The McCook tribune. (McCook, Neb.) 1886-1936, September 18, 1896, Image 6

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    Plif"- :
m M'COOK TRIBUNE.
H * " • & * • KIMBIEIX , rubllslicr.
B 'McCOOK , NEBRASKA
B NEBRASKA.
H | democratic State Convention.
p p B * Presidential Electors :
B FliED METSli Douglas county
H O. W. l'ALM Lancaster county
W. V. J * HALE Madison county
j X. PIASUEKI „ Howard county
pHH N. O. AIjBEKTS Claycounty
B S. L. KOsTKYZE . .Valine county
Tl M. R HARRINGTON Holt county
H J.N. CAMPBELL Nance county
B For Governor SILAS A. HOLCOMB
p p M Lieutenant Governor J. E. HARRIS
H State recretary W. F. POUTER
M State Auditor JOHN F. CORNELL
91 State Treasurer J. N MESERVE
" " " * . . SMYTH
Attorney General O. J.
State Superintendent W. R. JaOKSON
Commissioner J. V , WOLFE
For Judges Supreme Court
I Long Term WILLIAM NEVILLE
Short Term J. S. KIRKPATRICK
University Regent THOMAb RAWLINS
- > The state convention of the silver demo-
H | crats was held in Omaha on the 4th. There
H was nothing to do except ratify the nomlna-
H tions made by the populists , carry out a pre-
B ! arranged compromise on the electoral tick *
HKl et , and name a state central committee.
H The convention named C. J. Smyth of
H Douglas county , as the candidate of the sll-
B vor democrats for attorney general , and
K Thomas Rawlins of Dixon county as candl-
H date for resent of the fctate university , to
K fill an unexpired term.
Ej The convention voted unanimously to on-
HBf dorse the populist ticket.
HHl ' The platform adopted congratulates the
1 'national party upon the nomination of
HBl SJryan and Sowall and the platform ; cn-
Hl dorses the financial plank of the Chicago
Bb platform in an unequivocal manner ; on-
BH | dorses the constitutional amendments rc-
BHS latlng to railroad commissioner , supreme
HKl court commissioners and public school
Ki funds ; demands a rigid enforcement of the
B | law relating to the Investment of school
HB9 funds of the state ; endorses the action of
HBf Gov. Holcomb and condemns the course of
Hstf the board of public lands and buildings for
HH ] Its action regarding the investmtut of these
Ps HBt funds.
HKf Chancellor Duncan , of Cotner univer-
HRj sity , has resigned.
BH James Woodside of Fremont , aged 82
HEl years , died last week.
Hk | Eire ruined the stock of furniture of
HEkI George W. Fell , Harwood.
Hh | -I'he county treasurer of Lancaster
Bh § county shows $80,117.83 on hand.
Hfi ! v Some fatal cases of diphtheria are
Hl § reported in various parts of the state.
Hffi The postoulce at Glen Bock was en-
Hf § | | tered and robbed Saturday night of
H ! 300 pennies.
Hk4 A. Bartholomew of Polk county has
K vl been declared insane and sent to the
ps plBsflil asylum at Lincoln.
The hay crop in the vicinity of Bea
ver Crossing is reported the heaviest
it has been in years.
The potato crop in the vicinity _ of
I North Loup is not as good as last year
j under irrigation treatment
Burglars entered the store of F. W.
Smith at Valparaiso and made off with
I all the jewelry in his store and S20 in
cash. • '
Gov. Holcomb has appointed James
Holland of Broken Bow chief grain in
spector. Holland is a populist and a
farmer in Custer county.
The house of Philip Asher , who lives
a mile southwest of Table Rock , was
entered by burglars Sunday while the
_ - _ _ , family were at church and a quantity
Bs | of jewelry stolen.
B Frank Ferguson , a farmer's boy near
H Litchfield , was run over by a team
K hitched to a hay rake recently , and se-
Hj riously bruised , one rake tooth went
is g clear through his leg.
Nannie Graham , who went insane
some time since at Nebraska City , and
! | who had been cared for by the county ,
was removed to the home of her uncle ,
Jesse Graham , in Nemaha county.
K Jonathan Redding closed last week
H R the greatest revival service in the his-
B tory of Barnston. Nothing like it was
B ever known. Many of the leading peo-
Jl pie of the country were converted.
H As Daniel Sughrue and wife were go-
BB ing to Chappel their team became
SH frightened and ran away , throwing
SH | them out , bruising Mr. Sughrue quite
SH badly , and injuring his wife internally.
