Rensselaer Republican, Volume 27, Number 26, Rensselaer, Jasper County, 5 March 1896 — Not So “Popular.” [ARTICLE]

Not So “Popular.”

The democratic organs persist in speaking of the recent bond issue as a “popular” loan. Let us examine into the matter, and see tow much it may be called “popular.** The bids amounted in number to a little less than 4,700; only 358 were for SI,OOO and less, the other bids being for larger sums, and generally eotning from banks, bankers. trust companies, etc. Of the 358 small bidders, 28J were outbid by Pierpont Morgan and the other Wall street men, leaving only Tt who will get any bonds, and all that they get will aggregate less than $50,000. Thus, out of this loan of 1 $100,000,000, only $50,000 goes to the people. That does not'strike us as being a very “popular” loan. —San Francisco Argonaut. CFThere will never be another secret syndicate bond sale. —N. Y. World. There never ought to be another bond sale at all, and there never will be another in time of peace if the jrevenue laws are so reconstructed as to provide for the needs of the government, and democratic charlatans are kept from tinkering them.—Poughkeepsie Eagle. ETlf the democrats think they must have a candidate for president who can carry his own state, it will be necessary for them to go to Texas for him, and it isn’tsocverlastingly certain that they can find him even there.—St. Louis Globe-Democrat. ' r r '