Show THE MISGUIDED tho the portland Ore oregonians oregonian gonian persists in using ing cheda as causes it nodes that besides the more than surplus in the united stats states treasury there Is surplus tit in the banks 0 oc f new yolk city which ber somers with ith sound sc se cuilty cannot be found for even at 2 per cent front from fill tills 4 it 11 reasons that the charge that there Is not money enough in the alio auntry ou is a fallacy that there i testily pally Is too much and that because of mach kuch a huper aper 7 st abundance bun dance ot of substitutes tor for money rl real at money liae has been ile flowing ing out ot of the country for or the past six years the Ore oregonians oregonian Oreg gonian onlan has a building which c cost ai S we do not know how low much but probably it Is in the lite virgest C ity city north of sark san rian cisco it Is tile the commercial capital of the state of 0 oregon which great state la Is not yet halt bait utilized it Is so situated that as a gentleman expressed it several ago afro if you loosen the brakes on 0 a car anywhere in the interior for fop several hundred miles it will I 1 lull UZI ot of its own accord into portland by its location it Is 19 always bound to be the trade center for or a region tit talce ice as large as aa the united kingdom now to test teat tho the truth ot of the theory ol of the Ore oregonians oregonian Oreg gonian onlan we kill suppose that the owners were sent to new york to obtain a loan on their magnificent building not at 1 but say 6 per cent how much could they borrow we entzie to say bay not 30 per cent ot of its cost the question Is hf especially it if there Is 19 such a surplus ot of money why the answer Is 11 manifest that structure lias has been falling failing in value ever sance the day that it was completed and Is still falling what is hue of 0 that Is true of the great bulk ot of nil all the productive prop city of tills this coast and of 0 tho the nation what then Is meant by sound security cu rity why it means Covern government ment bonds bonda state bonds tit this bonds of oc some cities tile the fancy stocks like NN estein union soul something ething that lias has an absolute monopoly or something behind it which aich a a whole city or state or tile the nation Is mortgaged to pay the ordinary property odthe of the country that which production must work with and on is not sound security because it Is worth less than it was a year ago 50 per cent less than it was fifteen years ago and money lying idle in ft a safe bate deposit Is liable to have 5 per cent more pur chus ing power poster a year hence when measured by any of these boinis tit of property than it now has that does nut prove that there Is too much money rather it Is the absolute proof that the volume of standard money in tho the country Is ho small that the result Is steadily tailing falling alices pi ices of 0 all forms of property and the hie men who have money dare not loan it upon any form of ordinary property tho the remedy Is to stop the decline ot of propel ty values ani and to let those values begin again to creep up when that time cornea comes there will mill bo be no mole moie money offered at 2 per cent rather there will be a rush to invest and improve imalove property and there will be no more depression how can that be done there is just one way may increase the volume of Idan dard money ilow how can that be d done ne in just one end way wipe out the law of and put allver onic once mole on oil u pel feet equality gold eold that will mill brins bring relief there it it no other way and we that the oregonians oregonian Ore gonian will admit that truth within tile the next two tto years |