The record-union., 1896-07-20


bring us their bullion. They must coin
it into silver dollars and invest 1t in
American products to derive any ben
eft from such a course. and American
producers are certainly not going to
object to finding a foreign market from
which they receive good American mon
ey in exchange for their goods.
THE MENACE AND ITS EFFECT.
Portland Oregonian: The complaint
begins i'm the mouths of demo-populiSt
orators that the banks of the country
are calling in loans and refusing to
lend money, in order to coerce the peo-
pie in voting against silver in the No
vember election.
Upon this allegation tremendous In
dignation blazes forth. Demo pOpuliSt
orators use it as further means of
firing the popular heart against 1.-The
accursed tyranny Of the money power
and howl more loudly than ever,
Down with the gold and up with the
silver standard!'
Now, of course, the banks of the
country are conducted ON business prin-
ciples, not on consideration of political
expediency 1t is certain they are doing
necessary for them to do SO. Before
tainty 1t will be determined by the
way the country shall vote next No
vember whether our money is to re-
main on the gold basis or be changed
to the silver basis; whether the gold
standard shall be continued or the silver
standard substituted for it; whether
our money shall continue to rest on the
value of gold, or shall be placed on the
value of silver; whether We are to keep
100-cent dollars or adopt 53-cent dol
lars. Is it surprising to find that this
is a question that deeply concerns the
banks of the country?
GROWTH OF EXPORTS.
Red Bluff News: The most signifi
can't feature of the export trade of the
United States in the past three years
has been the steadily increasing pro-
portion Of manufactures to other COM
moditieS. The very accurate and intel
ligent Washington correspondent of the
New JOrk journal of Commerce" says:
THE exports of American manufactures
for the fiscal year 1896 will exceed by
nearly % per cent. the record of any
preceding year The figures for the
eleven months ending May 31st last
show total exports of manufactures to
the amount of S206, ,591, ,691-an increase
of nearly S40000,00O over the CORE
spending eleven months of 1895. The
month of May alone showed an increase
from S1S IA ,616 in in 1895 to SD 016,-
600 in 1896. If June shows only as large
an export of manufactures as last year
the total for the year will be 1924 000,- :
600. An increase corresponding to that
during the last eleven months would
carry the total several millions higher
The percentage of manufacturing ex-
ports reached the unusual figure Of
about 80 per cent during May, against
an annual average during 1895 of % ii
per cent. The total exports from the
United States for the eleven months
ended with May were $79S. .264 ,351, and
the proportion of manufacturing ex-
ports was more than % per cent-a
figure never before attained in the his
tory of the American export trade
WHAT TO DO.
Los Angeles Express. Show the peo-
pie that vote for Mckinley is a vote in
this State to re-establish the wool busi-
ness, to protect the fruits and other in
terests from foreign competition, be-
cause Bryan is rabid free trader, worse
even than Professor Wilson of blessed
memory, who framed the Wilson bill.
Show them that q vote for Mckinley
is a vote for reciprocity that will extend