The Caucasian. (Clinton, N.C.) 188?-1913, 1893-06-15
CLEVELtNO's EXTRA SESSION.


about the work that he will dictate to
be done by congress when it meets.
Read carefully his words, which We
give in full
While there has been no mystery
nor secrecy In regard to my intcn-
ton III this matter, think ii not
amiss that our people should he in
formed authorltatively that the time
Is at hand when their Representa-
tives III congress will be called upon
to deal with the financial condition
which is the only menace to the
country's welfare and prosperity"
What, is the financial trouble the
''"nly menace to the country's wei
fare and prosperity ?" Has the tariff
gone b Europe To spend the sum
mer You remember how last year
Cleveland said that the tariff over
shadOwed all other questions, and
then every little tiunkey, politician
and gold bug newspaper said Eyes
the tariff !. the tariff . is our greatest
and only trouble The Alliance and
the reform press were the only ones
who persisted that the financial ques-
tion was the great issue. During the
last campaign Gov. Carr said that the
tariff was the greatest financial ques-
ton, and that the greatest financial
question was the tariff. But it is
now time for him to change his opin-
ion for Cleveland has taken snuff.
Cleveland goes on to say:
at is well for the people to talk
upon the subject for themselves and
arrive at their own conclusions as to
the merits of the financial policy
which obliges US to purchase idle
silver bullion with gold taken from
our reserve"
Mr.. Cleveland says that he is "ob-
liged" to buy silver with gold. Now
Mr.. Cleveland knows that is not true.
He may fool the blind partisan mem
bers of his own party with such a
statement, but the people who are
thinking and reading for themselves
know better. They know that silver
is bought with silver certificates,
issued for that purpose, and that the
law says that these certificates shall
be redeemed in coin, either gold or
silver at the discretion Of the ad-
ministration. Now it is true that
Mr.. Cleveland has ordered these GER
tificates to be redeemed in gold, but
why did he do it ? He claims he did
it to try to bring gold and silver to a
parity. But mind you gold was al
ready at a premium and scarce. This
| action has increased the demand fol
| gold and further increased it's price,
thereby making a greater disparity
between gold and silver. If silver
had been at premium then it would
| have been proper to have paid out
gold. No Mr.. Cleyeland you were
not "obliged' to pay out gold. The
spirit of the law and the pledges of
your party should have "obliged''
you to pay out silver. The remain
der cf his statement is as follows:
Gone does not need the eye of a
| fnancier to see that this gold thus
subtraeted from the Governments
stock is eagerly seized by other ma
tions for the purpose of strengthen
ing their own credit at our expense
1t does not need the art of states
manship to detect the dangers that
await upon the continuance of the
operation. Already the timidity of
capital is painfully apparent, and
none of US can fail to see that fear
and apprehension in monetary cir
cles will ultimately bring suffering
to every humble home in our land.
| think that now and between the
meeting of congress much depends
| upon the action of those engaged In
| financial operations and business en-
| terprises. Our vast national re-
sources and credit are abundantly
sufficient to Justify them in the ut
most faith and confidence. If, in
stead of being frightened, they ire
conservative, and if, instead of
gioomily anticipating Immediate dis
aster, they contribute their share of
hope and steadiness they will per-
form a patriotic duty and at the
same time protect their own inter
ests. The things just now needed
are GOODNESS and calmness in tinan-
cial circles and study and reflection
among our people"
The above paragraph is intended
as taffv to the people. "Study and
reflection among our people, is al
ready going on, and to such an ex-
tent that every movement OF the ad-
ministration will be watched. And
unless the administration changes its
course it will have cause to regret
that the people are studying and re-
fleeing. The people are already be-
ginning to believe that the present
financial disturbances are manufac-
tured with a view to demOralizing
| the people and business so they
will submit to the repeal Of the sill
yer law and the issue of bonds. Let
the people watch. The money pow
er is getting ready for the boldest
move on the political chess-board
since 1873. Eternal vigilance is the
price of liberty!
If YOU want The CAUCASIAN for
a whole year, send us one of those
IS cent silver dollars and we will
| folio ~ for 1OO oapto DnD't Won