The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-04
Exposing Misrepresentations.

l ne IllntS DeFSlSlS III conveying lfe
impression that Mr.. Blaine in 1873 fa-
VOred free coinage. He favored 1t sim
dollars worth Of silver into each silver
dollar. At that time silver had fallen
only per cent. below gold in bullion
value. Today 1t is 50 per cent. below
gold, and one dollars worth of silver, IL
put into a dollar, would make that dol
lar nearly as big as two of our present
silver dollars-too bulky for anything.
MIR. Blaine. If alive today. would stand
with Mckinley for the coinage of just
as much silver as could be kept by in
terconvertibilty at a parity with gold
and no more.
Another Misrepresentation of the
Times is conveyed in the assertion by it
that "after emptying the treasury of
5000, 900 surplus left by Cleveland's
first term, Secretary Foster had bonds
prepared for issuance at the close Of
the greatest good luck and assistance
of bankers for political effect. STAYED
off the bond issue. compelling Cleveland
10 do what the Republican party had
forced upon him." The untruth of this
statement is fully set forth in a dis
patch from Canton printed on the first
page of this paper. Mr.. Foster ex-
plains that he had at no time even
considered the matter of issuing bonds
to meet current expenses, having al
ways had enough money on hand" The
real purpose of partially arranging for
an issue of bonds was to carry out his
idea of increasing the gold reserve from
SlOO, ,OGO 600 to sl25 1000. 900, a suggestion
of his which was afterward overruled
The S2OO,O00,COO surplus of Clevelands
first term was accumulated under
Protective tariff and while the country
was on the gold standard. Restore
Protection and there will again be sur
Our neighbor charges $4,000, 900 de-
iict against the last years operation of
the Mckinley bill, but neglects to en-
plain. as in fairness 1t should, that that
deficit was caused because imports were
kept back in expectation of Democratic
free trade. II the country had not en-
couraged the free traders in their war
on Protection there would have been no
deficits, no panic and no mistaken cry
for 5O-cent dollars. because there would
have been an abundance of good dol
lars. just as there was before Protec-
tion was assailed.
1t keeps us busy chasing down our
Democratic contemporary misrepre-
sentations. but in the interest of JUS
tlce we intend TO defend the truth.
"
The 100000 surviving Union soldiers
of the country who draw pensions are
entitled to be paid in dollars equal to
the best.
The First National bank of Alliance.
Neb.. through its cashier r. NJ. Hamp-
ton. has notified all its farmer creditors
that owing to the apprehension of
harder times to come in case Bryan is
elected it is compelled to give notice
Of it's inability to renew outstanding
notes. We will not say that the bank
is not justified in its course. for 1t un-
doubtedly is: yet such action as It has
taken is unquestionably imprudent for
the bank. The need of the times is for
a better understanding between bank
ers and farmers, so that ill-founded
prejudice will disappear. The utiliza-
tion of the business privileges of bank
as clubs for the beating down or up OF
political candidates. or causes is
ffsky piece of daring which prudent