The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-09-06
RAIDS ON THE TREASURY.
Pertinent Points BY Hon. 6. Fred
Williams.
No CONTEST WITH HONEST CAPITAL.
Patriotism Of j. Pierpont Morgan and
the Belmon,r Has Decidedly
Bad Oder. 80

more To think and talk about than tina
lake N-cent dollar and threadbate Joke:
on 10 TO /. No wonder that BOSS Hanna
mas gon. TO New England 10 see If Maine
ana Vermont will get away FROM Mckin.
ley.
~ large meeting IN Brdintree, MASS
saturday night, Mr.. Williams said.
w e have no contest with clpitll-the
honest capital thar l. engaged Ia honest
industry. We have no contest With tn.
manufactures now IN any branch ct irlde
IVr NJ should be our friend. 1t Is the
power that holds the mdnut icturer In iis
STlI ana can make OF unmako Em by
mining or unmaNlng his tr.dt that ".
A. }iiuNiHS To-Day; aid We l.tlp 80 20 IL, .
U"t "hS lht workman, not only tnc
i'Ilnp, put the manufacturer and tho
leaders ~ honest tn! true industry from
thc grasp OF Il ty9tnt power hat has
lhdur ~" wor Il ; iiter bsf9.c, that mas
mace wars. and caused blood 10 ilpw that
is hcirtloss aud tyrnnnical from The he
Hhins OF history down TO the present
| I'm" tApllanse.J
'Nisht before last at Worcester called
attention 10 the fact tha, Nj. Belmont,
me representative OF the mouse of Ro,hs-
| 'hius IN London was called upon to pre-
side at meeting Of tho sound money
democrats. as they call themselves Mr.
hrihoht-Mr. Perry belmont has now
addressed ettcr to The Hostun press
lying nat ne IS not a member OF The
ifm OF August Belmont n co.. but THAI
| hls brother is. Now, so far a. | repre-
sented him, Mr.. Ferry belmont as tho
agent OF the kothschilds. cheerfully ac-
| cept tbs correction.
II never have seen the. partnership
articles of August Beluon; & Go. 1 have
Understood always that Mr. Perry Boil
/ mont vas largely Interested n that firm
! tliat ms fortune cane from thnt source
| ana VIM" he is a lawyer by profession,
, ao net think l have gone Jar astral In
| noidlnc MIN up as fair representative
"i mat house tArplause and voice, i
Rs mere error of that kind do MT
propose 20 be diverted from tao point of
my argument. whi,h was that mat So
'di''i sound nCnEy gathering shows a
representative of tina house of a powerful
rm thai represented the Rolnscnid. Of
London to anoc1r as the pres ding officer
Of that meeting. and know what you
KNOW, mat ne was selected because his
1alne took with 1t the power OF That great
banking house OF August belmont x Go.
tApplausa)
PATRIOTISM OF THE HOUSE OF
MORGAN
But it is lmmaterial. as he takes the
burden upon himself of answering my
criticism. and says: But ] fan to Sc,
any reason why a banker who has rem
dered signal service to hts country as !
Mr.. ficrpont Morgan and my brother uu- !
d"nbtedly did, Is not perfectly qualified
10 preside over or participate ia tho pro- |
ceedlnss of political meaunss 1 do not |
question IT, and do not question but that |
those Two gentlemen were better repre- |
seh'aiives OF William Mcknley's canvass
IMAM any other Two gentlemen in the |
idted states of America. (Applause.)
Idirolism The patriotism OF j. Pier |
pont Morgan aud the house OF belmont, !
!, Would lke to ind written in the annals
ut tu,s country u recorded Instance where |
money brokers like these intu have ever
H ,,I PATRIOTIC act N.oud appfausc)
Mir. ilrlp"ut Morgan aud Ir. belmont is |
We Ieprr9 natives OF the Eothsch.llsA
afe not ~ the business of patriotism IN |
'hi; republic Qiemswed applause)
,n, '% %ts, US iook back u hlile and tnd out
we ne Hlst"ry OF these patriots. and IL my
60 90, Mere csnecrred N Tie transactions
during the VAR Let rs see how the Wal |
Tree brokCrs showed their patriottttn
Wheh INC 3ood of Rrantree was flowing |
&c punuS OF ours VAS almost IN the throcs |
an rW VI 4, Mr Thaddcus stevens intro
came known ~ the legal tender act he. !
,nencd his argument with these words |
~, ~ 'nss WIS w 1862 when the great ques-, !
or, nro,ng,t up by the failure OF gold to do Ms
S d,,c. that sroS, statesman. which l intro
10 u'Iray the EXPENSES of the governtrcnf
~ oInccd howl among the money
. G. anstrs as hldeous as that set forth hl,
q cir cousins when they we're kicked" o ny
OF the temple, Enthus.asstic applause I"-
,,., mat was tho experience Of the man
country from its fnamo!ai 10 rssISs this
and when further on the legal tend Xii
l,au rassed the house and had gone to the
'Su g amGndment which came from Val
street Thaddeus Stevens delivered III r'i
Nn, ,nl again on tho subject OF the money
i, Whom the hill went to the senate thor.
of H., tuN!S,.n mat the legal tender notes
for ali S cio,,,,s should he receivable
I, nlted states of any kind whatevcr WIZ
u reanne9 me senate The words were added
whicb shsu mh,eresi on bonds ana notes,
SueNehs. n protesting against this amend.
''mJ,nt' Gailed attent-n TO the great do
hold the original bin and then WIT 1r
wan these words; 1t 4" true. there wos
dnlf,irni SOUND came up from the caveras
~ milton, lr1k rs and the salons of the
teaociated banks. Their cashiers and ,
's'n wore soon on the ground ana nor |
'uadod the senate with hut little dc,ihnra-
ion 10 mpuglc aud destroy what g. ~
,Us' ~ h"1sr months 10 digest, consider
'ni pas Instead of being beucncsnt
lN9'y tniscmeNous. 1t now creates morcy !
una by its very terms declares II n fcnrc !
Intcd currency II makes two cla,scs of !
noaoN one Tor tho bankers P.nd hroi5cra ,
M arothtr for the pn0nle ii dis,r.r,i ! !
atss h' tween the right " different classes ,
{ creditors. allowing the rich camtalist 10 l
l1mend gold and competing the orlluarv a
tndcT OF money on nAViiual Tccuri ~ 10 {
'Nr'lNc notes which the government had a
'urpnselN discrciit.d' 1
ARA at the same time Mr.. Stevens Of 4
Htod an dmondm"u- that the army and 4
inNN he PAID In specie Just as the bond. i
ioiterS interest was - he paid. and shat d
men mcnt wno voted bv an ovc~whelri- G
Nc vote. Two years aftc. that time. in a
NOR crliirrl period of the war when n
he fatr Of olr Republic hung in tho hal I
nee, Hugh McCulloch. comptroller OF the I
urrcncy, u1ci these words Hostility To | -
he government has been rs decidedly I
manifest IN the efforts that have been
nahe IN TN" commercial II tr5rol,s Of the
\all1n TO lcprcciatH tho currency as IL :
'as neon BY the cnomv in the hcli'
And William FNtt rcssrYien. the sec
"iaiN of th" treasury AZ the same tpn I
aIed attcnt 10 the unpatriotic an d
+ m nal encrt" 81 snecukators. regardless
II the injury inflicted upon the coultry, t. "
A'se the price OF coin. such ~ the history :
{ our coun'N'S oNnHricncc during these %
lsnstriouS daNs Of the war y
And now We are called upan AZ an +
thor critical stage In our countrv's his "
DRY TO- praise the PATRIOTISM Of j. Pier