Show GOLD STANDARD ARROGANCE At a bankers banquet last week in Now York the usual speeches were delivered de-livered of course The tone of those speeches always In patronizing and tho effort Is not so much to prove that what bankers have done is right and always in the Interest of the people that and free government but to show any other course would have been ruinous and cursed with dishonor At this last meeting Mr St Clair McKel edlt of the Brooklyn Eagle responded way edltpr Blooltyn toast The Press of sponded tov the toaJl Gold < and the Banker He Is an Intense In-tense goldjte an oldlime goldlte and his idea is that only to bin school have honest men belonged In the punt and that only such should be recognized In the future ill nof In wisdom His spdecji Is no profound I C of dom it does not compare with much his editorial writing We think that the gold standard Is firmly enough established es-tablished in this country but It did not come about through the superior wisdom integrity or patriotism of its demonetization of silver advocates The demonetzaton si crime monstrous was a ver Vel grlglnally I and It carried in Its wake nlore sorrow than would a great war There was 710 occasion for 1 there was every I reason why It should not be It was born simply through the avarice and wickedness of certain of the capital I class and their purpose was to perpet of the uate debts and make the burden very poor and the small property holders hold-ers heavier The cry of a 50cent dollar was as Insolent because the men dishonest solent as becuse 1 who raised that cry werethe men who 1 depreciation the by sinister legislation caused predation and did it too when the nation was staggering under a mighty war debt and was paying on public debts alone 160OQOOQO per annum In interest For years thereafter there was not a that Republic in the man or newspaper Rcpublc lcwspapcr dared to publicly advocate the gpld standard Things have changed but It has not been as first planned by the sinister sin-ister gang that originally brought the great loss to the country In 1S07 It was found that the worlds harvests outside of our country were failures I had to come to us for food At the same time It was found that in certain lines of manufactures our country had reached a stage which the world could not compete with and had to come to us The result was that In that single year our country of tho drew from the gathered wealth outside world more profits than had been realized In all the years com bined since the Republic was launched dna started on Its voyage That was repeated In 1898 again In 1809 and more than equaled in this yearIn consequence conse-quence our country has since the election elec-tion of 1896 drawn a balance of more than 2000 millions of dollars to Itself from the distressed nations of the 1 dlsLcssd earth Again there began In J89G a mighty Increase In the output of gold from the mines until it amounts to more than did the gold and silver yield combined six years ago Now none of these results were dreamed of by the dlwhoncst few who demonetized silver and who kept It from being rcmonetlrcd Tho change came without their anticipation or I their work and when they claim that the change was due to the gold stand ard they tlirow themselves open to the charge of iank dishonesty or discouraging discour-aging Ignorance i But now what They arecounting ont great country In the Philippines I nnd a great trade with China aivl with It the domination of the commerce of the Pacific What I are they going to trade in The people l or those countries coun-tries In their cal transactions cannot can-not usc gold In China whore one fourth of the people of the earth arJ gathered then < j Is no money for the people but conjcr Just now too the nation arc levying a mighty Indemnity Indem-nity for tjiat bankrupt empire to pay l If Russia or England steps In and pays It and thereby filoy a lien on ChinuK future products where will the great American trade come In Would it not be better for the United States tp make an adjustment to loan to China the amount of the Indemnity In-demnity and enough silver with which 1 to start in business In that way China I will absorb our silver and in that much relieve the Increasing volume of I gold I is i worth thinking about for so sure as the world an gold Is pouring pour-ing in It will not be ten years until there will be a cry to limit gold coinage coin-age because Interest collected In gold Is losing so much of Its purchasing power I |