Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1896-08-22
NATIONAL POLITICS.
BRYAN AND NEW YORK BANKERS.

A. H. Lewis, the Washington oorre-
spondent of the New York Journal writes,
under date of August l3, as follows:
To those acquainted with the history
of the past three years the hostility of the
national banks to the Platte candidate is
no wonder. They fear him for what he
may e;they hate him for what he is; they
nourish blood feud against him for what
has been his course in their affairs.
All will recall that during the earlier
part of the present Cleveland caliphate
there came an hour when the banks, in
stead of paying depositors and the hold
ers of drafts and checks, gave in lieu of
money what were called ''clearing house
certificates" Nobody wanted them, but
like many another dose of the disagree
able, they had them to take. There were
over 1OOOOO,OO of these "clearing house
certificates" which went winging from
the banks of Boston, New York, Phila-
delphia and Baltimore.
Under the law these banks owed on
these "olearing house certificates" and
because they never paid II sou markee,
still owe 10 per cent as tax to the gen.
eral Golfers, over $l0,000,0O0 in all. They
know this themselves, albeit they affect
to read the statute being encouraged
therein by Cleveland and his law and col
lection cabiueteers - otherwise. Now
thess banks fear that with Bryan coming
in they'll have this tax to pay. They
doubtless argue with much wisdom. Bry-
an will make them pay.
An illustrative of the aspenlike attitude
of the banks in the affair of this 10 per
cent tax, even while they protested that
under the law they couldn't, didn't owe it,
their agents crept before Springer's bank
ing and currency committee of the last
ongress-Springer afterwa-d got jim
crow judgeship in Oklahoma and his son
was made an army chaplain-and gained
from him bill which released them from
this ten millions of tax. They we're to
60 scot free.
But the house overthrow the bill -
voted it down after two days debate-and
the banks still abide on the ragged edge
of the expectancy of Bryan day to come
when there will he produced an attorney
general, secretary Of the treasury. and
currency comptroller who will force from
them these honest taxes, honestly due.
Bryan believes in collecting this tax of
the banks. He was against the Springer
bill releasing them, voice, and vote. Bry-
an holds that government 80 alive to it's
revenue rights that it shoots down poor
wretches on the wild mountain sides to
collect S. worth of tax on mud
dy moonshine whisky, might with profit
turn attention to these ten million tax
delinq uents, the national banks. And
that's why these money makers fear Bry,
an, and make solid rank against his can
vass. And that's one of the main reasons
why they distrust his financial views. He
thinks they ought to pay their debts.
| MATTHEW'S THE MAN.
| La Porte, Ind.-There no longer re-
mains any doubt as to the position o.
Gov. Matthews in the forthcoming con
test for the United States senatorship ir
Indiana. The legislature to be chosen II
November will elect successor to Sen
ator Voorhees,. Gov. Matthews is can
didate, and in furtherance of his candi
dacy Democratic Populist coalition
will be Immediately effected on legisla-
tive candidates. The managers OF Matth
ews believe that if he is elected to the
United States senate he will be a leading
candidate for the presidency in 1900
Senator Voorhees, is also candidate, anc
word comes from Terre Haute that he hal
almost entirely recovered his health and
that he proposes to take the stump and
make the same sort of a vigorous cam
paign that he has been making for ths
last thirty years.
Greater Significance is now givento thu
report of ex President Harrison's sena
torial aspirations, In view of Governor
Matthews strength in this state and thu
fact that with Governor Matthews as tn
leader Of the state Democracy, Benjamin
Harrison would be the strongest op
ponent the Republicans could name.