The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-06-30
The Chief Cause.

The Chief Cause.
The New York World IL accustomed
10 speak out no matter who 10 hurt b
the truth. says the Evansville Couries
liz knows, @ every thoughtful pers0d
docs. that the trouble 10 business circleI
is due to downright dishonesty and
roguery daily practiced BY ''respectableI
business men, more than TO the Shermal
law or any other law relating TO our cor
rency.
"Imperfectly informed ZEAL" says th(
World, "prompts certain nswspaperl
still 10 insist that the Sherman silver 10
10 the sole cause OF the present finaucta|
lstringsncy.
"An incorporate and uncsndid parti|
sanship inspires the repeated asser tionI
of Republican organs ths; The trouble 4
dne TO popular distrust Of the Democratic
party. These newspapers are doing
hurt to business In precisely the degre(
in which their contentious are accepted
by the unthinking. II Is . time whe@
the first step towards recovery should
involve frank recognition Of the efici|
ent cause aud sincere effort TO remov(
IL.
THAT cause is the prevalence and sas
federation OF swindiiDg iu the name O(
business. The silver purchase law ha1
helped TO weaken foreign confidence ID
our currency aud iu al that depeOd(
upon currency. II has helped TO driv(
gold out OF the country aud to induc(
the withdrawal Of foreign capital froul
here. But II 10 not the sold
cause OF these things.
"All confidence. foreign and d0mettic|
has been undermined aud weakened b
the Tremendous swindles perpetrAted bl
trust conspirscies and nowhere punishe(|
or even threatened by the law. Th(
lcordsge trust, the whisky trust and th(
Reading conspiracy have robbed iuno|
cent investors OF many millions by pro}
cesses as infamous % those Of the buncd
steerer or the green.gO0ds man. YET
these swindling concerns have their eel
cur tiles listed upon the stock excnange|
Their manipulatoss are men prominent
in business, society and church. MOI
one OF them has been sent to jail, though
they have been violat0rs of the crimins|
law. They are even at this mOmeL
openly planning new swtndles unde1
plans Of reorganizA ION designed to MAKE
one dollsr appear t. Ne Two or three tol
q sufficient time O. enable them TO uuI
load upon the un~sry.
"And these are but samples Of th(
criminal conspiracies We permit TO did
port themselves as 'busipess' and 'indus|
trial enterprises. There is the suga|
trust, whose paper issues Represent ID
man knows what. There Is the Geaers|
Electric, which must be spoken Of Oull
in whispers. There are scores OF oie|
honest, illegal, criminal conspirscieI
with hundreds of millions Of fraudu|
lent stocks and bonds represented by NJ
adequate value anywhere, but hoattn(
upon air bubbles that may burst upo1
any touch Of mishap.
"Theso facts stare bankers aud pru|
dent business men In the iace anu bt1
them pause. IL II any wonder that th|
foreigner withdrsws his money from iu|
vestment In country where soch Prac|
ltices are tolerated? 10 II not wors|
than folly to ignore these facts. and fo|
the sake Of tickling . narrow psrtisan|
ship to attribute the grievous results 4
an alleged popular distrust Of the Popu
lar party2 Is II not . mistake to diver
\ attention from the truth by attrtbuttn(
to mischisvous law alone condttio1
.lfor which the Law. bad - It is, 10 only 4
part responsible?
"The remedy lies in telling the who'll
,ltruth and prosecuting the knsves who's
! exploits Of fraud have wrought distses
and threaten calamity. When We sen(
big swindlers 70 Jail - We do petty re-
,cais, and conduct our great exchanges q
. an honest basis our. business 0utorprise|
! will inspire confidence again"