Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1893-06-01
THEMSELVES TO BLAME.
Republicans Rebening Against Their Own
Legislation.

THEMSELVES 10 BLAME.
Republicans Rebening Against Their Own
Legislation.
Some OF our republican contempt
raries are grievously disturbed by re-
cent occurrences in financial circles and
are declaring that the troubles are due
to democratic interference with the tar
if and laundering with the finances
That distinguished dinner-table ora
tor. Mr.. Chauncey Depew, declares that
Mr.. Cleveland has gathered about him
ca binet the members of which know
as little about finances as they do about
Hebrew scriptures.
1t is not matter of record that Mr..
Depew is judge either Of financial
matters or of scriptures of any kind.
He knows a good joke well enough
when he sees it to appropriate it, 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 1881 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.
The national banks protested; they
denounced the amendment as BULLDOG
ing measure and as one form of repu
diation. Nevertheless it was adopted,
and the national banks threatened a
contraction of the circulation and
forced Mr.. Hayes and Mr.. Sherman to
oppose the Carlisle amendment It was
vetoed and beaten.
But time has indicated Mr.. Carlisle.
The 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, 1881,
was $500. 900, 900, was, October, 1892,
only s143, O0O,O 900. Had the banks
bought the bonds as required by Mr..
Carl1sle's amendment, they would have
had twice the money in circulation that
is out to-day, and the clamor for silver
would have been less imperious.
Nothing in Mr.. Depew's career, not
even his support of Horace Greeley, re-
fleets such credit on him as Mr.. Car
isles amendment reflects on the secre-
tary 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
body of which Mr.. Charles Foster was
the shining light. Here in deadly
parallel columns are the two cabinets:
C2eUeidnd's. Hdrris0n's
Carlisle, Foster,
Gresham, Foster,
BiSSell, Wanamaker,
Smith, Noble
Herbert, Tracy,
Olney, Miller,
Morton, RuSk,
Lamont Elkins.
But to Mr.. Depew and all others who
find it difficult to live under a govern
ment administered by democrats, it is
well to say that if any mischief comes
from existing laws the laws were made,
not by democrats, but by republicans.
The laws were made in opposition to
democratic protests and in a 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-
jected every act meant to modify the
iniquity of the Mckinley bill, and a re-
publican senate refused to repeal the
Sherman bill. Mr.. Cleveland has no
authority to repeal either bill, both of
W I1Cu ne COnOSmneu. L u0V were 1dSUen-
ed 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 and
| the Sherman bill. It does not take
| one familiar with Hebrew scriptures TO
| see that these measures are working
| mischief.-Louisville Courier-Journal.
CHARACTER OF THE TREASURY.
| A Republican Partnership That Should
Be Dissolved.
| A number of very excellent people
| appear TO be mistaken as to the char
acter of the United States treasury.
| Cur Washington correspondent reports
| that bankers have visited Washington
ana written to the secretary for the
purpose Of securing his cooperation in
the money market.
| He has been informed that he is the
greatest banker in the country. He
is nothing of the kind. He is not a
banker and the treasury is not bank
| ~ 10 III; l,l e. l.