The Helena independent., 1893-08-17
THE " EAIli EEs.
NO REPEAL.

The w WlBhlngtOn fost, tne ApAcs'
journal ever published at the national
capital, has steadfastly advocated the
repeal Of the Sherman act, but it is tirsl
of all newspaper, and believes in telling
the truth. After careful and thorough
canvass of sentiment in congress, how
syer. the Post emphatioally announces
that the Sherman act cannot be re-
pealed. It says:
!, There can be no uncertainty about the
position OF the Post regarding the fnan-
eial iepisletion needed in the present
emeYcencv of the country. This raper has
been, is now, and will continue to be IN
favor Of the repeal of the silver purchasing
clause of the so-called Sherman bill. 1t is
in favor Of legislation authorizing the sale
Of bonds to such an amount as will bring
back to this country its share OF the gold
os the world, believing that this Is the
surest way Of convincing Europe that We
intend to stay on tho same currency basis
AZ European nations and of bringing about
IN international bimetallio agreement.
y Such is the position Of the Post. and IL
will continue to maintain that position
with all the vigor 1t possesses.
But what is the real situation? What
ever its honest convictions may be, ii has a
duty as q truthful chronicler OF events as
they happen and Of situations as they exist
that it cannot shirk, nor has it desire to
do so.
The Post proposes this morning to take
issue with the general belief regarding
financial legislation. For some time past
q adetermined effort has been mnde on the
part of those with whom the wish is father
to the Thought to create the impression
that the purchasing clause OF the Sherman
act could and woald bs repealed uncondi-
tional!y.
II is best to meet the situation squarely
and without evasion. The truth is not al
ways paletable; it may not be always a
politio thing to make known. and yet,
when the country is confronted as it is to.
day with condition of extreme danger, it
would seem ns il the time for temporizing
had passed.
The PURCHASING CLAUSE OF THE SHERMAN
LAW CANNOT AND WILL NOT BE UNCoNDITIoN-
ALLY REPEALED.
b Concedng that there may be a slen-
der majority fer repeal in the house,
the Post says: "It is in the senate,
however, that an insurmountable bar
rier has been raised against uncondi-
tional repeal. In this body the friends
Of silver in both parties stand shoulder
to shoulder, alert, absolutely Indifferent
to pressure from any source, and with
the consciousness that their constitu-
ents are behind them regardless of
party. With rules that allow indefinite
debate, the senate is stronghold for
q determined minority. A canvass of
the members of this body shows that
majority is against unconditional repeal
This is not newspaper canvass hastily
and crudely made by representatives of
the press poorly equipped for such i'm
portant work, but an inquiry instituted
by senators representing all shades of
belief"
The Post then proceeds to show that
the plan agreed upon by the friends of
silver is one of delay. They do not pro-
pose to show their strength until the
opportune time comes. They will re-
tard decisive action until such time as
they can pass bill for coinage at an
increased ratio, perhaps twenty to one