Kansas City daily journal. [volume] (Kansas City, Mo.) 1892-1897, 1896-10-09
JAMES B. FORAKER.
Continued from First Page.

The act of '7S had nothing to do with 1t.
Was there ever any country that was more
prosperous than our land during the twen-
ty years following this crime?
The speaker read figures from the census
reports showing the tremendous growth OF
the wealth and business of the land from
1870 to 1890.
"These figures" he said. "are more elo-
quent than words In 1892 the people asked
for change. They voted for it and got
it, The question is, have they got enough
OF il? Applause and cries OF "fes.) Ihe
panic broke upon us almost pefore MT;
Cleveland was seated The Democrats said
it was not their fault-they had done MOTH
ing. They said it was the elimination OF
Republican mismanagement. we nao pros
perity all the time We were in power. but
something went wrong when the. Demo-
Gratis took charge.
Business Men Took Fright.
1.-The facts are the business interests OF
the country took fright and sought cover
when they found the big Democratic tiger
in the place of power. (Applause)
In 1884, Cleveland was elected on a
platform pledged to protection to the ex-
tent of the difference of wages here and
abroad and with a Republican congress
the people did not take alarm; but when
he was elected in 1892 there was not the
safety Ciduse III hoi ~ NSNi"A Sa
war on all protected interests and de-
nounced the Mckinley bill as the culminat-
ing atrocity, and when he was chosen
with congress to help him carry 1t out,
the people took fright and the panic fol-
lowed.
The second act of the First congress
signed by Washington, gave protection to
labor. Prosperity followed and continued
until 1876 when We went back to free trade,
and trouble followed, In 1924. we got some
more protection, and prosperity followed,
but free trade in 1883 brought on the IA
nous panic of 1851. The election of Har-
rson in 1910 with protection, was followed
by prosperity, which was again destroyed
by the Walker free trade in 1885,
Here the speaker read of the deplorable
condition portrayed in President Buchan-
ans annual message. Buchanan recon-
,mended loan. Ten millions of per cent
thirty-year bonds We're authorized, and. de-
spite their value, could not be sold at par.
He asked New York and Pennsylvania to
indorse the bonds This was refused, and
the bonds We're sold at 81 and down to IS.
whenever We have passed from protec-
/ ton to free trade" continued the speaker.
eve have passed from prosperity to ad-
versity, and so it will always be-"
Effects of Free Trade.
Here Mr.. Foraker read from President
Cleveiand's famous message in 1898 and
compared it with that of Buchanan's con-
tinuins: What effect has this change of
policy had on you. my Kansas friends?
The man VINO strikes at your market
strikes at you. In 1892 we sold abroad over
7l2 millions worth of products Last year
the exports showed loss of over $50 mill
ions. That was borne by the farmers.
Under the Mckinley law, Mexican cattle
paid duty of $40 each. Under that law IN
1892, there were 2,168 brought in. Under the
Wilson bill. which taxes them 20 per cent.
in ten months 149.S00 were brought in, and
the highest duty paid WAS 81 and from :nat
down to 20 cents. What's the cause of this
trouble? Can you see it? Don't you think
| it would be a good thing to get back, right
away? And We are going to do that and
elect Mckinley. Applause9
Don't stop there. Go ahead and when
you get president send Congressman
Calderhead back. CWild applause.) I know
his standing and character. He is loyal,
brave and true, and he cares for your dis
trict. We must have a congress to sus-
tain the president Then so ahead and
elect Republican legislators who will send
Republican to represent sou in the senate.
Brother PETER will be lonesome there next
time Spare his feelings and leave him at
home. Then elect my old comrade, Gov
ernor Morrill,, for another term and get an
other wise administration. (Applause and
cries of I'VE will.'') Just make clean
sweep. I have indicated the remedy and l
feel sure you will apply it."
The silver Question.
The speaker referred to the money ques-
ton as a substitute thrust into the cam
paign because the Democrats We're whipped
| and knew they had to meet the people on
some question other than the tariff. The
| Republicans have always been friendly to
| silver" he declared. Under Republican
| rule we coined 429 100000 silver dollars and
| kept every dollar on an honorable parity
| with gold (Applause.) We have Won
| derfully complete and splendid money sys-
| tenn hs
| Here the speaker entered into an analy-
| sis of the money question and declared we
| were in safe and sound position and were
| able to maintain it, while the opposition
| proposed an experiment that was not BIZ
! metallism, but was silver monometallism.
| pure and simple. Hamilton and JEFFERSON,
| he declared, recommended silver coinage
| at its commercial ratio after having
| searched the markets of the world for in
| formation. They overvalued silver, and
| gold was driven out of circulation; but in
| 1884 the present ratio was adopted. 1t was
| figured out to the decimal part in an effort
! to secure it's actual commercial value. They
| overestimated gold and silver was driven
| out and remained out until the war. I'VE
| have had that experience" he said. 'and
| so has every other nation. We could not
hold them together when there was out
| decimal part of difference, and what VIII
| be the result when we coin them at 16 to
Wnen the COmfneFclal value 10 o. ~ l.
Alexander Hamilton's Folly.
'1f it can be done, what a fool Alexander
| Hamilton was! How he ought to kneel at
| the feet of Bryan and PETER. and learn
| financial wisdom! (Applause)
| I'VE want to maintain the standard we
| have to-day. We propose. If elected. to
| maintain it. We want it because the farm
| er and the laborer who puts forth labor
| and toll ought to have 100 cents for each
| dollar"
The speaker read from Senator Teller,
| who said that there would be no immediate
| prosperity from free silver. but that it
| would come in twenty years. This state
ment was greeted with much applause,
which was repeated when he declared that
| remedy too slow on the trigger TO suit
| the people of the country.
'.I propose" he said, "a remedy for you
| that will come at once: Elect Mckinley.
| restore confidence and you will at once
| have your home market. mills will start,
business will open again, there will be an
| American market protected for American
| products. Work will be ready for idle
| hands, and busy people with light hearts
| will fill the land Applause)
Tomorrow morning at o'clock Senator
Foraker will leave here for Clay Center.
! Manhattan, Herington, Marion. Wichita
| and Wellington. He will be in Topeka
! Saturday afternoon, and in Kansas City,
| Kas., Saturday night.
| Chairman James Simpson, of the Repub-