; \ . IRON AND STEEL INDUSTRY Demoralizing Effects of Democratic Policies vs. Beneficial Effect of Republican Policies. . KING TO PAUPER AND PAUPER TO KING Phenomenal Rise of the Industry Since 1894- I , Accurate Barometer of General Trade Conditions-Wages Increased. Ithe Iron and steel industry Js often referred to as tIIO "barometer o ! gen- era ! business. " It reflects conditions or depression ! or prosperity throughout the eountry in a remarkably senaltive way - for there is no husiness nor industry fr1 : the country which does not share closely in the various conditions which make ! ! teel either 'king" ) or "pauper , " and , as Andrew Carnegie once said , "steel Is always either king or pauper. " When times were hard , as during the period or the last Democratic administration - tration ! , 181'13-89G , there was indeed an open door into the palace or King Steel for the wolf ot poverty ' to enter sad . iake : Steel a Pauper. It was shown then that when panic and depression Tisit the country , steel feels the effects the most sharply and the most quickly of almost any com- aoditT. THE RESUur OF DEIOCRATIC POLICIES WAS NOT ONLY TO HEAVILY CURTAIL THE AMEItI- CAN OOXSU\fPTIO-l : : \ OF IRON AND STEEL , BUT TO GIVE : N OPEN DOOR TO TIlE FOREIGNER TO SUPPLY WHAT DEMAND THERE WAS ThEFTS In two years , from 1892 to lS91 , represented by the change from Republican to Democratic rule , the pro- actlon ot pig iron in the United States cropped from 9,1.51,000 tons to 6,657,388 tons. tons.The . . The financial depression that : existed through the Cleveland administration mAde it difficult for railroads to float the Issues ot bonds that were needed to rain money for new rails , bridges , cars , Lad other equipment inTolving large eon umption of iron and steel. The same was true ot the building , trades , and other industries which can use iron and . steel only as their business can expand. and , whose business instead ot expanding during the last Democratic administra- r tion , was forced to contract. ; Rell1arknblc Change Occ1lr. . V 'After the election or President Me- K1nley the enormous gains bothLn ! our o nsumption and our production jt. Iron and steel , attracted the , attention of busi- ness : interests throughout the world. Steel , which vas Pauper under the Democratic . administration , once again " wa KIng , and like King Cotton and King Corn , the growth ot his worldwide TURN OUT THE BEST TYPES ON THE SHORTEST Z\OTIOE , AND AT TIlE LEAST COST , 1.0 PEACE- ABLY INVADE WITH IRON AND STEEL THE MARKETS OF THE WOI LD. DURING THE TWELVE MONTHS ENDING WITH JUNE 19M , THE TOTAL EXPORTS OF : IRON AND . . Sl'EET.I AND THE MANUFACTURES : : \ - UFACTURES THE REF R 0 ) { AMOUNTED TO 5Ul,948,58G , AGAINST 29,220,2G4 : DURING THE DEMOCRATIC YEAR 894. During the last eight years the Brit- ish newspapers have been forced to dole- fully notice a continued succession of . : \'merican industrial triumphs over Great Britain. Now it is nn American firm that gets the contract to build the great Atbara bridge across the Nile in upper B ; ; 'pt. Now it is nn American loco- motive that supersedes the British loco motive on a leading English railroad. Now it is nn American electrical company - pany that gets all the orders for the electrical - trical equipment for the great new London - don underground .railroad . s .stem. And thus episodes or American commercial conquest during the last eight rears ; could be repl'atQd until they would grow wearisome ! to read. The continued tri- umpbs or the United States in the 8teel ' and iron trade , nt the flame time that this industry in Great BritaIn has been in process or decline , led to the creation recently Qr a British Commission ot business - ness experts to investigate the sit- uation. This commission in its first re- port on the iron and steel trade presents information or the highest value from firms emlJloying over 87 per cent of the I labor in this combined trade-231OOO out ot nn aggregate of 2G5OOO workers ; and .it has ascertained that while this industry - dustry has been advancing rapidly in other countries it has remained almost stationary in Great Britain. The im- ports have increased 200 per cent and the exports have declined 7Y.J per cent , and foreign competitors , protected in their own borne markets , have made it the basis for the conquest ot the British market. The masters or the trade have heen consulted , and only 5 per cent of them -arc content with free trade and apolicy ot inaction. The employers ot 87 per cent ot the labor are convinced that neither masters nor men can expect equality ot conditions unless the home I _ Percent . ; Incrense. - . C , -Date of Census- lfIDO to 18t ) ( ) . 