ggMtMwt' i" i'" ""' muyi'iiim nwntHM'i
ttiirsiic
.. , j- ,vww t A-t:r OV
JtfCAciagC,UWUanor2'
r w - -
vf.flu'. li MT.r.r.ri' n ir.n
fUwvA-v ninww w. m-
fcautEankers
fm&m Ktanen, WtthrfcmnXiBtew Kept
( lheCo4vBoaTjaiUprojisCaBUte4
dainty T&at All Ciia;lTrjderuid IU
f Mve'rvlnclpel Free CblBaea ArjjBment'
a Wwtfred. lt Turn Chinch Ilnc and
XbllwanfM, Versus 19 tct-Crmnka What
XakMXnteaeat towT Important rrtees
TtmtlHiiv( Klsesv KIhc6 XS78.
rerhspstho sound money speeclj tn greatest
demand 1dH partaof tho countr.'andthodo-
jhand forwhlch la moat cnimtuntly growing, la
lhat af-Juds Oeorne N. Aldredgo of Dallai.
Tex.r dtllverrd Oct. 10, 10J. at the conveutlon
otr the American Bankera''asBodnUon ntAt
,')ntaj Qa. 7o aro'cortaln that nil of oar road-
'rs will relish the wit ond humor which bpael
tiio dignity of tho bankora. Thoy will nUo find
'it Teryilnstruirtlvo roadlrg. Wo reprint It 1b
. full bclowj
, The proposition that this governmont should
oqln silver for .the world, In unlimited hmount,
at doubla its market value, is to ropugnnnt to
.' the common .sensa of mankind that it ought to ,
'bounneccasary to flliwuiis It, and would bo but
. for tho faot ihat rt portloiJ o our peopln havfr
been misted by appeals to their prejudice and
. by tho specious rcr.uonlng of sophists. If our
'. government wcro aflced to declare that two
' quarts rqualed a gallon or to revise the multl-
' pllontlon table and enact that 10 .times 10
. equnlod SCO, all men would sco tho oily, but
when Mked to believe that J10 wpJlpof silver,
by being touched by tho govururaent stamp,
kiitantly becomes worth t0, muuy pooplo
.'honestly bollovo this miracle may bo necom-
'r.Uhod, and many others affoct to believe It
f'ror practical purposes,
V la all ages of thij-'world thcro have boon do-
, hislons In reference to monpy, and In spite of
,, nnlform disastrous results many nro over
j' Ycady to listen to tuo uiacnings or any cnnria.-
1nwno claims tnatnenusuisoovercunsnorv-
.a. a.A&. m MtAAilh iifh a BVAriwfh vr A1 r
i,r rniitn tn tvonlth. Thov rsfnv) to nrrnlv to
- Vioney that hard common uonso which they
.exorciso In dealing with tho everyday affairs
''ef life. The iguorant havo nhvuys had super
'Btltlon about silver. Among tho urgroeaof tho
south nothing would kill a wi(uh but a silvor
.' bullet.
, That our nncostors 100 yonrs ago llxod a unit
of value (a gold or vllvor and fixed n ratio bo
,tweon thorn is Immaterial to us. Their imm'
'pie in so' doing is uot mora bindlhg on us than
tholr methods of business, tbclr meanrf of
. transportation, or tho linplementH with which
'jthoy soiTi'd and reaped. It would bo a sad
;' commentary upon our lnttllliccnco it wo had
A learned nothing 16' 100 yours. We do know
ji that it) fixing ratio they attributed no msglo
.y'to tho govurnment stamp, but suught diligent
vIy tODsourtaiu the market value of tho two
,, metals in tho leading nntlotiu of tho world and
conformed, as th;y thought, strictly to this
't, market ratio. Iiy pursuing tho method edopt
''cd by thorn V.o would now fix tho ratio at
jjibout 82 tt 1. Tho oonslstunt man Is not tho
;,pnowho stands In on a place alwjiya, regardleai
f of the chunulng conditions around htm, but it
is ho who, with Intslllgenoe and circumspec
tion, adapts hlrasolf to the changed condition
J,at affairs.
'"' Gold Versus Silver Standard Countries.
' For nearly 9) years every cnliRhtcuod nation
In tho world ban beon.on o, gold standard bnsls.
They ore nil rVbrtsniVrntlvo governments, and
v their lay bro mndlj by their people nnd for
v hclr p-op)o. Tho government which first oa
A tabllaliul the gold standurd la uioro obodlent
.'Jo bo will of its peo)ilu than ours is. When an
? important ndminUtfatlon mensuro is defeated
Aby thd representatives of thei-pigllsh people,
' tbe goverpment Is immediately placed in the
bonds of tho opposition. The gold standard
Rations nro those that havo reclaimed the
world from barbarism and have given it all its
yjoarnlnp and invention, where Bchools and
ihurcheu abound, where tho dignity of man la
maintained and labor properly rewardod, and
yhoy control the commerce of tho world.
t. These natibHs, after testing gold nnd silver
(''for hundreds of years, voluntarily adopted the
gold standard. No nation today )ian tho sliver
standard from choice. It ts only bucauno they
fin weak and helpless ttf remedy the evil that
- .any or inem remain on a uirur fjasis. imt to- '
day the United States, tho foremost nation In
.all tho earth In solvency and resources. In In-
tclligence and energy, is soriously invited to
, abandon tho Htandard of clvlllmtlon and com
fmcroo and to consort with half civilized, halt
yelad proplo, who are weak and Ignorant, who
fhavo little or no oommurco, where bull fights
, (iboun4 and Bqhoolsdonot, where human labor
fte In sharp competition with tho nlook and
owly Jackass, where a broecbclout is preferred
'4b n full suit and wbero tho bulk of the peoplo
;know so mora about a standard of valuo than,
a mule about the nobular hypothesis. Surely
.wo would do well to take a look at tho coin
;pny boforo wo sit down to tho feast.
