, 1896-10-26

" puy sAaIu pIO>
ducts. and the farmer will suffer with
the rest Of the community. When the
floods devastate the low lands ad-
1acent to the river the high water mark
on the trees in the river bottom stand.
at the same level on every tree, regard.
less Of its name or size.
IA. The farmer will take the risk OF
having all mortgages past due and all
mortgages in default called in and FORE
closed. The only bidder will be the
mortgagors, and the Of the
equities in real estate will be largely
wiped out.
Is. Since all railroads and other cor
porations must take their pay in silver,
and those having gold mortgages must
buy gold at a premium, all stocks hav-
ing a gold mortgage ahead OF them will
shrink enormously in value and be
practically unsaleable.
16. The strongest banks, being thus
unable to realize upon their assets, will
be in danger OF collapse. in spite OF any
combination which they may be able
to make.
II. Foreign importatlons will cease,
and the government will be without ad,
equate income to pay its current ex.
penses.
IS. The disaster which will thus
overtake all classes OF the community,
and overwhelm the country in a COM
mon ruin, will probably prevent the pas.
sage of any free coinage act, so that the
sufferers from this needless panic will
reap no reward in the end from their
sacrifices.
10. But even If a free coinage act
shculd be passed. it cannot take effect
without long delay; first the delay in
legislation: then the delay in order to
create new minis and put them in oper-
alton: or, If treasury notes are issued
instead, the delay in printing them;
besides they cannot be issued until the
bullion required TO secure them shall
have been mined or imported and de-
posted in the treasury.
20. While waiting for the new sup
ply OF money to take the place Of that
which will have been lost 10 circulation,
The farmer will lose his land, and the
w~orkingman his situation and employ
ment: the farmer will have to take for
his product, and the mechanic for his
labor, any price that may be rendered
him, in order to avoid starvation. The
fate of the farmer and workingman
Will be the fate of all who depend upon
these two factors in the social organism
for their subsistence and prosperity.
the interest of the employer and en-
ploye. of the buyer and the seller, OF
The debtor and the creditor, is after all
a common interest. The sun, when 1t
rises. lishtens every of them: when
the SUI Of prosperity sets in night, all
are alike in the darkness of a common
calamity.
81. In short, Bryan's election would
mean a worse calamity to the people
of the United States than famine. pesti.
lence or war.
Mr.. Bryan admits that the first effect
Of his success at the polls would be a
panic. but justifies his course by say
ing: when you come before us and
tell us that we will disturb your BUSH
ness interests, we reply that you have
disturbed our business interests" And
again: When the country is in a de,
plorable condition, 1t will take extreme
measures to restore it to a condition Of
prosperity" The recklessness Of the
experiment which in his ignorace Of
finance he proposes to try, is criminal
recklessness. What patriot. what man,
with a due regard for his own inter-
esus and that OF his family, will cast a
ballot to give him the chance totry it?
Upon that mans head will be his share
CT the responsibility for all that will
follow.