Daily Greencastle Banner and Times, Greencastle, Putnam County, 14 August 1896 — Page 4
MONEY OFREDEMPTION the world's standard coin for the Bettis-
THE TRUE MEANING OF THE NEW meut 0 f intoruational biUs and balaueos PHRASE CLEARLY DEFINED. has kept pace both with the wood's «•- popolation und intornational tnvde, when
thk* incruased facilitlos for trade are con-
An Argument Itnenri on Solid Fart* In sidenHi. If thu people ^ Oppoaltlon to the Spec.ou. Tt>earl<-« Ad- to be misled, by X vocuted by < •*.,. ip lou, of Free Coin.*, r ^yo t^C.mUt^y monometal- °» silver. | liam by tho fro,, coinage roitd which
j [By John B. Conner, of The Indiana Farnsur.] Most persons understand the imi>ortance of having a coin equally g<x)d in j every commercial country in the world, as balances in trade between nations [ have to be paid with it. To make ow ! other forms of money obligations good outside of our own country, we recognize the ueceasity for a sound basis held alike by other nations. This fortifies us
Mexico traveled, then we shall see the “appreciation of gold,” for it will to a premium as it did in Mexico. The free coinage silver people are demanding the only possible thing that can “appreciate gold.” And not half the worst result will be that of being compelled still to pay balances of trade abroad in gold, though we have to go into the
market and buy it.
Although not a necessary part of the discussion of the topic in hand, yet I
in trade relations, though in good pros- am tempted U) SUK(<1 . rir that the way to | perous times we have smaller need for | k( , ep up tho lurK0 balances of internai this money held good by all nations i tional trade in our favor is to so adjust
The Governor of North Carolina said to the Governor of South Carolina
i alike. But If we did not have it at a basis at other times, trade raids would ; be made on us by people of other nations which would wreekjour industries, j To illustrate: We have to use our war ] Ships only once in a great while, but we i have to keep warships, and the fact that | wo keep them is a warning to all comers that we are ready We put miliums Into coast defenses, but we seldom have to use onr coast guns, as the world knows they are there. The standing ! army is likewise a precaution for the | j common defense, but is little used. And so the knowledge of the commercial j world that we have a basis of trade good the world over, is a defense of our commerce and industry, and yet in prosperI ous times we have to use but little of
I this world-standard money.
We have, as shown by the official j statement of the secretary of the rivasj ury in round numbers $(500,000,000 of
Cushman’s
MENTHOL INHALER
Cures all troubles of the
lleait and Throat.
CATARRH, HEADACHE, NEURALGIA. LiGRIPPE.
WILL CURE sneeaiuK. s^nf!
Health und
You. nrtt Inhalation NtOpfl
i —
’ tinned use effects
srKF (THE.
ENDORSED {& highest medical au-
«Y ^ thorttiee of Ruropt V'V Am * ri ££ for fVv, COLDS,Bore Throat
Hay Fever, Hronchltia, La URIPPB. Tli* most Refreshing and Ifeaithnil aid to HEAD \CHB Sufferlew». Cures Insomnia
thl
ImitatmnA. Take <inly O Drug^tata, or toalled fW*«
ulucce wumierful cure* of
Old Sc
Horoa, els nit
our duties on imports as to manufacture at homo from tho raw materials the Almighty has planted here, to the extent of our hocus, and not import them. This would both reduce tho need of •‘money of tlnal redemption” in International trade, and make us more inde-
pendent and prosperous.
ANAPPEALTOREAS0N
MENTHOL BALM
Cuts, Wounds Burns Frostbites Excel ntlier remedie,. for T-IL.KS Price 26c. at iMugglAls. r.. .ok on Menthol free. Add new Cuebman Manufacturina Co.. No. 324 Dea^o^ I S? reet - alum, n ftullato^j, CHICAGO. « V1MKNNTW, IhB.
B. F. JOS^blN lluud t-s the [niftiest (trade llra/.il Block
Econo-
®®tler tk Met
wm
^BATTLE AX” is the most tobacco, of the best quality, for the least money. Large quantities reduce the cost of manufacture, the result going to the consumer in the shape of a larger piece, for less money, than was ever before possible.
