The Washington times., 1894-03-23
RoNDS AND THE BLAND BILL.

BONDS AND
The commercial press dispatches from New
York on Monday gave the country the follow
ing information:
AT the special meeting of the chamber of
commerce held to-day 10 protest against the
Bland seigniorage bill, now in the hands OF the
President, It was decided to send committee OF
fifteen TO Washington to personally protest
against the President affixing his signature TO
the bill Henry HeintZ, chairman OF the
executive committee, read the address that is TO
be presented TO the President Brayton Ives
said the President must be urged 10 veto the
bill If he did not do so it would be n violation
of a stipulation made between the administration
and the bankers of New York. A tele-
gram was sent to the President asking an audi
ence and stating that 4 committee would walt
on him tomorrow morning
Wednesdays dispatches contain this extra
ordinary impeachment of the President, rs
follows:
1.-The belief in veto of the Bland bill is again
predominant, and for this reason traders felt
justified in marking up prices. The
telegraphic dispatch authorized by the Presi-
dent TO the members Of the chamber of COM
nerce committee, advising them not 10 visit
Washington, intended, TO advise him against
signing the Bland bill, was construed 10 mean
that their wishes would be respected without
their presence being necessary. 1t is claimed
that the subscribers for the recent government
loan were assured that in consideration
of their subscription no adverse silver legisla-
ton would be allowed during the present session
of Congress- The above telegram is
considered as positive evidence that the original
promises are in safe-keeping, and that neither
condolences nor implied contracts will be in the
slightest degree impaired"
Here is a bold. bald assertion that the New
York bankers not only got their bonds for
1.1723, but that a mortgage on the President
was thrown in for good measure.
Such a deal, supposing it possible, was
fraud on both the public and the Treasury,
for it was not stated in the invitation for bids
that the White House went with the bonds.
Had it been, the silver men, the sugar men,
the whisky men, and many other men would
have taken the bonds at twice the minimum
price demanded. To give this secret induce
ment to New York bankers was to violate
every principle OF democratic equality and
rob the Treasury of millions of dollars.
This miserable slander--that the President
sold himself mortgaged his future, executed
an infamous compact with money mongers,
and rendered the labors of Congress vain and
ridiculous-sails to excite the instant ven
geance of the people. because it is incredible
to everyone whose moral sense has not been
palsied by relations with Wall street. and be-
cause lies from that source are drearily ia
miiiar.
Only the members of the New York cham
Der of commerce could believe that the Presi-
dent would make such promises or that
having made them. he would need com
mittee of fifteen to attend him and enforce
the keeping of his faith. None others could
invent such mendacious SANDERS or imagine
that, when invented, they would be believed,
or seek TO bluff self-respecting administra-
ton with such insinuations of condolences
and implied promises" or fail to appreciate
the snub conveyed in the Presidents tele-
gram to keep Off his premises.
The Presidents telegram means nothing
more than an expression of his ability to
handle his own business. If he vetoes the
bill he does not want the credit, in those sec
tions where credit will be given, to go to an
officious committee of buldozers from Wall
street; nor does he want the South and West
to double the weight Of their execration by
the charge that his will was dominated by
piratical band OF financial wreckers.
The Populists, as fervently as the New York
bankers, hope for veto of the Bland seign-
forage bill, but they leave 10 their eastern
allies the labor of promoting it by scandalous
methods