New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-06-18
TIE BONDS As SCHOOL TEACHERS.

a
Subscriptions 10 the new Government io"i
have one meaning which many persons w NV
500 ANY man who holds Governments ponu
wants to have II paid, principal ana interest," ="
gold or the equivalent of the money he 'cnu'
1here Is nothing extortionate or sharKisn IA
,hot desire 1t Is straight and plain business
Erorr man who holds such a bond realizes 'hh'
II 10 nure business and nothing else. lie KNOWS
TINT any other kind Of payment whether III
rotos at one cent discount or in silver III oo
-,,,. nscount would be dishonest for the GOV
o.,r,on+ and for him n robbery. So much that
non Knows and all the PHILOSOPHERS and thco-
RIGS Of Bryan or any other demagogue VIII no'
drive TINT out Of his head. He becomes d! 'nc
virtue of practical experience, n derenuer Oh 'ho
honor and credit Of the Government
II is an extremely important thihS TOT 'hiS
Government to have as many men aS poss'o'
Tins educated by practical knowledge III INC
essential conditions of National solvency. IL
xva can get million Of them. through the issue
of these new bonds enlightened by 'helr own
ar their friends interests that they cannot heip
seeing how public dishonesty means ROBBERY vi
tho individual who trusts the Governlhenl 'ha'
will be a gain worth the whole or 'he
COCO Ooo 600 borrowed This Nation can Dor
row money anywhere and In almost any
o,,ount II can educate its citizens In one way
only by giving them a personal share ana III
.orest in the honor and good faith OF the Nauon'
Hence the wisest and best feature OF lhe
whole War Revenue bill, over when DOM
honses Of Congress worked for months, was this
ono which made it compulsory for officials or
the Government to give the preference 10 the
INT the ptucntOn Oh
thousands. many Of whom need IT. instead OF
hundreds or scores of bankers and other large
con,talists who need no such enlightenment
when q man once gets into his head the Idea
TIM, n government must be regarded as thiei
If II robs IFS creditors he will 20 out ana s'hy
ONT Of the Populist camp and the silver camp
for all time to come. Nor can any o'her ,h'ns
he moro important for the country than this ed
ucation of the people. Silver idoiatry mas rl""'
nor,s If several great States. settled by decent
and patriotic citizens, as hostile 10 the 'rue III
,erasts Of the Nation as if they were settled by
Standards exclusively. II Will he reIharA'pi'
good thing to convert these people 10 cohcep-
lions of American good faith and integrity.
The individuals interest when ne iehuS us
money TO his Government Is always that OF 'he
honest man who wants fair return Tor MS III
yestment The bond is not ordinarily ana j"
these later days 1t may be said that II IS never
of such form as to give the individual investor
unfair or unreasonable advantages III coinpar-
Con with the investor in any other branch OF
, business. He lends his money to the Govern
ment on lower rates than he would be Wiling
10 accept in any other transaction, and FOR the
very reason that he believes That the "oVerh-
mont of the United States cannot be guilty OF
dishonesty or Of unfairness in constructor OF
its obligations. He expects good faith ana
readily consents 10 q lower rate OF interest ne
couse he believes that good faith ls certain
when he trusts his Government Ihat sort OF
thing IS good for the people and is good for the
Government 1t makes the understanding all
through the country that the Government Is
one of the people, and by the people ana repre-
sents the people and cannot be dishonest tow
ard them. When that idea has once become
widely settled IN the minds of men Silverism
and Populism will go out Of sight. never to re-
turn until another generation comes. ignorant
of the experiences Of today.