Show THE E WORLDS BUSINESS in the rh i mr 1 I 1 r S SAM A 1 ic tf arr r ION 1 an t M 1 I T P lii discusses cunys the situation in england lie ile gics his hl experience as gat ned in fen fat L li four lears bears of 01 hard work in tho the financial inanc fal a olid iid ua ile thinks that ilia ilia very perfection of oc tho the cicmil und find hanking banking system of england makes i danger threatens threaten OW country tou the develop or tile lIn glish clebit sy systole stoll Is a parallel lit in any ally other oilier financial coil ter I 1 lit if tho the N bild of id lint ho sas the life financial kopos atory of tile the money of tho the world arid bag no re reserves erve worthy of the name hundreds lot at 0 millions of credit test on oil the lio small email final reserve of tho the hank bank of england like an finer inverted ted pyramid a great superstructure balanced on oil inadequate support and chri three remedies bo be proposes ate aio as follows follow first A desei ve I 1 imposed by logical log isal ion on banks and bankers bankc rf varying viL butth amount of their dep depoles illch un an ho be withdrawn on bouland of 01 ut or very stort short DO lice the law to aply apply to thi the reson redore e of tile ilio back or r ot of bankerd rc raees I 1 second 0 i d tt that tle back of 0 england should cil sor rest restrict r e t its inesti investments to 10 go govoro mant securities and colon arc bills I 1 or alil nv hiell latter some hills nil gli b bo b to abroad this would not dot preclude prec ludo the boalt from ion d ing 0 on u r securities us hitherto third thal tile bunk bank liu fie empo empowered end required to lue huo LI i notes u ader precisely the iho regulations its obtain A alth till regard 10 abo existing nolo namely ubbo 1110 cold aith fale F ale an proportion against allor or indica ios tu to us its thai tho ilia cicat financier is alain fed tor for tile ilia of london as a the a ton coil ter the remedies lie ho proposes ate aio to alio up more and more reserves ris orres to to ic strict business to issue tt jd notes based on got gold and lit in like proportion on oil silver ile iio Is talking as tho the hanker banker lie ho is 1 talk jig ill simply tile the low of u pi inn ing tho the han hau kuis llois hut but ichi ii if liu draws it in those these rc re seres und and piles them thein up fit andi and when mothr baureis of tho the world f follow 0 11 n his example ci ample where Is the nicida nic iia th thai 1 the people olo me going 19 do business on oil a point 19 does nol dIScuS 4 ho dc describes ribes llin situation alm ilm ilioiu in if ai I a krpal 1 I 1 of credit doting rc lang on oil a loii oling in polut loial I 1 ll 11 L Is so the v 61 N with no perceptible to ilia cold coin of ilia world ahat 1 Is no ito a prible addition v hen ben ilar ill I 1 nu out anione tho ilie nations and with bul bu l ins s it in such rail as it net acier did inform lit in th llin world tile bos till blinker banker can do Is to recommend mond that tile alio baal ns just ai a much lucli money froin circulation as can call bo be obtained to lo nold III to thor their rese and lot tho people take laho caro or of alwo its a ila leaie a often blaloc tile chancellor chancel cel ter of I 1 it it E eliell ncr of G real airl lai if a year and a half balf ao ao 0 declared that except that for a little loan obtained oh al m train from franco and another from Ill ansia SiR na liell tile ilia HARING BIOS liboa failed fa ilert tho the bank of england ifould hao rono gone to the wall would havo have been forced tj ta rupend specie pa and that thai ill thi center of tho the financial no ld laio bao been moved from london and still one stales statesmen r lead food eal hilt and they must seo sea th glo going on to drain life gold of the ald to london to choso lo seres and andi still they havo have the audacity to tell their it if they daro dare to recognize silver tile ho result hlll ill be that the gold of ilia country mill ill take lake wings and fl hi away was thorn there mer eer such lunacy lie ile fore was thero there a er sinh left cy a A the pal t of a great nation A at our nation manifests tov towards ards the money posers porters of ilia old 11 orld arid it ho are not in ill loic alith ich them and who in in vital basis they shall fit cc choir din finances ances arbnot aro not con considering sIdeling th tho c affect upon the united In iliJ states stales but life effect upon angland as ai tile tho commercial contor center where Is the manhood of abe american people only twenty coghi years aso ago they went through the experience of ballue life little gold an all liver aich v the mines of nevada ablo able to yield to save their credit and it saied life lifo of tho the nation and now flow they silver as a base metal a nelch is a troublesome tar fae tor as though it a nation over yomtob yol obtained all the good money it needed a though it bould not to do for a people to havo have too much money because it would not give the bankers and bro brokers lers and 1 1 I bondholders bond holders and interest goa pen bially half a chanco chance to make stir er of tho the nation for all time to como come |