The Commoner.
11, 190.
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ited for the greenbacks. According to this
Iplan, the government transforms the $34G,-
in greenbacks into an interest bearing
order that the national banker may use
ids representing that debt to draw interest
iself on the one hand and as security for
tional bank notes he issues and speculates
the other. In addition thereto, there is
'conferred upon the national banker the
of expanding or contracting the volume
g currency at least to the extent of $346,-
t according to the whims and selfish Inter
mit.- 1 !--
IUU UUUUU13.
o who really believe that the people have
srn in the money question must bo blind
things that are going on In the financial
the country. "What these financiers dc-
tthat the people shall lose all interest in
stion. Then, when the people have fallen
LWall street will arrango our monev sys-
)rding to its own selfish interests and the
rill awaken when it is too late to discover
are the victims of misplaced confidence.
JJJ
all Street In Line."
ter Wellman. the Washington correspon-
t the Chicago Kecord-Herald, announces
iltant tone tnat wan street is now in. line
evelt. He points to the fact that Cas-
ident of the Pennsylvania railroad, has
tertained at the White house and that
t Stillman of the Rockefeller bank has
eral interviews with President Roose-
all street is swinging into lino," we are
will not only offer no opposition to Ms
on. but Is discerning certain almirablo
Mn him. This would bo an important item
fit new. but it is not new. Mr. Roosevelt's
firm wan settled about a year ago when
fldent consented to having the house anti-
lasure strangled In the senate. Tne JNew
n railed attention to the matter at the
id congratulated the president upon his
y retreat." Tne speecn delivered by me
it last spring at Milwaukee was. a formal
Cement of his capitulation, as The Com-
;hen pointed out. since that time tnere
an era of neace between the executive
"trusts. The president's surrender was the
C, the peace and tne nomination is w) oe
it. Havlnc as the reDublican nominee one
;he 'trusts can trust, it only remains tor
its to capture the democratic convention
to secure protection from any possible
tion. If the democrats nominate some
llv acceptable the trusts will contribute
'Vf A.- - A .i.tM- IB il,M.. MMMtnftfl TVT.
i.rn T.no r.wn TiurLieH: il lubv uuiuuiuiu xi.
id or some one like him the trusts might
e democrats more than half because it
pinable the trusts to again throw the odium
ractlon upon tne democrats, .tmt me iruuiu
if., nontrol the democratic convention. The
ltmocrats are warned in time, and knowing
POne Ut tutj icuiU,iii.ei.a win ua amo .j
it. Plutocracy may be entitled to one
ut it is not entitled to two..
JJJ
'Choosing a Senator.
nit
les A. Dick has been elected to the United
mate, to succeed Senator Hanna. We are
,t, while Mr. Dick is a very snrewd poli
ce has not displayed the statesmanship
luld suggest an uprising of the people in
of his election to the senate.
in after Mr. Hanna died, a number of men,
ability is generally recognized, were men-
for Mr. Hanna's place, it seems to be
that of all men suggested, Mr. Dick did
ink the nighest in point of ability and dis-
ihed public service: but as soon as it was
itatively announced that Mr. Hanna had
ed the desire that Mr. Dick should be his
;sor, the situation wag simplified, all other
idates withdrew and Mr. Dick was elected,
ing the votes of all republican members.
e are told, also, tnat uovernor iierrick nad
tlons in this line and while Mr. Hanna was
faly to the governor, he knew that Mr. Her-
election to the senate would mean tne eie-
bn to the gubernatorial office of the lieutenant
srnor, who happens to be very friendly to the
.ker Interests: so Mr. Dick was cnosen, not
tuse of any particular claims he had upon
people, not because of his ability and ln-
ty. but simply because nis predecessor nad
essed the wish that Dick succeed him.
in this selection the legislature of Ohio had
more than a machine-like part to play. Men
;ed to the legislature and sworn to do their
ttnAnviWntr tr tliA rlir.tfttpa nf their ron-
f w..c, - V. .
sciences, were unexpectedly confronted with tho
duty of choosing a United States senator. The
selection was made by outsiders. Membors of the
legislature formally ratified the choice; and in
this case tho American people have another strik
ing object lesson, showing tho importance of hav
ing a change in methods, so that United States
senators shall bo elected by the peoplo, Instead
of by a handful of politicians.
jfiJJ
Democratic Simplicity.
Secretary STiaw has asked congress to appro
priate $90,000 for the erection of a new stable at
the White house and tho Washington correspon
dent for the New York World says that if tho
president gets the now stable, he can run his
expense account up against the government to
over $910,000, divided as follows:
"Restoring" and refurnishing the White
house $475,445
Six-room ofllce building at tho White
house G5,19G
Refurnishing tho U. S. S. Mayflower for
use as tho president's yacht 100,000
Cost of refitting and repairing the May
flower In 1902 and 1903 for the president's
use 05,000
Estimated cost of repairs this year 30,000
Cost of keeping the Mayflower and the
Sylph at the disposition of Mr. Rocscvelt
in 1902 and 1903 60,000
Estimated cost of keeping tho two ships In
readiness for a presidential call this
summer 25,000
New White house stable asked for by the
president 90,000
Total $910,641
It is explained that these figures do not take
into account the great naval display off Oyster
Bay last summer, which display was ordered by
the president for the entertainment of his visitors
and children and cost many thousands of dollars;
and yet, there are many republican newspapers
that attempt to make it appear that there is about
Mr. Roosevelt considerable democratic simplicity.
