The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-12-08
SOME LEADING EDITORIALS.

begins whers all that Is sane In populism
ends. This fact was emphasized ~ the
proceedings in st. Louis this week Of an
aggregation of political pirates styling
themselves the organization committee OF
the peoples party.
The meeting and its results were tniin-
rortant, except Is they mark the line OF
cleavage between sanity and insanity ana
honesty and dishonesty in the movement
for the reform OF governmental abuses
that have grown up under republican mis-
rule Tic committee which met here ana
Illuminated a lot of nonsense is an out
growth of the revolt started by the un
compromising and impatient element Oh
the populist party at a National gathering
held In Nashville, Tenn. last summer
The Nashville meeting attracted no atteh-
ton and was forgotten in day Such
promises to be the fate OF the recently
adjourned St. Louis meeting which, ignor-
ing the partys National convention Tor
the nomination of the partys standard
bearers In the campaign OF 100, more
than two years in advance OF the fight. III
anything else were needed TO make the
revolt of the CoXeyites ridiculous this ac-
ton alone provides It.
VI course Tie sane anu SlllCeIt
of populism will give no heed TO the call.
Indeed. these elements have long ago
ceased to regard the Coxeyltes in any
other light than an pirates ana have aban-
doned all hope OF accomplishing, in asso-
cation with them, anything OF good eilher
for the country or the party. 1t is proha-
bic that, as a result of the EFFORTS OF the
extremists TO precipitate campaign ulon
the country two and half years ahead of
IL tt..r will 1ru nf
the party
Ii is probable, therefore, that populism
as a distinct force will entirely disappear
before the next campaign is fought and
that the action o. the Coxeyites In ST.
Louis will be largely responsible for its
Disappearance. In which event a vote OF
thanks Is due to CoNey.
From the New York World.
THE TERMS or THE PROBLEM.-Th
Dngley bill is a failure So much is ad
mitted by the eminent republican, Mr.
Walker, Of Massachusetts. who helped TO
frame 1t, and who makes comments upon
it in special interview for the World this
morning.
In the interest Of protected" industries
that helped TO pay fo- the election of a
that exclude imports to such an extent
that the revenues do not meet the eX-
penses of the government.
Mr.. Walker suggests as a remedy the
addition of 81 q barrel TO the beer duty
But that would be a Slely democratic and
free trade measure,
Neyertht less congress must confront this
situation: The tax laws. heavily as they
Cypress the people. do not produce revenue
enough n meet current Tho
treasury is making good the deficit by
spending the money borrowed by Cleveland,
and In no other way.
Congress must either reduce expenditures
or in some way increase revenues. Other
wise the administration must borrow
money and increase the National debt
as its predecessor did.
From the Kansas City journal.
FOR FREE COINAGE. Nv Dnglcy's
personal organ, the Lewiston Evening
Journal, predicts that next years congress
sional campaign Will be fought on Tie
same issues as last years presidential
battle. Much as every true friend Of
American interests may deprecate it,"
says the Evening Journal, iii may Low
be regarded as settled that the con-
be fought out on the line OF 1886. Whel. q
state like Kentucky turns its back on
Carlisle 10 follow Bryan, and State like
| Nebraska, which sees before It's eyes in
every market the refutauion of the Bryan
| theory that silver and wheat are linked
together by the Almighty, stil PERSISTS
In bowling down to the silver IDOL it is
useless for sound money men % lose sight
OF the certainty that the 10 10 i silver tai
4 &c nlF oh, 4
ness men may as well prepare to meet this
issue next year, when We hope 8. will be
| settled forever"
| 1t is not a foregone conclusion that sill
| yer will be the issue next year; o;her
| questions may come to the f.ont--poss;tiy
complications with Spain or Japan-that
VIII dwarf the financial issue. But the
present probability unquesJionlbly is that
| the old 10 to l insanity will have 10 he
met and overthrow again. Another hat
tie on that issue however, will not have
| the disastrous effect on business that the
| battle of last year had. Even ii the sill
yer advocates should elect majority of
representatives, they could accomplish
| nothing without the senate and If they
should have full control of the senate,
business men know that they have a mr., ST.
dent to stand between hem and desiruc-
! tive legislation
There Is no probability, though. that the
| tree coinage party could secure a maIotitv
In congress. They failed of victory when
the country, under stress OF hard times
! was almost ready to consent 20 any ey
pertinent that gave promise of relief That
condition has passed away and Ylll not
prevail next year The restoration of
prosperity under the geld standard has re
| moved from hundreds of thousands of
voters an desire for trial of free silver
especially as all other nations of he earth
are clustering under the standard Of anId
Ifere is nothing in the results OF The late
| elellions 10 show that business men need
10 lear reyerslon Of last wears victorv
no matter how determined the cheap moncv
people Ore to fight tba hot4,a 49,,