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About The Red Cloud chief. (Red Cloud, Webster Co., Neb.) 1873-1923 | View Entire Issue (Oct. 6, 1893)
THE RED CLOUD CHIEF, RED CLOUD, NEBRASKA, FRIDAY, OCT. , 1898. mmmtmammmmmmmmmmmmmmmmimmm 11 ii HI : I ' I ft I! i &V i fft ;'- i K 'WHAT KIND OF MONEY An Able AddrcM by nn Alile , IMhii 1rioii Our din hi and fellvcr iin Money. IntereNtlnit rignrci Arc Given mid Conipurlnniu Rlitdc iin In Their Mae. (Continued from lust weclc.) In tho jear 1873, at llio liuio the silror dollar was dropped from (ho eoinago of this country, tlicro waa but llttlo silver in oiroulation. It being t a premium thoso who wialicd to uso iircr in tho moclianio arts and for other purposes melted it up. An tho silver dollar in (heir possession nan worth inoro to thorn for that purpose than as monoy, silver did not circu Jatc, It was bcoauso oT this fact that ' it was dropped from our coinage. Tho truo theory of bimetallism is Hint tin commercial valuo of tho metal should bo tho same, and not that each of tho metals is rcdocuiablo by tho other. Tho theory upon which the modern advocates of frco silver rct is that so long as tho government can nd docs redeem tho ttilvcr dollar in gold, it will remain at a patity with gold. It is also apparent that our (diver money, or treasury notes based upon silver bullion, is increasing at tho rnto of about SIB.OOO.OOO to SftO.OOO.OOO per J ear, uhiSo the amount of gold that has gone out of tho country in excess of tho amount imported wiih for tho fiscal ymr cuding July 1, 1801, ftiSsl.'iO.OSl'i-'fi-r the fiscal year 1802, J!)t!.87:i; lor tho Gsoal year 1803, t87,r)0(!,-lf)3. In thrco years wo have increased tho silver coinage and silver notes about $10,000,000 and de creased tho gold moi c than that amount. From January, 1880, to June, 1802, nearly $100,000,000 of gold cortiE catcs wcro withdrawn from (he nation al treasury, Tho rapid disappearance of gold may be further dctcimiiicd by tho fait in January, 1S01, 88 (5 10 per cent of tho customs tax of New York wore paid in gold and gold certificates while in May, 1803, one tenth of one per cent was similarly paid. Tho do cicaso of tho gold in tho treasury in tho last thrco months has been so rapid that for tho first timo in tho history of tho country has tho gold re serve of $100,000,000 been encroached upon. At ono timo it was as low as $03,000,000. During tho past month on account of largo exports of grain demanded by foreign countries, tho resoryo has been increased so thut it now stands at about $07,000,000 Tho only. metal in any danger at the present time is gold, which has boon going out of the country as fast ns it can, whilo silver is in no danger. Tho total of excess of gold exported for the sir. months ending July 1, is $01,058,805. In my opinion it is not a practical question whothor wo shall adopt abso lutely tho gold htaudard or tho silver standard. 1 think tho punplo of the nation, by virtue ol their history and habits of thought, their uso of tho two mclals as money, are committed to bi metallism in some form or other. Ul timately wo nmy dicide to use bilvor r a subsidiary eoinugo. Wo may reach this conclusion for tho teaHon r that tho standaid silver dollar abso lutely refuses to circulate, while the subsidiary silver coinage is nearly all in circulation. Of tin lb.OIIO.OOU silver dollars coined, 3112,0(1(1,000 are in the treasury, whilo only 57,000,000 nro in circulation, and of tho $77,000, 000 of subsidiary silver ooiued, $l!5,- nnn nun i .,.. .. uuu,uuu nro in ctrcui.uiDii, nenco we may be able (o s dvo (ho question by rocoining the present .silver dollars in to d mes, quarters nud half dollars For my own part, 1 believe that tho Sherman act provided for tho pur chase of '1,500.000 ounces por month, t Icmt that part of tho act providing for the purchaso of bullion should bo repealed. Tho other clauses in tho act, wli'ch provide for keeping gold and silver at a patity, should