PLAINDEALER SUPPLEHENT, September 24th, 1806.
Supplement
The MoKinley Law Checked Im
portation and Qavo a.
Home Market,
EFFECT OF iTHE WILSON BILL.
The Canadian Farmer Has Protection
but the American Farmer
Has None.
There is no reason why Canada, Mexi
co, China, or any other country should
supply the United States with a single
SK. Canada does not buy n single egg
from us, and there is no reason why we
should buy from her. When we do, the
American farmer loses the benefit of iart
of lits natural market.
The purpose of this article is to show
ly a few figures the benefit which the
American farmer derived from the Me
Kitiley law; not merely liecauso the
law siopeinl imports from other countries,
but liecauso under that law he received
an average of 15 cents a dozen for his
-gS all the year around. I'nder the
jiivserit Wilson-Uorman bill, he hardly
averages Ji cents a dozen; and the jieople
could lietter afford to pay 15 cents a
dozen in 1SII2, than they can 5 cents a
dozen Jn lSSnJ.
From ISi-t lo 1S2X1. there was no tariff
upon ess. The Canadian farmer could
send his eggs across the line from Maine
lo California. Mexico. China. France.
Germany ami other countries supplied
us with 15.5t0,0iXI dozens of cgs. an
nually, on the average. We iid every
year to the foreign farmer ou this small
product alone, at 15 cents a dozen. ?i
fcOO.OiiO. This imiortaticn of over 1,
OOU.OuO dozen a month or 50,000 dozen a
day was felt, in the way of competition,
by our fanners chiefly in the largo cities.
'Kariners, can set the 1h-i prices for eggs
and their products in the large cities:
but when New York. Philadelphia, Bos
ton. Buffalo. Cleveland. Chicago. San
Francisco ami many other markets are
supplied with eggs, shipped at cheap
Tales of transportation by water, how
can the fanner exiect to compete who
lias to ship hi ecss by rail?
The following statement shows imor
tations of egg, by countries, the year be
fore the McKinley tariff went into effect,
for the year endinc June ,"!0. lssil:
Importations of w. by countries Jolyl,
to Jntie 3). Ismi.
Countries.
Doien-. Value.
-Auslria-llnnrary
Jlelclmu
China
llemaark
France
Grrmin;
'inland
Jjjva Sootla.
7t fnn.wlct
l.fc.
21MG1
llU.TCi
74.10,
140.
73.3iV,
4.U14,
4.10U!
23.223
6.423
(
1
'"1
. . ,(
n.ito
S3
SCS)
.New
I'rlnre Rdwanl I
-lan.1; 3.t37.222!
4N1.C00
1.SW4.020
7 SO
2.U7-
r
2LX
TO
l.'.
Quebec. Ontario,
Itoba Terrltsrv.
JtrliNh Colanibfa
lions Kon;
3taly
Japan
Mexico
Kctherland. . . . .
Cuba
Turkey in Africa
iiaa-l '
ii.7a.4
.(
I7S
l.V-'lt'l
12.4isi
-M.
1.V7
).
1U.WB
Total
?15.31S.sX;ri4 Is.t'7
The next table baw the points at waleh
these ess were received:
J.UKK1UA TOUTS OF ENTRY FOK EROS.
Porta.
I Dozen. , Value.
Aroostook. Maine
Itaasnr. Maine
Hath. Malse.
Jloston and Charles Joe.
Uin
Tlnffalo Creek." N."
Cap Vincent. N. Y
Caamptaln. X. Y
Corpus Chritl. Texas. .
Cnyahnsa. O
Kctrolf, Mich
CJene-ee. N. Y
Gloucester, Ma
Huron. Jllrh.
JCry West. KU
ilarblehead. Mas
.New Iximl.in. ("una . . .
New York. X. Y
."lasara. X. Y
Oawesatcbie. X. Y
iH Wego. X. Y
J'aso ilrt Norte. Texa
anil Sew Mexlcn
3 "iau ma c tI ti r. Maine.
ltlladrlpbU. i"
Iort land and KalnMHMB.
Maine
J'ortsmonth, X. 11
JTov!lriw. It. I
lnxet Saowl. Wash . . .
Fa I'm ami loverly.
