Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1896-10-16
A TELLING SPEECH.



tons and trusts Of this country de-
mand from the American people every
year, and the American people don't
seem to know it. ] lived on the Dor
ders OF Mexico once, and | know some
thing about that country without read
ing about it in Popullst paper.
| used to teach school down there
and | know the people; they are poor
they have no livestock with the excep-
ton Of dogs. used to tell them il
they would raise more hogs and less
dogs, more vegetables and less hell,
they would have more to eat. When
| first went down there | could not
talk the Spanish language. ! bought
a cord of wood one day and I said to a
neighbor that would like him to send
man to cut my wood. He asked
how much had and told him a cord
We'll" he says, you get another
cord; when he comes to cut it he will
never know the difference; he will
never know whether it is one cord OF
two and he will cut it for the same
price" Now the American people are
cutting t,co cords of TOOd for one today
and they don't know it-they are like
the poor Mexican. Mr. Poole, man
that is recognized by the gold standard
men as the greatest of authorities,
says that the average cost of the rail-
roads in this country is $4,000 and
the average bonded Indebtedness is
SOC 900, and the American people are
paying interest on two dollars for one
cutting two cords for one-and they
don't know it.
Now what are all these trusts organic cd for;
They are organized upon all of the comm odities
of Lille to increase the price of the commodities,
that Is all. They are organized for the purp ose
OF increasing the price of the commodities after
they cone out of the hands of the producer. The
farmer sells the commodity at wholesale in the
free trade market and trusts get 1t and puts it
IN the proper form for consumption and rails es
the price. The poor men and the farmer get no
benefit from the trust. The profits 20 into the
pockets Of the few.
ONE THING MORE ABOUT THAT TARIFF orEs.
They say, and it is the principal reason why
this country went TO pieces, because of the elec
tion of Grover Cleveland and the scare that W as
brought about by the repeal of the tariff. Now
again we will tell you that we will admit their
proposition but am going to show you where
they are wrong. Almost every manufacturing
institution in this country was organized about
like this: Say that this audience would form
themselves into a cor ooration TO put up cut
lery factory and between us we raised say one
hundred thousand dollars in none, to organize
the factory. We issue stock at a ratio of five TO
one and for every Jllar you put in you get five
dollars in capital stock. Now We so TO work
with high protective tariff to keep out foreign
goods and consequently we sell our goods ut
good prices. If the tariff is not quite high
enough We make an attempt to get it a little
higher If we have the protection party in. We
scll ills stock on the stock exchange five to one
and the capitalists who get hold OF it get their
dividends on the stock from year to year When
the people buy the product Of that Inanufactur-
ing industry they pay interest on five times as
much as was actually invested in the industry
Along comes fellow and he says the tariff is
robbery and We elect him President. AS soon
as he is elected all these people who hold stock
in manufacturing industries Immediately I'M
load. Ii ia going down. When they come to in
vestgste they find that there IL but one dollar
invested for every five dollars of stock they hold
These industries were built up simply as bubbles
and they never should have been permitted to
exist. They collapsed just as anything else
would under the same circumstances.
There Ia no institution in the United States to-
day-a manufacturing institution-which ever
was put upon safe and sound financial basis
and run honestly and paid fair wages that would
no prosper in this country, tariu or no tariff
(Applause) But when you take 500, 900 invest
ment and you have to pay dozen big salaries
and the propretors want to visit Europe and
live in palaces, tell you the institution wont
stand It.. (Applause.)
Now there are certain institutions that
will prosper by reason of their natural condi-
tons and certain industries that will not. The
latter, If they have prospered at all, must
prosper by reason OF Il protective tariff and
that is simply scientific way of taking money
out of one mans pocket and putting it into
another mans pocket. Because if an industry
is not prosperous in community and you
make il SO by legislation. il must live off of
these enterprises which are prosperous, with
out tariff. Think of this my friends.
THIS is A CAMPAIGN OF EDUCATION.
We want to learn something President
Harrl sou said few days ago II it was only
certain that William Mckinley would be
elected President, business would boom ON the
New York exchange to morrow. Is the New
York stock Exchange all We have in this
country? His heart and soul and his only aim
seems TO be TO benefit the stock exchange, that
IL all. What about business for the people?
Now have here an item from the San Fran
cisco Examiner, addressed TO William j. Bryan.
Headquarters, Chicago. which reads as follows:
DALLAS (TEx.), September l9.-In a
speech here tonight Governor Culber-
son rel d correspondence between him
self and Prince Bismarck on the money
question, and the Princes reply as fol-
lows:
FREDERICKSBURG, August "a. - Hon
ored Sir: Your esteemed favor has been
duly received. l hold that this is the
very hour that would be advisable to
bring about between the nations chiefly
engaged in the worlds commerce a
mutual agreement in favor of the estab-
lishment of bimetallism. The United
States are freer by far in their move
ments than any nation of Europe, and
hence, if the people of the the United
States should find it compa tile with
their interests to take independent ac-
ton in the direction of bimetallism,
cannot but believe that such action
would exert most Statutory influence
upon the consummation of an interna-
tional agreement. BISMARCK.
BERLIN, September 10. - Prince Bis
marck's organ, the Neusta Nachrtch-
ten," to-day, in its leader, strongly APP
proves of William J. Bryan's candidacy
for President of the United States.
Quotations are from Mr.. Bryan's speeches
and an editorial characterize his utter
ances as Patriotic, clear and concise,
breathing love of justice and respect
for the rights of the workingman."
New YORK, September 20. - The
"WOrld' has this from Buda Pesth,
Hungary: The following cable message,
signed by the delegates to the Interna-
tional Agricultural Congress, called at
Buda Pesth by the Hungarian Minister
of Agriculture, has been sent to the
Democratic candidate for President of
the United States:
BuDA PEsTH, August 2i.-To Mr.. VIM.
J. Bryan, Headquarters Democratic Party
Chicago: We, the undersigned, MEM
bers of the International Agricultural
Congress, convened at Buda Pesth, wish
you success in your struggle against the
domination of the creditor class, which
during the past twenty.three years, has
secured, both in America and Europe,
monetary legislation destructive of the
prosperity of your farmer and others.
Should you be victorious in November
we pledge ourselves to spare no effort
to bring immediate pressure upon our
respective Governments to cooperate
with the Government of your great ma
ton in restoring silver to the worlds
currency
We believe that, failing such restora-
ton, the gold premium throughout all
Asia and South America will continue to
rob the farmer, equally OF American and
Europe, of all rewards for his toll, and
that your election may avert from Europe
serious agrarian and social troubles now
impending.