The McCook tribune. (McCook, Neb.) 1886-1936, 1897-10-22
REPUBLICAN, OPINION.

". Rttta OAiAO NAAhtA
have been out of operation for severa
years, are being re-opened with a full
force of men. The Wead paper mill,
at Malone, N. Y, which have been idle
for two years. have been ~re-opened
the Bridgeton, Pa, wooden mills, which
have been closed nearly three years
have resumed operations; two of the
Ohio valley railroads have given or
ders for one thousand new box cars
each, for use in the business which is
being offered them, and which they are
now unable to handle; the Cleveland
rolling mills report a large order fol
bar steel from Birmingham, England,
and an Ohio paper mill reports a con-
tract of several thousand ton of print
paper for the Japanese trade.
No better evidence of the actual re-
turn of business activity could be
found than the official reports Of bank
clearances for the week ending Sep
TENDER Is. They show the clearances
to be fully fifty per cent greater than
at this time a year ago, and seventy
five per cent. in excess of those of the
corresponding week two years ago.
They are greater than at any time
since January, 1899.
Is it that terrible money power"
that is destroying the crops all over the
world for the purpose of giving Amer
lean farmers higher prices and thus
showing them the falsity of the wheat
and-silver theory? There is just as
much ems in assuming that the mon
ey power could control the wind and
weather and grasshoppers and other
causes of foreign grain shortages as it
vas to assume last fall that a handful
Of financiers located in some mystic
rious secret chamber in London or
elsewhere could control the legislation
of the greatest and most intelligent ma
tons of the world in behalf of the
gold standard, as was asserted
day to day and week to week during
the entire campaign of 1896.
Is it the Dingley law or the fall OF
silver which is the cause Of advance
days? There has been no occasion in
which silver has fallen more rapidly
than during the month of August, and
no time in which all farm products
have advanced nor rapidly than dur
ing August and September. Since the
Dingley law went into operation about
the time that this advance came, it
might be well to call upon Mr.. Bryan
for another paid syndicate article ex-
planning the cause of this general ad-
vance.
The treasury department has over
s145, 000, 900 of gold in hand, and has
had since the Mckinley administration
came in a larger gold surplus than ct
any time for a long period of years.
This is in marked contrast with the
during the Democratic ad-
ministration, when President Cleve-
land was compelled to sell bonds every
now and then to keep up the hundred
reserve.
Those people who are satisfied with
Mr.. Bryan's explanation of the cause
in the advance in the price of wheat
might do we'll to inquire of him about
the advance of wool. He says the adj
vance in wheat was due to a shortage
abroad. There is no record of any
considerable shortage abroad in wool,
yet prices of wool have advanced sixty
per cent. since the beginning of Sep
TENDER, 1896, while silver has fallen
per cent. in the same time.
The visit of Senators Mantle and Pet
tigrew to the Mikado of Japan to in
quire why silver has been demonetized
to have been a great loss of time
and labor. Had they taken the trou-
BILE to examine the report of the di-
rector of the mint, which covers, the
of Japan's silver coins during the
past few years, they would have found
it entirely unnecessary to take their
trip across the Pacific, though that
be a very convenient trip for al
most anybody to take providing the
silver trust saw fit to pay expenses.
The report of the director of the mint
shows that the japanese silver yen,
which was worth SO ITO cents in 1891,
was only worth At $40 cents in 1897, |
all of which should have been sufficient
information for anybody who wanted
cold facts without a foreign junket as
an accompaniment. Senators Petit
grew and Mantle having omitted to fav-
Dr. the people of this country with the
result of their interview with the Mi
kado, the public may be able to work
along with the information given in the
following table, until the silver states !
men are heard from:
Value of Value OF
Year. Silver Yen. Gold Yen.
1853 ......l0.S 9S.f
1889 .73.4 99.7
1890 1852 99.7