The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-22
TWO BIG DAYS WORK.


up. They have seen the pastures that
should be green and luscious withered and
brown. Just that process has been going
on in the business of this country for the
last three years and a half. We are now
put to our wisdom; we are put to our can
dor as citizens to determine what it is we
need TO bring freshness and ~greennesS to
Inpid supply TO these dried and exhaused
streams. (ApDlauseD My Democratic
friend. you may deny that it was protec-
ton; you may deny that it was Republican
policies that brought the prosperity of 1881
and 1892, but you cannot deny that we had
prosperity and you cannot deny that we
had it undar Republican policies OF admin
istration. oCheers.)
H DOCTRINE OF CHEAPNESS.
"The Democratic party for many years
has been preaching the doctrine of cheap
ness. They told you that everything you
bought was too high. They told the farmer
that he wanted IL cheaper coat. Il cheaper
hat. and cheaper agricultural implements,
and that 1t was the direful protective pol
icy of the Republican party that made all
these things high. They said You can
only find happiness and prosperity by get
ting things cheap Am / correct in that
statement? (Crfes of Yes, yes.) You
trusted to their promises and they have
fulfilled them in part. They have made
things cheap. The coat is cheap, and the
hat is cheap and everything else you buy
IS cheap. but you pay for these cheap
things with the cheapest wheat you ever
sold; and the workingmen pay for these
cheap things-if he has money TO buy them
at all-out Of the cheapest wages he has
had for many years, and out of the few
est days work in a month. They have re-
versed all this thing. They have seen that
The people had enough of ~cheapness and
so they do not come talking, of c~heapness
that they want to put UP prices. and their
prescription for doing that is the free coin
age of silver at the ratio of .16 to /. That
1t was before, but it will make it seem SO.
We are going to pretend that it is so: just
as the little children in their play houses
take a piece of broken dish and polish it
up and pretend it Is a plate daughter and
applause); just as the little child ties a
Knot in Il handkerchief and pretends it is
a baby. Oaughter) You are to have So
ent dollars and that will make things seem
to be a good deal higher. But in order to
get the same price we are now getting in
the purchasing value of it We shall have
20 get two dollars for one and you will
3eem to be getting more for your wheat.
But it is a pretense: and when you have
sot this apparently increased price and go
to the store to spend it, it won't buy any
thing more than the Old dollar. 1t is just ID
fake; it is a pretense. This great people, fun
Of distress and trouble, full of business de-
preston and difficulty, are to be relieved
by playing childish tricks and MARKING IN
the price of our farms by doubling our dol
value of them. My friends. that is not our
plan of restoring good times.
What followed The Introduction of Demo-
cratic policies? First, there was an enor-
nous increase in the Importation of foreign
goods. That was what the Democrats
promised you-cheap things made by cheap
labor in European countries. BY just SO
many English hats as our people bought
so many fewer American hats were sold.
and just so many American workmen We're
thrown out of employment. All through
the New England states, where you have
of Indiana, those great manufacturing es-
adjustments were closed or put on half
time, or the wages of their operatives re-
duced; and there was Just SO much less
Indiana flour consumed in New England.
What happened? Our gold went abroad be-
cause we were importing so much. But
you say 1t is coming back now, and L will
tell you. why. The business world became
so disturbed and the purchasing power of
our people so reduced that merchants were
afraid to bring in any more foreign goods.
They stopped importations because trade
was depressed: and when they reduced inn
portations and our wheat and cotton and
corn continued to go to Europe the balance
Of our trade was turned in our favor. Men
did not know what the money of the future
was to be and they would not contract for
foreign goods and bring them here"
WHAT A SILVER PANIC WILL DO.
Referring to the question of a double
standard the speaker said: Jefferson and
Hamilton. L think 1 may say without dis
paraging our friend from the P~latte-Jef-
ferson and Hamilton for their time, and l
think for this time, really knew more about
finance than Mr.. Bryan does. Those great
men and all the great men of their time
in this country aud all the great men of
that time and of all other times in all
other countries. have always agreed that
there could not be a double standard dol
lar, silver and gold. unless silver in the
silver dollar was worth as much as the
gold in the gold dollar. When Jefferson
and hamilton and their compeers eStab-
lished the ratio of 16 to /, that was just
what they were getting at. Sixteen ounces
of silver was then worth as much in the
market as one ounce Of gold, and SO they
counted at that ratio. But now men who
n.n ~ tn ncra~aa NO -u1a
say they are Jeffersonian Democrats, pro-
pose to ignore what he said and propose
the commercial ratio is SIS To 4. The effect
would be to put gold out of circulation and
every man knows that would bring on a
spread this country over and touch the in
terests of every man in it. Many of them
l don't care what it is; panics are always
scares. There may be something to be
at and there may not; but their
same. It may be there is no fire in the
theater, but if the alarm is given and men
are trampled to death. So we are to have
a panic. To use an old and rather slang
illustration. the country is to be thrown
into financial fits by these doctors. and
then they are to bring US out of the fit.
We don't know whether they can do it.
We have no reason to trust their prophecy
we shall come out stronger than we
mir. BRYAN saws that we are a great
an l. We'll l1 4 Gu IL " NC ao
great as l believe ii 10 be. / wish he be-
lieved it to be so great that the President
of IN" rT~f+od StsteS would not have to
ask the consent of the Governor of any
State before he executed the laws of the
United States. (Applause.) / believe it is
big. / have a great conception of my
ntry. i have q great love for it, and a
great love for it's people,; l wish them to
be prosperous and happy; there is no sacri-
| would not make to make them so.
(Applause.) But what difference does it
make how great the ountr Is, how strong
it is, il you are not going to call those
resources and that strength INTO the sup
port of this silver when you coin it? Yeu
and stamp it for him free of cost, and
then the United States is shut out of it.
1t gives no guarantee as to what its value
shall be. 1t is to take care or itself.
the wealth nor the pledge of this
country is behind it to keep it of the value
of 100 cents.
THINGS WE CANNOT DO.
'If I am in a fight l don't care how big
the man is who stands near by me, unless
he is going to put his strength into the
on my side; and the plan of the free
silver people will not admit the idea that
the government shall do what it is now
doing with silver. They will not admit the
idea that the government is to support this
coinage: but it is very well, because the
government could not support it. If all the
silver of the world and all the old battered
silver tea pots and teaspoons are brought
in RI he coined In this rOIIpfrv into cfIvar