The great West. [volume] (St. Paul, Minn.) 1889-18??, 1893-06-23
EDITORIAL BRIEFS

TIN failure Of Calico Charlie Fos-
tor, ex-Secretary OF the Treasury.
proved sumner to the 6nancierA
With such "Napoleons Of nnancen IS
Erastus Wiman. H. H. Warner, G. ".
White, Warner Miller and ex-Secretary
Foster going to the wall, the fnanciers
OF lesser magnitude may begin to
realize the dangers confronting them.
IF they do not see the handwriting
on the wall" it is because Of binding
prejudice.
The change in the editorial manage
ment of the St Louis Republic has not
changed the policy Of that paper on
the question of himetalism-in fact it
10 more aggressive than before in OPP
position to the gold-bug conspiracy in
the East. This is an agreeable disap-
pointment to many readers of that
paper, who naturally considered that
Mr.. Jones' deposal was the result of a
condemnation of his policy.
IT IS rather amusing to witness the
attempts of the plutocratic press to let
Ex-Secretary Foster down easy, and
break the force of his failure, by in
venting all sorts Of excuses, but the
fimsiest of all is the assertion that the
ex-secretary gave such assiduous atten-
ton to his duties in the treasury de-
partment that his private interests
were neglected. Bah! Sensible people
do not believe that He. overreached
himself, and by reason of the money
stringency was unable to meet the de-
mands upon him. The truth is Mr..
Foster is no wiser or ADLER financier
than thousands, yes, millions Of other
men in this country. He is the victim
of vicious system of q finance
that he, himself, has lent no
small amount of influence in
foisting upon the country, and the
people who realize its evil effects are
more inclined to laugh at his misfor-
tune than commiserate him in his
financial uptripping, It is said his
approximate q million dol
lars. AS his victims view the wreck,
they, too, may find food for earnest
thought
The Populist State admins tration
in Kansas is looking after the trusts
in the State in q way that is refresh
ingly encouraging. The latest move
is against the bankers for combining
to fix rates, exchange and discount
which the Attorney General says is in
violation Of tho State trust law, a
letter has been sent out by the
Attorney General to the County At
tornies calling their atten ton to the
existence Of the trust, and directing
them to proceed against all bankers
against whom evidence can be OBJ.
tanned. The penalty is iine Of not
less than 500 nor moro than 81, 900, or
for not less than six
months or more than one year, or
both. As was to be expected the
bankers are furious.
RUSSELL SAGE gives the real char
acter Of that infamous quarter tensely
when he says. mo man has any bust
ness in Wall Street who can't deceive
his best friend" OF all the men who
have operated in the street there are
none perhaps who are better qualified
to speak than Russell Sage. Rascality
and shrewdness have ever been con-
sidered prerequisite qualifications to
success in Wall Street, but it is sur
prising that men like Sage will 40
knowledge it.
PEOPLE who have kept close watch
upon events in Russia for ten years
will wonder what the Car has to re-
joice over in celebrating this week, un.
less it is because he has escaped assas-
sination at the hands of his Nihilistic
subjectA He is bestowing many presl
ents. but the best one he could give
would be liberty to his people. which
will come eventually if it requires the
assassination Of dozen Cars.
THE assault Of the St Louis Repub-
lie on the proposition Of State bank1
Of issue is significant. It logically con.
cludes the scheme is of Eastern origin
to satisfy the demands of the West for
an increase Of currency, and yet bene-
At the East by preserving the gold
standard. That paper shows clearly
the poison lurking in that scheme in
citing the fact that not dollar Of
Western money would pay q debt in
Massachusetts; that the gold standard
would 10 preserved, and that imitation
by State bank currency would be .
curse instead of q benefit to the peo-
pie.
INGALLS,, the Kansas statesman out
of job, never allows himself to re.
main in obscurity for any great length
Of time. His latest claims to popular
notice is q letter in the St. Louis Globe.
Democrat Of May %, in which he
tackles the ever-recurring negro ques-
ton, in which he admits. that the
effort to give an equal political power
to the colored voter Is . failure, and
that deportation alone will solve the