Herald and tribune. [volume] (Jonesborough, Tenn.) 1869-current, 1895-11-27
WASHINGTON LETTER.
tFrom Our Special Correspondent
WASHINGTON, D. c., Nov. 90, '95.

currency. The public utterances of
Secretary Carlisle leave no doubt that
Mr.. Cleveland will in his message to
Congress recommend the retirement of
the Treasury notes, popularity known
as greenbacks. Whether ,he will be
bold enough to recommend the repeal
of the ten per cent tax on State bank
currency at the same time is as yet a
question, but enough has been said to
Democrats from the South, where the
only sentiment in favor of restoration
of State bank currency has its abiding
place, to make it plain that such is the
ultimate object of both the President
and Secretary of Treasury. 1t is a wild
hope they are indulging in. No Repub-
lican Congress will ever vote to repeal
the tax on State bank currency. If
there was only q choice between State
bank currency and the free coinage of
silver there isnt't a Republican of
prominence on either banch of Con-
gress, not excepting Senator Sherman,
who would not choose the latter.
The g%reenbacks will doubtless in the
not distant future be retired, but it will
not be done until something that is en-.
tirely safe has been agreed upon to
take their place, and til is altogether
probable that something will be some
form of national currency. Having
for more than thirty years, thanks to
Republican legislation, enjoyed a paper
currency that was worth its face in
every State in the Union, the people
will never be satisfied to return to the
old method of increasing the discount
on a note the further away it gets from
the bank which issued it. 1t would be
too much like substituting stage coach.
es for railway trains to please the most
progressive people on earth. Dollars
provided by Republican legislation
have always been and always will be
dollars; that can absolutely be depend.
ed upon.
Those people who suppose that the
Republicans Of the great northwest are
less ardent in their support of a pro.
tective tariff than their brethren of the
middle and eastern States are badly
mistaken. Representative Tawney, of
Minnesota, who has just arrived in
Washington says the Republicans of
that State believe the revenue for main.
tanning the government should be rails.
ed by a tariff upon imports rather than
by an increase of internal revenue
taxes, and he cites tbs Glowing among
other reasons for that belief: THE duty
upon barley as fixed by the Democrat
ic tariff law, works serious injury to
farmers of the west by permitting the
importation of Canadian and Russian
grain and bringing it into disastrous
competition with our own product.
Just before l left home a farmer gave
me an instance in his own experience.
In 1894 he raised 33 bushels of barley
to the acre, which he sold for 80 cents
a bushel. In 1895 he increased his
yield to 40 bushels an acre, but the
price for which he could sell he bar
ley fell to 90 cents a bushel. So that,
although the productiveness of his
farm increased largely, he lost 81 10
an acre over the previous year,
Representative Henderson, of Iowa,
who arrived in Washington this week,
characteristics as nonsense, originating
from a Dem ocratic source, the story
that he and Senator Allison were in
Chicago several days ago in the interest
of the latter's candidacy for the Repub.
lican Presidential nomination. Gen.
Henderson is one of the Republicans
who thinks that tariff revision should
be undertaken at this session of Con.
gress. He says: 1--WE know in advance
that the Congress, and the executive
are at the a~ntipodes and that no re.
vision the Republicans could make
would be agreed to by the President.
We should be patriotic and think of
the needs of the country first of all,
and, if it is possible to get the President
to join us in this we should do 30. l
do not think we a come to any agree.
ment to increase revenue by internal
taxation, but we shall wait and see
what the President has to say. 1t is
his right and duty to make suggestions
to Congress, and We shall act upon
them, l am sure, in a patriotic spirit,
according to our best judgment | think
any increase of evenue must come
from customs, but we have no need to
makes record. Our record is made,
we believe in protecting American in.
dustries.
Representative Babcock, of Wis,
who has a right to be proud of the
work he did as chairman of the Repub-
lican Congressional campaign com
mittee last year, is in town ready for
the sessions work. He is especially
interested in the Monroe doctrine,
which he declares to mean that no
European power shall be allowed to
acquire additional territory upon this
continent, either by purchase, force of
arms or in any other way, and in the
speedy construction of the Nicaragua
ship canal, and he will be heard from
on both subjects when they are taken
up by Congress.
The contest for the House offices is
growing quite spirited, nearly all of
the score or more candidates being
hard at work.
Six weeks ago l suffered with a very
severe cold; was almost unable to speak.
My friends all advised me to consult q
.L-..s.- N~.-- -