New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-05-19
PRICE THREE CENTS.
A PANIC TO BEAT MKINLEY.
LATEST PLOT AGAINST HIN.
INDIGNANT COMMENT ON THE RE-
PORTED SCHEME OF THE
OPPOSITION

SUGGESTION OF AN ATTEMPT TO STIR Up
FINANCIAL DISTURBANCE IN ORDER TO PRE-
VENT THE NOMINATION OF TIE OHIO MAN
CREATES DISGUST AMONG DEMO-
Gratis AS WELL AS REPUBLICANS.
Widespread comment In this city. expressing
amazement. amusement. disgust or Indignation.
was provoked by the leading news article In The
New-York Herald" OF yesterday headed Panic
Needed to Beat Mckinley" wherein the writer
asserted the authority Of friends Of T. c. Plat
and Senator Quay that the fight OF the Republi
can bosses TO defeat Major Mckinley would be
carried on in this city this week more fercely
than before. Apparently the writer had been let
into a secret as to the plans OF the Republican
schemers at the Fifth Avenue Hotel and else
where for he wrote that the financial record OF
Major Mckinley is to be attacked vigorously. ano
"it is hoped the active antagonsm OF prominent
Republican bankers and large investors will be
enlisted"
1t was not explained II any aid in ensting an
tagonlsm would be g yen by the security company
of which son OF T C. Platt is the managing di
rector In this city apparently for the purpose oi
deriving a revenue by furnishing bonds TO liquor
dealers who think they may want political infu-
ence some day. and there was hardly any prepara-
ton for the following shocking announcement:
The opposition believe that such disturbance
can be created In financial circles the uncer-
tanty as to what would follow McKinleys elec-
| ton TO a panic. The alarm of business
interests is what the opposition are now counting
on to beat Mckinley. If stocks would take great
slump the anti-Mckiney men believe that
would drive sound-money delegates away from
him or force him to make declaration. This Is
what they want II they can get the Ohlo man 10
declare himself for sound money they hope to see
him lose the silver delegates. and the silver men
| de1 m n
financial slump" Mckinley remains silent. the
opposition hope to beat him.
Having made plain the object Of the villanous
plot to bring about panic in this city. the writer
returned 10 the mention OF the bankers who may
be expected TO join in the scheme of creating the
panic:
The anti-McKiney forces, II was said. have as
surances that this week 100 officers OF financial
institutions will publish demand that Mckinley
shall define his position on the money question
This will accentuate Piatts contention. The
Platt men were talking hopefully OF a panic last
night
Bankers. brokers and other business men Of the
city were affected In various ways by the an.
nouncement Of the foul conspiracy TO cause Q
panic in order to beat Major Mckinley. Many
were inclined 10 make sport OF the Infamous plot
Some went far to declare that the only panic
In sight the panic into which T. G. Platt an6
| other Republican bosses had been thrown by the
advance Of the Mckinley wave. Others who read
the article and remembered that there had been .
number Of recent apparently inspired attacks
upon Major Mckinley In various newspapers. ex-
pressed their indignation warmly.
c. ~ BLISS'S INDIGNATION.
Cornelius NJ Bliss. when seen by Tribune
reporter in the Office OF Bliss Fabyan & Co..
| in Duane-st. expressed his opinion OF the article
in The Herald" in an emphatic way He said:
THE heading and text Of this article. taken
| together indicate the most atrocious attack on
public man undertaken by NewYork
| newspaper. Whether the people are In favor Of
Mr.. Mckinley not, the suggestion that those
! opposed TO him will endeavor to engineer q
money panic in the city of NewYork. In order
| TO defeat him. is an outrage. Mr.. Mckinley 10
! known TO all men an honorable and upright
gentleman He has the support OF the great
mass OF the Republican party, and the leaders
who may dare to try to defeat his nomination
| for the Presidency IN the way Indicated In this
! article certainly VIII he sent down to oblivion.
| All Of the candidates TO be proposed TO the
| Republican NatiCral Convention stand on pre-
| csey the same ground In regard to the ques-
| ton of hard money. They are all safe men.
| but II is a matter OF astonishment that rea-
sonable men In this town should allow them
selves to be affected by the attacks made on
Mr. Mckinley in regard to his position on the
money question.
while the position Of Mr.. Mckinley, as I
have already said, is precisely the same as that
Of the other candidates for the Republican
nomination, none OF them has felt called upon
to prepare in advance platform for the Re-
publican Convention. which is 10 represent the
party OF the whole United States. Whoever 10
nominated. and I believe Mr.. Mckinley will be
| the man. must stand on the platform made oy
the convention. There can be no doubt in the
minds of the people who are familiar with the
opinions Of the majority of the delegates that
the convention will issue d ringing address on
the policy OF protection and also on the money
question, an address which. no doubt. will be
| satisfactory TO the Republicans Of the coun-
try whether or not II Is satisfactory TO the
Republican machine OF New-York City. the free
trade press and the so-called Reform Club.
Mr.. Bliss was forced to give his attention
TO some pressing business. but he said. IN
questioning way: Curious combination that.
isn't 1t? Platt. Godkin and the free-trade. So
called Reform Club" He was still smiling at
mental picture OF the ant-McKinley combina-
| ton as he plunged into a mass OF business cor
respondence.
GENERAL TRAcY's PREDICTION
There were bets offered IN the drygoods dis'
trct In the afternoon. with no takers, that there
would be no money panic In this city on account
OF Major Mckinley's financial views. Late Ia
the day there was talk that Platts mental panic
might be expected TO increase on account OF q
special dIepatch TO THE Mail and Express from
Binghamton ~ Y. According to the d'spatcn'
General Benjamin F. Tracy. ex-Secretary OF the
Navy. was talking with John Barry. prominent
Republican anl old friend at the railroad sta-
| tion In Blnghamton.
why" said General Tracy. there is no power
| under Heaven which can stop Mckinley oeins
| nominated" He then went on 10 say how the