Show THE MESSAGE it is a disappointment to the weft and boulb it coltaine con taine lothine new it ema a review ot ahinga which were known to the public the greater portion 0 the ia devoted to the currency question even there he gives review 0 existing law and peaks of the three bond deals if he were really proud of the bond sale the president aaili I 1 am that in addition to eateries our and nil at courts bauld be pro bj the government with official jeisi derice deri cf atio 1 of a nation dip undeniably a like ours hit kligler and how beau not miller il ite with nation parsimony and ahab bine to it diplo there you are our minister to european countries enst have princely palaces to live in no matter how the home of the american I 1 bia minister must im mitat the kings no matter how larro alio annual deficit is more money for luxuries our ministers got along nicely from to date in furnishing their own houses and no doubt the people will vote to have that continued speaking Speak inz on the money question the president eang alie unna infusion of allter into our currency and ibo 1 littlon for ill iree and coinage hare created apprehension as to cur disposition 1 or ability to gold pay bents unnatural 0 allver into oar currency 1 since when ha dilver ai been unnatural in fathom did the use of as money create ampre fenelon he nelon thai the government could not pay it honest debt anybody besides the gold bus bankers and bond holders again president the baye in other word ane government hai ald in frold more thun dine tenth of lie united states note and eilla owes mbeni 11 II why were the notes redeemed in gold is there any law compelling that france hae the lawa on the silver question yet they redeem their paper money in silver or gold just the government pleases plea ees the law in the united authorizes the but it ie to the sold bugs interest to pay in gold and this administration is a gold buy administration that ie why paper money is redeemed in gold again the president gay I 1 niu the only thorough and practical for our trouble I 1 fn the retirement and cancellation of our united states note commonly called greenbacks nd the outstanding treasury notes aued by the government iu payment of allver purchase under the act of 1800 I 1 believe this could be readily accomplished complis hed by the exchange of theae for united states bondi ot small as well a 1 denominations bearing a low rate of interest ini erest the currency withdrawn by the retirement of the united state and creag ury note amounting to probably lees ahan be by tuch old would be used on retirement or by an in circulation of our national banks there you are retire the government paper money and then let the banks issue paper money in order to top the government from redeeming ita own paper money in gold how will the banks be able to maintain the bank notes or paper money at par can they do without redefining rede eining them in gold it a bank can make paper money and not redeem it in gold why cant the great united state government if the banka must redeem their paper money in iid where will they get the gold from when our great government cant get the gold that ie a great scheme to collect the governments paper money to the value of half a billion dollars and redeem it in gold and give now bonds bearing interest in order to get that gold cant the people see through the scheme more bonds more mortgages morte ages that ie it means again the president are I 1 think the rational banks should be allowed to geue circulation equal to abo par value of the bond they deposit to secure it and that the tar on their circulation hould be reduced to one bourth of 1 per cent which would undoubtedly meet all the ei the government incur on their account yes what we expected of grover a good word for the bankers the national banks holding national bonds are free from all taxes on such bond while the poor fellow here in ofden as well as elsewhere pays 25 mills taxes on the dollar the national banks on their bonds pay nothing but draw 4 per cent interest from the government and then the government allows the banka to issue paper money to the value of 90 per cent of the bonds they hold and tee government only charges them 1 per cent for printing and gua an teeing the paper money 1 and now great geover conies to the front and wants that little reduced three fourths and wants the banks to issue paper money to the full value of the government bonds they hold ll illione for the rich not a red for the poor not one word in alio entire message can be found favorable to the poor we had hopes that the president would recommend that a great canal or perhaps coseye good road scheme be built at once in order to put the millions of starving people to work but no the poor fellow will have to be satisfied until he owns a bank then lie can also get recognition here is a sop to the silver people I 1 do not overlook the fact that the can cell atlon of the treasury notes laened under he act of would leave the treasury in the actual ownership of silver to coin nearly in standard dollars ahl silver democrats look at it 11 you will let grover redeem the treasury notes in gold then end not until will grover remember the act that of silver now lying in the treasury vaults might be coined into stand ard dollars poor deluded silver democrats how proud you enst feel when you read the views of your great chief on silver the silver can feel proud a little later on when they indorse great grovers money scheme we hall be wise if we realize that we are financially ill and that our restoration to health may require heroic treatment and unpleasant remedies we wonder it there is any one in this broad land of ours who thinks that be is wise because he knows that his pocket book is empty grover tells the truth when he says our restoration w health requires heroic treatment and unpleasant remedies and that it la an awfully unpleasant remedy eliat he suggests for the cure tomorrow we will take up a few of the remaining cointa of the heroic though unpleasant coee adminis admi nii to the |