The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-09-24
And More Work Done at Home Are
Essential, and They Can Only he
Secured Through the Ballot.
SPEECH TO INDIANA VOTERS
ENTHUSIASTIC DELEGATION FROM
MUNCIE AT THE OHIO MECCA.
Address to Pilgrims from Wood
County-Duty of First Voters-A
Shot mt n DemagoEue.

Special to the Indianapolis Journal.
CANTON. o., Sept. 23.--Indianians invad-
ed Ohio again to-day. Yesterday the citi-
zens of the northern part. of the State
took this city by storm and to-day the gas
belt sent a small army here. The deiega-
ton, which came from Muncie, was not IS
large as some that have made the pilgrims
age here, but 1t noisy and en-
thusiastic as any. The Muncie people came
by special train and brought with them
four bands. The delegation included the
First Voters Club, the Mckinley Prosper
ity Club and an organization of veteran
soldiers. They were met at the railway
station by a reception committee, and, aft
er forming in line, marched to the McKin-
ley residence, making the air resound with
music and shouts for the Republican NOM
inee. Mr.. E. A. Needham, an attorney
made the presentation speech. to which
Major Mckinley replied as follows:
my Fellow w-citizens-It is needless for me
to say that l greatly honored to re-
csive this call from my fellow-citiZens OF
Muncie in the State of Indiana l am
glad to meet the first voters the old vet
Grams and the citizens generally who nave
called TO give me assurances OF support ana
to tender expressions of good Will and con-
gratulations.
II must congratulate this assemblage OF
Indianians on the selection of their spokes-
man who has delivered before me so able
and eloquent and telling speech. ZAP
plause) He has said that 1T is understood
true Applause and cries of We all know
thatv) l believe in America for Americans
native-born and naturalized; Cries a OK
daughter and applause) And do not pe-
ieve in diminishing that pay roll by giv1lng
work to anybody else under another flag
while we have an idle man under our flag.
tremendous applauseD
DON'T WANT SHORT DOLLARS.
-Four years ago the laborer was agitat-
ing the question of shorter hours; we then
had so much to do. l have heard no dis
cussion of that kind for four years. Naugh-
ter and applause) But have never heard
of the laboring man discussing the desira-
bility of having short dollars.
1.-The complaint-the chief cause of COM
plaint-of our opponents is, first, that we
have not enough money, and, second that
our money is too good. Qaughter.) To
the first complaint 1 answer that the per
capita of circulating medium in this coun-
try has been greater since the so-called
crime of 1873 than il ever was before. (Ap-
plause) And that it has been made great
er in the last five years than 1t ever was in
all our history (Cries of That's rightiJ
We have not only the best money In tine
world but we have more of 1T per capita
(Applause.) We have more money per cap
ita than the United Kingdom, than Ger
many, than Italy than Switzerland,
than most of the nations of the world.
Greece. Spain. Roumania. Servia, Austria,
Hungary. Norway, Sweden. Denmark, Rus
sia, Mexico and the Central and south
China. Great applause) So that some
reason rather than the lack of volume OF
money must be found to account for the
present condition of the country
ITO the second compiaint-that our
money is too g4Sd1i t1 t would nr seem ~ TO ne ne
country cannot be too good; and that no
nation ever suffers from having its me-
dunn of exchange of the highest and best
quality Great applauseD 1t has been
poor money-not good money-that has
been the cause of so much loss and ruin in
the past both TO individuals and TO ma
tions. (Ap,dause.) The older men of this
audience will remember that before the war
fiuctuating. currency, known as State bank
money. Many of these banks and their
notes were absolutely sound. but for the
The total number of Mnks in 1860. exclu-
sive of State bank branches, was 1,510. OF
this number the Counterfeit Detector, then
in constant use reported s32 broken,
closed, failed, fraudulent and worthless
The notes of these banks were in circu-
lation among the people and had been re-
ceived by them for their good labor and
their good products. They were absolutely
worthless and of more value than the
paper on which they were printed.
THE ToILERS SUFFERED.
upon whom did this loss fall. my fell
low-citizens? There is scarcely an old gen.
tlernan in this audience who will not recall
that 1t fell upon the laboring man and the
farmers of the United States. Cries of
That's rightr and applause) 1 allude to
this only to show that those who suffer
most from poor money are the least able
to bear the loss. 1T is the history of man
kind that the least valuable money which
will pass current is the money that at last
finds it's resting place among the poorer
peopIe and when the crash comes the loss
must be borne by them. And / doubt IL
there is a man in this audience who has
not among the belongings of his family or
tho family of his fathes some OF that old
bank paper as a reminder OF what they
lost "a voice: Il have ten dollars at home
myseif,)
be permanently subserved by having poor
money The bare suggestion Of such a
proposition to n man OF reason meets its
instant rejection You will remember that
from 1862 10 1879 did business with pa
per money exclusively; We had neither
that gold WAS constantly at premium,
ranging from 40 to zoe per cent Then
when man wanted TO borrow money he
had 10 pay a higher rate OF interest than
he has had to pay since 1873 on gold
basis. lApplause.) When we We're doing
business With depreciatcd paper money
interest was very much higher TO the bor-
rover ana 10 the debtor than IL Is now. ]
rate OF interest for that paper money was
10 per cent. annually. and often per cent
n month. or II per cent. q year. DO you
the days Of the grcenback currency you
paid from 10 TO II per cent. for your mon
some people are pleased TO call 'two-hun-
dred-ccnt dollar Is or per cent, to-day.
has been the ruling rate during the last
two or three years. but that IS because
distrust has fallen on the country. and
men who have money not part wits