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About Plattsmouth weekly herald. (Plattsmouth, Nebraska) 1882-1892 | View Entire Issue (Dec. 17, 1891)
7 The Plattsaouth Herald. KNOTTS BROS. Puljli ihers PutMsh1 evtry Thursday. nnt ilil'y pvitJ nenlnKexoi-ptnnlRy. KnUr.i hi t i- I'liUMiivMtli, N-'K l''""t- ifftcofor t-vmn i 1'iroii rli I' jii. inii.lft M second cUiK t.:i tmr einir Vine :uiJ iri T: ti tr-et. telephone .18. TKI1MH XOK WKKKI.V, Jne cnjiy, one ye;ir. In mlvanee f I M Jue copy, oii year, nut In attviuice 2 w Sue cony, mk inoiitlif. In advaiu-H 75 Sue copy, Hirer month", In advance. TKHMH roit UAILl 9tl8 COD OIIB f"M In lltV:HIPl fliOO )uecopy x'r week, by c:irrlcr hie copy, per moiitl" in tilt tlieir lie f;ir!v : 40 THURSDAY, I)i:ci;M!!KR 17.111, PRESIDENT HARRISON ON SILVER (iOVKkWMKNT k'lX'KII'TS AND K.V I'lAKI'ITk'IX Tlie ri-port of the Hecretary of tlie treasury show tliat Hit-total receipts of tin government from all Hoiirccs for the fiscal year ending Juno :!(), ISM, iwcre lfi:):t,-;Ji:U):i, while the expenditures for the name period were !fl'Jl,:i(il,17il.n, leaving a nnr plus of fW,2:!!,7iV,..")7. The receipts of the lineal year ending June HO, lS'.rj, actual und estimated, are I IXt, 7iH),(KK, and the expenditures lH), DtH),(XN). For (lie lineal year ending Juno :), lS(t;i, the estimated reeeiptH ' are $!.", ;!.","."' , ami the expendi- lire $4:0, ir2,()i:i. A WOKI TO li MILVKK MKN. I'nder the law of July 11, lM'.K), the Kccrelary of the treaHiiry has purch ased (since August 111, during the fiscal year, 4S,:t(.,'),li;j ounces of sil vrr bullion at an average cost of Sfl.OI.") jer ounce The highest price paid during the year wan 11.-025 and the lowest $0.!Hn(l. In exchange for thin Hilver bullion there have been issued if.lO,."!),!'. of the treasury notes authorized by the act. The lowest price of silver reached during the fiscal year was fO.'HUO, on April 22, ISiil, but' on November 1 the market price was only ifO.M, which would give to the silver dollar a bullion value of 7l i cents. Jlefore the influence: of the pros pective silver legislation was felt in the market Hilver was worth in New York about $0.1)"." per ounce. Tht ablest advocates of free coinage in the last congress were most cotili- ucnriu nun teuictton that the purchases by the government re ; i i .i . . jiureu oy uie law would at once bring the price of silver to $1.2!C9 per ounce, which would make the bullion value of a dollar 100 cents and hold it there. The prophecies of the anti-silver men of disasters to result from the coinage of $2,000,000 per month were not wider of the mark. The friends of free silver are not agreed, I think, as to the causes that brought their hopeful pre wicuuus io uaugni. some tacts are known.' The exports offsilver from London to India during the first nine months of the calender year tell off over 50 per cent, or $17,202. "ln ... i-o, compared wimi tlie same months of the preceding year. The export of domestic Hilver bullion from this country, which has aver aged for the last ten year over $17,' 000,11', ion in tlie last liscal year to f i:i,7(J7,a,.il, while, for the last time in recent years tlie imports of silver into this country exceeded the ex ports by the sum of $2,7453). In the previous year the net exports of mlver from the United States amounted to $8,515,555. The pro duction of the United States in uruseu iroiu .ni,if.ju,i ju, ounces in 1SS!) to 51, 5IKMKK) in IStJ. The irov etiment is now buying and putting nside annually 51,000,000 ounces which. allowing 7,1I0,CJ0 ounces of new bullion used in the arts, is 0, 1110,000 more than our domestic products uvailable for coinage. FAVOK3 A Tk'IAL OK EYIsTtNd LAWS. I hope the depreession in the price of silver is temporary and that a further trial of this legisla tion will more favorably effect it. That the increased volume of cur rency thin supplied for the use of the people was needed, and that beneficial results upon trade and prices have followed this legisla tion, I think must bejvery clear to everyone, nor should it be forgot ten for every dollar of these notes issued a full dollar's worth of silver bullion is at the time deposited in the treasury as a security for its redemption. Upon this subject, as upon the tariff, my recommendation ia that the existing laws be given a full trial and that our business interests be spared the distressing inluence which threats of radical changes always imparts. Under life of the coin dollars and paper representatives. Tlie