Indiana State Sentinel, Indianapolis, Marion County, 26 July 1893 — Page 4

THE IjSDIASA -STATE SEMINAL, .WEDInKSDaY MORXING, JULY-26; 1893 TWELVE. PAGES.

INDIANA STATE SENTINEL

BY IHE INDIflNflPOUS SENTINEL CO. S. E. MORS:, BEN A. EATON, President V r President. b. McCarthy. Eccrataxy od Trorer. llfiUrr d t tk rottomcf at IndiuupoIU u Mcond clM Biatter. 1 TERMS PER YEAR r"lJ1 fop? (Inrariably In AdTnc.)......l 00 Wild drmorriu to bnr In mind nl -el"t th'fr tin it ate paper Then tbty com to Ufca aubeorip. t:cn aod make up dabs. Agent making; U club Bend for iot Information ctiirtd. AldtTHE APOTJS EENTINEI, Indianapolis, ini. WEDXESDAY, JILY UU, JM:. There should be no hesitation about repealing the Sherman law when congress meets. Delay would be in the highest degree hurtful. There is no question that the sentinent of the country calls for the Immediate and unconditional repeal of the purchase clause of the Sherman law. Indiana Is first in many things and it must now be accorded the palm for possessing the most patriotic and conscientious citizen of the republic. He is George Snively of Columbus, who has refused a back pension of $600, which had been granted him, on the ground that he is able-bodied and can earn his own living. Mr. Snively is certainly entitled to the most unstinted praise for his refusal to profit by his country's generosity and the weakness of its laws. It is almost amusing to see the bimetallic convention at Topeka, Kas., resolving against international bimetallic coinage and against the repeal of the Sherman law. That law was passed in order to continue the decline of silver. For twenty years the silver men have let John Sherman mold them like putty and now they are hanging to his law after it has been demonstrated a fraud and a failure and after he has repudiated It. If the silver cause falls it will be on account of its fool friends. The Hoosier State asks: "How are republican or democratic sheriffs going to stop prize fighting when the late lamentable democratic legislature passed an act legalizing prize fighting In this state?" The legislature did nothing of the kind, and any pretense that it did is merely a subterfuge adopted by officials Who either do not desire to suppress rrize fighting or have not the courage to do so. The law prohibiting prize fighting has never been repealed and it is childish for weak cr neglectful officials to claim that it is inoperative. That rare old statesman, Chester Faulkner, has appeared on the scene at "Washington with a solution of the money question. He proposes to repeal all the silver laws in existence, i. e. the Sherman laws and the law of 1873, and states that this would leave the laws that "existed from 1792 to 1873 in force." If Chester will investigate for a few years he will learn that there were several different laws in force in the period mentioned, and that the mere repeal of the two laws would not only leave us without any silver coinage, but also throw the whole matter of coinage into great confusion. It is really delightful to have Wall-st. bankers kicking because the government pays them in gold Instead of currency. After their refusal to let the government have any of their gold hoards without Issuing bonds, the whole country will rejoice to see them loaded up with the metal until they are weary of it. And it would be an entertaining move for them to make a protest to Secretary Carlisle, as they threaten to do, in case the gold payments are not stopped- It is the first time- for many years that "Wall-st. has not had its own way in money matters, and the money kings are naturally restive. But they will become accustomed to the change after a while. The eastern press is waxing indignant over the clause of the law of 1890 against counterfeiting which makes it a crime to produce or have in possession "any print or impression, or anything whatsoever, whether of metal or its compound, or of any other substance whatsoever, in likeness or similitude as to design, color or the inscription thereon, of any of the coins of the United States, or of any foreign government, that have been, or hereafter may be issued as money, either under the authority of the United States or under the authority of any foreign government." It is claimed that printing a cut of a coin in a newspaper 13 a violation of this law. The admirable manner in which Indianapolis has weathered, and is weathering, the financial crisis is worthy more than passing notice. Indianapolis is in excellent condition. With the exception of the unnecessary closing of one bank, which speedily reopened, there has been no failure of any consequence. Values have scarcely moved. There is nothing to indicate that property of any kind has Leen on a fictitious basis, or that business men have been venturing over their depth. All we have to contend with is a temporary dullness of business and a closeness of money. There is every reason to believe that these will pass away quickly with the movement of the new crops and the meeting of congress. Senator Jones of Nevada says the senate will not consent to the repeal of the Sherman law unle.su a satisfactory substitute (satisfactory to the silver mine owners) is provided. It I? not at all probable that Senator Jones speaks advisedly. But If he does, the fate of the senate will be sealed. It has long been regarded by a very large part of the American people as a generally usoiss and frequently harmful branch of the government. It is usually an obstruction rather than an aid to wlie legislation and the manner of its election frequently makes It the means of thwarting the expressed will of the people for years at a time. It has been more often out of than in touch with the peo-

