The frontier. (O'Neill City, Holt County, Neb.) 1880-1965, November 05, 1896, Image 3

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    A FINANCIAL FLUBBY.
ONE HV-'MDRED PER CENT FOR
CALL FUNDS.
• M Stringency in the New York Market
Dae to ('neuslneiis Over the Election—
Increased Demand for Gold'and For*
*•*« Exchange — Talk ot Clearing
Certificate*.
High ISatee for Money.
^Ew Yoitic, Oct. 30.—Wall street to*
*la.y experienced an ante-election twist
d> the money market which precipi
tated lively selling of stocks and caused
a loss of most of the advance in prices
■which lias occurred during the past
few days.
It has been evident for several days
post that a good many people were
taking steps to protect themselves
against the effects of a free silver vic
tory if liryan should win in the elec
tion Tuesday. This tendency showed it
self in several ways. There was an
increased demand for sterling bills
•of Ijondon, a greater inquiry for
“calls" «>n gold and a growing demand
for gold to hoard. Hankers have felt
this movement through a loss of de
posits. and they have been compelled
to withdraw more and more money
from the call loan market. For several
days call rates have ranged rather
high. To-day they were bid up to 50
per cent, and later np to 100 per cent.
There were no great amounts loaned at
the higli rates, and comparatively little
excitement was stirred up by the ad
vance, as it was in a measure antici
pated.
iuii ic uiapuimiun uuw iu
fcsdgc against a possible free silver vic
tory than there has been at any time
since last .summer, when, as a result of
the transfer of funds from this country
to Europe, gold was going out in large
amounts The action of the syndicate
of foreign bankers in attempting to
stem that movement, and the favor
able turn in the trade balance a little
later, which brought large sums of
Ifold to this country from Eu
rope, had the effect of quieting peo
ple's fears-, and since then, until this
week, there has not been much
uneasiness over the election. Hut the
feeling has broken out again in the
last few days. Bankers here antici
pated it and prepared for it as well as
they could. But bankers everywhere
in i. country did the same thing, and
Ois-.vithdrawa! of funds from here by
interior banks lias prevented any great
accumulation of cash here. It is well
: known that many Viank3 in interior
cities are carrying a cash reserve of
fifty to seventy per cent of their de
posits. This sort of thing has kept the
cash reserve^ here at a very low point
and compelled extraordinary conserva
tism on tiie-part of New York banks.
The drain of money to the country lias
been to great that practically all of the
860,000.(Kill which have come from Eu
rope have gone into the interior. Much
of the gold itself went into the treas
ury, but the currency obtained in ex
change went west and south.
The nominal, broker's premium on
gold to-day was per cent. A
number of reputable lirms are selling
“calls” or, gold, good thirty to ninety
days, at Hal >4 per cent premium.
There was a good deal of talk on the
street about a probable issue of clear
ing- house certificates, but it does not
come from an authoritative source.
STUDENTS’ PRANKS.
Kansas State Normal School l’ainlcd bj
Mischievous Yountt r.ten.
Em: v. Kail., Oct. .‘30.—Every stout
sidev ... every entrance, the stout
skip.-,, even tile famous Kansas World's
Eair fountain, .which sets in the campu:
of the Kansas State Normal school
early yesterday ihorning were dis
covered To be decorated in two or threi
shades of paint.
Most of the decorations consisted o'
such phrases: “Hurrah for Bryan,'
“l'». 1." “McKinley’s not in it."
A very well executed picture of a
donkey, labeled “McKinley.” occupier
the entire walk in front of the mail,
entrance. Who the artist, or artist:
were, is a mystery!
Tile Bryan elul) boys say the McKin
ley boys did it in order to put the
former in an embarrassing position.
H. be Miller, president of the Bryan
club, railed a meeting of his club, tint!
bad some resolutions passed denounc
ing the act of vandalism and pledging
the aid of the society to discover the
author and prosecute him to the i'uP
extent, of the law. I’resident. Taylor
fiays.he will prosecute the guilty par
ties if discovered.
