Los Angeles daily herald., 1888-10-21

times as frequently as it was used by al
his predecessors in the long period o
| ninety-six years. 1t seems to me the
Presidents conception of the veto power
| is, that wherever he would vote no, if he
were a member of the Senate or the
House, he would veto 9
measure as President, which
is entirely new Interpretation
Of the Constitution, unknown to the
founders OF the Government and abso
lutely repudiated by every one who has
occupied the Presidential chair before
him. I submit that the trainers OF the
Constitution never intended to make the
President third legislative power with
vote that could override the others
Such use of the veto power has been
condemned by all the great statesmen oi
both parties. Such use OF the power
would dethrone any constitutional mon
arch in Europe. (Cheers.) 1t was such a
use of the veto power that gave to that
French King who brought on revolu-
ton the name of Monsieur Veto" and
President Cleveland will be fortunate il
in history he escapes the same descrip-
tive soubriquet. [Applause.l
The Republicans arraign the Admins
tration for having unjustly, without a
precedent and for partisan reasons, dis
franchised 10000 American citizens in
the Territory of Dakota.
Here Blaine set forth at some length
what has been the custom in the matter
of admission of Territories ; touched upon
the resources of Dakota, and charged that
she was only kept out to maintain Demo
cratic supremacy.
The Republicans arraign President
Cleveland's administration, said he, for
breaking down the useful policy of pay
ing off the National debt as rapidly as
the surplus in the Treasury will allow.
1t has permitted bonds of the United
States, payable at par, to remain at inter-
est while the income of the Govern
mept was devoted to the creation of a
surplus which might be used to prejudice
q financial and industrial system that
had steadily produced a condition of
prosperity in the country. When the sur
plus was thus designedly enlarged, the
treasury Department used it for the first
time since General Jackson broke down
the old United States Bank, for the pur-
pose loans, under the name of "de-
posits,' without interest. to banks.
Blaine then dwelt at length on the
loaning of over million dollars to the
New York bank by Secretary Manning
and ex-Treasurer Jordan, and charged
that nearly 100000 was thus deposited
in Covington, KY, banks, to aid Car
Isle in his canvass for reelection. He de-
clared that if Louis Napoleon in the days
Of his most absolute power, had done
such thing, the streets of Paris would
have been barricaded and a revolu-
ton inaugurated, and that if Queen
Victoria should do it, the Ministry
would inquire into the question of her
sanity. He continued But on larger
scale, and as between communities rather
than individuals, look at what the Secre-
tary has done. He has placed in the
State of New York, in banks OF his own
selection, nearly thirteen million dol
lars of the Treasury fund, and
in this great Western body of States,
Illinois, Michigan, Wiscon-
sin, Minnesota, Iowa, Kansas and
with double the population of
New York, and in special need of ready
money at this time to move crops to
market, the Secretary has given but
little over five millions; the rule of the
Secretary apparently being that to
State of political importance to the Ad-
$19, 900, 900 is given, and to
seven States with double the population,
that are hopelessly Republican, consider
ably less than half that amount. Such
political gambling and personal sporting
with the funds of the common treasury
of the United States has never been
dreamed of before in this country.
Lastly, the Republicans arraign the
President for deliberate attempt to
destroy the protective system of this
country by using as arguments against it
its tendency to produce a surplus in the
Treasury, when not one dollar of the
surplus would be there if the money had
been lawfully expended in reducing the
public debt instead of being loaned out
to pet banks and for the benefit of polit-
ical favorites.