Democratic Sentinel, Volume 22, Number 43, Rensselaer, Jasper County, 5 November 1898 — Page 1

IP It. MOORE , The careful 3ro S4O Years Constant Practice, Treats with remaknb -« ce*< ibe| $ Lungs, Heart, "tomach, Nose, Throat, Ev, •*'’ ’ ® Bladder, Hemorrhoids, Epilepsy, Care r <• ;c-< a-*--r| Office Hours—9 to 12 a. m. 2t 5, -oo |>. m |

Volume xxii

Frank Foltz. Charles G. Bpiue Harfy R.Kurrie. FOLTZ, SPITLER & KUBBIE, (Successors to Thompson & Bro.) Lw>lWs,lmdbtracts li Lout sar Only set of Abstract Books in the County. RENSSELAER, • - IMDIAMA. 'liiioiiFl MU, attorneys-at-law, XENSBBLAEB, ... INDIANA. >sr Office second floor of Leopold’s Block, cornei Washington and Vanßensgelaer sheets. Pactice in *ll the aonrts. putchaso, and leas© real estate. Attofßoys for Rensselaer 8., L. & 8 A*sociation at.d Rensselaer Water, Light and Power Company. / C. W. Hanley. J- J - Bunt Hanley «fc Hunt, Law 'Realty, Insurance, Abstracts and Loans, Rooms 5 and 6 Forsythe Block, Rensselaer, Indiana, Wm. B. Austin, LAWYER AND INVESTMENT BROKER, ATTORNEY FOR THE L N A & C, Ry.. AND Rensselaer W L &P. Company. ear Office < ver Chicago Bargain Store. Rensselaer - - - Indiana Janies W. IJontliitj, Attorney-at-Law & Notary Public. *ar Office, front loom up-staiis over. Fendig’s store, Rensselaer, Indiana li- s. Dwigglns, COVN-ffiTLOR-AT-LAW. RENSSELAER, INDIANA. I have recovered my health and a> ain enieied upon the practice of law. Call and see me. Office in Makeever’s bank building. Charles JE. Mills, ATTORNEY-AT-LAW, Rensselaer, Indiana, ensions, Collections and Real Estate. Abstracts carefully prepared, Titles examined. laTFajm lo .ins negotiated at lowest rates. Office up stairs in Odd Fellows’ Hall.

Ira W. Yeoman, Atlorney-at Law, Real Estate and Col lecting Agent, Remington, Ind. I. B. Washburn. E. C. English. Washburn & English whvsiciaus & Surgecus Rensselaer Ind. Da Washburn will give special attention to diseasesof Eye, Ear, Nose, Throat ,nd Chionlc Diseases. Dr. English will give special attention o surgery in all departments, and Gen ilifl Medicim s. Office in L"opold s Corner Block, ovei Ellis & Murray’s. Telephone 48. >?' W Hartsell, M. Uomccopatliic 1 lijsirian A Surgcou. Rensselaer, ,Ind. S® Jhronic’Diseases a Specialty. w Office in Makeever’s New Block.

John Makeeveu, Jay Williams, President. Cashier. Bank; Rensselaer, Indiana, Repoeive Deposits, Buy and Sell ExcH&iflp, Collections made and promptly wmKwd. HUGH L. GAMBLE, City Engineer, Maps and Blue Prints OF du nt mm LAND DRAINAGE, Map Work and Platting a bpecialty Rensselaer Ind. Office, Boom No. 7, Forsythe Building E B j. F. BRUNER, Proprietor. The only Hotel in the City with Office And Sample Rooms on First Floor. O'Rates $2 00 per Day. Have 'nr own Bus for the conveyance of passengers to and from trains. J. W. Horton, Dentist. All diseases of lee h and Gums caretaUv treated. Filling and Crowns a spe jialtry. Office over Post Office, Roussel Wi, Ind ana A.. J. IGHT, Jpainter —AND— Paper Hanger. the Best work done. ATItp’ACTION GUARANT’D! Rensselaer. Indiana

Undertaker t embilmeß Rknsbzlaeb - - IWDunt Calls promptly responded to day or night.

