The Portland daily press., 1896-11-05
rnk PEOPLE ARE HONEST.
This the Conclusion Chauncey M Denav
breaches in View of Recent Election.

Concord, N, b. November 4-Hon
Chaunoey NJ. Depew. who came here
this forenoon, on being interviewed ON
the result of the election said:
ssThe result of the election" said MIR.
Depew. lis exactly what have repeated
" predicted it would be. The country
has gone overwhelmingly Republican.
and free silver will soon disappear.
"The result of the election disproyed
the emphatic statements so often made
by European publioists that it is impos-
sible to submit complicated financial
question to the people and secure YER
dict in favor of sound and economic reas-
onipg.
European thinkers have long main
tanned that If the people were given an
opportunity to determine the currency
question that whenever the chance was
offered them of increasing the.oiroulating
medium and debasing the monetary
standard that they would seize upon the
cheap money with avidity.
"Our election has already disproved
this. The American people have thor
oughly understood this issue, not only
have the technical trained fnanoiers un-
derstood it, but the people. the plain
people who worked for wages and sala-
ries and who constituted 10 per cent of
our population, have understood this
question. They have known exactly
what free silver meant they have real
| lied what free silver represented.
"The result of the election proves,
moreover, and to men this is the most
| important feature of our victory, that the
American people. are honest. IL is great
| thing for people SO diversified and 30
numerous as ours to be nationally hon
| est, and the election of yesterday has
| demonstrated beyond question that the
people of this country hold the national
honor as dear as their individual repute.
Il think that the silver question will
| soon disappear as an economic tenet.
| The only sentimental strength which sill
! yer has possessed has lain in the south,
| where it has been sedulously nurtured,
| The sufficient. backing of the.silvsr move
mont, has, of course, rested In the West
among the mine owners who have con-
tlibuted huge sums of money and vast
amounts of literature to spread theil
sentiments. The South has been theil
particular stamping ground.
| Gin the middle West where the great
| battlefield of the campaign has been To-
Gated, free silver is but a passing craze.
IL will die away in that section as green
| backism died away, kand in two years the
| West will wish to have forgotten Its con.
neotion with this heresy, which 1t never
seriously took of Its bosom. In the South
| however. the coinage question has beer
vital one andsnow it is lost there. An6
so lost in the present trial that / dc
not believe the southern political leaders
| will estrange themselves from national
lpreferment, as they must ii they continue
| to cherish it.
"With the South gone from it's support
free silver will be plunged into oblivion
and the silver question. then, in the West
becomes as 1t should become a question
of uommerc merely, and will be gov.
erned in all its relations, as indeed, fol
that matter, it Is practic ally governed
now, by the unalterable economic laws.
81 forsee in the immediate future the
disappearance of the silver question from
our politics.
Mr.. Depew was anxious for the full
scope of the Republican victory in New
England, and when informed of the tire.
mendous maiorities this seotion'has given
for prot ectiou and sound money, he ex-
claimed, 'tGoed, New England was al.
ways 1evel-headed.o
In commenting on the result in New
York state MI. Depew So i'd the victory
WAS not less overwhelming than had been
expected. New York, the greatest man
ufaoturing, commercial and agriou ltural
state in the union, necessa rily had the
greatest interest in the currency question
and the people of the state have never
been in doubt as 60 how they would vote
to settle Ii.
When asked If there was any likelihood
that any of the party leaders in New
York would bear strained relations to-
| ward MoKinley's administration. Mr.
Depew laughed aud said 20 the victory
in New York was SO great and McKin
| ley's vote SO tremendous that all oul
party leaders will have to be on gooc
terms with his administration.