The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-10-19
No Lack of Money.

One common accusation Of this cam
paign is that there isn't money enough.
In a personal sense this may be true.
In national sense. it is not true, and
If it were, free coinage would not help
matters but would make them worse.
Do our free silver friends who de-
clare there is no money in the country
forget about that last bond issue, when
instead of dealing with syndicate in
private, President Cleveland and Secre-
tary Carlisle offered the bonds to pOpu-
lar subscription. and within fortnight
over $60O0O0,0OO in gold had been sub
scribed directly by the American peo-
the people bid so lively for them that
they had to pay more than ITO on the
average, thus bringing the interst down
almost to 31s per cent. In other words,
the government, by Offering good Sc
curity, got the offer of the loan of six
times as much money as 1t needed, at
the low interest rate of about 3H per
cent, and that offer came mainly from
its own citizens.
This does not indicate q scarcity of
money where there is plenty of conf
dence. The only time money Is scarce
Is when confidence il scarce. And the
free silver agitation tends to make con-
fidence scarce. for the reason that it
threatens business with sharp con-
traction in the volume of the currency,
holds out the prospect of a violent
oscillation in values, and by wanting
to repay obligations in half-value dol
lars prejudices the American people In
the eyes of the civilized world.
hurtful trtling with the fundamentals
of our prosperity.
1t is refreshing to note that at the
last annual meeting Of the National
prison congress there was general dis
sent to eX-President Whites prOposi-
tion that crime in this country is rapid
ly on the increase. The sense of the
congress, as brought out in q very in
teresting discussion of this point, was
that the recent increase in arrests, as
compared with the pathological statis-
tics of former years, argues really
sharper work on the part of the officials
in enforcing the law rather than a real
growth of the criminal impulse 1t
seems to us that this is a rational
conclusion.
An order for 900 sets Of axles was re-
ceived last week by the Scranton Axle
Works from prominent carriage build
er in Detroit, coupled with the condi-
tiOn that If Mckinley is elected the
order is to be duplicated six times with
In a period of three months beginning
Dec. l. But If Bryan is elected only the
one consignment is to be sent. If any,
body doubts this statement the man.
produce the order
While there Is not in the First and
Third legislative districts the same ap-
parent necessity for Republican activ-
ity that exists in the Second and Fourth
districts. 1t is clearly advisable for Re-
publcans In the former districts to ne
glect no opportunities. This is a cam
palgn in which every vote counts, and
the more votes wisely cast. the merri-
er. Fortunately, Messrs. Farr and
Mackey are candidates In whose behalf
no Republican needs to be lukewarm.
What earthly reason has any sane
man to believe shat the state of Ohio,
which has never given a Democratic
majority in presidential election since
the days of Abraham Lincoln. will this
year waver in Its loyalty to one Of it's
rlost popular sons? Was there ever a
more absurd bit of false assumption
than that Ohio is doubtful?
Every sign seems favorable to the
capture by Republicans Of the Eighth
congress district and the demolition of
the malodorous Mutchlei dynasty.
This is clearly Judge Kirkpatrick's