pie. If, In such a crisis as the present. It stands in the way of carrying out the people's will, the movement for Its abolition will gain great Impetus from that fact.

AVIIEX KXAVES FALL OIT. There is an immense amount of food for reflection in some of the declarations that are being made in connection with the silver question, and some of the action that is being taken in connection with it. One of the most remarkable of these Is the declaration of President Lawrence of the People's savings bank of Denver, one of the three banks that suspended on Monday. He says the bank is solvent, and that the mn on it was without any sufficient cause, and farther: "The officers of the institution pledged their estates to its support, but through the feeling that had been engendered among eastern banks and financial institutions by the recently published expressions and demonstrations that have been heralded from Colorado, a thirty days' note for $100,000, signed by Colorado parties worth $4,000,000, to raise immediate money, was not worth the paper it was written on. Most persistent efforts were made to obtain temporary assistance to tide the bank over, and up to four days ago this necessary assistance was promised by eastern correspondent banks. But since the doings of the recent convention in this city became known all over the country these promises were canceled by telegraph, and no alternative was left us (with notices amounting to nearly $500,000 for withdrawals of deposits, maturing within the near future, staring us in the face and the cash on hand paid down to $223) but to take a full assignment for the protection and benefit of all." If this statement is true the eastern correspondent banks would appear to have wantonly brought a financial crisis upon a portion of the country because of Its financial views. It is true that yome of the expressions of the Colorado silver convention were hot-headed and foolish, but they do not justify any such retaliation as this. Indeed, it is hardly credible that men with ordinary sentiments of humanity would be willing to inflict such an injury on the class of people who deposit in savings banks for such a cause. Is there not something back of it? More probable cause appears in two proposals that have been made In Colorado in connection with this question. One is the proposition to divert the trade of Colorado from the East to New Orleans, and the other is the declaration of James B. Bel ford, who for several years misrepresented Colorado In congress. "We will hold the tariff as a club. If the East knocks silver out, we will knock out the tariff." The latter threat is practicable, because, as has been notorious for years, the tariff iniquity has been continued for years by a combination of the interests benefited, and the silver states have always received a large share of the benefits. In 1SS2 the tariff commission recommended a reduction in the tariff on lead, and this caused great excitement in Colorado, because that state Is a large producer of lead. This same James B. Belford, in addressing a mass-meeting of the people of Leadvllle, which had been called to protest against the proposed reduction, informed his audience that there need be no alarm. He said that when the representatives of the lead-producing states went to Washington they would notify the other tariff beneficiaries that if the tariff on lead were reduced they would vote to take the tariff oft copper, sugar, wool, pine lumber, iron and other products of subsidized industries. The result, he said, would be that the tariff would not be reduced on anything. Mr. Belford's prediction was correct. The same old corrupt combination was kept up, and the same system of bargain and sale has since been continued. John Sherman has Just admitted in his letter to Congressman Walker that the votes of the Colorado and other western congressmen were obtained for the Sherman silver bill in a similar way. He says that their votes were necessary and that they could not be obtained by argument. "We could only do it by buying the silver product of those states. It was a costly purchase." Strange as It may seem, these silver state congressmen, who could have obtained free coinage when free coinage was practicable, threw away the opportunity and consented to tariff and other legislation that placed our revenues in a condition to make free coinage impracticable on account of this paltry bribe. The situation gives an opportunity to tariff reformers. If the far West considers the tariff a good club, let the use of that club be forced. Cut off the silver purchases which are of no benefit to anybody but mine-owners. Cut off every form of subsidy that has been used for the purchase of votes, and then reform the tariff. The silver states and Wall-st. have come to a point at which they must part company. Make them separate on the tariff question also. Let the tariff combination be broken up and put out of the way with all Its corrupting Influences. It ' has reached a point at which it is used not only to affect tariff legislation but also other legislation affecting the whole country. It has reached its most dangerous and most corrupt stage. It must be removed before the country can return to a normal and healthful condition. FOOLIXG AAV AY TIME. The recent tremendous upheavals In the religious world have proved one thing to all sober-minded people. That is, that religious discussions of all sorts ought to be tempered with common sense. The Ideas and ' theories of one man may not be Just what some other man needs to put him on the right track, but because they are not Is no reason why the second man should declare them to be false and denounce the first man for heresy or accuse him of unbelief. Common sense should teach I