Corruption Funds.
The cry of pain that the boodle newspapers
are sending up shows that Mr. Bryan touches the
sore spot when he insists that the democratic or
ganization ought not to take money from tho
trusts which it proposes to fight. These papers
want the party 'mortgaged to the trusts, but they
object to having the mortgage put on record be
fore the election. In other words, their whole
and sole purpose is to deceive. If the party gets
tho votes of the people and then fails to attack the
trusts it will deceive the people. If it gets the
money of the trusts and then prosecutes the trusts
it will deceive the trusts. Experience has shown
that the trusts are too wise to put up money
without a guarantee and when the peoplo become
as wise they will also demand a guarantee, and
the best guarantee they can demand Is that, after
the convention has nominated an honest ticket on
an honest platform, the committee shall refuse to
accept money from the trusts.
The democratic party should insist that tho
government resume its legitimate functions and
cease to be used as a business asset by great
financial enterprises. It cannot do this If It wins
its victory with a corruption fund drawn from
the beneficiaries of class legislation.
JJJ
They Want to Know.
The Louisville Post, one of the reorganlzers,
says: "It has been said by Mr. Bryan that while
tho financial question is not acute, it may become
'acute at any moment. Mr. Williams, of Missis
sippi,' said that the sliver question is dormant.
Anything may waken a dormant question, and
what the public wants to know, in advance is,
What would the democratic party in power do
should the silver question once more become
acute?"
Then the Post proceeds to say that Mr. Cleve
land should be nominated because "tho country
knows him and it could be reasonably certain
what he would do, at least with the financial
question."
The reorganlzers have, all along, Insisted that
the money question is dead; and yet, their organs
show the deep concern they have in this "dead
The fact that we can be reasonably certain
what Mr. Cleveland would do with the financial
question provides one of the many reasons' why
nolthor Mr. Cleveland nor anyone representing his
viows should bo pormittcd to lead tho democratic
party.
If It Is true, as tho Post says, that tho people
want to know In advance what tho democratic
party in power would do If tho incmey question
once moro becamo acute, tlion is It not true that
tho democratic party in convention assembled
owes it to itself and to tho peoplo to say exactly
what it would do on that question. If it would
maintain the single gold standard, let it tell the
peoplo that It Is pledged to tho slnglo gold stand
ard; but if that is not its purposo, lot-it tell tho
people that it will adhere to tho democratic doc
trino of bimetallism, as explicitly sot forth In tho
Kansas City platform. Yet newspapers like the
Post are not willing to make this tho issue in
county conventions and In stato conventions, In
tho selection of dologatcs to tho democratic na
tional convention.
These people prefer to mislead democratic
voters and porsuado them to truBt the training of
tho platform to delegates chosen by the reorgan
lzers. They very well know that If the question
between tho single gold standard and bimetallism
were submitted to the democrats at the pri
maries, tho result would bo practically an unani
'mous victory for democratic doctrine, as defined
in the platforms of 189G and 1900.
-
Unexpected Candor
i
The Cincinnati Enquirer Is guilty of unex
pected candor. In a rocont editorial entitled "Dol
lar Value," tho Enquirer says:
"Tho New York World Introduces its edi
torial paragraphs with this observation in
capital black letters: 'The bullion value of a
standard silver dollar at yesterday's quota
tion was 43 cents.'
"Go to. This Is not tho campaign of 1895
or of 1900. That sort of comment was 'worked'
and 'overworked when tho silver question
was an issue. It is not now. And nobody
can explain why It Is not except by allusion
to tho great product of gold for a few years
back, and the prospect that there will be lav
ish production for a good while to come.
"Is It correct to say that the silver dollar
has bullion value at all? Its value as a
Unitod States coin appears to bo 100 cents;
It goes for that throughout the country. Ev
erybody is glad to get the silver dollar, or
the paper certificate representing it at 100
cents. Men may say that it Is sustained by
the operation of tho (so-called) gold standard;
but sliver dollars and silver certificates are
not redeemable in gold.
"Perhaps, after all that has been said and
done, there Is- something In what the laws
of the United States say shall constitute a
dollar.
"Anyhow, It seems to bo ridiculous to say
that a confused lump of sliver with 434
cents is worth no more than that after it has
been coined and legally stamped by tho
. United States. Everybody who has sense
enough to go in out of the rain Knows better
than that, from his evory-day experience." -
The Enquirer's remarks about tho monoy
question indicate the wish of the proprietor rather
than a knowledge of the fact; but its suggestion
that the legal tender law Is responsible for the
100-cent value of the silver dollar is eminently
sound. For ignorance of tho science of money,
tho New York World probably excells all Its con
temporaries, and the Enquirer's rebuke Is well
merited.
rrr
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