Los Angeles herald., 1891-07-27
The Postprandial Speaker
Interviewed in London.
He Says Harrison Will Be Re
nominated.
Blaine is the Strongest Man But He
Is Not in It.
Cleveland the Most Likely Candidate Of
the Democrats-Tarifr and silver
the Two Issues in the Conn
ing Campaign.
Associated Press Dispatches.


LONDON, July 26.-An interview with
Chauncey M. Depew was published in
London paper on Sunday morning.
Depew deprecated the suggestion that
he was likely to be the man to champion
the Republican cause in the next presi-
dental election in the United States.
He said he believed Harrison would car
ry the election as the Republican cam
didate.
"Mr. Blaine" he confined, sis the
strongest man politically and most pop
ular, but still in my belief Harrison will
be renominated. That is my decided
opinion, no matter what candidates 9TH
er than Harrison may be spoken about"
When asked who the Democrats are
likely to nominate, Depew realizing that
he spoke year in advance OF the nom
ination, said he believed Cleveland was
the most likely candidate, but that the
Democrats would not be as unanimous
for Cleveland as the Republicans would
be for their candidate. Bad times,
Depew said, would disappear under the
assured prosperity of the farmers. The
Mckinley tariff will do very great
deal to carry the election for the Re-
publicans, especially will the reciprocity
clause do great deal. Harrison would
win on the tariff and silver questions.
Certainly the Republicans erred in pass
ing the Mckinley bill just before the
election. The worst effects of the bill
were felt at once, just in time to cause
Republican defeat. but it was not q
Democratic majority, but majority of
Democrats and cranks. American pol
itics were very mixed Just then. Now
they are clarifying, and the benefits of
the Mckinley law are being felt. As an
Illustration, the Farmers Alliance is an
outcome.
'sThen, I am to understand that the
Republicans will stand strongly by the
tariff questions 2"
ssCertainly. You will ask me what
programme the Democrats are to oppose
t0'us. On this point they will advocate
a modified form of free trade, tariff for
revenue, not protection; sufficient tar
if to keep the government going, with
out any regard for the safe guarding of
American Industries.
4 Now let us pass to what will be the
second plank in the fight for the presi-
dency. mean the silver question, or
bimetallism. as you would call it in
England. Upon the silver question the
Republicans are practically unanimous,
while the Democrats are divided
among themselves. What will be the
Republicans proposals shortly That we
shall coin only silver produced in
America. By this means we should
keep ourselves on gold basis, which is
the standard basis of the world. The
Democrats will propose to coin all silver,
not only what is produced in America,
but also what comes into the country.
They would make silver equal to gold,
which we Republicans say would ulti-
mately swell confusion and bankruptcy.
The Democrats say it would mean the
improvement of trade, and in the con-
ditions of the people, since there would
be freer circulation OF currency.
1.-THE last question, Mr.. Depew, not
connected with American politics, but
exceedingly interesting to the CONNER
cial people of England. Why have
American railroads been going down
recently on the stock exchanges?"
II can't explain that in a sentence.
The trend downwards is merely
temporary. We have sent $4,000, 600
in gold to Europe within the past few
months, and money went west to move
crops. Consequently there resulted a
stringency Of gold in New York. When
ever that occurs railroads 60 down.
Now, good crops are assured, gold is re-
turning, and American railroads will
shortly be better than ever before.