The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1895-04-24
The DEMOCRATIC PRES
National Currency Should be Ration
al Currency

RaSenna, edneSday, April "a, 1895 |
National Currency Should be Ration
al Currency.
PRESIDENT CLEVELAND has again uttered
the right word at the right time Correctly
estimating the proprieties of his high Office,
he declined the invitation sent to him by the
business men and citizens of Chicago to be
their guest at public reception designed for
him in that city, in appreciation of his
maintaining the financial credit of our
Government, and his "uncompromising
attitude in favor of the preservation of a
sound National currency" He accompanied
his reply, however, with a brief review of
the financial situation, in which the founda.
ton principles of monetary stability in its
relations to the lasting prosperity and indus
trial welfare of the country were clearly and
succinctly considered. He presented IN
series of well grouped sentences one of the
most sensible and practical analyses of the
subject ever given for popular perusal and
guidance. He well says: "If the sound
money sentiment abroad in the land is to
save us from mischief and disaster, it must
be crystalized and combined, and made i'm
mediately active
Certain legislative causes have brought
about great hardship and distress to the toll
ers in the realm. The common people "have
found by bitter experience what it means to
build the commercial structure of the nation
ON foundation of sand. They have been
tariffed into poverty and idleness, and while
many of them recognize the true cause, and
hot
had its origin in war duties maintained and
increased in times of peace, large per cent
of them have no logical ideas on this phase
of the subject, and are therefore ready to
listen to the clack and clatter of any quack
specialist, and to swallow any sized dose of
"panacea pills" prescribed by these Doctors
of DemagogY.
Apropos of this, the President says: "1t
ought not to be difficult to convince the wage
Garner that if there were benefits arising from
a degenerated currency, they would reach
him least of all and last of all. In an un-
healthy stimulation of prices an increased
cost of all the needs of his home must long
be his portion, while he is at the same time
vexed with vanishing visions of increased
wages and an easier lot. The pages of his
tory and experience are full of this lesson" "
In this, GROVER CLEVELAND has present
ed to the wage Garner picture that exposes
at glance the false idea that cheap cur
rency is friend of the poor man.
Again he says: at is utterly impossible
that any one e can be readily bene-
fitted by a financial scheme, not alike bene-
fetal to all our people, or that any one should
be excluded from a common and universal
interest IN the safe character and stable val
ue of the currency of the country"
And again: eff reckless discomfort and
wild experiment should sweep our currency
from its safe support, the most defenceless
of all who suffer in that time of distress and
national discredit, will be the poor as they
reckon the loss in their scanty support, and
the laborer and working man, as he sees the
money he has received from his toll shrink
and shrivel in his hands when he tenders il
for the necessaries to supply his humble
home"
Mr.. Cleveland has rent the veil from tor
TO bottom, and in his direct and sinewy En-
glish removed the veneer Of thin pretension
sweeping away the fascinating rainbows and
mental mirages, SO skillfully and ingenious
ly placed in the poor mans political frma
ment by these silver monometallists.
The character of the impending conflict
could not be better indicated than in the
words of Mr.. CLEVELAND. disguise it a;
we may, the line of battle is drawn between
theforces of safe currency and those of silver
monometallism."
Those people who are so fond of chasing
GROVER CLEVELAND with the 'Goldbugs,
and in cursing him generally for his unal
terabIe position on the financial question
will do we'll indeed to remember that he wa:
elected to Office holding the identical view!
SO well expressed in his recent Chicago let
ter; views that he had given full and un
compromising expression to long before h'
received the nomination in 1892. However
much free silver Democrats may question
the position of PRESIDENT CLEVELAND, they
cannot accuse him of Inconsistency. Ant
they voted for him, too.