The semi-weekly messenger., 1908-02-07

dered by bru =. Coler-Today
/ VIII Make Speeches In jersey City,
Passaic and Newark.
New York, n Y, February g.
William Jennings Bryan's stay I'm
| New York today was n strenuous one.
| After a morning interview with the
newspaper men he hurried TO Brook
| lyn. where he was rendered a recep-
| ton by Bird Coler. president OF 1he
| Borough, and made a speech in which
he declared the democratic party
presented a united front and was
now in position TO fight the divided
enemy: then he made long trip to
/ Harlem where he addressed n meet
! ing Of the Young Mems Hebrew AS
| sociation. Tonight he was the prin-
cipal speaker and guest at the din
ner of the Economic Club at the Ho-
tel Astor.
His itinerary tomorrow includes a
| meeting and reception in jersey City
| after which he will speak in Passaic.
ne will speak in Newark at night.
Six hundred auditors gave Mr..
| Bryan an enthusiastic welcome at
the meeting of the Young Mems He
| brew Association, where he lauded
the racial achievements Of the He
! brews. Mr.. Bryan said:
Il am not complimenting you
when / say that history affords us no
| higher type of men than the He
brews, both for their influence upon
human destiny and upon the thought
of the world. Go where you will
you will find that the Hebrew has
won the highest distinction in all that
/ ,yfv,
terprise. In the business of bank
ing he is pre-eminent above every
other race. | think there is less OF
pauperism, less of crime among He
brews. | think 1t can be sad deserv-
edly of that race you represent. that
the highest walks. intellectual and
political your people have proven
ther capacity"
In the course of an interview this
morning Mr.. Bryan was asked wheth-
er his speech at Carnegie Hall last
night was intended to include an in
| timation that free coinage OF silver
was still a public issue. Mr.. Bryan
! replied:
| NO; free silver is not an issue.
| What | said last night had no con
nection with the silver question. |
| simply referred To IL TO show the
| change that had taken place in the
arguments that are being made at
! the present. The silver question
was an issue in 1896 because prices
were falling and there was no other
relief in sight. Since gold produc-
! tion has materially increased prices
/ are rising-or were until the recent
panic-and will again. as soon az
normal conditions are restored. The
silver question, therefore. will not
| be an issue"
! Mr. Bryan spoke on currency needs
at the diner of the Economic club
tonight which was attended by over
seven hundred diners including many
New York bankers. Nr. Bryan declar-
ed that there was no need TO extend
the note issue Of the banks as an
emergency currency. Mr. Bryan said.
IF | were discussing the Aldrich bill
would criticise a number or It's pro
visions. and II / were discussing the
Fowler bill ! would dissent with It's
provisions, but the poin: 1 desire To
make is this: That we do not need
TO extend the note issue OF the banks.
The government can meet the need
simply and quickly. and 1 believe pro-
vision should be made for the issue
by the government Of the United
States notes like our greenbacks. In
form and redemption. and these United
States notes should be loaned by the
government upon sufficient securities
and at 2 rate of interest which will
compel the retirement OF the notes
when the emergency is over.
Il am opposed To any increase In
the banks control over the currency
OF the nation. II those who desire an
elastic currency are willing TO have
the elasticity controlled by the gov
ernment and the notes issued by the
government. there will be no difficulty
in agreeing about security.
Let the right or the government to
issue be granted and then we can east
, ly agree upon security and II might
be well to combine several Of the sag
sestions that have been made"
|