The Red Cloud chief., 1904-10-07

w ff'Vh " -
producer OF revenue, the Democratic par
~ in Congress refused 20 amend IL 80
that 1t could produce enough revenue.
The saying, millions for defense, but
not one cent for tribute" in this case
might have been expressed. millions Of
cost TO the country in increasing dehcit
aud loss Of credit rather than one cent
OF protection to any industry In which
Democratic leaders themselves did not
happen to have some personal financial
interest, like coal and sugar
WHEN NERO PLAYED A FID-
DIE WHILE ROME BURNED HE
| SHOWED NO MORE UTTER IN.
DIFFERENCE TO THE INTERESTS
OF HIS COUNTRY THAN THE
! LEADERS OF THE DEMOCRATIC
PARTY IN CONGRESS DID IN
THAT DISTRBSSFUL YEAR 1894
WHEN THEY PLAYED PETTY
POLITICS, AND ALSO THE MAR
KET FOR SUGAR STOCK. AND
WITH BLIND INDIFFERENCE TO
A FINANCIAL SITUATION THAT
WAS ALREADY DANGEROUS.
PUSHED 10 IT'S PASSAGE A
BILL THAT IN TURN WAS TO
PUSH THE NATION TO THE VERY
VERGE OF BANKRUPTCY.
The stone Instead Of the Loaf.
The one single proffer OF relief from
the Wilson bill deficit during the entire
session Of the Fifty-third Congress, Dem
ocratic In both branches. was a bill di-
recting the treasury to coin and use the
S55,VO.OOO 'seigniorage" theoretically
acquired by the government in buying
silver at the market price and paying it
| nut in nyar.yIl Incl ailyar InIlarQ
Inis bill was II case OF offering to the
financially distressed nation a stone
when a loaf was asked for, for with the
gold reserve crumbling to pieces owing
to the creas sing desire Of persons APP
pretending n slump 30 the silver basis
to exchange paper and silver money for
gold, and owing to the entertainments OF
the government itself upon the gold re-
serve because Of the increasing deficit,
il was obviously a case of trying to sup
ply the straw to break the camel's back
to furnish this additional load Of silver
for the gold reserve to carry at a parity
with gold.
But what did the Democratic Con-
gress care il the seigniorage bill was to
further damage the credit Of the coun-
try? Never for Il moment did the Dem
ocrats care to 30 back on free trade,
even to prevent n deficit in the treas
ury, and never for a moment did they
care to 20 back on free silver. even tn
prevent the fatal consequences to the
national credit that the increasing deficit
involved.
Tn seigniorage bill. however. was for
t~unatcly vetoed by President Cleveland,
who on the silver question ut least was
right while his party was wrong. and to
whom credit Is due for refusing to con-
ccde anything to the free silver senti-
mcnt during the same period when Al
ton IL. Parker and Henry G. Davis were
both actively aiding and abetting free
silver with their money and with their
votes.
Vindictivc Treatment Of the Pros
pcrity Goose.
The Democratic party during those
four years acted as il it deliberately
sought to Kill the goose that lays the
golden egg of prosperity. 1t was a case
of give the goose a hit in the head with
n big stick, then in order TO ward of
any returning signs of animation, a more
severe hit. this time In the heart; and
then. lest there should be a few sparks
OF vitality left, a violent kick with the
foot, and then another, and then another,
And there Is nothing in the Democratic
platform this year, or in the personal
records OF the Democratic candidates,
Messrs. Parker and Davis. to suggest
that the Democratic party would no,
again attempt the killing of the prosper
ity goose il it got the chance.
The Democrats want reduction in tn,
tariff, but unless they should pursue q
1. l.a,s. A. n mali. I..
present expenditures in furtherancc Of
the honor and prosperity OF the nation
they would need every bit OF the present
= revenues from the tariff to make boil
P ends meet. However. even by pursu
ing n policy of ultra niggardliness in ex
penditures for the public good, extrav
agance in other ways, coupled with theil
tariff revision policy, would probabl,
more than neutralizc such saving an,
neccssitnte large bond issues. Why shoul,
: the intelligent voters of the Unite,
States give the Democratic party tn,
i slightest chance to allow history to re
g peat itself in another doleful chapter o
incompetence, scandal, business disaste
= and hard times for all classes OF people
e Parker and Davis belong to the sam
school as Cleveland as regards free trade
e except that Davis has been a protection
n ist when protection to himself through
high tariff on coal was involved. Blu
d as regards free silver, neither of then
s showed the moral strength that Clevs
land showed in trying to prevent tn
e prosperity OF the country from being N
Il terly crushed--for while Clevclan
e fought free silver. aud fought it hare
Parker and Davis both voted for il.
III
'e Parker and the Trusts.