1000. 1900. Number ot establishments . . . . . . . . . . . . . . . . . . . . 719 6G9 t7.0 Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .UI4.U,8H $590 , : ' 30,484 42.0 Salaried officials , clerks , etc. , number . . . . . . . . . 4,325 9,217 113.1 . &Iarlee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ,4G2.236 $11,741.788 51.7 Wage-.arners , average number . . . . . . . . . . . . . . . 171.181 222.007 30.0 = rota wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ $89,2i3.1 . $120.836.338 a = i.4 Men , 16 renTS : and over . . . . . . . . . . . . . . . . . . IGS.943 219.635 30.0 Wages , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $88,840,642 $120,157,007 35.3 Women , 16 years and over . . . . . . . . . . . . . . . 58 IOil 1,74G.6 Wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $17,100 $266,888 1,400.2 . Children , under 16 years . . . . . . . . . . . . . . . . . 2,180 1,001 t12.8 Wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $416 , : ? S $412,443 to.9 elllaneous expenses . . . . . . . . . . . . . . . . . . . . . . . 18.2J4,94S $32,2 4.100 77.2 ' COlt of materials used . . . . . . . . . . . . . . . . . . . . . . . . $32i,2i2.845 $522,431,701 59.6 Value ot products (2Z.4 ( ! pounds each ) . . . . . . . . . . $478GS7,1jJl ; 81H.Oa4,918 : GS.O .Tone . ot products (2,224 ( pounds each ) . . . . . . . . . . . 16,264,478 29,507,860 81.4 Not reported separatcly. tDecrcnse. sewer and prestige under the sponsor- llhip ! or the Republican party was noth- Ing : short of mar\"elous. ' The great victory for the gold stand- ard cured the uneasy , panicky condition that had prevailed in the money market. atTIlS possilllo in 1SG for great hn- i'rovemcllts ttl be llnu'cll by railroad and other corpomtions. The investor ; callie out ot the woods where he bad been during Democratic times and ought bonds that represented cash to e. expended in more rails , more bridges , . more cars , more machinery , more skyscrapers , scrapers and more other things that reQuired - Quired enormous consumption or iron and .teet But the increasing ability ot the . countrT buy more iron and steel was met bT Increasing necessity for larger . consumption. The railroads suffered I from car shortages because they could mot bUT now cars fast enough to keep vace with the increasing business that / came to them. In almost every line ' at Industry the calls in the iron and steel : Indu.strT for material increased so rap- : ddly that it was a difficult matter for the iron and ! Steel manufacturers to hire I - . .w men fast : enough for the additional work to b. done . , and to otherwise keep . .p with enormously increasing consump- t tion. But thc 'Republican policy ot pro- tection not only operated by its general bUllnC effects , to stimulate the lucreas- I fag consumption , but also to force the . creasIng consumption to be met , not . y larger foreign imports or Iron and .t"1 , giving more work for the toreiJn- en t. do , but by increasIng domestic : .roducrtJen. giving more work for Amer- . . kllUl lboringmeu } to do at continuously : Iaeaelug "Wnges. CoaaumpUllu and Production. Here are the figures as to how both clM1sumption and production or pig iron almost trebled between the Democratic par 1834 , through the McKinley and , ; toos.ve.Lt administrations , up1to the year 90. . ProductIon , Consumption , Tons. Tons. -ISM 6,657,388 6,694,478 1898 11,773,934 12OOJG74 1899 13,620,703 13,7- 9,442 :1900 : 13,789,242 13,179,409 IDOl : 15S S,354 16.232,446 1002 17,821,301 IS,442S99 ! ) 1903 lSOO,252 ! 18,039,90i Conquest of Foreign Markcts , ; WIth the vast increase in the domes- tie production or iron and steel under : epubUcan rule It became possible to conduct the industry at a relatIvely tar greater perfection and lesser cost than "hen the work was done on only one- Chlrd the 8cale. THIS CAUSED THE JUNITED STATES , BY ITS SUPE- : mOlt MDTHODS , ABILITY TO , industries are protected. The commission - sion itself reports unanimously that the relative decline or the iron and steel industry - dustry cannot be attributed to natural disadvantages .or want ot skill and enterprise - terlrise 011 the part of either of British manufa'turers workmen . but is due to the fact that their competitors in the United States and Germany , having . secured - cured control of their home markets by means ot tariffs and the regulation or their export trade , are in n position to export their surplus products. Increase in Wllirell. The value to labor and to the indus- trial and commercial