The daily palladium. [volume] (Richmond, Ind.) 1904-1905, 1904-10-14

1 y
of marvellous growth, and we can al
least bring proof that we have mo-
prevented it-and this IS no slight
honor for a party to claim. / viii
not at this moment speak of the i'm.
portant acquisitions of territory we
have made, which render us in many
ways the predominant power in the
Pacific. But out of the territory we
already possessed, fourteen new
States have entered the Union The
census of 1850 gave lis 100000
population--the last one, 76,000,000
| The number of our farms-the total
of our cultivated acreage-has In
creased fourfold. Our corn crop is
| five times what it was; our wheat
crop, six times. The capital invested
five hundred millions to ten billions ;
five hundred millions to ten billions
where it employed less than a mil
lion artisans. it now employees more
than five millions; and while the
number of workingmen has increased
five times, their wages have increas-
ed tenfold The value of manufac-
tured property is thirteen times what
it was when the Republicans of Mich
igan met under the oaks. The real
and personal wealth of the country
has grown in this amazing half cen
from seven thousand millions to
ninety-four thousand millions. Our
railroads have grown from a mileage
of 10000 to one of 100000. Our i'm
ports and exports have gone up by
leaps and bounds to the same mon
strous proportions. And finally, let
us hasten to say. as the other side
will say it for us, instead of the
$47 100000 which supplied our mod
est needs in 1850 We now collect and
spend some 100000 annually 7
can only add what Speaker Reed re-
piled to Democratic statesman who
complained Of a billion-dollar con-
gress: "Well! this is billion-dollar
country
"Of course our opponents. who
have got far enough from the men
and the events of the great war peri
cd to admit they We're not without
merit. will say-for they must say
we have fallen away
from that high level. Now, I am
erieved to confess that I am old
enough TO have seen something of the
as we'll as of the present.
of Republican administrations, and I
venture to say that no eight years of
government in our history have been
purer from blame or have conferred
greater benefits upon the country
than the eight years Of Mckinley and
Roosevelt which claim your approval
today. I need not hesitate to refer
to it. although I have been associat-
ed with both administrations: so lit
tie of their merit is mine that I may
speak of them without false modesty
Our national finances have never in
our history been so wisely and sue
cessfully administered: our credit
never stood on a basis so broad and
so strong. Our two-per cents. COM
mand premium in all markets-no
other country on earth can say as
much. We paid abroad the other day
fifty millions of gold in a single ex-
penditure made necessary by our
enormous increase in every element
of national growth is collected with
the utmost ease and expended with
perfect honesty. Our protective sys-
tenn, Loyalty and intelligently carried
out and improved in the last seven
years, not only fills our treasury with
the means of national expenditure.
but has carried our industries and
our commerce to the height of pros
perity which is the wonder and envy