( 107 ) HORSE SENSE. ' BY SAMUEL W. ALLERTON. The two great parties have now nom¬ inated their cadidates and have declared their principles. The issue is now before us, as Ameri¬ can citizens,.who were given, by our fore¬ fathers, the elective franchise, the great¬ est gift to man, that we might have a voice in the policies and principles that should govern our country. Is it not our duty to sustain a party that will be in the interest of the great¬ est good to the greatest number ? The Democratic issue in 1892 was that the Tariff robbed the people. “ Elect us and we will reduce the Tariff, repeal reci¬ procity and the Sherman Act.” The Democrats now see from their experi¬ ence the past four years, that they were wrong, and that they cannot go before the people and win. We have now lived three and one-half years under Democratic rule. They con¬ trolled both Houses of Congress and the Executive branch of the Government from 1893 to 1895. We have had three and one-half years of hard times and idle labor; our prop erty has depreciated, not millions, but billions. Who have lost it ? The farm¬ ers, middle classes and labor. The farmer and the cotton grower are now receiving the lowest price for their prod¬ ucts on record. Labor is idle, wages are greatly reduced, and hard times is the cry all over the land. In the richest country in material wealth in the world, with good crops, no pestilence, no calamities (except it may be that the Democratic party has been in power) now why should a free people be in such a condition ? There must be a cause. The Democrats have abandoned their position of 1892 and have been swallowed by the Populists, know¬ ing they would not stand a ghost of a show, and that they must have a new issue. So they have declared now for a fifty-cent dollar. They call it bimetal¬ lism; but they know with free coinage of silver the Government could not main¬ tain it on a parity with gold, for the gold would leave the country, and free silver means a fifty-cent dollar. Under the principles of the Republican party, Protection to American industry, reciprocity and sound money, we had thirty years of the greatest prosperity known to man. After being in full power, and destroy¬ ing our prosperity, the Democrats now propose to get in power again by holding out to the farmer—this inducement “ Elect us and we will reduce the value of a dollar to fifty cents or in plain English: “ We are in favor of rqjmdi- ation .” THE FARMER. I have always felt that the success of this great Republican Government de¬ pended on the intelligence of the Ameri¬ can farmer I am a farmer. I spent ten years of my life behind a plow. The largest interest I have is farming. My interest is with the farmer, and I have asked myself. “ As no man knows better than you the present hard condition of the farmer, have we not a great interest in this cam¬ paign ? ” > 2 A CAUSE OF THE DEPRESSION. Now let us be honest with ourselves and discuss this question on its merits, with no prejudice nor ill will to any one. First: What has brought about this great depression ? The fundamental principle of the Democratic party is against Protection of American industry. That the Government should not in any sense assume a parental Protection to its own people. In 1844 they opposed free schools, acting on the theory that the Government should not be in any sense parental in the inter¬ est of its people. But they now stand for free schools and I have always been in hopes they would be in favor of Protec¬ tion to our own industries. You ought not to reduce the wages of the laborer, you do not reduce him so¬ cially, morally and intellectually. With reciprocity repealed, closing the markets of the world against our farm products, and cutting off the revenue of our Gov¬ ernment, gold in our Treasury began to go abroad to pay for foreign made goods. The repeal of reciprocity reduced our exports of bread stuffs from two hun¬ dred and nineteen millions of dollars to one hundred and fourteen millions, and we are now selling our grain for nothing because our people cannot buy it, as they are idle. Under reciprocity we shipped this grain abroad. These are the causes that produced the panic, and every one then commenced to hedge, and confidence among our own people was lost, and we have been idle ever since. We only export 5 per cent, of our products, except wheat. It is not money that makes prices, because we have a much larger percentage of money per capita now than we had from 1861 to 1890. They may tell you that you got good prices in war times, when gold was at a premium, but it was not that; it was the demand. The war made a great demand for farmer’s products. TARIFF REDUCTION. All men who accomplish anything in the world must do it by their individu¬ ality. We are an individual nation and must take care of ourselves. England, France and Germany will not take care of us. As soon as Grover Cleveland was elected, the Democrats got in control of both Houses of Congress. The Tariff was reduced so that foreign goods could be imported, closing up