THE ALLIANCE -INDEPENDENT. AUGUST HI. ISIi; i i r I r I -if i K ! I ! ft- i BHYANSSILVEUSPEECI1 Tor Three Hours ba PUadi the Cause cf tie Wtite Metil ia tha Ecus. . BETTES THAN HIS TAEIFF SPEECH. History, Figures, Logic, Wit, Witdom, and Eloquence all Combined No Compromise With tho Monty Power A Full Report. - (Concluded from last week ) TDK MINERS' JUST COMPLAINT. But It the silver miner after ell so selfish at to be worthy of censure? Does be ask for tome new legislation or for tome Inno Tatien Inaugurated In nil behalf? No. lie pleadi only for the restoration of the money of the fathers. He asks to have given back to blm a right wuleh be enjoyed from 17'J2 to 1878. During all those years be could deposit bis silver bullion at the mints and receive full legal tender coins at the rato of f 1.29 for each ounce of silver, and dur ing a Drt of the time bis product could be converted Into money at even a higher price. Free coinage can only give bsck to hlrawbat demonetization took away, ile does not ask for a silver dollar redeemable In a gold dollar, but for a silver dollar which redeems Itself, If the bullion value of sliver has not been reduced by hostile leglglatloti, tho free coinage of silver at the present ratio can bring to the mine owner no benefit, except by enabling him to pay a debt already contracted with less ounces of silver. If the price of his product has been reduced by hostile legislation. Is ho asking any more than we would ask under tue same circumstances In seeking to remove the oppressive hand of the law? Let me euccest, too, that thoso who favor an International agreement are estopped from objecting to the profits of tho sliver mine owners, because an international agreement could ouly bo effected at some ratio near to ours, probably W4 to 1, and this would Just as surely Inure to the bentfttof the owner of silver ae would free coinage established by tho independent action of this country. If our opponents we-e correct to assert ing that the price of silver bullion could be maintained at 121) cauts an ouuee by International agreement, but not by our separate action, then international bimetallism would bring a larger profit to the mine owner than the free coinage of silver by this couutry could. Let the international blinetalllst, then, find some better objection to free coinage than that based on the mine owner's profit. tub, ntoriTS op minixo. But what Is the mine-owner's profit? lias anyone told you the average coat of mining an ounce of silver? Vou have beard of some particular mine where silver can be produced at a low cost, but noouo has attempted to give you any roliable data as to the average oost of prod uctlun. 1 h ad a totter from Mr. Leech when he was di rector of the mist, tsytns that the govern ment ts In possession of no data In re gard to the oost of gold production and none of any value in regard to silver. No calculation can be made as to the protits of mlulng which does not Include money spent In protpectlug and tu mines which novo ceased to psy, as well as those which are profitably worked, When we tee a wheel of fortune with twenty-four paddles, see those paddles sold for 10 Ceots apleoe, and see the holder of the winning puddle draw !, we do uot conclude that money can be profitably In vested la a wheel of fortune. We know that those who bought expended alto getner 12.40 on the turn of the wheel, and that tn man wno won oniy received wa but our opponents Insist upon estimating the profits of sliver mining by the cost of the winning paddle, it Is safe to say that taking the gold and sliver of the world- ami It is more true of silver than of gold very dollar's worth of metal lias cost ll. It Is strange that those who watch so care fully lest the silver miner snail reoeive more for his product than the bare cost of produollou, Ignore the more fortunate gold minor. Did you ever bear a mooometallist com plain because a man could produce 25.8 grains of gold, .0 fine, at any prioo what ever, and yet tako it to our mint and have it stamped Into a dollar with full legal tender qualities? 1 saw at the World's fair a few days ago a nugget of gold, lust as It was found, worth over ta.ouo. W hat an outrage that the Under ahould be allowed to convert that Into money at such aa en ormous profit And yet no advocate of honest money raises Ills baud to stop that crime. VALUE SOT DEPENDENT ON COST. The fact la that the price of gold and sliver does not depend upon the cost of production, but upon the law of supply and demand, it Is true that production will stop when either meial can not be produced at a profit: but so lone as the demand con tinues enuat to tho supply the value of an ounco ot either metal niny be far above the cost' of production. Willi most kinds ot property a rise iu price will cause Increased production; for tastanco, if the price of wheat rises faster than the price of other things, there will be a tendency to in creased production until the prior falls; but this tendency cau not be carried out In the case ot the precious nietalM, because the metal must be found before it can be produced, ana finding is uncertain. Between 1800 and 181U an ounoo ot gold or silver would exchange for morn of other things tlmu