The San Francisco call., 1896-10-16
Talks by Ex-senator FELTON,, Con
gressman Loud and Hon.
T. B. 0'Brien.
THE DANGER TO THE NATION
Mr.. Loud Called Attention to the Safety
Of the Peoples Money Now
in the Banks.

sylvester ShaDen preSlQeus introducing
such distinguished gentlemen as ex-Sens-
tor FELTON,, Congressman Loud and Thomas
B. O'Brien.
Messrs Loud ana O. Brien and Judge 81.
L. Joachimsen occupied the platform.
Charles Ward enlivened the occasion
with a piano solo. Before he had finished
the proceedings were interrupted by the
entrance of the Thirty-tirst and Twenty
third District Republican clubs, with fife
and drum and transparencies, the men,
bers carrying American flags. Their ar
rival was greeted with enthusiastic cheers,
and cheers were proposed ana given for
Candidates Sullivan and Welch for the
Senate, and for Congressman Loud, Hon.
T. B. O'Brien and Judges Treadwell and
Joachimsen, and George w. Elder, candi-
date for Street Superintendent.
Messrs. Gallagher ana Barrett sang a
comic song laudatory of the Republican
candidates, which was encored, and in re-
sponse they sang Ryan and O'Brien."
Congressman Loud was introduced by
Chairman Shaben with few well-timed
and eulogistic phrases. Mr.. Loud began
by saying that the PhenIx Club had been
heard of and it's influence had been felt by
the whole State. He complimented the
Young Repu blicans of the club for their
loyalty and enthusiasm in the cause.
When at the outset OF the cam paign he
had been told that very many. had left the
ranks of the Republican party, and when
he asked where they were, and the reply
was given shat they were not in the City,
but somewhere back of the hills, from that
day TO this he had been going farther and
farther along in search OF those Repub-
licans who were said to have left the
ranks, but he had not succeeded IN finding
them.
He then proceeded to speak on the SUBJ
1ect of the decentralization of silver, and
remarked that it was a strange colnci-
dence that for nineteen years after
the passage of that act the coun-
try had enjoyed prosperity never be-
fore known IN It's history, ane that twenty
three years afterward, Just when the DEM
ocracy was going out of power, it should
be discovered that the demonetization of
silver was responsible for the present
distress under the operation of the Wilson
act
Mr.. Loud denied that this Nation ever
was on bimetaIIle basis, and contended
that as soon as there was deviation of
even the traction of cent in the value of
one of the metals the parity would cease
and one of the me tails would disappear
from circulation. He asserted also that
the opening OF the minis to the free COIN
age of the silver of the world would cut
the circulation in half by driving every
dollar of gold out of the country.
The speaker said that he was not an
alarmist, but he would predict that as
soon as the Democratic party gets into
power, if that time should ever come,
every business institution IN the Nation
would be closed. Take out OF circulation
the $500, 600, 900 of gold upon which rests
its paper money and its silver and every
bank in the United States would close
within twentv-Iour hours. He had heard
people damn the banks and the BANKERS,
but they did not reflect that 146 600 people
in the State OF California had $144, 600 600
in the banks of this State, and those
people were entitled to every dollar Of
those deposits in as good money as they
put in.
Mr.. Loud impressed upon the minds Of
his hearers the necessity OF electing Re-
publican to the United States Senate. AS
matters now stood there was Popultsuc-
Democrat tic ree-silver Senate, and the loss
of California from the Republican ranks
would be serious calamity to the people
of this Union.
The fate of the leaders OF the French
revolution whose heads rolled under the
guiliotine at the whim of the mob which
they had placed in power was recalled by
Mr.. Loud, who made their fate apply to
the demagogues of the Democratic and
Peoples parties.
After Mr.. Loud's address Messrs. Gala
CHER and Barrett favored the audience
with a song and an Irish Jig.
Ex-senator Charles /. FELTON, was the
next speaker. He told about. his first
meeting with Congressman Loud five or
six years ago. He saw ct once that Mr..
Loud had that rare quality, the courage of
his convictions, and that he was one of
those men who, when they found what
was the right, had the nerve to proclaim
it and stand up for it. Because of Mr..
Loud's ability and the impression he had
made upon the other members of Con-
gress he had been appointed chairman of
the second most important committee in
Congress.
Mr.. FELTON, advised the people to return
Mr.. Loud TO Congress and they would
have a representative Of whom they n eed
not feel ashamed. He himself wanted TO
feel when he visited the National Capitol
that it would not be necessary to bow his
head in humiliation because OF the in
efficiency of some representatives whom
this people had sent to Congress.
Mr.. FELTON, explained that his ambition
was satisfied and that he was not seeking
any office All that he wanted was the
prosperity of the country and the happi-
ness of the American people. de believed
that there was nothing so forcible as
truth, nothing so wise as common hon.
esty.
Thomas B. O'Brien, the next speaker,
was received with a round of the most
fatterine applause. He compiimented
the majority OF his hearers on being
American born boys, the most of them
being native sons of the Golden West.
He spoke of his am Dition to represent the
Fourth District in Congress- district
which he said was being misrepresented
by the incumbent, who was an idolator OF
the foreign English policy OF free trade:
He asked which policy was 1t that had
made this Nation the grandest that the
sun ever shone upon, the Republican pol
icy of protection or the Democratic policy
of free trade? He remembered the hu-
initiating spectacle Of the Industrial army
TWO years ago walking the streets poorly
clad and starving. Six years ago IN this
City $1,000 people were employed IN
eighty-nine industries; to-day there are
only 5000 people employed In this City.
The annual output six years ago OF San
Francisco was $120 100000, and 1t has
dwlndled down to $47, ,000.00
This deplorable state OF AFFAIRS, the
speaker contended, had been brought
about by the destructive Democratic policy
OF tariff for revenue only. His Demo.
tic nod aoid nn the 000T OF