our own manu¬ factories and filling our land with idle labor, on the theory that the more for¬ eign goods we imported, and the more we reduced the wages of labor, and the more we got in debt the richer we would be. They find this theory has destroyed our country’s prosperity, so they now propose to reduce the value of the laborer by paying him a fifty-cent dollar, in hopes it will enable our manufacturers to com¬ pete with those of the old world. PROTECTION FOR THE FARMER. Under the principles of the Republi¬ can party from 1860 to 1892, labor was well paid and well employed and con¬ sumed the farmer’s product at a good price. Now is it not clearly the interest of the farmer to stand for Protection of home industry—reciprocity and sound money and bring back to the nation pros¬ perity and confidence among ourselves and confidence among the nations of the world ? The Republican Government is for integrity and manhood and our un¬ alienable right to protect ourselves. Is it not better for the farmer to stick to the party of action—whose policy and principles have given us prosperity—than to join a party of repudiation, a party of promises that are never kept or fulfilled —which has abandoned the issue of 1892 and taken up a new theory to remain in power ? RECIPROCITY. What is reciprocity, and how does it affect the farmer ? Reciprocity is to say to the nations of the world —any product we cannot produce at home, or produce to good advantage, we will accept with¬ out duty, if in your country you will re¬ ceive in return without duty our prod¬ ucts, but articles we can produce and manufacture at home —we will protect with a duty to protect our own labor. With the Tariff and reciprocity, we are in position to trade with other nations— to protect our own interest for the bene¬ fit of our own people. 8 How has the farmer been affected by the repeal of reciprocity ? The markets of the world have been cut off. When we had reciprocity, we sold cattle and hog products to Cuba, France, Germany, Belgium, Switzerland, Norway and Sweden. When reciprocity was re pealed, these governments under the sanitary law, under a false pretense, claimed our cattle were sick, when the facts are, that the insurance companies have reduced the rates of insurance in the last eight years, from six dollars a head down to fifty cents, and no live stock shipper has lost a steer by disease in the last eight years. Now the President has it in his power, given to him by Congress, to retaliate on any nation that legislates unjustly against our products. The Secretary of Agriculture allows these nations to declare that his inspec¬ tion is worthless, when the national in¬ spection on live cattle is and always has been very rigid. Each and every steer is inspected separately, and a tag put in his ear, and every piece of meat has a Gov¬ ernment stamp. We allow them to ship $21 worth of wine and they pay $2 duty, but they charge us on $20 worth of wheat, $12. Duty on lard is 3% cents per pound, 21 cents on rye, 6 cents on oats, 14 cents on corn, 86 cents on wheat. Any man who has horse sense enough to come in when it rains can see why we do not get anything for our products we ship to foreign countries. Is it any wonder our nation is poor ? How long could you and I trade on this basis. One of us would be sure to go broke. And does not this explain to you the reason why the farmers west of the Mis¬ souri River cannot accumulate enough to pay off their mortgages and own their own homes, be self supporting and lay away something for a rainy day ? Had we maintained the principles of the Re¬ publican party, we would to day be get¬ ting good prices for our farm products, and the mortgages would not trouble any one. Any one who had been so un¬ fortunate as not to have paid off his mortgage, could, with a sound financial policy, have renewed his mortgage at a much lower rate of interest. Money would be plentiful, for we see that in ail countries that have a sound financial gold basis, they loan money for 1 and 2 per cent., while in all free silver coun¬ tries, from 10 to 12 per cent. UNDER-CONSUMPTION. The unthinking tell us that the cause of low prices is over product, but we know better. We have received 600,000 less cattle; and less hogs in 1895 than in 1892. We see we have imported $26,000,- 000 worth of woolen goods from England in the last six months of 1895, more than we did under the McKinley law. We have the goods and England has the gold. Had we made them at home we would have had the goods and the gold both. Seventy-five per cent, of the woolen mills of New England have been idle and other manufacturers have been on half time, and the New England States consumed 800,000 less cattle in 1895 than 1892. ILLUSTRATIONS OF UNDER¬ CONSUMPTION. We now have 180,000 barrels of pork selling at $6. We had at the same time, in 1891, 800,000 barrels of pork, selling at $12.75 per barrel. We now have 56,000,000 of short ribs, selling at $8.10 per hundred. We had at the same time, in 1891, 96,000,000 of ribs, selling at from $6 to $7 per hundred. From 1861 to 1892, lard sold from $6 to $8 per hundred pounds; now it sells at $ 3 . 