The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1890-02-28

~ e"A widespread c4I3mif
Inc whole paper system Of which il ",
the head and the citadel, after . vast e,
PansIon, had suddenly collapsed, spread
. ing dissolution over the land and carr,
ing ruin 70 dcbtors,' etc. "No price fc
property or produce. No sales but thos
o. the sheriff or tho marshal" etc.
: 30 It appears shsl -Coi. Bcnton's vivi
description Of The period Of depression
' was not " following the reduction Of lu
Ties. bnt was the result OF 4 differcu
cause, as expressly stated by him IN M
!, emphatic langusge. thar "thc whole "a
per systcm Of which it (thc bank OF III,
Uni.eu Stafes) was tise head and III.
citadel, after . vast expansion, hsd sud
denly collapsed. spreading dcsolatior
ors
When Mr.. Blaine says that Col. Rcn.
tons vivid description Of the period q,
depression. folio wing the reduction of
dnties, comprises in 4 few lines 4 whole
chapter of the history or free trade In Inc
united states without referring 10 the
IAct that Col. Benton attributed that de-
preston TO 40 entirely different cause, he
docs violence to Col. Bcmton's language
ana commits the oifcnse Of suppressing
me truth, which Is o. bad q missts,ing
the truth.
When Il is considered that Mr.. Blaine
gave no date or reference to the Ian
guage Of either President Buchanan or
Col Benton, which ne 80 grossly ,ni,-
construed and inisquofed. and that he aid
not explain Or make known the fsc,s
'nat PRESIDENT Buchanan and Col. Ben
!on attributed the financial panics OIL
l5os and 1870 TO entirely different c~u -es
rom those 10 which lle attributed them.
put ieit the reader To infer that their
views and his we're identical. the enor-
mitv VI his oflense may be understood.
Illustrative OF that onense. IL il Sig
nIiicant tact that Mr.. Bialuc could now
quote Mr.. McCulioch with as much pro-
priety IS he quoted Mr.. buchanan and
Coi. Benton In support Of his false a.
sun puons that the panics Of 1857 and
issO were attributed 10 the low tariffs oil
io4o ana 1915, because Mr.. McCulloch.l
u his article in the New York Times
exposing NJ. Biainc's pcrvcrsions OIL
history: described those panics the same
= ~ =: buchanan and Col. Benton did. |,
lnu, IKE them. he attributed the causesiI
p those pabics to tie unhealthy exfen-t,
non OF bank credits and ipfIsfcd cur-
'ency. and not TO the low tariffs OF 1876. Y
The question arises, viii the hIeh po.i-
Hon which NJ. Blaine occunfoa- a. eheI.
'nedov of hls great nauc, Obscure hio|:
!nenso and shield him 1ro4 tie iust cou-|
and contempt which shonld|
&!acn @ Al persons Wbo attempt % de-|u
eivo The people By fhIsIflcafion 81 h1e-|
ory O. thc usisQu citation OF The lanGuore|s
\ eminent ssalcsSncn? II
bo that - L may, Il h clear thaf vhenI- y
Be recognized leader Of the ronnh1fr~nIt
arty. the authoritative exponent 81 ehe|s ]
nncsD!es o. high protective tarIG, is|r
oouced 20 the desperate strait Of falsely Is
onstrulng and miequoting the langua~eI h
PRESIDENT Buchanan and Col. Benton +
sustain bis position, Il IL Z confessionl u
the weakness Of his cause, and ! vir-ls
nal surrender of his favorife argumentIs;
lat high protective tariff makes the N
ountry prosperous. and free-tradelsl n
'riu creates panic. The falsity OF thatlc,
rgument, always apparent to the student n
political economy and those who read M
story Alright, IL clearly demonstrated foIsr
. satisfaction OF all minded per-Iar
me when Il becomes necessary for air,
atesman Of Mr.. Blaino's ability to re-ifh
IT TO the disreputable practices OF de- "a
p'ion and misquotation 70 give Il the I;i
! Of plausibility. m
Mr.. Blaine stands convicted OF false ~
od and misquotation before thelce
merican people. Let him escape itsIor
nseq uences ifhc can. IBi
WILLIAM r. EEsoS. lws
Mount Vernon, Ind, Feb. 20. Ifo,