The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1896-09-03

angel opens his books, he will tell an
ther story. As the Psalmist says we may
be little lower than the angels, but In
that case the angels are not as high up
as thought they were. We are the pro-
duct OF two Thousand years of Christian
civilization and yet we went and carried
the election of 1892 as we did.
we had had prosperity for twenty
years, and we thought Ii would keep on
forever. We said 1t WAS partisanship, to
say the Democratic party would bring
disaster. We were prosperous bu . we
were not rolling in wealth, and II We
tried the other shoe then we should roll
in riches. There is an Arab proverb
which says that if you let the camel put
his nose In the tent you will soon have
the whole camel there.
"The cameis have had our tents in this
country for four. years. Let us find out
how we were so foolish in 1892; for while
we were foolish, we are not fools. They
told us that we had prospered and then
they said we did this with the markets
of America. Think what we might have
done If we had expanded with the mar
kets OF the world. The markets of the
world, Ssnegambia where the natives
wear no clothes, China and Japan. 1t
is safe to say that you cannot now place
implicit trust in orators, who four years
ago held up to you prosperity. happiness
and the markets of the world and did
not deliyer either of them.
''Now they step forward with new
budget. They are just as courageous,
just as open faced, just as open mouthed
as they were before, and say, come with
US, we have discovered trodden path
way. Have they ever been therep Is
there any light there? As far as we can
sea. it is but the light of the will-of the
wisp, over the path such as the will-o-
thewisp usually lights, leading to the
mire. But they say come with us. Let
us give you currency and prosperity like
China g; happiness like Mexico" Cap
plause.)
Mr.. Reed argued with great earnest
ness that the replacing of the gold by
the silver standard, as means of paying
debts in cheaper coin was dishonest
proposition. He denied that the act Of
'7S was passed by suealth, referring to
the l44 columns of debate printed in the
Congressional Globe on the subject.
''He then turned his attention to what
he termed the proposition which was
honest but nevertheless not true, that
more money would cause greater pros
perity. He said that with good business
money would be forthcoming and cited
the influx of money now ssnt to pay for
the cotton crop a month in advance, bo-
cause money brings high price here and
the foreign buyers know that they must
pay for their cotton and SO are ready to
lowe ii IL month, "snd when 10 get
rid of Bryan and Watson and Sewall,
they will lend it to us as long as we
want It,. -
"Oh, somebody says " don't want
foreign money. If you could get Eng
lish or Dutch capital to build railroad
along this shore I should think 1t was
benefitting eastern Maine. II we get
money what else do we want to do? To
make such changes In our laws as will
enable Us to do our own work. If we
can have that. we can shave increasing
prosperity until we are foolish again."
MIR. Reed said that had the legislation
proposed last winter been enacted a
bill which any Democrat might have
voted for. there would have been revenue
enough now. Talk of an endless chain
would have ceased and George Frederick
Williams would not have been as tired
as he was today. Prosperity ceased
when In 1898 we ceased to have good
tariff and took on disordered currency,
the drain of gold being due to laws, go
made that we must pay our debts and
sustain the greenbacks through the gold
fund. Instead of talking Of an endless
oha1 the administration should have
asked for more ravenue or better way
of meeting its obligations
In conclusion Mr.. Reed predicted that
the voice of Vermont would be seconded
by that of Maine. He was loudly cheered
at the close of his remarks
cNcpvpn0v cnIMc tn urnoorra