that HiCfe power-" would !v ;i:i(l i:::!.csiti.tiily used has dour much to product- and sus tain the pres-cnt lavm n I 1 business condition1. KKKK COINAGE WOULD CAL'SK 1I ASTKK. I ntn still of the opinion that the free coinage of silver urder exist ing conditions would disastrously ali'ect our business interest at home and abroad. Ye could not hope to maintain an equality in the pur chasing power of the gold and sil ver dollar in our own markets, and in foreign trade the stamp gives no added value to the bullion con tained in coins. The producers of the country and its farmers and laborers have the highest interest that every dollar of paper or coin issued by the government shall be as good as any other. If there is one less valuable than another its sure and constant errand will be to pay them for their crops. The money lender will protect himself by stipulating for payment in gold, but the laborer has never been able to do that. To place business upon a silver basis, would mean a sudden and severe contraction of the cu rency, by the withdrawal o! gold and gold notes, and such an unse;- tling of all values- as would pro duce a commercial panic. I cannot believe that a people so strong and prosperous as ours will p'-oino e such a policy. THE MESSAGE. President Pan -sous message, presenied ,o congress luesday, discusses the topics with which (lie adin'n!s..r.i'ou has had to deal. with .he clearness, ability ami dig nity lor which its. author is noled Ilis discussio.i of the la -iff and sdver legislation is particularly important ns it outline the re publican policy upon those I've Is sues of the dry. We hcicwKh pre sent his views upon ihe ianil law enacted by the previous cong'-oss ITS lilTKL'TS (IV TIIK I'KOMMS.'f'TY of Tin; iT.orLi:. The general interest in the opera t oiis of the treasury 'department has Ivcti much augmented ..dung the last year by reason of. the con mcii'ig predictions wb'e'a accom panied ami followed the tariff. and other lcr sla ion .of the !last con gross affecting t'te revenue as to he re 'lilts of this legislation upo.i the tr'Msirry and upon the co.tutiy On the one hand it was co.iiented that imports would no fall off as to leave lb treasury bankrupt and that the prices of articles entering Into the living of the people would be so enhanced as to disastrously tilled thejrconiio t and happiness while on tne other il was u rented that the loss to the revenue, largely the result of placing sugar on the free list, would tea direct gain to the people; that the prices of the necssaries of life, including those most highly protected, would not be enhanced; that labor would have a larger market and the products of the farm advanced prices, wb'le the treasuty surplus and recoip.s would be adequate to meet the ap propnations, including the la'ire exceptional expenditures for the refund to the slate of the direct tax and the redempt'on of the 4'o per cent bonds. It is not my purpose to enter at any length into a discussioi of the effects of the legis'aaon to which I have referred, but a brief examina tion of the statistics of the treasury and a general ularce at the stale n. business the country, will, I 'Jink. satisfy any impartial inquirer, that its results have IMSAITOINTliD THE EVIL 1'KOPHKCIKS of its opponents, and in a large measure realized bc hone Till pre dictions of i,a friends. Rarely, if ever be'ore in the histoi of the country, has the e been a time when the proceeds of one day's labor or the product - of some farmed crop could purchase such a large amount of things that enter into the living of the masses of the people, r believe that a full test will develop the fact that the tariff act of the Fif.y-first congress is very favorable in its average effect upon the prices of articles enteriiur into common use. IMI'OKTS AND F.XPORTS. During the twelve months from October 1, IS'10. to Sent.-mi,..,. 