ANDY SCHAFFER AND JACOB SCHUCK
WAGE EARNERS CANNOT AFFORD TO ENCOURAGE FREE SILVER. ••If Fifty Cents Will Buy as Much Dollar, What Is the I'se of Making Fltty Cents Into a Dollar’*—A Flalu Sermon For Thoughtful Minds.
[Baltimore Sun (Dem.ll
Tho San has always tried to be and has been the paper of what Mr. Lincoln called the plain people—the people who constitute the bone and sinew of the country in peace, and who, in time of war, stand in the ranks and pay with their bodies. For this reason The San has, through its long career, opposed persons and political parties who endeavor in nation, state and municipality, to use the government for class or indi-
vidual emolument. *
The Ban cannot see that those conditions are to any largo extent the product of the demonetization of silver in 1878,
MVJ m
tir. Martin’s Nervine Coff bitediLSTSdi'l'tl’it’ivec'SStSr ry enfleo " roftsB p xiit'nst. i anple, making 25 CU j, AND EAT Royal Breakfa Food r DK.MABTI^^ p ^ tlkhart, ludluna, Sold% FOR SALE BY T. ABRAMS, W H. HARRISON BROADSTREET 4 so
I
and the Best Pittsburgh an Anthracite vard opposite VantlalU freight offlee
TljeParisEQode
AND
DRESS CUTTING SEWING SCHOOL
gold in this country as the basis of geld certificates, and greenback paper obligations to the amount of $-l2o,24fi,010. Under the pledge of a law of congress to keep our currency all at a parity with gold, the government keeps a gold reserve of $100,000,000 as n redemption basis for tho $04(5,081,01(1 of greenbacks. That is a little over three dollars to one. Turning to our more domestic currency, we Hud from tho treasury statement
that we have coined silver which is a , 4 . . „ . . „ „ _ . , K173.^ Kd r ' up,) 11' 1 1his' U rede 1a^rden ; . °.Ll*! 0 DfCSS Cultill^ SCWIH^ ScllOOl
(if New York City, has opened a
Local fimetard
iilG KOL'H. GOING KAST '
No. «r to ( in.. V l. \ No. ft IndlanapoliH \, ,m
No. 32, Sunday Indianapuli-
41 Indlunapous Flyer a- Indianapolis Act-'m ... 1H- Oln., N. Y. A- Boston
OOINU WF.ST
No. 86* Bt. [, Night Limit.<1
No. 91. L Act m
No. 11* Si I Da) Llmiled
No • r >f Mattoon Limited "
No. Ilf Terrs Haute Aec'in
No. 211. Sunday Mattoon Liniitel ,j| * Daily t Daily Kvceut Senda) i No. 2. count els at Indianapo - • f nati and Michigan ill\i~.,.Ti. ( with I. K. Jk \V. and wun train- (dt j
and ( htcHgo.
No, D. eonmeU ai Bel 1 (nine for Toledo and Detroit. So, lieliefoiitai ie for Sandusket.
f V Hif.stis.aJ
THE FAVORITE
contrary, it can but believe that the remonetization of silver on the ratio proposed will aggravate rather than mitigate tho evils on which we have fallen,
of tinal redemption," it would appear! . Conceding ftw the argument all that that rln harden of “fintkl clalnied by the SllvOFltoS us to the ef-
fect of the "crime of 1873 in demono-
mouey are tho silver certificates, and other currency obligations amounting to $(502,407,004. As this paper is payable in silver as "money
Jolt and Cyclone Proof. T h .® Pathlight 5 They who ride must see the ♦ road. The Pathlight makes X bright the way. All dealers z sellit. The Place & Terry 4 Mf g. Co., 247 Centre St., N.Y• ♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦J
ItiK Four tCxciirHioHii. \V 1 itona Lake, Ind., daily July and Aiign-tt, return 15 tiays from date of sale, $l.‘d0. To western, southern and northwestern states. Aug, 17 18. .11, and Sept. 1st. One fare plus two dollars. Bethany Park July 21 to Aug. Ill, return Aug. 22. $1.85. Aug. 22. 23 and 24, Cleveland, O., return Aug. 31, *3.15. Home-seekers excursions south Aug. 3, 4. 17, 18, 31, one fare plus *2. Terre Haute Aug. 10 to 14th, return limit 15, *1.05. <'olutnbus, Ind.. Aug. 21 and 25, return limit Aug. 2(5. *2.70 Cleveland Aug. 11 to Sept. !(, return limit four days, $9.45. Terre Haute Aug. 14 and 15 acot. “Last Hays of I’oiupei” return Id,*1.05. Milwaukee, \Vis., Aug. 23 and 24 via Chicago and rail *7.90. Via Chicago and boat $<5.85. Return limit August 30. Binghampt.on, N. Y.. Aug. 17 and 18 ncet. Womans Veteran Relief l uioii return 22. $17.20. Omaha, Neb. Aug. 17 and 18 aect. Y . 1’. C. I’., return limit Sept. 14, *1(5.75. P. Ucrstis. Agent.
