New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-09-01
SENATOR ALLISON HEA RID.
OPENING THE REPUBLICAN CAMPAIGN
IN IOWA.
THE TARIFF. CONGRESSIONAL APPROPRIATIONS
AND THE GOVERNMENTS NNANLiAL
POLICY ABLY DISCUSSED.

v,verlv Iowa Aug 81 senator Aili-0n 0peien TIC
Iowa Republican campaign here this afternoon WI"
airing speech. IT was generally Known tha' NV h'
drcs va 70 be the principal effort o. the senator IN h
| camualgr and there WAS n large assembling OF ne
,,ublcans from the surrounding country anu I" P'''
! lenders from various parts OF the state
After a brio. reference to the cahdioa"s Vi wv
! .,,,,ivc marbles senator Allison said that NE b'
r.v.l IN. Republican party would wih IN the 'oh"ns
contest because It's policies are such a. 10 SECURE NV
confidence and support Of the majority oil tl' p'P.'
~ the United states, constltutionaily eNpfcSc". o'
that majority can vote and be fairly counted i"o
r.oord of III, present Administration has been SUCH a.
to nsp ire public confidence" The compI'a''o"' WIN
| Chui wer. disposed Of In manner W
| ia, credit upon this country. Industries
| hoy. b..u prosperous and many new ones
have been established Internal commerce mas grow"
| beyond reasonable computations fore's" 'o.'" "
! liza, received II new impetus under ''o Io''"
! laiion OF Congress, supplemented Dy H'o"'' "
,oini.,rauon. the country's trade. foreign and 40
nestle Is in a healthy condition Tue nha"''' nv
! in sound condition: the currency, ample III 'o'"
an, ,,,If,.u, I'm value i steadily lncreelhs uhuei
| tho legislation Of lo9O Tie senator reiert'n )"
d.t.u To the record of the List 'ohsros"' y" Wv
,c,i,iou Of the Revenue laws, ana coh"AS'ou -"
! , = ia, Congress with the work u the Demo
cratic House Il Representatives. ia me '''' '''o"
r,LIng-ap the .rhIcct Of appropriations lie H"'u
| IN part ,,o
The aputoprlarion, made AZ the first sr.'ion OF inc
/ ms, or lit Congress WERE IN foulu nu"'u' i .
s4et 900 OpD Including oil d"hchfci'~ % u"r p al
Congrc,, aud includln- the est'a,'S NAV" en- the
permanent and indefinite hpVIuP' , ON, &, m.
aui~ basis and Including the same Items anu III 'o' -,
ssme form tho appropriations for IN" hI,t S.7iU" ~
This Congress $50 $4,000 oi y, o,,Ican
'es - :" N t-ttir,.., 20 ,rveg,ly careful study oil
The details will show that TINS incrra,' !, e'' t III
na.snns md for n. postal service, ana lhat Ior uu
% ",hct great services OF the Government there Is
mi ne Change In every ca OF r,r'I, ,a mn
/ al l ltl
iv d.r'l,lcy bills next winter. No on can Low ,
ay what lte sppI9prln'oh' ior c VI" be- les than
Wc ,rurprlnilon, OF the -ccond session OF u' "''
Luow Of NO department Of the Government whcre
,' IN Li,r,hlr saving can be mad" Know 81 u"
iw on statute D'oh hw frl,'ilns ny na nn,
Gins thai /, likely ~ repealed ahd hHp" Oh u" 'o
If, ,uiur ne IN aN - nir great l"u"' o, o'.
,oniry tta' purro,c, 81 sA,.,s,I t pNpendur.
