The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-10-04


Is that they address themselves to tine edu
Gated men Of the country as well as the un-'
educated. and We submit them with conn
dence to the learned OF every profession
We appeal not to passion, not to prejudice,
not to ignorance, but to intelligence and
patriotism.
What men want Is business activity. What
laboring men want is work. We have discoy-
cred in the last three years and half that
we cannot increase the output OF the mines
or the wages Of the miner by decreasing man
ufacturing in the United States. We have
discovered that less American coal Is requir
ed IL we do any part of the work In Europe,
rather than in the United States favor that
policy which will give the largest develop
ment to every American interest; that gives
the widest opportunity to every American
citizen; that gives the most work and bes.
wages to every American laborer and secures
to our people the highest possible prosperity
In al their occupations. | need not remind
you that the issue which involves the restora-
ton OF our protective policy, unhappily and
unwarrantedly abandoned in the presidential
campaign four years ago. Is to be settled this
year, as well as that other issue Of continuing
safe monetary system, resting on the best
money OF the world, and guaranteeing to our.
people the use Of all the forms of money now,
in circulation, to be OF equal value and pur-,
chasing power The mistake of 1892 needs
no elaboration. 1t has been felt and real;
lied IN every section of our common country
and this. 1896. is the first time since it
was made that the whole people have had
chance to correct 1t.
DECLINING PRICES.
For three years past the trade reviews Of
business, manufacturing AGRICULTURAL and
mercantile, at the end OF each quarter of the
year could be readily summed up in a single
sentence, prices all along the line have de-
e1neo and with them the hope and the COM
fort Of the American people have also do
clined. In 1895. Dunn's review of trade re-
ported 70 per cent decline on iron and steel
o. 2. per cent on wool and IL per cent cotton
II might nave been supposed that bottom
prices were then reached but on March "a
1886, the same excellent non-partisan review
one OF the standard authorities, made this re-
port or the condition of the trade Of a..
oSEuntry; ana cannot see that it has greatly
tLLahgeo from that time to this. and eertanIy
tnere Is little Improvement or advanca ~
prices generally "u'eNce III
~ AS prices about Feb. q were on the whole
si6oreh.e ever known in this country. con-
SauslaDie space Is given this week to a com
aaleuH oi quotations in the most important
pfdhcnes OF manufacture" and then fo1Iows
q a. iengthy table, Of which 1 need only saw
~; ;naI ~ apparently and abundantly sustains
lCs assertions and shows a most denIorah1o
conuIllon OF all kinds of business AS Ieeit
,,,.ase result owe we never knew so many fall
ures as In 1885, We had hoDed that things
would take turn for the better hut thsy
nave not, although l am sure that such is
me me wish OF the American people today and
IT, ine earnest ana sincere aim of the Repub-
mean party. But such condition seems i'm
possaDle under our present revenue Tegisla
tlon: | Will not pursue the distressing record
, urtner; never has business been poorer:
iieEer mas industrial distress been greater:
never nave the enterprise and progress ~
me country been so retarded as during the
low tarlH, or no tariff years of 1896. in ali
our history. - a. "ii
And the government has Jared little hotter
because the treasury reports have recorded
monthly deficiencies and additions to the
Ru !9i oeot and the deficiency still continues
VIII any one say in the presence of such facts
that the revenue legislation of the country
must remain unchanged; that it is not the
pam ana palpable duty of the government
10 provide adequate revenue for the public
| treasury and protect American labor against
the cheaper labor of the old world. Govern
ment expenditures must not exceed govern
ment receipts. The creation of a public debt
In time of peace is only justified in sustain
Ing the credit of the government. and the
pubic honor, but it should not be continued
inoInent longer than the congress, whose
DUTY 1t is to raise the revenue shall make
provision to supply 1t.
No one has suffered more under these con-
dltions than the farmers of the United States
Ihey have lost much by diminished home
markets and have suffered in the foreign
market by the repeal of the reciprocity pro-
visions OF the tariff law of 1885, The foreign
market opened by reciprocity during the sd-
ministration of President Harrison must be
reopened, and the home market must be i'm
proved and preserved for the American farm
err while the American workshops must be
opened to the American workingman. No
patriotic citizen should object to regaining
and then holding our proud rank of the
greatest manufacturing, mining and farming
| country. With me the necessity of the
restoration of a judicious and wise American
tariff policy is a firm conviction, second to
nothing in Importance except the preserva-
/ ton of order and law which we must have
Of justice and domestic tranquility and the
preservation of our credit, our currency and
| our national honor.
We have lost enough already in the re-
duced wages of our labor, and we do not
| propose to be cheated further by being paid
in debased dollars. Let US effectually dis
pose of both and restore to the country the
| great business prosperity which is naturally
and properly ours to possess and enjoy.
In one of his addresses Mr.. Mckinley
| discussed directly the relation of labor
| to free silver In this connection he
said:
Nobody is cheated by a deprecated cur
| Iency policy much as the man who labors.
| That is the experience Of mankind the world
! over; it is our own experience at every Pc
| Rod in our history when we have entered
| upon an era of deprecated currency and
banking system which issued state money
! The workingmen of this country are the
largest creditors in this country. There is
| due the workingmen in prosperous times so
vast q sum OF money to make them the
largest creditors of the country and they are,
therefore, more interested or quite as much
| interested as any other part Of our popula-
| ton in having sound and stable currency,
uHNdryluS III Ndlue anu BO0Q Wherever trade
goes.
What want in this country and what
| We mean to do in this country, is, first of ALL
to keep or money good. Every dollar of it,
! whether paper, silver gold shall be worth
100 cents and be worth exactly that sum,
whether 1t is in the hands Of the bankers or
in the hands of the laborer We not only pro-
pose to keep our money good, but we propose
to keep our word good with every creditor of
| the government.
/ We do not propose to give up our good 100
| cent dollars for 52-cent dollars We do not
propose to permit any party to force us to
adopt the Mexican and Chinese system of
finance. We have always had the best money
in the world and we propose to keep it the
best.