Show KNIGHTS AND THE SECRETARY The suit against Secretary Carlisle has been very properly sat down upon by Judge Cox The Knights of Labor have no standing in court as an organization organ-ization These societies need to be OJ S U taught a lesson of that kind Every American citizen has rights in his Individual capacity He has no more when combined with a union or labor organization Those societies have their proper sphere and are useful for the purposes they were designed to effect But when they endeavor to control legislation dictate to public officers or interfere with public business busi-ness by appearing in formidable array before courts they need a gentle reminder re-minder as to their proper metes and bounds There is too much of a disposition to pander to such organizations in public places We have had some illustrations illustra-tions of it in our own Legislature te cently The fact that a man represents repre-sents a labor organization or a number num-ber of such societies and is backed by them for some public place ought to cut no figure in the selection Neither Should it militate against him It ought not to be considered When representatives of the public pander to that element it shows that they have in them a good deal of the dsma gogue This is not saying anything against the unions in their own place und influence They may contrQl the hours and the rates of labor l of their own members and may accomplish good for the workingman by such endeavors But as such societies they must not control courts or legislatures or municipal councils or public officers Whenever they attempt that they should be brought up standing and showed the limits of their lawful power 1 The authority of the Secretary to issue is-sue bonds in the manner proposed h Snot S-not been definitely settled in the decision de-cision of Judge Cox But it is a st pin p-in the direction of the recognition of his right to do so There is quite a cohflict of authority on the question and also on the propriety of the issue apart from the legal question involved Among the press opinions on this ices tjon are the following which are worthy of consideration Before any more bonds are offered Congress should order the coinage of the seignorage silver St Louis Republic Re-public Dem If any additional money should be really needed in the meantime it could be procured without any Congressional Congres-sional action by coining the seignorage silver bullionDenver Republican Rep Mr Carlisle has again shown his fidelity to the interests of the people and that rare quality of statesmanship the ability to apply general principles which are undisputed to requir ments that have not been foreseenNew York Times Dem When the counsel employed by the Knights of Labor come to look more closely into the subject they will find that the courts of the United States never enjoin the president or members of the cabinet frort executing the laws of Congress New York Evening Post Ind The financial demagogues in Congress would like to embarrass the countrys finances simply for political purposes Mi Carlisle deserves recognition for the stand he has taken He intends to preserve the countrys credit even though demagogues of his own party may do their utmost to prevent him I Cincinnati TimesStar Rep The question in the matter of selling bonds to meet the deficiency in the revenues is not one of expedience but of necessity The secretary has adopted adopt-ed the only alternative within his reach The blame for it rests elsewhere than on the officer who has been driven to it against his wishes and in spite of his earnest appeals for authority author-ity to solve the problem in a better WaSt Louis GlobeDemocrat Rep It is no credit surely to the Democrats Demo-crats that having full control of both branches of Congress and being urgently ur-gently advised by a secretary of the treasury of their own political faith they have neglected to give the authority author-ity askPd for and compelled the secretary secre-tary when the situation would no longer long-er brook delay to do the best he could with such authority as ne does possess That he has authority to issue these bonds may be admitted Providence Journal Ind Secretary Carlisles proposals for a bond issue have on the whole received a favorable reception in financial circles cir-cles There especially there is regret that Congress had not seen fit to grant fresh powers to the treasury beyond those embodied in the act of 1S75 The general impression supported by the latest advice from Washington seems to be that the han will be oversubscribed oversub-scribed and that the tenders may reach prices crrying the average return upon the bonds to as low as 2Y percent per-cent Bradstreets Being in need of money to pay its i just debts the government has two legitimate ways to get it One is to levy more taxes and the other is to borrow the funds The first is impracticable imprac-ticable because it will take too long to levy and collect the additional taxes the second is objectionable because it is always objectionable to incur debt Butthe second will be no greater burden bur-den than the first would be and in the present emergency it is the only safe and effective way left to us to meet our national obligations Louisville Louis-ville CourierJournal Dem The present enlarging deficit of the national treasury never would have existed ex-isted if it had not been for last summers sum-mers panic which caused a great fallIng fall-Ing off in imports and consequently a great reduction in the revenues of the government collected on imports The issue of bonds at the present is not in any sense a change in the debtpay ing policy of the United States It is a necessary procedure for obtaining funds to tide the treasury over a temporary tem-porary deficit in its revenues and as such it ought not to meet with objection objec-tion from any citizen Kansas City Star Ind As to the secretarys authority for the issue it is not regarded as being I at all questionable in the judgment of financiers and statesmen who are best qualified to interpret the resumption I I act It must be remembered that there are honest differences of opinion as to the wisdom of borrowing money on any terms The silver men assert that the secretary has an assent at hand in the shape of seignorage on silver purchases pur-chases that might be made available There are others who hold that the difficulty may be met by a flat issue of currency In the absence of any other authorized course however Mr Carlisle had to adopt the alternative that was at his disposal Washington Post Ind A correspondent asks us what plan other than borrowing would the Constitution Con-stitution suggest to Mr Carlisle at this time The question Is a very timely one and we shall give it a plain and Democratic answer We would suggest sug-gest to the administration to treat the bond issue project precisely as Benjamin Benja-min Harrison treated it We should place the whole responsibility ton Congress Con-gress where ifc properlyb longs Mr Carlisle has donehls > whole duty when he lays before Congress the facts of the situation and urges that bOdy to act promptly There his responsibility endsand that Congress begins Con D gress represents the people and is the custodian of the peoples credit Upon Congress devolves the responsibility of dealing with the peoples finances Atlanta At-lanta Constitution Dem January 18 |