New Ulm weekly review. [volume] (New Ulm, Minn.) 1878-1892, 1891-01-21
The Opinions Of our Exchanges.

,
late too much, and we trust the present
Legislature will give attention strictly
to the quality of its:.laws rather than to
the quantity.-Le Sueur Sentinel.
Already is the lobbyist at work in St.
Paul, laying his plans to defeat the bill
providing for free text books. The I'm
ion will be sorry for the legislature Of
1891, if it defeats this important meas.
ure. The people of Minnesota are as a
unit for free text books, and they are
going to have them. Paste this in your
hat.-Anoka Union.
A lot Of St. Paul real estate sharks
are clamoring for a state board of i'm
migration. We had one of those insti-
tutions once and all it did was to blow
the bugle of the twin cities and the
country Immediately tributary thereto.
Southwestern Minnesota speaks for it.
self-requires no blowing--and is fast
getting a good farmer on every quarter
section section of her rich prairles.
Fairmont Sentinel. s IS
Tuesday New Orleans was the Mecca
Of the sporting fraternity of the United
States. Hardly city of any size in
the country but what will have one,
and most Of them many representatives
there, at an expense of from 1925, to
$500 each. And for what? To see two
men beat and pound each other until
one of them is unable to respond. All
this, too, under the influences of nine
teenth century civilization and Christ
ian teaching. Bull fights and other
brute exhibitions are becoming alto
gether too tame for this progressive and
intellectual age.-St. Paul News.
The collapse of the great harvester
trust is undoubtedly due to the discov-
cry on the part of the largest combin-
ing companies that the laws Of the
United States and some of the states
would interfere seriously with the con-
SUN alton of their scheme and with
successful conduct of their business. It
is an opportune time to call attention
to the antitrust laws and to ask what
party is responsible for their existence
on the statute books. The answer is
the Republican party in almost all cas-
es. Give it the credit for this legisla-
ton in favor Of the people. 1ti'as&sal-
ways taken an advanced position in
legislation for the benefit of the masses,
while the Democratic party has opposed
or taken an extreme measure after the
Republican party had adopted q wise
and conservative course on the same
subject and passed laws, which could
be enforced without injustice or great
injury to vested interests. .-Moorhead
News.
One of the severest lessons to be
learned by the times, is the imperative
necessity of a return to a greater hon.
esty in the basis of all business ven.
lures. Perhaps the grossest abuse in.
this respect is the almost universal
practice of misusing corporate privi-
leges. Over-capitalization is the most
prevalent form of this abuse.
There are only two methods Of its
complete eradication; either reform or
continuance. The first can only be ac-
cvmplished by an intelligent use of le-
gal restrictions coupled with the moral
support of the people. The second
only by universal distrust and lack
of confidence followed by,a general Ii
quidation after passing through per-
lod of bankruptcy and panic.
The present condition of the none
tary world is more due to false busi-
ness methods than to any other cause.
It is nothing more nor less than gen.
eral distrust as to the outcome Of this
practice. It is the general insecurity
felt in being unable to separate the in
trinsic from the fictitious. The many
grounds assigned by financial writers
are only the precipitating causes, not
the underlying reasons. There is too
much business dishonesty; too much
deception. This can not last. It will
not. One set of men cannot bamboozle
and fool another set of men constantly.
There comes an end at some time. The
panic through which we are now pas
sing is but q temporary halt. # we
would avoid a still greater panic in the
future we should demand complete
reform. Minneapolis Weekly Post.