Iron County register., 1898-04-28

circulation In answering this letter Mr..
Jefferson wrote to Hamilton as follows:
I concur with you that the unit must
| stand on both metals
Against Banks of Issue.
| Jefferson was opposed to the funding
| and other financial schemes of Mr. Ham
| nton because they would load the coun-
| try with unnecessary burdens and ap-
/ peared to be in the interest of stock job
| bers and spectators. He abhorred bank
! of issue as being destructive of the well
| fare of the country and especially did he
| oppose the creation of a United States
bank. In a letter to Adams, in 1914, he
said: have ever been an enemy of banks,
not Of those discounting for cash. but OF
those foistfng their own paper into cir
culation. My zeal against those institu-
tions was so warm and open at the estab-
| lishment of the Bank of the United States
that / was derided as a maniac by the
tribe of bank mongers who were seek
ing to filch from the public their swindling
and barren gains. The evils they have en-
gendered are now upon US and the ques-
ton is how we are to get out of them
"At this time the American people be-
came divided into two parties; one called
federalists were headed by Hamilton and
were strongly in favor of American inde-
pendence, but did not comprehend or un-
derstand democratic government, or dem
ocratic principles. They believed in fol-
lowing the example of European govern
rnents; they believed in the government
by wealth tfnctured by corruption, and
with them the revolution simply meant
the overthrow of the foreign aristocracy
and ruling force and the substitution of
a home aristocracy and ruling force, and
they had the impudence to denounce JEFF
ferson as demagogue. They believed in
having goVernmen ent control nearly all OF
The affairs of the citizens. Under their
theory the citizens existed by permission
of the government
Pounds the Democracy.
"The other party consisted of the demo-
Gratis, then called republicans, headed by
Jefferson, and believed in a system of gov
ernment that should interfere as little as
possible with the affairs of the private
Individual; they believed that all power
rested in the people; that instead of the
people existing by permission of the gov
ernment the government was the creation
and the agent of the people. They were
bitterly opposed to anything like ruling
aristocracy or governing class. They be-
lieved that mankind were capable OF self
government and that the highest develop
ment of man could only be attained in free
institutions.
when Washington retired from the
presidency he was succeeded by John Ad-
ans, a federalist of the narrowest type.
During his administration the principles Of
the federalistic party began to take form.
The whole tendency was against the
masses of the people and in favor OF the
central power. The Infamous alien and Sc
dition laws were passed during this admin
istration. Frightful strides were made to-
ward strangling the spirit Of democratic
institutions and establishing in their stead
the aristocratic principle. Had this policy
become permanent the whole career of the
new republic would have been different,
the oppressed and the liberty-loving OF all
lands would never have sought our shores.
Elected as President.
But the people of the young republic had
not thrown off a British yoke simply to
wear a more odious home yoke, and in
1900 they rallied under the leadership of
Jefferson and overthrew the odious ad-
ministration of Adams and the unrepub-
Hcan policy of the federalists. Jefferson
was elected president and the Objectionable
legislation of the prior administration was
wiped out at once, the whole policy or the
government was reversed, the face of the
nation was turned toward the morning.
Liberty and progress, humanity and JUS
tice became the watchwords and they
brought to us the best muscle and brain
of the world. The spirit of man, being thus
unclaimed and encouraged in it's asp3ra-
tions and efforts, leaped forward and gave
the republic a career that was without
parallel in all history.
"Jefferson's far-seeing eye perceived the
advantages of extending our domain, and
under what was known as the Louisiana
purchase we acquired that vast territory
lying west of the Mississippi and stretch
ing from New Orleans northwest to the
Pacific ocean. This was fercely opposed
by the federalists But it at once changed
our character. Instead Of being republic
on the Atlantic coast of North America
we became the great American republic.
It was during the eight years OF Jener-
sons administration that the foundations
of our greatness were laid and that our
destiny was shaped. The great mass Of
men who do the worlds work, who love
freedom and hate oppression, who love JUS
tice and despise hypocrisy, had been ce-
mented together The great democratic
party was foundd. That party guided the
republic for "a years, Jefferson being sue
ceeded by Madison and he being followed
by Monroe. The Monroe doctrine that we
hear much of in recent years was first
officially promulgated to the world by
President Monroe, who was a pupil and
disciple of Jefferson.
Retires StiII Poor.
''My friends, find principle of govern
ment that has helped to make us dis
ttnctive and great and you will find 1t
was of democratic and Jeffersonian par
entage. Glancing at this quarter of
century during which the breath of JEFF
ferson was animating tile nation, we find
that none of these great men INDUCED in
political huckstering or trading. They
stood for definite principles and resolutely
carried them out Office came to them in
cidentally, there was no deception of con-
stituents, no false promises made before
election and broken afterward, no efforts
to mislead and no betrayal. Jefferson en-
tered public life wealthy, and served his
country faithfully. He retired from the
presidency poor and died in poverty. In
the light of more recent events | am i'm
PEELED to declare: Thank God, this great
man retired from office poor. There was
nothing to sully his character, nothing to
dim the luster of his star.
CleveIand's Political Career.
Mr.. Altgeld then spoke of the first ex-
perience Cleveland had in politics, and
said that he betrayed his benefactor in
order to obtain the nomination for dis
trict attorney. When he was elected
paJor of Buffalo he befriended all cor
porations under whose influence he had
fallen and fought all others. He was
elector governor of New York on ac-
count of a split in the republican party.
He was nominated for president in 1884
as the agent of the monopolies and
trusts of the country.
Mr.. Altgeld severely characterized
Mr.. Cleveland's first administration and
said that it was all in favor of trusts
and monopolies.
In 1892 Altgeld said that Cleveland
again came to the front through the
influence of trusts and was severe oD
his actions during that administration.
Cleveland was the enemy of labor. Alt
geld said, and mentioned his action in
the strike of 1894, and his use of the
federal troops in objurgative terms.
T1,av1 1a Of ka1 1n1, he