The Temple Times. (Temple, Tex.), Vol. 15, No. 27, Ed. 1 Friday, May 29, 1896 Page: 3 of 8
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THE TEMPLE WEEKLY TIMES MAY 29 1896.
*
A Presidential Year
is Mags Fun ot interest
And This Year the People Elect Everything From President IDown.
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WASHINGTON LETTER.
(From Oar Regular CorreeiKmdent.)
Washington, D. C. May 22.
The dissatisfation of the chairmen
of some of the house committees
with the methods which have been
followed during this session is be-
coming more marked as the time for
adjournment draws nearer. Chair-
man Mahon of the committee on war
claims, got in a blow at the unani-
mous consent legislation, which has
knocked out the regular order so
often of late, by giving this warn-
ing to the house: “Gentlemen, get
what you can the next fifteen days.
Unanimous consent will not be giv-
en for any purpose at the next ses-
sion.” He was followed by Chair-
man Walker of the committee on
banking and currency, in an impas-
sioned speech arraigning the three
or four men who rule the house with
a rod of iron. “If God spares my
life” he' exclaimed dramatically,
“and 1 return to this house at the
next session, this will end. I have
served here for eight years and re-
ceived no more consideration than a
dog.” In reply to a question, Mr.
Walker said: “In view of the ap-
proaching presidential election,both
sides of the house show a decided
disinclination to consider bills from
any committee.” Notwithstanding
the palpable truthfullness of that
assertion it was greeted with a shout
of laughter as though it was some-
thing funny.
The best informed politicians of
all parties now believe that Cleve-
land is out for another nomination
and that nothing will prevent his
getting it but the capture of the
Chicago convention by the silver
democrats.
The American missionaries in
Turkey are after Minister Terrell’s
official scalp, and they have a good
gate from the District of Columbia
to the convention, is credited with
being at the head ef this scheme.
He claims to favor the nomination
of Senator Allison, but is believed
to be working in the interest of
Speaker Reed. Mr. Manly, who is
Reed’s manager, is not in Washing-
ton. but his private secretary says
of this scheme: “If the plan goes
through, Reed will receive the vote
ot every colored delegate at the St.
Louis convention, at some stage of
the proceedings, whether they are
under instructions or not.”
The most important political event
of the week was Senator Quay’s an-
nouncement that he intended to pay
ex-Gov. McKinley a visit. It isnt
so strange t,hat Mr. Quay should
make this visit, but it is very
strange that he should haye an-
nounced it in advance. It has set
everybody guessing, and that is
probably what Quay desired and ex-
pected it to do.
No body pretents to know just
what the object of Quay’s visit is,
but there is a rather general Idea
that it is largely in behalf of ex-
Senator Platt. It has never been
believed that Quay was very strong-
ly opposed to McKinley's nomina-
tion. In fact, he stated a year or
more ago that he was for either
McKinley or Reed. Since then he
got the idea, which the McKinley
tidal wave has brushed aside, that
he might get the nomination him-
self, and while that idea was work-
ing full time he is believed to have
made an alliance, offensive and de-
fensive, with Mr. Platt, which may
keep him in the field as a candidate,
unless he can get certain promises
from McKin ev that will enable Mr.
Platt to retain his patronage in
Now York. According to the best
information to be had, if he gets
these promises Gov- Morton and
The senate is slowly but surely
disposing of the appropriation bills,
but nothing has been done about
adjournment yet.
FINANCE.
show of getting it. They charge I himself will withdraw in McKinley's
him with profanity, vulgarity, un-:favor. It is believed in Washing-
getlemanly habits of several kinds ■ton be will get them, too.
and general incompetsncy, and they ' McKinley can probably be nominat-
are backed up b« many influential Ied without Platt’s help, but he can-
personal friends* of the president. | n,)t easily carry New York without
Terrell is in Washington now try-j it, the loss of New York and the silver
ing to square himself. jState*' which aro expected to bolt
It has just come to light that an j tl*e St. Louis platform, would make
attempt is to be made to consoli- his election very doubtful,
date the votes of the negro delegates A senator who ought to know what
to the St. Louis convention and to b° is^ talking about, said^ to-day.
use them to dictate the nomination i McKinley expects to get 15b silver
of some other man than McKinley. | votos ’n *^e Louis convention.
How dangerous this movement may j That is what is keepinghim mum on
be to the fortunes of McKinley is < finance* After he gets the nomina-
not yet apparent, hut it is already i tion he will come out flat-footed foi
alarming some of his supporters. 1 a gold standard. Mark the predic-
Perry Carson, who is a negro dele-'tion.”