every man that his opinions are not Just what is needed for his neighbor, perhaps, and that his neighbor's opinions are not just the pabulum that his mental digestive apparatus needs to keep his moral and religious nature in thorough orde . Another point is the slowness of some of those who have taken part in religious -discussions during the past few months. The world has moved. It is not a sign of progress nor of adherence to duty to say that one's opinions on religious subjects are the same that they were ten. twenty or fifty years ago. If that is true the moss must have grown very deep over one's steps. One cannot be up with the progress which has characterized the world In all other directions. That is the inherent weakness of Robert Ingersoll's tilting at religious windmills. He is still driving at the same old arms whioh were revolving so slowly fifty years ' ago, but which were long since blown down and buried. The moss and lichens have covered them for lo, these many years. The old discussion about the probable chances of the heathen in the next world still comes to the front occasionally, and some undertake to down the ghost with a few charges of bird shot. What does it amount to? The progressive Christian world ceased to talk about It years ago, and if they hadn't what possible good can it be to the heathen who never hear it? If it doesn't benefit the ones most directly interested, what benefit can it be .to those who are discussing it merely as an abstraction? There . can be but one common sense answer to such a query, and it Is entirely unnecessary to repeat that. The great theme of discussion and dissension today is the bible. Not isolated portions which may or may not have been correctly interpreted, but the entire book. It Is a question of divine revelation, whether the bible, as a. whole, is a divine revelation or not. The Christian world is being split in pieces by the discussion. There are schisms in churches, divisions In sects and splits in the entire Christian organization along this line. Meanwhile the greater, the humanizing and elevating influences of the Christian religion are being set aside and lost in the wrangling which is going on among the churches on this point. After all it is but a small matter. The divinity of the scriptures is Inherent In one form or another, and the influence the scriptures and adherence to their pecepts has exerted upon the world for the past eighteen centuries Is sufficient proof of the human divinity which is taught there, the divinity of love, of brotherly kindness, of helpfulness to one another. That has been sufficient to move the civilization of the world along for many centuries and there is no doubt about the same influence being sufficient for all time. The petty quarrels which arise over minor points ought to be settled and the entire Christian world unite to carry out its professed principles of humanity, and goodness, and helpfulness one to another. That is the grandest manifestation of the Christian religion. It is what the great founder of the religion did; it is what he directed his followers to do after him, and so far as they have followed his precepts so far has the human race been benefited. Wrangling may stimulate thought, but petty wrangling over infinitesimal matters never made a Christian nor lifted a fallen man or woman from the gutter.

