Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1897-08-19

Her of the Currency
an address drew to this
mornings session OF
the bankers conven-
ton IN audience uu-
Usually large. y large
number OF ladies was
present.
A representative
from each state was
called upon TO give
e brief statement
as to the gener-
d condition of lusi-
/ ness in his locality.
This drew forth in
every instance re-
ports of good crops:
\ reviving business and
encouraging prospects
; for bankers. Marked
: Improvement in busi-
ness conditions and
Indications for better
things in the future
I were the characters
tie state reports, as de-
ates.
! Eckels came forward !
with great applause.
ding OF his address.t the
careful attention. Mr..
n.
yds rid, for some years
iAtion, and. irrespective
29srits of the new act,
3 nows, insofar as 1t Is
oat basis to engage in
s,aand commerce. The
nj with each days ad-
Atinued depression in
sshssed. and, thanks to
fo3pnomy and cessation
, with to-day's abun-
lucrative prices to the
a Prosperity is coming
sperity. If 1t is to be
!, to be permanent in
rel all classes and inter-
r criticized congress
t2xe, saying in part:
e d most distinguished
declared that the
th a politician is a
ID economy and histo-
ted / correct, a review OF
Hon of the United
lirS century demonstrates
AMI icians in the histo-
av To do with it. In all
EN- Herywhere to be had
Of Underlying principles
)ncd a woeful ignorance
I nd " history. An analy-
Lrt3 ) testimony to the
ass A consideration Of
acdbeyond cavil. That
n rency system is one
!. IS every element OF
ly called a system. It
ery tial feature what In
of governmental at
ni1eystem. 1t is not an
naS parts into a whole.
sorl bnal principle or or.
sv9ce there is want OF
lsto presenting to the
Il 3eness it exhibits it.
K o1as and patches.
ted0 Mr.. Eckels. that
emit the government ex-
.sse1 e1lpenditures no fur.
yiiDX, and the argument
ne 4 conditions under q
lon the treasury is ad-
,poe the contention. It Is
Hedo0w greatly the bur
on tIeasury has been In
gh 81 purchases and Is
" r existing condition!
trey has no gold income
inGhannels of receipts
is lore far reaching on
k cyenue. 1t touches tn
rerag upon the confidenc'
" Gus in our ability AM
errt5On to maintain gol'
npl cpafidence cannot b
ncrng the governmenta
veuH could, there woui'
,e sllBt future impairnen
he M cause. That DANCE
imied by rendering 1t i'm
e tneasury the one sourc
foao people of every ma
s,deht to have our cur
1ayut an earnest must b
wills good tomorrow an
. fre. That promise car
I'd less legislative actio
abItbeyond the peradven'
thSurs is a gold standar
awsSta blishing the fact s
whruns may read an
Y se4uipped and resource
uueved, no matter no,
Ited1t will not be full
2 aR is but the policy I
ficesand not the uncontr;
IN ds.atutory law.
.ontaed the comptrolle
thaast wavered in the b
ow. aat in the end we "!
{ ahnking a and curren'
,e 4 to make impregnab
,redjt Its coming may
md nly attained after
$ to capital and injury
he Msery and distress e
ssInats and mandates
oIutjon that placed Fran
rocf of sound finance.
med starvation of the pea
at nation to wipe out I
England. but the victor
was complete. And tht
With the course of histol
t before the nations fina
rests upon a foundati
ernal hills the Americ
allied upon to pass throu
Ience and loss which wo,
Ike of unchecked paper a
But at last, no matter h
or great the suff
quiescence Of all, the mt
, which accord with
8 experience. all financ
every dictate Of comm
ere prevail in complete 8
nh -