The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-07-27
DEPEw ON THE PRESIDENCY.
He Expects That Harrison Will Be the
Republican Nominee.

LONDON, July 26.-An interview with
Chauucey NJ. Depew was published IN a
London paper this morning. Mr.. Depew
deprecated asuggestion that he was likely
to be the man to champion the republican
cause in the next presidential election. He
believed that President Harrison would
carry the election. Secretary Blaine,n he
continued, sis the strongest man politically
and most popular, but still, in my belief,
Harrison Will be- nominated. That is my
decided opinion. When asked who the
democrats were likely to nominate-Mr. De-
pew, promising that he spokea year in ad-
vance of the nomination, said he believed
Mr.. Cleveland was the most likely candi-
date, but that the democrats would not be
as unanimous for Mr.. Cleveland as repubh-
cans were for their candidate.
GOOD TIMES COMING.
Bad times would disappear under the as
sured prosperity Of the farms.
"Do you argue then that the republicans
have suffered all they will suffer on account
Of the Mckinley law and that now it is the
democrats who will smite hip and thighp
Just so. The Mckinley tariff viii do
very great deal to carry the election fer the
republicans, especially will the reciprocity
clause do a great deal. The American
people are now seeing that by
great things from a commercial point of
view with the states of South America.
Until the Mckinley bill was passed the
United States mad been paying 500, 900 900
year to South America Mark, that this
money was paid through London.
THE NEW ORDER OF THINGS.
"We got raw material from South Amer
lea through London and Germany and paid
for 1t in cash. Now we shall get the same
amount or more, but by means Of the Me-
Kinley reciprocity clause we shall be ena-
bled to sell manufactured goods in return.
In other words, we shall pay in kind. Eng
land and Germany will lose what America
gains.n
"Mr. Harrison would win on the tariff
and silver question:
Certainly. The republicans erred in
passing the Mckinley bill just before the
election. The worst effects Of. the
bill all fell at once just in
time to cause republican defeat, but il
was not q democratic majority, but a
majority of democrats and cranks. Ameri-
can politics were very mixed then, now
they are clarifying and the benefit of the
Mckinley bill are being felt. As an illus
tration the farmers alliance is an outcome.
THE SILVER QUESTION.
Now let me pass to what will be the
second plank In the fight for the presi-
dency mean the silver question, or BIZ
metallism as you would call it in England.
Upon this question the republicans are prac-
tioally unanimous, while the democrats are
divided among themselves. l suppose
there will be some subsidiary questions In
volved l take one instance. There will
be the question of the negro
vote in the south. The southern
states elect democrats just now. The re-
publicans say that if the negroes could
vote as they wish, without interference and
without manipulation, they would vote the
republican ticket. So we want to have the
election taken under federal officers, not
under the officials Of each state, who at
present manage the negro vote. You can
understand that the democrats will oppose
this"
"One last question. Mr.. Depew. Why
have American railroad securities been
going down recently on the stock exchanged"
II can explain that in a sentence. The tend
downward is merely temporary. We have
sent S73,000,000 in gold to Europe within
the past few months and money went west
to move the crops. Consequently the resulted
stringeucy of gold in New York. When
that occurs rails godown. Now good crops
are assured. gold Is returning and American
rails viii shortly be better than before"