Currency Elasticity and Aims for a More Elastic System
Secretary Windom warns the U S currency is inelastic causing seasonal money shortages during crop moves in August and September. The piece contrasts Scottish and Canadian banking flexibility, advocates branch banks and simplified reserve rules to ease money flow and curb high interest during harvest. It also critiques Bryan's equality rhetoric and defends fiat note flexibility as essential to practical currency policy.
MENTIONED IN THIS ARTICLE
the Treasury
Windom
Treasury
Isa
Sound Currency Committee
Reform Club
L. Carroll Root
Mr. Root
Scotland
Canada
United States
Banks OF
Manitoba
Montreal
Quebec
Toronto
Treasury Reserve
Democrats of Rhode Island Face Currency Question
The New York World notes Rhode Island Democrats will likely ignore the currency issue at their coming state convention, likening it to a burnt child avoiding fire. It urges past lessons be learned and references Japan’s coinage reform and historical dollar-silver ratios in broader political context.
MENTIONED IN THIS ARTICLE
Rhode Island
Japan
Jefferson
Blandites
New York World
Japan Adopts Gold Standard at 21 to 1
The March 1 cable from Yokohama reports Japan choosing the gold standard at a ratio of 21 to 1, with operation set for October. The move ends silver usage in Japan, following two years of currency study and debates about wage and price effects, positioning Japan among civilized nations.
MENTIONED IN THIS ARTICLE
Japan
Yokohama
Japanese Currency Commission
China
India
Asia
Sound money movement doubles down after November verdict
The New York Reform Club launches a national sound money league to persist beyond the 1896 campaign. It will publish focused literature on currency reform and expand to reach the South and West, countering populist ideas with monetary truth.
MENTIONED IN THIS ARTICLE
inNew York
Sound Money League
Sound Currency Committee
New York Reform Club
South
Baltimore Sun
Bryan in the East and free silver advocates
The Trenton Gazette notes William Jennings Bryan continues nationwide preaching the same doctrine as during his presidential campaign. It warns free silver forces remain persistent, aiming to win new citizens to their currency cause and to hold gains from last November's sound money victory.
MENTIONED IN THIS ARTICLE
Mr. Bryan
New York
Treasury
Bryan
William Jennings Bryan
United States
Free Silver Forces
Sound Money
Trenton Gazette
An Ancient Mark Down Sale
A historical note recalls cattle as currency and a sale card reading Marked Down to One Calf. Former Price Que Cow. The quirky fragment evokes old markets and humorous price tags.
MENTIONED IN THIS ARTICLE
Hewitt
Jewitt
The Question of Branch Banks in a National System
The article argues for branch banks, citing Canada Britain and Scotland as models. It suggests local hostility to distant banks fades with experience and central branches improve uniform interest rates and capital transfer to balanced regions. It notes distrust of big banks grows with capital and fear of monopoly.
MENTIONED IN THIS ARTICLE
United States Bank
England
Scotland
Canada
Australia
Montreal
Toronto
Manitoba
Pacific
United States
Bryan and the silver question warned against four years out
A column argues Bryan and allies should drop silver talk for three to four years to avoid educating voters about cheap money. It contends prolonged discussion could boost gold standard critics, warn of 1873 as a prosperity culprit, and claim free silver harms wages and farm prices, citing Mexico and past U S policy.
MENTIONED IN THIS ARTICLE
Bryan
Nest
Pennsylvania
Colorado
Tennessee
Sneak Thief Shakes Down City for Silver Dollars
Report describes a bold thief stealing large sums in silver dollars prompting police action. Authorities pursue the footpad through the streets as the public reacts to the daring grab.
Scarcity of Money Fueling Reform Debate at Chamber
W E Dodge reports from Indianapolis on monetary strain across the nation. He cites barter regions, debt to stores, and the need for agricultural banks as Scotland and Austria show. Dodge warns of a larger anti political backlash by 1900 if reform is not pursued.
MENTIONED IN THIS ARTICLE
W. E. Dodge
New York
Mr. Bryan
Treasury Department
Washington
Richmond
Austria
Hungary
Germany
France
Scotland
Edinburgh
Glasgow
Indianapolis
Credit Banks for Farmers Warned by The American Agriculturist
The American Agriculturist argues for agricultural credit banks to help farmers escape high crossroad store credit. It cites Scotch and Canadian branch banks, co operative societies, and low interest loans, noting many U S farmers lack nearby banking and suffer from predatory trade practices.
MENTIONED IN THIS ARTICLE
American Agriculturist
Agricultural Credit Bank
England
Grange
Farmers' Alliance
Scotch Credit Banks
Dunning Macleod
Scotland
Macleod
Canada
Agriculturist
Europe
United States
Crossroads
Money issue prime focus for silver Republicans
The Baltimore News urges silver Republicans to prepare to support the incoming administration by active work and counsel, placing the national finances on a sound basis. It warns against letting party considerations outweigh the transcendently important money issue.
MENTIONED IN THIS ARTICLE
Baltimore News
Dem
Also Mentioned on This Page
Canadian Hanks
Ry Fh
Ational
Uu. Ny
Atone
Gees
USUS
Root
Mexico
New York Chamber of Commerce
Credit Banks
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!