Logansport Pharos-Tribune from Logansport, Indiana on October 8, 1896 · Page 4
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October 8, 1896

Logansport Pharos-Tribune from Logansport, Indiana · Page 4

Logansport, Indiana
Issue Date:
Thursday, October 8, 1896
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||1$»$^ John Gray's CORNER. Da fall and winter underwear, he has tttw cornered the largest, lot of under- JTMT ever brought to Logonsport at ferd times prices for cash. These fMds are direct from the factories and •f the best values In nil lines for ladles, (•nta and children; go and Investigate •nd It will not take you long to decide •here to buy your underwear. 'DAILY JOURNAL every day In the week (except by the Lqgansport Journal Company. _ • WRTOHT President T'l^RDY - Vice President «" WGRAVES Secretary J £' BOYER. r .Treasurer '*i on rrlm per Annum "•?£ Vrioe per Month ^ ™ Offlclal Paper of City and County. Altered as second-class mall-matter at tt?L«Kan3port Fost Otllco. February > THURSDAY. OCTOBER'S, isoc. REPUBLICAN TICKET. 'AND A FLUCTUATING CURRENCY.—Democratic platform, 1892. o BARRETT A. HOBART of New Jeraey. For Governor, • •AtnCB A MOUNT of Montgomery Co. ••""For Lieutenant Governor. WT. a HAGGARD, of Tippeoanoe County *^ For Secretary of State. or Traerof sa /SCHOlS <J?V«a.rt,ant County W E HENLEY, Third ' DUtrtct . U Z. WILEY, 'ot Benton County. , Electors 'at Large. „„_ ., H. Q..THAYER. CHA3.JT. JONLB., •For Congress, GEORGE W. STEELS. sentative. Cass County. w Kepresentatlvc-CHARLES B LONG- . ' M S^StS^OHX HAM 3HIDELER. __ COMPARE THEM The Republican party is unrescrv- gflly for sound money. It caused the enactment of the law providing for the M«»mptlon of specie payments In 1879; dnce then every dollar has been as ' «ood as gold. "We are unalterably opposed to •rery measure calculated to debase •nr currency or Impair the credit o£ •or country. We are therefore opposed to the free coinage of silver except by international agreement with the lead- Ing commercial nations or the world, 'which we pledge ourselves to promote, '«nd until then such gold standard must 'be preserved. "All our silver and paper currency. mutt »e maintained at parity with gold, and we favor all measures de- •JMed to maintain inviolably the obll- .fattons of the United Stntes and all our money, whether coin or paper, at the present standard, the standard of the jpoat enlightened nations of the earth." — Eepubllcan platform. "We demand the free and unlimited coinage of both gold and silver at the present legal ratio of 16 to 1, without : waiting for the aid or consent of any •tber nation. We demand that the •Undard silver dollar shall be a full togal tender, equally with gold, for all •debts, public and private, and we fav- *C»nch legislation as will prevent the demonetization of any kind of legal teoder money by private contract."— Democratic platform. • "We demand free and unlimited coinage of silver and gold at the prea- •nt legal ratio of 10 to 1."— Populist pfMform, 1882L "We hold to, the use of both gold and gllTer as the standard money of the country, and to the coinage of both ^fOld and silver, without discriminating 1 against either metal or cnarge for .-intntage, but the dollar unit of coinage •t both inetals must be of eqoai Intrln- •'». etc and exchangeable value or be od- - Justed through International agree- .»ent or by snch safeguards of legls^ Ution as shall Insur.e the maintenance «f the parity of the two metals and the «qnal power of every dollar at all times In the markets and In payment of debt, •nd ~w* demand that all paper oiirrency •hall be kept at par with and redeemable in such coin, WE MUST INSIST UPON THIS POLICY AS ESPECIALLY NECESSARY FOB THE I>BOTECrriON OF THE FARMERS >AND LABORING CLASSES, THE FIRST AND MOST DEFENSELESS <; VICTIMS OF. UNSTABLE MONEY SIR. RYAN'S SPEECHES. There h:is been no doubt In. the minds of sound money man that Mr. Bryan would make votes for McKlnJey in Lo- gausjwrt, and the results show that they were not mistaken. The Journal yesterday morning asked questions which Mr. Bryan would have miide hundreds of votes by successfully answering, but he Ignored every one oC them. The .Tourual knew the cluma- gogy oC his campaign and it nJso Itnow that lie could not moot a. square issue, •J-Iu relies upon generalizations, on the arraying of the smaller class agnlnst the larger class, of the employes against the employers, the great masses of the common people against the few who have become great financiers. But who are the common, people? Tho groat mass oC successful men who have worked hard ami made each year show greater receipts than expenditures. The men who liavo deposits in banks, Investments in building .ina loan associations, hard-iwned savings loaned to friends iind neighbors. And whom does Mr. Bi-ynu court? The men who spend more than tlioy make, who owe