The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-02-23

| -FNtsVV dlpOluNttS VI the
svvernment. II we should add to that
| numoer the number which would be re-
| 1874 10 operate the railroads, telegraph
| ana telephones would IL not be a most
| ITaadssIyus concentration of power In the
| btuerul government. aud IN the executive
| uepdttinent OF 1t? Can anyone doubt but
LA, ,nat IL would completely dwarf the State
| hoN.tnments, and change and revolution
ne me government of the United States
| as established by the constitution Who
| san re Wild enough to believe, or even to
ssunpvse' that an American congress could
| EVER be elected which would adopt a policy
HTTueht with such dangers US thisg
me loaning of money by the govern
mortgages on land or farm products would
! no doubt induce thousands to borrow
| .aiy OF them improvidently. II such IA
| pollcy We're adopted fortunately for the
people OF Texas. our constitution and laws
bteNeht the mortgaging Of homesteads
10 {hat extent the people Of this State
| would be protected against its evil effects
hut W most or all OF the other States they
would not have that protection. And
Wheii the money so borrowed should be
spent the general experience In such mat
| tc's SHOWS that very large proportion
OF INC borrowers would be unable TO re-
! pay II, And where land mortgages had
/ peeh given the result would be the fore
closure and sale of the mort gagged prop
! criy' In this way II is safe to assume
! Nflat the government, In carrying out such
| a pohcy would soon become the owner OF
! very largo amounts of land. farms and
| homestedds. And when SO acquired what
| would or could it do with such farms ana
| h3mesietds? Would It undertake to en-
! pioy managers and labor to carry them
/ On or would II allow them to go 20 waste
| II INC former. II would increase the ap-
! pointing patronage Of the executive de-
! nnrlmt Mt of the government. adding to the
/ uanger from that source, If the latter,
| great destruction of the value of real
! estate would follow. Would not such "A
1 policy result, after large sums Of money
| had been loaned to the people and the
| time OF repayment had been reached. in
! me creation Of "A strong element, first In
iavor Of extending the time for payment
aud finally In flvor Of the government re
| leasing the debtors?
| l. is respectfully submitted that such
/ rolicy, added 80 the policy of making the
| Federal government Q lender of money 10
| riNme persons and produce broker and
| the vast increase in the numfer
| p tcderal appointeos would en-
| irely change the character of the
fcdcr1l government and the purpose
for which 1t was formed hv our roVolu-
| tonaiN fathers; that " would result ir
the overthrow Of our present system of
government. and IN substituting for our
present race Of nderendcnt, liberty-lovius
| irccmcu a race of mcndicauts dependent
on government support and unfit for the
great duties Of self-go yernme1t and 1T
tools to be used only 10y corrupt and am
bilious men
Wn tho people of Texas sanction such
policies or support a political party which
advocates them Is serious question
which their future action IS 10 decide.
There is no question hut that there Is
much ground Of complaint against much
! that has been done hy the Federal ,,overn-
49,. ..,,, a., - 49,,
icy-in the plan adopted soon after tho
war OF converting the legal tender notes
/ INTO an intercgt-hcarng bonded debt: in
the passage Of The act Of 1860 taking from
| the government tho rieht tn redeem tho
bonds with ,ho s.,,,,,. 1,i,l at ,,,,,,,,. ,,,r
,.h,,I, ,,'o,. - ,,,,n.t,,'e,s -,
/ WAN, ,,,.,1, &, -, ',, ., ~
| 'H'H' pay aple ln com % So'" ana SILVER III