interests ot the United States or the development ot the iron and steel industry under Republican rule will be apparent when it is real- izod that the wages and salaries paid in iron and steel manufacture in the United States have . increased from $89 , 73OOG in 890 to $132,000,000 in 900. The growth and importance to labor or the iron and steel industry is illustrated by the following table , the figures being R part ot the official report ot the United States Census or 1900 : Iroft Ore RegIsaa Get Benefit. . The extraordinarily good times which came to the iron and steel industry ot the United States brought exceptional prosperity to our Iron ore regions , the United States soon assuming a greatly illcre.'lllng ! lead over its closest competitors - tors , Great Britain and Germany. From : the Democratic years , 895 to 1001 , the latest date where official data is available , the production or the three countries was- Great Drltllln , Germany , U. 8. , Gross tODS. Metric tons. Gross tons. IS9J. : . . .12.615.414 12.340,600 15,9:17,614 : IS16. . . 13.700.i64 14,162.335 16.000,449 IS9i. . . .13,78i,878 13.4G:1.97D : 17,518,046 1898. . . .H,176,938 15.901.263 19,433i16 189'.14,46,30 17.lS9,03S : 24GS3,173 lQ ( ) ( ) . . . . 14.O'J,208 18.96-1,294 27.:13.161 : ; 1901. . . .12Zi5,198 16,570,258 28,85i,479 In 1901 the 28.887,479 tons of ore pro- dared by the United States exceeded by 42,023 tons the combined output or Great Britain and Germany , which amounted only to 2SS4,456 tons. . The high record or production In this country was ached in 1902 , when the I total was 35,554,135 , in a combined world output of about 87,000,000 tons. Germany reached its highest record in 1900 with 18,964.294 tons. and Great Britain its maximum in 1SS9 , when. its total was 14,54.G05 tons. In 901 , the year when this country for the first time produced more ore than Great Britain and Germany com- bined the total world output or ore was 79,981,935 tous leaving only 51,094,45t1 for the entire world outside the United States , . whose production WAS 28SS1,4i9 tons. tons.For For that year the omclal figures , wIth I the exception or Russia , show produc- 'tion ' by countries as follows : Tons. United States . . . . . . . . . . . . . . . . . . .2S.SSi.4il Germany . . . . . . . . . . . . . . . . . . . . . .16.JiO.iS ; ( : : Great Britain . . . . . . . . . . . . . . . . . . .1.2i.HlS : ; - Spain . . . . . . . . . . . . . . . . . . . . . . . . . . 7410..000 France . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,701.000 Austrl:1-IIungary . . . . . . . . . . . . . . . . 3. ; ; . ( ) oJ ( ) Sweden . . . . . . . . . . . . . . . . . . . . . . . . . 2 , ilO/O ! ; Belgium . . . . . . . . . . . . . . . . . . . . . . . . Z.i.O'JO ! All others . . . . . . . . . . . . . . . . . . . . . . . 3.roJ.OOO Total . . . . . . . . . . . . . . . . . . . . . . W,9S1D3 ; THE PHILIPPINES. Republican Policy Is In Line with Territorial Precedenh. Four years ago the Democratic par- . ty denounced the acquisition or thc Philippine - I ippine Islands by the United States as 11 dangerous form 'Or national expansion and their retention as an application ot militarism. The only logical conclusion or this position was our immediate re- tirMlent from the Islands , leaving them to shift for tbemseh.es. In his letter accepting - cepting the nomination for Vice Presi- dent in moo Mr . Roosevelt commented on this position as follows : " . . .rhe\ \ simple truth is that there Is noth- ing even remotely resembling 'imperial- ism' or militarism involved in the present development or that policy or expansion , ! . which has been part ot the history or America from the day when she became n nation. The words mean absolutely nothing as npplied to our present policy in the Philippines , for this policy is only imperialistic in the sense that Jefferson's POliCY in Louisiana WitS imperialistic ; only military in the sense that Jackson's policy towards the Seminoles or Custer's towards the Sioux embodied militarism ; and there is no mare danger or its pro- ducing evil results at home now than there was or its interfering with free- dom under Jefferson or Jackson , or in the days or the Indian wars on the plnins. "The only certain way or rendering it necessary for our Republic to enter on a career or 'militarism' would be to abandon the Philippines to their own tribes , and nt the shme time either to guarantee a table government among these tribes or to guarantee them against outside intcr erence. A far larger army would be required to carry out any such policy than will be required to secure order under tIle American flag ; while the presence of this flag on the Islands is really the only possible security against outside aggression. Properly speaking , the question Is now not whether - . er we shall expand-for we have already expanded-but whether we shall con- tract. " That was ' the issue four years ago. Now the Democratic platform says : " 'VI. believe with Jefferson and John Adams , that no government has n right to make one set ot laws for those at . home and another and a different Slt or In..ws , absolute in their character , for those in the colonies.C C 'Ve insist that we ought to do for the Filipinos what we have already done for the Cubans. " There has never been n time since the formation or the government that Congress has not made one set of laws for the States and another set for the territories. The laws enacted by Con- gress for the government ot the Philip- pines are no more absolute than those which have been enacted during the last hundred years for our various territories. The demand that tM United States shall do for the Filipinos what it has done for the dubans is unreasonable. 'Ve never claimed to own Cuba , but we pos- sess the Philippines by an undisputed title. A. Republican administratlun. did entire justice to Ouba as demanded by the circumstances or the case , and the Republican party can be depended upon to do entire justice to the Philippin AS TO IMMIGRATION. A Campaign I8.ne that III Worthy of the Voter's Attention. They are coming , the less fortunate , coming to this American continent to secure a better life for themselves than they have in their own land. They are coming from the less prosperous parts ot - Italy , and from Bohemia nnd from Hun- gary and from Poland , and throughout all that wide northern Slavic region wherein is oppression or the J \'Vs. In other words , they are coming from everywhere - where ! From Europe the most oppressed and , in some cases , most unintelligent classes are coIning < here to find better conditions for themselves , and meanwhile to necessarily infuse a new element ot blood here as well as a new element ot thought and religion and general drift or being. We accept them and their blood and the infusion of their genera- tions for the future. 'Ve accept them , in the broadest sense , with the idea that , by and by , tnere will become a homo- genoity or the races which will take care ot itselr. The Norse in III his varieties is , or course , a part or us , but the assimilation - lation or thc Latin in all his varieties is another thing. \Va are trying to be big , . broad : Christians And make no distinc- .tions. Certain laws have been enacted under the regime or the Republican party , and the manner in which they are being enforced - forced illustrates , as well as could be , the earnestness ot the present adminis- tration , in allowing the filtering into . this country , in all generosity , or those who seek a better harbor for what there Is in I Ilfe. It is but fair to the Republican party in this campaign that every voter should think or nil that the party has done in the enactment ot laws and the enforcement or them , in all ldberality , ns to perfecting the immediate business wel- fare or the country and as to controlling the amalgamation or its future blood. This is one ot the side issues or the campaign to which the attention or every voter may well be directed. "We waat no laws 11I.J9lred bY' , as- sloa , nor do we waat them adminIs- ter. . selfidlnes. . er iacap.c1t- best laws , wieely a4in1.tcred , are what we demoad , and tllley can belle- cared If we but 40 our duty , a daty conaa.ded by the .acrl.ce ef tkolle who sleep on thle field , and by oar own Illterelt. and the Int.rest. of thosc who shall follow a8.-SenatJ1 : FaIrbanks at Freehold , N. J. , June 21 , IPC3. The country is indebted to the Republican - lican party for the national ank S-S- tem , the resumption of specie payments and the establishment of the gold stand- . ard. It cnn well afford to point with pride to these and other achievements opposed and denounced by the Democ- racy. racy.The The average weekly rate or wages in the United States is 179 per cent and in Great Britain ' 100 per cent. It marks the difference between protection and free trade. ! ROOSEVELT'S WORDS , PRESIDENT'S UTTERANCE MA- . LICIQUSL MISCONS fRUED. LudlcroUII Attempt by a Self-En- throncd Democratic Lender to ) lake a Bare Man Appear as Dangerous to the Country-Pulitzer'lI Letter. ( Ohicago Tribune. ) The New York World is probably the most enthusiastic Parker paper in the country. To un extent it is striking the keynote ot the Parker chorus in the