Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1894-10-15

LAND reduced the debt over S1oo'VO0'
200 more than HARRISON did.
That's lie No. nailed.
II addition 10 this the government re-
,eirts under the HARRISON administra-
lion were over 500, 600, 600 more than
the receipts during the CLEVELAND ad-
showing not credit OF
ovsr s95s OOO, 600 to CLEv ELAND over
HARRISON.
So much for the public debt reduc-
ton.
The IntelliJencer, or MCKINLEY thus
being altogether over three hundred
and forty millions OF dollars on the
wrong side Of the ledger, goes on with
the brutal murder Of the truth as fol-
lows:
7, isa instrumentation TO assert that
President Harrison handed over the treas
n7v m Mr. Cleveland with deficit. Tue
tri1tb is ne handed over 70 his Democratic
s,,ccsssor SlOOOO0. 600 gold reserve, OF
which President Cleveland has spent more
than s45 OOO. 900. reducing the Iund nearly
one.balf besides increasing the puoilc
debt So. 900. 900 by bond issue.
This in itself is plain, fiat acknowl-
s6gsment that HARRISON turned the
treasury over TO Mr.. CLEVELAND bank
rupt. for the 500, 100000 gold re
serve had never been counted as
available cash, else there would
have been another S1OO,OOO,0OO to
rbe credit of Mr.. CLEvELAND's first
administration. On account OF the
change IN form Of the public debt state
nent by the HARRISON administra'
ton, il is impossible for any
man to tell exactly what was
the exact condition Of the treasury dur
ing the latter part Of HARRlsoN's term
But according 10 the simple system
Of bookkeeping handed down by our
fathers. there was something like $780,
600 600 of a deficit when HARRISON
turned the government over to Mr..
CLEVELAND in March. 1898, though ac-
cordtpg 20 the last statement issued
March /, 1898, by Secretary FOSTER
the net cash balace was S24, ,OSS
The same statement, however, shows
that of this amount the sum OF Sll,497,
s3q.74 was nickels, dimes, &c. HAREI
son started with hundreds Of million!
and ended with nicksls, Deduct TIT
picxels and dimes which were never oe
fore counted as available cash, aud TIT
cash balance, even according TO FOSTERS
unprecedented methods of bookkeeping
was but SIP, 63O,24S. If this statemen
Of March /, 1898, by HARRISoN's Secre
tary Of the Treasury had been made OIL
the same basis as the Statement
of March 1, 1889, four year
before bv Mr.. CLEvELAND's Sec
rotary Of the Treasury which oil
not include as available assets fraction
al currency and minor coin, or the fun
10 redeem the notes.of national banks
foundation. nor the matured debt, in
terest due aud unpaid and accrued inter
est. there would have been shown at th'
end Of HARRIsoN's term net dedcien
cv Of about $50. 900. 600. The treasur.
had been bankrupt nearly two years De-
by covering into the treasury as avaiIa
bic assets funds that did not belong
tbera .,rr. HARRISON preferred to re-
I sort to that dishonest trick rather than
issue bonds or make legitimate use o
the gold reserve. He preferred to loo
trust funds and scrape up the nickelS
and dimes so as TO tide over the latter
months Of his administration and fore,
Mr.. CLEVELAND to make a bond issue
and put the treasury on an honest foot
ing once more.
The hltCNjgeRccr quotes Mr.. ELKIN:
in denial Of the REGIsTER's statement
Of the well known fact that Secretary
FOSTER had begun to make preparations
for bond issue when it became evident
that the deficit could not much Longer
be concealed, and in fact had the plate:
for the bonds already prepared when
HARRISON stepped in and haughtily de-
clared that there should be no increase
of the public debt under MS administra,
ton. Mr.. ELKINs certainly knows thi:
is so. HARRIsoN's Secretary of the
Treasury forced TO tne humiliating
act Of scraping together the
nickels and dimes to pay the run.
ming expenses OF the government dur
ing the last few months OF HARRIsoN's
administration showed that one Of two
things, bankruptcy or a bond issue, was
imminent ELKINs knows this; if he
doesn't, it does not alter the fact.
ELKINS' remarks on this point are OF
the same character as the IntelJigepcer's
and MCKNLEY's, above referred TO; in
fact are the same, for ELKrNs largely
used McKINLEY's speech, which the
records Of the Treasury prove to be un.
mitigated falsehood. or such is the
Republican campaign made.
THE ONLY ISSUE"
Under the above canton thu Intel