Gold Payments Are Impossible We Must Choose Between National Money And Irredeem

Cover Gold Payments Are Impossible We Must Choose Between National Money And Irredeem
Gold Payments Are Impossible We Must Choose Between National Money And Irredeem
William D William Darrah Kelley
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" Sir, the owners of these seventy-five homes have not been rash speculators. They characterize my native city which I have had the honor so long tp represent here. They are working- people ; they train their children mainly to mechanical pursuits. They had, with their sons and daughters, learned how much they could earn a mouth and how much, after living comfortably, they could set apart as savings. These savings they put into stock iu building associations. And I say here, as I have often sai...d else- where, that the building association is, in normal times, the best sav- ings-institution I have ever known and one calculated to make the best citizens of poor people. These working-people have gone on paying until all the family lost employment or all but one or two whose earnings were necessary to support the household. Unable to pay their monthly installments, their homes, often paid for within two hundred or three hundred dollars, sometimes within $100, are being disposed of to the ''wrecker, " to quote from the gentleman from Oeorgia who spoke yesterday, [Mr.

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