10 . Why are ribs $3.10 per hundred, pork $6.00, lard $3.10 ? It is because our peo¬ ple are idle and do not consume and our foreign demand cut off by the repeal of reciprocity. Take 25,000,000 pounds of ribs out of the market and ribs would go up $1 per hundred and hogs with them. A milk dealer in Chicago told me he bought the milk of a number of farmers. In good times 6,000 families would use it all, but since the Democrats have been in power, and we have had these hard times, he supplies with the same amount of milk, 12,000 families. They only buy half the milk they did three years ago. Now, if the people will economize on milk, will they not economize on beef, mutton, pork, and all farm products ? Is it not clear that when our people are idle I they will not consume ? 4 To every cattle man, it is strange that a 1200-pound steer will sell for more than a fine well matured 1500-pound steer. The reason is people economize on beef as well as milk and want a small piece of beef. It is under-consumption, not over¬ production that makes such low prices for our products. Now, who would re¬ ceive the benefits of free coinage of silver ? It would be the silver mine owner here, and the silver mine owner abroad who would send it here to be coined and pocket the profit. PROMISES. Bryan says: “The sympathies of the Democrats, as declared by the platform, are on the side of the struggling masses.'” Is not this the same boy orator, who in 1892 said in Congress and out of Con¬ gress: “ Give us Free-Trade and we will give you prosperity ? ” Do we want the kind of prosperity we have had for the last three years e t Idle labor and hard times the cry all over the land, in a coun¬ try blessed with everything for human comfort. He is now trying to get in office by ap¬ pealing to the prejudices of the people, because they have suffered by a bad policy he helped to inaugurate. He now pro¬ poses to give us a fifty-cent dollar by say¬ ing to the people: “Will not your silver dollar buy as much as a gold dollar ? ” He knows the reason is, the Government has sold bonds to get gold to redeem silver. If they had not, your present silver dollar to-day would be worth 50 cents. Yet, the “ Popocrat ” party de¬ clares the Government shall not sell any more bonds to get gold. ANARCHISTIC TALK. The Democrat-Populist nominee for President says: “ This is a campaign be¬ tween the rich and the poor. ’ ’ Did any anarchist express sentiments wrought with greater peril to a Republican Gov¬ ernment ? To try to get in office by ar¬ raying the poor against those who have acquired homes and a competency for old age by economy and hard work, and by appealing to the prejudices and pas¬ sions of men, is a cause false in its very conception. DEMOCRATIC PLATFORM IG¬ NORES THE FARMER. There is not a word in the Democratic platform in the interest of the farmer; that reciprocity should be restored, that our home industry should be protected, that our labor may be employed, that the markets of the world should open for the farmer’s product. The Democratic party has been the conservative party. Not a party of ideas or progress, but a party of opposition. They have been useful in the past as a check, but they are now like poor Old Dog Tray, who fell in bad company. In 1892 they combined all the “ isms,” all the cranks, all the parties who wanted to make something out of nothing, and when they met in Congress, it was bed¬ lam. They now call themselves Populist- Democrats. DEMOCRATS AND SILVER. From 1832 until 1860 the Democrats had full control of the Government, the executive branch and both houses of Con¬ gress. They coined no silver dollar. The silver was coined while the Republi¬ can party was in power. The people would not use silver, therefore the vaults of the Government became filled with silver dollars and the Sherman Act was adopted and silver certificates were is¬ sued for silver bullion held by the Treas¬ ury. The members of the present Popo- cratic Party repealed the Sherman Act. SILVER. What is the practical reason that we do not want silver ? In the early ages we had iron and copper. It was bulky and lost its commercial value. Silver and gold were adopted. Copper was and is still used for cents. The great pro¬ duction of silver has reduced its com¬ mercial value, and it is so bulky, trade and commerce have rejected it. The vaults of our Government are filled with silver dollars. The bank vault is filled with silver, and the bankers are obliged to store it away in boxes. They do not know what to do with it. The Govern¬ ment, to encourage the use of silver among our people, will express it free to I any part of our country. To get gold 5 you are obliged to pay express charges. When you have free coinage of the world’s silver, you will force our people to take what the most prosperous and en¬ lightened nations have rejected, what trade and commerce and our own people will not use. The spirit of the American people is for something good, and they will