1801, the total value of our foreign commerce (imports and exports combined) was J-1.717,HIV,4(H), which was the largest ofa.iy year in the history of the United States. The lanreM in any previous year was in existing legislation it is in the power of the treasury department to maintain that essential condition of national finance as well as of commercial prosperity the parity unusually large in antic pation of the tariff legislation then ponding. The average annual value of the iuiports of merchandise for the ten years from 11 to 1M-.I was $)'.i2,lsii, 522. and din ing the yorr ending September '., 1V)1, (bis annual average was exceeded by itCJ,., 4()t). The value of the imports during the twelve months ending Septem ber :, istil, was $1H,(02,:,,S7, more than the value of free imports dur-i ing the corresponding twelve! months of the preceding year, and there was during ihe same period a decrease of $10(.SiS.."ins in the value of imports of dutiable merchandise. The percentage of j merchandise admitted free of duty during the year to which I have reference, the fust under the new tariff, was 1S.1H while, during the preceding twelve months, under the old tariff, the percentage was 31,2(1, an increase of Y.i.Ui per cent. If we take the six months ending September HO, last, which covers the time during which sugars have been ndurucd bee of duly, the per cent of value of merchandise im ported free of duty is found to be .r)5.,s:t, which is a larger percentage of free imports than during any prior fiscal year in the history of the government. If we turn to ex ports of merchandise, the statistics are full'of gratilieatioii. 1 he whole of such expo- is of merchandise for the twelve month-) ending Septem ber Hi), KM, was .f'.C'H.OOi.blii. wlnle for the corresponding previous twelve inonMis it was SjO, 177.115, an increase of $02,01 1021. wlrch is nealy three fine the ave-age an nual increase of expo -is of merchandise tin ring any year l'n the lfsiory of the government. The increase in the value of e;:po 's of agricultural products duringthe year refei ed to over co -respond ing twelve . months of the p"ior years, was $I.,SU,1!7, wh-le the in- cease in the value of erois of manufaciu ed products was $lfy SHS,2() ThMKI) ANT) NOT FOUN r WANTING. There is cerlaiuh' nothing in fie condition of trade, fo eigu or do mest-c; tiie e is cer'a'nly noilfni- in the condition of our people of any class to suggest ihat the exist ing tariff and revenue legislation bears oppressively upon the people or retards t lie commercial develop. incut of the nation. It may be argued that our condition would be better if our tariff legisla 'on were upon a free trade basis, but it can not be denied that all the condi tions of prosperity and oZ general contentment are present in a larger degree than ever before in our hw- tory, and tliBt, too, just when it was propiiecied they would be in the worst elate. Agitation for radical changes in tariff and financial legislation cannot help, but may seriously impede business, to the prospet i.y of which some degree of stability hi legislation is essential. t think there are conclusive evi dences that the new tariff has cre ated several great industries which will within h few vears c-ive em- " B ployme.a to several hundrd thous and American workinginen and women. i ma M I ll'i t. U GEORGE W. V ASS, i.1 Opposite ITe-w- Coxrt Hotgo. GOLD AND SILVER WATCHES, CLOCKS, JEWELBY -A-XTD SILYEBWARE Everything to be Sold Regardless of Cost. Do not miss this Oppor tunity to get Goods at your own price. Sale commencing 1st), when our commerce amounted to $1,U7,1H0,0!1H, and the last vear ex. ceeda this enormous aggregate by over ?100,000,000. It is interesting and to some will be surprising to know that during the year endin- September .), ls-q, our impor.8 of merchandise amounted to JW24.715 - 270, which was an increase of more than flUOAXl over the value of the imports of the corresponding months of the preceding year, when the imports of mr-roh -.."-.-.UV " It MUNICIPAL EVILS. iMtiub'iucn'.aliy, the cu e of polit ical evil, of municipal cs well as othe fo-nis, fails back on education says a w iter in the Globe Demo cat. An appeal to scholar i, l..-.t in politics is o' no use, bo long as we mean by scholars a parcel of college graduates, from whose edu cation; from the very outset moral obligation has been emasculated. What we need to save democracy is not leadership, but moral force in the masses. Leadership counts for less and less with us. We are growing more democratic. The solution of oi'r elections means not that we are the tools of bosses, but thai so lo:ig as bosses manipu late there can never be any forecast of results. Decry independency as you will, it is to-day tiie predom inant cha Tctcrist ic in our -voting. What we need, therefore, is the higher educafoa of the people, of me eommo.i peon'e. The ethical spi -ii, Ihe moral purpose that con stitu'es good citizenship, is not found in common schools. There is no salvation, political or otherwise, i:i geographp and the rule of three. The ve:y best hope and thought of the age, which now flourishes