The intelligencer. [volume] (Lexington, Mo.) 1887-1891, 1888-11-03
THE RIGHT WILL, PREVAIL.

Detroit by falsely asserting thai the Il
administration had put
900 900 of the peoples money in
banks, in order TO raise a cam 1
,aign fund. His audience laughed at
he bald facedness of the lie, and II |
VI the vice-presidents of the meeting, ,
he president of a local national bank,
iually pulled his coat tail and stopped
him, telling him that part of the money
alluded to was in the national banks
that town which are owned and
controlled by republicans.
Mr.. Blaine also said that no such
hing had occurred under republican
management.
Mr.. Carlisle has since pointed out,
and MIR. Sherman has admitted, that
MIR. Sherman, when secretary OF the
treasury, had twice as much money as
is now in all the banks, deposited in
one national bank.
The truth is, that the democrats do
not want this surplus to exist, they r
doing all they eau TO leave it where 1t
belongs, in the pockets of the people,
but as it is there, and cannot be pro-
perly paid out, it was placed in the
banks without favoritism, in republic
can as well as democratic banks, to
ease up financial affairs and TO prevent
q stringency in the money market.
1t is bad that the secretary should
have to do such things at all, he says it
is an evil, but it is the choice of evils,
and the vicious cours OF republican
legislation is responsible that the evil
exists.
Mr.. Blaine's remedy is, of course, a
bondholder's benefit. He is always
for the bondhelders and the monopo.
lists. He says, why not pay the money
out on the national debt2 Well, for a
very good reason. Because he and
Mr.. Harrison, the New York Tribune,
and other republican demagogues have
been for months bulling United States
bonds until they command nearly
| thirty per cent. premium. None are
| due. None can be called in. This is
due to republican stupidity, but it is a
| fact, and it cannot be blinked.
Then what?
Why, if the government wants to
buy these bonds it must pay, not one
thousand dollars and the interest for q
one thousand dollar bond, but one
thousand aud three hundred dollars
and the interest. Do the people want
to give such a bonus as that to the
bondholders2
Assuredly not.
The proposition Is of a piece with
the republican act of 1869 "to strength
en- the public credit" That law stole
from the people, robbed them as bold
" as would a highwayman at the muz.
zle of the pistol, of $500, 900, 600 of their
hard earned dollars, to pay a bonus Of
the difference between ~greenbacks and
gold, to a lot of money sharks who
had bought the greater part of their
bonds at forty and fifty cents in green
backs. So, today, the same party
wants to force the payment to the
bondholder OF 80 per cent. more than
is his due. And for what? To save
Al per cent. interest. Beautiful tinan-
ciering thatI And yet it is the advice
of Mr.. Harrison and Mr.. Blaine.
We have no bonds that can lawful,
be called in until September, 1891, aud
, more than seven.teuths of the bondl
cannot be called in until 1907. Th'
secretary of the treasury tried to bu!
bonds at reasonable rates, issuing
circular for that purpose III April last
{ AS a consequence of the yelping of tn
= N. Y. Tribune, Messrs. Harrison an
Blaine, the premium naturally advanc
cent. and A per cent. bonds averages
= a premium of 81 per cent. Suppos
he should stay in the market with tn
S1O4, OOO, 900 surplus that he will hav
November 1, and from So 1000, 900 t
Gil 900 900 more which is accumul'
ting from month to month, wher
d would the premium be likely to 81
y Any tyro in finance can easily see.
The millionaire Reid, the millionail
Blaine, the millionaire Carnegie, Il
!, ~ millionaire protected monopolis
of Allegheny county, PENN, the mi
lionaire Levi P. Morton, and all Il
other millionaire friends of the m
nopolist lawyer Ben Harrison, wou
as no doubt like very well to get thr
IN hundred dollars more than they a
cb entitled to on everyone of their o.
re thousand dollar bonds, but do the pc
pie desire to pay them that bount
We think not; Grover Cleveland THU
:, not.
We believe the wise thing to do is
reduce taxation, and to leave I
money in the pockets of the peol
who earn it, then there will be
question of wasting the surplus to s
rid OF it. That is Grover ClevelRn'
W view, too, and all the lies about Fl
ns trade, all The dastardly lies that
". democratic party is trying to play il
m. the hands of Great British; all
lid bribe-money of bloated wealth. villa
ously obtained through robber laws
finance and over-proteetion, will fail
Ia scare sensible men Or TO buy the com
ie, ence of the people.
)Oo Americans who are tired Of be
air plundered for the benefit of the alres
re- rich, Americans who want what is
between man and man, Americ
who desire justice, you must stand
the that grand American man, Gro
lot Cleveland; a man who has risen II
md the ranks by hard work and by Dol
,n,t telling the truth. A man who has
purity Of Washington, the hrmnes
Jackson, and the burning love for
nid manity of Thomas jefferson. A l
who while sometime in Office is
Mr. poor. A man who will remain SO,
SUI who will never prostitute his
ne's office for gain. A man whose eulo
l. Vending, the Christian, and
, :, IDgersoIl, the atheist. A man wi
trust in the Almighty is the 81
anchor of his life, and The secret of