Maw
Kandnnky. O
Kan KrancUcn. Cal
U.si
t.fT;,
X'
oi
T.f.B'
11.777'
1..VR,
t.T
316'
.TtriW,
1.412JB!
sr.
J70.I.I
1.37
4
oljtlt
104
l.tis
1M
J4
H1..V.-1
1..VV.
i.i:iiy
. . . ......!
I
.Sli
it;il
tcr.
4.1MJ
73
i37i.
W.1.H
l-
IS
lUtrtil
7.7M
VIS
Hnprlor. Mleh. ...
Vermsat
'Vraldoifuroeb. Jle.
i.ia
2.070l
S77.f 7
i
I
"Wlllamrtte, Or
'All othrr rutom ill-
10,
ur.
u
trlcts
. .i
1.2T.'
Total..
l.JMS.4U.2.41.l7i'
It ixhiM evnlently lie iniiossib1e for
ianners titty miles in the interior of any
of the state Ixtnlerins n the t'reat
Iakrs. to (iiihMi- with egss shipssl l.y
water from anailu.
The McKiid.-y tariff imputed a duty
of cents a floren on ess-. This law
went into effect OctoK-r 1. 1SIX). Dur-
inr the year endinc dune "Ml. l.sjm. we
iniirt-d nearly 1 M J . M ilozen esc- l-s
than in the year previous, when then
was no protection: The iiniMirtation of
cess steadily de rea.sl until the reial
ot the .vieKinley law m l.NM, so that
instead of nearly I tl.f at n . M Ji.zeu ess
ls-ins bnincht into this muntry. as lu r.
tofore. in 1SH w iunorttsl .S.(HMNHI
dozen; 4.0l.(iKl in lStll-'.H!; :t.( Ml.
in lS!i': l.T.-ji.irii in lMCM. Ity KH
nearly $'SWt had Isen taken frmu
the foreisu shipT. whi h now went into
tin' pockets of the Aiiiencan farmer.
The followius table shows tin- iniHirtn
tions of ess since lJvSTt:
Annual Imixirtatliiu uf foreisn rsss. 11-
Yfir endlns Jhii 30.
Iozhii. Value.
llW
a ISM
llW,
a ikm:
a iss7
a l.VA
a 1W
b 1K
h 1-41
h IMS!
h IW
ir..'J71i.lS.'f2.7.VM
Il;.4s7.-.1i L'.i!77.tnn
lli.liits.l.Vt .47ii.172
in,ir.cu-s3 2.173. IM
.i:i.!i.;.o.i
1.-..UI2.K.11
i:..iilS.wi!i, LMls.ilTii
ir..0TJ.7lit 2.071.H12
S.233.IX3
4.1VS.IW1
.V-I'.h)
3.SIi.SI2
:aiM5i7
UIKH 1.7I:.ISH
c IKl. ; 2.7UII.41I
ICI.MI
:c.t,i:i:s
a Tinier 1 ree Traile.
h I'rulecttsI, October IS, lSJKl, at T. cents per
dozi-ii.
cfSorman Tariff.
Purine the Inst year of the McKinley
tariff the only escs we boucht were from
Canada, and from China for the Chi
nese. We boucht none whatever from
Kiiropenn countries, as before. Kven at
f cents a dozen the tariff would not be
any too hich. It simply made a differ
ence to the countries across the Ocean, or
jilnn s in Canada, far from the shippinc
points.
What does all this talk about slxtoen to ono mean?
It means that free coinage of silver will ruin business and close the
If the McKinley law hhd been let
alone, the American fanner in lS!5-(
would bo supplyius nearly every epc in
the American market. The farmer's
wife would have felt encourased to in- j
crease her stock of ultry. on which i
she dejH-nded for pin money to clothe
herself and her children. When the
McKinley law was repealed and the tar
iff on esss reduced from 5 cents to H
cents a dozen, importation increased
l.OOO.OuO dozen in one year, at an in
creased price of $lli",000. tnles the
American fanner can set- it to lie his in
terest to vote for McKinley and the
restoration of a proper duty on csss, the
Canadian and other forvizn fanners will
soon asain ship u 10,u"H.OfK dozen a
year and the price of domestic escs will
continue to decline, as they have done
for the lat two years.
OucMlou. Why Should lleiuormt Lesi
latr In faior of the Canadian calmt
the American Karuirr?