ut the top, must be perm i lied to go down toithe bottom. There is an intinctive feeling to this effect abroed. Educational books on simple radical fundamental princi ples of duty are astonishingly multiplying:. The passion to recon stitute the power of Hebrew ethics of 4000 years ago is dying out. The whole political character of our country will be recast with this in evitable evolution in education. Jeffereon said democracy must rest for safety on the education of the people; we add on the higher of the common people in character and citizenship Kx. j Col. G, f, S, McClary of 1 1 Conducting le Sale A PUPL'LAK FA MILT. JlW-ni! : " How It, KntP, tlint you n! wayi . i int.-iiuv new uunK r l)o of me U'' 0U ulai to tP-' ahead Katk: "I don't know: I certainly do not mnkcany pxt-rri.in In that dirtvtlnn." vn, uuriiiKuie insiifwmonthi. ", uiuu up punning KM without any tnohrr ; you rnmc to the ronone II i IHflB Bimuriuj, mihi i-onuiniy wu aroaii iiniimv lllir III irnico unh'r vunr fiiutriiitii.n i you tWIiiiK Tiiiiany Ijiuics lii.it i-vvi'iinir how ...i. ...if ujuuu iiiHLUHt.l 111 I'lliyill UltSt'tlhll you -mh to hi up ,,n all the luti it TuiU.' uni know just wlmtto (liiiinilei-allc-irciiiiiBliini-, you cnu-i-tiiiii iM-anliUilly; nixl in the lant mourn ymi mivp iniiioviMlsoln licalt h, owlnir, yoi.-t-lliiiM,toyoiir hyi ulciiltiiivi?xun-iw-ii. iMii-it ilo you ;-, t nil of your Inlonimtiun from in this l-ttlo nit-of the nay uIul-c-'I lor you tiovc-r t'o to tin. -jtv." I. ait: 'Why, .li-iuili-, you will tnnVo m6 ynin. I have only om-itoiiii-!of inroniiKtion, tint it i.isiiririsMi,r how it meets all wiints. I very wMum hinr or tinythitifr new hut what the next lew ilaya hrlnvc mo lull iiifornmtlon on tlie suhjrvt. Mnific? No I .MiiKii.inel And a irivnt truasuru It Is to us all, for It really fiirinnhi-s the reudinif for tho whole lioiiw-liold: lather Ims (riven up his inamizltio that ho has taken for years, en ho cays thin one, (fives more and In-ttur information on the Biihjeots of tho day; and mother snyg that it is that that mnki-s her nm-h a fanioua houxekeeer. In fact, wo al! lurro that it Is tho only realty KAMli.v inamizine pulillshed, M we iiavo m-nt for namiilesof all of them, and llnd thatono is all lor men, another all kit women, aim anoiner lor children only, while tins ono Hiiu every onu of ur; so we only need to takoono Instead of goveral, and that In where tho economy conies In, for It ia only JlllO a year. I'erhaps you think I am too uivish in my praiw; hut I will let you mo oui-8, or, Ix-tter niill, w-nd 10 cent to tho put), llsher, V. Jennings DemoroHt, 15 Eust 14th Street, Now York, for a Ntmplo copy, and I hall alwayg consider that I have done you a trreat favor ; and may be you will be cuttlnir us out, aa you say we have the reputation tit beliiKtho best Informal family In town. If that lie no. It la Dtuiunxjt's Family Matrazlu that does it." A fiberal ofler only $3.00 for TIIK WEKTLY HERALD and Demorest Family Magazine. tjSend your subscription to this office. t.A44j Scientific American Agency fort) Xm A I A A1UI1TO V .4 TRADE MARKS, W rtttf ' COPVRICHT8, .to. For Information and fro Handbook writ tn u nil s il IIKOA1IWAT. ASW I OKK. Oldert hnrnau for nenirlng pxtentt In America, Kvery PAtout takon out by ud la bnucht befonj the public by a notice given free of cbania la Uie Scientific Jtoricati I,armt elrrnUtlnn of any trtentlflff paper In ths world. Splemlidlr llluiitraieil. No lmelllirout man rhnuld be without It. Weekly, 3.U(I a Jw, tlbll alz montliA. Addrmi MCNN & CO. 'L'liutuicka. XI llnwdway, Now York. M exican Mustang Liniment A Cure for the Ailments of Man and Beast A long-tested pain relierer. Its use is almost universal by the Housewife, the Farmer, the Stock Raiser, and by every one requiring an effective liniment. No other application compare with it in efficacy. This well-known remedy has stood the test of years, almost generations. No medicine chest is complete without a bottle of Mustanc Liniment. Occasions arise for its use almost every day. All druggists and dealers have it ) i ) Everything to Furnish Tour House. I. PEARLMAN'S -GRBAT MODERN- HOUSE FURNISHING EMPORIUM, i Haying purchased the J. V. Woekbach stere room on Bouth Mam street where I am now locatrrl ' fnn tnll wl , i er thanthe cheapest havinjnst put in the larp-est stock "".'V s-. V ,. ? l? we c,ty- Gnsolinc stoves and furitur of all kinds sold n the installment plan, I. PEAHLMAN. WtLlh positive nzTis tUkMkJttT WX1THJCH9. d W rr M . SJ m rtthZgMS v