The times. [volume] (Richmond, Va.) 1890-1903, 1893-04-30
CONSULT THE PEOPLE.

The New York Herald several DAVIS
back had number OF bank presidents
interviewed upon the financial situation
OF the country. Amongst them was Mr..
A. l.. Boulware, president OF the First
| National Bank OF Richmond. In the
course Of his remarks, Mr.. Boulware said:
THE politicians seem TO me TO be mis-
leading the people in trying to make
them believe that 1t is a fight between
Wall street and the country people"
Mr.. Boulware hit the nail exactly and
squarely on the head when he said this.
The free silver newspapers and politi-
clans generally take this as the text OF
every address they make TO the people.
The burden OF every song they sing is
conspiracy located in Wall street. New
York which aims at depriving the people
Of all money and leaving them all finan-
cial wrecks. This is true in one sense,
but in the sense in which ii is put out
to the public, it 10 absolutely absurd and
ridiculous.
Undoubtedly every man trading in Wall
is trying to make the best bargains he
can and to secure for himself every
profit which any transaction promises.
One mans profit is likely to be another
mans loss. and as all dealers in Wall
street are seeking to make profits for
themselves. in that sense all dealers
there may be said TO be operating against
all men elsewhere. But in following this
line OF conduct we see no difference what
ever between the motive that inspires
the Wall street dealer and the motive
that inspirs any other dealer. This is a
world in which every man in business
is for himself, with a kindly admonition
to the hindermost one to look out for the
devil.
But, when the politician goes before
the public with clamor that all the
men in Wall street are banded together
to gull the rest Of mankind and to fleece
them by deception and lies In which they
all knowingly unite, the politician is
either a fool or thinks he Is addressing
fools-most generally the latter. and often
with only too much reason for his opin-
ion. The dealers in Wall street are
like all other dealers, each one looking
out for himself and seeking to make the
most he can out of each situation as IL
arises, and that is the whole case, and
all that is in II.
The Bedford Index, commenting upon
Mr.. Boulware's pithy remark, gives ex-
preston to views very much in the line
Of what we say here. 1t argues, however,
that the people should not discuss and
consider matters OF this sort as being
questions too high" for them. 1t ad-
vises that all such matters should be left
by the people TO those competent men TO
whom they Rave intrusted the admins
tration of Federal affairs.
With the utmost Difference, The Times
differs toto Gaelic from our Eastern con-
temporary. The Times is an implicit be-
lever in the creed that the facts of
every case should be fairly and intellec-
tually stated to the people themselves.
and II has absolute faith in the sound
ness Of their judgment In any case what
ever when they understand the facts.
When they err In their judgment 1t Is
because designing men have misled them
regarding the facts OF the case. In this
very silver matter. for instance. they
have been made to believe that silver was
demonetized through a conspiracy OF
rich men in 1873 for the purpose OF bene-
fting themselves and injuring the people.
now so grossly wrong In their opinions
touching this matter But the truth can
not always be concealed In time the
peopAe will learn that there was no con-
cealment or conspiracy in the matter.
that Tiara had been coined by this Gov