Richmond daily palladium. [volume] (Richmond, Ind.) 1876-1904, 1898-09-12


abundance. and yet, Notwithstanding
all these advantages, our country In a
monetary point OF view is in a condition
most depiorable. In tin, midst of UNI
surpassed plenty in all the productions.
and in ali elements OF natural wealth.
we find our manufactures suspended.
our public works retarded. our private
enterprises Of different kinds abandoned
and thousaud of useful la borers thrown
out of employment and reduced 10
want
The counterpart of this calamity
message is found in President Cleve-
lands message in 1898, when the people
realized that they were doomed TO the
ruinous experience that similar leglsia-
Il on had brought in the SOS as revealed
i n the message quoted from.
While il is true that history had re-
vealed the ruin that had followed in the
wake of the Walker revenue tariff law.
both on the credit of the nation and the
ruin TO farmers and manufacturers, IN
short to the whole country, yet how
soon we forget the records of history
and bend listening ear to the sophisins
of the willy politician. Intense was the
condemnation of the Mckinley tariff
law in 1890 and 1892. Bitter were the
anathemus heaped upon this law. Dark
were the pictures drawn the wrongs 1t
imposed upon the farmer. Again Were
the arguments of lS4i presented and
larger markets and better prices prom
ised through the breaking down of the
Chinese wall" of protection and thus
securing the broad markets of the
\ f.,l
The Democratic party was elscrNd &c
full and untrameled control of the ma
ton. Like the little boy who began Il
scream before he was punished. said h
knew what was coming, the country
knew what was coming and the dis
trust created panic before law was
changed. Let the recon IS tell the story.
(See statistical abstract 1896. page 1897
Agricultural exports in 1892 ......$ 5ss 81. %.
In 1875, under Democratic tariff 53S.2l5,3li
In Ism, under Democratic tariff 5ta,ssa, ~,
Or average loss of more than. g3',ooh"
Total exports lss.. = l.olo,.5e,ol
Total exports 1895 .. ........ .93. ~. 5es
The total of all our expo rts in 1896
were 1896. 633 less rj'a l agricultural
products alone i'll 1899.
Again with the introduction of the
Republican party into power we find
the return of confidence and increase OF
trade. We have exported for the cur
rent year ending June 80, 1898, 81 .23l.
329, 800 worth of products; farm prod
ucts. $S5+. 621, 929; being an excess over
the exports of farm products i'll 1895 o.
S30i Alp, 6I2, and of 1896. 1884, 74S. 632
During the four years of Democratic
rule the bonded debt of the nation wa.
increased $262 900, 900. the shrinkage Of
the number of farm animals was %, 900.
900 and the loss in value was more thar
$500, 600, 900, while the loss III othe
farm crops exceeded 800. 600. 900 a
] shown bv statistical as well as aRricul
taral reports.
The free silver maxim that values O.
silver aud farm crops went up ane
down together has been refuted by tn,
economical tests of markets. The farm
ers. representing the different farm i'll
dustries, met with the state board
agriculture in their rooms, January
1894, and there, without dissentin,
vote or voice. passed resolutions calm;
upon the farmers from Maine to Cab
fornia to unite and pledge themselve
to vote for no man who supported tn,
Wilson German Democratic tariff bill,
with ITS iniquitous discriminate,
against the farmer. The promises
made to the farmer of broader markets
and better prices were as remote from
fulfillment as promises based upon falls,
and illogical assumptions could be.
They dared not face the men they had
misled. deceived and wronged. To di-
vert attention from the fallacious argu
ments they had made in 1892. and ii
the face of the rebuke of 1894, the party
felt 1t must offer some enticement I,
catch the farmers vote. The market
of the world" theory could not win, buI
they believed cheap money would win
and hence. III the face Of financial his
tory. and in opposition to the greai
leaders of their own party, and agains:
the wisdom of their great Journals, they
sought to enroll the United States
among the semi-civilized, non progress,
sive free silver countries of the world
Like the man who took unto himself
seven other spirits more wicked than
himself. the latter blunder of the party
was worse than the former.
-fhey said the crime of 49, was par
emit to all of the ills of the farmer and
the nation had ushered in a calamity
era. They said the destruction of the
dollars of the daddies" in 1878 was the
Climax of imquitous legislation, and
that the unjust discrimination against
silver had caused contraction of the cir.
eulatins money and a corresponding re-
duction in values. This argument was
based on false aud Elusive promises
Silver WAS NOT demonetized Silver
dollars have full purchasing and debt
paying power.
In answer TO a letter written June S,
1896, Hon. John G.. Carlisle. secretary
of the treasury, answered that there
were coined prior to 1878 but S,031. 25s
silver dollars. and that none were in
circulation in 1878 and had not been for
many years. and that fi24. IFS. 1886 80 of
subsidiary coin had been issued during
the 81 years, or since the passage Of the
first coinage act. and that none of this
was III circulation. Total amount o.
silver coined prior to 1878:
Silver COLLARS ----.--.S ssc'l-2a.
Subsidiary coin ia. ia. $50
Total -. Sl.S, ~. sp4 -
WITH NORE IN CiRtyf7GATI0N NIT