Free Coinage ArcuraenU.
. The Invitation is that this country, after
having adjusted Its enormous bualnee.ii for 20
years to a gold standard.vehull nuddcnly ivad
just all business.' and al) values to what is
termed a double standard of gold and silvor.
1 Tho arguments advanced hi behalf of such a
eban'ge aro;
', First. A doubla standard resting upon gold
and diver would give a mora correct meaiuro
of value and one lesi liable to fluotmttlon thnn
a single gold str.ndnrd.
,' Bocoud.r-Oold it& appreciated in valuo and
all property measured by it has declined in
,'value. f
Third. The supply of gold is Inadequate to
make It a safo standard, and tho scarcity of it
.will tand to th deprexsiot) of prices. -j
Toartb. Tho tree, unlliultod colnsgo of sll
,yjr at the ratloof 10 to 1 will creato unlimited
jfSemund for Miter and restore It to par
I Firth. Free ond unlimited coinago of silver
i at 16 t9 1 will Increase tho prions of property.
, T Slytbloal "Doabje Htandard."
With reference to the first proposition: A
standajfd of value U norijo exact measure which
entere -into and becomes a part of ovftry con
tract, apd to which all obligations aro refer
able. Uur government could, by legal cnact
tnent, fix tbe value of gold and silver tn the
'markets of tho world and could keep them ad
Justed fo u fixed. ratio, a double standard
would V practicable. Dut It cannot tlx or'
.'malijtairi value. Tbfi buyers of the world, the
merolhttits. do that. When Abraham purchased
bis lot' ta Ephron's ometery, ho weighed out
to Ephron silver '(current money with the
merchant." And thq merchants of the world
have born saying what shall be "current
tinoncy" from that day to this.
GovcrnmentauroaiTDoworiekS to suspend tbe
law of value as they no.Ho suspend the law of
crnritatlon. Su.Ji belng'tbecuM, I can con
mlvo of tivo standards, ono of gold and the
other of silver, and contract might be made
jufurablo to either standard, but the lndeter
plunte double standard, resting on two sxst
pla not linkfd togethor by any binding pbll
Ration, but both acting under go as you pleano
rules, is to me ubsolutely Incomprehensible.
Wo cannot bind them together as we do two
notals in the pendulum of a clock or in the
mainspring of a watch. No peoplo ever did
AjRsuieiM under the Imaginary double standard,
and every attempt to enforce it has resulted in
alternating trotf) ono standard to the other.
;ngland tried it for 470 years, end it was an
.ctter failure Franco changed her ratio 119
times in 13 yearfr tryluj o walk tbo double
standard tight rupe. Wotrlfd it and west first
to a silver basis, ihen to n old basis, tlen to
n paper b&sls aud then bauk tq a ;rol J b&sls.
,Thu pbrajK) "doublu standard" is o ontrudio
,tton of terms. Standard uwMcscoriv&ttMtas
nfo. and thnro cunuct be two dUTetnt correct
notwnru of value ixny more than thorn iwi bo
yvru difforvnt correct wnlghua u bell by, two
HUftiTox? ourrect compo&MS to ra'l by -or two
tltit.iAt cvifsi theraoacttid .t? tat&t.ro
K '
hiI' 'WvtwiU..
KinTiwFfrtae'tf
by: Voafe BWjtnrmM cwrrtfci. do
dUcrWinjt"diu'.rfrou It and Ur correct.
Oroliin' Ilnw,
It l at ttnararnuto lnvrof money that' when
twoTUt.'Uls nnrcuiued ntaflxrd. ratio and both
rmriwUgiaumderlfelttonucunderMiluod In
tftaeolrmsfo law the tmdcvvnlnfd: metal goes
oncrarcircuiauon.. abtov iuwiuiuiuit. ui vuu
fourteenth century Nichols Orutrae. tbo
otft or circulation. About tboruitiajo. or tne
rainer oi unnuco in rences niroounccu uib
frcaK wk uuanvif v , nf j van imec wupi'r
., . . t ..i.. v. ..,. 1-. j
niuas:. tbo founder of. modern, astronomy. an
naumitttotho-PnioHlnnpi andfttyrortr till
Inter Grfmbnro announced It to Qucc-iy EIIm
btthi. Micaulnylii. hi,,nitoryf Kngiand"
shows- how'porfectly this law worked In Eng
land, ami eloquently describes tbo direful
eonsrqucsros. He was describing' roina de
baited by dipping, hat still Ideal tender. A coin
Is last m bad when debnHedV by overvaluation
In coinage as whrn clipped or counterfeited.
Iu the ono ease tbo creditor is deceived, and
in th other he is forced. IClrt simply the
difference between theft and robbery. The
law of money has never fullod. We kuovr what
will ha it onernthm itist as we' know that the
i deadliest poison will kill because it always hi
IdUed.
We- Mow Have ltvto i BlnieUUUm.
Tbo gold standard ndvocatefc.be.Uovo In cold
as a standard with the largest, poraiblo safe
uso of sllvrr among tbe people, Tho 10 to I
dreamers bolleve In tbo so called double stand
nrd. und we are driven by this law to thn use
of silver alone All cold standard coun
tries 'jibo largo- amounts of silver and no
silver standard country nsos any gold what
over. As tbo practical questlua U tbo use
of tho metals, it follows that wo aro tbo
blmetalllst and the 10 to 1 people aro tho
monometolllot. Ilenco the battle that is to
bo fbught to a finish next year is whether wo
will remain under n gold standard, with actual
bimetallism in turn among tbo people go)d
and silver circulating freely without dlscrim'
luatlcn against niitr or suaii wo huvmym
callixTdoublo standard at the mints and no
rheT elo, with sllvor monometallism In op
tual une? Tho battle is between buhftonco and
shadow, between tboso'.who want bimetallism
in faot and tboHo whq ,wunt it in muno only.
Wo aro tbe friends of alitor money, who would
bring to its aid tho power of the government
to keep it good, and they Cro its enemies,
who, by unlimited coinage, would take from
it tho gunranteo of parity by tho government,
nnd thoroby degrado it to its markut valuo.
Our government has been and Is now coin
ing silver the ratio of 10 to 1. It is enabled,
to do this.'bocauso under the law It can ro
striot the amount coined, nnd, being vetted
With this control, it undertaken to tnako every
dollar good money. Tho moment the govern-
meat jC0p8 control of the coinage oonfldenoo
ln ItH ability to protect tho
i ability to protect tho money issued is
gone, nnu a miver uoimr uien rests on us mor
It and is worth CO cent. To Ulutstrnto: A
merchant could very well guarantee tho ex
penses ot his clerk It he wero allowed to con
trol tho expenses, but If the dark demanded
f roo and unlimited exponscq l then tho mer
chant would havo to "stond from under" and
let tho expenses talca care of theroBoiVes.
Wo hear n great doal of lndjffnant declama
tion bocauso tho gorcmmcnCdooH not pay lti
"coin" obligations in silvor. To maintain tho
parity between gold and silvor It la essential
that tbo government In receiving Its duos und
pacing its debts-must Iguoro tho inferiority of
silver, Just ns a mother pretends not to seo tho
limp ot bur lamo child. This gives tho option
of piotals to tho person dealing with the gov
ernment, whether n4 debtor or creditor. If the
government should dlscrlminato ogninst Oliver
by rofusing to recolvo It for dues, or by insist
ing on paying it instead of gold, that moment
tho parity would be gono and the ullver in
every roan's pocket would would be nt a dis
count. Ita coinage being under the control of
tbo government, tho government nmkori It
good at its counter, and this makes it good at
evory counter In tho world. '
If thcro Is anything in tho double standard
stability idea wo ought to work for it for all
It is worth. If two metals will fix value better ,
than ono, then throo metals will beat two, and
four boat three nnd by having eight or ton '
metals In tho standard we can anchor It sol
that It will not crawl tin Inch In 1,000 years.
' Tho second proposition is that gold bos op- I
preclntcd find tnorouy uoproseu prices, ine
name cause operating.'upon a number of ar
ticles will produco the same effect in nil those
not ntTected by a contravening oauae. When
we oontemplnto prices, wo find that since tho
gold standard was adopted, Feb. 12, lbTJ, some
articles liave declined hi valuo, uorun hnvo
remained stationary,, while como riAou in
price, nnd uu contravening causes will no
count for tho failure of gold, to dopreas kill
allko. Wo find that no two article have de
clined nt tbo same tiuio or tn the sarjio de
gree, nor has any ono nrtlclo remained uni
formly depressed. This demonstrates that, as
to thoso articles that havo declined, no one
ooutrolllntf csuho enn bo nasignod as having
produced theso results.
Tho ftoctt argument or tno in to l people is
that wheat and cotton havo declined, und they
seem to gloat ovor the fact. I knoty on old
negro who, when ,(akud how ho wo getting
along, always" replied, "Poorly, thank God I"
and thoy are thankful when tho country Is
poorly on wheat ahd cotton. Since 173 the
vast fertile prairies of tbu northwest have
been turned Into whcntflelds, so that the pro
duction ot wheat in tho United States has been
doubled blnce then. Tho eamo thing has been
going on in llus-du and South America. Tho
wonderful improvements In machinery for
harvesting wheat and tho extension of rail
roads for transporting it to market gave an
iramouso Impetus to tbu production of it. A
'farmer can inaUu more monoy ruining it at CO
cents per buahul today than he could at II por
bushel 20 years ago. Thu roeult bus boon' that
tho overproduction of wheat has reduced' its
prtco, and tbo gold standard had nothing to do
with tbo reduction. Its priou Is regulated by
supply und demand.
