The San Saba news. [volume] (San Saba, Tex.) 1873-1966, 1889-04-12

Ant1t artlclee VAL be Reproduced IN tlle1'
colalans, believing that a reading Of then
VII be beneficial TO our people. Preser. {
the peperE containing them, that "a
may re-read when the articles haso an
appeared. They are mastery argrls.l eil -
ir0ia n0n-partisaH, but purely inue p ''ll-
dent view Of the subject. We noPe u. l1
readers VIII enjoy these artaies' ar we
laFe.-ED. SAY SABA NEwsJ
NUMBER sa-
Every effect Is, q course, preee-
ded by its produsing cause Dur
ing the last tn or twelve years
there has been a loud and bitter
cry for employment and for better
pay when employed Rather than
: meet this last demand. thousands Of
cheap Iaborers have been brought
from the crodwed countries of the
Old World; Europeans and Asiat-
les are employed here because they
would work more cheaply than the
native born laborers. OF course
the difficulties and distress were
increased by these means, matters
went Cd from bad to worse until
the lsboring population were
brought to the very verge of revolt
ing, peacably if they could, forei-
bly, K they must There was no
mistaling the low yet deep muir
murings that we're heard On almost
every side, and the occasional but
disastrous outbreaks that from
time to time occurred, as at Pitts
burg, Chicago, and elsewhere. It
was easy TO understand the mean
ing and foresee the result These
outbreaks wers ell wrong. They
cannot be justified nor approved,
and yet there was cause for griev-
Gus complaints, and to point out
this cause and suggest a remedy is
the leading object Of this series of
articles IN a paper read more or
less attentiFely by not less, per-
haps. than from eighty to one hun
dred thousand people, many, per-
haps 8 majority. Of whom may be
regarded as belonging to the high
y respectable and useful class Of
prodacers; men and women labor
ing with hands. and head, and
hear, TO promote their own and
other peoples interests; and, with
out the labor Of such, the whole
eoaatzerasuulliiI.sszsss saaDly come to
e dead ssand-still
To getat the matter intelIigeutly
and fairly. and IL It's true and prop
er light, We have been compelled !
70 deal largely with the past and
with the past We must remain at
least with this number, If not IN
the next
Resuming the subject where It /
v1s left Of at the last number, the
I step IN ths legislation benefit /
one class to the detrilnent of
her, was the Act IL July, 1870, /
iding for the refunding Of the
National Debt; that Is to put It in
the form Of bonds OF stocks bear
ing interest To a large extent
this had been done years before,
when bonds were first issued, but
the time was limited and was soon
to expire. It was therefore to the
interest Of the bondholders that
the time be extended, but to do
this the debt must be refunded OF
funded again and for this purpose
the Act Of 1870 was passed, and
carried into effect Let the reader
bear IN mind. ID No provision
vas made for the payment of the
debt only for the payment Of the
interest % The people of this
country - for al the public money |
comes directly or indirectly from
them = have already paid In in
terest On bonds enough, and more
than enough TO cancel the whole
debt l3l And now with large 4
surplus n the Treasury lying idle,
betHeen Sven and eight hundred /
millions o these bonds cannot be
paid al ate the beginning Of the
next century; hat is, til abcat
1907 OF s - yethe interest has
10 be paid annual. and every
man who buys an artie- on which
there was q government y belns
70 pay this interest. Il b,rs en-
al IN proportion as they use sved .
articles. And here we are Ju4-e
minded that member Of the pa
eut Congress processes to ha"
made the discovery that this re
funding bill never passed Con
gress IN the form in which it ap
pears On the statute books; says
has been changed 50 as to maxi
fhe bcnds payable after thirty year
instead Of previous to that time
About this We say nothing. ]
may not be 50, but u either case
does not affect the case now. Az
other member Of the present Cor
gness introduced a bin providin
for the funding Of the entire del
Tor t-s moderate { p term Of IF
years, SO thai our children and o
.1.tlI,-as,tc ,.Is 1rar, rre,,- haze Il