The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1898-06-10

THE NATIONAL CAPITAL
Captain Edward Wright Bfadys Current Review
Of Matters and Things at Washington.

WASHINGTON ehe war revenue bill has passed Senate
and the hands of the conference committees of the
houses As predicted this correspondence would be the
the goes back the House with the bond provision
left and the proposition authorize the treasury green
backs large quantity LETT The eenback proposition
the thing financial way that it proposed add
the bill It fortunately for the country dead beyond
ton The next most financial proposition to coin
the so-caed silver seoage the treasury amounting $42
100000 adopted by the Senate believed will be stricken
conference and the become law without it This
would be should be- The vcousness Of this particular nan
proposition lie the number of underyalued legal
tender silver dollars would add currency comparative
the number would not be great but in the encouragement
would give the false notion that silver dollars reality what
they by of legal fiction money final redemption the
same footing gold This OF course IS not true our silver dollars
being maintained at parity with gold only by the strenuous and
pledged committed to this policy Of maintaining parity
tween silver and gold and to maintain all Of paper
gold The commercial world at home and abroad
counts with entire confidence the governments keeping this
With power Go i practically now and for
has been the of ultimate redemption in this
play the part gold dollars monetary system would be
mischeyou and might at time become This the
why the House should make determined stand against the
seignorage coming amendment
With the revenue disposed Of question
general and absorbing interest will be that Of the annexation Of
Hawaii Whatever objection there might have been he
on of these islands heretofore their absorption by @ United
States has now become military necessity The with Spain
has developed the Importance to this country OF naval
has before been driven home to the people general has
been the developments this struggle Admiral Deweys victory
Philippine group has shown clearly the admirable position of these
islands halfway house between Pacific coast and Asia Then
the events of the have demonstrated the military necessity
for ship canal the hmus which separates the Atlantic and
Pacific The Oregon made the long Cape
safety made our antago-
mist been of the great Of Europe As the voyage
would have consumed less than onehaf the time did had the
Nicaragua canal been existence The commercial importance of
this short cut between the two less than its military
importance.
The problem do the Philippine Islands is one that
exce considerable interest public and circles 1t
recognized all sides that when this begun nothing
further from the minds Of Americans than the requirement of
the Admiral Deweys wonderful victory the other side
the world the American people, after the first of
excited qualification at the great Of their fellow countymen
began consider the and novel responsibilities which
victory entaled them upon their speedily
became apparent that had had thrust duties
honor avoid Ik We them however they
be- Them too Porto Rico is certain fall
There appears be question the minds of that
must retain that island permanently 1t is small island
about $500 miles, thy populated having about 10000
inhabitants fertile and under such would
would become than has been
would be Spanish As to Cuba have pledged
word that did not to to acquire it. but only give
freedom and independent government.
As to the Philippines, the question what the
want 1t retain the islands will have govern them col
ony turn them other power that will have
govern them colony five declare them free and ndepend
they will be unable to their Independence
They will therefore later fall the hands
power JAPAN after perhaps bloody struggle The
cesy of coang station the East demonstrated clearly
problem geometry by the TACT that the declaration OF
tween this country and Spain becoming known Hong Kong
British colonial city, the authorities promptly gave Admiral Dewey
twenyour hours which leave the habor There nothing
for him to do but harbor home
about 1000 miles, 1t situation at ridiculous humiat
ing and dangerous Ii the United States fulfill it's
face its responsibilities is not willing to do that
look forward the day the future when will fall China has
fallen and become the prey of aggressive nations.
THE WEEKS WAR SUMMARY.