Pine Bluff daily graphic., 1896-10-12

ulIugt0a Eel r Bryan sad
 Then they made t#e R8thsehiId con. tract There was $ contract by which this government sold to 3 private syn- dieate eouds at Io44s which were at that t5ms worth ff9 in the market There ie nGt 3 private eitszau who would ever aa tha5 thing bue bis relatives would have guardian appointed f8 take care of his property. Men can do as publfe officers that which they would not do=if thHv were hand 8ne 3heie 8wH money and attending 10 their own buai- ness
 Ye were told when we sold bends a6 hene we had ta furnish the gold to buy the bonds el5h 50 Ebey tried te bug the gold abroad and EhHs they did rst need 5a furnish the goid which they wera buying. It made little larger circle F lock IIttIa longer e gst around. The one provision in that contract which strHek me as an exceed ingiy sagacfaus one was the one prGvid- ing hat thIs gold should De paid ia ill- statIments, extending over some months. The beauty of 6haB vas that the gold Caatd not De gotten oue until t got iIlt and Inc longer E toaa getting iH the longer # taek t8 get caf. They sold bonds ard seut them aeTgss tba ocean, and 5efesa s5x months were un the same bends that a eI1t across he ocean af t04A5 came back to this eouutry and took gold away from fhis country at the rata of f30
 That ls Gnanciering. That is wisdom ia financial ciTeles. And f there is any one here that daea not see tbat E is wise do ao6 any 90. because they will say you ara an ianoramas down in Wall street. That contract contained stipulation by which the Bothsebild and Morgan syndicate aa#aad for q certain length of time to d0 their best #8 protect the freas- ury of the United States ] think that the worst clause in the contract If was the worst clause because ii recognized in. the contract 6hat the services of those men Were worth buying and paying large price fer Ig was 2 recognition that but for the purchase t1e services could not have been rendered. They bred two men ta b8ek fhe treasury. I bhis government 58 going to admit tha6 f5 depends for i6s financial existence upon the banking firms, 6ae foreign and one domestic. then 5 puts itself where those peopleean charge th3a government whatever they please. E am not much of 9 inaneier, but my idea is that in- stead Of hiring those men t0lst IS alone we ought try them as they d0 any -& government and punish then for con spiring against the country.
 Yet they issued SI00. 000. GOO more. It was suggested that they were going 10 be issued at private sale, and J. Pier pon6 Morgan, who had been iHthe bond deal. where they made sueh g profit on the bonds that he refused to tell about when brought before 2 committee of in- vestigation, after stating that he did # largely becaUse of his interest in tha country. refused to tell how profitable it was to be interested in the country just at Shat time J Pierponf Morgan organized another syndicate, and t was advertised that he was going to submit bid for various parties ut about $f. O5, and bhan a circumstance arose which made ib necessary for the president to advertise for public bids. Did che Mor- gan syndicate put in 3 pablic bid for the same amount it would have Ut pri- vate sale2 No That syndicate waited until just before he time 10 open the bids. audethen their Did was put in moro than So, eco COG above the bid that they expected to have put iu # they had secured the bonds at private sale.
 Now that is business saeacfty. Of course no fnaneiar would condemn a nan who tried to get the bonds at 105 and then had to bid no end a fraction and got them. Iftbat is business sagac- itys then l believe IL Is the business of this governments 10 protect the people against such sagacious fnaneierina in- stead of turning the finances over to them.
 You may call i5 patriotism on their part if you will but 1 want that kind of a patriot to serve some other. country and not mine. If some petty individual wbo aid net have high financial standing were to try te beat the govern ment out of sI00 they would put him in the peniteutiarv and make an exam pie qat Of him. Bat # 2 man tlies to bent the government out of S5. GOO, 900. hs becomes , patriot ard deserves to be the chief guest where treasury officials are haHqueted. Ido noh believe tile man who manages the financing should be the bosem friend of the conspirators who never lose an opportunity to bleed the people.
 do not say this 10 secure the support of tlle Morgan syndicate. I know when 1 say that l put myself in the ranks of the anarchists Who is III anarchist, according to the syndicate idea? The man who believes ill tue Declaration of Independence, that all men are created equal and stand alike before che law. Who is the patriot and statesman. ae- eording to J. pierpent Morganf He who believes the masses were made with backs 10 bear the burdens and the few