New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-06-28
1T SOUNDS LIKE IRONY.

We might almost suspect our energetic Dem
ocro,tc contemnornry. "The New-YOrk Times"
OF INDUCING IN bitter and illnaturcd irony az
the expense 81 It's great party Idol, president
cleveland In the headlines which II placed over
the Washington dispatch reporting inc lat"St
Presidential outgiving on the financial question
After indulglng in some remarks OF patroniz'
Ing character concerning the action OF IN" paflks
| ~ This city I'm the natter Of maintaining the
Trcasnrys gold reserve. II will be remembered
that the President added In tho High Mucka'
murk manner that "ih" Administration sun nu'
heres 10 It's pledge and determination TO protect
our National credit nj all hazards and 10 Keep
tho ouolltv ~ our money equal TO the best so far
M tho limits ~ Executive power permit" over
IN. dlsnatch covering the intelligence that Prcsl-
dent cleveland had expressed himself In THIS
manner THE Times" printed in large type. Inc
Credit Of the Nation President Cleveland VIII
protcct II ~ all hazards Which led Dusl'
ness men and bankers who are rather deeply
interested In the credit ~ the Nation and VINO
have been watching the wObbling OF II since the
day Mr. Cleveland was put In some measure III
charge Of H. 10 suck in their brcaths In low,
suggestive whistle and say. with lifted eye
brows. 'Oh. Will h"T'
For Ia say truth. the business men and bank
crs Of this country In considering the credit OF
the Nation and the means Of maintaining ana
protecting II have not been counting very Inuch
on the President WHY should they! The credit
of ihc Nation WAS never better than when MT
Cleveland was elected Until It began 10 he
affected by HIS election. and the general uneasl'
ness and anxiety ~ To- what might happen To IL
when he and his party should begin trying eX'
| u.riments In pnlitlcnl economy and finance, II
did not ncol protection "at all hazards. Tn
der the Wise laws and judicious administration
Of The last thirty years there was such uniVrrsai
nrospcrltv that the Nations credit took care OF
itself It's debt was gradually disappearing us
bonds advancing. and It's credit aS good rs that
Of any nntlon on the globe. No one dreamed NJ
the time Of Mr.. Clcvcllnd's election that within
fifteen months after n change In the Admlnistra'
ton IL would become necessary for the Prcsi'
dent TO give an assurance that he would protect
the credit OF the Nation M all hazards Nhht
has made II necessary? Nothing In the world
except the blundcrs OF his own Secretary OF the
Treasury one Of which Is his obstinate per
sistcncc In purpose 10 administer the Natlohai
finances In his own way, regardless or the
view and wishes Of men whose cooperation
and sympathy are most essential to successlul
administration. Added thereto. OF course. Is the
disturbance 10 business resulting from tlo 'uilH
! tinkcrlng OF his party.
These are the causes TO which the condition
Of the Nations credit Is plainly due, and for
these Mr. Cleveland Is In n very large measure
RESPONSIBLE For his newspaper organ TO an
nouncc I'm these circumstances with harng head
lines that he will protect the credit Of the Nh
,Ion nj all haZnrls seems bitter Irony. lie
might n is true do something In that direction
II II. would He might take action that would
tend nj once 10 revive business, set Idle wheels
I'm motion furnish labor for the unemployed.
r,storc confidence every where. ANA put the
credit Of the Nation where II would not need
urot.c,ion from him or his Cabinet. He could
do II by saving the word that would put stop
10 further tariff agitation; by calling upon Con
gross IN postpone action until the popular ver'
diet on the subject could be rendered In the No
vcmbcr elections He might do II Ivy simply
communicating quietly to his supporters In Con-
crcss his advice to that body 10 drop everything
but the appropriation bills, pass them. and adj
iourp. That would be the greatest boon ne
could offer the country. The effect would be
immediate and UNNECESSARILY benchcent. II Is
potept 10 every one and 1t is impossible that
he does not see IL himself Nothing could be
SIMMER or easier And while he declines to do
this Il Is abjcct folly and nonsense to talk about
his protecting the Nations credit at al hazards'
The only way he can protect II Is to Withdraw
tho menace which he and his party are holding
out toward It,
~ ,a, IN annontment on the police force