Decatur Democrat, Volume 37, Number 21, Decatur, Adams County, 11 August 1893 — Page 6
""""""«HEMMSWMHMM ©he democrat t?...—. DECATUR, IND. >. BLACKBURN, - - - PtniLtawira. 1893 AUGUST, 1883 Su Mo Tu We Th Fr Sa • • 1 2 ~3~ 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 • • • ••••«« THE NEWS RECORD. SUMMARY OF A WEEK’S HAPPENINGS. Congress Meet* In Extraordinary Serai on— Factories Resuming Operations - Great Race Meeting at Fort Wayne, Ind— August 2Z Appointed ••Indiana Day” at the World'* Fair. A Great Race Meeting. The biggest trotting meeting ever held in Indiana wHI be the Fort Wayne meeting, which opens August 1-k There are 210 entries to the class races and over 100 entries to the eolt stakes. The quality of the horses entered being the best that have ever come together in the State. THE FIFTY-THIRD CONGRESS Assembles in Extraordinary Session. The Fifty-third Congress assembled in extraordinary session precisely at noon Monday. ’There was nothing unusual in theopening exercises. The House was called to order by Clerk Kerr, and the President's proclamation having been read the call of the States and the names of their members was first in order. Three hundred and thirty-six members responded to the roll-call, and a quorum was declared to be present. Officers were chosen as follows: Speaker Charles F. Crisp of Georgia; Sergeant-at-arms, ex - Congressman Clerk, • Junius Kern of Pennsylvania: Doorkeeper, A. B. Hutt of Tennessee: Postmaster, Lycurgus Dillon of Indiana: Chaplain, S. W. Haddaway of the the District of Columbia. The Senate was called to order at noon. After the President's proclamation convening Congress in extra session was read, the oath of office was administered to Senators Quay (Pa.) and Pasco (Fla.) and a communication was read from Senator Beckwith (Wyo.) announcing that, owing to a combination of circumstances, he had placed his resignation as Senator in the hands of the Governor. The communication was placed on file. The usual resolution to notify the House and President were adopted, and then the death of the late Senator Stafford of California, was announced by Senator White of that State, and as a mark of respect the Senate adjourned. Protection for Presbyterian Missionaries. The Presbyterian Board of Foreign Missions in New York, has received a personal letter from the Hon. Walter Q. Gresham, Secretary of State, in which he pledged the Government to do all that was possible to compel the Porte to punish the perpetrators of the latest outrage upon an American missionary in Turkey. The communication referred to the attack which was made upon Miss Annie Melton, a missionary of the board in a village in the Koordis Mountains. At a meeting of the board a resolution was adopted expressing gratification at the prompt and vigorous action on the part of the Secretary of State. ‘ Shot His Sweetheart. At Jackson, Mich.. Charles McCortnick shot and fatally wounded Miss Jeanette Neil. The tragedy occurred at the home of Miss Neil’s sister, Mi's. John Kelly. McCormick had been to see the young lady and had asked her to marry him. She refused. He returned to the house, pulled a revolver from his pocket, fired at Mrs. Kelly but missed her, and then shot Miss Neil under the right eye. He t hen shot himself through the head. Neither he nor Miss Neil will live, the doctors say. Indiana at the Fair. Mr Henry G. Thayer of Plymouth, , Ind., has been appointed by Governor i Matthews to succeed Clem Studebaker on the Indiana World's Fair-Commis-sion. Mr. Thayer is a banker at Plymouth, and well known as a Republican, having been a candidate for Congress from that district. The Governor has issued a proclamation fixing August 22 as ‘'lndiana Day” at the fair. The program is yet to be arranged by the executive committee. Large Foutories Resume Operation. The American sheet mill, one of the largest iron industries at Phillipsburg, N. J., after being closed down nearly two months, lias resumed operations with enough orders to keep the mill going steadilj’ with its day force. Work is partially resumed at Jones & Laughlin's American Iron Works at Pittsburgh. Seven mills in the finishing departments, the billet mill and the steel plant are in operation. About 500 men arc at work. Justice Blatchford’s Successor. New York special: A report is current in this city, that President Cleveland has decided to nominate William R. Hornblower of this city to fill the vacancy on the United States Supreme Court bench caused by the dpath’of t Judge Samuel Blatchford. Mr. Hornblower is a graduate of Princeton and has been a member of the bar of New York for eighteen years. Convicts Caught. Both Fred Hawley and Charles Justice, the convicts who made such a clever escape from State Prison at Jackson, Mich., were caught and returned. * Twenty Persons Drowned. London special: Twenty-eight excursionists from Port Tailxit, Wales, put out in Swansea'Bay. The boat upset and twenty wore drowned. Treacherous Dogs. San Francisco special: Advices byan Australian steamer state that a Queensland “labor” vessel, *while recruiting off tho coast of Malayta. Solomon Islands,' was attacked una seized by the natives. The white crew was killed < . .and the vessel first looted and then set r. fire to and burned to the water’s edge. The first intimation of the affair was brought to Noumea by the “labor” vessel, Lady Staubyn, which had fallen into company with another vessel that had natives on board who were aware of the cireumatances. The plan adopted by the chief at Malayta was to decoy the vessel to a
