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Show MORE MONEY WANTED. We wish that one of our senators or our representative repre-sentative would spring a little sensation on congress con-gress some morning by proposing that the present $346,000,000 in greenbacks which are in circulation should be increased to $1,000,000,000. That ia what the eountry needs; the business of the eountry his expanded so much faster than the money in the last '" fifteen years that it is difflcuirfarmen locarry on their business, having no circulating medium sufficient suffi-cient for tbe purpose. If this eountry was good for $.146,000,000 forty years ago and it aeema it was for the $346,000,000 has done mora work than all the rest of the money that the country haa accumulated accu-mulated if it waa good when the total assessed valuation of all tha property in the country was but about some $30,000,000,000, $1,000,000,000 ' oannot be too much, because the total assessed valuation val-uation has increased about 500 per eent since then. Such an issue would be a vast convenience to the people and it would not hurt the banks, for with that amount of money put out a thousand enterprises enter-prises would start,' a thousand enterprises that are now lagging for want of funds, would assume immediate im-mediate life and the increase in the amount of money borrowed would keep the banks doing a better business than they are doing now. The people peo-ple need that reinforcement of the circulating medium of the eountry, because it ia true that a depression de-pression is on every state. It is likewise true that money baa ceased to ba a measureof value, a proof - of which is, that men cannot when forced to unload their property obtain any auch flgure aa it cost . ' them except in favored places. . We wish the gov. emment, by which we mean congress and the president, pres-ident, would stop and eonsider that business was better in tha great war when the greenback even had fsllea 60 per eent in value. . There was more business dona, mora money made than ever before, and while we do not wish any auch increase in the circulating medium as waa made then, an increase of tha present greenbacks from $346,000,000 to $1,000,000,000 would not be extravagant, and ita effect ef-fect on business would be immediate. Then it would besides be a protection against panics, because it would diffuse through the eountry ao much money . that if a panie were to come in the east, the legitimate legiti-mate business of the west would go on aa usual. Away back fn 1857 a panic struck this eountry which demoralised business in every aection of the east, but in those daya California and Oregon were immune, it waa a twenty-eight day voyage to reach ' California from the eastern states by the shortest " route, ao the panie in the east did not affect the west. But in 1907 when tha overgambling of thoae giants in New Tork brought on the panic, it hurt to tbe extreraeties of the republic the next day, and closed banks from aea to sea. Had there been $700,000,000 greenbacks in circulation the west would not have felt that panic. Aa it ia, as the finances of th eountry art arranged and aa they ar liabla to b for tha next few years, the failure t on erop would so prostrate business of this vuutry for three years, that the business of the country would be in a state of coma, and It would fee- doubtful in thousands of minda whether it eould aver be restored to a normal condition. That hould not be ao. Aa wt aea no hope of the reporting report-ing snd adoption of the Aldrieh plan, why not to tida over th present depression issue those promises prom-ises to pay t They are good aa gold i they are better bet-ter than gold is by itself, beeause behind their solvency sol-vency stands tha faith of all the property in all the states, and just now the fact ia clear that for want '. of sufficient money on which to do business, the whole great nation haa been placed under a depression, de-pression, and that depression has filled the hearts of business men with doubt, which should b dissipated, dissi-pated, because under the present tension a panic ia liable to start anywhere any day. which would . cause the property in this eountry to depreciate mors in a night than the extra greenbacks could pay for in a year. |