Los Angeles herald., 1908-08-06

yet, gentlemen, have seen Americans
in two elections content with this. But
in my own mind 1 was staggered, and
turned to the Republicans and they
had to say that it was fraud. They
said the Democrats exaggerated ana
that all these foreign goods were ne
cessary to keep up the wages of the
American labor (Applause)
1T is now admitted by both parties
that it must have been correct. Now
whom can we trust to get at the root
of this evil and chop it out? Is 1t
reasonable to suppose that the Repub-
lican party will do it? Haven't we a
much better chance to get rid of the
evil by electing Democrats?
During the closing days of the last
campaign Judge Parker heard of things
second hand. l was connected with
the Democratic movement and acted as
manager of the Democratic forces in
New York state, and by that of the
forces all over the country, and 1 know
we found it difficult to get enough
money, as we Democrats generally do,
and many of us had to go down into
our own pockets. But we managed to
struggle through. On the last night
before the great election we heard that
the Republicans had no money. But
on the same night before that great
Gl6CllOn lilG ClldllSG Cdilts Al41h6AtCAst
OF course no one knew where, from
or how. Many men secuted the
thought and still believe it to be eX-
aggerated by the Democratic party.
zone could hardly suppose that a
sum of from $500 900 to $1,000, 900 could
be raised on the last night before the
great election. But on the night be-
fore election men cease to be molly
coddles; on the night before the great
a1ppfinn haCnn1a r0raPtiQ11 (nTn-
longed applause), and you know that
S250,000 was raised under our very
noses that night, in New York city.
Since then railroads, insurance COM
panies and joint industries have Joined
the procession. Now these facts are
no longer guess, as they were in
1906. They are on record and are
shown by sworn testimony, and for the
first time the American people have
the opportunity to see these admitted
facts. Well, ought we to trust the
tables again to men who thrive and
accumulate fabulous riches from the
election results? You wouldn't do it
in ordinary business, then why do it
in politics?
Causes of the Panic
my last point is the recent panic.
You in the west are somewhat different
from those in the east as regards the
result of the panic. 1 come out here
and find you enthused and active, and,
regardless of the panic, still pushing
on the improvements of your city with
generous contributions. 1t has been
like cool ocean bath to us who have
just come from the jaded worn-out
east. If the panic means nothing to
you, it means everything there. There
are more men who are poor, more en-
terprises that are financially weaker
today than they were before the panic
struck.
while the west was not affected as
much as was the east, yet every Sec
tion of the country felt it. On our
way to your city we stopped at the
Yellowstone park, and the managers
of the resorts told US that they had
lost money this year because the peo-
pie were not visiting as they did last
year, all because of the panic.
'"At Long Beach yesterday one of the
managers of the beautiful Hotel Vir-
ginia complained to US that his re-
ceipts were falling off because of the
recent panic, and L suppose all business
men in the west as we'll as the east
have felt its effects more or less.
''I have heard a thousand Republican
orators call the Democratic party the
party of distress, but no distress that
ever occurred under the Democra tic
administration can be compared for a
moment with the recent panic under
the Republican administration. CAS-
with one impulse the vast audience
arose and cheered the last statement
to the echo, and for a moment ii
seemed as if order would not be re-
gained.)
1.-The causes of the panic have been
the main point of discussion among
millions of Americans. The first cause
may be traced to the general extrava-
gance of the country, promoted by
the national government. 1t is gi-
gantic fact that the expenses of the
country during the year 1906 were $3.50,
900, ,00O while during the year 1907 they
were $940, ,0000 900. Since the last Demo-
cratic administration the expenses of
H. cn11nt1.,r hnua innrAa snd S200 000 lnl