bo re tained. In other words I would slop the eoinago of the standard silver dol lar until at least wo linvo ns much gold as we havo silver, or currency based upon silver, and until silver ap preciates in pr co and tho ratio mid proportion between tho cotnnioroinl prico of gold and silver is restored Whilo tho demonetization of silver may at first doprcss tho piico it will ultimately revive, for tho production will then bo limited, nnd when the production is smaller tho price of Mi ter will aprrcciato and ultimately v o may bo ablo to rcButno the coinage of silvor dollars on a ruito of l(i to 1 Tho true ratio at the present time is very near 28 to 1. I do not bclicvo that tho prlco of silver will deprcciato much below what it now is if wo discontiuui its coinage Fur instance, in 1873, when silver was demonetized, tho silver dol lar was at n premium of -1 mills. In 1873 its bullion valuo was 088; in 1877 it was 020; whilo in 1878 when tho Illand act was passed, it was 801, and in 1870 it was 808, so that one year after tho nassago of tho Bland act, when wo wcro coining $2,000,000 of it per month, it was worth less than it wa3 in 1877, ono jcar beforo tho paesago of that act. From tho pass ago of tho Bland act in 1878, silver Htoadily droppod from 80 cents down to tho year 1800, when tho bullion value of tho silver dollar wts 80.0 During that lime wo coined nearly 100,000,000 silvor dollar!, yet tho price of silver steadily fell. In 1800 wo nearly doubted tho amount of sil ver purchased per year, and still tho prico of bullion in silver dollars fell from 80 0 to its present valuo of about 58 cents. In other words the inoreuso of production has moro than kept paeo with tho incrcaso of tho pur oliaso of the silver and its coinage, so that tho prico of silver had been steadily depressed until tho bullion valuo of the silver dollar is now only about 53 cents. If in 1878 when we continued tho rccoinogo of silver when tho bullion value of tho silver dollar was only 80 cents and often buying and coining $000,000,000 of silver tho prico is now 55 cents, what reason havo wo to be lieve that by admiting tho silver of tho world to our mints that the prico will deprcciato. CIRCULATION TKIl CAPITA. Tho circulation of tho money of this country per capiti, according to the last statement of tho treasury of dato July 1, 1S03, is $23 8(5. In 1883 tlio per capita was $18.03; in 1878, $15.32; 1800, $22.82. Thoso figures demon strate to the business man of a few years experience that neither individ ual prosperity nor counncrcinlactivity is absolutely controlled by tho amount of tho circulating medium. From July, 1800, to tho present poriod of great monetary stringency, wo find an avcrago circulation, per capita, of $23.(!o. It is therefore ap parent that, in tho common parlanco, times may bo hard, and monoy Bcarco wit.i tho most abundant circulation. Wo arc now passing through a poricd of financial distress without a paral lel in tho history of the country. Money was ncyer so close, nor so tight, nor tho financial outlook so dark as now in tho history of our country, and jet tho per capita in cir culation is larger than at any other period in our history. With a per capita of silver circula tion amounting to about $0 as against less than half a dollar per capita in 1873, wo find ourselves in danger of as great fiiancial stress as that which athicted us in 1873. If upon a given day the active business men of a com munity, for reasons good or bad, but satisfactory to thcnuolvcs, resolvo to inako no further contracts, to quit all business transactions, which is in a largo sense tho stato of u Hairs that now exists, a seeming scarcity of mon ey is the result. Whatever the vol ume of the circulating medium, it docs not impose itself upou anybody. He who gits it must give an equivalent for it. If nobody wants his labor or his property ho can get no monoy. If ho who has it refuses to loan it, in foar that tho curronoy to bo paid back nt maturity of tho loan will bo less valuable, tho condition is ono of stagnation, and scarcity of moLcy is tho consequence Hard times mako monoy scarce, rather than soarco mon ey makes hard timo. It will bo re member d that tho por capita in 1878 was $15 32, whilo in '72 itwas $18 03. 