Los Angeles herald., 1907-11-23
DEMOCRATS
ARE THRILLED
BY TOR
MICHIGAN STATESMAN SPEAKS
AT DINNER
PROPOSES BRYAN FOR COMING
CAMPAIGN
Hon. Charles klmmerIe Declares So-
luton Of Present Difficulty VIII
Only Be Found in Expansion
of Nations Money

Free silver Is more the vital Issue to-
day than ever before, and the recent
financial stringency proves 1t.
'The government should provide for a
place where the people can get their
money on demand.
"One of the great issues is whether we
shall have public ownership by the gov
ernment, both in nation and state. The
great trouble today Is that by reason OF
the big syndicates ana railroad corpora
tions and special interests controlling the
machinery of the Republican party, we
are under the control Of the corporations.
The great mission of the Democratic par
ty is to restore the government to its
rightful and natural owners, the people"
Such were the words of Charles K. KIM
merle, Democratic candidate for governor
in the last gubernatorial campaign In
Michigan, and one of the most prominent
political leaders of the east, during his
address at the Los Angeles Democratic
club at dinner given in his honor at the
club rooms last night.
Prominent Men Present
All the well known Democrats and more
than 500 of the rank and file of the party
gathered to welcome the eastern states
man, and the occasion bore more political
than social significance because of the
turn taken by Mr.. Kimmerle's speech,
which in part was as follows:
Although the condition OF the country
is deplorable, Democrats can take conso-
lation from the fact that we will cease to
hear the panic of '93 dinned into our ears
by Republican speakers and press, as
both factors will now have to keep busy
explaining away the panic of 1907.
I'm 1896 the Democrats advocated the
free and unlimited coinage of silver and
gold At that time there was $16 per
capita in the United States. and United
States Senator Jones of Nevada even
claimed that it was only $14. William Jen-
nings Bryan said the business of this
country demanded and required $40. Our
grand standard bearer was denounced Ills
an anarchist, the Republicans reviled his
supporters as 'repudiationists, imitation
lists. and accused us of favoring a 50-cen'
dollar.
Expresses Views
1.-The Republican party made use of all
the high-sounding phrases that sophistry
could frame. They refused to meet US
logically, but recited like parrots. the
money changers cries of honest money,
sound currency, our money must be good
all over the world, our credit must be
sustained
I'm view of those cries 1 believe the
settlement of the financial stringency
should be determined by the Republic
cans.
BRYAN was defeated. The Republicans
were given full control, and they proceeded
Il settle the money question and settle
it right The free coinage of silver was
denied Banks were given additional
authority to issue money. The country
was given a so-called elastic currency
We were placed on an enduring basis.
But the elastic suddenly snapped and the
basis proved unenduring. l think that
from what I have seen of the United
States and from what I have heard 10y
talking to the citizens of this country on
my trip to the Pacific coast that the peo-
pie would like to see some of the silver
collars that the Democrats advocated In
1896 and 1900.
Great Output of Gold
"The unexpected discoveries of gold in
the Klondike, South Africa, Nevada and
other parts of our country, and the new
processes invented for working ore. so
largely increased the output of gold that,
within the six years following 1896, the
circulating medium was increased more
than $50 per capita, resulting in increased
prices and better times for the people
generally. This was not because of any
thing done by the Republican party in
control of the government but rather in
spite of that party. And If the Demo-
cratic party's position in 1896 had been ac-
cepted and the mints had been opened to
the free coinage of silver and gold we
would not have the money stringency OF
today, and it would not be necessary for
the banks OF the United States to protect
themselves by issuing co-called scrip
which are not even promises to pay.
"History has proven that the Demo-
cratic party was right in 1896 and in
1907
Talks of Tariff
1.-THE tariff" he said, SHOULD be re-
duced to a revenue basis, and this would
do more to break down the criminal trusts
than anything else.
''The extravaganza of the national gov
ernment is frightful and it is con
stantly increasing menace. AS a. com.
parison, it is only necessary to state that
the last congress under Cleveland ap-
propriated less than $90O,00O coo, while the
congress just adjourned appropriated ap.
proximately $2,O0O, 100000 This means
that the Republican congress has in
creased the annual expeditures until they
eolral the assessed valuation of the state
of California. 1t means spending OF
S13 per capita. 1t means that more than
two-thirds of all the money in the United
States is required every year by the Re.
publican congress to meet its swollen ap-
preparations
sfWhat caused our recent financial fur.
nv? Not the people of California. MOI
the people of Los Angeles. Not the farm.
ers, the producers of millions of bushels
of grain Not the miners. who dig the
money out for our use. Not the working
people.
ait is the gamblers in Wall street who
are responsible Those protected vam-
pires who suck the country's throat only
to be satiated py stream of blood from
the United States treasury, have held the
money of the people, which they gathered
for stock jobbing purposes, and when the
stocks were forced down low enough they
purchased them and the people who hel6
them are the losers"
Judge A. p. Rttenhouse also spoke, II
welcome of Mr.. Kimmerle, and extended
to him the hospitality Of Los Angeles and
California.