The representative. [volume] (St. Paul, Minn.) 1893-1901, 1894-11-21
MORE BONDS.
A GENERAL BREAK UP COMING.
The East Against the West In
1896.

to decline into nothingness, he should
read the newspapers. Look at these
quotations from the regular Washing
ton correspondent of the Chicago
Times, under date of Nov 18th. After
showing that Cleveland has snubbed
CARLYLE, and passed him by. negotiat-
ing directly with New York bankers
as to another issue OF bonds, in time
of profound peace, the writer con-
tinueS:
''But everybody agrees, in and out
of office, that bonds it is to be, and a
general as well generous public
sentiment puts the figures at $780,
100000. The diminishing gold re-
serve is given as the reason. A plan
to extend the circulation Of national
bank notes is the real one: At the
treasury they say they anticipate a
fight of American gold to Europe
$4,000, coo, indeed Hence bonds, on
a theory that it is Of no use to await
the injury to the gold reserve before
moving to it's reparation. AS the gold
is bound to go to Europe, one may as
we'll lay In a stock in advance and
thus be ready to meet the drain and
strain. Thus cogitate the minds of
money vaults.
1t thus comes that we issue bonds
and borrow mounds of money because
our gold is to be carted to Europe.
One might be led to ask: Is there no
other remedy than the pawn shop?
VIXEN one attempts to buy English
Eezd for export they put ar arbitrary
premium on it, and one lets it alone.
When one attempts the requirement
If Ern /, rrn1I fa
U0litely taught that one must buy sill
yer with gold to some strong, dampen-
ing proportion. They will not sell
French gold alone. Austria and 9TH
ers Of Europe have similar ways of
setting the brakes on efforts to carry
away their gold. The United States
goes deeper and more deeply still in
debt. Such system Of finance. and
it sounds like sarcasm to so style it,
would, should it ever obtain in the
private affairs of men, ruin any who
attempted it, from Lyman, J. Gage
tOa peanut vcGder."
And it seems that Mr.. Cleveland
proposes to rush the bonds out before
Congress can get together. The Times
correspondent says:
''It is not expected that the oues-
-
plete by the passing of the bonds and
the coming Of money much before
December 10, and begin at once. This
means bitter war both in house and
senate. Both branches Of congress
will become mere battle fields, where
its foes, sore and rancorous with re-
cent personal defeat at the polls, will
assail the administration. This news
of more bonds has already been read
in regions such as Texas ard Missouri,
and beaten congressman have wired
wrathfully to learn if another issue
were really intended.
They say that one of the chiefeSt
obstructionS in the pathway of democ-
racy in communities where they reside
was the late bond issue. Aud they al
so allege it to have been the heavies
club wherewith thePopulist is belab
them. The way these beaten people
of the house feel bonds are to become
the preteXt for the greatest war
which party in congress ever waged
against its president in the white
house. The short session coming on
bids fair to be the stormiest of the
last thirty years. And it is for this
cause Mr.. Cleveland is determined to
press the bond proposition to a finish,
and as soon as may be leave the dis
gruntled nothing but the hard-accom-
piishcd fact to break the teeth Of
their rage upon. Secretary Carlisle
wants to defer bonds until congress
comes, but Mr.. Cleveland will not"
But the silver question is about to
loom up also, and help tear the two
old parties to pieces.
The correspondent continues:
"While bonds and message arc to
now engage the faculties of tue adj
miniStration, soothsayers say that al
ready silver Democrats are in hot ar
rangement to push their proposition
in the coming session. They will in
cidentally declare war on all who op.
pose, not excepting the adninistra.
tion. They expect to carry affairs to
the point Of splitting the Democracy, il
noed be, and Of holding silrer Democratic
convention and runninga silrer Democratic
ticket IN 1896, should the eastern wing
of the party prove Obdurate for gold
1t is significant of the troubled times
that this silver war. which men in
tend shall be waged with high hand in
the democracy, will have it's parallel
in the camp Of the Republicans. Sill.
yer Republicans today declare them
selves as never so much in earnest,
and they too, mediate rebellion, eren 10 Tho
SptU-t2Chet pO10L 21l 1870, II silver Tree
dom be not redeemed. On the othei
hand. such bulwarks Of gold as Sher
man, among the Republicans, and
Cleveland of the Democrats betray
not the slightest thoughts of yielding
to the point of any actual liberty fol
silver"
And even Sherman snuffs the trou
BILE afar off. The old fox is alarmed
although great deal of mixed-uI
politics, varied and enriched by bittel
wars of half dozen sorts. is prom
ised for a palpitating hour near a,
hand. Sherman, who before talked
mighty little, now talks all of tho
time. At the same breath he is be
coming crafty and conservative
Speaking of the future Sherman said
ut is too early to say what the Repub
]ican congress may do. 1t is upwar(
of a year till the Fifty-fourth congress
meets. In that time conditions ma,
change and render present policies in
expedient and impracticable Their,
is small likelihood of an extra ses
sion. A Democratic president is no
prone to call together a Republican
congress in extraordinary session, ex
cept in case of extreme emergency
Whether the Republicans will modif
the present tariff laws or pass ney
measure is matter for future deter
mination. No one can tell"
Our readers will perceive that tn