The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1896-09-17

One Vi tne JUDGES Ol tue supreme OlurI
and fit of weakness on the part Of the
federal executive. Under the next ad
ministration 1t ought to be enforced
The next executive will take an oath
that he shall take care that the laws
be faithfully executed" and he mn.
Goubtedly will see that the income tax
law win be enforced. In order. how,
ever, to avoid any possible friction be-
tween any of the departments Of govern
ment, Congress should at its earliest
convenience pass o law inhibiting any oil
the federal courts, through writs OF
injunction or otherwise, from interfer.
ing with the collection of the national
revenue. They have no such constitu.
tional right now, but they imagine they
have, and therefore Congress should at
once settle the matter. The federal
inferior courts are the creatures of Con
gess and Congress can prescribe then
jurisdiction. or this there is no que.
tion, aud such an inhibition would be
binding upon them and would leave
Congress untrsmmeled in the exercise
Of its exclusive constitutional prorosa-
tion "to levy and collect taxes"
so-oALLED SOUND MONEY.
A very great deal Is now being said
about sound money, but when the sys-
tenn Of the sound money advocates is
thoroughly diagnosed ii will be found to
be the very direct opposite of sound
money system. Misleading and delusive
adjectives have wrought vast deal OF
misery in this world. The serpent per.
suaded Eve that the fruit OF the forbid
den tree was "good" fruit, and as Il
consequence our first parents were
driven out Of paradise. The single goll
basis advocates have persuaded Q jngre>s
that theirs was "souud money
scheme and as result our country
is plunged into the pit of industrial de
preston and financial disaster. What
is the sound money doctrinel 1t Is to
have gold alone the money of rodemp-
tion, to stop the coinage of silver, to
convert greenbacks and treasury notes
into bonds, and to allow the banks to
issue bank paper based upon these bonds,
or, as some demand, upon their capital
derived from other sources. The bank
paper would not be legal tender and
so the great bulk Of the currency would
be non-debt paying currency. Now
sound money is money with which debts
can be paid, and any currency with
which debts cannot be paid is not sound
money. a-
1t will thus be seen that the so-called
sound money scheme is one that would
foist upon the people a vast volume OF
bank rag-money, which would have to
be presented to the bank issuing the
same before 1t could be redeemed, and
which paper when issued by the banks,
ns is the custom now, would be sent by
them to distant parts of the country SO
that it would be difficult for the holder
to present the same for redemption. 1t
ia delusive, dangerous scheme of the
banking fraternity, which has fattened
and grown arrogant by governmental
fayors to not only control the gov
ernment but also to enslaye the people.
The only thing sound about the scheme
is its appellation, and that must be used
only in Pickwickian sense.
1t is alleged that the prince of dark
ness when occasion requires in order to
further his nefarious purpo es can ap-
pear as an angel of light, and in inlila.
tion of this illustrious example, ii not
animated by like purpo+e, the advo.
Gates Of On unsound bark rtg-currency,
bereft of debt-paying power which
they propose to be the nsin aud only
currency of circulation, are now atti-
tudinizing with all the grace of public
benefactors, before the people of this
country as the only advocates Of sound
money. The plain issue is between the
silver dollar and the bank note; between
"hard" legal tender money and rag"
non-lsgal tender currency, and the So
called sound money advocates are the
stout Opposers of the sound "hard
money plan.
REAL SOUND MONEY.
The money system proposed by the
three allied armies of reform In the
present presidential contest Is the only
real sound money system. 1t is to do
away with bank, paper entirely, to coin
both gold and silver. into standard
money q, contemplated by the consti-
tuition, and to have the paper currency
required by the demands OF trade and
commerce issued direct by the govern.
ment, and all the money 80 coined or
issued to be real sound money, q full
legal tender in payment of all debts,
public and private. allowing no indi-
vidual to discriminate against any of
the money Of the realm, With such
money In the possession of the people,
prosperity would Immediately follow.
The money in hand can be used to pay
the debt at hand. There would be no
scurrying around the country to get
bills on the nearest bank, and no necess-
ity Of paying commission to the banks
broker, or obeisance to bank officers
before you can pay your debts. This
system of finance would relieve the
people Of this country from the existing
bank thralldom and would libsrate them
from tha cara of tho Rritiah t,anpa. LA.