Kansas City daily journal., 1896-09-15
A. to Inter.t.te Commerce.

Iohi Tue we" IOrk Tribune.
The right Of the United States govern
ment to regulate interstate commerce can
not" says Mr.. Bryan, 'be questioned. and
the necessity for the vigorous exercise of
that right is becoming more and more
imperative"
Yes. A little more than two years ago
young man named Debs undertook to
question that right. Backed UP by an an
archist-pardoning governor named Altgeld,
he violently and riotously denied the right
to the federal government and claimed 1t
for himself. When the government at
tempted "the vigorous exercise of that
right he raved against federal encroach-
ments' and organized something very
much like an insurrection. The federal gov
ernment sent some troops to vindicate its
right to regulate interstate commerce."
and had an injunction issued against Debs
enjoinng him not further to interfere with
interstate commerce. and when he defied
the injunction locked him up for contempt
Of court.
And now a Democratic national conven-
ton denounces such use of force by the
government as "a crime against free in
stitutions," and especially objects to the
issuing of that injunction as "a highly
dangerous form of oppression" And Will
lam ]. Bryan ''unqualifiedly indorses' that
he says. with his best cocksure grandilo-
quence: "The right of the United States
government to regulate interstate COM
merce cannot be questioned. and the neces-
sity for the vigorous exercise of that right
is becoming more and more imperative"
Signs of Business Revival.
From the Chicago Times-Herald.
The financial horizon was luminous with
glowing promise as the business Of the
week closed Saturday. The indications Of
recuperative tendency in trade were plen-
tiful and reassuring. Conservative men.
VINO are not in the habit Of grasping at
illusions, and whose wide experience en-
ables them to discern the transient from
the permanent evidences of Improvement,
are quick to feel the hopeful current tina.
permeateS the business circles Of Chicago.
Expressions of confident optimism come
from a wide range of commercial activity.
The banker, the merchant and the manu-
facturer report signs of a business awak-
ening that are dependable and reliable.
Daily occurrences in the political world
continue to give stronger confirmation of
the general belief that the people will re-
sist the assaults of the repudiationists, and
that the public credit. which is the life
blood of commercial Interchange, will not
be destroyed.
One of the first signs Of actual improve
ment in the business outlook was the rails
ing OF the discount rate from per cent
to 2ka per cent by the Bank of England.
The significance of this movement lies in
the very clsar recognition of the fact that
in the opinion Of the English fnanciers
gold is certain to flow to this country un-
less movement to equalize the low rate
of interest in Europe with the high rate
t. y~fk
augurated.
It also indicates increasing confidence on
the part of European lenders in American
securities, and a growing belief that the
honor and integrity Of the American peo-
pie can be depended upon to crush Popu-
lism at the polls in November and thus
avert financial panic and business disaster
Odds All ON Mckinley.
From the New York World.
Men who bet on elections incline to the
belief that Mckinley will win. There are
fifty-three days before election. and hut
few big wages are made. Men like the
Dwyers. who sometimes stake 100000 on
the result, do not place their bets until
October. Two bets of $4,000 and 5000 on
Mckinley at odds Of to have been wait
ing takers at A. L. Horton & Co., bankers.
and at the Astor house
Tho only bet a Democrat has so far Of
fered is catch one. and provides 81 900
that Altgeld will carry Illinois and 8, 00O
that Bryan will carry Illinois. and 5000
that Bryan will carry more states than
Mckinley. The man offs .ng 1t expects to
lose the two s, 900 bets. but would probably
win the last and bigger cne. even il Mr..
Mckinley is elected. The World has
shown that Mr.. Bryan may carry twenty
eight states and Mckinley only seventeen.
and still the latter may win.