Evening star. [volume] (Washington, D.C.) 1854-1972, 1896-11-21
h Expresses Hh Views ona Variety
of 4 i
BlhEqALLlsM
Gold Democpts VIII Not Be Ad-
mitted to pe4!ocratic Caucus.
PREDICTION FOR THE FUTURE

Mr.. Morgan'S forcibla and direct manner
of expression always. commands attention.
When asked today whether he expected to
see the Dingley bill passed at the coming
session of Congress- he replied:
Il do not look for that. These New Eng
landers are not in earnest in regard to that
bill. They thought at the last session of
Congress that they could pass the D:hgley
bill, and battered and cajoled the north
western sheep raisers until they could get
them to lay down their arms and go to
them. surrendering their convictions On the
silver question They limited the time in
which that bill should be effective to two
years, so that it's benefits could not last
long. Now that they have carried the cleo
ton, they are not willing to put tax
wool. The New England manufacturer has
no use for tax on wool. The bin came
over TO the Senate from the House with
that TAX III 1t. and, while 1t Is very OBJ
1ectlonable to me, and wOuI not vote for
1t, l am entirely willing to stant to one
slde ana let them have their way with it.
want TO put them to the test. and lie:
the country see that when they have full
opportunity to pass that bill they will not
90 IT, and never did intend it for any pur-
pose, except as ii don't like TO use the
Word) bribe for the people of the north
west 10 vote against silver. Now tina, they
nave eiected their man. they have power to
democrats, L suppose, will help them. 1
say let them pass 1t. don't know whether
any other democrat agrees with me or not
Out That Is my view OF it.
As to BimetaIlism.
Early In his conversation Mr.. Morgan ex-
planned that he could express no opinion
regarding what policy would be adopted by
the democrats in Congress during the COM
ing session, as he had just arrived here
ana mad mad no opportunity to confer with
members of his part. When asked wheth-
er ne looked forward to seeing the new ad-
mlnlstration do anything to advance inter-
national blnetallfsT,, Mr.. Morgan replied:
NO, no. They never meant that Mr.
sherman, after tae election, is quoted as
saying that he would agree to no kind of
pimetallism that does not put a dollars
worth OF silver ira dollar. He comes out
with that proposition. which he knows is
utterly Impossible OF performance. This
Is something like the performance when,
AFTER The demonstration of silver in 1873,
we were given law providing for the free
coinage Of the tfads dollar with 42O grains
OF silver, or Izs more grains than the de-
monetlzed silver dollar contained. But
thls doiiar mad legal tender qualities only
coined TO any extent. We couldn't even
make the Chinese take them. Now we are
gwen another proposition for free coinage
wnlch makes such coinage impossible. Pu!
and give free coinage to silver in the
United States and gold will sink below par
with silver and stay there until YOU give
II access to the minis again. The element
OF either metal SO that the value of silver
as bullion when enjoying mint privileges
can only be determined after 1t has been
admitted to free coinage" H.
But do you think Mr.. Mckinley will an
point a commission to advance the cause of
international bimetslli>n?" Mr. Morgan
was asked.
He may make a pre.ense toward that
erd. hut will do nothing law is nov
en- the statute books authorizing the Pres
ident to appoint a commission with au-
thority to go abroad and carry on a pow
WOW about silver. but the President has
Lever paid any attention to it. MIR, Nc.
kinney will have full authority to author
lie commission to work for interna tionaI
but he will not 10 it,
Objection to nm International Agree
ment.
AS matter of fact we can't make any
effective agreement with a foreign coun-
try to coin any kind of money Suppose
such an agreement is made subject to the
of Congress. Then it would he
an agreement on a legislative question be-
tween the United States and England
suppose We pass such an act and suppose
either government cares to repeal ito Orc
government might say to the other th.t
she should not repeal it. Suppose Eng
lard should repeal the law whether we
were willing or not. We might go to war
with England to make her use the kind
of money We want. The idea of such an
agreement IS absurd. 1t is m!rslinp the
sovereignty of two countries, and We could
rot distinguish the difference between them
ard the United States would resume har
position alongside of Canada as a prov-
iEce of Great Britain"
Mr.. Morgan then referred to the agree
menf made by japan some years ago with
Russia, France Great Britain. the Nsth-
erlands and the United States proydinp
that that country would not charge a tariff
OF over five per cent al valorem on i'm
ports from the countries named and smoke
OF the EFFORTS made by japan to get rid of
this obnoxious restriction of her power to
rule herself. saying any International agree
ment on the money question would be open
to the same objections as was that agree
ment.
Morgan. Ito surrender into the hands of
Great Britain the power to control our
financial legislation while that treaty con-
tfnued We would be obliged to perform its
in the hands of the British government
and We would be very much in the posi-
ton IN which japan placed herself with
those five powers. How American Citizen
ship can look that proposition in the face
and for one moment think that that ia pos
sible is more than can imagine. The man
who would thrust that condition on the
country is in such a position that the Eng
fish language can scarcely characterize the
infamy of his action.
Mr.. Whitney came out with a great full
mination on this subject about the time the
Chicago convention was about to meet
AS his remarks were addressed to demo-
Gratis, and inasmtfch az l was one of the
members of that party. 1 wrote him an
open letter. but,she has never replied to it
because he simply could not give an an
swer. He is bottled cup worse than Ben
Butler was on the James river"
What He Thinks the Republicans
1Wf1TIDO.
What do you thinK the republicans will
do on the finahcial question when they
come into contral Of the government the
reporter asked.
Il think theirsifirst effort will be to tax
the people to ut money enough to ease
this question oft Of sight, and they will
make all manner of effort to create a great
boom in the couHtry in the hope that pros
Eerity will cause the speople to forget the
silver question:; but they will have to COM
mence that program early in the admins
tration, and the result will be so disastrous
70 the country that by the time the next
election for Congress comes around thew
WIN nnd the people swarming to the polls
will go to pieces
No AMlfatiOn With Gold Democrats.
DO you expect the democrats in Com