The Advocate and news., 1897-12-15

nouncing principle which they them
selves dare not declare In favor of. Re
publican leaders and the Republican
party dare not go before the people
upon platform declaring IN favor Of
the present use Of the judicial injunc-
tion. II they dare not declare in favor
Of 1t why should they be 80 exercised
over the fact that Mr.. Bryan has dared
to declare against 1t?
Hutchinson Interior-H Herald: In the
comic paper, and in the so-called humOr-
GUS column Of other papers, the farmer
Is buTlesqued and made to appear RI
diculous. He Is called "hayseed," and
soft. He is made the personification
of all that is Verdant, ignorant and un-
sophisticated. His lack of knowledge
Of the little tTiYlalities that constitute
the education Of society man are en-
phasized and his truthful disposition
sneered at. His plain, honest ways are
rldiculed, his praisewOrthy economies
are twisted into unworthy parsimOny,
and in every way he Is made to appear
as very unworthy person. II the pub
licatiOn Of such rot serves any good pur-
pose we cannot see 1t. II stamps the
writer as both vulgar and impertinent
Harper's Weekly: Senator Wolcott
has made the official report of his in
effectual wanderings through Europe in
search Of a bimetallic agreement. APP
parently the report contains nothing
new beyond making 1t clear that the
necessary stiffening Of the British Cab
inet's backbone came from the govern
ment OF India. The Indian govern
ment was making ready to declare that
1t was not the time to encourage BIZ
metallists, for India would lose money
by returning to the silver standard,
and was prepared to consider plans for
frankly establishing the gold standard.
On the whole, the information obtained
by the Wolcott mission, and that which
comes from other sources, not only de-
stroy the value of bimetalhsm as a
game for shifty politicians, but strength
en- the case for gold in adding new tes-
timony as to the folly of supposing that
silver Is ever again to attain to full
legal tender value in any great CONNER
cial nation, and, further, as to the move
ment against silver both in India and
in China.
New York Sun: In the present con-
fllct the Sun takes the only logical and
sound position. 1t is, that all the pa
per money of the country shall be is
sued by the government directly and re-
deemed by 1t directly, without employ
ing the banks to do 1t and paying them
for 1t by paying interest on bonds pur-
chased with the money which it guaran-
tees. Still less should the banks be
allowed to issue circulation without
security and without limit. The gov
ernment money should always be re-
deemable in gold. and instead of being,
as the Times falsely asserts it would
be, unlimited in amount, 1t would be
limited by redemption to no greater
volume than the wants of legitimate
business require. How much this vol
ume could consistently with its redemp-
ton be increased over that Of our pres
ent government money, experience
would determine. Probably 1926, 900, 900
of 1t would be needed to take the place
OF the $2S6,0O0,0OO of outstanding bank
currency, and possibly more; but, what
ever its amount, It should always be
redeembale in gold, and, therefore,
1t would be as good as gold.