Show t CHICKENS CODING HOME TO ROOST 1 V A 4 Bradstreets Bradstreet's discusses the shipments of gold to 1 Argentina It explains exp ains that A Argentina gentina has had a geat great geat deal deal of use for money because the wheat crop is light t and the country is doing much railroad rail rail- rC road d b building It seems that it isn't the republic lic itself that is obtaining this money but the states and Bradstreets Bradstreet's quotes the London which says Its a ma matter te for regret r gre that when the Argentine Argen- Argen tine federal federa government took tool over the debts of the provinces it did not make it a a condition that the provinces should not in the future borrow without its HR per permission It observes that everyone whose e memory goes back to the late SOs and early OOs Os Oswill will remember how recklessly the Argentine provinces provinces inces rt rushed shed into debt how bow their conduct condu t aggra aggra- J. J 1 the recklessness of the f federal deral government and how the t e. e crisis of 1890 was made worse than have hav been by the extravagances of the it might provinces did In Iii passing we wc may say that Argentina what the United States did when it framed the federal federal federal fed fed- eral constitution and took upon itself the debts of f f the states And we presume the same ame conditions existed in Argentina that would have existed here had the the federal government tried to get an agreement agreement agreement agree agree- ment from the states that hereafter they would never run into debt except by permission peri of the federal government It would havo hava broken up the has I whole business and the evidently forgotten some of the conditions that prevailed when the crash came in 1890 in Argentina Arg ntina That country was doing splendidly and and it did what every country docs does when it is booming it ran into debt d bt and and mortgaged its landed property for ity Then after the of 01 silver by the United States State and Germany and antl the great fall faU in inthe inthe inthe the value f silver began it affe affected ted Argentina just the same as it did clid all the rest of the world Values began to shrink and first f 1 st the th people could not lot pay the interest later they had to give give up up t their property for the principal and still they were in debt And now had silver been let alone Argen Argentina Argentina tina ina would not be importing gold silver would be bemore bemore more acceptable because except in the great cities cities cit cit- cit cit- ies cs the transactions among the people or Argentina Argentina Argen Argen- tina ina are all very small and can be measured better betterin in n silver than In in gold gohl It would have been vastly better etter for the world in ill 1873 to have demonetized gold old than silver because silver is the money of the poor man and when its value was destroyed by legislation it disarranged the genc general al business of every very nation on earth Well We'll never get the finances o of this country on a level basi until the tile 1 1 president resident and an congress invite the nations of the theold theold old ld world and the new t th hi t iii i a conference and andon andon on some terms rehabilitate silver an and make it again primary mone money |