The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1890-02-28
JUDGE EDISON, or pOsE,
CoUNTHs ON BLAINE. ana
His Answer To Mr.. Gladstone. =.

u His Answer To Mr.. Gladstone.
"ssgnotinE President buchanan I'm Order
"2e = Point He Also FaIsifies - -
brnf"n's Statements.
n indianapolis Sentinel
~ THE EDITOR Sir: That coloss
isis'ner Of history. James q. Blsinc1
ne reply 10 ar. Gladstone In tbe Nor,
= mericsn Review, Il driven "a ,ho ~
essity OF misquoting President Buchs ~
!. n"d Col. benton 10 sustain HE ,ui.inse,
pre'a'i"ns Of the causes which producc
'he financial panics OF 1867 and 1870.
First, Mr.. Blaine attempts ~ sho,
mat the financial panic or 1857 "a
caused by the free-trado tariff OF le41
when everybody, who Il aconainse,
with the history OF that period kno =
that u was The result of ian unhealsh,
ex'ensio" OF the various forms or credit.
- SHOWN by ex-Secreiary ofthc Treasur,
iugn McCuIioch, ia his recent article Ii
the New York Times. :
Mr.. Blaine, IN the vain effort 10 sus
'ain ms position, has the tesperitv n
ialseIy Interpret as well as misuuote IN
language Of President Buchanan. III
saving that "the disastrous results ~ mi.
l'ar'ii upon the permanent industries 81
me country are described In Pre.iden,
buchanan we'll remefnt tercd ,ncssaUa
communicated to congress affer she
panic, A. follows: with an surpassed
plenty Ia all the elements OF nationa 4
wealth, our manufactures have suspend. .
ed, our public works are retarded. onr
private enterprises OF different kinds ara
and thousands OF useful Ia
porers are thrown out of employment
anu reduced to want and Mr.. Blaine
goes on 10 say that, "'bis testimony rs
70 the result OF frec-trade tariff is ali the
more fcrcible from the fsct that Mr..
buchanan, as 9 member OF President
Folks cabinet, had consented 10 the
Of protection, which IN his
earlier career he had earnestly supporf-
ed That this Is q garbled ouotsfion
and equivocating subterfuge Il shown bv
is comparison with the language which
Mr. buchanan actually used.
The exact language Of President Buch \
snan. IN his message OF Dec. 6, 1858. js a.
follows: "When congress met IN De-
:ember last the business OF the country
lad just been crushed by one Of those
'criodicai revolutions which are the IN
'vitabIe consequence Of our unsound and
sysieIn of bank credits and
mated currency. With AL the clcmen ts|
y natioual wealth in abundance, our|
manufactures wcro. suspended. 0ur uso-!
ul public and privale enterprises were
!rreslcd, and thoueaQds Of Iab0rcrs werc|
Iepriyed q employ1heae ard reduced to|
want
Thus. q Is soen, chat NJ. Buchanon. in-|
lead tf describing slho dlsastroue re-,
uIss' Of the low tariff or 1886 supon theI
'ermanent industrjes OF tho country .yII
said that "thc business or iheI,
ountry had just ben crushed By a 81
rely different causo-"by One or tbosoI'
'eriOdicaI revuIsions which are the in \,
yisabIe consequence Of our unsonnd \,
nd cxsravagant system OF bank credits
nd inflated CURRENCY |,
~nen Mr.. Blaine, in referring to thels
lnguage OF Mr.. Bnchsnan's message. Il
avs that "this testimony rs 70 the result 2
{ . frec-trade tariff is all the more for-it
Ible, because il comes from Mr.. Duchs- :
IN, ETC., hc is willfully guilty Of a pre- !
arication. and he knowingly miscon- \
rucs the language which hc quotes 10 Il
Ide that prevarication. II
?. Mr.. Blaine also attempts 10 show !,
at, because "the war duties were drop !,
n from the tariff OF 1916. the business !,
the country was speedily prostrated !,
ID the people were soon reduced 10 As
eat distress as in that melancholy !,
riod between the close Of the Rcvolu- 4
mary war and the organization Of the :.
tional government when the truth lei
II the revcrscs Of that period, as shown,
Mr.. McCulloch In the New York
NEE, "wcre not tho result OF fhel
anges Of the tariff, but OF the tide oil
ecuIati0n which swept over the
nntry near the close Of the war I0fi
III and its termination, diminishing = !.
lustry and plunging the people into ~
Dt - that those revcrscs "werc, in fact.
repetition OF what occurred at the =
se Of the Revolutionary war when
70 was no tariff aud Mr.. McCull0ch =.
yht have added. in this connection, -.
{ there was subsequent repetition OF -
Sc reverses In the panic Of 1873, which -
urred nine years after the war for the : :
ion, and during the period OF . high :
tecfivc tariff.
". Dthiuc, III support " Ills mlsIutcT' -,
ATOMS Of the causes which produced 80
panic OF 1890, has the hardihood 10 ~
ely coustrue and garblc tho language ~
'ol. Benton, by saying that his .vividI
'ription Of tho period Of deprcssion
owing tho reduction OF duties CON- I
es in few lines . whole chapter oflfor
history Of free trade in the United nor
es, y as follows: NO price for pro- 81.
y. No sales except those Of the ~,
iii and marshal No purchasers at
ution sales except tho creditor orI
Q hoardcr OF money. No employ 80 ~.
{ Of industry. No demand for la.e
No sale for the products Of the |cAp
J. No sound Of tho hammer except ~, M
Of the auctionccr knocking down vsr
'erty. Distress Vas the universal Gr, Gou
u the people, relief the universal de- - -
d. That this IL . nAgrant mutiIa- - o."
OF Col. Denton's language and mis- -. y.
mont Of his true meaning ID shown s0s'
,mParing it with what he actually "
n owacf xvor1o of Tol nnotnn - IfolT~6o