The American farmer could not sell
escs in t anana. even u tney nan no
tariff on American escs. Then- are only
a few large eitie- there, and they are
near to the Canadian cheap farms. The
half-a-dozen -mall markets in Canada
have a total jwpnlation only omwiuarter j
as larse as that of the city of Xew York.
A few election districts in the city of j
New York, or in l'niladelphia. or in ,
Cuicaco. afford a better market for j
American esss than the whole of Call;
ada. Yet Canada imjios- a duty of 5
cents a dozen on our escs. while we itn-
Com a duty of only 3 ccnt a dozen on '
er cec. !
The Canadian have protection, bnt ,
under the Wilton bill we haTc not. I
A Pointer for Farmers.
T .n....,l.nr Attn inat.nro fhst lltfirS
particularly upon this nmstion that came
to me today as I sat here, arid that was
this: My father enme trom tne ,cw
Knctand stat- un this prairie in 1S.TT.
He told me thi instancv once: That
after sowins a crop of wheat by hand,
ciittins it with the cradle, bindinc it with
the rake, and ttin-shinc it witn tne nan
,1... ti..r I,., mit if iirwiri n 1'ilon
awl drove it to this city of Milwaukee.
ninety-ix miles away, and -old it here
for 4t conts a bti-liel. This was in the
5K and -liver then was an ounce.
V-.... .JI ll,.i .ilntr liln Ilk ..Vfllnin to Tilll
how it was that in the early TD wh.mt
was 4t. i-cnt a IMl-hei. ami silver
an oum-e. if the price of -ilver always
carrier with it the price- of wheat. And
when he hems and haws, say to him:
"It is not only connnou u nni, mn
,U, ....rikmiulitT' rmi v.il.1 till witll
Ilia, ,,n, ........-- .- -.
silver. sitton: and tell him that for the
for years i ii.lnic in IN.i cotton in tne
citv of New York averaced only 7 cents
'. ...i . .,..1 flint f.ir tli. fntir rmlrs
U lflllf... ...... ....
eudins in l-'l the same eltis. averncis!
S cents a .IIIMl. I ell Him to ejnain
that to vou. That was when we had
free coiiiasc ami silver wa then
an oihm-v. He aniiot explain it. That
one illustration, my friend-, utterly b
tnys tin- whole -diver heresy. Con-cn-'niHii
Fowler of New Jersey.
What Stewart Tlioiijcht In IKIM.
Senator Stewart of Nevada made a
-hi-c1i in Concrf-s February 11. 1J"4. in
which he -aid:
ct evcr.l"!y know what a dollar is
worth. The farmer- will then know- how
to measure the difference in price lie
tweeli his wheat in Illinois and the wheat
in l.iveriH-fl. The wheat will 1m- meas
iinsl lyr the -ame standard cold in
Illinois a- it is in I.iverMHil and any man
can licure it up. Hut now it is a mys
lerv. the whole subject of tinance i- a
mvstery. and what do we ur every dnyV
Ye -s- tho-c wIhi devote their attention
to it uiakinc larce fortunes out of this
mystery. . ,
Let H- d" a- all the (icople of the world
have Im-cii doiiic from the besinninc
uiea-nre our values by sold, adopt the
standard that all tun unders.and. and
set rid of this mystery.
Mr. l.ociin u hat does the senator
want'?
Mr. Stewart I want the standanl cold,
and no (miier money not rcdi-cnied in
cold, no pajier money the value of which
is not asivrtnintsl. no jsiper money that
will organize a cold board to speculate
with it. Who pays for this cold board?
Who pays the-e immense fortunes'; How
is it that millions and millions can be
rolled up annually there? Did anybody
ever ciilculate who paid for it? It
comes out of the producers. How do
these men eit? Hy the latitude which
oiir ilepret iateil currency gives to specu
iation and liothins el-e.
Fcr-ons who are speculating in your
depreciated currency are making the
money, and they will continue to make
it so "lone as you have n depreciated cur
rency. if the farmers would set rich they
hnve cot to become skilled in this lluctunt
ins currency and make corners and man
ipulate the market, and if they do that
they r:iimnt farm. (Congressional Ilcc
ord forty-third Congress, first session,
ol. p. lo'JJ.)
Payment of Debts in Debased Cur
rency Means Practically
Repudiation.
