The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1895-03-08
BEATEN foR GOOD REASONS.
A Political Trick to Cover = Shady
Transaction.

AAonocNNaC--s
To speak of the Wilson resolution
which was defeated in the house as in
any sense a bond bill has been fraud.
II passed. it would have authorized
only limited issue of bonds to par
ticular firm or syndicate. and to no
other buyers, and it was never in
tended that it should be passed. 1t
was in no respect decent or honorable
attempt to 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 to that transac-
ton except during the time stipulated.
Both parties to that contract knew alb
solutely. when it was made and down
to the final vote in the house, that the
resolution could not have any effect
whatever, because it could not be even
considered in the senate within the
time named. Had It passed the house
when the vote was reached, every MEM
Der of both houses knew that it could
not have reached a vote in the senate.
1t was little short of an insult TO rep
resentatives of the people. Palpably
offered only as a political trick, to
cover transaction which neither party
in either house would have approved.
it met the condemnation of larger ma
jority than has been cast against other,
and in some respects more objection
able, measures offered by the admins
tration.
Are we not all patriots to-day, and
compelled to 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 syeyy emergency. Men hays for
gotten the lessons they learned in i'm
FAINT school, or should have learned, if
they do not know that republicans
will do as much and go as far as any
body else to insure a sound currency
and maintain the honor of the coun-
try. IF that is So" men ask, why do
republicans refuse to vote for the vari-
Gus bond bills the president has pro-
posed?"
Men and brethren, it will pay you
to be little honest in this matter.
President Cleveland never yet has pro-
posed simple bond bill without some
sort of attempt to buy the favor of
wildcat-bank men, or greenback-
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 to satisfy the
worst elements of his own party, he all
the time complains that republicans
will not swallow his nauseous and
dangerous doses. Had he tried just
once a naked bill authorizing the issue
of gold bonds, solely to protect public
credit, he knows well that republicans
would have voted for it, but scarcely
any democrats.
1t is time that this contemplate at
tempt to make capital for the demo-
cratic party out of the necessities of the
country should cease. Journalists and
public men have engaged in it whose
eminent fitness for more decent things
makes it merely disreputable for them.
The president knows right well, as his
friends know, that he has all the time
taken pains to incorporate in his fnan-
cial measures various provisions which
could not approve. More |
than a month was wasted by the presi- |
dent and his secretary of the treasury /
in trying to water the democratic /
scheme for wildcat banks into life and |
growth. Had he proposed. in place of |
that reckless measure, any such bill as |
he and his friends profess to 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 !
in a Jealous endeavor to force measure /
Of that sort through the house. Even /
less excusable was the attempt to force
small silver notes into the hands of the /
people in place of the notes
in gold.
Had the proposal for a gold bond
come alone, and At any time when
there was a ghost of a chance that it
could pass, it wouId have deserved and
serious attention. 1t did not
suit the presidents plans to offer it in
that way or at any such time, and he
has his reward After he had been
driven out of every other financial pro-
Dosal he had made, there came this
shabby trick proposal 10 ratify the
made with foreign bankers,
md yet at time when it was certain
hat three per cent bonds could not be
egalized. Thus by majorities of both
parties in congress it was beaten, and
With it every plan of a financial char
lcter which this administration has
ret submitted--N- v Tribune.