Addison Parkison President Geo. K. Hollingsworth, Vice President. Emmet I. HoLLiNGSWfSTH, Cashier. THE (?OM MERGML J?/MTE OF RENSSELAER, IND. Directors: Addison Parkison, James T. Randle, John M. V asson, Geo. K. Hollingsworth and Emmet L. HoUingswerth. This bank is prepared to trans act a general Banking Business. Interest allowed on time deposits. Money loaned and good notes bought at current rates of interest. A share of your patronage is solicited. 49" At the old stand of the Citizens’Stateßank

ALFJIoCOI, T. J. MeCOT. 4. K. HOPKUS, President. Cashier. Ass’t Cashier A.. McCoy & Co.’s B>IS, . RENSSE AER * - IND. m est Min Jasper Conpiy ESTABLISHED 1854. Transacts a General Banking Bu ness, Buys Notes and Loans Money on Leng or Short Time on Personal or Re 4 Estate Security. Fair and Libera] Treatment is Promised to All. Foreign Exchange Bought and Sol Interest Paid on Time Deposits YOUR PATRONAGE IS SOLeCITED. A® Patrons Having Valuable Papers May Deposit Them for Safe Keeping. - ®* “SW WONT W,

"Take Down” model, 22-inch barrel, weight 4i pounds. Carefully bored and tested. For 22, 25 ahd 32 rim fl e cartridges. Vo. 17-Plain Open Sightss6.oo I'o- 18-Target “ 8.50 Ask you- deale for the ”F.\VORITE.” If he doesn’t keep it, we will send, prepaid,onrecolp of price. Send st imps lor complete catalogua showing our full like. J, tas hi d M lii. CHICOPEE FAI LS. MASS.

DEMOCRATIC TICKET.

STATE TICKET. SAMUEL M. RALSTON, Secretary of State. . JOHN W. MINOR, ’ Auditor of State. JOTLN G. M’NUTT, Attorney General. HENRY WARRUM, Clerk of Supreme Court, W. B. SINCLAIR, Superintendent Public Instruction. JAMES S. GUTHRIE, State Statistician. EDWARD BARRETT, State Geologist. JUDGES OF SUPREME COURT. LEONARD J. HACKNEY, Second District. JAMES M’CABE, Third District. TIMOTHY E. HOWARD, Fourth District. JUDGES OF APPELLATE COURT, EDWIN TAYLOR, First District. C. J. KOLLMEYER, Second District. EDGAR A. BROWN, Third District. WILLIAM S. DIVEN. Fourth District. JOHANNA KOPELKE, Kittlx District. DISTRICT TICKETS TENTH DISTRICT For Congrjsi -JOHN ROSS of I ipf ecanoe County For Circuit Prosector, IRA W. YEOMAN. For Join Rep re s nt alive Lake Jasper DAVID H YEOMAN. of Jasper County COUNTY Cerk—JOHN I MAJOR, r Auditor GEORGE 0. STE.’dLEL, For Treasurer MA i lON I ADAMS. For Sheriff—WM, C. HUSTON. F r Surveyor -DATID E. GABRIOTT. For Coronor—P. F. POTHUSJE, Commissioner, Fiist District— F M. HERSH Al AN. Commissioner, Second District - LUCIUS STRONG.

“THE CONTINUANCE OF THE PRESENT GOLD STANDARD IN THE UNITED STATi-S IS NEOESSAhY TO THE SUPREMACY OF England’s cosjmehci’l dominion over ra s world,”— London (England) Times.

The Democratic Sentinel.

DEMONETIZATION

Of Silver and What It Has Coat Indiana Farmers. Comprebanaiva Tables Showing- What They Should Have Received and What They Did Receive aa a Reward For Their Toil glace 1878 Total Loss on Wheat, Cora aad OaU Amounte to the EnormotM Sam of •413,962,113.

