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Whatever May Be Ultimately Done

Whatever May Be Ultimately Done image
Parent Issue
Day
28
Month
September
Year
1893
Copyright
Public Domain
OCR Text

n regard to free coinage of silver, nature's free coinage of products will not be disturbed. Plow your fields and plant your crops, and you will not be restricted by law to the number of bushels of corn and potatoes you can raise per acre. Brains and brawn will be the bi metallic currency of the farmer, and the bank of nature will take them on deposit and pay big interest regardless of the usury laws. The weary, wordy, aimless discusi of the repaal of the Sherman bulion purchase bilí still continúes in the U. S. tenate. Such men as Stewart ■and Teller are consuming three or four ilays in a speech that does not say a new thing or add a new ray of light. The represen tati ves of the people spoKe' promptly in the House of Kepresentatives, but the "American House of ■Liords," like its British prototype, has assumed the work of obstruction. The overwhelining majority of the people of this nation wish this question settled and settled quickly. The country wishes i vote that it may know what to depend upon. It wishes a vote in order that this repeal matter may be out of the way, and steps may then be taken at once to bring about an adjustment of the relations between gold {and silver. The country desires both metáis as a part of iis currency system, but beiieves that legislation is necessary to determine what should be their ratio .in view of the vast increase in the product of silver, and also to place silver on the proper basis as currency. The long-winded speeches in the Senaieare uot only inj uring the business of the country and adding to the suferings of the unemployed, but are Jelaying this settlement. Yet tfce strangest of all facts is that none of those who are speaking against the repeal of the Sherman law are friends of that law. Tite rnsii has beea made, the rromïsed land entered, and a great ïnultii by this date have set tledwhere, in their own minds,it is a land of milk and hom skagolast Saturday at 12 idian the signáis announced that the okee Stripe was open i settlement and many tens of thoaaanda, estimated ■i 40,000 to 70,000 rush' d arrross the Ier, yelling, shouting, on horseback, on bieyeles, in wagons, on a railroad train, engaged in a mad chase as if tor life. In two hoiirs selerted town sites with oaly a governmant shanty and lag grew to be cities, before night the available land of the Strip was elaimed, thousands were disappointed, some killed, and thousands more enduring hunger, thirst, and intolerable and dust to hold their claims. A will draw prizes, some will build up contented homes, bat nine out of ten of the "boomers" had done f ar better to remain where they were, or to some of the cheap lands that can secured in abundance without a contest. Yet it was thus when Oklahoma was opened, and will be when the next Indian reservation has its ::uriers removed. A glittering prize that gives one chance in a hundred of ■ ss, will have more attractions for the firowd than the slow but sure retess aventurous toil. The Chinese question of this country is in a,n anomolous condition. Leading constitutional lawyers assured the Chinese that the Geary law was unconstitutional and the Chinese entitled to registration declined to register in-the belief that it would be decided unconstitutional. That there was some ground for this belief is shown in the fact that nearly half the Ïiidge3of the Supreme Court decidec against the law, and it was sustainec a bare majority. A United States Tudge in New York sittingon the case ■ Chinaman who had no certifícate though he had been in this country twenty years, held that the law decreed nis expulsión but failed in that it had not provided the manner and means of its own execution. A California United States Judge sitting in a simi liar case decided that the Chinaman must be expelled and that the Unitec States offlcers must carry out the lan In t.he meantime Californians, pro bably European foreigners, are engag ing in anti-Chinese riots.and Congress man Everett has introduced a bilí to give the Chinese nearly a year Ion ge for registration. As a result of nego tiations between the Government anc the Chinese Minister to the United States, it is said that a bilí will be presented to Congress for the raodification of the worst features of the Geary law. The chínese Government intimates that ifthis country discriminates against Chinese, China will have to discrimínate against Americans in China. In the meanwhile, pendiing egislation, it ís announced that the enorcement of the Geary law will be deerred a few months. Once in a great while the editor of he Times has something in his editoril columns that is really sensible, lis delivery last Friday in regard to he affairs of The Register Publishing Company was not one of these happy xceptions. In speaking of the petiion of the editor of Tiie Kkgister o have the sale of the plant postoned, and the assignee bounsed, as it vere, the Times man, with his limited nowledge of the true status of affairs, akes it upon himself to say that the ebts of the company are as large as he appraised value of the whole busiess. The Times man knew well enough when he made this statement that he id so on the basis of reports of paries who were especially interested innaking the amount of the debts apear as large as possible while they vished to make the plant seem to have s little value as possible. The facts n the case are tnat the appraisement made week before last, under the diection of the assignee who was absoutely ignorant of the business, and who was appointed to the position beause he was the paid attorney of hose who appointed him, and who upposed he would be their tooi, was a stupendous farce. In the first place he appraisers were never informed by the assignee what belonged to the company, or instructed to make any effort to find out just what constituted he property of the company. As a reult the appraisers, who meant to do what was right, included in the list of articles appraised, some fifty-seven or more items, none of which do or ever did belong to the company, while they omitted some of the most valuable parts of the company's belongings. Certain copy-rights owned by the company, which could he sold any day for a large cash consideration, were appraised at the cost per pound of the avordupoi3 weight of the 25c. per lb. paper on which they were printed ! Yet the editor of the Time says the appraisement, the farce that it was, is high. A man arguing in this way, would also necessarüy reason, in case he wished to employ a man to write his editorial?, that avordupois was the only thing to be taken into consideration, and that it would make no difference whether the weight was in his head or in his feet. It seeins very much as if the person who vvrote the Times editorial, referred to above, was a person with the Jatter qualification. In regard to The Kegister Publishing Co.'s affairs t!ie faets in the case are that the plant, books, copy rights and good will of the company before its reputation and standing were seriously impaired by the trouble which has been stirred up, were worth i'ully twenty-e:ght thousand dollars. The debts, lesssome four thousand dollars of colleetible accounts, would leave about eleven thousand five hundred dollars indebtedness. This taken from the value of the plant would leave between sixteen and seventeen thousand dollars worth of property to represent the stock issued which would niake it worth fully one hundred cents on the dollar.

Article

Subjects
Old News
Ann Arbor Register