Iron County register., 1895-05-16
The Presidents Attitude.

The Presidents Attitude.
The issuance and control of the mon
ey of a country is the prerogative OF
sovereignty. Intelligent publicists do
not disagree on this point. It is con-
ceded on all sides that whoever con-
trolls money occupies the throne and
exercises the royal prerogative.
The taxing power aud the control of
the currency are different forms Of the
same power. If class can cause the
levy of taxes for its benefit, it is king.
If it can control the currency, it is king.
Under the Wilson bill as it was
shaped by Messrs. Cleveland and Car
Isle and originally reported before any
amendment whatever was made to it,
it levied protective taxes much higher
than were levied by the Morrill, war
tariff Democrats have always de-
nounced. 1t did this because Mr..
Cleveland wished it done-because in
the last National Democratic Conven-
tion, through his personal representa-
tives, Messrs. Whitney and Villas, he
caused the revenues only declara-
tlOu to be stricken from the platform
and to be substituted for it the protec
zionist straddIe which the convention
repudiated. Seeming to yield to the
will of the convention, Mr.. Cleveland
merely dissembled and as soon as he
was safe in the White House he re-
turned to his original attitude-as he
did on the currency question also.
When he forced the currency issue
by declaring the country in imminent
danger from the liability of silver to
circulate-for that is virtually what he
did declare-the purpose of the men
controlling him was to prevent thor
ough reform of the Democratic party
by dividing it and to secure control of
the currency on a double standard of a
very little gold and great deal of cor
poration paper-the latter represent
ing nothing in the world but debt and
imitation.
As far as Mr.. Cleveland knows any
thing about the currency question, he
believes in the double standard Of gold
and paper-of circulating corporation
debt foated three to one against gold
that is with every gold dollar inflated
by three pieces of silk paper, each one
a hundred cents less than nothing.
But it is not possible to believe that
MIR. Cleveland was cognizant of the
scope of the plans of the men control
ling him. His mind is too narrow and
his information too limited to get at
and central truths of any
situation.
He was governed by his sympathies
with the Whitneys, the Benedicts and
the other great monoPoiists and money
lords with whom he has been associat-
ed since be began his career in New
York State politics. It was through
their influence that he filed his Cabi-
net with corporation attorneys and ma
tional bank directors and railroad
agents-the Hoke Smiths, the Bissells,
the Olneys and the Mortons, who are
wholly out of sympathy with the Dem
ocratic party on every vital issue.
1t is through the same alliances that
he now seeks to force to immediate
an issue of gold against sill
ver-an issue which does not really
exist at all.
The real issue is cash-the money of
the people representing their sover-
paper notes represent
ing corporation debt and the most
dangerous form of imitation.
Whatever Mr.. Cleveland may say to
the contrary, he is an infiationist, for
he opposes cash-the metallic money
of final account representing the SOW
ereign control of the people over the
attempts to substitute
for it the sovereign control of private
authorized to withdraw
cash from circulation and substitute
their private debt for it-a debt rep
resented by new silk paper circulated
as money with the direct quasi indorse-
ment of the Government.
Mr.. John 6. Carlisle once believed
that the country had suffered more
from his friend John Sherman than
from war and pestilence. The situa-
ton has not changed in the least now
that he and his present proprietor, Mr..
Cleveland, have taken their ground
with John Sherman against the De-
mocracy and popular sovereignty He
was right then and it. is true now that
If the p1utocratic conspiracy OF which
Mr. Cleveland is the willing it unln-
telIigent agent is allowed to succeed,