The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-05-29
TARIFF AND CURRENCY
TWO TOPICS DISCUSSED BY THE SEC
RETARY OF THE TREASURY.
Authorized Statement in Behalf OF
President Mckinley and His
Administration.

CINCINNATI, May 2S.-The programme
of the closing day of the union meeting of
the Commercial Clubs of Boston, Chicago,
st. Louis and Cincinnati was interrupted
some by inclement weather Still the cleo
trio cars started for the Kentucky high
lands at an early hour with over two hun
dred prominent business men aboard for
the outing. At Fort Thomas the visitors
witnessed a salute of colors in honor Of
Secretary Gage, who was in the party. At
noon luncheon was served at the clubhouse
on Latonia race track. at which the famous
Kentucky burgoo was among the soups.
Tonight there was a banquet at the Cliff
ton mansion of Alexander Mcdonald, who
was host for the Cincinnati Club. Among
the speakers was Secretary of the Treasury
Gage. He said in beginning his remarks
that before coming here he had called on
the President and asked permission to say
for the administration that there must be
proper revenue raised, and there must be
a sound system of currency established.
The President said: THAT is exactly what
l want you to say" Continuing, Mr.. Gage
said:
LAS / have observed and listened to the
words passing from lip to lip among the
members of the commercial clubs gathered
here, discover two particular themes
which have a first place in the thought of
all. These two themes are the tariff and
tR emeh RuO Of these two Gaestons
terprise waits and industry languishes.
over fifty times have been
asked, When will the tariff discussion end
and the measures proposed receive the final
vote which will formulate the measure into
law" over fifty times more / have been zen
which the people struggled in November
last been forgotten Now it is not to be
borne the burden of anxiety and fear who
have so long waited and watched FOR the
restoration of conditions upon which some
should grow nervous and impatient over
every act or word which seems to suggest
doubt or delay in the establishment OF SUCH
II have thought that on this occasion L
could do no better service than to give you
needed assurances and hope. AS TO the
great fabric now before Congress known
as the tariff bill, | have nothing to say IN
detail. L want to bear testimony, however,
to the zeal and good faith OF those IN DOM
houses who have that measure in charge.
They are fully conscious OF their great re-
sponsibility and are worrying ialthL .Ly 70
ponentS of these measures are llKely 10
oppose with willful and unjust Instructions
the course of legislation. Protest, tnere
will be- more or less fencing for position
must be expected but having now come
into contact with many OF the representa-
tives of the people in both houses OF Con-
gresg | deem 1t my duty TO bear witness,
SO far as it may have value, to the honor
abIe and patriotic motives that inspire the
minds Of the majority whether upon one
side Of the house or the other, and proph-
esv an early result in the national councils
to which this great commercial question
is now committed.
II make these remarks, not to defend
bodv for whom ] hold no commission 10
sneak but to correct, in one direction, X
| NAV the operation OF an injurious sehtl-
ment.a sentiment which Is sewing eVil
seeds in many directions. 1t Is diVldihS
classes. destroying unity and breeding
hatred The one word for that sentiment
is 'distrust.' Faith and courage lead 70 con-
quest and victory. Distrust paralyzes ana
LAS TO the financial question, to which l
have already referred, ! must content my
self with few words, | am glad that tn e;,
may be words of assurance. If any OF you
harbor the suspicion that the ldm!nlstI ia
ton, but just installed INTO tne re-
sponsibilities of high office. has Forgotten OF
pie whose voice in behalf or non
est money and sound nnances rang
out loud and clear in Novem-
Der last put that Suspicion d 80.
and in proper order, the affirmative evil
dences of my declaration Will appear. IN
the meantime, my friends. 90 your par 70
help those charged with le6lslatlNe "i 49, 90
minjstratiye duties. DO not let the inertia
engendered bv fear and distrust creep over
YOU We have been passing through pc
Rod of great trial and nobly we nave en-
dured the strain, me nutt ,iad Win Tationa1
hope The revival of industry Is hear' qlu
with the establishment or Il revenue Jaw
sufficient to bring into the treasury an
amount adequate to meet the IedSOhStble
neads of orr government, and with the eS-
Establishment of our finances on q souhu
and enduring basis, nothing loreseeil 81, a
DELAY the recovery OF past losses, anu lle
inalleuration of a new forward moVemeht
aionf the lines of material advancement
and social progress, which we may NUM-
biv trust Is in the benevolent MIND OF God