The Weekly Kansas chief. [volume] (Troy, Kan.) 1872-1918, 1877-11-22
DISTINGUISHED Labors.

Upon the passage of Blaud's Silver Bill by the
Lower House of Congress, the St. Louis Times
said:
THE BoxpHoLDERs' LAST DrrcH.-We may now ex
pect the Treasury Department and the Executive
Mansion at Washington to be besieged by shouts OF
Eastern resumptionists and foreign bondhoIders.
who will endeavor TO set the Administration against
the people.
Sure enough, the prediction came to pass.
On the l4fh, a large delegation of bankers, brok-
ers, and merchants of New York and Phiadel-
phia visited Washington, and interviewed the
President to prevail uPon him to veto the bill
il it passed the Senate. Secretary Sherman, the
author of the fraud by which silver was demon
etized and Secretary Schurz, were also present.
The spokesman, in addressing the President, de-
picted the injury to the public credit and pri-
vate business that would ensue If silver were re-
mouetized, and the debt authorized to he paid in
it. (There was the real pinch-these bankers
and bondholders are afraid they shall have to
take silver in part payment Of their bonds.)
They asked the President to exercise tn veto
power, to protect the credit of the country.
Subsequently, this disinterested delegation re-
marked that the bankers and brokers conld protect
themselves bnt desired that their fellow-citizens
generally should not be injured by the proposed
legislation. Generous fellows! the interests of
the people are what they are looking after.
Isn't it remarkable, that whenever Congress
passes a financial bill demanded by the people,
these self-sacrificing bankers rush to Washing
ton, to save the people from ruin'
The President replied to these fellows III a
very clear and comprehensive maner. He said
that while it would not be proper for him to ex-
press his views upon the subject at this time, he
would give it free and candid consideration,
whenever it should be presented to him for off,
cial discussion. This assurance ought to set the
public mind at rest
When it is remembered that delegation
once visited Grant, at an important juncture,
and secured his veto of a measure that he had
given reason to believe he would approve, there
is ground for serious Apprehension in this case.
The danger is increased, when we reflect that
the Presidents Secretary Of the Treasury, upon
whom he relies for his financial ideas, was the
father Of the act demonetizing silver. The ques-
tion is, will Hayes, for once during his admins
tration, carry out the wishes of the people, or
will he disappont them, as usuali
Mr.. Bland, the author of the silver bill, re-
marked to the same delegation, when they inter-
viewed him, that the best thing they could do,
would be to 60 home, and attend to their own
buisiness; that if the wishes of the people were
trifed with much longer by the bankers and
bond holders, they would rise up and wipe out
the national debt In saying this, Mr.. Bland
spoke with knowledge of the temper of the
people. few years ago, man who suggested
reputation was not tolerated; but now, the
country is full of Iepudiationists, bold and out
spoken, and their number is daily increasing.
The day is not far distant, when majority of
the people will demand the payment of the
bonds in greenbacks, or, still worse, demand
their reputation outright. The growth Of this s
sentiment is not surprising. We find the bank
ers and bond-holders beseging Congress and the
President, whenever financial measure is pend
ing for the relief of the people; and they always,
by some means or other, succeed in defeating the
will of the people, even after Congress has per-
formed its part of the work. The stra VS. on the
camers back are beginning to bear down heavily.
II the gods have determined upon the destruc-
tion of the bankers and bond holders, they could
not have invented worse form of madness to
hasten the catastrophe, than this trihing with
the temper of an overburdened people.