Arizona weekly journal-miner., 1893-08-16
HUCkEN o'NEruL. ON sItyr,,

In the last issue of the Tucson
 Enterprise, an interesting letter is
 published from tEe pen of Buckey ! O'Nelll, oa a question which at this
 time will be found of particular
 interest, and from which the follow
 ng extracts are taken:
 Among the measures proposed
 as a relief for the present financial
 crisis through winch the nation is ] passing, aud 8s a substitute for the Sherman Act, Mir Cleveland and
 hiS cabinet are said to favor tbe
 Issue of S5N,0O0OO0 in bonds. The suggestion has mt with the ap- proNal of the tiuanciers of the east.
 vet never Ia the history of our ma
 ton have bonds been issued except as war measure The measure wlll not add one dollar to the cir
 culaton, will furnish not dime to
 to revive already lauguishing enter.
 prlses or lnaugurate new ones. The
 only ones Co profit by 1t will be the
 bond owners. lt is part and parcel of
 that policy dictated at the close of
 the war, when bonds pay able in coin
 were declared Co be payable only m
 gold
 This policy ot making gold the
 only money metal has prevailed
 not only m America. but throurh
 out the world among the men who
 have had moUey to lend. IL iSa policy that makes it impossible for uo; only individuals but for nations to escape from the thraIdom of the money lenders, by refusing to give to the money borrower the means o' paying his indebtedness. No better illustration of the motives which govern the finauciers in their demand for the elimination of liver can bs given than in review of the national debts of the world. which in lSS9 showed a total of S35.65i, ,57aoOO.
 These bonds which it is mn posed to issue are not for the pay ment of any existing indebtedness. They arc only for the purpose of buying gold to hoard m the Treas ury. There is .ot a boad or other form of indebtedness owed bv the United States. which requires to be paid in the gold to be obtained bv the sale of these bonds. Every in- debtedness pf the United States is i payable in coin, either gold or 1 silver.
 With the interest and principal ] of every indebtedness and obiiga. l tlon of the government thus de 1 riared payablein silver equally with | gold lt Is proposed iu the future as .n the past to ignore silver and pay only gold-even if it be necessary to sell bonds Co secure that gold simply because the money leaders demand it.
 "ltwas out of deference to this same money-lending element tha, he indebtedness of Arizona pava- )le m either gold or silver. was made payable m gold alone. It 1 vas done, without the knowled-e of he people of Arizona, without wen consulting them-by and through the couniyance of Hon. Mark smith, a representative or diver producing territory who on the floor of Con. he issuance of S2.7OO,O0O in An ona bonds payable. interest and m gold or replace an qual issue of bonds payable in { awful money of the United States. ! [ Is not sought to impugn Mir mlth's motives for Saddling on .rlzona for the next fifty years to ' )me this enormous indebtedness ayable only in gold. no matter o hat the monetary standard ol the ation may be. Free silver. or no U lver will make no difference SD far ii 5 this debt Is concerned. Yet Mir c mith Is free silver advocate. At Ii aSt he has said so in Arizona tou In his actions in this regard ale hIS words. After ali, men ust be judged by their works.
 "lf words made men, Mir. Cleve- nd himself would be a free-coinar
 silver. The platform on which stood before the election ant to llch he Is endebted for the office n
 holds declares for the use of lr .th gold and silver without dis ; .mlnation against either metal. leSe are the words of the plat form tu .Ich NIT. Cleveland endorsed be fir 'e the election. No free-siiver ;o. m could have made them strong n yet, to-day. throughout the na- 'h n tfere ls no uercer opponent of a' Ter than Mr. Cleveland. ItC Neither convention swas sincere its utterauces. Each sought 10 ~ 'lead and deceive the people of P'
 west. lac To-day there is not in circula- "'. ! ln the United States a dollar liver which does no: contain tn grains of standard silver. Why inc n should not this silver dollar bc IT l 10 the bondholder as well as 'i, |! Al the time that every bond issued by the Government it hn' recognized that it was payable ton ally m gold or silver. For the inv
 twenty years, though, there l,., never been a silver dollar paid '''' er as interest or principal on u II national indebtedness. Ali that people now ask k that before law the bond holder shall be D tied to no better money than Fri'
 poorest citizen in the land. due 'n there Is one money for the "i and another for the poor, an lfte ocracy IS at once created. An hol, ocracy of the rich, a peonagc ana ie poor. BUCKEY DWELL. wei;
 " to h
 CLENELAND's MESSAGE. of le following extract Is taken doll
 the message of the nresihnnt PIUl