Show SENATOR CAM CANNON RETURNS I 1 statement of conditions condition sin in the orient STANDS FIRM FOR SILVER hiis his convictions on the financial question strengthened oy dy what he learned in the far easta east A I 1 platform of his own senator frank J cannon re friday ight from hi his hii i long visit japan and nd abiva on which tour he wee was accompanied by senators dubois and pettigrew he returns stronger it possible than thim ever in hie his convictions on the financial question and is firm in the belief that the free coinage of silver and gold at the ratio of 16 to I 1 I 1 is the only lasting panacea i for the finance troubles of the nat loi he lie was interviewed last night by a reporter as follows prefacing bis his remarks with the statement that the interview is in no noway way a formal of the trio and that it contain contains only hie his own personal views there will be nu no formal statement made until the return 0 to o this country of his colleagues sena tore and pettigrew who are on the tile pacific he ile continued we had tied good opportunities for making observant ob one which bich were the object of our journey to the orient numerous conferences were had with the leading men ot of japan the men through whoso influence that empire adopted what it calle calls the gold at standard and ard in addition ti tj this we ae examined the industry of the coilin country try those to which have been applied the tile modern methods and the innumerable home industries hied which am carried on now as in centuries gone there ie Is very little to fear at present from the compelio comp elit oa of japan in manu she has destroyed destroy ed much of her advantage advant tg by adopting a policy which was dicta dictate tea fl from Ene lacil with her vast stand standing ing army and with an increase of taxation such as is meditated by the present administration in japan jadan there are not nit the same inducements for the iu vestment investment of capital in large factory system systems besides the difference of exchange change i ja nor in favor ot of china to the extent of r early 12 per cent and astle as the I 1 latter empire is likely to remain on the tile silver basis the stimulus to oriental manula turing ii largely in china in the latter empire we conferred with ij li hung flung chang aid and other leading statesmen officials and financiers we traversed the country as far as tb th great wall and beyond aad examined into the agricultural el al nation e found among be this ruling classes a deter defer mitia mi naion tion to maintain silver as the basis for or their money r hatem and an expectation that large developments of resources and vast establishments of modern in duehea would quickly ensue why did japan go tu to the eold gold standard for the same reason that other nu eions domin do minted I 1 leq by the sentiment of powerful financiers fir lancers rather than by tto the desire for popular welfare have gone to the gold standard the classes with fixed incomes the classes avith cooney woney fixed at low rates of interest the classes who now have power and do not wish tu to ee see that power disseminated inore widely saw in the rapid developments of energy and v in japan under the silver standard etan dard a menace to the trio concentrated wealth and the privilege arising efrom aw saw in it a menace to autocracy and in it the eventual overthrow of monarchial institutions by the people enfranchised from poverty and therefore they determined to do by a mere change in the tile money system what all other forced would ham ha failed to 0 do o namely to throw back tb determination of the people reduce them to 0 o more aba abject ct conditions condi tiona and thus bold hold away over them indefinitely As I 1 remarked in the tile beginning I 1 do noi not wish to anticipate the formal re dort which will be maddon made on this ab pub eject nor would it be proper now to quote the exact sentiments senti mente expressed to ue us by men in japan but tuition it to ey say that some ot of them uttered statements that justify the foregoing remarks and dia eo so with no apparent reluctance the japanese are a patient painstaking arti artistic otic polite and chivalrous people inoculated with a most moist warlike spirit with ith a present high devotion to the emperor but j witti with revolutionary sentiments against the influences which surround tur round the court courte they are u tot a aa the equal of the chinese t but inasmuch as they are united in ther their the ir r purpose to a considerable rable extent the they seem more powerful to the world the hel rulers ot of japan not inc including ladIng the emperor tince since he is i not the real ruler arp a aware of thesa tendencies in to the race and fear their on an japan hae flag almost geroyed de der royed bertela hern it by attempting to maintain tho eold already alarca jy ere abe finite finds it more difficult to catain loane of money thun ami the abe had expected she hae has even deferred the date when the gold stand landard Rid shall boino go alno operation and it begins lo 10 look ae as it if the cruelty which pram prompted apte d