The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1896-09-04

menace to our financial standing and credit
could hardly be conceived, and every patri-
otto citizen should be aroused to promptly
meet and effectually defeat it.
In the Hig hest Degree ReprehensibIes
at is cause for painful regret and So
| licitude that an effort is being made by
| those high in the eounsels of the allied
parties to divide the people of this country
into classes and create distinctions among
US, which, in fact, do not exist, and are
| repugnant to our form of government.
! These appeals to passion and prejudice
are beneath the spirit and intelligence of a
| free people, and should be met with stern
| reDuke by those they are sought to infiu-
ence. and l believe they will be. Every
attempt to array class against class, the
| classes against the masses, section against
| section, labor against capital, the poor
against the rich, or interest against inter-
| est in the United States is in the highest
| degree reprehensible 1t is opposed TO the
national instinct and interest and should
I be resisted by every citizen.
we are not nation of classes, but of
| sturdy, free, Independent and honorable
| people, despising the demagogue, and never
| captivating to dishonor This ever-recur-
| ring EFFORT endangers popular government
and is a menace to our liberties 1t is not
a new campaign device or party appeal.
| 1t is as old as government among men,
but was never more untimely ard unfor-
tuna5e than n IN now WashnStGn Earued us
in words which feel are singularly APP
propriate at this time: I admonish the
people against the object of outcries like
these. | admonish every industrious la
borer of this country to be on his guard
against such delusion. l tell him the at
tempt is to play off his passion against his
interest, and to prevail on him In the name
of liberty, to destroy all the fruits Of
liberty
Protection of Supreme Importance.
Another issue of supreme Importance
Is that of protection The peril of free sill
yer is a menace to be feared; we are already
experiencing the effect of partial free
trade. The one must be averted; the ether
corrected. The republican party is welded
to the doctrine Of protection and was never
more earnest in its support than now. II
argument were needed to strengthen de-
votion to the American system or
on the. party and people II is. found
In the lesson and experience of the past
three years. Men realize in their own
daily lives what before was to many Of
them only report, history or tradition.
They have had a trial of both systems
and know what each has done for them.
Demanded by Public ExigencIes.
Washington in his farewell address,
September II, 1875, 100 years ago, said: As
a very important source of strength and Sc
curity, cherish public credit. One method
Of preserving 1t Is to use II as speringly as
debt, not only by stunning occasions of ex-
pense, but by vigorous eXertions in time
Of peace to discharge the debts which I'M
avoidable wars may have Occasioned. not
burden which we ourselves ought to bear
ITO facilitate the enforcement of the
maxims which he announced he declared:
1t is essential that you should practically
bear in mind that towards the payment of
debts there must be revenue; that to have
revenue there must be taxes: that no taxes
can be devised which are not more or less
inconvenient or unpleasant; that the in
trinsic embarrassment inseparable from
the selection of the proper objects (Which
IL always choice of diff1culties) ought to
decisive motive q candid
ton of the conduct of the government in
making it; and for spirit of acquiescence
In the measures for obtaining revenue
which the public exigencies may at any
time dictate
Animated by like sentiments the people
of the country must now face the condi-
lions which beset them. The public ex-
igencies' demand prompt protective legis
lation which will avoid the accumulation
of further debt by providing adequate rev.
enueS for the expenses of the government.
This is manifestly the requirement of duty.
If elected president of the United States
it will be my aim to vigorously promote
this object and give that ample encoura ge-
ment to the occupations of the American
people which above all else is so impera
lively demanded at this juncture of our ma
tional affairs.
Our Condition In December, 1892.
'In December, 1892 President Harrison
cent his last message to congress. 1t was
an able and exhaustive review of the con-
dition and resources of the country. 1t
stated our situation so accurately that 1
am sure 1t will not be amiss to recite his
official and valuable testimony. There
never has been time in our history, said he
when work was so abundant. or when
wages were so high, whether measured by
the currency in which they are paid, or
by their power to supply the necessaries
and comforts of life. The general average
of prices has been such as to give agri-
culture a fair participation in the general
prosperity. The new industrial plants es-
tablished since October 6, 1890, and
and the extension of existing plants,
les. The new capital invested amounts to
S40,446C50, and the number of additional en-
ployes, 1925. During the first six months
tories were built, of which 40 were cotton
mills, IS knitting mills, 26 wooden mills, Is
silk mills, plush mills and linen mills.
OF the 20 cotton mills, p have been built
in the southern states This fairly de-
scribes the happy condition Of the country
i'll December, 1892
Our Condition Since and Now.
THE messages of President Cleveland
from the beginning of his second admins
tratlon to the present time abound with
descriptions of the deplOrable industrial
and financial situation of the country.
While no resort to history or official state
ment is required to advise us of the present
condition and that which has prevailed
during the past three years, / venture to
quote from President Cleveland's first mes
sage August s, 1893, addressed to the FIFTY
third congress, which he had called to-
gether in extraordinary session. The eX-
tstence of an alarming and extraordinary
business situation said he, involving the
welfare and prosperity of all our people,
has constrained me to call together in eX
ira session the peoples representatives In
congress, to the end and that through the
wise and patriotic exercise of the legiSla-
tive duties with which they solely are
charged the present evils may be miti-
gated and dangers threatening the future
may be averted. Our unfortunate financial
plight is not the result of untoward events
nor of conditions related to our natural re-
sources. Nor is 1t traceable to any of the
Affections which frequently check national
growth and prosperity. With plenteous
crops, with abundant promise Of tremuner-
alive production and manufacture, with
unusual invitation to safe investment and
with satisfactory assurances to business
enterprises, suddenly financial distrust and
fear have sprung up on every side. Nu-
merous moneyed institutions have SuS-
pended, because abundant assets were not
Immediately available to meet the de-
mands of frightened depositors. Surviving
corporations and individuals are content
to keep In hand the money they are usually
anxious to loan, and those engaged In
legitimate business are surprised to find
that the securities they offer for loans.
though heretofore satisfactory, are no
longer accepted. Values supposed to be
fixed are fast becoming conjectural, and
loss and failure have invaded every branch
OF business
Cause OF the Change.
What a startling and sudden change
within the short period Of eight months,
from December, 1892, to August, 1898. What