The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1899-09-28
Full Text Of the Masterly and Convincing Speech Of the
Republican Candidate for Governor at the
Akron Meeting Saturday

During the same period the expendi-
lures amounted to $1,04s. 40, ,761.65.
There was an excess Of expenses over
rece ipts of s127, 1888, ,so6.27 In this outso
there were more than $3.50. 100000 on
account Of the war with Spain. With
out this war there would have been no
need for war taxes, NO necessity for
borrowing money, and the pledge of the
Republican party to provide money
erough Ito meet the expenses Of the
government and pay it's interest would
have been kept and 50,000,00o applied
to the reduction of the public debt.
Benetits to American Manufacturers.
The new tariff law has been benefi-
cial to American manufacturers. This
is shown by the fact that during the
last two years the importation of for
eign manufactured articles have
amounted to the sum Of $2o6,ooO,0oo,
while in the two years preceding they
were worth s279 800, 900. The law has
operated to exclude manufactured ar
ticles to. the amount of nearly $75,00O,-
900, and thus enlarged for ourselves
tine home market to this extent.
1t was claimed against the new tariff
law that it would exclude from this
country the crude articles necessary for
use by American manufacturers, and
for the Wilson tariff with it's free
raw material theory. that it would ia
cilitate the introduction of these arti-
cles. Actual trial and experience have
exploded this theory, as they have so
many others of Democratic origin. Dur
ing the first two years of the Wilson.
law, the value of these articles amount
ed to only $4O0,0OO,0O0. Under the new
tariff law they were of the value of
$423, 3,0OO, 900.
1t was claimed as an argument
against the new tariff law, that it's en-
abroad, and would result in q reduce
tion in purchases by other countries
from us. 1t is wonderful how little
actual experience has destroyed this
cherished Democratic theory. During
the first two years Of the Wilson law,
the value of American products sold to
foreign nations was 81, ,69O, ,0OO, 900. Dur
ing the two years ending on June 30,
last, it was 2.459, ,O00, 900, an increase of
As per cent, or 769,OOO,OO0. The value
Of manufactured articles sold to other
countries in the two years first referred
to, was about $4,000. 900. and in the
last two years it was $629, 900, 900.
Benefits 60 Ohio Industries.
Among the great industries in which
Ohio producers are especially inter-
ested, are wool and the manufacture
of iron and steel.
Under Democratic free trade, the an
nyal value of imported wool rose to
the vast sum of $4,000, 900, These inn
portations fell in 1898 to SIG, zoo. 900. and
in 1899 to $s,2Oo,0OO. In 1897 the Inn
portations of woolen goods amounted in
value to $49,1O0, 900, but in 1898 they fell
in value to s14.sOO.0o0. and in 1899 to
SIS. 500. 900.
Under the influence of the Wilson
tariff, the sheep in Ohio decreased from
1857 900 in 1892 to 2.l22.o0O in 1897. With
the new tariff law the flocks began to
increase, and now number more than
2,50OO00. The price Of Xxx Merino
washed Ohio wool, was in June, 1896,
17k cents per pound; now it is "a cents.
The exports of iron and steel from
this country in 1895 and 1896 amounted
in value to about $4,000. 900, but during
the last two years they were of the
value of $164,000,000 Under the Wilson
law the importations Of iron and steel
100000. In the last two years, they We're
of the value of only $24, 1000, 200. Thus
the market for our iron and steel man.
ufactures has been increased at home
and abroad. What wonder is 1t that
cur furnaces are ablaze both night and
day. and that the men are over worked
Sound Money Again the Issue.
The Republican party in national con-
vention at st. Louis in 1896, declared
itself to be unreservedly for sound mon
ey, and unalterably opposed to every
measure calculated to debase our cur
rency or impair the credit of our coun-
try. Upon the other hand, the Demo.
cratic party at Chicago demanded the
free and unrestricted coinage of silver
and gold at the ratio OF 16 to /. From
the time this issue was Joined, until
the victory was won in November, '96,
the adherents Of the Republican party
carried on an unrelenting warfare in
behalf Of a sound currency From that
day to this 1t has successfully resisted
all efforts to debase our currency, or
impair the credit of the country. All
our silver and paper currency has beer
maintained at parity with gold. The
faith pledged at st. Louis has been
kept.
Time Proves Falsity of Democratic Logic
The lapse of time has shown the
falsity of all the reasoning presented by
the representatives of the Democratic
party in 1895. They told us that the
United States did not have sufficien,
currency. and that the currency would
not be large enough without free coin,
age at the favorite ratio. We have moi
had free coinage, but the amount OF
currency has been increased. July l
1855. 1t amounted to s1.606, ,4s4, ,s66. Jul,
]. 1899. 1t was 1882. .4s4.sss. The De,