Daily Democrat, Volume 2, Number 220, Decatur, Adams County, 26 September 1904 — Page 2

THE DAILY DEMOCRAT. >T»BT ■▼•MISO. »IC«rr BCSDAT. BT LBW ca . ELLINGHAM. ■ •■SCRIPTION RATES. B* Barrier. per week 10c B> aarrler, per yeer $4 00 By m»fl. per month... Zgc By aaail, per year $2.60 l?ngie copier. Two Cents. rates made known on application Bnrerr' In the postofßee at Decatur. Indlaaa. as see< nfl-class mall matter. ». H. HELLER, MtsAßis. POLITICAL CALENDAR. Sept. 27. Pleasant Mills. Judge R. K Erwin, and H. B. Heller. Diehl school house. Kirkland township. David E Smith and Walter L. Thornhill. Sept. 29. Preble School house, Preble township. Judge R. K. Erwin and Jesse M. Kelley. Election School House. French township. David E. Smith and J. C. Moran. Monmonth. Root township, James T. Merryman and S. A M Butcher. Geneva, Judge James D. Ermston, of Anderson. Sept. 30. Monroe. Clark J. Lutz and Dore B. Erwin. Sept. 30. Pole raising 4 miles south of Decatur, and 1- miles east. St. Paul Church 6 o’clock. Speaker, Judge R. K. Erwin, at H. L. Smiths. Oct. 1. Knapp School House, Rr ot Township. D. E. Smith; D. D. Coffee. Oct. 1. Monroeville, Allen county. Judge R. K. Erwin Oct. 4 Salem. Blue Creek township, David E. Smith and J C. Moran _ District No 4 School Hou-e Monroe township, J. T. Merryman and A. P. Beatty. Oct 6, Prairie School House. Blue Creek township. C. J. Lutz and W. L. Thornhill. Oct. 6. Washington Schoo) House, Washington township, D. E. Smith and J. C. Moran. These meetings will begin at seven o’clock, and should be well attended. HE accepts Judge Parker has again spoken

bis letter of acceptance giving a clear and logical emphasis to the issues. It is not an empassioned appeal to glittering generalities or intended for dress parade with brass buttons, but instead is a sober and sensible discussion of poli cies as they are. His assault upon republican extravagance is vigorous. showing that the expenditures of the government has increased from <242,000,000 in to <582,000,0(>0 for ]ast year In this connection he adds This draft ujKtn the revenues of the country has had the effect which might have been anticipated, and now we have presented the reverse of the situation, which led to the famous observation. ‘lt is a condition and not a theory which confronts us;’ for although the present incumbent found at the close of the first fisca year, during which he assumed control of “the administration, a surplus of receipts over expend!tur a of more than 191,600.000. there was an excess of expenditures over receipts at the close of the last fiscal year of 141.000,(60, and the official monthly reports made by the tre isury department show that the exj>enditures are continuously and rapidly increasing while the receipts are diminishing.” An excellent point is made on the decline of American shipping, which in the state one hundred years has declined from eighty per cent to a very*begga rdiy fraction Philipino independsnoe is advocated, as is also a tariff revisiop and a trust restriction. The letter is a commendable document, and demonstrates beyond any preadventure that Judge Parker as president, will never lie curried away from his Constitutional privileges and duties by sentimentalities.

G. O. P. PANICS In his letter of acceptance. Mr. Rosevelt said: “It is but ten years since the last attempt was made by means of lowering the tariff to prevent some people from prospering too much. The attempt, was entirely successful. The tariff of that year (1894) was among the causes which in that year and for some time afterwards effectually prevented anybody from prospering too much and labor from prospering at all.” This statement is in line with the declaration in the republican national platform for 1904 that “a democratic tariff has al ways been followed by business adversity a republican tariff by business prosperity." Neither the statement of Mr. .Roosevelt, nor the declaration in the republican platform is justified by history. As a matter of fact, every panic during the last thirty years originated under republican rule and developed under republican legislation. The gold panics which gave history “black Friday” occurred during the month of September, 1869, when the republican party was in power. Tne great panic marked by the failure of Jay Cook A- Co. occurred in September. 1873. Then the republican party was in power and eleven months prior to the time of that panic, the republican party had been re-elected to power. It is true the Wilson bill was passed ten vears ago. That was in 1894. But that ]>anic did not originate in 1894 it did not originate in 1893 it began iong prior to the presidential election of 1892. That panic originated and reached its worst under that famous tariff law known as the MeKinley bill. The republican party was restored to power March 4, 1889.

