Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1895-03-08
THE NATIONAL CAPITAL.
Causes Of Agricultural Depression
Crime of the Age-senatOr
Platt's dabble.

SIhhhC Va NhO h6C
Platt's Gabble.
Washingtony Mch. 8.-The majority OF
the special committee of the house, ap.
pointed to inquire into the causes of the
agricultural depression, has prepared are
port saying that since 1860 the purchasing
capacity of the dollar to secure the farm
er's land and what he needs has increased
fourfold, while its power to pay his taxes
and debts has remained at stand still.
Discussing the causes of the depression
the committee says: "Class legislation
OF the worst character encumbers the
statute books and has been carried on to
the detriment of agriculture and its de-
PEN dent industries for thirty years, cul-
minating in.the crime Of the age--the de-
monetizatfon of silver in 1873. The de-
monetization of silver was the bold stroke
in the interest of capital that has reduced
the value of every product in the world.
This is conclusively proved by the fact
that just as silver has deprecated in like
proportion have all other values fallen in
scale. The tariff system of taxation is
not only unequal, but, as for the past
thirty years administered in this country,
is most un just to the consumer and has
built up trusts, combines and gigantic
corporations that have not only amassed
immense wealth at the expense of the
people, but assumed to control and direct
legislation SO as to perpetuate their
power and crafty their greed"
Tn oopura ro1iof thu oor, ~, aa cuDoast,
First, silver should be remonetized at
ratio of 16 to l; second, SO long as the
present unjust and unequal system of
protection exists agriculture should re-
ceive its just portion and this can not be
secured by protective tariff and bounty
on exported agricultural staples should
be allowed similar to that on fish in 1882
for which John @. Calhoun voted; third,
gambling in futures should be prevented
by law; fourth, national pure food law
should be enacted. The minority report
is being prepared.
SENATOR PLATT's sENsELEss GABBLE.
Senator Platt, of Connecticut, said to-
day in an interview that very little could
be accomplished by legislation to relieve
the distressed condition of the country
until after 1885, when he hoped the Re
publicans would be in power in all
branches of the government. He said if the
measures, the consideration of which has
been blocked, should be brought forward
in the next congress they will doubtless
come in shapeless mass calculated to do
mischief. The financial situation may
improve. We hope for bimetallism and
we also hope for improved business con-
ditions. If we should succeed in securing
that would solve the trouble
and much diminish the friction which
now prevails with reference to the silver
question.
DIRECTOR HoLMAN's VIEWS.
II should not advise any young man."
said the veteran Mr.. Holman, of Indiana,
'to enter public life. There is nothing in
It. reach this conclusion after al ex-
perience covering a period of nearly
thirty-five years. From financial stand
point, at least, it does not pay. I have
lived frugally since first came to the
36th congress. but have never been able
10 save penny out of my salary"
"You leave congress, then, as poor as
when you entered it?" asked hearer.
"Poorerw replied Mr.. Holman with a
smile. "My farm of 100 acres. which is
ew miles from Lawrenceburg, on the
ohio river hills. is not worth as much to-
lay as when I came here, while 1 have
1othing to show for my long service"
"What are your plans for the future?"
vas asked.
II shall 60 back to my farm and try to
make living out of it. I hope can do
hat"
Mr.. Wilson will seek a brief rest in New
York City during this month, returning
n time to qualify as postmaster general
IN April l. Jerry Simpson, of Kansas,
'xpects soon to start on long lecturing
our to the Pacific slope, and Mr.. Springer,
If Illinois, will leave Washington some
ime in the spring and locate in Chicago,
where he proposes to make his home.
PRESS REPORT ROW.
The grand jury of the supreme court
If the District of Columbia has returned
IN indictment for criminal libel against |
Jharles A. Dana, editor, and William NJ.
Iaffin, publisher of the New York Sun.
The presentment sets forth malicious mo-
ives of Dana and Lafflin in criminally
ibelling Frank B. Noyes, proprietor of
he Washington Evening Star, and one of
he board of directors and executive COM
nittee of the Associate Press.
A LONG STANDING PROBLEM.
The supreme court of the United States
vas engaged yesterday in listening to ar
,uments in the case of the Last Chance
dining company vs.. the Tyler Mining
company, which comes to the court on
writ of certiorari from the court of ap-
,eals from the 9th circuit. Both mines
re located in Idaho, and the suit in
1olves besides the question Of priority of
ocation the effect of broken end lines
md the more important point as to /
whether the owners of mining claim
lave the right to follow their Lodges out
ide the surface lines of their property
vertically.