Show THE TH CLEVELAND D 80 BOND O The t Gives History of Those Issued to Replenish the Treasury Stock of Gold Golt REPEAL OF THE TIlE ACT OF 1890 I It Afforded Xo No Relief He Recalls I With Satisfaction lie Part PartHe lie He Played Philadelphia May l Tho Saturday Evening volling I Post of ot May 7 will contain an article contributed by b ox President Grover Cleveland on The Cleveland Issues Jetties In which he lie gives Ilves the history his lory of ot Tho Tue Issue of ot United States bonds In Iii the tIm years ISO 1891 I and 1896 for tOl the hoe purpose of ot tho tue of ur gold In us the lie public treasury Mr It Cleveland holds that hilt that legislation In III favor of silver coinage and the ho effort to maintain tho the parity pari of or silver and gold Rolel were greatly responsible for the tho reduction of ot the tho lie gold reserve II erve The Tue u me peal of It the tho lii act nt of or 1890 1590 the th says did not give any aisy relief oller because hN there hurl had been added to the repealing diet act an 1111 Inopportune repetition of ot the tue concerning the thc governments mention Intention to maintain tho the parity of or both gold and silver coins A factor In tn the situation he lie say pay al most olost perplexing and 6 us wai 11 the distrust which was growing enor enormously regarding the lie wisdom wIll II and asid eta sta stability bully of or our scheme of ot finance As All a 11 of ot these conditions condition there loomed loomell In n sight thc tho lie monaco menace m of ut the thai destruction of at our gold goltl reserve the repudiation ot of our gold obligation obliga tIomi the humiliating hum I tig full all of or our nations finances to a it silver hotels and the degradation of our gay gov governments gO high standing In Iii the tho respect of oC the lie civilized world There was Willi absolutely ab but one way WilY to avert calamity ami nun our your cour disgrace and thIs thin was wn adopted when on Jun Jan 17 1891 the of ot the he treasury Issued a L notice that bids In n gold would be he received until Feb Fob t following tom for to I In bonds honI The bonds were Issued I sued but gave only temporary relief and later In lii the year another bond Issue of ot was suns re resorted resorted sorted to This did not have tho the de Ill desired sired Irei effect anti and on Jars 28 1895 1896 the aid of ot Congress was earnestly Invoked In III Ina InU a U special presidential message In a p This upped appeal to Congress for tor or le the aid alII was absolutely fruitless Mr tr Cleveland then lien gives the details of the fits purchase of ot ounces or gold olti coin film CI rm Morgan In for fop with anti and the lie final sale of ot ot of tom omit per cent bonds In Iii 1 96 Mr M r Cleveland concludes as all follows I 1 have hlo attempted to give gle a 11 detailed history of or the tho crime clinic charged It against an nn administration which Issued bonds of ot the government In iii hue of ot peace shame and without repentance I 1 confess contes my share hare of or the guilt and 1 refuse to shield my In accomplices In this crime who with me held high places In that hat administration And though Mr Morgan and Mr find scores sorell of oC other bankers anti and who wIno were accessories In those transactions may amy mayhe he c steeped In destructive propensities and may many be constantly busy In schemes I shall always recall with satisfaction and self pelf congratulation my amy collusion with them 01 at nt a n time line widen when our country sorely needed their aid lId |