The times. [volume] (Richmond, Va.) 1890-1903, 1897-06-29
ing almost to fanaticism. which animates

ing almost to fanaticism. which aninates
the free and unlimited coinage OF silver.
has already caused them to temporlIe
with the tariff question In order TO gain
supporters Tor the silver cause, but tho
passage OF the pending bill so clearly
forces the Democrats into an attituns
OF uncompromisiug opposition that II IS
already being said that the next party
declaration regarding the tariff must be
clear and emphatic, allowing no room
for e~quivocation or evasion. Nor VIII
the effect upon the Republican party 10
less important.
NEW REPUBLICANS POLICY.
The bin as the embodiment OF Rcpub-
lican principles and sincere beliet IN
the character OF protection that VIII
benefit the country. indicates a new de-
parture I'm Republican policy.
The bill is rather monopoiistic than pro-
tectlve. II is framed principally 10 secure
| to the giant corporations OF the country
the domestic markets and gives but mt
tie heed TO the individuals engaged IN
the various practical industries. There
has never been a bill in which the favors
10 the trusts were so clearly apparent,
and an analysis Of the measure SHOWS
that the mere existence OF n trust mas
been considered sufficient reason Tor
, Milling M duties far beyond what might
be considered a protection point.
\ REPUBLICAN, SENATOR'S VIEWS
\ Republican Senator. speaking frank
w to The Times correspondent to-day
said: "A duty of 30 per cent. on all manu-
featured goods would be clearly "a pro-
tective duty. l think that gives the best
, OF il by this percentage. that American
producers cannot only hold their own In
the home markets. but can exclude for
eign goods
Many Of the duties I'm the pending bill
exceed IS per cent. two and three times
over. so that IN their greed To give con-
troll of both the markets and prices TO
the tariff benchc.aries. the trainers of tho
bill have gone far beyond the protection
stage. and have made IL clearly. and
without attempt at concealment. monopo-
listic in nearly every feature.
A defence OF the measure necessarily
involves also a defence OF its aims u
purposes, and draws at once the line be
tween the antitrust and the trust OF
parties of the country.
ANTITRUST AMENDMENT.
There will be an antitrust amendment
To the bill. but it will not be effective.
and will not be intended 10 be effective.
II will. therefore. deceive no one. and the
trusts. as a future political issue. loom
up more portentOusly than ever before.
In the general shifting about OF party
lines. which has been observed during the
last two years IL is now f~oreseen that
the trust question must play an Inn
portant part in their final adjustment,
and the Republicans. as II Drawing the
issue. have brought SO prominently 10 the
front with their proposed tarin legisla-
ton. that IL may possibly ogershadow
every other i'm the next Presidential cam
paign.
A glimpse OF future complications lke-
~ to result from the very important ac-
ton the Senate will take IN passing me
bin. causes some of the Democratic lead
ers 10 question the wisdom OF continuing
the silver agitation al the present time.
GREATER THAN SILVER.
While there IS no probability that sil-
yer will be abandoned. IL is considered
possible that other questions may arise
OF greater importance, and In the proper
| settlement or which the efforts or all
Democrats may be required. n IS for
thie reason that the leaders discourage
10 some extent. the policy or making
silver and the Chicago platform an issue
I'm state campaigns. Party unity. they
perceiye. may be OF the utmost Import
ance TO the country a few years hence.
and. for such unity. they declare the
foundations should he laid now. These
arc some Of the changes both In the poll
! cles OF the two parties. and the sentl-
ment Of their members. that are resulting
from the present tight IA the Senate. and
tha, they must have an important enect
upon the political events Of the future,
no one IN Washington questions.