Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1895-02-14


OF government only contemplated
beneftting the capitalist class, then 8
plan that would retire all Of ouI
treasury notes and legal tenders
would be the thing. But as II is in
tended that in our land all shall re.
celve Che benefits Of Legislation, diff
ferent phase IS at once put upon the
question, and the peoples party Of
America is not alone in this view, but
they are now able to cite doubling
conservatives TO the late utterances OF
Hon. VIM. e. Gladstone, who few
days ago denounced the plan OF bond
ISSUES, and advocated the issuing Of
notes by the government. Besides
with the example Of New Foundland
fresh before bis eyes, one would think
Mr., Royce, with his fine disCrimina !
tion, would speak right out against
it,
My friend says he wishes to defend
Cleveland and Carlisle, etc. He does
them great honor, but in speaking Of
the grand old protective theory Of
Blaine and Mckinley" he seems to
have entirely lost sight Of the fact
that the great strike at Homestead,
Pa, and in Tennessee, and in the
west in 1892, as we'll as the great rail-
road strike Of 1877, and in fact all Of
our great strikes mp to 1894, occurred
under this bossted protection" Also
the terrible financial panic Of 1873,
and again in 1893. II this grand
old theory" protects, why should it
not protect the people, all Of tbemi
Does not Mr.. Royce remember that
old republican ar.horse, A, j. Felt,
soon after the election Of 1892, in
which he said. 1.-THE party Of Abra-
ham Lincoln had become the partv OF
the Platts, Quays and Depews"l
Does he not know that Mr.. Felt said,
in speaking Of the republican party,
1T promised a revision of the tariff,
and made the revision Odious to both
producer and consumer. y 1t
was 90 framed as TO leave it open to
the suspicion that its real heart iCdS
more IN the interest of cdpitGEthdn Of
ldbor"Y (all the italics are mIne).
Now, if Mr.. Felt was right, what is
there in the grand old theory" to
stand forH Mr., Royce says the issue
Of bonds was for the purpose OF hold
ing intact the gold reserve without
which we would have no credit
abroad. Mr.. Royce will find it diff
cult 60 show how the reserve" can be
held intact while sharks are continu-
ally drawing on il, and that too, by
virtue of laws made by the republi
can party. No, "all who have given
the matter any thought whatever,
egree" that the bonds are issued in
the interest OF the same kind Of fell
lows who took their money-bags and
went to Canada at the beginning OF
the war Fit is necessary to keep
a gold reserve in order that we may
have credit, why is not the gold as
good, or better, IN the hapda OF the
people7 They do the importing. Mr..
Royce knows that by a hocus-pocus
arrangement our bonds were made
payable in gold, and that the authori-
ties who fastened this load Of debt
on this country (this gold debit de-
serve the everlasting condemnation Of
an outraged people, and il comes
with poor grace from q representa-
tive Of the only loyal" party in
America to, at this late day, defend o
similar action.
He seems TO remember that the At
lanta Constitution and Louisville
Courier-JoarnGI found fault with
President Cleveland because he FOL
lowed the 6naLcIAl policy Of BENZ
HARRISON" No wonder Mr.. Royce
defends him.
Let US suggest," that we shall
Uerg likely be compelled to submit to
this manner Of doing business as long
az the demo-republicsn party controls
the affairs OF this nation, but there 10
good time coming when the yoke OF
the money monger will be broken,
and the people will rule. In the lam
Quage Of Gov. Felt. rs il reform,
or revoIutionP Which will Mr..
Royce chooseY
Ii my friend considers the ques-
tions before the people Of sufficient