The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1890-12-27
JLT GOULD DIsoOUKsEs.


Jay Gould, by Geo. Alfred Townshend
and published in the n. Y. sun. What
Is said by a hundred time millionaire
upon economic questions, and those
which closely affect the business life Of
the Nation, naturally aud properly
creates interest and has weight.
Besides Mr.. Gould has spoken his
piece well and pOintedly. The follow
ing extracts will be so found:
a think that the United States and
France, being bi-metallie countries,
now have II in their power, under the
good feeling of dependence which ex-
lists between all the great commercial
countries, to bring about the restora-
tion of bi-metahsm. You see that the
French have shown themselves, with a
silver coinage, to be extremely saving,
and hence the band or France, in spite
Of all that France has had to pay since
her war, has come to the assistance of
England and Germany and it seems to
me that the nations aud bankers must
take a better hold on that prudence
which in France has preserved silver
and helped the condition everywhere.
ado you think that the Mckinley
tariff bill has anything to do with the
withdrawal Of confidence p
"Yes, it had something to do with it.
think that Congress, sitting so long
through the summer and far into the
autumn, was detrimental TO confidence.
Ii was not clearly known what they
would do, and when at last they took
the extreme measure of putting up the
tariff there was run for money TO
import more goods than enough, and
the merchants went into debt, and be-
ing in debt they felt oyerburdened
and discouraged, and this was impaired
to the other people,
"Is it your view that the late cleo
tions viii terminate the tariff as a gen.
eral policyr
"Oh, no, sir. There must not only be
a tariff to collect the revenues, but a
moderate degree of protection is not
Objectionable. Our system ought to
be protection in moderation. Violence
on either side is to be deplorcd. The
last Congress had no business TO put
any more duties on. II was an error
of judgment, and has been so pro-
nounced by the people. | believe that
protection, however, up to reliable
figure, is desirable"
"Why did the people of Nebraska,
Kansas and so on, astonishingly ex-
press their dissatisfaction at tho late
congressional electionsp
because out there they have had
hard times. The crops and weather
were against them. And good many
of them have changed their views on
SO much tariff. The whole trouble
was caused by Congress and their fear
of more protection than was thought
TO be just and fair"
On the Southern or race question,
and especially referring to what is
known as the force bill now before
Congress, Mr. Gould SAID;
81 tell you what | think about that
important question, and that is, Let
ting the Southern States alone; the
white man there to handle the African
problem Now, | have been a great
deal in the South and have mingled
with both classes considerably. l
hardly ever see a respectable man in
the South who is Republican, and |
think it comes from the Republican
party having been in the habit of puSh-
ing the African to the front too much
and too long. II should not be that
we have these sectional parties; there
ought to be two political parties of
white men In the South, aud | think
there would be il some of the Repub-
lican leaders did not keep this race
question excited. If l were President
of the United States, or leader of
the Republican party, think | could
succeed in having some Of the South
ern States divided. They would be
much better of with two fair parties
in the field, and we should be better
off If we stopped playing the African
against tho Anglo-Saxon. The great
issue oil which the Republican party
was founded was that of white labor,
freedom in tho territories, and freedom
generally, but it was never intended
by those who took charge of the desti-
MES of the Republican party third
of century ago, that tho African
should be chief or only representa-
tive of that party anywhere. This is
the main mistake. | have very little
confidence in the great body of Afri-
cans as our political rulers. Here and
there some one colored man develops
qualities like a white man, but he is
altogether an exception. There are
not enough exceptions to demonstrate
that the African race is not an inferior
race. II surely is inferior to our white
race.'
After reviewing at some length the
prosperity of the West aud South and
Texas, and expressing confidence in a
continuation of these conditions, Mr..
Gould concludes:
ave must not keep our tariff so
high that foreign nations cannot send
some of their manufactures here, for
we export our cotton, brcadstnfls and
meat, and they must be paid for In
something which these countries can
raise. Legislators should not lose
sight of this necessary aud healthy
reciprocity in trading. Suppose Eng
land was to adopt a very exclusive
policy and put high tariff on our
brendstuiIs. | have no doubt that the
effect would be to stimulate her agri-
cultural prosperity, which has been
ruined mainly by the competition OF
This country. As TO the United States
commerce law, when Congress makes
a law which nobody observes, the effect
is 10 bring the law-making power into
contempt. One of the troubles about
The railroads aud the interstate COM
mnrce commission is that nobody
obevs their laws or rules. | am op-
posed 10 making SO many laws, and
making any law which II is impossible
TO observe and not be unjust"
A SCRAP OF Paper Saves Her Lite.