The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-01-17
BIMETALLIsM IN GERMANY.
Bryan Man Defends His ChiefG
Statements.

To the Editor of the Globe.
In re the communication Of DR.. e. SchraS
der anent Mr.. Bryan's reference to the posis
ton OF the agricultural classes in Germany
upon the question of bimetallism, l see Nc
reason why the Doctors statements are any
more worthy sf belief than are Mr.. Bryan's.
He Che DOCTOR simply makes assertions, CIV
ing neither authorities for same direc-
tons for verifying his statements.
The fact that the friends Of bimetallism
could muster sufficient strength to pass the
resolution referred to is prima facie evidence
that Mr.. Bryan's statement is co~rcct, ana
/, for one, fail to see in what respect the
communication of Dr. Schrader has accom-
pHshed his intended object, namely, of max
ing Mr.. Bryan appear liar.
DR.. Schrader attributes the considerable
influence of the bimetallic forces in the Ger
man reichstag and in German politics" to an
''inscrutable dispensation Of Providence" 1
attribute it to the fact that they are alive
to the widespread poverty and disaster which
have followed in the wake Of the gold stand
ard.
If there is gold enough in the world to
carry on the commerce Of the world, how do
the advocates of a single standard account
for such stringency in India? See tele-
graphic dispatches:
so great is the urgency for money in In
dia that the India council is considering
plans to increase the supply Of currency. In
order TO facilitate the operation of issuing
silver coin against gold deposits at the rate
Oh LOU per rupee, ana 10 save the time ana
expense involved in the remittance of gold
to India 1t Is said that the council will re-
ceive, on behalf of the Indian banks or mer-
chants In London, gold for deposit in the
Bank Of England against which orders or
transfers will enable silver coin to be drawn
from the Indian currency departments"
In the face OF such evidence what excuse
have the gold bugs to offer for the closing
of the Indian minis against silver During
the twenty years prior to the closing of its
minis to silver India enjoyed a degree of
n try GIN
the dawn of history. She was promptly pay
ing YoJ,OCOOOO year gold interest in Lon
don, without incr easing taxation. She was
exporting so 900 coo bushels of wheat with
Jute, opium and other exports in like pro-
portion. Her prosperity was stricken down
by the suspension of silver coinage and she
has been struggling in bankrupt condition
ever since
Japan emerged from semi-barbarism and
reached the proud position of a hrst-c.ass
power by reason Of an abundance of slye1
money. Last year she demonetiZed silver and
adopted the gold standard. This year she Is
virtually bankrupt. Mexico, on account OF
the advantage of the free coinage of silver,
las advanced more in prosperity wealth and
civilization in the last twenty years than
any other country in the world and Mr.
Bryan informed me that, from the president
discussed the subject he failed to meet one
advocate of a accomplishment Of the presesi
financial policy in Mexico.
Once the majority are convinced that use.
tuiness. and not cost gives value we win
have 10 difficulty IN securing a return to
the money Of the constitution without asking
the aid or consent of any other nation Il
is this blind worship of intrinsic yalue''
that accounts for the opposition we meet.
Thank the Lord it is growing gradually less
pronounced The people are beginning to
thlnk Tor themselves. Louis Nash.
st. Paul, Mimi, Jan. Is, 1898.
Examine goods you buy before they are
wrapped uD. Then you run less risk of cor