People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1895-03-14
IN A PREDICAMENT.
GOLD USED TO PAY CURRENT
EXPENSES.
While an Enormous Surplus OF Other
Money Lay in The Treasury-The Gold
Reserve Myth Exploded-Bondholde
on Top.

Although the administration OBJ
tanned by the sale of bonds during last
year $117,SSO,2S2 for the alleged pur-
pose of redeeming greenbacks and
treasury notes, yet Mr.. Carlisle is now
forced to admit officially that with the
exception Of ST., 1873, 451 every dollar of
that gold was used to pay the current
expenses Of the government. The exact
amount Of gold used for meeting cur
rent expenses was $1O5 O02,143.
The report of the treasurer further
shows that on July l, 1894, the unex-
pended balances of appropriations ag-
gregated $7S,291 Jos, and the total
amount available for expenditures on
that date was 1864, Ala, making the
total available appropriation on July l,
1894, $442,9O7,52O. The expenditures
during the six months ended December
81, 1894, amounted to $685. ,4SO, leav-
ing an unexpended balance on January
l, 1895, of s255, 955, O39.
You see the bonds were issued to
keep up the gold reserve.
Wonder why the proceeds were used
for current expenses.
The republicans like Reed, say be-
cause Of lack Of revenue.
Somebody has surely lied.
With s25O,OOO,OOO of surplus in the
treasury, it is strange that the gold
worshiping administration should have
allowed the sacred gold reserve to be
spent for anything else except to main
tain the parity of gold and silver.
Funny government, anyway, that
mortgages the country to buy gold to
pay current expenses when it already
has a surplus that it can't appropriate
fast enough to keep it from crowding
the vaults.
This is an awful condition that so
much money should get piled up in the
way of the policy of the administration
to issue $5OO,OOO,OOO of bonds.
This is a predicament.
Why don't Congress get a hustle on
itself and appropriate money to buy
more guns?
Clear the deck-get this base money
out of the way, so that the President
can store up the gold he is buying.
Money must not be allowed to accu-
mulate when all the money lenders of
the world are clamoring for chance to
lend us gold on fifty-year bonds.
They must be accommodated, or they
will husband great will be the bust
thereof.
The parity of gold and silver must be
preserved if we have to buy all the gold
in the world to do it.
Just as soon as we get all the gold,
then the money lenders will restore sill
yer and we can buy that at the same
price.
We must save the money lenders. If
we don't Grover won't get his pay
from Mr.. Rothschilds. Here's all this
COMPOUNDED money piled up here, and
when the people see it, they are liable
to kick us off the continent for borrow
ing more
We must appropriate or perish.
The gold reserve was good scheme
but now we're in a pretty mess of
bugs.
The papers have been prying into
the private affairs of the government,
and found that we had plenty of money
all the time.
The bondholders are losing conf
dence and some of them are getting
scared.
They have awful dreams at night
Of dynamite and wet elm clubs and
hemp, and death to interest bearing
bonds"
The President now has a hundred
policemen to guard his palace, aud he
gets letters every day FROM working
men asking where they can find a Job.
He actually walked up right in the mid
die Of the night one time lately and
wondered what the people were kick
ing about. He is prosperous = isn't
that what they elected him for?
Even the fossilized old mummy show
in the Senate is startled to think that
the people should want to know what
the government is doing.