Marietta daily leader. (Marietta, Ohio) 1895-1906, 1896-10-13
+: The Republican Party stands
I: for honest money and the chance
to earn it by honest toll.
I: WILLIAM MCKINLEY.
ARCHBISHOP IRELAND
Comes Out in Firm Stand Agains
Organism.

Comes Out in n Firm Stand Against
Organism.
Arch Bishop Ireland in a letter to
several friends and constituents has
given out his convictions on the politi-
cal issues of the present campaign in
terms of unmistakable carnestness and
telling strength.
The letter is as concise a review of
the situation as we have seen, and it
must have very disheartening effect
on the Populists and their allies from
the Democratic party.
We reproduce a short clipping from
the able expression of the exalted man :
am absolutely convinced that the
laboring classes will suffer the most of
all from free silver coinage. And ye.
the laboring classes are those that are
the most urgently appealed to in this
free silver movement. man who
talks against free silver is put down at
once as an enemy of the common peo-
ple." Well, for my part, am willing
to be called an enemy of the working
am in reality advising them for their
good and serving their true interests.
Those above all others in the land who
should today be on their guard against
the silver movement are the laborers
of America.
The only men beneftted-and they
are few today-and it is scarcely worth
while to bring around a revolution i'll
the country to benefit them-are the
debtors who have today gold on hand
and who, by free silver coinage will
have their store doubled in nominal
value and will be enabled to reduce
their debts by one-half
1t is the great fallacy of the day to be
attributing our hard times to the gold
standard. The craze for free silver as
cure for hard times is explicable on
the same theory that man who has
been long time sick despite the attent-
i've care of expert physicians, will call
for any quack who adYertises to cure
all the ills of humanity. Hard times
have come through the severe and re-
sistless working of economic laws
which go their way in spite of legal en-
actments of parliaments or congress.
Our hard times have come from the
general competition with the countries
of the whole globe into which we are
forced by cheapness and facility oil
transportation - from oYerproduction
in past years-from extravaganza dur
ing good times and from our own social
and political agitations One of the
chief causes of hard times today is this
agitation for a radical change in the
currency of the county. If the Ameri
can people put down by an overwhelm
ing majority this agitation-bury il
out of sight-one of the chief causes oil
hard times will be out of the way
Other causes may remain more or less
That of general competition with al
the nations of the earth must remain
Good times however, may be expected
to come back surely, if only gradually
The over production hat glutted oui
markets has been used up. Capitalist
are anxious'to do something with thei
money-if it can be invested safely
Our wondrous natural resources invit,
investments to develop them, and con
fdence is restored, the outlook
bright.
The essential thing is conGderce
Today ii Is confidence that is needet
more than an increase ia the volume ot
the currency. The volume Of the cur
rency islarge enough. To increase i'
fictitiously certainly viii not help Us
Ninety per cent of all business is dun,