Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1908-10-21

ara Oll company, Out II IL cquaHy
true that Cortelyou did not send it
back but used it. And it is also true
that he was never punished by Roos-
evelt for not sending the money back.
On the contrary, he was rewarded
b.. being made Postmaster-General of
the United States and afterwards
Secretary of the Treasury"
Verify, it is neither safe nor be-
coming for candidate who lives in
a glass house to throw stones.
The worst feature, however, of the
address was the speakers attempt
to frighten people with talk about
hard times in the event of Bryan's
Such talk is unpatriotic
and without foundation or justifica
ton in the history of this country.
During the past half century the
people of this country have been af-
flicted with four money panics.
The panic of 1869, which. gave
BLACK Friday" to history. occurred
when the republican party was in
control of every branch
o. the federal government.
The panic of 1873 commenced about
eleven months after the most over
whelming victory ever won by the
republican party. AT the election pre-
ceeding that great panic Grant beat
Horace Greeley by an electoral vote
of 2S6 to AZ.
The panic generally known as the
panic of $685." commenced long pri-
or to that year. AS early as Nov.
1890 the clearing houses in the big
cities, commenced voting certificates
to banks in need, and before the
close of the Harrison administration
the treasury balance had fallen so
low that plates were prepared by the
Treasury Department for a bond is
sue. Orders for the preparation of
the plates used in the Cleveland bond
issues were given under republican
administration. This fact was certi-
fled to bysa republican Secretary of
the Treasury, Lyman j. Gage, at the
lrequest of Congressman Gaines. The
Iso called panic of 1893" was well
upon its way before Cleveland was
inaugurated and before line OF
democratic legislation was enacted
The Mckinley tariff bill was in full
force at that time. 1t went into eff
fleet October 6, 1890, and continued in
force until August 9th 1894, and Q
money stringency existed during prac
Hcally all of that time. But the
worst feature of that period was the
unpatriotic conduct of the republican
| members of congress. They assisted
in turning down every relief meas
IRE proposed by majority of the
democratic r,oubers Of Congress, ant
flor political gain assisted in burning
4 at the stake the business interest.
|of the country. Men, who pretend tt
craftsmanship helped to prevent thu
passage of relief laws, such as the
coinage q the seigniorage, while
Y Cleveland was president, and prompt
lily assisted in their passage after Nc
Kipley became chief executive. TIL,
.1men who did this dastardly work, We
) are sorry to say, were not all repub
lieans. A few men, calling themselves
t democrats, and practically all the re
; publican representation in congress
l helped to prolong that panic. TIL
\ democratic party was in no name
o re sponsible for the commencement
0 of the 1893 panic, and on account Q
republican opposition in congress wa
5 largely, if not entirely, prevente'
y from providing speedy relief.
/ i j.
Were the democrats in any man
ner responsible for the panic Of 1907
. under which the business interest
i of the country are still staggering
!, Now, eandidly. Mr.. Pickett do yo
r think that you are acting the par
) OF a good citizen, when you go aroun
i this district making hard times pre-
dictions in the event Of democrati
: success at the coming election? Cor
:. trast your conduct, in this respect
with that of Mr.. Bryan's last year
; when your party was face to fac
| Will uloao ouo AhOASy esA~AAoS--'Ss
5 Did he take advantage of the the
) existing conditions, or did he speal
/ and write words of reinsurance t
the people who follow him politically
a The people Of this district and thos'
of the entire country know what HI
did Mr.. Bryan acted the part o
the statesman, who places countr.
, above any party gain. He exertet
his great power of party Leadership
!, to quiet the fears of bank depositors
, and restore confidence in our bust
illness conditions.
Let us consider a somewhat analo
gous case. Mr.. Pickett, you are vice
president of Waterloo national banl