To#iav*8 i^orai mitrlcetfi.
! Furnished the Daily Bannkk Timks dailvbv R.W. Alien, manager of Arthm
Jordan's poultry house.’
Hens. 1 Springs,2 lb and over.. H Cocas - Turkey tuns. tlja Turkey,old toms 4 Turkeys, young 12pds.anu over choice fat 5H Geese, f. f. over 4
Ducks
Eggs, fresh subject to handling Butter, good
f-'.at Dr- Vlartlu’a itoyul liteukliist Food II IHcuneft the Palate. The nerve and brain invigorating properties separated from ehoice wheat. Well people like it and sick can eat it, when nothing else will agree. (Quiets nerves, helps digestion, cures constipation. children and infans thrive 011 it. 2 b package, 15 cents. Drink Dr. Martin’s Nervine Codec. I’urely cereal gluten and vegetable. Very pleasant and healthful for table use. 1 lb 20 cents. C. S. Ainsworth, Indianapolis, l no., writes: “I have been greatly •affiicteil with stomach trouble, and find your food and coffee the best I have ever used” Sold by grocers. 2. For Sale by T. Ahrams, W. II. Harrisou, Broadstivet A Sou.
Ot MarttiiHville, Inti., HtiCOiiini*»n<I W imhis Celery CapHule*. Maktinsvillk, Ind., May 28. 1890. To toe Wright Medical Co., Columbus,
Ohio.
Gi sts—I have purchased a box of Wright’s Celery Capsules from W. B. Tarleton, druggist, and used them for indigestion, stomach trouble and constipation. I have been greatly liene-
fitted, 111 fact almost cured with one box. li is the beat medicine without. w hat it moans
exception that 1 have used for my trou-
bles. Yours very truly,
Andy Schafikk.
M wtTiNsvn.i.K, Ind, May 18, 189(1. To tin-Wright Medical Co., Columbus.
Ohio.
Gk.xts—I have purchased a box of Wright’s Celery Capsules from W. B. Tarleton, druggist, and used them for indigestion and constipation. I was greatly benetitted by using them and wmld not be without them. Very truly yours, Jacob SchuCk.
that the burden of "final redumption' is both fairly distributed and in largo
abundant a.
Now keeping these things in mind, consider some of the favorite expressions of our free coinage of silver friends, viz: That gold has appreciated in value because it has been made the only "money of redemption," Another form of expressing the same idoa with them is, that gold has appreciated in value because it is “the only money of final redemption." These are new applications of plain enough words. Let us get right at the meaning of the word “redemption," and 111 this way find what it moans. The standard dictionaries give these definitions: “The liberation of an estate from a mortgage;” anti again. “Making payment." So, when a mortgage is paid off, that is final rodemption of the promise to pay it. “Making payment” of any otbiT obligation, such as taxes, store bills, notes given in the purchase of horses, or cattle, or harvesters, plows or anything else, is "final redemption" of the obligations. The money used in the payment of the mortgage notes, and ail of the other obligations to pay was “money of redemption," nr if you please, "money of final redemption" ""
tizing silver, and that its remonetization will bring silver at the ratio of 16 to 1 to a parity with gold, where is the benefit to the salaried man and tho wageearner in town or country? Conceding that prices will then be advanced, is there any advantage In this to these classes? Are they not interested in low prices and not in high prices? Is not the same to almost an equal degree true of the farmer? The use of money is to Iray. If 50 cents will buy as much as $1, what is the use of making tho 50 cents into #1? W 0 are now looking at the economic effect of such legislation on the laboring man, and we confess we cannot see how any wage-earner or salaried man can discover any good for himself in the remonetization of silver at 10 to 1. Wo cannot see this If all follows that its friends claim will follow. But suppose it does not, and we believe it will not. Then wages and salaries will be paid in depreciated money, and by nie enhancement of prices the purchasing jower of these depreciated wages M ill
Which will be under the inaimifeinent of cuttern of the highest reputation, not on'v us skilled workmen, but us teachers capable of properly imparting their knowledgeta others.