the charice in the tho money standard etan dard already stood ivalle ap palled at the probable eff Pets W what 11 at reason lesson have you to think vaal A china will re remain mainon on the silver bases the aeu assurances ranes given to as us by men whose influence la is paramount la ia the em empire p i ra and winch which are of the most pot poe iriv etive e and unequivocal character these ita statesmen for they are nothing less are vie viewing w with tb interest the dutile attempt of japen and aie ate ready to lake take advantage ot of the situation as it stands and to maintain that advantage for their people through all ticie time it possible china is also 1 seeking loans loathe with which to develop tur natural but it i ehe she shall ail fall in the world and it I 1 if not likely that she will fail her own people are in a poti position tion to advance much of the money necessary fir lr he the building of railways and establishing ot of industries A considerable impetus was elvea to the tile investment of capital and the eata blien meat ment of large industries by the t tation of japan and the loss of japans prestige ige and the statesmen of china will not allow any change it it the financial system by which these advantages shall be lost loat it is probable that an open mint will be established at ah an early dale date for the coinage of silver alone it is barely barely IDD possible oos sible Seible that china may also coin cin j gold but thia this is not at all likely Is here there a menace to american manufacturing toc fac turing front chinese competition yes and a serious one A menace ervast eo vast that no do protective tariff will wilt guard us against it the labor of chinese factories is skilled it is drawn from the inexhaustible fount of nearly of population it is the most patient hardworking hard working abstemious labor in the world it averages less than per day ot of our money it produces as tie much per capita in factories and in mills as any labor in them the world orld china can produce as ouch cotton as ebe she needs she can draw from the mon solian volian sheep flocks all the wool necessary for the world she has in two to provinces act u it is stated by engineers and others with whom I 1 conversed more iron and coal contiguous than is to be fondd within the en ell tire fire boundaries of the united Sta state she is making and all kinds of arci iron ll 11 and steel fit fittings fitti tinus nue it will not be many mari v year years if i financial conditions throughout the erth parth remain as they are now until china will be anex an exporter Dorter of all the tile things which bich elie site has formerly bought from civilized lands what is the situation of agriculture in both japan and china we found the agricultural population mare prosperous than it has nver ever been in the history of the empires they sell their agricultural products to other linds at as good a price aa as they ever ir craved while the distinctive i product products of our own coultry and europe have been will abd exception t except ioa of occa aberrations oi ol wheat steadily falling failing la in japan they use american Amer iran wheat I 1 asked a well informed gentleman why they did not raise th their i own wn breadstuff 6 afe and he lie replied thit chattney i ta ney I 1 found it more profitable to raise i I 1 sell it to the world especially so long as 1 could buy Amp american rican cledt at 60 cel per bushel bubbel th s was before the sudden rise ia in atio wheat price some of the intelligent japanese and many chioe china e had obier observed obi ervert ved the steady downward trend in the of ofir cereals and notwithstanding th standing an occasional fluctuation ebey believed that their labor ier 20 cents a day in mono monet or 10 cents per day in alir money could better afford to buy american wheat than man to raise their of course back in the country this would not apply as the vie cost of transportation a from the seaboard would be too great griat do you think of senator wol wl cottle iniFe ian abroad it would be ungracious in me to tal comment upon the reunite of senator wol cotis cows mission inasmuch as he has to be interview ert perhaps he ho has some report of to wake at a later time I 1 earl only refer you tu to the comment I 1 made in an interview published ebed in lit THE tile STANDARD at the time it was proposed to appoint the siou to q eure eure ar monetary conference I 1 said then that I 1 Leli believed eved such an end wag was impossible of achievement me t that england engan would not enter into flueh a conference conference that it arrangements were had they would be purely to secure RB an academic discussion without advantage to ahti th people lb of the united states I 1 voted lor lorlie t b e al for the commission solely on this bround that the next beet best thing to securing international agreement asre ement for free and unlimited coinage would be to find out positively that we could cut escure such an or agreement and that we must then work tor for independent bimetallism or none I 1 should judge from your remor kik that yen are as strong as ever in your 1 