They paid the money that threw up the road-bed, that shoveled the gravel; they paid the men that turned the ore into steel and put it in form for use; they paid the men that cut down the trees and made the ties, that manufactured the locomotives and the cars. That is what they did. No wonder that a presidential failure hates them.

So this man hates bankers. Now, what is a banker? Here is a little town of five thousand people, and some of them have a little money. They do not want to keep it in the house because some Bryan man might find it; I mean if it were silver. So one citizen buys a safe and rents a room and tells all the people, "You deposit the overplus with me to hold it subject to your order upon your orders signed as checks;" and so they do, and in a little while he finds that he has on hand continually about one hundred thousand dollars more than is called for, and thereupon he loans it to the fellow who started the livery stable and to the chap that opened the grocery and to the fellow with the store, and he makes this idle money work for the good and prosperity of that town. And that is all he does. And these bankers now, if Mr. Bryan becomes President, can pay the depositors in fifty cent dollars; and yet they are such rascally wretches that they say, "We prefer to pay back gold." You can see how mean they are.

Mr. Bryan hates the rich. Would he like to be rich? He hates the bondholders. Would he like to have a million? He hates the successful man. Does he want to be a failure? If he does, let him wait until the third day of November. We want honest money because we are honest people; and there never was any real prosperity for a nation or an individual without honesty, without integrity, and it is our duty to preserve the reputation of the great Republic.

Better be an honest bankrupt than a rich thief. Poverty can hold in its hand the jewel, honor—a jewel that outshines all other gems. A thousand times better be poor and noble than rich and fraudulent.

Then there is another question—the question of the tariff. I admit that there are a great many arguments in favor of free trade, but I assert that all the facts are the other way. I want American people as far as possible to manufacture everything that Americans use.

The more industries we have the more we will develop the American brain, and the best crop you can raise in every country is a crop of good men and good women—of intelligent people. And another thing, I want to keep this market for ourselves. A nation that sells raw material will grow ignorant and poor; a nation that manufactures will grow intelligent and rich. It only takes muscle to dig ore. It takes mind to manufacture a locomotive, and only that labor is profitable that is mixed with thought. Muscle must be in partnership with brain. I am in favor of keeping this market for ourselves, and yet some people say: "Give us the market of the world." Well, why don't you take it? There is no export duty on anything. You can get things out of this country cheaper than from any other country in the world. Iron is as cheap here in the ground, so are coal and stone, as any place on earth. The timber is as cheap in the forest. Why don't you make things and sell them in Central Africa, in China and Japan? Why don't you do it? I will tell you why. It is because labor is too high; that is all. Almost the entire value is labor. You make a ton of steel rails worth twenty-five dollars; the ore in the ground is worth only a few cents, the coal in the earth only a few cents, the lime in the cliff only a few cents—altogether not one dollar and fifty cents; but the ton is worth twenty-five dollars; twenty-three dollars and fifty cents labor! That is the trouble. The steamship is worth five hundred thousand dollars, but the raw material is not worth ten thousand dollars. The rest is labor. Why is labor higher here than in Europe? Protection. And why do these gentlemen ask for the trade of the world? Why do they ask for free trade? Because they want cheaper labor. That is all; cheaper labor. The markets of the world! We want our own markets. I would rather have the market of Illinois than all of China with her four hundred millions. I would rather have the market of one good county in New York than all of Mexico. What do they want in Mexico? A little red calico, a few sombreros and some spurs. They make their own liquor and they live on red pepper and beans. What do you want of their markets? We want to keep our own. In other words, we want to pursue the policy that has given us prosperity in the past. We tried a little bit of free trade in 1892 when we were all prosperous. I said then: "If Grover Cleveland is elected it will cost the people five hundred million dollars." I am no prophet, nor the son of a prophet, nor a profitable son, but I placed the figure too low. His election has cost a thousand million dollars. There is an old song, "You Put the Wrong Man off at Buffalo;" we took the wrong man on at Buffalo. We tried just a little of it, not much. We tried the Wilson bill—a bill, according to Mr. Cleveland, born of perfidy and dishonor—a bill that he was not quite foolish enough to sign and not brave enough to veto. We tried it and we are tired of it, and if experience is a teacher the American people know a little more than they did. We want to do our own work, and we want to mingle our thought with our labor. We are the most inventive of all the peoples. We sustain the same relation to invention that the ancient Greeks did to sculpture. We want to develop the brain; we want to cultivate the imagination, and we want to cover our land with happy homes. A thing is worth sometimes the thought that is in it, sometimes the genius. Here is a man buys a little piece of linen for twenty-five cents, he buys a few paints for fifteen cents, and a few brushes, and he paints a picture; just a little one; a picture, maybe, of a cottage with a dear old woman, white hair, serene forehead and satisfied eyes; at the corner a few hollyhocks in bloom—may be a tree in blossom, and as you listen you seem to hear the songs of birds—the hum of bees, and your childhood all comes back to you as you look. You feel the dewy grass beneath your bare feet once again, and you go back in your mind until the dear old woman on the porch is once more young and fair. There is a soul there. Genius has done its work. And the little picture is worth five, ten, may be fifty thousand dollars. All the result of labor and genius.

