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About The Red Cloud chief. (Red Cloud, Webster Co., Neb.) 1873-1923 | View Entire Issue (May 17, 1895)
THE HEP CLOUD OHJLKU1, FRIDAY, MAY 17, 1895.
Acts like a poultice, drawing
out fever and pain, and reinvig.
orating the entire Female Sys
tern. It removes all obstructions
and creates a healthy, natural
flov of all secretions.
It is the one natural cure for
female troubles, because it is
applied right to the diseased
parts. Don't take internal rem
edies for Female weakness, com
mon sense requires a direct ap
plication for immediate relief
and permanent cure.
"Orange Blossom" is a sure,
painless cure for falling and
dropsy of the womb, profuse,
difficult, irregular menses, leu
corrhcea, ulceration, tumors,
sick headache, constipation, sal
"Orange Blossom" is apastile
easily used at any time. Every
, lad can treat herself with it.
Mailed to any address on re
ceipt of $i. Dr. J. A.McGill&Co.
4 Panorama Place, Chicago, 111.
Fr f ale by C. I.. Colling Itcd
USE BARNES' INK I
WtA. n. HAU.M.S A: CO..60K Htll St. N. Y.
IIP ?u K?iiE5 A HEAD NOISES CURED
?ia,, uwi,igiMfiuiprlii. whi,
Mntmd. ltoptln. l..uiu.. y, UUrox.OSa U'wat
twipra.aoledtpcl. Stnil for book mil proof. FREK.
ChtVhrttrr' I.nslUh Diamond Itrn.
Oricliuil iml Only Genuine A
rc. fciv niltttU. ioit tk t
nott tlran t In Itnt .. fluid tnm.Ue3
ioifi .m wiih tiii4 nf'Nin lake YSS'
in nltirp. I.r ftutit iinatmua in b if if u V
fiwtidUHit tmit ttwnt At Urus-ctsti, or ml 4c.
r la umr-i fr lutlcuUri, trit.runt.U1i ul
ft "llflkr for l.i
If Hull. lli,l)(ll
i.uuirft," in u tr, ry rriurn
Ik -IrilllfinntkW .Vitr Jtinrr
floWfc til Lwckt lruuiii I'hUmJw, 1'r
I hr tn!iul (!ik. M ltillaian Hn .
?, ', L A!H DAI-OftM
Sii'-t: 1M r0'" t0 ' VoLtL'-.l Color. .
y-.)V.l 'lsVjCwi w.-'p.'i ;r .-. 1' n-ilrj;.
-j?rV.i ri v ,?i tnitJit cm, 'n
Lj wttJuj'h t. irtr "
It "jtr liu uurtt L .'U'.l.
vrcv i.un f, in ii , :
i, .'anii'uVcInt.iuc tOc.f.
Thcro'f! lotsof snnp nnrt
vim In tlllN lllltE-i'
IIlKlTllKKIt. TIlCrO'H lots
tit iik-nsuro mid kooi!
linnllh l.i It ..... A .In.
iRODTBEERI llt'lonsilrlnk, h temper-
niiro uriiiK, ii iiomo
iiitulo drill U. a drink
Unit ili'llRhts tlio old
mid votinc- Ho mi ro
and kcI tlio kcuuIuo
A23cfDtiaeiagemtkei5f;illoDi. 811 fer;ticr.
THE CHA8. E. HIRE8 COMPANY,
otlct) to 'I't'itelicri..
Notiee is heroliy iriven that L will
examine nil person who may desire
to offer thuniKulve.s an candidates foi
tether ofthe publio .schools of thii
couuty, at Hcd Cloud on tho third
Saturday of each iiinuth.
Special examination will bo held
on tho Friday proceeding tho 3d Sat
urday of each month.
Tho standing desired for 2d and
3d fjrado certificates in the same no
grade below 70 per cunt., average 80
per cent; for first grado certificate
no-grade below SO per oent., average
90 per cent, in all branches required
I) M. IltJNTRii. County Supt.
awrik Mclutlf. irrtltorj. Tb
llinl.l IH.knuli.r. Wubt.tlllb.
ilulir. Ut ftuitljr Id D. mlout.
