Rensselaer Semi-Weekly Republican, Volume 22, Number 10, Rensselaer, Jasper County, 23 October 1900 — How Gold Descried Us [ARTICLE]

How Gold Descried Us

Gold is arrogant and tyrannical j An time of peace, and it deserts any j inatioh in time of war—-From aj speech delivered in Indianapolis,! . Ind .by Mr. Bryan, October 6th j 11896. The stock of gold in the United '' §t,ates has increased enormously ' since Mr. Bryan’s nomination in J ! 1896. On July Ist of that year, 1 ' the gold in this country, including ! the coin and bullion in the treasury ' department, was 1599,595,964. j By March 1,1900, the eud of the ! third year of President McKinley’s j administration, it had nearly, doubled, the amount being $1,025825,162. Since Mr. Bryan made this state-1 ment the United States has been engaged in a foreign war, and did gold desert us then? No! It came pouring in from all the world. In 1898, the year cf the war with Spain, the gold that was sent to this country from abroad amounted to $120,402,195, while only $15,533,719 was exported, leaving a balance in our favor of $104,868,- ■ 476. s In July 1, of that year, the stock t of gold in the United States a j. c « il ■ i iiu 111 ,000, an increase since Mr. Bryan’s nomination of $300,000,000, and ■ since July 1, 1897, an increase of J $200,000,000. is liow the > precious metal deserted the Araerir can people in time of war.