The morning times., 1896-09-14
Extracts from Mr.. Bryan's Kansas City speec

would
there being then silver the market which cannot be
mint the OF our
industries there will silver in the world which be
chased for less than 81. % per in gold.
Siv>r is ounce and the worlds
annual production estimated 900 II
Bryan correct price maintained
parity with gold added profit silver producers
above already realized would be not less $685.
To minds free coinage according Mr. Bryan, will
like the legislation the of silver
could That TACT has been
peatedy The United States France Germany
Austria Hungary Belgium The Netherlands Great Britain
Switzerland Denmark Sweden, Norway Chile all tried
and failed bimetasm legislative and protect
depreciation compelled close their
against succeeded maintaining
gold silver parity it except by inter-
national which shall and control the entire prod
of metals folly for overlook experien
ces IN considering the question of bmetaliism
Under the gold standard prices gone debts have
in his property and he buying his to satisfy the
you certain fixed
what he sells what he less and and leaves him
less and less for living expenses.
The life of debt is about five years, and surely
damaging appreciation gold during
the of of mortgage
sequen Mr. talking for effect Prices have fallen partly
principally cheap
competition silver Improved and
opening of
enabled India China Japan Russia, South
worlds markets
footing this Europe, the
has general decline prices Thus far American
have suffered although the of living less there
believe the of
bring fall wages Should free coinage prevail
coming nothing would hundreds
of thousands of would be thrown of employment
one Bryan, temerity this
general impression. Mortgages would be oeclosd the whole
sale and sharks would buy everything in sight
prices would be the inevitable result of the withdrawal
gold premium would command when revulson of
sentiment demanded gold basis would
by
impossible their present high of wages.
Bryan says fixed charges go
nobody Knows initiate his express
the margin of prosperity under free silver would in
nesmay small would all tumble off drop
despair together the question of living expenses would
itself into temptation beg steal prevent
lies from suffering.
call attention the amount here for the
1895 and 90 In "a the amount of circulation according
had fallen decrease i'll
On June 1896 the amount III circulation had fallen
It means years according Treasury
600 in amount words this time there has been
nearly cent the amount OF circulation
among the people
If Mr. Bryan fair explained that this
ton impossible retain the confidence
free coinage and for
have been withdrawing their from this country Should
public decide with reasonable uuanimiy
polls money system the loss
cuaon would by foreign capital because
profitable other country that
present capita circulation S2
Under free coinage in 1870 only Sis During the first
of silver monometalsm would surely have
Over $500 of gold would
money The purchasing value of remaining silver money
materially essened mntage to
up deficits. Congress after time might authorize
of silver bullion with certificates order
readers assured that years
bill would be muc of rarity people
the fourth magnitude ordinary
present monetary circulation is tho
for the loss of gold under free silver 40
remaining 81 900 for the purchasing
power left and you will have OO or less
than per CAPITA entire mon
tary system under free coinage policy
speak about these matters
do not understand
mathematics an in
creased silver buor
Congress authorized the of ZOO oo
silver the silver their indu
try angusng The of that purchase the panic of
1903 although the law repealed held bv the
of hnl1io