Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1877-11-14
SENATOR JONES AND THE FINAN-
CIERS.

In an age when the press has voice and
exerts an influence in all matters of public
concern, it is a question if it be not actually
shameless in press writer to admit his entire
ignorance of so widely discussed a subject as
that which is treated of in the Bland Bill and
other like measures before the Congress of the
United States. To be newspaper editor is
to be entrusted with the power and duty of
assisting in the formation of public opinion.
Doubtless public opinion is in danger of not
being correctly formed if it be not taught by
the learned essayists and disquisitors on pub
lie economy who write for the newspapers just
what is the best and wisest, safest and most
patriotic course to pursue with regard to the
spending money of the country. 1t is an as
surfing fact that these wise men are, even now,
dealing with this question in most exhaustive
manner. The latest essay in the direction in
Dictated is from the pen of a very gifted writer
in the Commercial Advertiser of New York,
a member of the celebrated Bonanza firm of
Flood & O'Brien, that he does not represent
their views upon the silver question, land that,
therefore he must be regarded pursuing an
erroneous if not disastrous course. The fact
is ingenuously stated that the Bonanzanaires
are very large holders of Government bonds.
The interest on those bonds is payable in
"coin., If silver is remonetized "com''
may mean silver and not gold Hence the
preference and the disapproval Now it is to
be stated in an ignorant way that what Jones
proposes to do is to relieve the debtor class of
their oppressive obligations 20 pay gold, He
is legislating for the tax payers. The larger
part of the tax payers are the people who pay |
the interest on the bonds. Against Jones are |
arrayed all the bondholders and all the other
creditor classes. New England Lombard
street, London, and the Jews of Frankfort |
and Amsterdam are opposed to Jones. The
Sacramento Record Union is very violent in
its opposition to our jolly Senator. We infer
that it speaks the views of the Central Pacific
Railway Company in whose interest it is main
tanned. At all events, that paper exhibits
surprising amount of feeling in its dealing
with this rather abstract question. Also it is
dreadfully learned, is the Record Union. One
finds it difficult to understand how so small a
paper can know 50 much on so perplexing
subject. We note that nearly all the papers
which are opposed to Jones display good
deal of feeling upon the question. Now we
must confess that We sympathise with the
movement to make silver good as gold, in
the money market. Indeed we are free to {
confess that we should like to see the paper '
currency of the country recognized at its face
value by solemn act of Congress. 1t is the
child of National legislation and should be
treated with the consideration of parent for
its offspring. No hardship would result if i
both silver and greenbacks were thus recog- v
nized. So far as the payment of the interest q
on the debt in ''coin" is concerned, the same v
was named in the bonds Jones is legislating v
for the masses. The people who hold the e
mortgages and the bonds are against him. a
The East holds the mortgage and the West is il
n debt. So the MORNING APPEAL is for b
Jones. To this extent do we dabble in f. il
lance and no further t;
THE LATE MRS. DUNN