A FRAGMENT OF TRUTH. There is a slight portion of encouragement in the fact that the New York Post is at length beginning to tell a little truth about the demonetization of silver. In a recent issue it replies to the defense of that infamous act by the Hon. George S. Boutwell, who was secretary of the treasury when it occurred, and very properly informs Its readers that "if Mr. Boutwell ever understood this subject (which may be doubted), he does not understand it now." This is very evident from the fact that Mr. Boiuwell declares that at the .time of demonetization a silver dollar was worth 3 cents less than a gold dollar, and that he knew it would decline still further, whereas in fact, as almost everyone knows, a silver dollar was at that time worth 3 cents more than a gold dollar. The Post continues: "Mr. Boutwell says he knew in 1872 that silver was going to decline still more, because 'the power drill had been invented and its value established' and because 'the use of dynamite was well understood. How did Mr. Boutwell know that the use of the power drill and of dynamite would disclose more of silver than of gold in the bowels of the earth? He knew nothing of the kind, nor did he suspect anything of the kind. He had two men in the treasury department who understood these questions thoroughly, namely, John J. Knox and H. It. Linderman. He simply followed their advice, and he was right in doing so. They never told him that the silver dollar was . then, worth 3 cents less then the gold dollar, because such was not the fact. They never told him that silver was going to decline still more, because they did not know it. They made their investigation in 1869 and presented their report in 1870. In both of those years the market ratio of gold to silver was 13.C0 to 1, which was fully 3 per cent, lower than our legal ratio of 16 to 1. They had no more reason for thinking there would be a change in the other direction than the public generally had. Not even the great output of the Comstock lode pointed that way, since very nearly one-half of that output was gold." This Is all very well, so far as disposing of Mr. Boutwell is concerned, but the Post Is still misrepresenting the facts by intimating that improved mining appliances did "disclose more of silver than of gold in the bowels of the earth." The fact is shown by the official records that the product of gold was greater than the product of silver for years afterward. It was not until 18S5 that the scale turned in the other direction, and then to gradually that

the world's supply has now only reached the same relative proportions of gold and silver that existed, in 1873. .During these twenty years of the decline of silver there has been relatively more gold than ever before in the world's history. The decline is not due, as would be inferred from the Post's statement, to the increased production of silver. Its cause was very accurately stated by one of the gentlemen , whom the Post mentions as experts - "who understood these questions thoroughly," and whose advice Mr. Boutwell followed. The attention of the Post is called to the following statement of H. 'R. Llnderman, then director of the mint, in his report of. Nov. 1. 1S73: The gradual adoption of the gold standard, and consequent demonetization of silver, will of course be followed by an increase In the value of gold, or what is the same thing, a decrease in the price of articles measured by it. Indeed it is quite certain that this effect is already perceptible in some portions of Europe. Be that as it may, however, it Is safe to assume that Germany will soon have substituted three hundred millions of gold for silver heretofore used as standard money, and- that Denmark, Sweden and Norway will require nearly as x.iuch more in consequence of changing their standard from silver to gold. Now, add to the foregoing the requirements of France and the United States In the near future, and it will be readily understood that gold must appreciate in value. That is what the Post's expert said at the time. That is what subsequent events proved to be true, for notwithstanding an increased relative production of gold for eleven years gold advanced steadily in value, and the price of everything else decreased. Unquestionably Mr. Llnderman and John Jay Knox "understood these questions thoroughly," and so did John Sherman, and Ernest Seyd, and all the rest of the crowd that brought about this infamous legislation. It was a deliberate movement to depreciate the value of all commodities, or appreciate the value of gold, which Is the same thing. It was a deliberate movement to increase the burden of every debtor In the world. It was a deliberate movement to increase the profits of the holders of the bonds of the United States, which were made payable In gold, and whose interest was made payable in gold, through the efforts of the same tools of our nation's creditors. Under the plea of "honest money." and of "protecting the nation's credit," John Sherman and his conspirators deliberately robbed the government whose Interest they had sworn to protect, and Imposed this tremendous burden on the debtor classes of this and all other countries. Does the Pest dare to tell the whole truth?

