The Pioche weekly record. [volume] (Pioche, Nev.) 1877-1900, 1896-11-19
NewLANDS SPEAKS TO
THE SILVER MEN.
Give Tariff Legislation a Fair Trial,
Bimetallism Will Then Come
to the Front.

srence to the policy which should control
the Silver men from the mining states dur.
iug the coming session. Mr. Newlands was
Temporary Chairman Of the st. Louis Silver
Party Convention. 1t is of interest to us to
understand our Congressman's position on
these matters. The Chronicle quotes Mr..
Newlands as saying;
Il believe we should accept the verdict Of
the country. The Republican Party claim.
Cd protection ard the. Democratic arty.
silver, to be the paramount issue. The
people have declared in favor of protection
aud have given the Republican party con.
tract for the restoration Of prosperity. /
believe it should be allowed to carry out
any reasonable tariff policy without obstruc.
ton. II it brings prosperity We will all be
content If it does not we will all know
that some other remedy is required; and by
the process of elimination will come down
to she only radical cure, namely, the full
restoration of silver as a money metal"
What will be the action of the Senators
aud Representatives from the Silver Statess
II can't answer for Others So far as l
an personally concerned voted for the
pingey bill at the last session for two rea-
sons. First, l did not think the silver men
should put themselves in the position of de.
wing to the country sufficient revenue
Ssond, believing as l did, that the tariff
Msstion would, at the next Presidential
election, distract many from the considera.
4 ton Of our financial legislation as the prin-
cipal cause of our difficulties, l thought it
would be wise to give the Republican party
the tariff law it asked for; and if it failed to
give the country anticipated relief then we
would enter upon the Presidential cam.
paign of 1896 with the money question as
the sole issue undistracted 10y other ques.
tious As it was, many silver men voted
less, but because they loved protection more.
"rhe Senators from the silver states took
another view. They substituted a free-eoin-
age bill for the Dugley bill not with the
expectation that they would pass it. but fer
the purpose of notifying the manufacturing
East that no tariff bill could be passed with
out accompanying silver legislation do
not critioise their action at all, though it
differed from my own views as TO what
shu,.ld be dons. Possibly it was the wiser
course, for it organized a distinct Silver
a tha silpar frnu their
gold associates in both parties.
But the situation is different now. The
people have spoken and have declared tor
protection, and do not think any obstruct-
ion should be opposed to the popular will.
Let tariff legislation be enacted immedi-
ately and we will have chance at the next
Congressional election, aud ii not then, at
the next Presidential election to test the
sentiment of the country on the silver ques.
ton alone, unembarressed bv tariff
"What form should the proposed tariff
legislation take?"
Largely the protection of the natural
/ poiucts and raw material of the South and
/ West. such as wool, lumber, lead, borax,
4 Nda, etc These industries have suffered
snOusly from the Wilson bill, and the
tariff bill should be so framed as not to con-
fine its benefits mainly to the Eastern States
"Do you think tariff legislation will give
relief"
1t will give some relief but not to the eS-
teat expected We have an industrial sys-
tem in this country which makes it the OBJ.
jeet of attack from all other countries. Our
wages are much higher than in any othsr
country, and the unit of all values here is
the daily wage. 1t enters into and forms a
part Of the value of all stored labor in the
shape Of products, buildings and other pro.
perty. Diminish the daily wage and you
Immediately diminish the value OF such
stored labor, for new buildings can be erect.
ed aud things produced at much less cost.
Cheapeued transportation has tendency to
reduce to dead level the wages of the entire
world, for the products OF the cheaper labor
are thus brought into competition with the
products of the dearer labor. Free trade
would infiict greater injury upon this coun
try than any other, because we have further
to fall. A general reduction in wages
would bring about re.adjustments OF values
that would be destructive to the property
owners, producers and debtors We need
therefore, tariff wall to protect us agalns
the products of cheaper labor elsewhere
The wall we have, messurably protects II
against cheap European labor, but the pre-
MUM on gold has stimulated the product
ion of silver countries, for their domesti
products can be bought at the old silve
price and the silver with which to pay 70
them can be procured at one half OF its oil
value in gold. The appreciation OF gold, o
he fall of silver, whichever you term it
has, therefore, had the effect of douhlin
the efficiency of silver countries in eompet
ton with our own; and we have felt this !
the Liverpool markets as to all our farr
prodncts,
"The same cause is immensely stimnatin
Ne manufacturing production OF slve
enntries, notably Japan, India aud Gains
lney are beginning to export, and their pr'
ducts will drift inevitably to the country
Which the highest labor cost prevails, thu
Is, the United States. No tariff wall sho
II q absolute exclusion can shut out the
Products. and exclusion is impossible. II
protective measure which will guard
E against the cheap labor of gold standar
countries must be the tariff The proteetl'
Measure that will protect us against the g