The weekly intelligencer. [volume] (Lexington, Mo.) 1891-1901, 1891-05-09
STEWART ON SILVER.
Some Remarkable Statements by the
Senator from the State Of Nevada.

In recent interview with a news
paper correspondent in New York City.
Senator Stewart, of Nevada, spoke his
mind quite freely upon the great sub
ject of silver coinage, of which he is an
able advocate.
Senator Stewart is particularly in
censed against the New York newspa-
pers. lie considers them to be moth
ing more than the abject tools and
of Wall street.
"rhc newspapers of New York.
said he, "are not the conservators of
the public welfare, nor yet the mirrors
in which public opinion is reflected.
The New York newspapers are the
abiect slaves and creatures of the
money power which is exercised
the bankers that control gold.
There are Il dozen banks in New York
which shape the policies of the New
York newspapers, and which have
heretofore dominated the finances of
the country. These banks have Euro
pean partners, whose interest it is that
all debts contracted with these banks
should be paid in the dearest possible
money. That is gold. These few
banks control all the other banks OF
New York. None of the smaller banks
dare have any opinions that are CON
trary to those of the big banks. They
would be shut off from the privileges
which the large banks have created and
control.
HOW A YELL FOR GOLD Is STARTED.
"The merchants of New York are all
i'll the hands of the banks to greater
or less degree. The merchants sup
port the newspapers with advertising.
When the big bankers yell for gold the
little banks yell for gold The word is
passed TO their customers, the mer-
chants, to yell for gold, and they re-
spond. If the newspapers fail TO Join
in the chorus the merchant shuts off his
advertising, and the newspaper is done
for. There never was more abject
slavery, albeit the bondage is indirect
and imperceptible. 1t is on this account
that the advocates of free silver can get
no hearing in the east. But the west
is beginning to understand what to do
in order to force recognition of silver
on the east.''
FREE SILVER SURE NEXT YEAR.
Speaking further on the line of sill
yer legislation and answering inquiries,
Senator Stewart said:
SAT the next session the republican
party will have no say as to the silver
question. The democratic party will
have the house, and there will be free
and unlimited coinage bill passed in
both branches of congress. 1t is too
late to consider any compromise meas
ure. The republicans had the oppor-
tunity in the last session to pass bin
for free American coinage, but rejected
il. Now the issue is forced and must
be on unrestricted coinage. The Pres
ident will veto the bill, of course. 1t
will put Mr.. Benjamin Harrison in his
political coffin. What if Mr.. Cleveland
ask? Why, the third party will come
up and the republican party will be
destroyed. 1t will be dead if il opposes
silver The people want free silver
coinage. They know what is the trouble
of the times. They know it is the scare
ity of circulating medium. They have
found out why the shoe pinches. They
are not going to be deferred from eN-
tending the circulation by coinage of
both metals-silver and gold-that they
can procure.
SENATOR STEWART ON THE VETO.
"We once thought, said Senator
Stewart in reference to the veto power
rs conferred on the president of the
United States, ssthat the veto i'm the
hands of the president was a great
safeguard to the nation. 1t is the
foundation of monarchy, and we are
drifting toward monarchy rapidly.
The man on horseback is in the shadow
riding along very slowly and patiently,
but he can set the horse at strong
gallop whenever he desires. If you
were in congress for session you
would realize the tremendous power of
the veto. You have bill or two which
you are anxious should pass. But when
they are passed the executive veto hangs
suspended over you like the sword of
Damocles. If the president wishes You
to vote for this OF that measure he has
only to intimate as much to you, and
in fear and trembling for your own little
pet measures You meekly do his will.
The president is the autOcrat of con-
gress. Then he dispenses the vast
patronage of the government and can
| - 60 Il l. -, he, of tk..t.
means than fear. The exercise of his
favors is u most potent power. The
tendency of the t.,n,s is to give the
president control of the railroads -aanld al9
the telegraphs of the United States,
with all that additional retinue of
places and patronage at his disposal.
If the force bill had passed he would
have had 100000 more agents at his
command What will be the result
when the president wields such inn
mense powerp We shall see that time
when president will insist that his re-
| election for third term is necessary.
There is nothing in the constitution to
prevent president from being electeda Il
third or fourth term. When the third
term is secured we shall have presi-
dents for life as they do in Mexico, and
when n president dies the revolution
and the strongest man.
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