M .tti.i, rlntr. ol drift tb.m
wllboul willing lb. tilQd.. Ybtl
t uih lb tulloo. Ibt m.eblb. do
tb.irit, Ilrlibl, polUb.l dlibi.,
ftnl cbcrrul it... no acuta
.Nii broken dltbra.no mu.i. Cbeap,
W.P.HA1UUSON CO., tltr. H. 18, C.lr.. 9.
Notice Is liercby kIvi-ii tliat by lrluo of a
chattel innrtL'iiuu, italed on tin- 4th day of April,
tt'Jl, and duly llleil hiiiI rccoiil. d III lli oflko of
the county elf i k o( Webster county, Nebraska,
on tliei'.ih dny (if Ainll. iw.'. nud executed by
I. A. Miimui, or tlio county of Mills, statu of
lowu. tn ih., l.,iriiif.iK 1'iii)iiil.a It. ink of mild
Mills count v. low ii, to seciiro tho pnyr.iont o(
tho sum 'f I'lfici'ii llundrcii Dollars, intile
six mouths lifter the ilato thereof, and upon
Which llierw U II. iu' ilnrtllin Klllll of Hlxteell 1 1 II 11
tired tttul Twenty-live Dollars; which said mort
JJsk'e. toxether wlili the nolo which the same se
cures, was thereafler, liy said Farmers Ex
cliiume It, ink. Mild, endorsed, assluiied. trans
lerred and iMueinl tome, A. J. Wearln, who
am now ilinoiiner ami holder thereof. Default
bavin,? been mado In tlio payment otl
nam soin, iiien'ioro i win sen me prop
erty Uiereln described, lowlti One kibIh ele
vatorTske about tlility feet by thirty feet, and
capacity about l'.'.'Hio bushels, and situate en
the rluht of wtiv of the titirllnu ton & Missouri
Itlver itallroHd Cnmpiiny, east of tho depot at
Jlulde Jtook, Webster eoiuity. Nebraska, It be
mir the sain- elevntor miii'liasrtl by sld I. A,
Mason from one J, M, Marih Mild s.ilo will bu
at public miction ut Hald elevator at (liililo
Hock, Webster county, Nebraikii, on the '.'ith
dayof May, lbW, at two o'clock p, in. of said
Dated Ited Cloud, Neb., Uay '.'d, 18M.
HR ill 1
VIEWS Or A INEIIKASItAX.
Why FrccColnKc Would KcndrrOir
Two Frrrlotifi .llrtnl Stradr in
Tlielr Itelntlon to linrh
Oilier at the Govern-
(ChlcnKO lii'i'onl, May 7.)
Recently my attention was attracted
U a letter from Mr. Edwin 0. I'hipp
of Bartlctt, 0., addressed to the ''(li
ter of the New York Tribuno nml
gireu space in tlio weekly edition ol
Mr. l'hipps asked to liavo explained
some thing nbout finance. "Why is n
gold dollar worth more than a silvi r
dollar?" he asked, uicanine, in the
light of what went before, Why is the
bullion worth of a gold dollar more
than the bullion worth of a silver dol
lar? Tho reply to tho letter was over tho
signaturo of It. Q, dorr and occupied
as much as three colutnus of tho pa
This Mr. Horr was one time a con
gressman from Michigan and after
ward hired to tho Tribune as an au
thority un tho tariff question. In
suppling republicans of tho runl
districts with stock arguments for high
tariff Mr. Horr met with somo incis
ure of ruccchs. The few profiting di
rectly during the period of high pro
tection havo been materially grateful to
Mr. Horr. we may suppose, for tho
influence ho exerted to maintain the
system. But now, tho displacement
of the tariff question by the fiuuicc
issue seriously threatens the place of
Mr. Horr as advisor of hayseed igno
rance. Many who piped to hispiping while
the tariff was the isssc of issues are
now mute or protestant over his
oracularuttcrauccs respecting finances.
They sec, or think they do, which is
of the same effuet upon Mr llorr's
reputation among them, that he 1
powerless to grasp tho underlying
truths of finance; and many are pained
at seeing him on this issuo distort
himself to exude mutter poisonous to
their interest!, as they believe.
