The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1893-10-29

makes the connection between the New
York clearinghouse aud the United
States treasury very real and vital one
10 say the least. Whether the New York
clearing house is an addenda to theU nited
States treasury, or the treasury merely
an attachment to the clearing house,
seems 10 be determined definitely by the
fact that ultimate and absolute direction
OF the policies of both Is clearly In the
control of the clearing house.
The connection of both i'll the produc-
ton OF the recent panic, wherein the
president of the United States and his
secretary Of the treasury were the active
agents of the associate New York banks,
is now established beyond question. The
whole scheme was fOreshadowed by
President Cievel land within one week
after his Inauguration, as published IN
the Cincinnati Tlmes-S.ar, and the de-
tails Of the conspiracy fully arranged IN
subsequent conference OF Secretary
Carlisle with the New York bankers on
April eth following the explicit outlines
of the whole plot being gwen IN the
New York Sun of April Goth. The
scheme of these public plunderers which
is coolly announced as ''the policy
of the administration, was put
forth in the following ex-
pres terms: "While Mr.. Cleveland
works in Congress, the bankers viii be
expected to work, Eot IN New York only,
but throughout the country, doing their
utmost to pinch business everywhere In
the expectation of causing money
crisis which will powerfully affect con-
gress from every qsarter." In surprised
comment upon this infamous undertak-
ing the Stn we'll says: ''There is an ex-
p!icitness in these declarations (Of Mr..
CarlisIe) and bodness in making them
that would be astonishing were not the
country too familiar with Mr.. Cleveland
and his methods to be astonished by
anything from him." Now bear in mind
that Mr.. Cleveiand's clear outline of the
plan on March IL and this further out
giving of April 90 by his secretary were
long before there was any panic, and
before anybody but those or the inside
could possibly know anything of any
Interior purposes. Shyloch applied
the thumb-screws precisely as fore
Swallowed, began the punching
process as was predicted-rhe squeeze,
as the president called lt-and at the
critical time he, in violation of law,
stopped the purchase of silver owned by
Denver banks, compelling nearly all
precipitating panic upon the country
which has swept the land with deSola-
ton.
Mr.. Editor, with all due Difference, 1
submit that this IS matter far too
serious TO be treated AZ Jest, or set
aside, as a trihe. Ii the homes the
happiness, tie safety of property, the
public wellbeing, are in the hands Of a
few men in THIS country who may, at
any moment when 1t suits their pur
poses, bring rum upon the people
above all, if the president may with
become a cOnspIrator with
them and deliberately aid and abet,
may himself engineer squeeze" of
the proportions of that now running its
or, for that matter, of any pro-
portions whatever, then the safeguards
of public right and OF liberty, in fact,
in this republic are Il mere sham and
pretense and stand III great need of the
attention of the people, and
all of them, without respect to party or
any local concerns.
A most searching investigation into
this whole business should be instituted,
and proceedings undertaken TO deter
mine If these hish-handed plunderers
are amenab!e to law, Or if. because the
executive is with them in its violation,
they are absolved of its penalties. And
if partisan congress refuse to impeach
The president of high crimes and misde-
in Office, then that fact should
BE- made Gear, to the end that the
American people. having all the facts
before them, may remove permanently
from power a party whose representa-
lives have proven themselves SO danger
ous i'll its possession.
S. E. JoCELYN.
Oct. %, $685.