The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-06-24
BOYS AND GIRLS
BICY CLES
$12.O0 to S25.OO
H. M. CROSS CYCLE co.

staked off as city lots and sold at fab
ulous prices. Individual Indebtedness
was mountain high, and made for alb
surd consideration. Hence, a party
came on that wanted cheap money
and plenty of 1t. 1t did not reflect
that it was just as impossible to leg
islate value where there was no value
as 1t was to obliterate time by advance
ing the hands of the clock-that you
could no more legislate AZ cents into
100 cents than you could make sunrise
MONDAY by putting both hands of the
clock on the stroke of twelve.
But that was not all: nor the worst,
Foreign creditors stood aghast at the
Sherman law and sent our securities
home to be sold for what they would
fetch in gold. The public treasury was
going at breakneck speed to a silver
basis. Only a very small percentage of
the revenues was paid In gold. The
gold reserve was employed and ex-
hausted. Business closed up shop. sat
down, folded its hands, and resolved:
II will rest till you let me know what.
you intend to do Coxey's army was
recruited. All this time the Republic
can party was playing the part of the
devil in an basin Of holy water" and
would not be comforted. Mr.. Cleveland
convened congress and damned through
the house and steered through the SEN
ate a repeal of the purchasing clause
OI Tie outTIIldu SILVER law, WHICH was
diluting the currency monthly by
means Of millions of stump-tail dollars,
But that did not save the public
credit-only gold could do that. Cleve-
land got the gold, got it at a frightfui
cost, because of the mingled stupidity
and knavery of congress; but he got it.
That was the important thing. He
saved the public credit, and If at this
moment every dollar in the land Is
worth 100 cents, more of the credit Is
- ~ 7Ar-
man. Time has indicated him, vindi-
Gated the sale of bonds, and that trans
action puts him in the class of great
men of the stamp OF Oliver Cromwell
and Andrew Jackson. He trod the path
of duty and was serene under the
TRADES that calumny, detraction, and
obloquy despatched him with. 1t was
feat of statesmarship-the sale OF
bonds-that dwarfs Jackson's removal
of the deposits. And remember that
punge its own resolution of oppro-
brium. Cleveland lived to hear the
plaudit of country he SO well served.
The Wilson tariff bill did not have a
friend in the world. and simply because
Grover cut and gave out the pie too soon
Iha. was what maze ,s the Wilson Sene 6' sb ane
and things were Just getting ready to hum
when Isham G. Harris called the Memphis
conference. 1t was at Memphis that the
liason between the Democracy and Pop
ulism began. We can not say 1t was in
cestuous. for true Democracy is wholly
alien In blood to agrarianism 1t was at
Memphis that a step was taken that
caused business to again shut up shop
and wait.
A majority of the Democrats in the two
houses of congress repudiated the party
platform Nothing was Democratic that
Jerry Simpson did not believe. and moth
ing was SO Democratic as coarse abuse OF
Grover Cleveland. Only the other day Mr..
Roosevelt and Mr.. Knox got judgment
in the merger cases. of the great north
west That is land that Mr.. Cleveland and
Mr.. Harmon plowed. and it cropped. The
about what Roosevelt and his attorney
general have done, and proclaiming that
II is a settlement of the whole trust bus
mess or nigh about It: but the Democrats
were too angry to give Cleveland any
credit for setting a pattern in the trust
busting business for his successors to fol-
low and the Republicans are not candid
enough to give Mr.. Cleveland credit for
saving the country from financial anarchy
and for that matter. they are not at all
disposed to give the gold standard par
ticie of credit for the restoration of pros
The Republican party feels very secure:
but 1t was Republican policies that ere
ated the wave OF aErarianism that SO SER
iously tested our system, and Republican
policies have brought to life new party
more threatening than all that have gone
before and before which order well may
shudder The Social-Democratic party is
a child born of unconstitutional privilege
fostered in Republican policies.