New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-08-24
A BUSINESS MANS OBSERVATIONS.
EVERY AMERICAN IN EUROPE ANXIOUS TO GET
HOME TO VOTE AGAINST BRYAN AND
FREE SILVER.
FREE SILVER.


Washington. Aug % Special John B. Daish. of
the firm OF s s Daish & Son. grain and coal dealers
of Washington. has just returned from business
trip through England and France. Washington
Times" reporter called upon Mr.. Daish last night
and had n pleasant chat with him In regard to his
trip and what he learned about finances while
away. Among other things. Mr.. Daish said: I'm
the event OF Bryans election large Of foreign
capital would undoubtedly be withdrawn from this
country. The Americans. as a nation and az in
dviduals are considerably indebted 10 the European
countries and when by reason of a change OF Adj
mnistraton or threatened legislation which would
have the effect OF depreclating the currency the
European FASTENED to withdraw his pital and dis
pose OF his securities would undoubtedly have
panic exceeding in its severity any that has ever
taken place in this country. No one would venture
to predict the value Of our securities should such
state of affairs come about.
AT the present time those who have capital In
vested In this country are on the fence. They do
not know whether TO dispose Of their securities at
or 10 cents less on the dollar or to hold on until
n President shall be elected and the party which
elects him tries to carry out It's platform. IT Is
current rumor In this country that money is tight
at the present time but with Bryan's election the
scarcity OF money to-day would be Ike the horn
of plenty. The Engshman. however,, has great
faith in good sense. our energy and ability.
He believes that the better judgment of the
American people VIII prevail, ana that they VIII
never suffer any depreciation OF the currency
which would allow the debtors to pay of their In
debtedness In deprecated coin
II neither n prophet nor the son of
prophet. but venture the assertion that II next
November the American people choose Mr.. Bryan
for President shall see within fifteen days the
greatest upheaval OF values that the world has
"A great deal is current IN the American news;
papers Of to-day about the free-slver countries OF
Europe. Our editors are being educated In the
legal-tender qualities of French and other silver.
Whatever may he the laws upon the subject, they
passes for Its face value anywhere in Europe bur
If one is unfortunate enough to secure as did. an
a bill in France with the same he will find that It
is only worth two francs fifty centmes, being one
n Hl SILVER pecd silver piece
worth but one franc In any other country than that
II which It. Is issued VIII the exception x6 4aat the
In other words the silver coin OF the so-caed free
silver countries bears the same relation to the
money OF any country that the Mexican dollar does
TO our own currency.
y met great many Americans whom know.
political situation was the one absorbing topic II
was not my privilege to meet any one who was
willing to vote for Bryan and free silver The
opinion OF all may be summed up In the expression
OF a German president OF National bank, who
had voted the Democratic ticket in National. State
enough to vote but that this fall he felt himself
under tn" necessity OF casting his ballot for Me
passengers. every American entitled to vote will
be present Election Day and cast his ballot for
Mckinley end Hobart
Europeans believe that a radical depreciation Of
currency would throw this country back among
the countries OF the world from fifteen to twenty
years. They believe that Notwithstanding the high
rank which occupy. with n deprecated
currency we would be placed on a par with Mexico
and other countries where silver Is the basis OF
the currency. The foreigner also appreciates the
fact that no small amount OF the silver agitation
Is being caused by the owners Of silver mines In
this country"