Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1878-02-27
THE SILVER BILL.
Numerous Opinions from the Press Of
the Country.

the Country.
TINE FOR REFORM.
New York Tribune.
Incidental expenses of the democrat
ic congress: Stopping the funding of
bonds, $l7 ,0OO 900; paralyzing the bust
ness of the country, $5,0OO,O 900; total to
date, $22,OOO,0OO. The country. de
mands reform"
FROM DARKNESS TO DAYLIGHT.
New York Grarhie.
Even RECOMMENDATION will not bring
good times Mt once, but it will serve rs
brake on the wheel of disaster; it will
probably stop any further shrinkage,
substitute hope for despair, revive cred
it and turn us from the darkness toward
better time.
GREAT CRY AND LITTLE SILVER.
Marshall American.
The silver bill as passed is not res
tOration, nor will it have the effect upon
the price Of silver to make it equal with
gold, which it could have Lad were sill
yer placed on equal terms with gold.
The limitation is practically to $1,000
600 per month, or $24 100000 per an
num- Sherman will not exceed the
minimum. While the legal tender Of
the amount issued is unlimited, the
limitation in amount, as compared with
gold, is practically less favorable than
the 80 per centunl compromise broach-
ed some weeks aso-that is, to make
gold and silver join. legal tender for
any debt.
AN ASSAULT UPON THE FOUNDATIONS OF
PROPERTY.
New York World.
The authors of the bill may amuse
themselves now if they can with specu-
lations Us to the IMMEDIATE effects of
this measure upon the relative value of
gold and silver, and as to the other in
cidental and trivial results of this first
successful assault upon the foundations
of property in the new world. But the
day is not far off when they will learn
what it costs the individual citizen Of q
great country to acquiesce in course
of public action which, in the emphatic
language of such plain man of bust
ness and common sense as Senator Nc
Pherson, of New Jersey, "shames law
and pollutcs morals"
A TRIUMPH FOR THE WEST.
St. Louis Republican.
The passage of the silver bill marks
the first signal assertion of western in
fluence in the financial legislation of the
countryside first determined and sue
cessful effort of the west to think and
act for itself in this important depart
ment of the national government. 1t
is not to he wondered at, perhaps, that
this western assertion is regarded rs an
act Of audacity. 1t is not strange that
the east cannot look upon it without an
impatience and anger that breaks forth
i'll dcnunciations of western people as
regulators and violators of the public
faith. Eastern statesmen haye so long
assumed to lead IN all legislation on
finance, and western statesmen have 80
long been content to follow with docil-
ity, that reversal of this order Of pre-
cedure looks like Instruction
DON'T EXPECT TOO MUCH.
Louisville Courier-J ournal.
Meanwhile, the relief afforded by the
reconciliation, although it will be felt,
will fall short of the popular expecta-
ton. Our readers will bear in mind
that we at least have not held up the
silver dollar rs Il cure-all. On the con-
trary, we have regarded it with most
protesting and divided confidence, if not
with distrust outright. Upon these
grounds we supported the bill which has
passed.; that silver was inconsiderately,
if not unfairly, dcmonctized; that the
InI, TOOL a.
which embraced silver; that we are the
greatest silver-producing country in the
world, and that the reduced value of
silver is no fault of ours. These were
the considerations, mainly, which NOV
ed us, and they were the considerations
which procured the overwhelming ma
jority just obtained. We hope, and we
believe, that reconciliation will increase
the value of silver, reducing somewhat
the value of gold, so that the difference
VIII not be SO material.
TIME WILL TELL.
Cincinnati Gazette
1t is not worth while to talk about a
veto. That would be vain thing. 1t
would carry no more weight with the
two-thirds majority in congress than the
popes bull against the moon. Presi-
dent Hayes may follow the example of
President Lincoln-return the bill
signed, accompanied bva veto message.
Even if the bill had not two-thirds
vote, but had passed by large MAORI
ty, it is doubtful whether the president
would deem 1t his duty to veto it,
Time alone can determine the effect of
the silver bill upon the public credit
and the price of gold. There seemed
to be no scare in New York on Satur-
day. Gold actually declined fraction