The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1896-10-16
YELLOW GOLD
FOR THE RICH.
While Silver Alone Is Now Being
Paid Out to tho Poor.
THE EXPERIENCE OF A PRIEST.
He Discovers Some of the Beauties Of
the Gold Standard Idea.
Rov. Father Kotiey, of Chicago, Who De-
posited $500 In Gold with tho Illinois
Trust and Savings Bank, Cannot
Get the Gold Again and II
Paid In silver.

posited $500 In Gold with tho Illinois
Trust and Savings Bank. Cannot
Get the Gold Again and Ii
Paid In silver.
Chicago. Oct. 6.-(Specinl.) )-There
was an exciting scene one day last week
in the great counting room of the lii
nois Trust and Savings bank. Power
bil pressure induced the Chicago pa-
pers, with n single exception, TO sup
press the story. The Chicago press is
absolutely under the domination of the
bnnks, and not line damaging to the
success of the English gold standard
Is given publication. Hcrc is the story:
Rev. Father Edward Kelley is one
OF the best-known clcrgymen In Chi
cngo. IIe WAS until Inst week an mr.
dent gold standard advocate and sup
porter OF Mckinley. Several months
ago nm ascd widow, one of his parish
toner's, became alarmed over the safety
OF Ii sum Of gold which was stored In
her house. The amount was $500, and
she intrusted it to Father Kelley md
asked him TO deposit it IN some bank.
lie placed 1t on deposit in the Illinois
trust and savings bnnk. Recently the
widow became alarmed by the state
mont OF the Chicago press that II Bryan
should win bank deposits would bc
pastor to withdraw the gold from the
bank and place it In safety deposit
vault.
rhe following day Father Kelley
went to the bank, and, after explaining
the circumstances, presented the orig
nal deposit slip for the $500. The cash
ier refused to pay In gold. Father Kel-
ley WINS astonished.
al deposited this in gold, and I de-
mand gold in RETURN" said the in
dignunt churchmnn.
The cashier smiled blandly and said
IL was ngainst the rule Of the bank to
pay out gold. lie handed out $460 in
silver certificates and $40 In currency.
lie positively refused to give bank
notes or any money directly redeem
able in gold.
Father Kelley, holding the money in
his hand, went to the private Office Of
John ]. Mitchell, president of the bank,
and, being we'll known, was admitted.
He explained what had occurred, sup
posing, of course, that the wrong
would be rcctitled
1--WE are not paying out gold and
can make no exception 10 the rule"
said President Mitchell, firmly.
"Do you mean to tell me that this
woman cannot have back the gold she
intrusted in your keeplng?" demanded
Father Kelley.
"The money you have in your hand Is
nll right" wns 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 aR
intrinsic value of but 81 cents to the dol
lar as compared with gold. and that if
Bryan is elected IL will take two silver
dollars to equal tho purchasing power
of one gold dollnr. You have this
womon's gold. You pay her bucls what
you publicly proclaim to be 53-cent dol
lars. There can be bat two possible
constructions placed upon your conduct.
You are either linr or theft"
Pale with excitement and anger Fa-
ther Kelley turned his back on the bank
president and went away with his silver
certificates. He went to other banks
but WIS unable TO secure the $500 In
gold. Lodged in tho vaults of the I'LL
nois trust and savings bank was not less
than $2,oOo,o0O OF the yellow gold. It's
being boarded to buy bonds with II Me-
Klnley is elected. 1t is too valuable and
scarce for widows and ordinary people.
President Mitchell Is quoted by the
financial editor of one OF tho Chicago pa
pers rs saying that tho cashier sup
posed Father Kelley wanted the gold
for the purpose of boarding. and that
they did not pay out gold to such per-
sons"
standard worshipers? II you want to
hoard anything hoard silver. The
banks will hoard gold. They will keep
on forcing down the price of silver and
enhancing the price of gold, until gold
goes TO 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? Tryit. You cannot get gold
dollar unleasiAs personal favor. And
yet Mr.: Mckinley tells you that to-day
one American dollar Is as good as an
other American dollar, and that II he Is
elected president IL always will be. II
Mr.. Mckinley 10 elected president
gold will go TO a premium
the next day. The banks and
trunsts and syndicates have boarded II
in greedy anticipation of such an event.
The eHeidelbachs,th the Ickleheimers, the |
L,azards, the Pierpont Morgans, the
Ruhns, the Loebs, and all the other gold
brokers Of Wall street, have recently
added s2o.ooo,ooo to the cold reserve Of