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 Rh "Thus the founders of a monetary system, on the principle of free coinage to the commodity selected, had a practical method for supplying any deficiency that might arise by reason of the exhaustion of the silver and gold mines."

Thus far everyone had listened attentively, and no one had interrupted the little speaker.

Now Mr. John R. Walsh, president of the Chicago National Bank and prinicipal owner of The Chicago Herald and Evening Post, who occupied a seat near the front, arose and asked this question:

"How can the government by passing a law add a cent to the commercial value of any commodity?"

"You were not here yesterday?" said to Mr. Walsh. To this Mr. Walsh replied that he was not.



"Suppose," said " that Congress should pass a law to-morrow authorizing the purchase by the government of 100,000 cavalry horses of certain sizes and qualities. And the government entered the market to get these horses. Horses would advance in value. Not