Chinch Ilugs, Caterpillars and 15o)Iworrns.
Last May a llttlo: bug settled down on tho
wheutfioldB of tho -nortbwttt, and in oue or
two weeks eat up onchalf ot tbo 10 to 1 argu
ment on prices and sent tho prices back into
the neighborhood of those of 1S7U. Tho old hay
seeds, who knew tho habits of the chinch bug
and tho kind ot a multiplication table he used
in regulating tbo lucreaso iu his family, took
the trains for Chicago, commenced buying
wheat and broke nil tho "smart Alecks" In
tho city. They may havo talked gold standard
depression at homo, but they put their monoy
on tho chinch bug in tbe city and won. Ttio cat
erpillar and boll worm can do the same thing for
cotton. I only know the chinch bug by reputa
tion, but I am personally acquainted with
theso worms. They aro composed of appetite
and skin. They do not care u tinker's hlusulng
for, anybody's standurd, and when they invade
jibe cotton Ooldn ot tho soo.th thoy send tho
price of cotton up in overy mart of tho world,
gold standard or no gold f.taudurd. Thoy havo
been doing business with us this summer nnd
have moved the price of cotton up CD jmr cent.
This bug nnd these worms haven't many
friends, but as sluggers In on argument with
a 16 to 1 crank they are entitled to tho belt.
Cotton brought 1 a pound In Now York dur
ing tbe war, and 30 to 40 cents a pound tho
first year after the War on account of the four
years' ooUob. famine from 1C01 to 1605, and It
was several years getting dowu to Us normal
prloo. The prloo declined when wo' made too
much of It. The largest cotton crop mode with
slave labor was 4,000,770 bales, and I remember
it was confidently predicted that no such crop
would ever bo mado with free labor. The crop
of lc72 was less than 3,000,000 bales, and wo
gradually Increased it to a little less than 10
000.0J0 bsjes in 1S9 India, Egypt and Unull
aro also rp Uing larger crops of cotton. Tho
immense crop of 1SH was thrown ujon a
market Illy prepared to receive It. For three
years there bad been Ust cotton goods oun
KUinu than usual, owing to tho worldwide
panic, and depression of business follow ing tbe
Baring failure, and these'two conditions meet
ingoverproduction and under nuumption
brought cotton dowu to a very low price
Some of the PopulUts tell us there cannot U.
overproduction until evcry inaj, wo.uun uuu
child in tho world has u rotuud ftou-uoii ana a
full salt of clothori. This is based nrn th
communlstlo idea tbut it is tho duty of fuv
ernmeut to tuke oaro ot every IcUfer who U
too lazy to work for u living, and Is too con
tcmptlblo to waste an answer cm. ' ,
Prlevs or Com, IIok. Uutter. Potato, Ktc
Have ltlseu Slaco 1873. l
If the j'il standard dtpmaoJ, waeat tv
cotton, It . sruuj leaded at both ends, foi
, u netted. Btatm Is iKem.tnioi.Mo rJ
crop of- tho Dotted. BtMm Umore-rultrnWe
tlfti both the whost- nnd cottDtrcrofa-eani
blnotL Tho crop of conr made Just-preceding
the-gold standard, Itr !!?, sold for 81 mitt lit
gold, figure, nail thecrep of INM-Wca worth 45
csntrln gold, and It. htm generally boor above
tbe-1872 price. Tbo oat crop laabout equal to
tho - wnrat rrop. (jot- woto worm wcnaiwjn
1872 and 62 cent in IKH. Fat beef, stecra-wrre
wcmkllOln rold In ISianna UKMn goldlnI8C5.
TTw nvn mnm iimw tlian. Mmv wi rn In
:. ..
187 and have generally been" higher than they
wcro then. The farmers' wives get ns much In
gold now for butter, chickens n-id ffips ha thiy
did In greenbacks in 1872, nnd this crop 14
morfi valuable than the wheat end cotton
crops combined. Tobacco, potatoes, bacon,
hay, coffrn, leather, whisky nnd a hundred
other things have not declined In price.
Itbor, IjiuJ, Wool and UoWes. '
Tho labor rrop Is cgunl in value to nil oMjer
crops combined, nnd It baa stetulfly advanced
In price. Land is uivtch more valanble In imld
now thou in 1E72. notwithstanding It wae de
pressed by the pani'eof iKi2nnd 1803. Tho price
of wool baa declined, but tho world's produc
tion of it, fclneu 1872, has doubled and the use
of it bos boon partly supplanted by tho use of
cotton goods. Horses havo declined, but tbo
railroads, olectrla cars nnd bicycles tire doing
tho v-ork they tlul. The cost of tho produo
tlon or nn article fixes Us viilao. This Is nccVs
snrlly so, becauBo It the profit; is large, others
will bo attracted to tho business until the prloo
Is brought toiUpropor level. All articles man
ufactured by machinery have declined in price,
for the rrnson tbttt with each Invention tho
cost of producing tho article is lessened. Hu
man genius has produced muro results for
cheapening production in tho last W years
than In nil the ages of tho world before that
tlmo. Theso grand triumphs of mull over mnt
tcr, instead of fibowlng depression from n
standard of valuo, show forth the glory nnd
dignity of tho human Intellect, and nro an un
mixed blcsalng to tho whole human fomlly.
