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