The Holt County sentinel., 1899-08-11
Plenty OF MONEY.


Tina waH the burden uf unr 1T h,a .,am
raiHn Hprrrhra. delivered when tho
~" Gland rrstn,n waa ai,li ~ l.,upr,
aud conditions all round wrrn an, thins
hut prrsnan, "f an early frarilnu tn ru
courage people in ventura iniiniia
prnphrs. uf better t,mrs Mr Rr,an
WAS us,ng Tor his trNt n statement uf
Senator Sherman. "that there should i,,
an addition of Sla,WN. 600 per annum Ia
the circulation medium of the country
To keep pace with the growth nf p"pula
tion."
The total amount of money IN cIrcula
ton July |, 1896. the year OF Mr.. Bryan's
campaign, was Sl,5o6, ,iaa ,96G. Three
years have since rolled by, during which
the Republicans have formulated the
chief financial measures now in force,
and have had the care and nurture OF
the circulation. The total amount of
money in circulation July l. 1899. was
sl.G2 ,iSi ,2s, an increase OF 1926, ,Oi9, ,2273
over the amount in circulation at the
close OF the last fiscal year OF the Demo-
cratic administration, when Mr.. Bryan
raised his voice prophetic OF disaster
The annual Increase, therefore, shows,
instead Of S42,OOO,OOO, the limit Of safety
fixed by Senator Sherman, as quoted by
Mr. Bryan with his Endorsement, the
startling sum OF l42,Ol6, i22 per annum,
or more than slOO,OOO,OOO in excess of
the limit adjudged to be about the right
margin for prosperous times.
Of the total amount, 81, ,9.}2, 49,, ,2f9 is
actually in the hands Of the actiye busi-
ness agencies Of the country, while S6o3,
'fd, ZIG additional Is in the United States
treasury. Estimating the population at
16, liS,co this would give a clrculati9a
per capita OF S25.3S, based upon, she
whole circulation, as compared sisn S2l.
II in June 1896.
To the latter year ms sotal amount Of
standard silver collars in circulation was
only go, ll6'@H. and OF silver certificates
sA,o'oo',l'... Exactly three years later,
o"l' 1, 1899, the amount Of silver dollars
: in circulation was s63 ,3Sl, 715l, and of sill
yer certificates, s4Ol 1863, ,343, an excess
Of Sll ,26i ,Si7 IN the amount Of standard
silver dollars and s7l,2l2,l52 in eertifi.
Gates, or total increase in the silver
circulation Of sS2, ,476. .999. This is moi
counting subsidiary silver, amounting
to Sl0,51l, ,23l more thus bringing the
silver circulation up to the Sl0O,OOO,OO(
mark in excess of the figures Of July !
1886
The greatest increase. however, hal
been in the use OF gold. The gold coli
in circulation July |, OF this year, wal
s7O2, ,06O,459, while 1t was only sl5i, 800,
064 on July l, 1886, an increase ot s2iI,
I55395. Gold certificates in circulation
in 1896 amounted to si2, l9S, ,ll9, and il
1899 to 81, ,65G, ,269. decrease of $40,
d $50, leaving the total amount OF gol,
in circulation at the beginning Of tn,
present fiscal year at s73i, 49, ,72S. o
the total gold coined or issued but Sl53,
D., ,1!fi is in the treasury, while OF tn
total issue OF standard silver dollars
S4I6,s69, ,iSO is lying dormant IN tn
United States treasury, and si,2lG,l6
silver certificates are keeping it com
pany, showing that there is comparative
. ly small demand for the standard sllve
dollar as a circulating medium. Exact
ly the reverse is true as regards the gol'
certificates, OF which Sl,64l $50 are ii
the treasury. To form birds eye vie,
OF the issue and circulation Of the Rol
and silver coinage, the following table i
attached:
Gold coin in circulation 80. SIO2 ,060, ,i5
Gold coin 10 treasury. .... lS,522,5 80
!, Total S855, ,5S3, ,O5
Silver dollars in circulation. 3 G3,3Sl 10
> Silver dollars IN treasury. 416,S69, AZ
} Total issued .......... .S4S0. .25l %
, Gold certificates in circulationS32. CSC, &c
) NOIu CcTIiilChtcs III tTbdouI1 iso1i,1'
Total issued d.......S 3,91 81
Silver certificates in circula-
tion- ...- .ef' i'ooo',d
Silver certificates in treasury 4,2l6, lG
Total issued d.............S S4Oi ,OS5, ,5O
OF the total amount OF silver dollar
issued in the shape OF standard dollar
and silver certificates, exclusive OF sui
d sidiary silver, the enormous total {
t si2l l,OS5,Gll is lying idle and unused i
, the treasury. OF the total gold thu
1 issued only sl55. 5.lGI. JAG is deposited l
the United States treasury, while tn
q great bulk Of it is doing business in tn
! hands Of the people.
This 10 .he answer to Mr.. Bryan
question. What provision have the II
publlcans made for the supply Of th
. money that we nsed?" That haye give
the country an annual increase Of CT
culation Of SlI2,6lG, 422. and they hay
!. given silver chow by adding near
S1O0,OO0,0OO to the silver supply in ci
culation since the last Democratic al
nInistration