The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1898-09-19

about to be committed and will recoll
| from it,
! Speaking of the record made by the demo-
cratic party in congress with regard to the
war Mr.. Bailey said: 1T cannot he
| charged that We did not give the admin
| istration loyal support upon every PROPOSE
| ton but one-the issuance of bonds-and
| subsequent events have shown that we were
| right in opposing a bond issue. il for no
| other reason than because such an ISSUE
was not needed. AS q matter of fact the
| war ended before the bonds could ne az.
| liyered to subscribers, with the result t'iat
| there is piled up in the treasury an ehoin-
| Gus surplus of money, to which every
! days receipts is adding Somethln% ne
| secretary is .levi5ing methods of getting
| rid of it. because a serious congestion Is
| feared if the drain from the circulation IN
| to the treasury is continual say WIZ,
| they please with regard to the matter inc
| republicans wrong in t!eir position
and the democrats were right
Stone and the Party Success.
Former Governor Stone of Missouri. who.
| although out of office, is regarded as
! the democratic leader of that state, mas
| furnished an interesting contribution to the
| discussion of matters political through Ihe
| New York Journal. Governor stone Is re-
J Earded by many democrats as the most
likely man to be chairman of the demo-
cratic national convention in the next
presidential campaign. and for that reason
his views are regarded as particularly s!s
niflcant However whether he Is chaT
| man or not, He IS sure to be acl important
factor in shaping the work of that cam
paign, and Il leading western oclhocia'
his views are interesting.
Of the issues of the next great pFe''in'i
1ial camnafgn Governor Stone writes:
I'm M opinion, the next de1nocfatic no
ticna convention Will again oeci"ie hoi
the free coinage of silver. and II VIII pe
done by Il practically unanimous Vote' h""
party, as a whole, is intensely N earnest
In It's advocacy of bmetaliic coinage H.
will not cede from this position; it VIII not
go backward.
az believe ;ha rcxt national democratic
convention will also press our ma'ltiii0
interests to the front and make the iel!n"
llitation Of our merchant navy n"",''s
Issue Of the campaign. L say ISSUE W.
cause any serious effort 10 repuIlu Wv"
merchant navy on large scale WIN l'9
cessitate a bold assault on those repuoiicah
policies which have destroyed our haIitiii'
interests Cor the benefit of special mo
nopolv and because the existence OF Il
treat merchant navy would of itself put
forces into operation which Would SUI
demolish that whole fabric of protectoh
so artfully contrived by our republican OPP
ponants
IF we expand our maritime Interests
of the seas. must control the maiketS
OF the world. But this we cannot 90 II
we exclude others from our own mar
kcts If we put Private and Exclusive
over the gateWays to our ports, We cahhot
expect Il free welcome into the pofl9 %
other countries
The two things are inconsistent and I'M
possible. But we should fill the seas with
our ships What we need above all Things
are markets. The productive capacity oil
our country, already great peyohd com
paris0n can be quadruplod; and the lnVen-
tive genius and business skill ana enter
prise OF our people are confesSedly superior
to all others II we undertake In dcAd
earnest to do the carrying trade of the
world and TO control the worlds commerce,
we will soon outstrip all competition.
Think what we might do if we should do our
best.
A Great Opportunity.
Let me illustrate: OF our enormous cot
ton product we manufacture only small
per cent q will not venture into statis-
tics otf-hand.) BY far the greater part is
shipped abroad, fabricated in foreign mills,
ana made the basis OF a vast commerce
for foreign countries. All This cotton is
manufactured somewhere. It is transported
in somebody's ships, and the manufactures
are sold somewhere in the markets Of the
world.
"Why should not we manufacture our
own cotton, carry the goods in our own
ships, and sell or exchange them ourselves
to those who have need of them? If this
should be done it would greatly enhance
our manufacturing interests, give employ
nent to thousands, and by stimulating de
mand increase the market price OF the raw
material.
wv hat is true Of cotton Is equally true
of other things If we find ma 'lleta to alb
SorD our products, the mllLs and men 10
make them Will follow; they viii ali grow
up together. Can we find the markets?
|