The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-04-14

MILWAUKEE,, Wis, April 10. = The
Jefferson club, of Milwaukee, celebrated
the. natal day Of the founder of Democ-
racy by banquet at the Plankinton
house tonight, which was attended by
over 400 guests. Col. William jennings
Bryan. Of Nebraska, was the guest of
honor, and delivered the principal ad-
dress. Delegations Of Democrats were In
attendance from many towns throughout
the state. and nearly all the Democrats
from the state legislature were present
Col. Bryan was escorted, on an early
train from Chicago, by a large delega-
ton from that city, and Mayor Harrison
came later, also with a. large number of
escorts
The banquet hall was beautifully dec
GRATED with the national colors, and back
of the guests of honor, above the plat
president.
DOCTRINES OF DEMOCRACY.
Col. Bryan spoke on Democracy" He
said. in part:
We are now near enough to the next
campaign to be able to form some idea
of the lines along which the contest will
say that those who, in 1896, gave their
allegiance to the Chicago platform are
united today in the determination that no
step taken in 1895 shall be retraced. That
platform applied to the conditions then
existing, which had been Democratic from
the beginning of the government. Sug-
gestions that we abandon the money
deserted the party in 1896, but those sug-
gestions are not supported by evidence
tending to show that the position in 1895
Was put 3p are predicted upon the
party once lost can never be revived,
and what seems most strange. this argu-
ment, is made by those who have fol-
lowed different course in the past.
In 1888 Mr.. Cleveland was defeated on
the tariff ISSUE. and yet the tariff was
made, made the main issue in 1892, and Mr..
rison, was defeated largely on account
of the Mckinley bill. and four years
later the author of the bill was nominal
s ca upon a platform reaf1irming the be-
lief In protection, and was successful
Thus 1t Is seen that in two instances
recently a losing issue in one campaign
became winning issue in the campaign
MONEY ISSUE.
,ss,ia The test test ought to be not whether the
whether the position taken is right, If
the gold standard was unmerited In 1896
1T is unmerited now. If its maintenance
people,of this country then, It is-a detri-
ment now. II In 1896 1t was so hurtful that
the Republicans promised to put forth
tional bimetallism for it and after the
election, was still so hurtful that the
president sent commission to Europe
TO secure foreign aid in abandoning it.
what has happened since then to make
the American people accept it as a bless
ing? If an increased discovery of gold in
Alaska has been of any interest to the
&c hui Il
that the quantitative theory of money is
correct. II large balance In favor of
the United States gives any relief because
Try, 1t is an additional argument in favor
of the quantitative theory of money.
Bfmetallists have contended that times
the double standard, and by the in
creased supply of standard money thus
furnished for the business of the coun-
try.
While it is unnecessary to discuss the
question of ratio, until some other ratio
Is proposed, 1t may not be out of place to
5s suggest 5sgss 1s that, lS to being the ratio at
It is the ratio at which the mints should
be opened. To increase the ratio by in
creasing the size Of the silver dollars
present standard silver dollars into oua
lesser number of dollars, and the increas-
ed ratio made throughout the world
would result in a large decrease in the
value OF a dollar depends on the number
or dollars, such a change would neces-
sarily increase the purchasing power of
dollar and increase the burden Of debts.
1t would be equivalent to a transfer by
legislation of a vast amount of wealth
from the producing classes to the money
owning classes.
The attempt Of the Republican party to
retire the greenbacks and substitute for
them national bank notes will give to
that question greater prominence than
nn1nV0d 1908 he
national bank note never became more
valuable than the greenback, because II
was redeemable In the greenback The
national bank note is good only because
the national government stands as an en-
dorser of the bank. If the value Of the
bank note Is dependent upon the govern
ment, how can 1T be any better than the
governments own paper, and why should
the government pay national banks
bonus to induce them to issue bank mates,
which are in no respect superior, and in
some respects inferior to the greenbacks
Issued by the government and for which
the people pay no bonus?
GROWTH OF TRUSTS.
The trusts are now absorbing an in
creasing share of public attention be-
cause eau of Of their rapid growth during the
and an oil trust some years ago. We
now have a biscuit trust, and match
trust, and a meat trust-in fact trust
milk trust reaches the Infant ash as he en- M
tters, the world; the Ice trust cools him
In the summer; the coal trust keeps him
warm in the winter, while the coffin trust
waits to receive him when lifes dream Is
over. The people are beginning to see
what the principle of monopoly really
means, and yet the principle of monopoly
80 plainly illustrated by the industrial
trusts. does not differ at all from the
principle of monopoly which underlies
both the gold standard and the paper
money trusts.
The Democratic party Is prepared to
face the future and meet new is-
sues without abandoning the old one. The
standing army be increased to 100, 600 men,
II citizens born in the United States are
ignorant Of the burdens of standing
army they can receive instructions from
those born in European countries. Many
Europeans who are now worthy citizens
Of this great republic left their European
homes because of the burdens imposed
A great army may be good thing for
the railroad companies, which will carry
them from place to place, and for the
large contractors, who will furnish food
and raiment for the soldiers, but 1t is
distressing burden upon the plain people
OF the country; especially upon the labor
unfair share Of the load has fallen.
When 1 was q boy remember visiting
9. wheat field which had been attacked by
the army worms. 1t occurs to me that
this tendency towards large army es-
tablishment-this new army worm-will
prove more destructive to the crops Of
the. farmer than the army worm with
which the farmers are now familiar
QUESTION OF IMPERIALISM
Upon the subject Of imperialism, I need