100 Ilcwnrd, gioo. Tho render of thhipnporwlllboplenseu to lenrn that there is nt least one dreaded diBoaso Unit seienco has beon ablo to euro in ull its BtnKoa. nnd that is Catarrh. Hall's Coturrh Cure ia thu only positive eure known to tho medical fraternity. Cntnrrh being a constitutional dlsonne, rehires a constitutional trontment. Hull's C.itnrrh Cnro If taken internally, noting directly on tho blood nnd mucous surface of thosystom, thereby destroying tho foundation of tho ilUeiiBe, and Hiving tlio pationt strongth by building up tlio con stitution nnd ujiUting nature in doing ita work. Tho proprietors huvo ho much faith in its curative powers, that thoy of for Que Hundred Dollars for nny euso thnt it fulls to ouro. Bond for list i f testimonials. Address F. J. Cheuby Au ,u "" '"J"""" u J'K mat alio Co., Toledo, O. Sold by Druggists, 7flc. ' was as ugly as riu, 1 do not like tho Wilttcn for The Ciitr.f Itcinlnleciice ol Army I.lfc. (HV A l'ltlVATK.) NUMUClt Mil. I have already alluded to tho groat diversity of sentiment that existed at tho beginning of (lis war, not only among those who enlisted but also in soiiio of the families from which they wont, Some of thoso who enlisted through motivss ef loyalty were bit terly opposed in so doing by their near relatives especially tho parents of tho younger men, a notablo instance ot which ocoured in the litllo town of Monterey, Iowa, near ths Missouri lino in and around which more than half the peoplo wore known as ''cop perhead," or at least were pros'aycry democrats, and opposed to frosing tho ''ik'gers." The cas to which I al ludsd was that of a young man, tho son of parents who aside from their avowed disloyalty, wore quite respect iblo people, ths father being one of the leading business men of tho town, and a most cstimablt citizen in most rsspeets, The son wanted to enlist when tur regiment was being raised, but as he was several months in his minority lis could not enlist without his father's consent. Aa soon, how ever, as hi was his own man he enlist ed, notwithstanding tho opposition of his parents, especially of his mother, who as I have heard was r-o bitter in her opposition that lio said that she wished all thoso who went to tho war from that ncighboihood, her son in cluded, would bo cither taken prison ers, or be kil'ed. On reaching the field he was asigneel for duty in Co. D. of the 3d Iowa Cav., ia which he be came popular as a soldier, and was rapidl) promoted from tho ranks of tho private until bo soon boro tho bommissioD, and wore tho shoulder strips of a lieutenant in his company. If his mother was sincere in lir de nunciation of his conduct at first, I have no doubt she was proud of his record, up to tho timo of this promo tion, and in her mother heart had to some extent forgivou him. If so, alio soon had occasion to do nouuee him more bitteil than before; for a few months later bo nddsd to his mother's prief by taking a cap tain's commission in a colored reg iment. This seemed as much as she could bear and live, but he oapped the climax of his mother's disgrace when at tho close of the war ho brought a colored woman home with him. Prior to the last insult she had become partially reconciled, and prob ably would soon havo forgiven him entirely, but tho thought of his bring ing a "nigger wenoh" home with him wis too much for a fond mother to en dure. She had heard of it beforo his arrival home, and although ho said ho was bringing her "especially for his mother' sho expressed hor determi nation to not allow hor to corns into her house. But when she learned that tho "wcuch" was not a young woman as she supposed, but was al most old enough to have been her