it would from 18W to 1873. yet durtug tha latter period tha production r.f both irold and silver greatly increased, it will be said that the purchasing power of an ounce of metal fell because ot tho In creased supply; put that fall did not check production, nor has the rise in the pur cnasiug power of an ounce of gold since 1873 Increased the production. The pro duction t both gold and sliver Is controlled So !! by chance as to make Some of the laws applicants to other property In. applicable to the precious metals. If the ( JPPly of gold decrease without anv dimi nution of the demand the exchangeable value ot each ounce of gold is bound to tu crease, although the cost ot producing toe gold may continue to fail. Why do not the advocates of old mono metallism recognlie end complain ot the advaataae gtveu to gold bv laws wlitc la crease the demand fur it and, therefore, the value tf each ouace? latiead of thru Uiey coo hue Insinuates to the dcu tint-tattoo of the silver eiti owner. have i.ever advocated the a of either gold or silver as the means of giving employment to euteert, or has the dvfettte of bimutallUiu bee a ewuiluctod by the luUrtud in tie ruiKtuetion ( silver. We Itvet the ue of gold sad sliver as money because money is a eev!u ana t'cu ibese luelaia. ow ing to special Blow, have trca uia from luue lutiuaiiwtfiai. )h eaure sanua; s ip tly ot tHHh Kt.tut, tiud at the present lativii Uy but a;lotd toe la;i a sau ot uey, tin Avxt'jtt, tta or tit vrn. if, as Is au mated, two-thirds t the UV . f f M riiie4 annually ate eu timed la Us ait, ! Kuml,ivA m Mt tkaa we eee.t for this euantrt aoae-re tell ff vvlaatfe. It tltlS l Ine v tM,V etltti vdu eauualiy Is h1 Ih U. e ail. stVMiu.twj are left l .i SMaaie, I bit hta Pa In its ktbii el Ukin tixml eM itt4i l that sum. laue l-ti Mit..tm g aid aad mtet taui:i et et.s vs an tfce rava'a f sit tiie wrt.t m ouly about l suet tuwr wwe wfent ta l ltaiwttti tw kwp e tk lt,-iOl Wfl(ltt, ASil (Ml iatt lit M M. auMi S14tiwt i the IkeMiit attui uf hmtUIJ i Miey 1 g titUe Itm that fc,pau,fRj,0C3. The vj,(w0.9w J per anouui is ilutul two and a bail le( reiil i oa the U.UI VoluuiS OI metallic money, us ing no arcount ot lost coins and sliriuke by abrsaion. To quote again the language uf 11 r. Carlisle: . :aikliii will tie forttinste lrwli-d If the an Bualirvduotlouof gold coio shall k-p pw5 w ith Die nniml lu-reaae of pupuiauou, cuut la we and Industry. An iiif reaseof the silver dollar one third by au international agreement would re duce by fMo,ojO the number of dollars wiiich could be coined from the annual product of silver, whirh would aiuouulto a decrease of about one-quarter of the en tire I oereaee of metallic money, while the abandonment of silver entirely would de stroy three-quarters of tbo annual lucrease iu metallic money, or possibly all of it, if we take into consideration the reduction of the gold supply by the closiug of gold pro ducing silver mines. Thus It Is almost certain that without . silver the sum of metallic money would re-, main stationary, if not aotua'ly decrease, from year to year, while population In creases and new enterprises demand, from time to time, a larger sum of eurrency. Thus It will be seen that tha money que, lion is broader thau the interest of a few mine owners. It touches every man, woman, uud child iu all the world, and afleets those In every condition of life and society. IXflDEXTAL UBSEFirS. The interest of the mine owner is Inci dental, lie profits by the use ot sliver as money Just as the gold miner profits by tho use of gold as money; Just as the newspa per probts by the law compelling the ad vertising of foreclosures; Just as the sea port profits by the deepeulng of Its harbor; just ss tho horse seller would profit by a war which required the purchoseof a large number of homes for cavalry service, or just ss the undertaker would profit by the decent uuiiai ot a pauper at puuuo ex cuse. All of these receive an incidental benefit from publlo acts, fcball we complain if the uh of gold and silver aa money gives employment to men, builds up clt'es and Alls our mountains with life and Industry? bball we oppress all debtor, aod derange all busiuess agreements In order to prevent the producers of money metals from ob taining fur them more than actual com? We do not reason that way in other things. Why suppress the reason in this matter be cause of cultivated prejudices against the wh.to metal? but what Interest lias the farmer In this subject? you may ssk. The same that every laboring man has in a currency sulllcieut to carry on the com' merce aud business of a country. The em ployer cannot give work to men unless he can carry on tbo bualnese at a profit, and tie ts hampered and embarrassed by a cur rency which appreciates because of Its In suthcleucy. Vlig KABllEll'S IMTKUBST. The farmer labors under a double disad vantage. He not only suffers as a producer from all those csuses which reduce the price of property, but he Is thrown loto competition with the products of India. Without Indian competition His lot would be hard enough, for It be is a land owner be and his capital decreasing with an ap preciating standard, and If he owes on tlie laud lie buds his equity of redemption ex tinguished. The Just census shows a real estate mortgage Indebtedness In the five great agricultural states fill noli, Iowa, Missouri, Kansas and Nebraska of more than fl.oou.ouo.ooo. A rising standard means a great deal to these mort gagers. 