The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1896-11-14
BILL ARP'S LETTER.
MONEY AND NERVE ARE IDEN-
TICAL IN THEIR EFFECTS.
C.enty OF s'TItly Lucre," But it is
Not Circulating Freely.
ne doctors tell us that para.


Tho loss Of the function Of motion from
I'll interruption Of nervous influence.
Trade, commerce and industrial pur-
suits have nerves, too, but they seem
to be pa:a]yzel. The spinal marrow
is diseased and muscular power has be-
come stagnant. What has caused this
unnatural condition we know not with
any certainty. for the political doctors
disagree, but it is believed by many
that it is owing to the lack OF circula'
ton OF the blood-that is OF money,
and that the demonstration of silver
is at the bottom of it. Whatever it is,
the patient is in bad fix. The other
day I rode out with lady friend in
the suburbs of Atlanta to look at some
OF the cottage homes. She wanted to
buy a home for herself, and we spent
parts OF three days in examining>and
pricing properties. There were hun
dreds Of them and they were cheap
enough, but what struck mo was that
a building and loan company had more
for sale than anybody. This company
had loaned money four and five years
ago to improve suburban lots. They
loaned not exceeding one-ha]f the
value Of the vacant lot and have hsd
to !orecloso their mortgages because
the borrower could no longer pay
the interest, and so they bid in
the property and have held it,
hoping to get their money back,
but they can't and are now seeking
buyers ut less than the property cost
them, and in some cases less than the
original loan. A lot that four or five
yeare ago was worth $1,000 and has
on it house that cost 5000 or $500 is
offered fer 81, 200, and perhaps 81, 600
would buy it. The company can stand
it, but what has become of the poor fel-
low and his family, know not. They
had hopes and we're looking forward
to the time when their humble home
woald be paid for, but this paralisys
overlook them aud swept their home
and their hopes away. The Merchants
bank hes long been regarded es ono of
the solid, conservative institutions. OF
Atlanta, but it advanced money on
real estate and could not realize. This
III the condition all over the country.
Trade is para!yzed, especially in real
estate. Financiers tell US that there
is as much money iu the country as
there ever was but it does not move.
The stagnatlon not only continues, but
it gets worse. Three years ago man
offered 81, 800 for an eligible town lot
in Cartersyille. A year later he bought
it for $500, and now he could not get
$500 for it if he wished TO sell. Is it
any wonder that the people have lost
confidence and are willing to make
any change that is offered? The patient
is awful sick and will even take strych-
nine if it is prescribed.
But the long agony is nearly over
and we shall see what We shall sec.
The people are ready for the ballot
and the ballot will settle the nations
will. 1t is the masses against the
classcs-the samo old story, "And
David fled from Saul to the cause of
Adulum and all who were discomfort
cd or in debt or distress joined him
there That was u sorry lot to fight
a king, but in course Of time they were
victorious.
But l don't believe that capital is as
much alarmed as it was month ago.
The banks have hedged and ere pre-.
pared for the change if any comes.
Certain it is there will be no collapse
if Bryan is elected and there will be
no re]iefif Mckinley is. This govern
n,eIt can't be ruined by change of
rulers. The civil war cleaned up
the south pretty we'll, bat in
ten years it had rallied and in
fifteen years hardly trace of the
war could be found. Then lot us not
be alarmed ct the situation. II Nc.
hinley is elected and o Republican
congress, and something is not done to
relieve the people they will be isno.
mnious'y hurled from power four