Thurston's Views

Lincoln, Neb., Jan. 17 .- T:iere was an interesting sceue in the joint convention of the semite and house when the uowly elected senator, John M. Thuraton took the platform to teil hís frisada and enmits where he was "at" regarding the questions QOW preesing for solution. Ho' said in part-: "If the Republicana ui secure the necessary votes they should organize both branches of congress and fearlessly iis-umc the responsihility of lesjislalatloo The Rrpublican party has always had the courage to fljfht in the open fleld, and its ultímate objeets should not be party succes?, but the welíare oí our country. I ain in favor of the speedy enactment of i pro eotlve tariff law modellod upon the general linos of the McKinley aot andemtxsdylng the reciprocity ideas of James G. Blalne. American Men for Aiuericau Work. "It is my profound couYiction that the prosperity of this country and its people - especially of the industrial niasses- depends upou the broadest application of the American idea that whatever laboi is to be done for the people of the United States shall be done by the people of the United States, under the stare andstripes, and that the prices of the products of American labor shall be flxed by American conditions and American competition. My general views upon the finaucial situation are as folio ws: Our people have been too anxlous to pay off in a single generation the great war debt. Our gigantic pay ments have taken too much of the gold out of the country. How He Wuuld Stop the Gold Outjfo. "For the present at least we hould be satisfled with legislation under which we can refund our outstanding bonds at the lowest posublo rate of interest, leaving further payments of principal to a more prosperous and favorable time. I would put a stop to the outflow of gold froin the treasury ürst, by requiring that all import duties should be paid in gold at the option of the treasurer of the United States, and second, by insisting upon the right of redemption in either gold or silver of outstanding notes, whenever it beeomes appareut that redemption is being demanded lor speculative purposes. It is said that such a policy would drive gold to a premium. In my judgment wo can better afi'ord to have, gold at a premium than prosperity at a discount. lielieves in the National Bankt. " I do not belicve in any oí the banking scheniea which have been proposed by the dominant part ín congress. No bank in the United Statas shoukl be permitted to ifcgue a single dollar until its redemption is iully seoured by tlie d posit of government bonds in the iiiitional treasury. There sbuuld be no resurrection u{ wildcat money by the general government or by any state in the Union. Our national banking gygtem s-hould be preserved. It is the best human ingenuity has yet de vised. I favor umendments, however, in the foüowing particulars: The substitution of a low interest bond as security for the national bank issue; authority to issue bank notes to the fuü amuunt of the bond deposite; collection of a Cax on the entire authorized issue and the imposición of a heavy penalty or forfeiture of charter for failure to keep it all in circulation. Would Not Rttire (reenbacka. "I do not agree with thoso who would retire our greenbacks and treaeury notes. I ain in favor of keeping every one in circulation, and there can be no danger in doing so if we will adopt the policy already stated of meeting all speculative demands for redemption by tender of either gold or silver at the option of the government in accordance with the specific terms of the contract