Smyrna times., 1900-08-29
POINTED ISSUES
OF COMING CAMPAIGN
REPUBLICAN TEXTBOOK SOUNDS THE KEY
NOTE ON PUBLIC QUESTIONS.
Convincing Array of Facts, figures and Ar
guments That the Democratic Party
Will Have to Meet.

The Republican campaign textbook
has Just been issued and will soon be
available for general perusal. After
enumerating the principal claims of
the party for popular support - the
prOmptness with which it has fulfilled
its pledges Of 1896, the general pros
perity since that date and the obvious
fallacies Of the questionable book
then presents a grand array of sta
tistlcal evidence in proof Of the sound
ness of these claims. Among the facts
cited in evidence of business improve
ment under the Mckinley administra-
tiOn are: The reduction in failures
from $346.00O,000 in 1898 and $780,
100000 in 1896 to $90.00O,000 in 1899;
the increase of clearing house returns
from $52,OOO,O00,000 in 1896 to $780,
OO0,OO0,O0O in 1890; an increase of $780,
100000 tons of freight carried by the
railways in 1898 as compared with
1894, and an increase of more than
S2,000O00,0O0 of bank deposits in 1899
as compared with 1894. This great
=
exports and light imports, which are
shown to have always accompanied
the protective system, has resulted in
an enormous increase of the money In
circulation despite the assertions con-
stantly made in 1896 that there could
be no material increase in the circulat-
ing medium without imitation by
1f oil Nnf
withstanding the rejection of that
proposition the money in circulation
in the United States increased from
S1,5O6, ,434, ,966 at the date of Mr..
Bryan's 1896 nomination to $2,0G2,-
425, ,496 at the date of his nomination
in 1900. while the gold and gold certiti-
Gates in circulation, which in July,
1896, were but $497, 100000, were in
July, 1900, $S15,414,0OO, the per capita
of circulation thus increasing from
$211O at the date of the Chicago con-
vention of 1896 to $26.50 at the date
of the Kansas City convention of 1900
Manufactures and Agriculture.
OF the manufacturers the book shows
their prosperity from the enormous in
crease in the amount of raw materials
which they require for use in manu-
featuring and the equally striking in
crease of the exports of their finished
products. The impOrtations of raw ma
terials for use in manufacturing, which
in the Democratic year 1894 amounted
to only $13S, ,922, 735 and formed only 81
per cent Of the total impOrtatiOns, were
in the year 1900 $302, ,264, LOG and
formed 50 per cent of the total impor-
tatiOns, while the expectations Of fin
ished manufactures, which in 1894
amounted to but $1S3, IDS, sos and form
ed 21 per cent of the total exports,
were in 1900 $432, ,2S4, 1866 and formed
81 per cent of the total exports.
The evidence of agricultural pros
perity under protection and sound mon
ey as compared with conditions under
low tariff and currency agitation Is
even more strongly marked. The
growth in consumption of farm prod
ucts among our own people under in
creased earnings Is plainly shown in
the higher prices obtained by farmers
and in the remarkable increase in the
value of their crops and farm animals
The consumption of wheat in the Unit.
ed States, which had ranged in the vi
cinity of six bushels per capita under
the activities Of the protective tariff
years, fell as low as three and One-hali
bushels per capita under the low tariff
and the business and manufacturing
depression which accompanied it, but
returned again to practically six bush
els per capita in 1899.
Prosperity of Labor.
The prosperity of the laboring men /.
equally clear and striking. The re