The times. [volume] (Richmond, Va.) 1890-1903, 1898-03-08
BEGGING FOR LEAVE TO TOLL. "
4 safe, Elastic and Available Currency
the Need.


WASHINGTON, j.. C, March r.
Mr.. Bradford Rhodes, the editor-in-
chief OK the Bankers Magazine Of New
York. Is spending "a few days In WASH
ngton. in addition TO his editorial du-
ties. Mr.. Rhodes is the president OF the
Mamaroncck Bank. and OF the Union
Savings Bank OF Westchestcr county,
both located az Ills home town Of Mann
aroneck. Tie is also proprietor OF large
stock farm on Quaker Ridge In West
chester county. Besides his diversity of
interests be is regarded as an authority
on banking and monetary AFFAIRS. ana
takes "a deep interest in the pending re-
form of the currency now being asitated
In Congress.
Asked what action in his judgmen3
Congress should take az the present time
he replied:
I'm my judgment, il is essential noS
only for the success Of the Repuo.lcsn
party but 90 maintain the integrity OF
lhe finances Of the government that some
thing positive should Doe done az the pres
emit session relative to improving existing
currency conditions.
"What should be done 20 bring about.
the required change in our financial con-
diuon?'
MY reply 20 this question IS based on
the broad proposition that first OF all The
business men of the country are honest
and are DESTROYS no, only of improvins
their own conditions, but of maintaining
tine integrity Of the government as wei
Tho friend of silver is not welded 10 his
opinions 10 such an extent. but that he
Is oDen 10 conviction and q change Of
heart as soon as he realizes that the
change will be better not only for him
SELF but for all others with whom he Is
associated IN business enterprises. Speak
ing something as a politician, the present
administration VIII necessarily be charg-
ed with an The failures 20 make material
progress OF the citizen. as well as It's
failures to enact laws tending 90 improve
existing conditions whatever they may
be- The feeling of unrest among the peo-
PIE must DE met. The citizen wishes first
90 improve his own condition and second
lv 10 look out for the best interests Of his
immediate ne'shhorhocd. his township
hfs county. his State and necessarily the
larger community o. states embraced IN
the Union From a purely political
standpoint. from my observation, the
party in power will gain an immense adj
vantage by promoting and pushing 70 a
vote i'm the House Of Representatives q
simple. definite and clearly understood
measure for reforming existing currency
laws so as 20 meet the actual demands
OF business in every section Of the coun-
try.
while IT Is generally ACKNOWLEDGED
that there Is plenty Of money I'm the Unit
ed States. yet In very many localities Il
cannot possibly be had to meet actual
business requirements. Technically. the
gold standard is an absolute fact on the
statute books OF the United States to-day.
The broader and more crying demand Of
the times is to so distribute the money Of
the country as to make It available az the
places and at the times where and when
it is required.
In every community there are hun
dreds OF men who are begging for leave
10 toll as Burns so aptly said. but the
avenues OF vocation are Closed for lack
of the proper resources with which to
start the wheels OF industry. Make Ii
possible to Issue currency at once safe