EGG THROWERS EXPELLED.
The Chicago Youths Who Assaulted Demo
crats Host Stay Away From School.
Chicago, Oct. 30.—Louis .1. Hanchott
end CLauneey ,C. Foster were expelled
to-day from the business college at
which they were students. They arc
the youths who threw eggs at the
Democratic escort of Mr. llryan Tues
day and who were r; leased liy the
police yesterday at Mr. Bryan’s request.
Xeither of the students were present
when Principal O. M. Powers formally
announced the expulsion to the t'.'io
students of the institution. The ail
nouneeiuont was received in silence.
Kohbory leads to Suicide.
Dknvki;. Colo,, (let. .10. —John I!.
Long. a cattle dealer and Mason of
Plcasa ntville, Iowa, committed suicide
in a room at the Oxford ho lei yester
day by shooting himself in the* head.
In a note which he wrote to the clerk
of the hotel, he requested that the po
lice be notified that he had been robbed
of three drafts of $1,000 each.
land For Ilryan’a Campaign Fund.
Chicago, (let. 30.—IV. M. lloyt. of
the linn of \V. M. Hoyt & Company,
importers ami wholesale grocers, pre
sented to Mr. IJryan yesterday a house
and two lots in Lincoln. Neb., in lieu
of cash contribution to the eanpaign
fund. In his letter. Mr. lloyt scored
tire gold standard, and declared that
although he is rich in real estate, lie is
poor in cash. Mr. Bryan turned the
deed over to Chairman Jones, who will
sell it and put the proceeds into the
Democratic campaign fund. The prop
-•rty is worth about $18,000.
31SMARCK MAY GO TOO FAR
The Prince Warned Mot to Disclose
Why He Was Dismissed*
London, Oct. 110.—A special dispatch
from lierlin says that it is understood
there that the proposed prosecution of
Prince Bismarck's organ, the Ham
burger Nachrichten, for publishing
state secrets, has been abandoned out
of fear of the harm such a step might
do to Germany's foreign policy. Should
Prince Bismarck, however, publish the
circumstances under which he resigned
office, the government will, it is de
clared, be forced to act, and it is said
will probably treat Prince Bismarck in
the same manner that the latter
treated Count von Arnim.
Count von Arnim was arrested in
October, 1874. and confined in Berlin
for refusing to give up docu
ments sent to him as ambassador.
On account of illness ho was re
leased on bail some three weeks
later, but was again arrested, tried in
December, 1874, convicted of making
way with ecclesio-politieal documents,
acquitted of other charges, and sen
tenced to three months’ imprisonment.
He appealed, was tried again in June,
1875, and a verdict was rendered con
firming the sentence. In November of
the same year it was rumored that ho
was to be prosecuted for treason in a
pamphlet entitled “Pro Nihilo," pub
lished at Zurich in January, 1809. In
May, 1881, ho died at' Nice, as a result,
it was said by Prince Bismarck's ene
mies, of the persecution to which ho
had been subjected by the chancellor.
FOR EGGING MR. BRYAN.
Two Students Arrested, but Released
■When Mr. Rryan Requested It.
Chicago, Oct. 30.—Chauncey I'outes
and L. ,T. Ilanchett, two of the four
.students of the Metropolitan Business
college accused of having thrown eggs
at W. J. Bryan and Mrs. Bryan during
the parade Tuesday, were arrested by
Detectives McCaffrey and Fay, who
were working on the case. The two
boys are the sons of .well-to-do South
side families. Later in the day Foster
and Fanchett confessed to Chief of Po
lice Badenocli that they had thrown
the eggs.
Thomas Gahan, chairman of the
Democratic county committee, received
the following letter from Mr. Bryan
regarding the matter:
“Dear Mr. Gahan: I wish you would
ask for the release of the boys arrested
for throwing the eggs. 1 am sure it
was an act of thoughtlessness, and
their arrest has doubtless been a suf
ficient lesson to them and others.
Yours truly, W. J. Bryan.”
Late in the afternoon the chief of
police was compelled to release the
two young* prisoners; as after Mr.
