The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1895-03-09

Political Trick 20 Cover . shady
Transaction.


which was defeated In the house as in
any sense n bond bill has been n fraud.
IL passed. IL would have authorized
only limited issue of bonds TO n par
ticular firm or syndicate, and 10 no
other buyers, and IL was never In
tended that IL should be passed. Ii
was in no respect n decent or honorable
attempt 10 meet "A grave national diff
Guilty. The ten days option given the
bond syndicate, everyone knew, would
expire February Is, and the resolution
could not possibly apply TO anything
except the transaction with that par
ticular syndicate, nor 10 that trnnsac.
ton except during the time stipulated.
Both parties 10 that contract knew abb
solutely, when IL was made and down
20 the final vote in the house, that the
resolution could not have any effect
whatever, because IL could not be even
considered in the senate within the
time named Had il passed the house
when the vote was reached, every MEM
Der of both houses knew that it could
not have reached n vote I'm the senate.
II was little short OF an insult TO rep
resentatives OF the people. Palpably
offered only as political trick, 10
cover transaction which neither party
in either house would have approved.
IL met the condemnation of n larger ma
jority than has been cast against other,
and In some respects more objection
able, measures offered by the adminis-
tration.
Are we not all patriots to-day, and
compelled 20 uphold the credit of our
government" Why, OF course. Ifany
inquirer has an honest doubt about
that let him look back over the record
Of thirty-four years. and observe how
the republican party has upheld the
credit and the currency OF the nation
in every emergency. Men have for
gotten the lessons they learned in in
FAINT school. or should have learned, IL
they do not know that republicans
will do as much and go MS far as any
body else 10 insure a sound currency
and maintain the honor of the coun-
try. IF that Is So" men ask, "why do
republicans refuse 20 vote for the vari-
Gus bond bills the president has pro-
posed?"
Men and brethren, IL will pay you
70 be n little honest in this matter.
President Cleveland never yet has pro-
posed simple bond bill without some
sort OF attempt 10 buy the favor OF
wildcat-bank men, or greenbaclS-
haters, or silver fanatics, in the very
same bill Into every bill that he has
offered he has persisted in putting
ruinous or dishonorable conditions.
Doing this persistently 70 satisfy the
worst elements Of his own party. he all
the time complains that republicans
will not swallow his nauscous and
dangerous doses. Had he tried just
once naked bin authorizing the issue
OF gold bonds, solely 20 protect public
credit, he knows well that republicans
would have voted for il, but scarcely
any democrats.
II is time that this contemplate at
tempt TO make capital for the demo
cratic party out OF the necessities of tho
country should cease. Journalists and
public men have engaged in il whose
eminent fitness for more decent things
makes il merely disreputahle for them
The president knows right well, as his
friends know, that he has all the time
taken pains TO incorporate in his finan-
cial measures various provisions which
republicans could not approve. More
than month was wasted by the presi-
dent and his secretary OF the treasury
in trying 20 water the democratic
scheme for wildcat banks into life and
growth. Had he proposed, in place Of
that reckless measure, any such blu as
he and his friends profess 20 want
passed, it would have passed long ago.
Neither do republicans believe in re-
firing the greenbacks, for no better
purpose than TO enable bankers to con-
troll greater share OF the currency.
Yet the president wasted weeks more
Ina n Jealous endeavor TO force n measure
Of that sort through the house. Even
less excusable was the attempt 10 force
small silver notes into the hands of tho
working people, in place Of the notes
redeemable in gold
Had the proposal for n gold bond
come alone, and at any time when
there was n ghost OF chance that II
could pass, 10 would have deserved and
received serious attention. IL did not
suit the presidents plans 20 offer il In
that way or at any such time, and he
has his reward. After he had been
driven out OF every other financial pro-
posal he had made, there came this
shabby trick. proposal 10 ratify the
contract made with foreign bankers,
and yet at time when IL was certain
that three per cent. bonds could not be |
legalized. Thus by majorities of both |
parties in congress IL was beaten, and |
with IL every plan of financial char
acter which this administration has /
vet submitted. N. Y. Tribune.
Remembor tho Factsi
Why purchase gold? To restore the /
Ia ...i-....a - tho etoo nnn 600 lt,,,t I