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so permanent a place in the library and great school of the home.

The problems amplified are those of President Making, Parties, Free Trade, Protection, Silver and Gold, Tariff Legislation, Reciprocity, Monroe Doctrine, Cuban Relations-all vital and urgent. They are introduced with a horoscope of the campaign, interspersed with frequent portraits of eminent statesmen and political leaders of all parties, together with their biographies, and supplemented with lives of the presidential candidates.

The publishers have greatly helped the purpose of the author to provide a plain, impartial educational work of a political kind for legislators, public speakers and voters, by gracing it with so many beautiful illustrations, so clear and readable a type and such unsurpassed excellence and beauty of paper and binding.

CONTENTS.

I.

POLITICAL LINES OF 1896.

Trend of Political Sentiment-Earnestness of Voters-Solemnity of
the Issues-Their Nearness to the Masses-Homes and Pockets
Touched-Impotence of Mere Politicians-Sound Doctrines in
Demand-Issues Make the Leaders-A Hard-working Cam-
paign-Printing Press and Club Room-The Issue of Tariff-
The Tariff Situation-View of Past Measures-Tariff Reform-
The Wilson Bill-Trial in the Courts of Public Opinion-Finan-
cial Depression-A Square Test Required-Results of Recent
Elections-Revolution of Parties-Silver and Gold Problem—
Rapid Growth of Silver Sentiment-Effect on Parties-A Battle
Royal Anticipated-The Populist Attitude-Place of the Gold
Men-Silver Legislation-Effects of Congressional Action—
Great Importance of the National Election to Parties and the
Country-The Currency Problem-Bond Issues-General Con-
ditions of Finance-Annual Deficits-What Results are Ex-
pected

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II.

PRESIDENT MAKING SINCE 1788.

Electoral Votes by States in 1892, 1888 and 1884-Popular Votes-
Electoral College in all Presidential Years-Candidates and
Parties-Disputed Elections-Effect of the Twelfth Amend-
ment-Votes for Each Candidate-The Popular Vote-When
the Popular Vote Began to be Counted-As Cast for Each Can-
didate-Valuable and Interesting Data.

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31

III.

PARTIES PAST AND PRESENT.

Use of Political Parties-Necessary in a Republic-Views Respect-
ing Them—Fanciful Party Names-Origin of Whig, Tory, Lo-
cofoco, Etc.-Colonial Parties-Parties of the Revolution-Par-
ties of the Confederation-Extinction of Whig and Tory Titles
-Rise of Federalism-Principles of Federalism-Rise of the
Old Republican Party-Its Leaders and Principles-Fall of the
Federal Party-Triumph of the Republican Party-Its Division
and Fall-How the Whig Party Rose-Rise of Democratic Party
-Principles and Leaders of Each-Impress on Legislation-De-
cline of Whig Party-Its Legacy to the Nation-Slavery and
Political Parties-Democratic Divisions-Free-soil Party—Rise
of the New Republican Party-Its Principles, Leaders and
Strength-Rise and Fall of Know-nothing Party-Its place
in History-The Greenback Party-Revival of Democracy—
Growth of Prohibition Party-Rise of Populism—The People's
Party-Free Silver Party-Labor and Other Parties . .

IV.

PRINCIPLES OF FREE TRADE.

Definition of Free Trade-Principle of a Tariff-Early Free Traders
-Tariff for Revenue-Tariff Reform-Politics Confuses Terms
-The English Idea-Old and New Theories-Law as to Capital
-As to Labor-Productiveness and Labor-Increased Price-
Doctrine of "Laissez Faire "-Protection Iniquitous-Class
Taxation-Diminished Labor-Wrong of the Custom House-
Division of Labor-Aggregate of Labor-Diversified Industry-
Produce for Produce-Value of Free Competition-Facility of
Exchanges-Diminution of Labor-Capital and Employment-
Independence of Foreigners-Free Trade in Politics-Tariff a
Tax-Monopolies and Trusts-Views of Gladstone and Patrick
Henry-Protection Invokes Wars-England Repudiated Her
Own Protection Laws-Reaches Free Trade-Views of Wells,
Taussig, Robert Peel, Jackson, Rowan, Dallas-Protection
Leads to Smuggling-Comparison of Free Trade and Protection
Eras-Views of Buchanan, Lloyd, Garfield-Smith-Free Trade
Era of 1850 to 1860 one of Prosperity-General Principles. . .

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85

V.

PRINCIPLES OF PROTECTION.

Principle not in Doubt-Practiced by all Nations-Necessary to
Commercial Supremacy-For Industrial and Manufacturing In-
dependence Protection Unites Art and Nature-Protective and
Revenue Tariffs-Revenue Duties Fall on Necessaries-Protect-
ive Duties Fall on Competitive Articles—Rate and Adjustment
of Protective Duties-Prohibitory Rates-Essence of Labor in
Products-Per Cent. of Labor—Application of Protection to
Labor-Effect of Protection on Labor-Protection Does not In-
crease Cost to Consumer-Competition Regulates Cost-Encour-
agement to Capital-To Invention-More and Better Goods-
Tariff for Protection not a Tax-Producers Pay the Duty-Sen-
timent in Bradford-Opinions of List, Smith, Mill-Advantage
of Protection to Agricultural Communities-"The American
System "Opinions of Washington, Madison, Jefferson, Taus-
sig-American Conditions-European Conditions-Protection
Cures Monopoly-Gives Competing Power Abroad-Revenue
Tariff a Tax-Doctrine of Natural Right-Duty of Development
-Use of Natural Gifts-Our Own Economics-Absolute Cheap-
ness not Desirable-Protection Does not Tend to Overproduc-
tion-Protection Since 1861-Carey's Deductions-Uses to
Farmers-Free "Raw Material "-Protection not for Privileged
Classes-Does not Contribute to Great Fortunes-Nor to Trusts
-Tends to Fairer Profits-Our Material Growth ..

107

VI.

SILVER AND GOLD.

Importance of the Question, "What is Money?"-Kinds of Money-
Money Values-Money Systems-American Coinage-First Coin-
age Act-Gold and Silver Values-Reasons for a Change-Coin-
age Act of 1834-Mistaken Ratios-Silver Monometalized-
"Gresham's Law"-" Mint Act" of 1837-Coinage Act of 1849
-Effects of the Discovery of Gold-Alarm of the Commercial
World-Our "Legal Tender Acts"-Resumption of the Coin-
age Act of 1873-Silver Demonetized-The "Trade Dollar" of
1876-Extent of Coinage to 1878-Coinage Act of 1878-Free

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Born at Portland, Maine, October 18, 1839; graduated at Bowdoin, 1860; studied law and admitted to bar; Assistant Paymaster in Navy, 1864-65; member of State House of Representatives, 1868-69, and of Senate, 1870; Attorney General of Maine, 1870-72; Solicitor of Portland, 1874-77; elected, as a Republican, to 45th, 46th, 47th, 48th, 49th, 50th, 51st, 52d, 53d and 54th Congresses; elected and presided as Speaker of House in 51st Congress; an able and efficient parliamentarian; his decision as to actual presence and constructive absence in counting a quorum was sustained by the U. S. Supreme Court; a writer and speaker of originality and force; elected Speaker of House in 54th Congress; prominent candidate for Presidential nominee in 1896.

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