Show WHEAT AND bimetallism william J bryan has a long article on the rise in wheat and its relation to bimetallism in a recent number of the new york world it is interesting iea leading ding no matter whether zhe the reader agrees with the conclusions drawn or not mr bryan has a trenchant way of presenting his thoughts and the article in question is fully abreast of the best of his productions the subject is opened with the statement that the rise in wheat will aid rather than injure the cause of bimetallism he shows that while some few may be disposed to give the administration credit or blame whichever it may happen to be for whatever occurs during its existence all intelligent people reason from cause to effect he then proceeds to show that wheat has risen because the foreign crop is short the law of supply and demand being universal and extending to every commodity he refers to the claim made by a nebraska opponent that the advance in wheat being about equal to the dingley tariff on that staple it followed that one was the cause of the other and pronounces it an insult to the intelligence of the average republican to suppose him capable of cherishing such a delusion an assertion which is clinched by showing that wheat is higher in liverpool as it nearly always is than in new york and a tariff could thereby have no possible effect upon the prices here in a similar way he goes on to show that if the party in power desire credit for the high price of wheat they must take upon themselves the responsibility for the indian famine and he insists that rejoicing over the rise ris in the cereal is significant in that while admitting such rise to be beneficial the arguments made by the gold people last year are answered and those who then opposed bimetallism plant themselves squarely on the ground which its advocates occupied he also scores rather neatly in pointing out that while it was claimed that an appreciating dollar was a national blessing those who so claimed are now rejoicing because the purchasing power of the dollar hns hag been somewhat curtailed that whereas last year the wage earners were advised that an increase in the price of commodities would be detrimental to them they are now confronted with the spectacle of those who so advised rejoicing over the advanced price of the great staple of flour they praise a dear dollar but grow happy over the cheapening of the dollar in its relation to a few articles 11 it is argued that th the price of wheat will fall when foreign I 1 crops again become normal and that those theose papers and people that today are so loudly calling attention to the advanced price of wheat are aimi NY ily ly laying up for themselves additional dit ional trouble As relates to the vast additional sums of money being ral calved for the wheat crop the writer says in substance that if we hea haft enough money an increase would be bb an injury but if an increase be justifiably the cause for so much rejoicing is it not manifestly the case that we did not have enough the plea throughout is ingenious and not without logic yet there be some holding altogether different views froza mr bryan on the coinage question who will feel able to turn his own weapon against himself by asking hint bim how it is that silver three weeks ago was eight cents lower than now unless he admits that with the white metal aa a with wheat a scarcity or famine somewhere else has made the local market that much more active wheat and silver both advancing hand in hand to Is a most pleasing spectacle but thlu sight and the causes that make tt it possible are hardly susceptible of one sided political use |