The daily morning journal and courier., 1897-01-27
IN HONOR OF T. c. PLATT.
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 caused the demand for gold, nor was it the greenback that shut down mills and reduced the opportunities of labor and the earnings of investment.
 It was the Wilson tariff law which did these things, and there would have been just ab much gold to raise and just as much trouble raising it had the burden fallen on the banks instead of on the treasury, and even then there would have been an enormous treas ury deficit. The trouble came with the revenue law, and the remedy is to be provided in the same way. No legisla- tion is now necessary for the mainte- nance of the gold standard and when we have replenished the treasury, re- stored the public credit and set the country's industries again on their feet there will be time enough to look after the legal tenders, and to revise our no doubt disordered currency system,
 There can be no pretence that the American people do not desire to re- turn to the protective policy. They gave a very much heavier majority in 1894 against the Wilson bill than in 1896 against all the combined vagaries of Bryanism. The question is not whether they will adapt themselves to a system of production which must be based on lower standard of wages than has heretofore prevailed. They do not want to adapt themselves to such a system.
 The question is not whether revenues can be provided sufficient to meet the governments necessities by patching up the Wilson bill with new internal taxes The people do not want the Wilson bill patched up. They want 1t repealed and in it's place their plain demand, to which the election of the successive republican n1ajorities in the house of representatives sufficiently testifies, is for the enactment of an in- telligent and consistent tariff based in every schedule upon the principle of preventing the foreign producer of goods which compete with American goods from wholesaling his wares in the American market at prices which compel the American maker of such wares either go out of business or to reduce the wages he pays to his labor.
 If there is no other respect in which the country is to be congratulated up- on the result of MT. Clevelands admin istration, it may be admitted that since the present secretary of state assumed the direction of our foreign affairs, the position of our country abroad has im- proved. It has been demonstrated again that the consistent upholding of American interests in foreign lands does not necessarily involve disagree able relations with foreign govern ments, and that the just influence of our country can be preserved without offence to our neighbors.
 I have had no fair opportunity to ex- anime the text of the arbitration treaty or to consider the possibilities that may arise under it's various provisions. but with the principle involved 1t seems as though all civilized men must be sympathetic. A war with England would be unspeakably wrong. and it ought to be rendered impossible. In deed. as a matter of fact, there is noth- ing in our situation to call for war with anybody.
 The cause of liberty is always noble. It always deserves to succeed. l look to see the time when the people of every American country will govern themselves without theoretical or other interference from any European sover-