not be forced to use what they do not want. Shall this great nation of free people sink its pride and manhood and adopt the policies of a weak nation ? Shall not this great Republic have the best finan¬ cial policy, sound and uniform, and good the world over ? These “ Popocrats ” are a very incon¬ sistent lot. They will tell you your silver dollar is as good as a gold dollar, knowing it is so, because the Govern¬ ment redeems the silver in gold, and yet they want to make the people believe with free coinage of silver, the silver products of the world, and this silver will pass on a parity with gold Is not their platform inconsistent with com¬ mon sense ? THE TRUE ISSUE. The fact is, free silver is a false issue; it is simply a scheme of repudiation. No intelligent man should be led away with it. The real issue of this campaign is Pro¬ tection to American industry, reciprocity to open the markets of the world for our farm products and an honest dollar, good all over our country and the world. LEAVINGS. The Democrat-Populists remind me of two neighbors who got in a quarrel—tell¬ ing each other what mean men they were. Finally one neighbor said to the other: “When God got through creat¬ ing man, he took the leavings and made you.” The Popocratic Party is made up of all the noisy anarchists, all the “ isms ” and cranks of all parties, who want to make something out of nothing, who want to live without work, jealous and mad at industrious men, hoping in this way to defeat the principles that are given to all men—a chance to better their condition. FALSE REASONING OF THE POPOCRATS. The free silver Popocrats will also tell you, that if gold should go to premium, the farmer would get more for his prod¬ ucts. I say not. Let me give you an il¬ lustration : Take the foreign cattle shipper; Eng¬ land will use 12,000 cattle per week and pay fair prices, but if you ship theip 16,- 000 the surplus must be sold to the labor¬ ing man, who cannot pay more than his wages, which is equal to 2 pence per pound for dressed beef. If gold went to a premium of 50 cents, and we shipped 15,000 worth of cattle and sold our ex¬ change at a premium of £7,500, we would have $22,500. This would induce every one to ship live cattle, and instead of shipping 12,000 we would ship 20,000 per week, and even with the premium on gold we would not get as much for the 20,000 as for the 12,000. Other farm products would be the same. We would give them such a large surplus they would dictate the price, which would be lower than the premium on gold. The Popocratic party says. “With free silver, we would have more money.” You all know that our silver and cur¬ rency is backed with gold which makes it good the world over. If you were to have free coinage of silver, do you think the people who have the money would exchange it for something that is only worth 50 cents on the dollar in any coun¬ try on the globe ? No, they would not— they would demand gold. Go to Mexico, and our silver dollar will buy two Mexican dollars, which have more silver in them than ours. The reason is, Mexico does not redeem her silver with gold. The Popocratic party protests against our Government selling bonds to maintain silver on a parity with gold. Necessarily, if in power, they could not redeem silver with gold, 'and our silver dollar would depreciate to the value of a Mexican dollar, and all our paper and silver currency would lose one- lialf of its purchsing power, which would contract our present currency one-half, and our $600,000,000 of gold would go to foreign countries to pay the interest on Government gold bonds, railroad bonds, township bonds and building bonds, and this would reduce our medium of ex¬ change $600,000,000. It would be three to four years before the Popocratic party could get control of both Houses of Con¬ gress and could begin to coin silver. Of course, they would not issue silver cer¬ tificates because the nominee of the Pop¬ ocratic party voted to repeal the Sher¬ man Act, to issue silver certificates for silver bullion. RESULTS OF FREE SILVER. It would take no doubt three years to get the matter settled in Congress, if they wished to restore the Sherman Act that the Democrats repealed in 1893, to issue certificates for silver bullion. With free silver we would remain in this de¬ plorable condition of uncertainty, loss of confidence among ourselves, resulting in a panic, bankrupting a large per cent, of the business men of our nation, paralyz¬ ing every industry in the land, throwing thousands of people out of employment, filling our land with idle labor, destroy¬ ing the demand for the fanner’s prod¬ ucts, and killing his home market. George D. Boulton’s letter to Charles Morgan, Postmaster of Barrie, N. D., is unanswerable on this question of silver: “ One of the best urgent motives of the silver party is that they want cheap money. By that I suppose they mean money they can borrow cheaply or earn cheaply. Now, the cheapest money in the world is in the strong¬ est gold country, viz.: England. The dearest money in the world is in