The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1906-06-01

pated rapid and continued diminution of the
production of gold and we could not educate
the people into the adoption of a rational mou-
etary system, we would ask again to coin the
silver. Applause on the Democratic side. !
The Democratic party believes neither in
an undue expansion that benefits the debtor,
nor in an undue contraction that benefits the
creditor, and will hold ITSELF in my opinion, il
ever charged with the responsibility of govern.
ment in this country, charged with the duty OF
exercising the entire power of the Federal
Government to maintain that relation so far
as il may.
Candidly, l never expect the coinage ques.
ton to be raised in that fashion again. | have
given some little attention to the study of the
production of gold, its treatment. geology and
location. My opinion is that the gold supply
will not only continue for an indefinite mum
Der of years substantially as it has since 1896,
but that, in all probability, it will, relatively,
continue to increase by leaps and bounds"
CHANGE ON TARIFF POLICY.
Mr. Towne then took up the Republican
tariff policy to show that the Republican party
had turned tail on it. This recalcitrancy OF
the Republican party TO its early beliefs. as
serted Mr.. Towne, has extended to every
single thing that it ever stood for. We have
seen how it abandoned the position of bimet-
allsm in 1896. 1t was the early boast of the
Republican party that it met great exigency
in the national life by the 'greenback, where
by it was enabled to continue its very exis-
teDce.
ut has turned its back upon the conception
of Government money, as it has done upon
every other one OF its original lenetS, and Is
today the advocate OF the bankers system Of
fnaqce. pure and simple. II you viii examine
the question of reciprocity you will find that
also has been turned down. Advocated by
Mckinley. that great apostle and exempar Of
protection for projections sake, in the last
speech he ever made. and Endorsed by the
present President time aud again, ratified by
the solemn announcements OF more than two
national conventions, that policy Is today dor
mani, and not appealed to 10 give even the
pretense of relief to a condition that The PEG
pie are rapidly finding intoterable.
Mr.. Towne declared TINT the problems OF
he hour are the problems of prosperity. that
they are the most difficult, the most devious,
the most insidious. the most elusive aud the
most dangerous problems that any people 10
the world could face
1T has been said declared Mr.. Tuwne In
this connection, that prosperity Is \ greater
mora test than adversely. Many a man eau
get along under narrow and uupropiuous cir.
NAtAA ANlitl FEttt% Necessity VI ttbtl
10 keep from iPdugiuE 10 eru.ni WAYS the su-
persbuudant elasticity of his mind and body
but man who is rich and does not need TO
worry Is the naa who Is IN danger from the
lurking devil Of temptation. - It is With ma.
tious and civilizations.
Zone absolute story has been written siucc
the beginning Of time, Il was not foreign
conquest that overwhelmed The old States of
Greece; 70 vas not barbarlc strength that
crushed the Roman Empire Ike an eggshrlI;
it WAS the dry rot Of social and political cor
rupiiou that destroyed the glory of Athens
and undermined the imperial power Of Rome.
so long rs the eagles Of she old Empire Erre
carried hy men wEo were free. ihvy were iu.
vincib.e |; was ou,y When .he standards
OF Rome wsre clasped ia the ueFveless bands
of merccnary troops sUd industrial slaves that
the jnruad> from She North proved irreslS'i-
Bile"