CanÌƒon City record. [volume] (CanÌƒon City, Colo.) 1883-192?, 1904-10-06

Wilson law was a stupendous failure as
producer of revenue, the Democratic par
ty in Congress refused to amend 1t so
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 increa sing 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 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 DISTRESSFUL 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 TO ITS PASSAGE A
BILL THAT IN TURN WAS TO
PUSH THE NATION TO THE VERY
VERGE OF BANKRUPTCY.
me Ftouc luntcad OF the A<oats
The one single proffer of relief from
the Wilson hill 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
S55.0Oo.OOo "seisniorage' theoretically
acquired by the government in buying
silver at the market price and paying it
out in over-valued silver dollars.
This bill was ease OF offering to the
financially distressed nation a stone
when a loaf was asked for, FOR with the
gold reserve crumbiing to pieces owing
TO the increas sing desire of persons ap-
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.
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 q parity
with gold
But what did the Democratic Con-
gre=s care II the selgniorase bill was to
further damage the credit of the coun-
tryr Never for a moment did the Dem
ocrnts care 20 60 back on free trade.
even TO prevent a deficit in the treas
ury. and never for moment did they
care to 20 back on fire. silver. even 10
prevent the fatal consequences 60 the
national credit that the increasing de6cit
Involved.
The .cixniors.e bill. however. was for
tunateiy vetoed by President Cleveland.
" ho on the silver question at least was
right while his party was wrong. and to
whom credit u due for refusing to con-
cede anything to the free silver sent-
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.
visdietivs Treatment of the PROF.
perity 0oose-
The Democratic party during those
four year- acted as IL IL deliberately
sought 10 kill the goose that lays the
golden egg of prosperity IL was a case
OF sive the goose hit in the hesd with
a 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 few sparks
of vitality left, a violent kick with the
foot. and then another. and then smother.
And there is nothing In the Democratic
platform this year. or in the personal
records OF the Democratic candidates,
he~srs- Parker and Davis. TO suggest
that the Democratic party would not
again attempt the killing of the prosper
i;y goose IL 1t got the chance.
The Democrats want reduction In the
tarln. but unless they should pursue a
niegsrdly, drastic policy of cutting down
present expenditures in furtheranSe of
the honor and prosperity of the nation.
they would need every bi; OF the present
revenues from the tariff 10 make both
ends meet. However. even by pursu-
ing a policy of ultra niggardliness in ex-
pcnditurrs for the public good, extrav-
agance In other ways coupled with their
tariff revision policy, would probably
more than pcutraiixc such saving and
n~eessitnte large bond issues. Why should
the intelligent voters of the United
States give the Democratic party che
slightest chance to allow history TO re-
peat itself in another doleful chapter of
Incompetence, scandal. business disaster
and hard times for all ella sses of peopieg
Parker and Davis belong to the same
school as Cleveland as regard. free trade.
except that Davis has been a protection
isf 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
tcriy crushcd-for while Cleveland
fought free silver. and fought 1t hard.
Parker and Davis both voted for It.