St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-11-09
SILVER CIRCULATION.


the treasury department shows large in
crease of silver circulation for the month OF
October over any preceding months. In
addition to the 50, 400, 900 coined during the
month the treasury has been able to put out
81, TAI, 966 of the silver dollars formerly
held, and at the same time has reduced the
circulation of silver certificates by $780,
944. Nor is this all. 1t has been able to
put into circulation S67s, 35S of the frac-
tional currency, and SIT, 021 of the minor
currency formerly in unavailable funds.
These facts indicate that the most impor-
tant change that has been essential in dis
posing of the silver question is to have
some one at the head of the treas
ury department who is willing to
give the silver dollar fair showing. There
is no trouble about silver circulating if it
only gets the chance to get into circulation.
In fact the indications are that the country
would be entirely satisfied to have all the
silver that has been coined forced into cir
culation and the gold retired to the treasury
vaults. The policy which the treasury has
pursued in respect to silver has enabled it to
add largely to its supply of gold not covered
by certificates outstanding. The amount of
gold held has increased only S1Os,234,
but the amount of gold certificates
outstanding has decreased so, 1T, 030.
So palpable is the wisdom dislayed
by the treasury department in this respect
that even the New York Commercial Bulle-
tin, which is welded to the gold-bug idea,
is compelled to applaud it, although it seeks
to delude itself with the belief that the ben
eft is not permanent. 1t says: "The in
dicatons are that about 500, 900, 900 of these
certificates may be held permanently in
circulation, with the volume of trade such
as it is, and will not involve material loss
in gold receipts. This being the fact. the
secretary exposes the treasury to no loss by
permitting little more free employment
of the certificates, as the demands or the
convenience of merchants and bankers may
require. The large increase in amount of
silver coin employed, though it cannot be
reckoned permanent benefit, is at least
temporary relief to the treasury, as it ena-
bles the secretary to increase his stock of
gold at a time when such an increase was
much desirable. The supply of legal ten
ders in actual use outside the banks appears
to have been increased about $1,000, 600,
and the increase in the silver dollars in cir
culation has also been about So, 400, 900.
This expansion in single month is strong
evidence of real increase in the volume of
business throughout the country"
A FIELD FOR MISSIONARY WORK.
What an edifying spectacle it is to see the
Athens of America reveling in the filth of
that malodorous TABER divorce suit! Mis-
sionary work of some kind is sadly needed up
that way.-Minneapolis Tribune.
Yes, just about as edifying spectacle as
it is to see the Athens of Minnesota revel-
ing in the filth of its Republican police de-
partment. The feeble attempt on the part
of the two Republican morning papers of
Minneapolis-the Tribune and Pioneer
Presto shift the responsibility of the mall
odorous condition of the Minneapolis police
department from Republican shoulders by
alleging that one of the prominent parties
to the scandal is fallen Democrat is ex-
ceedingly thin. In the first place the mu-
nicipal government of Minneapolis is Re-
publican, and consequently responsible for
the character of all the city officials. In
the second place the Democratic party is in
no sense responsible for the conduct of
deserters from its ranks. Good DEM
ocrats never renegade. A cardinal princi-
pie of the hard-shell Democracy is the
doctrine that once in grace always in grace.
Once Democrat always Democrat. And
twenty years of successive Republican rule
in the national government taught the
fOrcible lesson that Democrats never have
chance to hold Office under Republican adj
ministrations. Consequently, whatever
may have been the antecedent political
history of any member of the Minneapolis
police force. they are now one and all Re-
publicans and the Republican administra-
ton of that city is responsible for the dis
graceful condition of affairs which are
shown to exist there. The GLOBE sticks
to it that the kind of missionary sadly
needed over that way is an honest upright
Democratic administration.
DEATH OF JOHN MCCULLOUGH.
The news of JOHN MCCULLoUGH'S
death, in one sense, will be relief to the
II 1 r. l., Al