The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1897-06-12
TARIFF, THEN CURRENCY
Secretary Cages Promise OF Our
rency Legislation Is Commended.
His Promises Were Omciai and Au-
thorixed by the President
Tnrin Being Pushed
I'm the Senate.
IspeciaI washIngton CONGREGATIONAL

No official utterance since President
McKinley's message to congress has
been received with such interest and
commentator as that of Secretary
Gage in which he promised currency leg
islation following that upon the tariff.
1t would seem that the people ought
not TO need reinsurance upon this sub
| ject, but they evidently did. for Mr..
! Cages remarks have been the occasion
! OF much remark and much rejoicing in
every direction. 1t is understood that
they were submitted TO the president
before leaving and approved by him.
which of course strengthens the assur-
ance they give of action.
The Demand Being Met.
The pressure ON the part OF the pub
lie for prompt action is kCenly felt by
members of both branches OF congress-
and by the president and cabinet. The
result is seen also in the fact that great
er speed has been made on the tariff
bill than was ever before known in the
history OF an administration. Not even
the administration of Abraham Lin
coin. which found the country in the
throes OF dissolution when IL came into
power, accomplished so much in SO
short n space OF time. President Lin
coins first congress did not even meet
until July 4. the date Mt which Presi-
dent Mckinley hopes TO affix his sig
nature TO the completed tariff act.
And there Is good reason TO believe that
his ambition in this respect will be re-
allied. Splendid progress is being
made in the senate on the tariff bill.
and there is disposition on the pnrt of
the senate TO restore house rates in
many features OF the bill so that the
probability of friction between the two
bodies or delay In final agreement is
being constantly reduced. Not only
are the republicans acting as unit
on all matters pertaining to tariff. but
they are constantly reinforced by GER
tain of the democrats and populists.
Senators Stewart and Jones, of Nevada,
vote on every occasion with the repub-
licans for protective rates in the bill as
il is being considered paragraph by
paragraph in the senate, and Senator
McEnery, democrat. also cooperates
with the republicans in most cases and
will vote for the bill. The speed being
made in the senate on the bill is thus
far phenomenal. and unless some OBJ
stacles arise the bill will pass the SEN
ate with greater promptness than any
other tariff bill for many years.
The Cuban Question.
The popular demand for action on the
Cuban question, while still indicating
intense interest in and sympathy for
the struggling Cubans, is less ex-
treme in it's pressure for in
slant action. The people are
evidently beginning TO realize that the
president has definite plans which will
result in prompt and vigorous action,
but which cannot be completed and put
into effect until he receives full infor-
nation from his own representatives.
sent 10 Cuba. Judge Calhoun, who has
been in Cuba during the past fortnight
obtaining information for the use of
the president and state department, is
now on his way home, and with the In
formation which he is expected to
bring there is reason to believe that
before many weeks the president will
announce definite policy, and one
which will not only be advantageous 10
the Cubans and promotive of peace
but will bring credit TO the United
States and credit to the administration
OF President Mckinley.
The Currency Question.
The one subject upon which there
has been evidence of great anxiety in
that OF national currency. The pres
sure for action upon this subject is
somewhat abated by the recent utter
ances of Secretary Gage in his Cincin-
natl speech. in which he gave nssur-
ances that after the tariff Is disposed
of this subject will be taken up and the
pledges of the party in this particular
redeemed as they are being redeemed
in regard to tariff, bimetallism, the Gu
ban question and other matters of ma
tional import
Had Democratic Figures.
The arguments of Senator Vest, who
Is leading the tariff debate on the dem
ocratic side, have lost much of their
weight by the discovery of errors in
the formidable table which he present
ed In his opening speech and by which
he attempted 10 show that the Wilson
INV uuu htluuldlch tNpOhls VI Hlunu-
features. More than half OF his state
mcnts were at variance with the official
figures Of the treasury department,
while In nearly every case an examinn-
ton showed that the percentage of
gain In exports had been greater under
n protective tariff than under the Will
son tariff.
business stiIl Improving.
business reports from all parts OF the
country continue 10 be encouraging.
Dun's review Of last week shows that
the quantity OF business handled
through the country is nearly as
great as in the years of greatest pros
perity, the May business exceeding
that Of April. which was within ten per
cent. of the largest on record. While
the margins of profit are smaller than
hereto fore the amount of huQfneaa