The representative. [volume] (St. Paul, Minn.) 1893-1901, 1896-04-22
THE GREAT CONSPIRACY.
Conclusive Proof That the Panic 81
1893, Which Cost Thousands
Their Lives and Millions
Their Fortunes,

1898, Which Cost Thousands
Their Lives and Millions
Their Fortunes,
Was Created by the Joint Action OF the Ma
tional Bankers Of New York. and Grover
Cleveland and John G. Carlisle.
BY ". SCHUCKERS
Private Secretary to Salmon r. Chase;
Pi esident Ii ncol n S u eat Secretary OF the
Treasury, during the Civil War. =
Continued from last tCeeE
XXXV.
It is not pretended that the forego-
ing were the exact words used by Mr.
John G. Carlisle In his address to the
National Bank presidents, but they
convey very succlnctlY the substance
of what he said; and in part at least
those with respect to the "object les
son of pan1c"Eare so nearly his
words that to distinguish them would
probably be difficult. BY an object
lesson was meant an attack by the
New York National Bank presidents
and their cOnfederates, by banking
operations, upon the industrial and
commercial communities, and most
particularly those Of the South and
West, with design to disorganize
credit, to explode banks, to shut down
mills and factories, to bankrupt mer-
chants, to produce, in short, by bank
ing operations. so widespread and in
tOlera lie state Of business and So
cial disorder and suffering among all
classes. rich and poor, AS to create
pressure from every quarter for the
repeal of the silver law-to which all
these universal ills were to be system
atically aScribed. ..1 a..
XXXVI. d..
This was the atrOciOus scheme of
outrage and spoilation Of the indus
trial. agricultural and commercial
communities wrapped up in the pro-
posed infamous "Object-Lesson." -
XXXVII. So
Now, did any one OF the nine Ma
tiOnal Bank presidents, or did Conra d
n. Jordan or Charles j. Canda. show
the least sign Of aStOniShment. alarm,
distress, or even surprise. when Mr..
Carlisle made his astounding state
the national prosperity was approved
by Grover Cleveland? .-'.s+f.
NJ. ..s.,
Did any one of the nine National
Bank presidents, or did either Conrad
n. Jordan or Charles J. Canda, make
any protest. even the slightest, that a
National Bank war upon the indus
trial and commercial communities
would be an outrage UNNECESSARILY
wick ID, cruel. indefenSiDle, infamous
and criminal?
No.
Did any OF the nine National Bank
presidents show or express any disin-
clinatiOn whatever to join in this pro-
posed cruel, infamous and criminal
National Bank war upon the. indus
trial and com merial communities?
No.
On the contrary, the nine National
Bank presidents and Messrs. Conrad
n Jordan and Charl J. Canda were
at the Williams House conference in
the expectation that Mr.. Carlisle
would make-at least in substance
precisely the delivery that he die
make. If any proof OF this were need
ed, it is to De found in the fact that
within twenty-five minutes after that
delivery was made, the conference
broke up. There WAS. great harmony
The Secretary of the Treasury, the
nine National Bank presidents, anc
Messrs. Conrad n jordan and Charlie.
j. Canda, werc in perfect accord
they shook hands all round-and sep
arated as effuslvely as they had met
They understood each other perfectly
XXXVIII.
This meeting las ted about one hour
and was rho Last that SoriaC nj av
traord nary and unprecedented Sc
cret bank conferences in New York
and confidential Bank-Cleveiand colo
municatiOns between Wall Street an(
the White House, that had been ir
progress during seven consecutive
days. The motive for their cOntinu
ance no longer existed. The prelimin
aries had all been arranged. The con
clusion had been reached. and Their,
would be no more meetings.
An immense calamity now impend
ed over the American people; Gala IN
ity that was to break upon them with
in the next forty-cight hours.
nj.
Mr.. Carlisle is said to have been ex-
ceedingly reticent about what haG
passed at the Williams House meeting
He did not want to talk about it
either before il took place, or .afteI
it was over. He adopted a policy O
excessive secrecy. He shrouded al
his movements in mystery, and de
cIined to see newspaper representa-
tives. The National Bank president t:
we're not so reserved. Crafty, coward
ly. contemplate and disloyal, in thei
partnership of eyil-gratitied at tn,
prospect OF mischief, but shrlnkin.
from it's penalties, they promptl.
"squealed" to an extent that revealed
their purpose to put the whole re
sponsiDility Of the intended crime ur
on the shoulders of Grover Clevelan,
and his Secretary Of the Treasury.
XII.
| The National Bank presidents
every thing being now arranged AM
Observation-Disclosures eager for the as
sault; go eager that one of them, it i
alleged. went directly from the vii
liams- House meeting to q telegraph
station in the near ncighborhOod, an,
began operations within thirty min
utes after it had adjourned. 1t is en-
| tirely certain that within twent
hours the whole New York Nationa
Bank confederates were in action
with destructive effect.
! XLII.
| At the time Of this meeting be
tween the Secretary Of the Treasur
and the New York National Ban
presidents, there was no sign of til
coming Industrial and commercial
| ;hlo npvuul,nro <l,o no,,x