Lewiston teller. [volume] (Lewiston, North Idaho) 1878-1900, 1900-04-11
Official Paper Of Nez Perez County
Is Prosperity a Dream !?

Colonel Bryan, TO whom goOd
times have given "faii round belly
with good capon lined" delights
i'll posing as the Had Of human
woes and in telling people that the
prosperity they are enjoying is I'M
aginary. He would hold it to be
prosperity if the peoples pockets
were weighted with bastard silver
dollars, and poverty if people have
fat bank accounts and security to
offer for money when they want to
borrow. But it is money you have
or can get on security that counts,
and right here is where the ma
tional bank statements to the con-
troller of the currency puts Colonel |
Bryan's arguments to rout.
Business throughout the coun.
try was at low ebb when Bryan
was standing for the presidency in
1896 and the pressure in our Pa
cific coast states was especially Sc
we're. Bryan had scared much Of
our money into hiding places, and
our individual deposits had fallen
to $37. 1888, 600 81; business con
traction, loss OF confidence and in
stability of values had forced our
loans and discounts down to lit.
tie short Of SIS, 900, 600. Three
years of business revival increased
our deposits by nearly $40, ooo, 900
and our loans and discounts by
over Sis, 600, 600. You republi-
cans" to use Mr.. Bryan's hysteri-
cal method of addressing his audi
ences, il this is not prosperity, what
is it3 In our northwestern states
Oregon, Washington and Idaho
individual deposits were S35,-
243.374 Io ON December 2, 1890,
the highest total ever reached in
this section. The decrease of
nearly So, 900, 600 between Deem.
Der Of last year and February of
this year is accounted for by the
fact that money is coming out OF
the banks and finding its way into
business, which it would not be
doing if Bryan had been elected
president. Since September of last
year loans and discounts have In
creased nearly 81, 600. 900. They
are now higher than at any time
for nearly six years. Colonel
Bryan may pirate about the poverty
of our people, but for what do his
idle stories and frivolous allega-
tions count against fact and fig
ures1
These bank figures have value
In that they prove beyond bubble
that the Pacific Northwest is pros
porous. We have an abundance
OF money, and it is gratifying 10
note, as indicated by the increase
in loans and discounts, that it is
coming out of the banks and find.
ing its way into business. The
demand Tor money has beeu very
active for the past six months, and
it is natural and healthy condi.
tion that deposits should decrease
and loans and discounts increase tc
meet it. Three years ago the man
who could get along with a credi,
of $1,000 at his bank now ne, d.
between $Io, 900 and $4,000
What has created this increased de,
mand for money! Increased bust
ness. Our banks are OVERLOOKING
with money available for legi,imat,
business. Only legitimate need.
are supplied, for the banks learned
in the free silver panic the whole
some lesson that initiation is bat
policy. Never in the Northwest
have business conditions been mort
stable than now. Never has on,
financial position been so strong.
Col. Bryan is paid to preach free
silver to the people of the United
States. 1t is part OF his daily dut,
to rave and storm that there can be
no genuine prosperity without II
tot. He deals in generalities ant
ignores facts. All of which zoe:
to prove, as the historian Fiskt
has aptly said, that ''it takes mer
a weary while to learn the wicked
ness of anything that puts gold in
their purses. - Oregonian.
Danger Ahead.