certain place on the coast on promise of supplying a number of recruits. • This wax done after he had ostensiblj shown his bona tides by putting or ixiard a number of natives. On the arrival of the vessel at the rendexvoui she was surrounded by armed canoec and her crew quickly dis]>atehed by the combined forces of natives afloat and those already taken aboard. SUFFERED DEATH. Van Ixxin, the Columbus Grove Murderer Executed. Columbus special: Thursday was the last day on earth for Frank Van Loon the murderer, who has made such s fight for life. Early in the morning David Van Loon, the condemned man'i father, Mrs. Van Loon, the prisoner'! wife, and their attorney, E. L. Dewitt, were at the Governor’! office. Other visits were made during the forenoon, but Gov. McKinlev kindly but firmly refused to interfere with the execution of the law’s sentence. This fact was made known tc Van Loon in his cell oy his brother-in-law, Oyler, and the prisoner at once became roaring wild and totally collapsed. He afterwards became quieter and engaged with Chanlin Dudley in prayer. He bade his wife and relatives farewell in a very cold and indifferent Way. He was hanged in the prison at night. During the afternoon a telegram was received that Van Loon's child was dying at Galena, Ohio. It had been ill for some time. The crime for which Van Loon suffered death was committed at Columbus Grove, Ohio. August 8,1891. That day he entered the Exchange Bank there, and, flourishing twp revolvers, demanded the bank's money of Cashier Maple. Before that gentleman could do anything, Van Loon fired at him three times, two shots taking effect in Maple’s arm and side; At this moment William Vandermark. an old farmer, entered the room. Van Loon started to leave, and meeting the old man placed a revolver against him, fired into his abdomen and fled; Vandermark died the next day. The bank was then deserted and the bandit helped himself to the cash, taking about $1.200. He made good his escape as the people of the town were terrorized. William Roberts was arrest ed for the crime and positively identified by witnesses, but afterward released and Van Loon arrested. The latter, who had always been broke, displayed large sums of money to. some relatives who disliked him. After a hard fought trial Van Loon was convicted. The case was contested in the circuit and supreme courts, the sentence of death being confirmed in each.
DUN’S REVIEW. A More Healtliy'Tone Follows the Demoralization of the Speculative Market. R. G. Dun & Co.'s weekly review of trade: Demoralization in the speculative market has been followed by a more healthy tone. In money markets there has come a singular sense of relief, notwithstanding an actual increase in present embarrassments almost amounting to a paralysis of exchange between the chief commercial cities, and of many industrial works, because even 2 per cent, premium for currency fails to secure what is needed for the payment of wages. Hopes are nevertheless fixed on ships which will bring over $11,000,000 gold across the sea, and on the extra session of Congress. Stocks at the lowest point averaged a little more than s4l a share, but it is yet a long way j down to the prices of 1877. averaging ’ at the lowest s4l a share, and the con- : trast between the condition and earn- i ings of the railroads now and then , is greater than the difference j in price. In anxious efforts to; fortify themselves, the banks throughout the country have locked I up a large amount of currency, and | depositors who have drawn their accounts are also keeping out of use many millions. As the entire circulation of bills of less than $5 each is but $71,000,000, the withdrawal or the mere withholding of accustomed deposits by a considerable proportion of them • would put out of market much of small | notes. The closing of shops and works I for lack of ordert- is the overshadowing ! fact. OtD PEOPLE ATTACKED. — ■ Three Masked Men Try to Extort Money I From Them. The other night three masked men , entered the residence of A. Ream, re- ' siding near Somerset, Pa., a retired | farmer. 97 years of a»e. and finding Mr. and Mrs. Beam' alone demanded] their money. Mrs. Beam handed them i a pocketbook containing less than a . dollar. The robbers turned furiously | upon the old couple and beat them in a horrible manner. A piece of firewood was force d down Mr. Beam's throat in an Effort to extort from him the hiding place of his supposed wealth. The old gentleman lost consciousness. and the robbers, thinking they had killed him, knocked Mrs. Beam senseless with a Club, and fled. Mrs. Beam finally recovered and rang the dinner bell to arouse the neighbors. several of whom responded. Dr. Coude says it is doubtful whether Mr. Beam will recover. No trace of the robbers has been found. Mrs. Beam is unable to give a description of the I men. Special Treasury Agents Capture a Member of a Daring Gang. Portland (Oregon) special: As a re- i suit of the careful investigation by special agents of the treasury of the operations of the smuggling coterie which for several years has been doing a wholesale business, arrest of exInspector M. Caro has just been made at San Francisco. He is charged with complicity in the Haytein Republic deal and will in all probability be brought here at once. Cafo was appointed to the service by Hyman Abrahams, who was made collector at this port during President Cleveland's first terra, and he managed to hold over till a short time ago. It is i thought Caro has been acting as a tool I of the smuggling ring, among the I members of which are two very prominent wholesale dealers, a lawyer of considerable reputation and numerous politicians. Their operations embraced both Chinese and opium, nearly all of which were carried on the Haytien Republic. Now that Caro is in the toils sensational developments will surely be made. It is anotable fact that never in the history of the Portland Custom House has a pound of opium been entered for duty,. . Fish Killer. Columbus (Ohi,o) special: Dr. Probst, Secretary of the State Board of Health, I returned from his inspection of the ; Sandusky River, and the effect of the waste Jrom the straw board works at Tiffin on the water. With the Fremont Board the doctor drove from that city to Tiffin, a distance of about eighteen miles. following the river. The greatest trouble appears ' to be at Fort Seneca, about midway between the two cities. The works are located just below Tiffin, and i for three or four miles the water in • the river is discolored, and dead fish by f the score can be found in the water, i showing that the chemicals contained
