The evening times., 1898-04-04
A DANGEROUS WEAPON.
The Money Powers Contempt Of Law
end Justice.
(From the Denver Times-Sun.)

Gnu Justice.
From the Denver Times-Sun.)
The London Statist, organ OF the solo
| syndicate in England, is made the OIL
| cial medium for another threat OF
bankers panic in case of the triumph OF
| free coinage in America. In a recent issue
| it says
II Mr.: Bryan should be elected President IN lsyo,
I and il. at the same time the sllVerlte HIIJoIly
| i'm both houses of Congress should De chVsen,
| there be no reasonable DOUBT una, d Pni pan.
would follow, than has Deeh WI, VII
messed in any part Of the world ior very i'"e
/ time. -,
Inis threat has been used before, but
| never with quite such directness as Is
| contained i'm the paragraph which loiioWS'
| After enumerating the damage Whlch 81.
| yer coinage would, in it's estimation, WORK
| to banking interests, unless, OF conI 30'
silver rose to the value affixed to IL by the
| coinage laws" the Statist declares:
| But bankers and other capitalists would not
wait to see whether as a matter OF fact, SILVER
would or would not rise. They would at ohCe @ re-
duce their note issues, present the legal tehuSIS
al the Treasury for redemption IN gold, ana aIso
they, as well as other lenders, would call IN an All
loans outstanding 1t would be impossible foT the
borrowers to pay, for everybody would be Iehuins'
The resulting panic would be indescrlDapie'
| Heretofore the arrogance or the money
| power has been confined to predictions
| as to what must inevitably happen IN case
| its dictum should not be followed 10 the
| letter but here is direct threat OF wndt
| it would cause TO happen in case ihe
| American people should see fit to estaDllSn
n monetary system calculated TO serve
| their own interests. Unless 1t shall he
| allowed to dictate the measure of its
I tithes and fix the manner of taking It's
| pound of flesh, 1t will annihilate the bust
| ness interests of the country, or at least
| crush them beneath the indeserlbaoe 9
| terrors of a financial panic of its own Gre
| alton.
| There is no attempt to Justify such 4
| course. On the contrary, the Statist dis
| tinctly proclaims the legal as well as the
| moral Justice of bimetallism i'll the follow
| ing frank confession:
Mr. Bryan maintains that not only silver coin and
| notes based upon silver should be kept at the
value assigned 10 them by the United States law,
but that they should be treated in every respect
a. equal 10 gold. Therefore it seems safe to con-
, cude that MIR. Bryan, If he were IN power, would
! redeem the greenbacks and pay the interest upon
the United States debt indifferenty in silver and
gold In doing so he would be acting within The
law The law requires that they shall be paid
in lawful money of the United States, and there
is no question that the legal tender silver dollar
is lawful money.
If the people OF the United States, iep-
resented by Mr.. Bryan as their President,
are to act within the law. what justifica-
ton, pray, would there be for the creation
| sistance TO the payment of lawful ubliga-
| tions in perfectly lawful manner? We
fear that the Statist has unwiJtns,y plac-
| ed the bankers of the country in a very
| compromising and embarrassing position
| The Statist and it's friends will do well
| to pause and reflect before giving utter
ance to further threats of this kind. Con-
tempt of law and justice and the rights
| of others is a dangerous weapon, even in
| the hands of those who are proud TO boast
! of themselves as 'the governini; classes.
| Contempt breeds contempt, aud 'he eN-
ample of wealth and Intelligence is apt
| to be followed by poverty and ignor" nee.
| When the wealth controller ignores moral
! obligations the wealth proICcer is almost
| certain TO do the same. When both be-
| come imbued with this spirit. anarchy
| finds birth. Rule or rum Is a same at
| which two can play.
| The bankers should CO.! OF their hounds
| lest they develop into dogs of war;