The evening times., 1900-09-08
Circulation Statement.
Mr. Sage and ats searecroyr.

The fact tnat Mr. Lyman J. Gage has
succeeded in life as banker seems
10 have obscured to his intellect an
other fact which is. that, as eontrover-
siaI writer On public affairs. he is a dismal
feiluIe lie should have learned this from
the manner in which MS laborei apologet-
les, referring to the peculiar New York
Custom House deal in which he was I'M
plicated. and his connection with the free
use of 4 hundred million dollars OF Gov
erument money by the Standard OIL 6&nk,
were received by the public His scare
crow interview in which he asserted that
Mr.. Bryan if elected could and would
place the country upon a silver basis, by
evadiEg the Gold Standard law passed at
the late session Of Congress; and his re
ply 10 the open letter of the Hon. Carl
Schurz criticising his alarmist utteranees,
have not been happier efforts, especially
since they are calculated to show him in
the NagGonic light OF a person who IS dis
irgeaucus!v ready 10 revise his beliefs and
reform his opinions at a wink from the
Hanna headquarters, or a word from the
White House.
Nevertheless. We must l. Mr. Gage the
justice to say that his insincerity is Of
d held and energetic character, and that
he generally shows the coLTage Of any
convictions that may be required Of him
cn any particular ocgasi0n, although
knowing that the same are dfauetricaI,y :
enrcscd TO others recently held and voiced
Ly him y remarkable illustration of
this quality in Mr. Cages mental and
conscientious organization is supplied in
The divergence between his scarecrcw IL
teTvisw statements and those OF another
interview. printed in the New York
Journal CT Commerce" on July 16 OF
This year, in reply TO Prof. Laugh
Inns criticisms of the Currency act.
Then Mr. Gage said:
- am satisfied that the new law establishes thl
go.d standard beyond assault, unless il l. de
i,,,,.7,Z. ri-tatCd X J. quite true thai
he legal-Iendcr guauty i,as not been taken away
from the silver and paPel money OF The United
States II would have been rCI1aTh4J.e aid
1iSqGeting thing to do. What difference
Rould it make 10 me ii / held some honis and
Nj Bryan should direct his Secretary OF the
ffeSaUry 10 sort cat some Of his limited stock d
IiIytr dollars Tor the purpose OF Tedeemiug The
ponds. Would Immediately deposit the
liver in my bank a9d draw checks against II;
ust rs ! would II the Secretary had exercised
he more rational policy OF paving me with 4 sub
Treasury cLeckz l believe that silver Vii never
lrop below par ia gold The crux OF the propo-
ition Is that adequate measures have been taken
y tbe Hrw law 10 prevent such ContiHSency.'
III Is wholly immItc-ial whether souae Secre-
sty OF the Treasury pursue~ the iufantiic policy
PBs ms. silver dollars upon these bonds instead
If checks. when, as / have slaNa, all money Of
.hg United States ! convertible into gold These
ne the distinct provisions OF the new law. and
hey cannot fa5I to naintJin tie gold standard,
keep By Ii5e de.t5cTare violation of tie duy I'M
aestd tl the iaW upon the Secretary Of the Treas
Hry. la the event oi Nj BIyan's election
tlirk the gold standard woui - re-olutey main
jdinld so long as the law remained uu ths
Statute book
IN September Mr. Gage cries out in wild
alarm and pain, that there IS Imminent
danger of Mr. Bryan doing what. in July,
he declared it was impossible for anybody
20 do. 1t would be wisdom On the part Of
Chairman Hanna to sand3aper the muzzle
be has just taken of from Teddy Roose-
velt and clap it on Mr. Gage