SPECIAL ATTEN i ION
Given apprentice $rirls ««d brjjilnne. *. Vnyone who is apt can be fitted lo do t beir own woik or for others in ''rum fot; v o*ix weeks. Those wishing to tit theirse'ves a nud-class cutters or for ladies in large es .duishuients will receive private inslrtieiions. Open evenings for those who tan no, conn* o i/ing the day Good teachers wain ed to tdKecluiige of schools. I .tidies living in thecouncy ae invited to call and see our work and • H ' tiie school. Hayne lUock, 1st stairway east rf \o.
<i>)lmnsvini,NcwAi8»m DbmI^q
The direct Line btlwerD
£0
further reduced. We can see no othor result for the wage-earner and
salaried man.
An artificial stimulus to business
Michigan City Excursion. On Saturday August 15, the Motion route will run another low rate excursion from Grccncastle, "T-ifield •iml intermediate points to Michigan City. Special train leaves Grccncastle at 6 o’clock a. in., arrives at Michigan City at noon. Fare for the round trip only *1.50. There will be ample room for all. Each coach will he provided with plenty <>f ice water and a good cornet band will accompany the excursion. J. A. Michakl, Agt.
far as the payment of these obligations f ru,a apparent rise in prices followworo concerned. Hus anyone refused * n f ? uo * 1 legislation would work itself
out in a short time. Whan prices have
Yaiidiilla Katea. Eagle Lake, Indiana, tickets on sale every day until Sept, 550, return limit Oct. 31st, fare *6.45. Tickets limited to 15 days will be sold at rate of *4.99. These tickets will be on sale until Aug.
31st.
to receive silver, or greenbacks, or national bunk notes, or treasury notes, or silver certificates in payment of any of these domestic obligations? No, none have refused silver, for silver dollars are a legal tender for auy amount and at a parity with gold, and so are greenbacks; and all other forms of our money are at a parity with gold and there is no motive for refusing auy of thorn as “money of final redemption” in all these transactions. All such debts are finally redeemed, paid off, and tho payers do not have to use a dollar of gold. | nor jwy an additional cent when using our other forms of money. And it is | all “final." The debts will never rise up to plague the debt- ir again while he Uvea, nor stand against his estate when
| he is (load.
Now, our domestic trade amounts I to $30,000,000,000 annually, and any
all forms of
i and all forms of onr money are
The Vandalia line will run a series of J received as "money of final redemp-Home-eekers excu-sions to points in tion" for every dollar of the 30,090,the west, south, southwest and north- h AU ^ ^wv Vnl ? m "
J of obligations stays paid whether silver
west, at lo* rates, and on various dates I paper was used in payment, and not during August, Septuiber and October, a cent more is required to pay it all be-
To Omaha, Neb., August 14 and 15, return limit August 25. Fare *16.75. Account Young People's Ohristian Union. To Bethany Park. Ind.. July 21st to Aug. 19th, return limit. Aug. 22(1, fare
*1.85.
To Terre Haute August Handle, return limit Aug. 16. Fare *1.05 tied, j Paine’s Last Days of Pompeii. To Cleveland, Ohio, Aug. 22, 2.1 ai d 2!rh. reTitn limit Aug. 24. Fare $9.45. I Account Knights of PyJiias Ureform I
Rank.
To Indianapolis, Sept. 14. 15, 16. 17th,' of fl " ul redemption" in foreign trims. . ^ actions is our wheat, anil pork, and Isth and 1 ih. iptui.i limit 8>ept. -0, [ai-q, and beef and the other things exfare $1.20. Account Indiana State l air. 1 ported, because life is more desirable
than gold—the latter cannot be oaten, but the other things can To illustrate
cause silver and paper instead of gold is
used in payment.
