The Waco evening news. [volume] (Waco, Tex.) 1891-1894, 1893-07-20
NStion Should be Taken up
at an Early Date.
|ator Coke Expresses His Views on the
Economic Questions.

brld il response to that papers
ues. for an expression of the
|ator's opinion on present i'm.
[tant economic SUBJECTS:
Waco, Tex, July lob, '93.
(he New York World.
Reply lng to your dispatch, I have
to say, that in my judgment
|ch Of the present depression re-
It's from the fact that the people
he twice, at general elections,
len the subject was the absorb ing
of the canvass, demanded a
brough and radical reform of the
Tiff, leaving manufacturers, pro.
ers of raw material and consum.
alike in a condition of expect.
cy of This reform at the earliest
Visible day. All the industries of
country, under this condition,
carried on in q hand.to.mouth
~, simply meeting imme date and
Sssing requirements, producing
~ largely the stagnation Of trade
kich now exists. Hence l be.
We that the tariff question should
taken up at the earliest possible
bment and dealt with, with as
lch ext edition as is practicable,
b the reform demanded by the
Pple thoroughly made. | think
highest duty of congress when
meets will be to commence at
be and perfect this work. l can
10 reason why a tariff bill and
the financial Legislation needed
y not commence and progress to-
her as soon as congress meets.
failure to take up the tariff ques.
b at the extra session of congress
lould, in my judgment, have an
lxceedingly bad influence upon the
Dountry, and especially upon the
democratic party. For congress to
be called together and do nothing
upon the tariff, upon which the
people have repeatedly spoken with
40 uncertain sound, would leave an
extremely bad Impression of the
good faith of the democratic party
- the promises made in its plat
Eorm.
Now, about the financial question,
Edo not believe that a simple repeal
q the Sherman bill will give relief.
1--WE could get the free and unlimi.
III coinage of silver l believe the
Nance question would be settled
rmanently, and in my judgment,
will never be until thai result is
ched. fear this is not practi.
+ pie, but as the unconditional re.
ll Of the Sherman bill would be
ltamount to a total demonetiza
p Of silver, sure to follow in my
l. nion, and being unalterably op
Jed to this result, l can see no re.
I in dealing with it unless it il
bstitutt with some measure
pich shall fully and unequivocally
cognize the determination of the
|untry to adhere to a bi-metallic
rrency. The Sherman act re-
Raled the Bland act, under which
i less than two nor more than
nr million standard silver dollars
pre- coined monthly, and to repeal
e Sherman act without restoring
e Bland act or enactipg something
least as good, could leave no
her conclusion but that the
Puntry had deliberately abandoned
e promises of the democratic
a'form and determined to place
self upon the single gold standard.
Q avoid any danger of this, l can
ot support any act repeating the
herman law which does not en-
pay the substitute referred to, SO
pat when the Sherman bill goes
az of eff ct the substitute shall
IKE effect at once.
10 sum it up in few words, in re-
" to your interogatories, l belive
pat as soon as the two houses OF
pngress are organized they shonld
to work to redeem the promises
the platform with respect to the
Establishment of bi metallic curren
expressing my opinion on the
oJect to b. that the free coinage
silver on the same plane with