"What more clearly than anything else demonstrates that tariff is not the trouble we are searching out, is that the same business depression existing in the United States also prevails in Europe, Australia, and all countries where gold has been made the standard and measure of values.
"To see only our own trouble, and attribute it to local causes, is to be like the narrow-minded Chicago man who attributes the present depression, to the World's Fair.
"The Chicago Post published the following the other day from the San Francisco Chronicle, that will forcibly illustrate my answer to this question;" and Coin read the following:
The San Francisco Chronicle, says advices from Australia by the steamer Warrimoo show an alarming increase in casualties, crimes and acute distress. The police are unable to cope with
BANK PANIC OF 1893.
GOLD STANDARD COUNTRIES AFFECTED.
desperate housebreakers, who swarm in the large cities. A few that have been arrested give as an excuse that famine drove them to deeds of violence. Several of the policemen attacked by burglars at Sydney are dying. The survivors have been promoted and given bonuses by Sir George Gibbs.
On one day last week at Sydney, besides a score of petty robberies, the City Hospital was robbed of all its valuables by nurses;
