The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1900-10-02
THE PERIL FROM BRYAN.

4 50 A4NNlN NNANhN- AfNAiANNAoNs
Senator Allison is another Of the
country's leading citizens who sounds
the alarm regarding the disaster which
Bryan's election would bring to the
United States. The Iowa statesman
shows that drift Of partisan senti-
ment which would elect Bryan would
be sure to carry with it Bryanlts
Rouse, and would reduce the honest
money majority in the senate to small
figures, and perhaps sweep II away
entirely. This Judgment Is so reason
able that everybody win be impressed
by It. In almost every instance the
house Of representatives agrees in poll
ltics with the president who Is elected
at the same time. Generally the party
which wins president and house makes
gain in the senate. The fact that
Cleveland made free silver senate,
in 1858, repeal the silver purchase
clause of the act OF 1890 shows the
power that president can WELD by the
use Of the patronage OF his office.
Howling free coiners like Voorhees, were
made gold standard men for the
time by the adroit use of the federal
Offices by Cleveland.
There is more immediate peril in
the Bryan candidacy, however. than
Senator Allison or any of the other
honest money speakers hints at. Bry-
ans eleetion would. OF course, bring the
silver standard through the repeal Of
the gold act Of March Il. 1900. and this.
as every one can see, would preclp'-
tate a panic which would be as much
worse than that OF 1898 as the panic
Of 1887 was more disastrous than the
financial furry Of 1929. But the panic
would not wait for Bryan's sse mon
ey congress to get to work. 1t would
begin long before Bryan was inau-
guated. II would start on the morn
ing of November 7. or the first moment
that the result Of the election was made
known to the country. Everybody. or
nearly everybody. in the United States
who had any money in the banks
would, on the morning after Bryan's
election was made known. go to get
his money out and to put it in safe
deposit vaults, in holes in the ground
or in other boards where it would have
a chance to escape the crash that the
free silver party's success would preci-
pitate. Everybody who had any note
demanding gold would prepare TO pre-
sent 1t at the treasury for redemption.
so as TO make sure Of getting 1OOc dol
lars while they could be had. Enter
prises which are already held up on the
fear that Bryan may carry the country
would be declared off" mills would
curtail the number Of their employees
and many Of them would close, and the
country would have a repetition Of the
Democratic times which it remembers
in 1887, except that the disaster now
would be worse than it was then.
Here is a feature Of the Bryanite
menace which the stump orators ought
to put before the country. The trl-
umph Of Bryan would bring Bryanite
times Immediately. and would not wait
till his Inauguration, four months lat
er. There would be no respite. The
consequences Of Organism would begin
10 be experienced the moment that the
triumph Of Bryan was learned. The
country could not escape even until
March the consequences Of it's folly
In putting Bryan in the presidency II
It should be guilty Of that enormlty.
Thoughtful persons Of all parties are
in no sort Of doubt about this matter.
II Altgeld, Jones. Stone and the rest
OF the Bryanite wreckers had at this
moment any idea that Bryan would
really carry the country they would
start. without a moments delay. to
sell out all their real estate and per-
sonal property, put the proceeds into
gold, and lock the gold up. There
would not be the slightest delay on
this point. These particular tricksters
may tell their dupes that Bryan's cleo
tion would cause no serious disturbance
to the country, or intimate that the dis
turbance would end soon, but they
would not take any chances on this
themselves. They would run no risks
Of having their holdings Of property or
cash cut down to the 45c dollar basis.
and would put it into 1OOc dollars which
would keep the 1OOc value. that is, into
gold. Bryan would not be willing to
take himself the medicine which he