The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1899-12-14
MESSEGEAFrom Page 5

III LOO lynn "SC
change, yet the <ery situation points to
the present as the most fitting time to
make siequase provision to insure the
continuance of the gold standard and of
public confidence in the ability and pur-
pose of the government to meet
all It's obligations in the money
which the civilized world recog-
nizes as the best. The financial
transactions of the government are con-
Quoted upon gold basis. We receive
gold when we sell United States bonds
and use gold for their payment We are
maintaining the parity of all the money
Issued or coined by authority of the gov
eminent. We are doing these things with
the means at hand. Happily at the pres
emit time we are not compelled to resort to
loans to supply gold. 1t has been done in
the past, however, and may have to be
done in tho future. 1t behooves us, there
fore, to provide at once the best meaus to
meet the emergency when 1T arises and
the best means are those which are the
most certain and economical Those now
authorized have the virtue neither or
directness or economy. We have already
eliminated one of the causes of our imam
cial plight and embarrassment during
the years 1898. 1894 1895 and 1896 Our re-
ceipts now equal our expenditures; dc
fcient revenues no longer create alarm
Let us remove the only remaining cause
by comforting the full and necessary
power on the secretary of the treasury and
impose upon him the duty to uphold the
present gold standard and preserve the
| coins of the two metals on parity With
each other, which is the repeatedly de-
clared policy of the United States.
lD1
recommended ions that a portion of the
gold holdings shall be placed in trust
fund from which greenbacks shall be re-
| deemed upon presentation, but when once
redeemed shall not thereafter be paid out
except for gold.
The value of an American merchant
marine to the extension of our CONNER
cial trade and the strengthening of our
| power upon the sea invites the immediate
action of congress.
The Trust Problem.
Combinations of capital organized into
trusts to control the conditions of trad.
among our citizens to stile competition,
limit production and determine the prices
of products used and consumed by the
people, are justly provoking public dis
cussiOn and should early claim the atten
ton of the congress.
The subject is one giving rise to many
divergent views as to the nature and varl
ETY. or cause and extent of the injuries tc
the public which may result from large
combinations concentrating more or les.
numerous enterprises and establishments
which previously to the formation of The
combination were carried on separately
1t is universally conceded that combina
tions which engross or control the marke
of any partic liar kind of merchandise o.
commodity necessary to the general com
munity, by suppressing natural and ordi
nary competition, whereby prices are un
duly enhanced to the general consumer
are obnoxious not only to the common
law, but also to the public welfare. Their
must be a remedy for the evils involved
in such organizations. If the present Law
can be extended more certainly to contro
or check these monopolies or trusts, i
' should be done without delay. Whateve
power the congress possesses over thi
most import Int subject should be prompt
ly ascertained and asserted.
The state legislation to which Presiden
Cleveland looked for relief from the evil
| of trusts has failed to accomplish full.
that object. This is probably due to
great extent to the fact that differen
states take different views as to the prope
way to discriminate between evil and in
furious combinations and those associt
tions which ,.re beneficial and necessar
! to the business prosperity of the country
The great diversity of treatment in diffel
ent states arising from this cause and tn
intimate relations of all parts of th
country to each other without regardin
|. state lines in the conduct of business hay
. made the enforcement of state laws diff
) cult.
1t Is apparent that uniformity of leg
lation upon this subject in the sewers
= states Is much to be desired. 1t is to |
hoped that such uniformity founded in
wise and just discrimination betwee
what is injurious and what is useful al
necessary in business operations may
obtained and that means may be four
for the congress within the limitations
its constitutional power to so supplemel
, an effective code of state legislation as
make compl tie system Of laws throug
out the United States adequate to comp
general observance of the salutary rul
to which 1 have referred.
The whole question is so important al
far-reaching that am sure no part of
will be lightly considered, but every pha
Of 1t will have the studied elaboration
VIC COukTcSo, III Wlot ttllu JUL
ious action.
Nicaragua Canal.
The Nicaragua Canal commission whit
had been engaged upon the work of G
animation and survey for ship canal rou
la across Nicaragua having completed
labors and made it's report was dissolv
on May 81, and on June 10 q new comm
-, sion known as the Isthmian Canal col
&c mission, was organized under the teri
of the act approved March 3, 1899, for t
- purpose of examining the American ist
mus, with view to determining the me
practicable and feasible route for sh
canal across that isthmus Good progre
has been made, but under the law col
prehensive and complete investigation
n called for, which will require much lab
u and considerable time for it's accomplis
ment. The great Importance of tt
work cannot be too often or too strong
pressed upon the attention of the &C
tn, WV ,,,acsara IF vaar an ,r, 7