11 ut as 1 said, the producers of wheat and cotton have a special grievance, for the prices of those articles are governed largely by ths prices In Liverpool, aud as silver goes down our prices fall, while the tupce prices remains the ssme. 1 quote from the agricultural report of IHM, page 8: The recent legislation looking to the re storation ot tlui bluietuttlc sluudurd of cur-' rcuey, and the ccjuiijent enhiinoeinunt of tiff value of llvor, iiiin unquestionably hud win li to do with tbo rucunt advuuoo In tliu prlro of cereals. The sainu r.iuj has ad vanced tho urlc: of whuat In llussls and in-t din, udI In the sumo degree ruducxd tlinir power of coiiii til Ion. LiimIImIi gold rss formerly exclmuirud for cliuup silver and whoiit purelm.ii'il with the cheaper met til wue sold la Uruul ItriliUn fur gold. Much of tills nUvHiiliigii is lost by the appreciation of sliver In those countries. It is reasonable, there fore, to export much hitrher prices for wluMt limn have lieea recolrud la recent yeur .Ur. itusk's reasoning; Is correct. Shall We by changing tho ratio fix the pr.co of wheat and cotton at the present low price? If it is possible to do so. it Is no more thau fair that we restore silver to It fonnur piaco, and thus give buck to the farmer some of his lust prosperity. Can silver he maintaliiod on a parity w.tli ltd Id at the piusunt ratio? It has been shown that li we should fail uud our elfort should rexull lit a single silver standard it would be but ter for us than the adoption of the gold sttttidard --that Is, that the worm that could come from the attempt would be far better than the best that our opponents could OilVr US. i - . l'HttSENT KATIO DF.8T. It has been shown that duugon and dis advantages attend a change of rjutio. it may now be added that tie change In tlitj ratio can be made with falruess or Intelil guuce willt'iut Hint puttiug gold und silver pon a rei feet equality in order to tell what the natural ratio is. If a new ratio is nec essary, who can lull Just what that ratio ought to bo? Wlio knows to what extent lie divcriiLUce between gold and silver ia due to natural laws and to what extent it Is due to aitltkal laws? We know that the mere act of ludl.i In stniuiuliug free eoiu ago, although she continues to buy aud coin on government account, reduced the price of silver moro tl'Bii !0 cents pur ounce, tan anyone- doubt that the restora tion of free coinage In that couutry would lucn ao the bullion price of silver 1 Who doubts that the free coinage ot silver by the United states would increase Its bullion pru'i? 1 he only question Is how much. It Is Oniv a vuess, for no mte ran slut with uiall'eiuattcal precision what the rise would be, The full use of silver, too, would slop the increased demand for gold, and tnus prevent any further rise Iu Its price. It le because no oue cau speak with certainty that 1 Insist that no change in the ratio cau lutoiltgeuity be made uatil ootli insi sts are ortered equal privileges at the mint. Whn ww hnve the free and unlimited coinage of gold and silver at tha present ratio, then, aud then only, can we tell whether auy of the apparent fall In the bullion price ot silver Is due to circum stances over which we have no control, and if so, bow much? It this experiment should drmouatiale the necessity fur a change of ratio It cau be easily made, eae should be made In sueh a way as to cause the least Injury to society. Out we can, Iu my - Judgment, manuals the parity at tha pireeiit ra'lo, I slate this wiiktiut hustialioo, notwithstanding the fact that our opponent da net dtsutM the contempt winch they fevl ft one whe ran believe this potbt. It the past teaches SBtthlug it Washes the pt isuuiiy f this conn try maintaining the parity alone. The lioyal eoutmUsiuv tt tutfteMd stated la ill repvit that franc S J maintain the ( ailty at 14-, to , although she has not half aur nofuiailou c eurpr . timing the rears wken let U.bt la ci uttoiisd the piit el f aUl aud tllvtbui::ctaananm la the relative prodtitiMt ( goi4 an 4 elite vn greater man luy have beess eiee. At oue Mute salute i;j the value ot the silver preduU as related to lae value the gid riut 1 1 I, while at aavtber ta the talstion at reverted. ss4 the prwUsUMt ot ad K silver ai U l. Nutuoh ehtn bt eeeutred tier, id the rl .ue bf the sive pio.l,u t t"i? ls U I of Mueti t the ie tt" a4itl lilv I it due to trie f t lbt it as W fl,nm rt.(tn'v4 m i.id, 11 n usa u tie, a4 it mm !-. mie b st tttwevi bMiui. ikm hu at to l'st exatitiaiH'a aoUl suwd tue fvo4tio vikno ee s 4i lllltmlllltlfMs k-HHM flwU ! aM ! t a,,wluf v.n-i tw. tnt a. :n thlH4 l-W tti4M t t ( 1 tt that "virl-ius circle" be uroKeu aod tliivt rem resuaie : nshtfsi ce. vte believe, in other wordi, that t.Te iqaeoiuc of our mints to the free aud uo.imttrd coinage of gold and sliver at la to 1 would immediately result in ri btcrlcg s.lvcr to tho comaxe value of Jl.ilj tcr ounce, cot ooly here, but everywhere. 