the silver countries, for example : Money in London to-day is 2 per cent, per annum, and is a drug in the market, loaning between banks at less than 1 per cent, per annum, while money in Mexico, China, Chili, Spain, India and, in fact, in all silver countries of the world, com¬ mand a loaning value of from 12 per cenjj. upward. “ In the other gold countries of Europe, while money is not so low as in England, nevertheless the rate varies from 3 to 5 per cent, to the borrower. SOUTH AMERICAN EXAMPLES. “ 1 may cite as a good example of the two currencies, two States adjoining one another in South America—one, British Guiana, a gold counti y, with money at 4 to 6 per cent, per annum ; the other Venezuela, with like soil and climatic conditions, a silver country, 6 where interest rules at 10 to 12 per cent, per annum. “ No silver country is prosperous. ‘‘No silver country has a stable and firm government. “ In no silver country is general labor well paid. “No silver country has its government securities at par. “No silver country has good public school facilities.” DEBTOR CLASS. The people who own their property can hold it and cannot be forced to sell it for silver. The poor have no silver bullion to coin, and would be obliged to work for a fifty-cent dollar. But they say it is the debtor class who are to be benefited. Who are the debtor class ? It is the act¬ ive business man of the nation, who loans money on 90 days. With^free silver you would retire six hundred 4 million of gold, and thus reduce the medium of exchange 50 per cent. The active business man could not get his loans extended. The wheels of commerce and activity would stop, and labor remain idle. As we con¬ sume at home 95 per cent, of our prod¬ ucts. with the business of your country X^aralyzed and idle, to whom would your farmer sell his products ? Would not his condition be worse than now ? Is it not better to maintain our National credit and restore confidence among our own people and the world, and get our people back to work again ? Ninety-four per cent, of all manufactur¬ ers’ goods is labor. When we build a house it is labor, and if labor is not well employed it loses its purchasing power. Men cannot build homes nor buy the necessities of life, but must wear their old clothes as they have for the last three years. Labor is the wealth of the nation. If idle, we grow poor—if well employed and well paid, we grow rich. Booker Washington says: “Educate the colored Southern men and you in¬ crease their wants, and they will con¬ sume your manufactured goods.” We have free schools and educate our people. We increase their wants. They want to be men and of manhood lieve in free schools we must stand for Protection to maintain a higher standard of wages. women in the broadest sense and womanhood/ If we be- 7 VALUE OF LABOR. We have seventy million of people— full twenty-two million are laborers, as clerks, farmers, masons, carpenters and manufacturers at $1.25 per day including board. The value of labor in the United States when well employed in one year is equal to eight billions of dollars, more than all the gold and silver in the world. It must be clear to any intelligent man that prosperity in our country is well employed and well paid labor. It is not the coining of a fifty-cent dollar to de¬ base the value of labor that will help us, but restore the Tariff and get our people back to work again. CONTRACTION. There seemed to be some fear among the Western farmers that when the Re¬ publican party declared for sound money they meant to adopt President Cleve¬ land’s policy to retire the greenbacks and treasury notes, and this idea was ex¬ pressed to me by many of the delegates to the Republican convention at St. Louis, particularly by the Western dele¬ gates. The Republican platform declares that we will maintain our present silver and paper money on a parity with gold so that there shall be no contraction of our currency. We need not fear that any foreign country will dictate to us the price of gold, because with proper Pro¬ tection and reciprocity the flow of gold will be into this country. It is bond sales that take our gold out of this coun¬ try, and it is the employment of our workingmen at good wages that brings the gold into our country. BIMETALLISM. Which party is the true friend of bi¬ metallism ? What is bimetallism as the people generally understand it ? It is to have both gold and silver in circulation, to be equal in paying for labor and the exchange of our labor for products, one as good as the other. The combination of Democrats and Populists declare they are for bimetal¬ lism, they declare for free unlimited coin¬ age of the world’s silver. If our Govern¬ ment should continue to redeem silver with gold, every nation on the globe would send their silver here and get our gold. Because in the commercial mar¬ kets of the world three hundred and seventy-one and a quarter grains of silver is only worth 52 cents in gold, the world's silver would be sent here, as they would make a net profit of 48 cents on every three hundred