Elmore bulletin. [volume] (Rocky Bar, Idaho) 1889-1906, 1894-02-03
THE SoErTIcAL SITUATION
FOOD FOR THOUGHT.

money in the United states treasury.
IL was claimed that the surplus con
ssitutei withdrawal from the circu-
lating medium 10 the detriment OF
business transactions, and as relief,
premiums were paid for the retire
ment OF government bonds before their
maturity.
Shortly after the Inauguration OF
President Harrison the SCAR Reed
Billion Dollar Congress, collided with
that surplus and the question OF what
TO do with il was eliminated.
On March 4. 1893, when Benjamin
Harrisop's term ex ired the great ques-
ton WAS what TO do to fill an empty
treasury, and protect the safety re-
serve. As early as February, 1893,
Secretary OF Treasury Foster, had U.
s. bonds printed ready for sale to pro-
tect the reserve, and Ben Harrison was
praying nightly to God to stay the
tidal wave OF disaster until March 4th.
The Republican party had been as
sorting that this was billion dollar
country, and that the way to get the
billion dollars for expenses was TO COM
pei England to put it up, by the pass
age and enforcement of the Mckinley
bill. The Mckinley bill, which it was
claimed was compelling England to
pay the expense OF our government,
was in full force, but some way or
other the Republicans had lost the
combination and the scheme did not
work. For decades the Republican
party had been robbing the West and
South by a protective tariff and had
given the result to the eastern manu-
facturers until all the money circalat-
ing In those sections was what the
eastern nabobs had loaned back TO the
people on real estate mortgages; and
that was leaving the country by en-
press-freight trains being too slow.
One thousand men in the United
States owned 70 per cent. OF this bill
lion dollar country and 80 per cent. Of
the Republican party.
An acre OF New England rock COW
cred with a factory, would support
castle in Europe, yacht on the ocean,
and a villa on the Hudson, whilo n
hundred aud sixty acres of fertile titled
land in the Mississippi valley would
not furnish family, after iayment Of
expenses, with open-faced pies for con-
sumption.
The Republican party had assaulted
silver until one-half Of the coin basis
of money was destroyed-the result
being that the money owed by the
West and South had to he paid to the
eastern loaners on q gold basis, that
doubled the value of .the mortgages TO
the holders; while everything the
debtors had 10 sell, with which TO raise
the money, had deprecated below the
actual cost Of production.
Massachusetts, with her protected
machinery operated largely by girls
brought over from Canada, increased
in wealth from 1880 10 1890 TO much
greater extent than did Illinois. Mis-
souri,, Iowa, Nebraska, Kansas, Mime
sofa and Wisconsin combined.
The Republican party for more than
thirty years had enacted every net of
legislation placed on the statute books
of the United States, with the result
that this country became virtually a
land of Patricians and Plebians. No
Roman conquerer ever pillaged pro-
vince and carried the spoils 10 Rome
more effectually than the Republican
party pillaged the West and South,
and sent the spoils 10 the northeast.
There was this difference, however,
the Roman came as conqnerer with
out disguise, the Republican party
came az Judas, with a smile and a
kiss. The Republican party having
brought disaster upon this fair lapd,
having filed one section with poverty
and filed another with the 400" hav,
ing created an army Of idlers, greater
in number than the armies Of the re-
bellion, having stified foreign trade
and enterprise. introduced anarchy
and socialism among the people by its
policy of legislating in the interest OF
capital. pretending that capitalists in
return would give employment 10 the
poor; now, that it has been driven
from power, true to its instincts OF
fraud and deception, Gays: Behold
HE Democratic party the author OF
your woes"
The Wilson tariff bill is now in pro-
cess Of formation. IL is hascd on the
principle Of revenue instead OF protec-
fion. IL is very much such a measure
as General Grant urged IA years ago,
ms Garfield approved, MS Allison Of
Iowa endorsed nj that time. II is the
only measure that will bring this
country back ~ prosperity. The
country i suffering from an overdose