Could any ono outside of u lunatic asylum at
tribute all theso diverse nnd invonslHtint
movement of prices to ono coubo, and that
cnupo noting evenly and uniformly upon ull
things, nliko?
What Slakes Iuternst low?
Interest has declined sinco ISA in my part
of ttio country from 8 per cent per month. to
6 and 8 per emit per annum. There Is no deify
ing tho fact that tho goldbugs did that. Tho
south and west bavobaved more on thedeolino
of interest thnn they have lost In tho decline,
in whoat and cotton. Interest la always low
under an honest standard, among an holiest
people, where money Is plentiful. It is lower
in London than In any othor Rpot on tbo globo
because her standard Is stablo nnd her com
mercial integrity hns been tho care of hor
statesman nnd her peoplo for ages past. Eng
land's punctuality iu mooting hor obligations
has mado London tho clearing house of the
World. Tyro was the London of ancient times.
Boated on tho eastern end of tho Mediterra
nean, sho roignod queen, of commerce) for con
turiert. Tho scepter of commercial grcHtncs3
posted from hor when her own children reared
Carthage at tho other and of 'hat sen. Homo
K)0 years ago England planted colonies in
America, and toduy tbe United Btntes is F.ng-
lam'l'B only formldatlo rival for tho com
niorco of tho world. Tho object lesson of un
dent history is being repeated. If ;tho insati
cblo minu ownord by use ot their millions, and
tho plr.ee huntlngdomngoguos by unctuousnp
peuls to prejudice, miococd In driving this
i country from tho standard of civilization and
commorco, tbo standard that announces In
tegrity at homo and inspires confidence
abroad, to n fiat standard and silver Uinta,
then Englnnd will have no rivul to gruppla
with hor in tho marts or jno worio.
More Gold und More Credits.
Tho third proposition Is that tho supply of
gold is Iniutfllcient to make it n correot stand
ard and its scarcity will . tend to depress
prices. Tho average annual nutput ot gold of
tho world for tho first half ot this century, In
round number-, was J15,U00,G00. From ltSl to
lECSt covoring tho guld Ixom in California and
Australia, tho yearly average was JJiW.UW.WJ,
Tho output for 1NU was 1U,000,COO nnd for 1KM
l8l(()00,U)a Tho birth rate among gold using
countries is not Increasing, while tho produo
tlon of told Is on the lucreaso, us Just stated
Tills answer ought to satisfy even tho extrorao
10 to 1 peoplo the "por capita" Populist s--pcciaUy
in view of tho fact that improvements
In power nnd machinery nro bolng applied to
tho produotlon of gold, whllo tho genius o in
vention llnds no inducement offered por field
for operation in tbo population buslnoss.
Uy next answer Is that tho mora highly en
lightened the world becomes, nnd tbo greater
the Improvements in business mothods, tho
leed necessity thoro is for tho use of actual
money ot any kind,, Steam and electricity
havo so knitted civilized peoplo together that
peoplo together tuat
they nro practlcallyono community. Busducss
mon spcalt to eacn otnor urouna tne woriaas
if they wero nhsemblcd in tho xamo bnlldins.
Tholr business is dopo on a system of credits,
without tho use of mouoy, oxcept for ultimate
busluess men. It Is broadening with tho evolu
tion of man from a lower to a higher piano of
intelligence. A farmer may Mow live for a
wholo year on the fut of tho land nnd never
bundle a dollar In money during that time.
Htnay receive clivcks for his crop, dcpot.it
them to his credit with a bnrik and draw on
tho bank for what ho owes and spends. Nel-
tlier tie nor tuo men wuo oougni uu crop naa a
dollar In tho bank. They only had credit
"The bank owns the money In Its vault, and
its custoraors simply hnvo tbe bank's obllga-
tlon. Hank credits perform precisely tbo same f
work that gold nnd silvor do, mid they per
form It much qulckor nud moro oonveulontly.
'rho Scots nre tbo most conservative peoplo In
tho world, nnd they hnve hnd tho best banking
svstem of any peoplo for 300 years. On a gold
rcworve of $23,052,(0) they support bonk credits
to the amount of $413,288,000. Tho btt author-
ltles eatimuto that only ono bill of exchange
in 600,CuO Is over paid In money in England.
Gold, silver and other money psrtorm 1 per
cent of the exohnngoe in this country, nnd
credits in tlio shapo ot bills, notts. checko.
otc. do. tho father 00 per cent. Tho busuicss
of theworld could nomore bo done today with
gold and silver than IU inland transportation
oould bo done with ox wagons.
Tbe 10 to 1 orators, In denouncing the act ot
187U. assort that half tho money of the country
was destroyed and hold out the Idea that our
money has been, contracted to that extent. In
lb72 our population wns 40,600,000 and our per
capita of money was I1S.70. In 1894, after the
country bad been suffering with gold standard
for 21 years, our population is oj,-'io,WM ana
our per capita of money is tSS.44, and wo, have
much bettor money now than ho had then.
