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of Congress to wipe out silver legis. lation, the export of gold began to increase rather than decrease, and the wise financiers of the East began to see that the movement they had started was one they could not control. The fulfillment of their prophesy of evil began to look them full in the face, and they became worse frightened than those whom, in the beginning, they had intended to frighten. They could not conceal their apprehension, and though they were much more demure than they were when they were trying to frighten the rest of the nation, their influence was so chilling to enterprise and prosperity that the panic spread all over the country. WALL STREET CREATED THE PANIC. A general distrust of bank and financial institutions seized the whole people, and an unexampled boarding of currency began in all parts of the country. The result is that the nation is undergoing a financial stringency such as was never seen here before, and, like retributive justice, the severest sufferers of all are the financiers of the Atlantic cities who inaugurated and created the panic. The great banks of New York, Boston and Pbiladelphia have practically suspended, and the work of furnishing currency to those who have workmen to pay is relegated to brokers, who sell at a premium. NEW YORK BANKS INSOLVENT. The New York city banks have now some $37,000,000 of Clearing House certificates, which is a species of currency that is good between the banks themselves. Checks and drafts on Boston are selling in Chicago at from $15 to $30 per $1,000 discount, and go begging at that. Over $25,000,000 of gold has been imported since July 1st, but still these great banks are not able to rosume their old relations with the banks of the country. They undertook to teach the West a lessen and require them to pay up, but they found that the West is the great source of wealth of the country, and that from the West come the exports to foreign countries, and that the money of foreigh countries must come West in order to secure those exports. They t have found, too, that the West is full of independent business men, who do s not find it necessary to simply imin tate their brothers of the East. EASTERN BANKERS' CRIMINALITY. , These great financiers of the East undertook to teach the nation, showe ing the folly of bimetallism, and have simply demonstrated their own ineffi3, ciency as business men and worked y irreparable injury to the whole country. The gold that they aided to get d away to Europe is returning, but d comes to pay for the exports of the West. The same men and their alis lies undertook to make things easy for Mr. Cleveland, but have only succeeded in rousing animosities that st will make the success of his administration more difficult and make moncd metallism more hated than ever. r Whatever the actual result of present t contentions, there is a lesson in the le present situation to all those who would have the country pay them tribute. d