Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-22
GOTHAM GOSSIP.

Carl Schurz ON the Tariff.-His Advice to the
Democrat c Party-JefYerson on the First
River and Harbor Bill-What Became Of
the Campaign Funds.
Especial Telegram to the Globe
New YORK, Nov. 21.-Carl Schurz says:
1T looks as if there was going to be some
closing down of works, and dismissal of
large bodies of skilled laborers, this win
ter, to prevent congressional interference
with the tariff. It wonld, in fact, apparent
ly be impossible to provide tariff that
would meet the wants of our iron and
steel friends. When they have a high tariff
they ascribe their good times to its bene-
ficient operators. When under its slim
illus they make more iron than they
can dispose of. they ascribe
their bad times to the fear that it will be
reduced. The truth is that their perfect
tariff would provide for the purchase of
their surplus production by the govern
ment whenever the home demand fell off
or the market was overstocked.''
The same fly by night statesman lectures
the Democrats on their financial weakness
and says: ''Before 1883 the government
will, in all probability, have paid off all
the three and one-half per cent. bonds, in
Guiding some $3o,OoO,OO0 held by the treas
ury as security for national bank circula-
ton. When these are all out of the way
the three per cents. will begin to
be drawn in. Nearly $20O,OOO,OOO
of these are held as security
for bank notes. In short, the question of
dealing with one of the gravest problems
of finance will be forced upon the atten-
one way or the other cannot be avoided,
for if it is not met by some legislative
action, it will resolve ITSELF. The banks
will begin to lose their circulating notes by
| the withdrawal of their scanty bonds be-
fore the end of next year, and after that
time will lose them rapidly. This will be
contraction of the currency of an artificial,
and therefore disturbing character. 1t
may be said that the banks can avoid this
| extremity by buying and depositing per
| cent. bonds as the three's are paid of.
This will be practically impossible, for the
\ reason that the fours cannot be bought in
| the open market in sufficient amounts
without carrying the premium to a point
| where the issuing of bank notes upon them
| would be Improbable"
Looking over Jefferson's works to-day
| came to the following about the river and
harbor bill. In October. 1902, Jefferson
writes: 'You have my doubts or rather
| convictions about the unconstitutionality
| of the act fer building piers on the Della
| ware, and the fears that it will lead to
| bottomless expense and to the greatest
abuses. There is, however, one intention
| of which the act is susceptible, and
we ought always to presume
that the real intention which is alone con-
sistent with the constitution. Although
the power to regulate commerce does not
give power to build piers, wharyes, open
ports, clear the beds of rivers, dig canals,
build warehouses, build manufacturing
machines, set up manufactures, cultivate
the earth, to all which the power would 90
If it went to the first, yet power to pro-
vide and maintain a navy is power to
provide receptacles for it, and places to
cover and preserve it, we'll remember
the opposition on this very ground to the
first act for building light house. The
utility of one thing has sanctioned the
infraction. But if on that infrac-
ton we build second, on
that second third, etc., any one of the
powers in the constitution may be to COM
prehend every power of government.
| Mr.. Pendleton has already arranged an
electioneering bureau. The rooms of the
Ohio Democratic state executive committee
are being kept open, that the brethren may
have place in which to gather while in
| the city and consult with the chief adviser
| of Mr.. Pendleton, the Hon. j. G. Thomp-
son. Already wires are being laid for the
election of Pendleton legislature next
year, by securing from the editors of Dem
ocratic county papers throughout the state
a list of their subscribers.
| Green B. Raum says the late elections de-
mand the putting of primaries and con-
ventions under the protection of law.
for most of the newly built roads run
through wild regions which do not as yet
warrant the existence of any railroad at ALL
That sum makes per capita contribution
of over 81 for every man, woman and
child living in this country. The British
crown costs the United Kingdom about
cents per capita year.
1t is generally believed that Arthur's
friends in the state committee appropri-
ated most of the $4,000 campaign fund
One of them said to-day when asked what
was the hotel bill: SAbout 5000 believe.
That included the room used by the COM
mittee and the board bills of Smythe and
Sharpe, the two Johnsons and some
others, with extras. Although 1 can &C
count for about $4,000, the other $4,000
was used in Albany and elsewhere, Just
how don't think will ever be known"
What is to be the states gain is pretty
sure to be Buffalo's loss. The robbers and
jobbers who have been kept at bay in that
city by the courage and alertness
Of her reform mayor are said to be
marshaling for raid on the municipal
government as soon as Mr.. Cleveland re-
SIGNS The Ruffo1 In yooxucDopore oxar @l.4