The advocate., 1890-12-31

and great host OF tho leading business men
throughout the country are nnally convinced
that more money Is needed for the safe transao-
ton Of the monetary and commercial AFFAIRS Of
our country.
This need OF more currency being, thon, ad-
mitted there remains for discussion, arst the
amount OF currency the country may need
second, how II shall bo issued,
Upon tho hrst point we shall have but little 10
say, although II Is tho most important point 70
be determined within the range Of financial dis
cussIon, since 10 nx by law the limit Of the
amount OF money a nation needs for lts CONNER.
cial uses and convenience IL 10 lay the iounda-
tlon for staple values on all property and com.
mOdltles.
In this article we are only exercising the
privilege OF an humble citizen 10 criticize and
question the political wisdom Of Senator sher-
mans relief measure
II the late disasters teach the leaders OF the
republican party anything tis that there is a
strong and still growing stronger sentiment OF
opposition 10 the national banks. That there
are two things about which the people are In
earnest free coinage OF silver and tho issuance
OF United States treasury notes as money for the
people. Whether the feeling Of opposition 70
the national banks is founded In any good rea-
son, We are not questioning, or, II the free coin
age OF silver and issuance OF treasury notes,
direct TO the people, is q good principle OF
finance.
We only ask Is the protest Of this great body
Of voters, who have lately shown their perfect
organization and huge strength, not only TO be
unheeded, but to be again assalled by unwlse
and dlstasteiu Legislation.
Instead Of Cancellation, blOws-lnstead Of free
coinage Of silver and United States treasury
n0tes-larger and increased facilities for the per-
petuatIOn Of the national bank system. Instead
OF the republican party being In touch with the
sentiment Of the people, II is drifting away In
stead OF leading and finding way ont, II Is a
luggernaut TO be dragged after them
What our nation, admittedly, now needs, Is
more money for the convenience Of commerce
We need II now; wo need enough to answer the
demands Of trade-tO stir into activity stagnant
industries The few millions that are now pro.
posed by tho senatorial republican caucus will be
absorbed without any lasting good effect
We need at least one hundred and hfty millions
more currency, and we want II soon.
The three hundred millions OF silver now In
Washington can never be got out among the
people az a CurTenCy-nO one Ia insane enough 90
believe that II can The vaults In Washington
are simply mausOleums In which 10 bury forever
the silver dug out with such infinite labor among
our mountains.
With an increase OF Si5O,OOO,OOO we will not
have as much AZ nation OF O5,OOOOOO people
ought TO have.
Mr. Maxwell Phillips Of Salina also
has this to say in the Capital on the
inquiry, "Why and What Of TIP
Why was this popular uprising against the
republican party this year2 And what OF It,
anyway?
! am not quite satisfied With the answers given
TO these questions by the leading republican
papers OF our slate; and as an alliance ropubll.
can, who voted the republican ticket, ! offer an
opinion. Whatever the trouble is, II clearly Is
very widespread, extending over the whole Coun-
try, at least over the middle, western and south
ern states. A considerable part Of the demands
Of sub-allianceS over the country differ widely
one from another so that taken together they
express only one great fact, VIZ, hard times and
In consequence deep popular discomfort. But
they do express this much, and express II with
an awful earneslneSs.
Mr.. Phillips thus concludes:
II effective measures are not passed this win
ter, the detection from Che republican party Is
sure to increase.
Perhaps the Capital might write
one more editorial fSvoring national
banks.
TOO MUCH BOASTING ON MR.. KELLOGG's
VOTE.
mi L