The times. [volume] (Richmond, Va.) 1890-1903, 1896-07-31
rur DEADLY BLIGHT IL ON us.

THE DEADLY BIich' - Wv
The bare possibility OF Bryan Dehs
.eioc,ed President has already played
hoh with credit. New York City mas
inst offered 100000 Of her bonds. inter
est and principal, payable in gold ana
Tearing II per cent. interest Tor sa'e'
and only one million was bid for ana par
was ali that was offered for them In
tstural times the whole loan would nave
been ereedily gobbled up at something
ike 100. But the fatal blight OF Tree
silver has begun 10 fall upon the iahd
and men are unwilling to have anything
TO DO with credits.
The city OF Brooklyn has just offered
81 ..5 900 OF her 3 II per cent. gold bohoS
for sale and the bids she received were
SC unsatisfactory that she returned them
TO the bidders without even considering
them.
Mr.. 8. NJ. Blevsns, of the Ellettsville
stone Company. E1lettsville. Ind, has just
written the Baltimore Trust and Guarsn-
tee Company. inquiring about placing some
bonds In his letter he says. Are you
In tho market for bonds? Monroe county,
Ind. has about $4,000 worth TO dispose OF.
Tho county Is in good shape"
TO this the president Of the Baltimore
Company, Mr.. Robert c. Davidson mace
answer on Wednesday:
"Ordinarily we would very cheerfully
consider tins proprlety OF suggesting TO
YOU a price at which we might use the
bonds YOU mention. but we do not consider
il prudent TO do so now. because OF the
exceedingly dangerous views when aP-
pear to be honestly entertained by so
many Of the people OF this country WIN
reference 10 the unlimited. unrestricted
coinage OF the silver product OF the word
The unfortunate discussion of sub
iect which promises nothing short OF uiu-
mate disaster to all classes OF our citi-
zens has already eneryated almost every
material interest and destroyed confidence.
ut home and abroad. in our national in
teerity. Therefore. until We shall have
demonstrated by an adequate majority
that a Few thousand selfish silver pro-
ducers are not our rulers II Will he Idle
to attempt to market securities at any
fair value.
I'VE do not question the sincerity OF
many who have been misled by the spe-
cious Arguments. artfully advanced, OF
unreasoning selhshness and greed-but we
realize that sincerity is not always con-
elusive of correctness OF position. and
we have confidence that tho great com
monalty OF which Jefferson spoke. will
arise in its might. and in no uncertain
voice. proclaim that the deadly nightshsde
OF dshonor shall not grow where integ-
rity has always blossomed."
The Pennsylvania Railroad Company
has announced that in consequence of the
general depression in business 1t is COM
PEELED to stop all work on its line where
ever possible so as TO reduce expenses.
At the same time il was ordered that all
contemplated improremEnts should be
laid aside for the present. This puts a
full stop to a great mass OF work or all
kinds that was in progress. The compa-
ny announces that the destruction of con-
fdence which has been produced by the
threat OF free silver is the cause of this
act.
1t is well known in Richmond that the
same thing has caused the Chesapeake
and Ohio railroad to postpone indefinitely
the erection Of their great two million Of
dollars depot that would have been under
construction now If nothing of this sort
had happened to delay them.
Cessation Of work on these enterprises
in throwing thousands OF laborers out Of
employment and depriving the retail stores
Of what they would spend with these
stores If they were employed. Their
families will soon begin to be pinched by
want, and deadly palsy viii be seen to
be creeping over the land.
Thus 1t is to interfere with the stability
and integrity OF the money Of n country.