Democratic Sentinel, Volume 22, Number 10, Rensselaer, Jasper County, 12 March 1898 — “PLENTY OF MONEY.” [ARTICLE]
“PLENTY OF MONEY.”
“There is plenty of money in the United States” is th constant cry f the gold clique, and yet members if this clique are anxious for an increase of currency that shall be “safe, elastic and available.” If there is plenty of money, why do the gold-ad ocating Oliver Twists demand more? That they do demand more is proved each day by the editor.als and news articles published in the “sound money" newspapers. This fact is strongly illustrated by he remarks made by the editor of the Bankers’ Magazine, of New York. He says: “In every community there are hundreds of men who 'are begging for leave to toil,’ as Burns so aptly s«i 1, but the avenues of vocation are closed for lack of the proper resources with which to start the wheels of industry. ake it possible to issue cnrreucy at once safe and elastic and available, as above noted, and the prosperity of the whole people will be materially enhanced.
“The issuance of credit currency against well-defined banking cape ital is a possibility even under existing * onditions, and 1 am well assured that the wisdom concentrated in congress will solve the vexed question in the near future ” If there is plenty of money in the United States, how comas it that “in every community there are hundreds of men ‘begging tor leave to toil’?” The editor of the Bankers’ Magazine answer 1 this question by admitting the claim of the bimetallists that there is not money enough in the country to do the business of the country. And yet the Bankers’ Magazine holds that there is “plenty of monev in the United States ” Inconsistency so glaring as t’ is shows how absolutely impossible it is for t’ e advocates rs gold to meet the logic of facts in an endeavor to maintain their position.—Chicago Dispatch.
