Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1896-02-25
TUESDAY, FEBRUARY 18th, 1896.
THE GOOD TIMES" OF 80.

We have some republicans in
this county who still claim that
times were good up to the very
hour that Cleveland was elected
and so forth, and, so on in the old
familiar song. We have refuted
these assertions time and again
but will do so once more. In
1890 while Harrison was in Office
and Congress was overwhel-
mingly republican this country
was on the ragged edge Of the
panic, that was, however delayed
for nearly three years.
In the summer of 1890 the
following part ola petition was
sent to the U. S. Senate. The
document speaks for itself. 1t
may be found in Senate Miscel-
laneous Document No. "a. 51st
Congress, Cd session. to the Un-
tied States Senate.
ITO THE SENATE OF THE UNITED
STATES:
Your memoralist, the National
Convention of the Represen-
tatives of the Commercial bodies
of the United States, respectfully
calls the attention of your hon
orable body to facts as follows:
The financial affairs of the
country are in a perilous con-
dition. Business men in all Of
the States of the Union are appre-
hensive that there will be a
panic. Citizens in general are
alarmed al the outlook. Values
of property are decreasing, Per-
sons, firms, and corporations are
daily failing whose assets are
largely in excess of their
liabilities. There is but a single
cause for all of the above con-
ditions, and that is want Of
confidence. AS a result of that
single cause, money is being
withdrawn from circulation and
the evils which are following and
are likely to continue to follow
are innumerable. There is but
a single certain remedy for such
single cause. The putting into
circulation of more money may
or may not avert the danger as
there is no limit to the amount of
money that can and will be boar
ded as long as the single cause,
want of confidence, continues.
Signed by the national conven-
tion of the representatives Of the
commercial bodies of the United
States, by it's executive com
mittee, as follows: VIM. B..
Schneppe, chairman, St. Louis;
Isaac Atwater, Minneapolis;
Herbert P. Bissell, Buffalo; Nor
timer N. Burchard, Chicago:
Richard D. Coughanour, Dallas;
J. Frank Fort, Newark: Joseph
Fahys. New York City; Henry A.
Fry, Philadelphia; Frank Gale
nnie, St. Louis; Jnstus Goebel,
Cincinnati; David Hirsch. New
York City; John J. Horner, He
lena, Ark; Rosel Weissinger,
Louisville; Anthony Ittne1, St.
Louis; John A. Lee, St: Louis;
Henry M. Minded. Milwaukee,:
Beverly K. Moore, Boston; Fred
F. Myles, New Orlans; James M
Nave, Kansas; City Peter Nichol
son, St. Louis; Ferdinand w.
Risque, St. Louis; Claiming Sea-
bury St. Paul; DaniI M. Thomas,
Columbia, Pa: Francis B. Thur.
Der, New York City.
Now why was the financial con-
dition of the country in perilous
condition in the early summer
of 1890? That it was really so
will not be doubted, when men
of such standing sign their names
to a public document stating. SO.
But why was it so?
We challenge any republican
to answer this question and space
in Willmar TRIBUNE is at liberty
for this.
It was not thefear of the demo
cratic party, for Harrison Was
president and Congress over
whelmingly republican. =
It was not fear OF tariff changes
for we were under the republican
tariff. and q repu blican congress
and Preside was theretoremedy
any thing that might be defective.
Nor was it too much silver
money, for one month after q rep
ublican congress passed and
Presidant HAffg,iispr, signed . bill
dodbl fhg tIa puir:ic ah a1b ii silver.