The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1899-03-07
NOTES AND OPINIONS.

NOTES AND OPINIONS.
The best news that comes over the wires
consists of the reports of voluntary adj
vances in wages by large industrial con
Germs which were compelled to reduce
wages during the panic period. These
just concessions to labor will prove in the
end fortunate investments for capital, and
they are indubitable evidence that return
ing prosperity has finally got down to the
ranks OF the wage-earners who are ALWAYS
the last to get the benefit of a change for
the better in trade conditions.-NeuarA
Advertiser.
Inc report OF the State Bureau of Sta.
tlstics, in its latest quarterly review OF
the industrial situation, shows the most
satisfactory condition of things noted by
the bureau since the prolonged industrial
depression which began in 1892. The
statement is made that the current veal
will witness enlarged operations with
more general and more permanent employ
ment accompanied with larger disburse-
ments in wages than in any recent year
In point of fact, the report shows that the
tendency OF wages to advance has already
been noted by the bureau.-Boston Adoe,-
ttseT.
Perhaps it would be better for the Leg
IL
lslature before reducing the legal rate of
interest to five per cent. to take measure
to prevent mortgage loan sharks from
charging one hundred per cent, and un-
der cover of the law escaping conviction
for usury. They draw their papers so
skillfully that the law at present hardly
touches them. The legal rate of interest
In ordinary business transactions will adj
just itself to a large extent. If banks
cannot loan money at six per cent. they
will not refuse five. There is greater ne
cessity for legislative means to stop the
business OF preying upon the poor.-Pas-
sale News.
1t is easy to say that we have no bust
ness in the Philippines. Circumstances
have combined to give this country many
temporary responsibilities in these islands.
and Democrats who know what democ-
racy means will be the very last to deny
the fact. 1t is the duty of this country
to see that the nations and the various in
terests in the archipelago are given a better
government thon fhou houo -1+ o-s1.ol
to put them on the road to political free
dom; to SOW on those islands the seeds of
democracy which the Democratic party
has implanted in our system, and to see
that the people there do not become the
victims of the predatory nations of Europe.
This policy does not look to conquest or to
annexation. 1t is purely democratic, in
that it recognizes the duty which this
Government owes to a weak and ill trained
people temporarily placed under it's care
by the fate or fortunes of war. In the
end, it will be the policy of the whole
people.-Atlanta Constitution.
Whatever view may be taken of the
problems of expediency and of duty which
now present themselves to the American
mind, they are at least stimulating to the
imagination. They have touched the
popular mind and heart as no narrower
issues could have done. They have drawn
into discussion many men whose natural
temper leads them to keep aloof from pub
lie affairs. They have put temporarily
out of mind older and more prosaic ques-
tions, and they have broken down old
political associations and created new
ones. Precisely as it is true of an indi-
vidual who has passed through a great
crisis that he is always afterward a differ
ent man from the man he would have
been if the experience had not come to
him, so with a nation. We are not, and
we shall not be, precisely the nation we
were. We have a deeper feeling of re-
sponsibility; a sense of worldly wide iniu-
ence and power; a consciousness that the
eyes of the world are upon US, and a de-
sire so to acquit ourselves as to disappoint
our enemies and justify the confidence of
u friends. Boston Journal.
General H. V. Boynton, an old and re-
liable newspaper correspondent, says that
the criticism of the War Department
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