Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1897-07-22
CURRENCY REFORM.
,UnfuIfIIed Promises of President
Mckinley.

The presidential horn-tooter who
announced several days ago that
currency reform plan was to spring in
stanter from the head of Jove is ex-
planning now why the spring has not
been made. The president, it seems,
does not lack courage, he is going to
show this abundantly some time or 9TH
err, but he doubts. "The whole prob
lem of the present moment is one of
expediency, looking to the future"
To enforce the doctrine of expediency
there are protests from the republic
ans in congress, one-haf of whom are
opposed to the issuance of currency
message.
It appears, moreover, that "the prob
lem of the present moment" is "look-
ing to the future" with such an intent
gaze that the strain on the eye is terrific.
1t discerns that something is to be
done, but is inclined to think that it
will be nothing startling. Next win
ter the administration bill will be pre-
scented, but, saith the tooter:
Mr.. Mckinley may not be radical enough
on this question to please the extremists,
and the administration bill will not be
radical or violent measure. But it will be
sound and adequate, and will have the bet
ter chance for success If 1t is framed on
conservative lines"
Translated out of the language of
cant and hypocrisy, all this seems to
mean that Old Resolute, the abundant
~ courageous, is pursuing the same
palicy now that he pursued before his
nomination. 1t will be remembered
that he was a silver man when silver
was dominant. He was a follower of
Bland and an advocate of the Sherman
law. During the debate over the repeal
of that law he attacked President Cleye-
land, the pre-eminent champion of re-
peal, because he was an enemy of the
white metal, and because the y hite
metal was supposed to be good politics.
Later still, when the Ohio convention
met in the spring of 1896, Mr. Mckinley
continued to speculate on the political
value of silver. The convention adopt
ed the worst currency plank of the
year, an ambiguous fiddle-faddle that
was intended to catch 'em a-coming
and a-goiug." But severe pressure
from the east prevented compromise
at ST. Louis Gold was in the ascend
ant and Old Resolute became gold
man.
Since the election there has been
reaction, and the president responds,
quick as mercury, to the new atmos-
pheric conditions. He is thinking of
the elections next fall and the year
after. He withholds his message now
because he is sparring for time. Next
winter he will do his level best to pro-
mote some sort of a compromise He
will not please the extremists" Does
this mean that he will revert 20 the
position of the Ohio platform? Does
it mean that the republican party is
to get back to the plan of half-meas-
ures and vague promises under his
bold leadership ?-Chicag journal.
While Secretary Gage still insists
| that prosperity is advancing and the
! parrni press over the country s.ehnr~
| the CRY, manufacturers ale CLOSING
| down or reducing wages, ard the num-
| Der of unemployed increases. Secre-
tary Gage may be great seer. nut
he has evidently been using magnify
ing glass.-Peoria journal.
The Mckinley bill was passed to
reduce revenue by so increasing the
taxes as to prohibit import trade. The
existing deficit began with the Mekin-
ley bill. and the DingIey bill as amend
ed By the senate is six per cent. worse
IN. Y. World.