The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1899-11-22
MONEY DEVIL
IN THE SADDLE.
How Mckinley Will Rule
Congress aud How Wall
Street Rules Him.


alive Richardson. Of Tennessee, is
the first ono of the four candidates
foF the democratic nomination for
speaker of the house, which carries
with it the democratic floor leader.
ship during the Fifty sixth congress,
to reach Washington and open head
quarters Mr.. Richardson says he
has received more pledges of sup.
port than any one of the other three
caudidates-Bankhead, of Alabama,
De Almond, of Missouri, and Sulzer,
of New York--snd expresses conf
denoe in his success, but the friends
of the other candidates also express
confidence of the success of their
man in this good ,patured contest for
the democratic leadership in the
house Mr. Bailey, of Texas, has
not yet reached Washington. but he
stated during the last session that he
would not again be candidate, but
would support Mr.. Bankhesd for the
honor Some are predicting that
there will be q deadlock in the
caucus and that the friends Of all the
candidates will compromise BY nomi
na,ing Mr.. Bailey again.
If there we're any doubt about
Representative Henderson having
been the administrations choice for
speaker, it would have been dissi.
pated by what has occurred since bis
arrival in Washington Almost be
fore he had removed the dust of
travel from his clothes, he called at
the White House to know whether
MI. Mckinley had any orders to
give as 10 the committee assign.
ments, aside from the packing of the
committee on banking and currency
in favor of the single gold standard
bill, which Was ordered last summer
Mr.. Henderson is going to be
Mckinley speaker, and this house,
instead of registering the will of
Gear Reed as the last one did. will
register the will of Mr. Mckinley.
In order to get control of the
senate finance committee, Of which
majority have for years been silver
men. even since the committee was
controlled by the republicans. the
gold worshippers are going to reor
gsnize the senate committee, giving
the republicans nine members in
those consisting of 13 apd 7 in. those
consisting of IL. Even then the
gold men will only have q majority
of one in the finance committee, as
Jones, of Nevada. classed az silver
republican, and Wolcott, of Colorado,
who calls himself republican bimet.
alist. can be counted on to act with
the silver men on the question of
reporting a bill to enact the single
gold standard. The four democratic
members of this committee are
Vest. of Missouri. Jones, of Arkan
sas, Daniels. of Virginia, and Chiffon,
of Texas. all stsunch silver men
Unless Mr.. Mckinley gets frighten
ed by those republicans who. although
willing to vote for Q gold standard
bill II compelled to do 90. believe it
will be bad policy to pass one on
the eve of presidential campaign,
such bill is likely to be jammed
through at this session of congress
1t will depend largely upon the
attitude taken by Mr. Mckinley 10
hie message to congress
Nothing could more clearly show
the close relations existing between
Secretary Gage aud the Wall street
speculators. and the absolute { rtrol
of this administration by the n. rey
kings. than the manner in WI n
Secretary Gage went to the resr -,
of the Wall street crowd. by pu.
chasing $25, 100000 worth of gov.
eminent bonds Not two hours be
fore the order was officially issued to
buy those bonds. Secretary Gage
aasurod n0Wenaner mon that M bonds