Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-01-29

W'N' snVrtcI nlttFNals as our perpicNi-
ties accumulate.
Conditions are certainly supcrvenlng
tending to mako the bonds which may
be Issued TO replenlsh our gold less
uHetul for that purpose. An adequate
gold reserve Is In all circumstances
absolutely essential TO upholdltg our
public credit and the maintenance OF
our high national character
Our gold reserve has reached
such stage OF dlminuton ms 10 rc-
quire its speedy reinforcement. The
aggraYauons that must inevitably fol-
low present conditions aud methods
VIII certainly lead TO misfortune and
loss, not only to our national credit
, I'd prosperity and to financial enter
rise, but 10 those OF our people who
4 seek employment as n means OF lvoli-
hood, and to those whose only capital
is their daily labor.
II Will hardly do that simple in
crease OF revenue win cure our trou-
hles with the apprehension now existing
and constantly increasing as to our
financial ability doesn't rest upon the
calculation Of our revenue The time
has passed when the eyes OF Investors
abroad and people at homo We're fixed
upon the revenues Of the government.
| Changed conditions have at
| tracted their attention to the
I.gold OF the government.
! There need be no fear that we cannot
/ pay our current expenses with such
| money Az we have There IL now In
| the treasury comfortable surplus
more than $d3,0OD0UO 1t Is nor in
| gold, and therefore does not meet our
! difficulty.
cannot see that the differences Of
| opinion concprnlnp, tho cytent to which
1 silver ought to he coined arr uscd ln
/ our currency should Interfere with the
| roctifv The evils nov, .nnorcnt In our
/ financial eltuotIon ,rbc, have ia cnn.
/ sidor thr uunstinn Of thn notinnoi cr.Jit
/ and the commencement maj would foi-
{ low from ia cnllnnss yvbotnter idc.,
may be inslaied on No Ia silver al, ~
/ metallgrn mo pronsr o,ltltion nr tG.
ouegtion now pressinp unon ma univ
requires the recognition of gold ma weiI
MS silver and the concesgion Of its i'm
pprtnnce. rirhtfillv al, v-rnnyfuiIv no
/ ouired ns n basls ~ natlnntl rredit
as a necc-1jtv In tho bonorablo dis
] charge of oir ohIiyotinns nnvahie in
/ rnld ana ng'n bndse ar eoI,enr,,
ia mai ur1srslnnI t,at tTn r,,t
/ frI,nds ~ sIiynr drstr. rn,,,tt,i,.,,
| thnt might follow in action or NEGLECT
I 10 npnreninte The nenninv of mo ,,ros.
! ent cxIgcnrv ~ n sbn,,iJ rcs,,if a., Ia,
/ ontlre bnnigbm.nt ~ ,,id Trnr, a,,r
] nnunpiu1 md
| Besldes Inc treasury notes Which cnr,
| tainIy sbeuId he naid Ia ro,6 nn,,,,nt-
| inpg 10 ncariy s5,,6 0n0 00o tl,,.r. ,,ui r,ii
| due I'm 1904 800 90 O60 ar hnna5 tss,,e,i
] during tho Inst vear fn, ,vbici, ,,.,, ~
cciycd gold. ana In tg07 nenrly sgo1 O6o .
/ 900 per com bonds Isuncd In tS77
shah tho fo,.tnrrf ~ me-, .t,tt,.,
tions in eoId he renudiafed9 If H.,
arc To he mid In sticb r,supor al III,
preseryntion Of our nniionai honor onJ
/ ,ntinn,I gniycncv dc,,or,is si,,,,i'i
moi desired, M, .,,o,, ,t,,na,'ii 80 ',t'i,i',,
| ia sipnly onrsclv,s win rol1 rnr that
purpose, while / nm moi nnfrionJI,.
/ 10 silver. and while / desire To gee il
recognized to such an extent ag a COM
sistent with the financial safety and
the preservation OF the national honof
| and credit. / am not willing 10 nee rold
] entirely banished from our currency
and finances. To avert such consc-
| quence. ] believe thorough and radical
remedial legislation should be prompt
| " passed. / therefore bog cpngrpgs 10
give The subject Immediate nttontlon
| In my opinion the yrcretnty of mo
| treasury should be authorized to Ia
sue bonds for government purpose. pro-
! curing and maintaining "A suhiclent
gold reserve and the redemption ANA
cancellation of United States Ierni
tender notes ana treasury notes Issned
for the purchnso OF silver under tho
law of July a. 1890 We should br re-
licyed from the humillatlng proeess ar
issuing bonds 10 nrocuro roId Ia hc
immediatclv ana repcatodlv drawn out
on these obligntions FOR nurposes mai
related 10 the benefit OF orr povn,n-
r,ent or our neopln rho prIncl1oi ana
interest OF these bonds should be pnva-
blo an their fnre In ,rold bocaI,sc t6c,,
sbouId he said onlv FOR poId ar is
rcnrosenfotIvo and becnt,sa tbera y,,,,id
now be dlaiculty IN favor9bi1
! disnosine OF bonds not cnntaintrg No
! stinuIafion
-. Ga, ha,,a. e., -. ,......., a..
Ell trV Sgo W ~ ~ IshueI ~
ucilVii', ., ~ snu ~ uuu tlplt
n."i'P, . ui'u .'N. IVY uear lntvIest
,'e- ,nnnrS d. NO, sa., ,. hV ,h',,
] ~ 1ri'u.'i ~ - ~ WY my
snuulu mot oe PtyaDle my years from
aAle' We OF the present generation
nave luIse amounts 20 pay u we meet
our opiIsatlnns' ana ionB bonus are the
hiont savapie'
me seurelui! OF tne lIeNsuIy might
wen ne perulltleu, ~ ms uiscfetoh, 10
receive on lne sue OF bonus lesaI Ten
der ana treasury hoteB 10 DC retlred'
and OF course w9en they are thus re,
tired OF reIoemeu III sold they ahould
be cancelled
These bonds, under existing laws,
! could be Deposited by national banks