The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1896-02-04
WALL STREET DICTATED NoMINA-
TIONS.

WALL STREET DICTATED NoMINA
TiONS.
IF tho secret history of the yea
1892 shall ever be written it Will dis
close the fact, which cannot be proven
now, but of which | have not tn,
slightest doubt, that the gold ring O
New York, which embraces nearly al
the bankers in the eastern and middl,
States and the stock gamblers of Wal
street, controlled the Presidential
nominations of both tho Democratic
and Republican parties and had al
understanding with tho managers OF
with both the candidates themselves
in regard to what policy should be
pursued towards our finances. The,
contributed money for the booming o.
Mr.. Cleveland, as the only available
Democratic candidate and they abused
and ridiculed every other Democratic
aspirant.
There was plain evidence to show
| that the President himself had weaken
ed on the question of tariff reform
and the financial plank was cunningly
drafted so as to satify both gold and
silver men, with the intention that it
should be interpreted, If Cleveland
was elected, as meaning the cessation
of silver coinage and the forcing OF a
a gold standard upon the people.
Whether the scheme was agreed to by
the President in person or not, and
whether he bound himself in plain
terms or not will, perhaps, never be
known. His course has been unswerv-
ing in the absolute contradiction of his
public professions and letter of ac.
cePtance;"
There had been no trouble with the
gold reserve, the Senator asserted, and
no hint of any loss of confidence in the
national credit until about the time
of the last Presidential election. Then
for the first time we got glimpse of
the conspiracy which he had referred
to before.
ORIGIN OF THE GOLD SCARE.
Secretary Foster gave the holders
of grcenbacks and treasury notes the
option OF having government paper
cushed in gold or silver and as they
all demanded gold, the gold in the
treasury rapidly ran down. The finan-
cial papers took up the cry Of the
country going to silver basis, and the
first premonitory breezes of the panic
of 1893 swept over the land and the
conspiratOrs fomented it by every
possible means.
The Seuator quoted from President
Cleveland's response to the committee
that notified him of his nomination
the last time and declared there was
nothing in it to warrant one to expect
that the leader of the Democratic
party would ignore the platform and
treat with contempt the trusted lieu
tenants whom the people had sent to
the national capital to assist in shap-
ing legislation. The language would
lead us to expect the very reverse
How many, he asked, of these reason
able expectations have been met?
Whose advice has he (tho Presi-
dent) recognized? None but that of
the bootli and sycophants, who
have crawled on their knees for the
crumbs of patronage and betrayed
their constituents for the Offices in his
gift. In the entire history of this
the high office of President
has never been so prostitutcd, and
never has the appointing power been
Of civil service reform, he has de-
the civil service by making
only Of those whose
sponsors would surrender their man
hood, and with batcd breath walk with
submissive head in his presence.
a "BESoTTED TYRANT."
"With relentless purpose he has
ignored his oath of Office, to uphold
md obey the law, and has paid out
gold instead of coin, and issued bonds
to buy more gold, by both actions
overriding the law, and giving no
heed to the interests of any but money
ed fricnds-I might say his own part
ners.
"While to this besottci tyrant coin
30 al. L.
not by his mere 'ipse dixit' change
the law of this land and pervert the
plain meaning OF the English language.
1.-THE repeal of the Sherman law, it
was asserted, which was the first point
of attack, Of this 'unholy alliance"
was only accomplished through the
aid and in conjunction with majority
of the Republican Senators.
"This Democratic President ac-
what was not possible for
any Republican executive under the
to have brought about
A change of the party in power had
left a large number of Offices in his
gift with which to buy votes"
In discussing the "honest meaning"
Of parity of gold and silver in the
Sherman law, he said:
"The object was to have them assist
each other, TO hold silver up by hold
ing gold down, and an honest secre-
tary OF the treasury who should have
resigned his office rather than submit
to the dictation of besottcd chief,
wo aid have paid out silver to protect
the treasury from the gold gamblers
and bond gamblers as the law and his
oath OF Office required No wonder
the Senator from Massachusetts feels
warranted in twitting us with the
decay of Southern craftsmanship and
charging us with dishonesty. He
charges, however, in another conncc-
tiOn and as aiding and abetting this
Judas from Kentucky, who, after q
brilliant career OF twenty years and
moro, as leader and champion of the
silver forces, has in his ola age come
to this pitiful pass.
" And then to think that the indict-
ment thus brought against a whole
section should have so much color OF
truth and of fact to back 1T up in the
apCstacy from their principles Of the
two other secretaries from the South
in the cabinet OF u President who has so
disgraccd the name Of Democracy.
The South bows its head in shame
at this exhibition of moral cOwardicc
and despises the renegades."
SIREN SONG or TARITF REFORM.
The Senator contended that If there
has been one idea more persistently
and prominently presented to the
American people by President Glove
land than any other, it had been the
iniquities of the tariff and the demand
for its revision. In season and out OF
season with "damnable iteration he
had sung his siren song in the ears OF