New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-07-07

pie In the United States increased from s23 Il in
credit was due to the Republican party. What a
c,!it2us boast this is for those lately denying SO
thing TO do with the value Of money. Of the price
Of other things as measured in money or with an
Was Republican legislation operative in South
eoveries Of gold there? Did it cause the new in,
from gold o r DS Repgbea9 on ada
twc billions Of gold TO the worlds stock Of money
metals in the last eight years? Was it Republican
legislation which made The immense crops Of cot;
ton wheat; corn. etc, which enabled these United
the worlds stock Of money metals, thereby ncreas-
ing their own stock OF gold by 500 009.@oO?
>, me temporary chairman then told the country
that the act to expedite hearings of the trust cases
can ceS f o He forg6t to Say that
Democrat voted for It, and yet that is my recollec-
Of Tbe xse ~gf then tells us that
the fatal septernber a. 1901 marked change
OF policy" Who is there in America OF common
spirit of the policy OF the administration with re-
gard 10 reciprocity with foreisn nations WITH WITH
in twenty respects which it would take too much
time TO partcularize. will suggest themselves 10
But 10 go into the authoritative utteranoe Of the
platform. like the temporary chairmans speech.
deals chiefly In ne boast that me KcP ic han
happened.
WILLIAMS PARAPHRAsEs ROOT.
Suppose I paraphrase that utterance by saying
that When Mr.. Cleveland succeeded TO the Presi-
March,
administration. under Mr. Harrison, the Demo,
cratic party found the country, after long period
of public misrule and extravaganza; In evil plight
oppressed with misfortune ana douplIui OF the
future Public credit had been lowered, the reNe-
declining" The outgoing administrator
preparing. and had prepared to issue bonds
which had devastated the world was reientIessly
approaching our shores: long saturna!ia OF e&-
sPcaao1 Ra G3 been ana ALREADY followed by de-
preston. Corn burned for fuel in Kansas ana
elsewhere in the West In 1890, and after. Cotton
was at or below the price of production the acute
reaction which call panic was inevitably APP
preaching even before Mr. Cleveland was elected
Business was sunk In the depression" which pre-.
or poorly remunerated in factory or field, espe-
cially in the latter. -,
purchasing clause of the Sherman act, thereby I1T
the first time. practically establishing the, goI9j
standard in the United States. This accompiished
fact was the fact OF gold basis aGconlpilSi .t
then not by the Republican party. but by the
dogged persistency and indomitable will OF Grover
Cleveland, aided II is true by Republican iegis-
lators who thought they saw in II the final dis
ruption Of the Democratic party. That was n the
main their potive. Now they would steal ms
that II was the Republican party which established
the gold basis
famine In indiana Indian wheat compete
In the American market with ours-simutaneously
with an immense American crop or wheat anu
small crops elsewhere. Wheat rose from about 4S
70 about 10 cents in few weeks during the bryan
Mckinley campaign. while Cleveland was yet
President. There is not a within tho sound
Of my voice that does not remember that with
seventy cent wheat farmers could pay the retail
more goods; tho retailers with empty shelves or
shelves becoming empty by sales could order from
stocked enabled then 10 order from the fac
tories. When the factories got orders then they
had reason for making goods and they proceeded
TO make them. and then the wheels OF industry
went round.