The record-union., 1892-10-29

BILE that anyone should fail to see the
aosurdity OF this talk of free trade. Does
any one really suppose that the people
would ever consent to raise such an
amount by direct taxation when it is so
much more easily, and imperceptibly, SO
to speak, obtained by the operation of the
tariff? OF course not. The very idea that
the people would stand anything of the
kind is an absurdity.
But, aside from this" continued the
Senator, There is not a laborer in the
country who does not, in his heart, If he
ever really gives the matter a thought,
lee! that his employment, his means OF
making livelihood for himself and his
family, are protected by the existence of
a tariff.
NATIONS AND INDIVIDUALS.
81 think" said the Senator, ''that all
our people are capable of appreciating the
iact that 1t is with a nation as with an in
dIvidual in this, that nations are no more
Justlhed than individuals in buying arti-
cles that they have the time and the facili-
Ties Tor producing themselves. If we
must go into the market to buy it is wis
dom to buy where we can do so most
cheapIy, but when we can produce the
desired article ourselves it is certainly
policy and to the advantage of the coun-
try and her people TO do so. Isn't that
one OF the plainest of plain business
propositions ?''
THE MONEY QUESTION.
Then the reporter led the talk around to
the money question and President Harri-
sons position in regard to it.
think the Presidents position is an
emlnently sound one," said the Senator
"He holds that one dollar should be as
good as another-a doctrine which is the
very foundation of money system for
the people. 1t is not the material of
which money IS made that determines its
Value-not at all. Witness to the con-
trary the fact that our present silver dol
lar is worth as much money as the gold
dollar, while the paper dollar is also as
valuable as either. Then, on the other
hand, the trade dollar we used to have
really had more silver in it than that we
now use, but as money it is worth less.
The idea of different States issuing
money of their own would be well
enough" continued the Senator, ''but for
the fact that We would then have forty
four different kinds of money, the value
OF each depending upon the credit of the
individual state issuing it. But with
money issued by the United States it's
value is guaranteed by the combined
credit of the entire forty-four States.
POOR MONEY BETTER THAN NONE.
"Money is so essential to trade" con-
tinued the Senator, that poor dollar is
good deal better than none, but with
S65, 100000 representing the aggregate
wealth of our country, and this increas-
ing, as shown by the last census, at the
rate of 100000 year. you can make no
money legal tender that is not perfectly
good and sound.
The great point about money is that it
furnishes men Of moderate means, small
means, even, men unheard of in financial
centers, with a means of carrying on
enterprises and industries of this charac-
ter, indeed, that the prosperity of the
country is to be found.
"In my land scheme" concluded the
Senator, tho principle object is, there
fore, not to benefit the farmer alone. He
is really to be the instrument to put such
an amount of money in circulation as
viii enable the vast army of men Of small
means to obtain sufficient for the proper
conduct Of their business"