Mexico weekly ledger., 1894-08-23

.ions III the management of private
business affairs of the citizen.
BUSINESS DEPRESSION.
| "The results have been witnessed
IN the widespread financial and com.
merelai depression that swept ovel
the country. Great national banks
have toppled and fallen, burying toe
often in disgrace officials of those
institutions in the ruins. Forced and
unnatural prosperity of commercial
and manufacturing enterprises could
not meet the day of reckoning.
"And now We see q once great
party seeking TO escape public con-
demnation for their mischievous pol
icy and still deceiving long suffering
people by charging these re-
suits to the accession to power
OF the Democratic party. Now
IN the seeming satisfaction which the
Republican press records one COM
mercial disaster after another history
seems to repeat itself when we read
that Nero fiddled while Rome was
burning. In assuming control of the
government no party ever encounter
ed such tremendous difficulties as met
the Democratic party, and no greater
struggle to fulfill the promises and
redeem the pledges it had made in its
declaration OF principles of 1892.
lone by one these pledges are be-
ing redeemed through the heroic eff
forts of our representatives in Con-
gress. The iniqultous and unjust
Federal election law has fallen be-
meath our sturdy blows; the promise
to repeal the silver purchasing clause
of the Sherman act has been fulfilled,
and the belief enacted into law that
no special or privileged class of prop
erty shall escape its just share of the
burden OF tax, even though that be
the hitherto boarded and sacred green
back or national currency. The
struggle must be brave and earnest,
for the tiercest opposition is to be en-
countered all along the line. Seige
has been laid to the stronghold of
Repubiicanism-its protective tariff
and the day of Il broad commercial
freedom is surely dawning upon us.
''Step by step We fight our way,
camping on every vantage ground,
until We stand amid the purpling
heights of victory won and success
achieved. We will not be content to
rest upon the mountain and look into
the promised land, but will enter it
and take full possession and leave it
as blessed heritage to our children
and they who may come after them.
Every point gained is an advance not
alone for to-day, but for the future of
the country. There must be no back
ward step; the cry is forward.
"We may not in the present meas
ure and through the present Congress
secure all that may be desired, but it
is just as sure as night shall follow
the day all legislation that may give
relief in the direction of true tariff re-
form is to remain upon the statutes
fixed and secure. 1t may be added
to and advanced, but it will never
more be taken from or moved back
ward, it matters not whether the Re-
publican or the Democratic party may
be in the ascendancy. The tariff re-
form, a broad commercial freedom, q
revenue taxation based upon economic
expenditure, has come to set its seal
upon all future legislation of the
Government.
A GRAND OPPORTUNITY.
"No grander opportunity was ever
presented to political party than that
placed within the reach of the Demo-
cratic party. We shall earnestly OPP
pose and bravely meet an open honest
foe, who by inheritance and teachings
may never have been with or for us.
But those who, marching under the
banners of Democracy, abandoning
Democratic principles and forgetting
the sacred cause of the people would
place obstacles in the way by localiz-
ing great national truths of govern
ment, let them beware that indigna-
ton of an aroused and outraged party.
Where President Cleveland, trusted
leader, will be true to lead we shall be
brave enough to follow. The Demo-
cratic party has at times suffered de-
feat in the past, and may meet tempo
rary defeats in the future, but it never
Will
when the cause of the people, to which
it has ever been true, when represen-
tative government which it has faith
fully defended and the great principles
it has advocated shall have been eter-
nally lost.
"The line marked out by President
Cleveland in his message of 1887, his
recent letter TO Congressman Wilson,
the platform in 1892, will be strictly
adhered TO and followed until COM
plete revision and reform in national
taxation is attained. The masses of
the Democratic party are honest and
that their leaders shall be
honest and faithful to the trusts inn
posed upon them. They believe that
party platforms and declarations of
principles, when in convention assem-
bled, are made with honest purposes
and demand that public promises
must be as faithfully observed as in
dividuaI obligations.
Through storm and through sun
shine the Democratic party has been
the persistent friend, able and brave
defender of silver. Idon't believe the
day has come when we propose or can
afford in the interests of the people to
turn our backs upon this metal. 1t is
an important product of the country,
and from the days ofour fathers down
all the wondrous and amaz-.
ing growth of our country we have
found it q useful, safe, valuable medi-