The Republican. [volume] (Oakland, Md.) 1877-current, 1898-10-20

money coming TO the working man at
the end Of the week than to the big
gest creditor in the world The man
who earns his bread in the, sweat of
his brow is the man who controls the
elections.
He said of the democratic catch
phrase, tine gold and silver Of the
Constitution" that gold and silver
were not mentioned in the constitu-
ton.
AS evidence of the democratic
party's adherence TO free silver he
noted that in every state convention
this year except two the financial
plank of the Chicago platform had
been . reaflirmed, and that Coin
Harvey had been selected by the dem
ocratic national committee to collect
silver campaign fund.
The democrats claimed to have
taken the republican party by 1.-The
scruff of the neck" and forced them
into the war with Spain. He said,
let us admit this for the sake of argu-
ment. He was proud of the fact that
the republican party was a party of
peace, and that under the direction
of that well-poised mind, that of
William Mckinley, they did every
thing they could to avert war He
reviewed the splendid manner with
which the republican administration
took charge of the war and charged
that the democrats, although not
lacking in patriotism, could not resist
the temptation to tack on to a bill
designed to raise revenue the princi-
pie of fiat money. They did not
want bonds issued, but wanted to
issue a hundred and fifty millions in
greenbaclls, which in 1860 they had
declared unconstitutional.
In closing Col. Pearre pledged him
self to stand for sound money, for
protection 10 American interests,
American labor and American manu-
factures, and that he would uphold
the administration of that distin-
guished soldier and statesman, Will
liam Mckinley
Immediately following Col Pearre
Senator Wellington was introduced
and when he stepped to the front he
was greeted with bounds of applause
Mr.. Wellington gave a review of the
campaign of 1896, and declared that
every pledge and every prediction of
the republicans has been fulfilled and
every prediction of the democrats has
proved false.
The first act of the triumphant
party, said Mr.. Wellington, was to
pass the Dingley tariff bill, which in
the first year of its operation has
demonstrated beyond q peradventure
the correctness of the republican pO-
sition. Itproduced sufficient revenue
to pay the expenses of the admins
tratiOn of our government during
times of peace. 1t also had the effect
of encouraging American manufact-
urers, relighting the eXtinguished fires
of industry, giving employment to the
idle laborers of the country, produc-
ing upon American soil, of American
material and by American labor com
modities not only sufficient for her
own consumption, but of such amount
as to enable us to sell largely to for
eign countries.
During the twelve months after the
passage of the Dingley bill there was
an entire transformation of our con
ditiOn, both so far as internal affairs
and foreign trade were concerned.
/ The balance of trade, which has been
| against us during a part of the Cleve-
/ land administration, was reversed
and became balance of trade in our
favor.
The statistics give us such an ac-
count as astonishes even those who
had firm belief in the efficiency of
protective tariff. The result shows
that our exports exceeded our imports
/ by six hundred and fifteen millions of
dollars in the first year, and we be-
came a creditor instead of a debtor
nation.
BY reason of this state of trade, we
paid every obligation, either of indiv-
idual or national character, which
was presented for redemption, in gold
or its equivalent. We brought into
the country over one hundred and
fifty millions of dollars in gold coin
and bullion, and we credited Euro
pean nations to the extent of several
hundreds of millions for commodities
and products which we sold them.
This splendid result was brought
about by singular combination of
favorable circumstances which all
tended in the same direction.
American capital began to reinvest
itself in American manufacturers; the
industries which had been idle were
put into operation, new industries
were established and, in addition to
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