People's Pilot, Volume 3, Number 8, Rensselaer, Jasper County, 11 August 1893 — The British Lion Plays “Bull and Bear.” [ARTICLE]

The British Lion Plays “Bull and Bear.”

Those who have watched closely the course of recent events, can plainly see the paw of the British Lion in the financial affairs of the United States in the last few months. He has been “bearing” the general commerc ill interests of this country

by “bulling" the money market. ! Six months ago London began to call American gold and kept it up until we had lost many millions of dollars of the yellow metal to her. As it was then shown gold was actually imported into England at a loss to the importer. Why this was done American financiers could (not then understand, but now the object is very apparent, j England doubtless surmised that a continual drain of gold eastward would cause a stringency in the money market here, which would in turn create a panicky condition in the business world. This would destroy confidence, j bringon disaster and inauguerate: an era of falling prices as a! sharp stringency in the money ' market always does. How well j she laid her plans and guessed | the result the present condition of affairs demonstrate. Wheat is now selling in the market at a lower price than ever known. Gilt edged stocks and bonds are likewise ruinously low. Business is stagnated and prices running down out of sight. Banks are failing, . factories closing down and thousands of laboring men are out of employment. The pica'ic prepared for the : British Lion is now ready and he is even now tilling himself with American dainties. The very gold that was imported by England at a loss six months ago is now coming back to pay for wheat, stocks, bonds, etc., at bankrupt prices. Last week 20,000,000 bushels of wheat were taken for export at 58 cents —a price which would bankrupt every American wheat raiser. Yes it was a little game of “Bull” and “Bear,” but it'cost many a poor man his job. robbed many a farmer of his hard earned product of the farm, sent many a bank into liquidation, closed many a factory and caused disaster to stalk abroad over this fair land. Now it is very plain why England imported our gold at a loss. She was simply engineering a gigantic “corner” on the money market and has successfully carried it through, making millions out of it. Now. dear reader, can you see any reason in this operation why England loves a gold basis? Mr. Thomas Batte, editor of the Graphic, Texarkana, Arkansas, has found what he believes to be the best remedy in existence for the flux. His experience is well worth rentembering. He says: “Last summer I had a very severe attack of flux. I tried almost every known remedy, none giving relief. Chamberlain’s Colic, Cholera and Diarrhoea Remedy was recommended to me. I purchased a bottle and received almost immediate relief. I continued to use the medicine and was entirely cured. I take pleasure in recommending this remedy to any person suffering "with such a disease, as in my opinion it is the best medicine in existence.” 25 and 50 cent bottles for sale by F. B. Meyer, the druggist.