New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-08-14
BRYAN'S WOEFUL FAILURE.
Continued from First Page.

|
no facts--only assertions. The facts are that
with the gold standard In 1879 and 1872 the
country was prosperous II the gold standard
brought prosperity then. there Is every reason
to believe that II will do 40 again. The business
depression began in the latter part OF ls92 and
eliminated I'm the panic Of 1893. and 1t was due
entirely'to tho large amount Of silver which the
Government bought Mr. Bryan states that he
Is i'm favor Of himetallism. but he has not given
facts to prove how he could keep gold in the
country with the adoption Of free coinage ANY
one who has learned the a Cs Of finance
knows that gold would leave the country II we
were to have free coinage and that we would
he pu: on n silver basis. Even Mr. Bland. with
his limited knowledge of finance. must realize
that that would undoubtedly be the result Inc
policy Mr.. Bryan advocates does not mean the
use of both gold and silver and neither he nor
any other man who advocates free coinage can
show any way to keep gold In circulation with
free coinage at 16 to /. do not believe the
working people Of the country will accept MT
BRYAN as their representative simply because
he claims 10 be their friend. What has nc ever
done to help labor, and what can he do? He has
evidently taken up politics for n living lie
probably finds politics more profitable than the
practice of law. No one in this country VINO
associates with Atgeld. Tillman. PETER and
Mrs Lease can expect any other support than
such as was to bc found in Coxeys army when
IT marched to Washington.
CAME. SAW. But DIDN'T CONQUER.
Bryan has not proved Il Caesar" remarked
Henry Clews He CANE. he saw, but did not
CONQUER His speech proved to be a molehill
and not a mountain as expected. for the oppos-
ing side to climb over The wave for silver has
now become crestfallen. and will recedc from
day TO dav The bear campaign IS over and
the collapse of free silver at IL to Is nevita-
BILE The country can now begin to discount
Bryan's defeat. Hippodrome performances VIII
never elect an American President.
Frederick d Tappen president Gallatn Ma
| tional Bank characterized Mr.. Bryan's state
ments as vaporous. "One cannot argue against
mere assertions Mr.. Happen went on to say
HE does not tell why savings banks cannot
collect their assets II We remain on gold basis
I never saw reason advanced that they cou'd
not and I certainly cannot imagine one. can
see how on a silver basis with old values cut
in two hanks could collect only part of their
assets Savings bank deposits are Increasing
and this is the only fact in the line of argu-
ment that can be connected with anything
Mr. BRYAN says: that u.s. his assertion that de-
positors may be compelled to withdraw their
deposits in order to pay living expenses II
deposits are increasing under the gold stand
ara by what mental process can Mr. Bryan
reach his conclusons?"
II G Fahncstock vice-president of the First
National Bank said: Mr.. Bryan did not shed
any light on any dark subject. 1t is rare that
a man has no qualifications for a place he as
piros to- but Mr. Bryan exhibits none.
General Thomas l.. Watson. Of Watson q Glib
sor bankers and brokers' said: MIR. Bryan haS
delivered his speech. and the keynote OF II was
silver. although It went under the head OF
finance Ii has not made the impression upon
the great public that was expected, ana That.
too when II is natural to suppose the speech
must have received not only the greatest care
upon the part Of is author but subsequent
grooming from some OF the National Committee
and executive officers OF the campaign. This
speech was TO he the effort. the foundation. the
material for the lesser lights in campaign ora
tory TO draw from and to promulgate ana 10
my mind the document was pruned down 10
meet the situation and the surroundings ana
TO make Mr. Bryan appear here more in the llght
| OF a conservative thinker rather than a talker
of the sky-rOcket order 1t was the laSt-nafned
element that carried him to a nomination, but
something more than vocal capital Is needed TO
carry him to election. In my opinion TINS
speech was the highest round In the ladder
climb toward the silver goal for this campaign
In the East that he can reach, and believe the
full strength Of the free-sver movement has
been demonstrated. In striking contrast to
these radical freesilver utterances was the cpl
gram delivered by Mir Mckinley at Canton on
the same day. when he said. to sum 1t up
tersely: Better to open our mills 10 labor than
TO open our minis to silver. "
Francis l.. Eames. president OF the ew-Nork
stock EXCHANGE. said: The Boy Orator of the
Platte Judged by his speech Is well named
600 miles long and inches deep
DEMOCRATS IN THE DUMPS
"Is this for publication or is 1t just a conhdcn-
,ial talk" was n question that was asked Of
newspaper men many times yesterday when they
tried to get an expression Of opinion about Mr.
Bryan's speech. Some of the members Of the Ma
tional Committee and the Notification Committee
started for their homes early yesterday morning.
Others remained behind and, of course, the main
subject for discussion was the speech. From re-
marks made by over a dozen If the leading mem
bcrs OF the National Committee. Tribune re-
porter Yesterday CLEANED the fact that Bryan's
managers are much disheartened over his appear
ance in New-York and the miserable failure he
made They even go 50 far as to declare that it
was great mistake To have him attempt to start
the campaign with pyrOtcchnc meeting in Mad
isOn Square Garden. They are genuinely sorry
now that he came. and the dispasslonate report OF
his reception at the notification meeting. in their
eyes. will do much to injure his chances over the
country
This sentiment all subdued. and whispers
were INDUCED in when the Democratic managers
gave vent to their conclusions. but nevertheless
the dismal disappointment was plainly manifest
ed upon the face of every one encountered. When
told they going To be quoted in the news
papers they Strengthened up. smiled cheerfuly
and made few remarks about a speech that was
broad" "statesmanlike." convincing" lucid"
"masterly." and so on. but in private consultation
they conceded that Rrvan's much-hcralded ad-
vance upon the enemy had fZZied out. and that
his campaign had suffered irreparahle damage
one Of the Popocratic leaders who has followed
bndy in the wake Of The Boy orator said with
tears I'm his eyes yesterday:
Bryan must have been affected with tho heat
nl 1 IN 20 n