Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-12-27
CLEVELAND WENT DucEIHe
THE HOW'D SHARKS woK,ssp
WHILE NE WAS ABSENT.
The, Were Surprised when the
PRESIDENT Wrote hi. Message Nut
Cot In Their Work on the Carlisle
niii-nenediet and III. Gang.


saHs state and has been practically
withdrawn to be substituted by anoth-
er OH In which future bond issues are
70 play conspicuous part. 1t is prob:
able that the president will return
from his duck hunting vacation. and.
apropes to this, very Interesting
story Is current as to why Mr.. cleye-
land suddenly left Washington TO seek
recreation IN the winyah swamps Of
South Carolina. where the mallards arc
said to abound.
me story goes back to the presidents
last message to congress. 1t is said
that realizing the desperate condition
OF the people and the evident determine
ation on the part Of the public that
there would be no longer silent sub
mission to the eror, to deliver tho
country Into the hands Of the money
snarks, Mr. Cleveland concluded after
me tatal announcement OF the Novem-
Der elections that he would do some
thihs surprising In the way OF q mes
sage. hoping thereby 10 divert Inc in.
moving tide OF popular indignation
which overwhelmed The Democratic par
" IN November. and which was then
beating with all It's fury at the doors
OF the white house.
Then 1t was that Secretary Carlisle
evolved his plan for the enlargement OF
the currency and the creation OF an
elastic basis TO suit Itself to business
conditions, He submitted 1t 10 the pres
iaent, and after the matter was thor
oushly talked over the president told
him TINT La a -.
IN message to congress. This was done.
strange to say. without any confer
ence with Benedict and other well
known sycophnnt5 who were congratu-
iating themselves for the past two
years that they were In full possession
OF the financial string Of the admins
tration, and who battered themselves
with the belief that when they pulled
mat string both the president and
Secretary Carlisle would dance. This
being the case, the president conclud-
ed not to take Benedict into his con-
ndence, at least until after the mes
sage had been sent TO congress. lie
conferred fully and frequently with
Mr.. Carlisle and for the first time since
the last presidential Inauguration Wall
street was conspicuous Tor It's absence
In an administration council on nnan-
cial matters.
In the meantime. wall street was
making an issue OF the bond bust
ness and Benedict and tho others were
drumming It Into the ears OF the pres
ident that the thing fer him to do was
10 make a bold declaration Of policy
in defense OF the recent bond outrage
and In justification OF any others that
might follow. The response Of the
president In his message was in thor
ough harmony with this feature OF
Wall street advice, but Mr.. Clevelands
sweeping declaration In approval OF
the Carlisle plan proved a sumner when
II reached the ears OF the gold brokers'
The president Ind carefully kept his
ideas OF this matter from them, and
II created CONSERVATION when they saw
what havoc the naturalization OF the
proposed plan would create in their
line Of business
Then II was that Benedict and his
gang began to pun their strings,
Prompt communication was establish
ed with the white house, and protest
after protest was made against the
Carlisle plan. II was argued that Il
would never do, rs 1t eliminated the
necessity for further bond issues. and.
OF course, any solution OF the financial
problem that might be reached win
not prove satisfactory to the bond
ued as an essential basis OF our aiI-
rency. They not only want bonds
but they want plenty OF them-the
more the better. and the Carlisle plan
stood In their way.
II was the presidents original pur-
pose to stay In Washington and insist
upon the enactment OF some legislation
without delay and 1t WIS generally be-
lleved that the Carlisle plan IN some
shape would be gotten through the
lower house before the Christmas holt
days There Is no doubt that such
would have been the case had the pres
ident taken anything like the interest
IN the enactment Of such legislation as
he did IN the unconditional repeal OF
the Sherman law In the memorable
extra session OF 1898. when he made the
question OF repeal a personal Issue with
every member OF congress and used the
tremendous patronage power at his dis
posal openly and avowedly for the pur-
pose OF forcing his position through
congress.
The Benedict brlgands began their
insidious work Immediately after the
reading Of the last message to con-
grcss. They used their powerful per-
sonal pull with the president, endeav-
orlng 10 show him what terrible mis-
take he had made and how II would
never do to establish any plan Of cur
rency that did not rest on n bond basis.
An Of the Influence that could be
brought TO bear from Wall street or
elsewhere was put 10 work and the
screws were frightened at every possl-
The president at this juncture con-
Guided that this was a splendid duck
ing season and, 10 the astonlshment
OF everybody, left things In this crisis
and betook himself to the duck fields
of South Carolina.
This done. the bond sharks were
happy. They knew that as soon rs they
got their nlppera on congress they
would force their way through and that
the Carlisle plan. az originally proposed.
would be Killed as dead as Hector.
I,hey were fighting for bonds and their
main objection to the Carlisle business
,yas that Il practically eliminated
bonds as a necessary fabric OF federal
currency.
n was not that they were so much
onnosed to the Carlisle bill as 70 this
gross elimination Of their pet hobby.
As soon as the president left they
turned their attention 10 this feature
~ The Bill and, wonderful 10 relate. the
carlisle plan has already been ahan-
doned ana new plan proposed, bonds
oecupylnE conspicuous feature
n is lust as everybody expected, aud
20 mo bifl GOES through at al, the bond
,Jder Will be lrmly fixed upon H.
AZ Mr.. Cleveland once said TO Colonel
ostes. "the money power has the coun-
Try by the leg"