New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-12-01
financial.
the MONETARY TRUST,
80 BROADWAY. NEw-yORK.
Financial Forecast.

history OF mankind. Financially speaking. IL ia
taiiy which Congress had before and which the
present members will live again. Unusual
DEVELOPMENTS have taken place Of
breakdown In the entire Industrial super
structure o, the globe The Of mpcied by
fear or force have Withdrawn from and
tures until is now piled airnos, mmcasurable
cumuaton In eli financial % Europe The ulti
mate resul, Of international panic frightened
men TO fly for refuge 10 gold the last The
thereof ar" still Guverng with fear and will with
their gold for less than Government bonds The United
states can now borrow $500 100000 gold lower interest
than II could have borrowed before or can
borrow again unit! another International pan!c has again
suspended the earning OF money. simultaneously
the energies u Europe suppressed ard baed by panic
have recently burst forth In astonishing concentration upon
the production Of golG. Under this frenzy mankind has
torn open the earth in every mining region and has
posed gold to ,he human In such quantities 10 make
IL Inevitable that Il will constantly grow cheaper
pared with silver and other II United States
borrow geld to-day. VIII obtain Of interest
when II has It's maximum value and when the obligations
to return II become due VIII return that gold at time
when II viii he cheaper compared with silver and other
values than II has been before. The United states
VIII never make better bargain The difference between
the value Of that gold when ana gold when
returned viii the interest meanwhile and show
profit besides.
Meanwhile what the Developments IN his country,
In war time, and during former epochs politics
simply sentiment ancestral pride. party afration.
Other omotiona. force Under marvellous TRANSACTIONS
% panic politics have become
Hereafter workmen VII. with the manufacturers.
From congressional standpoint. business sensible
tariff and sound money. There essential difference
between the political parties reference tariff. and
al tenporlzing IL wlnble wamb.e between tweede
dun and tweedledee There IS bu, burning question
before the American people ,oday-hnance. The Presi-
dental election viii upon single pivOt-fnane e.
Hereafter the United States be group Ct manu-
factories As the Standard or Company exports pet-o
eum AS manufactured produces viii manufacturers
ri and t,rrfse
featured products. We best and cheapest cot
ton the best and cheapest lumber, and steel coming
from the ground almost ready We have the cheap
labor IN the world you estimate that abrers
work with mind and with Ingenious tools. Constantly
our eSpor OF Manufactured products increasing. aad
more and more vii. future upon this constant
growth Hy this VIII draw money here from
other countries. and the relative grip Of
country upon the wealth the world. The day Of the
whea: farmer. exporter. passed Export wheat
must be- grown in those climates where labor Is ignorant
where there are no manufactures. and home markets
American farmers and concentrate their
energies those products which will he needed by
the men and animals which manufactures support
Our irterraora. hnances be such that these
facturers AMI the International bankers who represent
Them shall rely good the best foreign
nation which reaches farthsst competes the most.
How enormous the gain II tho people OF the United
States should borrow $500 100000 god Europe
low rates " interest and thus keep their money
ard simply pay interest what they keep our people
in business. and reed money; they investing
President Cleveland and Banker Morgan again stand up
before us. the conspicuous juncture in
the whole realm % finance They know that dstrust
American finance ls barrier between the heni-
spheres end keeps foreign money away. A battle is
impending a. Washington in ,he Interest OF commerce
and haanc- l. Will be upon the highest intellectual
arens. in marked contrast to that commerce CT the
six great Of Europe which threatens operations
upon much lower plane. with vessc.s skuklng
within gunshot OF Constaniinople. To fnanciers the
shrinking gold impressive and
instructive than the grouping ~ those The
battle Washington viii be sharp. results Will
reach FAR. They VII determine the position Of
lecturers and in international finance and
eide the coming Presidential lection Il happens that
most Of those who endeavor give significance these
forecasts Republicans but they all believe that II
Republican leaders fail q s,atesmanship. the
spcuous position the United Treasury
god approaching apprehension point and delay
financial legislation the plea that sufficient national
income alone necessary every ho,ir o. such delay
VIII Strengthen the opposition and BspuScsn leaders
Will find that The land which has beer sliding toward
them will slide back again The Intellectual Development
Of The human has never disclosed remarkable a
phase the present influence ~ widespread Intelligence
the territory Of the United States It has again
and again been shown thar he :unacy, OF one
Locality. cannot reach high enough and gain strength
enough the levens influence Of
Of Al! parts the The politicians
locality ut The widespread judgment OF
The people they could lift the Atlantic Ocean
by claspng Of The people OF the United
intend that their fairly protected They
will cruelty any Presidential candidacy party which
gets in the way Of these policies They are right.