But the smaller volume of the obligations of the people of this country, those made payable to people of other nations, as well as the interest on the bonds of the government held abroad, have to be paid in gold. But all these are insignificant in amount when compared with the $30,000,000,000 of home or doiueitic trade transaetiou, in which not a dollar of gold is required, as has been shown. Indeed, when our exports exceed all of our imports in amount sufficient to pay all of these personal and government obligations abroad, then not a dollar of gold has to be used, for in such years our "money
N OTI C E=. As we went our way down Jackson street south from court house square we notice a Doctor’s sign on the nortli end idtiek owLed by Mr. -i. P. Hill. The sign states that the Doctor treats all delicate and private diseases confidentially. lie lias a long experience in the
treatment of the
EYES AND EARS,
diseasesofthe liver and DIGESTIVE ORGANS
The Doctor lias made a specialty for
t weuty years of
- - - FEMALE WEAKNESSES - - - A ml all ailments pertaining to their sex lie guarantee- all he undertakes to cure Will positively not undertake a ease unless he feels sure of making a cure. < barges are low in all cases. Call on
the Doctor as
CONSULTATION IS FREE. A small charge is made in some cases where instruments are required for examination. Office hours from 9 o’clock a. m to 8 o’clock p. in. Convenient rooms up stairs in block above stated. Ladies may rely on receiving gentlemanly treatment.
.MW,
LOUISVILLE! And all pointNORTH AM) SOU The only lint* to the fsniouilieaj resorts, U/est Bad<?9 ai)d Frei^ei? Liol(8priJ The Carlsbad of America. 1 Pullman Equipment. FRANK J. REED, (5.1’. A,.Cl TIME CARD JULY 1ST, 1696:
been adjusted to tho new money this stimulus would cease to exist and the situation would be wages not raised or. if raised, not ruteahly raised, and their purchasing power diminished. For the wage-earner this is all that we can see in tho remonetization of silver at 16 to 1. Believing this, we believe that we stand by the plain people when we resist this remonetization, and all the statistics and figures alxmt the quantity of gold and silver in the world and the quantity of currency needed in this country do not conceal from our view this plain result of the remonetization
of silver at 16 to 1.
Turning to the moral aspects of the question we believe that all men everywhere. and the plain people especially, are interested in the maintenance of the right. Here, twain, if wo concede that the "crime of 1873” was an immoral act in imposing on debtors hardens greater than they had assumed, how does the remonetization of silver and the cheapening of money at this time correct that act? That was nearly a generation ago. Most of the persons who participated In
that "crime" are now dead. Senator »"iiv!lle, Illinois. TosnJ frem (JuInry. iiTs,, Stewart is one of the few survivors. The i_“ n . 1 !. 1 .!”. 1 ! u "' 1 Keokuk, In .without leuv-
liidiana. IliTalur and Western Hailway
-8HOKT L1NF, EAST ami WEST—
Indi
A direct and short line between
anapolis and St. Louis.
Daily Through Sleeping and Parlor
Car Service.
The ONLY LINERunmng l ltrough Sleeping Mini Iteelining rimlr Curs Between ( liieinimtl Intliunupolis. Decatur, Springfield, ami Jack-
To St. Paul, Minn., August 30 and 31.
debtors and creditors of that day are not tho debtors and creditors of today The vast mass of private obligations now existing have been incurred since that time, and indeed, within a few years. The oorporation, national, state and municipal bonds then outstanding have, to an incalculable extent, passed Into the hands of new purchasers, who paid (told value for them, anti those Since issued have been purchased at
gold values.
Is it not crude and immoral and an act of bad faith to legislate for the payment of all debts in depreciated money? If, as some silvorites contend, money will not be depreciated by remonetization of silver at 16 to 1, the debtor and creditor will stand in the same position they did before, and, so faros their relations are concerned, this whole agitation and the proposed legislation are for
ins Die train.
(It'll
JNO. S. LAZARUS, i’nss Arent Indianapolis.
Wanted—Prompt and faithful gentlemen or lady to travel for reliable established house in Indiana. Salary *780, [laying *1.> weekly and expenses. Situation permanent. References. Enclose self-ad dressed stamped envelope. H. I.. Hess, Pres., 356 Dearborn street, Chicago. 253-1 It.
