W 13 II; t aa38MBK3jiWM;itiwiwrlrit?r - " ' tjf Oontlrmed from lt W'ck. i ftrot this (timiMuVrlwt nl at theoojtnf ttforttStlon hns KnAUy tl&rs1) wo wp that .tfie fall in ibt price of silver hs not fani M Vpn" f? wouldnatursllr fit?- Ww 1 IhlsatwmntW) forfrhlsWonderf filly sustained , floof siltrerenn lm Beofmnted fnrlnnnljo-'n .arnamelr, ' " enormous Iwrmso In tbo . jm,1! of llveft This has taken plaeu in twp ell- ' I. Jn tbo art. Thn o of silver In 111 nrti ha Increased lq the last quarter of a century a yji tftnmsv nrlirA Yin lirn nMtvl to tlm H.iAB money. 'inrroomuiTii wiu.-i " . ill vender silver money of tliqwnUl In tho 1 last E3 years nn amount itjunl rb tho aopaniu istionrni nn too agon up iu uiiimn. 1 in nt thi.Mn rnrt it is flintdv trlfllnir with word to sty Jhut silver has been "do tnonotlEov' nnd to say that "half our money j lias Iwori utrouk down" in, plainly, to toll nu Unmitigated falsehood. Eroductlon Mid Oolimeo of fillrtr In This . Country- Our nnntil production of sliver I now nnd inn been f Or ysars more than a tbdumml tlnies ,toa (jrcat n It vrn beforo tho wAr. nnd yot i "lhro nro Jortritirn amonB tho cttVrritr tviio flud It nocofisary to ninllgn humnn nalurfi nnd ittttftcX tho memory ot'eanA men lu onlir to explain whrnn onnoo of idlrcr U not worth tit , mucn now tn men t)ur total colnnBOOt silver sineo JfiTtl, unto ' idincludin8lMrhosl)eml5J8 4lU07. ThU Altd (nrllliHntf ,1s nnitveraRoof almost I25.0CW.UW n year, or ton times tho Highest nvcrogo tmimnl cr.inaRu i boforo 187U. And of this rotnnBO tho vtwt sum fbt 1131,020.487 la in tho form of dollar, eyory 'ono of. which is full Ior-U tender. tSnrli iui J enormous oolnaco of silver Was novor dreamed t Of III tbo world before. 4 Th Orent Inerrose In Gold Troducttou. But somo onfi iniKlit iiroprrly ask In tfiU fionnootlon. "Uo not tho output of gold In creased also!" Tho nnswor Is, "Vos, tnor- Jnouply." , Up to I&13 tli world's hnnual tirodnctlon of cold novcr but onoo reaehed I14,0WJ,UU), whllo tn this Inst imlf enntnry it never but onco fell a below 1100,000 000. and in ISO it was over J, c.g0O,pu0. TJiO world now produces nmro gold ivery jnontlj than it did in n yea? half n cen- turarnRO. In" other wurds, sir, tho world's pro- .' flnctlou of K'old in thoso last CO years excels by far its entlro production for tho prucodlug 0 years. ThU Is thb fact hinted at In my col- lenaue's chnrt, butt not cloarly broURht out. XiAnii tho annual production of gold alono is now woro than four timos a- crent as was tho production of both cold and silver up to 1SJ0. .This i Jha fact, Mr, which lias sounded thg idonthki1ol of tho froo colnupo of silver. , Theorctlcnl Vergus rrsctlcal Illnictttllkm. , Tio advocates of tho utilimlted coinago of ftilVrsay: "Open tho mlnta to tho freoroin- .ogo.ot both inotoli. Thnrt they will lioth bo Coined, and Tjptb will clrculato as money." Hut ' thoiiKh every country In Knroio and America j bus "tried this eiporlraent, thouith sotno nre atill tryiiiR it, the advocate of this method cannot point tua sIurIo institnoa In which t lu Ir J method has ovOr succeeded. As wo havo fcl- rsady seon, Franop had, with hor mintsotwn to .'both metals, first n circulation of sllvur up to aie has Dean tho namo. Our oolnsgo ratio of ty to .1, from 17oa to IUU, overvalued Btlvor nnd un .lorvolued cold, so during thono years, nt le'.st 'tho last 2U of them, our circulation consisted xt silvlir and no cold, TJio chango of ratio in IBM nndlSW to 15.W to 1 (commonly spoken of jus "10o I") overvalued cold nnd undervalued 6ilvor",v.Mid sllvor gradually retired from cir culation as money. No ono would turt with ;.C71.5 urnlns of silver (tho amount of pure Ml ver in a dollar) fur 100 cents as money when f liu could soil It for 10U cents as bullion. And this has ben tho exp&ricnco of every nation Jhat has oyer trlid tho experiment. A ' doublt? standard is, therefore, an nltornatini; btnndrtvd. It l!) not bimetallism, but ono-tit-a jlima motallisrii. f f. What tho pooplowant is tho uso of both met als, e(ch In tho vny that vlll best servo their bnrpuscs. Tliey want tho actual circulation of jJth,notslmplr thoproirtlSB of it. You f rco llvTltcfj offor thmn a racthoit that has always Tvallod and in tho naturo of things always will. .AVo Alter n method'that has nuvor failed under jlormnl conditions, and that'ls why it has been Adopted by i)ll tho 1 ading uatlobB of tho world. Yow offer it law porinlttlng both to bo coined, iZfiapiiiR that both will bo. Wo offer a pi tin (Wheruoy tho lesirr,d result is secured with cer otalnty. xourt is tin) bimetallism of thostntuto t)0ok. Ours is the bimetallism of tho countlne t.Voam, Yours is tlieorutlc.il bimetallism. Ours u practical blmetalllsui. fj,' ' A Short History of Coinage. In tbo evolntlvu of monny tho metnls gradu ally ftupetvudud alt otlmr commodities r tho fioprodpiV'S in etfvii quantities that they cOnscd jito bo "precious inntnN" and bavo way to all yer. In the court-u of time, as blvlllratlon and jho domandn of trade reqnlriKl it, gold wns In iroduced Into opu country after another. In iilils evolution a nation's neuds and progrtna -Oan be pretty owuruttdy determined by noting .ho kind of money UU by It X. -At flrst tho metals piUhed b Weight. To an CO ike trouble of currying scnles and tho danger : nuujs mucuHiom r tho1 rulinc uriikca rput tho inutnis into pieces of i-onvruieut slrp AHiiu enapu anu numip on ono Niun ,oi inu pieou its weight and flncnoHsiand later an its worth) iflnd on theotherMdo thu features pt thoprlnco ?ba ths author of tho stamp. This was tho origin Of coinage. j ' But princes woro dometlmes tempted by thoirvrcod