Indiana is pre-eminently an agricultural state. In 1890, according to the census report, Indiana had 198,167 farms, valued, including fences and buildings, implements and machinery and livestock, at 1869,322,787. It would be a conservative estimate to say that Indiana now has 200,000 farms and that their total value, including fences, buildings, implements, machinery and livestock, is $900,000,000. If it is admitted that Indiana has 200,000 farms, the estimate of five persons to the farm, or a total of 1,000,000 of the state's pop. ulation are directly associated with the farms of the state in carrying forward the great industry will not be controverted. The investment in farms overtops and overshadows investments in any other Industry in the state, and it may be said all other industrial enterprises combined. The railroad interests, about which so much is said, capitalized or “watered” as they are, as an investment do not exceed $160,000,000. So much is merely preiactory, designed to substantiate the proposition, that agriculture, or farming, is the one great, overmastering interest of Indiana. The Demonetisation of Sliver and Prices of Farm Products. It has been asserted ancLdemonstrated beyond proof to the contrary, that the demonetization of silver in 1873 has had a ruinous effect upon the prices of farm products, that as silver has declined in value farm products have also declined proportionately, and it will be well for farmers to take the facts into consideration and see if they bear out the averment. And if they do, farmers have a solution of conditions which since 1873 have prevented them from receiving many millions of dollars which ought to have rewarded them for their toil and anxiety. The question is so momentous and so far reaching in its consequences as to lift it far above partisaq clamor, for it is partisan only to the extent that parties may seize upon the right or wrong involved, the one party asserting the demonetization of silver lies at the bottom of the question of the depreciation of the value of farm products, while the other party engages in obscuring the facts and contending that other agencies have operated in bringing about the decline, in which they talk loudly, but not learnedly, of the gold standard, balance of trade, etc., but which in no wise modify the startling facts, that with the decline of silver consequent upon demonetization, farm products, keeping step to the mournful music, have as steadily declined. A Little Simple Arithmetic. Preliminary to the employment of a litte simple arithmetic to show farmers of Indiana a few startling facts relating to the losses they have suitained by the decline in the price of their products since 1873 will be in order. It is not contended, nor is it to be denied, that other agencies have been in operation whereby the price of farm products have declined, but that the demonetization of silver, and the consequent decline of that metal has been the chief factor in producing the misfortunes of the farmers of Indiana is asserted, and the facts warrant the conclusion. Decliue lu the Price of Silver and Farm Products. From 1873 to 1897 the price of silver declined from $1.02 per ounce to 47 cents per ounce, a fall of 55 cents per ounce, or 58.98 per cent. During the years from 1878 to 1898, wheat declined from $1.15 per bushel to 62.3 cents a bushel, a fall of 52.7 cents a bushel or 45.36 per cent. From 1873 to 1898 corn declined from 48 cents a bushel to 80 cents a bushel, a fall of 18 cents a bushel or 87.05 per cent. From 1878 to 1898 oats declined from 87.4 cents a bushel to 22 cents a bushel, a fall of 15.04 cents a bushel, or 41.17 per cent. From 1878 to 1896 rye declined from 76.3 cents a bushel to 40.8 cents a bushel, a fall of 35.5 cents a bushel, or 46.5 per cent. Daring the same period barley declined from 91.5 cents a bushel to 32.8 cents a bushel, a fall of 59.2 cents a bushel, or 65.7 per cent. From 1878 to 1897 hay declined from $13.55 per ton to $6.62 per ton, a fall of $6.93 per ton, or 51 per centFrom 1878 to 1895 potatoes declined from 70.5 cents per bushel to 26 6 cents per bushel, a fall of 43.9 cents a bushel, or 51 per cent. These figures, relating to the price of farm products for the periods stated, are taken chiefly from estimates pre, pared by the United States department of agriculture, and include the whole country, but may be regarded as applicable to Indiana as to any other state, but the statistics relating to annual products found in the tables are taken from reports of the Indiana bureau of statistics. In this article it is not proposed, in showing the extent the farmers of Indiana haye suffered by the decline in the price of farm products, to give each year fropi 1873 to 1898, nor, indeed, to select the most disastrous years to farmers, but to introduce authorative dates of a number of years calculated to produce and rivet conviction that the demonetization of silver in 1873 has been productive of disasters to the farmers of

JSTotice to Taxpayers, The first Monday of November is the last day that taxes of 1897 can be paid without penalty at« ' aching J, 0. GWIN, Treas. The ‘‘Snowdrift,” manufactured by J. M. Gardner, of Monitor mills is rapidly forging to the front in public estimation. Try it. and you will want no other.

Rensselaer Jasper County. Indiana Saturday November 5 £B9B

Indiana so enermous in their ram total as to tax credulity and amass the people. Wheat. Indiana is a wheat producing state, and. it would be interesting to show the ram total of the product of the great cereal for all the years since 1873, but since that cannot be done for the want of space and the necessary data it must suffice to introduce the product of only a limited number of years, showing the decline in prices as compared with 1878, When silver was demonetized. Tables showing the decline in wheat in 12 years, consequent chiefly upon the demonetization of silver, which declined from $1.02 in 1873 to 47 cents in 1897:

I S? S$ st I YEARS P :51 i : . F■:? jg : to?.1880. 4<>.788.088 1.15 95.1 19.1)$ 8,116,813 1882 40.928,648 1.15 88.2 Jtt.B 12,576,877 1883 31,405,573 1.15 91.9 24.1 7,508,803 1884. 40,531,3)0 1.15 04.5 50.5 20,433,206 1888 -8,750,764 1.15 92.0 23,0 6,612,675 1889 41,541,570 1,15 09.8 45.2 18,776,789 1891 58.3(5,796 1.15 83.931.1 18,133,103 1892. 42,120,149 1.15 02.0 53.0 21,326,858 1894 50,792,620 1.15 49.1 05.9 33,694,136 1895. 22,674,000 1.15 50.0 65.0 14,138,100 1897 24,574,853 1.15 72.6 42.4 10,419,737 1898 51,001,080 1.15 62.3 52.7 26,877,569

