National Republican., 1885-11-21

Mr.. PRESIDENT The capital city of the ma
tion is being rapidly oiled with the senators of
the states representatives Of the people, and
Of the industries and enterprises OF the
country.
What will the President In his message to
every thoughtful person who studies political
and economic questions, not only here but
throughout the broad land
Will the advocates of private or public In.
terests sway the mind of the President from a
just poise, will be the anxious question, until
the message shall be transmitted with the
speed Of the lightning, and read at the fire.
sides of more than ten million voters Of the re-
public.
The fact that 1t is a constitutional require
ment assures you respectful hearing by the
men of all parties, and adds dlgnlty and
weight TO your utterances. Tho clamor for
change of officials will be SO great that you
will often make changes to please your party,
when, under like circumstances, busines
firm or corporation would refuse to do 80, as
they would prove detrimental to prompt aud
correct discharge Of affairs. The inexperlence
and incapacity OF q new official now and then
is but small matter compared with the dele.
terious effects of wrong policy for the nation
established by law.
Consider for one moment the great pressure
that is brought upon you by the men Of all po-
litical parties engaged in the banking business,
asking you to recommend Congress to suspend
the further coinage of the silver dollar, piece
of money that our fathers created, and
no one will have the eifrontery to say
that they did q dishonest act. Consider,
further that when law was enacted forbid
ding the further coinage of these dollars--en-
acted In such skilllul manner
that the oldest members OF Con
gress voted for II without knowing what
they did consider, again, that when
the masses of the people became informed oil
Its effect the public indignation was so great
these members of Congress, to avoid the just
anger of the people, publicly acknowledged
their ignorance, in the House of Representa-.
| tiyes, rather than live under the stigma o.
having practiced fraud, and made haste, by
more than two.thirds vote in both Houses
over the veto of the President to rcmonetizC
| this coin.
II may well be asked, whence the source o.
such q demand? This is n siver.produolnt
country. Demonstration would reduce tn,
price Of silver, as an illustration, say 25 PEI
cent The price of cotton and wheat would
make the same decline, because the price oh
tanned for the surplus fixes the value of tn
whole crop, and the price of the surplus, SOLE
in foreign markets, would be reduced by tn
competition ofthe wheat and cotton raised ii
the Orient, purchased by silver, which tn
British bankers and merchants have obtaine
at discount Of 25 per cent. from the miners q
the United States, because the suspension of IT
coinage decreases the demand.
Isit not clear, therefore, that the merchan
bankers of Great Britain have organized tn
raid upon siver-produclns countries for tn
purpose Of cheapening the cost of our greG
staples of production? In other words, th
less the price of silver the less the cost {
wheat and cotton raised in the Orient fc
British consumption. This fixes tho price {
our surplus OF similar quality in foreign ma
ketS aH ...-a. ..la.
The purchasing power, the debtpoyin
power fthe wheat and cotton crop of tn
country, and silver bullion, would be reduce
fully one hundred millions Of dollars and tn
civil service board, which you have just al
pointed, can take a slate and pencil aud den
onstrate It, ifthey are competent to fill the p,
sition to which you have assigned them,
Mr.. President; If you recommend Congre'
to suspend the coinage Of the silver dollar, an