sou's grand mother, and instead of being pa.'siably good looking was ugly as sin. She relented and gavo old "Aunt Jane" a homo in her family, whero she proved herself to be not only a good cook, but in every way worthy of tho kindness shown her by tho young captain, who was not only interested in finding her a good home, but in scouring a valuable help for his mother, who strange as it may 'scorn, soon got over her opposition to having "nlpger" iu her family, and I have no doubt forgavo her son for having ''disgraced her. If dtiU Hying, she is no doubt, not only fully reconciled, but proud of her son, who is now sorviug his second or thiid term as a republican member ef congress from one of tho north-western states It was currently reported that his mother was not tho only wo man who made a fool of herself; for it was slid that ho was engaged to a young lady of tho neighborhood, and that they woro soong to bo married but when he and her parents heard that ho was bringing a "nigger wench" home with him, they at onco broke tho cngagnmont, which I havo no doubt was for his good, but of this I do nut know. Uo now has a mot eatimablo and intelligent wilo, who as I have heard is a worker in tho temperance cause and other reform movimonts. I can vouch for tho truth of the stntcment that old"Aunt Jano" wb a good cook, for she cook ed for Bevoral wotks for the mess in which I belonged. But I fel that I ,i:.i i s. i...s ... . comptriion. and will retract it; yot sho was ugly enough to protect her friMii jealousy, although possessed of a good motherly look, and I have always respected the captain for having found her a good home. As thu war 'progressed and was nt each Htcp assuming greater proportions than had been anticipated, it was becom ing more and mors evident that noth ing less than the abolition of slavery could prcvont the dissolution of the union, and when the emancipation proclamation wis issued many of thoso both in and out of the army, who at first said thoy would prefer a dissolu tion of tho union to emancipation showed that they had cither been in- sinccro or that they had experienced a change of heart. I think that the igc latter most probable; or rather that they had become- hotter informed through tho force of circusistanccs, and could begin to appreciate what would bo tho consequences of a dis ruption of the union. This last named consideration in duced many to enlist, who had hither to preferred to stay nt home, but con sidering tho prsscrvalion of tho union paramount to all other considerations, thoy provided thoir loyalty to the government by enlisting in tho union army. While the republican party ss a party claims the Bucorssful ptosccu tion of the wnras a republican vieton. I doomed it but justice to say that the conservative end loyal democrat, who enlisted in defeneo of the union is entitled to inoro credit than his re publican neighbor with his anti-slavery sentiments. They wero equally loyal, but in showing their loyalty tho one had to sacrifice his party prejudice, if not in some oases principle alio, which tho other had no oooasion to do. Honor to whom honor is due. Lumber chcup For t'nuli. Look nt theEo prices nnd compare them with prices other dealers sell for. No. 1 '2x1 2x0 2x8 810.00 per 1000 ft. No. 1 Ship lap 17.50 " " " No. 1 Grooved Rooflngl8.00 " ' " No. 1 Fencing 18.00 " " " Boat Red Ccdur Shingles 2.75 " " ' Snail doors nt about one half tho prico charged by souio dealers. A liberal discount lnudo on largo lulls. Wo will eavo you money if you will got our prices beforo buying. Our stock is ull No. 1. Tn.Mjr.itb' Lummbii Co. A HIkIi Liver. Usually has n bad liver. II is biliouj constipntcd, bus indigestion and dyspop sin. If thero is no organic troublo a few dosos of Porks' Sure Curo will tone him up. Parks' Hiiro Curo is tho only lircr and kidnoy our we soil on a poBitivo gunrnntee, Prico $1.