| Show THAT LAST SALE OF BONDS the chicago chronicle tries to explain the last bond de deal al between uel bel anil and boigan on the one liand hand an and 1 secretary carlisle cai Cat lisle on oil tile tho other the syndicate was to ilia daw halt half the gold from europe and was to try to discourage cour ifie tile tho or oc gold front this country lacer I ail er the syndicate got itself released from bringing the gold from europe and the justification for 01 what was dono done la Is found in III these despicable ivores whirr organs and politician find fault with that deal tile llie people will ilo do well to licar bear lic ar lit in mind thene theeo things birst jerst Jf white the treasury waa strad liv losing at al file lo 10 average rato of nearly I arly cri no AL L month before it has lia t been steade steadily I 1 Y gaining Kal nini ev ever e r 1 alnee I nee second wh while lit koll gold w wag n 8 konik out ot of tai tar country roii before it ll 11 hns ts arit been out mice nce the has tie no conti difed exchange Rs to maka ke it II to lo export gold T thard tetiana the iho growing ot of the re servo has haa restored ed confidence ll it was not anra this deal was made that trade and industry began to lo revive they havo have revived wonderfully since because people have lave become convinced that there will be no convulsion of 0 the cho monetary system theae things are yorlli something the syndicate may have made something out 0 of tile the deal though their gains have been greatly exaggerated for party parly pur poo es luc but ali t ho country court try has haa maila made far ar more the deal d aal has haa been jonii to lo tho the country many times what it cost it might have been unnecessary it if angress Oon greas hai had lone done what the administration recommended under the circumstances it ia as necessary feces zary to do something and judging juder lne froni from ih tain results th the thing that wis was dono was the bet b e t that could be done why v was as the treasury lobing per month simply because tills ills same syndicate and other bankers were determined that the government should issue moro more bonds that they might inight draw tho the interest on oil idle capital and that there should be moro more bonds bond on oil which to perpetuate national banks to that purpose the tha metropolitan press pictured dally the distressful shrinking ot of the gold bold reserve and tho the danger of passing a gold standard we told that europe was unloading her securities upon us ua through tear fear of 0 a time in the near future when we should have no money but silver money but so poon as aa the accomplished its grand larceny steal then england and europe were no more alarmed the gold ceased to how flow away confidence came back prosperity came back at once of 0 course it if this Is it true ue then if the loan lad had only been twice sia as heavy there w would 0 uld bavo followed twice as much confidence and ana twice tho ilia prosperity think too of the tha high standard ol of a government that buys a syndicate of bankers to use their influence to prevent ve nt more sold old from being shipped away and think of 0 a newspaper depraved enough to eralso that work it says the syndicate may have made so bething out ot of the doal deal though their gains have been g greatly catly exaggerated tor for par party ty purposes that Is dimply 1 11 1 I 1 1 I 1 I 1 bonds and tile tho amount paid lit in show ex acely alint 9 t fit they ey made it K they hold all out at once mice they cl cleared earel it they hold theio thol a bonds nelll their prints up to date approximate S 15 per colt cent ork on the whole loan there l I li i nothing nn crook Ld or ol more in III til nil aliu lie fina Clat liin hilory tory of nf our alea lio thing that so clearly points tn in complicity in a steal by tho the officials of the government everybody knew the money was locked vp up in ill etring axes in 1 I t his country it was clear that had a popular loan been asked for foil it would have been to I 1 nl it par pt ar within twenty tor four couro nut but that would not do 10 it liml lial tu lu RO go through 4 certain syndicate hid and from to lad hart tn in be made for the Ie people olle to pay bacic twice over in interest and principal |
