The Philipsburg mail. [volume] (Philipsburg, Mont.) 1887-current, 1896-11-21
M'K|NLEYP VOfSS|LVEB
A Big Split IN the Republican Party
Is Inevitable.
THE WEST AGAINST THE EAST
Some of the Secrets of the Recent Re-
puhlican Campaign Revealed
From Inside Sources.
THE WEST AGAINST THE EAS,

New York, Nov 12.-There is going
to be war. aud worry hot wa. in the
republican camp. and at very early
date. Maj. Mckinley has policy Of
his own. 1t is western policy large
ly-western and southern. There are
two things the major is determined to
rid himself of. The first is eastern
domination. The second is the suspi-
cion that he, or his administration or
his party will be a catspaw to Eng
land. He believes that he can build
up the republican party Oh a founda-
tion that will give it a long lease of
life, but that to do this he has got to
cut out from under the feet of the
democracy what he regards as the in
evitable winning card-silver.
Early in the campaign, Mr. J. Pier
pont Morgan gave his ultimatum to
Mr.. Hanna-that the greenbacks should
be retired. Upon agreeing to this,
money would be furnished without
limit. Without this agreement eastern
funds were not to be had for campaign
purposes. The campaign depended
upon an unlimited amount of Doodle
Hanna was up a tree. After good
deal Of row Mckinley agreed, but
he had in the meantime seen his way,
once safely in the White House. to
flank the eastern crowd aud build up
the western, end of the party strong
enough to control. II was clear to him
that there was AL irreparable breach
between the east and the south, and
once he was in the saddle, he would
be master of the situation and could,
with the western republicans behind
him, give his ultimatum to the east
The dose he had taken at St. Louis
was very bitter to him, and equally
bitter to all western republican lead
ers, but with defeat staring them
in the face, which would mean the
disintegration of the party, they had
to swallow the pill But they bided
their time.
Mr. Morgan's belief was, and is, that
with the greenbacks out of the way,
the supreme court can now be relied
upon to reverse a former decision, if a
case shall ever come up, and declare
PoWol W u'tho Papol uoAoy d los9dl
tender is only war power. That,
with silver out of the way the English
plan can be held in force.
On this the W'hitelaw Reed dinner
was made, to divide the loaves and
fishes Of the real banquet to come.
among the eastern crowd and, inciden-
! tally, a few weastern ooughfaces for
appearance sake.
Mr.. McKin!ey's plan is quite differ
ent. He knows that revenues are run
ming behind and that they can only be
brought up to point to meet the def
cheney in the revenues by large i'm
4 ports, as things now stand, and he
prefers American goods That, with
any contraction, affairs will be SO
much the worse. That the first re-
quisite to better times is more money
of some kind. That the present bal
ance Of trade, growing out of condi-
tions such as have not prevailed for
twenty years, nearly can only be
counted on for one year, when new
crops, which barring a worlds failure,
will be larger than ever, and, in con-
sequence, low prices will break all rec
ords unless something can be done in
the meantime to establish an incl eased
supply of money.
The bargain to cancel the greenbacks
is to be kept, but the attempt now be-
ing made in the east, to change the
present coin bonds of the government
to gold bonds is to be resisted la out
rance! To supply the place of the
greenbacks to be retired, an increase Of
national bank notes, on liberal lines,
will be provided. Meantime the
| chi i'm ic TO oni,,oJ mol
icy of liberal purchases of silver-suffi-
ciently liberal to absorb our own pro-
, duction of the white metals to be
provided for and silver coined. The
redemption of silver notes will be held
to silver. and with the greenbacks out
of the way the gold reserve can be
turned in for general expenses and
that amount of money let loose. No
one will then have a paper dollar that
can cali for gold. The east and Lom-
bard street will be shut out from COM
ing here for gold to supply every for
teign demand, and it will he impossible
for London to make panicS in our
stock and produce markets at will
In the meantime, with Russia, Aus
tria and Germany absorbing all the
gold production of the world, barring
what comes to us as balance of trade
for crops Europe, and England espe-
cially. must have, the money situation
in England will be getting tighter
and tighter. Russia has been quietly
piling up gold. England has been los
ing gold, in spite of the vast increase
in the worlds gold production in re-
cent years. Russia has also been buy
ing cheap silver. She is in the market
for fully five hundred million dollars
more. The silver she now wants is
ostensibly to replace her paper minor
currency. For that she can use $500,
600, 900 or 800, 600, 600 worth at present
prices. But Russia has Siberia TO
develop as her Trans-Siberian railroad
progresses. She has the trade with
Manchuria, which will absorb any
amount the world can produce, and
with it she can undo England's indus