Show A low rate rat of f In we are what reply would you make to a man who says that money loans for lower interest today to day than ever before does it loan for 4 per cent in england the answer would be that it la Is not true except at financial centers where money is congested and that fact Is conclusive evidence that the aggregate supply Is too small when the volume of money is insufficient for the requirements of trade prices always decline with a decline of prices profits of productive enterprise either diminish or entirely disappear then money la is withdrawn withdraw w U from uch such enterprises and floats to tho the great cities where it seeks permanent investments at low rates men having money would rather lend it on tilt gilt edged security at 3 or 4 per cent than to invest it in the operations dons of a factor a mine or a farmon farm on a falling market in short he will loan it at a low interest rate where there is no chance of losing it when he will not sell t at all that is he will not buy anything with hla his money he will hold it tor for the small interest he gets and the rise in value of the principal which lg Is returned to him plenty of money iz ia loaned in england at 4 per cent or lags ism tor for the reason given A Pro valse to pay lo ID gold still another question it if tree free silver triumphs would a man lose aily anything thing if he borrows today and agrees to pay two years frow date in gold certainly not he could get I 1 the he gold far more easily than he can now this matter was quite fully explained in na no 0 29 19 the adopt adoption iou of free coinage by the united states would mane make gold goia cheaper its exchange value would be less it would take a smaller qu quantity antty of other things to procure a gold dollar this would be true whether gold and silver remained at a parity or ant n it at the present time our entire demand for coinage is concentrated upon gold if the whole or any portion of that hat 1 demand is withdrawn gold must of necessity get cheaper even though it should all retla from circulation leaving us nothing but silver and paper as currency this would still be true indeed it wa w stopped using gold altogether it would make it cheaper than it if we only partly stopped |