Show r 1 A DANGEROUS ADVISER Secretary Ex-Secretary r r of the Treasury Lyman J. J Ga Gage e hll hus husa a ac a remedy for the present financial It H is printed in the New Kew Y York olk Herald Y We do not care calC to fo review fit t for fol the reason that we C have no faith in ill an any proposition made by Mr 11 Gage C and we might do o him Kiln himan an injustice But in the opening paragraph of hi leis his article he hc sa says S 'S Our Om banking g mid and currency system is inadequate to meet the occasions which have Arisen and ma may in future appear known an and recognized u as financial panics lu Ju 1873 in 1893 in 1800 1896 and 1 now again in 1907 the destructive unreasonable fear feat were visited upon us In ordered drawn in so much of the thc only mone money that the people I had bad had for ten years that debtors could not extricate extricate extricate cate themselves No lo wonder there was g great grent fl fear nl In 1893 the interest gatherers in four foul gre great t cities set aho about t to frighten the people on Oli on a false alse cr cry and thc they succeeded Those interest gatherers including Mr Ir Gage Gaga were determined to destroy half the basic basie I monc money in the thc world worl and they succeeded The trouble in is 1896 was waR but n a post obit of o of the crash of or 1893 lu In 1897 when the arrangement arrangement- for the thc international ional of silver was almost completed in the thc interest of those same interest gatherers Mr Ir Gage defeated the scheme and caused negotiations to be broken off So we may mar conclude that any proposition tion n of his to protect the country against future panics panics pan pan- ics will be llon lines Jines altogether favorable fa to national national na na- banks and interest gatherers and hence the instinct of honest men will be to distrust any proposition proposition that he may make |