A SINGLE OOI.D STANDARD AltOUMENT
I wonder did the conclusions aimed
a by Mr. Horr in answering Mr.
l'hipps seem tho same to others as to
me? Did he purpose to instruct Mr.
l'hipps and other readers that the
bullion price of gold and silver under
a free coinage system would fluctuate
as fluctuates the iirico of commodities
goods which allay tho natural per
iodic wants of man that gold and
silver bullion, when gold and silver
have free entiauec to tho mints for
coinage into legal-tender money, arc
obedient to the law of suppjy atid de
mand; in othor wordrt, that parity can
uu attained and maintained only so
long as the cousumablo supply of sil
ver as to the supply of uold, and the
demand for tho one as to tho demand
for the other, is and continues us tho
monetary ratio? Moreover, would he
have us beliovo thai oust of produc
tion affected, and with supply and
demand established, the bullion prico
of geld and silver under a free-coinage
I extract somo passages from Mr.
"Tho pctpU who believe in main
taining a gold standard assert that tho
present low prico of silver is owing to
tho enormous increase in production,
which has thus largely increased the
supply, and also to tho much cheaper
methods of mining and smelting sil
ver, which has resulted in an ouncoof
silver representing so much less hu
man labor than it did in formor years,
when its valuo was bo much greater
as compared with gold than it is at
the prtscnt timo. I havo nt the
least doubt that tho presont low priao
of silver is much owing to tho causes
"When the araaunt of pure geld
was fixed of which our presont gold
dollar should consist, tliatamtunt of
gold was then worth almost , exactly
the same as the amount of puro silver
which constituted thon and whioh
oiv is oontained in caoh so-called
silver dallar in tho country, The in
tention of the law at that time was to
make gold dollars aud silver dollars of
exactly the same intriniio value, be
cause a double standard is impossible
unleps the value of tho two units is
"Tho laws of this country require
our finanoial affairs to be managed so
as to keep our gold and silver at equal
xohangcablo valus. That is what Is
ment by 'paity of value.' This can
only bo done by the government pay
ing all its obligations in gold."
Theso passagos aro fairly illustra
tive of the arguments promulgated in
support of the single gold standard;
and, doubtless, the correctness of the
conoliiHiniu I have driiwn frntn iIkiii
will In' fifdy adiiiitii'd
.Mr llorr is uortli of comtui'iiila- i
Hon, in tli.it t in liiiiilling ili issue,
li iimko' ue of Hrgtnii' nt, sucli us it
i?( rutin r I luui iletitiiii'iiiiioti. Tlirrti-
in ho distinguish! s himself from the
greater number of gold standard ad-
vooatei. 1 instancr as one of -he ma-
jonty Mr. Edward Atlinon, ami rite .
Ins article in Thu Keouid of April 'JO.
TIIK NATUIU: OK MONKV.
I wish to answer Mr. l'hipps' ques
tion: Why is the bullion worth of a
gold diiHitr morn than thu buillion
xmiiiIi ol a silver dollar?
At the outset I think it necessary
to eler away some of th eotiluion
of t ouuht in relation to mone.
A clear understanding of the finan
cial issue whether silver should or
should not bo a bearer of the money
function upon an equal footing with
gold cantitt be attained through an
analysis of the subject in which the
terms value, fluctuation, demand and
auppU, scarcity and abundance ar
Hpplied to gold and silver while unlim
itedly coined. Thoso terms have a
definite meaning when applied to com
modities, to goods desira'ile for con
sumption, and which arc destroyed or
retained by tho pctson using them
Money is of a different nature, nml
with like significance the terms are
not applicable to monoy to gold and
silver when freely minted.
Money in not desired for consump
tion or retention. Unlike commodity
it does not expect a final purchaser,
nor do successive exchanges lessen or
increase its desirabiliu; to part with
it is to immediately rcseek it.
Gold and silver unuer a free-coinage
system arc desirable in the same
manner, to the same extent and for
the same purposes that money is.