or their need to put Into tho coins loss pt tiio lovtol than they should. Then, in order to compol pooplo to accept theso debased -J"6olus in pay inent of obligations, thu princes do are,od that thctoins must bo accepted. This was the orlifiu of wliat aro known us "legal Jfendor" laws." Ji For hundreds of years tbo money of Homo was copper. Wo havo n memento of that time In our KnglUh wonl "estlmuto." Tho Iut.n lor copper is "aes," and to estimate litewillv f-tans to ylvo tho valuo In copper. About IWQ C. copper was dethroned and silver became o standard money. About ISO II. O. gold lio n to La nsd In ttoruo as money. With tho 11 of 'Home Europo was for about rivo cen-'turiea- plmost entirely without gold money, Jtho currencies of mediaeval Kunijx) being of Allver and copper, Tho relntroductton of gold Jeoinaco lxjfan it Florence, Italy, in 12KJ With fibo coiuagq of too llorln. A"As n result of tho Crusades the commerce of j'Tlorence, Qenoa, Venice, and other states lying Along tho Mediterranean had tp Increased us ytq domantf the uoof n moro -onvejilent money jlban silver; Oradually other nations, as their yinmercd became great enough, introduced .ho use of gold nionvy w 1th kijv r nionuy. Tho CruSadci not only enlarged trndo along the VIetlttcrrnncuii, but they also opened up to Europe thu then only gold yielding districts ths Grlmea so that the demand for gold money jnu tho source of supply camo togi-ther. Tho JHof gold as money wns thereby both ncccs i<ntcd and msdo possible. 'TJien began thocolnnRp of lioth metals. Then pey,-n, too, as a consequence, tho monetary .troubles with which tho hWtory of tho nest flve centuries abounds tho alternation of all Ver money and gold money, tho frequent (Changes in tho ratio in tho vain uttuipt to Aftvp both, tho edicts agalnut shipping out jteitbor kind of coin, tho execution of prom I went merchants ond others for seekimc gain Ay osporting tbo metal undervalued iji tho dnfnts, of one country and overvalued In tbo Joints of another. Thuso "opon mints for both Jnetals" were net inoonsequtneoof nny theory pf "bUnotalhsni." but of wht Leon Buy, quot yfid before, so upuy chsraotemed as "the prim itive inability of the legislators to combine to gether tho two precious metoU otherwise." A presmc. Copernicus, Urcskaiu und others pi at different times and in different coun tries pointed out thesourcoof the trouble, but tbe,,prlmltlvo innt ayof tbo legislators" lef,t .-iho countries viJhout a remedy And the supply of gold and silver wns so small (as will jbo own by refr renco to the table showing their annual production) that tho nations kept on, jjjoplng against bopa (us we aro apt to do when fro see no alternative) that bomeuow tho open Ttnlnt for both metals would give tho circula tion of both. Upt, as we havo teen, the-sc hopes -vere indulged only t be disappointed. Kng Jand cut the Gordian knot in U10 and wns ,treod from the financial embarrassments on 4bls etore that had alUlctod her. lhit other nn lons topt on in their old way, with the old resujfot alternating standards, luting at ono I mo'UiVV"Cin, ver, The. flood of gold at tho middle of this oen Jury opened the way for rellif. Out own ooun iry, ns mitht bo exiwctcd from the Bntorprlto .find Intelligence of our people, was the first to Act. As wo have soon, oongross as early as 1858 Abeforo he birth of tho Iiepubllcnn imrty) passed on act making silver coins sulmldiary pnd limiting thuir colnugo nnd tender. Franco began tainove in lb67,id In IbMthu countries eomposinz the Latin union adopted tho princi ple of limited ooiDsgB and tender of silver. Oormony followed tn 1S71-T8. And the principle lias now been adopted by near) all tho clvi llzed nations ot the world. t By reference to the table showing tho pro Auction' ot gold and stlvirr It w ill be seen that 'Ehortlyltcr lb70 the world's production of tl jyar begjin to IncreaAo enormously, leaping Stom an bverags of J55l6tXs.UU0 iu the iteriod ot JJ05-70 to an average tt i8l.S6I.OM in thu tieriod pt lb,o-75. It was ut this time that tbo tluocy pf bo called "blmetalllkm" was born. As I said jffore, it camo into lielng "lioni ot reoent n,uria ntiit hnrwul unit frfirit.'1 Tho nrmtm-tiArt . --.--, -.-. - .....v. ...w ...v.. .... .-.---.. . . l-. M. . :."" .nesnnanoinnuirs. - -iiio prouBciioo '2LWJrJFtliZg becoming hard to find a market for the prod ci. This was the reason for the insertion of tie "track" dollar" in the final edition of the MS of 1S73. The nrotasitles of the silver pro ducers wero tiot 't so great that they had the audacity to prepcas what tboy did afterward. au uoinKcueuteu uymrannoi Vnraduiilly nrew mi of havlm KwBBaaMgsCTCTiiHifciMwwi i in ii About ISTu ti y bsrn ' 'h about 'UmoUl 1(mi" rind y aliened bottles. ( WI)at I'rcs C'ojunco Meant. What 1om "free solnrfftp." ns It In called, mentil It does nut roentt tlint tho nowrnrnMit would buy any of the silver, not an ironcn. Tho Rovernment would simply riiMvn the Mi rer from Its owner, stamp It and hand It back to lilm. Does that treat" nnr tlenumd for tho Mirer? Huoktvhnt flour isnow used to o llmltnd' ex tent for rood. Tho drtnsnd for buolcwneat flour in entirely due to thin fact. Would open lm n now buckwheat flour mill orroite liny de iimnu fi'i uuinmHym.ii.i) .,..., j ........ than tho reaping nnd thrashing did. These aro mand for buekwhoat? Certainly not, any tnoro I oil nlmpty Etepn In p 1 mnrlcct woutii atlll h m In nroparlnu tho unnr wlr. Tho ibvo to ho found in co com tio- tltlon with oiner Kinan oi wour. And Flmllnrly tho"riiwn mint" vronld rrenfo no deintiml whatever for silver any more than tho Biiiolllnc or tho tntninR dof 8. These nro oil Blmply Bteps In proparlnu tho mipply. Tbo do- mnnd ih hi viio neeu ui jimiii'uk vunuun Hiniin with which to make oxchnnKex. Tho owner of wa Ilivllt'J r aitiv thu coin would still hnvo to k forth nnd find n tnnrkut for this kind of money In eompelitlon with other forms of money. Thn minting would, therefore, not creato any demand for tho silver, but would simply put it into nhapo to meet whatever real demand there mlfcht bo for silver coin in the chnnnola of trade in com petition wit!) othor forms of money. anili Mr, uocaiinooi wiuuuikiiiuohui mivivr m proportion to its value, tho demand for ! ver coin in rtrtual bnslnro is very llmtte.1. As n nmttor Of fact thero is moro silver cqih in this country today than can bo ued na vAn. Uxperlencuhai shown that the business pf thn country needs nlmut f 1,000, 0CO in ailver cola of all kinds, including minor coins. Hut wo al ready havo n stock of silver coin amounting to over t.'iOO.OOy.Wfl. Bo there Is absolutely no trado domand for more sllvor coinage for soma timo to como. Wages In Mexico, Kvenr one will admit that, po far tit legisla tion can affect tho matter, that system is best nnder which thoso who rMrn their dally bread liy their daily tall rocolvOtho best return, fur their borvices, Tho gentleman from Texas Mr. Dalley, Who has Just iipoken, olnts to Mexico nt "prosperoua" in const om-nco of having tho frcu colnago of Bllvor. lie ouotes from hn artl clo In rec-ent number of The North American Review, written by tho Mexican minister, llr. Itomero. This distlngulshod rt prow ntntivs Is naturally loyal to his own oountry and desir ous of making as strong a stntt cient as pol blo ns to her prosperity. Ho ehnros that manu facturers aro making largo profits. Hut what does ho find to say nbout tho wngCB of work ingnien in Mexico? Llstuii : "Although our wages uro low, thero hns been lu rt-oetit years n murktil tendency to their increase." .Their wages nro "low," oven in Mlver. What about incroaso in wages? The most that ho can olalm Is that thero has bet n u "tendency in that direction no real IncrenM) worth men tioning sperlilcnlly. Wtirkinguiun will do well to "ponder on theso things." v Tho following statemont nppcarB In bullotin No. (i, jmi, of tbo bureau of tho Anioriuiu ro pubucs: "Onoot tho greatest ovils (referring ti Mex ico) nt tjio present timU'ls tho oxistenco of n scnlo of wugts whioh defies i.U jiower of redno tion, which robs tho luborers of nil s nso of dignity or feeling of asO'lation with tho vest of their follow citizens, and having reduced them to n condition of abject abasement deto-rioruto-4 to n Iiito extent thuir jiroduotive pow er nnd tip mei sum of their ability. They nro content ao regard thunselves lis a plant nr machinery which moves by ixtr.ineoui nil's only and lias no itower of volition, und no cio slro to oreine It If It had." And yet 21 r. Itomero finds it Impossible to claim moro tlian that then hns been "u ten dency" to Improvement in wages. Wo havo beforo us, Mr, 'hairmau, a special mohsago from the president asking us to mnlto an appropriation to pay certain railroads for carrying certain jieoplo from tho Mexi can lino to various parts of tho United Htates. What is tho story behind this? Blm ply this, sir: Homo of our worklngmen, having been told how fearfully they were being abused under our system, and being as sured that things woro "booming" in Mexico, becomo tho victims of their mftplaccd confl denco in froo silver orators and went to Mex ico. Then they learned tho truth, finally com ing homo at public expense. How many moro of our workiugmen will allow thoinselvis to bo mado victims of similar tales? How About American Worklnjnncn? And now i - js; fceo how tho situation of worklngmen in this country coir.pan-d in J60O with that during (he so called "blmetallto tunes." From tho famous renatn report on wholesalo" prices, transportation and Wages, lieforo rrfer- ' red to, I take tbo fnuts for tho following tablo i or wages tn leaning occupations every tenth ; vrjll- rnp Hfimn limn liof.irM fli.i vifi. ulinn i. ' Lad our mlnt"oiHn to tqo frto colnngof Imth lnetuls." in comparison with wanes In 18U). a ?"' -" :.--.-" -. r-'-" -" ' .'..., ....... ., , sixth of a crntury after wo finally adopted our present system of unlimited colnago of gold usd limited colnago of silver: Wages per diem. , Occunntiou. 1840. ls."i. 1MU. t.-idn. Plasterers ,fl CO 1175 1175 lllncksmtths 1(3 ICO 1 tt) 13 W II U) 1 75 2U) 250 Illacksmlths' helpers 3 8&H 83' I'aimeni l s Wheelwrights 1 28 CnrpenterB 1 20 Kngiueers.. 2 M) Firemen, 1 2o Inborers 81 Machinists 1 51 Watchtneu 1 10 1 25 1 2." 1 25 1 25 141 2 85 1 .17 101 1 65 ltd 1 SB 1100 141 110 1 7rt 100 1Q1 J 1 OC 1 25 2 10 1 55 Average, according to importance, for all occupations lbCO beinu reckoned in 1(0 87 7 ffi.7 1C0 1C3.6 Thoro nro In almost ovory community moil whefworked by tho day boforo tho war. Any young workincmnn who is nt nil taken by ilio do weli to ask ono of theso old gentlemen how T .id1 i ;", "'""' """'" mucu no reauy was nam in tiioso "Dimeiaiiio" days and how much ho could buy with his dally Iay in inu way or noeossAni s nnu eomiorts. Wo havo ecen that the condition of American workingine'u has vastly Improved slnca tho days when we bad free coinage cf sllvur. It has Un shown, also, that opening our mint to colnago of sllvur on private account would at onco send us to a siher basis. How would this affect TPagcs nnd the men who cam them? Every man who earns bis daily bread bv bis dally tail owos it to himself and thoas whom ha holds dear to think this over carefully. Any man who, will examine daily