Middletown transcript., 1895-08-10

tary of the Treasury nor the admins.
tration, as having the power to keep
the gold reserve intact, but always to
their reliance upon the power of the
foreign bond syndicate to protect the
gold reserve. When asked about last
weeks heavy withdrawal of gold from
the Treasury these officials say sob,
that's of no Importance" They then
proceed to inform you that the foreign
bond syndicate would have prevented
the withdrawal of that gold had it
deemed it necessary to do so, and have
the gall to add that the foreign bond
syndicate has since last February lived
up to it's contract and protected the
gold reserve. DO you understand what
that statement means? Humiliating
as it is, it means that the Democratic
administration, convinced of its own
lack of financial ability, paid tae for
eign bond syndicate $4,000, ,000-the
profit on the bonds sold to the syndicate
to guarantee the protection of the
gold reserve in the U. S. Treasury from
February to October, and, instead of
being heartily ashamed of tine disgrace
full deal, Democratic officials actually
gloat over it and constantly express
their satisfaction over the bought pro-
lection they are enjoying. Secretary
Carlisle felt so secure that he has with
his own and one of his sons families
gone on junket through the Great
Lakes, on government light house
tender. It is fortunate for the country
that only two months will elapse from
the expiration of this dearly bought
and disgraceful protection of the U. S.
Treasury and the meeting Of the Re-
publican Congress. Republicans have
never found it necessary to pay for
eigners to maintain the credit of the
U. s., and never will.
The Allison boom was brought to |
Washington day or two ago by Hon.
J. N. Baldwin, of Council Bluffs, Iowa,
who is good talker. and who has it all |
fixed, in his own mind. He said: 81
expect to see Senator Allison nomi-
mated and elected President. His 35
years experience in Congress; his thor
ough knowledge of economic questions;
his familiarity with tariff and finances;
his broad guaged ideas and conserva-
tive stand on all the great issues of the
day pre-eminently ct him for the great
Office" Up to this point any good
will agree with Mr.. Bald
win, but in what follows many will
not: "Mr. Reed is too far east; Gov.
Mckinley represents a too extreme
view of protection; Gen. Harrison has
had his turn and acquitted himself
nobly, but it isn't in the book of destiny
for him to inhabit the White House
again. So it is apparent that of all the
distinguished men mentioned Senator
Allison takes precedence by reason of
his superb qualifications and his avail
ability" No Republican would, judg-
ing from what those who come to
Washington have said, object to Sena-
tor Allison as the party's candidate,
but with the exception of Mr.. Baldwin
none of them have credited him with
any chance for the nomination, except
in the event of deadlock between
those who will enter the convention
with more votes. His whole strength
lies in his being an ideal compromise
but suppose no compromise
is needed?
That deal between the administra-
tion and Joe Blackburn is off, very
much off. Blackburn broke it up, but
his friends say that it was because
be found out that the administration
was trying to keep his mouth shut by
trickery, while it was steadily plotting
To prevent his being returned to the
Senate. According to the best obtain
able information it is to be war to the
leath from this time on. Blackburn
is bitterly denouncing the administra-
tion from the stump, and more de-
his friends say, than ever in
MS preference for Republican rather
han a Cleveland Democratic Senator
from Kentucky.
The Democrats are becoming as much
alarmed about Maryland as they have
been for some time about Kentucky.
The Cleveland Democrats are dis
yruntled over the knock down that
Senator German has given them, and
20 far they have refused to accept the
soft soap given the administration in
,he resolutions adopted by the German
State Convention as an equivalent for
,he nomination of an entire German
ticket. Members of the administra-