Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1897-07-31
MR.. CAGES VIEWS.
The Secretary of the Treasury Talks
to Boston Business Men,
TARIFF AND CURRENCY TOUCHED ON.
The Secretary Thinks the Revenues from
the Tariff Bill VIII Be Sumcient-No
Need of Haste the Cur
rency Question.

BosToN July 2S.-Lyman j. Gage,
secretary of the treasury, the
guest of business men of Boston at a
dinner in the Tuileries yesterday after
noon. Money was talked almost ex-
clusively, and number of gold demo-
Gratis were among those who contrib
uted to the symposium Mr.. Cages reply
was a very enthusiastic one and his add
dress was keenly listened to. The pas
sage of the tariff bill was touched upon
as incidental to what was called the
greatest problem now confronting the
country. Secretary Gage held a re-
ception before the banquet. Congress
man William G. Lowering, of Massa-
chusetts, presided at the feast, briefly
stating why Boston business men
felt SO keen an interest in national
financial affairs. Mr.. L. jefferson
Coolidge gave the welcome to Secre-
tary Gage with tri butte to the 1atter'S
position in financial circles. Secretary
Gage was then introduced. He said in
part:
The recommendation of the president for
commission was admirable in this, that it sug-
gestS a way by which a body OF well trained
and thoughtful men could be provided to con-
slider at leisure without distraction from others
pressing them, the important subject of
currency and banking reforms It. at the same
time, opened a forum to which could be admit
ted every contributive suggestion from all
there is anything dear to Americans
heart, it is the privilege of having his say.
Give him his say in court. let his argument
be heard and then if the jury is against him
he rests satisfied. To these incidental moral
advantages may be added the reasonable ex-
pectation that the commission would have
been able to gather in most valuable informa-
ton and finally to formulate wise recommen-
dations worthy of early and favorable consid-
GRAFTON by congress at the regular session next
winter That the bill which passed the house
with promptneSS failed of recognition in tn e
senate may be matter of regret, but not of
<iscouragement
last political campaign were the tariff and the
currency. One of them is already settled
Whatever the merits dement's of the new
measure in it's particular items, it has become
the law of the land. The revenues derived
from it will, after a possible brief interregnum
be ample for proper government ex-
true, that the revenue of the state
is the state" may say with
out exaegeration that the state is re-estab-
Hshed- We have also reached a point where,
with absolute data furnished, commerce and
manufacture can make correct estimates and
go upon their respective missions OF exchange
and production with sense of security.
The responsible party in power, having sue
cessfully covered this important issue,
may be safely trusted to care equally well for
the other
On the financial side there is really no press
ing need for haste There is certainly no i'm
mediate reason for anxiety. With ample re-
serves in the public treasury, with financial
centers in full supply of 1oanable funds,
with interest invitingly low, with crop
prospects most promising and good
market favorab1y assured with new min
eral resources coming into view, with a
territorial sufficient TO carry its pres
ent population many times multiplied, with
a people advancing in the elements of intell1-
gence and character, who dare indulge in dole
full forecasts? We need not ignore the fact that
there many wounds to be cured. excited
passions be Gained and many misunderstand-
ings to be composed Nor is it passing strange
that this should be so.