Bryan had written his letter asking
for their release, it was evident that
there would be no prosecution if the
prisoners were arraigned.
Before the prisoners had been re
leased, word was received from both of
their families that the law could take
its course, as no part in the defense
would be taken by any of their rela
tives.
MESSAGE FROM M’KINLEY.
Upholds tho endorsement of a Gold
Standard Democrat by Republicans.
Kkw York, Oct. 30.—A message from
William McKinley was read last night
at the meeting of Republicans of tho
Eighth Congressional district in sup
port of the candidacy of John M. Mit
chell, naiional Democrat for Congress.
It read as follows:
“Canton. Ohio, Oct. 30—A most com
forting reflection these exciting cam
paign days is the fact that as never be
fore in years partisanship is hushed in
the common cause to maintain the in
tegrity of our financial system and to
overwhelmingly defeat even a sug
gestion of repudiation. I applaud the
patriotic impulse animating those tak
ing part in your meeting.—William
McKinley-’’
FARMER’S DEED
Domestic Troubles Cause a Serious Double
Shooting and Suic'dc.
McPherson, Kan.. Oct. 30.—Sher
man Rowland, a prosperous farmer
who lived five miles south, quarreled
with liis wife till she came here to live.
Whenever he came to town he would
take his meals with her. Yesterday
she said she was going into the coun
try to visit relatives, but he objected,
whereat she called in Marshal Wolf to
protect her. Rowland opened lire-and
each of the others received a bullet in
an arm. Wolf shot Rowland in the
back, but the latter mounted his horse
and started homeward. Three miles
from town Rowland's corpse was found
with a bullet in the head, which Row
land had put there himself.
Iiig Audiences For Bryan.
CTw.Uio. «ct. 30.—Yesterday after
noon Rryan spoke to the ladies in bat
tery I). armory. The crush was even
greater than that of the noonday
meeting and many women fainted.
Thousands were unable to secure ad
mittance. 'Pile nominee's appearance
upon the stage was greeted with a
mighty shout of applause. Hundreds
of ladies in the audience had small
American Hags, and as they cheered
they waved the flags in unison, .lust
as Mr. Rryan was about to begin his
address he noticed a large number of
men in the windows on the roof of the
building, and fearing danger, lie de
clined to proceed till the roof was
cleared. His speech was on the lines
made familiar by him on previous oc
casions. and was in the main a general
discussion of the financial issue. lie
made in all ten speeches yesterday.
Blackburn Bitterly Attacks Carlisle.
Owensboro, Ky., Get. 30 —Senator
Blackburn, who is following Secretary
Carlisle over the State, said here yes
terday that Carlisle had declined to di
vide time with him. thereby proving
the possession of more prudence than ]
courage: that the Secretary did not 1
even try to tell the truth, and ttiat if
the latter's statements had been true
Carlisle should be in the penitentiary i
instead of at the head of the Treasury. '
The speaker said that the Congressmen
of 1873 ought also to be in the peniten
tiary. ' I
GUNS FOR THE NAVY.
Ordnance Bureau Reports Progress
Much Work Done.
Washington, Oct. 28.—The annual
report of Captain Sampson, chief of
the naval ordnance bureau shows that
a great deal of work has been done
during the last fiscal year toward the
armament of ships of the navy. Up to
date the bureau has built 450 guns of
large caliber, has 80 partly completed
and has condemned only two. All of
the six inch guns on hand are to be
converted into rapid firing guns as
soon as funds shall be available. The
appropriation of §250,000 for reserve
guns is being utilized to construct
two 8-iuch, two 12-incli and two
12-ineh guns and these, with those
previously authorized, will supply the
needs of the naval service for somo
time, leaving the only appropriation
needed for guns to arm the auxiliary
cruisers. Much difficulty has been ex
perienced with brown powder in the
large caliber guns and an escape from
this by the introduction of smokeless
powder of this type for the use of the
smaller calibers is now being made and
it will be issued soon for all calibers up
to six inch.
