Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1889-12-03

andthe public treasury has been com
PEELED to store it. But this is mani
festly owing to the fact that its paper
representative Is more convenient.
The general acceptance and use of the
silver certificate show that silver has
not been otherwise discredited. Some
favorable conditions have contributed
to maintain this practical EQUALITY in
their commercial use between the gold
and silver dollars. But some of these
are trade conditions that statutory
enactments do not control and of the
continuance of which we cannot be
certain.
think 1t is clear that if we should
make the coinage of silver at the pres
ent ratio free, we must expect the diff
ference in bullion values of the gold
and silver dollars will be taken &C.
count of i'll commercial transactions,
and fear the same result would fol.
low any considerable increase of the
present rate of coinage. Such a result
would be discreditable to our finan-
cial management, disastrous to all
business interests. We should not
tread the dangerous edge of such a
peril, and, indeed, nothing more
harmful could happen to the silver in
terests, and safe legislation up.
| on this subject must Sc
cure the equality of the two
coins in the commercial uses. | have
| always been an advocate of the use of
silver in our currency. We are large
| producers OF that metal and should not
dlscredlt 1T. To the plan which will be
| presented by the secretary of the treas.
ury for the issuance of notes of ceftif-
| Gates upon the deposit of silver bullion
at its market value, l have been able to
| give only haSty examination owing to
the press OF other matters and to the
fact that 1t has been so recently form,
ulated. The details of such a law re
| qulres careful consideration, but the
| great plan suggested by him seems to
satisfy the purpose. To continue the
| use of silver in connection with our
currency and at the same time to OBJ
ylate the danger of which | have
| spoken at a later. day
may communicate further with
congress upon this subject
| THE CHINESE EXCLUSION.
| The enforcement of the Chinese ex.
| clusion act has been found to be very
difficult on the northwestern frontier
| Cinnamon landing at Victoria, find il
easy to pass our border, owing to
| the imposslbliity with the force at com
mand with the customs officers of guard
ing so long an INLAND line. The sec
rotary of the treasury has authorized
the employment of additional officers
who VIII be assigned to this duty and
every effort will be made to enforce the
law. The Dominion exacts head tax
of so for each Chinaman landed, and
when these persons in fraud OF our law
cross into our territory and are appre-
hended, our officers do not know what
to do with them, as the dominion au
thorities will not suffer them to be
sent back without a second payment
of the tax An effort will be made to
reach an understanding that will re
move the difficulty.
THE SEAL FISHERIES.
The proclamation required by Sec
ton 3 of the act of March ., 1889, re-
lating to the killing of seals and other
fur bearing animals was issued By NE
on the 2lst day of March and reserve
vessel was despatched to enforce the
laws and protect the interests of the
United States. The establishment OF
a refuge station at Point Barrow, a:
directed by congress, was successful,
accomplished.