Jasper County Democrat, Volume 1, Number 30, Rensselaer, Jasper County, 5 November 1898 — Page 5

Jasper County Democrat

SI.OO Per Year.

HKU'S BUSINESS H I ' • Established 1867. Incorporated 1894. ■* 1 C. F. MOORE, F. STOSSriEISTER. PftBSIDBNT. fIUSINBSS MaNAQCR. oidesiond Besißusiness coneoe in Nontiem ind.

Address, HALL’S BUSINESS COLLEGE, Cor. Broadway and Sixth St. LOGANSPORT, INDIANA. DR. JACQUES DESSLER, OPTICAL SPECIALIST. RENSSELAER, - * INDIANA. I take great pleasure in announcing to the people of Rensselaer and the surrounding country that I have located here in the Arcade building, above the Daylight Clothing House, as an Optical Specialist. My thorough experience in the profession, with the help of the latest improved instruments, leads me to hope that I shall be able to give my patients full satisfaction, and can promise with responsibility that every case will be treated with special care. Hoping that the people of Rensselaer and surrounding country will give me a trial, I am, very respectfully yours, DR. JACQUES DESSLER. Optical Specialist, NOTICE—I desire to call your attention to the fact that eyes can be examined with the same accuracy at night as at day time. Examination free.

V * - •<PBB WtEKKBr-' CHIpAQO* INDIANAPOLIS A LOUISVILLE NY. Kensselaer Time-Table, Corrected to May 15,1898. South Bound. No. 31—Fast Mall (don't stop) 4:48 a.m. No. 5 Louisville Mail, (daily).. ..10:55 a. m, No. 33 Indianapolis Mail, (daily).. 1:45 p. ni. No. 39—Milk accomm., (daily) 6:15 p. m. No. 3 Louisville Express, (daily).. 11:12 p. m. •No. 45—Local freight 2:40 p.m. North Bound. No. 4-Mail, (daily) 4:30 a.m. No. 40—Milk accomm., (daily).v... 7:31a.m. No. 32-Fast Mail, (daily) 9*5 a. m. •No. 30—Cin.to Chicago Ves. Mail..- 6:32 p. m. INo. 38—Cin. to Chioago, 2:57 p. m. No. 6—Mail and Express, (daily).3:27 p.m. •No. 46—Local freight 9:30 a.m. No. 74—Freight. (daily( 7:52 p.m. •Daily except Sunday. {Sunday only. No. 74 carries passengers between Monon and Lowell. Hammond has been made a regular stop for No. 30. Frank J. Reed. G. P. A., W. H. McDokl, Vice-Pres, and Gen. M'g’r, Chas. H. Rockwell. Traffic M g r, W. H. Beam. Agent, Rensselaer.

Fisher & Norris Near the Depot, Pay Cash ssbSlm 1 gagg j , For Hides, Veal, Eggs and Poultry, and Game in season. • ■ vRENSSELAER, INDIANA. —————e—————————— mil 1 1 We wish to inform the public that we 1 1 1 1 have got permanently located in our Mill at the old Creamery Building, and 1 1 1 1 have a fall equipment of machinery j' 1 1 and are prepared to do alt kinds of 1 j ]i Mill Work. Carpenter and Job Work |i 1 1 and all kinds of Wooden Work. „ 1 1 i| WE GALL FOR AND DELIVER jj 11 Articles to be repaired. When you ]i i| have anything that no else can fix, i| 1 1 give us a trial. 1 , DOKKELLY BROTHERS. J } nisi DINT 'FHONI Ml. MILL 'PHONE MOM. j

I PATENTS

1 Caveats, snd Trade-Marks obtained and *ll Pat- 1 ! i*" 4 budnesa conducted lor Moderate Fttl. !! i 'Our orncc irorroritc UJ. Patent Om» ' ' and we can secure patent in less time than those' | , remote from Washington. «' Send model, drawing or photo., with descrip-# | ition. We advise, if patentable or not, free of 1 , 'Charge. Our fee not due till patent is secured. ';« Pamphlet,, ** Howto Obtain Patents," with' coat of same in (be U.S. and foreign countries 1 i 'Mat free. Address, i C.A.SNOW&CO. i 1 When others fail to suit you in price, style and durability of buggies, wagons, harness, etc., then see Judy and The Lief Buggy Company.