A large number of five and six inch
projectiles is still needed and the bu
reau strongly urges that it be author
ized to require a reserve store, as the
projectiles improve by the lapse of
time.
During the past year 2,263 tons of
armor have been delivered, of which
081 tons were reforged plates. The
deliveries under the old contracts have
been completed and the makers are
showing great activity in taking up
the work on the new plates, so that it
is predicted the construction of the
new ships will not be delayed for want
of armor. The two armor companies
now claim a total annual capacity of
8,400 tons of armor.
The department has inspected and
classified as auxiliary cruisers nineteen
American steamers on the Atlantic
coast and nine on the I’acific coast.
Those will require forty-six 6-inch
guns, twenty-seven 5-inch, 104 of the
4-inch guns, fifty-four of the 6-pounders,,
eight of the 1-pounders and 112 ma
chine guns. The estimates for the
next year aggregate 89,104,620, the
largest item of §7.720.790 being for the
armament, of vessels authorized.
FUSION IS OFF.
Washburn and Jonea Have Quit Trying
to Get Together.
Chicago, Oct. 2S.—Cl. F. Washburn of
Dio I’opnlist national committee, who
returned from Georgia yesterday, de
clared in an interview last night that
fusion negotiations between Senator
•Tones and himself arc off. He said:
“There were a few States where fusion
was pending and we were trying to
consummate arrangements. When I
visited Georgia I saw that it was vitally
essential that all complications should
be adjusted at once, that the solid vote
of the middle-of-the-road Populists
might be secured for Bryan. While we
■ e o arranging these matters, it was
Hashed over the wires that the Georgia
and Tennessee Democrats had rejected
the overtures made by the Populists
and adjourned without making a coun
ter proposition. As these two States
were involved in our arrangements this
action rendered it impossible for us to
continue negot'ations.
Silver Drafts Unhonored.
Xmv York, Oct. 28.— Ilenry W. Cor
nell. a lawyer and a son of ex-Governor
A. B. Cornell, has been arrested at
Dobbs Ferry, charged with grand lar
ceny. He says ho was appointed,
August 25 last, secretary of the New
York State branch of the silver party,
and called a convention of silver elulis
of tlie State to be held in Buffalo. He
says he drew drafts for $425 to pay the
expenses. These drafts were cashed
by John .1. Clary of Buffalo, and the
proceeds were paid out for expenses.
Clary found the drafts worthless and
made the complaint against Cornell.
Cornell says he will easily clear him
self of the charge.
Mistook Ilim for a Turkey.
Ik. Ill: no, Okla., Oct. 28.— N. O.
Crump, association cattle inspector al
Darlington. Indian agency, four miles
west of El lleno, was accidentally
killed by David Bruner at daylight this j
morning. Bruner and Crump had gone I
wild turkey shooting, and when the
•Jock scattered Bruner shot at what lie
supposed was a turkey. It was the
head of Crump, and the shot took ef
fect in tilt: center of the forehead. !
Death was instantaneous. Cruinj
leaves a wife and six children.
Ave:j”(',i a Daughter's Wrongs.
KiciiMoND, Ivy., Oct. S.—Amanda I
.Tamos, the lii-year-old daughter of'
Charles .lames, a fanner, was lareil
from her home near here last night, by
.lake Garrison, a neighbor. The girl's
father pursued the couple, and. eora
ing upon them in the woods, emptied
the contents of a shotgun into Garri
son's breast, inflicting a mortal wound,
.lames then came to town and sur
rendered. All the parties are well-to
do neoole. __
TnlU to People of Missouri.
< mcAtio. (let. MS.—Arrangements
have been completed by the Repub
lican national committee with the dif
ferent trunk lines running west from
St. Louis to send special trains to-mor
row lor u tour of Missouri, under the
management of tile Commercial Trav
elers' clubs of St. Louis. Each train
will have twenty men, selected from
the clubs, and live speakers to make
addresses at the appointed stopping
places on the different routes.
Iowa Defeats Hannan.
