Show THE REAL TROUBLE out of an editorial in the new york evening post we copy capy the following to somo some mindl it Is FL a perplexing factor that the money mai maikel act should be th tight h W tho the rates on loans excessive anti anil the bank reserves contracted in the lace face ot of a redundant currency but this Is no novel phenomenon in july ot of iwa there was in ge fie finneral eral circulation by the ilia a statement more of 0 our cur bency than in tile tho year at in that mont of IM it was almost impossible to borrow money at any price find and ilia iho bank reserves throughout the country were nearly at tile level of 0 suspension tho the cause of that phenomenon as every I 1 on ono a 1 amare was adame ial part panic cas 1 I lobs oven oi 7 confidence fi the shattering ot of credit it J Is as well understood as any other fact that tho the panic of 1833 1893 was caused by those very money kings ot of the tha eastern cities they were determined that there should be new dew issues of bonds to mako make perpetual national banks when there was no espe especial tat C trouble in the country all at once tha he word vord went out from new york city first heralded through the press that tho the european nations which held our securities tearful fearful that a continued purchase of silver would very soon bring brine us to a silver basis had begun to unload american securities that was vas a gilck of those same moneyed oien they know the securities ti CA unloaded were simply railroad bonds and stocks german experts had reported after examination were sold under false pretenses by those same new yolk men to foreigners and that the ilia roads never could meet current expenses to ray pay dividends instead ot or giving the right reason the bankers declared it was waa title due to the purchase of 0 sliver silver and they started that panic on purpose to give the president ident an excuse for callins calling a special session of 0 congress have the sherman law jam smashed and lay tho the way lay tor for tho the issuing of more bonds tile the thins thing ran on until tho the depositors themselves became frightened and beean bean 9 an to draw out their deposits and then tho the clamor had to cease and it was as all the now new york banks themselves could do by endorsing for each other to keep front from universal bankruptcy ru atcy tho the post declares that the prest D t trouble Is due to the presidents venezuela message we believe the post knows that tho the bankers ar are not yet satisfied that they want more bonds that they are determined that the government shall be put to at straits ral is until it borrows more and retires the greenbacks green backs gh giving ing to tho the national banks the power which they have long lone determined to possess to absolute absolutely lir control the money of tills country now the truth Is 1 that oil all this shipping away of sold gold all tills this congestion all ail tills this trouble has its iia primary cause in the wait ire which has haa bac been a mado upon silver had silver not been de wo we should havo have been out of debt mid and should have been so much the richest nation mation of the world that our great trouble would have been not to get eel gold but to reduce our tariff until no more revenues would have been needed just enough to pay government expenses with all the people rous the present tart ft it if the people behind it had any money would be ample riot not only to meet government expenses but to have a surplus of 0 annually beside that Is it tor for our products w which bach we are selling now for or CO 10 c cents n ta on t the he dollar we could get full price ce in the first place the balance of 0 trado trade would bo be tremendously in our favor in the iho second place the people would have money enough to bo be able to buy luxuries from abroad and the th tariff on of I 1 theao ill age luxuries would run the government or ern r m ment e tit we do not know what moro more experiments may bo be tried the 9 glo blo Is a very desperate ono to utterly kill silver and at al iho be same time to keep the business of 0 the country going it looks as though it would all tall fail of course the longer the day of honest settlement and restitution shall be put off the harder it will be to have justice done but that dear school called experience peri ence teaches its losson lesson after IL a while and the time it v III come this year or next or some time before very long lone when it will be realized that the of silver worked a hardship on this country so far ar ats A losses leases are concerned more terrible than would a war and that there never can be any permanent relief relict until the awful wrong shall be righted |