Crawfordsville Weekly Journal, Crawfordsville, Montgomery County, 12 August 1893 — Page 4
WEEKLY JOURNAL.
PRINTED
EVERY FRIDAY MORNING THE JOURNAL CO.
T. H. B. McCAIN, President. J. A. GREENE, Secretary! A. A. McCAIN, Treasurer.
WEEKLY—
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DAILT—
One year In advance 15.00 Six months 2.50 Three months 1-25 Per week delivered or bv mall 10
Payable in advance. Sample copies free.
Entered at the Posto&co at Crawfordsville Indiana, as second-class matter,
SATURDAY, AUGUST 12, 1893,
THE depositor -who leaves his money in the bank is the man who is least likely to lose anything during the present flurry.
IF you see a farmer standing in a field kioking himself it is not necessary to ask what is the matter. He placed his faith in Democratic promises for $1.25 wheat and last fall voted for Grover.
THE pension payments which the old soldiers are now receiving will place a considerable sum of money in the hands of the people, and it will be mostly used in the payment of small debts and the consequent stimulation of general trade.
THE "Immortal J. N." has written over his own signature a denial of his recent alleged death at Columbus, Ohio, and saye the reporter who wrote his obituary is entitled to an inorease of salary.
LAST fall many a farmer voted for Cleveland in order that he might,according to promise, get $1.25 a bushel for his wheat. Democratic demagogues may fool the farmers a part of the time, but they can't fool them all the time.
THE Charleston News and Courier is a Democratic paper and yet it advocates good Republican doctrine. McKinley himself could not do better than this: "Every mill and lactory that we build and operate successfully is a big helper in the cause of our Independence. Every shop that gives employment to one or more efficient workmen is a smaller but important help. Every wheel that turns, in town or country, does its part of the arreat work. What we need more than all else, as a people, is to make what we need, instead of depending on the other people to make it for us."
PERU Republican:—Mary H. Krout, of! the Chioago Inter- Ocean, is one of the former Indianians who does not go back on her native State. MoBt of the Chicago ridicule of the Hoosier State comeB from youths from Tail Holt and Weed Patch Hill who have taken service on Chicago journals and are fond of perpetrating their circumscribed view of -Indiana from a wayback standpoint in order to domonstrate their own metropolitan contempt of things rural.
THE Congress which is about to assemble will be larger in point of numbers than any of its predecessors. The Fifty-second Congress had 420 members, while the Fifty-third will have 444. This increase of twenty-four members is made altogether in the House. In the Senate the members will number eighty-eight, as in the last Congress, but the House, which had 332 members in the Congress which expired last March, will have 356 in the one which meets next week.
WITH wheat protected 20 cents a bushel by the McKinley bill, and selling at 50 cents, the most obtuse Republican farmer can't see any "beauties in protection.—Frankfort Crescent.
But hold. Did not the Chicago platform denounce the tariff as "a robberv of the great majority of the American people for the benefit of the few?" And did not President Cleveland say in his famous free trade message that "the prioe of an article is increased by precisely the amount of the tariff?"' According to Democratia logic had not. wheat been protected by a 20-cent tariff the price now instead of being 50 cents a bushel would have been 30 cents.
THE Republican position on tariff 'questions is concisely and clearly set forth by the New York Sun, a staunch Administration organ, as follows:
Tariff duties, say the Republicans, should not bo levied for the mere purpose of revenue, but largely with a view of promoting and protecting American manufactures and labor, and relieving farmers and mechanics from unfavorable foreign competition. The Republicans say that it is one of the powers and duties of a Government to protect the people who maintain it from unfair foreign competition as well as from hostile foreign invasion. The people through their representatives, impose the taxes on goods entering Into American ports from other countries, and they have the right (and it is natural that tliey should exercise it) so to impose those duties that the interests of Americans will be favored and the interests of foreign rivals in the same industries or pursuits discriminated against. That is the Republican doctrine.
The threat made in the Chicago platform to smash and rip up the Republican tariff policy is whatiB playing havoc with the banks, factories and commercial houses. If the mere threat will cause such a panic as we are now passing through, what will the reality be?
THE POSITION OF OTHER NATIONS.
