Crawford avalanche. (Grayling, Mich.) 1879-19??, 1895-11-28
WASHINGTON LETTER.
lErom Our Regular Correspondent
90 -
WASHINGTON, Nov. 20, 1895.

.
WASHINGTON, Nov. 20, 1895.
While shouting for sound money, I"
the administration IL In reality work.
ing In the interest of the unsoundest
of all money--wildcat or state bank
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. Wheter 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 vet 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 It's abiding place, to
make 1t plain that such Is the ulti.
mate object of both the President and
his secretary OF the Treasury. 1t is
u wild hope they are indulging In.
No republican congress will ever vote
to repeal the tax on state bank cur
rency. II there was only a choice
between state bank currency and the
free coinage of silver, there isn't
Republican of prominence in either
branch OF Congress, not excepting
Senator Sherman, who would not
choose the latter.
The greenbacks will doubtless In
the not distant fuCurc be retired, but
it will not be done until something
that Is entirely safe has been agreed
upon to take their place, and 1t Is al
together probable that that some-
thing will be some form Of national
curren"y. Having for more than 30
years, thanks to republican legisla-
tion, 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 note
the further away it gets from the
bank that issued 1t. 1t would be
too much like substituting stage
coaches for railway trains to please
the most progressive people on earth.
Dollars provided by republican legis-
latiOn have always been and always
will be dollars; that can absolutely
be depended upon.
Those people who suppose that the
Republicans OF the great northwest
are less ardent In their support Of a
protective tariff than their brethren
of the middle and eastern states, are
badly mistaken. Representative Taw-
ney, Of Minnesota, who has just ar
rived in Washington, says the Re-
publicans of that state believe, the
revenue for maintaining the govern
ment should be raised by a tariff upon
imports rather than by an increase
of internal revenue taxes, and he cites
the following among other reasons for
that belief: "The duty upon barley,
as fixed by the democratic tariff law,
works serious injury to the farmers of
the west by permitting the importa
tiOn OF Canadian and Russian grain,
and bringing 1t into disasterous com.
petition with our own product. Just
before left home farmer gave me
an instance of his own experience. In
1894 he raised 80 bushels of barley to
the acre, which he sold for SO cents
bushel. In 1894 he increased his
yield TO As bushels an acre, but the
price for which he could sell the bar
ley fell to % cents bushel. So that,
although the productiveness of his
farm increased largely, he lost SO. Is
an acre over the previous year."
Representative Henderson, of Iowa,
who arrived in Washington this week,
characterizes as nonsense, originating |
from democratic source, the story
that he and Senator Allison were in |
Chicago several days ago, in the int
erests OF the latters candidacy for the |
republican Presidential nomination. |
Gen. Henderson is one of the Republi- |
cans who thinks that no tariff re-
vision should be undertaken at this
session of Congress. He says: I'VE
know ia advance that the Congress
and the executive are at the anti
podes, and that no revision the Re-
publicans 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 lift is pos.
sible to get the President to join us in
this, we should do so. l do not think
we can come to any agreement to in
crease revenue by internal taxation,
but we shall wait and see what the
President has to say. 1t Is his right