east. Two or its editorials are to be reprinted and circulated by the Demo- cratic committee as campaign docu- ments. These two editorials are in the form or open letters addressed by Joseph Pulitzer , editor ot the World , to Theo- dore Hoosevelt. The first one occupied a page-the second nearly two pages. The third may take np three page In the words orIr. : : \ . Pulitzer , "The paramount issue of this campaign is not , l1S you would have it , free trade or free silver , but YOU YOURSELE'-.rheo- dore Ro08e'\"elt. This Issue is forced upon the country by your unusual temperament - perament and talent-your own strong , able , ambitious , resourceful ! , militant , passionate personality , your versatile and surprising genius. " This issue was framed by the World in its first letter , July 30 , 19W. But as that document did not seem to frighten anybody to Parker , the hot blood or strong desire denied mounted to the brain of ) Ir. Pulitzer , and hig emotions ravished his ' jud ment. His second let- ter-the one two pages long , printed on August 23-ls addressed to "Theodore Roosevelt , Candidate for President or the United States and the Western Hem- isphere. " The headlines ask ir the Pres- ident is a "military megalomaniac. " He jg accused ot a "monomania" to be the "grand lord protector" of the two Amer- icas. A Gibbet of FollY. This letter is interestin -first , be. cause the World is generally recognized as the chief Parker spokesman ; second , ns an exhibition ot that gibbet or roily to which partisan zeal , tempered by common sense , can on occasions , elevate a man ordinarily so level headed as Jo- seph Pulitzer. Roose\"elt's record , contends the World , clearly indicates that his return to pow- ew would be vested with the ruin or our free inst..itutions. It proceeds to examine all his despotic procedures and unconstitutional usurpations , seriatim. But it unquestionably omits much that would make Its case stronger. For instance - stance , it docs not show how the Presi- dent Qtas increased the standing army so that it has become a menace to the liberties of the citizens. ( For , in fact , during President Roosevelt's administrn- tion the army has been diminished , not increased. ) It does not prove how the ambitious , cos 'v and bloody wars conducted during tbe.ftlresent < administration were begun , not as the constitution provides , by an act or Congress , but at the imperial dictation - tation or the ruler. ( . For , in fact . , there has been no war ot any sort during President Roosevelt's administration. ) _ Always for Pence. oes not even show how the President - dent has brought : the country to the verge or a desperate war , which ' was prevented only by the 'retreat or the country which , he threatened it might have proved against its favored Presi- lent Cleveland. ( For , in tact , the Pres- ident has at no time brought the country near n war. His efforts and those ot his Secretary or State have been consist- ently directed toward the peace or the world , and the circumscribing o the area ot hostilities once wars have begun. ) It does not show how President Hoose- volt had used either corruption or force to influence elections in any State , so abasing the principle or local self-go'\- ernment. nor how , he has deposed a re- calcitrar governor , ' or dissolved n hostile - tile State assembly- after the fashion or certain reconstruction .Presidents. ( For he bas done none.or these thiugs. ) It does not show how he influenced judicial decisions reversed a decree or court , or suspendell a judge who had striven to limit tile presidential usurpa- tion. This is always the first symptom I of the issolution or constitutional gov- , ernment. ( But President Roosevelt has not been guilty or it. ) It does not show how , when the legislature - islature , maIntaining its independence , refused to divest itself or its authority and humbly accept the "ad\"ice" or the man on horseback , he filled the haIls or the lawmakers ' mth bayonets , overawed the .tribanes or the people , dissolved the sitting , imprisoned the ringleaders. As is well known , the terrorizihg ot the legislature is the twin forerunner with the control of the jUdiciary in the down- mil or free institutions. gnu Done None of Thl. . It does not show how tho. President annulled the right of tree speech and imposed - posed a vexatious censorship upon the press. The 'World's own articles are liv- ing proof that he has done none or this. It does not show how , like the great- est at our rresi'dents , he bas , under the 'Ple ' or national duress , suspended ' the writ or habeas corput--the