in the refuse are poisonous. Dr. Protiei arranged with the Township Trustees to remove the fish and keep the stream clear of pollution from this source, and as the works are to shut down for a time the-difficulty will be obviated temporarily. Prise Fight Prove* Fatal. The “Sailor Kid,” whoso correct name is differently given as Bobby Taylor, and Lon Turner, who fought a draw other tho night in a pugilistic encounter at tho Rambler's club rooms. River Front Park. Denver, is dead. By order of the district attorney, state warrants were promptly sworn out for all those concerned in the mill. “Kid,” or William Robinson, colored was the “Sailor Kid's" opponent and the latter was terribly beaten up. Bat Masterson, who refereed the fight, has fled. The kid never regained consciousness after leaving tht ring. All concerned in the affair are to be taken into custody as fast as deputies can find them. An Excursion Steamer Goh Down. Albany (N. Y.) special: A steamer with an "excursion party left Fourteen Mile Island, I Ake George, for Pearl Point, Saturday morning. At Pearl Point landing the steamer sank. Kight lives were lost. The steamer was tho Rachel Sherman. She had an excursion party of twenty-nine persons aboard from Fourteen Mile Island. The names of those drowned are as follows: Miss Bennett, Miss Ovatte, Miss Burke, Miss Hall, Miss Worden, Mrs. Mitchell and son and an unknown lady. They were all from Troy, Brooklyn, and Hoboken. Twenty-one persons were Tramps Seize a Train. Valparaiso (Ind.) special: About sixty tramps boarded an eastbound freight train on the Fort Wayne road at Tol.eston, and. drove the conductor and two brakemen into the caboose. They rode info this city, controlling the "train. The police were notified here by the Tolleston agent and were at the depot, but before stopping, the tramps left the train and fled. The police chased them and captured seven. One of tho tramps was shot by a comrade at Wheeler, on the way here. Removed a Rail. All attempt was made to wreck the south-bound jiassenger train on the Wabash Railroad near Moberly, Mo., the other night. Shortly after midnight the son of the station agent overheard two men talking about the expected wreck. He summoned help and an examination of the track showed that a rail had been removed near a bridge. The train was flagged and the track repaired. The company’s detectives are at work and the captun of the miscreants is assured.
Deadly Explosion. Berlin special: A disastrous explosion occurred on board the German 1 armor-clad steamer, Baden, at Keil. ! I Lieutenants Oelsner and Zembsch and ' i seven seamen were killed and seven- ’ [ teen persons were wounded. It ap- ' I pears that some of the men had just 1 removed from the magazine a grenade measuring twenty-six centimetres in diameter. Through some cause not yet explained the grenade exploded,* killing or wounding nearly every perin the immediate vicinity. Passenger Train Wrecked. I Train No. 19, known as the Atlantic ; express, on the Lake Shore Railroad, j west bound, jumped the track at Lindi say, Ohio, twenty-two miles east of Toj ledo. A freight train was standing on i the siding and the passenger train ! crashed into it. It is supposed that the ■ switch was not tightly closed, which I caused the train to leave the rails. It I was heavily loaded with passengers, I one of whom was killed outright and I seven other more or less seriously in jured. Pennsylvania Railroad Retrenchment. New York special: To reduce expenses, and at the same time obviate the necessity of discharging any of its i Jersey City employes, the Pennsyli vania railroad has issued an order lavi ing off all shop hands and road workj men outside of those employed in the [ runningoftrains. oneday ineach week. The new order is to go into effect im- ■ mediately and continue in force until ' further orders. Irate Women Clean Out a Saloon. At Greentown, Ind., the ladies of the | churches wrecked the only saloon in | the town with axes, clubs, and other 1 feminine weapons of warfare. They . first met at the saloon and held prayer to get the proprietor to stop, but failing to melt him they adjourned to take more decided action. The church bells were rung and the work of destruction began, the wreck being complete, The Hoosier Poetess Dead. Mrs. Sarah T. Bolton, the Indiana poetess, died at her residence in Indianapolis at the age of 81. Her poem, “Paddle Your Own Canoe,” has been translated into many languages and is known the world over. “Union Forever,” published in the early years of the war and set to music, was a standard war song. A Farmer Killed. Theophiles Racine, a farmer, residing near Fort Wayne. Ind.; was killed by falling off a load of hay. THE MARKETS. CHICAGO. Cattie-Common to Prime.... $3 25 (“. 550 Hoos—Sh pplng Grades 300 @6 00 Sheep—Fair to Choice 4 00 @ 3 oo Wheat—No. 2 Spring M @ M Cobn—No. 2 as «f 37 Oats—No. 2 ,22 @ 23 Rye—No. 2 42 & 44 Buttes.—Choice Creamery 19)s@ 20’i Eggs—Fresh Mh@ 13'; Potatoes—New. perbrl 1 76 @ 2 so INDIANAPOLIS. Cattle—Shipping 2 23 @ t 25 Hogs—Choice Light 3 50 @ 6 75 Sheep—Common to Prime 3 00 @3 75 Wheat—No. 2 Red 55 @ BS’.j, Corn—No. 2 White 30 @ 4» Oats-No. 2 White 32?4@ 33'* ST. LOUIS. Cattle 3 co @ 3 oo : Hogs 3 00 (5 5 75 I Wheat—No. 2 Red 53 ('$ 54 . Corn—No. 2 33 34 ■ Oats—No. 2 22!s@ 231 s Rye—No. 2 43 ® 60 CINCINNATI. Cattle 300 @ 4 75 HOGS...