'Ifcat ttere tould lie do diJerence between tl:edo:lar coiued and tho satne weight of stiver uu oiued. when oue could be txcha:igd with ; the other, needs no argument, vVe do not believe that the gold dol!r would co to a premium. becAuae It could not hud abetter coinage ratio eltewbere. and because tt could be put to no purpose lor which a silver dollar would not be av good. If our ratio were 1 to 14 our gold would of course betxenaoged for silver; but with our ratio of 10 to 1 gold Is wortu more here than abroad, and lorelgb silver weuld not come here, because it is circu lating at borne at a bettor ratio thau we could offer. MO DA.VGEIi FltOM FOUKIOM COIX. We need not concern ourselves, there fore, about the eoin silver. All that wc have to take care of is the annual product from the miues, about 4ti per cent cf which la produced in this euur.lry. Lndor the Sherman law wo furnisn a market fur about one-nurd of the world's annual product, 1 bellove about one-sixth is used in me art, witicti would leave about one-halt for all the rest of the world. India lias suspended freo coinage tempora lly, in anticipation of the repeal of the bherinun law. The ilerscbeil report ex pressly states that the action was neces sary, because uo agreement with the United btutes could be secured. The langusge Is as follows; In a dispatch or the (Lit of June, 1K2, the government of India cxpresvod thu deliberate, vplutuo, lljiil.tf It Iwcnuie clour that loo liruit kflK con ferooco was uiulkuly to arrlvn at a sutlstactory conclusion, uud If a direct a:rre 11111111 Uiimtii India and the fniu-.d btatns wuro found to tie uualtalnalile. the govorii tuuiit uf India slionld lit onco ciM its tiilnto to tne free eolouire of ittlrr aud make ar rangemeuls for ike Introduction ot a gold smiiUuid. There is no doubt of the restoration of freo roloaee In India if this government takes tlie lead, and with India taking the usual amount, but onu-alxtli of the annual eupply is left lor the other ellver-uilng countries. There cau be uo Mood ot stiver, nor will prices rise to any considerable ex lent -except the price of sllvsr itsuif and a few ot the staple products of agriculture which have fallen with silver because ot ludia's competition. General prices cau uot rise unless the total number of dollars Increases more rapidly than the need for dollars, which has beeu shown to be Im possible. The danger Is, that taklug ull tho gold aud all the stiver, we will not have ouough money, and tost there will still be sums appreciation iu tlie standard of value. To recapitulate, then, there Is not enough of either metal to form the basis for the world's metallic money; both mutals must therefore bo used at full legal tender pri mary money. There Is uot enough of both n.ctals to more than keep pacs with tno In creased de.uand tor money, silver cannot be retained In circulation as a part of the world's money If the United btates aban dons it This nation must, therefore, either retain the preseul law or make some further provision for silver. The only rational plan Is to use both gold and sliver at some ratio with equal privileges fit the mint. Nochauge In the ratio can be made iiitulligeutly uatil both metals arc putoa an equality at the present ratio. 1'Im present ratio should be adopted if the parity, can be maintained; aud, lastly, li can be. TUB AHKHUA.X I.A.W. if these conclusions are correct what must be our action on the bill to uncondi tionally repeal the Klierinan law? The Sherman law has a serious defect; It treats silver as a commodity rather than us a money, ami thus discriminates between silver and gold. The (Sherman law was passed Iu 1S:J as a substitute for what was knowu as the liiand law. It will be le memuered mat the liiand law was forced upon the silver men as a compromise, and that the opponents of silver sought Its re peal from tho day It was paused. It will also be remembered that tho Sherman law was lit like manner forced upon tho silver men as a compromise, and that the opponent, of silver have sought Its repeal ever since It became a law. The law provides for the compulsory purchase of M.wo.uoo ounce of sliver per year, and for the lesui of treasury notes thereon At the gold value of the bullion. These notes are a logal tender and are redeemable iu gold or silver at the option of the government. There Is also a clause In the law which states that It is tho policy of this government to maintain tho parity belweeu tho metals. The administration, it seems, has decided that the parity can only be maintained by violating a part of the law and giving the option to the holder instead ot to tha government. Without discussing tlie administration ol the law lot ut consider tho charges made Rglnstit. FALSB JLLAHM. The mnln objection which we heard last spriug was that the treasury notes, were used to draw gold out ot tho treasury. If that objection was a material one titc bill might easily be amended so as to make the treasury notes hereafter Issued re deemable only in silver, like the silver certificates issued under the liiand law. But the objection is scarcely important enough for considera tion. . While the treasury notes have been use to draw out goid, they need not have t een used for that purpose for we have fittd.OJd.OiMJ worth of greenbacks with which gold can be drown so long as the goveruinent gives tho option to the holder. It all the treasury notes were destroyed the greenbacks are sufficient to draw out ths r-I00,wo,0oo resorve three times over, and then they cau be reissued and used again. To complain ot the treasury notea w bile the greeubacka romalu la like finding fault because the gata ts ooen wlieu the whole fence Is down, and reminds rau ot the man who made a box tor his feline family and rut a big hole for the cat to go la and a little hole for the kittens to go in, for getting that the large hole would do fur cata of all sizes. Just at this lime the law Is being made the scapegoat ujmn whim all nur flnannial Ilia are leaded, and Its immediate and uo- coudltloual' repeal la demanded as the sole moans by which prosperity can be roitored to a troubled people. The mala accusation against It Is that it destrovs confidence, aud that foreign nioucy will not come here, because the no der is at rata mat we win go to a silver standard, lho exportation of gold has been pointed to as conclusive evidence that trikiiienea r.uguan eonjrioiaera were throwing American securities uoott the market and eilliag thnut M our twupU la xthaage for gold. Hut now told ia com ing bunk (as ter than It went away, aod still w have the Mieiutaa law unrepealed. isinee tkst in sory will pot explain both the exDortaud tmiHiftof goi4. let usaeeeat a theory sthieii will. The baisme ( lude has been lariy sgtiast us during iaa ial year, aa.l gold weul atroa4 to pay it, out new our eipoitailou ot lr.uutiii hat In errated sad the gold It returning, tu go Ina was aggravated bv the tact that Au liitlUutftr a gaiuetiue tu goM ut rveaiapiioa aal wtt iMmiiic4 Iu take a pft tiunt we. Inttea I of using that evi-ot l of old at a teua tor imm to a ui4 basis, a uuiitt hi make a rvuiWe the dsn ger of depending solely poi a metal uua uwiae oihef uti ut uttj deprive ut ot at s e.'tiival uioioertt. I ae .ntri!i t let tUt utterly to aceounl vnure, feseoaab.e taw f the t,ti. l.al tr-ruig aa elttttpt wtt wale i ifiii the iifditkiitt r- ctAl ot imi S.wuntii Ut, v Kvl j iitau thta, lot l ie tt 4 f.ittea wklea ka always eytHi suv htst.U ft-tii' t "f .!' U 1 tai tut pan Mte ef bull!. tkil4 st.. mat who l lieve tktt M' evat rte auatt a bank sate bamet tWUteae4 Ut v t tvt etet rewtve taght nolle - l HMWli' . wnt l an tstue oT gold bonds, f lie great argument feted in favor of btn.u propositions was that mouey was being drawn from the treat ury a-d tent to i-u-roe: that confidence was being ietrore4 and that a psuic would follow. They ei phasi.ed au magnified the evils which would folio t e departure of goid: they worked tiit'iuiK.',ves aud their associates InUi a condition of fright which did cause finan cial stringency. Uke the ruaD who inno cently gives the ale im of fire in a crowded pal", luey excited a panic which soon got beyond coutioi. THE REAL TROUBLE. TZr trouble now is thst depositors have withdrawn tneir deposit from the banks tor fear of lots, and the banks are com pelled to draw in their loans to prouct their reserves, aod thus men who do busi uess upon borrowed capital are crippled The people have not lost faith In the gov ernment or in the governmeut'e money. They do not refuse sliver or silver certili cates. They are glad enough to get any kind of money. We were told last soriug that gold was going to a premium, but re cently la New York City men found a pro fitable business in the selling of silvercertili-caa-s of small deiiommstious at 3 per cent premium, ana on the Ctu of this month there appeared In the New York lleralj and the Mew York Times this advertise ment: WANTED SILVER HOLLA US We des're to pui cliu.tj at a premium of it per cent, or (7 per tiioukuud, stuudurd sdvur dollars, in sums of tl.uoj or more. In teturn for our cert i fled checks paysble through tht clearing houb 1MMKHM4N KOKMHAV. Hunkers, 11 Wall street. About the same lime tbo ftew Yoik police force was paid In tM gold pieces because of tho scarcity of other kinds of money, llow many of the filling bankt have obejed the law In regard to reserve? llow mauy have crippled ihcmeelves by loaning too inu.-li to their officers and directors? The situation can be stated In a few words: money cannot be aecured to carry on business because the banks have no money to loan; banks have no money to loan because the depositors have withdrawn their money; depositors have wlthdrawu their money because they fear the solvency of the banks; enterprises are stagnant because money is not In circulation. PAlllNi: WILL SOT CXIiK liUXOKK, Will a repeal of the bberinan Jaw cure these evils? Can you cure hunger by 'a famine? Wo need money. The tiherman law supplies a certain amount. Will the stringency be relieved by suspending thai lis ue? jf the advocates ot repeal would take tor their buitlo cry, "Mop itiuioi: mone,y" instead of "Stop buying silver.'' would not their our pone be more plain? liut they say the repeal of the Jaw will encourage foreign capital to come here by giving assurance that It will be repaid oo a gold basis. Can we a fiord to buy confidence at that price? Can we altoid to abandon the constitutional right to pay In either gold or