Omaha daily bee., 1896-10-30
GRANT ON SOUND cunnnN,
Honorcd Memories Not secure from
rMnncrMllc EnhrIcnilnns.
NO EycnlnE Wlsconsln.

FOpOcrNttc FnbrlCntiuus.
Milwaukee Evening Wisconsin,
Jesse Grant Is a man whose name would
not for moment arrest the attention OF
the American people but for the fact that
he is tho son OF his father" Yet no Is
not the son Of his father" on the money
question, though that is the subject ON
which he has seen NJ TO air crude opinion
which has attracted notice only because ot
the honor associated with the family name
He shows Ignorance as well as presumption
when he says he believes his father. II liv-
ins, would toby favor the free coinage OF
silver at the ratio Of 10 to /. President
| Grants own words throw clear light on
the position witch he would have taken had
he been spared TO participate In this cam
paign. In his first annual message to con-
greSs, December 6, 1869, President Grant
said
81 earnestly recommend such legislation
| as Will insure q gradual return to specie
| payments and put an immediate stop to
| fluctuations in the value OF currency.
TO secure the latter ! see but
one way and that is to authorize the
fixed price when presented and to withhold
iron circulation all paper so redeemed until
sold again for gold"
In his second annual message December
s. 1870 President Grant said:
Tho evils OF 4 deprecated and nuctu-
ating currency are so great that now when
the premium on gold mas fallen 80 much, IL
would seem that the time has arrived when
congress should look to a policy which would
place our currency on a par with gold"
Hero Is what President Grant said In his
message of March I, 1872:
THE preservation Of our national credit
is Of national Importance; next In i'm
portance to this is to provide national
currency of fixed. unvarying value as COM
pared with gold and. as soon as practicable,
having due rCuArl for the interests of tho
debtor class and the vicissitudes of trade
and commerce, convertible into gold at
par"
In his message of December I, 1874, Presl-
dent Grant said this:
1T is very easy to conceive that the deb
tor and speculative classes may think II OF
value to them to make the so-called money
abundant until they can throw a portion
Of their burdens upon others. But even
these. ! believe. would be disappointed in
the result II course should be pursued
which will keep in doubt the value of the
legal tender medium OF exchange. 1t seems
to me that nothing is clearer than that the
greater part of the burden OF existing pros
traton for the want of a sound financial
system falls upon the workingman, who
must. aftey all. produce the wealth. and the
salaricd man who superintends and conducts
business. The burden falls upon them in
two ways; by the deprivation of employment
and by the decreased purchasing power OF
their salaries"
These are all sturdy blows at currency
natism of every sort and currency debase-
ment OF every sort. including free silver
tatsm and free silver dcbase-
ment They are convincing evidence that II
President Grant were alive today he would
be as implccably opposed to free silver
coinage at the ratio of 16 to l as he was
to the scheme OF currency imitation pro-
posed in 1874 when he vetoed the vllainous
bill to water our currency with an additional
four hundred millions Of greenbacks.