It is argued that we cannot adopt and maintain a bimetalic standard of value unless other nations agree to it. But is it, true that any other nation, or even a combination of all the other nations of the earth, can force us to accept and follow their dictation? There is no more reason in it than there would be to urge that we could not maintain a Republican government because the governments of Europe are monarchical. In what particular are we dependent on foreign nations for anything. Thanks to the longcontinued policy of protection, we can now raise everything we need, either in peace or war. If the water of the Atlantic should turn to fire to-day, it would be no catastrophe to us, nor could it injure us in the least. It would not deprive us of a single necessary or luxury of life we now enjoy. We could feed and clothe ourselves, build houses, cultivate our farms, and enjoy as high a degree of prosperity as we do now. It is time for us to begin to realize that we are not dependent on any European country for the necessaries and comforts of life, and surely not for our political policies. The English Parliament can not force us to adopt the single gold standard. If it can force us to follow its dictation, then we had as well not attempt to legislate on the subject of the finances, but let the American Congress, now in session, copy the British statute, pass it, let Grover Cleveland sign it, and then let the members of Congress go home and tell their constituents that we are bound, hand and foot, by the Government of Great Britain.
To the Editor Journal: WHAT is a "bull," and a "bear." a "corner," a "put and call," "short" and "long?" What does all this lingo mean as we see it in connection with the Chicago Board of Trade reports?
haB
INQUIRER.
A "bull" is one who operates to raise the value of stock, that he may buy for a rise. A "bear" is one who sells stocks for future delivery, which he does not own at time of sale. A "corner" is when the bears cannot buy or borrow the stock to deliver in fulfillment of their contracts. A "put and call" is when a person gives so much per cent, for the option of buying or selling so much stock on a certain fixed day, at a price fixed the daj the option is given. "Short" is when a person sells stocks when they have none and expeot to buy or borrow in time to deliver. "Long" is when a person has a plentiful supply of stocks. A "pool" is a combination formed to control the price of stocks. A "broker" is said to carry Btocks for hiB customer when he
bought and is holding it
for his account. A "wash" is a pretended sale by special agreement between buyer and seller for the purpose of getting a quotation reported.
IN nine out of ten cases of bank failures this year, the banks have turned out to be perfectly solvent, and they would not have closed their doors if their depositors had treated them justly and fairly. Be it said to the credit of the depositors in the three banks in this city, they have not become panic stricken. They have left their money in the banks where it be longs. The result is that our banks are in good condition and are ready to meet all ordinary legitimate demands. True they are not discounting any paper or making any loanB, but this only a precautionary measure which during these feverish times every level headed man will commend. The people, therefore! can rest assued that our oity banks are safe and Becure. All they have to do is to wait until the financial clouds roll by.
THE Sherman law has been in force for three years why then has it not proven hurtful during these three years of President Harrison's administration —the moat prosperous and most pro ductive years this nation has ever en joyed The threatened destruction of our tariff system— not th« silver queB tion—is at the root of the present evil of business stagnation and financial distress. What careful student of the situation, be he Democrat or Republican, will honestly question this fact?
How can President Cleveland expect the country to trust the Democratic party when he distrusts that party himself? The question is much more easily asked than answered. But on the other hand how can the Democratic party expect the country to trust Cleveland when it distrusts him itself? The distrust seems to be mutual. When there is so much distrust between the party in power and the President elected by the same party is it any wonder that the people distrust both?
WE have been waiting patiently for more than a week now fqr the name of John Gilbert Shanklin to appear again in the newspapers in connection with some appointment. It came this morning. He is now slated for Berlin or Man? Chester. By all means give the ninety per cents a show.
"PENSION BEFOKM."
The Indianapolie News is one of those bloodless papers that has been hQwling for what it calls "pension reform." Yesterday it had an editorial commending the defensive letter of Commissioner of Pensions, Lochren, in which that official attempts to defend himself for throwing upon the suspended pensioners the burden of proof that they have the right to remain on the rolls. The Neius says the letter of the Commissioner should allay the fear in the mind of any man who is distressed lest the old soldier should not get his rights. It says further that Mr. Lochren shows that the investigation now being made has to do solely with the dependent pension act of 1890. Unfortunately both for the Neivs and Mr. Lochran the facts show the apologies of the one to be insufficient, and the explanation of the other to be uncandid, if not untruthful. For instance, those who have been dropped in this county are all pensioners under the old law, and none of those under the law of 1890, so that when Mr. Lochreu says that "all pensions granted under former laws are presumed to have been properly granted," he simply Btates what is not true. Such duplicity on the part of the Commissioner of Pensions, is not calculated to "allay the fear in the minds of those who are distressed lest the old soldier should not get his rights." Turn from the editorial page of the News to its news page, where the scenes around the pension office yesterday are most graphically depicted. Even the facts presented here place Mr. Lochren in no enviable light. The reporter of the News, probably an old soldier, bat evidently a man with a heart, say s:
To the most of the men and women who have been on the rolls of the agency for so long the day brought gladness, but there were persons to whom it brought sadness. They were the men and women who, upon presentation of their certificates, found that they had been dropped from the rolls since the last payment There were a great many such cases—how many itds impossible to estimate, as the officc will not 1 urnish Information on the subject. A member of the Sixth Indiana Regiment, who emerged from the throng at 10 o'clock, related that four members of his regiment who entered the office with him were informed that they had been dropped from the rolls. "1 fought side by side with them," said he, "and I know that they were deserving men. I folt almost like sharing my money with them when they were Informed tnat the certificates they brought were no longer of value."
