The evening bulletin. [volume] (Maysville, Ky.) 1887-1905, 1896-10-10
PRIESTS EXPERIENCE.
he Discovers Some of the Unheralded
Beauties of the Gold Stand
ard Idea.
Rev. Father Kelley, of Chicago, Who De-
posted $500 in Gold with the Illinois
Trust and Savings Bank, Cannot
Get the Gold Again and Is
Paid in silver.

was an exciting scene one day last
week in the great counting room of
the Illinois Trust and Savings bank.
Powerful pressure induced the Chicago
papers, with a single exception, to sup
press the story. The Chicago press is
absolutely under the domination of the
banks and not a line damaging to the
success Of the English gold standard
is given publication. Here is the story:
The Rev. Father Edward Kelley is
one of the best known clergymen in
Chicago. He was until last week an
ardent gold standard advocate and a
supporter Of Mckinley. Several months
ago an aged widow, one of his parish
toner's, became alarmed over the safe
ty of a sum of gold which was stored
in her house. The amount was $500, and
she intrusted it to Father Kelley and
asked him to deposit it in some bank.
He placed it on deposit in the Illinois
Trust and Savings bank. Recently the
widow became alarmed by the state
ment of the Chicago press that if Bry
an should win bank deposits would be
pastor to withdraw the gold from the
bank and place it in a safety deposit
vault
The following day Father Kelley
went to the bank and after explaining
the circumstances presented the orig
inal deposit slip for the $500. The CASH
Ter refused to pay in gold. Father KEEL
ley was astounded.
Il deposited this in gold, and I de-
mand gold in return" said the indig-
nant churchman.
The cashier smiled bIandly and said
it was against the rule of the bank to
pay out gold. He handed out $3.50 in
silver certificates and $40 in currency.
He positively refused to give bank
notes or any money directly redeema-
bic in gold.
Father Kelley, holding the money in
his hand, went to the private office of
John j. Mitchell president of the bank,
and being well known, was admitted.
He explained what had occurred, sup
posing, of course. that the wrong
would be rectifed.
I'VE are not paying out gold, and I
can make no exception to the rule"
said President Mitchell firmly.
do you mean to tell me that this
woman cannot have back the gold she
entrusted in your keeping?" demanded
Father Kelley.
THE money you have in your hand
is all right" was the evasive reply of
the now uneasy millionaire.
THAT is not what you and people Of
your class are telling the country"
said Father Kelley. his voice trembling
with indignation. You say that these
silver certificates represent coin which
has an intrinsic value Of but So cents
to the dollar as compared with gold,
and that If Bryan is elected 1t will take
two silver dollars to equal the purchas-
Ing power of one gold dollar. You have
this womans gold You pay her back
what you publicly proclaim to be 3d.
cent dollars. There can be but two
possible constructions placed upon
your conduct. You are either a liar or I
a thief"
Pale with excitement and anger Fa-
Their Kelley turned his back on the |
bank president and went away with |
his silver certificates. He went to 9TH !
er banks but was unable to secure the |
$500 in gold. Locked in the vaults of |
the Illinois Trust and Savings bank |
was not less than 100000 of the yell
low gold. 1t is being boarded to buy
bonds with If Mckinley is elected. 1t |
Is too valuable and scarce for widows |
and ordinary people.
President Mitchell is quoted by the
financial editor of one of the Chicago |
papers as saying that the cashier sup
posed Father Kelley wanted the gold |
for purposes of boarding, and that they
did not pay out gold to such persons"
What do you think OF that, you gold
standard worshippers? If you want to
hoard anything, hoard silver. The
banks will hoard gold. They will keep
on forcing down the price of silver and
the price of gold, until gold
goes to a premium. They will then buy
bonds with their gold and you will
pay the interest on the same-you and
your children and grandchildren.
Do you think you can get gold at a
bank? Try it, You cannot get a gold
iollar unless as a personal favor. And
yet Mr.. Mckinley tells you that today
,ne American dollar is as good as an
,ther American dollar, and that IL he
s elected president 1t always will be.
4 Mr.. Mckinley is elected president
,old will go to a premium the next