BRITISH MONEY.
Gold only, since
1816.
PLUTOCRATIC MON.
Money for the
rich.
AMERICAN MONEY.
Gold and Silver—
both, not one-
from 1792 to 1873.
DEM CRATIC MO.n’Y
Money of the peo-
ple and for the
people.
The .greatest political battle of
this age is now being waged in this
country. The contending parties
are the democrats on one side and
the republicans on the other. Each
with a fixed set of principles out-
lined and well defined. In the pres-
ent contest the paramount issue is
the great financial question—bimet-
allism (gold and silver both) or mon-
ometallisn (the British gold stand-
ard). For eighty years the people
of this country were under an Amer-
ican system of finance (democratic).
During these eighty years, no coun-
try known to man had ever grown
rich in material resources as hud
this country; no people on earth had
ever prospered as did the American
people, happy and contented until
1873 when the American system of
finance was reversed bv republican
legislation, backed by the British
influence and British money. Silver
as primary money equal under the
law with gold was by said legisla-
tion made token money only, de-
based and outlawed, as one of the
metal monies, and standard of val-
ues.
Why all this: I have said that
British influence and British money
were prime factors in perpetrating
this stupenduous fraud on the peo-
ple of this country. There had
been mighty forces at work for
years in this country, known to but
few, to fix upon the American peo-
ple the British system of finance
(gold monometallism). It is said
that history is ever repeating itself;
in 1815, England up to that time a
bimetal country using both gold and
silver as primary moneys. Coming
out of her wars with an immense
debt hanging over her people she
was led by monied lords and barons
to reverse her system of finance by
striking down silver and making
gold alone the money of that coun-
try. The British government yield-
ed to .the demands of the money
power and her peoule were put in
financial bondage.
At that time hundreds and thous-
ands of her best people were home
owners, very manv with deferred
payments to meet. The crash came,
money became scarce, gold appreci-
ated in purchasing power, the price
of labor and all the products of la-
Dor went down, shrinking in values
immense, interest and taxes high,
making it impossible tor the debtor
classes ever to pay the same; were
closed out under the hammer, prop-
erty bought up by a few money bar-
ons and that too at their own price.
Thousands of her best people, once
home owners, soon found themselves
and their families homeless, becom-
ing tenants and they and their pos-
terity from that time to the present,
have been hewers of wood and
drawers of water for their lords and
masters. These are patent facts,
known to all students of history.
Now eighty years in financial bond-
age to a few monied lords and bar-
ons is the bitter fruits reaped by
the common people of that country.
The same causes and influences
that brought these disastrious re-
sults in England eighty years ago
have been at work day and night
id this country for twenty - fiye
years past; and by vicious class
legislation silver was stricken down;
the gold standard set uo; continued
falling in price of labor and all pro-
ducts of labor, with unprecedented
shrinkage in values of every kind
all over the land, gold being the on-
ly standard of value under the law,
all other currency being token mon-
ey only, we see the results are the
same in this country as in England
eighty years ago, brought about by
the same influences, and in the same
way.
Lord Macauley said nearly fifty
years ago: Some morning millions
ot Americans wculd wake up won-
dering where they would get even
one meal during the dav.
Mr. Mortinean, in his history of
England many years past said
Tu? resumption of gold payment
after the Napoleonic wars ruined
thousands of families who had been
well-to-do for generations. Farms
and estates went under the hammer
the toilers couldn't lipd anything to
do, business was stagnant with dis-
astrous shrinkage in values.
Mr. Gladstone said in a speech in
the house of commons, March 1893,
that Foreign countries pay annual
tribute to England not less than
$500,000,000; mark this—not in mon-
ey but in commodities the prices of
which are controlled by the gold
standard, one-half of which is paid
by this country (alluding to Eng-
land ) Gladstone also said: England
being the creditor nation of the
earth to the amount of ten billions
of dollars, she could not consent to
a change in her financial policy.
The London Statist, a gold stand-
ard paper, said in July 1893, The
closing of the mints to silver in In-
dia would enhance the price of gold
100 per cent, and we may look for a
further decline in all farm and facto-
ry products all oyer the world, great
shrinkage in all real properties,
with corresponding decline in la-
bor; the burden of debts not only
upon individuals but upon nations
will be doubled. Everywhere the
burden ot debt will necessitate in-
creased taxation, so will weigh
heavy on the general population.