Lee O. Harris, the poet, of Greenfield, stood beside the counter and watched the twelve or fifteen hundred men crowding forward with their certificates. "One decrepit old man," said he, "after having struggled for half an hour, reached the counter and handed his certificate over to the clerk. The clerk went to the rolls with the bit of soiled paper, and as he returned I saw a look of sadness on his lace. "'I am sorry.'said he, 'but by direction of the Commissioner of Pensions you have been dropped from the rolls.' 'They've gone back on me, have they?' said the old man. That was all he said. He turned and walked away, and as he passed me 1 saw 1 he tears running down hl6 face. The incident touched me. There arose before me visions of the bivouac, the march, the battle: I have no doubt the same visions arose before the old man as he went out into the street and to his home,"
There were many incidents of the character related by Mr. Harris, and there were some of a more vigorous character. Now and then a man upon being informed that he had been dropped from the rolls lost his temper, and expressed in language that shocked the ears of men who had fought with him his opinion of the Democratic party in general, and of Grover Cleveland, Hoke Smith and Commissioner Lochren in particular.
Many of those who were notified that they had been dropped from the rolls wore informed, so they say. that the order directed the pension agent to suspend payment on their certificates pending further investigation. They say, however that they have little hope of ever getting on the roils again unless the Republican party gets back into power.
And yet the News on its editorial page will insist that all the dropped pensioners are "tainted and fraudulent." The iVeies.and Hoke Smith, and Lochren, and all Buch are now having their innings, but the pendulum never swings so far but that it will swing back. The day is rapidly passing by when people can be hoodwinked.
THE receipts of the Government in 1866 amounted to over $558,000,000( which was an average of $15.73 per capita of our population. But last year these receipts had decreased to less than $355,000,000, a difference of $203,000,000 within twenty-seven years, and a decrease of $5.43 for each one of the population. The actual amount of taxation during this period was reduced by $10.24 for every man, woman and child in the country. This is not Buch a bad showing for Protection and there was a decrease of $1 per head during the two years, from 1890 to 1893, immediately after the passage of the McKinley act, which was Buch a "burden upon the people."
Beware of• Ointments for Catarrh that Contain Mercury, as mercury will surely destroy the sense of smell and completely derange the whole system when entering it through the mucupus surfaces. Sucti articles should never benwed Mteept on prescriptions from reputable physicians, as the damage they will do is ten fold to the good you can possibly derive from thorn- Hall's Catarrh Cure manufactured by F. J. Cheney & Co., Toledo, O., contains no mercury and is taken internally, acting directly upon the blood and mucuous surfaces of the system. In buying Hall's Catarrh Cure be sure you get the genuine. It is taken internally,and made in Toledo, Ohio, by F. J. Cheney & Co. Testimonials free. ESPSold by druggists, price 75c, per bottle.
THE JfKESENT ADMINISTRATION RESPONSIBLE.
George Gunton, in the Social Economist, holds the present administration responsible for the widespread business disaster throughout the country. He declares that its coming into power, pledged to a radioal change of our industrial policy has destroyed confidence in all unrealized enterprises. The very accession of Mr. Cleyeland to the Presidency, with House and Senate at his back, was a silent proclamation that capital was in danger, that the government would be used the advantage of foreign producers and to the disadvantage of home producers, that protection and encouragement to prospective home industries would be withdrawn, and American productive values reduced to the level of European. The effect of this among bankers and business men
A VICTIM OF HOKE SMITH.
