The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-03-19
CONE TO THE TURNING POINT.
Sol III. CohR Has . Few Things to Say
About Wiehitn and Kansas


| Upon my word believe that Wich-
1 tia has come to the turning point" said
/ Sol II. kohn at the Carey hotel last
night
! Mr.. Kohn was getting ready TO take
the train for New York but said he al
ways had time 10 talk about Wichita
What makes you think that Wieh-
| tia has come 10 the turning point?'
Il can see il in the general appear
ance of the city. You have had a hard
! time OF il since the boom and times
! have been hard everywhere and city
! like Wichita that could hold her own
under these conditions will soon be all
/ right.
! Times back east are beginning to
! improve and they will improve here.
/ People are beginning TO have more
confidence and that is always fore
runner of good times
There are some things. however
! that L want TO roast you people about.
( That Is your silver craze and your
Populist craze. These things are like
/ prohibition, they hurt your town and
/ your state.
II am really a bimetallist myself
I but we cannot have that now. Silver is
! deprecated and the world will not take
/ il and what Is the use for Us TO be made
/ a cats-paw to pull other peoples chest
nuts out of the fire Gold is the money
I
world to take our silver al gold value
/ 16 to 1.
Suppose we had free coinage, why
/ in that case would not silver be at par
| with gold?
! Why can not sell my steel for eight
! cents a pound like / did few years
ago?
| We'll, why can't you?"
| Just because we have learned TO
make steel cheaper and We make as
much money now at four cents as We
| formerly made at eight cents. If L
| could now get eight cents | would I'LL
the world with steel L would make
more than people could use and they
would have To store il like silver was
stored under the Sherman law.
| Just the same people have learned
| how to mine and turn out silver and
| if all the world were 10 have free
coinage of silver IL would not be at par
| because there would be an over sup
ply The man who has one dollar will
/ take silver but the men who handle
/ the commerce OF nations and require
millions of money will not take It, No
| body win ship sixteen pounds when one
! pound can be shipped that Will serve
4 the same purpose.
This talk about the scarcity of gold
| is overestimated. people will find the
gold when they have to have ii. They
|
South Africa and / shall not be sur
prised if in a few years, there viii be
mines there that will yield more gold
| than the famous mines of this country.
! What do the people in New York
| think of the income tax?
| They think the poor people Will have
| to pay a part Of It. That is people with
an income tax of less than $4,000 Will
| have to pay a part Of it. Men who
have an income from rents will make
| the renters pay ii and people who
| have money invested in stocks the
I corporations will pay ii for them.
Suppose you have an income of $500
year from stock in a railroad, iron
| foundry or gas works and the corpora
! ton has to pay an income tax
which they all do, will not you get just
that much less dividend on your
stock?''
| RnnnhIicans register without fail to-