New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-11-23
THE TARIFF AND SILVER
,,u,r THE PRESIDENT WILL RECOMMEND.
,xrversT N TIE PRESIDENTS MESSAGE AND MR.
MANNING's REPORT.
,.y TELEGRAPH TO THE TRInUNE.)


inv TELEGRAPH TO THE TRI8UNE.]
,,-,,,,->,,U Nov. 22.-As the time draws
" ,,,,lication OF the message Of the President
~, ,bo roport of his Secretary OF the treasury
,o,ior "a TO what those documents VIII contain
a., ,ho form of recommendations Tor leglsauVo
o,iop becomes more active. Two topics-'e '"i" an"
,o si,ver coinage uppermOSt OF course III 'no minus
90 ali men who have an interest III business OF Puoio
- I, - nrottv well uudcrstO God that the President
ord Secretary will both recommend INC SUSPENSION u
tno coinage of Buzard dollars ahd Is
o.,,,v believed that an overwhelming ma
-, Of the Democrats in Congress VIII rei"S'
:. ocroe 10 1t. There are few Democratic
locomotives of whom Mr.. Randall perhaps may oe
,otcn as type who for the outright reea u '''
Hlnd law hrsas the necessary first step toward 'ho "
curing of an International ratio between gold ana
, second because they are opposed te clothing the
scro,ary OF the Treasury with the power TO coin money
in the exercise OF his own discretion.
There are few other Democrats VINO ueS"o
20 co. tho coinage 20 on put who nave
hecup TO cry for AN silver dollar But a"'so
majority of the Democratic representatives Is oppose"
any change whatever With few exceptions nearly Il"
OF them favor a revision of the tarl IN inc VI
free trade large majority of them approves the reSo
lutions adopted by the recent ireerade conieIeu0o
Mt Chicago in favor OF placing "crudo ana pa'""'S
manufactured" materials on the free hst anu
of substituting advaloren for specific rates OF duty
Democrats NO"ANS"NN
tary Manning and to understand his views IN rcEu W
tho tariff confidently that he is opposeu 10 oo'"
the propositions above mentioned
In an interview revised by himself before phD'caloh
Secretary Manning himself and tho President saio
whatever is done the tariff by way OF revision
sbouId be done cautiously and by conservative methods
In reducing taxes we must not ignore the interest OF
domestic industries. The reduction must DC iaue Wlt-
mn deprying American labor OF the ability To compete
with foreign labor and without imposing lower rates gu
duy than would be sufficient 10 cover the auutlohd
rosi of production due 10 higher wages hero.
I'm the same interview he declared that Whatever
rev sion of the tariff may be made In home INDUSTRIES
home into rcss home labor and home capital must be
taken care or drew distinction between the AMOR
and capital Engaged in the production or SAT- uhoet
ps.irun etc. aud the capital ana labor cmploYei Ia
other American industries. In reply to suggestion
that the Administration might perhaps cmOouy
its views OF tariff revision In tile draIt oi
"A bill TO be recommended 10 Congress III the report
The Secretary OF the Treasury Mr. Manning rrplleu ,
{" cannot say as that Circumstances VIII determine
What course pursue The tarin IS properly measure
of .gslton the Secretary OF the treasury mas he
rigi To recommend There ali instance III inc history
of the depar where such "A course was pursued
Mr. Rainfall AMI Democrats who agree WIN MI
Manning manage to extract considerable comfort Ioh
his ultrranccs and hey confidently expect that III MS
Recommendations 10 Congress he Will adopt thelr con
stuctlOn of Chicago platform or his party me icc
trad. Democrats with somewhat less commence
that the Adm uslrdtiOn Is With them