Mississippi leader. (Jackson, Miss.) 1892-1895, 1895-04-23

FOHEWAkNED 10 FORbARmbD.
In discussing Mr.. Cleveland's letter
to the Chicago business men, The New
York Voice pertinently says:
The trouble with Mr.. Cleveland and
with those whose views he represents
is that they persistently shut their
eyes to the Just causes of complaint
that have ranked in the minds of thou
sands, and which have been preparing
them for just such dangerous steps as
are now contemplated by him with
alarm. The National bank-note is the
source of nine tenths of our currency
troubles today. The greenback move
ment of 20 years ago, the Farmers Al
lance sub-treasury movement of five
years ago, and the free-silver move
ment of today owe most of their vitali-
ty to the unwise and unconstitutional
delegation to private individuals and
corporations of the sovereign right to
coin money and regulate its value. Mr.
Cleveland and all others who want to
avert the troubles so clearly foreseen
should first take the trouble to under
stand these movements.
The Republican party first estab-
lisbed the present National Banking
system, the Democratic party has given
its assent to the Republican policy and
fostered it, and the new American BIZ
metallic or Silver party just launched,
proposes to ignore this issue. Only
the Prohibition and Peoples parties
stand openly and firmly for the Jeffer-
sonian doctrine of denying to all bank
ing corporations and individuals the
authority to issue paper currency, and
reserving that right as one to be exer-
cised by the General Government only
A large section of the Democratic par
ty is in favor of increasing the power
and influence of banking corporations
to control the currency of the country,
by extending the authority to issue pa
per money to State banks throughout
the Union, thus aggravating the dan
gers and wrongs of the present system
Let the people understand that bi
metalism and monometalism whether
gold and silver are coined and circula-
ted on equal terms or whether it be
gold monometalism or silver monomet-
alism), is not all of the money question
by great DEAL Just now when the
tricky politicians and platform fixers
are raising such dust over the gold
and silver question, the following preg-
nant sentence from the Topeka Advo-
cate, the leading Peoples party paper
of Kansas, goes directly to the point:
THE plutocratic hook with silver
| bait is just as dangerous as when bait
ed with a gold bug"
The Voice emphasizes the same
thought in these words:
The tendency now manifest to switch
all industrial reformers off upon this
free-silver side track is the most de.
plorable development in the political
world today. We protest against it.
currency problem. 1t is no solution of
the problems that cluster around mo-
nopoly. 1t is no solution of the labor
problem. There is as much of "a mig
ger in the woodpile" in this free silver
agitation as there is in the agitation of
the bankers for the Baltimore plan.
Fellow citizens, honest reformers of
Mississippi, forewarned is forearmed.
Beware of the Office seeking Democrat
ic politician when he comes around,
whether he plays on agolden harp with
thousand strings or a silver mando-
line and be the sweetest singer in all
Israel. The rather call on him to ex-
plain where his party stands on this
bank monopoly question and the other
mighty capitalistic combines and trusts
to which it contributes.