Page:Coin's Financial School.djvu/111

From Wikisource
Jump to navigation Jump to search
This page has been proofread, but needs to be validated.

CHAPTER V.

The Fifth Day.

It was a day of bulls and bears.

Tickets for seats had been printed the evening previous, and the ticket office had been opened in the morning.

Under Mr. Milliken's able management, notwithstanding the great rush, everything proceeded orderly; and after the seats were all sold, tickets for standing room readily brought the regular price, until the hall was packed. There were fully 3,000 people in the audience at two o'clock, when Coin appeared on the crowded platform.

The morning papers had twitted Professor Laughlin with his attempt to trap the little bimetallist by an unfair question, and the Times cited it as a sample of the methods used by the monometallists in their campaign of misrepresentations.

Lengthy comments were published editorially on the proposition of credit money based on labor, to be redeemed in services by the government.

The Inter Ocean said, editorially:

This kind of money would relieve the volume of money now used in transactions with the numerous postoffices of the whole United States. It is no inconsiderable amount that is now required to perform this business, and the country would readily absorb a supply sufficient for a year's use in advance.

93