Io.va City. Iowa. (let. US.—1The West
ern Intercollegiate Football League
season opened here yesterday, and the
l niversity of Iowa team defeated the
Kansas university eleven by a score oi
I', to (I _
Postmaster Short.
lopF.ikA. Kan., Oct. t*S.—Postraastei
Wesley Abrams of Marion, Kan., is
S'-’L'.tiT short, the sum lias been paid bv
bondsmen and the office is in charge ot
Joseph Deal. It is thought that Al>
rains was careless rather than crim
inal.
JJeward for the Ilnudlts.
JrtFrKRSO.s City, Mo., Oct. t’8. —Gov
ernor Stone tliis morning wired his
secretary, Kim Winston, to offer a re
ward of S'.’OO for each of the robbers ‘
who held up the Chicago &. Alton train
near Kansas City if sent to the peni-1
tontiary anti $300 each if sentenced tc i
death. j
1 “Silver is a rich man's money—that's
tny experience in Mexico.”
The speaker was a well built man of
middle ago or slightly past, with n
complexion which gave evidence of ex
posure to the sun. He spoke In a quiet
.one, but in a voice which was decid
edly positive. A News reporter drew
l!is chair nearer to the cloud of smoke
which hovered over the little party
gathered in the office of the Grand
hotel and was introduced to the speak
er, who proved to be Captain P. A.
Hyatt, a river and harbor contractor
-veil known in the southwest. He has
had five or six contracts at Sabine Tass
in the last few years and also helped
build the harbor at Tampico, Mexico.
He came to Galveston from the City of
Mexico a few days ago and. fresh from
;he land of silver, was being eagerly
questioned by a little coterie of friends.
“I believe 1 heard you say that sil
ver was a rich man's money?” half
queried the reporter.
"Yes. sir,” replied the captain, “that
is my experience in the Mexican re
public. The conditions in Moxico are
| very favorable for capital, but God
help the moneyless man who goes
down there as a wage earner. Several
things now contribute to the prosperity
of Mexico, but the foremost is the fact
that they now have a stable govern
ment. Capital is going in there from
ail points of the world to develop her
resouicee.”
“You say stable government. What
do you mean by that?”
“Why they used to have in the neigh
borhood of 100 revolutions a minute
down there. Under Diaz, howcve \ Uuy
are now peaceable and are developing
their country by encouraging homo in
dustry through a high protective tariff.
Capitalists are therefore wili'ng. to
risk thc:r money In permanent invest
ments.’
"If a sil- cr country Is so prosperous
told me that on an expenditure of $22,
000 he put out $850,000 worth of silver.
The highest wages paid silver miners
is $1 per day for experts. The average
price is 50 cents per day. This is in
the northern part of Mexico, where
Improved machinery is to be found in
the mines.
"In the City of Mexico I found the
best stone and brick masons getting
$1 for a day of twelve hours, and they
have the finest sort of workmen down
there in that line.
"Not one in ten among the laboring
men sleeps on a bed. There is a duty of
$11 on a $5 mattress.”
Captain Hyatt employed 1,500 men
at Tampico for several months and is
In a position to know what he is talk
ing about. During that particular per
iod, which was in about 1891, silver
went up to 92 cents owing to legislation
in the United States, but declined be
fore he completed his contract, and he
made his profit on the decline. The
fluctuating currency made contract'
work quite a speculation.
"How about Iqoard in Mexico?” was
asked.
“The Mexican government hns sold
one hundred millions in gold bonds,
but is now issuing all its bonds in sil-'
ve-r and on a silver basis. Five per
cent thirty-year bonds now bring 75
cents. At one time they were up to 85
cents. Why they have fallen I do not
know.
