The times. [volume] (Washington [D.C.]) 1897-1901, 1900-01-30
CIRCULATION SETTLEMENT.
TUESDAY, JANUARY 80. 1900.
The palIticnIPr

The scorn with which Senator Hanna Is
said TO regard Mr.. Cages blunder, in al
lowing that dynamite Hepburn letter TO
get out, is rather amusing when one re-
fleets that the Republican boss has made
an even greater political mistake and one
quite as dangerous to the future of his
party. The impending sacrifice of Gage.
and the necessary and inevitable repudts-
ton of his deals with the Standard OIL
Trust may be fairly counted upon by the
Administration to remove from it at least
some OF the odium of the Standard OIL
bank and custom house transactions. But
nothing can save ii from the consequences
of the obnoxious and nefarious measures
of currency juggling which Mr.. Hanna and
his contributory Wall Street clique have
been and are endeayoring to push through
Congress.
The menace of this money trust move
ment to the political fortunes of Mr.. Nc
Kinley and the ideas and policies he rep
resents is entirely obvious TO thinking
Republicans. Even the doctrinaires of the
organization who are honestly deluded
with the belief that the single gold stan
dard would furnish money of redemption
sufficient in quantity to make exchanges.
preserve the equilibrium of prices, and
the equities between debtors and credit
ors, are distinctly alarmed at scheme
which would in effect wipe out the idea of
a metallic currency and place the country
on a single basis OF bankers credits. The
more intelligent among Republican jour
mails are beginning to warn the party
managers that the scheme to impound the
greenbacks. thus contracting the circu-
lating medium, three hundred md forty
six millions of dollars to start with, and
to retire the silver certificates and silver
coinage by redeeming 1t in gold. thus
forcing another contraction Of five hun
dred millions of dollars, will ALLEVIATE the
greenback. bimetallist and anti-money-
trust Republicans Of the Central West,
aud certainly cost half million votes
AT the next election.
There is substantial sense in these warn
ings. ana there is not particle of doubt
that they would have to be needed we're it
not for the painful truth that the Demo-
cratic leaders in Congress, By swimming
ia the muddy wake of Filipino bolo men
like Wellington. Pettigrew, Hale. Mason,
and Hoar. are making votes for the Re-
publican candidate of 1900 faster than the
alarming scandals of Treasury mismanage-
ment. or worse, and the open conspiracy
OF Republican leaders with the money trust
to corner the circulating medium can
possibly drive an equal number away.
But for this We should regard the Admin
istrstion policy and proposed legislation
probably fatal to its hopes next autumn,
to contemplate with anything but the most
cheerful satisfaction. But when We are
forced TO observe the present 1ourishing
condition of the Democratic Mckinley
Second Term Walkover Club. in the Sem
ate and elsewhere, and its apparent de-
termination to corral the patriotism of
the country within the enemy's camp,
even such chance as is presented in the
intended crime of the Republicans against
the money of the people does not appear
at all hopeful. As long as the bolo men
continue to give Mr.. Mckinley an excuse
for waving the flag they seem anxious TO
tear down and trample on, the great bulk
OF the American people will rally around
{; and around him. Anti-expansion, anti
Americanism, and domestic Filipinoism
will result in an awful Democratic
butchers bill in November, If they are not
speedily denounced and sternly suppressed.