The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1894-12-01

Ignaminious Failure OF the Democrats
Administration


Administration
The condition OF the treasury has
again become SO desperate that another
bond issue is imminent. and MIR. Cleve-
land will pile up the public debt 70 the
extent OF fifty or one hundred million
dollars in order TO obtain funds 70
meet the current expenses OF the gov
eminent
Even II only the former sum is bor-
rowed, we shall see an increase OF the
public debt of one hundred million dol
lars i'm nine months and an additional
interest charge OF three million dol
lars year will be added 90 the public
burden.
The financial policy Of the Cleveland
administration is IA complete and igno-
minious failure Where IL was ex-
pected that Mr.. Cleveland would be
strongest. there he is found TO be most
feeble and impotent
Since he has been in Office the at
fairs OF the nation have been going
from bad TO worse Every promise OF
Improvement has failed; every device
OF the administration has proved a0or-
tive.
But we have the chief organ of the
administration, the ramshackle New
York Times, arising to observe that
the president is graciously pleased TO
saddle the debt on the public In order
that FUN protection will be afforded
the treasury reserve.
This was the promise that was given
20 the people last February, when the
I - 10 I'm the
promise that the repeal OF the purshas-
/ ing clause of the sherman act would
bring relief; like the promise that the
enactment OF the democratic tariff bill
would cause an abundant stream OF
revenue TO gush into the treasury
vaults-the promise of last February,
\ like every promise made by and Tor
this administration, was false and de-
| ceptivc.
Instead af the treasury reserve being
fully protected by the bond issue OF
February, IL has again been reduced
forty millions OF dollars, and the
treasury to-day is in such desperate
condition that the government is once
more Obliged to go TO Wall street and
borrow money 20 pay not eNtraordi'
nary but ordinary expenses.
Ii is announced from Washington
that Attorney General olney finds the
duties OF his Office SO irksome and dis
agreeable that he proposes TO resign
and resume the practice OF his pro
fession. III Mr.. Cleveland and all hi'
cabinet advisers, taking with then
Adlai Z. Stevenson, should follow Mr.
Olney's example when he retires from
the cabinet, Il would be mighty COCO
thing for the American people.
But there Is no such luck in store TO
them. They took TO Mr., Cleyelan'
with their eyes wide open and the.
must grin and bear their saiferings Z
, the end. They elected him with
clear understanding OF his character
He had shown himself to be n narrow
' opinionated egotist; obstinate an
over bearing; a man who had no praC
! teal knowledge of statecraft; VIII
was filed with undigested, foolish an
mischievous theories, but because M
der republican rule for thirty year
: the country had been singularly pro-
!, porous, the people came TO belieV
that no party, least OF all, no one mar
< could plunge the nation into danger
y But less than two years OF Clevelan
have shown what one man ana on
party can do with the affairs of M
ton, so great and so powerful as TN
What pity IL is that Cleveland an
!. the whole pack OF these blunderinl
incapable democrats could not !
, turned unceremoniously out of ofiic
: That this is The general desire
! proved by the circumstance that u
a plurality against the democrats in tn
- years elections was over million an
a half-Albany Journal