The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-07-18

~ ~ ~ NAN Dlll1 Il Oh
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But now the cry is on to Pskin. and re-
vcnge Is Its promptcr.
------------------.
Assistant Treasurer OF the United States
Jordan suggests such n revision or amend
iment of our banking laws as viii establish
one great central bank with branches every
where throughout the country. something
after the plan Of tho European countries. II
was predicted when our recent currency leg
isiation was enacted. turning over n great
! portion OF the government authority in the
issue Of money TO the National banks that
the tendency was TO concentrate the bank
ing business into ono favored system which
would be all powerful In shaping the fnau-
cial conditions OF the Nation. This sugge9-
ton OF Assistant Treasurer Jordan Ia the
logical step further IN this tendency to create
huge banking trust 1t was foreseen by
| The Post and so stated more than a year
| age, that ths next grand DEVELOPMENT In
tho trust wav would be organized money
trust and the accomplishment is coming rap
idly. The result is inevitable II republican
financial policies continue to prevail-cen-
tralization and Imperialism need 1t In their
business
Houston can get industrial enterprises II
sh, wantt them.
Says tho washington Times: Candidate
Mckinley exelaims In an agony of terror,
The menace o, sixteen to one still hangs
over usl" In 1896 he was understood to stand
for that menace. or pc could not have been
elected Conditions have changed, and. be-
ing good Methodist, tho president NAV be
excused for msstating the present odds. The
other dav in Wall street they were four TO
ono in his favor. Now the betting is on tho
basis OF even money. But II is conceivable
judging by that slump, that they might get
to sixteen to one against him before the end
OF tho campaign. That. indeed. would be a
menace
This city ought to be the largest in the
South in tho next ten years.
There is no capital in tho world so de-
pressed at this time as London. Tho fruits
OF her aggression and imperialism are turn,
ing to dead sea apples in all quarters OF
the globe. while the tax upon her resources
continues to grow alarmingly in volume. II
the fabric of her greatness should crumble
sho might apply for annexation to the big
Union. We might make couple of very re-
spectacle States or territories out OF Great
Britain and Ireland-if we do not want to
heed disastrou, examples OF expansion!
Prince Tuan is doomed--he is beginning to
be called this Napoleon OF China"
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When In 1896 tho leading ard, in fact
-
could at least respect the honest convictions
of honest gold standard men. but now when
the controlling issue is tho safety of the
republic from tendencies toward an empire
the man who deliberately announces that he
| would sink the republic before abandoning
the single gold standard is worthy the re-
! snect OF no one. He is the real traitor to
| his country.
No town In America offers better oppor-
tunities than Houston for investments,
Better surface drainage is one OF the live
and most important questions Of the hour
in Houston. The statement will bear repe-
titiou that there can be no excuse for the
failure of the city authorities to promptly
solve the problem.
! The prosperous retail business in Houston
has kept it from becoming ere this great
| wholesale and manufacturing point
--------~----
( Spain is to be congratulated has been
! generously relieved bv the United States
/ from any danger or worry from the yellow
peril in the Far East She can quietly
! build IN her wasted commercial and agrl-
! cultural energies and remain happy In her
| Isolation.
The veteran Ninth infantry ia now IN
| position to testify tina; this Chinese are an
entirely different proposition from the span-
/ iardr or the Blllplnos.
| More coal mines are to be developed in
/ West Texas and the newly discovered neld
/ in East Texaa ia giving additional evidence
OF its value. All that Texas has to do to
obtain great wealth ID 10 continue 10 dig for
lt-uature has done her part.
new danger in this Chinese imbrogllo
is that many exctahle or unreasonable
Americans NAV FORGET that we have a re-
public to save at home
IT is a waste Of money 10 put down pave
ment on streets and have II quickly DESTROYED
or rendered incapable Of use lust when It
IS moat needed. because of neglect of drain
age,
| The government at Washington can rest
assured that the democrats will not attempt
to emharrass any necessary or lust action
| which 1t may contemplate in the Far East
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EXCHANGE INTERVIEWS.
It'is Internationally a fact that tho country
! is far more prosperous than " mas been LOT
many wears No matter to what this Is at
tributed the fact will nevertheless be OF great
assistance TO the republicans this year
Llaho Times.
The people can not be TO any great extent
deceived as to the character Of prosperity
which exists aud they all know, or will be
made to know that we are paying dearly in
largely added cost of living for that portion