’’W DR. MOORE, Specialist, SKMORHORDS, tl S E ® i i.L Office First Stairs West of Post Office. OFIMSSF.I AFD. livn » diseases of women. **

The college building is one of the best in the city, rooms elegant, equipment unsurpassed, teachers of experience are employed, methods are modern, systematic, practical, in commercial department actual business from the start, in the shorthand department the student has the free use of the typewriter on entering. As a large attendance is expected during the coming year it will be to your advantage to arrange with us at once, lr you do not intend to enter before Sept. Ist. or even Nov. Xst, write us at once and we will'look after your interest. Hundreds of our graduates are holding good positions. ■ l

MOODY & ROTH, Dealers in Fresh* Salt and Cured MEATS ■a Poultry, Game, Etc. Highest Price Paid for Hides and Tallow. OPPOSITE PUB. BQ.. RENSSELAER, IND. PHONE 102. Subscribe for Democrat. Judy and The Lief Buggy Co., will sell anything in their line to you individually, independently of any one else as security. We occasionally out a few sample copies of The Democrat to people who are not regular subscribers, with a view of inducing them to become such. These papers are stamped “Sample Copy,” and anyone receiving such need have no hesitancy in taking them from the post office, as there is no charge made for sample copies. Remember that the clients themselves control the publication of legal notices, such as non-resident, notice of appointment or final settlement, administrators’ notices, notice of survey and many others. Bear this in mind when having occasion to get any legal notices of the above class published, and insist on your attorneys having the same published in The Democrat.

I have private funds to loan on real estate at Idw rates for any length of time. Funds are always on hands and there is no delay—no examination of land, no sending papers east—absolutely no red tape. Why do you wait on insurance companies for 6 months for your money? I also loan money for short times at current bank rates. Funds always on hand' W. B. Austin. FARiI LOANS. I have plenty of money to loan on real estate. A special low rate of interest on farm loans in large amounts, I also Loan money for short time on real estate or personal at current bank rates. 23t8. James H. Chapman. WANTED-TOWN PROPERTY. I have several good Farms ranging from 40 to 400 acres which I will exchange for real estate in Rensselaer. Long time will be given on residue. James H. Chapman. FARM FOR SALE. Quarter section good land for sale on dasy terms; SSOO cash, balance in small annual payments to suit buyer. It is a bargain. Call at once for particulars. Hollingsworth & Hopkins, v Ind. .*&•

Rensselaer, Jasper County, Indiana, Saturday, November 5, 1898.

DEMONETIZATION

Of Silver and What It Has Cost Indiana Farmers. Compreheoafva Tables Showing What They Should Have Received nod What They Did Reoeive u a Reward For Their Toil Blooe 1873 Total lon on Whoat, Corn and Oats Amounts to the Enormous Sum of 8413,902,113. Indiana is pre-eminently an agricultural state. In 1690, according to the oensus report, Indiana had 198,167 farms, rained, including fenoes and buildings, implements and machinery and livestock, at $869,992,787. It would be a conservative estimate to say that Indiana now has 200,000 farms and that their total value, inoluding 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 population are directly associated with the farms of the state ia 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 somuoh is said, capitalized or “watered” as they are, as an investment do not exceed $160,000,000. So mush ** merely prelaotory, designed to substantiate proposition, that agriculture, or farming, is the one great, overmastering interest of Indiana. The Demonetisation of Silver and Prices of Firm Products. It has been asserted and demonstrated beyond proof to the contrary, that the demonetization of silver in 1878 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 1878 have prevented them from receiving many millions of dollars which ought to have rewarded them for their toil and anxiety. The question ia so momentous and so far reaching ip its consequences as to lift it far above partisan clamor, for it is partisan only to the extent that parties may seise 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, eta, but which in no wise modify the startling facts, that with the decline of silver consequent upon demonetisation, farm products, keeping step to the mournful musio, 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 looses they have anitained by the decline in the prioe of their products sin— 1878 will be in order. It is not contended, nor is it to be denied, that other agenoi— have been in operation whereby the price of farm products have declined, bat that the demonetisation of silver, and the consequent decline of that metal has been the chief factor in producing the misfortunes of the fanners of Indiana is assarted, and the facts warrant the conclusion. D—llae In the Pel— eg Ml— and Farm Prod not#. From 1878 to 1887 the prioe of silver declined from $1.09 per out— to 47 cents per ounoe. a fell of 86 cents per ounce, or 88.96 per oenL Daring the years from 1878 to 1898, wheat deolined from $1.16 per bushel to 89.8 oents a bnshel, a fall of 69.7 oents a bnshel or 45.36 per oenL From 1878 to 1808 com deolined from 48 oents a bnshel to 10 oents a bushel, a fall of 18 oents a bnshel or 87.06 par oenL From 1878 to 1896 ante deolined from 87.4 cents a bnshel to 99 oents e bushel, e fell of 16.04 oents a bushel, or 41.17 per oenL From 1878 to 1896 rye declined from 76.8 oents a bushel to 40.8 oents a bnshel, a fall of 36.6 oanta a bushel, or 46.6 per cent. Daring the same period barley declined from 91.8 oente a bushel to 83.8 oents a bushel, e fell of 69.3 —nU e bnshel, or 65.7 per oenL From 1878 to 1897 bey deolined from $18.65 per ton to $6.69 per ton, e tell of $6.98 per ton, or 61 per oenL From ls7s to 1806 potatoes deolined team 70.5 Cents per bnshel to 96.0 oents per basheL e tell of 48.9 oents a bushel, or 61 per oenL The— figures, relating to the prioe of farm product* for the periods stated, are taken chiefly from estimates pre-