A NEBRASKA FARMER ANSWERED i
Fallacy of What is Considered the
Strongest Free Trade
Argument.
The followinc letter is one of many
that are daily received by the Times
Herald. It is siijKiox-d to contaiti the
stronsest Ixw silver argument that con
be addresed to the farmer, ami it is
ueL by ihe fris- silver orator -with im
mense assurance of its sticwss:
Lincoln. Neb . Auc. 3. To the Kdltor:
My laml 1 enrtiiulM-red by a niortcace of j
IU. Iiayable in lawfol money Notemlier '
1. l-i7 I niu-t pjy this debt with the j
products or my rami. I nuer oruinary cir
cumstances I will lie able to ral-e 1IXO
bubels of wheat next year If there Is no
chance In our ananelal system, t hi wheat,
at Zi cent- per bushel, will pay half the
debt. When the valne of a -liver dollar
Is reduced to ."'! cents by free coinage a
bushel of wheat, without any chance In
lis value, will be worth a .VM-ent dollar.
With free coinase of sliver I shall, there
fore, be able to nay the entire debt with
the lft bnhel of wheat. The burden of
rylns a debt of lis has doubled since
bornmed the inonev I have obered the
laws of my country nnder the cold standard
and -hall obey tbem under a silver standanl.
The opponent- of fn-e coinase of -IHer are
appeafln; lo the laborer-, the creditors and
pulley holders to tmitect their own iier
ronal Interest-. If I sbonld fall to look on:
for tnv own- Interests who will do so for
me? I there any reason why 1 should not
tote for Ihe fn-e ami unlimited coinase of
silver? Very repect fully. J. W. Itlnser.
The answer is not far to seek.
When tin- farmer borrowed the money
it was the isUivaUTt of $!( in cold.
It was the same a- if he. had received it
all in cold piis-es. He could have
tm.l It flint w-nc if he so desinsl. Per
haps he did. for many such lonus have I
Ihtii made. hen lie exs'iultst it tie sot
$l'l in cold )siiialent. He i.robably
impnivtsl his farm to that client or
boucht -lock or machinery. In whatever
way he u-tsl it. unless he burned it up or
squandered it. he got value m-vivetj.
The Imrrowing ami lending wa- a busi
ness tran-action and the liorrower used
the money to promote his buincs interest-.
At no time -ince that mortCHSe was
executed, for few mortgages run over
live year- without renewal, would a
thoii-aiid bushel- of wheat have paid it.
Slipnose we had borrowed the money
from a neichliriiis farmer more pros-iierou-
than he. That ncichhor would
probably have to earry something like
two thousand lm-hets of u le-at to town,
-ell it for : thoil-and dollar-, get the
money ami hand it over to hi
friend. There have lieen ill the
past thon-ands of -tu-h transHi
t'miis. In fact, in every farming
community there are a few farmers,
more thrifty and of lietter business tjual
iiicntioiis than the others, who always
have money to leud out of their savings.
They get the money from the products
of t'heir farms, but they are not loaning
tho-e products. They are loaning the
money, and since lTi it has gold
or it's equivalent. Why should they
not have the mi me kind of money in re
!! mellt?
Is it any wonder that the advocates of
iinliniitcd'freo coinage are charged with
dishonesty and that silver is callisl dis-
li t money, when by the imssage of
a law a thousand ."Jt-cent dollars will be
siiliicient to discharge a debt of a thou
sand ItKi-cent dollars? Such a law
auioiiuts to the repudiation of one-half
the debt obligations of all the debtors in
the foiled States.
When Mr. Itiuger in the above letter
says. 'The burden of paying a debt of
S1IHN) has doubled since I borrowed the
tnoncv." he must reniomlicr. if he is stilt
ing what is true, that the burden" is not
alone upon him. but upon every other
business ninn v ho has lmrnflvod money.
Merchants and manufacturers fitd the
same stress of the hard times as the
farmers do. It i- not because they bor
rowed gold and have to lepay gold that
the burden i- greater, but that their
earnings and a-scts have not turned out
as they hoped and cpc-ted. Competi
tion and overproduction have affected
tlie whole world, but repudiation is not
the proper cure for it.
Honesty is the best policy as a policy
merely, without reference to its moral
quality for tint ums as well as for iiitli-
-workshops so that when there is a
viduals. A man who has repudiated his
debts is never trusted acain and is re
carded with contempt by all his neigh
bors. And so is a nation.