One of the many isolated cases which has been selected from the pension files is that of John A. Corbin, of this city, who
haB
been notified that his pension
has been suspended, until he can furnish further proof that he is entitled to the allowance he was receiving, that of $12 a month. Mr. Corbin was a member of Co. G, 11th Indiana Volunteers, one of the fighting regiments in the war for the suppression of the rebellion. The disabilities for which he
waB
granted a
pension were injury of left elbow (anchylosis), diarrhoea, piles, catarrh, and nearly total deafness ol both ears, either one of which is sufficient upon which to receive a pension. The order suspending Mr. Corbin savors very much of arresting him after he has been honorably acquitted and giving him sixty days to prove his innocence. Such treatment, to say the least, is Bhameful and can scarcely be tolerated by patriotic citizens. He has been ordered to Lafayette at additional expense to himself for re-examinaticn. When there is an ex amining board in this city why should he be ordered to go thirty miles from home Has Hoke Smith and his underling, Lochren, no faith in their own appointees? This raid on veterans' pensions is alarming the Northern Democrats and even Judge Hoi man, the cheese parer, is vigorously protesting against the present policy. And Senator Gorman, it iB asserted, has declared that the pension policy of the Georgia statesman, if continued, "will wreck the Democratic party." These unfair and unjust rulings should receive a full and thorough investigation and THE JOUKNAL hopes that the Republican leaders in Congress will at once without delay probe thiB matter to the bottom.
WOOL is 14 cents a pound because the oloth to be made for next season's use may have to be sold on a free trude market.
CALCUTTA CHOLERA CUBE for cholera morbus, diarrheB, etc. Simple, safe, certain. 25 cents. d&wlt T. D. BROWN & SON.
ZOA-PHORA,
"DISEASES OF WOMEN AND CHILDREN," a booh worth dollars, tent sealed for 10c.
CARTERS
PILLS.
WDB
like afire alarm. It made everyone lose confidence in his own Bafety by mistrust ing the safety of hie neighbor, and by destroying credit actually produced insolvency. Strong banks began to restrict their loans and insist upon the taking up of all notes, thus suddenly cramping business men beyond their power to meet immediate obligation and forcing concerns to make assignments whose assets were many times their liabilities. There is no more economic reason for assignment and bankruptcy to-day than there was a year ago, when the nation was at the height of prosperity. The industries of the country were in a wholesome, progressive and confi dence-inspiring condition. No symptoms of abnormal business inflation existed. To be sure, new industries were developing, but only in accordance with wholesome industrial progress. Their products found ready demand in our home market, as is shown by the fact that in no great lines of industry is there any glut of commodities. The only disturbance that has oc curred is the destruction of credit by fear of the consequences of the new policy upon growing and prospective industries in other words, business credit, which is an indispensable factor in progressive industry, has been fatally injured, and doubt, fear, consternation, assignments, bankruptcies have taken place. Some administration defenders, says Mr. Gunter, would fain attribute present business conditions wholly to the silver question, especially to the Sherman act. Bnt it is easy to see that it partakes more of the character of evasion than explanation. It is really the administration's free trade policy, and not the unwisdom of the Sherman law, that is the cause of our present lamentable condition. If Mr. Cleveland would give the country an unqualified assurance that our tariff legislation would remain unchanged during his administration, industrial confidence would be restored in less than a week.
CURE
Blok Headache and relieve all tbo troubles Incident to a bilious stato ol the system, suoh tf Dizziness, Nausea, Drowsiness, Dlstreoa aftei sating. Pain in the Side, &o. While their moat remarkable success has boen shown in curing
Eeaflaehe, yet Carter'o Little Liver PiHa an. equally valuable in Constipation, curing and pro venting this annoying co mplaint, whilo they als correct all disorders or the 3 tomach^itimulato tl., liver and regulate the bowels. Even if they ov iy cored
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(lathebane of BO many lives that horelanhrv
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CARTER MEDICINE CO., New York.
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complete equipment for business life. Practical Business, Shorthand. Typewriting, English, Penmanship, Elocution. Low Kates, Modern Methods. First class Instruction, Services of graduates always in demand. Catalogue and Specimen of Writing*, free. 8-12-6m
BB, O.W. GOSNSLL, Graduate of the
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Toronto, treats diseases of all domesticated animals. Calls promptly attended to aav or night. Headquarters at Insley & Barnail's barn, Crawlordsvi'le, Ind. 6-4m
Garfield
Readef, suffering from any complaint peculiar to the female sex, ZOA-PHORA is worth everything to you. letters for advice, marked "Consulting Department," are seen by our physicians only. ZOA-PHOBA. CO., H. G. COLSIAN, Sec'y, Kalamazoo, Mich.
As every good housewife knows the difference between appetizing, de
licious cooking, aDd the opposite kind is largely in delicate sauces and tialatable gravies. Now these, require a strong, delicately flavored stock, and the best stock is
Liebig Company's Extract of Beef.
Can Make Money
Uy getting a gnori ed- .. ucation at the Un on Business College Lafayette, Ind. A gh p-rade Commei i»l
Sohooolf urnisl
eating.<p></p>Tea~.,
Overcomes results of bad
Cures Constipation, Restores Complexion, Saves Doctors' Bills. Sample free. GAKFIELDTEACO.,319 W.46thSt.,N.Y.
