The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1895-01-05
srArEsMANsHlp REQUIRED.
circumstance which show Against DEM
ocratic ftnanciering.

circumstances which show Against Dern~
ocratic finanoiering.
II is apparent that President Cieee-
land, In order To restore public comb
dencd i'm himself and his party, Is en-.
deavoring 10 devise something In the
way OF a financial policy which shall
furnish the promise that trouble IN
the business world will be less fire.
quent in the future than IL has been In
the past
II such plan could be proposed and
should be adopted, IL would show THAI
Mr.. Cleveland is n financial genius.
and that the confidence which was re-
posed in him two years ago was NJ
misplaced.
But unfortunately, Mr.. Cleveland's
fiscal experiments have been 50 disas.
trous that the people will regard
with suspicion any proposal he may
now make in the way OF financial ro-
form. They will examine IL With
care and act with the greatest deliber-
alton.
The democracy claims that ali the
trouble the country has endured dur
ing The last two years was due 10 re-
publican laundering with the finances
when they were in power. In connec-
tion with this subject our democratic
friends lose sight OF the fact that only
twice in the last twenty years havo
the republicans controlled the house
OF representatives. aud the house is ~
mos. important factor in pcrlecting
the financial legislation OF this land.
The democrats have eontented them
selves with abusing the Mckinley law,
and indulging in ponderous generate
zations about lack of elasticity and
hdaptability OF the currency sys.
} tenn" and similar phrases which are
. high sounding. but have not much
: meaning after all.
! IL is quite true that since March 4.
1898, it has appeared as though the
! currency system was suffering from n
: ''lacl, OF elasticity and adaptability,"
; or something quite as serious, for tho
: treasury has been in constant danger
) OF being depleted, and the general
. business of the country has been in a
state OF great confusion.
> 1t avails nothing 10 claim now that
D this condition OF affairs did not pre-
A vail when the republicans were in
. power IL will not improve existing
{ conditions by pointing TO the fact thai
!. the republican policy always brought
! such abundant revenue that in addi-
a ton 10 meeting all the ordinary ex-
= penses of tho government the repuh-
q leans at the same time were able to
: reduce the public debt from 81, si5, p0I,-
a CPS n, the end OF the wnr To s5s5, Os9,-
a $50, the figure at which il stood when
ma
! second time
Q These circumstances either show
h that the republicans were in Office at
n fortuitous time and were able TO exc
4 cute laws in n way which gave them an
, unearned reputation, or they show
Z that they were good laws, and that
!. the republican party poss esses the gov
y ernmental instinct. Is IL likely that
t that party could go along year after
J. year with illogical, laundering and
unscientiflc laws. paying the nations
expenses. reducing the debt and piling
: up reserve in the treasury, and AZ
> soon as the democrats party came IN
10 power-the party which has claimed
Q TO be especially endowed with tinan
y ciul wisdom-that the whole fabric
IS should collapse. II the party which
n had boasted OF It's proficiency really
4 possessed the ability which it had
~ claimed?
7, But this is no time for invidiou'
y comment or for reviling adversaries
q The financial question is one which
$ must be treated In broad aud libern
y manner. IL is not "A question for party
II eonsidcration-thoug there are mil
II lions ia the country who are thorough
, ly convinced thai the democratic party
5. Is unfit 20 deal with this aud the othe
grave problems which must be solved
= Therefore, IL the president, regard
IS ing the question from a national stand
p point, shall propose plan when vii
10 not involve partisan consideration h
10 will have republican support MS he has
$ IL last year when the purchasing
II clause OF the sherman act was re
" pealed Albany Journal