more than they can pay, who progress backward, who accumulate nothing a.ud expect the government to save them from their own folly. Tueso orn the men Mr. Bryan hopes are In Tho majority.in this country n.ucl by their votes docs, he hope to succeed. And around this Idea Is centered all 'his demagogy. He will matec .tTicm enjoy the fruits of labor without laboring. He will give- them good results from 1*1X1 or careless managoraenr. He will give them ,1 dollar for fifty cents, and ft will be .in equal dollnr wJth the gold dollar earned by honest toll. How far he 'will array honest but mllsgnlded men in his support remains to be seen, but there-is.no question of his support by the men who expect to get something for nothing, of the men who would live in idleness off of their neighbor's toll. 'They ore all for him. The question of bimetallism TS not an .issue. The Republicans are, bimetallists. .They believe i-n the use of both metals as coin. Mv. Bryan's only hope- Is iu amiylug one class against another nud lie has insulted the intelligence of the larger class by assuming that they are ignorant and that he can fool them. His appeal to 'la.bor organizations Indicates that-he.believes organized labor without -tiny grievance would pull down the structure upon themselves in order to have it'fall on -their employers. He assumes that the members of or- gnuiKcd labor are fools, to ilo his bidding, because In destroying themselves they will also destroy the property of their employer. Such is Mr. Bryan's appeals. He ma.kes no argument, ami ny snch demagogy he, hopes'to win. He Is greatly deceived as to the intelligence of the Indiana workingnmn, and the Indiana farmer. Though such tilings may win in Nebraska they will not Here. Mr. Bry,-u> made votes for his opponent In Logsiusport. W. J. BRYAN. (Continued from Third Tago.) t)P TO DATE EXAMPLE. ' .The falsity of the idea mat a government can. by Ii-at or decree give a. circulating medium a vaOne it curaot possess, is shown in Cuba today. Captain General Weylor is trying to force tlie people 'to'accept paper money at par wftl) gold. I« Havana business Is par- alysed a* a result. It is shown clearly that a government may punish a cltl-. •/.an who refuses to accept fiat money -at par and may an -this way keep tho rags at a.u equality with go.ld; but no (lii.t or decree or- threat can force the citizen.to sell his property. Thus when retail merchants present, orders from the Captain General to the wholesale merclmwt, demanding that the papar money be accepted for his goods, at its face value, he simply refuses to sell his wares at ,iny price, and the trado of the Havana market Is palsied. IT IS NOT AT ALL PROBABLE TH&IT THE NEXT, HOUSE WILL HAVE A MAJORITY FAVORABLE TO THE FREE COIN1AGB OF SILVER AT A RATIO OF 16 TO 1. WHEN IT BECOiMES A DEMONSTRATED FACT THAT THERE IS NO DANGER OF THIS COUNTRY ADOPTING THE SILVER STANDARD IN OONDUOTIiNG THE BUSINESS OF THE COUNTRY, PROS- PURITY WILL GOME AGAIN AND, WITH LOWER TAXES ON THE NECESSARIES OF IJIFE, EVERY KIND OF BUSINESS WILL BOOM AGAIN.—Pharos editorial, March 12, 1896. Read Mr. Bryan's speeches for facts. Oast aside his attempts to nrray class agrfinst class, employes agailnst employers, a.nd get at the statements and the arguments supporting them. There -Is nothing In them. They are Incendiary .and fanatical. They are the best campaign, speeches for McKIn'ley that have been made. No Intelligent man can Indorse them. He asks employes to pull down the house upon' them-, selves that it may also crush, the em- 'ployes. And Why? Not for any specific wrong, but as a general proposition. . •-.... , M that the president of the- railroad company does not. vote any oftener than the engineer (applause and loud chcer- 'ing). When they teal me that the'cor- porations «re using all their Influence )iga,i,nst us, I tell them Mmt I would rather have tho votes of the employes than have the influence of the managers (applause). This is not this lirst time that I have found the heads oC .the railroads opposed to a tiring that I advocated; I remember that two or three years ago we hod a bill up In Congress, the object of which was to. protect the lives awl -limbs, of employes by mafclng tho railroads put on couplers that would not Injure the lives and limbs o£ the employes. And when we were fighting for tha.t bill, I very well remember that the question the railroad attorneys In Congress wore interested in was the cost of putting on this coupler against the value of the-Hives of tho human beings we tried to protect (applause). So that it is not a new tiling to have'the opposition of these men. And then I know another reason why wo have their opposition; our platform declares in favor at' nroitra- tiO'ii of differences between railroads and their employes. I believe In arbitration; I liellcve that a maw who has a just cause is willing'to submit it to