, 1896-07-20
FORWARD.

AOklNG FORWARD.
The free, unlimited and Independent
cotaa9e OF silver at the ratio OF 16 to /.
coupled as 1t is with the wild-eyed ut
terances Of Altge1d, Tillman and others
at the Chicago convention regarding
the supreme court and a sectional war,
Is creating alarm in financial circles,
says the Sun-Leader, and will no doubt
lead to disastrous consequences when
the compaign is fairly opened and the
extremists OF both sides go stumping
around the country. While the senti-
ment In favor Of the double standard
has grown there is arising a deep dis
trust OF Inc Chicago platoon and the
mon behind 1t.
Mr.. Frank Benton, a well-known cat
taenan In this part of Wyoming, re-
eeived a letter this morning from H. c.
Bostwick. cashier of the South Omaha
National bank, In reply to some in
quiries. which will give our readers
"a idea of the effect that is being pro-
duced by the radical u%tterances of the
populistic speakers and press. He
writes:
referring to the political situation,
I am in hopes that there will be a
great change in existing sentiment be-
tween now and November. Nebraska
has an immense crop with prices too
low to ship with profit, and the only
way to realize good prices Is to feed
cattle and hogs. The banks here are
not able to furnish anything like the
amount Of money that will be needed
for this purpose, and have always
PLACED large amounts OF cattle paper In
the east. I venture to say that the two
banks in South Omaha dispose OF a
million and a half Of such paper dur
ing the year through eastern connec-
ton. The demand for this money is
now upon US. and we have as yet been
entirely unable to arrange for q dollar
Of money through these sources, in
consequence the spectators and COM
who hsxe&se1t1 Tie nab
it Of buying and selling stocks at these
yards, furnishing the money to furn-
ish feeders through these banks. are
confronted with the fact that there is
no money to work with. 1t will be q
great hardship toFthe industry and will
effect the entire sate. l do not think
there IL any orsSaixed EFFORT on the
part Of the east to decline to make their
usual loans, with the idea of making 1t
a hardship FOR free silver men, but
simply the distruFt hat must ensue on
the prospect Of changed conditions in
financial matters. and the fear that Sc
rious trouble willovertake the business
men and banks d the country"
Mr.. Bostwick, vho is in a position to
appreciate the c4ndition OF financial
affairs. adds:
Every man th4t feels the force of
the situation shouf put in his time for
the next three upnths in trying to
avert the calamitytwhich threatens US.
will be glad TO har from you in re-
gard to the feeling in Wyomt ing, and
what you think of respects there. We
are not without the hope that Nebraska
may come out stron4 and defeat Bryan.
1t will be a great he@ to the state in a
financial way shouldthis occur"
The people Of Wy}ming have quite
generally reached b&d,rock and they
viii not suffer here al in other portions
OF me country, but TIE fact that they
$1,000
regard themselves d c~omparatively
safe from financial Disturbances ought
do.
The Sun-Leader does not wish to add
to the alarm which my be felt in this
city by those who are in touch with
the fnanciers of the east, but w ask
our people to give the matter serious
consideration and not be misled by
their desire for free coinage Of yflvsr
into the camp OF the howlers who are
doing more 70 prevent the remonetiza-
ton Of silver than the worst goldites
by tieirg up ~ silver cause with an
archy. socialism and populism. They
are taking advaAtAxe a the sentiment
Tor free silver to elect . populstic and
free trade ticket upon = platfosm thak
means mischise TO the country however
artfully It may b concealed. In this
respect Mr.. Bgyan = we'll adapted to
the work asstI1sd him. He has an
adrott and spS11sus manner of present
Ing the revolattonAw doctrines, more
openly and lsss psasingy advocated
~ T1llman anA Altgeld.
Az the cauoAEn soes q the dis