted at
frequent intervals by facetious remarks
from the galleries. He finished his
speech at $40. He called for the re
port of the committee on resolutions
Lemuel Quigg of New York read the
report as follows
The allied Democratic and Populist
parties say that their success will lead
a. once to the free coinage of silver.
The Republican party says that the
present gold standard must be main
tanned, and that the way to recover
our lost prosperity is to return to the
wise industrial policy by which, under
Republican rule, prosperity was
achieved
THE attempt to make an ounce of
SOlQ equal III value W Oilly SlALSSu
ounces when it is now worth thirty is
hopeless and absurd. The United
States could neither take nor use one
half the silver that a free coinage law
would bring to their minis. This fact
is SO plain to the world of commerce
and business, that the mere announce
nlent of the success of the Democratic
party would send gold to a premium,
drive debtors into cruel liquidation and
cause a further withdrawal of capital
from investment and a further suspen-
sion of industry
A MISERABLE SUBTERFUGE.
mo injury could be inflicted upon
trade and commerce, no fraud perpe-
tl-ated upon labor, no shame visited
upon the national reputation more
hurtful than would be the enactment
of a law compelling, the people to &C.
cept in the payment OF debts a coin for
81 which they could spend for not
more than half that sum.
To allege that our stock of money is
now sufficient for the transaction of |
business is mere assertion, but if it
were true the evil it implies would not |
be cured by g. law, the first and inStan- |
taneous effect of which would be to +
drive out of circulation our entire sup
ply of gold money, more than one-third i
of the whole. The employment of all |
the minting resources of the govern I
ment in the coinage of silver dollars
only could not, in a period of fifteen
years, make I'D for the deficiency of I