Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1896-10-22

ports curtailed as severely as they may
there will still be huge excess OF foreign
! obligations to provide for, and how is this
TO be done2
| I'm the first place. the $4,000. GOO OF gold
which the New York banks have SO oS-
tentatiously taken from Europe viii have
| to come back again. In the next place
the treasury may have to part with
| good many million dollars of its reserve
| which was found difficult to replen-
ish last spring. With the contraction of
| imports which has been going on for some
| time and which seems likely to continue, the
customs revenue declines seriously, the
public income will fail more and more short
4 of the expenditure, the treasury will no
| longer be able. to hold back legal tender
notes as it has tried to do lately, and when
the notes go out they are sure to be used
again for Withdrawing gold from the treas
| ury.
THE old, vicious circle will be set In mo-
| ton again. which has SO frequently drained
| the gold reserve down to the verge OF ma
| tional insolvency. The old dilemma will
| in due time come round once more of pub
| lie default or the abandonment of the
! gold dollar. We know what desperate
/ struggle President Cleveland has had to
| avoid implement on one or other of these
, horns, and how little thanks he has got
for it. Whether his successor be Bryan
= or Mckinley let us not be too confident
| that he will Emulate either Mr.. Cleveland's
/ efforts or his sacrifices. He may prefer the
/ easier alternative-the surrender of the
gold dollar. On that vital point the casual
circumstance of the gold movement, having
| momentarily turned in favor of New York
has no influence worth speaking Of 1t
may be eXhilarating to Wall street and
| helpful to distressed importers who have
| bills to draw on London, but beyond that
! it is a mere passing incident. The original
dilemma-default, or abandon the gold dol
lars-has still to be solved. and it will not
wait much longer for final decision
| The London Spectator in its issue of
| September 10, 1896, has the following to
say of the situation:
1.-The true strength of Mr.. Bryan's posi-
ton is one the force of which we shall in
Europe feel more and more. the tendency
of improving civilization to Increase dis
content. With education and glimmer of
the power to accumulate, the old cheerful
resignation disappears and the people be-
gin to pine, If artisans, for more security;
If agriculturists. for more surplus cash,
cash which they spend after they are
fed. Care, which in their compa ratively
savage state they did not feel, descends on
them like cloud A friend of the writer,
a great manufacturer. devoted himself
many years ago to give his hands a dead
lift in the scale of civilization He gave
them good houses and good schools, opened
a bank, preached thrift and tried in all
ways to Undue them with the ideas Of the
middle class. He succeeded even beyond
his expectations, but with this result,
among others: That care filled the minds
of his people, that thrift grew into a pas
sion, and that the sum of content in the
village was reduced one-half. Precisely
the same consequences are following in
creaSinS enlightenment France and Ger
many
No one realizes this more than Mark
Hanna. While other men have been
foolishly attempting TO improve the
conditions of their workmen-witht the
inevitable result Of making them intel
ligent and discontented-Mr. Hanna
has made no such mistake. He has
taken pains to see that their "old cheer
full resignation is not disturbed. If
Mr.. Mckinley is by any chance elected
Mark Hanna will make it his personal
business to see that American work
men remain resigned and cheerful or
be shot. And thrift will not become
fashion" with them, if Mr.. Hanna has
his way. There will DE more content"
and less wages than ever before in the
history of the country since the good
old slave days.
In its issue of September % the Man
chester Guardian has another article
which is worthy of attention. 1t is not
forgery, Mr.. Heath. It reads as fol-
lows:
With reference to Prince Rismarck's
letter on the American monetary contest
an opinion expressed by NJ. Henri Cernuschi
a Mentone in April last-shortIy tefore his
death-to NJ. Edmond Thery. is of interest.
We quote from a pamphlet entitled Ger
museums Last Words on the Silver Cues
ton in the United States by Edmond
Thery paris: Economists Europeen):
'Inasmuch England'S attitude prevents
the realization of international bimetal-
lfSn, and condemns one half the world to
gold monometalliSm and the other half TO
silver monometallism would not hesitate
were I a citizen of the United States, to
become-I, CernuSchi, the father of in
ternational bimetallisn. every
where calleG-a silver monometallist
Under the regime of the new standard the
would receive so enormous impulse.
and this development would have such a
disastrous effect upon the economic and
financial interests of England and the other
European nations now governed by the
gold standard, that it may be confidently
predicted in advance that the course Of
events would force the adoption of inter
national bimetalliSm as the only true solu-
ton. even upon those who to-day deny the
possibility and efficacy of it. ."
Neutrality-suspicious..
On the 18th of February last Mai.
Mckinley delivered an address in Me
mortal hall, Toledo, O., the occasion be-
ing Lincoln day banquet, in which he
said:
During all of Grover CieveIand's
years at the head of the government
he was dshonoring one of our precious
metals one of orr own great prodtIctS