The Waco evening news. [volume] (Waco, Tex.) 1891-1894, 1893-09-16

people 10 reap the rewards OF tnelr
own folly
"Was my friend from New y ork
(Mr. Cummings) in the city of
Washington on the frs. day of May
last?
"Mr. Cummings was.
"Mr. Hatch--I thank the gentle.
man for giving me that information,
because 1t furnishes a key to the
whole situation. The New York
Sun, in it's w sshington letter, pub.
lished May /, 1898, says;
"Mr. Cummings--Will the gen.
tleman permit an interruption?
MIR. Hatch-Ies, sir.
"Mr. Cummings-Tbe gentle.
mans statement is correct, but his
assumption is erroneous. Maush,
ter
"Mr. atch-That remark is
simply evoked by the gentleman's
modesty. Laughter.) | will re-
peat this statement:
" The statement of MIR. Car
Carlisle to the New York bankers
makes it clear that while Mr..
Cleveland works in congress, the
bankers will be expected to work,
not in New York only, but
throughout the country, doing their
utmost to pinch business every
where in the expectation of causing
money crisis that will affect con
gress from every quarter. There
is an expllcitness in these declara-
tions and boldness in making them
that would be astounding were rot
the country too familiar with MIR.
CLEVELAND and his methods to be
astonished by anything from him
"The circulation and Importance
of this papsr warrant the assertion
that Mr.. Carlisle read these state
ments. l have watched in vain for
any denial or even modification of
them. On the contrary, proofs as
strong as Holy Writ are aocumulat-
ing to justify and prove their cor.
rectness
Now, my friends, there is the be-
ginning of this money crisis.
The publication quoted by Mr..
Hatch has been quoted from New
York TO San Francisco and has never
been controverted or denied The
proofs piled up in this debate, both
in the senate and house, in support
of the truth of the PROPOSE.
ton, that this panic was de
liberately brought about for the pur-
pose Of placing the people in duress,
in order to compel their assent to
the repeal of the Sherman bill and
their acceptance of all its conse.
quences in the revolutionary and
radical changes in our monetary
system is so conclusive as to leave
no room for doubt.
take the liberty of using here
again quotation from the Pnila
delphia Press, one Of the great
newspapers of the country, which
has been adverted to here and in the
other house, az follows:
"The New York banks for sew.
eral days have been endeavoring
to bring home influence on United
States senators to induce them to
vote for the repeal of the July sill
yer law.
"To this end correspondents of
the New York banks in the west
and South have been told that they
need not expect to get money from
New York until the purchasing
clause was repealed, and the south.
ern and western BANKERS have been
strongly urged to write to their
senator's and insist that they work
and vote for immediate repeal, This
movement has given rise to the
recent feeling in New York that the
silver majority in the senate could
be overcome, as the influence of the
banks of the metropolis, when con-
centrated on any object, is regarded
as invincible There is a feeling
that the strain is not as great as it
was, and improvement is hoped for.
Some anxiety exists as to the action
of savings bank depositors when the
thirty and sixty day limit expires
next month. The requirements Of
money for the crops will also be a
potent factor, but no one is dis
posed to contemplate future condi.