If the compromise tariff bilí is to bec...

If the compromise tariff bilí is to become law, it should be with the distinct understanding that nothing better is possible at this time. No other defense of the raeasure would be possible. The political status of the senior senator frotn New Ybrk is still in doubt. He is reported as spending much time consulting with republican senators. They will undoubtedly use him if they can for their own partisan ends, but they will hold him in hearty contempt at the same time. On Wednesday, "Gen." Coxey appeared before the house committee on labor and stated his case. After listening to him the committee decided to recommend an investigation of the commonweal moveraent by a committee of both houses. Coxey was much pleased. The democrats of the third Ohio congressional district had the courage of their convictions and made their fight squarely on the issue of tariff reform. They denounced Senator Brice for his treachery. They won a magnificent victory. There should be a lesson in this for democrats the country over. This indicates that the principie of tariff reform is still potent with the people, and that the republicans will have no walk-over this fall as they have been boasting. The San Francisco Examiner sent out requests to the chairmen of the various democratie state central committees asking their opinión of the course of David B. Hill to the cause of tariff reform. Twenty eight of them responded. One only defended his course, three would not commit themselves, and twentyfour condemned his course unreservedly. The frank avowal by these wary politicians of their views is pretty strong evidence that they regard Hill as being out of the range of democratie possibilities for 1896. Once more Illinois is moving in the direction of nominating a candidate for the United States senatorship by the people as representated in the state convention. Her past experience with senators whose candidacy was thus brought before the legislature has been most satisfactory. Two of the brainiest men who have ever represented that state in the senate were put in nomination by the people. By this method the undue influence of money and great corporations on the legislature is in large degree eliminated. It would be quite impossible under popular endorsement of senatorial candidates for mere wealth to reach the senate through corrupt cabals in the legislature. These senators who are dependent upon the people fór their position, would be compelled in some degree at least to give heed to the mandates of public opinión. The senate would thus be brought into more responsive relations to the people and there would be less dilatoriness in executing the popular demands. There seems to be a considerable agitation in Germany in favor of the rehabilitation of silver. The advocates of bimetalism in that country have submitted to the imperial currency commission a number of propositions looking toward a satisfactory solution of the silver problem. They claim that had it not been for the non-commital attitude of the Germán delegates to the late international conferences at Paris and Brussels, an international ment would have been reached which would have avoided the present unsatisfactory condition of the silver market. They desire that another international conference be called to meet in Berlin and that the Germán government prepare and submit some plan for the rehabititation of silver which will meet the approval of the United States, France, Spain, Austria-Hungary, Italy and the Netherlands, and that, if England will not accede to the proposal, action be taken independently of her. While these efforts will not be crowned with immeriiaté success they contain much of hope as pointing to the present drift of European sentiment and the ultimate right solution of the silver problem. Reports from Buenos Ayres are to the effect that another financial panic is imminent in Argentina. It is feared that the business paralysis and uncertainty vvill precipítate a revolution. This trouble is the result of the inflation policy which has prevailed there for years. The statesmen of that country, either through ignorance, cupidity or weakly compliance, set the printing presses running and proceeded to "make money equal to the wants of trade," until the percapita circulation was considerably above $50. There was no scarcity of money, but much complaint that prices were constantly going higher and higher. More issues, state and national, were put out, and for a time there was every outward appearance of great prosperity. The day of reckoning came, however, in 1S90, when the people began to lose confidence in their fiat paper. "Then," according to the Chicago Herald, " followed a collapse, with consequences faintly indicated by the fact that imports from the United States alone feil in a single year from 88,700,000 to $2,600,000. The whole cheap money structure crumbled, bankruptcy was all but universal, and industry as well as trade was brought to a standstill. The prostration has continued to this day, and the two or three violent revolutions which have already resulted directly from the inflation folly bid fair to be followed by still another." The fiatists in our own country might learn a valuable lesson from this experience of our neighbor, if they would study it in the spirit of teachableness.