Total loss to farmers of Indiana in 12 years.. • 108,614,663 It is seen by the foregoing table that in the 12 years tabulated the decline in the price of wheat consequent upon the decline of silver chiefly, cost the farmers of Indiana $198,614,666 and if the annual product of wheat in the state for all the years since 1873 could have been obtained for calculations, the sum total would have approximated $300,000,000, and as "dear money,” makes farm products cheap, farmers may feel assured that with the establishment of the gold standard and the permanent demonetization of silver, still greater losses are in store for them. But the losses sustained by th’e decline in wheat is but a portion of the calamities which have befallen the farmers of Indiana, consequent chiefly, upon the demonetization of silver, and it is therefore in order to give the facts relating to the losses farmers have sustained in the decline of prices in corn, as shown in the following tables. Table showing that the decline of silver from $1.02 per ounce in 1873 to 47 cents in 1897, cost the farmers of Indiana $184,708,470 in the decline of corn for the years tabulated.

Q T 3 t Ci A ®2 3. st 3. ® 2 hro trsi s» 2. £7*3 O O Q. ft) y as zLca /■ p ® O'® gs ® gs £. YEARS. : c 3 2. 3 g? “ • 2,2 p sc® < ■I : 7 t •awui’P.Sp.P'ao 1880.. 80,93 ,096 48 39.6 5,4 4,878,447 1884 89,159,799 48 85.7 12.8 10,966,655 1885 115,154,914 48 32.8 15.2 17,532,556 1880 108,217,203 48 36.6 11.4 12,336,760 1888 128,436,284 48 31.1 13.9 17,852,643 1889 11)6,542,101 48 28.3 19.7 20,988,895 1891.. 125,092,649 48 39.1 8.9 11,134,145 1895 132,1->t>, 105 48 25.3 22.7 29,987,485 1896 148,578,898 48 21.5 26.5 32,834,062 1898 14 ,501,404 48 30.0 18.0 26,730.252

Total loss to fanners Slß4,7Oß,47O It will be seen by reference to the foregoing table that the farmers of Indiana in the 10 years tabulated have lost by the decline in the price of corn, as compared with 1873, when silver was demonetized, the enormous sum of $184,708,470, or an average of $18,470,847 a year. That the decline in the price of corn was owing largely to the decline in the price of silver is shown in the fact that while silver declined from $1.02 per ounce in 1873 to 47 cents in 1897, corn declined from 48 cents a bushel in 1873 to 30 cents in 1898. Table showing that the decline in oats for the 'years tabulated, consequent chiefly upon the demonetization of silver, resulted in a loss to Indiana farmers of $30,638,977.

O 3 T 5 U -5 ®. g. 2. d3.ts ® ct) fc-js p c • cn (D s,® £—® o < £- : g 5‘ 2-5' a ° g YEARS. g : 5 ’ : : £ f • S ~ ■ » • •£.•q •Js E.S 1 ® 1879 1880 15,405,822 37.4 36.1 1.1 169,464 1883 19,567,789 37.4 32.7 4.7 919,585 1884..., 23,576.117 37.4 27.7 9.7 2,286,873 1885 25,280,037 37.4 28.5 8.9 2,247,922 1886 28,330,102 37.4 29.8 7.6 2,153,087 1888 27,493,857 37.4 27.8 9.6 2,639,410 1889; 28,710,935 37.4 22.9 14.5 * 4.163,065 1891 28,123,189 37.4 31.5 5.9 1,659,268 1895 24,601,831 37.4 19.9 17.5 4,305,320 1896,,, 23,689,234 37.4 18.7 18.7 4,429,886 1898 ~,. 33,490,424 37.4 22.0 15.4 5,157,524

Total loss to farmers on oats in 12 years as a result of the demonetization of silver.... #30,638,977 The then principal cereal crops in Indiana are given in the foregoing tables, and, recapitulated, show the losses sustained by Indiana farmers as follows; Lom zuatained by the decline in wheat #198,614,666 Lon sustained by the decline in corn... 184,708,470 Loss sustained by the decline in 0at5............. 30,638,977 Total loss for the years named #413,962,113 When it is considered that less than one-half of the years since 1873, when the disasters began to accummulate upon farmers of Indiana as a result of the demonetization as the prime factor in the demoralization of prices, it will be admitted that the sum total of losses, if all the years were included of losses, would reach at least (§900,000,000. We have 18 years in which the product of barley is given in statistical tables, showing the sum total of the product at 5,639,399 bushels. In 1873 the price of barley was 91.5 . cents a bushel, and it declined to 32.3 cents a bushel. If we divide the loss and assume that the average loss to the Indiana farmers was 28.1 cents a bushel, one-half of the decline, it is seen that upon this highly liberal estimate the loss was $1,584,671. v The rye product of the state for 12 years, for which statistics are available, amounted to 8,552,183 bushels. The de-

THE INFALLIBLE HEADACHE CURE. It is universally conceded its equal does not exist, It is an »b*< solute sure cure for the’.most obstinate case of nervous and sick headache, and will in any cas§ give relief in fifteen minutes. Onee tried you will never be without it. Price 10c, for package of 3 pow J

‘A FERM ADHERENCE ECT PRINCIPLES.”.

