False Assertion

The assertion that our supply oí money in the United States is already sufficient is palpably false. According to the latest estimates of thetreasury we have only $23.28 a head in gold, silver and paper, while France has $36.13. Of our circulation, $8.41 in gold is now withdrawn and hoarded and as long as greenbacks are treated as gold certificates they, too, will be hoarded. Our actual circulation, including all gold, silver, greenbacks and national bank notes used from week to week in actual business is somewhere between $10 and $15 a head, and it is not over $15 at the outside. The insufficiency of our supply of silver is demonstrated on the face of the treasury figures, which show that while France has $12.94 of silver per head of population, we have only $8.77. If we did nothing more during Bryan's administration than increase our stock of silver to the per capita of France, it would restore prosperity to the country, giving to all classes, and especially to retail merchants and artisans in cities like St. Louis, such profits as no legitímate business has produced while currency contraction has been going on. If the people permit permanent prostration to be forced on the country, they will have no one to blame but themselve. The cause of existing conditions is c'lear. The remedy is plain. It is for the people themselves to determine whether or not it shall be applied, as they can do by asserting themselves against the tories, pultocrats and oligarchs who declare that it is folly for Americans to attempt action without the consent of London.