Tne McKinley bid became a law October 6. 1890. November 11, 1890, the reports showed financial distress in New York. The New York clearing house associations voted its certificates to banks in need of assistance. Tne Boston clearing house association did the same thing November 17. Parker Bros. Co., big bankers in Philadelphia, suspended at that time, with liabilities placed at 5.000,000. November 19, 1890, there was a ■ run on the Citizens' Savings bank iof New York, and a receiver war app >inted for the North River bank November 22, 1890, the United Rolling Stock company of Chicago i assigned with liabilities at, *6.851,*60. November 28, 1890, B K Jamieson & Co., the Philadelphia bunkers, failed, with liabilities at *23,060,000. December 6. 1890, the Oliver iron . and steel mills of Pittsburg shut down, discharging 2,000 employes. : On the same date the cotton firm of , Myer de Co., of New Qrjeans, failed. with liabilities at *2,000,000 January 3, 1891, the Scottdale ‘ rolling mills and pike works and the Charlotte furnace and coke works in Pennsylvania closed, throwing 10,000 employes out of work. January 18, 1891. the American National bank at Kansas City suspended. with liabilities at *2,250,000. May 8, 1891, the Spring Garden National bank at Philadelphaia closed its doors, and the Pennsylvania Safe Dejxjsit and Trust com--1 ]>any made an assignment. The Homestead strike and other strikes during 1892 are well remembered by the people Grover Cleveland was inaugurated March 4, 1893. In May 1893, 8. E White and others suspended in New York. The Chemical bunk of Chicago and its branches suspended. Other failures followed and finally the famous raids on the United States treasury were made. January 17, 1894, the Cleveland administration ordered a *50.000,00 bond issue. August 1, 1894, the Wilson tariff law went into effect. It is admitted hy everyone familar with the facts that President Harrison's administration had plates prepared for the bonds and Mr. Harrison's secretary of the treasury made a visit to New York for the purpose of negotiating the bond deal. He was wired by Mr Harrison to return to Washington Mr. Harrison suid that he had concluded not to have any bond issues under his administration and in order to avoid the stigma the Harrison administration warded off thol ; bond issue and unloaded it on the I .incoming Cleveland administration. J It will be observed that the

| Cleveland administration ordered | I the <50,000,000 bond issue January 1 17, 1894, . That was seven months ! before the Wilson bill became a law. Perhaps it is not significant, ! but in view of Mr. Roosevelts claim, it is at least interesting, that j the first indications of the panic occurred Nov. 11, 1890, a little more 1 than 30 days after the McKinley tariff bill became a law. From ' that date the panic raged, and while its effects were felt for several years, it reached its worst stage in 1893 and during the early days ol 1894.’during all .of which time the McKinley tariff law was in t fleet. It may not be out of place to point out that when the demo- i cratio administration surrendered the reins of government, Match 4, 1889, there was in the federal treaury the largest surplus in history. When.the republican jiarty went out of power. March 4, 1893, there was a large deficit and the incoming administration was finally persuaded to make the bond issues which its republican predecessor had a, one time thought to be neccessary. but had skillfully avoided. —Bryan’s Commoner. There is not a sentence in the i republican platform recommending a reduction in the expenditures of the government not a line suggesting that the increase in the cost of the war department from <34,000.000 in 1886 to <115,000,000 in 1904, should be inquired into ; and not a paragraph calling for a thorough investigation of those departments of the gvernment in which dishon | esty has been recently disclosed. ! Reform in expenditures must be had in the civil, military and naval 1 establishments in order that the i national expenditures may be j brought to a basis of peace and the I government maintained without ■ recourse to the taxes of war.— I Judge Parker's letter of acceptance. Wait for the big suit and cloak opening. Exclusive styles; medium price. Wait for it. Niblick & Co. For Sale—Good general purpose horse. Enquire of George Zimmerman. 218d12 Cravenet raincoats for wet and dry weather at Gus Rosen thals. 217d3 .

RUN NO RISK . , T . These Cool I Nights . and ’ J Mornings ' • • _ _ 7 Get one of our Well- ; | Made, Dressy and j < H Durable fe Overcoats and be comfortable. I PRICES — k MSifc 55,00 to $25,00 1904 «v vwr MICHAELS-STERN \ F** V HNECLOTHING J MICMMIB, A CO ■OtMCBTIW N. Y There is nothing better on the flKr I© Market . when considering HjVM®J PRICE, MAKE J J QUALITY. Wl Take a look at them which means con- 4jj JUs* vincing you. Gus Rosentha 1, £ DECATUR : : : INDIANA.