The same paper said in issue of Jan-
uary 19. 1895 in describing the effect
of the gold standard, The pro-
ducing countries had been plunged
into so much distress that they
were compelled to sell at whatever
price they could get.
Lord Balfour, of England, Mr.
Choplin, Mr. Towns, Mr. Hubbard,
with many other writers on politi-
cal economy in European countries,
all testify to the ruinous effects of
the single gold standard upon all
classess of people except the fayored
few—those who have much money
and those who have fixed salaries.
What the gold standard did for the
English people in 1816 has been
done for the American people since
1873. The same influences that
brought about financial slavery and
wide spread ruin in England and
other gold standard countries, have
been at work in this country for the
oast twenty-five years. All this
Lad to be accomplished, through na-
tional legislation; the republican
party then in power, led by Mr.
John Sherman, were ready tools in
the hands of British money sharks,
and speculators in money, stocks
and bonds. The deadly work was
done in 1873 by a republican con-
gress through corruption and fraud,
opposed by democrats everywhere
except a few in the north and east.
The widespread ruin all over the
Union, especially the south and
west, is a fact that is well
all. As a party the republicans are
for this high-handed ! ing them lords and masters. Have
responsible
crime.
As democrats and as a party, we
have ever stood opposed to this rad-
ical change in the financial policy of
this country. The fight has been
strong and bitter all along the line,
a fact well known to reading and
thinking people. See what Mr.
John G. Carlisle, once a stanch dem-
ocrat of Kentucky, said in his great
speech in 1878, while in tne halls of
of congress, when this great and
paramount question of finance was
being debated- He said in sub-
♦
stance, the demonetizing of silver
by republican legislation, and estab-
lishing the single gold standard was
more disrstrous to the American
people, than all the wars, pestilence
and famines the world has ever
known. Mr. Carlisle was then of
Kentucky, a democrat, representing
a great democratic state. He is
cow Secretary Carlisle, of Washing-
ton, Mr. Cleveland s pliant tool, and
first lieutenant of Mr. John Sher-
man, and the pet of all leading re-
publicans north and east, also a
ready seryant of the great bankers,
money combines, and speculators in
this country and Great Britain. Jay
Cook and Mr. St. John, two leading
financiers and bankers, are both
outspoken for the free and unlimit-
ed coinage of silver at 16 to 1 of
gold, being the only thing possible
to save the people of this country
from total wreck, ruin and bank-
ruptcy. Nearly all of the leading
democrats ol the south and west,
including Indiana, Illinois, Ohio and
the northwest, are battling for the
people’s money, free and unlimited
coinage of silver.
Take the speeches and writings of
all during the last twenty-throe
years and you will find them of one
mind in regard to this great ques-
tion, which is this: The British gold
standard of values, rivited on the
people of this country by republi-
can legislation, haye produced ruin,
poverty and financial slavery
throughout the entire country. Go
to the records, take the acts of con-
gress in both houses on this great
question and you will find the votes
of the democrats nearly all one way
—on the side of bimcLllisni. gold
andsflver, both, as primary money,
up to 1893. It was then a change
came; a democratic president and a
cabinet of his choosing going bodily
over to the republican ranks, with
Mr. John Sherman as their leader
on the financial question,, doing vi-
olence to every pledge made to the
people of this country for over
twenty years past. Mr. Cleye1
land, as an individual being a Brit-
ish gold standard man, assumed to,
and did; dictate to the democratic
party, not alone as an individual,
but as president, to abandon all
democratic, law and usage on the
financial question, and go over to
the republican carnu. Mr. Sherman
and Wall street bankers aud specu-
lators in money, stocks and bonds,
being his principle advisers. His
success in this matter is well known
to all. He captured and controlled
a number of democrats in the house
and a few in (he senate, thereby en-
abling him to perpetuate the infa-
mous British gold standard upon
the American people, even vetoing
the seigniorage bill passed by a
democratic house and senate.
Every act and recommendation of
Mr. Cleveland and Secretary Car-
lisle since they went into power, on
the financial question, have been un-
democratic, and much of if in gross
violation of law. The slogan dished
out daily h.y the so-called democrat-
ic club of William street, New York
is called “sound money.’’ This club
was organized a little over one year
ago as a financial school, a school of
instruction, to teach the American
people British principles on finance,
and how to make the rich richer,
and the poor poorer; how to get the
labor and the products of labor of
the common people of the country,
at starvation prices and their prop-
erty at a mere song.
