President McKinley has just given his first public utterance since the election in a speech at an anniversary celebration at Philadelphia. Of the election and its results he says:
"Wo cannot overestimate the great importance and the far-reaching consequences of the electoral contest which ended on the 6th of November. It has to mo no: personal phase. It is not the triumph of an individual, nor altogether of a party, but.an emphatic declaration by the people of what they believe and would have maintained in government.
"A great variety of subjects was presented and discussed in the progress of the campaign. We may differ as to the extent of the influence of the several issues involved, but we are all agreed as to certain things which it settled.
"Tt records the unquestioned endorsement of the gold standard, industrial independence, broader markets, commercial expansion, reciprocal trade, the open door in China, the inviolability of public faith, the independence and authority of the judiciary, and peace and beneficent government under American sovereignty in the Philippines.
"American credit remains unimpaired, the American name unimpeached, the honour of American arms unsullied and the obligations of a righteous war and treaty of peace unrepudiated."
DEMOCRATIC REORGANISATION, So crushing was the defeat of Bryan, the Democratic candidate, on November 6th, that a proposition for the reorganisation of the Democratic party is receiving much attention from present and past party leaders. The proposition conternplates the elimination of the radicals and demagogic leaders who have given the party its reputation as "unsafe and revolutionary." Such men are Bryan, Altgeld, Pettigrew, Tillman, Croker, and George Fred Willidms. The men' who
Text read from the printed page and cleaned; old type leaves the occasional error.