The times. [volume] (Richmond, Va.) 1890-1903, 1894-03-18
WILL MIR. CLEVELAND VETO THE
ELL?

The Washington Post believes the
President viii either approve of the seig-
niorace silver bill or allow it to become
law without his signature. 1t says
there is no doubt in administrative cir
cles that II the seigniorage bill stood by
itself and on it's own merits, il would be
vetoed by the President. But it says that
it does not stand by itself ana it Is
believed that the ultimate end Of the
tariff bill and possibly the unity OF the
Democratic party may be involved in its
fate. IT goes on as follows:
On both the silver question and the
tariff question there are many leading
Democratic senators who take extreme
views. but are friendly alike to silver ana
tariff reform. Some of these tariff re-
form senators, IL is asserted, have lnu-
mated 20 the President that unless the
South and Southwest can receive some
relief from the present financial strin-
gency by silver legislation they VIII,
in self-defcnce, interpose a silver ques-
tion 20 the exclusion Of the tariff cues
fion when that measure comes before
the Senate. These senators take the
view that whatever of protection there Is
in the tariff bin is for the benefit of the
North and East. which sections are
solidiy arrayed against any financial
legislation IN favor of silver. This view
during the next few days will be strons-
~ presented TO the President, together
with the fact that every Democratic
vote cast against the segnioragc bill,
with one exception. was cast by senators
north OF Mason and DiXon's line. They
also point out that If the silver question
Is not finally pat TO rest, the agitation
of IL during the coming summer and
fan will not only affect disastrousiy the
South and Southwest sections politically
but viii, TO a great extent. nulify amy
OF The benefits expected 10 accrue from
ihe passage of q tariff bill.
Viewed. therefore, from the standpoint
OF expedicncy. and not on its merits,
many prominent officials connected with
the fiscal policy OF the Government and
having intimate personal and party rcla-
lions with the President, incline to the
belief that he viii permit the silver
seigniorase bin 10 become law.
Though the Washington Post is ION
ine ground" and should therefore. pre-
Bumably know all that is to be known
about headquarters. we cannot believe
~ lofeiIlc iulI 0lf. 0lcNrl0nu, AAtcf
the brave and manly hght that he has
made Tor principle in the most threaten
ing days of his own fortune. will now
allow himself 10 be swervcd from the
path OF risht and his own convictions
by the spccious pleas Of demagogucs.
merely because they call themselves
Democrats. This 'seignioragc' bill as
IT Is called, Is nothing but an act Of
Congress TO create and issue fiat money.
II is an attempt 10 make money cut Of
The Governments stamp without eQuiya-
lent value at the back OF that stamp.
IL IN one Of the widest and most dan
eerous forms Of silver lunacy, and. Il II
becomes law. it places the United
States OF America before the world as
nation abandoned TO rotten money, and
The overthrow Of everything that Is
stable and fixed IN finance. The hfty-hve
millions Of debased silver dollars that
IL provides for are mere trine. But
the announcement 10 the world that
debts which Americans owe outsiders
are liable to be paid off at the rate OF
forty-fve cents on the dollar Is one Of
shs most prodigIous importance. The an