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Show FOSTER OX SILVER. The Secretary of the Treasury Makes His First Speech in the Ohio Campaign. FiXDL.VY, O., Oct. 23. Secretary of the Treasury Foster made his first speech for the republicans in the Ohio campaign at the wigwam in this city last night. About 0000 people listened to the speech and frequently interrupted the secretary with vociferous cheering. The secretary devoted some time to the i democratic gerrymanders in various states and particularly their scheme newly introduced intro-duced in Michigan to elect presidential i electors by congressional districts. If successful suc-cessful iu Iowa, Ohio and New York this fall, they will introduce the same plan in those, states that give a republican majority. Two-thirds of the electors would be democrats. Thus the solid south and Tammany Hall, although largely in the minority, mi-nority, would rule the. country und'-r the forms of law. How long could free institutions institu-tions endure this? The secretary devoted much attention to the free and unlimited coinage of silver. His investigation led him to believe that there is in European countries more than $200,000,000 ol silver, to say nothing of the hoards in Mexico and South America that would come to this country the moment we are ready to pay $1.20 per ounce for it. We could "not maintain ourselves against tuch an enormous enor-mous strain and would soon be placed by tha side of Mexico and the Asiatic countries with a currency fluctuating in value and w ith an ever-increasing dow uward tendency. Let no one delude himself into the belief that the world would not deluge us w ith j stiver. " j The secretary said the republican party has. in his opinion, gone as tar as prudence will permit in thematterof silver legislation. He has made in a quiet way a careful investigation inves-tigation of the feeling of foreign countries upon the subject of an international agreement agree-ment between them and our country, by which gold and 6ilver upon some acceptable basis can be maintained at parity. "1 have little hesitancy in baying,"' he added, Til2t-4it- -Sur . tha- exiJi;---"it;nn' abroad that public .'sentiineut in this cijj)fat't7i'.('l . as to compel at least a better us of silver if not an international agreement. The success suc-cess of the democratic party in Ohio this fall means that unlimited free coinage will be the platform of thit puaty iu lb02. and democratic success in the nation means that this country must go cu a silver bais. Let us continue to pursue the republican policy of conservatism. Let us convince Europe thnt we are not going on a silver standard, and my word for it, when Europe is convinced con-vinced that w e wiil not adopt the policy of free and unlimited coinage, or, in other words, that we will not place ourselves upon a silver sil-ver basis, we will be able to come to some agreement for a better u-e of silver, if not at once to come to an international agreement by which the parity of the two metals upon an agreemeut rate may be maintained." Turning to the condition of the treasury, the secretary spoke of the stor es of the "critics" on the other side during the past year, about their assertions that various payments pay-ments could not be met, how- the converting of boncli was a sign of bankruptcy, etc., and how their assertions had been refuted by the conversion of the bonds. "We have illustrated illus-trated that this country enjoys the highest credit of any nation on the earth. We prevented pre-vented the withdrawal of f:.3,0!,(i00 of national na-tional bank notes. In fact we added nearly $5,000,000 of these notes to the currency. We have taken and w ill take 25.000,000 of money out of the treasurv to pay the non-extended bonds which, added to' about $21O,0OO.(KK) paid out for bonds by my predecessor, Mr. Windcm, makes the enormous total about 4200,000,000 paid out of the treasury in cash since the administration of President llarri- son oegan. With this money and there has been and will be canceled over $250,000,000 of the bonded debt, and, not withstanding all this, we still have left a sufficient sum to disarm all fears of an empty treasury. It has been falsely charged tnat I instructed my subordinates sub-ordinates to delay settlements, and iu every conceivable planner avoid the payment of money out of the treasury. So anxious are they to convince the country of the extravagancy ex-travagancy of the 'bullion of congress.' No suclt older was given, and my subordinates will so testify. "By attention to the needs of the country, we have also been able to furnish the w est and south with small bills at cheap rates at the full extent of their wants, and in quantity perhaps double the amount ever before sent. The secretary spoke of the "unique system of bookkeeping" made use of by the democrats demo-crats when they had control of the treasury, by which the treasury was shown to possess u much loss sum of money than it had. This method was changed to a system that is perfectly per-fectly fair and Intelligible. Vet criticschargc me with the juggling of figures. If the democrats could convince the people peo-ple that they are on the verge of bankruptcy; bank-ruptcy; that new industries like tin plate, cannot be made a success in this country, and that the treasury is bankrupt, they would be iu a heaven of delight. The re-puMiean re-puMiean party practices the doctrine of hope, and not of calamity and despair. It does not delight in the unpatriotic occupation occupa-tion of deriding the capabilities of our people, peo-ple, or of falsifying the facts iu regard to the financial condition of the treasury. In conclusion. Secretary Foster eulogized the. administration of President Harrison, and expressed confidence in. the election of Major Ma-jor McKinley. . |