The record-union., 1895-05-16

American whist authorities condemn
the practice, says the Oakland Enquirer.
But it must be remembered that clvlllza-
ton ia rather back ward in San Francisco,
and the whist club there should not be
Judged too harshly. Such a practice as
playing whist for money is unknown In
Alameda; probably because the civilized
people who formerly resided in the me-
tropolis have mostly all moved over
here.
ECONOMY.
Vallejo Chronicle!
The American people are declared by
foreigners Of all nationalities to be ma
tion of spendthrifts. This is true of any
nation whose people can earn much more
than a bare livelihood. The really eco
nomical people are people who cannot be
otherwise than economical. Economy is
a science, but most people do not study it
until the schoolmaster takes them IL
hand.
OF STOCKTON.
Stockton independently
Hard times drove good many people
out Of Stockton for time, but they have
been returning gradually until now the
school census shows that they must all
have returned. There are now 313 more
children Of school age than there were a
year ago, which indicates that there are
at least 1000 more people In the city.
Men who have retired to tho farming dis
tricts, where they could live more cheaply,
have returned as employment increased,
or those who have sent their families
away have brought them back as the
times improved. Another evidence of
improved times is the reduced number OF
houses 10 rent. A year ago they were un-
usually numerous. There could be seen
OH almost every block placards on empty
houses, offering them to tenants or pur-
chasers. The number OF such signs Is
greatly reduced now, and desirable resi-
uences are hardly to be had. In another
year it will be hard for new conner to
find house to rent in the city.
THE CANAL.
lSan Diego Union.
If few more nations should signify
their desire to gain control OF the pro-
posed Nicaragua Canal, the United States
may finally conclude that there is some
thing i'm portant in the project after all,
and 60 ahead and build it on her own ac-
count. AS an investment the Govern
ment could not make one that would
please the American people better, even
if all extra bond issue had to be ordered
to meet the obligation.
HOME PRIDE.
[Santa Clara Journal.1
Take an honest pride in the commune
ity you call home. No matter whether
some ono you may not love as a brother
is holding All important position over
you, sustain him in doing his duty and
mauiully fight for him when you see he
is in tho right. BE man. and rise above
personal ckerings and little jealousies
when the welfare OF your town is at
stake.
SILVER CERTIFICATES.
Portland Oregonian.
Though silver certificates are not re-
deelnable in gold coin directly. yet under
Treasury management they are rodeen-
able in gold coin Indirectly; and this 1t ls,
not their legal tender quality, that keeps
them ut parity. 1t is the policy of the
Treasury to maintain all forms of cur
rency at parity. The statutes require this.
Gold being the standard. currency in all
other forms is to be kept UP TO gold. This
can be done only by maintaining eX-
changeability. Now, exchangeability
may be direct or indirect. We manage
it both ways. We redeem notes directly
in gold coin, or redeem certificates in
directly by changing them into notes re-
deemable in it. But gold lies under all,
and must be kept under all, or we shall
have a dishonored currency. The indi-
rect method of maintaining the ex-
changeability of silver certificates is as
effective, up to certain point, AS the dl-
rect method. Anybody can get notes for
the certificates, and then the Treasury
will redeem the notes. The fiat potion
OF money has taken deep root in the pub
lie minu. This supposition that 1t is the
legai-tender quality OF the certificates
that keeps them at parity is purely an
otfshoot of the fiat idea. How IS 1t, II the
legal-tender quality has such mighty
power, that the greenbacks were away
below par during so long period?
PEDDLERS.
Vallejo Chronicie
The Merchants Exchange OF Oakland
is waping war OF fexIermiuution on ped
dlers and '.agents." The peddler nui-
sance has been crying one for years, and
it has grown so that it threatens estab-
listed business houses in our city. Ped
dlers do not help to build up cities or sus-
tain them after they are built. Remember
tha, there is some consideration due those
who assist you. Street iakirS make their
living by "faking"-more or less. Es-
tablished merchants in your own town
are aware of your existence and assist
you. Patronize them and allow sharpers
IN take pot.ltck Established business