New-York tribune., 1896-10-03

other Republicans have tried to do what they
could for silver as an American produc' anu
declares that he would be glad to doupie us
value and keep it doubled II 1t would help the
country. But after having trled the bHihu
law and the Sherman law, and seen Sl36.OUW.WW
lost for silver. he does not think it well 10 trust
further in the silver mems 1--WE believe. whch
they uttered with equal carnestness at the
prospect of previous legislation which failed
of its PURPOSE He realizes too well what
the experience of the whole world has been
to take further risk The fact that this Is
great country does not help the silver argyll
ment 1t is great, but it is largely undeveloped
and in need of capitak and nothing could
so much retard its development as the loss of
the worlds confidence. and from that loss the
South and West would be the worst sufferers.
Mr.. Reed admits that the Democrats who
OPPOSE the Chicago platform may think he
has no right to advise them, but he 'has given
them much good advice for many years. and
he continues to do so. His advice now Is: I'm
common with others, they ought to vote for
Major Mckinley because he represents some
''impOrtant things which coincide with their
Gown wishes" II is true that i'm some things
they differ from him. but they must remember
that all political action comes from union OF
differing elements to accomplish one thing on
which they agree. and which for the moment
they regard as more important than the things
over which they differ "If anybody waits for
~ candidate who perfectly suits him. he
''is likely not to vote until he Is nominated
himself and even then II he has good sense.
che will have doubts" Rcvcrtng again to
former legislation. NJ. Reed says:
Da,, ,,ho
always seemed 10 me to be desiring to find some
excuse for not doing their duty. that the Re
publican candidate nineteen years ago voted
for free coinage. But nineteen years Is long
time ago. and all things have changed. There
were many good men VINO were with him then.
We had not then triel the Bland experiment.
nor had we bought 4,J0O0O0 ounces Of silver
month by month. anc watched it sink down
ward in spite Of all our struggles to lift 1t
up. He stands now upon the platform OF his
party and. backed up as that position VIII he
by the vote Of the people we shall have in
his Administration the true foundation of the
stable currency so much to be desired.
The Speaker makes no prctence of giving mp
bis faith in Protection On the contrary. he
tells Democrats that he thinks one-half Of
them i'm the North do not really differ from him
in their beliefs on the subject. but that terms
and cpthcts have made them think them
selves free traders when they are not. but are
only critical Of the details of Republican legisla
tion. AZ any rate more revenue is needed. The
deficit under ordinary conditions would not
trouble land so rich as this, but the deficit
was unjustifiably complicated with the cur
rcncy question. Mr. Reed says il was pity
that there was not more frankness in disclos
ing our condition and locating the trouble
Between those who wanted to withdraw the
grecnback. those who wanted free silver those
who wanted more currency and those who
wanted To hide their own mistakes the deficit
was attributed to the maintenance of the gold
standard. both by the friends and foes Of
that standard, and the needless outcry against
II encouraged and The present crisis brought
upon us. Mr. Reed contends that adequate
revenues will lead many Of our troubles to dis
appear and put us on the road to a solution Of
our financial questions.