Show 1 I 1 AH AN OLD COMPLAINT WITHOUT BASIS 4 1 i 1 it is is a pet idea of the be democrats that the result of republican supremacy 1 i I 1 is a grievous money stringency I 1 throughout the landa land a lack of cash in I 1 the treasury with which to pay the bonds as they fall due and a state of j I 1 each such depletion in uncle sims strong I 1 box that bis his minister of the exchequer is compelled to call upon the national I 1 banks for the funds of which they wera were made depositories repositories deposit ories during the I 1 days of plenitude when the democratic I 1 administration held away we are reminded of this piteous argument I 1 by a little tel telegram eram which appears in another column and which states I 1 that secretary foster has made another call depositories repositories deposit ories and we shall try to prepare ourselves for the usail wail with which the news will be received by the democratic press the cantes of the money stringency and of he the large exports of gold to europe have been repeatedly given I 1 in these columns bath are due to I 1 international speculation and are in no bones sonee a result of any I 1 governments policy we have said and we most firmly believe that the I 1 restoration of silver to its legitimate i function as a precious metal susceptible of free coinage as gold Is would be a positive step toward curing the 1 evil and we are happy in the belief I 1 that almost the entire west as well viell as many influential eastern bodies I 1 agree with that view of it the next complaint of our democratic ca villers carries ita its own answer for instead of the nations credit being injured through its failure to pay the 4 per cent bonds when they would become due the bondholders bond holders were eager to take their pay in new bonds bearing 2 percent per cent interest it will be hard to make a business man believe that he is a bankrupt or is considered financially unsound it 1 when bis his paper becomes due the 1 creditor far from putting it to protest N comes and solicits the privilege of I 1 ill q taking anew a new note at leaa than it liala all 4 the previous rao of interest yet 4 q such a caso case would ba exactly exic ly i lk 4 to that of the Givern mant over f which tho the opposition raise such each a i woeful cry I 1 the third argument that A ilia treasury is forced by its own Oh to call on I 1 its depool tories indicates nothing more nor less than willful sent atlon As a matter of fact the republican administration went into power pledged to collect these funds IL 1 I 1 I 1 I 1 I 1 I 1 I 1 and it is simply fulfilling that pledge ina in a wise careful and manner eo so as to 1 avoid any undue hardship or appearance of panic of 01 course the banks would pi prefer rear to keep the money it coats costs them but little and they realize quite a nice percentage upon it lint but I 1 bit is no reason why the government should be their reserve agent and rive give them unlimited credit there are national bill to pay to the bond holders the soldiers eol diere for public improvements prove ments etc and in demanding its on ovi it with which to pay its debts the republican publican Ke administration ia Is but performing what any man will con eider an honest and proper duty no matter what the democratic croakers croak era may think about it in this view of the case the condition and operations of the national treasury eury do not peem to be I 1 so very alarming after all |