A free-coinace law is repudiation, and
that it is umler-UHMl in that .sense is in
licatisl by such letters as the above.
Kor if under free coinage the silver dol
lar is to appreciate to the value of a cold
dollar how will the fanner set more of
them for his tliou-nnd bushels of wheat?
How can he pay his debt any easier than
he can now?
No. it is repudiation the silver men
want, and repudiation is dishonor. Chi
caso Times-Herald.
VALUES DECREASED.
I'rirea of Llie Stock I'nder Republican
and Democratic ltule.
When we resumed -cle pay
ment In 1ST!) onr dAuiestP
animals. bres. mules, cat
tle. heep and swine were
valned at J 1.415,42X002
Durlnc the ennins six years.
until the ehi-tlnn ot Mr.
Cleveland In 1S54. the values '
iBcreased to 2.407,.024 :
A sain during six years of
Republican rule of J1.022.443.S2 i
.Dunns ihe en-nlng foHr years
until Ihe elei-tlou of Mr.
Harrison In 1SX-, alnes de
creased from 2.407.JJVS.P2I
To 2.440.W3.41S
A loss during four year of ,
Democratic rule of 5S.S2T...V J
During the ensuing four years,
until the -econd election of ;
Mr. Cleveland In ls'-rj, values
asaln Increa-eil from 2.4O0.04X41S !
To 2.4il,7.V..t2i-i (
A sain during four years of
Republican rule of ri2.712.2M)
Dnrtng the last two years,
nnder the second adminis
tration of Mr. Cleveland, and
under pn-!Hed and accom-
fill-hetl free trade and sweep
ng tariff n-dnctlons. values
again decreased fnm ll-JCtl. 2.4St.50o.CSl
To the comparaihelv In-Ignl-flcaat
total of l.MSi.44'sWiti
Showing the enormous loss
In Two years of Democratic
rule of tH,OX.37.-.
Cheap Dollars.
Everything is thenp or dear according
to what we have to jiay for it. Sugar is
cheap at Ti cent- a pound, but would be
dear at 111 cent-.
A cheap dollar, therefore, is one that
the merchant buys with less good lhan
he would have to give for a dearer dol
lar. If a merchant now gives twenty
tMiunds of sugar for a dollar, and the dol
lar which he gets i- a iNxi-eut dollar:
and if the LlKl-cent dollar is a dishonest
dollar and ought to W replaced by a 1(
ceut dollar, worth only half as inu.-h: in
that case, the merchant will give t lily
half as much sugar for the cheaper dol
lar a he now gives for the dishonest
JtKK-ent dollar. That is clear, is It not?
This' is precisely what "cheap money"
means.
Is this what the farmer and the work
iugmati really want?
Apply this illustration to Inlsir. if you
please. The workiusuinn buy- dollars
with labor. Does he want a cheap dol
lar, for which the merchant will give
only ten imiiinls of ugar? Or does he
want a 21M-i-ent dollar, for which the
merchant will give twenty iHiunds of
sugar? Cheap dollars would cut hi
wages in half. He-urely does not want
that.
"Oh. no." -ay- the workingmau. "that
is not w-hat I want: but. if dollar- were
heap. I would get twice a- many ot
them for a day's work."
Would you. indeed? Not on your life.
Free and unlimited coinage of silver, at
the ratio of lit to I. is simply a scheme
to nsluce your wages without your know
ing it or having au excuse for striking.
What good would it do you to get twice
a- many dollars for a .lay's work if .f2
would buy no more sugar, and no more
of anything oNe. than SI will now buy?
Besides, if prices go up. under free
coinage, a- they will we admit that
doe- not tin workingiiiaii know that the
first thing to go u i will be rents, the
next thing will le food and clothing, and
the last thing will Ik- labor? I'nder fns
coinage, instead ef being better off. the
workingmau would be worse off than lie
is now.
Think this over, and see what it all
un-ans to you mid to your little family.
Springtield i III.) Journal.
A (Jiie-tion fur Farmers.