The bullion is convertible nt tho pos
sessor's will into equal weights of coin
and hence becomes equally desirable
Gold and silver under a frcc-coinago
.system aru not valued chiefly becauso
of use in the arts and for ornumonta
tioti. The demand for such purpocs
cannot add price to the uncoined bull
ion. Why exchange more goods for
bullion when less goods will obtain an
equal quantity of the desired ni"tal in
the form of coin? Supplies of wheat
in excess of consumption nru in effect
a deficiency of demand, the prico
lowers. Hut deficient demand for
gold and silver for use in the arts,
when gold and silver arc free to enter
thu mints, cannot lessen the prico as
measured by the unite of valuo. Why
exchange in thu market tho bullion
for less goods when by having it coin
ed tho com will purchase more goods?
COINED MONKV AND COMMODITIES.
The persons now likening gold and
silver in allegiance to the law of sup
ply and demand uuto wheat, pig-iron,
etc., crowd their rungo of visiou with
tho service performed by the metal in
bjgono ages, and do not discern the
superseding attributo of legal tender.
Gold and silver wero first used for
ornament. Later they eamo to be
used as a medium of exchange. A
mau possessing goods not needed for
his own immediate consumption, and
not conveniently retained unimpaired,
traded them for agreed weights of
gold and silver if ho could. In time,
with tho advance of civilization, oamo
order, protection of the individual in
his property rights and enforcement
of contracts. Units ot valuo wero
enacted, and fixed quantities of gold
and silver were mado to bear tho unit
of value. Thon, gradually, pco
plo ceased registering their commer
cial transactions, their dobts and dues
in commodities such as cattle, rice,
whcat,or gold and silver by weight and
reckonod in the common unit of valuo,
tho coin of tho realm. Subjects woro
forced to take, in buying or selling,
or other payment, any monoy lawfully
Now, 'that whioh will discharged
debt is tho equivalent of all
objeots whioh are dcsirablo and whioh
require labor to reduce to possession
objeotn consumed, tbjeots existing
for consumption and objeots of future
production. Obviously, desire (de
mand) in the abstraot is constant.
Hence tbe demand for money is con
stant The intensity of demand con-
THE DIKAND DOI0 NOT BKLAX.
To fully comprehend the equiva
loncy of money is to apprehend clear
ly the oonstant, never relaxing de
mandability of money. It settles the
soore of past indulgence, commands
present enjoyment and insures against
future want Theso three human
pn-valcucoH en limit nil rUe lojt'thtr
r f.ill togrtticr. Onii nmy fixo wlnlr
tlio oiIht fn In. Tho pit'eont tuny (Jin
regard tlio ubligatioiii of tin1 pnm mid
ncelect the liitnre, hut in th.it event
it will revel lodnj; it may deny itnelf
in penanco of the pint, or mindful of
fuluro gr.itiGo.itmu forbeiir today,
E'ther I'otnlitiou will iiireot the ileiuuml
f"r commodities, hut the detnind lor
liiuiK-v will b uuiill -eted. II not
wiited t liquidate tho pl or tn
provision the future it is wanted none
the less intensely for indiiluing the
present. And for the pie-cnt to for
go it is to have either the pii or the
future grasp to possess it.
''ert .inly there never has hern a
supply suffi.'ient to relax the intensity
of demand, aud just as certainly there
never cm bo. As the division oT la
bor attends on advancing c Utilization
the universality and intensity of de
mand will increase.
Admitted, then, that the demand
for money legal-tender money is
constant Gold bullion and silver
bullion, under a free-coinage system
are money, are equivalent in equal
weights with money. Therefore the
demand for gold and silvtr bullion is
Commodities, wheat, silk, any or all
of tho many objects desired by man,
limited in quantity and produced for
and deslrnjed by consumption, fluctu
ate in value under the influcnco of the
law of supply and demand, and of tin
law of substitution; a sufficient supply
predicates n deficient demand, a defi
cient supply, an increased demand,
while lieond a certain measure of
sacrifice uso declines and substitutes
less exacting fill the want.
THE M1NTAOE 1'lllCE MUST I'llEVAll,.
It :s not so with bullion under a
frcc-oomago system. The uneoinul
metal has the constant and universally
present demaudability of money. I
oderative nru tho laws of tho maiket,
and supply ami demand ns to it.