SILVEU MEX'S OPPORTUNITY. If the silver men of the" United States have intelligence enough to know their opportunity they can speedily bring about a restoration of the double standard bj urging forward the unconditional repeal of the Sherman law. This will seem absurd to many at first, but a little consideration will show that it Is not. The great obstacle in the way of international agreement on silver coinage has been England, but England has now put herself in a trap by forcing a gold standard In India and agreeing to redeem the rupee at the rate of Is 4d. The slory of the result of that action is told by the press dispatches thus: "The confusion of the official mind in this matter Is regarded generally as complete, and it baffles the skill of the best financial authorities in London to construct a method from the fragmentary facts et hand. The consensus of opinion is, however, that the Indian council has committed a gigantic blunder. On the stock exchange the council Is believed to have got itself in the worst muddle that any reputable government ever gathered round it. The shrinkage of values on the stock exchange in consequence of India's action Is estimated to have been already 30,000.000. The loss to commerce has been incalculable." At the same time the British financial papers, which have heretofore opposed international bimetallism, have abandoned their ground and "are discussing favorably the project of an international agreement as the best way out of the trouble. As a basis of. the agreement they suggest the free coinage of silver at the ratio of 20 to 1." The reason of the change is evident The arbitrary value fixed on the rupee makes its coin ratio about 1 to 21, but the subsequent decline makes its market value ratio about 1 to 29. In other words, instead of being worth Is 4d, the silver in the rupee is worth now about Is Id, and English bankers realize that England has taken on herself the maintenance at a premium over actual market value of the enormous silver coinage of India, No wonder that English sentiment is beginning to call for relief from this situation, but there is no permanent relief that can be obtained except by an international agreement that will fix a ratio of equality between gold and silver coin. Under the circumstances, our policy I would seem clearly to be to force England j on. The more sliver depreciates the more necessary it will be for England to escape from her situation, and the more ready she will be to agree to bimetallic coinage at a reasonable ratio. If we stop the purchase of silver now compelled by the Sherman bill unquestionably there will be a still further decline ; in silver, and we will be in a better posi tion to bring England to terms. The United States can lose nothing by it. The greater part of the silver coin for which she is responsible is already, in her treasury vaults, and most f the silver bullion in the country is there also. On Jan. 1. 1893. there were in the U. S. treasury $3T5,054,049 in silver dollars and $62,822,936 In circulation, and $99,824.220 "of silver bullion, as against $637,879 outside the treasury. A temporary depreciation of this stock can do no harm, and the subsequent advance, when international bimetallism is agreed upon, will give a j handsome profit to the government. This i country is in better shape than any other t to force a temporary decline in silver and an- ultimate return to universal free

coinage at an agreed rate. It is our ,

opportunity to force foreign countries to terms. One of the most sensible things that has been said about silver coinage was by Mr. Henry Knlppenberg of this city in a recent interview. Mr. Knlppenberg is manager of the Hecla mine of Montana, one of the largest producers in the country. He is a silver man by interest ( and by conviction. He says: "Let America, England, Germany and France unitedly agree upon a fixed and fair ratio between gold and silver and then stand by it, the troublesome question Is settled, and the question can never be settled any other way. Whenever the four great nations of the world are taught by hard experience that gold is not sufficient silver will be restored and everybody will recognize Its full value and royal glory. The surgeon must set a broken limb right or else it will pain or disfigure the man. That is the trouble now with silver. When silver was demonetized the financial man had his right leg broken, and Surgeons Bland, Allison and Sherman have shown themselves financial quacks, Incompetent surgeons. The leg has never been set right." This is simple truth. The silver leaders In congress have not understood their business. John Sherman has been "playing horse" with them for twenty years. Instead of wasting any more time in nonsense they ought to push straight forward to international bimetallism, and the first necessary step Is the repeal of the Sherman law. SMASH Til 12 PLATE-GLASS TRl'ST. It is be regretted that a paper which is commonly supposed to have clear views of the tariff question, such as the Springfield Republican, should occasionally become befuddled and confuse its readers by the adoption of pretectlonist Ideas. The Republican suffers such a fall from its high estate in the following: Another Industry overstimulated by excessive tariff has organized a trust to escape the naturally demoralizing effectsthe plate-glass manufacturers, more than half of whom have formed the National plate glass company with a capital of JS.OOO.OOO. Now the factories have been shut down for an Indefinite period owing to overproduction and close money. It is not foreign competition which troubles them so much as home competition Invited by the possible monopoly profits held out by a tariff of over 100 per cent. Natural conditions would seem to be able to stimulate competition plenty strong enough without calling to their aid excessive protective duties, which in the end drive capital Into these high-handed attempts to beat down all competition. What does the Republican mean by overproduction? Evidently it means that more glass is produced than is used under existing circumstances and at present prices. If the plate glass manufacturers had done what the protectionist theory provides they should do; 1. e., reduced prices on account of domestic competition, the market would at once enlarge and the socalled overproduction would cease. Competition, whether foreign or domestic, reduces nothing but profits. There is nothing "naturally demoralizing" about It. On the contrary it is the natural and healthful agent of symmetrical development of industries. When profits in any business are abnormally large capital is attracted to it and competition brings it to natural relations with other enterprises. When profits become too small capital Is withdrawn, unless by combination profits can be lestored. In the plate glass business prices have not been reduced to a point to cause a loss of profits. This is certain because there has been a continual importation of foreign plate glass, notwithstanding the enormous duty imposed on it. There cannot properly be said to be any overproduction of plate glass in this country so long as we import more than a million dollars' worth per annum. But the plate-glass trust is not interested in the question of production further than as it affects prices. The members do not want any extension of their market. They know that an increase of price will result in a decreased use of plate glass and that a decrease of price would produce an increased use of plale glass. Their object is to restrict its use and restrict its manufacture for the purpose of increasing their profits. They care nothing for the fact that hundreds of men will be thrown out of employment. They care nothing .for the fact that property in the neighborhood of their works will depreciate in value. They care nothing for the fact that their combination Is criminal in character and punishable under the laws of the United States. All they want is more profit, and they are enabled to get it because of the tax imposed on plate glass. There is an easy way to smash this trust, as well as hundreds of others. Take away the tariff wall behind which they are sheltered. If we need any revenue from plate glass reduce the tariff to a strictly revenue basis. If not, wipe it out altogether. 0 CAISE FOR ALARM. Comptroller Eckels has gained the confidence of the country as comptroller, and he is now making strides toward a reputation as a statesman and a financier. In his remarks at the dinner of the Union . league club he most sensibly said: "The condition which confronts the American people Is one that deserves the thoughtful attention of every citizen who has at heart the interest of the country. It Isn't a time of panic, because we have passed the period in our history when a panic Is a possibility, but it Is one of slow liquidation, the result of undue speculation and unwise financial legislation. Nothing is to be gained by taking on a fright that is unwarranted by either the Immediate past or the immediate future. What the American peo- j pie ought to do In the midst of the failures that have occurred is not to give way to uncalled-for alarm, but to study the character of the Institutions which have failed, the causes which have produced them and the localities In which they have occurred. After such a study let them view the solvent institutions