an impartial judge and abide the decision. Society is interested, my friends, in having courts of arbitration in which these dilfwence.s can be settled. Society is interested in protecting inselii! from difference's between the employer a.nd employe, and the laboring men are willing to -have their affairs submitted to arbitration; and if tihe employer will not voluntarily submit, I believe tho time has come to compel them to submit these quastions to courts of arbitration (applause). Another tiling: Our platform declares ngainst government toy Injunction. My frionds, the law and jurisdiction) of courts deteiiimi-nes upon what courts s.hall pa.ss. and what courts shall do", and government by injunction has been carried to such an extent that they passed through tho Scna.tc a bill protecting employes 'by providing for a trial by jury in certain cases of cpii;- 'tempt, uud that law was .so just'that when i't came .before the Senate, they did not even call a. roll upon it, the opposition was so small. And yet the railroad presidents are .trying M to make railroad employes .vote for the Republican ticket. 'But, I believe, my friends, the object of tho ra.ilfo.ad presidents is far greater to defcat ; th« 'the policy sot forth in our platform on arbitration and injunction, than. It Is in fear of having to pay their em-ployen in fifty-cent dollars (applause). Sly friends, I have .seen, men who haven't seen any kind of a'dollar for'so Ion? that a ilfty-cent dollar, would ,be a . Godsend to them (applause). The free coinage of silver does not give you'ft silver dollar that will be cheaper than a gold dollar. I bolieve'that under free coinage a silver dollm- will be as good as lihe gold dollar, whether it is coined 01- melted here or anywhere in the world. Then, you say. if the silver dollar is as good as a gold dollnr, how Is that going to help the people in, this country? Miy friends, when we ha.ve silver <is well as gold ns standard money,yo.u stop the rise iu the piwtiia's- Ing power of an- ounce of gold and bring it down, to the place from which K started, when legislation put rhe value upon-the gold dollar (a.ppla.use). While t.hc silver dollar will be as good us a gold dollar, yet the purchasing power of .a silver dollar and gold dollar will not. be -as great as the pui-c-has- iug power of the gold dollar is tod-ay. You say that the laborer is going to -lose; tli.it his wages' will not go as fm 1 . I tell you, my friends, t-liat the laboring man is interested in twotaIngs-oppor- tunity to woi-k,.as well as the wages he does get when he works (applause and cheers). The gold standard' has destroyed the opportunities of men; it is mating Idle men out of men who want to work. And those men who are still at work do not know how long they will be at work. They do not know whether their children will be able to find a job when they ore old enough to help In the cares of the family. The IsiDoring man understands that the gold standard has been the cause of half time to -men -who would like to work fulrtl'me. Ah, my friends, I say that the gold standard has made the farmer work double time In order to give the laboring man a chance to work half time. My friends, our policy Is a plain one; we desire to restore the parity between money and property! We desire to go back to the double standard, and having reached that point, we expect by pouring Into the channels of trade of. the gold.and all of the silver •to maintain an amount of money sufficient to keep pace with population and Industry. And in this way we reach a double standard and from, that time ..on you. can not gala by hoarding it, which 1s nqt...trtie,today. When a dollar has •risen In value it is more apt to be locked up In the. vaults. -Woe to the land -w:here,the only profitable business Is money hoardJnjj'aid money loantog, GRAND OPENING SALE OF EXQUISITE UNDERWEAR at the WHITE HOUSE, TODAY Everything from a 60 cent Suit to the Finest Garment made. We solicit an inspection. Wn. GRACE & Co. The White House Clothiers and Furnishers 316 Market Street. ami the sold standard makes this the only profitable business. And, my friends, tlie dollars have been rising so vapidly, and security has been falling so .rapidly that even money -loaning is uot as secure as it iisefl to be (applause) But money hoarding is more, secure thou it ever was; yes, for the last three years the annual increase for the pur- chasinp power of a dollar tins been •greater thn.n you can make out of a dollar ,iu any legitimate business on an average. My friends, there is no end to the gold standard. Our opponents sometimes say, 'suppose that demone- tization was wrong, shall we do another wrong -by restoring, silver? My friends, the-evils of demonetization have not yet ended. We are on- a declining plane,, and the question Is whether we slwvll Keep on going down and down and down, with no limit to our