The Montgomery advertiser., 1904-10-08
INGALLS, AT INDIANAPOLIS Big Four Presidents Strong Speech. FOR MCKINLEY IN 1896 Money Question Settled For Good, He Says. Republican Party Arraigned for Its Policy of Protection of Which the Trusts are the Ben
 enciaries.
 


 Indianapolis. Ind, Oct. I'M. E. Inralis President of the Big Four Railroad Company, was the principal speaker at a Democratic meeting in Tomiinson Hall tonight The speaker was escorted to the hall by a process sion of railroad men and Democratic marching clubs. Mir. Ingalls said:
 Speech of Mir Ingalls,.
 "when the national committee tele- graphed that they had assigned me to Indianapolis for a speech this even ing, I was delighted. This Is city In which I have been interested for many years, whose growth and pros perity I have shared and have gloried In its success.
 When I came West many years ago, here is where made my first and best friends. and have always prized my acquaintance and fellowship with Hendricks. Mcdonald, Harrison, Por- ter, Baker, Gresham and other great statesmen. who in their lives so adorn- ed and distinguished this city and State.
 "When I last appeard before you 1t was under different circumstances. It was in this very hall in 1S96 that made speech advocating the cleo ton of Mckinley. I believed then that the election of Bryan meant an econom- ic revolution which would bring ruin and trouble to our people, and espe- cialIy to those who depended upon fixed salaries and fixed wages. and therefore. I felt compelled to forsake the traditions of a lifetime. and sup port a Republican candidate.
 did not believe in the half way measure of supporting Palmer and Buckner. but thought. if were right in my theories. there was but one course to pursue, and that was .o sup port Mckinley. It was only, however, upon the one point of preserving the gold standard.
 Money Question Settled. 5, That crisis Is past. Today there Is no question about it: Whether legis- latien. as some claim, or increased production of gold, as others say, is responsible for it, nevertheless 1t is true that no one in the land would care to go back.
 Tt Is interesting today to listen to the talk of the Republican leaders about how they saved the country in 1896, when the fact is that a large DOT ton of them at that time were hesi- tating and halting, and had no settled opinions as to what the standard should be.
 They had brought the country into a. perilous condition by their trifling with the currency. They had passed 
 duced the financial condition of the treasury by their extravaganza to the direst extremity.
 They were only saved by the gold Democrats-men who thought their duty to their country demanded that they should leave their party tempor- arily, and put a stop to the false and vacillating, financial policy that was going on. They believed they could do this better by getting with the Re- publicans than by. staying with che Democrats.
 This is what bolstered up Mckinley and the other Republican leaders in 1896. Before this they were halting and hesitating, put the strength and gave them courage, and sot 1t was the gold Democrats, and not the Re- publicans, that saved the country from disaster in 1896.
 Prosperity Due to Democrats.
 The credit that has come from the establishment of our standard of val ue. and the prosperity that has at tended 1t. is not due to the Republi- can leaders, but to those Democrats. who, at great personal sacrifice and risk, believed that the standard should be maintained, and whose courage held up the hands of the Republican lead CTS when they were faint and weary with the battle.
 Tt was the moral courage that they got from the sound money Democrats that saved the day.
 This is a good time to look over the past and see what the Republican party has done: what condition our people are in, and what Is proposed for the future. For forty years. almost uninter- ruptedly, the Republican party has been in power. They claim all the honor of whatever has been done. and therefore they must take the other side and It's
 we have today a Presidential cleo tion in which we have two candidates: the personal character of each of whom is above reproach. but in the principles they represent they are as far apart as the poles of the earth.
 "One represents a personal govern ment steeped in extravaganza and inn perialism-the other, a constitutional and economical rule.
 Tn the years of the future, to the minds of some of us, much trouble will come if the Republican candidate and his policies are approved.
 Let us look at some of the claims and acts of the Republicans. Tn the first place they claim that the panic of 1893 was caused by the election of Cleveland and the Democratic admin tstration. Even child, If he stopped to think, would hardly be deceived by such talk as this.
 PBntce NOt Oue 10 sudden Causes.
 "Panics are not produced by sudden causes. It is only after they have been prepared and made ready by long years of financial mistakes, by over speculation. by over-trading. by extra vagancies. that some sudden cause de- velops them. I challenge contradic- tion of the statement before any in- telligent tribunal that the panic of 1905, with its troubles and disasters that fol- lowed, was caused by the unwise leg islation of the Republicans in previous years-especially by their purchase of silver and billing it up in the vaults. and their wasteful and extravagant appro- priations of revenue by which the treasury was exhausted
 When the Democrats left office in 1888. there was large surplus in the treasury. This was soon used up by the extravagancies of the Republicans and in the last years of President Har- risons administration, before the ad- vent of Cleveland, they were worried and troubled for fear they would have to make bond issue to tide over tho