The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-07-22
his Democratic Friends Enjoined to Remem-
Der the Chicago Platform and Keep the
Pledge Made at That Time.
Leaders of the Dominant Party Will
Pour Into Washington Aug. l.
Treasury Department Explains Arrest of CASH
Ter Bowling. of the New Orleans Mint, Where
S25 900 We're Said to BE Burned
HIT THE NAIL ON THE HEAD
People Are Waiting for Democrats 60 Take
IIn the Tariff

People Are Waiting for Democrats TO Take
Up the Tariff.
NEw YORK, July 21.-ReplyIng TO certain
questions regarding the Sherman law and
the extra session of Congress propounded
by the World to Hon. Richard Coke. that
gentleman, under date of Waco Tex, July
IL. has written as follows: "In my judg-
ment much of the depression results from
the fact that the people have at general
elections. when the subject was the alb
sorbing one of the canvass, demanded q
thorough and radical reform of the tariff,
leaving manufacturers. producers of raw
material and consumers, alike, in a coDdI-
ton of expectancy of this reform at the
earliest possible day. All industries of the
country, undor this condition. are car
ried on IN hendto-mOuth way,
simply meeting Immediate and pressing
requirements. producing very largely the
stagnation of trade which now exists
hence believe that the tariff question
should be taken up at the earliest possible
moment and dealt with as expedItiously
is practicable. 1t Is the reform demanded
by the people. think the highest duties
OF Congress when it meets Is TO commence
at once and perfect this work. l can see
no reason why tariff bill and all the
financial legislation needed may not COM
menoe and progress together as soon as
Congress shall meet Failure to take mp
the tariff question at the extra session of
Congress would. in my Judgment, have an
exceedingly bad influence on the country
and especially on the Democratic party.
For Congress TO be called together and do
nothing with the tariff. on which the peO-
pie have repeatedly spoken with no uncer-
tain sound. would leave an extremely bad
impression OF the good faith of the Demo-
cratic party In the promises made In Its
platform.
Nov. this about the financial question:
i do not believe that u simple repeal OF the
Sherman law will give relief. If We can
get free and unlimited coinage of silver 1
believe the financial question will De set
tied permanently. and In my udgmeDt it
never will be until that result is reached.
fear this Is not practicable. but as the I'M
conditional repeal of the Sherman bill
would be equivalent to q total demOnetlZa-
tiOn Of silver-sure TO follow In my opinion
-and being unalterably opposed TO this re-
suit, can see no relief In dealing with IL
unless 1t be replaced by some act which
shall fully and nnequivocally recognize the
determination of the country to adhere
60 q Dimetallic currency. The Sherman
act once repealed, the Bland act under
which not less than two million nor more
than four million standard silver dollars
were coined monthly should be revived.
TO repeal the Sherman act without enact
Ing something at least as good as the Bland
act could leave no other conclusion oue
doned the promises of the Democratic plat
form and determined Co place itself on the
single gold standard. To avoid any dan
ger of this cannot support any act repeal
ing the Sherman law which does not en-
body the substitute referred to. so that
when the Sherman bill goes out of effect
the sn bstItute shall take effect at once.
ITO Gum up. believe that rs soon AS the
two houses OF Congress be organized they
should go to work to redeem the promises
of the platform with respect TO the estab-
hshmens of q metallic currency. expressing
my opinion on the subject to be that the
free coinage of silver on the same plan
with gold would be the proper mode of do
ing this. feeling satisfied that an act for
this purpose could DO buttressed and
guarded so as to produce and maintain
parity between gold and silver coin. and at
the same time to 90 vigorously TO work on
a tariff bill which shall redeem in good
faith the pledges of the Democratic party
10 the country IN the vital matter of the
reduction of taxation. Neither one of these
issues can be postponed the latter no more
than the former. |. therefore. cannot con-
cur i'll the suggestion for Congress TO meet
and adjourn after taking action on the
financial question. thus leaving the tariff
for future legislation"