downward course, or go back once more upon the level plain, and then have business prosperous again. There is a choice between- couti<nua*on and indefinite business paralysis, and the restoration of the money of the constitution • There is no way to stop falling prices except to increase the amount ot mono-. Our opponents tell us that falling -prices arc duo to overproduction I had an experience down, in •• \libama,' Our opponents said that the trorcblo was, whenever he found a •tor.mer.who was.talking for rree silver, - he found a farmer who instead of being nt work, would sit upon, the stump or a tree and smoke Ms pipe (applause and a voice 'he's a da.um liar, that fellow K) m a. moment more the same man said that the trouble with the farmer was that overproduction has caused a falling in tine prices of the farmers pro- duets; then I wonder, my friends, what would bo the result i't the wan who sat under the trees and smoked his pipe and talked .politics, what would be the result on prices if that man wont to work (applause). Yes, my friends, men who P~at b^ u > e ri9e an(J th ° VnlUC ° the dollar sit alone and cry let us continue the present condition.' They sa.y tha.t we are stirring up discontent. I tell them they can carry contentment too far. I hoard of a man who did It once. He was always taught to be contented. He sat-wound, contented with Iris lot, and lost all of his property until finally, he had to sell his coat to !>«>• a loaf of bread. He sat down on the corner to oat his bread and a hungry dos came along and swathed It out ot hi-i hand. At first he was- Inclined to bo ., iittli':iiiR.i-.v, -but Ms oM ha-Wt of self- .coutentmout asserted' itself and he snJil- 'Well, thank goodness, I still Have my Iv.mger left (laughter and cheers). After they had deprived the people of money, and lessened prosperity and the people complained, they tell the people they ought to be thank- fwl that they still have left the need of money, even If they cannot get the money to use (applause).. Did you ever notice what a new arithmetic our opponents have gotten- out. Why, they tell us that the less money there Is in the country, the more each individual will have. Maybe you can-fool some Republican that wfly, you can't fool a Democrat (cheers and cries of 'that's so') They say that Democrats cannot read or write, but they have always admitted that Democrats «vere good at figures, and tills is the place where figuring comes in (applause). My friends, their Idea of circulation, is to circulate a large amount or money just before the election, in order to contract the currency after the election. And the Republican manager claims that he is the advance agent of prosperity. My friends, I am afraid that the chairman of the Republican- National'committee- Is the forerunner, or the advance agent of that peculiar form' of prosperity that comes just before the election, to those who expect to make enough In the campaign to last them until the neort campaign (cheers and. applause). But there can 'be no prosperity in tills 'country so long as the present flnan, clol pcicy .lajconttnued. ^W' and we that have Is circulation today one hundred fifty millions of dollars less than had two years ago, and the Republl can party is not promising to chang the condition, but I understand some '.of the Republicans . here complained when I mentioned this, moan, speaking of the amount in cir culatiou. -My friends, that which locked up in the vaults is not in circulation, and the Republican party affords no opportunity, or affords no wa.y 'by which it can be put In circulation. 1 waut to say to you, I want to tell you that, If the Republican party succeeds that, before four years 'are over the men who have been managing the fln- ances of this country will be proposing to destroy the greenbacks now locked up in the -treasury and ncvei •rive them a'chance to. get out. My- friends, you must either have the policy of this country established and determined by those who believe in a sufficient coinage, or, it must be controlled by those who believe -in a deficiency in the currency. Those who want money dear make it scarce In order that it may be dear: and if you want money more plentiful, you have to secure it by legislation, and that legislation is to -be brought to you by those who believe in a larger amount of money. But I must not detain you longer (shouts of 'go on, go on,') Well, if you do not want •me to put;-it tha-t.