The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1888-10-11


cedent to grant the widow of that man
that Kind might be 50 often
repeated. (laughter.l with all
due respect to the president
ne carried my mind back to more
youthful days, when used to attend
the theatre oftener than I have Of late
years, and saw In an old play, Paul
Pry, the part Of professional philan-
thropist who refused to contribute to a
subscription for the relief of the widow
OF brick-layer who had fallen from
the the top Of high house where he
was working, because, as this philan-
thropist said, because if you relieve
layer, you will have all sorts of men
falling from all sorts of houses, and
leaving all sorts Of widows and chill
dren behind them. (Applause.l
do not intend, Mr.. Chairman, to
dwell on the subject of pensions and
have introduced it that it might be |
placed with another subject, viz:
The great surplus in the treasury OF |
the United States, part of which |
think might have gone to the poor SOL |
diers without endangering the stability
OF the government. lCheerS and laugh |
teri. But that surplus which the pres
ident has been accommodating with
great industry for more than year
and half, refusing to apply it to the
plus in which he finds such great dam
ger to the republic has at length found
its useful fate. The president and his
secretary of the treasury have ameilo-
rated the danger by giving more than
sixty millions Of it IS loan, without
interest. to some national banks
scattered all over the coun,
E1swT ~ lAwW nd
hour your money and mine and the
money of every citizen in the United
States to the amount of more than
sixty millions of dollars, is loaned
without cent of interest to certain
national banks in this country, and
contend, although have not time at
present to go into that subject without
the shadow of substantial right under
the law, that $50, 0OO, 600 or money Is
secured to the government by men who
borrow it, depOsiting bonds of the United
States, and they are allowed to collect
interest from coupons on these DondS
and to retain at the same time the IN
terest they can earn on So, OOO,OOO;
allowing that interest to be at the rate
of five per cent, and do not think you
or could get much of it for less from
those bankers. Laughter. There is
SO, 900 900 gratuity given away by the
president and secretary in single
year. My friends, any one OF us could
get rich if the government would favor
US as it does these national banks.
read this morning that the chairman
of the democratic national committee,
MIR. Brice, very bright, quick and able
man, has a million dollars of the sur
plus in his bank. Applause and laugh
ter.) Well, that is worth $4,000
year. If anything would tempt man
to be chairman of national democratic
committee, / think $50, 600 would go a
little ways towards it. daughter.
Still further, Mr.. Chairman, when
there was danger last year and the
money market and too little clrcula'
ton, there was a movement made IL
congress to allow national banks
to circulate on the bonds they
have deposited up to par
, instead of being confined to ninety pei
. cent as they are now by law. On every
$40, 900 of government bonds. as you al
, know, bank only circulateS 1000 O
: bills. The democrats defeated Thu
proposition and yet in their gratuitou
, distribution of sixty odd million OF dol
lars, President Cleveland and Secretar.
Fairchild have allowed 81. 10 to nation
al banks instead Of 80 pc
! cent. That is if any one o
: the pet banks brings 10000 o
| JULIUS 10 LHO TREASURY luO UdHh nOul'
. get 81 GOO in money. l have know
something about the government of tn
United States. have had some Ettl
;, to do with it and know that if tina
: had been done at any time within tn
: !, last quarter of century by a republi
= can secretary of the treasury the dem
= ocrats in the house would hav
y tried to impeach him. AZ
TonId votDto imnaach Mr. FairchiI,
That is another question, but l repea
: if any republican secretary since Sa
q mon p. Chase was first appointed b
= President Lincoln had done wit
$50, 900, coo, of public monev as Score
!. tary Fairchild has done. say that
!! democratic house in power would hav
= moved his Impeachment. applause
. the public debt by buying Government
: bonds, you and and every citizen O
? the United States now living or t
come would have the advantage OF /
and have reckoned hastily that
s the claims of 2O6 pensioner
that were stopped by the vetoes o
President Cleveland had been above,
3 and had all run for tweT
I ty years the total amount of relic
to those poor sick and some time
, starving families of soldiers who bare
their breasts for your country an
Q mine, [Cheers the whole of theI
I would not have consumed one-sixt
2 part of which the favorites of til
3 treasury department will receive in
= single year from the interest of none
y that is loaned. [Cheers]. l do nc
wish to characterize this act an
: further. Its description is its charaC
. teriZation. wish to do no more tina
to state the facts and leave their fuI
Their consideration and treatment t
! the voters of the country. The pTesi
= dent is now TO answer before the pee
pie, and the people of Michigan an
i the Lpeople of Maine [cheers] VIII
= are going to pull together i
), this great national contest Cheers
: must decide whether the surplus none
. of the United States had not better g
, for the relief Of the poor and sufferin
2 among the union soldiers than to ric
! democratic bankers in wall street, VIII
= are receiving unlawful gain from you
= money and mine.
y Upon the close of the speech thre
3 cheers were given for Mr.. Blaine
y General Alger stepped to the front o
Z the platform as Mr.. Blaine took hi
!: seat and said, whats the matte
4 with James G. Blaine?" to which tn
Z audience thunderous1y answered
He's all right" and then there Wer
2 further cheers. Mr.. Blaine was fO
! lowed by General Adam King of Mary
Y land and others.