sliver in order to borrow foreign gold Willi the certainty of having to pay It buck In appreciated dollars? To my inlud, Mr. Speaker, the remedy proposed seems not ouly daugeroua and absurd, but entirely Inadequate. We do not cure a headache by putting a mustard plaster on the fuel; why try to borrow foreign capital to order to induce the people In this country to re deposit their savings in ths bauks. A HUGOKSTION, Why do Dot these financiers apply the remedy to thu dlten led part? If the gen tleman from New Y'erk (Mr, llendrlx) who said, "1 have oome Into this ball us a banker, 1 am here as the president of o national bank," desires to restore confi dence, let him propose for the considers" Hon of the members a bill to raise by a small tax upon deposits a sum suttlclent to secure depositor against possible lost; or a bill to compel stockholders to put up security ' for their double liability or to prevent stock holders or otllcers from wrecking a bank to carry on their private business; or to limit the liabilities whtchabauk can assume upon a given amount of capital, so that there will be more margin to protect Its creditors; or a bill to make more severe the punishment for embezzlement, so that a man can not rob a bank of a half million aud escape with five years, aud can not be hoarded at a lintel by a marshal, while tho small thief suffers in a dungeon. Let him proposo some real relief and the bouse will be glad to co-operate with him. Or if there is immediate lelief neces sary in the increased issue of payor money, let our financiers press the suggestion tnndo by the gentiemau from Ohio (Mr. Johnson), viz., that tno holders of govern ment bonds ae allowed to depohlt thorn and draw the face In treasury notes by remit ting tho Interest and with tho power of re deeming the bonds at any time. This will givo Immediate rollef and would save the government interest on tho bonds while the mouey Is out, Hut no, tho only rem edy propused by these humidors At thlr tune, when business is at a sUtitlxtill and when men are suffering unemployed, Is a remedy which will enable them to both control the currency and reap pecuniary profit. .ioriE MONET NEEDED. One ot the benefits of the Sherman law, so far as tho currency is concerned, Is that it compels the issue of a largo amount of money annually, and but for this Issue the present financial panic would, Iu my Judg ment, be far more severe than it Is. That we need an annual Increase. In tho cur rency Is urged by Mr. Sherman himself iu a speech advocating the passage of the Sherman law. On the 5th day of Juno, l.Ki, ho said in the senate: Under tho !nw of February. 1K78. the pur ohusu of tu.uoo.ouj worth of silver bullion a month has by ciln.ura p,-oducud annually aa average of nearly HifcO.OM pur mouth for a purlod of twelve years, hut iliis amount. In View of tho retirement ot tbo bank notes, wlil not IncretMD our curreucy Iu proportion to our tnctvatiliig population. If our present currency is ettimaiud tit LliX),ooy,u KJ and our popillnl Mil in ilicrmuiiiig at Uio ltlo of li rK.r rent por annum. It would require st.uuo.uiU Increased ciroutatloti cacn year to keep pace with tliu tnerie of population: but as the In crease of population is accompanied by a still KMter rails of incroaia of wu.Utli and bul in-,. It was thought that aa ImtnedlnUi In mnwsof t'lrcuUuou uuglit bo oiitalned by larger lurclm of silver biitlluu u an amount utitHcutnl to uiuke good lhaautning thai UW-V.'Vj a Jrarof B0d'tl'nl eurr-mv It ntwdml upon this hsil, tli il auiouni l pro vided for la tuts bill by Ike Uiuo of treasury motet la etching! for bullion at the umravt price. This amount, by the fall lo the price of bullion silver, hs been largely reduced, hhall we wipe It out entirely? lie Insisted that the hhermaa law gave the paople more money than the liiand law, aud uooo that ground lit pattage was defended be fore the ittopie. Could II bsve been patsed had It given less thaa the liiand law? Who would have dared defend it If It bad pro vided for no money at ail? What provision shall l made for the future S I tMta that quetltow our ppaneula aietilenl. The bill which they have pro posed leaves us with no lucieatMl currency provided for. Nan of tu advocate ot a gold atandard, In detente ut their theory and U eeectttry todttoute every watt tt tablitbed principle ut gnaue We are told that at eivllUation Increases credit lakee the pUee of mane), and that the voiaui of real money can bwdinuu Ittted f.lNoul dtnger. It yoti wlil ptMun ui, 1 tin i. mlii Unl the wan wn icoif reived the I4t that a aM eeuid be mtde la In wit.