Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1895-09-20
LOOKING BACKWARDS
THE RESULT AS SEEN FROM HALF
A CENTURY FORWARD:
How the Party Of the Moneyed
Power Brought the Government
Again under the British Y0ke-ln
fluenCe Of the ScePler of Gold.


Power Brought the Government
Again under the British Yoke-ln
fluence OF the ScePler of Gold.
Executive MANSION,
CHICAGO, Ill.,, Aug. %, 1912.
To THE MosT HONORABLE
LORD RoTHsCHILD, LONDON, ENG.
Nay it Please Your Highness:
In answer to your dispatch of recent
date asking a short historical sketch
of the schemes worked and the influ-
ences brought to bear upon the Amer
lean people to lead them into our pow
er and make them again our subjects,
without the use OF force of arms, per-
nit me to say that fifty years ago,
when the great scheme OF Financial
Rule, adopted by our keen and far
sighted fnanciers was in its infancy,
(not yet having reached its twentieth
year, there were two great political
parties in that portion Of North Amer
ica once known as the United States,
viz: the Republican party and eth
Democratic party. The former was a
party of aristocrats and plutocrats, who
believed in class legislation whereby
the few could be made rich by the
gradual, continual and final pauperism
of the many. They advocated q sys-
tenn of taxes upon imported goods
whereby those goods were taxed so
much for entrance into the ports of
the United States that they could not
pay the tax and were therefore shut
out of the country. BY this means
the home made goods could be sold for
double the price of goods imported for
a reasonable duty. This tax was
termed tariff. and the willy Republi-
cans, by affixing the word "protect-
ive," made deep inroads upon the ranks
of the Democratic party, whose snp-
porters were the laborers and consum-
ers. The honest hard-working farmers
we're told of this Protective Tariff"
and shown how it would make large
factories and rich men, but were told
that the profits all came from the
importer.
They blindly swallowed the whole
story and annually voted 70 tax them.
selves for the benefit Of the Infant
Industries" These industries become
rich and powerful and their power be-
ing ever thrown to the aid OF the Re-
publican party, made it the leading
and most powerful of the two great
parties. Our ever-awake financiers,
seeing the power of these corporations,
combines and monopolies, and noting
the unity and oneness Of purpose with
which they and the Republican party
acted in cornering. combining and leg
islating against the laboring and pro-
ducing classes, we're satisfied that no
filter tools could be found nor indeed
needed to assist them to wreck the
country financially and make it en-
tirely dependent upon our dear Old
England for the very life-blood of its
trade and commerce. This being ac-
complished, the next little step oi
allegiance and subserviency would not
only quickly follow but would be vel.
coined by the starving laborer. while
it would make no difference with the
millionaire so he had his money. Sc
in 1873 the scheme was given over to
the Republican legislators TO cut the
nations finance in twain by one swift
fierce swoop of denomination. II
was mostly done, as all our school boy'
know, when President U. S. Grant
with the hand that did 50 much tc
save that nation by preventing
division of it's people, signed the act oi
Feb. 12, 1873, and thereby did so
much to ruin the nation by dividing
its money. A money panic was thu
immediate result but because of thu
almost inexhaustible sources and th'
wonderful productiveness OF the coun
try it soon recuperated and the people
were able to stand the evil effects o
the gold standard till the McKinle!
tariff law of President Harrison's ad
ministration increased the alread.
princely tribute to home manufactor
| les to q point unbearable considering
the low point to which the price o
rural products had been forced by tn
enhanced price Of gold.
Luckily for us, the financial question
was lost sight of to q great extent II
the following campaign, Chat OF 1872
for in the general dissatisfaction tina
followed the Mckinley high tariff tn
people defeated the Republicans, mil
lions of dollars to the contrary mo-
withstanding, and one Grover Clevs
land was elected President, on Tari
Reform and Double Standard pla'
form, himself being one of our golt
, standard allies.
This new President was all right o
the Tariff Reform part and did hi
people q great good by his efforts
: free them of the robberies of th
i, moneyed classes in that time. But b
was outspoken in his views for gol
4 monometalism and this brought hiI
into great opposition and disfavt
with the masses of his party, so muc