The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-09-30
I'VE do not want airy c..eap money. any
more than we want cheap labor. In the
limited Ssates."-wIlssam Mckinley.


In the weary round OF repetition OF
thread bare faIiacies borrowed metaphor
and sesf-conkra6ietions OF Nr. Bryan's
speeches thsrs IL one phrase which IL
eternally cropping up-"ths capitalisfic
cIAss." This is the particular bagaSoo
which he Ii forever dangling on string
before the Amerscan pcop.e a. the mons
car which IS to cevour all their substance.
A. he puts Il. the capitaiiztsc class viii
Ssyour ali the property ard crack the lash
ever al the rest OF the laBdF' Ar. BryaG's
theory 10 that tie capltaiisi.c class IL the
class whlch lenGs money. The people who
Mr.. Bryan fears wlll 6evotsr all the prop
erty OF tho land arr the people who have
thriffsIy and proyidsntiy put by portion
Of their earnings. ard thus have saved
enough 10 be able to loan Il 10 others In
che aggregate the money so saved and
loaned by people whose money II derived
from tho labor OF their hands far e.
ceeds the available capital in the hands
~ the stronEes, syndicate OF money kings
which co-fl6 be formed IN tho world. Some
figures on this subject may be interesting.
ting who constitute tho capi:alist.c class.
and In the second place TO show how the
condition Of that ''cap.tails,ie Glass; has
improved during the gas, twenty-five
years:
In tho United States In 1870 there were
a.soo.sas deposttors In savings banks. whose
deposits aggregated N4s.E4ss. In 1896
ehax u
posits were n.sIo.5s7.o2s. This 10 the enor-
NOUS capital which. loaned out 10 inai-
videals In moderate sums has been one O:
ehs main factors IN building up the great
states OF the West. This IL the capital
lst'c class which ouirages Mr. Bryan's
sense Of justsce by demanding that their
savings shaIl be returned TO them by the
borrower In current monay OF practically
Che same standard value as tho money the
borrowers received. This Il the capital
Sstic class whose economy aud thrift ana
business sagaciiy In investing their money
In savings banks. instead of burying II In
che ground. should be condemned by the
men who have had the use OF these saw
inxs.
From what class IN the community has
this vast army Of crcditors this great
capitalistsc class been drawn? An snaly-
sis OF the depostors in a savings hank AT
nuburus. Iowa. recently made. viii throw
some iigii. upon this subject. This bank
eAs s.sis accounts. representing a.eco.oa.
These 7.eit depositors are classified as fol-
lows: Mechanics and lasorers. 5.iso: farm
ers. i.Ss. teachers and professional men.
81. administrators and executors, So,: CAP
ttallsts. 81
Ths being the eap,;afstic class at home
bow stands the case abroad: eap~c,sliy IN
these countries which have abandoned ,ha
silver standard ana adopted tn. cold an,
WITHIN the present generation. There. II
anywhere. tbs evils could se looked ts-
which the free silver men claim have FOL
iosed The gold standard As In the t,ns,ea
States ''the carltafs,lo class have show,
wonderful gain In wesslta In fs-a ,h.re
we're a,tso deaositoEs IN TIRE savings h.nAs
or Belgium. wita deposits Amounting %
aa.tiaets fTaaes- II 1874 fhe number Of a.
counts had gFewn 70 i.ats. sSS ans The va.gs
Of deposits 70 ttSSss is francs In iS-s
there we're aalsH. Individual ar~e,,nt. -
tie private savings Banks OF Franc. a..
Eresating sss.@ao 40 francs. In Ysas E rss e-s
Individual accents. axx-egAslrx -et ~
90 fFsaes- In Tire national savings A.rt.
sae number % aeposltors m ~ us -,
VITA espeslts Of e .seI 80 francs. q. ,s..
the Increase vas -. ~ In - ,sr-s.-
81 dep7si.er~. sns their savings i,,-a,...,
Go ;sSAN.e>e fsano& Holland was A su,,-
sssrfarSs country ANTI Iane. Sex ,Ns, "a.
adopted the wold standard sas ei.,on,,-.
osd all silver ee,naxs. TIE dezSox,,. a, e.,
savings banks 90 that cse~t~v -. ..
1881. 'sta.Hs'. cwaes ~ az laa,v.,a.,, ~.
deposits 81 TIE close ~ Ire r-ev ,sss -.
eiaae.Ne. and tie number @: s~eos,,e.,
Rad Increased asty~sas.
Tao screxotax .a,ss sscw h~,x -.
standard has fzveoAhlv sT~cf~. -. =.
tAsstss class" wasas IN e. "a. ..,,..s..
81 TIE weird. tas United SAT-. ,r.,...,
n eesnsesNs e sas thrifty sat s~svs...,
sf small inseEass ~ae persas - e,e~,
Of putting sy . portion - tAr,- ..r~s.,..
r. 10 shs sxs-ewats ~ TIE sz-.asu s.s+..-
whiaa constitutes sas sssIk O, ~. t..s.s,.
cap!sAl 81 the wcrs Great csrttntf... -.
ether uses Tor their rsenev sesn '.aft~~
cat 81 interest Ter other gs~soa. -
pratt BY. The graf s&rkers ~, a.~.n.
government .aans easy a.; az raA.as- r,.,
passing ssesr 90 - TIE anal sayes.s~s a,
. p-oaA