(500. Sold by C. L, Cotting. A Fine Farm For Sa!e. Itiirualn. A Great If you wnnt to buy a flno homo you nhonlel not fail to see this farm. It will go for fcoOOO if sold Boon. Half cusli nnd hnlf on time, or will trndo for vuluablo property. Tho bouso is 10x21 2 stories with L 14x10 with porches on each side. Good wnter, lino outhotiso. Biir bnrn 24x40 J stories; cob and conl house 14xlG; grnnnry 12x14; corn crib 8xIJ2; windmill (now). School litiuso within 40 rode, lo miles from county seat, two trading towns within 8 miles. If Hold soon will sell everything on tlio furin including 11 cattle, 11 liorsen nnd mules, 17 hogs, farm muuhincry, implies, oic. 100 acres well feneod with galvanized wire. Ap ply nt once to tho Una Cxxjud Chiki', Hod Cloud, Nebraska. To Our Subserlhors. TiiKCiiiF.Khasa lare amount of mon oy etauding out on snbseriptlon which we need badly nt thin time, Borne of it line been outstanding for two or more yonrs. Now we need it and hope our subucnbers will remit promptly. At this time when money is close tho payment of it dollar or two from those who owo would boot much advantaga to tho publisher. Respectfully, A. C. Hosmeb. A Free Oiler. Tin: CiiiEr takes pleasure in iinnouno inn that it will (.end Tub Ciiiek ono joar to every conplo that guts married in Wub etor county from tho iirst of September lS'JH, to tho first of September lH'Jt, free of charge, provided that they will send in thoir names to this onice. It makes no Ciffcrcnco whether they nro rich or poor, uhlte or black, or what, nil that is required is to send tho nnmes in to thiu olllco with post oflleo uddroBS nnd bo married in Webster county. NERVOUS DEB9LBTY cured by the use of AVER'S Sarsaparilla Tones the system, makes the weak strong. Cures Others will cure you. IS AS SAFE AND a. Flax Seed FoTLltloe. It la applied right to tho porta It cures all dlsoasoa of womon. Any lady can uso it horsolfi Sold by ALL DRUGGISTS. Mailod to any address on rooolpt of $1. Dr. J. A. McGM & Co., 3 and 4 Panorama Placo, Ohloagp, UL sam m m m m mmmmmmmmm mig H Ae would call 23 r- Your attention to the m Largest and most complete .stock of S. DRIJ OS S In the City, rg m -e Also Wnll Paper, PiiIiiIn and OH, Stationery, Pocket J g- Knives, Itir.ors, iinil Notion ol' all kliuN, -j 2Z Our prices arc the lowest and wo guarantee satisfaction. J Come and sec. Is C. L. COTTING. 2J a m in in in imuuuu mmmim It Should Ho in Fvery IIounc. J. D.Wilson, 371 Clay St., Shnrnbunr Pn., says ho will not bo without Dr. King's Now Discovery for Consumption, Coughs nnd Colds, thnt it on red his wife who was threatened with Pnoamonia after nn nt tuck of "Lo Grippe," when various other remodies nnd sovornl physicians bad dono hor no good. Robert Harbor, ot Cookx port, Pn., ehilniB Dr. King's New Discov ery has dono him moro good tbnu any thing he ovor usod for Lung Trouble. Nothing liko it. Try It. Tree Trial Uot tlosot C. L. Cotting's Drug Storo. Largo uoities, cue. nnd $i.oo. SHE OF THE POWDER PUFF. IUUei Kenrrtlnn In tho MluU or tho Young IJriiRrii't. A handsome youni; I (roadway drug gist was In a talkatlvo mood the other day. "Women nro queer creatures," bo said, with a reflective smllo under his mustache. Ho pointed to a lnrge assortment of tollot articles temptingly arrayed. There wcro powder boxes and rouge pots and the llu'llest of puffs. There were rainbow rows of perfumes und toilet waters. There were sulvc.s'of till sorts and tonics galore. In short every thing that the care of the feminine face and form could crave. Tho hnndsoino young druggist lifted a box of powder. 