The Bellefontaine Republican. [volume] (Bellefontaine, Logan County, Ohio) 1855-1905, 1903-09-25

tons of steel in 1896 under the Demo
cratic free trade tariff, which your
party enacted, but which you opposed
IN congress because It was not suffi-
ciently radical In its free trade. Would
you go back to those old conditions?
In 1896 the railroads operated 1S2,-
s69 miles. and in 1902 there were
z01, ,s39 miles operated. In 1886 the
roads carried nearly "a billion tons OF
freight one mile, and in 1892 this total
was nearly 160 billion tons one mile,
over 20 per cent increase in six years.
Which Of these periods proves pros
perity?
In what way do you think 1t evil
dence OF evil days present with trou-
bles to come, that our vast armies
OF workers were. in a large measure,
kept employed upon the importation
Of over $500. .000. 900 worth of manufac-
turers' materials out of our total i'm
ports Of $1.O25 .61s. .127, in the fiscal
year ending June 80. 1903?
Do you consider 1t a sign Of bad
times. token of troubles to come,
that instead Of three million wage
earners being idle at one time against
| their will in the last Democratic year.
as stated by Mr.. Gompers. the labor
leader. there was never a time in the
past fiscal year when an appreciable
number were compelled to be idle
by existing business conditions?
Will it aid your campaign IL you
produce a panic that will lessen the
labor and the wages Of more than
| seven million workers in our six hum
| dred thousand tariff-protected fac
| tories?
In 1890 the census showed $500. 900
persons engaged In agriculture. farm
property values were $4,000. .0o0. 900.
and farm products were worth 81. 400
| 100000: while in 1900 the number of
persons so engaged had increased to
| 10000. 900. according to the census:
farm property values had grown to
$50. SOC. 100000 and farm products had
increased to $3.700. .000. .0c0. Do these
gains prove prosperity or a panic?
| From March. 1900. up to June 80.
1903. the number Of national banks in
creased by 1885; their authorized cap
ital increased by Sl3s. s.46s, 900; their
circulation secured by bonds increased
by $155. 5.920.613. This gain took place
principally throughout the smaller
cities and towns of the country. which
were sadly without safe banking facil-
titles until the passage Of the law for
that purpose approved by President
Mckinley March IA. 1900. Do you
base your prediction Of panic upon this
Il Lra IL. nf he ur
banking system, with its almost per-
feet protection to customers. or upon
the amazing increase OF nearly 100 per
cent in the in..vidual deposits of the
national banks from 81 l.695. 900 900 in
1895 to $4,000. 100000 in 1903?
De you perceive any evidence that
"the country is on the verge of panic"
in the fact that the money in circula-
tion in the United States in August,
1903. was $2.3S1. .OO0. 900. an actual in
crease from July /. 1896. OF $S75. 5.000.-
900. or a IS per cent gain in seven
years?
Do you base your prediction Of panic
upon the increase Of the money In cir
culation in the United States from
$21.40 per capita in 1896 to s29.55 per
capita in 1903. an increase of SSH for
each person In our population?
Have your prophecies of evil any
foundation in the fact that while the
national wealth in 1895 was computed
by competent authorities at an asgre-
gate of SIT .000. .0O0. 900. and in 1900 at
$s4, 900. .OO0. 900. while in 1903 It ia
fairly estimated at 500. 900 900 900. be-
ing an increase of s23 900 .000, 900, or
80 per cent in eight years?
The deposits In savings banks In
the United States in 1895 were $780,
100000; in 1902 they were $2.750, ,000.-
900. an increase Of $940. 900 900. or over
so per cent The number of persons
having deposits in the savings banks
in the United States was 4.S75.0 in
1895. and In 1902 II had grown to
$685.. 900.
In Ohio. alone. the deposits in the
savings banks OF our state were $685.
00O, 900 in 1895. and S4S 1000. 900 in 1902
an increase of SIS ,000. 900. or As per
cent The number Of persons in Ohio
who had deposits in savings banks in
1902 was 21 900 greater than in 1895.
savings. immense in the aggregate. yet
on the average representing the econ
omies of the thrifty and prudent
among our people. Every one Of these
, vast multitudes OF saving persons has
. his or her property made less secure
, by every such utterance as that &C
. credited to you. Would II not b
!, cruel, even IL correct. to precipitate
, such a panic. and IL not correct Is no,
your conduct criminal indeed?
Mr.. Johnson. how do these fact.
and figures of actual business condi
tions. under Republican administra
tions. compare with the predictions IL
, respect to these things. made previous
thereto by William J. Bryan. the onl,
: Democrat outside Of Ohio whom yol
, have invited or permitted to come in
to this state. to teach the citizens o
Ohio their political duties? BY tn,
, peculiar prominence you have given Il
Mr.. Bryan, do not you. and your nom
:, mated candidate for United State
senator, John II. Clarke. becom,
|, sponsors anew for Mr.. Bryan and hi
entire political position? In tina
!, case. how are you going to ex
plain these ords which he spok
r in 1896: IF Mckinley and tn,
n Republican party are successful an,
\ put in power for the next four years
. wages will be decreased. hard time
will come upon us all over the land
: the price OF wheat will 60 down an,
A the price OF gold will 60 up. Mort
4 cages on our homes will be foreclose,
n by the money lenders; shops and fac
tories will be closed. We win expor
NO goods. and We will import fro1