Pare *11.50 for round trip, account
(5. A. R. encampment. J. S. Dowling. Agent.
and Sept. 1st, extreme limit Kept. 30. (;},,, ypm- [879, or any t ther ! nothing. We are to go through the fire
when our exixirts greatly exceeded our un *J come out where we went in. imports. In 1879 our foreign trade was j T" seethe Democratic party in its very large, and yet our exports exceeded platform abandon the cause of tho plain
man, the salaried man and the wageearner and abandon the cause of individual, corporate, national, state and municipal good faith is a source of unmeasured regret to The Sun But The
deterred by this or any-
The Banner Times For Letter Heads. The Bannkk Times For Legal Blanks. The Banner Times
For Sale Bills anti Posters.
The Banner Times
For all kind-of job printing a lowest prices ff
1 or Job Printing see
Pile Banner Times, printers
our imports by $264,691,666. And so we needed no gold as "money of final redemption" that year even in our foreign trade. It is a good thing, however, to keep some gold on hand, us occasionally (for instance in the last thn'e or
four years) it is needed.
And so it is seen that we have "money of final rodemption,” ail equal in
eg:
Sun will not be
thing else from advocating what it believes to he for the general public good. It will continue to stand by the
value with gold, to do nearly all the plain man, the salaried man. the wagt
llt-lj) Wanted—Male. Wanted—Solicitors for life of Major McKinley, the next president, by 'di rut Halstead, t’hauncey Depcw, loraker John Sherman and Mark ILimm. with biography of Hobart, i nntains -peeches and platform. A bonanza for agents, a gold mine for worker.-. Only $1.50. The only nuthized book, 50 per cent. Credit given, freight paid. Outfit fret*. Begin now with choice of territory. Permanent profitable work for ’96. Address. The National Book Concern, Star Building. * olcago. 241—30t.
Sutrieribe for the Banner Times
business of the country with, and there fore that tho “burdcuof final payment” is not all unloadod on gold, ana for those very plain reasons there U:i- been 'inthtoir (o onuse the “annroeiat.imi of
earners and the farmer, even to the extent of fighting what it believes to be his delusions. It will try to protect him
from himself os well
enemies.
XOKI11 B"t'.M».
1:.
No. 4,* Chicago Mail
No. 6,- •• I xpresj U No. 14,t Local Freight .. H
sorrn iim xi.
No. 3,* Southern Mail... -■ No. 5,* " Express MiNo. 13.- Local Freight * Daily. + Daily except Sundt J. A. MICHAEL,M
VANDALIA UN rraiits leave •jrt'vneastie. Inn in
2, 1H9II.
fob thk west
, ... 12:‘.’( n «, for J 1
No T Daily No 15 Daily. No 5 Daily No 21 Dailj No II Ex. >un No 11 Dally .
a d'. ix. ■
... .s;:lia in.for'' “ . (ah.’) a m, f°r“ “'i
1:40 pm. for’’J®
5:1s p m.foil*"!
S:<9 p ni. forot. L*> rt)R THE EAST
B, D.YO* J SI
No rt Daily .L L.Wft m. for
i n H:45 a m
12:15 Noon
No l Daily Ex sun’ No 12 Dally •• >
No 20 Daily 1:10 pm. No S Daily HiT-pm, No 2 Daily ,« :l «
I*Edit IA 91' NO.'
I(care Terre Haute’. , ()r rt
n;:^ Kx '-''
For complete iiine card, and stations, and : '>r fUl l |,f
rales, through cars. p, f ^ po^EHO.
THE I. D. St W. 25 MILES THE SHOR^ 5 route BETWEEN InJianafolis anJ ^ The only line running Cars between Uineinati ^ viile. 111., without »hangt D. and Wabash, passing ['‘' Y trains with [lerfeet east and west. ;'....vtroiJ Frt. and Tkt. Agent. I> ’'* time T.U1LBNO, WKS : * S’ I ff®:*' 1 nC::! No. II UKial.TiNDt inNo 15 Daily.12:50p- m. i . Nos. Sand 4 run daily- ‘ . d «r3iiT^
ir gionf*
Wanted-fln Idea
as from his other '
22i B, i.J; a V 1 !L Rt4, A n * c ;-/ or th ** ,r prlM offer ’ aimI lUt of two Uuutired IuvouUoum wauUKl-