The record-union., 1894-08-28
San FRANCISCO STOCK MARKET,
SAN FRANCISCO. Aug. 27, 1894.
VOICE OF THE PRESS.
Plain Words Frankly Uttered by Pa
cific Coast Papers.
TAntioch Ledqer1


Asa sort of experiment, and in obed-
fence to popular clamor, it is urged that
the Government might az least foreclose
it's mortgage on the Central and Union
Pacific. and own and manage one trans
continental road. This would undoubt-
edly Just suit the corporation that is now
managing the road, but it places the Gov
ernment in position where II could be
severely pinched by the other railroads.
1t goes without saying that if the Govern
ment goes into the railroad business it
must go the whole hog. Ii would be just
as reasonable for the Government to con-
fine its mail delivery TO a single trans
continental postal service. If the Gov
ernment would get control OF the entire
railroad system it must buy all, for it
manifestly would not be fair to confis-
cate This would pile up debt that
would cost the people at least million
dollars a day in interest. While we
would be paying a million dollars day
in interest for the privilege of owning
and operating railroads, would there be
any assurance that the schedule of
freights and fares would be lower? AS
before remarked, experience does not
assure US that the Government can do
business as economically as the private
individual.
THE PASSING OF THE POPULISTS.
ISanta Cruz Sentinel
The recent State elections in Tennessee
and Alabama, in which the Democrats
were victorious, present conclusive evil
dence that the decline and fall of the Pop
ulist party has set in. In each of these
states, there was fusion between the Re-
publicans and the PopulistS, and in each,
considering the falling of in the aggre-
gate vote as compared with 1892, the DEM
ocrats rolled up large majorities. The
rlrsT.4
boasting, predicted a long lead in each of
these states, and in Tennessee, where the
Republican party is vigorous and well
organized. the combination would un-
doubtedly have run the Democracy close
if the PopulIsts were anything like as
strong as they were in 1892, but the result
shows an easy victory for the Democrats.
In Alabama, where the Populists com-
posed the bulk of kolb's followers in 1894
as they did in 1892, there was large fall
ing of ia his strength this year.
PoPULIsM AND INCREASED LAwLEss-
MSS.
Seattle acknowledgement
Mobs are frequent in the Southern
States, largely because Southern news
papers apologize for them. and citizens of
influence suIfer with indifference that the
men who compose them should work
their VIII. Lynching is increasing in the
Northern States Tor the same reason.
Men have been lynched during the last
year in Ohio, Pennsylvania. Indiana,
illinois and Iowa.
This increase of lynching in States like
Iowa and Illinois, where ten years ago it
would have shocked the moral sense of
the community, is contemporaneous with
the rise and growth of Populism, which
breaches lawlessness, lavishes vitupera-
tion upon the courts and passes resolu-
tions OF sympathy with rioters and MUIR
derers.
OF course this deliberate education of
the people to despise law and the courts,
to give the right hand of fellowship to
anarchists and nurderers, has had its
natural effect. The so-cailed people"
seek to be a law unto themselves at every
opportunity Iawiessness breeds law
lessuess. Out of Popuiism springs the
morbid growth of secret political society
who have in this State, as there is little
doubt. lynched a political opponent as
| ruthIessly as the Southern ku-kIux do q