The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-02-06

marcel of n damable scheme OF roppers
which had for its object, hrst the uttti
destruction of silver as q money nle.n.
second, the increase OF the puDhc ueuJ
the issue of bonds payable in gold, ana
third, the surrender to corporations vi
the Dower TO issue all paper money. ana
give them n monopoly of that functi0H'
Senator Tillman referred to the Shcr'
man silver law in 1890, and in tins con
nection said:
"Tbe silver Republicans of the Wes'
who had deserted the silver Denocrals
of the South and accepted the co'npro,
mise afforded by Senator sherman may
take warning as to what Ia,.m ~ or ia NC.
they can put in any utterancrS OF ne'
tions of the senator from ONO as me
legislation in regard to our finances. j ne
time for another presidential election APP
breaches. They must understand wa.
the election OF any man to the preSlnelcy
who would veto free coinage pill llenn'
defeat 1t means more; II means c?n
tinued disaster to our industries anu , ~.
creased poverty to the masses OF our pco-
pie"
"JJnder the Sherman law he CON
timed. there was diminution OF me
amount of the free gold in gradually
decreasing scale, but not enough 10 chuSr
any alarm. During the entlrc year ol
1891 and the entire year OF 1917 there
was approximately ms much gold as there
was during 1894 and 1888 If the secret
history of the year. lS02 shall ever W.
written il will disclose the TACT, whlch
can not be proven now, but OF whlcn
have not the slightest doubt, that the
gold ring of New York which embraces
nearly all the bankers in the Eastern ana
middle States, and the stock gamblers OF
Wall street controlled the prcsidehtlai
nominations of both the Democratic ana
Republican. parties ana hau a., an o ut'r, or
standing with the leaders of the party or
with the candidates themselves as 10
what their policy should be- They boom
cd Cleveland as the only available chhui-
date and they abused every Other Deiho-
cratic aspirant.
"rbere was plain evidence to show that
tho president himself had weakened on
tariff reform and the financal plank was
cunningly drawn so as 10 satlsiy potn
gold and silver men with the INTENTION
that IL should be interpreted II Clcyelanu
was elected, as meaning the cessation OF
silver coinage and the forcing OF goa
standard upon the people. Whether the
scheme was agreed to by the president Ill
person or not, or whether he bound MN
self in plain terms or not VIII perhaps
never be known. His course has been I'M
swerying in the absolute contradiction oi
his public profession and letter Oh ac-
cDlnncc.
There was no trouble with the gold re-
serve. the senator asserted, and no hiht
of loss of confidence in the Nati0ilai
credit until about the time OF the last
presidential election. Then for the hrst
time we got glimpse of the conspiracy
which has been referred to before.
Secretary Foster, he said, gave the
holders of greenbacks and treasury notes
the option of having government paper
cashed into gold and silver and as they
all demanded gold the gold in the treas,
urv RAPIDLY ran down. The financial
papers took up the cry of the country go
ing to n silver basis and the first breeZes
of the panic of 1893 swept over the land
and the consprators fomented 1t by every
possible means.
The senator quoted from President
Cevelands response to the committee
that notified him of his nomination the
last time, and declared that there was
nothing in il to warrant one in expecting
that the leader of the party would ignore
the platform and treat with contempt the
trusted lieutenants whom the people had
sent to the National capital to assist IN
shaping legislation. The language would
lead us to expect the reverse.
How many, he asked, of these reason
able expectations have been met! w nose
advice has he (the president recognized!
None but that of the bootlicks ana
sycophants who have crawled on their
knees for the crumbs of patronage, ana
BETRAYED their constituents for the Offices
in his gift. In the entire history of this
country the high office has never been so
prostituted and never has the appointing
power been so abused.
Claiming to be the apostle of civil seryi,
ice reform, he has debauched the civil
service by making appointments only OF
those whose sponsors would surrender
their manhood and with bated breath
walk with submissive head in his pres
encc. With relentless purpose he has
ignored his oath of Office to uphold and
obey the law and has paid out gold in
stead of coin and issued bonds to buy
more gold-by both actions overriding
the law, and giving no heed to the inter
asts of any but moncycd friends-l might
say his owners or partners.
'Whilc to this bcsottcd tyrant coin has
come to mean gold alone, he cannot, by
his mere ipsc diXit change the law of this
land and pervert the plain meaning OF
the English language.
"The repeal of the sherman act, winch
was the first point of attack OF ihis
unholy alliance was accomplisnel
through the aid and in conjunction WITH
n minority of Republican senator's. inns
Democratic president accomplished what
was not possible for any Republican
executive, under the circumstances, to
have brought about. a change OF the
marty in power has left large number
of Offices in his gift with which to buy
gifts"
In discussing the "honest meaning of
parity of gold and silver in the Sherman
law, he said:
"rhc object was to have them assist
each other, to hold silver up by holding
gold down, and an honest secretary OF
the treasury, who should have resigned
his office rather than submit to the dicta,
ton of Il besottcd chief. would have paid
out silver to protect the treasury from
the gold gamblers and bond gamblers, ms
the law and his oath of office required
No wonder the senator from Massachu
sets feels warranted in twitting MS witt
the decay of Southern statesmanshiI
and charging us with dishonesty. Ill,
charges il, however, in another connec
ton and as aiding and abetting Inn
Judas from Kentucky, who. after brll
liant career of 20 years and more as
leader and champion of the silver forces
has in his old age come to this pitifu
pass. And to think that the stigma thus
brought against a whole section shoult
have so much color of truth and of fac
TO back it up in the apostacy of thei
principles of the two other secretaries o
the South in the cabinet of preslden
who has so degraded the name of Dem
ocracy. The South bows its head il
4 4. L. 4. &c Il