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Show MS TARBET DISCUSSES NATIONAL NA-TIONAL ISSUES. (From Salt Lake Herald, March 14.) Alexander H. Tarbet, the big mining man of California, Montana and Utah, returned to his home in this city yesterday 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 a noose around the people's necks; they can strangle them v,hen they pleawe by contracting the currency, or they can give them a 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 a panic for the next campaign and ascribe it to the fear of Democratic success, or to make Wall street hum and ascribe the increase in-crease to the blessings of Republican lav.g. Nobody in the east doubts their power to do either under the new money law. "Under the old law the treasury had the power to pay its obligations in silver sil-ver if it wished; under the new law everything 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 gold alone; the burden of gold has been more than doubled while the gold .reserve in the treasury has not been increased a dollar. "When the money sharks of Wall street wish to create a panic all they i have to do is to throw their securi-I securi-I ties on the market, cause a run on the gold reserve and force the government to sell more gold bonds to replenish it. Ill other words, the nation is now just exactly where W. J. Bryan said three years ago the Republicans would put it in the remorseless grip of the money trust." I Speaking of prosperity, Mr. Tarbet said: "It is a case of 'me and God' with McKinley. When he speaks in Sunday schools he urges the children to thank God fur the bountiful harvests in this country, the famine in India and the i war in South Africa. When he makes a political speech he expects the people to thank McKinley and his party for their prosperity. I 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 ana trusts; tney elected him or rather bought his seat for him." Speaking of Democratic chances in the nation, Mr. Tarbet said: "I con- i sider them very good. Thousands of f Democrats who left the party in 1S96 on the silver issue, consider that this new law settles the money question for at least five years and are back in line I on other issues. Mr. Bryan is the only j candidate being considered. "Gorman 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: "I am heartily thankful to my Democratic 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- i ially when there were so many splendid men that the convention had to choose from. I appreciate it and am glad of an opportunity of saying so to those who selected me." Asked as to whether he would vote in the convention for Bryan, Mr. Tarbet Tar-bet said: "Everybody is for Bryan in our state, and I understand we are pledged to him anyhow: but courtesy to the other delegates demands that I 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 dodged a question on this point. As to local conditions he said: "You may say for me that ail the time I can spare from my mining business I shall devote to carrying Utah for the Democratic party and that I am for the Bominees 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 wa in the east on private business and had nothing on that subject for publication. |