quotations ot prices ns ruixirtcd in the newspapers will soon discover that they chango from day to day nnd soiaottmes change very greatly in tho course of a month. Hut every man who earns wages is familiar ith the fact that they chungo slowly, an increase of 10 per cent In a vho earns that tuoy .Mint in .. year uomg quiiu a gain, rncos cnango quicK iy: wages change slowly. Now let ns crunt wht.t tho advocates of freo silver claim that going tq thu silver basis would "double the prices of commodities." Does any workingman believe that wages ironld bo doubled too? Even if they should ic, how much would the wage earner profit y the chango? No Intelligent workingman believes for u minute that bis wages would be Increased by more tbun a small pur cent that is. white his wuces mlcht bo nominally in creased, somewhat tho prices of tho things hu has to buy would bo increased very much more. 8o tho real purchasing power of n day's work would be gre.itly diminished. All exjio tienoo shows that any dubasement in the mon ey system of a country raises prices faster and farther than it does wages. This might influ ence so'miioinuloyers to consider tho nronriety 1 of debasing our currency, but it Is precisely the reason why workiugmen should oppose It. 8o las us woikiugroon are concerned tho whole silver question is to bo summed up in ono query. Do you want your wnges cut down! It so, vote for the free coluqge of silver. Would Not Help tho Farmer. Whatduducoracnts do the ellver producers bold out to tbo farmers to get them to eo-oper-ntu in this boheiue? They promts the farmers liighur prices for their products. Tbo sensibln quest lou which every thoughtful farmer will naturally ask Is. Could they and would they keep their promise? Let us see what tjio chances aro. Tboy claim tout "silver would lncrenso in the price of iiimn nrcclnnl.'- farm nrcduotSi To say that there is any relation between tho price of a metal dug out of our western ixculiar any relation btwen the prices of things so tlifforent in their nuture and uses, is to iusult too intsiugi nca ot inoso w no are uuorossea. Ilut looking at it from another standpoint, let us sea what the probabilities, uro that the promise could be kept. One would think to hear tbejo gentlomen. talk that silver production Is one of tho over (shadowing industries of thU country. Lot us make a fbW comparisons. Tbo total value of the sllvor product of tbo United States in 1W2, even when reckoned at thu price before 173. was iMMOl.OUD, and this was tho greatest yield in the history or our sil ver production (Mint Report, page US). Accord In to the Statistical Abstract, raca 2t37, tho farm valuo of the out tun crop of this tjvt wiu lain ihiuo ui &un uui .uu fc;i. , country in ISill wasI8W.000.aX): that of tho wheat crop was. la round numbers. H0O.UU.- 100, and that of the corn crop was over $&), Uu0,00a Tlie valuo ot our corn crop alono was ten times tbTuluo of tbo silver crop of this mil., f in ru4ntl,n rup itu vnma nnsin pAmlinnni peculiar to itelt) ond thu price ot ony of tho w'"?" f P0",cnnPt'?P1: wllK vegotabletiroduotsof our fislds (uachbf which .i.tV mYAAii -PiJrft ,i..r,...i Ai.,.i . o... .....n.in.. that our body polltlo needs In it l&UWV.It.a lUi 1.0 UIUU UIMU W DU, 1& VUUUIIIWIB ,.ai. '.' i.ii,.ji...i. r..ii ....... .i... .!..,.. i. no m Kin us oi uoruuscujk anu ij iikiii I lu lull uiuu Liitti mala ta country nnd four tlms thn value of nil tho fil ler pridueed In tlio whole World that year. Why, Rf, tho elnekinft hens of out forma pro fluro moro wrnlth every rivir than tho ellvor miners, who so pntroriiflnRly toll tug tarmeri) What fhey will do fnrthm. Farmer frlondu of mlno In Mlnrerotn liavft told mo that heforo the wnr they linvo haulel wheat fcO mtlea to inrtthot with an ox team, oc cupying days In eaeh, trip, nnd Rot 45 cepta a bunnnl for it In wlldont monay, which wna irt daneor of helnu worthless when thyr (rt)t hoiin. Yet in thoo dnya the mini wna tr eft to tho "free nnd unlimited coinnco of allver." Tim Situation pf Fnrinera In 187S. Bo much hns been said by froo silver orators to ml&leod farmers into tho idea that owiry thlnif wns prosperous with them lieforo 1K,8 nnd nothlnt; hna boon alnco, that I Ruhpilt now n pnracrnph that I hnvo copied from tho re port of the Iowa Stato AKrlcnlturnl aooletv for 1873. It la from nn nddrotn delivered by G. It. UoserS at tho llorrlson county fair, and elvni n faithful pletnro of tho situation at that timo "I Z r - . V ln.hot tnlghty itflto; , "1'roua or th eso nsbects nnd of hor nrotrress In prnctleni agriculture, still tho condition of tho laboring man and farmer Is far from what is deslrnblo. They havo worked, watched and waited for nn adequate rnwnrd until wcarl noes has well nigh turned to hopelessness. Farming has bet n a financial failure for tbo tinhtrthren vnars Hard toil has onennd tin Ann farms nnd brought to the bins the products of unexampled harvests but tho sides havo hard- a'leMi JrTll paid expenses anu oougnt cueap ciouung until tho coming harvest. Thero is no surnlus to improve buildings, purchase thoroughbred stock and furnish tho homo with any cf tho luxuries of art and litor.ituro." I Would Be Hard on Debtors. I Let tis suppose that tho ndvoeates of froo sil ver sweep everything beforo thrin, capturing tho presidency and tho houso nnd continuing to control the eenute. What would bo thu nat- i urnl thing to oxpectf What would yon do If somo ono owed you and you vero not protect ed by n gold clause In the contract? Yon would domand what was ( oniiiig to you. Uvery man bavins nn ohlluntion Camilla duo would. In pelf defrnso, demand all that might bo