The morning times., 1896-08-18
Bryan's Artful and Quixotic Patriotism.


M n e G 40 bs nation
policies
they insist the right of assaed and until
that quest settled all other insignificant
| From III. Byans Nea0 York SP'eoh
Had Mr. Bryan carefully studied the situation and
thoroughly informed himself to the condition of
American affairs compared to those of other nations
he would have made such artfu plea for patri-
otto support.
The people of the United States owe to other nations
than 5000 600 in gold, which have been in
vested here the development of the that he
desighates of 'surpassing rc hness Necessarily
obliged to interest this Indebtedness which
Mr. Bryan tribute, but the money solicited
and borrowed with that understanding, there is just
ground for complaint Our of exports over i'm,
ports prosperous years indicates clearly that
rapidly becoming creditor instead of debtor nation
and with the assistance of sound money system such
has already built up England, Germany, France and
other great nations. there is why should
not become stronger than they financially. CONNER
cialy and in all other respects NoOne denies the Amer
lean public the right of self government, will any
other nation dare to interfere with American AFFAIRS but
there is such thing ''bitng ones off spite
ones face and if attempt to pay off foreign in
debtedness with deprecated money, the sllvertes
would have do the nations defrauded, and with which
trade, might close their markets against and
then what would our Ouxotic patriotism amount to.
Echoing Mr.. Bryans sentiment 1--WE cannot enforce
selves unable frame financial policy but
neither he his sverite supporters offer financial
policy. In their demand for free silver they copying
the financial policies of China and Mexico both of which
have used tie silver standard longer than the United
States have been in existence
To reach the pith of Mr. Bryans statement must
remember that nations judged by the standard
apply to individuals I'VE enforce respect
foreign policy unless it is honest and worthy that
spect The claim that gold has appreciated and that the
payment of foreign debt in silver would be of
dishonesty be satisfactorily substantaed 1t does
necessarily follow that because silver has fallen price
of lack of demand for coinage purposes that
gold has advanced accordingly unless is also shown
that there has been consequent scarcity of The
worlds production of gold since 1873 has exceeded the
growth of population about 80 per cent and the world
coinage ard circulation of all kinds of currency shows
still greater per cent increase This plainly indicates
that there has been scarcity of money and also that
there could have been no appreciation OF gold.
Gold is not generally used circulating medium.
1t has become necessity with all countries settle
foreign trade balances and is also extensively employed
in funds to guarantee national and bank paper
currency, but, generally speaking, there is little OF
that passes from hand to hand any of the socalled
gold countries. Unfortunately owing to lack of
to meet public expenditures gold has been made
modify of speculation during this entire Cleveland
istration With return Of prosperity however, this
species of shyockism will entirely disappear and few
legislative changes in monetary system will make it
safe and reliable. Why then should go to China and
Mexico for monetary standard, especially when it
will involve so long period of distress.
To enlist patriotic support and gain public confidence
partisan leaders must phrase future appeals in the lam
guage of and not depend entirely arousng pop
uar JUDGE by infammaory utterances There
many unfufed promises already record and too many
serious thinking people to carefully weigh each public
declaration. No party succeed through odtime
torical demagogy. Naturally this assertion does not
apply those who will not investigate but it expresses
the sentiment of the great majority and must, there
FORE stand popular opinion -Four ago the Dem
ocratc party pledged prosperity through revision of the
tariff Possibly its efforts to bring about good times might
have been for the reachery its
leaders. This year the party is again prolific of
prophesy and proposes free silver the key to
plenty. Whether free silver will be ehcacous than