The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-06-29

| proportion Of the immigrants return to
| Europe. The number in 1889 was nearly
| 100 900. More than half of these probably
| come to America again, but those who
remain permanently in Europe are usually
the drones who shrink from competition
with the wide awake American people.
| Gan extended experience demonstrates
the fact that only natural immigration
results advantageously. immigration slim
ulated either by the importation of contract
| slaves, the misrepresentation of transpor-
tation agents or the fanciful pictures pre-
sented by the agents Of land grant railroads
has resulted only in disaster and harm, both
| to the deluded victim himself and to the
community at large.
whether this mighty stream of migra-
| ton should be checked or not may be a
| debatable question, but certainly the
standard OF the immigrant has been greatly
| improved during the past decade.
GEORGE STARR,
Commissioners of immigration"
Eastern capitalists generally, and Wall
street in particular, are greatly exercised
| over the silver bill Still, even in the event
of it becoming q law, they do not share the
fear expressed in some sections of the coun-
| try, that the unlimited free coinage Of silver
| would be the means of producing a panic or
of demoralizng the finances Of the nation.
l talked with several prominent financiers
on the matter. Roswell ?. Flower said the
east took the situation complacently.
"Of course we are in favor of silver
| said he, "but not of unlimited coinage.
The democrats in congress and the business
| men of the east look at it in this way
l have team of horses, one of which is a
| strong, willing, reliable nag, while the other
| is a tritie balky and somewhat slower Still
/ am not going to put off the second horse
| on that account; | will rather make them
| pull together, and will make more head
way with the two than with one, be-
sides being able to pull a bigger
load. So we want to do with the two
metals-keep them in harness and let them
pull together. 1t is mistake to suppose
| that the democrats fear to make the paper
issue legal tender They would go for uu
limited coinage. provided they could draw
| in half as many greenbacks as they paid
out silver, so that by and by this problem
would be worked out, the $346, 600, 900
of greenbacks called in and the cur
rency would be in gold and silver
| 900 of gold now held to redeem green backs,
and would be just what the country needs.
| But the amendments to the silver bill have
| left the democrats without any option, and
| they have been forced to oppose the bill.
| The south and extreme west call for silver
but to-day, if we had free silver here, we
would be sending to Europe and paying for
that silver, petroleum, corn and gold. 1t
| would make gold a commodity and would
| tighten money. Our idea would be to keep
| these metals together IL posslblen
Mr.. Flower added that the issue of 81, 500 =
| 600 in silver per month at its gold value
would meet the present financial require
| ments. England is watching the silver bill
| with interest. because, he explained, its
l -
| of her obligations here. On the whole, he
didn't believe there was any real cause for
| alarm, and the talk of panic in any event
| was nonsense.
''Silver is our baby" said G. P. Hunting.
| ton, the millionaire head of the Central
| Pacific railroad, sand we ought to nurture
it carefully. But there is such a thing as
too. much nourishment. There certainly
could be no objection to "a 500, 900 month.
As an American product, silver should be
dealt with literally and encouragingly, but
at the same time carefully. l don't think
the bill in its amended shape can become a
| law"
| Banker Henry Clews thought it singular
that Wall street should take fright at q
measure for free silver coinage and redemp
| ton in gold instead of in bullion at it:
market value; but it did scare, neverthe
| less, and people rushed off incontinently tC
sell stocks, while the price of silver dropped
The silver question rules the street at pres
emit, and he thought that the Inconsistency
| and confusion arising from its influence
hipdered rather than helped the situation
| There was really no need for alarm, though
if the Senate bill became a law, there woulC
| unquestionably be q large European selling
| OF American securities not payable in gold
| On the whole. the general impression
| among business men is one of apprehension
that free coinage means a wild imitation of
| the currency and an increase in the price of
every commodity. Not a very pleasing
prospect east and south, however favorably
California and the trans Mississippi states
may regard it.
In spite of an unusually wet spring, and
of the fact that no less than three street
cleaning commissioners have followed each
other in rapid succession, the thoroughfares
| of Gotham remain as dirty as ever OF the
byways and the innumerable lanes, alleys
and rookeries of the city. where disease and
dirt hug each other, 1t is quite useless tC
speak. The truth is that there is not now
and, since New York was village, never has
| been any adequate attempt at systematic
sanitation. This being the situation, the
news that cholera is raging at the Mediter
ranear ports, having worked its way west
ward by yearly stages, is not regarded
here as particularly reassuring. Thess
ports do quite trade with New York
steamers laden with fruit, oil, wines and
olives from Palermo, Valencia, Naples anc
Girgenti and other points along the infected
district coming here regularly. Although
| there has been already some discussion
among the local medical authorities al
to the probabilities of cholera crossing the
Atlantic this year, there ID nothing like
apprehension. This very confidence, how
ever. may prove a snare, aud it would be
quite in keeping with the record if New
York woke up on some humid morning IL
July or August to find the dread visitor a
| its sea-gateS or even within its walls
Travelling on the air, it leaps hundreds anC
even thousands of miles. Constant vigi
lance at quarantine would avail little
unless our cities were at leas
cleaner than New York is at present. Ii
1882 it came upon Gotham like thief al
night, and found the city totally UMPIRE
pared. Thence it spread to Baltimore
Philadelphia and st. Louis, and was mo-
wholly stamped outfor two years. 1t cam,
from India 30 Europe in 1S47 aud next veal
leaped the Atlantic to New York. Thu
following spring 1t broke out in Philadel
phla and other eastern seaboard cities; trav
eled down TO New Orleans and thence III
the Mississippi and west to Califor
i ME With the enigrsnt trains It tool; si,