Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1893-07-04
WASHINGTON LETTER.
lrrom our Regular Correspondent,

would rejoice at the turn Of the gold
tide from Europe towards the United
States, and the consequent improve
ment in the financial situation, but on
the contrary it seems to have caused
them grief. Mr.. Cleveland has ex-
pressed his fears to more than one
man that II the situation continues to
improve Congress might rot repeal
the Sherman silver law as promptly
as it would We're the country in dire
financial distress. II is really God
send to the country that there is al
improvement in the financial outlook.
although it is natural causes and no
act or acts OF the administration that
have brought it about. II the inn
provement continues until after Con-
grcss meets II win have the effect OF
preventing any hasty and ill.consid-
cred financial legislation, which might
easily make things great deal worse
than they are or would be with no
legislation at all.
As no one has championed the
Sherman law it must be assumed that
it is not good law, hut few men who
are thoroughly acquainted with the
situation will pretend to assert that
ats unconditional repeal, that is to
say, its repeal without substitute of
some kind dealing with silver, would
be any Improvement. Conservative
men who arc not blinded by preiu-
dice either for or againt either OF the
money metals believe that Congress
as far as possible should take the
question up without partisan polite
al bias, discuss it from every point OF
view and go deliberately enough to
allow the press and the people time
enough to discuss and digest all the
propositions that may be submitted,
before final action shall be taken. If
this be done some satisfactory law
may be tho result, although it may
not meet the approval of tho extrem-
lists ON either side. The fact should
never be lost sight of that the masses
are always conservative in all things,
and especially SO in regard to nation
al finances, which must always regu-
late the prosperity, not of the East,
nor Of the West, nor of the South
alone, but OF the entire country. III
contrary policy be followed, and
this question be dealt with from
narrow political point of view, disas.
ter will as certainly follow as night
follows day.
And closely allied with the finance
qnestion--more closely than the av.
ersge Democrat seems capable OF
compromising lis that OF the tariff. |
There can be no doubt that the fool
ish talk of certain prominent Demo-
Gratis about the certainty OF radical
changes being made in our whole
tarih system has had more to do with |
bringing about the shaky feeling in
financial circles than everything else
sdded together. While few, il any,
men really believe that the Demo
Gratis will be foolish enough to make
such cuts in the tariff as have been
threatened, such cuts as would il
actually made make thousands of
out of men who are now
fairly prosperous as manufacturers,
large and small, and million tramps
out OF working men now pro6tably
employed, still the making of those
threats has bad the effect of creating
, feeling of dread aud uncertainty ss
% Just what they will do, aud as
4
natural consequence millions OF CAPT.
al that would otherwise be actually
Employed is now locked up and bust
less men are daily making assign
nents because OF their inability to
borrow money upon securities which
lnder ordinary circumstances would S
ave been gladly accepted as collat-
'ral for the money they necessarily
ave to borrow to successfully carry !
IN their business. j
Although it has not been officially :
nnounced your correspondent has it |
rom reliable source that the grand
ary has practically agreed to find
adictments against Ainsworth, Dant, 1
assey and Covert, for manslsughter, n
! connection with the horrible aoci- /
ent at Ford's old theatre. Their
jal will probably take place early in q
le fall session of tho criminal court.
ecretary Lannon'S action in dissolv. d
lg the Army Court Of Inquiry re-
emily appointed by him has been the +
ibJect OF much speculation. OF it. c.