The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1888-10-22
UNFAIR DISCRIMINATION.


But or larger scale, and as between
communities rather than individuals
look at what the Secretary has done. He
has placed in the State OF New York, in
banks OF his own selection, nearly Sl3,-
100000 OF Treasury bonds, and in this
great Western body OF States, comprising
Illinois, Michigan, Wisconsin, Mime
sofa. Iowa, Kansas and Nebraska, with
double the population OF New York,
and in special need Of ready money at
this time to move the crops forward to
market, the Secretary has given little
over $5,000,0 900, the rule OF the Secretary
app pparently being that to State OF polit-
icalimportance to the administration
$l3, 100000 are given, and to seven States
with double the population, that are
hopelessly Republican, considerably less
than half that amount. Applause.
Such political gambling aud personal
sporting with funds OF the common
treasury OF the people OF the United
States has never been dreamed OF before
in this country. Think for u moment,
| il any man had proposed law that,
with all balances in the Treasury be-
yond the immediate requirements Of the
Government, the Secretary might loan
them without interest, under tue guise
OF deposits to whom he pleased and
place them where he pleased. Was
there ever a Senator or Representative
bold enough to vote for that measure? ?
And yet it is precisely what Secretary
FairChld is now doing with the surplus
in the Treasury. [Applause.]
Sixth and Justly, the Republicans ar
raign the President for deliberate Mt
tempt to destroy the protective system
Of this country by using against it us an
argument its tendency to produce sur
plus in the treasury, when not 81 OF
surplus would be there ii the money
had been lawfully expended in reducing
the public debt, instead OF being loaned
out to pet banks and for the benefit OF
political favOrites. The friends OF the
President, apparently authorized by
himself, pending his election, gave the
people OF the United States u pledge
that the Democratic party would not,
during his administration, assault or
ENDANGER THE TARIFF.
1t therefore came upon the people as
a genuine surprise when the President
charged the protective system with being
the cause of the surplus, which has been
industriously accumulated to the neglect
Of grave duty, as | have described.
[Cheers. The pretence that there was
no authority to buy bonds at a premium
was long ago exposed in both Houses OF
Congress, and the people now see that
money loaned for an indefinite period
to Mr.. Jordan's bank in New York, or
placed in the Covington ranks to aid the
election OF. Mr.. Carlisle, ought long ago to
have been used for the purchase .of
United States bonds and the reduction OF
the public debt. Cheers.
In my judgment tho people of the
the United States are not TO be hurried
into free trade by panicky cry from
President or Secretary. Too many great
interests are dependent upon it; inter
csts OF capital and labor; interests in the
East, in the West, in the North and in
the South-great interests common to
the whole Union. | shall not tonight
argue the question further than to ar
raign the President for precipitating it
in IN unprecedented manner, and for
having used extraordinary means to
create prejudice against the protective
system, aud with delusive arguments to
commend the destructive theories OF
free trade to the people. When under
stood by the people, the President's
method OF approaching the question will
strengthen the cause OF protection, and
not weaken it, and will, in my judg-
ment, in the end prove one Of the potent
causes of his defeat ut the approaching
election. Tremendous cheering.l