The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1904-10-01
ST. PAUL AND MINNEAPOLIS MINI. OCTOBER


producer of revenue, the Democratic par
! ty in Congress refused to amend it so
| that it could produce enough revenue.
| The saying, Millions for defense, but
Mt one cent for tribute" in this case
| might have been expressed, millions of
cost TO the country in increasing deficit
| and 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 F1D-
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 DISTREssFUL YEAR 1894
WHEN THEY PLAYED PETTY
POLITICS, AND ALSO THE MAX Ak
KET FOR SUGAR STOCK, AND
WITH BLIND INDIFFERENCE TO
A FINANCIAL SITUATION THAT
MAS, ALREADY DANGEROUS,
PUSHIsD no, ITS 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 bill di-
| recting the treasury to coin and use the
! $50, 100000 "seigniorage" theoretically
| acquired by the government sin buying
| silver at the market price and paying 1t
! out in over-valued silver dollars.
This bill was a case Of offering to the
| financially distressed nation stone
| when a loaf was asked for, for with the
| gold reserve crumbling to pieces owing
to the increasing desire Of persons APP
pretending slump to the silver basis
! to exchange paper and silver money for
gold, and owing to the encroachments of
! the government itself upon the gold re-
| serve because of the increasing deficit,
it was obviously a case of trying to sup
| ply the straw to break the camers back
to furnish this additional load Of silver
| for the gold reserve to carry at parity
with gold.
But what did the Democratic Con-
gress care if the seigniorage bill was to
further damage the credit of the coun-
!
ocrats care to 60. back on free trade.
even to prevent a deficit in the treas
ury. and never for moment did they
care to 60 back on free silver, even to
prevent the fatal consequences to the
| national credit that the increasing deficit
involved.
The scigniorage bill, however, was for
tunately vetoed by President Cleveland,
who on the silver question at least was
right while his party was wrong, and to
whom credit is due for refusing to con-
cede anything to the free silver senti-
ment during the same period when Al
ton B. Parker and Henry G. Davis were
both actively aiding and abetting free
! silver with their money and with their
votes 49,. vs-=r--,:
vindiceixe r Tres s.nu.iit OF The r<os-
perity Goose. ~
! The Democratic party during those
four years acted as if it deliberately
sought to kill the goose that lays the
golden egg of prosperity. 1t was case
Of give the goose a hit in the head with
Il big stick, then in order to ward off
any returning signs Of animation, 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 not
again attempt the killing Of the prosper
ity goose if it got the chance.
| The Democrats want reduction in the
tariff, but unless they should pursue IA
niggardly, drastic policy of cutting down
present expenditures in furtherance Of
the honor and prosperity Of the nation.
they would need every bit of the present
revenues from the tariff to make both
ends meet. However, even by pursu-
ing policy of ultra niggardliness in ex-
penditures for the public good. extrav-
agance in other ways, coupled with their
tariff revision policy, would probably
necessitate large bond issues. Why should
the intelligent voters Of the United
States give the Democratic party the
slightest chance to allow history to re-
! peat itself in another doleful chapter Of
incompetence, scandal, business disaster
and hard times for all classes of people
| H1rkef ana DaVlS DelOnS TO the same
school as Cleveland as regards free trade,
except that Davis has been a protection
list when protection to himself through; a
high tariff on coal was involved. But
as regards free silver, neither Of them
showed the moral strength that Cleve-
land showed in trying to prevent, the
prosperity of the country from being ut,
terly crushed--for while Cleveland
fought free silver, and fought it hard.
Parker and Davis both voted for it. :