The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-03-01
M'LAUR|N VIEWS
ORIENTAL TRADE
Using the Philippines as a
Telescope.
CAN'T SEE TT OTHERWISE
SAYS SOUTHERNERS NEED THIS
TRADE.
ANTLExpAssloNlsTs WOULD BLIND THEM
McLaurin Says He Regrets the Sentimental
Stand the Democracy Has Taken and
That Southern Farmers are Misled
BY False information.


Washington, Feb. 2S.--Notwithstand-
inc the agreement made by the Senate
10 vote on the Hawaiian Government bill
at today's session, the final vote on the
measure was postponed until four o'clock
tomorrow. Practically no progress was
made on the bill today, although i was
under consideration nearly four hours.
Mr.. Aldrich explained the conference
work on the financial measure. One OF
the amendments authorizing the gold
reserve To be held in bullion as well as
gold coin was added. because the faclll-
res for the coinage of gold would not at
present admit of coming the gold IN
sufficient quantity TO maintain at all
times the reserve in gold coin. The pro-
vision prohibiting the use of bond sale
proceeds to pay current Government eX-
TerlseS was due to the apprehensions OF
the House confcrees that a so-called
endless chain might be established. He.
said the. authority to suspend the ISSUE.
OF certificates where United States notes
and silver certificates in the general
tuned exceed sixty millions of dollars was
simply another way of protecting tne
reserve. The issue first of silver GER
fihcates of small denominations was
currency The additional coinage of
S2O.00O,O0O of subsidiary silver was to,
meet expected later needs of our island
possessions The authority for banks
to issue one-third of their circulating
notes in denominations of five dollars
was agreed to because banks in remote
parts of the country needed Il good deal
of currency in small bills to accommo
date customers.
Concern ng the bimetallic amendment
Mr.. Aldrich said the position taken by
the United States was that bi-metalllsm
was now impossible except by interna-
rional agreement.
McLAURIN ON EXPANSION.
Mr.. McLaurin IS CO was then recog-
nized to speak on the Philippine ques-
ton. He said:
I'm the discussion of this question
there has been manifested a disposition
10 ignore the conditions by which We
are confronted. and to project the de-
bate upon a line of political sentiment
talisn. This mode of discussion is not
only unpatriotic, but is an evasion OF
The true issue This is not a political
question.
Mr.. McLaurin strongly deprecated the
had taken in making the Philippine ques-
ton and expansion n political issue He
nointed TO the past to. show that some
OF the greatest Democrats who ever iv-
cd were expansionists and 10 prove by
their acts and measures that if it had
NOT been for them the United States
would not have been the nation it is to-
day
pIe took the ground that the Philip
pines are rightfully and legally ours by
the Treaty of Paris and that the United
States should hold them. affording the
Filipinos every opportunity to acquire
the art of government and giving them
all the powers and rights possible in the
circumstances He dwet particularly
on the great opportunities afforded by
the islands for trade between Amer cans
and the nations of the Orient. tie did
not agree with some of his colleagues Oh
the Democratic side that our trade III
the East was a mere Pigment of the i'm
agination He quoted statistics to
prove that the experience of the late dec
atie contradicted these who asserted that
our Eastern trade was not of immense
consequence.
1T is to the Orient" he said, that
we must look for markets. There must
h, a change in our policy We must enter
into actual competition for this trade.
We must as nation recognize changed
conditions. and | believe that by holding
the Philippines our trade in the ORIENT
will continue to increase, until all sur
illus products for years TO come will
find rerfnuerative markets in the East.
ABOUT THE SOUTH.
II am glad" said he, ''ro believe that
The Southern people have determined to
investigate and study this question rather
than to be led blindly by political anti