People's party paper. [volume] (Atlanta, Ga.) 1891-1898, 1892-12-30

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| the government should refuse to honor
one of these notes gold would that in.
| slant go to premium, and the mischief
would be done. What are our Senators
and Representatives going to do about
| it The vast volume of paper currency
is swelling every day, and every day the
| gold is being drawn away from us by
| the hard-headed foreigners, who perceive
| that disaster is inevitable unless prompt
action be taken. On Tuesday two and a
! quarter million dollars of our gold coin
went out to Germany. On Wednesday a
million was shipped to France. On yes
terday, ia response to cabled orders, half
million left this port on freight steam
er for Germany, and it would not be
at all surprising if to-morrows steamer
for England should carry two millions
more. 1t is impossible that Congress
should, in bland idiocy, remain passive
until the country is whelmed by the
| threatened catastrophe. Here, day by
day, under our very eyes, the props are
| being knocked from under our currency
structure. What are the people in Wash
ington thinking about? Will they wait
till gold goes to a premium before wax
ing up?
These quotations disclose the po-
sition of the dominant faction of
the dominant party. To the tender
mercies Of those advocating the
policy outlined above have the pro-
ductive interests of the country been
relegated. Almost as certainly as
that the Fifty-third Congress will
convene, will an effort be made to so
direct financial legislation that this
country will be permanently and
irretrievably enlisted with the gold
standard nations.
That there will be protest is
evident !; but will that protest be
effectual? The Democratic party is
as completely controlled by the gold
ties as it was thirty-o odd years ago by
the element friendly to ohattel sla-
very. No more prospect of any
compromise exists now than then.
Indeed, the plan seems matured, that
the minority Of the party will Join
with a majority of the Republicans
and defy the people, who demand
legislation in behalf Of silver. The
effort will be not merely to maintain
silver in its present position of quasi
recognition, but to make it an out.
law, and it seems that the influence
and efforts of Mr.. Cleveland are
pledged to that end.
With how tender a stomach, there
fore, does the average Georgian learn
that Mr.. Crisp seems to have con-
sented to this scheme Of plutocracy,
and is now making overtures to Sc
cure the consent Of the President
elect to his candidacy for the Speaker
ship. AS his lackey telegraphs to
the Constitution, the Speaker is now
In New York for a conference with
the ''great leader" 1t IS safe to say
that the conference will effectually
decide both the Speakership question
and the policy of the party on silver.
1t is a fair inference, from what
has been disclosed of Democratic
purposes, to state that there is no
longer an issue between the or
gained bodies of Democrats and
Republicans. But the people of the
South and West are in dead earnest
about this silver question. They
want free coinage, and they want it
speedily. II the Democracy does
not grant it, wholesale fraud at the
polls will not be sufficient to con-
tinue the present Representatives in
power. The next Congress will be
composed Of new members in pro-
portion even greater than was the
last. And the new members will,
like those now in Office, be pledged
to free and unlimited coinage.