The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1898-06-24
This Enormous Sum Added to Our Already
Bonded lndebtedness-Work Of Shylocks.
DESP0|LERS OF AMERICAN HOMES.
Find in Congress as it is Now Constituted a
Willing and Profitable Ally.

ashlngto {. c., une u Pierpont Morgan & Co. and other powerful
agent OF me gold bond syndicate the money power, have carried the day in
voting for the bonds eight democrats Cafery, German, Lindsay, McEnerny.
Mtchen Morgan, Murphy ad Turpie n silver republican Mr. Manue) fall
ing p ~ me M wayslde,a md n socaled popuist Senator Kyle of South Dakota,
Mo n las cen under suspicion evers since he secured hsr reelection by a teup
WIZ ne republicans, turned traitor to his profession and his ountrysw welfare.
ne astardly outrage hs been committed and the sly, cunning, diamond
studded Wall street lobbyist, headed by Clevelands nal ex-secretary of the
rreasury carlisle hay returned to heir hotbed of high-handed corruption to
|sNaI ooe their victory I've h American people.
ne vote vas taken in thu house of Speaker Reed Thursday afternoon.
slipped through just like it vas fixed" to &C som time ago.. All thu talk and
|hagglng for the past several weeks vas a part Of thu secret program it was
70 MAKE a owln to befuddle the people. There "a lot a time when the
ohey power onsprator were not able to ount to a maj heir votes and
Win mem to allow the proposition to be discussed at III on the floor of tn
mouse Dr. IN thu senate chamber ws a huge farce.
10 The he pin has eiminated the senate provision requiring that n o bonds should
|pe ISSUED until $oOItOOWO certificate Off Indebtedness hd been disposed Of. The
letter Not M will be issued.
Fou hundred millions of bonds are thoriz to be issued a mpromi
between the $500 proposed by the Jus n the s3oooooMo authorized
by ne senate. u $200O0O0O will be lssued Immediately, and the secretary
OF ue treasury wn fee surprised at his w moderation n he teny years
oelo.e .my can pc redeemed they, will have draw $6OOO0ON in interest
A hundred n fifty thousand blank tenders are ready 1t the treasury de-
time hey will be poured in the mails in monumental bulk within forty-
eight ours oft he lime The bill becomes a la
me conference report which may develop significance when the terms of the
pos are made public. The provision that they should b. Offered as a popular
NO e ss man nan par par. yt IN residue after the public is satisfied nay be other
,o IT. is evident that tn small appetite Oft the public will be easily fed, and
ne emendou sresdue will fall promptly into the hands Of h big banking
houses which haV succeede in having the way cleared for hi reissue.
SPANISH SYSTEM.
There is also success for Secretary Gage in h weakening of h VOL
ctt 20 providing for M coinage of thu seignforage. The bill po-
|vides tor its coinage at he rate of ct less hal $50OO0O month. which is a
big reduction from the proposed 100000 a month, n eliminate he pan tic
issues certificates against the full amount Of thu segnbrage. Thereis IS, more
vision is made for the retremento of the Sherman notes.. The bill as it stands
is a gnal reversont to Via a prominent member OF the houses characterizes
infinite variety O. thousands OF articles, Instruments and documents ar to
the people.