The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-05-24
G. 4. LEVY. VICTORIA.

Reviow az tho Currency Of ria" Country
Wph Pertinent Suggestions
A, ~. lac, convention tlr,.,.utsd my
. a.. .,,,,,
views on tne N"I''"'E ""''s'N'' ~
length In my argument on the 'IilllWorc
,,,,,, TO-. o,, ELASTIC, currency, " and shall
80 ...t..,. to,
aVcid relt'fa'loh as lar az l"s9'"'e' "p
iroach the discussion of th" subject
r,,,,ln.. and Currency Reform so ABLY
..,'f, ...,.,.I a., t, ,r,,r, of
u'u i"tinls li'T'"'' 'N ~ -,
finance, 7. a. trocr bsq. WIN hihlu'N
and dlnldenoo. /, is question that the
,t, .t.,o,,, ~, ,,. Nocturnal t4-i4.
'"''''"e" "'7' % '
lators has 50 ilf ihitu To Ni''fN "''' y"
the end that The strained conditions OF
al. 49,, ,,.,r, ,,,. , ,.aii.,,,d ,,,
WISE ana Judlciou~ 4"Rtsatoh' hN''N' ~
would he a piece of presumption Tor mo
ia arrornte TO myself the true and only
Ian, , ~
soI"lloH oi sueH u st'""hN h'lN '''-
monte problem. What ] may say, there
fare utr. b, accented MS my humble
opinion uup Suggestive vily WIN i''N'e'
80 what the remedy for the existing eva
sl,ntiil be
. T. ,..-.,..
'-N'iN I'"9s'ssor 'i NuIlihl' III nun 10
Sinhl HcET''' every h"lu"r vl se'-.'i
~ hhf'H ul'pN properties IN NR' , u''u
Hi1lrr, eN''y ue'!orl,or, rEprS h"'''' ~
iH7nt""t' rtrtN man "nrhlne o., u ~
alY "l i"i Ulir. Is Interested IN ihlA qn's
non, And NO question II more hl'Suhpf'-
s'ion man ma OF thr currency, 9uil,t
n'lhl kno~i''st oi u sNp)cNt Always irHhH
to error, and We bankers should not at
tempt 10 t'h'p ~" p"op.e on "a SUBJECT oi
a purely Seientlhe ana eponoinlr mature
utieHs We .an lh'"N as,'i, ',,"' :, va ' i
ship ana bring 70 bear nnon u luds
Hcut Hns"oried by partisan rhn0pr ana
mniured ny thoHBhlful ihNtssisni'on'
may mo- 'Nnrri ny ahy''nhs ! 5nnii
say TO convince any man Who pa, airendy
studied and carefully examined TINS purr.
lion, but Stiii wish to utter my voicc Of
warming against me dangers that hese'
us. As this ~ a subject that ran not hel
fully discussed in connection with tht
history OF currcnGles "i an nations hli
me experiences o' VIC pasl, can oiiE |
give some OF me reasons ipr my h,hes'
and until reasons. can be gwen and 's-
t"bIi-hod mat VIII oN"rh'W ines" ""
ought 10 conclude that n necessity durs
cNist for u reform III our curf.hry ssS''tn
and connected herewith reform ~ our
Drinking sYNNh-pii' '"lpui''" =" 9"N !
lllr ialt rum "i "ni sonrln",'l,, =, "a
and to set aiioat ne snip 81 state IN a i
ios on a SEA OF bubbles where no human
nMi,, III y, ~,
pr.cnde effect The proofs wish 10 uncr
are these There is no want OF money !
,npte ~ ny m.'n, -, pa 'h,en 10 nur1,
reform in oar currency system AS viii
break the endless chain" and produce
co. rpI,''' 9,i,,aa after n', nx,nrl.,,,..e
of me mast throe years or more, that IN
less the din'cniticn are removed nndet
, Mtnun W. ,.,,.n1anLn snd Shtr,rnri
notes wo shall suffer alike in character
ana resources VIM rfnuicr ~
grsn"a sg na,'o 10 ,n,cgritvY II our
country we're yoor or fecblc, without pop
ua,lon and without resources. II we were
involved In long ana disastrous war
such as brought form m. RreehnarK. -
II we were being deprived of livelihood. /
then We should not even pause. But our
country IS rich and powerful, with a nu'
merous population. busy honest ana DC,
,crmined and with unparalleled resources
Of ali kinds agricultural. mineral, indus