H The general merchandise store of P.
SH Rawley at Rarneston , was Burglar-
Hj ized last week of about $100 worth of
Hj shoes , notions and clothing. Thirty
H pairs of shoes and eight suits of cloth-
H ing were taken.
Hj Messrs. Lundeen and Daggy and
SH Snedeker & Pruitt shipped a large col-
B lection of York county farm products
j to Eltnwood and Monmouth , I1L , to be
SH placed on exhibition at the county
K fairs at those places.
H Major Clarkson of Omaha , recently
I B , chosen at St Paul as commander-in-
V chief of the Grand Army of the Repub-
B lie , was given a public reception on
B his return. There was a great throng
B and happy congratulations.
B William Ernst , who raised the large
B corn in Rector & Wilhelm ' s exhibit at
B -t e state fair , was offered S35 per acre
B * or his farm of 350 acres , one-half mile
1 from Duncan , by E. R. Edwards of
Omaha , but he refused the , bid.
B Cornelius Epp , the Russian free sil-
B verite of York county" , who lost his
B reason on that question , was declared
j insane and taken to Lincoln. Too much
"
B meditation over free silver arguments
B is the cause of his mental derange-
B Numerous plumming and graping
| j parties have been organized recently
| around Deshler , and they got what
B H they went after in abundance. There
& is enough of this wild fruit along the
Blue to supply a regiment with jelly
for years. - -
A smooth street fakir at Tecumseh
fl last week relieved a few of the citizens
B of about 20 for some electric belts ,
B ' which-heyold for a dollar. The fakir.
B wonrhis audience by throwing away
some small change to see the "boys
{ scramble for it
B Four bad boys at Ansley broke into
B " ne building formerly occupied by the
B " * ' " Bank of Ansley , taking u number of
B articles of more or less value and selling -
| ing them for whatever they could get
H The owners of the property have prom-
B ised to give them the full limit of the
B Two tramps were taken from a
H freight car at Table Rock by the city
B marshal , the third one escaping. They
| had fifteen or twenty pairs of mixed
S pS H shoes with them and are being held
H there for identification of men and
B goods. Both men are dark and re-
H semble Italians. One has crooked
B eyes.
i | i | iH
HHBBii
:
j
1. BRVAN IN MISSOURI.
• ADDRESSES -WORKMEN BEFORE
"
IBREAKFAST IN KANSAS CITY ,
HE MAKES TWO SPEECHES.
Tbo Free Coinngo Question Alone Ols-
cuiKed Votew Asked to Study the
„ Matter Thorouclily for Them
selves Before Casting Their
ISuMut Supply and De
mand 50c Dollar.
Kansas Citx , Mo. , Sept 1 * . Will
iam J. Bryan was given an enthusi
astic reception in Kansas City this
morning , and after a stay of three ! '
hours , he left for a dnyligbt trip j j
across Missouri. At 7 he spoke briefly | I
to two thousand workingmen in the
West bottoms. Two hours laterafter
breakfast and an informal reception
at the Coats , he made a second and
longer speech in the open air at i
Eleventh and Grand avenue before a i |
crowd of at least 10.000 people. ; j
He said in part at the bottoms : ' |
"Some of our opponents tell us that j !
the thing' to do is to open the mills I |
instead of the mints. That reminds j j
me of the man who said that his horse ' I
would go all right if he could jut get 1
the wagon started. It is putting the • ,
cart before the horse. What use is i |
there for mills unless the people can ;
buy what the mills produce , and how j j
can you start them as long as those
who produce the wealth of this country - , p
try , particularly the farmer , are not ! I
able to tret enough out of what they j !
raise to pay their taxes and interest ? | [
There is no more effective way of destroying - I I
stroying < the markets for what the
mills produce than to lower the price
upon , the products the fanner has
raised , so that they will bring him
neb enough to .pay him for raising
them. "
It was 8:35 o'clock when he began
speaking up town. The jam around
the speaking stand was so dense that
it was impossible for the Bryan party
to get to it , so he stood up in the
tally-ho on which he rode from the j j
Coates house , and spoke as follows in I I
part : j j
"Our opponents tell us that we pro
pose to change the operation of nat
ural law. 1 assert that the advocates
of free coinage are the only people in
this campaign who base their argu
ments cu the fundamental prticiples
of natural law. That iaw is the law
of supply and demand ; it is the great
law of trade. Now we propose to ap
ply that law of supply and demand to !
the money question , and we ay that
when you increase the demand for ;
gold by making it the sole standard of i
values , you raise its price just as you j
raise the price of anything else by in
creasing the demand for it , and that
when you raise the price of gold in a
gold standard country you lower the
price of all products wnich are meas
ured by" money. A gold standard
then means falling prices , and falling
prices means hard times to everybody
except the man who owns money or
trades in money.