coming to him whilo ho could Btlll grt paid In numev of full nluo. Heltonj would bo comptlh-d to pay up nt onco or glvo i ew and better secu rity, with a proinlss o jny in money of the proont htnnaard. On tho maturing ot their obligation tin y would certainly havo to iiy an mormons premium for tho kind of mom y required. They would not "capo makli'tj pay ment In money of tho present standard and would havo to tke their chances nf getting enough moro for their products to enabletheni tomultotliopnymontwithoutarttifll log. Tliev certainly would not gain anything and would tako all tbo risk of IofIiir hwliig not only the premium tvliuli they would surely have to pa. but depending upon tbo forbear.ux u it their crMlltorH nut to lot nil thry poti e-. And what is th iiroliability of tho creUtnr being nblo iiiidllliug to grunt concrwlj'!ir DoposltorH in lmidts would withdraw their do posits. This would coinjiol tho banks to tall In , their loans. Th fwr months lwtwi en cSct. on nnd inauguration v.onld bo gtn wn wih the wrooKn oi ousinesn imusea now giving employ inent to millions of people. ' Tho idun of tho f ro sllverite1'. os all cxperi enco shows, would Mtbtr.tat fi-o:n our volume ot money a ory inrgn ana rToecumgiy v.inm bio part of it. It would din liil-.li nnr-iroiicor by thonmount of our gold nnd its reprosmta tlves, at tho very lowest estlmnte, f0iiC,00O.UO Its dlsoppeuronco would bo imnnHlinte. Morwiver, Hlr, wo would hsvp iiooitr money. Tho silver money would bo bulkier and lets convenient than what wo havo now. And it would lack in stability. And whilo "money mnkes tho mnro go" wo should not forgot, sir, that It must lie stahlu money. , Creditors, as a rule, would therefore 1io nn nble, no matter bow Well disports!, to rrant ' ronues-dons to thoso Who wero iwlng them ' Wn who nru in debt, sir, nro tho on h numt. I tully interestod In tho d feat, the ovrrv helm lug defeat, of ovvry proposal for thu trie uolu i ago of sllvor. Mnrvolons rnrformanco of n. Clrous Dollar. When I wns u Bmall boy, I saw something tbot 1 shall nevor forget. It v.is at a cn-iis Tho clowns and como other omployi es nr ' ranged thenisolvcH In n circle. Lot us f iv that I thoro wcro 20 of them in all. No. 1 Hald to No ' S: "I Owo you $2. I'll pay upas mk :ins 1 eun,' No, 2 ntada this Btati'inunt to No. U. No. U to No. 4. nnd bo on around tho circle. No. IX) i-n v lng It to No. 1. No. 1 Bboved his h.uids Into bis pockets and with a look of plensod svrpriso pulfeil out a dollar. Turning to No. 2, ho mild "I didn't know that I had that dollar. Hi re's bo much on account." No. 'i took thn dollar, nnd with similar langnago passed it on to No. U, nnd Koltwentnround tho ring. No. 'JO posvc d it to No. 1, who reco.ved it with a smllo und started to put it into his pockut, but instead ho turned to No. 2 and said, "I didn't oxpect to bo ublo to pay you tho balance so soon, but hero it is." And so it wont around' the ring, iinauy coming uacic to no. l, who wun a sat isfied smile put it into bis pocket. To tho llttlo boy who looked ns I did thirty odd ytarsoco, this wns simply thn funny work of clowns, to bo laughed at mid forgotten. It wns not forgotten, however, and to tho man older grown and chargi d w 1th the tri')U3 con sldemtion of tho nftvfri of a great nntiin it il lustrutus thu priHounrust truth In Mapi:?t What is that truth? It is this: Under proper conditions tho working power of a dollar Is beyond all human computation, x wun very uiuru PurprjBiiu u near mis nil ornoon n man so nromlncnt ns mv friend from t Tennesseo (Mr. McMlllln speak ns if money pitd for taxes was lost to circulation. I havo often heard man spook as If they thought that thero must bo ns many dollars In existence as tboro am dollars worth of business to be transacted. What would n farmer say to nn agent for bi.shel baskets who should attempt to convince him that he neoded as many bas kets ns )i expected to raise bushels of crop? Tho farmer would feel that his intelligence bad boon insulted, nnd Justly so. Ho knows that ho can uso tho sumo basket over nnd over nnnlti ntiil tit a minnilttr t.ioaDiiPnil In nlitnn i timo will depend on tho speed with which tbo Ono handling it works. And then, if proporly uneo, iv is reaay io uo as muen moro. Ho with tbo yardstick, tbo pound wclcht nnd tho dollar. Each can do nn almost inflnlto amount of work if properly usod. What nro the conditions of highest cllfcieiicy In money uudor what conditions can a given amount of money do tho most work? Let us examine our illustration. i Thu dollar in tho circus ring did tho work of forty dollars in flvo minutes and was just as capable of accomplishing ns much moro lu tho succeeding flvo minutes. Why was this? Blm ply becaubo it moved promptly. 1 Now let tr examine tho matter h little moro ! closely. Why did it movo so? Why was each auu so prompt to pass the dollar on? llecauso ha felt good that is, be felt hon St. Ho felt that when hu owed money and had it In bis packet tho onlv uroner thincr for him to do Wos to pay up. Moreover, each had confidence j tu other. , Thoro was a feeling of respect . i it, .i i ".. . nnu gouu wiu umoug tne nam in ma& nnc. , This Is ono of tho conditions under which I money docs its work mot ctTocttvoly. What Is thu other condition? Why was each man willing to accept tho dollar in payment ot what was coming to him? Because no know that it was a good dollar. lie knew that when over he wanted to use it, whether it might bo that day or not for ten years, it would bo just as good us When hu accepted it. Suppose on tbo other hand, that each of thn men had n dollar in his pocket, but that they distrusted