Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1895-02-21

XttttH n 0hGFS ~. las ~
Nl!EEnMHgkstN warrants him in ex-
s-DuurNA pressing the belief
Es9y486 lNH97 EI81S that it will continue
U1WM tJnSMp to go steadily on. un-
E--@x1 til the nOrmal condi-
~ f"H~1"mTu~ ton has been oIv,
R 1FTE;5: d IP|!p!$:: s: Gee: !: : ;::::;; @ !: +: !: !:
WY situation. He does
t believe that the country is going to
e "demnition bow-wows' or that i; ia
hywhere near that place. Though, u a
lturaily optimistic nature, Mr.. E.cEcls
sufficiently conservative to refrain from
pressing any opinion under which he
Is not u good solid ground for founda-
bn.
he IS in daily communication with the
Ational bankers, and it seems as il every
be of them felt called upon to give his
binion as to the condition of affairs in
$ particular section of the country, all
which is very agreeable to the Comp
|oller. His correspondents are the ablest
en- of the country. They have carved
lcir W way in the world. and have
rhicved a prominent niche. They do
BIT give their opinions for the purpose of
tlblicat!on or to achieve any Interior end.
hey merely write them as bits of sos-
p. thinking they will interest the Comp.
oller. These national bankers. receiv-
$ their information from business men
their respective communities. who
(me to them for loans, probably probe
ore clearly into the very heart of the
pubic and condition of the general public
fan any other class of men. 1t is their
howlc9gc. given with the honest purpose
supplying the Comptroller with accu-
te information of national affairs. which
rms the basis of Comptroller Eckels'
Union.
The chief trouble which the present con-
ton OF affairs is causing the country is
e spread Of fear in Europe that our ma
pnal credit is in q shaky condition. The
port has gone abroad that we are not
maintain gold payments. and American
ecurities, held in such enormous quaint
es by foreign investors. will be paid for
silver or some deprecated currency.
his naturally creates apprehension and
Pstrust. The Presidents message has
nd a wonderfully reviving effect on
urope, according to private information
Fceived at the Treasury Department.
md many men and corporations of great
fealth seeking investment, and who a
ponth or SO < were doing their best to
ealize on their American securities. are
DIV perfectly willing to hold them. There
e plenty left, however. who fear that
is Congress is not to be trusted, and
at some legislation dangerous to the
ability Of our national credit will be in.
fgnrated ere the final adjournment. This
cling possesses. in a slight measure. IL
w American bankers. They are. how
err, OF the timid class, and though their
elings may be extended to their Gus
mers, the damage will not be SO very
Pat.
resident Cleveland appreciates this
ling. both here and abroad; ut q recent
binet meeting he expressed himself as
ng strongly opposed to an extra ses-
n: so strongly, in fact, as to warrant
u in informing his associates that there
(uld be none. unless some unforeseen
(ergcncy should arise. The President
es not believe that the prospect of Sc
ring party advantages alone would war.
pit hin INJECTING an extra session Of
lnsrcss upon the people. The situation
st take on a much darker hue. 1t is
belief. based on communications from
Pple in all parts of the country. that
at the country wants is a rest from
kngress. He further believes that the
covery Of business will be more rapid
members of Congress are Mt home. in.
a of at the national capital in session.
lie shares Secretary Carlisle's belief that
Ae revenues will 0 be sufficiently large
3 meet the Government expenditures.
md when that is proved to the general
ktisfaction confidence will strengthen and
be need for further issues of bonds dis
ppear. Such is the situation to-day.
Employees Of both houses of Congress
e spending a good deal of time on their
PEGS. praying that an extra session will
pit be called. No particular love of coun-
actuates them in their desire. 1t is
nrely personal with them, though they
lay possibly think that their own per-
pnal benefit will indirectly add to the
enefit Of the country. The fact is that
p extra session means the cessation of
peir present jobs. If there is no extra
ession their terms of employment will
pntinue until Congress meets in regular
Fc0SOu ucAl OeCelllDeT. 4uuI MCuUS the
)ss or gain Of just about nine months
elary to them. Should the Fifty-fourth
congress convene In session Immediately
tier the close of this Congress, new Off
prs would doubtless be elected by the
rnate, which 1t is expected will reorgan-
K, inasmuch us the Democrats are no
niger in the majority, and the employees
Pw enjoying soft positions at remunera-
? prices will have to seek other en-
oyment. And the seeking of other EN-.
oyment to'a man who has enjoyed a few
bars in the service of the United States
enate is about as disagreeablc a job as
Ter confronted q politician.
The day after the last election Logan
~hrlisle, Chief Clerk OF the Treasury, re-
lived applications from ninc-tenths of
e employees of both Senate and House.
hey had hoped for Democratic success
the polls, and had gone to bed the night
fore wondering If their hopes were to
realized. They were up before day
leak and read the answer in the stars.
hese told them they must seek other
bees ere the incoming of the Congress
ected the day before; and ere the sun
ID risen their applications were pre-
lred for positions in one of the Govern
ent departments. Some Of these appli-
nts win be provided for, of course, but
m~paratively few, because the depart
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