"Now , if the money owner has a
right to use the ballot to rase : the
value of the money which lie owns ,
why have not all the rest of the people
ple the right to use the ballot to keep
iim from < * # • troy ing the value of the
properiy which they own ? j
"Now another proposition. We believe - |
lieve not only that the free coinage of |
silver will raise the value of silver i
bullion as measured by gold , but we
believe that the demand created by
the United States will be sufficient to
take all our surplus silver and there
being no silver on the market which
cannot be converted into money at
• our mints and used in the develop
ment of- our industries. There will
be no silver in the world that can be
purchased for less than 81.29 per
• ounce. But our opponents say : 'Sup
pose we have more money , how are
yon going to get any of it ? ' That , to
them , is an argument which answers
everything. Let me sugr eat an argu
ment , or rather a question , which j'ou
can ask them : 'Suppose you have
something to sell , how can you get
anything for it until you find some
body who has money to buy it ?
Money is the creature of law. There
• can be no money until the govern
ment provides for that money. If j'ou
want more of any of the products of
labor you can go out and bring them
into existence ; but if you want more
money you cannot , go out and create
more motaey , because the law imposes
a penalty punishmentin the peniten
tiary for any man who tries to create
money. Therefore , my friends , the
only < way to bring more money into
existence is to take charge of the gov
ernment , which is the only instru
mentality , and by law open the mints
and permit the coinage of enough
money for the people to do business
with.
"Now I am not permitted to talk to
you but a short time nor have I
'
strength enough' jro thrdvgh the
campaign if I should do otherwise. I
want you to take this money question
and study it for yourselves no class
of people has the right to decide for
you you have got to do it yourselves ,
my friends. Remember that your
talents were given you for the protec
tion of your rights , and there is no
body to whom you can safely entrust
your interests but yourself. "
After the speeeh the tally-ho , with
a tumbling mob following it , was
driven to the depot , where Mr. Bryan
and party boarded a train for the trip
across Missouri. The candidate spoke
ata number of points along the
route to St Louis , where ho was •
scheduled for three formal spe ' eches.
Albert Biffelovr Paine Send * for His Wife.
Fort Scott , Kan. , Sept 14. Mrs.
Minnie Paine , wife of the author , Al
bert Bigelow Paine , who is now liv
ing in New York city , has gone to
New York at his request to meet him
and 'try to settle their domestic
troubles.
rollc Wells , the Outlaw , Dead.
Akamosa , Iowa , Sept li. Polk
Wells , the notorious outlaw , who was
transferred from.Fort Madison to the
prison here recently , died yesterday
afternoon. The body will be shipped
to his wife who lives in Missouri. '
T
WATSON LOSES HIS HEAD
Heated Words Used at Abilene In Regard
to Kansas Fusion.
Abilene , Kan. , Sept. 1,4. Although
Thomas E. Watson did not arrive here
until J245 o'clock last night , twenty-
five members of the Bryan club and
and some of the Populist county com
mittee met him at the depot J. F.
Willits accompanied him and the
Leedy party was at the hotel when
the visitors arrived.
W. L. Brown of Kingman , Leedy's
lieutenant , and Abe Steinberger , who
came with Watson , at once clashed ,
and for two hours there was an acri
monious discussion in which local
Populists sided with Brown , who said :
"If Watson has come here to put-up a
separate ticket , hell is not hot enough
for him. "
This morning when Watson met
Brown in the hotel lobby the former
said : "I ask that Kansas put up a sep
arate ticket If you vote for Sewall ,
you vote against me. I opposed
.fusion in the South and I oppose it
here. "
Brown tried to explain the fusion
arrangement in this state , but Watson
replied : "The resolution of your con
vention is not worth the paper it is
written on. Kansas wants to elimin
ate itself from the national fight and
sit on the fence and see the proces-
sion go by. You can't raise the price
of corn and wheat by trading off your
national tickets for a little local pie. "
Watson became very much excited
during the controversy and a crowd
gathered. Both men were plainly an-
gry when Reed took Watson's arm
and asked him to go up to his room.
