Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1895-08-20
TUESDAY, AUGUST GOTH 1895
III THE MEHCTOF THE
EDTD-RTGS.

Judge Rea SHOWS up plalhly the
helplessness of the government
in the grasp of the money power:
''Dispatches from Washington
yesterday concerning heavy ex.
portation of gold on the day pre-
vious, quotes the acting Secre-
tary of the Treasury as saying
that, he had no specific Informal
ton as to whether the Syndicate
would allow the one hundred mil
lion reserve to be encroached
upon or not.
''Then he proceeds to quiet the
public pulse with this hopeful as
surance: The best public opin.
ion is that the Syndicate will not
allow the reserve to be encraoch-
ed upon, until after Oct. l, when,
as generally understood. their
obligation will cease What
humiliation must every true
American feel at the confession
of helplessness from their chief
financial officer. and at the servile
hope of of the best opinion at
their capital.
1.-The Syndicate, to which the
National Treasury has been farm
ed out for preservation, for q
premium already paid of about
ten million dollars. has not ad-
vised the COVER nment whether it
will faithfully perform it's con-
tract or not!
"Of course it was all paid it's
price for it's promise! All con-
cur that it has the power to do as
it agreed, but the government
trem bles from uncertainty as to
it's purpose.
1.-The best opinion, however.
thinks that the gold kings will
allow the national treasury a fit
full life for seven weeks more.
The best opinion sees more pro
fit for the anaconda which is slow
ly but surely crushing out the
financial life of the people in
graciously allowing this little
additional breathing spell. It is
entirely probable that the best
opinion is correct. not because Of
any regard for pledges paid for
and made-not far from any pat
riotic impulse or thought-but
because it is better policy to am
ply aud fully demonstrate by an
object lesson the certainty and
extent of it's power.
1--WE feel quite sure that the
reserve is safe until October 1st.
After that date the poor govern
ment must rely upon itself. It
can no longer lean for support
upon Wall street. The public
must remember that the power
that can preserve can destroy.
They should read in the object
lesson the syndicate is now Civ
ing them that it has the power to
either with the purpose to do.
the latter.
1.-The recent farming out Of the
treasury is without question the
most humiliating and degrading
governmental act in American
history. That it was done with
out an indignant protest from
every hamlet of the land indi-
Gates a decadence of that sensi-
tive pride in National honor that
in the past characterized Ameri.
can citizenship.
I'm the very gloomiest hour of
the Rebellion, when, added to the
reverses which for a period fol-
lowed rapidly upon the land. the
Pirate Alabama was trium phantly
driving our commerce from the
seas. two wealthy New Workers.
visited Washington and propos-
ed to destroy or capture the Ala
bama at their own expense, if the
government would agree to pay
them $2,000.00O, when the job
was accomplished. .-...- !.
"They sought and obtained an
interview with Presid ent Lincoln.
He listened attentively to their
proposalan when they had finish.
ed, rose in the dignity of his ma
jestic American manhood and
answered: We are in the throes.
;ofa desperate contest for natio-,
nal life, which lat times looks al
mosthapeless. The government.
needs every possible assistance
within reach. But desperate as.
their struggle is the American.
people would never consent that
.Ishonld farm ont to,private5 part-
les any of the ctions Of their.
government, and IN their name j
decline your offer.
That was before the gold
ring, I entrenched in power BY.
twenty two years Of legislation.
as II now is, was able to dictate
its own terms as cond itions under
which the overnment ymay exer-I
else it's governing func ions. 3.
long as gold M no.me tal-
lism exists, So long the syndi-