Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1895-12-04


to prevent the territory of the United
States from being used as a vantage
ground from which to aid those in
arms against Spanish sovereignty.
Whatever may be the traditional sym
ratby of our countrymen as individuals
with people who seem to be strug.
Cling for larger autonomy and greater
freedom. yet the plain duty of the Gov
eminent is to observe in good faith
the recognized obligations of inter-
national relationship. The performance
OF this duty should not be made more
difficult by a disregard ON tho rart of
our citizens of the obligations growing
out OF their allegiance to their country,
which should restrain them from vic.
lating as individuals the neutrality
which the nation of which they are
members Is bound to observe in its
relations TO friendly sovereign States.
OUTRAGEs IN TURKEY. :
Occurrences in Turkey have con-
tinued to excite concern. The reported
massacIes of Christians in Armenia
and the development there and in other
districts Of frautio hostility to Chris.
tian influences naturally excited appre-
pension for the safety of devoted men
and women who. as dependents of the
foreign missionary societies in the
United States. reside in Turkey under
the guarantee Of law and usage and in
the legitimate performance Of their ed
uoational and religious missions. No
efforts have been spared in their be-
half. and their protection in person and
property has been earnestly and vigor.
ously enforced by every means within
our power. regret. however. that an
attempt on our part to obtain better
information concerning the true condi-
ton OF affairs In the disturbed quarters
of the Ottoman Empire by sending
thither the United States Consul at
Sives to make investigation and report
was thwarted by the objections of the
Turkish Government. This move
ment on our part was in no sense meant
as a gratutious ENHANCEMENT of the
United States IN the so called Eastern
question. nor as an ofiioious interior
enoe with the right and duty, which
belong by treaty to certain great Eur
opean powers. calling for their inter.
venton in political matters affecting the
good Government and religious free
dom of the non M ussulman subjects of
the Sultan, but it arose solely from our
desire to have an accurate knowledge of
the conditions In our efforts to care for
those entitled to our protection.
THE FINANCIAL SITUATION.
As we turn from a review of our
foreign relations to the contemplation
Of our national financial situation we
are Immediately aware that we ap-
proach a subject of domestic concern
more important than any other that
can engage our attention and one at
present in such perplexing and deli
cate predicament as to require prompt
and wise treatment. We may be well
encouraged to earnest effort in this
direction when we recall the 81, ps
already taken toward improving our
economic and financial situation and
when we appreciate how we'll the way
has been prepared for further progress
by an aroused and intelligent popular
inherent in these subjects.
The compulsory purchase and coin
age of silver by the Government IN
checked and unregulated by business
conditions. and needless Of our cur
renoy needs. which for more than if
teen years diluted our circulating me-
dium, undermined confidence abroad in
our financial ability and at last Gull
minated in distress and panic at home.
has been recently stopped by the repeal
of the laws which forced this reckless
scheme upon the country. The things
thus accomplished. notwithstanding
their extreme importance and bened-
cent effects. fall far short of curing the
monetary evils from which we suffer
as a result of long indulgene in ill-ad-
vised financial expedients. The cur
rency denomination Of the United
States, and known as green backs, was
issued in large volumes during the late
civil war, and was intended originally
to meet the exigencies Of that period.
1t will be seen by reference to the
debates in Congress at the time the
laws were passed authorizing the issue
Of these notes that their advocates de.
clared they were intended for only
temporary use and to meet the emer-
gency Of war. In almost if not all the
laws relating to them provision was
made contemplating their voluntary or
compulsory retirement A large guam
tity Of them, however. were kept on
foot and mingled with the currency
of the country. SO that at the close OF
the year 1874 they amounted to $751;
999.078. Immediately after that date.
and in January, 1875. a law was
passed providing for the resumption of
specie payments. by which the Score
tary of the Treasury was required.
whenever additional circulation was
issued to national banks. to retire
United States notes equal in amount
to 80 per cent of such additional