The San Francisco call., 1896-10-02

stand before a Springfield audience without
having come unbidden to my lips some of the
precious names associated with that enter
prising city. Shalaberger [applausej was not
only distinguished lawyer but an eminent
statesman, and that dear old citizen, Judge
White [applause], whose lear ming enriched
the judiciary of the State. Names III those
come to me whenever 1 see Springfield audi
ence. Tits not given to many cities to furnish
az yours has as distinguished and valued g
meH as TIE ex-Speaker of the National House
of Representatives. J. Warren Keefer. Zap
plausel- Nor is it given to many cities to have
furnished as yours has that splendid ideal
business man and distinguished executive,
the present Governor of Ohio, Asa S. Bushnell.
(Applsusel
Cyrus Il. Mccormick of Chicago, who vas at
the head of one OF the great harvesting
machine companies, the strength and in
tegrity of which the country is familiar with,
recently wrote as follows: s'We have never
before been so at loss to lay out our plans
and work for the next season as we are at
this time. If we thought that the country
would go for the unlimited coinage of silver
we would not wish to run our shops for more
| than half their capacity"
We have in that statement, my fellow
citizens, description of our business trouble,
and it teaches striking lesson which must
turer does not know how to plan for next
years business because OF the financial uncer-
tainty concealed by the attitude OF one of the
great political parties of this country in con-
nection with two other parties Applause. |
Ii free silver is to be inaugurated in this coun-
try it will change all values, disarrange the
re ations of labor to production of raw ma
terial to the finished product and unsettle ali
conditions of existing business and property
[Applause.l
/ This certainly makes every business man
pause; capital hesltates to invest because it
sees danger ahead and is unable to count with
certainty upon either the safety of its princi-
pal or the return of profits. Take your own
city, which has heretofore been one of the
busiest centers in the manufacture of agri-
cultural Implements, EN- mploying 5000 laborers,
or once did. [Great laughter and applause. !
To cut that employment in two would be
not only a calamity to labor, but would be a
calamity to every interest in your city and to
every farmer in your county. Your business
facilities illustrate the close relations be-
tween the manufacturer and the agricultural
producer When you are prosperous the
farmer is prosperous. When the farmer is
prosperous you have your most profitable
trade. Business of every character is so inter
woven, SO dependent and interdependent
upon every other business that to hurt one is
to hurt the other.
In 1892 people used to think that you could
hurt the manufacturer and help the rest of
mankind They labor under no such delusion
now. Demand is what makes business activ-
ity. The sickle and the fail would stil IL be in
use but lor the pressing demand of the great
grain fields of America. You make agricul-
tural implements because the farmer wants
them; but when he does not want them you
will not make them, or wants fewer of them.
you will not make so many. and when that
time comes and you diminish your output
you don't need so much labor, and that is what
makes poverty and idleness. We must have
stability in values and confidence in National
and individual integrity before we will have
real and permanent prosperity We must
have confidence that our revenue legislation
win supply adequate money for the public
treasury and protect American labor and
American interests in every part OF the coun-
try.
Alexander Hamilton once said: "There is
scarcely any point in the economy of National
affairs of greater moment than the uniform
preservation of the intrinsic value of the
money unit. On this the security and steady
value OF property essentially depends" Zap
plause.l
We must getover the idea my fellow-citizens,
If we ever had il, that Congress by its mere
breath can make something out of nothing;
that 1t can decree that 53 cents of silver shall
be worth 100 cents. Congress can do much !;
it can protect the life and property OF citizens,
as it should do; it can provide revenue laws
which will make the treasury easy and protect
American producers from the unrestrained
competition of the Old World. It can do that
and it must do that tremendous cheeringl:
but it cannot by its mere stamp make dollar
worth hundred cents out of piece of coin
W IN M arK nf tho g.
cents. [Applause.l
The great Senator from New York, Roscoe
Conkllng, once said: "I do not believe Won
can legislate up the value OF anything any
more than l think you can make all men
heroes by legislation" (Applause. The. con-
tinental congress tried to legislate values up