The morning times., 1896-10-30
Open Mints or Open Banks?

did
for ccomno
he realized that he was in his
said Sir you may do it If you
herois
bid do ms
worst.-Af. Bryan at chipg@
That is side of the question Let look at the other
The banker knew that Mr.. Bryans election meant panic His
might not be shape safely withstand the strain OF that
ordeal He felt that merchant contributing towards his
naturally him financial accommodations Accord
Mr. the purchasing of money
will diminished coinage The reduction will be
made by fall silver and the capital stock OF every
bank will shrink in response to the debasemen OF our money
This banker refused loan to the
How business court favor with the silver siren IS
of Saturn Those of them expect
ing prosperity that will waste in
Mr. Bryan elected and they will handle
dollars UNITED authority of independent reeconage act
silver tendencies should study question
closely Open minis the temporary soppage at least
of bankruptcy of firms which deeply debt
Nor would enter the policy
reap this result The withdrawal of Our gold will recip
panic and those gather comfort from the anticipation
of that not only worthy supporters of Mr. Bryan
they fit candidates for the devils soup The
merchant right when he aid that free coinage involved
On defeat the welfare of
next Tuesday will decide whether will be Bryan and bust
money and salvation
Most nancers labor under the impression that
large money good times They imagine
that there magnetic about dollars that attracts trade
contrary fact Business alone
money wanted and nothing but will
money to circulate Mr. Byans claim that open min will create
prosperity oubu of childish reasoning In 1898 and 1894
plentiful than BEFORE but complained
plethora business In when coinage,
deposits only s672 100000
under present there In
monetary per capita circulation SS04
it is need money coinage to
stimulate business Less clamor for free coinage and
for good times will bring the desired
Chalk down these financial propositions Gold the
national standard value and only be displaced
national agreement Cheap money always
by driving good money of Cheap money uctaes
value brings trade Paics
result of dsrst, and
coinage does tasm Gold and silver
lated concrrently with mins. Free coinage does
individual account Free coinage would obvate
the necessity of bond sales if there deficit in
The States could hold gold silver together
parity of 10 to Bmealsm Bryan bosh when applied
4 dependent free coinage.
and increasing
that when these things are considered the workngman will "a
than he can buy with the
permanen,--ht Bryan a Chicago
Let Mr. Bryan these queries. How t.
get coinage should he be elected, and how
period while deliberating the question
There something pitiful who wlfuy
suicide b1 that kind of sympathy wasted country tha
itself The election of Mr. Bryan will
wide spread and disaster 1t would be senbl
any standpoint for the American people close the
of for three The financial loss would
great, would the public compelled suffer
ton coinage fasco. The world might regard
nation only sufficient exist ta
would be better than the stigma of having stepped
ward and fallen the level Of silver standard
Bryan insists that geearners under misnamed b
me tasn, placed they
with their earnings than they do In the piping green
which the only period in free conag
history, prices of 22S articles advanced l6 points
while the purchasing OF dropped "A points, Wage
points, inflated and its purchasing
accordingly. Compared that period there
points of the purchasing
Within the of
advanced 60 points, their purchasing has
ceased points and the prices of 225 commodities