The Caucasian. (Clinton, N.C.) 188?-1913, 1895-12-05
ICHABOD!
The Glory of the Democracy Hath DE
parted.


parted.
..ulIER FREE COINAGE OF SILVER NOR
,SY DINER COOP THING CAN RE EN-
rrCrEp FROM Ir.
The strongest proof that | find
vby any of the great financial re-
forms, including the free and un-
limited coinage OF silver, cannot be
secured through the Democratic
party is in reviewing the financial
history of that party.
I'm spite of all the bOasting OF the
republicans, it can be proved that
the Democrats were always more in
favor of real currency reform, such
rs is now advocated by the Popu-
lists. than the Republicans until the
Belmont wittTilden gang,
WITH THEIR ROsTHCHII.D BACKING,
cot control of the party. Since that
ALL the leaders, whether in or out OF
powor, have been "sell-outs."
All the first leaders of the party
were practically in favor OF govern
ment money and plenty of it. But
the gang mentioned repudiated the
Jefferson Democracy, as advocated
by Jefferson, Madison, jackson,
Burton and Calhoun.
Mark these points: :,
|. The first United States bank
was the work Of the Federals who
hated government money.
.. The second u. 5. bank had
some Democratic backing, but was
opposed by jefferson and Madison
). From 1929 to 1882 jackson
fought against the bank, and tried
to get treasury notes based upon
government credit, and these not ~
war measure
!. In 1887 the Democrats issuet
treasury notes when the banks sus
pended. - q.
:. In 1915 they fought the Mexl
can war with treasury notes.
&. I'm 1857 the Democrats, still II
power, used $40 100000 OF treasur.
notes when the banks broke. Man.
of these were still out in 1851.
7. TIP to 1862 contrary to the wlshe
of Jefferson, Madison and Jackson
these notes had been legal tender t
the government only, and not 10 III
people. But to be tender to govern
ment only for all dues is iniinltel
better than to be tender to the pee
ple only. That is the hole IN whic
tho Republicans put the greenback
by putting that
EXCEPTION ON THE BANK,
and thus degrading them almost
the point of reputation.
s. In 1864 no Democratic senate
voted for national banks ana SIEVE
against; no representatives LOT Al
90 against; and most of them vot'
for taxing u. s. bonds. ,o
o. The Democratic vote OF lo69
coin payment of bonds ana gree
backs was "a against and one Tor.
10. Only four voted to lncrea
national bank notes in 1870. Inc
vote was II for and five against t
bill of 1870, to substitute legal te
der for bank notes, and again oa
two.
IL. All voted against the Resun
ton Act of Jan. IA, 1879.
Truly y righteous, sensible reco1
But, alas! the good record was OF
while they
WERE OUT OF POWER.
Whenever they have gotten IN, slr
then. sharing the rottenness ana
mobilization of the Republlca
they have sold themselves tor
and power, with a cheerful alacrl
In 1873 the crash came and
Democrats were
LOUD AGAINST THE REPUBLICAN
MS the cause, just as the Republic
are now loud against them, as
cause of the panic OF 1878. DO
people gave them a temper
chance to show their hand-glV
them 20 majority in the House
1874. Their first act was TO g
Kerr, Wall street tool, as spea
Wall street stepped right in and
RUN THE NEW POWER
as it did the old one.
Then came Tilden's nominate
n Wall street platform. Sound,
time Democrats should have wa
ont of that convention at that
ment.
The Democratic platform OF
was the first, except that OF
since 1928, that favored natl
banks. That of 1868 (Seym
nomination. called for quick
ment of the debt and In paper
coin was not stipulated in the
taxation of government bonds;
currency for the people, the
holders, sc. He would have o'
Grant,
BUT WAS SOLD OUT
at the last moment, just befor
election, by Belmont and the
York World. (See Manton Ma
palace on Fifth avenue.) ia
the bargain with the Repub
was that Grant should sign
making bonds payable in CO
suit the Rosthchild bondho
This he did, though the much-a
johnson had
PREVIOUSLY REFUSED TO DO
Here then is brief finances
tory of the Democrats up to tn
of Cleveland's first victory. 1t
how they gradually lost the,
riotism; and in common witt
twin fraud, fell under the sV
Wall street. Is it any wond'
after such preparation they
committed these innumeraDl