Cephalotus

dine in price from 1873, when it was 76.8 cents a bushel, to 40.8 cents a bushel in 1896, the loss was 35.5 cents per basbel, assuming that 17.7 cents per bushel was the average, the loss to the farmers amounted to $1,513,731. The facts stated indicate clearly that the price of farm products in Indiana nave kept pace with the decline of silver since 1873, and that while there have been occasional reactions in prices, such for instance, as short crops at home and abroad, the downward march was resumed, as soon as abnormal conditions disappeared until, in spite of the claims to the contrary, farmers in Indiana as elsewhere, have been the victims of legislation to establish the gold standard and the outlook now, with wheat at 62 cents a bushel, and that a gambling price on change and bucketshop ventures is gloomy. If, however, the machinations of bondholders, trusts, syndicates and gold speculators are thwarted at the polls in November, as the indications warrant, there is good reason for believing that an era of prosperity will come to the farmers of Indiana and to the country, for until the farmers are prosperous it were folly to indulge the idea that the country is prosperous.

OVERSTREET BILL

Dangerous Scheme Designed to Establish the Gold Standard And Permanently Demonetize Silver—The Nefarious Scheme Wholly In the iW terest of Goldbugi a.iti Their Allies. Taking n . ’ • i the herculean efforts. t party and those whoba.u ucieu its auspices to bring about what ti.o goldbugs denominate "comprehonsive and enlightened monetary legislation” by congress, people who attach value to facts, will be prompted to investigate carefully to find the facts which will enable them to arrive at rational conclusions relating to the schemes of goldbugs and their allies to circumvent the people and foist upon them a currency system utterly at war with the welfare of the country. The pioneer advocates of this "comprehensive and enlightened monetary” scheme to erect a gold standard, degrade silver and give the national banks unlimited control of the currency, hailed from Indianapolis, and the "monetary convention,” which they had the great satisfaction of organizing was made up of delegates, as the title page of its report shows, from "boards of trade, chambers of commerce, commercial clubs and other similar commercial bodies of the Unitefl States. ” And it is interesting to note that the great agricultural interests and the great labor interests of the country were not invited to send delegates to the "monetary convention,” nor were there any representatives of these great interests in the convention. As now organized, "boards of trade, chambers of commercl, commercial clubs and other similar commercial bodies” include gamblers on ’change in all agricultural products, stocks, bonds and gold. To have in the “monetary convention” only delegates from commercial bodies, such as have been named, was strictly in accord with the gold bug idea of finance —of the superiority of wealth over men who produce wealth; of gamblers on ’change, men who "corner” commodities; bucketshop statesmen, who have in their nomenclature such slang as "put,” “call” and other gibberish, quite as intelligible to the “plain people” as the slang terms used by "knights of the jimmy”—terms which an honest farmer or an honest mechanic could no more understand than if these delegates to monetary conventions wese to use the “click” of hottentots. It is important in discussing the labors of such men as composed the monetary convention to' know, not their personal antecedents, but their business status, or employments, associations, etc. They were goldbugs, as devoted to the gold standard as savages are to their fetich, and regarded the 6,500,000 Americans who voted for Bryan and bimetallism as "idiots,” "anarchists,” "lunatics,” demagogues, and dangerous to the peace and welfare of the country, and that for some inscrutable reason members of boards of trade, gamblers ip grain and gold, should meet in convention and prepare a bill to be presented to congress to bring about a "comprehensive and enlightened monetary” system of finance for the nation. When the Fifty-fifth congress met in its second session there was a flood of bills introduced, all bearing the imperial stamp of goldbugism, as for instance there was the Walker bill, 5,181. Then Mr. Walker of Massachusetts, not content with 5,181, introduced bill 10,289, and, not yet satisfied, introduced bill 10,333. This done, Mr. McCleary introduced bill 9,725, “prepared by the special subcommittee of the banking and currency committee.” Finally, Mr. Overstreet of Indiana introduced bill 5,855, prepared by the board of trade delegates to the Indianapolis monetary convention. The bills offered by Mr. Walker and Mr. McCleary, though their authors sought by cunning worthy of a fox, by playing tricks with words equal to a juggler handling cups and balls, and by duplicity, worthy of a Machiavel, could not obscure the real purpose they had in view, which was to establish goldbugism on an enduring basis in the United States, and it may be said that the monetary convention— Overstreet’s bill, which it is proposed to examine, in frankness of declaration in favor of all goldbng heresies was much more in consonance with straightout talk on the money question. And as Mr. Overstreet’s bill may be regarded as a quasi Indiana production, it is proposed tQ show the people of Indiana what is in store for them if the bill or any similar bill became a law. The, issue of the gold standard vs. free and

