St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-04-21
he is A SILVEERITE:.
Senator Hansbrough on His
Way Home From Wash
ington.
SEEN BY A GLOBE REPORTER
The Senator Expresses Him
self on the SiIversQues-
.tion.
SEEN BY A GLOBE REPORTER
ALSO ON OTHER MATTERS
Including the Niearaguan AT
fair and the Ineoms
Tax.

hotel. He was on his way home for
the first time since the adjournment
Of congress- y
What are your Views, senator, on
the question of bimetallism?" asked
a GLOBE reporter.
''The people," replied the senator,
ARE reading and thinking on this
great question more than ever be-
fore, and the advocates Of a single
gold standard are having very diff
cult time of it in their attempt to
| sustain their side OF the, question.
By the time the two great political
parties come together in convention
the leaders will find it necessary to
incorporate in their platforms some
thing besides empty promises. A
great many people believe that silver
having by law been destroyed as
money of redemption, may be by law
restored to the position it formerly
| held. There is no reason why it
should not be placed upon a. parity
with gold the world over. But we
have SO little to nope for in this di-
rection from European nations, es-
| pecially England, that the American
| people now find themselves face to
| face with the question, shall we at
tempt the reconciliation of silver
alone?
81 believe a great majority of the
people of this country are in favor Of
| Independent action. The talk about
so cent dollars has grown very stale.
| We have no such dollars in the
United States, neither would we have
| so cent dollars if silver were re-
monetized. 1t is quite generally be-
lieved that the silver wing of the
Democratic party will win in Illinois,
| just as the silver wing of the Re-
publican party has been winning for
several years past in a number of
Western states. Among laboring peo-
pie and the middle classes through
out the Eastern states, the silver SEN
timent is very strong, and growing
stronger day. by day. The
GOLD MEN OFFER NO REMEDY
for the unfortunate conditions
which have been upon the country
for two years past. The only remedy
they could offer is the one their chief
at Washington has prescribed, and
that is the issuance of more gold
bonds. This is the only-renledy I'M
! der the operation of gold standard,
and, as a friend Of silver, I am
glad that Mr.. cleveland has thrown
down the gauntlet, so that we may
know who are and who are not BIZ
metallists. Surely, Mr.. Cleveland
is not bimetallist, as is clearly
shown by his recent letter
II believe that the money question
will be the great issue of 1896. The
Democratic party, being in power,
| will doubtless be the first party to
| hold its convention. If Mr. Cleve-
land or any one else with gold
standard proclivities is nominated
| and 1 believe that this will be the
outcome of the convention-the peo-
pie, as they have done so often in
the past, will turn to the Republican
party for relief, and silver will be
| properly cared for"
who do you suppose will be the
probable candidates for the presi-
! dency?"
In regard to presidential candf-
dates, everything will turn upon
the action of the Democratic. ma
tonal convention. The nomination
OF Mr.. Cleveland by that conven-
ton will retire at least three of the
republican candidates thus for
prominently mentioned"
DO you think that the business
situation is more encouraging this
spring?'
There can be no permanent return
OF prosperity under our present finan-
c1al system. There are evidences of
! petter times, especially in the East.
out TINS is the natural result of the
long period of industrial suspension
In 1893 and 1894. The store houses are
empty, hence there is activity among
the manufacturers. There has been a
SLIGHT RISE IN THE PRICES
of agricultural products and of silver
recent demands for silver, which is
! now a mere commodity, put the price
up lew cents per ounce. This caused
rise IN the price of wheat in India
ana therefore a rise in the price of
wheat In this country, wheat prices he
ing fixed in Liverpool, and silver
prices In London. If silver were a
money metal, its value would not
nuctuate, and We would have stability
III the prices of all such international
Plouucts as wheat and cotton. The
Japanese indemnity is helping us
some. l do not look for anv nerro.-
neht rellef from present low prices
The only people who are prospecting to-
| UaV are those who
ing securities, and those who receive
stated salaries.
Would you care to say ANYTHING
about the Monoe doctrine in connect;on
with our recent South American com
plications?"
Great Britain has never recognized
what we term the Monroe doctrine
She is very anxious to get a footing fo,.
her arms upon this continent outside
Oh Canada, and her diplomatists, no
DOUBT, believe that the Nicara guam
adar VIII give them the opportunity
they so much desire. If Mr.. Gresham
SHOWS himself capable of repelling
England In this matter, he will sur
prise MS friends and render his
country great service
were you surprised at the decision
vi the supreme court in the matter
OF the income taX?.
i never criticise the opinion Of the
supreme court. 1t is stated that by
this decision the Astor family will
save S6S,OO0 year. If I had money
and were looking for an investment /
would not put it in manufacturing or
other commercial enterprises.
would put it in real estate or bonds
the income from which is EXEMPT
under the recent decision