The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-08-13
A Former Democrats Views.

A Former Democrats Views.
A gentleman who has heretofore been
prominent in the Democratic party, and
who was an ardent supporter Of Mr.
Bryan in the last campaign. in speak
ing of the present political situation.
summed 1t up as follows: -Four years
ago the business of the country was in
absolute chaos; money had gone into
hiding: old established industries were
shut down for an indefinite period, and
there was an absolute stoppage of all
the work in the development of the re-
sources OF this country. Leaving pref
udlce entirely to one side, every can
did man must admit that the election
of Mr.. Mckinley was the signal for an
Immediate change from these condi-
tions. and an industrial and business
revival which has brought this country
to the highest point of prosperity which
It has ever known. 1t may be said that
the Republican party is not entitled to
the credit for these changed conditions:
that there would have been as great a
change II the election had gone the
other way. l do not believe It: for I
saw, and every man saw, that the cleo
ton Of Mckinley meant the immediate
restoration OF confidence: that money
promptly came out of hiding and imme-
Atox ~ xNn<
improved conditions followed immedi-
ateiy upon the restoration OF confidence.
I am satisfied that there would have
been no restoration of confidence had
Mr.. Bryan been elected Moreover. I
am thoroughly satisfied In my own
mind that his election this fan would
result almost Immediately in a restora-
ton of the conditions which existed Inn
mediately prior to the election of Nc
Kiniey. That there would be an imme-
date loss OF confidence by investors.
who would at once seek to withdraw
their money. precipitating a panic; that
money would again go into hiding: and
that the great gains which the country
has made In the past four years would
be as rapidly lost. For these reasons
I propose TO vote the Republican ticket
in the coming election. and to do all IN
my power to aid In securing its sue
cess"
The position taken by this gentleman
Is one which cannot be successfully
eontroverted: and II Is worthy OF note
that II is In exact accord with the Re-
publican arguments which were made
four years ago. when the money issue
was the only one which really cut
much figure in the campaign. II will
be remembered that the principal Bry-
anite Arguments then were that the
Industrial depression was caused by the
lack OF sufficient money with which 20
do the business of the country; that
untIi there was more money there could
be no Industrial revival. that the lack
OF money was due TO the discontinue
ance Of the free coinage Of silver; and
that when free coinage was resumed.
insuring an abundant supply OF money.
business would resume It's normal con-
dItion. The Republican arguments all
through the campaign were that II was
want of confidence. not want OF money
which was keeping investors out Of the
market; that there was an abundance
OF money. but that Il was In hiding.
kept there BY fears Of a t&mperiug with
the currency; that the threat Of Rry-
anism was the greatest factor in main
tanning the condition % Industrial mos
tration; that the election o, MeRinley
would be the signal for the revival az
confidence; tina, money would come cut
az hiding. conditions would Improve TIM.
nedlateiy; and that as soon as proper
protective tarlr could b. framed ana
passed. the country would enter upon
an era Of prosperity. These Republican
predictions have proven true. ana =,
was because of a Republican success
that they ala become true. there was
no mere coincidence about n.
This year The Democrats are not
coming forward with any qnsok RENE
dies 70 relieve distress. for there Is no
industrial distress 70 relieve. In lieu
thereof they are now hilea with a pre-
tended fear that the people will BE- 70
blinded BY their present prosperity that
they wifi permit some portion Of their
liberties to slip away from them. The
hugaboos Of imperialism and mili,arism
are the specters which they are excit-