Juniata sentinel and Republican. [volume] (Mifflintown, Juniata County, Pa.) 1873-1955, 1888-10-10
The Veto and the Surplus.
c. H. 7. Collins.

Blaine in a speech at Detroit. Mich
I iSan, last week. said little about tn,
tariff, but he talked about Cleveland.
vetoes and about Cleveland favorins
his pets with the United State.
Treasury surplus fund.
He said from Washiu gton, from
I.S9 to Jackson in 1929, a period OF
= 10 years the veto power bad been
used only SIX times In the next
40 years the veto was used 60 times,
of these 80 odd were BY Democratic
Presidents. In ninety SIX wears
from Washington TO Cleveland the
veto power hi been used in all
about 10 times.
Mr. Cleveland IN three and one
/ half years has used the veto over
| three hundred times And of those
vetOes by President Cleveland there
have been used 2O6 TO prevent a pit
ible pension of 81 a mouth or IS
month, a few l believe Of SI2 a
month. 20 worn do xn and starving
soldiers of the United States. And
he i the first President Of the Unit
United States that ever vetoed bill
for the relief of soldier that had Of
feTed his body to the cannon shot
and shell of the enemy of his country. /
THE SURPLUS.
But that surplus which the Presi-
dent has been accommodating with
great zeal and industry for more
than year and half, refusing TO I
apply it to the reduction of the pub
nc debt : that surplus IN which he
inds such great danger TO the Re
pubic, has Mt length found its usual
late. The President and his Secre.
tary OF the Treasury have ameliorat
ed the danger by giving more than ,
100000 of it as loan without
interest to some national banks scat
.ered all over the country, and this
lay and hour your money and mine
and the money Of every citizen of the :
| nIted States to the amount Of more
han S6O,O0O,00O is loaned without
l cent OF interest to certain rational
banks IN this country. Allowing
hat interest to be at the rate of five
per cent, and do not think that
you or l could get much of it for less
rom those bankers there is $1,000
300 gratuity given away Ivy the Pres
dent and the Secretary of the Treas
lry IN 4 single year. Well. nv
friends, any one Of us could ge5 rich
# the government would favor US as
L does these national banks.
1 read that the Chairman of the
lRUlnRr-n+ +Tn II q ATTvaa1
Calvin Brice has million of the sur
plus In his bank Well that is worth
$4,000 "a year. Il anything would
tempt man TO be chairman of the
DemocIauc National committee I
should think $4,000 would 20 a little d
wav toward IT,
Still further, Mr.. Chairman. when !
there Was danger last Yer and the {
wear before Of string ncy in the
money market and too little circuIa
ton, there WAS a movement made in
Congress to allow the national banks 1
to circulate on the bonds they have I
deposited up to par, instead Of being 1
'onhned to 30 per cent. as they are !
now by law On every $4,000 OF
government bonds, as YOU all know.
the oank only circulates $4,000 of .
bills The Democrats defeated the
proposition, and vet in this gratuious
distribution of the sixty odd millions !
oi da-lars, President Cleveland and ,
Secretary Fairchild have allowed
10 10 the national banks instead of ,
% That l., If any one of the pet
banks brings $4,000 of gove rnment
bonds to the Treasury, the bank
would get $1,000 in money.
have known something about the I
government of tls United States. II
have had some little to do with If. !
and l know that if that had been ,
done any tune within the last quar- !
ter of a century by a Republican :
Secretary of the Treasury, the Demo
cIats IN the House would have tried
to Inpeach him. DO not say that
l would vote to impeach Mr.. Fair ;
child tina. is another question but V
repeat that if any Republican ]
Secretary since Salmon z. Chase WAS L
irs st appointed by President Lincoln =
bad done with sixty odd millions of 4
The public money as Secretary Fair
ha Y