Fluctuation of value, together with
scarcity and redundancy of supply, as
as well as diliciuncy aud suffictuiiey of
demand, aro not of it. Value it loses
and in its stead a property disttnot
from and superior to value is acquired.
Fluctuation of demand is lost and un
iversality and constancy of demand is
gained; and losing tho possibility of
excessive supply it acquires the im
possibility of sufficient supply.
If it be allowed thai I am right
thus far, there can bu no disputing
the proposition that tho price ot bull
ion, when gold nnd silyer aro freely
minted, is tho miutago prioe, and can
ho nono other. If .'171. '25 grains of
pure silver, aud 23, '22 grains of pure
gold aro each mado the bearer of tho
unito of value, then tho prico in the
market of the respective quantities of
metal will be tho unit of valuo, no
more no less. In the market the
quantity of one is the equivalent of
tho quantity of t!o other; 11 01 grains
gold cannot equal 371 25 grains silver.
There can bo no such thing as "a
fifty cent dollar" under free coinage.
Unc-half is not equal to the whole.
Thu conclusions so far readied aro
evolved from an analysis of bullion
price under a frcc-coinago svstem.
For further argument, let us suppost
tho frco coinago of both gold and sil
ver, as prior to 1873; follow it with
demonetization of cither metal, and
briefly cxamino tho effect on the prico
of tho demonetized metal.
Kecontly an editor of tho leading
domocratio paper of Now York city in
disputing tho proposition that gold
and silver under afrec-ooinago system
aro dcsirablo ohiefly to perform tho
function of monoy said: "The truth
is that gold and silyer perform tho
function of money solely becauso they
aro dosirablo as commodities. Three
quarters of all the gold annually pro
duced, a:sd a largo amount of tho sil
ver, are consumed for manufacturing
and artistic purposes, and their power
to fulfill these purposes is what makes
them valuablo, not their use as money."
It his assertion respecting tho
quantity of gold annually consumed
in the arts is tru, is it not likewise
true that tbe demand for suoh pur
poses is not greater than three-foirths
of the supply? Then how about the
other one-fourth? Suppose gold be
demonetized. What will be tbe effect
of a 25 per ooni. supply in excess of
the prevailing demand?
Wo havo seen as to commodities
that an excessive supply is in effect a
deficiont domaad, the prioe lowers.
Mr. Morton, the seorotary of agri
culture, has timo and again laotured
the country on prices, He has told
how the law of supply and demand is
TnrYTYYTYTYinrYYrra i fl B ffqaff
I ifi fm'
5ANTA CLAUS SOAP
makes wash-day as easy as any other day. Lessens
the labor, makes the clothes white, and does no dam
age. Thousands of women say so surely they are
not all mistaken. Sold everywhere. Made only by
The N. K. Fairbank Company, - Chicago.
tiexoi.ib. ; lio u exacted obedience
from golti mid Milver as tiuly as of the
products of the farm. Granted, if
gold aud silver bu demonetized.
Will the boiioMblu uuutlemaii tell
us the i fleet on the pi ices ol our conn
in men farmers' wheat should the
United States annually prauueo GUI),-
11110,0(10 bushels, agau st an annual
consumption of only :i7a,000,000
bushels, with no outlet for the 12fy
000,000 burhol surplus? Wheat
would become a duiL', would it not?
Wo believe the i flVct on tho prico of
gold would bo thu sutue if gold was
Thu world's industrial coimumption
ol gold, aonordiiig to the Now York
ediior, is but three quarters of the
production. Liw, stntuu law, creates
a constant demand for the twont
five per cent, surplus. The Hank of
Hngliind owes its charter to Knglish
law, and that law makes it obligatory
upon tho hank to purchase with its
notes redeemable in coin every ounco
of standard gold pnsented to it for sale
at thu rquivrlunt in Knglish denomi
nations of $18.92. The prico thus
fixed hy Knglish law mien nil over
the world. In no country will
standard gold sell for less than $18.52
per ounce, less carriago and insurance
Wo believe the United States to bo
a greater country than Kngluud, We
believe this country capable of doing
for silver what England docs for gold.
