Morning journal and courier., 1893-08-18
NOW AND THEN

"In multitude of counsellors there Is safety" it Is said. Sometimes this Is the case. Let us hope 1t will be so as regards Congress. This Is evidently regarded as a harvest season for talking by the new democratic members of the House and not a few old ones have the fever and want to spread themselves. All the new members are anxious to make their mark. Most of them can do so on paper, and good many can do good deal more than that from an educational and intellectual point of view. This Is not, however, @ remarkable con- gress for scholarship from @ democratic standpoint, nor for brilliant records in stateoraft. But ali who can talk want to be heard from. They want their names to go down to posterity in the Congressional Record, at least, as having spoken on the silver question. They want their con- stituents to know that they are doing something in Congress. Hence the big array of members who are booked to speak in the present debate. All cannot talk, or debate. Some of the ablest men in the body, men who have made their mark in trade, in business, in financial enterprises, at home, are in one respect like Thackeray, who, brilliant az he WAS ss 0 novelist, was utterly at sea when called upon to make speech of any kind in public. But as for orators in congress, they are few, and the dreary waste of attempted orstory that confronts the nation in these dog days and amid the universal depression of busi- ness is painful for most people to con- template. As said leading New Haven democrat yesterday, "Why in heaven don't they repeal the Sherman bill and help the fall trade" The west Is the pro- ductive ground, the stamping ground for silver men. It Is well established fact that wherever e community or state has ous-has existed long enough to accumu. late wealth, to have large amount of trade, manufacturing or commerce, there hard money and the gold basis is sppreoi- ated and has a firm foundation in the economic principles entertained; and a sound financial policy prevails. In the East the gold standard theory took root long ago. As the country extended west ward, the storm center of the silver erase and of wild cat banking moved accordingly in the same direction end in the pro- portion that sparsely settled communities sprang up. The silver craze fourishes in newly settled regions of the country, and as fast as theee regions become populous and business develops, just in that pro portion sound financial theories advance tc the front and the people begin to per ceive that there must be solid fnsncis foundation for the nation.
 All old citizens can remember easily tht time of the State banks, prior to: the es tablishment of the National banks II those days the west and south had { badly deprecisted currency. Missouri's ol Indiana's bank bills, for instance, were ir the east looked at with askance. In fact
 the bills of many states, Middle, Wester, | and Southern, were refused by banks ant | people in the east, except at big dis | count, snd at the railroad and ferryboa | ticket offioes, the stores, the banks and 8
 all places where money passed to any e1 | tent, 1t was constant necessity to keel
 posted by means of official publications a
 to the value of the bank bills in thos
 states. The democratic party has, ss lait
 down In it's platform, an eye to the restor
 ation of wildcat banking under, as they in
 terpose, some sort of new fsngled safe | guard. But our national banking systen
 of to-day founded by the republican part
 in the days of Lincoln and Chase, how i'm
 measurably superior to that of the ol'
 days. All the national bank bills to-da
 are good for 100 cents on the dollar iron
 one end of the country to the other
 Every dollar of this currency Is based on
 security than which none in the world
 better. Don't let down the bars.