The morning times. [volume] (Washington, D.C.) 1895-1897, 1896-08-23
An Appeal Silverites Should Heed.

An Appeal Silverites Should Heed
Even holders of fixed though they gain
injustice of the legislation which gives them advantage
whose depend the value OF and prod
meuts based upon justice and appeal to them to consider
o abe 81 and these are for
those who after much for ourselves but we
protect beyond period of lives Let
eapng advantage from vicious financial
ITEM that the their oTn s ans
system be made tribute to the OF those VINO
are wronged today-Exk,aa From mr. B,yan's ~ T. Speech
Mr.. Bryan's appeal to the holders of fixed invest
ments support present 'vicous financial sys
stem for fear it may prove disastrous to posterty,
comes with bad grace from who is attempting to
secure Presidential Office through the enforcement of
policy that to result in industrial ruin and dis
ftress If the future of the United States and the
generations to to suffer from financial mis-
takes it is time those who advocate free silver should
give heed Mr.. Bryans admonition. If financial
system is vicious and benefits but holders Of
fixed investments what would silver standard do that
would revolutionze prices and bring distressing
money panic?
The best test of financial system is its ability to
prosper people For centuries China, India and Mexico
have enforced the silver standard Of
they have as great abundance any of the sound
money countries Their fields forests mines and
are fertile and prolific in Natures bounties are
those of the United States but they have remained
developed, and the people have failed to harvest their
wealth Nor have of these nations kept pace with
this country in advancing the intellectual and moral
standard although they older in and ripper in
economic experience 1t may be claimed that the
of this the superiority of the American
and European races. If true that argument should
weigh against adoption of inferior monetary
Standard for financial system that fails to stimulate
prosperity where is to be had for the effort would be
poor substitute for the used by the great
mercal nations. Besides free silver has been rejected
failure by every country that boasts either of
advanced civilization extended trade An nvesti
CATION of the official of either the Census Bureau
or the Treasury depa- will show that the United
States is laborng under vicious financial sys-
tenn. On the contrary, prospecting beyond the
material intellectual and moral progress of any other
country especially those that maintain the silver
ard Following few facts and figures which re-
flute Mr.. Bryans argument
In 1885, two years after the resumption act when
present gold and silver monetary system into
effect the population of the United States was So 1885,
7S3 Ten years afterward the of 1890 gave our
population 622 $50 An increase of "a Sc per cent
under "vcious financial system. In 1880 the total
tangible wealth of the United States s4 OOO 600
Ten years gold and silver monetary increased
it to sos OBJ O91 600 gain of 02per Our total
money circulation in 1880 81 26O $50 26 per
CAPITA In 1890 it ST. 456, 143 no, S23 Is per
CAPITA an of So per capita Our public debt of
every kind in 1880 3O45, 796. OIL 10 per
capita In 1890 it had been cut down to S. OFF, no. $40
Tor per CAPITA decrease of $2S36 per capita
The total number of persons 10 years of age en-
gagged in profitable pursuits in $780, IL O99 or
IS per of the population. That number was in
creased in 1890 to D. 4795 per cent of the
population The estimated value of the products of our
farms and factories in 1880 1851 1872 1885, In 1890
the value of products had been to 81
49, gain of sou per Can there be auy
doubt of prosperity in the face of these official
records? Would it be wise substitute the monetary
system of China India and Mexico for the one now in
use?
The wisdom of may yet devise way by which |
we may all rich but up the present time only
those acquire wealth who possess the necessary
qualifications. If there less envy among the gen.
eral public and greater appreciation of value of
money makers in prospecting country there would be
favor Rryans Coxeys Tiilmans Mosts and others of