San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1894-10-13

| e5,OOU year salary In congress Is what
they are looking out for. They have
their eye on the gun and the money too.
Money is powerful influence these days.
| Whenever the people in the south that
have gone wrong on this question, get the
straight OF IL, there is going to be a whole
lot of explaining to do. We are In favor
of honest money both gold and silver,
as money, with plenty of currency based
on both metals, but regulated in such a
way by Law, so that a dollar of one Is Just
as good as any other dollar at all times In
eXchangable value. AS long as the coin
age and issue Of money is regulated in
SAFE and buSineSS-lik manner, there Is no
danger Of depreciation of one, or an APP
probation of the other, as far as their ex-
changable value is concerned. But If the
! government were TO adopt the idea of the
10 10 l crankS, we would soon be in the
tnroes OF another panic, even worse than
the last one. 1t is the stamp of the gov
eminent, and its ability to redeem and
! pay ltS obligations, that makes our silver
dollarsa as good as gold. But, If you legis.
late Tor the government beyond its appa-
! rent ability to redeem its pledges, Won
then tread on dangerous grOund-just the
same as merchant would In business, il
he issued mole promises to paw than he
! could possibly meet. Under such circum-
stances his paper would depreciaUe in
value, according to his ability to pay.
double standard of gold and silver
money established on single basis with
out an International agreement is prac-
| tically impossible, Without such An
| agreement you might establish both on
an equal basis today, but the fluctuations
in the market value of the metals,
| would require a change, of ratio every
little while: When you speak of a
double standard, that means that the
metal In both dollars must be OF equal in
trinsic value, and that is something YOU
can't maintain without an international
agreement, or as long as either of those
metals remain a commodity in the mar
| ketS of the world.
Some people who are always advocating
an imitation of the currency. They think
that whatever the government stamps,its
seal on, Is money,-no matter how much
as stated before, it would be as long as
it did not go beyond its apparent ability
to pay, but we will for the sake of argn-
mentS. suppose ii was. If so, what use
would there be in wasting time and mate
rial making one, two and five dollar bills.
why not make all hundred or thousand
dollar bills. 1t would not take any more
material or labor to make one thousand
bill than 1t would to make one dollar
bill. Why not make it even in much
larger denominations, and all be million
aires. If the government could stamp
and issue money that way does it continue
collecting taxes to run on it; why not
make the money by the wholesale and
pay its expenses and send everybody an
installment OF greenbacks once month?
l asked my inflationist friends, if the
government presses worked night and
day and turned out millions every TWEEN
ty-four hours, how would you get anv of
it, if you didn't have something to get it
with?
STATE AFFAIRS.
In state affairs, several questions Of
great Importance, require the immediate
at tention OF the incoming administration.
We shall not interpOSe any objections
to any advantageous reforms, advocated
by the state Democracy. We are all citi-
ZenS of Texas, and as such, we should not
only feel deep interest in our own well
fare, but also that OF the state at large.
Therefore, | will only aSSail them on
those points that we know are iniouitouS
and inconsistent. There are some reforms
advocated by them, which meet with orr
thorough appreciation, showing very
plainly that they are gradually drift
Ing our way upon those points, | shall
have very little, If anything. to say. But.
it is the weak spots in their platform of
many promises that need showing up be-
fore the people, so they may understand
the position we occupy on these cues
tiOnS.
Take Section2 and 3 in their platform,
in reference to Cleveland's action at Chi
cago during the great strike, that is good
k;epuoncan Doctrine S something we have
opposed by the leaders of the Democratic
party. They have never until recently
admitted and realized the fact, that
while all states have rights which are
bound 10 be respected, yet at the same
time the federal government has rights
which all states must respect. The rea
son for this recent change of sentiment
can only be attributed to the fearless
leadership of President Cleveland, who
has thrown himself in the, van of the
Democratic party, and is so far in ad-
vance of their mOSsback ideas that it will
take the majority OF them about twenty
years to catch up.
Section 4, relating to the money queS-
ton, is also splendid Republican doctrine
and we are pleased TO know that the
Democratic party is making long strides
toward getting right on that great QueS-
ton. They are following in the foot
steps of Senator John Sherman admitted
by Republicans and Democrats the best
authority on financial matters in the
United States today.
Section 5, denOunCeS all attempts to
secure special protection or privileges for
any particular classes or classes, as unwiSe,
unpatriOtic and undemocratic. What does
that mean? ! cOnStrue IL to mean, that
the "GOrman Brice" Senate bill which
has just become law by limitation and
branded as an act of party DOrtidy and
party diShonor" by a Democratic presi-
dent, and denounced by leading Demo-
cratic papers throug hout the country,
that it Is not what the people voted for In
1892. 1t means that the Senate of the
Senate of the United States is
branded as a gang of special privileged
manipulatorS" for trlfling with the affect
ions Of the Democratic party. We don't
blame them much for feeling that way,
as we have about come to the conclusion
that there was too much financial and
political iobbery and jugglery among