*. 3 00 ©6 00 Sheep 3 oo © 4 73 Wheat—No. 2 Red 66'j@ 361* Corn—No. 2.. Oats—No. 2 Mixed 27 <a> 28 Rye—No.2 40 61 DETROIT. Cattle.... 3 oo ©475 Hogs 3 00 @6 60 Sheep 3 00 © 3 73 Wheat—No. 2 Red 62 (<» 63 Cobn—No. 2 Yellow 30 @ 40 Oats—No. 2 White 36 @ 37 TOLEDO. Wheat—No. 2 58 @ 58 Corn—No. 2 YellowT 41 (<e 42 Oath—No. White 26 (a 26S ' Rye.......,, ...... 45 <ft 46 , BUFFALO. . Cattle—Common to Prime.... 350 ©6 50 Hogs—Best Grade 5........ 4 00 © 630 ' Wheat No. 1 Northern. 62 @ 63 : No. 2 Red 60 @ 00» MILWAUKEE. , Wheat—No. 2 Spring 6114@ G2!{ L C0RN—N0.3.... 37'4(9 OS’-., - OATH—No. 2 WhiteA... 32!*@ 33 is Rye—No. 1 48 (9 co ■ Barj.ey—No. 2 64 @ 36 5 Pork—Mess 10 00 ©lO t.O t NEW YORK. , Cattle 3so @6 50 ; Hogs 300 @6 60 1 Sheep 300 @3 25 1 Wheat—No. 2 Red 68 (9 GO . Corn-No. 2 47 @ 48 ' Oats—Mixed Western 36 <9 38 , Butter—Creamery 1 Pobk—New Mesa. 18 00 @lO 00
CLEVELAND SPEAKS. HE URGES THE REPEAL OF THE SILVER ACT, To Which I* Attributed th* Present Financial Depression—The President Believe* That Relief Ue* In the Speedy Action of Congress Upon This Lln®» The President's message was read in both housea of Congress at noon luesday. Following is the message in full: To th* Congr*Bß of th* United Stat*i: • The ex intends of an alarming and extraordinary business Situation, Involving the welfare and prosperity of all our people, has const rained me to call together in extra session the people a representatives in Congress to the end that through a wise and patriotic exercise of the legislative duty, with which they are solely charged, preat nt evils may bo mitigateg and dangers threatening the future my be averted. Our unfortunate financial plight is not the result of untoward events, nor of conditions related to our natural resources; nor is it traceable to any of the afflict ions which generally check national growth and prosperity. With plenteous crops, with abundant promise of remunerative proauction and manufacture, unusual invitation to safe investment, and with satisfactory assurance to business enterprise, suddenly financial distress and fear have sprung up on every side. K umerous moneyed institutionshave suspended because rbundant nssests wore not available to meet the demands of frightened depositors. Surviving corporations and individuals are content to keep in hand the money they are usually anxious to loan, anj those engaged in legitimate business are surprised to find that the securities they offer for loans, though heretofore satisfactory, ar a no longer accepted. Values supposed to be fixed are fast becoming conjectural, and loss and failure have invaded every branch cf business. DEPRESSION CAUSED BY SILVSB PURCHASES. I believe these things are principally chargeable to congressional legislation, touching the purchase and coinage of silver by the General Government. This legislation is embodied in a statute passed on the 14th day of July, 1&», which was the culmination of much agitation on the subject involved, and which may be considered a truce, after a long struggle between
Wwl PRESIDENT CLEVELAND. the advocates of free silver coinage and those intending to be more conservative. Undoubtedly the monthly purchases by the Government of 4,500,000 ounces of silver, enforced under that statute, were regarded by those interested in silver production as a certain guaranty of its increase in price. The result, however, has been entirely different, for immediately following a spasmodic and slight rise, the price of ' silver began to fall after the passage of the act and baa since reached the lowest point ever known. EVILS CONSTANTLY ACCUMULATING. This disappointing result has led tdrenewed and persistent efforts in the direction of free silver coinage. Meanwhile not only axe the evil effects of the operation of the present law constantly accumulating, but the result to which its execut ion must inevitably lead is becoming palpable to all who give the least heed to financial subjects. This law provides that In payment for the 4,500,000 ounces of silver bullion which the Secretary of tho Treasury is commanded to purchase monthly, there shall be issued treasury notes redeemable on demand in gold or silver coin, at the discretion of the Secretary of the Treasury and that said notes may be reissued. It is, however, declared in the act to be “the established policy of the United States to maintain the two metals on a parity with each other upon the present legal ratio or such ratio as may be provided by law.” This declaration so controls the action of the Secretary of the Treasury as to prevent him exercising the discretion nominally vested in him, if by such action the parity between gold and silver could be disturbed. DESTROYS THE PARITY OF THE TWO METALS. Manifestly a refusal by the Secretary to pay these treasury notes in gold if demanded, would necessarily result in their discredit and depreciation as obligations payable only in silver, and would destroy the parity between the two metals by establishing a discrimination in favor of gold. Up t 3 the 15th day of July, 1893, these notes had been issued in payment of silver bullion purchases to the amount of more than one hundred and fortv-seven millions of dollars. While all but a very small quantity of this bullion remains uncoined and without usefulness in the treasury, many of the notes given in its purchase have been paid in gold.