If the volume of silver money controls
price-, as the free coiners would have
us believe thn it does, so that the more
silver coin there is in circulation, tho
higher is the price of wheat, and the
less silver coin there is in circulation,
the lower the .irice of wlleat: then will
some farmer, who believes in the free
coinage of silver at Hi to 1. answer the
question:
How did it happen that wheat was
lower in price in lSlM lhan ever before,
while the amount of coined silver in the
world was greater than ever before?
Illinois State Journal.
job for ono man there will be sixteen
Arithmatic for Wheat Growera
Which Neglects Tax and In
terest Considerations.
A FREE SILVER MATHEMATICIAN.
Silver Accountants Concede Double
Expense in Mexico and As
sume Equal Profits.
Warren. Minn.. Ang. t. To the Editor:
I enclose comparative slips circulateil by
au advocate of free silver, which subject
I would like your opinion on. Ir. of
course, is intended to catch the fanner
who raises wheat, and deductions' of this
kind have had their influence in this dis
trict, which is largely wheat growing.
I would like the going wages in Mexico
and the rates of interest in countries on
silver basis as compared with the gold
standanl countries. L. Iimberson.
The first slip professes to show ;he net
profit to a farmerof raising bushels
of wheat in the Fnited States:
.VnTti hn-hel-. at U cents per bushel. . .J2.$no
Kxpen-es ...Sl.UiO
Freight Ml
Interest 21 "1
Taxes 40
2.0IO
Assumed net proMt to American
fanner 7(M
The second slip makes a similar state
ment of the assumed profits of raising
r bushels of wheat in Mexico:
bushel-, at $1.12 per bushel ST..CIX)
Kxpen-e J2.KXI
Freight Sou
Interest 2l
Taxes 40
.-..OKI
Aswned net profit to Mexican
fanner f2.."sai
Reduced to gold 1.2M1
As this as-umisi profit would Ik- iu
silver and the wheat would have to lie
sold iqion the gold standard, this skillful
accoiiutaut reduces this to gold, making
the net profit to the Mexican farmer
Slli !-4i. But to produce this n-snlt this
accommodating ai coiintaut. while con
ceding that tlie exMiisf of raising the
wheal would lie twice as many silver
dollars as in the United States, as
sumes that the profit on it would lie the
same uiiuiIht of silver dollars as in the
United State-. A a matter of fact the
fn'ight rates in Mexico are higher ex
pressed in the gold standard than in the
United States, but assuming that they
are the same, the American railroad com
panies, as oon as they cross the Ismler.
requiro twice as many Mexican dollars
to pay a given freight rate a- they re
quiro of American dollars on American
territory. s1( that the freight rate in Mex-i.-o
would lie Mt instead of SS00. as
our fn-e silver accountant states it.
Moreover, inten-st rates are higher ill
Meiit than in the United States, if
paid in Mexican silver dollars, and miin
over the interest would have lo be paid
on twi.-e tin ni'mbcr of silver dollars bor
rowed by the American farmer, so that
even sirqiosing the rates of interest
to be the same, the amount of interest
would In- double, raising it from SDO to
S4IHI. Moreover, the siiiv:ileut of .-MO
taxes paid by the American farmer
would lie SSlI in Mexican dollar-, so that
the account of the Mexican farmer, thus
corrected, would stand as follows:
ruHMI bushels at $1.12 per bushel J.1.rti0
Kvponse 2.00O
Kn-lglit l.CJi
Interest 4i
Taxes so
4.US)
SI. ."20
Reducing this lo gold, as iii the original
statement, the net profit of the Mexican
fanner would Is sjia). exactly what that
of the American farmer' would be. This
is a fnir .specimen of the illusory and
deceptive statements put forth by free
silver men to deceive American farmers.
Bryan a Creenliat-ker.
Mr. Bryan is not so much a silverite
as he is a sroenbacker. He said, on the
lloor of tlie House of I.epresentutives in
Washington. June 5, IS!M:
"The issue of money by the govern
ment directly to the people gives us a
safer currency Ithan national bank bills)
and saves to the people as a whole the
profit arising from its issue. When a
bank issues money, you must pay the
market rate of interest to get it: but
when the government issues money, the
people save the interest, if the money is
nfterward called in: and they save the
principal also, if the money is kept in cir
culation." He asserted that greenbacks "can be
men out of work applying for it.
nsed to pay the expenses of the govern
ment." The tariff on some of the neces
saries of life might be reduced, and the
deficit made up by an issue of money."
