The midland journal. (Rising Sun, Md.) 1885-1947, 1893-09-01
QUESTIONS OF THE DAY.
Looking at the Field.

reputation Of President Cleveland's
line of financial policy. There has
been since the assembling of Congress
distinct change in the sentiments of
those who at first favored absolute
subseryency to the will and wishes of
Mr.. Cleveland. So strong has been
this revolution that it is safe to predict
the reign of Cleveland autocracy is at
an end. Such men as German, Vance,
Boatner, Bailey, and others have dis
covered political suicide final and COM
plete ip acceding to Mr.. Clevelsnd's
demands. At the last caucus of Dem :
ocratic Senators, Secretary Carlisle
presented peremptory order from
President Cleveland to that body to
consider nothing but unconditional
repeal. Mr.. Cleveland was Informed
in no uncertain manner that these Sen,
ators were neither school children nor
hired man, and would attend to their
own business as duty and ability per-
mitted. A general row was imminent,
to prevent which the caucus adjourned
without action. Mr.. Cleveland went to
Buzzard's Bay, and Mr.. Carlisle TO
Deer Park. At this time the calling
of the extra session is round'y de-
nounced by nearly all farsiehted poll
ticians as tending to place the D, mo-
cratic party in line with Wall street
and thereby ALLEVIATE the South and
West more effectua|ly than ever. Long
before the session is closed the Demo-
cratic party will be rent in twain and
all prospects of future success will be
eliminated. 1t matters not now which
way legislation may turn, the party is
divided, its pledges are broken, and a
bitter internecine war iDaugurated.
Out of this condition the Populists will
reap an abundant harvest of recruits.
Already they are coming in, but not in
such numbers as the next six months
will disclose, We say, let the merry
war go on; death to them means life
and happiness to us.
X x
The subsidized daily press is just
now filled with articles advising, coax
ing and condemning people regarding
their duties to banks and bankers in
the present panic. Those who have
money are besought and entreated to
deposit with banks, and those who
draw out their money are roundly de
nounced as unpatriotic and unjust.
There is but one rational answer to all
this manufactured buster. Every one
has the right to control his own money,
and if suspicion or mature deliberation
convinces a man that his money is safer
in his pocket than in bank he should
keep it in his pocket, no matter what
the color or texture of the paid editor
ials of the daily press may be- Che
reason why people take their funds
from the banks or refuse to patronizc
them, lies in the enlightenment of the
financial propaganda of the last few
years. They have been shown that the
present banking system in this country
is rotten from center to circumference
and absolutely unworthy the confidence
Of the people. When a Secretary O.
the Treasury, during his official term
can plumber the depositors of his home
bank as did Mr.. Foster, it is time peo-
pie took alarm and withdrew theil
money from such disreputabie concerns
There is not bank in the United
States unaided by others that can pay
one.half Of its obligations. The spirit
Of inordinate greed coupled with an
opportunity for gambling unequaisd in
any other business has placed nearly
every banking institution at the nero
Of its creditors, and in consequence
they bave reached a chronic state oil
bankruptcy. Every bank failure SO far
has disclosed the most reckless business
methods and most unfair advantage
of the confidence of its deposit6:s, No
wonder under these continued and
repeated revelations the people are
drawing out their money. and all these
newspaper denunciaticns will simply
tend to increase rather than diminish
such action. At present under our
banking methods the most unsafe place
to keep money is in bank. We hope
to see the time once more when money
will be SO plenty that the people can
afford to keep some on hand at home
where a neighbor in want can be sup
piled with few hundred without
being compelled to go to bank and
give his soul as security for its use
AU.S