~ u,Dlie MONEY 20 that tho." Who com" nit"r ~
viii not be be under my probable ,"1aii
Tie total appropriation, for III year az IA rY nU
nfmbrr, exclusive of The sinking fnnu' I."poo'V rb
.,ln,nted rrtcnu,. arr s4J5OOoOOO Including p""'
receipts But each monlh thus ~" ." r.v.r,u,S will
,c", 49, 900 IL every dollar Appropriate
should be- expended within me YEAR "''' wiz
an ex,e>s over expenditures
sc,.,or Allison then took up ia" tnuH question:
.h.,ch,nr rha provisions of the Mckinley law anu
dwelling on tho excellent results achieved III 'ne wv"
wears II has been In operation. Inc N'''" ''po''
wa. carefully annyhcd showing u'"t INC 'o'' Va "e
,ns drcrrs I'd - OF per cent under the Mckinney
,v ,ud that wages have Increased. lie speaker
,oc,,,,a that the Democratic party thi, year sanu'
-, ,re,. Trade and that It's platform promises that
every shred and remnant Of Protection SHAH De or"
mn The Republicans he said. accepted the fs"' '"''
ue~n,d The speaker denied that pr''e''ion res"''u
= ,,, nriv,te fortunes. Great fortunes are some
Zines made but they are the exception IL oeP'h'ed
,.. al, tl. individual than upon Protection turning
60 IA. topc of money and the currency, the speaker
utlin,d the silver legislation of 1880 winch In si'''
fed terms pledged the Government to MAINTAIN III tue
Iiv,r and all the gold and u the ppcr money Al par
In sod and at par with euch other 'Ohuhul"s
said In substance: - .
The Government loses this power nj once "heh u
mems A.. mnis TO silver that may De- brought Wtr
by any holder Of silver bullion anu inare I
tito coin AT his pleasure. which H. Irre 'ohase, w,
ms th. Government has lot its power to conro
The total quantity of silver that may be brought u
lnr INN" india md some Of the other minor countries
sin have their mints open 10 Tree coinaf, VI fh
and consequently have the silver standard WHEN y
now NOR. thun 80 per cent below In" gold standard
In these countries gold does not clNlnte eAcePi ~
a premium Anomalous as u may srcll' our s''N"I
dollar or silver certificate representing H. or Our
srcnback bring premium OF or do ," not ~ bayr ft r~r
Free cottage OF silver %o% .oo Hops If once be- at
a premium and boarded more or less. ana b! sfuun"'
steps 90 out OF the com ~. our people vor IKE
our own are greatly disturbed by the depreciation
Of silver Its commissions seriously agitatr fhemnu'
France Germany. Austria, Italy, and other hnr0p az.
states: Thes- corv usons increase with The continued
depreciation Of the |ft" metal and the trade OF 'ir
world is disturbed by the stuntion. MI commrrclli
nations depOre II. ana fnch IS N,fhls 10 ucl, in
itself against the impending rOub by huSblncnS god
There Is growing sentiment IN hmVpr ior ,m'e,
national concurrence on this subject WIN view 10
the enlarged use Of silver several OF tle EUROPEAN
states like ourselves are iiendy to Iyet ,i. out Tam
cmltles 10 the worlds commerce by the destruction OF
silver money. Early mi, yea, took thr ihmn i,
looking to conference OF nations on thc snJrc,'
cordially responded 10 this friendly suggestion ana
agreed TO conference. . , a, ,
You ask, so a, provide for the full use Of gold ana
fsoT eSf % WI SAf have led m the o
silver This retracng will restore silver 10 IL status
before Germany and the Latin nations depre.ialea u
by closing their mInt to It's free connge and to which
depreciation contributed our part by following III
their footsteps.
senator Allison then briefly dwell on the question
Of cheap money concerning Which he snid, IN part
Cheap money beeets cheaper money. Like appetite.
Il grows by what 1t feeds upon. This was Tried In
tle French revolution, with our continental money,
and lately In the Argentine Republic, with the one
want stable money that will measure justice alik"
70 the debtor and CREDITOR and that win vary ms
debt and paying il. Al Industrial labor and bust
ness interests require stability In the value of money
The Democratic party. In itS platform. Is 10 sub
stantial accord with the Republican party this qucs
ton except that they have introduced most danger
9 nn s c"nsy and Value Of our money s' In mainr
exchanges and paving debts. They propose the I'M
conditional repeal o. hc Law o. l71I' which furnlsht,
from $50 900 900 70 eG0 900 900 annual W. and the sub
sttton. In It's place. Of state bank issues By the re-
thus pi DIVIDING forty four different kinds OF paper
money under many different ,totr laws; This
mcans the restoration Of red-dog Wild cat and all