Cures Sick Headache
FOHSALE!
Thoroughbred Poland China Pigs
Of both sexes.of Fall litter sired by the noted ling, worldbeater, Jumbo No 15,201, A.P.O. record. This is one of the iargest breeding hogs in the Stato. Now is the time to purchase a pig that will do vou good in the future. N.B.—1 breed Barred Plymouth Rocks exclusively. I have the finest birds 1 ever raised, and still add a few good birds to my flock each year. Iam breeding from two yards. iSggs from either yard will De sold at 11.25 for one sitting: or *2 lor two sittings.
Addross. GEO. W. FULLElt, Crawfordsville, Ind.
PARKER'S
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The Consumptive and Feeble
and all who
suffer from exhausting diseases should use Parker's Ginger Tonic. It cures the worst Cough, Weak Lungs, Debility .Indigestion, Female Weakness, Rueumatism ana Pain. 60c. $1*
HIND E.R CO RNSr
The only sure cure for Corns.
Stops all paui. Makes walkiuz easy. Jdcts. at Druggists.
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Secures to ,G IR S a painless, perfect development and thus prevents life-long weakness.
Sustains and soothes OvemiuorJceti Women, Exhausted Mothers, and prevents prolapsus.
Cures Palpitation, Sleeplessness, nervous breaking down (often preventing insanity), providing a safe Change of IAfe, and a hale and happy old age.
A. S. CLEMENTS
Crawfordsville, Ind., agent
Home Insurance Co,
Of NEW YORK.
ri Cash Capital, $3,000,000! Cash Assets, $6,000,000!
Insures Farm Property against Fire and Lightning, cyclones or wind storms, on cash, single note or instalment plan. Most liberal blanketed policy issued. Farm property a specialty address as above and I will call and see you.
Office—204 East Main street, with Krause & Crist, Florists.
J. J. DARTER,
REAL ESTATE & LOAN AGENT
Farm and City Propertyfor Sale. Mone) to Loan at Lowest Rate of Interest. 122 North Washington Street.
$100,000
TO LOANI
7 per cent. Annual .nterest
Without Commission.
NO HUMBUG.
Cumberland & Miller
(18 West Main St.
ABSTRACTS OF TITLE Hster,
aving secured the services of Wm. Web late of the firm of Johnson & Webster, abstractors of title, I am prepared to furnish on short notice, full and complete abstracts of title to all lands in Montgomery county, Indiana, at reasonable prices. Deeds and mortgages carefully executed. Call at the Kocorder's office. oct5yl THOS. T. MPNHALL. Recorder.
MONEY to LOAN.
At 4^ and 6 per cent for 5 vears on Improved Farms in Indiana. We graat you the privilege of paying this money back to us in dribs of $100, or more, at any interest payment.
Write tooi call on
O. N. WILLIAMS & CO.,
Crawfordsville, Indiana.
G. W. PAUL. M. W. BRDNF.n.
PAUL & BRUNER,
Attcneye-at-Law,
Office over Mahorney's Store, Crawfordsville, Ind. All business entrusted to their care will receive prompt attention.
THEO. McMECHAM, DENTIST.
TOn£RA^F0RD?VILLEthe
INDIANA.
Tenders his service to public. Motto good work and moderate prices."
Money to Loan.
Bouses and Lots for Sale also Dwellings to Rent.
Abstracts ot Title and Deeds and Mortgages Carefully Prepared.
ALBERT C. JENNK0N
Loan and Insurance agent, abstractor and Conveyancer.
122 East Main St.. Crawfordsville
Morgan & Lee
ABSTRACTORS, LOAN AND
INSURANCE AGENTS
Money to Loan at 6 per cent Interest.
Farms and City Property or Sale.
Life, Fire and Accident Insurance.
Office North Washington st., Ornbaun Block, Crawfordsville, Ind.
UfANTED-SALESMEN |f LOCAL and TRAVELIXO,
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ESTABLISHES OVER 40 TEAKS. COO Acres. 13 Greenhouses. Address, PHOENIX NURSERY COMPANY, p.o.Box 1215. Bloomington, Illinois.
O. U. PEiRRIN. Lawyer and Patent Attorney.
Joel Block,
WashingtOQ St., Crawfordsville, Ind.
FIRST MORTGAGE
LOAN,
AT 41 -2 PER CENT,
Interest»payable Annually
APPLY TO
G. W.WRIGHT
Fisher Block, Eoom 8,! Crawfordsville, Intf.
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