The Philipsburg mail. [volume] (Philipsburg, Mont.) 1887-current, 1894-07-26
He Talks on Silver and the
Tariff.
IN THE UNITED STATES SENATE
The Financial Disasters Of the Tast
Few Years Prove that the Growth
of the British System Has Been
Checked - Prosperity Will
Not Come Without Free
Coinage OF Silver,

hSA0uSA
vania, who SO ably championed the
cause Of silver in the fight for ''repeal'
last fall, and whose name is already
classed with those of statesmen of the
first degree, delivered short but highly
logical and patriotic speech to the
United States senate while in committee
OF the whole considering the revenue
feature of the Wilson tariff bill. Game
ron uses no circumlocution, no tautology
no meaningless verbosity. He calls 6
horse horse and is apt to get the
proper word for anything else he has
occasion to mention. In his terse talk
before the senate he reviews the "British
system" of finance and trade, a theme
which he elucidates in the following
words
"Ihis huge growth, more rapid than
the world has ever before seen, must
have limit, and at it's rate of the last
fifty years that limit must be near
Since 1873 many signs seem to show that
the limit is reached. The financial dis
asters of the last few years prove, for the
time, that the growth of the British
system has been checked, and that if we
are not overwhelmed by the shock we
may still maintain our interest Yet
this moment of all others is chosen by
the congress of the United States to
come to England's aid.
"We were told to destroy silver because
it was mark of our independence, and
we did so for no other reason than to re-
main in the moneyed system of En- gland
And now that tariff, which has been the
chief object of antipathy to the British
moneyed interests, is also to be over
thrown. We have sacrificed our whole
country west of the Mississippi river on
the silver Issue, we are now going to sac
ritice the whole country east of the Mis-
sissippi on the tariff, in order to open
new markets for foreign capital in for
eign Industries.
"Here again, as in the silver debate, we
are told, by what I presume is to be
treated as the highest authority, that we
are wrong, and that the surest way of re.
sisting British moneyed interests is to
submit to it, Ifthat argument had force
to cover our cowardicei in the silver issue,
it cannot serve an instant to cover the
betrayal of our other industries. The
only attempt to excuse this bill on the
ground of national interest, is that it
will reduce the cost of production SO as
to enable us to compete with Europe in
the markets of the world. I suppose
this argument to be seriously made, and
that it's authors believe it to be sound
The more we sacrifice ourselves the
greater is to be our profit The idea
comes from England the authors of
this bill are echoing old commonplaces
of Bright and Golden and the free trade
league. To what new world are they
going for their markets Since the
British moneyed interests adopted those
ideas fifty years ago, the world has been
ransacked for markets to the uttermost
limits and narrowed to single commu-
nifty in which competition is carried to
it's last possible point. If any market
were left, English Industries would not
be now in their desperate condition.
Neatly linking this expression with the
silver discussion he goes on proclaiming
truths OF potent value in the politics of
today. His closing utterances are about
The strongest we have yet read, appealing
20 the patriotic instincts of a true
American.
E'The situation of the world to-day Is
more critical than ever before in our
line. The people will see it and act as
soon as we can reach them. I do not
ear the result.
"For my own part I want to do more
;han restore the tariff. The tariff alone
8 not enough to make a complete or
strong national policy. On the tariff
alone cannot appeal with confidence to
he American people. Irepeat and I in
'ist that the tariff and silver are two
sides of the same issue. They are bound
together by necessity. The one without
he other must break down. Both to-
,ether are invincible. The people OF the
1nion-north, south, east and west-can
Ill understand and unite on a national
policy that unites these two great forces.
they are neither money lenders nor mug
yumps. They feel their interests more
ruly than all the newspapers and lee
urers in the world can teach They VT
oot be afraid to cut wholly loose from
europe. They will be glad and proud
o restore silver to place the United |