-way, that. 1 shall, not detain you any longer, I shall say that, you shall not detain me any longer, because I have to go to another place, (cheers a.ud 'immense appfcmse). I nm glad to have seen.you and only wish to have-had more time to isilk to you. But there is one thing I want to leave with you and that 3s, that I am not seeking the vote of any man. except as our policies commend themselves to his conscience and his judgment. All that 1 ask is that I.his cause shall be submitted to the people of this country and that they, without intimidation and without -prejudice, shall express themselves honestly and I am willing to abide the result, whatever it may be. Wihen he had finished he was driven .rapidly to the stand at the corner of Fourth and North streets and was introduced by .Tohn W. McGreevy. Mr. Bryan said: Follow citizens: We have already overstayed our time, and I can not speak to you for more than a minute. When we speak of the common people there are some who call us demagogues. -By the common, people, we mean those who are as good as anybody else, but d.on't insist upon being better than anybody else. A'broham Lincoln said, "The Lord must have loved the common, people, because he made so many of .them." In this campaign we- have arrayed ngainst us about all the influences in this country, which have for their object the benefiting of a few people chosen from all the rest of the people, and ns had been said, having none of these influences on our side, we* have irobody with us but the people themselves. After all, it -Is a great deal better to be supported' by the plain people, than to be supported 'by the trusts and syndicates and combinations, because if you are supported by the people, they will 'be'satisfled if you so, administer the law as to protect every citizen In the enjoyment of equal rights with every other citizen, giviog no special privileges to anybody: but if you are supported by the trusts and corporations and syndicates, aitter they have given money, to secure your election: they expect you to help them to get it; back out of the people. "I am not surprised that the trusts- a.re against, us. because we are against the trusts. It is a mutual opposition. I But if, my friends, the great corporate interests are sufficient to take men- out of the Democratic party, and carry them over to the Republican party, simply because our parry has arrayed' itself against advanced' privileges; ought not any Republican to find a- sufficient reason for leaving the Republican party in the fact that the Republican party has come to the point where it draws all the bad men from, other parties into the Republican party? As- one Irishman said, >he said he felt like the Republican did. The Irishman- was driving a mule, and tne-mule got to kicking, and he got his feet up' in the • buggy, and the Irishman said to the mule, ".All right, if you^are goThg to get in I wall get out," Now my friends, a/ great many Republicans h.ive reached the point where they arc ready to say, if all these men who stand for aggregated capital, and against the rights- of the people, are going to get into the Republican party,.it is time for us to- get out You can tell a cause as you can tell" an individual—by the company It keeps, and if you have any doubt about •who is right in this campaign, 'you look at the company that' our ca.use Is keeping, and the company that our opponents cause is keeping. We have all the farmers on our sido. We have the- la'boritxg men on our side! we are getting the business men on our side, and on the other side they 'have every man- who has attempted to divert from the- public,uses instruments rrom tne government for private gain. You- can take your chances and decide with whiclv army you shall flgfit. All that I ask of you is. that you so study the present condition and the present 5s- snes. that you will vote so you will not be ashamed to tell your children Low you voted in ihe year, 1S9G. •Mr. Bryan was then driven, to the Panhandle station and left on his trip- north. THE SPEECB-MAKING. General Features of That'Part of tho Program,. TJie speech-malting was not a marked feature of the day. The crowd did not come to hear but to sec. The din- was so great that but little attention was- paid. Mr. Bailey of Texas got on his dignity at something or other and refused to leave the hotel. Governor Matthews' got side-tracked at the rink while the crowd was-seeing Bryan oft' at the Panhandle station, and was completely forgotten. Judge Winfleld- who presided, finally stated to the forty or fifty present that tne crowd had come to see. Bryan, and that Governor Matthews would address the people- some other day. As soon as Mr. Bryan bad been safely housed at Judge Dykeman's after- liis arrival, the people turned toward the Tenth street lot, where the first speech was to be delivered. At 12:30- o'clock the lot was well filled; and close up around the. stand the men and women were packed like sardines In,a- box. To get through tine crowd to the. stand from the front seemed an alter- impossibility, but those who held tick-, ets managed it somehow. . The .hour for the speaking came ana passed and. (Continued on,'Fifth Page.). Highest of all in Leavening. Strength.-Latest U. S. GoVt Report.

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