After a consultation with the committee -
mittee to-day. it was decided that
Watson should speak in the afternoon
and Leedy in the evening. As soon
as po : * iible after his speech , he will
start lor Lincoln , NeU , to consult
with the Populist , central committee
of that state. Then he will go to Col-
orado for a few speeches.
It was emphatically given out by
Mr. Steinberger of Girard , who is Mr.
Watson's Kansas spokesman , that
there will be no State convention.
"But there will be a Watson electoral
ticltet , " he said , "and we will elect it.
We have been spat upon and we will
not stand it any longer. The ticket
will be named by nomination papers
as we are well organized already. At
least sixty per cent of the Populist
party is with Watson. "
In answer to a question whether he
was an A. P. A. , Watson replied : "J
am not. " -
NO TOUR FOR M-KINLEY.
Republican Chairman Hnnna Positively
Settled. Current Report * .
Chicago. Sept 14. "Mr. McKinley
is not going to take the stump , " said
Republican National Chairman Mark
Hnnna. "The Democrats undoubtedly -
ly would like to see him chasing over
the country in a wild scramble for
votes , as Mr. Bryan has insisted upon
-doing. I have heard this subject dis
cussed , and I think I know" what I am
talking abeut when I say Mr. McKin
ley will continue to address the pee *
pie who visit him at Canton. "
The Colorado Fusion Deal.
. Dexvek , Colo. , Sept. 14. The ef
forts to consolidate the four silver1 ,
parties of Colorado in the support of
one Mate ticket in the coming elec
tion rroved a failure. The Democrats
and silver Republicans , however ,
have combined forces in support of a
ticket headed by Alva Adams , Demo
crat , for governor and the Populists
effected a fusion with the Silver party ,
their joint ticlcet headed by Judge M.
S. Bailey , Populist These four par
ties , however , have all united in sup
port of the Bryan and Sewall electoral
ticket. There remains one State con
vention yet to be held that of the
McKinley Republicans.
St Joseph Estates Sued for Big ; Fee.
St. Jojeph , Mo. , Sept 14. Yester
day Judge Henry Lar rus of New
Orleans. La.sued in the United States
court the estate and heirs of the late
Dudley M. Steele and the estate and
heirs of J. W. Walker , who committed
suicide at'the Midland hotel in Kan
sas City a year ago. for § 44,500 alleged
to be due for professional services
rendered in the settlement of litiga
tion incident to the Steele & Walker
failure.
The Matabele Trouble Ended.
Capetown , Sept 14. Advices re
ceived here from the Motopo hills are
that Wednesday seven chiefs and
foIv head men of the Matabeles were
present at a conference with the
British officials. The natives were
offered peace on the surrender of
the r arms and on giving up those
who haa been guilty of murdering
settlers and others in cold blood. The
chiefs agreed to this.
• *
Von Der Ahe In Hot Water.
St. Louis , Mo. , Sept 14. When
Chris Von Der Ahe , president of the
St. Louis Browns and Sportsman's
park and owner of .the night race
track , the chutes and 'various other
amusements , returns here with his
bride he will be served with papers in
a breach of promise and a damage
suit , brought by Miss Annie Kaiser ,
formerly his housekeeper.
Watson Populists May Re Surprised.
Emporia , Kan. , Sept. 14. The Pop
ulists of Emporia are talking of
going to Topeka to the Willits-Right-
mire convention to pack it for the
Sewall electors. The Emporia Popu
lists say that there will be a concert
ed movement among : Populists all
.over Kansas to get into the Watson
convention and run it
A Dispensary Investigation Wanted.
Columbia , S. CSept 14. The state
Democratic committee late last night
adopted a resolution requesting the
state board of control , which has
charge of the dispensary , to publicly
investigate the charges against officers
connected with that institution.
Prof. Francis J. Child Dead.
Boston , Sept. 14. Prof. Francis
James Child , Ph. D „ L.L. D , of Har
vard university , died yesterday at the
age of 7L Since the death of Prof.
James Whitney of the chair of geology
last month Pi of. Child had been the
senior member of the faculty.
. , , * ' : - -i
MRHOBART'SLETTEE
ACCEPTANCE OF THE ST. LOUIS
NOMINATION.
A Discussion of the Issues of the Cam
paign , Especially the Silver Question
He Points Out the Evils Upon Which the
Nation Will Villi If an Unlimited Cur
rency Issne is 3Iade.
