People's Pilot, Volume 3, Number 33, Rensselaer, Jasper County, 2 February 1894 — Unlock the Vaults. [ARTICLE]

Unlock the Vaults.

The concentration of the large volume of money in the New York bank vaults represents a deplorable state of affairs. Even so iron-bound a gold-bug organ as the New York Financier views the situation with alarm. Commenting on this matter in a recent issue the Financier says: “If some definite action is not taken very promptly, the country will witness one of the worst commercial panics that has ever occurred in this or any other country. ’’ There has come to pas s just what we predicted when those “eminent financiers” were browbeating congress into demonetizing silver. The democrats in congress have it in their power to avert the impending panic by legislating in the interest of the masses. The prompt passage of a free coinage law would unlock that vast pile of money stored away in the iJew 'York banks in less than twenty-four hours after the bill became a law. The only remedy is in fulfilling ''the democratic platform to the letter.—Portland (Ore.) Tele gram.