The adoption ot 'the gold standard as n meas
ure ot valuu did pot increase the demand for
gold for use to any great extent. Alcohol Is
tho standard tor measuring tho strength of al)
spirituous llquora, y6t that tact has never been
found to be vory straining on alcohol.
A Surfeit or Silver.
Fourth proposition, that tho free and unlim
ited coinage of silver at IS to 1 would create
unlimited demand for silver and restoro It to
n par. .How tho liicru coinage of cilver can In
any way Increase Ita use among the people I
out unable to understand. If thero was not
enough of It for use as money and tho govern
ment was limiting the coinage of it and there
by denying tho people of tbo use ot it as
money, then there would be force In the prop
osition to lucreaso the coinage of silver. Out
our condition Is exactly the reverse ot that.
Vue amount of coined and uncoined silver In
the treasury U fM-'.OJJ.OOO, while the amount
In circulation is about fl07,XO,000.
To encourage the uso of silver by the people
tho government exchanges coined silver at IU
mints for gold or legal tender curruncy and
pays the express charged on tbe silver to any
part ot the country. This cttnod silver Is all
good money, "The dollars aru legal tender for
all debts in any amount, und the halves, quar
ters and dimei nre .'xchangeable In sums ot
30 for gold or otbw legal tvuders. Notwith
standing tbo iudi.i ment offered by tho gov
ernment to promu.o the use of silver. It has
hltht rto btwu unable to force into circulation
more than ubout ono fifth ot IU stock on hand.
Then, why all this clamor for more coinage? If
a mau had five times as much blood In his body
us bis
nrtsries and veins would iroubto and
fibs of It wus lying Idle around hla
would anv one ear that suoli a man
I'.iur-Jlfihs
hiuirt. would niiv one ear thus snoli a man
seeded atrou and unlimited yifusion of bloodf
A guveruineut can no more Induoo Titople to
rO.SCLUPFD NEXT 7EEU.
C35!
wt i fTtafrrmiTwwiraaiwa.jcgawuBnjaLii
-rK- r- 4ft. '-- ' 'ii
psM Out
For the Next THIRTY DAYS I Offer
py entire
i"
T
,at the Lowest Possible Prices
jA cost. W. K. HERNCALL.
From th National Capitol.
The Virginia democratic As-
Mim'ation, of Washington, tit its lapt will mako tho bond investigation
meeting unanimously adopted V undor the recently ndoped Senate
resolution endorsing Senator Dan- J resolutions says lie favors con
iol of that state for tho Democratic ductiug the investigation in secret
Vice-Presiduntial nomination. 'The and making pulilic its result when
Convention micht oaslv nominate obtained. Ho takes this stand
worso mon than Senator Daniel.
In deelininn to furnish tho- Sen-
ate with the-correspond once con- I
...a.,. ...nt. . i. ..0t t, i,
Snaniards of American citizens on !
the fUlibustoi Competitor, Presi-
dent Cleveland merely exorcised
his constitutional ncht to with-1
i 11 i- i u i" I
hold information which in his '
judgment ought not to bo mado
public, and doubtless he " will ex
plain his roasons to such Senators
as may take tho trouble to call on
him.
Tho republican, house was so
disgusted with a resolution offered
for the impeachment of President
Cleveland by Representative How
urd, of Ala., that it refused by an
almost utianjuious ydto to give
him a hearing on it. Howard
has been
virtually ostracised
over Bince he became a mem
ber of tho House,'' except by
his fellow populists, because of a
disgraceful book ho wrote just be
fore he became 5 'candidate for
Congress.
There is food for thought in the
words of Senator Hill concerning
tho probability of tariff legislation
at any time in the " near future.
Hn said: "IJierO Will DO HO 10X111. .
... . ti,-, n,.na At in '
lugismiiuii i uib ui)"p'."i '
.. ovtVfl onsRinii if nno -should be
!" OXIUI SOSlOll II one blioum u
lioltl. OP ill tllO two years during
which the next Congress will bo
in session." It looks as though
most of 'tho Senators agree will
Ponator Hill's very emphatic as
sertion, for not one of them even
-, . ,,,.. ,;,, ,.
mtldo tl proteilSU of denying or
of
challenging thom.1
, n;..f in Fr.rmiitinn f .-i.tti . rlmir-
' mim Harritv. of tllO
, , ,
National CommitteO,
Democratio
knocks out
, . , .1f
t 10 Sensational report
that Mr.
lTnrl.:rv ',nfl e.ii.1 that lin deliL';llO
iiarilty liatl S.llU mi liu uyaiu
WJ10 caYO advance notice of Ills 111-
. .. , ,
teiltlOn to bolt tllO CaiUllUatO ana
.., ;e ti, ,i:fit cnit liim
platfomj, It tllOy Ultl t SUlb llim,
1VM1,rl 1,'n nrlmitlftil tr flip Cllictiro
'"fl 06 aUinillOil to TUB uinu.io
(.(jiivl'Iltion. Of Course Mr. II&1'-
nt' dldl'l t SaV SO. .Neither 110 nor
- .; jj::,i Unu
tlliy other individual nas
the
ad-
,llliw.,;it, tn Rav who shall bo
ut'iiwtvi -'.f ..
