Newspaper Page Text
VOLUME LXXX.-NO. 9\.
PROTECTION IS THE ISSUE, Mr. Estee's Speech on the Causes of Hard Times. THEY CAME HERE WITH DEMOCRACY. . Big Opening Meeting of the Na tional League Quarters in Pioneer Hall. ENTHUSIASM WITH SPEECHES AND MUSIC Democracy Found the Country Prosperous, With Factories Running and No Trampism. It Desolated the Nation With Want and Famine. If Morris 11. Este« ever had occasion to ] feel a pang of consciousness that his ser vices to . the Republican parry had . not : been appreciated or, that the Republicans of California bad been ungrateful, the magnificent reception accorded him last night at the Auditorium should convince bin. that oilcans as well as republics j are not aivrsya Kill if Tee boose was crowded with one of the most intelligent and appreciative audi ences ever seen at a co'itical meeting any where. Several hundred people were turned away- after all tee standing room had been occupied. Oscar Lewis, iron founder, called the meeting to order and introduced Mr. Estee as "tLat distinguished Republican i whom you all snow." When Mr. Estee came forward to the front of the stage the audience rose to it& feet and greeted him with two rounds of cheers. It was a warm, spontaneous wel come to the old war horse whose colors had been seen so often in the van. . Mr. Estee made the speech of his life, ! and was frequently interrupted with put- f bursts of applause from the delighted an- I dience, as they recognized the full force of bis logic. The speech would occupy more than a full page of The Call, and the de- , mand upon the space of a Sunday morn- I ing newspaper is so great that it will be impracticable to print the speech in fulL The following synopsis will gve a fair idea of Mr. Estee' s argument. In speaking of the issuance of bonds to the extent of 1262,000,000 by the present Democratic ad ministration, Mr. Kstoe said: But what I desire to say Is. it was the free trader* like Mr. Bryan who made it necessary to issue the bond; referred to, or repediateour National obligations. >".-■ Republican f&vored the issuance of bond- or tae formineof a! "banking syndicate" (if one was fonnea), nor I did any Republican make money "by a ex change of those bonds a: an enormous "profit." If this wsa done, those who did it were Demo crats, and are mostly Bryan-Democrats to-day. In a word, the Chicago Democracy made a i HON. M. M. ESTEE. The San Francisco Call. SAX FRANCISCO, SUNDAY MORNING, AUGUST 30, 1 896— THIRTY-TWO PAGES. platform to protect the people of this country against their owe ac:s, and it was tae best thing they did. *.•-■• • They- stand *: the gates of commerce and open them wide to let foreigners into oar country to control American markets, bat they refuse to protect American labor at home. Thty hare adopted foreign revenue principles and have always i d posed protection to Ameri ca. labor and favored free trade, and now they denounce oar finaaciai syareia because they say i: is un-American. - A*J«r thrf^-ic? oat of fap^Ttsenl'cTer three millions of American laborers they de clare they are for Americas labor, but they do not provide American laborers with one day's work.'. •' ■ * • -.-•;.. All debts will be gold debts. EilTer will remain in the future, as it Is now, cheap so ions; as gold is high and to lone as the in debtedness to banks and capitalists has to be j aid In cold coin, because the demand for gold will increase and the demand tor silver will decrease. The man who works for wages and the farm ers who produce something for sale will be paid in silver money unless they, like the bankers, made contracts Dayzale in gold. If they do this i then free coinage of silver will serve no purpose, because silver will not be cs-d as money. Tais cry for free coinage of silver is thus at this time a political fake and not a financial problem. • • • Illf we had good times generally and sent no money abroad, then gold - and silver would both circulate at home, and possibly at a par ity of value. But such is Lot the case, and cannot be the case until we have protection. Then the laborers will have more to do, and the increased demand lor workers will increase the price of work. The means to - pay use workers comes from the result* of their toil, and not from the amount of silver in circula tion. Labor produces things first and money a:terward, and the price these things sell for is regulated by the demand. Protect our home marcet, aud there will be a good de mand and a good price. The things so pro duced are the wealth of the country, and when the things are sold money, as a symsol of wealth, is paid and received for them, and to secure the producer a good price, money should be both good and abundant. There never nas been a time when there was more gold and silver money in this country than within toe last four years, and yet we are poor and hard times prevail. England is the richest country in the worid, so far as mosey eanxaake that country rich, and yet, with about half our population, it has ten paupers to our one. | It is axiomatic that well paid labor makes a country rich, and it is not the amount of money in the vaults of the banks or in the pockets of a few rich men