Hobart's Acceptance Letter. -
Pateiison , N. J. , Sept 10. The
following is , in part. Garrett A. Ho
bart's letter of acceptance cf the Re
publican nomination for Vice Presi
dent It deals almost exclusively with
finance and tariff , and makes about
0,000 words :
"Hon. Charles W. Fairbanks and
others of the Notification Committee
of the Republican National Conven
tion. Gentlemen : I have already , in
accepting the nomination for the office
of the Vice Presidency tendered me by
the national Republican convention ,
expressed my approval of the platform
adopted by that body as the party
basis of doctrine. In accordance with
ucceoted usage I beg now to supple
ment that brief statement of my views
by some additional reflections upon
the questions which are in debate be
fore the American people
"The platform declarations in refer
ence to the money question express
clearly and unmistakably the attitude
of the Repub'ican party as to this su
premely important subject We stand
unqualifiedly for houe.sty in finance
and the permanent adjustment of our
monetary system , in the multifarious
activities of trade and commerce , to
the existing gold standard of value.
We hold that every dollar of currency
issued by the United States , whether
of gold , silver or paper , must be worth
a dollar in gold , whether in the pocket
of the man who toils for his daily
bread , in the vault of the savings
bank which holds his deposits , or in
the exchanges of the world.
"The money standard of u , great na
tion shonld be as fixed and permanent
as the nation it eif. To secure and
retain the best should , be the desire
of every right-minded citizen.
"The free coinage of silver at the
ratio of 10 to 1 is a policy which no
nation has ever before proposed , and
it is uot.to-day permitted in any mint
in the world not even in Mexico. It
is proposed to make the coinage unlimited -
limited , at an absolutely fictitious
ratio , fixed with no reference to in
trinsic value or pledge of ultimate
redemption. With silver at its pres
ent price of less than seventy cents
per ounce in the market , such a policy
means an immediate profit to the
Seller of silver for which there ii no
return now or hereafter to the people
or the government It means that
for each dollar's worth of silver bull
ion delivered at the mint , practically
two dollars of stamped coin will be
given in exchange. For SiOD worth
of bullion nearly 200 silver dollars
will be delivered.
"Let it also be remembered that the
consequences of such an act would
probably be cumulative in their ef
fects. The crop of silver , unlike that
of hay , or wheat , or corn which ,
being of yearly production , can be
regulated by the law of demand
and supply is fixed once for all. The
silver which has not yet been gath
ered is all in the ground. Death or
other accident of the elements cannot
augment or diminish it. Is it not
more than probable that with the
enormous * premium offered for its
mining the cupidity of man would
make an over supply continuous , with
the necessary result of a steady depre
ciation as long as the silver dollar
could be kept in circulation at all ?
Under the laws of finance , which are
as fixed as those of any other science ,
the inevitable result would be a cur
rency a-1 and absolutely fiat. There
is no difference in principle between ,
a dollar half fiat and one all fiat. The
latter , as the cheapest , under the logic )
of 'cheap money , ' would surely drive *
the other out. j i
"The proposition for free and unlimited - {
limited silver coinage , carried to its
logical conclusion , and but one is pos
sible , means , as before intimated ,
legislative warrant for the repudia
tion of all existing indebtedness ,
public or private , to the extent of
nearly fifty per cent of the face of all •
such indebtedness. It demands an J
unlimited .volume of fiat currency , j
irredeemable , and therefore without j
any standard value in the markets of
the world. Every consideration of
public interest and public honor de
mands that this proposition should be
rejected by the American people.
THE MONEY STANDAED.
"Resting on stable foundations , con
tinuous and unvarying certainty of
value should be its distinguishing
characteristic. The experience of all
history confirms the truth that every
coin , made under any law , howsoever
that coin may be stamped , will finally
command in the markets of the. world
the exact value of the materials which
compose it. The dollar of our coun
try , whether of gold or silver , should
be of full value of 100 cents , and by
so much as any dollar is worth less
than this in the market , by precisely
that sum will some one be defrauded.
"The necessity of a certain and fixed
money value between nations as well
as individuals has grown out of the in
terchange of commodities , the trade
and business relationships which , have
arisen among the people of the
world , with the enlargement of
human wants and the broadening of
human interests. This necessity has
made gold the final standard of all
enlightened nations. Other metals ,
including silver , have a recognized
commercial value , and silver , espec
ially , has a value * of great importance
for subsidiary coinage In view of a
sedulous effort by the advocates of
free coinage to create a contrary im
pression , it cannot be too strongly
emphasized tha t the Republican party
in its platform affirms this value in
silver , and favors the largest possible
use of this metal as actual money that
can be maintained with safety. Not
only this , it will not authorize , bnt i [
will gladly assist in promoting a • i
double standard whenever it can be
secured by agreement and cooperaJ J ,
tion among the nations. The bimetallic - i j
allic currency , involving the free use
of silver , which we now have , is cor
dially approved by Republicans. But
a standard and a currency are vastly
different things.
