The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-06-09
MISREPRESENTATION.
Republicans Rsbsi,sng Against Their Ows
Legislation.

Some 81 our republican contempt
raries are grievou>ly disturbed by re-
cent OCCURRENCES IN financial circles and
are declaring that the troubles are due
10 democratic interference with the tar
in and laundering with the finances
That distinguished dinner-table ora
tor. Mr. Chauncey pepcw. declares that
Mr.. Cleveland has gathered about him
a On binct the members Of which know
as little about finances A. they do about
Hebrew scriptures
IL i not a matter Of record that Mr.
Depew j. a judge either Of financial
matters or of scriptures of any kind.
He knows a good joke well enough
when he sees il To appropriate II. but
he has given no evidence that he has
gained the least financial wisdom even
by ABSORPTION. On one occasion at least
Mr.. Carlisle demonstrated his superior
ity in financial foresight To the aggre-
gated wisdom of the national banks
In 1851 Mr.. Carlisle offered an amend
ment to the refunding act which pro-
vided that only per cent bonds should
be received as security for circulation.
Il ne udllOuil lfANA'~Att. Nh'
denounced the amendment n a BULLDOG
ing measure. and as one form of repu
diation Nevertheless il was adopted
and the national banks threatened
contraction Of the circulation and
forced Mr. Hayes and Mr.. Sherman To
oppose the Carlisle amendment 1t was
vetoed and beaten
But time has vindicatsd Mr.. Carlisle
Th, bonds the banks rejected have be-
come the corner stone of credit; the
bonds they held have been redeemed
and cancelled The circulation Of the
National banks. which. October. ISL.
was $50. OO0. 900. was. October. 1892.
only sl43. 900. 600. Had the banks
bought the bonds as required by Mr..
Carlisle's amendment. they would have
ha>. twice the money in circulation that
is out to-day. and the clamor for silver
would have been less imperiou>.
Nothing in Mr. Dcpew's career not
even his support of Horace Greeley. re-
fleets such credit on him as Mr.. Car
isles amendment reflects on the secre-
tarv of the treasury.
But compare the cabinet of Mr..
Cleveland with the cabinet Of Mr.. Har-
rison and ask the wise men of America
whose opinion they would prefer on
financial questions. that of a body
headed by Mr.. Carlisle or that Of a
body OF which Mr.. Charles Foster was
the shining light. Here in deadly
parallel columns are the two cabinets:
clsreianf.1 Hirri'ons
c--'+-', Foster
Yam. Foster
II sell Wauamakcr.
, Smith. Noble.
Herbert. Tracy.
Oinev Miller.
Morton. kusS.
, Lamont ElkinS
But to Mr. Depew and all others who
! find il difficult To live under a govern
ment administered by democrats. il j.
well to say that IL any mischief comes
from existing laws the laws were made.
not by democrats. but by republicans
The laws were made in opposition 70
democratic protests and in spirit di-
rectly contrary TO the democratic spirit
principles and purposes
Certainly democrats cannot be
charged with party responsibility for
these laws. A republican senate re
jec.ed every act meant 10 modify the
iniquity of the Mckinley bill. and re
publican senate refused to repeal the
sherman bill. Mr.. Cleveland has nc
authority TO repeal either bill. both OF
which he condemned They were fasten-
cd on the people by republican
leaders in congress; they can be re
pealed only by congress The impa
thence expressed by the republicans
with their own laws is swift condem-
nation OF vicious legislation
a democratic congress will be called
together in due time to rid the country
of these two examples of republican
statesmanship-the Mckinley bill anc
the sherman bill. 1t does noe talk,
one familiar with Hebrew scriptures q
see that these measures are working
mischief Louisville Courier-Jonrnal