New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-12-26

=, H''giir of the money market by buying bonds
+; an unthrifty. Indirect, costly ana nen I I've
h ~ a,, not tie same people TO whom the money
non - 20 in order TO relieve the money market
roNDnoLDERs PREFER THE BoND.
r,, bondholdcrs prefer the bond to the money
WLon naid they invcs, the money in the kind oil
l.,,., nearest Ike The one paid OF when Is ac-
,,..;l,lo 10 them This may even he the bona ol
80, ot,cr Government. and in this case the money
nh the Secretary of the Treasury pays to the
hnndhollrrs may 90 10 bay the bonds Oh mn,
prcnos Nvrrs Brazil, instead OF I" lign'eh nv
Li,ricus of American merchants OF move Wv 'i'lo
-, ,ncrican farmers. Very lew VINO lh\cs' IN
C,rrnurut bonds also buy comlncrclaI paper iic
I.' or is the channel of Investment 90 lnc ~
tircd capitalist who IS "noiIy o"' W WV ,,,,,,
I wants ONLY quIc and > per cent peg aiiiilhl.
'ri latter il tie channel OF Investment OF iIc ''S,
.ho are in the very niidsi OF th" stream ahn W"l'
20 rrr cent. BESIDES, poor as TINS h''Ncsn'' , ~
r, 'Gnycrnmcni debit viii all soon bc gone, an1
,i, ,,i mat can the Secretary do Tor thr Hl'lNc,
Tbird-lt should also be considered aNl"in',l' ~
finance that loans of paper currency ia or"cI ~ W.
sound and healthy, l. G., IN order TO ne ptiu "m',
H ,,,t br made by banks which risk their own
,r;,,te c,plt1l in their business on cohhcI'l'.
Liner They cannot be made by "oN'Ihl''li'
r., ia farmers on their crops, nor 10 "Wi-
nIl,r. on their land. nor to planters on tncr coy
t,n nor 10 Knigh's l.ahor ON their u'I ""'N'
rnr to merchant, Of their eopdS, nor 10 r''"''''
mircs and furracrN en- ter ont ho r,odc to
The reason why they cannot safely y" u'''" ~
t.,ncrs nm their crops IS because mere u ~
,.,itimatr place or need in farmer n's'I'>9 i"i
v.Lot is known in commerce as rIr'"'' ~" n
,.',r ,Lo i doing productive business mas ANY
'"'" - ,rolit Every article a farmer prudNc,a'
,,u lis wheat to his eggs. sell, for cash on " '
ii.rv and on their leading crops farmers can H.
nav one, two or three months IN 40 ~ VI
delivery of their crops II 'h'N VAN y: III Vast
cash far wheat" is the chci sign III an W.
arm tny,n, Rut where do YOU see - casn Tor MAN
ri CIV, , WAN oonds cash for cloth. cash ipi
h,n
rI,ror. farmers sales manufacture Nv
cial paper whatever To. Of manufactured
i. arc an tmc-6O 80 90 da\s-ahd I'N.'l' III
1',,crriul credit Ia this way III" mrrcI ".'"
',',f,rturcrs come TO lavc a cpnmrrcbi 'i''!,
In.n- can ~ rule. ne hl",W u" ~ 'o,.'L,', dur
iiit confidence that they Will he paid "'''n ui
! I.rli,, busirc,, can hc done ON inns r',",'
Urt "a, no farmer. clergyman. ""|c'i ",'
.'LcoIt.aclcr bookkc"por. salesman ul'''i i
i;c, Insurance agcut. LIGHTNING -rod Nch"ri' 49,
I" cJitnr ar publisher OF daily ncWSpPrI'
met author philosopher. poIiuclln, jor,
rnllrcc professor. African explorer lnN NV u
,L,,-r ,r clerk is called on 10 produce ~ ~,
anvthlng except for cash there Is 10 opp'iL ,n
on on ,Lc mart Of any Of them 10 need ~ h aNc
commercial credit. and as class my i"i. lar
4 banking business cannot ne done o" ''''''
,rn porrow Is l:rIN FOK THE FARMER
4, ,,rc,icor farmer who owns his farm CON
s.rt. f. borrow only because and wien ne i S'Il'
t.:. c,,,it.,jhc borroN,. if ~ al. not because
lac can ard will ,ov. ut because he can h"' pay
If..,cc. to c,irr on course Of borrowing Is a'
"a. lin, ., TAX. To drinking
surely "' Iva" " .,t ,,i.h farmers can
Always the lacHtN VIM 49, t,rili,lc, for
borrow Is Tar IN auNaH'r "' ul. ~ in that
having. Nowhere ., thls la'' ~ 'N''. ~" H,tnyi
State II Kansas which ms tc'eH'N i.r,,,r.,
Gated hy thc liashccNh dreams ~ .I I,"tns IN
Alliance and is hcscrD inS tn' ny" '.'I , ,,,
lend money on their wheat. III '''.' ,'t,,a, nor
lo.,lc>i bon this howl are rot rhsin- '"; ,,,r f
ANYTHING else 40 quantity sum ~ P'i ,..
t,c cost of raising n. such oi IrW '' "'.'
W heat can have uo occasion :" 'o,,,C" va -, ..,
they can sell D. 90 sight in 'E'Ih G"a,,r'Iiy.J
40 quarter "i the mo" w., ,,, C,n,, Fl.frrn
hy cNcc-eiF' i'ri,iN WI "l'- I,.c ,,.ifrd
moucy-lcnd.Is 49, Western N'..'~' ,.', 49, crnn of
county SEALS there "h'I' ",' ,y.,,.t within
auy Kind for human i'"I nay ,T." p ,,,,,' .'t -.
twenty miles on any Soc '' '"' I,1,cc i,'
Or %, r'HI "ia '.,.r- ,,.y,,cs in slch
either direction lr' more "c', ',o,, ,a,r,,.
county sr.', for hoiI"" lu- l'"'' ,,t .,cr ,,if,
mort .l-c~. WII.r urrd irIN- liI " -'''''l' '