The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-02-14
PETTY POLITICIANS.
"~pooncen senators Triniag With
serious Matter.

! "~Poonoon senators Trinlag With
serious Matter.
IL has been evident almost from IN,
, arst that there has been no intentlo,
In either house of Congress 70 trra
The presidents appeal for Legislation
FOR the relief OF the treasury As any
thing out a ball To bc tossed and bat,
ted in partisan game. Not one rep
resenfativc or senator has risen 70 The
occasion and treated the matter in
q statcsmanlike manner, IS in i'm
portance demands.
Look at the loan bill. The presi-
dent wanted two things: First. au-
thcrity TO borrow gold on the security
OF bond promising to pay gold and
bearing. say. three per cent. interest.
and. second. authority 10 redeem legal
tender notes so that they would STAY
redeemed. The former would enable
him 10 get the needed gold on the
BEST possible terms aud at the least
cost TO the people. The latter would
reduce the amount t. b. borrowed
70 the lowest limit. and thus contrib
nie toward reducing the cost To The
people
At no time has there been mani
rested disposition to grant either
or these things. The house bill provid-
ed for coin" bonds at three per cent.
ana forbade the sales either OF these
or the bends already authorized ex-
cept by public advertisement. while
the house refused to entertain for a
moment the suggestion that when
legal sender notes were redeemed !
they should stay redeemed.
Ihe bill as II passed the house was !
worse than worth less for the purpose
for which legislation was asked.
men the finance committee Of the
rcpublican senate took il and made
IL as bad as any financial measure
could be by converting it into n SIX
Ten TO one fire. silver bill. pure and
simple. IL having now become evident
ma: the bill thus trans formed would
aass the senate some time and then
20 10 the legislative garbage lox II
ias due 10 the public that il should
&c 10 its destiny without delav.
Eut this ~.as not TO be- We have
'ad many dreary days of talk. partly
lhout this miserable bill and partly
lhout the distributions fhay and pump
IN seeds and the end is rot vet The
r~a6Ment stage has not yet been
'assed. The political fine workers
ave ret 10 bring forward the com
romise schemes designed to round up
cr'aip classes of voters.
senator Lodge. republican. has al
eady offered a substitute amendment
aving out all about silver and gold !.
"a authorizing a loan OF Sl00.OO0.000 !
ereenbacAs or anything else that
o'nes handy for the construction OF T
past defenses. Senator Faulkner i re- :
'rted 10 have an amendment up his
ceVe providing that the secretary of !,
&c treasury may borrow gold enough 4
retire the green backs and treasury :
otes. bit that the minis must be :,
'cned to the coinage of silver for the 1.
'nefit of depositors until the amount :.
silver dollars SO coined equals the :
hount OF notes retired. And SEN
or German is said 10 be ready with !,
similar amendment. but providing for =
limited free coinage of silver not
~ during. but forever after. the re- 4,
cement OF legal tender notes.
All this babblc and playing small u,
litics is less hurtful than ii would -,
II there were any probability that IA
y one OF the numerous schemes TO !,
derrnine the public credit should be e..
ccessiul. But it does harm not only
cause 1t discourares the hope of any -,
isonahie action for the in prc~ement III
the currency and the protection of u,
STANDARD. but because there is a pos 80
iiiiy OF mischievcus legislation. like IL,
u OF $50. or worse, and in great ,r,
RIDERS OF transactions possibilities ~.
well ms probabilities have their in II
,nce for good or i'll. If congress- !,
nld let the worst be known and 20 ~
ne. it would render the country a ~
'ative scryice.-Chicago Chronicle.