Cleveland had issued the bonds which Harrison had refused to issue; he had sold $62,000,000 of these bonds at private sale, at midnight, to J. P. Morgan and his associates; the price was less than that which the negroes of Jamaica were getting for their bonds!
August Belmont was Morgan’s partner in that infamous deal. Therefore, when Cleveland and Belmont got so close to Parker that he couldn’t breathe without touching them on either side, the suspicion became violent that the same Wall Street influences which had pledged Cleveland to a bond issue had pledged Parker to the same thing.
There is no reasonable doubt whatever that Parker’s managers had pledged themselves to another issue of bonds.
How could these bonds have been issued? Easy enough. Cleveland had invented the process by violating the law; and the Cleveland precedent still stands.
To get more bonds, you only need another President who will take orders from Belmont and Morgan at secret, midnight conferences.
Then there was John G. Carlisle. Among political shrubs which are aromatic, none smells sweeter than he. Not by any other name would he smell half so sweet. Carlisle was the Whisky Trust representative in Congress, who made so many speeches for Free Silver and Tariff Reform. Placed in Cleveland’s cabinet he crawled at the feet of the gold-bugs, and he wrote a new tariff for the Sugar Trust, which enabled those robbers to take annual millions from the people in repayment for the thousands which the Trust had put into the Democratic Campaign fund.
This man, Carlisle, was exhumed and brought to New York to make another speech for “Reform” and for Parker!