The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1895-02-16
. little less then s62 900 600 in bonds

little less then S62 900 600 in bonds
will be issued hearing per cent in
terest, and by this a SUN slightly In
excess of SG5, 5000, 900 in gold will be
realized. THIS will increase the
amount in the treasury TO a little over
SI00,000,000. The privilege is re-
served to the government to substitute
at par within ten days from date for
these bonds others paYahie in gold and
only bearing 8 per cent interest. If
congress should adopt The latter plan
it would save to the country Sl6,l74,
TO In 80 years, the da:e of the una
tu,ity of the coin bonds. Will con-
gress have sufficient financial sense to
adopt the latter plar3
One man who has just returned from
Salem has learned while there that
Mr.. Dolpa is an enemy Of an open
river, and is in favor of corporations.
This he says, is thf reason Of the oppo
TO his election. B ,sbl For the past
twelve years Mr.. Dolph has been in
the senate, and during that time larg-
er appropriations have b. en- received
for the improvement Of the Columbia
river than ever before, the Walula-
Portland land graot has been forfeited
to the government and the title to the
military wagon road grants has been
definitely settled. NJ. Dolph's record
on public questions is open for inspec-
tion, and the boilers at Salem should
study this carefully before making
their wild charges against the senator.
The San Francisco Examiner prints
a story today that Admiral Bsardslee
has taken possession of Pearl harbor
and declared protectorate over the
Sandwich islands. This is not gener-
ally creditsd. and may he nothing hut
a sensational rumor. President Dole
has proved himself equal to any
emergency, and the little rebellion was
soon quelled by bis promptness. There
can be no necessity for a protectorate
over these islands, except the United
States intends to annex them whether
the people desire il or not. Life and
property appear to be safe, and the
infant republic does not desire to be
taken under the wing of this country
to be kept out of the cold or wet.
Secretary Gresham is about to inter-
fere on behalf Of the Americans who
hlve been sentenced to the extreme
penalty of the law for completely in
the Hawaiian revo ution, and who
we're found guilty BY a military tri-
bunal. The protection of citizens 10
admirable in any government; hut
those owing allegiance to foreign
country should be- very careful how
they behave themselves in the land of
their residence for they must be amena
Bile to law. If the Americans engaged
in the revolution have heen found
guilty under the laws of the new re-
public of a capital crime they must
sutf-r .he consequence. In the Sand
wich islands, or any other country,
Americans should enjoy no greater
immunity than the subjects of other
nations.
The Yamhill Reporter says: But
two weeks more remain of the legis-
lative session. Little of const quence
has been accomplished, and perhaps
there would not be much to regret ON
that account if the legislature should
adjourn tomorrow. But the danger Is
that the usual amount of legislation
will be rushed through during the ex
p,ring days, withou. proper considera
tion. The senatorial squahbIe has
ruined the prospec: of any very valu-
able Legislation Th-re is no encour-
aginff prospect of getting that AMIGA
bly, settled either. The factlous min
Gritty have shown utter inakility to
agree upon candidate of their own,
and thev refuse to support man who
represents the views of the majority.
Whether they will keep up their op
position to The extent OF denying the
state representation in the United
States senate, few more days will
determine. In that event it wonld be |
another case of biting off the nose to
spite the face.