and seventy-one and a quater grains of silver. Mexico would send its silver here by the train load. Necessarily we could not redeem silver in gold. We would be on a silver basis— gold would go out of circulation. It must be clear to every intelligent man that when the Popocrat party declare they are for bimetallism, they are trying to deceive the people. How does our Government now main¬ tain the equality of all forms of money— paper, gold and silver ? They limit the amount to be issued as a solvent man gives his notes, will only give what he is able to pay. The free silver proposition is that our Government shall by free un¬ limited coinage issue all that every one brings to them to coin. How long will the man remain solvent if he gives his notes to any one asking for them ? Our Government would be in the same con¬ dition—have to suspend all gold pay¬ ment; all they would have would be silver and all our money would be silver, and paper money would be redeemed in silver. So, you see, the Popocrat party does not stand for bimetallism, but for silver and silver alone. The Republican party by its resolu¬ tions to maintain its present silver and paper money on a parity with gold, limit¬ ing the amount of what shall be issued, in a practical way stands for bimetal¬ lism. The claim of the Popocrats that they are for bimetallism is clearly a fraud on its face. YOUNG MEN. Let me say to the young man who casts his first vote and the young man under age, who lias nothing but his hands and brains to start in life with, who has got to work for wages or a salary to acquire a small capital by self denial and econ¬ omy ; it will take a few years to acquire capital and a character to gain confidence among older men. 8 Remember that nearly every man in Chicago—or any of our large cities or country towns, started in this way. You have a great personal interest in the cam¬ paign. for what does free silver mean ? Demoralization among our people and loss of national credit. If they should succeed and enlarge our mints, and coin all the surplus silver in the world and the products of our mines, the end would be inflation and your hard earnings would be so depreciated and all kinds of prop¬ erty you wished to acquire would be so advanced that your opportunities to make a start in life would be gone. The fu¬ ture of this great Republic will depend upon your integrity and patriotism. REVOLUTION. When a Republican Government inter¬ feres with your individual rights to ac- quire property and maintain order and protect property rights, it will fall and this great free government will perish, and in the future you would live in a land held in submission by great stand¬ ing armies. The farmer, the middle classes and labor, : the producers of nat¬ ural wealth, have a vital interest in a stable, uniform medium of exchange. OPPORTUNITY. Never in the history of this world had so many young men, who started with nothing but hands and brains, such an opportunity for success as in the thirty years this Government was controlled by the Republican party. BUNCO. Can it be that the intelligent farmer and laboring man will be fooled again as in 1892, and our country kept four years longer in this condition of uncer¬ tainty-confidence among our own peo¬ ple destroyed ? I feel as if I had been to a funeral for the last three years. Men are daily beg¬ ging for employment, in a land rich in material wealth, blessed by Providence. Answer me and tell me why this should be so ? Is it not because we have ne¬ glected our political duty, and allowed our country to be controlled by principles and policies that have been in the inter¬ est of foreign countries, and have aban¬ doned the principles that gave us thirty years of the greatest prosperity known to man ? My friends, you are to decide this ques¬ tion. This is our country—are we not entitled to its blessings ? Shall we now sink our manhood because a party has been in power whose theories have para¬ lyzed our industries and destroyed the de¬ mand for farmers’ products, or shall we march forward under the banner of the great leader who stands for Protection of American Industry, Reciprocity and Honest Dollars, william mckinley. - -♦- Why the American People Should Reject Free Coinage of Silver. 1st.—It would destroy our national credit and we would be classed with the weak nations of the world. 2d.—It would keep our people in an un¬ certain state with no confidence among ourselves, business would be paralyzed and we would have four years more of hard times. 3d.—It would drive all our gold out of circulation, and when we did not re¬ deem in gold it would reduce the intrinsic value of our silver and pa¬ per money to 50 cents on the dollar, contracting our currency over one- half. 4th.—It would destroy the farmer’s home market and he would be obliged to sell his product at extremely low prices. The successful farmer makes it possible for the merchant and manufacturer and all our industries to be prosperous, giving employment to labor. Published by Republican National Committee, New York.