that ■hows a nation's wealth. • • • The Popuuiuc Democrats demand the free coinage of silver so that the amount of our ; metallic money will be Increased. But our answer is: The free colnaze of silver will not, unaer present conditions, result In an Increase of oar metal money, and will not afford a remedy for hard times, because we cannot in | crease the amount of our coinage money by 1 coining more saver, for when we coin more silver we will coin ;««• gold. It was officially stated by the Treasury Department, in Anri- of this year, that la*t ye*r we coined $43,933,475 in sold and $9,069,450 in silver, a. d that If our mints were devoted exclusively to the free coinage of silver we ■ would coin $15,000,000 less money every year than now, because it takes nearly, as much time to coin a silver dollar as it does to coin a twenty dollar gold piece; and therefore, we -would coin less metallic money. I Forty million dollars a y<»ar is the extent of our possible silver coinage, and « c now coin in gold and silver more than $53,000,000 a year, and so free coinage of silver will bring us less instead of more znonev, and worse in stead of better times. - I believe in the largest possible use of both gold and silver, and in the free and unlimited coinage of both metals, but I am . una.terably opposed ts either gold or silver monometallism. I believe in the . free coinage o ; boih these metals, for the reason that the mere good money we have, everything else being equal, the better we are off; and yet nor banks may be full of money and our pockets empty. Good money and good times must go together. But ah dollars must be alike ia value, and when ever the free coinage of stiver causes stiver monometallism, this will injure our country. We cannot have one dollar tor the debtor, and another for the creditor, or one dollar for the rich and another for the poor. If we do. the Tie- will b± sure to get the best dollar. There cannot be too much good money, but there ' can be too much cheap money. It will be no remedy to exchange gold monometallism fa; silver monometallism. Tnere can be no pros perity in lowering the standard of oar mosey. Money is not a vbiag one can eat or drink or wear or use for any purpose except as an ex change for things, and as a representative of : value, and ween money does not represent ! value, then it is useless. The benefits derived ; from money, like the benefits derived from ' the ■ use of anything else that mankind re- ! quires, depend on the opportunity for its use, : and ;he value of the thing used. . '•.-.: . . No man can. get money no more than be can get lan a , coles* he exchange* something else iar it; tor instance, j«o '-an take one hnadrct pounds of wheat to a man who has money and . wants wheat and he gives you a dollar for the wheat. - Bat suppose he needs the wheat; but : hasn't got the dollar? Then he must work tor ' the dollar as the other man worked to produce : toe wheat; but in order to work for the dollar he must have an opportunity to work, and he ' cannot have an opportunity to earn a dollar i unless there Is something to dc. and there will not be something to do unless some man j can make something by hiring this man who wants to earn a dollar. Then it is the produc- ! tion of things that makes money and causes a country to De prosperous— the more things the ! people produce the more wealth they accumu late. The making of money follows the pro duction of things; for a people to prosper they | must- produce a great deal, and the laws that ! most encourage such prodoeßcns are the laws j that most Decent the people and create the j most wealth. We must have protection first, and more money will come afterward, and thus protec tion is the safest and sure-*; mean 5 of securing prosperity to the Americairpeaple. A protec tive tariff i* a Nations'. necessity. We cannot afford to trade off protection even for bimetallism. It goes without saying that the real strength of the Bryan Democracy is in the Solid South. The reasoa why the Solid Sooth is for free trade and free silver is evident. The cottoa proJucing portions of the South : are for free silver and tree trade and wildly for Bryan,.be cause they supply the world with cotton and their chief market is England. They are paid in gold. They want cheap silver money at home to they can pay their labor with aSO-cect dollar and thus make a profit off the labor that pro duces the crop; and they want free trade be cause as they buy the most of the articles they consume they wish to buy from caeap-labor countries and thus punish "the manufacturers of the North in their country. In a word, they will sell what they produce ; i for gold, pay their labor in silver, ruin the American mechanic by building up foreign in- ' dustries and destroying our own and by, pat ronizing foreign cheap labor and introduce into American politics the results of a peonage ! worse than the old-time slavery. The South- ' crn Democracy never was friendly to Ameri can labor. No man can truthfully deny that we had ; good times under protection without free sil- ' ver and we will have good times again if we ! have protection. We want our wool and our ' fruits and our