The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-09-30

| novae tabulae.
Honest debt IS no crime. Bankruptcy
was provided by the wise trainers Of the
constitution as q relief for the unfortu-
nate, but not for the gain OF those able
| but unwilling to pay.
Neither the government nor the people
| OF the United states are bankrupt. We
are the richest Nation on earth. and are
able and wiling TO discharge every ohl.-
cation In the money curren, With the mer-
| chant IN all lands. Beyond our frontiers
American gold and silver pass not by
count. but by weight. The legal tender
laws govern only domestic contracts. -and
! We arr too honorable TO compel our home
| creditors to accept less than We pay fec
\ een creditors.
By limiting the coinage of silver SO that
| gold and silver of equal amounts in coin
J age value shall be mintei and Couirs
I the cheap metal for account II the treas
| iary only, and not fer private account,
| 10Th metals may be freely Crculate1. iiui
coming silver AT public expense for pri-
waite account at any other ratlo than that
OF universal trade, and putting silver un-
Ger the force Of the tender Avs. woHld
speedily set In motion the Gresham law
eepreciate silver to its bullion value aud
drive gold out of circulation History
anu reason demonstrate this as clearly rs
TIRE theorum Of the right arglei triangle.
The law OF the date and place of con-
| tract is part thereof, and tile judiciary
would he compelled by the spirit an. just
principles Of the constitution 10 declare
void a statute forcing the cred Ter 20 re-
ceiVe N payment a money materially less
al date II contract. But II such Injustice
should b. upheld by courts Of Justice. only
those owing Old debts wcnld profit by the
wrongful who have silver, now upheld
10y government widows ami rvphans do
perding upon funds Invested by Departed
affection for their support; toiling men
ana women who painfully saved their
economies by frugal living: all who have
hNef incomes from Investments other than
lana; charges on railways. street ears
etc, would suffer loss IN proportfon to
lFi~Nrtaffrn pf he t.lp
that now IN use. The Price Of everything
IN commerce would Immediately r,se in
terms OF the new money-only wages
would suffer. as all history shows that
WAGES advance slowly and with great dr.
hculty. II Is generally admitted that such
a change OF standard " uli produce a
teiwlhle panic. all gold being suddenly
wiihdrawn. the fearful contraction OF 10
currency would crush debtors who might
escape II time could be obtained til the
new money might fill thu vacuum. IL
NtaEsers tho Imagination to conceive the
suffering Infected. American owners Of
American silver. mined or purchased after
the panic, would suffer ia common with
other interests by the general dislocatiop
wrought by the sudden change of orr
ana our fathers, standard OF values Aft,r
an Is sacrificed save exemptions. a load
o. UNPAID balances would still hang over
the ruined men of business until bank
rupt Law should offer rehef Such stress
tempis to the fraudulent ohattel mort
was the effect of the sud zen hna1cial
SUB 1issns9 am eohseqqeat panic in 1881 70
nr.son, ,,6i5 s,S,rJ ~ us1,,r' rrnih We
met sinla week and ruin. But We shall
not be brought under this harrow. he
rolh ., ,'.rbe C,,rtI.iis ~ ~ 1 " a.,
tbc IA at Tovemhtr ~ ,,,,.e, da, a., ~"
N,t,cn I'm h ~ u,en o. t9'S tInuI
,rnf,rs "ttia - 1,,o',tior a. II nj. -
a,Ifhor ~ me i,5t,aiit "a ttti4
American credit, anf Jsifecson,, author Of
f",nder og no t'.,iv,te,i, o V'rs,i ~
lid il az SIR tsaa,. Nac5to, ii.',,.c,ar
az eDscinr nra,.it,, arI foS- -, GO
Thor OF The "Con1nct NJ the ITn1arsiaTj-
Inc" settled II fo,. rneIa,,d In ,iq; -
n a do har Inc dneroiaI danrsitor,, ~ III
coinrrsrt. al r,tinns '''' Fe'''riS VI III
What fs tia ro,,sa 81 ,bts ho. 1a,,,,,,,
for chcan n,onsvS Ia,'o,, e,,,,,n.,,.,'l III ~
The poriodir pan'cs mav b1Ve r.la to-, =" -.
the decade period n The sun SPOTS NJ.
fectirr Inc horvests hreadfno ,eettI.tr.
ana ,bus dissnn,trti,e, tbo a,s -, iei'.'
t,srfafious ~ hisjnass o''''''e -
r his ve,r Of o,,r ord ,sae ,as hao,
rerarkable above ali ,oors ,i M 49,
FOR the violent o,,d Wiz az
spread d sturbanoe NJ thn -.lectrc o NH
brium, which controls The nulsafions mr
.,be beart Tho uinds ,, nu.na ''o!,s ~
earfh and The uot'en,, nts Of ~ ~ ne
taty system Hot winds hava dr ', ,.d Pa IA, =
bread belt across our countrv and ar1iIr,i
hopes. Cyclones. eartho1ialos and tI0o1s
Rave hurried vast numfs.rs into ,,nti,,,i,,
graves. DESTROYED cities ana aaIds a13
M zion. AZ mann, 1"' "9''' "'u
ma Jreadt',i i ,ii, e,, ha.. ,,, f. ct.
Nassucres in Turtey mi Ci,he Na, itI,,ai
dsconten, almost I'm vorsel. and ncopIc
everywhere filled with urdefined fear n,
lfnneuding trotgbIe, Perhons this ,,,'i,.',,oi
elrt.triral disturbances Ma atrac,ad -
moral and intellectual facultise SIN
strokes have Killed yast numbsrs fh,s v..i,r
nnd re ndered many Invalids for Iro mr.
Ir,. ana ,o,.,,,s '',' ai.ua iol i,c. ne
with the electric system of the 1nivorea