What
mittetl o the Convention,
ho did say, and what has been said I
by scores of democrats in-.Congress
is that no delegate who threatens
to bolt ought to be admitted to
the Convention,
Tho McKinleyites knocked the
last prop from under tho republi
can ant's when they brought their
uatteries to bear upon tho members
of tho republican National Com
mitted with fcuch good results that
thirty-two of the fifty one mem-
bora aro now nunouncoa uy uauw
as havi.ig pledged their support to
Mr. MoKiuloy, the latest recruits
being Senators H&nsborough, of
Nor til Dakota, and Shoup, of Ida
ho, tho former having just return
ed from a visit to McKinley.
This destroys tho hope of his re
publican opponents that McKinley
might bo beaten by tho Natonal
Commit tea' throwing out MeKin-
ley delqgiXteS from ttli I UU btates IU
. . ri,. ., n,,inctj n llin
W.licll IhUrO tire COUtObts, OS IUO
mmmilteo will HOW bo C.'l'luill to I
"" 11
I tovor mn wuereevur u cau uv uuuv.
- f
& -i
Sale of
stock oi CLOTHING
Seuator Harris, of Tenn., Ohair
man of tho sub-committco wliich
,1 t , l-i ,
Hot beCRUSO ho laVOrs hiding any-
,,.,,., , . , . '
thing lint because he is opposed to
b'.vil,g Ul teatiiuony publishod by
meco'ineai as it is iaKcn ana com-1
wonted upon in tho public press
The matter will be decided by a
vol 9,1 "l0 omrauice as soon as
U is 'eady to begin work, which
will bo n. snnn mr flip tntnuifnt of'
WU1 uo ll& HUUU fB llw sti'"oit ui
Secretary Carlisle, upon which
Treasury clerks aro now working,
is in the hands of tho committee.
The probabilities aro thai tho in
vestigation will not begin until
after Congress adjourns unless tho ,
J
session snau oo uuezpeciecuy pro-
longed.
President Cleveland's consistent
record of refusing to sign River
and Harbor bills, to say nothing
of the extravagantly large appro
priations already made by this
Congress and tho lack of monoy in
Bight to pay them, makes it reason
ably ceatain that the River und
Harbor bill now in his hands, which
breaks the record by providing
for tho
enormous expenditure
of!
i
875,000,
000,
will bo
vetoecl.
CoUCreSS IS expecting a Veto, and,
owiiinr to the wido distribution of
the- appropriations proviJed
for
in the bill, expects to bo able to
pass it over tho veto. It was
stated in Washington ten days ago
that enough votes had beon pledg
ed to pass the bill over a voto.
Whilo nothing is positively known,
democrats generally hope and be
lieve that tho Prcsidout will mako
his messago vetoing this bill a
ringing protest against tho extrava
gance of this Congress something
that will make a strpug and con-
vincing democratic campaign docu -
HlOllt.
" The luuier&iirnud will take cattle
to herd for tfje seusoii of 1806, tit
Foshct's ranch.' Terms, $1, for sea
son, from May 1st to Oct. 15th.
E. 1). Pipbr.
llavincr purchased of J. M.
Trout lib Shire stallion, "SAXON
T7"TXTT1U Ami lii 7?irn1i finnnl)
stallion, uijnaujjT, j. wmsiana
them during tho season at my
farm, six miles west and two north
of HQiningford. Terms, So to m
suro. These stallions are too well
known to need further description.
A. S. Enyeart.
NOTICE TO TAX PAYERS
Tho county board of commis
sioners of Box Butte county will
meet lis a Board of Equalisation
on June 9th 180G at tho clerk's
office in tho court houso in Hem-
ingford, Nobraska, for tho pur
ooko of ooualizintr the assessment
j, . -, i.
j tuxes for 189(J as rcqired by
law, tho session to hold not less
than three, nor inoro than thirty
days. Complaints concerning
said assessment will bo heard at
at this session.'
By order of tho County Boai;d.
F. jl. Phelps,
County Clerk.
TUTTLE & TAS3I
Attorneys - at - Law,
HFKlNQfORD.
KEBRASKu
sssttf
T
f
HUiLiLil.iiy '
Regardless
Finql "Proof "Notices
Hon. J. W. WEiix.JIn., lleglsler.
Hon. F. M. Duoom, Kccolver.
Parties btirlnK notltew In this column rn r
one8tl to read tho pnutie carefully nnd rcpott to
this oiliro for correction auy errors tlintms;
exist. This will tfreveut iiosslblo delay Iu
niakint; proof.
Land Ollico nt Alliance, Neb.. May M, 18W.
