New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-12-15
THE LATEST DEMOCRATIC ISSCE.

-
Large exports Of gold to-day mean something.
Every shipment is the result OF orders pass'ns
ho,xocn hnrc and Europe. and represents de-
termination to remove capital from 'h'S ''""
fry II is idle to say that Shipment II '''
result Of sales Of stocks. for the sales 'ii'hiS'N''
are made for The purpose OF taking 'apl''' ""'
of American investments. Ii has peeh hou''"
already that exports Of gold began as IL h'P
ucurd lust when the State BANK s'heihe wa,
announced by the President ana S'cre'ar' VI
the Treasury. and they naturally grow iarSe'
rs # apprars probable that this rev"u'ioha'!
scheme may be favoraby reported me chor'
Yesterday by Representative Walker. OF Massa-
ohuso,ts u known advocate Of what has Dcel
,lcd tho Baltimore plan. to defer action III
or,r,it,co IN Secretary Carsle's scheme until
+, couId be fairly considered. was defeated by
:, Marty vote. II Is evident that DNnocratlc
r,rtis,nship will he employed to The utmost 10
,usI through this half-bakcd plan which, as MI
Walker saws. WIS so hastily drawn that II does
ma, rcnrcsrnt the opinion Of those who were
cxpcc,cd TO be lis most earnest advocates.
Tho exclamation lies behind. The Baltimore
,,or,,rm,ncc was used for partisan purpose
Non of practical sense are able now 10 s'e' "S
thnv did not when the Baltimore conV'h'i""
was held. that the object was to commit IN
mnuy reputable bankers rs possible 10 an! sor'
If plan for the issue OF notes without any SUD
stontiaI security behind them. In order 10 pave
the way for the favorie notion OF Dehoci''''
nortissns. which was embodied IN 'he D'"''
cratic platform for The repeal or the '"A WI
issues Of State banks. The revival OF "''"'"'
h,ulin,, th. destruction OF National Dahhs' i
rho object which lies under all these movements
vh. MAN submitted 10y Secretary carlisle HIS
h.cn So cnmplcicly exposed as respects l's ''"'
.,,,,v "a destroy the National system ana 10
anon the field 10 unlimited State bank ISSUES
,h,t th.r. t. no longer excuse Tor soou D'hhS
10 give II count"nanc"
I, il moi worth while here Ia argue aShii'S'
,b. issua of foriy-four distinct kinds OF paper
,,,.s coch urricudng 10 have the coln''hahce
~ tho ,;oycrnmeni and claiming currency as i
farm of money authorized by the Nation AT
,,,,,,, the whole business j. fraud. II - III
,.,d,.d :, mn, ont notes II State banks. no mat
tor whether dcccutly protected or not aS II me!
were substantially the Kind of currency 10 wh'"
IA. u.oplr have become accustomed hurihs
thirty wears Of Republican safety. The Demo
cratic, belief + that the p"0pl" are stupu e"""s"
., ,cc.nt su,h note, without question: aId thns
I Ia
,r th. nnfes which are now projected by me
I-ui,.d STATES. f. i needless to speak OF 'n'
: iriurv which would be- done 10 workingineh
and +, all others who may receiv" su'h ho''S
IA arbitrary payments FOR wages or for produ''S'
rh.. people have Il right 20 better 'urr'"o!
/ Than the various States acting "ach Tor "S''''
viu ever provide. and the Republicans VIII h"'
h, irl. 10 their duty II they do not resist I" '"'
utmost every revolutionary step In III" direction
/ az 4 Democratic currency.
|, pl,lsc, MIR Cleveland to think thar De HAS
h.u able tn reconstruct The tarin. ana bri"''
n ,,,.s ,uf ~ Office viii be- able 10 reconstruct
,h. National monetary system. His change "'
tariff has thrown out of employment man!
. thousand mem AMI subjected others To Il general
reduction 81 wages amounting NJ present 7" III
least fu Der cent fpr those employed N"'"u'
,,,, toll what fh, effect ~ his monetary scheme
v.uld h, II r. could be- passed. but II j h"p7'
that ln ihr senate where debate has NOT YET
L,.u .ii,,ir,.,,,, there, will h" ample opportunity
., shnw .Xacily what Democratic wildcat bahk
Inn. means II The people once get fhlr ih''
Cd, ,h. difference between the currency ih'y now
h,y. and have enjoyed for thirty years. ANA ih'
currency which ihr Democrats propose" III" ma
lorliy In 1884 viii be- ccp~"l 10y the majority
ln lS.ni