GOVERNMENT OBLIGATIONS.
"If we are to continue to hold our
i , = - ? "
w- : . n
i
MfSBBMBfJMMBBssBWWWMBMMMiiMMfM * s s s s s M
place among the great commercial
nations , we must cease juggling with
this question , and make our honesty
of purpose clear to the world. No
room should be left for misconception
as to the meaning of the language
used in the bonds of the government
not yet matured. It should not be
possible for any party or individual to
raise a question as to the purpose of
the country to pay all its obligations
in the best form of money recognized
by the commercial world. Any nation
which is worthy of credit or confi
dence can afford to say explicitly , on
a question so vital to every interest ,
what it means , when such meaning is
challenged or doubted. It is desira
ble that we should make it known at
once and authoritatively , that an
"honest dollar" means any dollar
equivalent to a gold dollar of the
present standard of weight and fine
ness. The world should likewise be
assured that the standard dollar of
America is as inflexible a quantity as
the Freuch Napoleon , the British
sovereign , or the German twenty
mark piece.
"Any attempt on the part of the
government to create by it fiat money
of a fictitious value would dishonor
us in the eyes of other peoples , and
bring infinite reproach upon the na
tional character. The business and
financial consequences of such an im
moral act would be world-wide , be
cause our commercial relations are
world-wide. All our settlements with
other lands must be made , not with
the money which may be legally cur
rent in our own country , but in gold ,
the standard of all nations with
which our relations are most cordial
and extensive , and no legislative en
actment can free us from that inevit
| able necessity. It is a known fact
| that more than SO per cent of the com
merce of the world is settled in gold
, or on a gold basis.
J j "Such free coinage legislation , if
ever consummated , would discrimi
nate against every producer of wheat ,
cotton , corn or rye who should in
justice be equally entitled , with the
-ilver owner , to sell his products to
the United States treasury at a profit
j i a ' xed by the government and against
ali producers of iron , steel , zinc or
copper , who might properly claim to
h.v.o their metals made into current
coin. It would , as well , be a fraud
, upon all persons forced to accept a
currency thus stipulated and at the
jame time degraded.
THE UOLT.AR OF OUR FATHERS.
.The dollar of our fathers , about
' tvhich so much has been said , was an
honest dollar , silver maintaining a
full parity of intrinsic value with
gold. The fathers would have spurned
and ridiculed a proposition to make a
silver dollar worth only 53 cents ,
stand of equal value with a gold one
worth 100 cents The experience of
I I ' all nations proves that any deprecia
tion , however slight , of another
standard , from the parity with geld ,
has driven the more valuable one out
of circulation , and such experience in
V matter of this kind is worth much
Snore than mere interested speculative
opinion. The fact that few gold coins
are seen in ordiuary circulation for
domestic uses is no proof at all that
the metal is not performing a most
important function in business affairs.
The foundation of the house is not
always in sight , but the house would
not stand an hour if there were no
foundation. The great energy that
moves the ocean steamship is not al
ways in view of the passenger , but it
is , all the same , the propelling force
of the. vessel , without which it would
soon become a worthless derelict
"It may be instructive to consider u
moment how the free and unlimited
coinage of silver would affect a few
great interests , and 1 mention only
enough to demonstrate what a calam-
it'may lie before us if the platform
formulated at Chicago is permitted to
be carried out
| I EFFECT ON SAVINGS BANKS.
j "There are now on deposit in the
savings banks of thirty-three states
and territories of this Union , the
vast sum of S2,000,0'JO,000. These are
the savings of almost 5,000,000 depos-
itors. In many cases they represent
the labor and economies of years.
Any depreciation in the value of the
dollar would defraud every man ,
woman and child to whom these sav
ings belong. Every dollar of their
earnings when deposited was worth
100 cents in gold of the present stand-
artl of weight and fineness. Are they
not entitled to receive in full , with
interest , all they have so deposited ?
