The Caucasian. (Clinton, N.C.) 188?-1913, 1894-12-13
INEacH OTHERS TRACKS.
Tom watson on the New Bond fssue--Ths
Two Old Parties are Together Ia the Con
spircy to Rob the People.
TThe Daily Press.

Istration came into power in 1892,
Chas. Foster had prepared the plates
for a new issue of bonds. He was
hustled out of his scheme, and thus
the Wall Street Bankers were baked
in their game. AT least it looked
that way; and we remember what
an out-cry was raised by the Demo
cratic newspapers when ii was dis
covered that Foster had been on the
very brink of bond Issue. Loud
and Long were the rejeicings among
the Democrats that they had been
able to arrive just in time to stop
the Republicans from giving bonds.
To hear them tell 1t, Butchers
arrival on the field of Waterloo was
not more nicely timed than that of
the Democrats who had thus caught,
as it were, the upiifted hand If Fos-
ter. and prevented hIm from deal
ing deadly blow TO the welfare Of
the country.
For you must know that bonds are
fearful things when issued by the
Republicans. They are just the same
as a mortgage on all the lands and
tenements, goods and chattels of
every man, woman and child in
the Union; they have a tendency to
build up an aristocracy of wealth.;
they exempt from taxation the hold
ers of huge sums of money; they put
one class, the few, where they are
supported by the taxes of the many:
they have ruined every people they
have held in their rem orseless clutch
es; they were hated by jefferson and
all the patriotic statesmen who found
ed our government, with the excep-
ton OF Alexander, Hamilton and the
Federalists who followed his lead.
All this we know because the Dem
ocrats have told us so, as they de-
nounced the bonds issued by the Re
pubhcans.
Consequently when the Cleveland
Administration arrived on the field
in the nick of time, and stopped Fos-
ter from issuing the bonds, all hands
applauded and all voices cried
"Bravo"!
Allowing a reasonable time to
elapse. the Wall streeters renewed
their demand for bonds. They got
Carlisle to adopt the practice of pay
ing gold only, Oh silver Treasury
Notes; and with these silver notes,
the Wall streeters began to rake the
"Gold Reserve" out of the Treasury
Don't we all remember what pan
ic then ensued? Don't we remember
how our knees knocked together
when the news came that Europe
was getting all our gold" Don't We
all know that the newspapers KEEP
ding donging this doleful bell, day
in and day out, until we all wer.
scared to death, and were on tn,
verge of lunacy9
Didn't we think that unless WI
could stop that gold, and get it bacl
into the dark vaults Of the Treasury
that we might just as well let Ga
briel blow his horn, and be don
with itP
Surely we did.
Hence, after having been scarce
to dearh, about the going away o
our "Gold Reserve" we felt unspeak
ably relieved when the Democrat
took the very plates which Foste
had prepared, changed them a littl
as to date, etc, and then issued til
. very bonds which Foster had intend
ed to issue.
We all felt good. Here was tri
umph Of Democratic statesmanshi
which no man could deny. To sto
| l. h1ioore ho, Ic
to seize the plates which Foster ha
prepared, and then to issue Demo
) cratic bonds upon Republican plate
was a neat tripping up Of the enem
which had not been surpassed sine
Caesar and his victorious troops SO
down to the banquet which Pompe
), had prepared.
History does not tell US anythin
= about Caesars appetite as he dram
= Pompey's wine and ate Pompey
ham, eggs. roast beef, aud deville
crah.-but we can imagine that
stern grin was on Caesars lips as /
J feasted upon the good things his en-
Y my had prepared for himself.
f SO when Mr.. Carlisle sat dow
with Wall Street to a banquet of mol
o taxable bonds, he must have remen
: bered with grim pleasure how Fo
y ter had spread the feast which |
Carlisle, was enjoying. To run tt
: Republicans out Of office, partly b
+ cause they favored bonds, and the
e to take the plates prepared by tt
e Republicans, and issue bonds {
f them, was marvellous achievem el
J.. even for Democratic hypocrisy.
a But our readers will say that a
. this is ancient history. Not so
! for Mr.. Carlisle is going to issue a
. other batch of bonds, presumabl
upon Fosters plates again.
:, If Carlisle keeps on engravir
t bonds from Fosters plates, he W
e undoubtedly give Foster the d
f grins.
= In the meantime the country cs
: witness the manner in which Il
=, Democrats follow in the footsteps
s the Republicans, just as the Repu
IL licans IL 1895 and in 1896 will folio
; in the footsteps of the Democrats
q 1894.
lie Both parties travel the same roi
y and make the same tracks, becau
: Wall Street, the master Of the on
4 is likewise the master of the othe
# Let some incredulous reader shou
doubt what we have said about Ca
isles use of the plates Foster pl
Il pared we attach copy of lett
'e from Carlisle himself upon that poil
TREASURY DEPARTMENT,
OFFICE OF SECRETARY.
g. WASHINGTON, Sept. II, 1891
" To Mr.. Geo. w. Dunn, Tiffin, o.
= Dear Sir:-Your favor of the 14th inst
~ received, and in response you are advi:
W that Secretary Foster before he left the
IF partment, ordered plates for the issue of
- bonds to be prepared, but the $4,000,
)r of bonds issued in February last were
as engraved upon the plates-that is to say,
plates which Secretary Foster had prepa
were changed in order to make them c
To form TO the character of the bonds ISSUED