raisins and all the product* of MI farms well protected against foreign Com- j petition and then California will be a pros perous state. Take prunes; it costs the Cali fornia producer a cent a .pound -to transport them to a New York market, while it costs the i French predecer but » quarter of a cent a; i pound to transport his prunes to the same : market. The French laborer gets from 30 to i 35 cents a day- for his labor; the American laborer gets $1 a day. By reason of American ' competition the price of prunes in the New, j York market has been lowered 100 per cent in ten years. Without protection w e cannot compete with France. It was a mistake to cut ' down the tariff on prunes or on «ny other ! product of the farm. Protection is the founda- ; tion upon which all American prosperity rests, because American labor must be savored by American law or it wiir be of tbe same value a? toreign labor arid our people cannot I live on foreign prices for American labor. - ; . , la . this connection it is a matt , instructive ' ; fact that there is sosllvermoat-mesallic coun try where labor Is well paid. Look at Mexico, Coloiabia and other silver States on this con tinent, and then look at China, Japan, India and Russia, which are silver countries- The I price of : labor in every one of these countries ' is from 100 to 500 per cent below that in the ' United States. There is no enterprise, no re wards for labor. The/ never see . gold.: Tney have no conception of bimetallism. But Mr. Bryan tells us that American ingenuity is a ; protection I against the I competition of cheap : labor." We tried this with the Chinese, but our ■ ingenuity was no match for -their -cheap brawn aad muscle, and ■ . we prohibited their ' coming, just as we vi.l have to prohibit : foreign c&eap money from coming ; here. * The ; United States is in no ser.se a chea > country. ■ This i* a new and an expensive civhlxition. - -- So long as England dictates our tariff aws ! the will easily control ocr financial policy and dictate .the prices ; charged - for w hat we buy I abroad and what, we sell abroad. Sue con- : trols the . money : of the : world, but she , cannot control the resources i f the worid. and ! so there is an irrepressiole conflict between the ' two great English-awaking peoples— Er gland j and America. '. Both countries are seeking in- [ dustrial supremacy. "England imports nearly all her breadstuff*, all her cotton, most of Her fruit and meats and wool, and all of her. sugar, wines, brandies," teas and coffee. : And England must pay tor them Id eitier money ; or tilings.' If we have a protective tariff ess of her things and more of her money will come here. She tries »o control the I prices of these : articles. She does this in two ways: i First — By dicutin,' the revenue laws of the country she bu of, and ''■^*38Sb8B&®&IBU£ ~i Second— By controlling ■ the , monetary sys- , terns of the world. '' r " _, • '< - Beinr a creditor nation she adopts the famil iar practice of causing hard times "among, the 1 borrowers of money and the tellers of products, i Republican Mass-Meeting in the Aiafctorium, Where Hon, M. M. Estee Spoke on the Subject of ** Protection and Free Gwnagfe." and America is both a borrower of money and j a seller of products. . And so a protective tariff ; will a^aae save us from her dominating influ- I ence. Give us protection- and we will -control American niari^:- ;gt both rsouey and things. G v° us jsr oto^tie^ f J 1 ■ good ! time* aad t c a « America wfil~- be "tiiiv'Ut * adoDt', sensible financial or revenue system of cor own. ■ ■ ■ Hard times are a. ways perilous times in a j Republic, and oft ■■: iaspiie revolution." It is a [ fact tAat th» clouds gather' '.hick ana<dark ; over our country whenever there is , a Demo cratic administration in power, because that | means hard times. Do I overstate tire facts? James Buchanan, whea he was President, in i a message sent to Congress, said: • "In the midst of unsurpassed plenty, we find j our manufactures suspended, our public works retarded, our private enterprises. abandoned, j and thousands of. useful laborers thrown out 61 employment and reduced to' want. Under | th>-9e conaitions a toan may be required." A loan was then required. Revolution and secession followed. Toe free coinage of silver was not an issue. ' We then enjoyed the fall benefit of the free coinage of silver and of free tra :e. " You see the result of tree trade. - ' The single and only question now is, What is the . remedy for present conditions? We say i elect McKialey. --The people : do not wish to 'i get well of this disease and I then die o: the ' remedy. How can we hope to find a remedy j in repeating the dose that has ma the Nation ! sick? Will an appeal to such men as Altge'.d and Tillmaa aDd to the c/iminal element j afford relief? Can they start, up one factory ! or give employment to on? American laborer? Do they propose any rational relief for present condilio sT Is "he financial honor of the Nation to be left in such hanSs? Is •it wise to trust the party which alone Is" responsible for The Throng That Gathered at Pioneer Hafl Where the Republican National League Held Its Hottsewanning. the present state or affairs with further politi cal power; and accept as l*tr new promises of future good tioes^ The -&t 'publican party is the party of protection; and without protection there fan be no prosperity aad there cap be no peoaperitv without credit and no credit with out honesty. ■ > ■:• ".