The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1898-01-13
Monetary "Reform" Run Mad.

MOlueS LeaueC.
Monetary "RefOrm" Run Mad.
! At last the self-appointed monetary
commission has given out the cOncln
sions arrived at by its combined wis
dom, and, while striving to abolish the
endless chain, has succeeded in putting
another link in it.
With that wise school of finance
which teaches the theory that a non
interest-bearing debt is more heavy to
carry than an interest-bearing debt
the self-appointed monetary commits
sion advises the refunding of the green
backs and other demand obligations
Of the government by the issuing of
gold bonds. 1t recommends that 1.-The
secretary of the treasury be author
lied to issue bonds whenever the gold
reserves are to be replaced"
There is nothing new in this plan, it
having been fully covered in the propo-
sitiOn submitted to Congress by Secre-
tary Gage. 1t is the old scheme 20
break the endless chain by bonding
this country to the extent of nearly a
thousand million dollars TO escape Il
dilemma created by the gold clique,
and which has no legal cause for ex-
istence.
But the most remarkable proposition
made by the monetary commission, the
most shOrt-sighted and inconsistent
recommendation, is to the effect that
'the treasury be authorized to give a
gold for a silver dollar on demand"
Having, in its own estimation, de-
strOyed the endless chain in destroy
ing the greenbacks, this sapient none
tary commission creates another end
less chain by creating the silver dol
lars and silver certificates a means by
which gold shall be drained from the
treasury.
In an attempt to strike silver money
a death blow. the blade has turned
and pierced the side of the assailant.
If the endless chain is such a mon
strOus evil, why do these self-chosen
monetary ''refOrmers' set about the
creation of another endless chain more
extensive than the one which they
have attempted to destroy?
Silver is declared by this suggestion
of the commission not to be money.
but a demand obligation of the gov
ernment payable in gold. This is in
deed gold mOnometallism run mad. 1t
is fortunate that the commission is
self-created. for otherwise its parents
could not fail to he very much ashamed
of their Offspring.-ChicagO Dispatch.
Republican Opportunity Lost.
The hue and cry about prosperity,
based on an accidental and temporary
advance in wheat. evoke merely taunts
and jeers from millions who have been
still further exploited by legislative job
bing schemes and protected monopo-
lies. The Republican opportunity has
been lost. The tide of popular indigna-
ton and discomfort, with Irresistible
sweep, is bearing down upon the perni-
ciOus and guilty crew who betrayed
peoples trust.-Dallas (TeXas) News.
SpdA Ah6 AuN1SdDICs
Bearing in mind that the presa,t
time is particularly inauspiciOus for al
lowing any but the most necessary ex-
penditures, it is unquestionably the
policy of wisdom to deal very sparng-
ly with appropriations for public build
ings. The nation can well afford to be
liberal in this direction when its rev.
enue is greater than its expenditures,
which is likely to be the case by the
next session OF Congress. Until that
time these appropriations should wait
Hanna Meets wi h Ingratitudc.
Just think of it! Here is the man who
discovered William Mckinley, elected
him to the Presidency, mortgaged his
administration to Wall street, fired"
John Sherman from the Senate to make
a place for himself and dragooned a
Governor into appointing him, now
having to make desperate struggle to
get the vote of the Republican men,
bers of the General Assembly. And all
this in little more than little year.
Cincinnati Enquirer.
Bright Outlook for Trouble.
Indications have cropped out thus
early in the session that Republican
brethren in Congress are inclined not
to dwell in harmony together. Their
rowing is comforting spectacle for
the Democrats, who, as a solace for
being minority party, will be treated
to the luxury of observing the rascals
fight against the honest incompetents
in the ranks of their political adver-
saries.
"RefOrm" in Wisconsin.
They have increased the state debt
"in time of peace" till it has swung a
hundred thousand beyond the two and
q half million mark, and are now sell
ing the state lands to throw into the
hole. Sweet birds of reform, aren't
they?
Political Pith.
Nebraska has $4,000 silver Republi-
cans and less than 100 gold Democrats.
Minnesota has $4,000 silver Republi-
cans. Minnesota has no gold Demo
Gratis.
There are $4,000 silver Republicans in
Ohio. There are less than / 800 gold
Democrats in Ohio.
Wisconsin has 10000 silver Republi-
cans. There are less than 500 gold Dem
Ocrats in the State.
Indiana has 100000 silver Republican
Democrat in the State.
Illinois has 10000 silver Republi-
cans John Z. Hopkins and sixty others