-)ut w.ttr. At iht tt.ur gat, he put a hefting, lrtn Irowi the a, is a Jar ufst tathr, lly teiuuvlhg a bul eve'i n.op tug and adding ri water he grt iw any k-JMitouie-l it t ttvih wtuir. t uta bv gr vlut.U leJt..viiil the Iwvtli wtlet he t.i. an i'i .. it i.t air, tad uu in kept it ia a4iiiiea bill, tlie Jr, iu hit ah tn, bit tetvtat pit'- I a i-Jp tf Ur H I'im 1 1 In uMvttr litt tue atu tti!ht n.tt. fa lie l4; but A ail htu tS iviavlrf c.t.at ti.iru he fiHiul tatl ths ua bl lli.n.tMiil ml Ut lain ti.e Wtler a4 diu4 (tVMtiib4 vo Hud I 1893 Institute cf Shorthand 4 Typewriting The OJdett ard Bm BQtoeji CoVege in the Went. Faculty exp-rientl. No vacation. Thouitands of Ur.rtuu-s nd old etndeota oc rtipylng paying atid reixmslble prxjitlor.. VVrlie for catalogue and circulars be !ure decid ing where Ut atlcud ooliet. Omaha, Neb. Cancers Cured. I will eev liberally for the namts aod addresses ot persons sutkring from csnctr. Gasrsntcc s ermaocnt cure or no cnarge. .u ntun u casr has brrn given qp by othrrs, write me at oner Hkvicians suoDlkd wi'.h remedy st liberal di count. Fell txa.edj and instructions ier ttJ, ti-estnwt, ttn. THE HARRIS CANCER SANITARIUM, , Fort Payne. Ala. PATARRH HAve you cot 'IT7 UAIAnnn ft so, try my Medicine. It Is a sure cure. Try it and b convbiced. You will nvr rnrrl It. Sent br mall to anv ad- tirena. Krir One Mlar. JOHN P. IIOKK, VA Clark Street, Chicago, Illinois. SUBSTANTIAL IAVIN0 IN HOE LEATHER BY ORDERING HOES BY MAIL, SENT POSTPAID. AVE AT LEAST THREE PROFITS. ECURE THREE PAIRS AT PRICE OP TWO I Ladles' Fine Button and Lace Shots, 11.80, tZ.BO. 13.00. (ients' Fine Calf Lacn Shoes and Congress Gaiters, 12.00, 12.80, $3.00. MiHes' and Vouths' Celebrated Botton School Dutton, SI. SO. t JT8end for complete Illustrated Catalogue. I hear good words only from those who pat ronize you. Mrs, I-ouckt has patronized you now for a year, and has been well pleated with the purchases for the whole family. Wlien opportu nity olfers, I thall alwayt be glad to say a good word (or you. II. A. Loijcks, Huron. So, Dakota, I'm, National Parmtrs' Allianct Uxcltan.fi and Industrial Union, POSTAL SHOE COMPANY, 149 Congrats SI. and 148 Franklin St.. BOSTON. GOLD CROWNS Molar Roots Banded with Gold and Porcelain Crowns, the finest and most durable crowns ever made, and unexcelled for beauty. BRIDGE WORK OF EVERY STYLE. Removable Bridge Work All Gold or pari Vulcanite. We are putting np the finest remov able bridge work on gold and French Vulcanite ever made, superior to any thing ever before offered to the public. Can be worn with the greatest comfort, and costs less than ordinary bridge work. Is easy to repair, but seldom breaks or needs repairing. We also put up artificial tooth with gold palate, the finest artificial teeth ever made. All work warranted first class or no sale. This style of work Is supreme. perfection for public speakers. Aluminum can be used instead of gold, 1! desired. Tho back under molars eae be restored with the greatest perfec tion which are so useful, and prevent the cheeks from sinking In, Fine gold fillings of pure gold atverf reasonable rates. Dr. A. P. Burrus. (booms 9 axi io, lios o sinskT, The WorlU'a Fair. The aeatlne? ratiaottv of the re. tail rants at the World's Fair grounds It sliiy tAiuisana ptwpie. iney range tui the way fru the tooduet lunch counter arhrA vou sa nbtain a vitod nlala meal lo thirty or forty ceota, to the expcntive) cat w men c r vee a tu course dinner for two dollars. Lots nf rvoidx t rine' a lunch basket with them and thus get through the Uav at a user it nuruuiat puuay. The Murllngton rvuto ageaia at lie pot or rUy pfnew Cvr. t aU luh Hta, will be la4 tu furnUh full U'orniatioii rvrardlait' prltw tl tlvaeU, lit cf train, env. ea '. M! i '"''!-' -'! ,! n...ipi.! ST. JOSEPH BUGGY CO. 8, Joseph Uuggf t'o, farrUffi s aod lljgifU't at Kvtttt prbvt. t'autlojfue and priiv Ut frvd, tih en4 MeMi.le JU , bt. Joe Miv I'te NorthweaUrt Uo to ItiUm-w. low rates, last tratas, OHvollia Oftt 873 SI.entT SJe. Notl- 1 b. rtT siren ikat tr virtue of to ' J-:r:rl t t irr m ih dutrtct j eiurtoT"iii "'Thir( iutll-ial district of N'e S braka. wuhln aud fur Ianeair county, la I an aetioa wbereia Henr.a W. Krevp U pUtO- u3 ard Tbwvlor F. Hames t- delendant, I will at S o c;x-ji p iu on i be llthdavof hep temNrr. A. D. 13. at the east door of tbe couil bottte. in the citr of Lincoln, Lancaster connty, Nfrai.Ua, .ffer for ile at public ue t4on the followlug dt-MTitMd real estate, to-wit: The nortbwMi quarter, and the eorth half of the tooth wvet quarter of section (4 four, township (II) levrn. raoge &, eabt, in Laa canr county, Nebraska. Given under my hand thfsttb davof Aoinist A. D. bA.M M'CLAY, Sheriff. Notice to Bridge Contract Kntlee it herpby given thst sealed proposal wtll be received by the county clwk of 8aun der county. Nebraska, at tbo court heuae la Wabon. until noon of the Mb day of Septem ber, 1KO, for t be furnishing of all material and erection of the following bridges in said county. BRIDGK HO. 1. One brldjre at Prague f! feet long, across the lanre draw Just north of town. nr railroad track. One span 20 teit long on south end and three 24 fool spaas. Spiling 28 fet loos to be drive n Id center of draw, and 9 plllnir 10 feet lone for remainder of bent to be driven so bridpe will be on a level, S feet lower than south bank. . bridgi no. One brldire between sections I and t. town It, ranue 8. aero, a branch of Wahoo Creek, known as the Putney brliiue. Bridge to be 63 fee' Iwk, midd'e span 24 feel Ions, on at each end it feet long, plllnR 2 feet Ioik in mlddlo br,nM ?J,,!lnit 15 ,et '"UK at north end and 3 piling 16 feet lonir at south end to be drt ven to bridge will be tame height aaold bridge. BBIDCIK0, 3, One bridpr 84 feet lonit on north and south quarter line, section JH. town 13, ranee 9 arrow lb Wahoo creek, bridge known aa the Henry bridge The south pan to e lfeet, long, the north span to be 20 feet long, tmiddle spans to he 24 feet long, S tiling at each end. to be 16 feet long, 9 plllnir for ibe middle spans, to be 30 feet long and driven so new bridge wilt be same height as old one. BRIDGI WO 4 One bridge V feet long, between sections 5 and 8. town 14, range 0, known as the 1'belan bridge, piling to be is feet long and driven so that the new bridge will be the tune height as the old one. bridgbio. 