The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-11-16
.r1rrIr. rsrasDAr..sov. 70.
yIcrogY BELPs THE MosEy
aAERET.


TIE passage Of the silyss purchase repeal
bill hesped 20 restore tire eoBhdsnce u
esrasai 10 tie earreneY. ard the victory Of
Eerent<y las increased this sonhdsDes
he future 81 osr finances. So far -
tie eHrFeBcy Is concerned thsFs Is 70
present gsaans for apprehension or dis
trust 50 fsng as the present congress lasts.
OF eozrse nssssores fer free coinage or for
the Feassal 81 ensasge undss limitations
wlg - hsoarht forward, but no sach
msassss cau prevail in The existing con-
grszx. TAe hattie uas won when the
ssOpssge of silver purchase vas secured.
sad senateTs Morgan and Hsrras Of the
opposition eonfass that they do not
exYees arr reversal Of the prsncspis
81 that verdict IN the present Goa
ersss 4 heuse that has voted By
stHpshIfsis asj0siGy for repeAl sill give
nc heed 10 mex silver blli, ard 90 for the
Uni.sd Skasas senate, IL vii hare enough
O. do 70 rerasa Us lost good name without
exciting any farther popular exeeration.
Ikere sas tlrns whea there vas serious
apprehension that an astemps % repeai tie
tar en- stats baak issass might snccec6.
ana ws woald be rnrsed with the fr4ghtfai
evA Of tha imitation of worsaless paper.
The sfismpt wlii be made. for the Ma
sioBag Democratic platform contained the
following resolution: we recommend
that the rrohlbssory 10 per eens. tax on
state bark issues be repsalsd." tits fair to
sag that this state bank isx plank Is not, as
the taria plsnk is. . demand, or .
declaration Of fundamental principle Of
Democracy: il is . mere recommendation.
There was 30 separate roll call en- tie stats
bank tar plank - there Vas in regard 90
the resolution affirming the unconstisu-
tionallly OF protection. Leading Demo
cratic organs. like the New York Sea,
frankly admit that while the platform
spledress the party 20 defeat tbs force
bill: Ssnounoes protection; declares that
she government has no poser to impose or
collect lakes except for the purpose Of
revenue only: promises the repeal Of the
Mckinley tariff law; 'denounees'' the
Sherman act e 1895. it only recon mendsr
the repeal of the. prohibltory state
bank tar. Dsspl6 she fact than
the chisago platform denounced" the
senators who voted for repeal twenty
tive wsra Republican. and OF the
fhigty-twn senators who voted against In
tsenty-swo wrre Democrats. ia the
house > majority Of Ehe rusjority for
honest money we're Republicans. While
majority Of tie minority opposed TO un-
Conditional repeal and sound currency
we're Democrats. Despite the dsnnncia-
tsen Of the sherman Law by the Demo
eFaiie national platform. the repeal policy
Of President t'levelsnd woaia have been
beaten but Tor Republican aid. Since the
Democrats repndia:sd their platform in
the matter q the Sherman law It i quite
likely they will ls stroasiy divided on the
sah8eet Of the repeal Of the state bank
tax. The scheme will bs pat forward
and pressed by the Enaationists, hus
It's passage IS highly improbable.
Tie Republicans. outside the sllverltes,
~oala srPose il. and the sound money
IiemserRts would aes favor u. enactment
Tie unrestricted state bank systeln was
swsps aaay ia issf: the restricted state
bank systsm proved worthless 10 psoteeg
credit in ISL The states Of Mlehiran,
Iadiaua. oaie. Wisconsin, and Alabama
have al ha1 40 experience in the past
~tsa "ssi# e2i' stats banking thai will
make theHs hostile 10 its reuewal
IL 10 not likely, tAsyeteFs. that any lssls.
lasiaH Viii Re Passed by the present con.
gress that wils impair the ssuadaess Of
currency. Credits viii revive. bat antil
the eoaeiry knows What the nss tarisf Is
o. De Business wia not generally advance
81 the charging step The Repahiieana
VII Fssiss me enactment q any radical
changes sa sae present tariff. sna IL is GER
tain that on some of the most important
points the Democrats wiA - divided
ssaong themselves