"The Mexican government is holding
a high protective tariff partly for reve
nue and partly to encourage manufac
turing in their own country. A conces
sion which was recently granted shows
the progressive spirit of the govern
ment, and I am glad to say that I had
something to do with it. Any head of
a family going into Mexico who takes
with him $500 or over in Mexican mon
ey can take all his farming Implements,
be worth Just what the silver dolI&D
is worthy But we are told by the Bry-f
anltes t5at we will have both gold an<|
silver In circulation under free coinage^
This is simply an assertion without 4
particle of proof. They do not refer*
to past hlBtory to sustain this asser-f
tion. There is a good reason for not)
doing it, for history does not furnish
such proof. Eighty-one years of fred
coinage in this country has proven thatj
both metals will not circulate side bjf
side. We had silver monometallism
from 1792 to 1834 and gold monometal-*
lism from 1834 to 1873—because the sil-j
ver in a silver dollar was worth less
than the gold in a gold dollar from
1792 to 1834 and because the gold in the
gold dollar was worth lees 1834 to 18731
than the silver in a silver dollar, the
cheapest dollar in each case being the
only money in circulation. With all
this past experience, with the experi
ence of the world against gold and sil- *
ver circulating side by side under free»
and unlimited coinage, the Bryanite#
assert that the impossible will happen.,
Do you believe the best interests off
the people of this country demands!
that we should adopt this wild theory,
that experience for hundreds of year*
past has proven to be absolutely false?
Do you want to debase our currency;
destroy the credit of this great nation,
and take a backward step instead of
going forward to greater, prosperity
and civilization? If you do not;
then vote for McKinley, protection and
reciprocity.—Benton (111.) Republican.
Bryan Buttons,
If the sale of campaign buttons M
any criterion, it is safe to predict that
this city will be overwhelmingly in:
favor of McKinley in November. Ini
years gone by, the difference between
the sales of republican and democratic
buttons has been so slight as to be
scarcely noticeable. This year it Is dif
ferent. “It hardly pays to keep the
Bryan ones,” said a button vender
when asked for a report of his sales.
"Just watch the people come along
now, and you’ll see for yourself.”
Just then n customer stopped in front
of the little easel on which the but
ton^ were displayed and began making
MR. BRYAN—"WHY DON’T YOU FELLOWS HELP?"
I suppose you are a free silver man?"
“Not on your life,” came the reply so
quietly that the reporter was stagger
ed for a minute. “Let me explain,” he
continued. “Last year over 55.000,000
ounces of silver were mined in Mexico,
but a large proportion was shipped in
bullion and sold in foreign countries
for gold. The government imposes
a tax of 4% per cent on all silver mined,
that is, 4% per cent of the output of
Mexican mines goes to the government.
After this 4y2 per cent 1b paid, coinage
is free at the Mexican mints, but the
bullion is now worth more than the
silver after it is coined.
“The decrease in the price of silver
has not perceptibly changed wages in
fdexico, so you see it is the laborer who
pays for this reduction. He gets the
name number of dollars and cents, but
the purchasing power of these dollars
and cents has visibly decreased. The
profit on all products raised for sale
in foreign countries’is greater than be
fore by reason of the labor which pro
duces it being paid for in silver, while
the product is sold for gold. Do
you see the point? It is this difference
between the cost of the labor in silver
and the return from the foreign mar
ket in gold that puts money in the
pocket of the capitalist.
“Now see how the wage earner is af
fected when it comes to imports; an
article is imported by a merchant at a
cost of say $1 in gold. That article
sells for $2 in silver plus the profit
which the dealer puts upon it as his
commission for the handling. The
wage earner thus pays double what he
would pay were he receiving his salary
on a gold basis.”
“And wages—how do they compare
with wages in the United States?”
“Well, the common day laborer gets
from 35 to 50 cents per day in silver.
On many of the haciendas or sugar
plantations the pay is 25 cents per day
and the laborers feed themselves. The
foreman or manager of a sugar planta
tion not far from Galveston gets $225
per month on a gold basis. I was on a
hacienda of exactly the same size in
Mexico where the foreman has 300 men
under him and he received 75 cents a
day on a silver basis—this when 75
cenis in silver is required per pound
for ham and when bacon sells for 55
cents per pound. Why, I took a meal
with an American holding a responsible
position down there and when his wife
served me with ham and eggs she
commented on the fact that she was
giving me a great luxury for Mexico.