frs or 3 pkgs, of 9 powders for 25c. Don’t fail to try it. Marsh Mfg. Co. n 42 6m. 538 W, Lake St, Chicago. Judge Healy has had long txpe rience in his line of trade He is an excellent judge of material and workmanship You will simply consult your own interest in mak ing your footgear purchases from

unlimited coinage of silver at the ratio of 16 to i is in the campaign now going forward in Indiana, and this being true it becomes specially important for Democrats to fully comprehend the scheme, and thwart the designs of goldbugs at the polls in November. What Does the Overstreet Bill Propose# In discussing* the scheme embodied tat the Overstreet bill, it is not required te analyze the sophistries and vagaries upon which the gold standard advocate* rely to make black appear white, and vice versa. Such discussions are along labyrinthian pathways, which ending nowhere, simply confuse those who at> tempt to find their way out of the maze. In replying to the question, what does the bill propose? it should be said its purpose is to copy the law? of England, France, Germany and other countries anq establish in the United States, regardless of all interests, except the interests of the rich, a gold standard. And this gold standard is secured in the first section of the bill as follows:. "That the standard of unit of value shall, as now, be the dollar, and shall consist of twenty-five and eight-tenth# grains of gold, nine-tenths fine, er twenty-three and twenty-two one hundredths grains of pure gold, as represented by one-tenth part of the eagle.” That is the gold standard, if the bill becomes a law, and a law it will become unless the Democratic party defeats the Republican party at the polls in November. That there shall be no misunderstanding regarding the gold standard, which Section 1 establishes, the fact is clinched as follows:

“Section 2. That all obligations for the payment of money shall be performed in conformity with the standard provided for in section 1.” Here it is seen that section 1 provides a gold standard and section 2 provides that all obligations for the payment of money shall be in accordance with that gold standard. Besides, section 2 destroys existing contracts between the government and the bond holders. At present all government bonds are payable, principal and interest, in “coin,” either gold or silver or both, but section 2 of the biH under consideration says: all obligations of the United I States for the payment of money now existing or hereafter to be entered into shall, unless hereafter otherwise expressly stipulated, be redeemed and < held to be payable in gold coin of the United States, as defined in the standard aforesaid.” In this is seen the hand of the bondholder. He was sufficiently potential in the Indianapolis monetary convention to provide that his bonds, principal and interest, now payable in “coin,” shall be payable in “gold coin,” and' his influence was felt to the extent that he had it inserted in the bill that there should be free coinage only in gold, as follows: “Section 8. That there shall cobtinue to be free coinage of gold into coins of the denominations, weight, fineness and legal tender quality pre- 1 scribed by existing laws.” The bill deals curtly and contemptuously with the silver dollar, to the extent. if the bill the convention concocted and which was introduced in congress by Representative Overstreet becomes a law, as Sec. 3 provides, “No Silver Dollars Shall Be Hereafter Coiued.” In so far as the bill relates to metaMio currency, it culminated in the declaration that “no silver dollars shall be hereafter coined.” If the bill beoames a law, which will be the case if the Republican party wins a victory at the polls in November, bimetallism will cease to exist in the United States, and the gold standard advocates, the plutocratic class, will have won a victory far-reaching and disastrous to the welfare of the country. Why? Because one of the primary, original, irredeemable coins of the country will have been struck down and struck out of existence as primary money, and gold substituted, which by increasing the demand for gold makes it dearer, and by reducing the demand for silver makes it cheaper. What is meant by the increased value of gold consequent upon the demonetization of the silver dollar? This question is answered by Mr. Shafroth of Colorado in his speech in congress, May 26, 1898,in which he says: “The increase in the value of gold cannot be estimated in dollars and cents, because it is the unit of measurement. This increase in value can only be estimated by increased purchasing power. What we mean by increased purchasing power is that it buys more of commodities and property. That means that the owner of commodities and property must yield up more of them in order to obtain a given quantity upon the gold valuation than before the increase in value of gold, and that means he must sell at a less price.” Suppose a farmer has a mortgage on hia farm for SI,OOO, which is due and must be paid. It is not the contention that the gold standard has increased the amount of this debt, but that the increased value of gold by the demonetiration of silver makes it more difficult for the farmer to obtain the gold to pay off his mortgage. Before the increase in- the value of gold 1,000 bushels of wheat would have sufficed to pay off the mortgage, but as the value of gold has appreciated, he finds that his wheat has depreciated from $1 a bushel to, say, 75 cents a bushel, in that case he would have to sell 1,333 bushels of wheat to pay off his mortgage. That farmers have been subjeoted to such losses by the demonetization of silver is shown by the most reliable statistics, prepared and qirpulated by the United States department of agriculture, and will not be denied. It is true, as the goldbugs contend, that England, France, Germany, Italy, Spain and some other countries have the gold standard. And so it may be said, they have their kings, emperors and titled aristocracy, but it does not follow, in the one case more thau in the ether, that the United States should have a king or a gold standard. In European countries is found not only royal families, a titled nobility.