-. v. .■■-■,-.■-. '~ - v;- ■: . ■..-.- ■ Tiie great aim should, be to give labor a bet tearchance, .*<■;/■£—^ •■*_>,■..., .^ t - . -. ■.;.. ■■ •_..■,„•;., rlt oas always been the policy of the Ameri can people to dignify labor, and this is so be cause under our free institutions labor is oar only capital, and because the worker of to-day may be the statesman or capitalist of to-mor row; we have no privileged class. All Ameri cans are workers. Oar laws have to be made to at . the independent and -intelligent ■ man hood of the American people. American labor has to be I better | paid than th» labor of any other country, ;and this cannot be done unless labor is • protected, ■ and yon cannot protect labor unless you protect what labor produces. Why should we put a roof on our own house to keep the ■ rain off others ■ while- we stand out in the storm? - ■ ' • Every year makes protection more and more a necessity. In recent . times ' foreign - trans portation bis become so cheap that our home market* and our home labor can only com pete with the cheap labor . and the cheap-labor countries of the world, by the imposition of larger import duties on a.'l foreign . articles bronsnt here tor sale, because they can be brought here so cheaply. : All over the world every producer is looking for a market for his prodcets. Every human being is looking for tome: hirre to do. and be is crowding and jostling his - neighbor in pursuit Continued on Second Peas. THOUSANDS CHEER McKINLEY Republican Throngs Rally at. Los Angeles and Pasadena. OVERFLOW MEETINGS OF ENTHUSIASTS. Voters Applaud the Speakers and the Oakland Alliance Marching Club. FOR PROTECTION AND SOUND MONEY. Eloquent Addresses by Hon. Samuel M. Shortridge, District Attorney Barnes, Ex-Mayor Davis of Oakland and Other Califor nia Orators, Los Axgtjjs Office of The Call, ) 323 South Broadway, f •Los Axgei.es, Cal., An?. 29 ) - Pasadena and Lbs Angeles entertained ' the Oakland ; 'Alliance ana its invited guests in royal style to-day, receiving the visitors with great spirit and cheering the sentiments of the orators at Pasadena in the afternoon ' and in ~ the great pavilion . here V at night. ■ Hazard's parihon was taxed to. its fall capacity, and Pasadena reminded one of the old-fashioned • circus ' days when the multitudes turned out, or '■■ of the times of ' Clay, Webster and -" Cal houn when barbecues were the rage. ■ There were fu11y. 350 people on the plat i form at the Los Angeles meeting, and the audience - consisted of . Republican dele gate? from all sections >of the ' county, as i well as of prominent citizens of Los An i geles. It is the general verdict that there ! has never been such a meeting as that of 1 to-night in the 'history of the county, and the belief is quite common .that Los An geles is likely to remain the banner ; county of the State in its ability to roll up pleasing Republican majorities. Every ; feature of the ceremonies showed that the • people are moved by genuine enthusiasm. "Protection and prosperity" is the bat tle-cry and one can readily tell from the way the masses discuss the situation that they want a dollar worth 100 cents, as : well as a condition of industrial affairs PRICE FIVE CENTS. that will rive the workingmen of the country employment. The special tram was mcl thirty miles from Los Angeles by President Franc P. Flint of the McKinley Club and Delegate Kirkland, who were the committee of re ception. They bore to the Alliance the good will of thousands of Los Angeles Republicans and tbe friendly zreeting* of the McKinley Club in particular. The day's programme in Los Angeles began ear! y. Members of the McKinley Club, anxious to cemect the union be tween north and sooth, met at their ciub rooms at 8 a. m. and made arrangements to receive their guests. It should be borne in mind that there was no attempt to get up a noisy street hurrah in the afternoon or at night, the chief street feature being the splendid evolutions of the Alliance. The great event was the monster meeting. Republican ciuas from all parts of tbe coanty were present, among them delega tions from Pasadena, North Pasadena, Compton, Pomona, Riverside, Monrovia, Santa Monica, Lordsburg, Wilmington. Covina, Azasa and other points. The city dabs were all on hand in full force. Tbe McKinley Club, the Young Men's Repub lican Leakue. the McKmiey Club of the Golden West, the First Voters' Sound Money Club, the German-American Mc- Kinley Club, the Soldiers' and Sailors' League and the McKinley clubs of the SEW TO-DAY. . THE PRSa. 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Sewed -with the best threads. Finished in the best style. ETE2Y 6AEMEST : GDABAHIEEB. FOB SALE EVERYWHERE. C C IM for a picture of anr ■ Factory, •wo 11111 mail one to you free • of charge. WE EMPLOY OVER 500 GIRLS. AMES: LEVI STRAUSS & CO. SAN Francisco, CALIFORNIA. t. '■ ' '" . .-■.'"■.*»■'■■■•■