must save the American market for the American mechanic. (Great applause.) That is good sense. And even if we have to pay more for it here, it is better. I have said a hundred tinies: Suppose you can buy a ton of steel rails in England for $20 in gold, and you buy it. How does the account stand? You have a ton of steel rails and Great Britain has $20 of our gold. Suppose you buy the ton of steel rails here, and give $20 in gold. Then how does the account stand? The United States has got the gold and the rails, too-both here, under our flag." (Applause.) That is the reason I am for it.

And do you know what is the matter with the country today? We want more business. Talk about charity? Business is the finest charity ever conceived of. Business that feeds the hungry, that clothes the naked; business that wipes the tears from widows' eyes and orphans' cheeks; business that puts dimples of joy in the cheeks of sorrow; business that puts a roof above the heads of the homeless; business that fills the world with art and song, with commerce, the land with happy homes.

WANT BUSINESS, NOT CHARITY.

What we want is not charity; we do not want Populistic philanthropy. We don't want fiat philosophy, and we don't want any silver swindles. We want business. That is what we want. (Applause.) Wind and water are our servants. Let them work. Lightning and steam are our slaves. Let them toil. Start the fires and let

labor with its countless hands have work, and where

there is work there is no want.

That is what I want. I

want protection and prosperity. (Applause.) I want good sense and business.

Do not deceive us with debased coin. Give us good money the life-blood of business—and let it flow freely through the veins and arteries of commerce. That is what we want-business. We won't have it unless we have confidence in the future, and no sensible man in the United States will have any confidence in the administration to be governed by the new Democracy. (Applause.)

We want credit. Credit is based on confidence, and when we have good times, you know, everybody nearly has credit. Every man's mouth is a mint that issues dollars. When a good fellow with a good job goes to the grocer and says, "Give me $5 worth of sugar and $5 worth of coffee, and charge it," he has added $10 to the currency of the United States. (Applause.) He has inflated the money; and when another buys a horse and gives his note for $100 he has inflated the money. Afterward, when times get hard and they won't credit, then they say money is scarce. There is just as much money as there was before. Credit is scarce. That is the trouble. Confidence is gone, and yet they are going to give prosperity at 16 to 1. (Applause.) What does that mean ? That will mean sixteen men for one dollar(Laughter)—sixteen men hunting one job. That is what it will mean. And of the sixteen men, fifteen failuresbankrupts.

GOVERNMENT BY LAW.

And now what is the next question? Is this a government of law? If we can not make money by law, can

we keep peace by law? That is the question. Is this a government of the people? Can the people make laws that the people are bound to obey? Shall we be bound by the decision of the highest tribunal, or shall we depend upon the mob? That is the question.

I hate the mob spirit. Civilized men obey the law. Civilized men believe in order. Civilized men believe that a man that makes property by industry and economy has the right to keep it. (Applause.) Civilized men believe that that man has the right to use it as he desires, and that they will judge of his character by the manner in which he uses it. If he endeavors to assist his fellow-men he will have the respect and admiration of his fellow-men. But we want a government of law. We do not want labor questions settled by violence and blood.

I want to civilize the capitalist so that he will be willing to give what labor is worth. I want to educate the working man so he will be willing to receive what labor is worth. I want to civilize them both to that degree that they can settle all their disputes in the high court of

reason.

But when you tell me that they can stop the commerce of the Nation, then you preach the gospel of bludgeon, the gospel of torch and gun. I do not believe in that religion. I believe in a religion of kindness, reason and law. The law is the supreme will of the supreme people, and we must obey it, or we go back to savagery and black night. (Applause.)

I stand by the courts.

I stand by the President, who endeavors to preserve the peace. (Applause and cries of Good!") I am against mobs. I am against lynchings.

(Applause.) And I believe it is the duty of the Federal Government to protect all its citizens, at home and abroad. I want a government powerful enough to say to the Governor of any State where they are murdering American citizens without process of law: "Stop the shedding of blood of American citizens. If you can not

stop it, we can." (Great applause.)

I believe in a government that will protect the lowest, the poorest and weakest as promptly as the mightiest and strongest. (Applause.) That is my government. This old doctrine of State sovereignty perished in the flames of the civil war, and I tell you tonight that that infamous lie was surrendered to Grant with Lee's sword at Appomattox.

(Applause.)

WORK OF THE BONDHOLDERS.

Then there is another thing. The candidate for the Presidency is trying to poison the poor against the rich simply because they are rich. He hates bondholders. Who are the bondholders? Bondholders of the government, bondholders of the railroad companies.

And who are the bondholders of the railroad companies? They are the men that advanced every dollar to build every mile of railroad in the United States. They are the men who paid every man that cast a shovelful of dirt. They are the men who paid every man that cut down a tie in the forest, and paid every man that dug the ore, paid every man that melted it in the works and cast it into form. They are the bondholders-a set of wretches. (Laughter.)

Who are the bondholders of the government?

ing the war we sold our bonds. People who believed that the North would triumph bought those bonds, and every man that bought a bond added to the credit of the Great Republic. (Applause.)

Very few men own them now who bought them then. They have been bought many

times since, and all who own them now paid about $1.20. (Laughter and applause.) And what did they pay it in? They paid it in gold-every dollar.

And let me tell you now, every cent that has been borrowed in the United States since 1873 has been borrowed in gold, and it is no great hardship to

PROSPERITY.

pay it back in the money that you borrowed.

If they say that money has increased so in value, then the fellow who borrowed it should have kept it and made himself rich.

Would he like to be rich?
Would he like to have a

Mr. Bryan hates the rich. Mr. Bryan hates bondholders. million in bonds? Mr. Bryan hates the successful. Has he an ambition to be a failure? (Laughter.) If he has, let him wait until the 4th of November, and he will be satisfied.

Why should we hate the rich? good, and some poor men are mean. good, and some rich men are mean.

Some rich men are
Some poor men are
You can not like a