, 1874-05-03

|
ready ran over existing tracks, soliciting freight
for themselves; and the business on the prin.
ciple he advocated Was thoroughly understood,
and would be pushed to such perfection BY the
Americana that We should look back in wonder
that re ever gave great belts Of product aud
Senator Jones furthet auoged that tor Il
cents ho ought to be able to ship
to New York; and that the present rates OF
freight from tho Missouri River to tho aeaboard
| were sufficient, under his system. to double the
trnck from the Missouri to the Pacific in COM
paratively ANAL term Of years. He said that,
with the Government possessing merely the
road-bed, no Capitalization, but rather decen-
traiization, would ensue, and every ropd alb
sorbed would lessen the number and power
in tho railroad lobby. The highway would
bo free, and the transporting corporation
! Congress. 1t wac his opinion that the railways
| in general were the victims, With ourselves, Of
the pcosent sy5tem and that the Central Pacific
would become bankrupt. and burst like the
to Improbable points on borrowed money TLese
Companies were merely oboying partial
law OF their development, and reducing
! the work OF the people BY the time it should ba
| only probable new line to the Pacific in our day
might ba an extention OF the Kansas Pacific
Railway from Denver westward.
oUR FORCED DEVELOPMENT.
1u6 Incl III, balQ 0euhEOF Jones. " that there
is no good to be derived from this spasmodic
settlement OF our country in bare spots, drag
ging up to them railways and convea-
iences at enormous expense. Better for
men to settle in Illinois or Towa,
where all such conveniences exist, than
to force tho growth Of tho country in hills Of
beans, OF sudden. datulent, and pesisbabIe
growth. Ilie development Of the interior, 80
much vaunted, means that I shall 60 forward
aud Grasp a eyesy.hinE and you come after md
He added that the gross superstitiona prevail
ing on subjects Like the currency wero begotten
OF this unequal development, which fostored
factious spirit OF soctionalism. Asked about
the future OF Neyada, he said the trouble there
WAS, that every blow OF the pick loft scar, and
not home. Poor men made mistake in moy-
ing to the Pacific Coast, where the drift of
things WAS against them. Thas region required
cspital to develop it; aud tho country west OF
the Rocky Mountains must be co1onized, not
from tho East. but from the Pacific side.
CHINESE ErNIGRAT1oN.
Curious to know how man OF such liberia,
views would face the test question OF Chinese
immigration, I asked for Senator Jones' Views
Of liberal theory at all. It was question pecr-
liar to the Pacific Coast, and rs important to tho
Christian races and civilization there as tho issue
OF tho landing Of African slaves in Virginia in the
early p:rt Of the seventeenth century. The Mongol
and European we're like TWO rivers which roso
side by side and mover mingled. II was difficult
to conceive that the species was tho same. Cruel,
lceutious, dishonest from childhood, and liars
By obligation, the Chinese Possessed none OF tho
plastic traits Of the adaptable negro. They
Knew not the true meaning OF the word homo
wife. or mercy. Alr. Jones instanccd this by say
ing that, on one occasion, he wanted to dine with
somebody. and concluded to hare scme OF the
superior Glass Of Chinese merchants, Amongst
dressed your Board OF Trade in Cl,icaco). THIS
person talked bland1y about America, it's frce-
dom, institutions comforts, etc. rs for superior
to those Of China. 70 und1apa linn, the host
said:
"Sin Lung q, you believe, I presume, as We
do, that honesty IL necessary as an lnculcation
merely, to keep the mote ignorant people from
spelling properly. But you don't think, as q
thing7"
Sin Lung cordially asseatcd that there was
nothing whatever iu it. To face a problem lke |
Chinese importation on the vast scale OF Coolie-
ism, Jones thought az wifu1 in our day US to ac-
eept African importation again. knowing thu pen
altios. He was compelled to take this view from |
knowledge OF all the facts,-nmongst others. |
that Of the propensity Of the unscrupulous mo- I
nopolsts on tho Coast to get rid Of sentient hu-
manity altogether. and deal only with mules and |
Chinese.
JONES oS CURRENCY.
hare not TINT definite knowledge Of Mr..
Jones' opinions to a6cribe them to him in the
first person, aad 1t is unfair to take advantage |
OF public man in that way, who can with such |
readiness express himself. But the following
ia my best remembrance OF his financial views
He thinks Mr. Chase to have boen tyro in
banking and finance, and responsible for the
system OF National Banks which is everywhere |
mutually sensitive, md, from Texas to Maine.
responds to attack or inquiry,--coming forward !
% the relief Of initiation, discountins according
y about election times He told me to look
INTO the fact, forgotten in the lapse OF time that
Chase proposed fractional currency whereof IS
cents should pass for Is in silver, 70 for 50. and
10 forth. Mr. Jones once said to New York
bunker:
"Why did you let Chnse force his greenbacks
Upon you ? Why didn't you keep down to gold
md silver when you had 80 much Of it, hberally
produced and ready for your bonds, so that
without raising prices, ron could have come VIC
:esult OF prices, unchanged?"
The banker told him that Chase compelled the
1doption of the systen, and that, in the presence
# the war-power, capital was compelled to be
ubservient.
Mr. Jones thinks that 1fcCul!och was tho
financial Roundhesd Of the War, though ho doas
rot know whether the morals Of the Treasury at |
hat period wsre not past correcting.
lie thinks that gold note secured by specie, |
9 the proper currency; and that men possessed
Il Specie who choose to do banking, should be
rec as everywhere. Tho country has harder |
ask before it than many suppose, to get back to
he dividing ridge between convertible and incon-
ortiblo paper. But that work should be cour-
geously commenced. no matter what tho ihcon- |
enienco. Inevitable Decentralization was the
rico OF cheating currency. II the Government
epudiated ita notes, how could it call citizen :
tho preyed upon it q thief7
JONES on INFLUENCE. ,
Gail Schurz Mr. Jones admired although he | ,
aid that Schurz's qualities seemed to him those !
t 3 journalist; and, while he made everything !
ound, interesting, and perspicuous, there WAS . {
ar m araftt fn ~ &En I.