| This is illustrated by tho statement that between the Ist day of May, 1892, and the 15th day of July. 1893, the notes of this kind issued ih payment for silver bullion amounted to a little more than fifty-four millions of dollars, and that during the same period about forty-nine millions of dollars were paid by the treasury in gold for the redemption of such notes. DEPLETES OUR GOLD. The policy necessarily adopted of paying these notes in gold has not spared the gold reserve of one hundred millions of dollars long ago set aside by the Government for the redemption of other notes, fcr this fund has already been subjected to tho payment of new obligations amounting to about one hundred and fifty millions of dollars on account of silver purchases, and has, as a consequence,* for the first time since its creation, been encroached upon. We have thus made the depletion of our gold easy* and have tempted other and more appreciative nations Co add it to their stock. That the opportunity we have offered has not been neglected is shown by the large amounts of gold which have been recently drawn from our treasury and exported to increase the financial strength of foreign nations: excess of exports of gold over its imports for the year ending June 30,1893, amounted to more than $87,50.1,000, ’ a L Between the first day of July, 1890, and the fifteenth day of July, 1893, the gold coin anti bullion in our Treasury decreased more than $130,000,000, while during the same period the silver coin and bullion in the Treasury increased more than 8147,000,000. Unless government bonds are to bo constantly issued and sold to replenish our exhausted gold, only to be again exhausted, it is apparent that the operation of the silver purchase law now in force, leads in the direction of the entire substitution of silver for the gold in the Government Treasury, and that this must be followed by the payment of all Government obligations in depreciated silver. MUST PART COMPANY. At this stage gold and silver must part company and the Government must fail fn its established policy to maintain the twp metals on a parity with each other. Given over to the exclusive use of a currency greatly depreciated according to the standard of the commercial world, we could no longer claim a place among nations of the fir^t-class, nor could our Government claim a performance of its obligations, so for as such an obligation has been imposed upon it, to provide for the use of the people the best and safest money. If, as many of its friends claim, silver ought to occupy a larger place in our currency and the currency of the world through general international co-operation and agreement, it is obvious that tho United States will not be in a position to gain a hearing in favor of such an arrangement so long as we are willing to continpe our attempt to accomplish the result single handed. Tne knowledge in business circles among our own people that our Government canriot moke its flat equivalent to intrinsic value nor keep inferior money on a parity with a superior money by its own independent efforrs. has resulted in such a lack of confidence at home, in the stability of currency values that capital refuses its aid to new enterprise!, while millions are actually withdrawn from the channels of trade and commerce to become idle and unproductive in the hands of timid owners. Foreign investors equally alert not only decline to purchase American wecurities. but make haste to sacrifice those which they already have. It does not meet the situation to say that apprehension in regai d to the future of our finances is groundless, and that there is no reason for a lack of.confidence in the purposes or power of the Government in the premises. The very existence of this apprehension and lack of confidence, however caused, is a menace which ought not for a moment to be disregarded. Possibly if the undertaking we have in hand the maintenance of tbo specific known quantity of silver at a parity with gold, our ability to do so might be estimat ed and guaged and perhaps, in view of our unparallelled growth ana resources, might be favorably passed upon. But when our avowed endeavor is to maintain such parity In regard to an amount of silver increasing at the rate ot W 0,000,000 yearly, with no fixed tenulna-
tion to *uoh Inor*.**, it can hardly b* raid that a problem ha* boon preaAited who** solution 1, fr** from doubS 'I b* paoule ot th* United State* are entitled to a .ound and (table ourreuoy and to monay ranognlrad a* auch on «verv exchange and in story market of th* world. Their government ba* no right to Injure them by financial expertinent* oppoaed to tho policy and practice of otber etvlliied stat** nori* it juatlned in permitting an exaggerated, unreasonable reliance on our national atrength and ability to Jeopardize the aounano** of tne people'* money. mo fzbty quamoN. Thl* matter riaea above the plane of party politico. It vitally ooncerna every buaineae and calling and entero every houaehofd fn the land. There la one Important aapect of the aubjeot which eaiuwlally ahould never be overlooked, kt tlmea like tho preaeut when the evila of unsound finance threatens us the speculator may anticipate a harvest gathered from the misfortune of others, tho capitalist may protect himself by hoarding or may even find profit in the fluctuating of values; but the wage earner—the first to be injured by a depreciated currency ami the last to receive the benefit ot ito correction—la practically defenseless. Ho relioo for worx upon tbo ventures of confident and contented capital This falling him, hi* condition I* wit hout alleviation, for b* caii neither prey on the misfortune* of other*, nor hoard hl* labor. One ot the greatoat statesmen our country ha* known, *i>e*klng more than fifty year* ago. when a darangement of the currency had caused commercial distress, said: "The very man of all ot her* who ha* the deepest lnter**t in a sound currencv and who'suflers most by mischievous legislation in money matters, is the man who earns his dally bread'by his dally toU." These words are ae pertinent uow as