To Roosevelt
OUR hero is a man of peace, Preparedness he implores, His sword within its scabbard sleeps, But, mercy! how it snores!
The Regalia of Money
BY ALEXANDER DEL MAR
[Mr. Del Mar’s career as a financial writer covers a period of more than half a century. He was the financial editor of the Washington National Intelligencer, the New York Daily American Times, Hunt’s Merchants’ Magazine, The Social Science Review, The Leader, The Commercial and Financial Chronicle, and other journals of national importance. After filling the offices of Director of the Bureau of Statistics, Commerce and Navigation, Commissioner to Italy, Holland and Russia, member of the United States Monetary Commission, etc., he devoted his leisure to a “History of Money in the Principal States of the World,” “The Science of Money,” and other works relating to this great subject, all of which have secured the approval of the critical press of Europe and America and passed through repeated editions, both in English and other languages.—Editor.]
IN the recent Presidential election the People’s Party inserted in its platform a principle of such transcendent importance that, were it generally understood, had its operation been brought home to the great mass of the people, could its far-reaching consequences have been portrayed so that everybody might observe them, it would have dwarfed every other issue on that occasion presented to the country. As it was, nobody, except the few gallant leaders of the People’s Party, paid the least attention to it, and the election was decided upon other grounds.
That principle concerned the Regalia of Money, which the People’s platform demanded should be restored to its rightful owners, the Government, the people of the United States. It can be demonstrated that, had this been done, many of the vexed questions before the country, such as the Monopolization of Industries, the Financial Trusts, the Municipal Ownership of Public Utilities, etc., would have been placed in a fair way of settlement.