Democratic Sentinel, Volume 13, Number 30, Rensselaer, Jasper County, 16 August 1889 — The Surplus and the Banks. [ARTICLE]

The Surplus and the Banks.

Apropos of the statement of Secretary Windom, that “the great bulk of the surplus is in the hands of the banks, to be used by the people,” and that “the money in the banks is about the same as when Mr. Fairchild was Secretary of the Treasury,” it might be pertinent for the organs to reproduce some of the able articles they printed during the late campaign abusing Mr. Fairchild for these deposits. It is true that the policy is indisputably the right one under existing circumstances, and that Mr. Windom should be praised for not disturbing it; but it is no more right now than it was a year ago when the Republican organs insisted that it was w’rong. — Philadelphia Times.