The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-09-25
DEMOCRATS OF TIE SLOPE.
bz-Minister Phelps on the Currency
Bynum on the Tariff

OfOhANE FALLS, w ASH, Sept. 24.-
There was large attendance at the second
days convention of the democratic clubs of
Washington. Henry Drum Of Tacoma was
elected president, and George Hazard Of
Tacoma secretary.
In the afternoon a large mass meeting
was held. Senator Faulkner of West Vir-
ginla was the orator. A large number of
letters OF regret were reed. Ex-President
Cleveland by telegraph said: 'Please present
my congratulations and best wishes to the
workers in the democratic cause, who meet
to-day in your state. | hope their faith in
the intelligence of their countrymen will
induce them to rest their hopes of success
upon the advocacy of wholesome principles
and measures which are truly democratic
as well as spon thorough party organiza-
ton, which their association of democratic
clubs is SO we'll calculated to subserve.
Vindication Of our principles can be safely
left to the plain people of the land when
they are aroused to thoughtfulness and
patriotic action"
GOV. HILLS LETTER.
Gov. Hill OF New York, among other
things, said: "The Republican party is
frightened by the emphatic protest of the
people last November against high tariffs
and subsidies and the force bill and ex-
travagant appropriations, ard. desiring
new issue in 1899, it is vaiuly
seeking to divide the eastern democracy
from the western by false and hypocritical
professions in behalf of an honest currency,
blindIY trusting that it can deceive by It's
professions, while by its acts it continues to
permit the debesement of a large part OF
our currency, and refuses to take a manly
stand in favor of the only honest currency.
the currency of our fathers and Of the con-
stitution.n
Letters were also read from ex-Gov.
Gray of Indiana, Senator Palmer of
Illinois. Senator Villas Of Wisconsin, Cows.
Campbell OF Ohio, Toole of Montana,
Russell of Massachusetts,, Pattison of Penn
sylvania, Psnnoyer of Oregon, Hon. +. J.
Phelps, ex-minister to Englan d, and others.
PHELPS ON THE TARIFF.
The following is an extract from a letter
from Hon. E. j. Phelps, late minister to
England:
The present appears to some people to be
a favorable time for making an attack
upon the currency. They ars right, If their
object Is to divert attention from the more
important topic that is now imminent; but
it would seem to be the part of wisdom for
those who desire that subject TO be dealt
with, TO attempt but one revolution at q
time; and to deter the reconstruction of tho
currency until the greater question of tax
alton by unjust tariffs is disposed of. 1t is
of less moment to the citizen what the cur
rency shall be, than how much of such curr
rency as belongs to him, he shall be per-
mitted to retain. The surest way to be de-
feated in both objects, is to attempt to deal
with them both at the same time.
The man who feels that he is ill. and il
anxious for remedy. is not always the
best judge OF what the remedy should be.
1t Is natural that he should be attracted by
the pretended panaceas of the quacks, VINO
are eager to fatten upon his distress.
WHAT SHOULD CONSTITUTE MONEY.
Although temporary misapprehension
may exist in some minds in respect to what
should constitute money, it is certain that
the intelligence of the American people
will at no distant day perceive that
whatever the medium OF exchange
is, it is a universal necessity from which
no class or person is exempt, that
a dollar should be an honest dollar, worth
one hundred cents, every day and every
where. That the fewer dollars any man
has the more important it is to him, and
that they should be worth their face. And
that to attempt to maintain in any form
whether OF gold, silver or paper, two kinds
of dollars, one of which shall be worth a
good deal more than the other, and only the
markets of the world, is to establish
two currencles, the better for the rich
the worse for the poor. In such a state of
things the capitalist, the hnanoier and the
speculator will be able to protect themselves,
for all markets are theirs. 1t is the man
who earns mis- living. by whatever industry,
who will suffer. And any party that per-
mits itself to acquire q temporary advau-
tage by encouraging or taking advantage
of delusion on this poipt is only sowing
the wind to reap q whirlwind, when the de-
ception comes to be understood, as it GER
tainly will be.
BYNUM ON PROTECTION.
The principal orator of the afternoon was
Congressman William D. Bynum of Indi-
ana. The following is brief extract from
his speech:
The results of protection are too plain to
be longer misinterpreted. Its operation for
the last twenty-five years has been too uni
form for the recipients of its benefits to be
able longer to deceive the people by fright
ful pictures of desolation and ruin when it
shall be destroyed. The history of protsc-
tion is a natural one. Give TO any
individual or class the power to tax
others for their own aggrandizsment
and they will never cease until that
power has been augmented to its greatest
AAHAAO' hO 11kAtl t1Oty eAAo VA Atoos was
avowedly ito give our infant industries a
chance" but was only So per cent. Having
tasted blood, however, the ravenous beast
became more ferocious and for half q
century the people battled without success
against its furious attacks. After desper-
ate contest, In 1916 it was Gagged, but in
1851, in an unguarded hour, it stole out, and
from then until now it has feasted and fat
tened upon the best blo7d and sinew in the
fields OF toll. It's strength has been increased
and its teeth and claws 5hsrpened till it no
longer hides III its lair till dark
ness covers its approach, but boldly it seeks
and pounces upon its prey at all hours and
in all places. Between 1889 and 1872 the
rate was increased to IL per cent; IN l79&
to 1315 per cent; from 1921 to 1926 tn;
average was 81 per cent. from 1882 to 1s4S
it was 81 per cent. and from 1916 to 1860 il
was only % per cent. In 1861, as a wal
measure, the rate was increased to 35 pei
cent. and gradually rose from that to AZ pc,
ceut. in 1888, and still the cry was for more
and by the Mckinley act it is now 10 pei
cent.
DOCTO 20 CALI, ON HARRISON.