Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1897-08-21
THEY WILL RESTORE PROSPERITY TO
THE COUNTRY.
Congressman Newlands Outlines What He
Believes Ought to Be the Future Policy
Of the Silver Men Of the Nation.

gresham Newlsnds OF this State, deliv-
cred In the House Of Representatives
Tuesday, March %, 1897, the House hsv-
ing under consideration the Dingley tariff
bill. Mr.. Newlands discusses the ques.
ton from the standpoint Of q silver pro-
tectionist and outlines what he considers
ought to be the future policy Of she silver
men:
Mr.. Chairman and Gentlemen OF the
Committee 1 propose to discuss this
question from the standpoint of a Silver
party man, q member OF that large organ
ization Of silver protectionists who in the
last campaign formed an alliance with the
Democracy and Populists in the support
of Mr.. Bryan for the Presidency. an ALI
snce which still exists, and which will
continue, and which will eventually result
in an amalgamaiion Of the allied forces
into one strong party, With bimetallism as
the dominating issue, all other questions
being subordinated to it,, and the largest
independence of action and variance Of
view upon other questions being per-
mitted.
The question now arises upon this bill /:
What shall be the action Of those allied
forces? Shall they endeavor to combine
in opposition to this bill, or shall they ex-
ercise liberty OF conscience and independ-
ence OF action according to their conyic-
tions with reference to this economic
question They are divided into free
traders, those who are in favor OF
tariff for revenue only. those who are in
favor of moderate protection, and those
who favor q thoroughly protective policy.
They have 10 in their power in the other
House by a union of action to obstrucs
this bill. and they probably have it in
their power to defeat it.
On the other hand, the action OF q few
men belonging to the allied forces in the
other House will result in the passage of
this bill and the elimination Of the tariff
"a q disturbing element in the future con-
sideration OF the bimetallic question. So
far ss I I'M concerned. I am free to say.
pIoteCtlpuisb tuOuHu 1 nnt WSott
not hesitate q moment, If I felt I could
advance the cause OF bimetallism, TO put
the knife into this bill, 20 obstruct and
defeat ID. But I do not believe that this
10 the time or the opportunity for favor
able results from any obstructive policy.
I believe that at the last election the
people Of this country declared in favor OF
protection, whatever they may have de-
clared upon other questions. I believe
that IL the Democratic party had accepted
the challenge OF the Republican party and
made the issue upon the tariff. they would
have gone down In overwhelming defeat.
As IL Was, they acted wisely, announced
truce regarding the tariff. made the money
question the dominant issue, and almost
snsiehsd victory from the most desperate
conditions.
/ believe that the country has
given the Republican party con-
tract for prosperity. They propose
this as the sovereign remedy. Whether
~ will prove to be such or merely
palliative or quaok remedy, time only
will determines; but the people Of this
country. suffering as they are from the
direst disaster, are. in myjudgment. TO be
educated by events and not by arguments.
I trust, therefore, that this bill will pass,
because I believe 10 will clear the way for
calm, dispassionsse consideration Of the
bimetallic question.
Having said this much with reference
to the policy and the action Of the silver
men. I have something to say in reference
to . financial and industrial policy. which
In my Judgment will alone secure an en-
during prosperity and protect alike the
factory, the farm, the plantation, the
mine-a genuine American policy that
shall protect every section, every class,
every individual within our boundaries.
COMBINED PROTECTION AMI ILvER LEeIsLA.
TIoN.
I believe in combined protection and
silver legislation. I believe that both are
essential to the prosperity of the country.
I believe that the alliance Of protection
and the gold trust involves . contradio-
ton. Protection means q raise in prices,
or, Of all events. q sustaining Of prices BY
eliminating foreign competition. The gold
trust means lowering prices; 1t means the
appreciation Of gold and 9 dimunition in
the value Of products and property as
compared with gold. So that protection
and the gold standard involve " con-
ficting, contradictory forces. one operst-
ing to sustain prices aud the other having
the inevitable effect Of lowering them.
II I could by my vote in this body or
by my influence or voice aid In securing
the passage of q measure that would give
this country higher protection, adequate
revenue. and At the same time the free
eoinAss Of silver, no effort Of mine would
10 spared new and to-day 10 secure that