Arizona weekly journal-miner., 1893-06-07
Arsr,Nsl.ErrER.
He Tells Of Matters andThiRgs 'n
 Washington.


 Washington.
 WASHINGTON, D. C., May &.-- Especial Correspondence: It has been settled that this admins tration is determined to reject the Hawaiian islands, break up tho re- ciprocity treaties and destroy the tariff. Interest now turns to It's plans in regard to currency, and ln that it seems that the people are to be as much disappointed as m the other matters of its policy. lt was not expected that it's first step would be to haul down the American flag which had been raised by republi- can hands over valuable accession 10 our possessions, nor was 1t anti cipated that it would immediately set to work to destroy reciprosity.
 but having done both of these a a new surprise seems to he awaiting the people in it's preparations Tor restoring to the contrary the m,ser- able and dangerous currency which existed before the war. Perhaps it might have been expected that a party without progressive ideas would return to its old methods
 which existed when it was in power thirty years ago, but few people be- lieyed such a step possible. Yet it seems likely to come; from present appearance the people of the coun- try arc likely to find themselves again embarrassed with food of dangerous currency which nobody will be able to understand and in handling which the masses will be m constant danger of deception and losses
 lt IS curious fact that the demo cratic party which has constantly complained that the republicans were controlled bv Wall street should, the moment it gets into power, deliver itself over to Wall street influences. It is apparent, however, tEat Wall street is to be absolute dictator as to the financial policy of this administration. Asto the masses of the people and cs- peclally the country people. their wants and especially their safety seems to be matter of no conse- queuce.
 lt all comes about through the demand of the capitalists of Wall street and Europe for the repeal of the Sherman law. There has been q constant howl on the part of finan- ciers ot New York and the money loaners of Europe for the repeal of the silver act of 1890, and while there was probably nuintention orig lnally on the part of the admins iration to go into the wildcat cur rency business, 1t IS finding this i was the easiest way of | meeting the demand of these two clements to which it owes its grip | ipon public position. As soon as hr. Cleveland was elected, the capi- aliSis and money loaners began to demand the repeal of the sherman aw. They were afraid that some of he obligations of the government md individuals would be paid Co hem m the currency created by the  sherman act and made a legal ender by that act. IT it were not or the legal tender features ol that aw they would not be at all dis nrbed about it, for they could re- use to accept the silver dollars or oin certificates issued under it. What they want is to make gold the ne legal tender or to keep as near D that basis as possible. They do ot care what kind ol currency the laSses have among themselves, if ley, the capitalists, can demand old or that which eau be readily Irned into gold, as the one eur 'ncy in which all obligations shall g paid to them. O. r. AUSTIN.