Any legislation that would reduce it
by the value of a single dime would
be an intolerable wrong to each de
positor. Every bank or banker who
has accepted the earnings of these
millions o [ dollars to the credit of
our citizens must be required to pay
them back in money not one whit less
valuable than that which these banks
and bankers received in trust
"There are in this country nearly
6,000 building and loan associations ,
with shareholders to the number of
1,500,000 , and with assets amounting
to more than 500,000,000. Their av
erage of holdings is nearly S20G per
capita , and in many cases the3' repre
sent the savings of men and women
who have denied themselves the com
forts of life in the hope of being able
to buy or build homes of their own. I
They have aided in the erection of I
over a million of houses , which are i
now affording comfort and shelter for
5,000,000 of our thrifty people.
"Free coinage at the arbitrary rate
of sixteen ounces of silver to one of
gold would be equivalent to the con
fiscation of nearly half the savings
that these people have invested. It
would be tantamount to a war upon
American homemakers. It would be
an invasion of 'the homes of the prov
ident , ' and tend directly to 'destroy
the stimulus to endeavor and the com
pensation of honest toil. ' Everyone
of the shareholders of these associa
tions is entitled to be repaid in money
of the same value which he deposited
by weekly payments or otherwise in
these companies. No one of them
should be made
homeless because a
political party demands a change in
the money standard fo our country ,
as an experiment , or as a concession
to selfishness or greed.
THE PENSIOXER8.
"One hundred and forty millions of
dollars per annum are due to pension-
ers of the late war. That sum repre
sents blood spilled and suffering en-j
dured in order to preserve this nation 1
from disintegration , in many cases
the sums so paid in pensions are ex
ceedingly small ; in few , if any , are
they excessive. The spirit that would
deplete these to the extent of a far- '
2f E S 9Pjn BHssssMSSRSSBSsl B * HHH gH9''t > " ' ! ' ' g H
:
4s sssssssssssssssssssssssssssssssl
thing is trio same that would organize / . I C B
sedition , destroy the peace and secnr- K JsHHH
ity of the country , punish , rather . ' \I M
'
than reward , our veteran soldiers , 'Hw fM M
and is unworthy of the .countenance , 4w . , li |
by thought or vote , of any patriotic jUp * 1 |
citizen of whatever political faith. * \ fl H
No party , until that which met in N | H
Chicago , has ever ventured to insult I l H
the honored survivors of our struggle I I H H
for the national life by proposing to I 'f H
scale their pensions horizon tall } ' , and j j H
to pay them hereafter in depreciated. t Jf H
dollars worth only 53 cents each. f Bl pH
"The amounts due , in addition to- I . .if p p H
the interests already named , to de- * - 'jl H
positors and trust companies in na- MbbbbbbbbbbbbbbbI
tional , state and private banks , to- > m H
holders of fire and accident insurance- f S H
policies , where the money deposited or J ffi H
the premiums have been paid in gold. 1 Ix Her
or its equivalent , are so enormous , to- i H
gether with the sums due , for State , . SbbbbbbbbbbbbbbI
municipal , county , or other corporate Wsbbb bbbbbbbbI
debts , that if paid in depreciated H
silver or its equivalent , it would not fS j p p H
only entail upon our fellow country- , < > ilp p p pH
men a loss in money which has / pfl
p p
not been equaled in a similar experi- < li l
ence since the world began , but it .j p p H
would , at the same time , bring a dis- Wbbbbbbbbbbbbbb !
grace to our country such as has never i ' ' |
befallen any other nation which had 1 a M
the ability to pay its honest debts. In , J H
our condition , and considering our / pl
l p p p
magnificent capacity for raising rev- k ( IbbbbbbbbbbbbbI
enu ' e , such wholesale repudiation is IIbbbbbbbbbbH
without necessity or excuse. No l i lsBBBBBBBBBBBsi
political expediency or party exigency , | i i l
however pressing , could justify so I " "I H
monstrous an act. f V J | 0p p pj
Tha Turin- . 'Hsbbbbb bbbbbI
"While the financial issue which ' ff ifl
p i
has been thus considered , and which ( 4sbbbbbbbbbbbbI
has come , as the result of the agita- , JbbbbbbbbbbbbbI
tion of recent years , to occupy a v \ b p p Ih
peculiar conspicuousness , is admitted- \ -flp p p H
ly of primary importance , there is- ' bbbbbbbbbbbbbI
another question which must com- Ip p p pfl
niand careful and serious attention.
