The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1897-04-14
J,EFFERSON'S BIRTHDAY.
Continue d from First p,.s

|
was S2sy, COZ, QUO, while the same item last
year was S25S, 900, 900. Will ang man
claim that the industries of the Unitsd
States have been ruined, because. for
soath, there has been found here q mar
ket for S19, 000, 600 worth moro of manu-
factu red goods than i've years ago?
! 1t ia said the governments revenues have
| fallen of. Can the mere fAct that the
government considered as an individual
who receives and spends money, has obli-
gated itself to pay more money than 1t
has received, be said to have ruined every
body in the United Statesf II the
the prices which he received for them In
1872. he would have received at least
81, 500, 600. 600 more than he did receive.
Is itInot moro rational to say that the
reason why the factories Of the United
States havs not been proftably patron
lied is, not that they have been subject
to the added rivalry OF SIC, 600, 900 worth
chief customers have had 81, 500, 600, 600
year less to spend?
y, fellow.oitizens. let us bear In mind
that in spite Of all that civilization has
| done for MS; in spite Of tie esse and
luxuries with which she has surrounded
us, We have never yet been able, and
we shall never be able in this world, to
detaoh ourselves from the soil. The pro-
anoef who stands closest to nature Emust
remain as always the most important
factor in our composite industrial sys-
tenn.
This grand, young, giant republic can
safely defy the enemies Of thine and Or
cumstances only az she shall keep her
feet firmly fixed upon the soil. A pros
porous manufacturer with ruined agri-
i'm fu lvrnv& Aucfh 10
conception
What We need and must have In the
United States il a thrifty class of farming
population, able to sell their products at
prices sucf1iciently high to enable them
70 meet all sheir expensesland obligations
an0 have left surplus with which to
bscome the customers of those engaged
! IN other lines .of industry. No tariff
alone will ever accomplish this result.
You must open the mints to the max
Ing OF more money In which the values
OF all human products are reokoned, and
stop this disastrous fall of prices; and
you must, by opening mint to which
sufficient commerce il tributary to
maintain tho parity between gold and
between gold using and silver using
countries which subjects the American
farmer to a ruinous competition. and
which in the1end, and that not distantly,
will subject the American manufacturer
to precisely tie same experience.
1t Is easier to plant farm than to
build o factory. The farmer has felt this
grinding process first, but the manufac-
turer IL already feeling it. The same
thing which has stopped the looms OF
Lancaster will eventually stop the mills
of Boston, Low ell and Philadelphia. The
Indian manufacturer has usnrped the
place of the English manufacturer as the
source of the supply of his own markets
as we'll as of the export trade to China.
Millions of new spindles :are whirling
in,the lat,ly erected mills Of Japan, and
already in the neutral markets of the
world and even in our own, mnnufao-
turers in the Vi ited States are begin
ming to vince unde. Oriental pressure.
Fellow citizens, it is not the q question,
to borrow an expression from the cele-
brated economist, Prof. Suess of Vienns,
whether the world will again return to
the full employment of silver as money.
but as to how much suffering the world
will be content to endure. before doing 80.
With an individual energy upon the
part of each citizen said by stntisticians
TO be equal to that of the combined
energy Of the German. the Frsnchman
and the Englishman; with inoomparably
the greatest steam power and, the.greatest
banking capacity in the world; with
hundreds OF thousands of square miles OF
still unpeopled territory, rich in every
naturalaresource; with ambition unlim-
tied, butlnow battling helplessly against
the bars Of artificial restraint: with q
continent producing practically every
thing that can he produced within the
productive parallels OF the worlds lati-
tudes; lying midway between the gold
using nations of the old world and the
silver using peoples Of the Orient, just
g.. - II ArG
bustling with preparations for the ac-
tivities of modern industry, NO nnticc
mall the world is now, or at .anys other
time has been, in anything like so favor
able situation to take up this problem
and settle it independently as that In
which the United States finds hsrsef
today.
and good sense to say that what France
did from 1903 to- 1873, the United States
OF America can do from 1897 to the end
of time.
But wo should not be alone. Let us
once assert our independence and We
shall hayeEhelp enough. The advantage
of commerce with the silver using
are now competing, would instantly be-
come so largely ours that our rivals
would not stand upon the order Of their
coming, but would hasten to put them.
selves on the same plane of competition
with ourselves.
The great creditor nations''of the world,
who today are holding mp the gold
standard for the very reason that We,
who have products, are compelled to
give to them, who have money, more and
more Of what we raise in payment of the
same nominal amount Of indebtedness,
would instantly takeFoccasion to.negative
and falsify the assertion, now = currently
made that our debts were to be paid in
discredited dollars. They would have
every motive for joining us In maintain
ing the absolute parity of every kind of
dollars.
BELFAST ENGAGES BACON.