very spirit or eh-il liberty ( For President Roose- ' \ "elthas not "uspended the writ or habeas corptU. ) Thus the record shows President Roosevelt has , in no single way , even mbryonlcally exceeded his constitutional unctlons. Hit has not turned his face in the direction or a single one or that set of actions whereby the usurpers 'ot history have established themselves in power on the ruins or freedom. Nevertheless - ertbeless , the World reiterates that by hiR riortL it can Drove Theodore Roose- - ttb ; a man - dangerous : to the lib- erties ot hie country. How can this proof be wrought ? In a simple way. By passing over in silent contempt hIs record is a thor- o\1ghly constitutional and patriotic Pres- ident ; by picking out of their contexts some of the things he has sald-tnkin one paragraph from one speech , another paragraph from a different speech ; by takIng one sentence from a paragraph here , another sentence from a paragraph there ; Hen by taking a phrase from a sentence here , another phrase from a sentence there ; 'by then weaving these different contextJess paragraphs sentences - tences , and phrases into a single fabric -which fabric , charges the 'World. is truly indicative of the whole character ot the man Roosevelt ! In pursuance or this plan the World I - I has carefully picked ont or their set- ' tings the twenty-ix most bellicose ab- - I' soIuti . imperialistic sayings or which I President Rooscnlt has ever delivered I I .Iumselt. These are thc quintessence or I hi : bloodthirsty cxpressions. Nothing that he has said has ever gone farther on the road to military despotism than the3e twenty-si things. Ex Pane Argument Or course , as every reasonable be- ing knows , such ex porte argument is I not fair. It were easy by cheesing out nil ot .Tefferi'on's sayings on one side to " rove him an ardent expansionist , or by lieking out or all his writings : on the other side to prove him a bigoted con- tractionist. He could be shown up as n protectionist , if all that he said in favor ot that principle were collected together - gether , while all that he said against it were omitted. Or hy reversing the pro cess it could readily ! be demonstrated that he was an absolute and perpetual free trader. It could he shown that 'he was . a . practical anarchist , advocating . ! .a a'evoluUon every twenty year , that the tree or liberty might be kept well watered with hlood. Or by omitting this class or his writings and combining the opposite class be could be represented as constantly enjoining implicit , obedi- ence to the law. Jt is useless to multiply examples. By such a narrow scheme or special plead- lug the wise man could be shown a fool , because wise men sometimes are fool- .ish. The most foolish man could be shown n sage , because foolish men some- times Ire l5ellsible. The gutter drunk- and could he proved a teetotaler , for he has occasional periods or complete sobriety - briety Such n method is wholly false. The World knows it end resorted to it only because its case was weak. It you would judge what kind or a President Roosevelt would make the fairest method is to consider what kind or a President .be . has made. But it yon , for some reason which it is not easy to conceive , retuse this test , and pre- ter to judge him on what be has said. do not read merely stray words and sentences gathered and arranged by his enemies. In nIl fairness read these words in their proper contexts. Read as much of Roosevelt'g writings as you have time for. You will find them the expres- Bions not .t Q bloody and despotic Intel- lect but ot fl clean , strong , honest mind , instinct with patriotism. MONEY IN CIRCULAlION. A Dally Incrcft.e : or 63 2,304 for Eight Year . . During the last eight years or Republican - can administration the increase in the volume of our currency has amounted to $352,304 per day , or more than $10- 000,000 per month-the total increase being $1,014,716,561. This increase has been chiefly and directly due to the policies - cies or sound money and protection. By the act passed Dec. 18 , 899 , by a Republican Congress (142 ( Democrats Toting - ing against it and only 11 voting for it in the House ot Representatives and 23 voting for it and 2 against it in the Senate - ate ) , and signed by President McKinley , the gold standard was sanctioned by law , and according to .AIton B. Parker was then " anti ' " ' establish- I "firmly : & irrevocably - ed. " Just as free silver would have driven gold from the country : according to the famous Gresham law that "bad money drives out good money , " so this positive committal of the