The Intermountain Catholic. (Salt Lake City [Utah] ;) 1899-1920, 1900-03-17
MR.. TARBET DISCUSSES MA
TIoNAL ISSUES.

CTrom Salt Lake Herald, March l4.)
Alexander H. Tarbet, the big mining
man of California, Montana and Utah
returned to his home ia this city yes
terday afternoon after an extended stay
in New York on important business IN
connection with his mines.
THE money magnates of Wall
street said Mr.. Tarbet in discussing
| business and political conditions in the
east" are resting easy these days, In
the bill that is now going through in
Washington they have moose around
! the peoples necks; they can strange
| them " hen they please by contracIlIS
| the currency, or they can give them d
little rope bv expanding the currency.
In either case they have complete
/ control Of the situation and they know
/ it and enjoy it. They are debating now
whether they will create panic TOT
| the next campaign and ascrIbe 1t to the
fear of Democratic success, or to make
! Wall street hum and ascribe the IN
crease to the blessings of Repupllcaa
laws. Nobody in the east doubts thelr
power to DO either under the new
money law.
Under the old law the treasury had
the power to pay its obligations in Sill
yer if it wished under the new law eV-
erything must be paid in gold Not
only that but now all the government
obligations that were formerly based on
gold and silver are now based on goIu
alone; the burden of gold has been more
than doubled while the gold reserve III
the treasury has not been increased a
dollar
when the money sharks of Wall
street wish to create a panic all they
! have to do is to throw their Secufl-
ties on the market. cause a run on the
gold reserve and force the government
to sell more gold bonds to replenlsh It,
In other words, the nation is now just
exactly where w. ]. Bryan said three
years ago the Republicans would put
tin the remorseless grip of the money
trust"
Speaking of prosperity, Mr.. Tarbet
said: 1T is a case of me and God with
Mckinley When he speaks in Sunday
schools he urges the children to thank
God for the bountiful harVests in this
country, the famine in India and the
war in South Africa. When he makes
a political speech he expects the people
to thank Mckinley and his party for
their prosperity. l consider William
Mckinley the weakest imitation of a
man who ever sat in the White House
He has reversed himself on silver on
the Porto Rican tariff and on every
other question except his allegiance to
the combinations and trusts; they
elected him or rather bought his seat
for him.
Speaking of Democratic chances in
the nation, Mr.. Tarbet said: Il con-
slider them very good. Thousands of
Democrats who left the party in 1896
on the silver issue, consider that this
new law settles the money question for
at least five years and are back in line
on other issues. Mr.. Bryan is the only
candidate being considered.
German is too shrewd to enter the
race when the whole nation is for
Bryan. The New York Democrats are
working hard; they have an uphill
fight but they are bound to carry the
state"
Speaking of himself, Mr.. Tarbet said:
q am heartily thankful to my Demo-
cratic friends in Utah for choosing me
as one of the delegates to the national
convention This is an honor of which
any man might well be proud, espeC-
tally when there were so many splendid
men that the convention had to choose
from. l appreciate it and am glad of
an opportunity of saying 50 to those
who selected me-"
Asked as to whether he would vote
y L
bet said: Everybody is for Bryan in
our state, and l understand we are
pledged to him anyhow; but courtesy
to the other delegates demands that 1
say nothing on that subject until the
whole delegation speaks"
Mr. Tarbet was mentioned in the
eastern press as a probable aspirant
for the United States senate. He lodged
a question on this point. AS to local
conditions he said: You may say for
me that all the time 1 can spare from
my mining business shall devote to
carrying Utah for the Democratic party
and that l am for the nominees of that
party whoever they may be-"
Judge King should be elected by an
increased majority" he thought There
was no good reason why the people of
Utah should reverse their judgment and
go back on their political principles.
Mr. Tarbet said he was in the east
on private business and had nothing
on that subject for publication.