Show A WHAT HRYAX COULD NOT SEE An excellent illustration of the false representation which is the chief stock in debate of the gold monometallists Is the following extract from an editorial In the local organ of Wall street Bryan cannot see that proximity to a Bilver standard nearly denuded the country coun-try of capital and brought commerce to a standstill in 193 and 1SU4 Bryan cannot see this nor can any one else who knows anything about tho bankers panic of 03 and Jt Tho coin to do with age of silver had nothing that scare except in so far as the persistent and illegal adherence of the administration sistent 9 ministration to gf ea fJe standard made every dollar of silver outstanding and every ounce of bullion bought by the treasury an obligation against the governments gov-ernments stock of gold It was this devotion to the gold standard stand-ard by which the money system of the government was turned into an Inverted pyramid with the apex resting on the reserve which enabled the gold ring gold and force to create a scare corner gold the into such straits that millions government were squeezed out of it on bond deals It was gold monometallism not an approach brought to silver coinage which commerce proach to a standstill in 1893 and 1S94 St Louis PostDispatch |