The midland journal. (Rising Sun, Md.) 1885-1947, 1894-03-30
The People Against Wall Street.

the land. but the shock il has caused to
the gold bug class is very significant
The daily papers described the agitation
caused among the Wall street banking
class as something-to DEMONSTRATING
They had flattered themselves that if the
bill for the creation of this ''fiat' money
passed, that it was sure of a veto by the
President but when the President hest
tated terror spread among the lsh
maelites to labor which is well described
by the following paragraphs clipped iron
New York correspondents of the press
"Some of onr great bankers are SO excited
because of the fear that Mr.. Cleveland
will permit the new Bland bill to become
a law that they scarcely dare trust them
selves to speak. One of them this morn
ing being asked for some information
hesitated moment theh his chiu quiv-
cred, his lips trembled, and every indi
CATION of anger was manifested until al
last controlling himself, he said I dom
dare trust myself to speak about this mat
ter. We are too greatly alarmed now al
the delay"
Such spasms as this are not excited by
the simple fact of adding SIS, 900, DOC
silver certificates "based'' on the surplus
silver in the Treasury to the currency.
The correspondent gives good deal more
of similar conversation and discussion
among these gilt edge bankers.
This delay on the part of the President
in doing the bidding of these royal bank
ers caused them to resort to their former
tactics to bulldoze the President, and a
meeting of that famous Chamber of Com
merce which has played such an impor-
ta1lt part in the financial legislation of the
country for the past thirty years, was
called, and string of resolutions was in
course of preparation, instructing the
President that if he didn't want the coun-
try to go to the bowows he had better be
quick about sending in his veto. And
when they received brief telegram from
the White House informing them it was
not necessary to send a delegation to
Washington, this plotting, conspiring
crowd against the welfare, not of a nation
and people only, but of humanity, a chill
ran through their blood like that which
s1note the heart of Belshazzer when he
read the hand writing on the wall.
The same corr respondent i'll a subse-
quent letter to his paper writes:
81 met this morning the president OF
one of the Wall street banks, man who
supported Mr. Cleveland i'll 1892 with
enthusiasm, and who rebuked me during
the campaign for suggesting that if Mr..
Cleveland was elected he might be conf
PEELED by party considerations to do things
not agreeable to the New York bankers
1t was with fine flush of enthusiasm and
the eloquence of conviction that he said
as he stood there upon the steps of his
bank: No sir, Mr. Cleveland will do right
whether his party goes up or goes down;
he will not permit any disastrous legisla
ton. He will hold his party with firm
grip. He is the greatest man this country
has seen since Abraham Lincoln
'Today that same banker was of such
pitiful, strained and anxious look that il
could have been in the heart of no one to
remind him of the inspiring prediction
which he made in the Fall of 1892. He
shook his head YEARLY as he said: q
don't understand it at all; don't like this
delay; l am afraid the politicians have
got Mr. Cleveland's ear. He ought to
have sent veto message back to Con
gress within twenty-four hours after he
got that bill. "
At this writing the President still holds
the bill unsigned or approved, and the
great financiers of Wall street continue il
the horrors. Whether he approves Oh
vetoes this seigniorage bill is matter O
small importance in itself, but the great
anxiety on the part of these national
bankers i'll New York and the hesitation
of the President means great deal II
shows the confidence the Wall street con-
spirators had in their complete power oyer
tn : P ident and Secretary of Treasury,
and the terror and agitation they mani
tested at the first sign of the weakening
of their hold. On the other hand the
power of the popular discomfort which,
though almost silent, is making itself felt,
and carries i'll it threat which means
destruction to the man and party which
persists in thwarting the purpose of the
people. The brave, defiant challenge OF
the Peoples Party is striking terror to
the recreant members of the democrat
party in Congress who know they have
betrayed their trust and deceived their
constituents, who are preparing for the
punishment which they mean to inflict
upon these unfaithful servants in Novem-
Der. They know that if they had declared
on the hustings i'll 1892 they would act
and vote as they have done that not a
bakers dozed FROM the West and South
would be warming their seats in Congress
today. They have about consumed all
the pie Cleveland has to bride them with,
and the President, finding he has Tic
more Offices to bestow, sees his influence
weakening over those of his party he fqi
time held such despotic sway. Mr.
Cleveland has also had an object lesson
from the gold ring in the scorn and con
tempt manifest for him through theil
large metropolitan papers, after they had
used him. The test il&s risen up before
him with more meaning than eveI before
that he cannot serve two masters-Walt
street and the people. Their principles
and interests ave AZ far aoart as Christ