oa the day they were uttered, and ought to Impreralvely remind us that a failure in the discharge of our duty at tbi* time mult especially injure those of our countrymen who labor, and who, because of their number and condition, are entitled to the most watchful care of their Government. GIVE H«LIW AT ONCK. It is one of tho utmost importance that such relief ae Congress can afford in the existing situation be afforded at once. The maxim "Be gives twice who gives quickly" is directly applicable. - It may be true that the embarrassment* from which tho buainess of the country is suffering arise as much from evils apprehended a* from those actually existing. We may hope, too, that calm counsels will prevail and that neither the capitalists northo wage earners will give way to unreasonable panic and sacrifice their property or their Interests under the influence of exaggerated fear*. Nevertheless, every day'* delay In removing one of the plain and principal cause* of the present state of things enlarges the mischief already done and increases the responsibility ot the Government for it* existence. Whatever else tho people have a right to expect from Congress, they may certainly demand that legislation condemned by the ordeal of three years’ disastrous experience shall be removed from the statute books as soon as their representatives can legitimately deal with it. TARIFF REFORM. It was my purpose to summon Congress in special session early in the coming Septemlrer that we might enter promptly upon the work of tariff reform, which the true interest* of tho country clearly demand, wbich so large a majority of the people have shown by their suffrages desire and expect, and to the accomplishment of which every effort of the present administration is pledged. But while tariff reform has lost nothing ot its immediate and permanent importance, and must in the near future engage the attention of Congress, it has seemed time that the financial condition of the country should at once, and before all othar subjects bo considered by your honorable body. BEPFAI. THE SILVER PURCHASE CLAUSE. I earnestly recommend the prompt repeal of the provisions of the act passed July 14, ISK), authorizing the purchase of silver bullion, and that other legislative action may put beyond all doubt or mistake the intention and the ability of the Government to fill it* pecuniary obligations in money universally recognized bv all civilized countries. [Signed] Grover Cleveland. Executive Mansion, August 7.1HJ3. Pluto’s Safety Valve. Two and a half miles south of the little Mexican village of Las Hummettas, in Western Arizona, in alow, sandy valley, flanked by tall mountains, there is a bole about three feet in diameter and of unknown depth. From this cavity, which is as round as if fashioned by an experienced well-digger, a dense cloud of smoke and steam is constantly arising. For 100 feet on each side of this apparently fathomless pit the ground is moist and damp. Water collected from small boles dug in the damp soil has a curious effect upon the person rash enough to drink it—dispelling sleep for as much as fifty hours in succession. if the hands and feet be washed in it, it gives them a brazen hue and a paralytic numbness. Os an evening, about 7 o'clock (seldom varying as much as five minutes either way), large volumes ot sand are shot from the hole several yards into the air. Sometimes this latter exhibition is preceded by increased activity and loud subterranean noises', at other times the emission of smoke and steam almost entirely ceases for about ten minutes before the sand spurting show takes place. The people of Las Hummettas know the hole by the name of “Pluto’s Safety Valve.” Some Seeming Discrepancies What is the precise color expressive of anger or rage? Novelists seem haidly to have settled the t>oini as yet, if we may judge from the fCur pas-ages below, taken from a recently published novel: 1. Page 9. “Adrienne suddenly appeared, her face white with anger.” 2. Page 20. “The little fellow was trembling with a blue rage.” 3. Page 57. “Albert was choking wlrh passion. He turned green in the -face.” 4. Page 173. ‘ Rodolphe. who was of a very choleric temperament, passed instantaneously through all the colors of the rainbow.” A regular exhibition of fireworks, an artist’s palette for variety, don’< you Times. —, Making Confederate Money. A very curious industry was established early in 1861 in New York City, and lasted to the end of the war. It was the manufacture of Confederate money. A regular business was done in this, remarkable as it may seem. A man who has twice been in Congress since the war from a northern district, made a fortune out of the stuff. It could not be told from the genuine, the only difference being that the Northern article was rather better than that made in the South. Plantations were purchased with It, and one of the finest places In Mississippi was bought and paid for in Confederate currency that cost the people who used it only about $1,200 in- gold.— New York Times. A Reigning American Beauty. Miss Elizabeth Green of Detroit seems to be the "representative ofAmerican beauty in Europe just now. She is turning Parisian heads at present While at the silver wedding festivities the Queen of Italy had her nephew sent away on military service to keep him safe from the pretty American. The Roman shop windows displayed photographs ot Miss Green standing beside the young i Count ot Turin. Still another con- ; quest was the German Emperor, who said she was the only woman he met in Italy suffiwently intelligent for : conversation, since which speech the ; young lady tai been called "the Kai- > ser’s Miss Green.’’—London Figaro. I . i Don’t worry about the cholera 1 The man who borrows trouble will ’ suffer from that which he hath not.