everywhere about them, and the conclusion that must irresistibly follow is that the legitimate life of the country is not threatened, but instead will come out of the present turmoil the stronger for having passed through it." It would be an excellent thing for every man in the country to consider these statements carefully. The first phase of the presem. movement was a fear that the government might not be able to maintain the gold "basis" in the face of gold exports to Europe. That has passed away completely. Today you can scarcely find, a person who has any fears as to the stability of our currency of all kinds. The foolish talk about depreciated silver coin had Its temporary effect, but everyone now realizes that silver and paper alike are on a gold basis, and as long as the country exists they will be worth gold, dollar for dollar. That foolish craze has passed away and now we are dealing only with its effects. There was an unusual demand for money, an unusual call on banks, and a contraction of credit. A few weak banks failed and the reliable banks were forced to prepare for any call that might be made on them. This precipitated liquidation, and slow liquidation will necessarily continue until the banks feel safe in resuming former business conditions. It Is not probable that this condition can last long. The drought and failure of crops in Europe have already made a demand on this country that has almost exhausted the surplus stock of last year. Hay Is selling abroad at unheard of prices. Wheat is still low. but is certain to advance soon. Our June exports of wheat were but slightly in execss of last year's, but the first two weeks of July show 7,812,530 bushels exported, as against 4.643,659 for the same two weeks last year. Eastern papers report that every available bottom is chartered for grain export, and the movement of the new crop will, therefore, be much more speedy than usual. This export will of necessity move money to this country, and within five or six weeks, at the outside, there will certainly be a return to easy conditions. This is hardly open to doubt, for every condition favors it, and there is nothing In view to prevent it. Usually there is during the summer months a large transfer of money from this country to Europe by tourists, but in the present season this travel is estimated by the steamship companies at only 55 per cent, of the usual amount, and at the same time there is a heavy Increase In the travel to this country, which is to be acounted for by the world's fair. This fact is favorable to the speedy return of normal conditions, and so. too, is the war-cloud in Slam. If it were merely a question between France and Siam this would be of little consequence, but England's traditional policy is to oppose the lodgment of any other country on the boundaries of India, and a conflict between any two European nations means a continental war. Of course, actual war may not come, but" there will very probably be a mobilization of troops and a gathering of supplies that will call for the export of all our surplus products. The probabilities are that the existing depression will pass off as quickly and completely as the great bank panic of 157. A very forcible illustration of the decline of prices Is made by the comparison of June exports for 1S92 and 1S93. Our exports of corn were larger this year than last by 1.600.000 bushels, of barley 400.000 bushels, of flour 100.000 barrels and of wheat a slight increase, yet on account of low prices the value of the exports of breadstuffs is $536.000 less than last year. Of cotton we exported over 9,000.000 pounds more, but received for it $180.000 less. Of oil we exported 22,600,000 gallons more and received $460,000 more, but this was $770,000 less than would have been received at last year's prices. And yet there are people who hold that silver has decreased in price because it is too abundant.