Judge Healy is ope lag cut an extensive new stock of Dots end Shoes, Rubbers of all kinds, school s ocp, etc , for the i all and winter trade, et the lowest prices, A lacge stock of school shoes to se'ect from. Call on Judge Hea v, he exclusive dealer.

MOore» Gives great satisfaction in his trest- j ® ment of Consu o ption, Bright’s Disease, ahd many of the Heart i troubles, formerly considered incurable. Office—First stairs ' west of P. O. Home at Novels House. Calls pxompely an- t $ swered. Rensselaer, Ind.

thrones’ scepters, standing armies, aad all the required machinery of oppression, i but unexampled ignorance and degrade tion and a vast population known M proletarata, men who have no mew voice in oontroling public affairs than so many horned cattle. They are the victims of conditions which the gold standard advocates are trying to establish in the United States, and which will be expedited should Mr. Overstreet's bill, now pending in congress, become a law, because every line, paragraph and section has but one purpose in view, which is to establish in the United States, upon the specious plea of a “comprehensive and enlightened monetary” system, a gold standard system of finance. To recapitulate the Overstreet bill, which is an issue in the Indiana paign, it is seen that 1. It makes gold the standard of value, 2. It makes the silver dollar a subsidiary or minor coin. 8. It declares that no more silver dollars shall be coiued. 4. It makes ail government bonds, now outstanding, payable in gold coin. 5. It makes all obligations of the United States payable in gold coin. 6. It makes the coinage of gold free and unlimited and denies to silver the coinage rights accorded to gold. 7. In the interest of bondholders it seeks to destroy the contract between the government and the bondholders, which under the law makes United States bonds payable in “coin,” gold or silver, payable only in “gold coin.”

Under such circumstances it is net surprising that the Republican press of the state does not want the Overstreet bill to be au issue in the campaign—and the Indianapolis News, than which there is no Republican paper in the state more devoted to the gold standard, sees distinctly that the Overstreet bill is fraught with danger to the party. As an expression of goldbug sentiments the Overstreet bill has less circumlocution and jugglery in it than is found in any other bill upon the subject introduced in congress. The bill, as has been said, is the product of the Indianapolis monetary convention, but the Indianapolis News, now that the people of Indiana begin to comprehend the monstrous, if not infamous, provisions of the bill, declares that the Republican party has never indorsed it. According to The News, nobody seems to have indorsed the Overstreet bill, not even the convention that nominated Mr. Overstreet as a candidate for congress dared to indorse the Overstreet bill. And yet The News Says: “Mr. Overstreet deserves great credit for introducing the commission bill in congress. It is a carefully prepared «ieasure, the work of men skilled in nance and economics, and is probably supported by a wider and more influential constituency than any other measure of currency reform that has yet been proposed.” Notwithstanding such commendations, The News, with all of its goldbug proclivities, is afraid that the discussion of the bill will work disaster to the Republican party and to goldbugism generally. The News on that point is right. All that is required is to get the provisions of the Overstreet bill fairly before the people of Indiana; this done, it will transpire that, as The News aare not indorse it as an issue, and as the Republican convention dared not indorse it as an issue, and as the congressional convention, which nominated Mr. Overstreet for congress, dared not indorse it as an issue, the people at the polls iu November will not indorse it nor any of its goldbug, national bank, money power provisions. It is a cheering sign to see such a goldbug Republican sheet as the Indianapolis News playing crawfish—backing down and backing out—and protesting that the Overstreet bill, concocted by goldbugs and introduced in congress by a goldbug congressman, is not an issue in the campaign, because, forsooth, the bill was not mentioned in conventions, though the infamies which it advocates were mentioned and indorsed. Such crawfishing and protesting only shows that the Republican party, which lacks the courage to stand by its own issues, ought to be defeated.