CUSTOM HOUSE WAYS. [ ’ *..,. ~ ■■ THE EXPERTS ARE LIKE THE SNAKES IN IRELAND. 1 • \ H>* Affair* ot th* Greatest Revenue Port In th* World Ar* Conducted in the Most Indifferent and Vnbu*ln***-llk* MannerIndications for 1896. “ Expert* " Not Expert. One of tbo facts efltablhhod by the Fairchild Commission, which begun a few months ago to investigate the New York Custom House, Is that the affairs of this, tho greatest revenue collecting pout in the world, are conducted in a most indifferent and uhbusiness-liko manner —so shiftless and reckless that no private business undertaking (except, perhaps, some of the highly protected manufacturing industries) could expect to endure a year if run on such principles. It would naturally be supposed oy tho uninitiated that custom nouse collectors, appraisers and examiners are experts in their various linos. But it appears from tho testimony submitted that under tho last administration almost no ono had any definite Idea of what were his duties or took any pains to jiost himself. The appraiser is theoretically an expert, both on the tariff and on tho foreign values of goods. He is required to sign every invoice which passes through the stores. Practically Appraiser Cooper knows but little about the tariffs or foreign prices, nor does ho sign 1 per cent of tho Invoices. He finds it much easier to supply his assistant appraisers with rubber stamps containing his signature. His duties are thus very light—merely perfunctory, as he says. As an example of his expertness and accuracy he testified that about 10 per cent, of all invoices wore advanced on one or more items; official tables submitted later showed that less than 1 per cent, wore advanced. The Assistant Appraisers, mostly political pickups at a salary of 83,000, natter their superior by imitating his lack of knowledge on all essential points. Michael Goodo astonished the commission by telling it that if his examiners were to depend upon him for expert knowledge or for instruction as to their duties it would be forty years before he would have become proficient enough to assist them. Ho did not know tho difference between jute and burlap, and could not give the current foreign market price of a single article in his division. Ho is a plastererDvho has temporarily abandoned his trade to serve his country and his party for the slight pecuniary consideration of $3,000 a year. Assistant Appraiser Wm. H. Leaycraft did not know how his examiners determined the quality and value of imported cigars, and professed like ignorance with equal frankness on ot her points relating to the administration of his duties. From the reliance placed upon the examiners by the appraisers it would be inferred that the examiners wore paragons of knowledge and duty. Yet all but three of over twenty examiners acknowledged that they Knew nothing of foreign prices except as indicated by invoices. If an invoice was unusually low they raised it. They did not take or see trade papers of any kind and only one of these “experts” had ever been in the country where the goods of his division were manufactured. None of them had data on which to base valuation less than six months old, and in one case it was out of date to the extent of three years. It may be remarked here that the invoices on which the examiners rely are those of foreign manufacturers, vouched for in a perfunctory way by our foreign consms. The goods ate usually undervalued 8 or 9 per cent., just enough to avoid the penalty for/undervaluation, if caught Tho investigation' brought out the fact that every examiner appointed under the Harrison administration was smuggled through the civil service by an alleged examination for “damage examiner.” After a short service in this “kindergarten” department they were “transferred” and became regular examiners, forty years in advance of their superior officers. Such precocity is unknown outside of the ranks of active politicians, where it is quite common. Not only was it shown that certain importers were favorites with the examiners and got their goods in at low valuations, but it developed that the agents of glove and woolen manufaetprers had the free run of the appraisers’ stores during the Harrison administration. Favorite importers were also frequently invited in to help fix valuations. McKinleyism is not only a fraud and a robbery according to the indictment secured against it last November, but as enforced it is a farce—the farce department enabling a few importers to get a slice of the favoritism intended only for manufacturers and their like. The poor consumer foots all bills for such management or mismanagement. Ho probably will continue to do so and to see his funds misappropriated until ho comes to the conclusion that it is bettor to pay his taxes once out of his pocket, direct to Uncle Sam, rather that to pay them several times by allowing them to be collected- on all the goods he purchases, whereas Uncle Sam only collects what is paid on those Imported; the other and larger portion going to help the manufacturer who agrees to enrich the country by redistributing the funds in some magical way. Republican Blizzard In 1896. The Republicans are risking their all m McKinley and McKinleyism. The American Economist, the organ of the Protective Tariff League, is now devoting its energies to McKinley in Ohio. The last numbers contain many pages of letters from protected manufacturers and Republican statesmen out of jobs, answering tho question, “Why should Gov. McKinley be reelected in Ohio this fall?” As the New York Recorder says, “they are all for McKinley. They are all for his reelection "as Governor, with the hope that he will be the next Presidential standard-bearer of tho Republican party. It is a tribute to a man, but it Is a greater tribute still to tho sound, vital principles of Republicanism." We warn the Republicans not to bank all on McKinley. If tho Democrats of Ohio nominate some clear, honest, frank all-around Democrat—like John- ■ son, Harter or Hurd—one who will receive the support of aggressive Democrats both in and out of Ohio, McKinley will not bo re-elected. Republicans will then have wasted their last match and will bo without lire. Hence they may expect another blizzard in November, 1896. N* Arsanient Airalnst It. Perhaps no ono measure will be so potent in fieelng u* from opr'.esslvo taxation of the past thirty year* a* tho passage ot an income tax. Thl* tax 1* rich', bo * matter of equity »nd good oonoolenoe. When the Federal Income tax was abolished at tbo end ot the war, the tariff wm so laid no tn boar most heavily on the poor. Tho tariff was heaviest on cheap good*. Thn* the poor have tor thirty year* borne an nndno burden ot taxation.—Macon (Go.) Telegnun. These are foots whioh the masses in thia country now fully understand, and which their roprosontatiros should bear in mind in reforming tho laws. During the current discussion n# 1 the
