The morning times., 1896-09-21
Followed to a Logical Conclusion.


an fsvs
nation illusion ought
ah a % s VINO mo-, are w eSpeealns lore oresh m ma nations Ions &c III % the
rise the dollar doomed and difficult see
we hnd opponents more
policy
must come from the American people and this day
we me .he iooh OF 1--WE S m @
other naton"Bvan a
The righteousness of the past
comprehension The form universal
anguage the the system the better is for
all Money facilitate trade and to the
ability of mankind the products of labor Like the
OF language the existence of reliable unfucua
monetary indication high degree of civil
zation. Nations particular kind of be-
them control of the monetary systems of other
Sound the result of financial evolution slim
uated commercial progress if thirteen of greatest
ons gold value, because the demands of
trade have made that standard necessary.
There such thing financial independence without
national Our commercial other
several billions of dollars each and the adoption
OF an inferior monetary standard would naturally Jure that
trade Financial independence thing talk about but
might well to thrive by shutting the sunlight of
think of prospecting without cu.tivatng financial and
commercial relations with the of the world.
Let follow coinage o a logical
suit Mr. Bryan believes that the opening Of min coinage
Individual would gold silver
His controverted by history Every country
including failed
OF this failure inability to control the Produc
ton of the two metals and as free coinage places the circulation
ea ratios of gold and silver held together Con-
scquenty be admitted that the opening
coinage individual would force silver basis.
That the withdrawal of gold from
would premium. The
bimetaisn, silver mononetallisu. We would
have but two kinds of money, silver and paper
Our present gold
in silver and 900 uncovered Drive
gold opening min and would
paper, purchasing
depend price bullion silver Mr.. Bryan
h
consulting past he will find that gold would
commodity subject speculation by bullion brokers' that
money would uctuate in value
and fall of the gold pr MUM.
Suppose this premium 80 per The purcla sing
power entire monetary circulation would fail $50
gold the recognized world would
the real of value Silver legal tender,
would constitute of prices and lis depreciation
through the gold premium would be made unequal na
prices all commodie that in with
world would be regulated by the gold Wages
value fixed incomes rreguarly
response debasenent of money Local
naexbe conditions would largely influence and govern their fu
savings dcpoors mortgage-hodcrs,
pochoders pensioners and wageearners would immediately
per of the purchasing value Of their
income The loss 4S75,59 savings bank dcpositors
O2S deposit would be S54 1906 Mortgage
holders 9s5
indebtedness they hold property The Las 900
mechanics and mill empoyes who own $3.50 66 o4 in buidiro
would holdings
20 There sl6oooooooo of fire insurance policies in
total value would be diminished
old soldiers amounting would
decreased StS 1t is difficult properly approximate
estimate their total Unless be
adequately their the
inflated prices the purchasing of the
be pod
There other illustrations of the evil free
coinage might given be sufficient o
demands of the silvere party reality moth
ing but national robbery.
Notwithstanding the evident purpose of the to
naugurate repudaton dshonor is more
shrink without
to prevent money famine. The election Bryan would
its withdrawal circulation
would divided sufficiently of Mr.
Mr.
VicePresident With him presiding officer
minority nothing egiti
bill could that body it, such
would be permitted Our mnap
capacity 1t would require years to
adequately it. Meanwhile become Of our
business