Show THE STANFORD LOAN BILL Senator STANFORD is certainly sincere and earnest in the matter of his bill to loathe n loa-the farmers of this country SIOOQOOOOO for twenty years the interest to be 2 per cent per annum We say the Senator is iu earnest for STANFORD is too good man and too honest and sincere in the matter of life to propose a scheme in which he did not believe And yet one cannot easily undnrstand how a man of Senator STAN roans brain and business capacity can advocate ad-vocate the ridiculous plan which he proposes pro-poses He must do so out of pure goodness of heart and a desire to help tho poor farmers On no other ground could he possibly base his advocacy If another man should present and urge the proposition proposi-tion people would at once inquire as to the fellows personal interest in it that thero is no such inquirp now is due to the fact that everybody recognizes in Senator STAXTOHD a man who is too big and too honest to practice the methods which too many of our lawmakers follow At the same time the bill which STAll rono has introduced and of which he is making hobby should be promptly and emphatically sat down upon It is full of hanger and ought to be killed before we became be-came so familiar with it as to lose sight of the evil which it contemplates and would certainly bring upon the country If the bars should be once lQt down and the government set itself up as a banker or mortgage broker it will be difficult if not impossible to close the door and restore matters to their proper place If the nation shall loan to farmers it will next have to become the creditor of manufacturers and then the carpenters the bricklayers the mechanics generally and the day laborer will come forward with demands for assistance and it will not to long before the treasurer has a mortgage on the property of the republic and a firm grip r upon the men who nominally own the prop arty Imagine the power which a treasurer would have under such circumstances But the political evil growing out of the operation of the proposed law would not ball e b-all the harm that would come from the statute The STANFORD bill would at once revolutionize the financial business of the country chauging all our methods establishing estab-lishing new rates o interest and closing many of our monetary concerns The moment mo-ment the government went into the mortgage mort-gage business and loaned money at 2 percent per-cent per annum there would necessarily bo a readjustment of interest rates generally gener-ally and this would be attended by disaster dis-aster asterhe The scheme is altogether wrong and because it is wrong we regret that Senate STANFORD presented It and is so determine in its advocacy |