1 ts shape was clearly defined in tho undisturbed dust Which had drifted upon it. "They don't buy 'cm," ho sniiL "Not at all?" "Oh, sometimes! Itut, you see, I bad an idoa that women simply bathed In perfume, put hair tonic in tho shower bath, and was practically clad in cold cream and powder. As soon as I saw a woman coming in tho door I headed for tho cosmetics, in order to meet her on tho bpot I felt suro she would .se lect" "Well?" "'Twas tho wrong move, lly tho time I fetched up behind the powders and perfumes, tho woman was leaning over tho counter down there, and either nnother clerk mado tho salo or else I had to meekly cliasso back." "And what is that counter?" "It's the medicine counter, and about nlncty-nlno out of one hundred women who come thero want a nerve tonic. Sick or well, thin or stout, old or young, their ono cry is nerves! Perhnps, be ing a man and therefore an animal, said by women to bo totally lacking in nerves, I may be a triflo skeptical, but, upon my word, I don't tnink half of thcin need a nerve tonic any moro thau they need two tongues! "If you want to mako your everlast ing1 fortune, why, Invent a new ncrvo tonic. They all go with a rush. We have ono patron, a good, strong wom an, whoso only ncrvo troublo is thnt she thinks sho has nervo troublo. Kho has tried every remedy wo linvo in stock. Her system ought, by this time, to be perfectly callous to any new coin pound, but 1 have just sold her a bottli of tho present fa.shionablo nervo soother. Sho litis a pillow of dried poppy (lowers, another of hops, an other of balsam, and so on and on. "To-day, for tho first time, I sold her a box of powder. Sho says it will last her thrco years. She doesn't believe In choking up tho pores of the skin with all sorts or mubh.li."' "Quito right!" "Yes, but she'll choko her entire I ternal arrangement with nnv sort decoction which boars the magical li scriptlon: 'Xervo Tonic.' Women ar certainly queer creatures." And tho young clerk sighed ns h put tho despised powder box ba.)k o tlio shelf. X. Y. Sun. Tor ale. A Wobotor cnuntv fnrm. of KiO ncred with woll finished franio Iioubc, Bttiblcl ttu iicres fenced in to pnsturo, ovor .1 bend of cattle, over 10 Iiol'h. ovor aC IuibIihIh of corn; olfor ull for it short tuiJ i..r t no siiiuii buiii oi KJ.IUU. A Rfro NMlMii eiuarii. nnn.resldo.it defendant pruirio furin of KiO nurea with no infmnre lieit-iv liotnirti tlint on thci ' ifiiii id.! Jf provemontH, prico 81,050. 80 neros I ''i"'",,"' .'', IS'Atlio iiiiitorsiRiind plaintiff nted Towel county. Kiiiibiih, $1,100. 80 ncif," '.'r i,' iVm If'-Ii .i)1 1'.m'W'J'l N'f '"; p 'oved Wabatur county furin of 100 ucrr1'" "' "''"diiti; dltiuco, and cIiiiiiko l.er ii.um nr'eo "OOo- (Ivoitop O Vrim-ii iJri.'."1 """'li t' Hon. !-,:,l fM 7,ii V..I. ' Ii.Y"" I,,u "'"Piute required to niuwersald no- uocl Clotul.iel' llllon on or lieforo MoiiiIhv. tlio .TOIIi dry nt (ii. wi.nn i nt...' ;..' i teiA?ft.f!r.al''.!L'V. ! !. ." ....u.iiii.inviivuuunuiniiim '"it T ' """ llre oi uivorco rciiuoreu nc 1 10 L'anka Iioubu. 81.00 per day. yordlnly, o y iiiL'oiiiieuuoii, uy utr uio uiobi pi tint placo iullivct ton, HARMLESS AS fnot that wo have the BOOKS 1 'turn rrcCAr PENMAN nAS THI A nice Hue of Jewelry, Diamonds, Chains, Rings, Bracelets, Scarf pins Cullf and collar billions, neck cliulns, laec plus Ntlek pins, charms, etc. I'latPiJ ami liolM slUoruure. eonvenlr spoons, leii;li.imllcdkiilct mid forks. c.irliiK sets, callliiKf.inl cases, lion boil lioxrs nnd other mncltli". A lino llnent snocMcles ami i-jo Itlnsst", w 111 IntiTdiiiiiKalilaloimes. steel, nickel ) J',,!;'","1,11,0'1 .tt',,"": Wpeclnl ami careful at tenllon imIiI to lltlliiK tlio ojo. My lino of -1 it lianil watches Is (1ulto iiiKe. I wllf run them oft at less Hum tlirlr actual worth. l-liriiiKourv,iioli.rlork and Jewelry re- auuYl7cr'tMn.re?lll;r,lV,,,,: ttCa ,0Ur oW Ul",, Henry C'r,ok'n Drug Store. RIGHT'S DISEASE ' AND OTHER DISORDERS OFTHE KIDNEVS CAM DE PERMANENTLY CURED BV USING DR. J. I), MCLEAN'S LIVER ANQ KIDNEY BALM. It U a earo and unfailing romedy for alt Kidney Troubles, Liver Disorders aud Fenialo Irregularities. Trice Ono Dollar 1'cr Bottle. ttio Dr. J. ii. McLean Mcdlclno Co., 6T. LOUIS, MO.. BOLE PROPRIETOR! Non.resldciil Notice. ItKliurrA (Innnir. by Chakkv & ciiArriN, her attorueya. N( wmwMM MH.'ft ' n.t7y,tw, ifcewsjsrar UMms ".M Svgfiettuftk I- ' iA.eeitMBBM om lePBMPBsBBPPPMWeBlaT1! iM8.-JU '-3fflCtlg5l