each other, o.ich fearing that it ho let go ot tho dollar that ho bad bo might not soon get iinotlter, although money wns duo him, and suppose that each was afraid to uo oept tho money of tho other, fearing that it might not be good when he wanted to uso It. that it would depreciate on bis hands what would bo the result? Why, of course, each would keep In lib pocket what money he had, and each would contlnuo to owo tho other that js, the money would accomplish nothing. Quality More Important Than Qnautlty. With good mouey and mutual trust a dol ! lar did thn work of 40, while with questionable I money and distrust IX) dollars could accomplish nothing, lu other words, the quality of money is lmininBoly moro important than its quan tity. And. sir, a set of men who make it part of their plan to malign human naturo ond then offer us a debased curronoy would not only deprive us of part of the money that wo now have, but they would paralyzo tho working power of what remained. They aro not only morally wrong, but financially unwise. They and thoir policy aro alike condemned. They uflcr Door lnonev and distrust. Wo offer abundant money of the best quality and well founded confidence. Is thero any Joubt as to approval i we contend s circulation that it needs them both all of the time. The best that ts promised by the guitlcmen on tho other sldu ts tuat tliuir plan will furnish them alternate ly: one at & time, first ono and then tbo othor that is, sir, they offer us n sort of ohills-and-fever system, which would produce distress in life ana would result In early death to busi ness enterprise. Our plan t-cures to our circulation all the elements needed for thu health ot the body, including both kinds of corpuscles, all cf the time und in tho proportions demanded by the most vigorous life. And 1m hind this good financial blood, to prevent its stagnation, to propel it in lifo giving circulation, even to tho extremities of thu body, wo place tho great heart, confidence confidence in our financial eystom and in each other, confidence in our system basod on approved experience, confi dence in uaoh other based on thu knowledge that, after all, men would rather do right than wtoug- tWffwmniCTiirtf,gBtm?nM i iw&uawawjuaMaawtimwwiM Closing For the Next THIRTY DAYS I Offer my entire stock of CLOTHIJSSG at the Lowest Possible Prices Regardless 'of cost. W. K. HERNOALL. From the National Capital, ' "Washington, Juno 1G. Iii ro ply to a request from Itfow York Herald, u otatomont coiiccriiint; tho for tho tleuioenitio situation Prositlcnt ! Cleveland tonight sent tho follow ing to that newspaper: Washington Juno 1G. I havo no lijjiircs as lo the probablo action of delegates already chosen or to bo chosen to tho democratic national convention, but I refuse to believe that when the time ar rives for deliberate action there will be engrafted upon our demo cratic creed a demand for tho free, unlimited and independent coin age of silver. I cannot beliovo this beanie I know tho democratic party is noilhci unpatriotic hor foolish, and becauso it seems so clear to mo that Mich a course will fnilict n vory great injury upon every interest of our country, whioh it has been the mission of democracy to advance, and will re sult in lasting disaster to our party organization. Thoro is little hope that as a mcaiitfof success this freo silver pioposition, after its thorough dis cussion during si political cam paign, will attract a majority of tho votors of tho country. It must bo that many of tho illusions influencing those now rolying up on the alleged panacea for thoir ills -will bo dispelled beforo tho timo comes for thorn to cast bal lots. Tho adoption by tho democ racy of this proposition would, I believe, givo to our opponents an advantage both in the present and future which they do not deserve. My attachment to true democ racy is so strong that I consider its success as identical vrith the piomotion of tho country's good. This ought sufficiently to account for my anxiety that no mistake bo mado at our party convention. In my opinion no effort should bo spared to securo such action of the ueiegaios as win avert party uo moralization. It is a placo for consultation and views, and those comparison or democrats who oeliovo in tho cause of souud mon y should thero be heard and he onstantly in evidence. A cause worth lighting for is A'orth fighting for to tho end. If ouud money democrtits suppose .hero is danger of a mistake be 'ng made such danger should stim ulate thoir activity in averting it instead of creating discourage- meut. I am very far from arro gating to myself u controlling in Juonco upon the policy of my tmrtv. but as an unflinching demo- ri wltri Ima hooti linmirrrl v 'a crUt, WUO JiaS DOeU Honored l)J BIB iiartv and who desires hereafter ao greater political privileges than o occupy tho place of private in its ranks, 1 hopo I may not ho ilamed for paying this much at his time, in tho iutorest. as it eems to me, of tho grand old or anizntion so rich in honorable raditious, so justly proud of its lehk'vemonts, and always go un lauuted and bravo in its battles lor tho people's welfare. Gkoveb Cleveland. Penry S. Bobbins, speaking of tho president's views upbu tho lemocratic situation, said: Tho democrats of Chicago aro insorvingly opposed to the party's ominitting itself to froo silver, relieving that such a stop would esult in certain disaster. Even men who nro identified with the .ilver wing of tho party in this lty boliovo that, but seem control- etl by machine influence. It is gratifying to those domocrats of Chicago who havo thrown off tho tna.'hino yoke and mado a firm stand for honost money that tho president has so expressed lnni- faelf, Out Sale of Fi nal -Proof Kpt ices Hon. J. Hon. t W. Wkun, J n IfcgUttr. M. DitouMz, itoceiver. l'artles having notices in this column nrs r qnestl to read the same carefully and report t tin olllce for correction any errors that may flXIRT. Thin Will tirnvant mni.U.l. .ln1K tl milk"1 i,ro,,t' U. H. liantiomco. Alliance, Iteb.,Juno 16, 1830. Hotice Is hi re by givon that WILLIAM M. VAPi:, ot LakcVfew, Iowa, has filed noticn of intention til makfi final iirniif liiiffit-.t il... l!sw.i..... .... i culver st ids office lu Alliance, Neb?, on ihrnCrvh viayir , yl ou tlm,x,r-culturo application J.. r r -... ., "i. .