country to the gold standard resulted in a large gain of gold to our currency. The increas- ingly large output of gold from Alaska , California , Colorado and other Western States remained in the United States instead of being driven out , as would have been the case had free silver triumphed - umphed in 1896 or 000. Not only this , but the United States gold standaru drew to this country much ot the gold produc- ed in South Africa and other parts of the world. The policy of protection also contributed - ed to our ability to keep our own gold and get more gold from other nations , for I it made the balance ot trade fa'\"orable. since it tended to increase our exports over our imports. Instead ot sending gold out of the country as in Demo- cratic times , to pay for goods that Amer- lean labor at home might just as well have produced , the Republican policy has been to cause gold to be distributed at home for work done just as well at home. Ot the present amount or money in circulation about 48 per cent is gold- which mostly represents money saved to the people or the United States by the Republican policies ot sound money and protection. SUGAR TRUST POLITICS. Clolte Relation. of Wall Street and the Democratic Party. ( New York Letter in Los Angeles Times. ) When New York State was being got into liRe for Judge Parker , Havemeyer put on guard for Parker one or his own men , Cord Meyer : : by name. Cord Meyer is the sugar trust's representative in Democratic councils. The Republican party is able to get along without having a sugar trust representative in its coun- cils , but if Democrats come into power , it will be Cord Ieyer's happy duty to make sugar stock go up and down on the New York Stock Exchange and to let it be known to anxious statesmen when it s going np and when It is going down. Do the people out West know that i New York , when the Democrats desire to carry fln election , they go out and tell the district leaders that a certain stock on the New York Stock Exchange , Bay Manhattan Elevated , will go up $15 per share In rose of Democratic success ? That is what they do , and it does go up , too , and that shows how close the Demo- cr.ti party is to Wall street in New York , where Parker and his cohorts come trom. They buy elections with stock tips , and Cord Meyer , Billy Sheehan and . Belmont are extraordinarily good tip- tip-I St81'S. I Latest Republican Oatrace. On Aug . 29 a fall or mow. the first or the season , occurred in Minnesota , and it cannot be denied that it occurred under the Roosevelt administration. Crops , flowers and garden produce were damaged , and there was the dickens to pay generalIy. The Republican party cannot deny that this thing has happened under a Republican administration , but it can do this : It can promise another sno\\-fall on Xo\ 8. so vast that the memory of nIl preceding snowstorms will be lost. It is sometimes well to consider what might have been. Where would our government - ernment finances , our rennues. our domestic - mestic industries and our foreign trade be now if the Democracy had succeeded In lS9G or 1000 ? . ' 4 WATTERSON WAIL j , , j THIS TIME IT'S ROOSEVELT THAT 1 HE'S AFRAID OF. j t The Cassandra or American : Politics J Utters Dl . mal Howl. anl DIreful Pre. } Ictlons About Roosevelt and ; Republican. . _ On the evening or Sept. 7 , 1904. the land was at peace , and no auguries ; of dread possessed it. Vermont had said its say , in no unmeaning manner , and all was calm in city and country , while in New York was gathering n band , just a few faithful editors ot Democratic antecedents to talk over the political sit- uation , and incidentally devour that square meal which , when eaten in public and accompanied by speeches , is called a banquet _ Among the chivalry which gathered there was Henry 'Yatterson or Ken- tucky. The moment he was seen ; , t the festive board those editors and spectators - tors who are accustomed to observe the usual progress ot events knew that some- thing was going to happen. They di- , . \.ined that Henry had been "seein I things. " It is a WilY he bu. And then he says thin : s. } Time rolled on. The rich New York ! viands , prepared for the unaccustomed j palates ot the visiting editors , the fiery \ cocktails , the generous wines , the nips or ! strong waters , all those had met the i fate prepared for them. And then came ! -atterson , ns chief speaker ot the e1"en- : ing. : 'Watterson is at times an excitable . : man. This was one or the times. He _ was not only excited , be was painfully , morbidly , scared. And or all things in 1 . the world , this brave , lo.al. chivalrous American gentleman was afraid or an- other brave , loyal chivalrous American gentlemnn-the President of the United States , Theodore Uoosevelt. lJ There was rant about "raising the black flag , " cuttling the ship of civil service , " "and "cutting the throat of re- ciprocity" which made \Yl1tterson's hear- ers turn pale , though they knew no mora than did the speaker to what these trucu- lent words referred. The trembling editors listened appaIl- ed. 