income tax question no argument has been presented against it. Such a tax, in tho opinion of the New York World, Is justified by every principle of equity and political economy. To Trad* or Not to Trad*. One of the exchanges of Tariff Reform is addressed to “Traffic Reform Club, 62 William street." Intentionally or unintentionally, tho editor of this exohange has struck the tariff nail on the head. Traffic, according to Webster, means trade, barter, commerce, exchange. It is to promote all of these that the Reform Club exists. It believes that when an exchange or a trade la made at least two people in this world are better off than they were before the "swap” occurred, each party to the trade having obtained what was of more value to him than what he hod at first. The world is then made richer by every exchange. This is true even though the articles or products exchanged have not been disturbed; they have exchanged owners and are more valuable to their present than to their former possessors. Now, it does not matter where or how far apart the possessors live; one may reside in Ohio and the other in New York, Canada, England, or Madagascar. In any caee, both are benefited by tho exchange. Therefore, says the Reform Club, all tariffs which are levied to obstruct trade and traffic are a curse to mankind as a whole, and should be abolished between countries as between states. If there be no better method found, and a tariff is maintained to raise revenue, let it be one that shall produce the maximum of revenue with the minimum of obstruction to trade, and not vice versa, as at present, under the McKinley regime. The Reform Club has induced the country to accept this view of the matter, much against the wishes of a few thousand manufacturers who have been profiting by the obstructions. A Time for Reason. The situation in Denver should moderate the belligerent talk of Senator Teller and his associates from the silver. States about the desperation with which they will fight the ropeal of the Sherman act. What Colorado, Montana, and Nevada want is something that will make times better, not the maintenance of tho conditions under which they have become as they are. What has the Sherman law done for the silver miners? Let the shattered banks of Denver answer. Times were brighter for the mining industry between 1873 and 1878, when silver had no help whatever from legislation, than they nave ever been since. Every stimulant administered by Congress has proved rank poison. As the huge hoard of silver in the Treasury tas piled up the price has flattened out, and the prospects are that if we keep on heaping up bullion much longer consumers will reach the conclusion that it is not worth while to do any more mining at all. They will work to have . the Government begin to sell out, and when if once enters the market on that side the mines may as well shut down for twenty years.—San Francisco Examiner. _____ To Restore Confidence. With silver purchases stopped, an immediate renewal of foreign investment in American securities might be safely anticipated. Immense sums ot money have been lost in Europe through ventures in South America, Australia and Africa. French, English and German investors have in turn been badly bitten. As there is no country in the world so’prosperous as the United States, so little likely to become involved in civil or foreign wars, or which has shown such magnificent readiness and ability to pay its debts, capitalists naturally turn their eyes hitherward. Once they should feel assured that the principal and interest of the gold which they might lend us woulld be repaid in gold or its equivalent, a full flowing tide of foreign capital would surely again set this way. Every artery of trade would feel the favorable effect of the return of confidence thus brought about.—Philadelphia Record. Specimen Reasoning. As a specimen of high tariff reasoning, take the following from our esteemed protectionist contemporary, tho Evening Bulletin: The failure of 290 national banka since Jan. 1 lea part of the change for which a majority of the white voters declared last fall. In Philadelphia no such change was desired, and her banks are in better condition than those of any other city in the Union. Republicanlam and prosperous times are still synonymous terms. Tho failure of the 200 national banks has been admittedly brought about by a money scare induced by the operation of Republican silver legislation which has been denounced by the Democratic party as “a cowardly makeshift.” The people voted to got rid of tho makeshift last year: but they were not quick enough in getting rid of the party that adopted it. Perhaps if Philadelphia had her vote to recast in the light of recent events she, too, would repudiate the stupid bunglers who compromised the credit of the Government in order to carry an election.—Philadelphia Record. A Prospective Lamb. Before me on a Western road sat two admirable specimens of the genus “hayseed.” They were garrulous old chaps and talked and ehewed tobacco as a school girl chews gum. “I reckon we’ll lose Ben Gross afore lon£,” said one, branching off on a fresh topic. “Eh?" “Yaas—'t won’t, s’prise me a bit es Ben goes to New York an’ speckelates.” "No; you don’t say Ben’s a gittin’ ’e rich’s tnat?” “Wall, I guess he’s ’bout the best fixed man in our place now, since W. F. Simpkins died.” “Ye don’t say? How much d’ye s’pose Ben’s woth now, biled down?” • “Wall, ye kaint jest tell. I know o’ my own sartin knowledge he has over S4O in the bank, and his crop o’ taters ain’t dug yit. They'll bring him in right smart o’ cash.” “Gee whiz!” “Yaas—an’, John Summers owes him $3.75 on that old game of poker yit. He’s slow, but he's good fer it, I guess.” The other was silent for some time, evidently ruminating upon such vast wealth. Then he suddenly inquired: “W’ats he goin’ to monkey with in New York?” “Idunno. Wall street, like es not." —New York Herald. printing on Leather. Some beautiful artistic effects have been secured lately by printing on leather. These are the results of a carefully perfected method of treating the leather after tanning. The skins , are kept free from grease, and, if they are prepared with tannin, must first be steeped in a preparation of sumac. The application of the color can be done in, several frays, according to the effoct it .is desired to produce. It can be done by dyeing the skin and ward treating it with acids in certain parts, so that the natural color of the leather appears, or priming with a preparation composed of virgin wax, four parte; castor oil. four parts; borax and copal resin, each one part; mixed together and warmed. The castor oil may bo replaced by any vegetable or mineral oil.
