The Caucasian. (Clinton, N.C.) 188?-1913, 1910-06-02

az good as the National Bank cur
rency In circulation. the banks being
allowed TO issue such notes under
strict government supervision. they
being based upon government bonds
purchased by the banks OF issue The
banks having purchased the bonds
get the interest on them. Of course,
lust as any farmer. merchant or otn-
er person would who might be for
tunate enough TO own few bonds,
and that il the only profit they get
out OF the transaction. for the bonds
are only a safe and desirable invest
ment and a convenience to the Ma
tional bank TO that extent Any per-
son with money to spare can buy
Government bonds and get the inter
est on them. The bonds OF this
country are so desirable as q safe in
vestment, however, that they always
sell above par. say 104 or los. and
naturally only a small portion OF the
people care for the investment when
they can invest their money in good
stocks or otherwise, or place 1t at in
terest and get more out OF 1t.
Thomas Jefferson, of Virginia, was
popularity known more than a gener-
alton ago as the father or founder
of the Democratic party, or rather,
he originated the principles and the
cries Of the party. Jefferson was a
great man, good man. But 1t is
we'll known that even blood does not
always continue good in the human
nor the animal kingdom. How have
the mighty fallen!"
The so-called Democratic party OF
to-day is merely a gigantic farce.
William J. Bryan, of Nebraska, many
times a nominee for the Presidency
is the head Of the modern party. He
is a smart man in his way and has
some commendable qualities. Ben
jamin Tillman, of South Carolina,
United States Senator by some
strange occurrence, is the gizzard of
the party, and Josephus Daniels, OF
North Carolina, Is the tail of the
party. 1t is progressing backward.
1t has not and will not recover from
the Cleveland administration. Nero
ancient tyrant, fiddled while Rome
the beautiful capital city Of his
country, burned. Cleveland the po-
litical tyrant, "piddled" while the
substance Of the people of the United
States went up in the fire and smoke
of misplaced political confidence.
Owing to reasons already mention
ed above l have no apology to offer
for having joined the Populist party
And l will say, though not in boast
| ing spirit, that rather strenuous ef-
forts were made at the time by poll
teal friends to hold me in the Demo
cratic party. All sorts of glittering
prOba were held up to my
view. Finally, as last resort, a
prominent Democratic friend, doubt
less acting with authority, told me
confidentially that the Cleveland ad-
ministratiOn, meaning the President,
of course, had decided to give a
consulship to some North Carolinian
and intimated plainly that the party
leaders had about decided that |
should pull the nice little red and
purple plum. He spoke Of the very
good salary and all expenses paid
and mentioned that competent
chief clerk, stenographer, ETC., could
do practically all of the work, which
might all be done in, say thirty days
out Of each year, and that the consul
would not have any rough work to
Go except to wear good clothes and
smoke good cigars. and that even
such supplies as that might be charg-
ed up to the Government as "inciden-
tails" He said l could and would
be in position to go a-fishin' four
! days in the week and sleep the other
two work days; that I needn't get
up any morning until ten o'clock, and
intimated that I'd find my shoes be-
meath my downy couch and that
they'd be shined and ready to jump
on my feet and that everything
would come my way. Think over
it and give me an answer to-mor-
row." said my friend.
1 thought over it. To one so
young, and so poor, it was a tempt
ing bait. There was nothing wrong
about it, some one would be selected
for the place. But there was, to me,
an insurmountable obstacle. l was
completely out of harmony with the
Cleveland administration and could
not consistently accept any favors at
it's hands. Then, too, I had virtu-
ally agreed, or. at least, had decided
to join hands with the new party
for veal or for woe. I could not
forsake my friends. After consid-
ering the matter carefully for about
twenty-four hours my answer was
ready. Thanking my would-be friend
l said: 81 cannot accept a position
at the hands of Mr.. Cleveland and
his supporters. Mr.. Cleveland be-
lieves in Wall Street rule. l do not
The kind Of reform he and his party
have given the country to-date is far
worse than the so-called monopoly
rule dealt out by John Sherman and
his associates. I am no longer a
member Of the Democratic party.
Perhaps l may regret the step 1 have
taken. The Democratic politicians
may attempt to punish my rebellion
against them by destroying me as far
as they ca nsocially, politically, and
financially. know that such a course
is one Of the party rules or Gus