--.. ."' -" il KJ ju. ..I,, iui mu onnojiisnijsesi cooiK.u .ri, r5lw. f.i , ii ' witnesses! dolin 1'. Hazard, ijiKinun n. ionr, uiuenn A. lJte:.eilsou, oj Lawn, Neb., bauiuel H. Wright, ot Canton, Neb. Also, Notice is ln-reby given that tlm follow ing named hp(tlr has lilwl notice of his inten tion to make tui.il proof iu Nupport of hlu claim at sumo time snd place, iz: CIIAIILLS A. r0SAH, ot Lawn, Neii., ouo of the heirs ot Mnthlas Fos tardeciased, whu made il. K. i'i for the bo'i seo1. tp-J7u,rg A! w. Uo names tho following witnesses to provo h e o lulmiious residence upon and cultiatioii ot Kiitl latid, vU: Aloeft Orunpa. John 1'. llnz a.d. tJideon A. Dickensou, of Lawn, Ken., Sam uel II. Wiignt, ollauiou, Noj. Also lioticu is he.eby giien that CAIKIUS 1U5UVK8, of Lawn, sob., lies n'ed notion ot intention to inakoiinnlproot at samo Umo ami jilaco on timber co 'tore vip'lcafou no oOJ.for tho n , a w (. s o )i b w U ic n w 14 s o cv 1, t p 25 n, W3i. ilo names as witnesses: John J. Lutsch, IMiry Winven. Jehu P. lsja.-d, John Lort schci, all of Lawn, miIi. J. W. Weuk, Jr., It"ffistrr. U 8. I-tnil OUlco, Allianco, r.cb.,.Tunn:i, 1400. Nut Icit is hereby kIvpii that WILLIAM L. CLAl'l", of l'n.rlield, ltuva, has fileil noticn ot intention to males final proof beforo L. A. i)or riiiKtnn. V H. l.f t oai'rat lusoillcoin thau ron, Neli , on tho litis day ot July, 1M)0, on tim ber 'culture application No. 019, for t ho 8 h N K Vt A N '4 B K t of sectiou No. Uj, in tuwnshlp 3.1 n, laMMlSw. ho names as witneoiseg: Lord .Hervcn Pow ell, ( harlcs W. Aliuard. Thomas C ltllyan, of Hennliuford, N6b.. Charles W. Doran, of hough, Nob. J. W. Weus, Jb lllstcr. U. 8. Land Office, Alliance. Neb . May 21, 11-90. Notice is hereby given that MATilAS 80L BlvllG, otCharmont, Yjo., has uWnoticoot intention to makx bnal proof IjefortJ itegister or Iteceivcr, at Alliauco, Neb., on Juno Lit, lb'Jcl, on iimlicr culture application No. Mo", for tho 8 W U sec. S3, tp ai ti, tk 48 w. Ilo names as witnesses: John Darnstcad, Peter (1. Anderson, of Ilcnilngfonl, Neb., Chris Modin, Pctor Koderborij, of Uunlnp, Neb. J. W. Weus. Jit.. Ilefiistcr. Land O.lice at Alliance, Neb., Uay 30. 169(5. Notice is hereby iton that the followiiK; riamed settler has filed uotico of his intention t make final proof tn snuport of til claim nt thatsaid proof will bo mado befoio U.S. Hlclcer. J I'llllnfll f 11.1 rM fit iMiniUmi W.l. f .. I .. it' ' lbito, lz: STEPHEN A. QILLETT, of Esther, Neb., who made ILK. No. 4237, ror tho H ", 8 YY H. & W !i HE '( see at, tp 32 n. rg 48 w. Ilo names ths followlns witnesses to provo his continuous resldenco upon ana cultivation ot said land, viz: Albion II. Ilicfcer. 'James 11. Kimo, Commodoro Willis, liobert Flemiuir, all ot Esther. Neb Also 1IENRY L. FI8HEU, of Esther Nob., who made II. E. No 347fl for the w h n w i s e U n w ! t a w U n e see. 15, tp ) n, r 4 w. lie names the following witnesses to pro his continuous residence upon and cnltiiatioa of said laud, viz: Cbarlex A. Nichols, Isaiah liallstead, (leorje Weller, of Esther, Nth., Alonzo AI. Clark, ot Chadt-nn, Neb. J. W. Wkux.jr., lleeistr. Land Offic at Alliance, Neb., May 20.1S91. Notice Is hereby Riven that ths followinc named settler has tiled notice of his intention to make linal proof iu support of his claim, and that said proof wiU Itn made before Keaistor or HeceiTor at Alliance, Nob., on June 30, IfcTO.vlz: MARTIN WAOPHEE, of Marsland, Neb., who mado II. E. No. 151S for tho NE ii sec. 29, tp 23 n, r 61 w He names tho followine witnesses to prove his continuous residence upon and cultivation of said land, viz: John Sullenbercer, Edward T. Uregtf, William P. Ilurton.of Marelaml.Neb., Morrison Dowchard, of liolmont, Neb. Also, Notice is hereby given that LUrilElt L. MAXFIULD, of Calloway, Nob., has filed notice ot intentioa to make final proof before Hegistur or IteceiTsr at same time and place, en timber culture appli cation No. 31U for the N E sec. ill, tp2a n, rg 4!w. He names as witnesses: OeoJgo IV. Sparks, James Pinkerton, r Wm. Michaels, W. V, Walker, aU of Ueminetord, Neb. J. W. Vxhn, JB., ItoKister. U.S. Land Office, Alliance, Neb., May 13, Ml. Complaint having been entered at this oiiice by Edward T. OrcRg against Karol KIos, for abandoning his homestead entry No. 2475, dated June 18. 