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President Roosevelt thanks Herman Henry Kohlsaat for the letter and clipping. He thinks that Charles N. Fowler’s bill might make the situation worse because it seems to be only an inflation measure.
Library of Congress Manuscript Division
1908-01-15
Paul Morton responds to President Roosevelt’s request that he criticize a memorandum from Treasurer Treat on currency reform.
Library of Congress Manuscript Division
1906-10-20
A large cornucopia labeled “Cold Storage Warehouse” stores a significant amount of farm produce, creating an artificial shortage, in an effort to drive up the price of food in the marketplace. A group of people stand outside the locked door labeled “Closed for Higher Prices,” while, in the background, farm produce is being delivered from both sides for cold storage.
The downside of prosperity, such as was enjoyed during Theodore Roosevelt’s presidency, was a byproduct of human nature: sometimes retail prices rose not because of higher demand or better production standards, but because retailers — often the “middlemen” — could manipulate prices.
Major General Sickles urges United States military veterans to set aside partisan differences to oppose the election of the Democratic Party’s candidate for the 1896 presidential election, William Jennings Bryan. Sickles primarily denounces Bryan on the issue of replacing the gold standard with a looser silver standard, which will, according to Sickles, allow debtors to pay off creditors and government bonds with less valuable currency, defrauding many veterans and army widows of the value of their pensions. Sickles considers this an unconstitutional attack on the public credit, a move towards Populist mob-rule. Sickles also accuses Bryan of encouraging the type of sectionalism that sparked the American Civil War. Although Sickles identifies as a Democrat himself, he denounces the platform and candidate, Bryan, approved at the 1896 Democratic National Convention in Chicago, and voices support for the Republican Candidate, William McKinley.
Library of Congress Manuscript Division
1896-07