convictions on the monty ques ion j j I 1 have not changed my b belief 11 1 0 1 tri lots in fact tie te experiences 0 of f alie I past few months while thy co could uld strengthen my m conviction which waa va abool absolute ute have strengthened the avul mente ment upon which that cavit ciol is bad based I 1 do noc regard the p glow of prosperity as being any thing more then the tile bacin flush wiil cornea comes lo 10 a when lift lio la to reaching tha last lost and arid crisis of hc hip disease there can be bt no real and permanent prosperity to abe people of me united etalee until thera them ie is a change in the money system and to this t nd ad all the people interest cau catt only bo served by geri gerneral eral prosperity labor unceasingly and undeviatingly it re remains inaina therone the oni great issig before tb th people of the he united lit ites and 11 vicy abose a it because a there ilis ha come coille a jull ill in t the torm storm of adversity they will find to their that ifie torm will be renewed when they are wt lear t ebl witt iVand it what do en you think of the ohio caia earn lam am very s irry sirry that all of the individual bimetallists of abe slate did not unite to support the ole democratic canci dates dittos there is no excuse in thie this country at bis this time for tho the div sion of hi me tallie a bin in politics division Divi eion of 0 birt biquet et alliett make in many instances tile victory of the minority and a local or ee beveral ciral triumph of the gold monomial lists hots and the trusts what do yon you think cf d recent politics in utah I 1 can only reiterate about utah what I 1 eaid said concerning ohio there ie is oe ore great overshadowing ateno before ahe american people until that is on cin the nation is not eat all other isears should be relegated to a se conday poil on in utah ai as elsewhere the believers in the rights of the people in the money of the people in government by the people cf cathe the people and for the people should ranee range themselves anone on one elde side under one bonner under one chos n leadership let all others take the ether ide fide F the people will win in my judg ident mere is ro necessity necee sity for five tickets nor three tickets nor any cumber number of tickets in utah except two to tick tickets eta at each election one representing bimetallism and social re reform forn and the other all of those elements which are in opposition to bimetallism and bocal reform you speak of other issues which may be relegated to a seon secondary dary on in the main what ae they fint I 1 take my land on this primary demand A volume of 0 money for the needs of the people all of euch such money to be issued by the government ai at d the present bifid of such bitch eosue to be the free and unlimited coinage of silver and aud gold at the ratio of sixteen to one I 1 next to this and only Ee secondary condary to i in the seme that we must win one reform at a time and be majority of the americo doeple are united on ta abe e fi ft st which I 1 ave asted comei comes the following the earliest po possible seible retirement of all I 1 interest ri terest I 1 bearing e aring obligations of the government I 1 ern ment equitable eq protection or none the reduction of the present cost of operating oper alinn ibe the machinery of government the abro bation of all enn contracts tracts with private parties for forthe the per forman of public work the building by gover ment atif national roas canala nyer river and harbor and other improve improvements as maybe may be ot of benefit to all tile people and the employment la ia such labor of only native boru niru or naturalized citizens of the uni ed S 8 abet ate the opening of our ports to 10 all men purpose is to assimilate with find uphold the dignity of american america it citizen and the absolute excle chinese laborers and euch such other persons wherever born eg as coma come to this country lo 10 take the work and vind wage of our own people and to lavirn to their native land with competencies obtained through their livine living on a jower ecile than our labor should ba be required to meet eel a the recognition of the right of every man to work the president vice president and senat ri by direct vote of the tile people no discriminations in n elections a ea gain eaino int tt nor citizen on acco account tint of ex the reference to the people of all bills passed by congress Cong reea and signed ky vy ithe president before such bills shall become laws the cession of all public lands to the respective stales states in which the earne same are situated and the control of such lams and the development of their rea resi arcee to be for the benefit of all the people alike I 1 you have almost declared a platform ie Is it intended as such it will answer as such for one tip nal at least for the present it is where 1 stand and in standing there I 1 here not deviated one hairsbreadth from the declarations made repeatedly in cami campaigns to the people of utah there is much more that I 1 could add to such a platform to elaborate it but i the main issues for the present are covered in the fore 4 |