Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-04-13

I these taxes. They seem incapable OF
realizing that thu government notes
sre lawful tender Tor all debts. public
and private. unless otherwise provided
In the contract, and that FOR this pur-
pose they answer in the place Of gold.
And they leave out Of sight the fact
that the people prefer the government
notes TO gold on account Of the facility
Of handling them. and will hot there
fore call on the treasury to redeem
\ them. These constitute advantages to
| the treasury. FOR the maintenance Of
its notes at par which no bank can
/ possess. And wise hnanciers ought 70
| recognize them in considering the
question o. preserving the par Of gov
/ eminent funds Under these circum-
stances do not believe nifty million
dollars of treasury reserve to be
necessary. and doubt II twenty-five
/ million Is needed for that purpose.
I But we cannot hope for this view 10
I prevail while the government Is being
run In the interest Of money and not
/ for the benefJ Of the people.
Cannot Follow cleveland.
Under such circumstances the Dem
I ocracy N Texas cannot follow Sir.
Cleveland ON the great questions OF
/ finance and coinage without sclf-Etuiti-
{ Geation and q base abandonment OF
/ principle and duty. on these questions
he has betrayed his party. sacrificed
the interests Of the people. ana gone
over 10 the Republican party. and we
a.r
without consenting TO sacrifice the
! Democracy Of Texas. We cannot fol-
Z low the president and his Republican
associates and the money grabbers OF
Z tho East we cannot abandon the
I principles OF the Democratic party. and
| sacrifice the best Interests Of our peo-
\ pie and Of the country We must pre-
serve our principles and take care
Of our interests. and we must hold on
/ to the organization ~ the party. II
anybody has 10 leave. let Il be the
president and those who like him.
agree with the Republican party on
these great questions
Another serious Question.
There is one other question Of scrl-
GUS imp9rto the Democracy Of Texas.
| Democrats who are disappointed by
the course which has been pursued
| by the president and some OF the
] Democratic members Of congress have
some Of them quit, and others Of them
are considering whether they will quit
tho Democratic party TO join the Popu-
lists The P0pullsts agree with the
Democracy on the questions Of coin
age. the tariff and tax on incomes
and as 90 the necessity for an increase
~ the volume Of currency. In fact
they borrowed these policies from the
Democratic party. There Is nothing
therefore. ON these questions to pre-
vent their uniting with the Democracy
but they advocate some other policies
which Democrats believe TO be viola
tive Of the constitution OF the United
States dangerously paternolisuc, and
utterly impractieablc on these they
cannot agree. refer to thir adyo-
cacy OF the issue OF money by the
government 20 be loaned TO the people
on land mortgages and on the deposit
OF farm products IN public ware
houses, and their proposal that the
government shall buy and own the
railroads. telegraphs aul telephones.
Those who framed and adopted the
constitution OF the government OF the
constitution Of the United States GER
tainly never contemplated that the
United States should become lender
OF money for private use. or a broker In
farm products. or the owner OF farms
10 be obtained by the foreclosure OF
mortgages The capitalization OF the
railroads, telegraphs and telephones Of
tho United States IA stocks and bonds
amounts to something between tweleve
and fifteen billions Of dollars.
should Not Issue nond..
To buy them with government notes
would render the money worthless.
And Populists will no doubt agree with
an others that the government should
not Issue bonds 70 pay for them And
these properties cannot DO bought ex-
cept upon terms acceptable to the own
ems Of them. They should be regu-
lated and controlled by law. but not
owned by the government And there
is not the most remote possibility that
any congress win ever be induced to
consider the proposition for the gov
eminent to purchase them. This part
Of the policy Of the populistH may.
therefore, be dismissed as utterly i'm.
practicable.
The policy by which It IS proposed
for the government to take care OF
the people By supplying thcm with
money. would tend to create race OF
unmanly dependents. while our theory
OF government Ia that the people should
support the government which pro-
tects them. and should support them
selves by the ordinary Industries. and
thus mako a race OF sturdy indSpend-
Ont freemen.
II the PopulIsts arc in earnest in
their desire to promote the welfare OF
the country and the prosperity OF the
people. they can do much to that end
by abandoning what Is wrong and i'm
practicable in their platform and by
uniting with The Democrats on the
policies on which they agree and in
that way pushing forward TO success
great measures which are practicable.
They might well do this as there are
many times as many Democrats with