The treason of somo ami the stupidity
of many has placed us for thu time in
tho position of tho under dog, yut we
beliovo loyally in ultimately loosening
tho fangs. Wo boliuve thu fruu coin
ago of silver by this country will de
prive thu men of England of thu mo
nopoly of money, and forco Mr. Hull
to pay homage to silver as ho now
does to gold, in proportion ns It! is to
Tho task tho president has set the
honorable secretary of ngrieulturo is
much to big for him. Not hut what
wc valuo highly the merits of thu sec
rotary. Out hero Wo think Morton n
bigger man than (jlevelnnd. figurative
ly; mortal, however, we may presume,
ho is. And, therefore, quito unequal
to ridding tho farms of tho country of
what ho technically terms heresy,
financial heresy, tho vulgar nanio be
ing 1G tol.
Nad gold suffered demonetization
to tho same extent silver has, tho
prico of gold bullion would havo son
siply lessoned. That conclusion is
forced upon us. Wo beliovo it, we
must boliovo it tlio honorablo secre
tary to the contrary notwithstanding.
THE KKKKCTOP DEMONETIZATION.
Silver was demonetized. Tho an
nual production of silver exceeds tho
demand for manufacturing and artistio
purposes. The 'mints no longer sup
plied an unvarying demand for the
excess. Universality and constanoy
of demand was lost, Nothing remain
ed but tho baru commodity demand,
Tho prico of silver fell.
Suoh, I tako it, is tho truo answer
to Mr. Phlpps' question: Why is tho
bullion worth of a gold dollar more
than the bullion worth of a silver dol
lar? W. G Sewabd.
Red Cloud, Nob., April 30.
It King Solomon was alive he would
say: "Go to the traveling man, leara his
ways and bo wise." Mr. O. W. Battel), a
Cincinnati traveling man representing
the Queen City Printing Ink Co., aftej
Bnfforlng intensely for two or three days
with lameness of the shoulder, resulting
from rheumatism, completely cured it
with two applications of Chamberlains
Pain Blam. This remedy la gaining a
wide reputation for its prompt oures of
rheumatism, lame baok, sprains, swellnlg
and lameness. CO oent bottles for sale by
Deyo & Orioe druggists.
Just ns yours will be if
you coutmue using poor
aaa . 1 1 jra.-crjMtaaarag.:
Indiiiiinpoliri Join mil: Klin- No, Mr.
ItlunmUrrn. I cannot nt art rtiu our pro
posal. Tho truth la. I utu engngml t
marry your father.
He- why, the old idiot!
BUY THKM LIKE THCM
AND TELL .I'rW
Many ladies have used our machines
twenty to thirty years in their family work,
nml are Mill using thu original machines
wc furnished them n generation ngo.
Many of our machines have run more
than twenty yean without n-pairs, other
than needles. With proper care they
never wear out, and seldom need repair.
We have built seuitur machines for
more than forty years nnd have ronstantly
improved them. We huild our machines
on honor, nnd they aru recognized every
where as thu most siccurately fitted nnd
finely finished sewing machines in the
world. Our latest, tho "No. 9," is the
result of our long experience. In com
petition with the leading machines of the
world, it received the Grand Prize at the
Paris Exposition or 18S9, ns' the best,
other machines receiving only rotnpU
mentary medals or gold, silver and bronze,
file Grand Prize was what nil sought for,
and our machine was awarded it.
Send for our illustrated catalogue. We
want dealers in till unoccupied tenilory,
WHEELER WILSON MFG. CO.
106 4,107 WAn3H AVE., CHICACO
S. K. ('oz.ul. vt.
Th Celebrated l!ej;itered I'.teheren
ONENi II aoij.A.
Will make the s.as.n of 1095 at Syl
vester Dav'a Feed Barn, Red
Cloud, ivsry day in
ONENCHAQUA is a full blood
rsgistorcd dsppU gray P.rck.ron Nor
man, No. 12,604, weighs abeut 1.C00
pounds, iB a fiat looking, well built
horse, and is six years old. 1U has
ot superior in h.rse flesh,
Ti:itns 7 t luMurc.
A II. (JAltPKNTEK, Owner.
DICK FEIUUS, Groom.
Hfci-"" aB rrl'' ", r f sC1 sy
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