ET CETERA. A bunch of sweet clover is said to be the best known agency for driving files away. Plain linen damask looking like a piece of satin is the favorite table cloth just now. Wide Awake has been transferred to the Century company and is to be absorbed in St. Nicholas. Capt. Magnus Andersen, who brought the ship across the water, says that Viking rhymes with seeking. At an Inquest held on a case of sudden death recently the jury was on Its way to view the remains when the foreman suddenly fell down and expired. Walter Besant's favorite among his books is "Some French Humorists." In this opinion he will receive the support of most of his readers. The book is tilled from cover to cover with information and at the same time is delightfully amusing. Gabrlelle Greeley, daughter of the founder of the New York Tribune, is married to the Rev. F. M. Clendinin, pastor of a fashionable church at Westchester, N. Y. She is active in all the charitable work in the parish and has done a great deal toward building the hospital, which Is now nearly finished. Among the new patents is one to hold runaway horses. It Is fixed under the driver's seat, the buckled ends of the reins passing through It. By a movement of his right hand the driver can start the revolving motion which tightens the reins to any extent. "The Ready" the machine has been named. .The British government ten years ago offered a reward to any of its army officers in Burmah who should learn Chinese. As not one has been tempted so far, the reward has been raised to Jl.ono. After passing a preliminary examination officers may go to China for a year to study, drawing full pay meanwhile. Robinson is a few miles from Paris. It is a famous tet garden, where hangs a large oil painting of the gentleman whose other name was Crusoe. There is a famous tree there and guests take luncheon in the top Of It, hauling up their supplies in a basket. The prince of Wales some time ago ascended the tree by the stairway. Among the dead resting at Mt. Auburn cemetery, Cambridge, Mass., are Louis Agassi. Henry W. Longfellow, James Russell Lowell. Edwin Uooth, John Lothrop Motley, Rufus Choate, Charlotte Cushman, Edward Everett, Charles Sumner, Anson Burllngarne, Margaret Fuller-OssoM, Dorothy Mix. Phillips Brooks and William Kile ry Channlng. To cure nervousness your nerves must be fed by pure blood. Hood's Sarsaparilla makes Dure blood. Take it how.

THE WAY CF THE WORLD.