“Did you see anything of silver min
ing down there?”
“A little. I talked with an American
superintendent of a silver mine. He
household goods and stock for his farm
free of duty, and he will be exempted
from state and federal taxation for ten
years. The object of the concession is
to get American farmers down there
who will teach the people of Mexico to
farm.”
“To what do you attribute the so
called prosperity of Mexico?”
“It is due to the liberal inducements
to foreign capital and to giving them
an assurance of good profit at the ex
pense of labor. Silver is a speculative
commodity. It is the rich man's money
because the wage earner can never get
enough of it to speculate with.”—Gal
veston News.
Labor is one of the best measures of
value. From 1860 to the panic (demo
cratic free trade panic) of 1893 wages in
this country have advanced 58 per cent
and their purchasing power about 72
per cent as measured by a gold basis. 1
If gold has advanced as claimed by
the Bryanltes, one hundred per cent,
then wages have advanced one hun
dred and fift.y-elght per cent. Gold has
not advanced. It has been more stable
than any other commodity. It is the
best money metal the world has ever
produced. All the leading nations of
tho world have so declared.
The people have been solving tne
money question for over 600 years and
they have settled it in favor of gold as
the basis, because two metals cannot
be used at the same time, and gold is
preferable to silver because the people
prefer it, and they prefer it because
its value fluctuates lees than silver, be
cause it is over thirty-two times lighter
than silver and therefore thirty-two
times more convenient than silver as
a bt'jlc metal. To change this you
must change the minds of the people of
the leading nations of the earth, and
that is a bigger job than the Bryanites
can possibly perform. With gold as
the standard we can use a largo
amount of silver, as we are now doing
and make them both circulate side by
side as they are now doing and as they
will continue to do under our present
financial system which the republican
party is pledged to maintain.
With silver as the basis, we could
use no gold, as the history of all nations
prove, and our stiver dollars of 412>£
grains standard silver would have a
purchasing powet according to the
present market on silver of about 50.12
cents and all paper based thereon, as
all paper money would be based on
silver if that was the standard, would
| an examination ot the different varie*
ties.
"That's the one for me," he said,
dropping a nickel in the vender’s hand
and picking out the little American
flag which is seen in so many button
holes.
Shortly after another purchaser
sauntered up and picked out a gold
bug.
“That’s the way they go,” the ven
der continued. "I haven’t sold a Bryan
button to-day. Generally I sell ten Me.
Kinleys to one Bryan.”
“What’s this the emblem of?” asked
a man who had Just stepped up. The
button at which he pointed had a large
rose painted on it. The salesman gave
one short glance at 'he questioner, and
then said: "That Oh, that’s the Pro
hibition emblem.”
“That’s my button,” said the man.
And he bought it on the spot.
“I only said that,” the button man
continued, “because I wanted to make
a sale. The button he bought just now
really means that the owner’s on the
fence. It’ll just suit a Prohibitionist.
Doesn't pay to keep their bfeTcons.”
The button business has been profit
able this year because of the recent
craze for the motto buttons. This, to
aill appearances, is dying out, and the
venders are looking forward to an In
creased sale of the campaign buttons.
The favorite one of these seems to be
the little flag, but the gold bug also
comes in for a considerable share of
popularity.—New York Sun (Dem.).
' The Boomerang Han.
O, there was a little man
For the Presidency ran,
And his speeches they were very full
of lead, lead, lead;
And he took his little mouth
Thro’ the East and West and South.
And he shot his little speeches from his
head, head, head.
And the speeches made a hit,
There is no denying it,
For they flashed around the earth, they
did, alack, lack, lack;
And, returning, smote the man
Who for lofty office ran,
In the middle of his pretty little back^
back, back.
And they took him to his tomb
In the midst of awful gloom.
And a deep and solemn dirge his party
sang, saug, sang;
And-the world said, “There’s no doubt
He has knocked himself right out
By hl3 careless handling of his boom
harangue, rangue, .rangue!”
—Join Kendrick Bangs, in Harper’s
Weekly. *