Sound money! What do tney
mean by sound money? Define it if
you please? It is gold, gold only;
the British gold standaid pure and
simple. It is this crowd of gold
sharks who are sending out con-
stantly all over the democratic
states, south and west, such rot as
you daily hear dished out by sonic
who call themselves democrats,
Most of whom arc patronage heel-
ers, and those who arc eating out of
the public crib.
1 have told you something of the
results of the single gold standard
of the people of England for eighty
years past: how it robbed the
.ses and made them slaves and
and enriched the favored few, mak-
I told you that the same influences
that produced said results in Eng-
land long years ago, have been at
work in this country and that, too,
with perfect success. Financial
ruin and financial slavery are some
of the bitter fruits reaped by the
masses of the American people.
These statements have not been
made without proof ample and suf-
ficient. Much more could be given.
Will only add what Daniel Webster
said of this question (finance) in a
speech made in Congress, December
21, 1836. He said: I am clearly of
the opinion that gold and silver at
rates fixed by Congress constitute
the legal standard of value in this
eountry and that neither congress
nor any state has authority to es-
tablish any other standard or to
displace this standard.” Mark this:
Mr. Webster said gold and silver
constitute the legal standard of val-
ue in this country, and that neither
congress nor any state has authori-
ty to establish any other staudard,
or to displace what? this standard.
A wise and profound statesman
once said that eyery natiou of peo-
ple on earth should have and main-
tain their own fixed system of fi-
nance best adapted to their own
wants and needs. This is states-
manship, true and profound; then
away with all this bosh called “in-
ternational agreement; a great,
grand, rich and powerful govern-
ment like this of ours, to pander to
England or any other power, oi
powers, on this question, and even
invite them in to dictate to our peo-
ple the kind of financial policy we
shall have is nothing but Biue Light
Federalism of the deepest dye. 94
per cent of all our commercial busi-
ness is done among our own people;
4 per cent only, done in foreign
countries, with the balance of trade
in favor of this country to more
than meet all foreign demands. For
months past British capitalists
have been the custodians of the
treasury at Washington. O, how
humiliating this should be to every
true American! Such truckling as
this is un-American and undemo-
cratic.
We oppose the single gold staud-
ard because it is undemocratic, un-
American and ruinous to the best
interests of the people, fostering
only the favored few, and, if not
checked, in the end will enslave the
people of this country as was done-
in England in 1816. We oppose the
British gold standard because it is a
system of finance wholy foreign to1
this country and of monarchal ori-
gin. We oppose it because^ it was-
inaugurated by the republican party
and for the purpose ol robbing the
many that a few monied lordsm this
country and in Europe might be
benetitted. We oppose it because it
is dangerous to the liberties of the
people of this country aud the lirst
step in building up a plutocratic, in
stead of a democratic, government.
Now, the question to be consid-
ered briefly is, to whom, or to what
party can the people look, to give
relief to the country? ft can’t be
the republican party; they were the
originators of the gold standard in
America and now have all the north-
ern and eastern states for the gold
standard, also a democratic presi-
dent and cabinet (so-called). It
can't l>e the populist party for they
haven't any national reputation as a
party, having only three to eight
senators, six congressmen and no
state government. Asa democrat,
1 cant see any hope of relief only
from the democratic party, with the
aid of the republican states west
that are solid for bimetallism and
will come to the aid of the solid
democratic states south; Illinois and
Indiana will go largely for the white
metal —giving in all a i/ood majori-
ty in the electoriul college. The
democrats largely who have been
acting with the populist party will
come back to their first love (they
are still democrats). So also will
the rank and tile of the gold stand-
ard democrats—we predict some of
the leaders will not, but will land in
the republican party.
The national democratic party
will adopt a clean-cut bimetallic,
platform and give to the people men
who are true, tried and trusty.
The fight is now between the
north and east against, the south,
west and central western states.
Mark the prediction: Bimetallism
will be victorious.
J. M. Willis.
The only Insurance company in
Temple paying “spot cash” imme-
diately upon adjustment without
discount, is represented by Moore
& Pratt.
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Crow, J. D. The Temple Times. (Temple, Tex.), Vol. 15, No. 27, Ed. 1 Friday, May 29, 1896, newspaper, May 29, 1896; (https://texashistory.unt.edu/ark:/67531/metapth585605/m1/3/: accessed May 6, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Abilene Library Consortium.