Notice is hereby (riven that tlio followiits
namiol settler hna filed notice of Ids intention
io nmiu) nuni proor m support, oi ins rianu, anil
that said proof will bo made before lleglster or
llocelvernt AULinco, Neb., on June 30, ibl, vit
maktin macphce,
g 0u-"& ton,:lrO0iENo,516 fot
' liin continuous residence upon and cultivation
. .',o ,,.u ui ,?. muwi u pro
01 saiu lanu, viz: Joim rtiilienlterKer, Edward
T. Uregg, William I'. llurton.of Marlaad,Neh.,
Morrison llowchard, of Ilelmoot, Neb. Also,
Notice is hereby given that
LUrilEll L.MAXFIELD,
of Calloway. Neb., has filed notice of intention
to mako final proof boforo HoKtuter or liecoiver
nt same time and place, rn timber culture appli-
,,0 No yS8 fol!l0 n 1354 8ec.8,tpan,iK
4'J w.
Ho names as witnct?en: QooJco W, Eparkr,
James l'inkcttou, Jr., Wm. Micbaols, W. fc'
Walker, all of Jleminirord, Neb.
J. W. Weiix, jb., lleriter
land Otltco at Alliarre, Neb., May 21. ml
Notice is hereby ciienthat the follow. m;
named settler has ilea notice of his iut'-iilnui
tn mako final nrnlif in Rlinnort nt liln c.lnim nn 1
that widpiootwiiiiM made iforo the itgistj-r
or lim'f'lver at Alliance, Neb., on Jnuu J,
lsOO, viz:
MATIilAS SOLmillG.
ot Clearmont, Wyn., who mado If. E. Nc. 5G0,
for tho B W i sec irf, tp 20 n, nt 48 w.
Ho names the following witneoseq to pfoVo
his contifttiouH residence upon and cultivation
or raid laiui.'vit: John liarnBtead, Pet. O.
Anderson, of Ilomincford, Neb., Glint Stfoiu.
Peter Koderbertf, of Onnlap.Ncb. '
J. W. Weiumr., lJepisr.
tl. S. Land OlHoe. Allinncn. Ilnb . M&r G. TSS1 '
Notice is hereby Riven that ENOCH C IlAlt
PEU,ot Ponca City, Ok'nhoma, has filei no
, tico ot iutontion- to niMcu fiunl proof N-lurx
i Itegisteretr Ueceivor at his oftici in Alltancs,
Nob,, outho isth day of Juno ls38, on timb?.'
culture application .o. G10, for the s w U. nc 6,
tpiltn, ngDJw.
He namee as witnesses: John Y Pitrci?. (if
!imlngfod, Neb. J. C. Wood, Peter Sprckler.,
of .Mnrslanu, el., John 1. Johns, ot itcmiiiK
ford, 'ob. J. W. Wejim, jii., ltesltter.
LsndOtlio"nt Alliance, Nftb., April 27, l.'Ot..
' named settlor has filed notice of his in' ntlon
that raid proof will be made before- ltobVt
! on Juues.isiw, ilz:
lmiGOS H. WKIGIIT.
of Huy HuriiiKS, Neb., who mado IT. E. No
I'M for the EwiiE H, N W H, N H '4 A ll E H
N W li. soo. 11 to "J9 n re 47 w.
Ho names tho following witnerse to prove
. his continuous widened upon and cultivation
; of, wild land, viz: William Albrigti, IU11
1 Kemp. Jsan (Mement, Ellis (ianwr, all ot
Hay Springs, Neb. Alwj
WILLIAM IT. ALUniOUX,
! of HayHpritiKS. Nob., who made H E II j. 37.n,
I for the W i SVki W li B W !4 sec. 25, tp at)
11, rg 47 w,
! Ho names tho following Wltnnsfws to prove
1 liis continuous r. sldenco upon and eulthntioa
1 of, paid land, viz; Hrlggs If WrigUt. Iltu-.
. Kemp, James Clemmens, Ellis Usrner. all
', of Hey Springs, Neb.
I J. W. Wtntf, Jr., lleI"tor.
! U. 8. I-antl Oflieo, Alliance, Nob., May 12, INtt.
1 Complaint having Iwn entTed nt. this olnoo
by Ednard T. Orerfij against Karel Kloa, for
nl,R.mlnnlni7 ht tuinieHtpAd entry No. t!470. dated
Juno IB. li-hi), upon the U E k seo4.tp 2a n, rt
. viow'tothocaneeiiationorsauirotrjrf'thp u
fil w. in liox iiuttHrnuuiy. ourajB. wnu.
,..
parth's aro liereby Hummoneel to appear at tlii
oHIphoii thu 22nd day of June ISWi. at lOo'cloek
wane aow,!vi muwwn
furnish tcstimonr con
a. m
to respond and
eernliiK sal
ri Hllt'ireil
ed abandonment.
iricuro nriblicalion ot this
Contestant will procure publication of
mit-ipM ttt lm ni&ilA in pome iiewsnaner nutilislietl
nrsrest the Und in nox nntte county. Neb., for
thirty days prior to dnt or linarinp.
J. W. Wkhn, J r, lteglstsr,
L. V. BOWflAN
Physician and Surgeon,
ALLIANCE, NEB. '
Office rooms ond residenco in
I Draver block, up stairs.
Special attention given to dis
eases of childron .
Hew Spring and
Summer Millinery, f
Hats of various kinds, Tim
minga of laces, Ribbons, Flow
ers, etc., of latest style, and
prices to suit tho times.
Thanking you for past favora,
will try to merit a continuance
of ume. Mibs L. Adams.
S
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