'Yatterson lowered his Toke and , muttered forth charges or ruth and ruin againt ! Roosevelt past , Roosevelt present - ent . Roosevelt future. Again he pawed . the earth , shook his fists aloft and bel- lowed his ' predictions or an everlasting : candidate for tile presidency , and nn everlasting - . . : erlasting President in the person or Theodore odore Roosevelt , it the Republicans continue - tinue in .power. 'Yatterson's auditors . thought Carter H. Harrison I. and Carter - ter H. Harrison II. , perennial and ever- blooming Mayors or Chicago , but , ag thesc examples ot political longevity be- long to the Democratic party , it calmed . the nerves or \nou/ht.up / banquet- ers , and they were able to brace up and listen to the impassion gentleman from Ientucky. The flood of oratory went on and on , and when it was over the editors felt relieved - lieved , because no seizure or 11 fatal character bad made fitting climax : to the utterances or the choleric speaker , whose eloquence has been whetted for years , upon the obtrusive angles or his own party. And then the tel r. phic wires bore , as upon the wings the wind , the . words \Tatterson . to be printed ' in the' morning papers that there could be read by the toiling millions the fatal words of objurgation , adjuration and divina- tion. tion.The The public rend the burning words ot 'Watterson with that fatal apathy .hlch greets the efforts ot those who , in the first place , talk too much , and in the second place , habitually : overshoot the mark. There was a good-natured laugh , perhaps , as some stalwart America _ glanced over the "scare heads" ot the morning papers , and one or another of the great army ot freemen said to his neighbors , as he looked I up from the warnings ; , denunciations and prediction or the hysterical orator ot Louisville " " ' , " . . "atterson's broke loose again ! And that was all. I Ii i THE PRODIGAL PARTY. ; : . . . ! Biblical Story that Fits the Democracy I Today. - . . . ( ( Portland Oregonian. ) The Democratic party is . like .a certain : son which wandered off into a far country - . try and filled his belly with the husks . which the swine did eat. But when he V came to hImself he said I will arise and I go back to the home or sense and honesty . 'which I left and will ask to be taken . V back as a hired .r\"ant on probation. I .i will admit that 1 was wrong and have II now seen the light and I hope to be restored - . stored through good behavior to my for- , mer place in the confidence or the folks at home and decent people gencrally. That is to say , the Democratic party could be conscientious ! likened to the prodigal son it it had acted on the lines just laid dovn But the attitude it ac- tually assumes is something entirely dif- ferent. Without explaining ! or reprobat- ing his actions ot 1800 and 900 when J he voted for Bryan , Judge } Parker asks - , the support and confidence or nIl gold- standard nien because he somewhat pat- roniz.ingly recognizes the gold standard as "irre'\"ocably establish . " He does not animadvert upon his own conduct in leaving home or even upon the quality of the nutriment which tho- far country or populism afforded the Democratic paunch. As near as we can make it out , the Democratic idea is that the Elder Brother - er should be thrown out on the world and the Prodigal SoIl installed as man. agel' or the estate. Price Placed on Repentance Gold Democrats who bolted the Bryan V party will be permitted to join the HilI- Belmont-Parker organization. provided they pay n. big entrance tee. The Demo- cratic State Committee or Indiana is preparing to levy a heavy assessment on gold Democrats who wish to vote for Parker. In other words , the men who have been reviled @o bitterly by ) Ir. Bryan for supporting Palmer or \IcKin. hey nt the last two elections must open their pocketbooks : it they wish to sit humbly in the Parker bandwagon. President Roosevelt : said : in his speech or acceptance : UA party is of worth only in so tar as it promotes the national interest- " Measured by this standard what is the Democratic party worth ? . . . - , . . - . . . . ; ; " . . , "