The representative. [volume] (St. Paul, Minn.) 1893-1901, 1896-06-10
GOLD.BUG MEDICINE.
Mr.. Lowry Failing to Float Loan
Turns Calamity HowIer.

From the Minneapolis Penny Press.
The last time Mr.. Thos. Lowry, president
Of the Twin City Rapid Transit Company,
returned from New York, he prophes:ed
that ''the free coinage craze" was dead,
that the silver agitation was played out and
that the currency question was ''settled."
AS a result, he prophesied the speedy re-
turn of prosperity under "the existing gold
standard"
Yesterday Mr.. Lowry returned from his
money borrowing errand in New York
again. But he did not bring back with him
that promised return of prosperity" nor
did he bring back supply of Grape, collins,
and obituary notices for that alleged de-
furct "silver craze" On the other hand,
Mr.. Lowry brings back with him we'll
developed calamity howl" The free coin
age movement, which he pronounced dead
upon his post-mortem examination of few
months ago, is now enjoying a resurrection
morn and IS moving on with trumpets and
shouts of victory.
Mr.. Lowrys calamity wall as delivered
to the evening gold organ is published as
follows:
"It was not with his usual words of cheer
that Thomas Lowry returned to M.nneap-
oils this morning after an ABSENCE of many
weeks in New York. For the first time
since the depression began in 1893 ne Is not
an optimist from the ground up. He sees
terrible storm rising on the financial no
rizon, and that storm is free silver.
AT this moment, for every prophet who
can read it said Mr. Lowry to a represent
alive Of the ournal, the ominous hand
writing upon the wall foretells in no uncer-
tain words what will befall this nation If
this insane heresy is not overwhelmed,
wiped out and utterly eliminated from the
face of the earth. Already the free silver
agitation has dried up the founts of bust
ness, locked up the money Of the nation and
filled business men and capitalists with a
palsying fear of what the future may bring
forth. Without exception there has never
been moment since these hard times came
upon us when the money market was so
tight as it is now. Money is not moving at
all, and there has never of recent years been
time when it was so hard to raise money
on the best securities in the world. Every
man of wealth fears this free silver cyclone
and Is protecting and Strengthening himself
against the day when it shall break.
There is no doubt that the bicycling fever
which has taken possession of the country
has cut enormously into the profits of the
street-car business and made it more diff
cult than usual to borrow money on street.
car stocks and bonds. But that should not
cause our eminent street-car magnate to
rush to the conclusion that the country is
going to the dogs. AS matter of fact,
along with the boom in silver produced by
the Oregon election and other strong free
coinage symptoms, has come boom in.
wheat and general improvement IN the
stock market
The same paper which contained Mr..
Lowry's calamity wall, based on the in
creased strength of the silver movement,
published also the announcement that
wheat had taken an upward leap and that
the stock market had materially strength
ened. The market page OF the same paper
was introduced with the following cheering
headlines and wheat report:
BULLS HAD THE DAY.
Wheat Advanced Net Nearly Two Cents.