"The old-timer Newfoundlander will believe anything," said a former nativ to the New York Times. He continued: "I was in St. John's, N. F., in April, 1886. "We had not any mall from New York in three or four weeks, and I was crazy for my New York Times. The steamer Portia was In the bay of Bulls, nine miles from the harbor, surrounded by floating ice and unable to get in. We were waiting for the wind to change and blow the Ice off the coast, so that she could come In. "A lot of Americans were waiting on the custom house wharf to get news of the vessel, when I said to a custom house officer who had never been off the coast, and had always previously been a fisherman: " 'Why don't they do with the ice here as we do in New York? We used to have the ice like this in New York, but we don't have It now.' " 'What docs ye do wid it, boss?" asked the officer. " 'Why.' I said, 'we melt it.' " 'Ye melts it! And how does ye do dat. bofcs?' " 'Why,' said I, 'we have steam pipes under the harbor, and they warm the water and melt the Ice. " 'My lorf, boss, but dey are great people up dere. But dey would never do a ding like dat here. W'y, when dey put up dose pieces of wire and two stones. and set fire to 'em, dese people wouldn't believe 'em till dey set fire to "em and showed us the lightning.' "That night the 'hay nodes' in Yankee Walshe's were assembled, drinking Scotch whisky. There were two compartments in the place. In one the guests sat, and In the other the 'bay noddies.' who got the same whisky we did. only they paid 5 cents for It, while we paid 10. They were not allowed to come in and mingle with the swells. "This night there was a terrible rumpus among the 'bay noddies,' and tha proprietor brought us word and said they held me responsible for it. I went In, and my custom house oü'.cer was holding the fort and had knocked one sailor flat. " 'Dere now. dat's de gentleman a told me as how dey melt the ice in New York harbor. D'you suppose as how ht tell me a loie?'" Now it is announced that possibly MaJ.-Oen. Schofield may 1 mal the subject of investigation by a court martial. It seems that the dudes around the adjutant-general's office have been desirous of adding to their uniform a. little device known as the aguiiette. This decoration was formerly worn that Is, a century or two ago, before ther was any such a thing as the United States army, or even before such- a thin"? as the United States. But - it's pretty, and would add materially to the dandified adjutant-generals' personal appearance. Just before Secretary Elklns retired he issued an order to Maj.-Gen. Schofield that the aguiiette be added to the uniform of all staff officers. Oen. Schofield. instead of promulgating the order, quietly pigeon-holed it, much to the disgust of the staff officers seeking adornment. Nothing so far has been done about the matter, but it Is understood that Secretary Lamont will gtv It attention soon after his return to Washington, and the spectacle may be presented of the actual commander of the army undergoing a court martial for disobeying the orders of his civil superior. Daniel Monahan, a hod carrier of Yonkers, N. Y., was arrested last night and locked up on a charge of killing his wife, says the New York Herald. Monahan kicked her In the abdomen. She fell to the floor writhing in pain, and her screams of agony could be heard far up the street. A physician was summoned but he could not save her. She was soon to become a mother. Father Navier, the parish priest of the church which was attended by the Monahans, was also sent for. Monahan met him at the door and refused to allow him to enter. The priest tried to force his way past and Monahan then assaulted him. Father Xavier, who has the reputation of being an athletic man, grabbed Monahan by the collar and thrashed him with a heavv cane which he carried. He did not desist, although Monahan cried out for mercy, until the cane broke. Then the priest threw the man into a corner and entered the room. From the wide and wind-swept plains of the West came" blizzard, and, although it has been suggested that the word is a survival of some local British dialect, the West still deserves the credit of having rescued it from desuetude, says Blander Matthews in Harper's. From the logging camps of the Northwest came boofl), an old word again, but with a new meaning, which the language promptly accepted. From still further west came the use of sand, to indicate staying power, backbone what New England knows as grit, and old England as pluck (a far less expressive word.) From the Southwest came cinch, from the tightening of the girth of pack-mules, and so by extension Indicating a grasp of anything so firm that it cannot get away. Dr. Hugh C. Hendry, president of the Nev ark board of works, called on President Cleveland list week, says the New York World. Mr. Cleveland-and the doctor have met frequently. "You're looking well," the doctor said. "I am feeling well," replied the president. "The cares of office or the importunities of the office-seekers don't seem to trouble vou very much." "No, indeed." said Mr. Cleveland, laughingly. "The only thing that bothers me is that I haven't any influence with my administration and can't get any friends of mine appointed to offic . The secretary there (looking at Secretary Smith) anil the other fellows are more successful in that line than I am." Boston has another queer character to interest it an old man of seventy-six years, calling himself professor, whos name is James W. Holden, and who home is in Otisneld. Me. He contends that the earth s fiat, and that one could stand on Monument Hill on Boston Common "and :-ee China" if the air were clear enough. He says: "If you turn a grindstone hard, the water files off. And If you turn harder still, the grindstone bursts. If your grindstone won't hold together, how do you s'pose the earth will hold together when it's whirling around at such an awful speed as that?" Here are four pretty lines written by Princess May of England: "If each man in his measure would do a brother's part To cast a ray of sunlight into a brother s heart. How changed would be our country, how changed would be our poor! And then might merry England deserve her name once more!" jlay "Did Chawley get on his knees when he proposed?" Margery (blushing) "No; I got on them!"

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