St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-07-20
Senator Morgan Says the
South Wants a Silver Man
for President.
He Says This Country Can Be-
come the Worlds Clear
ing House.
Senator Quay Is Not Positive
That He Will Tender His
Resignation.
He Thinks Patterson Would
Make a Strong Presiden-
tial Candidate.

WASHINGTON, July Ex-senator Nor
gan has just reached Washington from
his home in Alabama. and talks freely
about political topics and the impress
sions he has gathered during his stay in
the South, where he has been ever since
the adjournment of congress. He does
not believe Cleveland will be NOM
mated.
"There is" he said, IAN earnest and
patriotic feeling among the people of
the South in regard to the presidential
campaign next year. They feel CRATE
full to Mr.. Cleveland for having given
them chance Tor the wonderful pros
perity they are now experiencing. They
have perfect confidence in his integrity
and fidelity to democratic principle and
policy. They are proud of his admins
tration, and they believe it contrasts
favorably with any we have had in
many years. They agree with his tariff
policy. Believing this toward MIR.
Cleveland, they are very deeply at
tached to him and would give him up
with very great reluctance"
The Southern people," he says, ''re
gard antagoDism to the remonetizing of
silver and its free coinage as il blow at
their rights, secured to them by the
constitution. They have always been
true to themselves in this respect, and
they have always acted upon principle
rather than with any reference to mere
experience, and they regard the refusal
of men i'll their own party to restore
silver to its proper functions and rights
as fundamental doctrines of the Demo-
cratic party. They deplore the apparent
opposition of Mr.. Cleveland to the free
coinage of silver and INSTRUMENTATION
almost as a calamity. They might be
willing under the pressure of greater
demands upon their patience to avoid
other troubles even more serious to de-
lay final demand for the free coinage
of silver, but they would do it with
great reluctance This is the doctrine
and purpose of the Democratic party,
and those who think that the DemOc-
racy will yield are altogether mistaken.
secretary Foster" lie says, was
very fortunate in having had the advan-
tage of a Democratic idea injected into
the silver bill by Senator Beck, by
which he has been enabled to Increase
the amount of available money that
may be found there. Senator Sherman
seems to be grateful to everybody but
himself for having found plan to ex
tFicate the Republicans from their di-
lena and is disposed now to express his
appreciation of the very coin certificate
against which he labored so earn
cStly and for so long time. This
coin certificate will never be dispensed
with in our financial system hereafter.
do no see when we produce 100000
900 year of precious metals, one-third
of which is gold, why we cannot accu
mulate coin in the treasury almost to
any extent that we desire, and issue
coin certificates representing dollar for
dollar into the hands of the people. In
ten wears that sum would amount to
$1,000, 100000. Very few of the GER
titicates would ever be presented for re-
demption in metal, if the people knew
the metal was in the treasury, and just
think what great power the United
States would be with Sl,000,000,00 in
reserve. This country would become
the clearing house of the world. and
wrest from England the financial lead
ership which she has held for centur-
les