Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1896-07-03
FAIRRANK,s FALsEHoODs.

a Republican contemporary has the
ltcdllocd to rehash the uttemnce OF
Fairbanks. temporary chairman OF the
S.. Louis oonvecl1on, against the pres
C1t DamccaGc AIM rts:ratiOn, quoting
,hs following paragraph of that gentle
mans harrange:
BE fore the work of demolition had
actually begun a run was started upon the
treasury reserve which the Republican
party had wisely accumulated for the pro
lection of the government credit. Inc
drain upon the reserve for the redemption
OF greerhackS and treasury notes greatly
surpassed all prior experience, and empha-
siZ q the dlscredit into which the Demo-
cratic panty had fallen.
d, Gtuld be difficult fer the most con-
ulnmate PARTISAN prevaIacator TO con-
dense 50 much falsahood in assumption
snd tnauendo Is is contained in the
1ea6e paragraph. There can be no ex-
cuze for it IL ignorance, and it can be
a.I-.5usi, Therefore, only to the malig-
my Of a dishonest partisan. SOM,
weeks ago Secretary Carlisle made q
statement before a Senate committee
N,&.dl contained the following facts:
Cd Largely on account of apprehensions
ir this country and abroad as TO the ability
of the government of the United States 10
continue the current redemption of its
notes IN gold coin and maintain the parity
OF the TWO metals the exports Of gold dur
ing the lis al year which closed June 80.
1913. reached the unprecedented amount OF
SlN.6SuN4i. nearly all Of which was With
drawn from The public treasury by the pre-
SlutatiOn Of notes for redemption.
O. During lne three months next preced-
ing the 9Th day Of March, 1898, when as
sumed control of this department. the with
dr3wdlS of gold from the treasury amount
"a 10 $35.563 0g3. while the exports amount
al 10 $50 7O9. 100: and during the eight
months next succeeding that date the with
draWals amounted to IO,l9l,2i9. while the
exports amounted 10 $50. 059529-showing an
excess of Withdrawals over exports 10 the
amount OF SlO23i,960.
go These Withdrawals and shipments be
gan on a large scale in June, 1S92-the last
month of the fiscal year 1&2-and con-
tirued with only that period OF intermls-
sion until the close of the fiscal year.
Ile official facts thus presented by
Secretnry Carlisle uefute every one Of
tbs. assertions. assumptions and innuen-
does of the retailer OF partisan false
hood who presided temporarily over the
Republican National Convention. That
drain Of gold which passed al former
exper, ence" is seen TO have bean made
in HarIrs0n's administration, before the
Republicans believed that President
Cleveland would be elected for second
term. As the record shows, the drain
began "On a large scale" in June, 1892
mark the da,e-the month in which
President Harrison was nominated for
a second term, and nearly year before
he retired from office. Bat by diEgenE
exercise of the partisan weapon of false
hood, and in confident reliance upon
a feeble public memory, the disorder and
demolition" of the finances is attrib-
u5si to the retrospective action Of Dem
ocudic administration .ong in advance
Of the re-election or even Of the re-nom-
inaGon of President Cleveland! AS to
the assertions concerning the large
lizards Of surplus revenue under the Nc
Kinley tariff and the dissipation of this
splendid" surplus by Democratic adj
ministratio-. they are thus exposed by
Sdcre;ary Carlisle in his hearing before
the Senate committee:
ca During each of the months of Novem-
her and December, 1872. and January and
February. 1898. the public expenditures eN-
ceeded the receipts. the total deficiency for
the four months being $5,SI0,ji9.
Mark, again, the oates! In the clos
ing months Of President HaTrison's Adj
miniswaton the Mckinley tariff and
the Sherman Silver Purchase act were
bearing tleir fruits in dwindGng rev.
snues and n enormous drains Of gold.
The larye surplus eft by C!eye!and's
first Administration had almost disap-
peared. and Secretary Foster was shin
ing" around cOaxing the banks to ex-
change gold for currency in ordsr to
ksep the Tre3sury reserve up to its
margin Of S1cO,OOOOOO, and in preparing
al the same time fer the emission OF a
bond loan, which Secretary Carlisle, by
sdIlful management, succeeded in post
pon.ng until January, 1894.
There are many honest ard consci-
entious Republicans who cannot but
blush for shame over the extent to which
their proneness to believe the worst OF
political opponents has been practiesd
upon by pardsans Of the Fairbanks spe-
cies. They know now. at least, that
when Cleveland entered upon his second
term he was confronted with declining
revenues and with treasury well-nigh
empty, in place Of the large surplus
which he had LETT his successor.
-O-
CONGRESSIONAL CANDIDATES.