Or. if this is not deemed advisable, "gor
ernment paper can be issued to pay for
special improvements; harbors can be
deepened and rivers improved in this
way." He introduced a bill to issue
STO.OOO.OOO of United States treasury
note. with which to inaugurate the con
struction of the Nicaragua canaL He
further suggested that "we can use any
available coin on hand to take np ma
tured bondd and replace the coin so used
with paper money. ' He introduced an
other bill providing in this wav for the
payment of the $2T.II0.()0 outstanding
'1 per cent, bonds. He did not stop even
at that point, but gravely proposed that
government paper should lie issued in
the place of national bank notes, as they
are retired." His theory of the ultimata
redemDtion of government obligations,
as stated by himself, was that the larger
the issue of treasury notes, the smaller
will be the "coin" reserve required with
which to meet them. By "coin" he ex
plained that he meant both gold and sil
ver, wilfully ignoring the disparity in in
trinsic value between the gold and silver
dollar.
And this is the financier and states
man for whom honest and sensible men
are asked to cast their votes, next No
vember! Bryan Shown to be Uncertain.
Thero is abundant proof that Mr.
Bryan is an insincere isilitician and an
unreliable adviser of the people. He
was a bolter in ISSKt and in that year,
too. he made a sjioech in which he de
clanil that the exchangeable value of a
dollar depended on something- beside a
congressional edict.
When Frank Irvine wai running on
the Democratic ticke fop-' judgj of the
Supn-me court of Nebraska Mr. Bryan
siipiorted a Populist. J'n reply to a let
ter from Mr. Irvine, calling Mr. Bryan's
attention to his unexpected position, the
present candidate for President on the
Democratic ticketwrote a statement of
his roasons for liolting which contained
the followius cool remarks and assur
ance of persoual and pecnliar esteem
for the Democratic candidate:
I regret that our people choe for slaughter
o deserving a man. They ought to
have selected some one of the numer
ous Democrats who are responsible
for the falling off of the Democratic
vote. I have sioken to you thus
frankly and confidentially, because
1 feel that you deserve a better fate
than the one which I fear awaits you
this fall.
During the extraonlinary session of
Congress of 1J-JC5. called by President
Cleveland. Mr. Bryan made a speech in
which he declarod that:
While the government can say that a given
weight of gold or silver shall consti
tute a dollar and Invest that dollar
with legal tender qnalltles. it cannot
tlx the purchasing power of the dol
lar. That must depend upon the '
law of supply and demand. '
If the number of dollars increases
more rapidly thjn the need of dol
lar as ft did after the gold discover
ies of is';) the exchangeable value of
each dollar will fall and prices rise.
Thus it appears that Mr. Bryan knew
what the exchangeable value of a dol
lar depended on. Hi change of tune,
therefore, is not liecause conditions have
chanced, but becaue he shifts his prin
ciples with the varying olitical breezes,
and that he is willing to do anything for
otpce.
In the spring of 1S',2 Bryan declared
in a snecch made by him on the tariff
question that the fall of prices must Ik
attributed
To the inventive geuins that h.s inii!ti:iietl
a thousand times, iu many instances,
the strength of a single arm anil
enabled Us to do today with one man
what tlfty men conhl not do fifty
year ago. That I what brought the
price down In this country' ami eNe
w here.
At tins time another change has come
over the spirit of his white house
dream. He and his fellow Populists
ascribe the fall in the prices of commod
ities o the fall in the price of silver.
Mr. Bryan and his associate declare
that "the crime of 1ST:?." which the
New has shown to have been no crime
at all. lias pulled everything down with
it.
How can the people believe a man
who thus stultifies himself and puts h't.i
self on both sides of vital questions,
while, at the same time, he proves un
true to his party associates? Buffalo
New s.
The Irishman anil the Potato Bag.
Mr. Tenney's story at Madison of the
Irishman who swallowed a potato bug
and then a dose of Paris gnn'ti. in the
hope of killing the bug. is very pat to
the political situation. The American
workingmau swallowed free trade in
1S'.C and now. to cure the misery which
he has suffered ever since, the Popu.ist
quack doctor i trying to induce him to
swallow an unlimited dose of free silver.
But if the workiugiuan takes it. he will
find, when it is too late, that the cure U
worse than the disease.