Iowa state bystander. [volume] (Des Moines, Iowa) 1894-1916, 1900-06-22

the free coinage Of silver at the ratio
\ OF 16 to /, without waiting the concur.
renee OF any other nation. The lepub-
Iican party insisted that the question
Of bimetallism was international, and
1 that until 1t should be settled under
| agreement with the leading CONNER
cial nations of the world, gold should
continue to be the standard Of value IN
these United States. Upon that issue
we triumphed. In accordance with
the pledge of the party an honest effort
was made to reach some international
solution of the question. The effort
failed of accomplishment. The minis
Of the countries of Europe We're open
| for the coinage of gold alone.
1.-THE logic of recent events, togeth-
er with the attempt Of the Democracy
to drag down the question from its in
ternational character, to associate 1t
with every vagary Of Populism and
Socialism, and to drive this country to
an alliance with Mexico and China, as
an exclusively silver-using country,
1uo LII pSllCO Jul pSoPlC " eAAAo oSS~AS
ment of this problem, and the recent
action of congress has eliminated the
danger which its further agitation
menaced.
"The provisions Of the bill secure
to the people a needed increase in the
volume Of. the currency, prevent the
future depletion Of the gold in the
treasury, and encourage more ex-
tended use OF our bonds by the ma
tional banks of the country. But,
above, all, the success attending its
passage has demonstrated that our
own people and the nations of Europe
have faith in the permanence Of our
institutions and our financial integrity.
Our debt is funded at 2 per cent per
annum, and millions of our interest
charge saved annually. The world has
never witnessed SO triumphant flnan-
cial success as has followed the pas
sage Of the currency law, and our 2
per cent bonds, held the world over,
already command a substantial pre-
MUM"
A. to the Philippines
Speaking more in detail of the Phil
ippines, Mr.. Wolcott said:
The future of nations, like the fu-
ture of man, is hid from mortal vision,
and no more than man may a nation
choose it's own duties. When this war
ended and we faced our victory in all
its completeness, we found eight mil
lions of people living upon uncounted
islands delivered into our hands.
Abandonment Of them would be con-
fession that while the oppression of
Spain of a million and a half OF
Cubans demanded our armed interfer-
ence. greater barbarity and cruelty to
millions of Filipinos, less able to pro-
tect themselves. was subject OF no
concern to us. No civilized nation in
the world, no Christian nation, could
have turned these people back to
Spain. Our commissioners, when they
insisted upon our retention OF the
Philippines, voiced the sentiments and
WISHES VI IAC <AA0C1iSe@A pOop-S, SSAo~
this nation has assumed with open
eyes and with full realization Of the
difficulties which may be encountered
the grave responsibilities imposed
upon us by the treaty of Paris. We
are told that the islands are rich in
all the products of the tropics, in min
eral wealth, and in the possibilities of
their future development. So much
the better. But if they were as bar
rem as the Libyan desert we would
have taken them just the same.
Eve haven't been there long, but
long enough to reach two conclusions:
One is, that the first thing we intend
doing is to suppress the Tagal insur-
rection and to establish law and Or
der throughout the archipelago. That
is the first thing we shall do. And the
last, the very last thing We intend do
ing is to consider. even for moment,
the question of giving up or Of aban-
doning these islands"
in conclusion the speaker said:
"Whateyer may be in store for US
In the new and unbeaten track upon
which we are entering, We shall not
be found with the unlit lamp and the
ungirt loin." Our way is new, but it
is not dark. In the readjustment OF
world conditions, where We must take
our place with the other great ma
lions of the earth, We shall move with
caution, but not with fear. We seek
only to lift up men to better things,
to bless and not to destroy. The ia
theirs OF the republic accepted with
courage such responsibilities as de-
devolved upon them. The same heav-
ems bend over US. and the same power
that shielded them will guard and pro-
tect US. for what we seek is to build
still more firmly, always upon founda-
lions OF probity and of virtue, the
glorious edifice Of the republic"
To