Show The Master Stroke 4 Editor Park Record TIlE THE MASTER MASTEn STROKE of ot Roosevelt when he hc took American got goh and put It lt Where It of right belonge and placed on U f gold ld n a valuation Cation mot mon nearly in accordance 1 wIth world de mand is 19 now being proven It took daring l leadership to fix i r value alue of ot per ounce on gold cold an anc buy and sell it openly In the toe market r of fth the world France had accumulated accumulate discounted a i huge n supply of gold eold eo bought with s J paper franc reduced to foul fou to 10 six cents where former par was 19 19 a cents old standard American money and France has long resisted going oft off this old standard though in reality It i t has regulated trade through exchange Change adaptation France has been the gold gold- bloc strong hold and has greatly profit profit- profited ed reaping the advance ance in gold value while trying desperately to break down dow the tho Power DOWer Of nf e C t i- i n ti V up the 35 00 price Now France has lost most of its ls gold power and will have ha to o buy It back b ck at the high mark and lose ose the profit once made when least able to do it It and under compulsion for currency protection All the other na na- na nations clinging to the gold standard have fallen with France gone off the gold standard and placed an embargo on gold export In the for tor prospect International currency cur- cur currency rency stabilization will be found a basis for or trade economy for the peace and prosperity of nations provided an agree agree- agreement agreement agreement ment of currency ncy ratio can be establish establish- ed cd d. d Without doubt they the nations of Europe will have ha to meet the United d States gold price level to which they are re all approaching by a process called devaluation evaluation and to which Italy has now ow come down to While it Is called going off orr the gold standard In reality It Is but a a. new gold currency base with let us hope the addition of silver The distinctive change Is that govern govern- governments governments governments ments hold th the gold of the nation as a basis of money metal credit behind their Issue of currency This new gOld god Value base Is t Mt ed on the world demand for gold which Is the true basis of all value Gold is brought Into comparison more nearly with the price Index of all commodities and with human effort In production But the great factor of International I I I and reconstruction is In the destruction of a world curse the private privat e gold holding Interest the United States State s branch of ot which Is now making another death struggle effort through the Re Re- Republican Republican Republican publican party to re establish the old I gold standard bondage Landon their presidential candidate has openly pledged ed himself to the loving gold but Is talking about everything else so far The gold bloc power behind b Landon Is relying on arousing a wild fever of ot partisan prejudice and turning lose the political barkers all over the country to the real Issue From actual Inquiry I find that most of the Republican supporters are en en- entirely entirely Innocent of any conception of the I en-I purpose of ol the gold standard bloc Republican Re Re- Republican publican mining men are being fed a seething syrup of trust trost the Republican I party While they are e being pushed over the abyss that spells the destruction of their mining Interests I I Add to this the tle folly of trying to elect a president nl that can not control j I congress con which at best can but add confusion at a critical time In the af- af affairs affair affair i I I fair fairs of the nation and when all a acknowledge knowledge prosperity Is rapidly com com- ing 1 i I expect the Republican R party to make mak I a 1 supreme effort to restore Its demoralized demoralized organization especially In state tate I elections but Taut they will have hare only regret I If 1 they do succeed In electing ele Landon The Literary Li Digest st Is their one great I Inspiration and It Is quite possible that so called infallible prophet is either I I partisan or paid for lor It Is admittedly pushing out the rural vote first to give gl I the Republican candidates can a sport spurt send elf eft and leaving most of the town and I city veto T te until later City and town contain con con- conj contain j I tain 75 per cent cT tf the voters I Teke the State of or New N w York for tor In Instance In- In instance stance the Digest vote shows that Lan Lan- Landon Lan Lan-I Landon don has nearly three e times the vote of Roosevelt whIch is absurd Would Voul the I I I Literary Digest firm risk a bet of big money that Landon will carry New York state by two to one Would it bet even een i money that the state will be bf carried by London don The DIge t knows this Is not I true as to the total vote that It Is ts Im- Im Impossible Impossible Impossible possible that Landon could coulS carry New Flew NewYork York by any considerable i lerable majority If 1 i 1 I at all H O No I 1 York fork for taut but does dS show It safe i ifor Ifor I for Roosevelt This Tills false Impulse given by the Digest win lose many foolish their ironey in m bets The Tho total Tote rote of the Digest will doubtless be very different In spite tt all the df so- so I called experts exp anti ant all the guards black bla guards k-guards and noise matters und anthe fellows the fellows that I fairly chew their own tongues with bit bIt- bitter bitter ter venom and find foaming at the mouth lt Is Roosevelt the election of ol D TX certain Sincerely CHAS E. E STREET Salt Lake City Utah October U 60 6 |