New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-10
financial.
The monetary TRUST,
20 BROADWAY. NETWORK.
Financial Forecast

IIII0IIOIOI VI OO0St
hs. fo-ecas,s have already pointed out remarkable
conjunction OF favorable basic forces now building ounda
ons for coming wealth in the United States To-day
new development equally important looms up before US
For the frs, time history Of the country both ma
oraI rar.s are swinging from the pivot OF sound
money Sensible Democrats will support President c,eve-
land and the Republicans will make still louder claims Tor
.,rd money Both parties will struggle in the same
direction Republicans may win at the polls. put
prssider, Cleveland win in Congress During the
coming both branches Of the National Legislature
Will stampede toward gold
Tbss forecasts result; with foremost
men political commercial and financial and they are ue
signed 10 bring nnanclers investors. business men
into common understanding. whereupon they may base
ber operations They endeavoring 10 counter
act the influence Of exaggerated gloomy utierances IN
New-York which, being simultaneous with forced quota
,ors NJ professional manipulat0rs retart the
natural movement Of capital which l. always uini be
fore business had excated Itself from the crush OF the
LAST panic similar exaggerations stampeded people
into currency throwing banks Into chaos ndutrla
machinery into silence idlensss. Vow
again alarming Language about gold exports ex-
ocy az Indicated precipitation to silver
bag.s instead discontinue to the United States
Treasury relief would be 10 the financial pupic
~ the great journals would "a common effort TO
handle disturbances with the caution and skill OF
surgeon show considerably all improving influences
and that financial circles need repose that cHpai
is easily alarmed credit the principal foundation
OF all enterprise prosperity develops most when
confidence general
+ Weeks ago these forecasts a profound convic-
ton has developed among people Of the United states
in favor Of gold standard" and silver VIII come out OK
our laws as has already been taken out Of the vii.
o, the people" Thursday the New-York Evening
Post gives ed,orally the same concuson NOW II may
be absolutely certain that the gold doar IS the
unquestioned standard the IN contemplation
Of public opinion. a well in contemplation OF law
The United States artificial value 70 silver
II failed All Efforts sustain false values ultimately
fail The OF silver VII come from natural DE-
velopments. Already mines and gold enough III
sight 20 reduce the relative value Of god. FROM 'h's
natural Development viii restoration OF silver as
come other reservations. they al all BUSINESS
and should base their operations on GER
| talriy OF gold basis.
? The income OF the affected by panic
exactly business and It's income has
prosperity developed. The equilibrium Oh
Treasury will be established and the income OF me
Government made expenditures by the ha'uIai
development the present industrial epoch Even II the
should force issues Of bonds 50 long az
the income Of exceeds its expenditures
gold demand notes would not come out again when re-
celyed. What calamity would come II more bonds are
issued under such conditions? What loss II the peop.e
United States keep their money instead OF paying
additional taxes and pay what they Keep?
Given income OF the Government IN excess OF It's ex-
penses with ultimate gold standard assured. In view
Of the wealth and future Of this country ne"
should serious consideration and gold
shipments passing shadows They illustrate mat
people Of the United feel their wealth Thou
sands OF rich in Europe spending gold. and
thousands " other rich az home sending gold
abroad for champagne kid gloves and Paris bonnets
II such sustain them. these ex-
penditures would The National Bank Comptrer's
shows that the entire loans Of National banks
September $34 10000 arger than last September
which concusiyey proves that business representatives
found for their money and much more. and
illustrates gigantic Of the Of this
which afford such expensive imporiations
g. Weeks these forecasts suggested that possible
gold exports may prove blessing disguise" Some
days since The Evening Post edtoriay discussed the
same possibility I, gold exports force a issue Of
bonds may rely upon that Congress will authorize
gold bond Instead Of losing millions doubtful bond.
The effect 81 decision would be electrical Whether
have gold shipments not. whether they used
FOR further manipulation CT not THIS much we
believe certain. sound securities now in down curve
u values which will be The lowest FOR period Of
We will place the public inside OF Wall Street.
Certain with financial populations officers Of corpora
tons and members OF Wall Street firms compose the
msnlpulative which the radical changes in
quotations Of socaled securities which they represent
Some 81 them having carried such securities since the
panic glad advantage OF the return OF
perity and renewed OF investors TO sell them.
After which they prepared for lower quotations and the
nanipuative machinery IN motion. Large orders
buy simultaneous with large orders sell frequently
-manated from the Individuals and found their
termination In the Office Such transactions do not
the minds Of buyers and sellers They hc,i
tous and false. but when lower quotations desired
they force the figures. simultaneously tn. air be-
filed with gloomy forebodings The fact is the
largest changes in quotations Of securities have lit
tie do with the real forces which govern genuine
values Certainly legitimate conditions viii finally control
real values but these alleged securities values.
Their movements bear about the relation TO
material prospe fty that gambling % Monte Carlo
bears 10 the financial situation u Europe Without doubt
Kafhr influences. and overspeculation in Eu
have International securities NewYork,
have caused Of the last decline But Il doubtful
II these influences would have affected 81 Paul. North
and Lake Shore. for example. had they been
listed the NewYork Stock Exchange for. during the
period. the Standard oil Company's
steadily advanced Only this week that corporation the
ablest group OF hnanciers which commerce has Yet
brought together declared an extra dividend OF per
cent Why do they pay these nj lli0ns view
OF Karr troubles and possible gold exports WIN gold
exports cause that corporation stop bust
ness or decrease the earnngsof Northwest and ST. Paul?
There be but half Of the so-caIled nfu-
ences which depress such quotations simply
which manipuators when they destroy OF
nnocent- The beginning and the end, the top and the
bottom. Of such manipulation slaughter II IS not
sble make money Wall speculation When
insiders own worthless stocks they - up. When the
public owns them they lowa. The guibiiy Of buy
il constantly amazing A studen, OF Wall Street
They never know what they buy II II Is railroad. they
do know whore begins ends They buy
formation which has been manufactured FOR them They
sell Information also manufactured for them This
Institution does business Of this class
stands between the investing public and Wall Street
financial slaughter house. II keeps clients ~
pools and from pitfalls There has been radical
decline such so-caled guided by
The Monetary Trust. held a single share Of them
share OF so-caled industrias share Of
bankrupt railway stocks. rail-
shares which protected by net earnings This
institution Is engaged In work II undertakes 20
make than simple interest upon placed in its
hands by selecting bona nde values when they be
bought bargain 1t appreciates the
natural forces which determine u securities
long before conditions have public II does
expect all its purchases show immediate profits.
There is royal road wealth. and slow and careful
be- the penalty Of gain The retarded
OF 81. Paul has been disappointment because
We antic he lar nnpo Ioa-