People's Pilot, Volume 5, Number 39, Rensselaer, Jasper County, 2 April 1896 — Why Is It? [ARTICLE]

Why Is It?

The New York World, which has created no little consternation among the gold gamblers in Wall street and members of the administration in Washington by its exposures of trickery and favoritism in the recent bond transactions, contains the following leading editorial: “Why is the senate so reluctant to act upon Senator Peffer’s resolution for inquiry into the ‘facts and circum•tances’ of the bond sales of 1894, 1895 and 1896? “The need of such inquiry is imperative, as the World has abundantly tfhown. The facts as they stand fill all honest minds with doubt, distrust and suspicion. Unexplained they constitute a scandal. “The president and the secretary of the treasury have pursued courses and given utterances which tended strongly to discredit the country and impair It* financial standing. They have raised foolish questions as to the national good faith. They have manipulated the finances in secret dickers with their friends among Wall street financiers! in such fashion as to turn over assay millions of public money to a group of speculators.” The government officials are in colJaafesi with the bankers to rob the peo'lteep bf the two old par* ffiae before the people.