The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-03-06
CURRENT PRESS COMMENT.

To tamper with the currency is one of the most dan
gerous steps government can take. and whatevei
places in doubt the convertibiy of the paper issues
is tampering of the worst kind. There is reason
why the country should not have the best currency
that the experience Of man can devisei but whom
this great power of mischief given to Congress
cannot but fear for the consequences.-New York
Herald .ss a .s-s. .s .4-.
IN the meantime while Minister Sargent is doing
his best to make himself useful, the whole diplomatic
system ought to be abolished There is use in try.
ing to patch up for the whole system is worthless
While the consular service should be extended in all
directions in consideration of the future commercial
interests of the country when better policy shall pre-
vail, this government has for dplomatists to
dance attendance at foreign courts or to be snubbed
when it shall suit the whm of Bismarck any 9th.
err servant of absolutism.-Ph Philadelphia Record
THE solidity of the South and the taken to
tin other words the Democracy of the South
far from being the hope of its industrial prosperity
stands to-day insuperabe bar to Southern devel
opment and growth 1t repes immigration and keeps
away capital that would otherwise seek investment in
the South. 1t is holding the South back and increasing
every year the difference already very striking in the
wealth and development OF the two sections The
South should pray to be delivered not from Republic
anism, but from the blight of Bourbon Democracy.
Philadelphia Press.
THERE are white reporters of such improper char
that they boycoted by tact consent and get
news except that which is all the worlds. More
than any other workmans, the reporters de-
ponds upon his personal gentlemanness and address,
his accuracy and reliability of character, his prompt
and his skill in making acquantances and gain.
ing access to avenues of information. If the colored
reporters of Philadelphia have these requisites they
will succeed in spite of their skins and the prejudice
of rivals; if they have not they will not annoy dis
turb anybody and will fail-Louisville Commercial
IT is the belief of many English as well German
fnancers that after the United States ceases silver
coinage as France and Italy have done, it will not be
long until England cries; Hold enough! and asks for
international commission to establish am interna
tonal bi-metac union which will maintain the rela,
tive velue of gold and silver money. And when
again undertake to carry ont policy important
thai of the restoration Of the silver dollar let
it that the law is to be administered by men who are
put IN
and not for a few syndieates of favored bankers in
Wall street.-Chcago Tribune.
IT is one of the striking proofs of the democrat
zng force of the idea that promises opay can by law
be made actual payment, that after the application of
that idea has cost the country millions of dollars and
produced financial depression severe, lasting,
and calantous than had ever been known in his
tory it at the end of of years breed in the
minds of the Supreme Court a doctrine directly op
posed to the words of the Constitution, avowedly
based upon the theory of sovereignty held at time
when there was not a considerable republic in the
world, and bestowing upon Congress power which it
did not dare to claim in the stress of war-New York
Times.
! UNDER the terms of the second legaltender decis
ion the legaltenter issue was fixed quantity in
respect to its maximum limit, and most useful
and unobjectionabe element in the currency system.
The whole greenback question is again reopened by
this third decision, and there is the inextricabe fact
in all the tangle of conflicting dica from the Supreme
bench that the highest Judiciary in the land has de-
creed that it shall hereafter remain open question
and permanent menace. No nation has ever sue
cecded in sustaining the value of paper money by
making it legal tender and parties to contracts
ming for some years into the future would probably
be wise risks by express stpuations for COIN
Louisville Courier-J ournal.
UNDER Tildens leadership we should have no fears
of the result. In opinion Samuel j. Tilden is ir-
resstible before the American people. Elected
and kept out of Office by what is confessed to
have been nonstrous crime his appeal to the public
sense of justice and right would be overwhelming
His nomination would subordinate the tariff ISSUE
and it should be- to the issue of reform in the adj
ninistraton of the government. Instead of moving
inst RepubllCauS abstraction
our own party is divided and the general public at
doubt should under his leadership close ranks and
declare for clean government and a common country
against twenty years of Republican misrule eorrup
ton and scctonalism.-Atlanta Constitution Dem)
WHAT makes the position of England not only
anomalous but positively grotesque is the fact that
while General Graham with an army is making
in one quarter Of the Soudan General Gordon without
an army has been at Khartoum proclaiming peace
What a strange sequel to the reception of the English
peaeeinuker at the capital of the Soudan is tho
slaughter at Tebl General Gordon announced his de-
termination to withdraw the Egyptian soldiers and
the Bashi Bazouks, and to leave the tribes to rule
themselves without nolestation On the coast Osman
Digma was fighting for the same privilege which
accorded at Khartoum, and what encouragement has
he received from General Graham? battle with
500 warriors slain And General Graham like
General Gordon is noninally carrying out the policy
of the Liberal government which two months ago
and presumably it has not been changed-was
the pacific evacuation of the Soudan!-New York
Tribune.
THE decision of March g. 1894 may as well DO &C.
cepted final settlement of all questions relating to
the power? OF Congress Mh respect 70 e 80
may as well be accepted as finally settled that Con
gress may make anything legal tender, from scrap
of paper old button mold to gold coin and that
it may do this at any time, and expand the issues OF
vaueess legal tenders to any amount 1t may as well
be understood, for all that all questions relating
to the exercise of this power political and not ju
dical 1t is public opinion acting upon Congress that
will ultimately dispose of the question whether Con
gress should make ntrnsiealy worthless things legal
tender and il to what extent There is no question
of law left in the 1t is all matter of economic
expedency and if Judge of the future by the
past the country will have to pass through some dis
agreeable experiences before it will be generally
derstood what is expedient. Chicago Times