The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1894-11-29
CONCERNING FINANCIAL PLANS.
The Proposed Plan That the President
is Said to be Formulating.
ATLANTA Constitution. /

The Constitution has no criticism TO
make of the proposed financial plan
that the President is said to be formu-
lating. When the plan is presented
we will speak Of it as it deserves. If
it is for the benefit of the people, we
will say SO and urge It's adoption; if it
is in the interest of any class of pco-
pie, and, therefore, detrimental TO
other classes, we shall not hesitate to
CritiCiSe it as it deserves.
The simple fact that the President
has been aroused to consider the fact
that our present financial system is
very harmful to the prosperity of the
country is in itself gratifying. We
certainly have been emphasizing this
idea for two years steadily. We would
much prefer to have the members Of
Congress realize this, however, and he
able to announce that they had gone
to work to formulate some plan for The
relief of the people on the financial
question. They have always, hereto
fore, been charged with this duty. In
fact, the trainers of the COnsti:u:i N
put the matter almost entirely in in il
hands, and it would be better to have
the financial plan come from Congre IS
but, as the President has taken cnIrg"
of the matter in advance, let u, h ~"
that any plan he formulates will be III,
the interest of the people. 1T IS
give him the benefit of any douJ, that
we may have as to what he will do on
this very important question.
We print the news about TIL, as VIC
do about everything that the people
are interested in. If certain news
facts printed in the Constitution are
unpalatable to the President and his
friends, we cannot help it. We do
not make the news we print. We
wish we could we would certainly
make it more cheerful than we are
sometimes compelled to print. 1t
will afford the Constitution great
deal OF pleasure to print any news that
will indicate purpose on the part of
the President to give to the people of
this country plan for financial relief
that will relieve the great pressure that
now hangs over this country, embar-
RAISING business men-eXCept few
favored ones-the manufacturers. the
mechanics and the farmers and afiliCt-
ing the poor. If the news is disap-
pointing and shows that the President
IS trying TO iorestall any action of
Congress looking to the kind of relief
the people want and have a right to
expect, we shall print it all the same !;
but SO far as any criticism we have to
make OF his plan, we will wait and see
what ii is.
The people have Clamored loudly
for financial relief since the democratic
party came into power. This one
question is at the root of all our pres
ent troubles, and we must express our
regret that no member of Congress
has, during the past two years of dem
ocratlc supremacy, been euqal to the
emergency to develop some plan to
change our financial system so as TO
give relief
1t is possible that Congress is en-
barrassed by the fact that President
Cleveland has all along taken charge
of this matter, but it is of such great
importance that we now urge our
many leaders to take up the subject
and at once formulate some plan that
could be made a rallying point in the
event that the Presidents plan is dis
appointing when announced.
We most earnestly enter our protest
against the imitation of some of the
timid democrats TO let this subject go
over, without action, to a republican
Congress. 1t would be a plea of
guilty to the charge that the demo
cratic party is incapable of handling
this very important question. That
the democratic leaders in the present
Congress have not handled it as leaders
should, accounts to some extent for
the fact that SO many of our people
were gratified at the overwhelming
defeat OF many members of that body.
The defeat that came was certainly
very humiiating to democrats all over
the country. We do not believe, how
ever, that the verdict rendered in the
November election was against demo-
cratic principles, but against the
failure of the patty to make good the
promises 1t made when put in power.
Now let us have a we'll digested
plan in the interest of all classes let
all hands help to make it the law of
the land, and we will be able to 60
before the country two years from
hence with the hope Of victory again.
If we disappoint the people, it will
not only injure the party, but it will
destroy it and damage the country.