“ So far as concerns the danger to our free institutions, it is a question which most men will not find it difficult to answer what could be at once more insidious and more surely destructive in its effect on our institutions than the exercise by a majority of the people of the arbitrary, despotic, oppressive, and corrupt power to change the standard of value in the interest of a class? ”

“ To those of us who do not think that what is called imperialism is more dangerous than is free coinage this is not a wholly disagreeable outlook. It is even possible to regard it in the light of a blessing that a Presidential election can be held in the United States within four years after the tremendous and costly struggle of 1896, in which the honor and credit of the Nation and the integrity of the standard of value, the sanctity of contracts, and the security of earnings are not made a subject of party dispute. ”

“ He is of the opinion that “if the Filipinos are not granted their independence, then imperialism will be made the main issue in the Presidential election next year, crowding all other issues into the background.” And to the statement that “free coinage represents a greater danger than annexation,” he declares: “I hold that imperialism is decidedly more dangerous, for it means the ruin of our free institutions.” ”