Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1899-12-14
.Thaissue Is Here.

his snnanl message, the longest,
aud in mary respects, ore of the
most important evs submitted 10
the American congress, covering
more subjects aud of more impor-
lance to the people than my one
ever befnr submitted fn- go sid
GRAFTON.
He recon l., with III; any
reservation, the establishment Il
the single gold standard, aud to
make it the more oppressive on
the people, he recommends the
passage of law by congress to
give the treasurer, at his discreet
ION, 10 cell q. S. Gold Bonds, the
sale of. which to supply gold to
. meet tho demands of the Bond
iularre!s, This Ia a dangerous and
questionable power to confer upon
any one man, 10 difference as to
party sssociation. With power to
sell bapds at will, leaves the door
to the treasury too wide open for
safety and offers too great induce
lnents for unlawful speculation,
and under such authority, it the
treasurer fails to become rich he
would be a remarkable man. We
remember the great and good Gro
YER was not exempt from suspicion
of negotiating bonds by which he
saved for himself several millione
of dollars, be this ss it may, it ia
not wise to offer premium TO,
dishonesty, or temptation to ACT
in the interest of self while in the
service Of Uncle Sam.
He also recommends chang il
the banking law vhrrpby a Nation
al Bank may be organized on I
capital of $4,000, founded upol
thu deposit of that amount of CAV
eminent bonds. This would Civ,
such bank the interest upon th'
bonds, and he recommends Law
authorizing the Comptroller to issa
Ito such bank in national currenc,
the full amount of the bonds de
posted, thus giving to the rich
double interest. Iowa only allow
her citizens to charge eight pc
cent interest, but the President
in favor of allowinga bank inter
est on it's security deposited, bu
also on the issue received on tn
depoaif, thus giving double inter
ist, provided you are worth nc
less than twenty-five thousan
dollsrsl i;
With abigh protective tariff. tb
gold standard double interest o
national bonds, and treasure
: with submitted power in sale Q
boada The rich ought to be abl
worry along tolerably if the win
ter isn't too long and hard.
With a large standing army, tn
administration in the hand of tn
money power, the President fl
vorirg trusts and combines, Cor
/ gress in the hands of a Caucu
that vote for any and all measure
having the majority stamp upo
it without regard to its utility q
general good, while the rights {
! the people are not considered b
: the party in power. 'The peopl
be id" was the language of OF
of the leaders, and where shall W
look for Legislation that will &C
!, vance common good of our cour
try. Nations like individuals hay
D their birth, life and decline. Hay
we, as nation, reached our q
i, NTH? Shall this glorious land {
Washington fall by the hand {
3, it's protested friends? The tim
d is not ar distant when this coul
d try will be divided into classes
d rich and poor capital and labo
g the laws for the protection of II
,e rich made strong, while labor lie
r to take care of itself.
. Congress, under the party viii
may expell Robe rts and seat Qua
may condemn legalized polieam
.. but wink at dual homes in Was1
j. iugton. nst7us hope for the be-
=, ,e but prepare for the worst.
ie :.o'' 1~.e i d. NJ. 81.
* ~. 80