Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1896-10-01

itself, was received by the Hon. II, q.
Bell and was by him given to the
Journal to publish:
No. I'll Wall Street,
New York, Aug. 19, 1896.
Hon, r. O. Bell, TT. Wayne, Ind.
DEAR SIR-The committee of politi-
cal education of Wall street, this city,
to which the undersigned has the
honor to belong, having determined
that each member should write per-
sonal letters to at least one or more
prominent party leaders Of the silver
cause. Your name has been handed to
me. You are described as a man of
fair mind and a large influence in
your state. / therefore address you
hoping that you may be persuaded
from your present course, for you are
leading the lower classes, the laborers,
artisans, mechanics and agriculturists
Of your state into a step which will
cause them great distress.
We whose business it is to study f.
nances, and are therefore capable of
determining such questions, know
there Is at this time TOO MUCH
MONEY. Millions are now ready in
this city to be loaned on call, with
good collateral such as government
gold bonds, where it is really needed,
at remunerative rates. Your methods
are such as to brighten all money
lenders (for nothing is SO easily
scared as money!. No one can tell
what laws your candidate (if elected)
may suggest; while even now the
laws are all against our people. We
are forced to loan money at such
rates as we can get. If we cannot
get 10 per cent, we can take 8; If we
cannot get 8 we take s, and in peace
full times even lower, and 1t Is difficult
even then to keep our money at work.
But what do your workingmen say ?
If they AN not get a dollar a day
they refuse to work, while they ought
to take rs cents or even 80 cents so
that we may keep them at work. You
ought to teach them that 81 per day
on GOLD basis is enormous pay in
this country; no gold country pays
more than so cents for labor, while
here living is the cheapest Of all
countries, providing the lower classes
will live as they should live. They
are really extravaganza; they buy meat
four or five days in the week; they
even indulge often IN pie, which is no
kind of food to be enjoyed by work.
ing people and does them no good.
Rice is one of the most healthy and
nourishing of foods, it is CHEAP and
can be raised in endless quantities,
but workmen avoid it as a general
food. They eat wheat bread when
rye is much more suitable These
ideas grow out of wrong education,
which you, my dear SIR, are assisting,
only to their future disaster.
Mr. Hanna, if he wins the election
land all intelligent men of the east
hope and believe he willy, will GER
tainly inaugurate much better sys-
TEN for the lower classes. He will
try to take the money question and
tariff out of politics, which should
have been done long since. The law
governing finances can be safely left
with the national banks, insurance and
railroad corporations-who through a
standing committee with some well
known and honorable fnanciers such
as ]. P. Morgan or Mr.. August Bel
mont, as chairman, who could formu-
late and have passed directly such
laws on money as would be safe and
useful for the whole people. All laws
governing the tariff could be handled
in the same way by committee ap-
pointed by the great manufacturing
and industrial enterprises, and with
such honorable and charitable men as
Mr.. Rockefeller or Mr.. Carnegie as
chairman of such committee, the most
vice and useful tariff laws could be
speedily put in force, not bothering
those engaged in agricultural or other
rural work, or exciting them by fire.
quent elections as is now the case.
We have talked with Mr.. Hanna as