8. One bridge 48 feet long, across Otoe creek, between sections 8 and 10, town 15, range 9. known as the Hlnhop bridge, epans to lie 84 feet long, 8 Dlllnu at each en if ia fui i,n piling In center 24 feet long, piling to be di lven to bridge will be level with bank on eat side. Bnirc;e o. 6. One brldire 48 feet lonir a rna. Hnvtn rh.i. known as the Utdley bridge, between eeccions 15 end 10. town 16, range . One span In center to be 24 feet lonr. and one span at each end to be 12 feet long. 6 center piling to be 20 feet long. 6 end piling to be 16 feet long, piling to ne driven down si the new bridge will be t feet higher than the solid bank on the south side. BBinci No. 7, One bridge 40 feet lonir bet ween uutllmi, IK. and 10. town 14. rarge 5, known as the John M llacek bridge, one span to be 24 feet long and one span 16 feet long, 3 ptlSkg in center 20 feet ' vki"k m eacn ena ie reel long, driven so bridge will be 1 foot higher than old bridge. IIIWDCK BO. a. One bridge 86 feet lonir acroaa PnOnn creek, between sections I and 12, known as the- nasper oringe. i span 24 feel long end 1 spsnr 12 feet long. 6 piling 20 feet long, 8 oiling to be in im "ia so oriuge wui be 1 feot higher than old bridge. BRIDGE MO 9. One bridge 48 feet Ions across th main w between sections 8 and 10, town 13. range 0, known as the Palm bridge, S spans to be 84 feet long, f piling to he 16 feet long, driven so bridge will be 8 feet high at east end. T BRIDOl no. 10. One bridge 82 feet Ions between and 35. town 14, range 8 across Silver creek, one span 30 feet long and one span 12 feet long. V piling in center, 24 feet long. 8 piling at each end 16 feet long, to be driven so bridge will be 2 feet higher than old bridge. au asm nnagosarow nave sixteen feet road way Maid bridges I o be built in accordance with plans Details and specifications on fllo for refe'ence in the office of the county clerk and with the several specifications above enumerated. All bids should state the sum for which each bridge will be built, referring to the number thereof as above, and may atate the gross sum for which the bidder wtll build all said bridges. Plans and specifications, conforming to the plans, details and specifications above referred to mum accompany each bid. Kaon bidder thonlil accompany his bid by a certified check or draft for 1200 payable to Sauuders Countv as a guaranty of good faith, to be forfeited if be fail afterward to enter lntocontract and give bonds in accordance with his bid If the same be accepted. The right to reject auy or all biis reserved. W. O. Kawd, ' ' County Clerk. By order of County Commissioners. 8 4t Missouri Pacific Railway. Ticket Ofllce at Depot and corner Twelfth and O Streets. Leaves. Arrives. Auburn and Neh Citv Exp,., St, Louis day Kxprrst Auburn and' Neb. City Exp. St. Louis night Express,.,, Accnmocntion it:a5 pm ta:5 pm 9:50 pm 0: jo p m e ao p ml j:aopm 0:4 s m, :45 a m- 8: 15 a m- Union Pacific Railway. CKroT, CORNIER OK 0 AND FOURTH STRKKTS. CITV TICKtT OKPICK, I041 e STREET. Leave. Arrive, t p:ot am 1 7:S9?m 17:45 a at 8:45 pat 1 6:30 pin 1 10:40am ea:4S p m' 3:50 p m t 7:59 p m to:os a m OmAha, Council Bluffs imcago, valley, east anil west 1 Beatrice, blue Springs,' Manhattan cant and west, Toncka, Kansas City, east and south. David OitV. Stmninhurtf Sioux City, David City, 1 oiun mis, Denver, Salt Lake, Helena. San Francisco and Pnrllanil Beatrice and Cortland. . .' Fremont, Elkhorn- and Missouri Valley. Railroad. Uepot corner fcigbih and Bstreete. City ticket ofllce 1133 O street. ' Lesve Arrive Wahoo, Fremont, Nor- I IOIH, l.imi; 1'inc, t Adit ron. O'Neill, Dead wood, II lack Hills and Wyoming points, 7:30 a. m t s so p ir Omaha , ,, 7:30 a m; u jl p m t t:i p ml Wahoo, Fremont, Mis souri V'sller, CnUr rtaiiU, ChicaKO and haM M.uliM.n, Mil. waukea, Kioss Cay, MinmaMis. bl. I'aul, Uululh aud Northwctt t'.io p m,e u Jp m Fremont Aecom'dalloa V 11-ai p m i 7: it a m Use Northwestern lino to Chicairo Im rfttes. last trains. Ufilcw ll'43 Harbor Fnwler bav some cf th cheapest properly In Mocolo for sale. It you bave a good, clear farm anj wanttd fet Lloooln proiHirtr, write, and they wtll find yon a firsKlans deal. IUkiikh A; r'owt.kR, lUmia 10, Ml Q btroot. North Wt stern tine ! Sleeper and fast Chicago Train eloe. A peklaee car fur Unooln wople I now attached dally to th Chl f Iha tfvd leavtnf Uocola at t2t. N'o belwr servlcf, ttiwosi rates. Vot tlVket borth reaervatlone etc , fall at ftlv ontoe 1 133 O street, er dvpot IVr, ti and lh slrroU. 1 11 1 a CU llev .S'atlermaa A for r4trric. cona, tiltdert, aud all farm twi!imeiats, We'll use jot rltfnt. XI) ekHUU Mntlt ft.Llaftda. Vm North wMrtrtQ line ti f'hkatfn. Iaiw raws, last Iraita. Vtt U14 T3T ""'sssWSslliii en,