Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1884-06-12

me Resi ~csnsss.
Our learned .lne;ghbor, the 1,iosi'sj,
gives four direct and one indlrecI causs
FOR the recent Wall street panic. we Qe
not think they are sou H. $ Il
ls.Finally, there has been some, uls.
honesty and recklessnesss say oul
learned contemporary, with moro fe'
spect for truth than for grammar
+ Dishonesty and e reckiessness nase
been the true causes OF our trou9.es
dishonesty in public and private lne
recklessness in the mad pursuit tol
wealth and in the methods resorted &c
for its accumulation. s ~
The shoddy fortunes made during
the war inaugnrated an aristocracy o.
money bags. Everybody wanted 30 pe-
long to it and to outshine his nelghboss
Grant as President. eager for moneys
took presents. The members OF hls
Cabinet. eager for money, took brides.
His private secretary entered INTO
gang Of Government thieves.
Congress bestowed 290, 600, 600 acres
of the public lands on railroad corpor-
ations and the Congressional saints
grew rich. sfaR 81 as5si = HhLi
sJay Gould, Huntington and dother
great operators took their lobby to
Washington and scattered wealth among,
the National legislators. 6..s.s !
Could. Fisk and Corbin gave the
President household a practical illus
tration of the value of q rise in gold in
the form of a twenty-five thousand dol
lar check, and out of this grew Black
Credit Mobflier came along and
/ Cakes Ames gathered in, his Nice-Presi-
dents and Congressman at comparative
ly low. prices. stiI.0w 1asa etGhei'7tiisT
I With Grant second term came the
increase Of his pay, TO fifty thousand
dollars, the ssalarE grab game and back
pay tol1ongreSs.a yIt.aiTq iasIahiyHo3 =
j The disguised people elected Mr..
Tilden President, but the Republicans
refused to go. BY the aid of fraud and
forgery athey stole the Presidency for
Hayes, and Hayes rewarded the thieves
with public Offices in which they could
spluuder the Ipeoplee. -li hue ;tIf5a u
L Then came sanotherd election. The
chances of the Republicans were des-
sperate, The. corporations, mqnopolies
and banks, favored by the party, raised
a corruption fund to buy Indiana. Tie
Spectators raised four hundred thou
sand dollars to the fund Oh the pledge
of Supreme Court Judgeships for their
tools. The army yof officelholders was
'assessed. The election was bought,
'Arthur, then Vice4President. after the
purchase banqueted Dorsey it's princi-
pal Smanipulator, and publicly extolled
the power and efficiency ofl:ssoap,'nn y
!, Garfield became President !, He
cheated those to whom he had pledged
patronage. Some of them Branded
him as a cheat. | One of them assassi-
mated him. 1921 h'iR salAS eiab
SIC The 1Star-rodtes robberies; among
other public crimes, came to- the sur
face. The robbers were, eindicted.
Through aibogus prosecution they IesL
caped-a To reward the. unsuccessful
presenting counsel the Treasury as,
further plundered. ,,s,4o,t,,,f I'M,
Is it surprising that with, these. ex-
anlples at the head of the Government,
Corruption. greed, dIshonor and 4 de.
termination to make wealth by dfshoffi
est means should spread among the
people? sa'e-s - aonH islii tsHfii7o .t5e
= When Grant stepped from the Presi-
edency into swindiing broker's office.
which obtained money from victims ION
false pretenses, which sought to, inn
press the belief in, its solvency npon its
customers by. pretending to be inter-
ested in heavy Government contracts,
and which used securities intrusted to
its keeping-is it iany wonder that the
Fishes, Enos,e Dddds, Hatches and
Seneys came into existence? Hsisat
2 The true. cause ofithe,panic.is easily
traced. There were venality. prodigality
and dishonesty at the head of the Ma
ition. Gift-taking, bribe-t taking and dis
honesty prevailed at the White House
The Presidency was stolen. High OFF,
GERS Of the Government boosted of their
election through the power Of sssoap.'',',
The President was murdered by d disap-
pointed spoiIs- hunter Public robbers
were protected by the Administration. ]
Grant descendedlfrom the seat of WASH
ington into the seat of d Wall street
shyster' s.. full Z partner, from, leading
armies to stock gamblingl u Monopolist
enriched by, Congress, in, their turn Ien-
riched, Presidents, congressman and
Judges, The demoralized people rushed
into wild speculations, Values were
inflated by fraud and trickery,s Then
came the Inevitable smash, and when it
was approaching men stole and swindled
in the desperate attempt to save their
money al ofssa ,i6asi'EFs3 'tzs Tai sia'I
The cause of the panic is plain. What
senseless folly to attribute it to the tar
iff, the Silver bill, the election and the
lambs!-.N. II W0rId. sp.
Z