1WJ, upon the N E U see 4, tp 28 n, rg ti w, in Uox llutte county Nebraska, with. & view to Uw cancellation of said entry; ths said parties are hereby summoned to appi'Ar at this oiiiceontheaunddayof juuoimh., at 10 o'clock a. m., to respond and furnish testimony con cerning taiu auegeu aDanuonmrnt. Contestant will procuro publication of this uotico td be made in some newspaper published nearest tbo land in Hox Butte county, Keb,, for thirty dajB prior to dato of heariuir. J . T. Wehn, J n, Eegister. (COPT.) NOTICE-TIMHKU CULTURE. U.S. Und Ollice, Alliance, Nob., June 10, 1806. The coutestunt will procure publication of thin uotico to bo mado in some newspaper of Kineral circulation in Uox llutte county, Ne braska, for at least thirty da) s prior to the day ot hearing. Complaint having been enteral at this office by David Colvln against John E. Cla ton for failure to comply with law as to tlmber-cultnro entry No. KM. dated November 10, lh8, upon the n w 4 seo 27, tp 2, n.rg 50, in Uox llutte county, Nebraska, witu a view to the cancellation of said entry, contestant alleging that John E. Clayton has not cultivated nor planted trees or tree seeds or caused to be cultivated or planted to troes nor treo seeds nny part of. said tract slnco July, lsOl, and that the part cultivated prior to July lfcUt is covered with weeds and grass and there are no trees growing on said land. The said parlies ar i hereby summoned to appear at this ofiioe ou the'JUh day oj Julr.lSOO, at 10 o'clock a. ru., to respond and furnish tes timony concerning said alleged failure, F. M. IIuoome, Itecelver. Stato of Nebraska, ) Uox llutte County, , , 1 lier eby certify that this is a true and cor rect copy of the original contest notice issued by the lleeel?er of the U. 8. Land Office at Al liance. Neb. Oiven under my hand and notar ial wa.1 this 10th day of Juno ItM. iBrtil.) F. E. llBDDisu. Notary Public. PADS! PADS! Call nnd get your Bwoat pads of II. R. Green . Brown "backs at 35 cts each. gwggfr i WAAAAAJ- B HO'UCB OF SHniUPK'S HALE, UNDIitl DIST11HS3 WAIMIAVT. Statu of Nebraska. Ilox Dntto County, s s:-' llyvirtno of a distress warrant issued by tbo ?i9!TS ?fn-,,0,x "I1.110 co,in,' command ug rn'u Mier,fr,Vt f?la county to collect from LUcn Schltimpf by distress and sale of good'I and chattels of tho said Ellen Schliimpf within said county, tho sum of h ive dollars and Throo cents Willi tntrrcst thereon at tho rate of Urn per cent per annum from the first of February 1(5.(1; and alKobyiirtiiour aliko warrant command ing me, the bin nil of i-aid county, to collect by distiess and win of the goods . and chattels of tho said KlleiiSchlumpf -within said county, tlm sum uf biKhti-suvi'n cents with intere.t thereon nt the rato of ton per cent pr annum rrum tho firRt day of Ivbmary liW; the said amounts iKHtlir llprKnn.il tn-rnu nf tlm .!.! I.-, I.... u..i.i r .. . , '-, ."V " ."-'" -nru "'ulul .l,u.1ln '" against ner tor tlm rears 18J2 and 18'ti respectively 1 havo levied upon "" i;ui hi ix) nppraiNCU. too chattels ti ntter dsjritstl, arid will nell the same ut public nui.tiiitil,.linl.l..l i I...I1. . . : '. . .......... .,, ii.Kiii-in, iiiiuiiir iorrasti it. nanil. tosatisr) said taxes mill nil busts accrujno ami fe and in-nalties alto-Aed by law for tto collec tion und rsald tlUtnms watrants. T.m prop-to-wit" U,n nml l "0ollll8asro'1ons, One rof n mare, ix jeors old. and mare colt. Ono Rrey maro, eisht)ears old, and suckin? Ona dark Iron Krey colt with white strip In. forehead, two years old. Ono bay lnirso colt.wnite Bt&r in forehead, ono jear old. One IJack onn-j par-old maro colt with whits strip In forehead. The rain of said chattels, to satisfy said taxes. will bo had at the front ot Tiercels livery barn. in tho village of lleminirford, in Hox Butts county, Nebrasln. on the Twentieth day of June I a. u. ism, ut tin? honr uf threo o'clock in tho afternoon of raid day, whero and hen due at tomlnnne will bo tfien by the undfrsigneil. jjaiAM j une J, lew. E. P. SWEENEY, Bherilf of said county. E8TILYY NOTICE. ' Taken up by theunderslKndon section 1R-28 48, two irrey mares, weight about IKW to 1000, airo about 10 or U oars, onn maro Is b-anded E on left shoulder, taken up May 10, 1S3J. Owner can hao fame by proving piopvrty and paying charn'es. M. PISA. People's Independent County Convention. Tho People's Independent olec- ) tors of Bex Butto county are here by invited' to send delegates from , the sciveral jirecincts to meet in convention in tho court houso at Ilemingford on Saturday, July II, at 11 o'clock n. m., for the pur poso of electing six delegates to the state convention to'bo held at Grand Island July 15, 1896, and to transact such "other business as may como before it. Thesoveial' precincts are enti tled to representation as follows, ba'-ou 611 tho Vote for Samuel Max well for Supremo Judge, giving each product ouu delegate at largo anil oilo for each ten votes or major fraction thereof. OhlM Nonpafoil 3 Kunningwater 4: Box Butto G Dorsey 7 Alliance 7 Lawn 4 Liberty 3 Lake 6 Snako Creek 2 Wright 0 Boyd 5 It is recommended that caucuses be hold in the several precincts on Thursday, July 9th, at such timo and place as shall be announced by the committeeman. Clark Olds, Chairman. "W. J. BrItton, Seo'y. ' DORSEY PRECINCT CAUCUS. The People's Indobenden Elec tors of Dorsey precinct aro hereby requested to meet at tho court house July 9th, nt 2 p, m., for tho purpose of electing six delegates to tho couuty convention and transact such other business as may properly come beforo it. Clark Olds, Committeeman. Bids will bo received at tho county clerk's offico in Homing ford, Nebraska, for furnishing tho County of Box Butto a car load of coal, bids to specify prico froo on board cars at Heming ford, and prico on hard coal (egg size), and Canyon City nut coal, and to be filed with tho clerk be foro the meeting of July 30, 1890. Bids on hard and soft coal to be separate. The commissioners reservo tho right to reject any and all bids. 2v F. M. Phelps, County Clerk. U W. BOWriAN Physician and Surgeon, ALLIANCE, NEB. Office rooms and residsneo in Draver block, up stairs. Special attention given to dis eases of children . I will buy your county warrants"" "f H. R. Green. - " L v A r v SJP'w