Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1898-09-10
DAYTON'S KEYNOTE SPEECH.

promised the people in the campaign
of 1896 that the tariff should be read
iusted and restored to the old basis oil
Republican protection. We declared
that every dollar, whether it be gold,
silver, bank currency or greenbacks,
should be equal, by the pledge and
faith Of this government, with every
other dollar and should so stand
equal. worth 100 cents in the markets
of the world, and we predicted that
this policy would restore again pros
perity to our suffering country, raise
the value of farm products, and once
again make it possible for the farmers
to sell their products for enough to
pay taxes and reap profit.
We were coolly informed by the ex-
cited opponents Of the proposed ex-
pertinent of free coinage that its in
auguration would bring panic and
additional trouble at first until mat
tiers became adjusted We asserted,
on the other hard, that protection
and sound money had been tested be-
fore by the American people and new
er found wanting, and that its inaug
uration would at once settle the dis
tressed condition of things and bring
us immediate relief.
AS a striking result, money on call
in the money markets of this country,
the day before the election, because of
the very doubt and uncertainty as to
Bryan's success, rose to the panic con-
dition of 80 per cent, but the day after
when it was known that Mckinley
was to be our next President, it fell to
less than one per cent. The result OF
our predictions have been verified in
every instance aud we have no record
of broken banks, ruined industries,
bankrupt railroads, laborless laborers
to point to, but on the contrary our
finances are in excellent condition,
and as a result Of the Dingley tariff
readjustment, The revenues, under
that bill, have proven themselves to
be ample for time of peace. The
gold reserve has maintained itself
steadily at from Sl6o 600. 900 to $780,
600, 600, and the balance OF trade has,
as l shall indicate hereafter, been re-
markably in our favor.
The farmers OF our country have
seen silver by reason of its over-pro-
duction steadily sink in value until
the quantity in a free silver dollar
would be worth only forty-six cents
On the other hand they have seen the
price of wheat, corn, oats, barley, hay
and other products steadily increase in
price until wheat passed way beyond
the dollar mark and almost reached
the highest price in the century They
have also seen their sheep. sold in the
years from 1895 to 1895 for ST. head,
now bringing from S. to S. a head;
they have seen their calves, which
they almost gave away in that period,
now bringing from $40 to $40 per
head they are selling their cattle at
price they did not dream of three
years ago.
The mills and manufacturing in
dustries of the country are open and
running; labor is employed; the soup
houses, the bread wagons, the Coxey
armies are things of the past, thank
Gcd New mines, new industries,
new opportunities for American capt.
talists and American labor are open
ing every day.
ELOQUENT FIGURES.
No far-minded man can view the
difference under this administration
with its correct policies, and that of
the last administration with its false
doctrines without standing in simple