The San Saba news. [volume] (San Saba, Tex.) 1873-1966, 1889-04-19
VOLUME XIV.

: without the help of the other.
Z .. We complain against an unre
. stricted, unlimited immigration
OF laborers from other countries
under contract or otherwise, unles
they come of their own will, Oh
their Own means, with physical anc
pecuniary ability to help them
selves, and fully intend to adjus-
themselves to American institu.
tons, laws, custom and life.
4 With all due respect, we dc
here ss in the above aasas ao-,
pialn against the great majority OF
the multiplied unions, confedera-
tons, combinations, trusts, and or
CARNATIONS and societies Of various
kinds now existing in this country.
They may have done, and may now
be doing some good, but after 8
careful, and, as we think, a candid
and impartial inquiry into the his
tory Of their origin, modes of oper-
alton and results, we honestly be-
lieYe the evil preponderates. OF
course we may be mistaken, but
such is the conclusion we have
reached after long continued and
patient examination. What led to
this conclusion We cannot with
propriety now stop to tell you
may do SO at another time. But
in any event we believe itstill true,
that the importation of contract Ia
borers was one of the greatest mis-
takes that has been made and the
seTerest blow received by the home
laborers.
We turn now to another branch
of the general character of the sub
iect That is
THE DENOMINATION OF SILVER.
If the history Of this transaction
as it has reached us be true and we
believe it is, then this was one of
the most glaring and palpable out
RACES in all the series of outrages
we have undertaken to notice. At
ter all had passed of which notice
has already been taker, after re-
funding the bonds, which cost the
holders about sixty cents on the
dollar and making them payable
in gold, thus opening the way for
the most reliable and safest invest
ments this country ever afforded,
the investor could rest in peace.
The government held his property
in safe-keeping, nor charged him
cent for the trouble. The whole
nation was responsible for pay
ment, and every wage worker, with
others, was directly or indirectly
taxed to pay the interest. The
government collected and paid this
interest in advance, exempted his
bonds in taxation, insurance agents
and tax-colIectors were useless to
him and why should he not eat,
drink, be merry, sleep in peace,
and be happy, if earth could make
him so? But the greed for gain
was not yet satisfied, and the next
step was to destroy the money val
ne Of silver, for which purpose an
act was passed by Congress in 1873,
the effect being contraction of the
currency, the prevention of the
payment Of the bonds and the in
crease Of their value. What the
motive was is not for us to say.
But there was a history connected
with this that should cause a blush
on every American brow. This
scheme for the demonetization of
silver was not confined to American
Listen: In the Bank
er's Magazine of August, 1873, we
have the following:
q In 1872, silver being demone-
tized in France, England, and Hol-
land, a capital of 100000 was
raised and Ernest Seyd, of London,
was sent to this country with this
fund as agent of foreign bond
holders and capitalists, to effect
the same object decentralization
Of silver which was accomplish
ed"
Now what about this 100000?
What was it for and what was done
with it? II was, we believe, DR.. 7.
Coke, who said, ANY man may be
bought if you can find his price"
Was this S5OO,OOO sent here to buy
up Congressman? Let US not think
50. Yet Congress did what was
desired. But still further:
In the Congressional Record of
April 8, 1872, may be found the
following:
Ernest seyd, of London, dis
tinguished writer and bullionist,
who is now here, has given great
to the subject of coinage,
after having examined the first
draft Of this bill flor demonetiza-
ton of silver he made various
Suggestions. which the committee