The record-union., 1898-07-09
EXTRACTS FROM EDITORIAL
- 80 EXPRESSION.
State and Coast Opinions on Sub
iects Of Living News
ts Interest.

/ OF the tactics dhey nave lealneu
through long years of oppression and
outrage.
LET THE WONDER CEASE.
Los Angeles Herald: The London
Spectator voices the surprise that is
we'll nigh universal in England AT the
scanty evidence of American opinion
that reaches Europe" touching the
widening of the war in every direction,
and its possible prolongation over years
Of time. 1t wonders what all those
quiet millions of working freeholders
and Industrious citizens, who live away
from the newspapers, think Of the prog
| reSS of the war;
A better understanding of America n
| character, and a clearer comprehension
of the relations Of the American press
to public sentiment would leave little
to be explained. A very small fraction
of American citizens live away from
| the newspapers" and whereas the great
| majority of them think they are influ-
enced by them, the real fact is that the
| newspapers are, oftener than otherwise,
led by the people. The newspapers re-
fleet, rather than mold, the opinions Of
the masses-by them are they, as a
rule, led controlled and directed, within
certain limitations.
NOT SO SLOW
San Jose Mercury: This war is not
so very slow. Within about ten weeks
Uncle Sam has organized an army, re-
constructed a navy, destroyed two of
Spain'S fleets, captured many million
dollars worth of vessels and cargoes,
hauled up the Stars and Stripes over
the Ladrone Islands and practically
taken possession of the Philippines and
a large portion of Cuba. He has, in
fact, dealt Spain such smashing blows
that she is already beaten and helpless.
1T WILL NOT FORGET.
Los Angeles Times: History may
forget the names of those who fought
at Santiago, but it will never forget
| how, when the gallant Twenty-firsa In
fantry pressed on to the thick of the
battle, they sped their bullets at the
foe singing the glad anthem of free
dom, The Star Spangled Banner" It
Will not forget how, as many of these
| brave men fell to rise no more, the
| death rattle mingled with the strains
| of the national anthem. History will
tell, too how gallant, grizzled old Joe
Wheeler was carried on a litter at the
head OF his command cheering his men
to valiant action.
PRECISELY SO.
San Diego Union: The suggestion of
| a congTess of the European Powers to
settle the question OF spoils, after the
war between, the United States and
Spadnaisl ended, is probably as irritat-
ing to this country as any proposal that
could be devised by the diplomats of
continental Europe. AS a London pa
per remarks, the plan contemplates
treating the United States very much
as Europe Is in the habit of treating
Turkey On just what theory Germany
and dSsoIne other Powers have reached
| the conclusion that they can take a
| hand in matters which concern only the
United States and Spain, does not
clearly appear, unless, indeed the idea
is that America having engaged in a
war with one of Eurepe's third class
|, Powers has therefore, placed herself
Under the Jurisdiction of the so-called
European concert. OF course the aver
age American, in view of recent events.
viii be disposed to look on English in
f1uence to thwart any such interna-
tional scheme, if one of this sort has
really been Matched. But it is not jim
goism to say that, whatever the atti-
tude of Great Britain may be, the peo-
pie of the United States wall never ad-
NIT the right of any European concert
to arrange foreign relations for this ma
tion. .l-
CHINA AND OUR COMMERCE.
Portland Oregonian: Secretary Days
suggestion that Congress appropriate
| $4,000 to defray the expenses of a
commission to investigate commercial
| conditions in China affecting our ex-
port trade is timely, notwithstanding
the more absorbing questions that
press upon the attention and claim the
| resources of the country. Our occupa-
ton of and operations in the Philip
pines will greatly enhance our trade in
| terests in China, and their development
should not be delayed. Great Britain,
Germany and France are pushing Wig
orously for an increase of trade with
that country, and procrastination on
the part of the United States means
loss which it will be impossible to esti-
mate or regain. The events of the war
should give impulse to the movement
rather than delay it.
,Asv OUR STATE BONDS.
4 Colusa Sun: The fact that Govern
nlent bonds are not taxed is given as
the one great reason why the bonds
bearing only 3 per cent go off SO fast.
This ought to be a hint to the people
of this State. Il We put Out State, coun-
ty and municipal bonds bearing a big
interest and profess to tax them, but
we never accomplish it.. The buyer
says he will not pay price for our
bonds because he may have to pay
taxes on them, and if he gets off with
out paying he charges it up to his
shrewdness or to good luck. We make
per cent bonds that sell for par, or
at most small premium, while the
untaxed per cent. Government bond,
no more certain Of payment, brings
premium cometimes as high as 30
cents and most Of the disparity is due
to the matter of taxation. 1t is quite
evident that a per cent. untaxed
bond would bring as much.in the mar
ket as a taxed Z, and we never get
any taxes on the bonds. As the rate
is hardly ever as much as per cent,
we would be getting the tax in adj
vance, whereas now we pay higher
rate of interest and get but little taxes
on the bonds. These bonds are sent
out of the State about tax time, and for
this little operation and for the wear
and tear on conscience in swearing that
the holder has no bonds, we pay large
sum- We should therefore spare no
times in making at least all future is
sues of State, county and municipal
bonds untaxed, and put the rate Of in
terest down accordingly.