The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1895-02-20
Who Does He Represent:

of representatives on the proposition
to Danish silver from our financial sys-
tenn, by making the word "coin" ap-
ply only to gold, or to make the pro-
posed issue of bonds payable in gold,
shows that the president is not in SYM
pathy with any Of the three political
parties that had strength enough to
put out a platform and candidates in
the last elect N. Ninety-four Demo
cratic represen, .tives voted against the
demands of the so-called Democratic
president, against 81 for his masure.
The Republicans stood 45 with the
president to 81 against him. The 10
Populists We're solidly against him.
Thus It is seen that there is a clear
majority N each of the three parties
represented in congress against him.
Who then does Mr.. Cleveland repre-
sent? We have never questioned
the honesty of the president. When
he was denounced as tool OF Wall
| street, we thought the accusation too
strong, but whether he is their tool or
not, hispolicyis is the Wall street policy.
Recent developments, from the presi-
dents own message show that while
he was asking congress to devise some
measure of relief for the treasury, he
was at that moment negotiating with
Wall street and London bankers. The
remedy he proposes is not only the
policy these men want adopted, but
they have dictated the terms, and they
alone are the beuefciaries of the deal.
| New York, New Jersey Pen
nsylvania, Massachusetts, and Con-
necticut, the five States that already
have thiscountry under mortgage, and
are consequently interested in making
money as high, as dear, as hard to get
as possible, so that the money they
have and the money that is paid to
them in interest every year will buy
all the more of the product of the farm
and the labor of the artisan, gave
more than two-thirds of the vote Mr..
Cleveland got So far as we can see,
the only advantage of the gold stand
ard. and the only necessity that exists
for maintaining the system of finance
Mr.. Cleveland and Wall street are urg
ing, is that it will ena ole the bank to
obtain European exchange at par.
The five States mentioned do fully
nine-tenths of the business directly
with Europe that is done in this coun-
try. That is probably why they voted
so solidly with the president; but the
question naturally arises: Is it the
duty of the government to disregard
/; the interests and desires of the thirty
nine States in order that the bankers
of the five States may get exchange at
par:
Where is the sense or justice in hold
ing on to a policy that is daily grind
ing the life out of the producers of 80
States, that the bankers of 5 may grow
richer? We see that gold and silver
are getting further apart every day.
We know that the divergence is due
the appreciation of gold, because there
| is corresponding decline in all ofthe
products that gold buys. 1t is not diff
fcult to see, thatto do asthe president
desires. creates new demand for gold
by stipulating gold payments, will as
surely tend to raise the price of gold
still higher, as that the law of supply
and demand regulates prices. If we
are to be fastened to the gold standard,
and gold is to be made still dearer, by
increasing the demand while the sup
ply cannot beincreased corresponding
| ", then, it does not take philosopher
| to see that it will take more cotton
to buy the gold dollar, it will take
more wheat, it will take more hours
and days of labor.
But we cannot believe that this great
| country is ready and willing to sur
render to the banks. We cannot be-
lieve that the people are going to sub
nit forever to policy which robs the
! brand makes money harder and har-
der to get, while it makes the rich man
richer by increasing the purchasing
power of the money he has. We cam
not believe that the Democratic party,
that great party founded to protect the
weak and to represent the people, Civ
ing the greatest good to the greatest
number, will ignore the interests of
80 States and allow New York, New
Jersey, Pennsylvania, Massachusetts,
and Connecticut to dictate our financial
policy. Wall street and the gold bugs
may weave into their web stragling
Democrat here and there, they may
| even induce leader now and then to
desert. but the Democratic party is
safe, The great body of the people
who voted for the Chicago platform,
and their representatives who framed
it stand today where they did then.
They stand for the coinage of both
gold and silver, without discrimination
against either metal or charge for min
tage." Who does Mr.. Cleveland rep
resent?
The policy under which we are now
suffering is attributed to the Republ-
can party, because its prophet, John
Sherman, struck the first blow against
silver in 1873. But Mr.. Cleveland
goes depth into gold buggery that
makes Sherman tremble, and where
Gar Reed refuses to follow When
Mr.. Cleveland asked congress to odevise
some plan to save the treasury. seeing
that it would never consent to more
bonds. Mr.. Reed proposed that instead
of long term bonds, due bills or notes
of the government for temporary loans
be used. Make them payable in
gold, said the president. But Gar
Reed refused to become the reputed
father to such an infamy. And now
it is seen that the very moment Mr..
Cieaveland asked congress to help him
solve the problem. he was secretly
negotiating with Rothschilds & Son,