Show SAME OLDA OLD HERESY A TTE at wild and dang dangerous rous inflation constitute constitute con- con A the entire currency record of the Democratic part party As fast as us one dangerous financial heresy hereby embraced by that party parts has been pi proven plo oven fallacious another has taken its place but all nIl have e ten tended ed towards the same end end currency currency inflation without reference to the thc stable values upon which it should bo be based Its lenders have e always openly or secretly believed in fiat fint money they have that term but its learned in ill later Inter years s to discard underlying principle appears in a now form whenever banking methods are under discussion The present currency bill is the same Democratic foolishness only I better disguised than usual Uninterrupted public publio disapproval seems to have endowed tho the donkey with more moie cleverness but no greater intelligence it has learned only to dissemble Wh When m tl the c Republican party parts sprang into being currency currency currency cur cur- rency rency was issued by state banks its values alucs fluctuated few cared to Banks were constantly failing Sailing and men keep a a. bill of large denomination long in their possession possession pos pos- session lest it be worth nothing when they came to use it Counterfeits were common and efforts to pay bills in depreciated currency were of daily occur occur- rence The currency methods in vogue in the United Sta States tes were one Olle of the eight wonders of a n. disgusted I world Today the American currency system is stable after half a century of Republica m dominance the dollar is worth one hundred cents cr everywhere where Wildcat Wildcat Wild Wild- cat currency has been retired open and undisguised advocacy of fiat fint money marks the advocate as a dreamer in the estimation of the tho people they do not condemn they merely pi pity ty The Tho public has been educated t to understand that a dollar is worth a dollar dollar dollar dol dol- lar because a dollars dollar's worth of resources guarantee its stability those who fancied that the tho government could give an unlimited number of pieces of paper any desired value alue merely b by r stamping that supposed value alue upon them have sensed their error with the exception of a few men once tho the butt of a nations nation's jokes but now high in that nations counsels Because of its achievements in establishing a n stable currency the tile Republican party parts might reasonably reasonably reasonably reason reason- ably have anticipated participation in ill currency legis legis- lation But that privilege has been denied Because the only redeeming features of the tho administration currency currents measure were taken from irom a Republican lott r A th V 4 h t 4 th h. h Vi f D i wrt f t rt a tl doth fin do- do measure 1 a t Lug e n JV e it Liv v p i tt b w pounced this party has a right to expect to be con con- Yet the sponsors for a hysterical financial heresy of seventeen years ago that they havo have since repudiated arrogate to themselves the tho task of improving improving improving ing upon a currency system they to destroy and they would have destroyed it but hut for fOl tho the good sense o of the American people The maintenance of the American dollar at face value has hns been tho the aim and accomplishment of the Republican party the legislation Mr Wilson And Mr Ir Bryan propose tends steadily towards depreciation tion of the dollar doUar and an increase in the rate of interest which the tho government must pay Every Eiery economist and financier in America has uttered warnings but they are unheeded Mr Bryan who has either fathered or adopted every 1 financial falla fallacy y of tho the past twenty years is iB in the saddle and is directing directing directing di di- the tho journey Is it surprising the country fears 1 |