p p p ph
Our financial and business condition is- a ' H
at this moment one of almost unprec- * - ' H
cdented depression. Our great industrial - H
trial system is seriously paralyzed. ' | bbbbbbbbbbbbbI
Production in many of the important- p pj p fl
branches of manufacture has alto- ! & pj pjI
gether ceassd. Capital is without. pj pj H
remunerative employment. Labor is H
idle. The revenues of the government - H
ment are insufficient to meet its ord- H
iuary and necessary expenses. These- H
conditions are not the result of acci- H
dent. They are the outcome of a- H
mistaken economic policy deliberately |
enacted and applied. It would not be |
difficult , and would not involve any |
violent disturbance of our existing H
commercial system , to enact necessary H
tariff modifications along the lines of |
"Our holds that fl
party by a wise ad-
justment of the tariff , conceived in. ' bbbbbbbbbbbI
moderation , and with a view to sta- |
biiity , we may secure all needed rev- . |
cnuc , and it declares that in the H
o pj
event of its restoration to power it tpj ps psi
will seek to accomplish that result i |
It holds , too , that it is the duty of s Ps H
the government to protect and encourage - H
courage in all practical ways the de- - p ps H
velopment of domestic industries , the H
elevation of home labor and the en- |
largcment of the prosperity of the |
people. It does not favor any form. H
of legislation which would lodge in * ' * p p pl
the government the power to do what ; H
the people ought to do for themselves , H
but it believes that it is both wisa ' ( H
and patriotic to discriminate in favor H
of our own material resources , and H
the utilization , under the best attain- j H
able conditions , of our own capital 7 H
and our own available skill and in- A H
dustry. The Republican party , > n its ' - H
first successful contest under Abraham - H
ham Lincoln , declared in favor of 'that H
policy of national exchange which H
secures to the workingman living H
wages , to agriculture remunerative f |
prices , to mechanics and manufacturers - H
ers an adequate reward for their skill , psi
labor and enterprise , and to the t T ps H
nation commercial prosperity and I H
independence. ' The principle thus H
enunciated has never been abandoned. H
In the crisis now upon us it must be H
tenaciously adhered to. While we JA
must insist that our monetary stand- bbbbbbbbbI
ard shall be maintained in harmony J H
with that of the civilized world , that |
our currency must be sound and |
honest ; we must also remember that H
unless we make it possible for capital |
to find employment and for labor to j H
earn ample and remunerative wages , |
it will be impossible to attain that H
degree of prosperity which , with a H
sound monetary policy buttressed by H
a sound tariff policy , will be assured. H
"In 1892 , when by universal consent - H
sent we touched the high water mark " * ' H
of our national prosperity , we were- H
under the same financial system that ' H
we have to-day. Gold was then the < H
same standard , and silver and paper H
were freely used as the common cur- H
rency. We had a tariff framed by |
Republican hands under the direction & |
of the great statesman who now iogic- J |
ally leads the contest for a restoration 7& * |
of the policy % vhose reversal brought M
paralysis to so many of our industries |
and distress upon so large a body of p |
our people. We were under the policy |
of reciprocity , formulated by another $ S M
illustrious statesman of the genuine 1s - psfl
American type. We may , if we choose - T t H
to do so. return to the prosperous con- f fl |
ditions which existed before the present - B
ent administration came into power. fl
"The Republican party has always ' H
stood for the protection of the Araeri- < 5 H
can home. It has aimed to secure it M
in the enjoyment of all the blessings H
of remunerated industrj' , of moral |
culture , and of favorable physical en- M
yironment It was the party which |
instituted the policy of free home- H
steads , and which holds now that this y H
policy should be re-established , and * H
that the public lands yet vacant and k H
subject to entry in any part of our na- * H
• /
tional territory should be preserved b pjfl
against corporate aggression as homes |
for the people. It realizes that the H
safety of the state lies in the multiplication - H
cation of households , and the- H
strengthening of that sentiment of |
which the virtuous home is the best |
p
and the truest embodiment ; and it |
will aim to dignify and enlarge by all p H
proper legislation this element of p psl
security. H
WHEEL WISDOM * . < M
A punctured bicycle tire Is a flat *
failure. j M
Is a lantern-jawed man light com- ' i jfl
plexioned ? > % 4 pfl
The In-come-tacks Is or are what the * * ' * FV \ H
•
wheelmen dread most. , ' Z MIpH
This is good advice for everybody lit * V pi
general and for bicycle riders In narflH
ticular. |
pH !
bssssssssssss
The man with a broken " V.H
bicycle chain. \ .
regrets , with Darwin , that Tca / "
W
* t ,
-anot 4
supply the missins link. L WM
* i SI
iifl
/ ' * Kp pj L p p p p p pfl