Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-06-09

sacred
p6nd which
purpose and no
first, singularly
upOn-ihe nrst 10
Sdred million line which
restablifhed as the only line
lie announced in 1885 that this
zone hundred millions was trust
"a for the redemption Ofthe greenbacxs
- the Government Prior to that time 1t
had been carried on the debt statement as
any other cash balance in the treasury.
available for the payment OF any obligation
Of the government
Mr. Cleveland fixed that sum, below
which the government should not go, ana
could not 20 in honor and good faith, thus
creating Ia TIE minds Of the people the feel
ing that this was the danger line, and that
TO cross il meant financial CishonOr and the
violation Of pNghted faith. 80, wnen ne
was compelled TO cross II, as he has been
several times since the 4th OF March, is il
10 be wondered al that serious apprehen-
sion ami insecurity everywhere prevail.
MIR. Cleveland's course had justified the
alarm. He put up0he danger signal and
the country took note OF u, and was natur-
ally mislrGsful and disturbed.
tbs DEMOCRATIC VICTORY
oFISo2 has not been able 10 bring the bet
Ter times promised It has not been aOie
10 maintain the coed times which were en-
loved everywa re ia this country on the
day OF the victory. Business failures nave
Increased. banks have suspended, money IS
harder 10 borrow, and borrowers are coTq-
PEELED 20 pay higher interest for their loans
than for many, many years; feverlsh IN
certainty prevails IN every financial aad
business circle and labor and capital are
in CouDt about the future. This has been
our condition for two months, and no
change for the better IS az this moment APP
parent
ii may be said that the new administra-
ton is not responsible for the condition
watch is upon Us. IL IS so asserted anu
will be again, that this condition ought not
10 De chargeaole 10 IL. because the admin
istratiOn has done nothing 10 produce IL,
ana can do nothing 10 prevent II. / con-
cede YOU. that if nothing can De done by
the administration or Congress 10 relieve
the situation, then the acmlnistra-
lion should not be held accountable; out IS
this true! III TO. day tue President should
officially and authOritatively announce that
there would be no change in the Industrial
LEGISLATION OF the country, and that the
financial situation would be met and solved
upon that standard Of financial honor and
national good faith which has guided the
Republican party since It's installation 70
pOWerin 1851, confidence would again come
back. Would 10 nOti Does anybody doubt
itl
TIE PATH CURE OFFERED.
Security -apld displsce alarm. Faith
IN tho futCAS--sO indispensable to easy
money aud gUOd times-wOuld be restored; ;
gold would stay al home, and money would
70 from its hiding place into the great ave-
nues OF business, where it belongs. III It is
true as the administration boldly pro
claims, that our financial distress is Occa-
stoned by the silver purchase law, which
requires the government TO GUY 4,JuO,OVO
ounces Of silver a month and issue treasury
notes therefor, then why does not the ad-
ministratiOn convene Congress and repeal
that law. Mr.. Cleveland vainly sought It's
repeal before his Inauguration, out we have
heard little from him in tnat direction
since. With the Congress, Democratic in
both branches, elected Oy the same con-
stituency which elected Mr.. Cleveland,
with undisputed authority in him under
the Constitution 10 convene Congress,
be issues no call and takes 70
steps 10 repeal the law which he believes
istne cause OF our disturbed business con-
dition. Believing be knows the cause OF
the trouble, no makes no effort 10 remove
IL; AID in this is his responsibility, and
from it be caunOt escape
Three months have gone blythe coun-
try waiting aud suffering, ard Congress IS
uncOnveued; and its assembling IN extra
ordinary session is now as doubtful as 10
was three months ago. What be IS doing
we do not know. He has no time for ollice-
seekers-that is certain. He has closed
the doors Of his official household in
their faces; that is susceptible or
S he Will not see them, IL he
NatteatioE 10 TO che business condi-
of the cOuntry-which we sincerely
% be is-he is 10 be commended. But
should not lose sight OF the fact that be
hnOt unaided supply the remedy for our
Dcexed condition. Whether no wants 70 or
not, Congress must be taken into his conf
dence IncOuvenient as that may seem 70
the President, Congress must be consulted.
IL he has been WITHHOLDING tue call fOr an
extra session Of Congress in the belief that
still greater financial distvesses, and stu
added bankruOtcies are necessary TO bring
his party associates 20 the adoption Of his
views, then Democratic ascendency will
prove a costly lesson TO the people, and an
expensive experiment 10 the country.
arKINLEY's BILL CONES INTO VIEW.
But. gentlemen. since the administration
has done nothing Gnd has given 10 indica-
tiou Of o change Of policy, are we not iustt-
fed in assuming tina, what the Democratic
party promised 10 DO ia their national plat
IOfitl or lca-, LutN mean 10 10 upon tue dS-
sembling OF Congress. What did they
promised Among other things. the repeal
or the protective tarin law Of 1890, and the
enactment Of q revenue tariff law which
will give no consideration 10 American
labor, no heed 10 American enterprises,
aud no concern for invested capital, but
levied for revenue and for nothing else.
Do we want them 10 carry out that
promise! As Republicans, / am sure wedO
Ind 81. hN.
agree with Us. There are those who may
have voted for the President, possibly upon
other grounds than the tariff. VINO do not
want free trade. There are those who may
have believed with the President SIX
months ago ON the tariff question, who,
after further reflection. aud after viewing
the unsettled condition Of the country now,
would prefer that the present economic
policy should be continued. All such
should vote their true convictions this
year, and thus give 10 Congress and the
country their latest expression upon this
vital subject
What will the Democrats do with the
tarini Wecan only wait and see; but the
waiting and the anxiety and uncertainty is
paralyzatiOn.
FEELS SAD ABOUT WOOL AND TIKI.
Certain it is they will make wool free, and
thus strike down one Of OhiO'S great agri-
cultural products Tin-plate also must be
made free. and the new and splendid en-
torprises for making black sheets and tin
ming them must be crippled financially, the
millions of capital invested imperilled ana
the thousands Of workiugmen driven from
employment or be forced 70 WORK at reduc-
cd wages Sugar will have 70 go from the
list OF free articles 10 the list OF fairfield ar
ticles, and cheap sugar be again made dear
70 the masses. Coal, another product OF
a.. a