The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-12-27
VIEW AT WASHINGTON.


Ing the recent campaign was that the adj
vocates OF the silver cause were almost on
tircly men Of deficient education and even
illitcrate. An amusing REPUTATION of this
charge has been made by m analysis of
the presidential vote as cast on the 3D. OF
November. whereby 1t is proven that the
bulk Of the illiterate voted for Mckinley
together with the foreigners. thereby elect
ing him.
| One OF the most marked Of men In the
United States senate today is John 7. Nor
gan OF Alabama. OF medium height. aver
age weight and nothing about his face or
bearing that would in itself attract the at
tenton as extraordinary, yet this quiet,
plain man. possesses one of the most virile
and active brains that ever was owned by
a human being. His fund OF general in
formation is not equalod by any one of his
colleagues in the senate and even when us
specialists they are obliged to meet him in
debate. they frankly admit his power
| Morgan has pressed two hobbies with all
OF his great power of application during
| the last five or six years silver and the
Nicaragua canal In pressing for the re-
stora'on of silver he has come into bitter
antagonism with President Cleveland.
early in 1885, and late in 1898, up to the
| present hour. A. H. Carter OF Alabama
called on the senator the other afternoon
; at the latter's residence in this city. and
| in the presence of enc or two other friends
| assembled in the senator's parlor opened
the silver question.
Morgan is a fluent and fascinating con-
versatlonalist He spoke OF the silver ques-
| tion substantially as follows:
This trouble began with Cleveland In
| 1885. although John Sherman set up that
gold reserve deadfall and baited the trap
in 1879. Cleveland was political non
entity when he was selected in 1884 as our
candidate. He was so impressed then with
that fact that he actually tried to have
the National committee remove his name
from the head of the ticket; but that body
declined. Well. he was elected. He did not
know thing about the financial system
of our government, and fell in naturally
enough with that Wall street clique which
assumed then, as it assumes today, the
sole knowledge of what is right as to
money matters.
Cleveland was worried over the Ques-
tion of getting the right man for secretary
OF treasury The Wall street influence in
sisted on Dan Manning since he was a
president of National bank and was a
we'll recognized political influence in New
York. Cleveland first shrank from the
selection. because he knew Mannings
strong will and individuality. but the pres.
sure was too great, and Manning came in.
Manning was ambitious to make his
administration Of the treasury department
Of 10 taJ
be classed as a great inancier and went
TO work with hammer, saw. chisel and all
the tools he could command upon the re-
formation OF the department..
Pretty soon this Wall street clique be.
gan the practice Of drawing gold coin out
OF the subtreasury and shipping 1t as bull
Hon to England and abroad by using green.
backs. This they did because it was the
easiest and cheapest method then at their
command for exchange.
when they had fairly got to work the
attention of Manning was called to their
methods of business. and the power which
they possessed, If not checked. OF emptyng
the gold from the treasury was noted by
Manning. He accordingly issued that
famous circular, which ordered these
treasury in gold or silver. Then the trou.
BILE began, These Wall street men, not
openly, but secretly, came down here and
labored with Cleveland TO get him to COM
pei reversal of Manning's order. Cleve-
land in turn, went to Manning but that
gentleman said No, 1 will resign first
Cleveland then turned to his Wall street
friends and said. See here, what trouble
you have put me I'M l can not afford at
this stage of my office to compel the re-
signaton of Mr. Manning. Go back wait
while, and do not make a mess of the |
situation that will result in doing us all
harm
We'll, those fellows went back, but they
soon returned to the attack on Manning |
Cleveland finally secured revision of |
Mannlng's circular, and the result was that
Manning died-he died of a broken heart, |
for he realized the failure of his dream |
and hope Of a brilliant administration. His |
death was II mercy to him.
That is where this trouble began, gen.
tlemen in the democratic party. and tell |
you today that the democratic party right
ed the wrong at Chicago. and it will tr-
u,nph as sure as fate on this issue before
1900
Look at the significance of that silver
order of Spain through Weyler at IIa-
yana. Here you have Madrid directing
tLat $50 900 of gold notes in Havana he
at once taken up in bank and reissued dol
lar for dollar in silver notes. This is go
ing further than the ultra silver men in
this country have gone. Yet, this step is
taken by the order of Spain who never
would have done so, In my opinion unless
she had had perfect understanding with
Great Britain.
why, | predict that England will be
compelled by her own people in India to
open the minis there to free coinage of sill
yer within year or two. The blight Of
the closing OF the silver mlntage there In
June 1895 Is something terrific. 1t is
causing those people to suffer peyonI nil
reasonable description, and the gold stand
ara interests are seriously menaced in /
Great Britain by that misery today. They
will yield, predict it. very soon Our REQ