The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1896-09-05
Questions #Aich Hare Been Put to
N. Bryan BY
THE DEMOCRATIC NEW FORK WORLD
The Leading Democratic Journal Of
United States Seeks Llght-Wants It's
approximations Allayed--Why Does
Not Somebody Allay Them9

win not free coinage at 10 to reduce
the value of the dollar by about one.
half2
win itnot be in fact Reputation OF
about one-half Of all our debts, public
and private?
Is there not danger that it viii cause
the return to us Of all the American Sc
curities held abroad-goYernment rail
road and industrial stocks and bonds
thus preciptating a panic Of giant pro.
portions, with long years of depression
to folIowP
VIII not your election upon the Chi
cago platform cause the calling in, be.
tween November and March, of all col.
lectable debts, all loans, all mortgages
that have expiredP And Will not this
cause such distress as this country has
never known, particularly In the west
and south, where capital and credit are
most needed and depend upon CONFI-
DENCE as their basisP
viii not free and unlimited coinage
drive all the Ave or six hundred millions
Of gold and gold certificates out of use az
money or bank reserves? viii it not
cause q currency contraction Of the
most disastrous proportions, inasmuch
as the utmost capacity of the minis to
coin silver cannot make good this with
drawal for several years to come?
Will not free coinage place us at once
on financial level with Mexico, India
and China, and can we afford to 90 up
on that level2
Is there any country in the world
now on the silver basis which is as pros
porous as the United States even in
this time of depressiOnP Is there any
in which wages are so high as they are
here, or which. the dollar received in
wages will buy so muchP Is there any
silver basis country that has large
commerce, prosperous manufactures or
a we'll TODD agricultural class? Is it
not q fact that in every silVer-basis
country in the world abject and hope.
less poverty on the part of the
masses is the Fale2
Will you explain to us for our en-
lightenment and guidance how our
country is to escape like conditions il
we 60 to a silver basis, or how we are
to avoid the lapse to that basis if we
adopt free aud unlimited coinage at 16
to / when the commercial ratio between
the metals is about twice thatP
And if you tell US, as many flee coin,
age advocates do, that free coinage will
raise the commercial value of silver to
the coinage rate, will you explain to us
how in that case free coinage is tc
make money cheaper or easier to get
how it is to relieve "the debtor class,
how it is to increase the price Of wheat
or any other commodity.
You may be aware that there was
last year on deposit in the sayings
banks of this state alone $64S,S72, 574
This enormous sum belonged to 1876
| l7S depositors, giving an average to eacf
Of S39S.63. It represents mainly tue
small savings of the thrifty poor
Nearly all of it has been deposited
since the present standard of value wal
adopted by the government. Do yor
| think It fair or just to impair by Al pei
cent or by even per cent the value o.
the money in which those deposits
were earned and in which today they
would be paidP
There are in this state SS,7l9pension
lers. They drew from the government
last yeas nearly s14,OOO,O0O. Consider
ing the nature of this debt of honor
when Justly due-can you look will
favor upon any policy that might res
ult in paying them in deprecated
| CURRENCY -,
There are in the country 5,SS8 build
ing and loan associations, Of which Al
are in New York. These association
have 1,7I5, 725 sharehOlders-all OF tn
working and saving classes. Thel
assets last year were s45O667 p594, repre-
sented chiefly by mortgage loans t
home seekers, of which $4,000 ar
members of the association. Thes
associations have nearly all been organ
lied within the last fifteen years unae
existing money standard. Can yo'
think Il fair or beneficial to the work
inc people to reduce by AZ per cent o
any lesser sum, the value OF these IL
: vestments of the thrifty poor.
Isit not a fact worth consideration
in proposing decent to the silver stan
asEd that the thirty-nine Old-style hf
4 -. = ais