REPUBLICAN PARTY’S FINANCIAL POLICY The Republican party’s declaration for “A COMPREHENSIVE ANO ENLIGHTENED SYSTEM OF CURRENCY” if given “THE VITALITY OF LAW” would 1. Retire 8346,000,000 of greenbacks. 2. Stop coinage of silver dollars. 8. Make 8500,000,000 of silver redeemable lu gold. 4. Make debt contracts, public and private, payable In gold. fl. Tarn over to banks all power to issue paper currency. 6. Secure bank currency by as..s>i* only. 7. Leave depositors without protection. 8. Enable banks to contract or upaud tbeir currency at will. 9. Create a bank monopoly. 10. Leave honest banks at the mercy of dishonest ones. IL Make legitimate banking hazardous. 12. Increase the value of our debt obligations, national and private, many hundred million dollars. 13. Open an avenue for wildcat banking. 14. Provide a 13-year board to control currency. 18. “Make money the master, everythin* else the servant.**

SUCCESS”Wa itov m the ro*4 to SUCCESS and TO2TTOI. BIG PAY-STEADY WOBK-NEW PLAN. THE SUCCESS COMPANY,Cooper Union,N.Y.City '’’he Indianapolis Weekly Sai tin el and Deme cratic Sentinel, one year for $1.50.

Number 43

READ. READ. READ!

“KNOTIB HAS THE BATTLE OF HIS LIFE ON HIS HANDS." A Hammond s ecial to The In* dianapolis News (republican) of November 4th, has the following concerning Mr. Knotts and his canvass: “Of aH the Republicans in Lake county, Mr. Knotts is the one that has the battle of his life on his hands. Ha would like Io be joint representative of Lake and Jasper counties. The Democrats say, however, that if the good people of the two counties are irr the majority, Mr. Yeoman, of Rensselaer, will have tnai honoi. Knott’s entanglem- nt with John Oondon and his race track enterprises are against him. Ho is also experiencing considerable difficulty in explaining soma of his promises to the Liquor League element. It will be remembered that Mr. Knotts was an energetic leader in the “thiid house” at ndianapolis four years ago, when the raoe track legislation was under consideration before the General Assembly. A Scheme to Legalize Pools. Candidate Knotts sometime ago proposed i scheme by which it might be possible to legalize the pool-selling business as carried on just now at Roby in connection with the winter meeting of the Lakeside Jockey Club. His plan, in the event of his election, was to frame a bill, bv the termi of which pool-rooms could be established and operated anywhere in Indian on the payment of a daily licens fee of $250 to the city or county treasurer. This amount, Mr. Knotts said at the time, the Roby gamblers would be only too glad to pay for absolute immunity, as, under the present arrangement, it is Cv sting them twice that amount, and the? are in constant fear of raids and “grafters.” As the impression prevails quite generally throughout Lake county' that the next Legislature will pass measures that will have the effect of clearing the noithern part of the State of the element that has done so much to blacken its name and rep Nation during the last ten it would seem that the people of the joint district are not so much in sympathy with Mr. Knott’s scheme.” * * * *

HIGHLY COMPLIMENTARY.

The republican special Damn mond correspondent of that lead ing Republican paper, the Indi nnapolis News, discriminates thus favorably in reternng to our fel low citizen, D. H. Yeoman, Dem ocratic candidate foi joint repre seriative, and the position he oc copies in this campaign: * * “If the good people of the two counties are io th a major ity, Mr Yeoman, of Rensselaer, will have that honor.” Per contra: He says of Knotts: entanglement with John Condon and his race track enter prises are against him. He is also experiencing considers! le difficul ty in explaining some of his promi ees to the Liquor League ele ment.”

What Indiana Democrats Have Done.

The Democratic party has given the people of 1 diana tie grand common school system they enjoy; the school book law which saves millions to the people; the Austra*han ballot system, which enables every freeman to vote his sentb» ments beyon 1 the eye of any threatened discharge from a tyrant employer; a tax system under the administration of which the great railroads, express companies and other corporations havr- added over a million dollars in property vaK ue? to the tax duplicate; which has built every public institution auch as the a ylums, prisons, re«v schools, monument, state house and other public improve* ments with strict economy and honest regard for ths taxpayers... Such a party is stilled to the complete confidence of the people. They stand for the people. bio better State ticket was eve selecteu for the suffrages of the people than that presented by the democracy. It stands for honest and faithful administration of the affairs of the State. The proposition to withdraw the r>( r-interest bearing greenback ' and substitute the issue of national 1 auk circulatio , thereby placing the control of the nation’s finances n the national banks and trust companies should be we 1 considered bv every voter, and defeated it the j oils next Tuesday. To aid in its defeat vote for John Ross for Congress.