People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1894-08-24
New York Her1li.l

Is there conspiracY-a monarch
cal conspiracy against the United
States government? Just such SEN
sational suggestion comes from Eu-
rope, and the sponsor for it is man
high in foreign financial circles-one
who has had the closest relations with
the greatest banking institution of |
Great Britain.
It's in a letter to a New York man
of social and business consequence
that this startling theory is brought
forward The letter is long, and it
goes into details which suggest that
the writer has spent much time and
study on the question from which he
ELECTS the astonishing notion that the
United States is being secretly warred
upon by the monarchs of the old
world. From one of the statements
contained in the letter it is to be in
ferred that before lorg the writer
may demand, through a member of
parliament. answ ers from his govern
ment as to whether or not there is
substantial basis for his suspicious.
Such an inquiry would be likely to
produce a marked sensation.
1t is apropos of the tremendous
shipments of American gold abroad
that the letter makes most ado. In
these shipments, according to the
writer, is to be found absolute evil
dence of what he badly characterizes
as "the conspiracy"
Whatever the foundation for such
suggestions may be, there certainly
is abundant interest and uniqueness
in his theorizing as to the cause OF
the American gold expectation move
ment, which has now extended over a
period of three or four years, and
that without any satisfactory expla-
nation, for through the greater part
of that time-almost continually
the international balance of trade
has been largely in favor of the
United States, and should have been
causing the flow of gold this way in
stead OF from here. So much of the
letter as bears on this alleged con-
spiracy of the foreign powers against
our government the Herald is permit
ted to quote.
Movement OF the Gold.
at is simply impossible" says the
writer, ito PROFOUND or defend any
theory which will account for the &C.
emulation of American gold in
Europe-or, rather, the taking away
of Americas gold by Europe-if one
tries to harmonic this gold movement
with the natural and apparent condi
lions of commerce and trade finance
The reason must be looked for in fal
different quarter The gold move
ment 10 Europe from America is no
natural. 1t is manufactured move
ment. Who are the makers of it an(
why should they make it? None o
doctrinaires can tell Some of then
attempt explanations, but their effort
are stupid and inconsequentiaL
THE United States might as wei
face the facts in the case-she is LOSING
gold for the reason that Europe is il
a campaign to weaken and discredi
her
Three years ago the United State
had between $500, 900, 900 and $500, 900,
600 of gold in the government treas
nry. Your publicists and your pres
were agitated over the problem of wha
you could ever do to relieve yourselve
of the incubus OF the surplus Nov
your treasury gold is below a quartz
of what it was then, and there seen
sbounding indications that the figure
will go to far lower figures.
THE prospect is grave enough, in
seed, to warrant the prediction tina
before the summer season is ende
: you will be embroiledin active worri
sent as to ways and means for re
storing your diminished gold supply
"Just as your fund has gone down
he gold holdings of the depositorie
have filled up. Give more than
casual glance at the figures and 20
will be astounded at the showing
When your government bad over $3.50
100000 on hand, the foreign gold holC
ings were considered ample, so far a
Europe's own estimates and calcult
tions were to be relied upon. But th
telling fact is that every Europea
power of the first consequence ha
been assiduously engaged ever sine
in accumulating the yellow metal o
an extensive basis See the figures:
Bank Of Germany, increased in
three years. ................. 100000
Bank of England, increased in
three years .................. 10000
Bank of France, increased in
three years. e. .............. 100000
Bank Of Russia, increased in
three years ...,.............. 100000, o
Total ................... ..sS95, 1000
"And that is just about the amour