The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1897-08-18
Sfartling Dic!osuras.

Startl!ng Dic!osurss-
Now that Mr. Mckinley is tie Pres
ident, We SHALL have an opportunity
to ascertain whether he IS merely the
nominal president and under the guild
arce Of the Bankers Committee on
Wall stree. as was tie case with the
retiring president. Also is there op-
por:uni;y already fer some ccmpari-
sons On the surface, Wall street is
disgruntlsd at the Presidents utter
ances, especially regarding bimetal-
ism. TIE appointment OF Mr.. Gage
to the Treasury was disappointing to
these who sincerely believed that Nc
Kinley would do as he has done, sd-
here, so far, to the declarations OF the
platform on which he was elected,
that az effort should be made form
terna:ional aersemeEt. kroWlrg
Cages entire subserviency to keep to
the gold power, the general members
of the party do not know what to ex-
psct. The real binetallists were
snubbed by Cages appointment, and
Gage supporters are worse than snubb'
ed by McKinley's pledge to make the
international effort. Meanwhile, as
a matter Of fact, Mr.. Gage will 60 on
with the administration OF the De-
partment, in the same line OF policy
as did Mr.. Carlisle.
The Minneapolis Evening Press
says: "In February, 1898, an official
of a Western national bank, in high
standing in the councils OF the Repuo'
lican party OF his State, made nusi'
less trip to New York, remaining
about three weeks. BE made his
headquarters during his stay at the
Offices OF bis correspondent bank,
which was and is a member OF the
famous Bankers Committee. He had
arranged fer loan of large amount
OF money, when the president asked
to what use he intended to put the
money. TIE Western Republican
bank president stated that ne should
at once pay a prior mortgage upon q
very valuable farm IN the West, upon
which his bank held a subsequent en-
cum brance. To this statement the
New York bank president instantly
replied:
DO not pay this mortgage. Do
not put any money in real estate.
Get all your property into money.
Am glad you told me aboutthis-why
we have just elected Mr.. Cleveland
uron the distinct understanding with
US, that he Will repeal the Sherman
! law and appoint secretary OF the
treasury who will redeem al: green
| backs ard treasury notes IN gold
such action will enable US to issue
two or three sets Of bonds within as
| many years, and the effects upon tie
value Of western farm lands will oe tel
rife, cutting their values in two.
| No, do not think Of paying this mort
| gage. Lst them foreclose and buy it
| back after two years for less than the
| face Of the mortgage"
And upon another occasion during
F.! this visit, this New York bank rresi-
/ dent, while engaged in conversation
with The Western banker, asked to be
excused, stating that he must attend a
committee meeting that afternoon.
1--WE are formulating Mr.. Cleve-
| lands message to Congress.
He also at this tins advised the
! Westerner that the Sherman law
F: would &c Immediately repealed when
Mr. Cleveland was irstalledl Can it
be possible that this same bankers
! presidential syndicate through Marcus
j Hanna will coGrrol he next admins
tratior2 IS for taiS purpose tnat
Mr.. Hanna has hesn appcjrtsd Sena-
ter. thst he nay he rc&r he throne2
The last aGuiuis'ratiur starsFd OUT
with one ides, ms tga: the D-tscGeme
Of the bankers cGnr.it,ss-to Wit:
The repeal Of the S5etc,au law when
tee Republican orators throughout tne
nation had Just been Iau2iog on the
stump. The subsidized press 3enounc-
! ed the Sherm an law as cid rs author
and the man whose name It bore
Secret circulars we're sent = eli hs
t;onaI banks direciin9aG Gsnsrai crusaee
against the iaw. VIII tie Eex; Sc nlln
lstration start out with ore idea. aun
that the pet scheme OF The 8Ankers
Committee. 10 wit:-Tc retire the
ereenbacks aud yield to the commit
;ee's absolute cmtrol OF orr clrc tlas-
jog maGium2 AL the leaaiaG osaS
ers together with this sam rr5ss are
rnft.d in tie demand that The greed
54css be retired AID ''.;'e Govern,
m=nt 60 out Of the 5a: k;1G blslnesS
President Mckinley CO.'S net assure
the country of this point. rs *
rressinns s-a vsGua and laoeholte
jn ..cur,e1ev revision" aad govern
rent sapervisions," mpca Or little
may be meaat. Uacer then mu:h or
nothing may bs done.