The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1899-08-11
IMPATIENT OF DELAY.
The Gold Combination ANXIOUS 10
secure Affirmative Lesisiasios
for the single standard.

an party TO daily longer III inc h"e'ei
of redeeming its promises, in return
for which such a generous campaign I
fund was provided TO purchase the
election of 1896. Hence the republican
organs are frantic in their enorts 10 |
convince their readers that the silver Is
sue is dead and that the time has at last |
arrived TO alter the laws of the country |
so that all outstanding obligations oil
the government shall be made payable
in gold alone, instead of coin OF the
standard weight and fineness OF July,
1870, as under the present law. Inder
the law, as il now stands, every dollar
OF the outstanding obligations OF the
government is payable in either gold
or silver coin at the option of the gov
eminent, except certificates issued
against either gold or silver coin III the
treasury.
President Cleveland sought 10 have
congress authorize a gold loan in 1894
and thus pave the way TO making all OF
the government obligations payable III
gold, but congress refused. 1t VIII be
remem bered that the Morgan syndicate
made a specific offer FOR gold bonds,
rendering SlG.OOO,OO0 additional for
bonds 10 be made payable in gold III
excess Of the amount offered for the
coin bonds that were issued that year.
The legislation sought will be worth
hundreds of millions To the holders OF
American securities and Will increase
the burdens of the American people on
the public and private Indebtedness
against them 10 the amount OF billions
OF dollars. This step is deemed neces-
sary by the gold combination at TINS
time because they fear the triumph of
the democratic party in 1900.
The gold combination have down to
the present time failed to secure az
firmatiye legislation in behalf Of the
gold standard in the United States.
They secured the passage of law in
1873 emitting the silver dollar from our
list of coins, cunningly substituting
trade dollar so that the term dollar
would still appear in the list and es-
cape the scrutiny of an unsuspecting
congress. Since then they have been
able TO prevent the complete remone-
tization of silver in the passage OF the
Bland act and the Sherman act and
finally to secure the repeal of all laws
providing for an increase of money
through the coinage Of silver. But all
the silver dollars that are in existence
4 are lawful money TO pay of the obliga-
/ lions of the government in all forms
\ whatever. whether in bonds, green
backs or treasury notes. Further than
this many of the most eminent lawyers
in the United States contend that the
president has the authority under the
/ Bland act To open the mints To silver
equally with gold. that that law re-
stores the law OF 1891. Therefore IL IS
that being longer unable To control the
national conventions OF both political
parties, and nominate for the presiden-
cy candidates pledged TO the gold
standard. that the gold combination is
determined to insist upon the republic
an party cnacting affirmative legisla-
ton during the coming congress TO es-
tablish the gold standard. Accompany
ing such measure. they propose to
provide for the retirement of the green
backs and treasury notes, and turn the
issue of all paper money over 10 the
banks. This measure is revolutionary
ia its character and its consequences
will be far reaching.
Many republican politicians fear the
result upon their party Of the legisla-
ton that is now imperatively demand
ed Of them. They would much prefer
TO let matters drift until after another
election. They fear to expose the party
TO the retrbution that is sure TO follow
such a breach of faith with the people,
and they are also DESTROYS of keeping
the banks and creditor interests in a
position where they will be obliged to
continue their liberal contributions 10
future republican campaign funds.
The insistent demand for affirmative
legislation by the gold trust cannot
however, be longer disregarded and an
attempt will be made to enact the legis.
lations demanded by them during the
next congress. Although the republic
ans have ma jority in both branches OF
congress. the proposed scheme OF
spoliation can he defeated by The people
If they will arouse themselves and put
forth such an cxertion as the exigencies
OF the case demand.
Congressman will not vote for meas
urcs ii they are sure in advance that
such votes will cause their own undo
ing. They will often sacrifice the in
terests of the people TO advance their
personal fortunes. but they will not
knowingly sacrifice themselves tc
placate party leaders or to promote tn,
success of the party in other sections
while they themselves suffer defeat
Politicians have their ears TO the
ground, constantly seeking TO correct
ly gauge public opinion upon all mat
tiers that they are forced TO deal with
Whenever the people are Indifferent
upon any question the peoples inter
ests will suffer. The politicians pa,
heed 20 the forces that are active and dc
not concern themselves about such a,
are likely 20 cause them no trouble
Silver knight Waterman.
The Truth.