IwilY? Come and See Why! " <1 __ ’’f' Men find our suits so much oetter than /jgte Will. others sell for the same price. JSWI, \Y7M\O We always hold our old customers Will; and are constantly winning new ones. /A TVrr TWN Mothers bring their boys here / U \a/ H Y r to fit them in the Newest and AM ♦ most Durable suits. j Come in and learn about these and other \\ H\S! OUR NEW L/ flf" FALL AND WINTER SUITS AND & / OVERCOAT stock is now complete ar and ready for your inspection. UNDERWEAR Fleeced-lined, Derby Ribbed, XX 9 X. Jersey Ribbed, in White, Cream Color, Pink I """ **j and Orange—Wool or Cotton—At All Prices. IELZEY&VANGEI I CORNER EAST COI RT FWCSE DEC4TCR. ISDIASJ I ' - " "I

BUSINESS MENTION For Sale—Grapes, in any quan-)l tity. Julius Haugk. I Waim overcoats for cool winds at I Gus Rosenthal's. 217d3 | (trades nigher—prices lower. At Gus Rosenthal's. 217d3 Wanted—Messenger boy at the telephone exchange. F M Schirmeyer, Secretary Hand-tailored clothes for your best suit at Gus Rosenthal's mn Fall suits n great variety at Gus I . Rc ß entha’i's. 217p3 |

pibo girls! WANTED We need help and 100 girls can secure imployment operating machines and attending to other work. Enquire at once.

Waring Mitten Factory

Additional Locals. Ltf ' agcr left ou his regular trip ibis tnotning. Amos Gillig made a business trip io Geneva this morning. Charles Ernst made a business trip to Geneva this morning. S. G. Sheller returned today from a business trip at Ohio City. Mr. and Mrs. Lase Ellis are visiting with relatives st Ked Key. Miss Meyers went to Briant to make a short viist with friends. Mason McLean, of Chicago, was in our city yesterday the guest of Lis mother. Roy Braden .of Warren was in our city yesterday the guest of Miss Z-lla Stu Its Mrs Harkless returned to Berne, after a visit here with Mrs. Oscar Jones. Mr. and Mrs. Plough, of Marion, spent Sunday here with Mr and Mis. Sam Shamp. George Brewster, of Berne. was in our city attending a meeting of the fair association. Mr. and Mrs. John Malotte returned today from Keystone where they were visiting with their daugh ter. Mr. and Mrs. Sunday returned to Geneva, this morning. They were here attending the funeral of Mrs Eaton. Miss Anna Walsh. of Newport, Kv.. ami Miss Stella Wemhoff, of Fort Wivne are in cur city the gusst of Mr and Mrs. Barney Wemhoff Miss Lena Appleman. daughter of Mr. and Mrs. Andrew Appleman is reported ns being very low with typhoid fever and fears for her , P . <overy aie entertained.

Sam Kuntz, of Berne, wa< a ' caller here today. W, H. Niblick made a visit to Geneva today. lather Wilkins made a business trip to Lafavette today. Jacob Brenneman, of Berne, was a busness caller here today George Maddy is at Manon, today on business pertaining to Place A Co. Jacob Butcher, of Geneva, was attending to legal business her ■ today. S. A. M. Butcher, of Geneva, was attending to legal business here today. David Ritnour returned today from Portland where he spent Sunday with his family. Mrs. Nancy Meriss ha« returrsd to Pern, after visiting here with Mrs. Peter Vine. Judge Smith returned to Portland, after acting in the capacity of special judge here. Mrs. Echert and daughter returned to Kokomo,today, after a pleasant visit with relatives near Magley. A. Wahl and L. Detterman, of Ctociunati, Ohio, are visiting B. J. Ferveer and family for a few days. Go to True's for your fall underwear All kinds—last years prices. Lost—-A bundle of clothes somewhere between Ossian and Decatur. Finder return to this office and receive reward. You will not go wrong if you buy vonr fall under wear at True’s. For Rale — Cook stove, good as cheap. Enquire of Mrs. Harvey Hart. South Sixth street. 21<"d4 Time to look for your fail underwear. See True,s line.