The Prince George's enquirer and southern Maryland advertiser. (Upper Marlborough, Md.) 1882-1925, 1895-03-22

SPECIAL CORRESPONDENTS.

MIR. EDITOR:-In my last letter it was
clearly shown by the citation of figures
taken from an undoubted source, that the
. last Congress must be absolyed from the
charge of reckless waste and extravaganza
| of the peoples money With the. record
! Of the Republican billion dollar Congress
and all the vicious legiSlationsthat author
, lied that much money, still before them
and coupled with this, the fact of the
growth of the country, and its increasing
needs for greater expenses, natural causes;
vet the late Congress was enable to reduce
the appropriations by at least forly-tiNr
millions of money. In the face of these
| facts our enemies must be silent But it
sounds a little strange to learn such arg,l-
! mcntS from such Il source. Greater eX-
penses require greater revenues to meet
them, greater revenues demand the having
of heavier taxes. Now the plea of the
| Republican party for the principle of pro-
| lection, its chief corner stone has always
| been, the heavier the tax, the richer were
those who had it to pay. Therefore by
| their own reasoning, that with which they
| seek to condemn the Democratic admins
| tratlOn, must tend to eXalt it. But the
people will be the judges and they will be
convinced of the utter falsity of the accu-
| Sation. The next great averment in their
| indictment, is the wrong done the credit
and standing of our nationality in the sale
| of the last bonds. They howl with right
! eOuS Indignation over the fact that these
bonds were sold principally in Europe,
and that the takers were the Jewish house
| of the RothSchilds. They were sold in
Europe because better terms were had
there than in this country The treasury
was in need Of gold Under the strong
hope Of gain, and a premium upon gold,
the Withdrawals from the treasury of that
coin had nearly depleted its vaults. Bonds
had been offered and sold prior to that
time, and were taken entirely in this c0un-
try, but the gold necessary to buy them
was taken from the Treasury, only to be
returned when the bonds were purchased
1t was simply the story of the endless chain
The treasury was not benefited Then
came the letting of the bonds to the Jew
ish purchasers, and the trouble ended
But let us see if this has been the only in
stance i'll our financial history when a like
deal was had with this much abused peo-
pie. There have been three separate con-
tracts made with this same firm of foreign
ers by two Republican Secretaries of the
Treasury, by Mr.. Morrill, in 1876, and bv
Mr.. Sherman in 1871 and 1873 But the
terms of these contracts must be known to
show these scoffers in their true light The
Sherman contracts conferred upon this
hOr'id firm the exclusive right to subscribe,
and it is only history to say. that these
bonds were taken at 104 or lO5. and in a
little while they went up to at least 1876
But the complaint made is. that the Car
Isle contract gives the firm an option up
on all the bonds, until October next. But
If it be sin now to give an option, what
must it have been then. to give an exclu-
Siy- irhf If 1rf.l,u Rnt
difference of parties that makes the sin
The King can do no wrong. has long since
passed into the mythical but the Republi-
can party has taken up the cast off gar
ment and struts accordingly. Now it is
well known that under the terms of the
Sherman contract, no sale of bonds could
be made to other parties, although better
offers were continually had for the pur-
chase of the bonds. Yet with these dam
ming facts, there can be found men Ill the
Republican party. who ought and possibly
do know better, braZen enough to make
such charges. The late Congress has not
been one of complete disappointment; I'M
der all the adverse circumstances. it ac-
cOmplished much good. 1t would have
done more, with less difficulties confront
ing it; but divided itself, upon the curren-
cy question. with its willy foe ever on the
alcTt 10 prevent anStlllng o1 general leglS-
lation, aided by the silver contingent it is
wonderful that so much to its credit was
done. But these accuserS of the present
administration occupy an unsavory posi-
ton, for they call themselves patriots and
lovers of their country too. Out of their
mouth let us convict them of all claim to
such a virtue. From all that is said by
these revilers, one would suppose that the
fabric of our institutions was only saved
from destruction by a miracle. Yet in all
the days of that memorable Congress- not
one single proposition of relief was offered
by the republican side, not one offer of aid,
il any direction. but on the other hand
every method of obstructive tactics. was
employed to defeat wise and needed legiS-
lation. This is the whole case H.