The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-03-30
THE PRESIDENTS VETO.

The veto message which President Cleve-
land sent to the House yesterday must be
regarded by far the ablest official paper he
has yet prepared. It's tone is that of man
who is sure that the argument is on his
side, in which respect it is contrast with
other messages he has sent to Congress.
The arguments which he presents against
the further imitation of silver money and GER
tificates at the present time are unanswer-
able 1t is not that those who believe with
the President are opposed to silver money.
but because they fear silver monometallism
Make it certain that such a calamity would
be impossible and those who oppose free
silver coinage or seigniorage coinage would
be as jealous as Mr.. Bland for the measure
and much more Jealous than would those ad-
vocates OF it who advocates only be-
cause the silver dollar in its own value is
cheaper dollar than the gold one. Those
who agree with the President fear
silver recommendation, and they would
prevent 1t by keeping all the
pledges OF both parties to main
tain a parity between the two kinds of
money in circulation. To adopt a policy
such as that intended by the Bland bill
would inevitably tend to destroy the exist
ing parity This the President makes very
clear.
But If the bill was not a menace to sound
currency. the President shows conclusively
that the Bland bin should be vetoed because
of the confused and almost conflicting pro-
visions statements in the measure itself.
This fact was made known to Mr.. Bland
while the bill before the House. and yet
he declined to recast the measure so as to
make its meaning clear. The President
shows up these confusions and inconsistent
cies in a manner which should convince the
advocates of silver coinage that they should
not trust Mr.. Bland to conduct their bills.
One objection to the measure which the
President presents is the calling in of
the coin notes. full legal tender paper
money. and issuing instead silver certih-
Gates, which are not legal tender. This Is
commended to those who are sticklers for
legal tender paper money and no other
For the most part the harsh criticism of
the message will come from the papers of
the Presidents own party. The crossroads
organs which have not received a portion
of postoffice will repeat their dreary drivel
about Wall street and the money power
when they should, for once in their exist
ence, make themselves useful by sustaining
the sound and timely views of the Demo-
cratic President The Democratic President
is In favor of, sound money and so are the
best men of his party; that is, the business
men of every section not interested in sill
yer mines. The Democrat in Congress from
Indiana has preached cheap money heresies
and played the disgusting demagogue SO
long on the currency question that he has
become the dupe of his own tricks. 1t is
most appropriate season for him to turn
from the error of his ways and to spend
his spare time in the future in reading and
explaining the Democratic Presidents mes
sage to those Democrats whom he has led
to believe that the less value there is In a
dollar the more desirable 1t is.