The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1899-01-30

I
ony Of liberty, or the colony itself of
Independence. The colony of Alaska
has more real independence to-day than
any country of continental Europe or
| any alleged republic of Spanish Ameri-
ca The people of Alaska to-day have
a wider liberty than the inhabitants of
any State in the Union. The Philip
pines will be free and Independent
under American control. Without
that control they would never feel the
breath of liberty.
| AGUINALDO'S ULTIMATUM.
Los Angeles Record: Aguinaldo, the
would-be dictator of the Philippines,
has given to the United States his ulti-
matum. There are two of them, in
fact, and both must be complied with
or dire consequences will follow. He
gives the United States notice that the
independence of the Filipinos must be
recognized. He also says that unless
his envoy, Agoncillo, can be formally
received at Washington the Embassa-
dor will be recalled and diplomatic re-
lations will be broken Off In COLO
quail terms the United States seems to
| be up against" Aguinaldo.
VOTING MACHINES.
Los Angeles Express: The House
Committee on Election of President and
Vice President has approved the use
of voting machines. 1t is safe to pre-
dict that several States will use them
in the next Presidential election. The
plan will spread faster than the Aus
tralian ballot system did, just so soon
as the people become convinced that
adequate, absolutely correct and i'm
partial machines can be made. New
York seems to have already solved the
problem
COMPLIMENTARY.
Grass Valley Union: Congressman
Marion De Vries is fulfilling every ex-
pectation of his most sanguine friends
By his indefatigable efforts he has just
secured an appropriation Of $3.50, 900
for improving the Sacramento River,
the amount the engineers estimated
would be necessary. De Vries is a
rustler, and his good work will not end
with this one big appropriation.
STABLE MONEY AND EFFECTIVE
CREDIT
Portland Oregonian: Maugre all
croakings about scarcity of money.
there is much more money and cu.-
rency in the United States than ever
before-much more absolutely and rel
atively, much more in the aggregate,
and much more in proportion to popu-
lation. Moreover, measured by the in
terest rate, money never was so cheap,
and there is actually more money than
can find profitable use. Hence the I'M
precedented congestion of money in all
the money centers.
Money cannot be created out of moth
| ing, and the volume of actual money
follows the commercial or economic
law. More currency, however, could
| be created, and cheap silver dollars
could be issued: but such course
would not make money more abund-
ant or more easily obtainable. The first
result, on the contrary, would be to
make money scarce, by shortening
credit. Throughout the period that has
elapsed since the panic of 1893 the dis
| tress has been due to a fear that lea
| to the contraction of credits No one
cause has contributed so much to that
fear as the silver agitation. But when
| the free silverites had driven the money
of the country out of productive enter
prises and into the banks and safety
vaults, they at once set up the howl
that there was not money enough with
which to do the business of the coun-
try. Money, however, now appears in
unprecedented quantities, as a con-
sequence of the cessation of this agita-
ton. 1t will come into active use more
| and more, as the men who own it or
can command it become convinced that
| it will be safe from the menaees to
| which it has heretofore been subjected
There is no way of compelling men to
| invest their money in business. But
| there are many ways of inducing them
to do so, chief of which is the assur-
| ance that the standard of value viii
| not be tempered with, but that, on the
| contrary, it will be maintained and
strengthened, that they may be sure
they will get back as good money as
| they invest. Of this, however. there
can be no perfect and permanent as
surance till certain currency reforms
shall be assured.
GOVERNOR GAGE.
| Petaluma Argus: Governor Gage
talks we'll, and if he will practice what
he breaches the people will have no
cause to regret that he is in the saddle.
Some of his wise sayings, extracted
| from his inaugural, should be needed
by the present Legislature, judging
from the way bills are pouring in. He
said:
THE best governed State has the few
est laws, and the wisdom of the legisla-
tors may sometimes be shown to the
| advantage of the public by refraining
from legislation
Were our lawmakers to spend more
| time in repeating than in enacting sur
plus statutes, the public interests would
be better subserved."
THE State, as we'll as each depart
ment of 1t, should live within it's actual
MEANS
Public money is trust fund which
public officers are obligated by their
| oaths to protect against waste"
1.-THE money of the State should be
| limited to the States necessities, and
splendor is never a State necessity"
THE money of the State is as sacred
in ownership as the money Of the
| Individual.
BETTER WEIGHT.
San Jose Herald: A bill has been rec
commended to the Legislature for pass
age by the committee to which it was
referred providing that the weight Of
butter in any package in which it is
put up shall be plainly and durably
marked upon it. Such a law If enforced
will put an end to a nuisance. We are
not sure that there is any absolute
swindle perpetrated in making short
rolls of butter. The dealers claim that
the rolls are sold as rolls simply and not
as so much weight and the price regu-
To- ol hot 1,v,f