The Gazette and land bulletin., 1900-01-27

the ReDublican Party IN Ine coming
q for the Presidency is to be judged by the record OF
H. f the present administration it point, first,
@t@ to the prosperity with which the country is now
~ blessed. This prosperity began WIN tne lnausu
S ration of President Mckinley and the 1nstallaton
60 Rublican House of Representatives, the people nav
inc faith and confidence that the promises mace IN CrG pre-
n campaign would be redeemed at an early day Fresl
I NcKnlev called extra session OF Congress, ana Ce
Ti low 50 called was passed, and became powerful
% IN the restoration of prosperity Moreover the sue
s Of the Republican Party in 1896 made IL lnPOSSloe
for four years at least-for Mr. Bryan ana Ills w
1oro, orr credit and money together, 1hese wv
ng united gave Fope the country business reVVeu
and the wheels of industry began to move ana increased
mpcvment at fair wages was soon TO oe loulu ol " "0
wished to work. -, =, r -.
M situation now is marked contrast with that OF only
few wears ago In 1898 the country passed through panic
Of almost unprecedented severity. The elecCoh VI leel
dent Cleveland and his party avoWed purpose ~ cls0
mp industrial nolcv bv change in the tariff IN the olfec-
tn Of free trade had the effect of parayzng our nduS
tries and thus forcing laborers to quit work; Wlt
this just fear that our money stauiu ~1S va 60 rycb
be desed bv the infusion into our circulation OF 50 c
silver that it would be impossible to keep II at par Will
Ud These two things uniting brought on the panic anu
although late in 1898 Congress repealed tne Pulo"Ss
csp Of the Sherman act to discontinue III ter
cses of silver nevertheless, with the tar quesCloh s
menace the panic only partially checkeG' M +oo
similar alarm again seized the pubic mlnu SV Cle
of the last Presidential campaign, when the DemocaVlc
n +ba first time made an open and positive decarao
ton in favor of the free coinage OF silver at Ve ' W
to without the aid or consent of any other naton GS
OF VI
ard from sold to silver Its action had the a1ecC ol COLI
tnung the depression in industries and TRACE pe8u III
1893 50 that in 1896 there unrest when lor Co
kept business at standsiill, and the country was hac
ly prOStrate , =, 80 Who
1t was then declared by Mr.. Bryan, and py tnose wnU
followed him. that it was impossible to restore prosperity
unless free coinage of silver should be PROVIDED 1or o
legislation They argued that if this were not oohe % I
because of the scarcity and consequent appreclao1 oi
there would be aggravation OF the SITUATION % + t5
The Republicans on the other hand, insisted tnaV e
true road to prosperity, and to the restoration o V
ons existing before the panic of 1898 dependeo upon
election of President Mckinley, upo the 49,
his parys policies and upon the preservation anu Ie
maintenance of the gold standard of money lhey Po1
eed that if these things not done, prosperity WouO
quickly come again to the people of the United otacS Sc
cured by the preservation of money standard the
our industries the extension of our markets anu m m
1ul employment of labor-this last bringing IN tur' Gil
arged markets for agricultural products
In the past three wears every prediction made p Ge NC
publican party has been realized and Verneo anu w.
Promised made has been faithfully kept; whilst every pro
PheSy made by political opponents has falleo' -
Before 1896 the Democrats and the Republicans alike
cognzed in their national platforms, that the gold sI
ara should be maintained and that all money snouo
Kept at parity by legislation. 1t an accePCeo uo
Urine that free coinage of silver would bring monoet
nSm resulting in the Punishment of gold ana oeoase
standard of money.
1t axiom in economic science that with free conas
the value OF the be greater than that OF the ma