Why We Must Borrow Money

Here ie an exhibit that tells the story as plata as it can be told in words : FOREIGN GOLD MOVKMENT AT NEW YORK. .. Excess of Year. Exports. Imports. Exporls. 895 $99.262 338 $26,117,637 873,144.1)01 1894 101,821,875 20,621,024 81,200,831 Totals. J20l.088.7I8 $46,738.6öï7 154,344,S52 During tliese two years o fa Democratie administration the excess ol g-old exports over gold importa at New York was $154,344,952. This was only $8,000,000 less than the entire amount of ie national bond Issues under this administration. "We must borrow money to pay for the extra foreign goods that we buy just as soera as the policy of protection t othe United States te abolisued, or even threatened.