The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1896-11-21
ON ROCKS AND SHOALS
PERILs BEsET THE PATH OF THE
AMERICAN SHIP OF STATE.
Henry WatterSon Thinks the Conn
try Is Blind tO the Rights
of the individual.

editor OF the Louisville Courier-JournL.
who was prominently urged for the nomi-
nation for the presidency at the INDIAN
apolis convention. but whose name was
formally withdrawn. has remained III
this city since the election. His views
upon the result OF the national campaign
Just closed have been furnished IN an IN
teIview.
The election OF Mr. Mckinley" said
Mr.. watterson today. lis but the begin
, g OF the end OF the struggle which one
and another has been going on In
the United States for 20 years. 1t beg III
In the west and south for nat money
No sooner was the greenback party dis
po,ed of than the free silver party took
its place Other questions being al The
front and as few OF our public men are
eAperts in coinage, free silver was able
TO commit 10 the new monetary delusion
many men, who, but for their ignoTante
on this particular question. could never
hrve been reached and who were sound 10
the core on the national credit and me
sefe stable circulation medium Among
these public men was Mr. Mckinley him
self The leaders Of the fiat money move
ment, reinforced by the silver mine own
ers. finally made an incision into the &c
publican party and got possession or The
machinery OF the democratic party. This
eliminated In the nomination and defeat
OF Mr. Bryan. With that defeat ends the
free silver frenzy and danger OF 10 to /
standard.
But the elements Of disorder it has
called into being and the agrarian issues
Il has set into motion are left upon the
scene and we may be sure those will CON
tinue their assaults upon the life o. the
~ gp+a of he n
Ill they are swept out Of existence in
1900 Mr. McKinley's election settles uoth-
Ing. 1t merely removes fiat money ana
deprecated silver dollars from among
the rocks ahead"
Denounces Protection.
Mr. Watterson was pronounced In de
claring that the union between the -
publicans and gold democrats could NOT
last.
Asked whether ne did not think he
republican victory has been so over
whelming as TO carry all before It. Mr.
watterson said: For the time being.
yes. The republican party has had il
IT'S time great good fortune. II has shown
itself a clever opportunist. But IT can
not rest its case upon the doctrine K
protection. Neither as \ policy nor as
a theory. nor as a keynote can prOtec-
tionlsm hold It's own or stand alone l.
is at war with the genius OF America
institutions. Il should BE- no longer nee
essary. If it was ever truly necessary, t.
the American manufacturer. 1t is The
father OF paternalism and the godfather
OF populism. Il sets examples to those
who imagine that wealth may be ere
ated by legislation. 1t imposes grievou.
burdens upon the agricultural class. Dur
ing the periods OF depression It serve
both as an instigation and as i pretex
20 the discontinued elements. Il is III
occasion Of constant corruption in con
gress The manufacturers themselve
ought TO lead the movement TO discard /:
They could have the question settled b.
statesmen and save it from the hands o
the mob. On such a line conservativ
men could unite TO rescue the peopl
from monarchism. But with Mckinley i
the presidency, this seems Impossible
and confess dread TO think Of the n
tempt 10 which he Is committed TO brin
back the Mckinley duties under tn
mere pretext OF supplying a deficit whIcl
Is not likely to exist at the close OF
fiscal year"
The Country Is safe.
And what do you think all thes
things portsnd with respect TO the futur
OF the country
Il think the country is safe for n
present. That the future Of the repuou
will be equally assured. I devoutIy hope
But thoughtful -nen should not be luIle.
into faneied security because We hay
overcome the dragon Of Reputation. Tn
gorgon OF agrarianlsm is yet abroad. Tn
Bryan movement was the most dang r
Gus because It affected 70 speak in III
name Of the people The whole peo9j
must come TO see that there have bee
mighty changes going on in the world D.
fore such a government as ours can Z
both safe and free"
How do you mean. Nj Wattersonc.'
In 1850, and under the leadership c
Thomas Jefferson. the principle Of demo
cratic government began its real ii-.
for life. The issue then was. Are IN
people capable Of self government
Jefferson had failed, the saderalst part
would have gone on supvressing indlyl,
ual liberty and consolidating the cen-r.
power until We should have had a repul
lie in name oHly-a Florcn:ine common
wealth, perhaps. a line OF Medicia
princes. But Jefferson succeeded an
the written law Of the land was secure
to the people. In 1850 we shall hav. ,
face the same general question In
new form. and the issue will be unde
existing conditions. Are orderly govern
ment and popular government concurren
posslbllities?'
If we are to have any presidentia
campaigns like the one just ended. the
are not safe. Unless the body Of tn
people can be brought to realize IN
changes of a century Of progress. ever
four years will witness 4 party takinI
the field In support Of the alleged right
OF humanity whose very existence Is
menace TO the public order, the peace o
society. the just balance between tn
sections OF the Union. the money Of tn
people the credit Of the nation and ~
cry other good and perfect thing sup
posed to emanate from our republican
system.
The Most Radical Change.
What DO you regard the most rll.cl
change OF the century,
In 1900 We were a few millions Of no
pie and We loved liberty. In 1870 NC ar
nearly iyo.0DQp0 o! people and we low
money. Moreover Individually and CO
lectively. v" have a great deal OF mon ~
Most OF this money ls Invested in ~at
are called corporations. From a hanIsu
OF individuals We have become a 1atlgl
of institutions. The Individual counts f.
less and less. organ zattyn for more AM
more. 1t Is the Idosyncrucy OF the hon
we live in. We may tear down the house
but can not atone and The same time Il.
stroy and occupy T.. That ls what Mr.
Bryan and his followers ara pre,cnJinI
that they can do. Meanwhile mus, "A maj