The Durham daily globe. (Durham, N.C.) 1889-1894, 1893-09-11
More About the Democrats and Inelr
Tariff.
Sentiment Is That the Tariff Will Not BE
Touched Now.
THE MONEY QUESTION NOT IN 1T
The PopuIists VIII Make Another Raid
on the South and Give Us Some
OF Their Jaw.

the lime when congress SNOu!u ACT upon
the tariff has taken place during the
past ten days. Just before the house
passed the silver repeal bill four fifths OF
the democrats in both houses were in
favor Of taking a recess as o as the
senate acted upon that measure, and
leaving the house committee on ways
and means to leisurely prepare a tariff
bill, which was to be reported after the
holidays. The republicans in both
interviews, open speeches, and their
correspondence began TO advocate the
earliest action upon the tariff, contend
ing that it was due to the manufacturing
interests and the commercial men Of the
country that the suspense should be re-
moved at the earliest possible day. They
held that even a free trade democracy
owed it to those who had invested their
capital and labor in good faith to give
them some opportunity to withdraw
from the industries.
1t had been cOntended up to the time
the house passed the silver repeal bill
that the stringency in the money markets
and the shutting down of factories were
due to doubts as to our general financial
policy, and that if the possibility of pay
ing obligations in silver was removed
confidence would be restored and money
would come out into the open channels
of trade. The boards of tarde of the
country and the telegraph wires enable
financial men to anticipate and discount
legislation.
AS soon as the house passed the silver
repeal bill and it was known that it would
pass the senate, the better effects Of the
anticipated legislation were perceptible.
Confidence was not restored, and it was
clear that it would not be restored until
action was taken upon the tariff. Pres,
sure Immediately began from the country
to assert itself upon democrats in con.
gress. Within three or four days four
tifths of the democrats who had favored
an adjournment as soOn as the silver re-
peal bill was finally passed announced
that the question Of the tariff should be
proceeded with and disposed of before
adjournment. Force of conditions had
compelled a change of front.
Here is an extract from a letter just re-
ceived from Hon. William HOynes, Of
South Bend, Ind, which is one of the
country, and there is no one better stu
ated to speak of the conditions which
have brought the country to its present
crisis than its writer:
The money question alone it would be
comparatively easy to settle, at least tenn
porarily, but a radical change in the tariff
involves a complete reimbursement of
prices, wages and business. 1t means
long continued uncertainty to all, and in
evitable ruin to many. 1t forces thou.
sands into liquidation, ties up capital, de-
creases the scope of employment, reduces
a and brings about the state Of things
now obtaining. Whatever forces men in
large numbers into liquidation almost in
evitably produces a panic in business and
is attended with hard times.
Populists in congress are preparing to
make a raid upon Virginia democrats in
the impending campaign. Jerry Simp-
son has already spoken at ~Gordonsville,
Lynchburg and Stannardsville, and is
about ready to ride up the Winchester
road and attack Woodstock which is in
the congressional district of Represon-
tative O,Ferrell, the democratic candi-
date for governor. Representative LATE
Pence, Of Colorado, will speak at Lees
burg on next Monday and Culpepper and
other towns in that n~eighborhood later.
Representative KEN. of Nebraska, and
Senators Kyle and PETER are billed to
speak at various points in state. The
populists will have a full state ticket in