And another thing we want is to produce great men and great women here in our own country; then again we want business. Talk about charity, talk about the few dollars that fall unconsciously from the hand of wealth, talk about your poorhouses and your sewing societies and your poor little efforts in the missionary line in the worst part of your town! Ah, there is no charity like business. Business gives work to labor's countless hands; business wipes the tears from the eyes of widows and orphans; business dimples with joy the cheek of sorrow; business puts a roof above the heads of the homeless; business covers the land with happy homes.

We do not want any populistic philanthropy. We want no fiat philosophy. We want no silver swindles. We want business. Wind and wave are our servants; let them work. Steam and electricity are our slaves; let them toil. Let all the wheels whirl; let all the shuttles fly. Fill the air with the echoes of hammer and saw. Fill the furnace with flame; the moulds with liquid iron. Let them glow.

Build homes and palaces of trade. Plow the fields, reap the waving grain. Create all things that man can use. Business will feed the hungry, clothe the naked, educate the ignorant, enrich the world with art—fill the air with song. Give us Protection and Prosperity. Do not cheat us with free trade dreams. Do not deceive us with debased coin. Give us good money—the life blood of business—and let it flow through the veins and arteries of commerce.

And let me tell you to-night the smoke arising from the factories' great plants forms the only cloud on which has ever been seen the glittering bow of American promise. We want work, and I tell you to-night that my sympathies are with the men who work, with the women who weep. I know that labor is the Atlas on whose shoulders rests the great superstructure of civilization and the great dome of science adorned with all there is of art. Labor is the great oak, labor is the great column, and labor, with its deft and cunning hands, has created the countless things of art and beauty. I want to see labor paid. I want to see capital civilized until it will be willing to give labor its share, and I want labor intelligent enough to settle all these questions in the high court of reason. And let me tell the workingman to-night: You will never help your self by destroying your employer. You have work to sell. Somebody has to buy it, if it is bought, and somebody has to buy it that has the money. Who is going to manufacture something that will not sell. Nobody is going into the manufacturing business through philanthropy, and unless your employer makes a profit, the mill will be shut down and you will be out of work. The interest of the employer and the employed should be one. Whenever the employers of the continent are successful, then the workingman is better paid, and you know it. I have some hope in the future for the workingman. I know what it is to work. I do not think my natural disposition runs in that direction, but I know what it is to work, and I have worked with all my might at one dollar and a half a week. I did the work of a man for fifty cents a day, and I was not sorry for it. In the horizon of my future burned and gleamed the perpetual star of hope. I said to myself: I live in a free country, and I have a chance; I live in a free country, and I have as much liberty as any other man beneath the flag, and I have enjoyed it.