pared by tbs United States department of agriculture, and include the whole oountry, 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 have suffered by the deoliue in the price of farm products, to give each year from 1878 to 1898, nor, iudeed, to select the most disastrous years to farmers, but to iotroduoe authorstive date# of a number of years calculated to pro duce and rivet conviction that the de monetization of silver in 1873 has been productive of disasters to the farmers of IndLma so enormous in their sum total as to tax credulity and amaze the people. Wheat. Indiana is a wheat producing state, and it would be interesting to show the snm total of the produot of the great cereal fgf all the years since 1873, bat ripce that c&qnot be done for the want of space £Bd the neoessary data it mast suffice to introdnoe ihe produot of only a limited number of years, showing the decline in prices as oompared with 1878, when silver was demonetized. Tables showing the deoline in wheat in 12 years, consequent chiefly upon the demonetization of silver, which declined from $1.02 in 1878 to 47 cents in 189 f:

TOTS I i 2. § YEARS l s* 5 * flv j :p:5 #8 : b.^a.9? iB6O. 4H~W,088 * )5’575877 lt*a.... 46,928,648 l.isaMiifl.ft 1884.. 40,531,31X1 1.15 64.550.$ 80,492,206 12g4„. -8,750,784 1.15 92.0123,0 IXI 58.306,798 1.15 83.9 31.1 18,183,102 1892. 41,130,144 1.15 03.0 53.0 21^*^ 1891.. 57.792,6* 1.15 49.1,65.9 1895. e.o'TLOOU 1.15 50.6 te.O M4*,lop 1897 -*4,574,863 1.15 72.8 42A. 1898..

Total loss to farmers of Indiana in 12 years M 198,61**®*® 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 1878 oonld have been obtained for calculations, the snm total would have approximated $300,000,000, and as “dear money,” makes farm products cheap, farmers may feel assured that with the establishment of tiie gold standard and the permanent demonetisation of silver, still greater loaaes are in store for them. But the losses sustained by the decline in wheat is but a portion of 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 deoline of prices in corn, as shown in the following tables. Table showing that the decline of silver from $1.02 per onnoe in 1878 to 47 cents in 1897, oost the farmers of Indiana $184,708,470 in the deoliue of corn lor the years tabulated.

ft! iltef tears. ;! |i° != |s.| fl | !i f mm • : 7 ijl is ; IRggl 1680.. 80.9W1.696 48 39.6 5.4 4,378,447 1884 89,139,799 48 35.7 12.3 10,966,655 1885.. 115,154,914 48 32.8 15.2 17.532.506 1386.. ...... 108,217,200 48 36.6 11.4 12,i*).7»0 1888. 128.436,284 48 34.1 13.9 17.852,843 1869. 106,542.161 48 28.3 19.7 20,988,805 1891 135,092.649 48 39.) 8.9 11,184,145 1896. 132.106,105 48 25.3 22.7 29,987,485 1890. 148,578,898 48 21.5 28.5 32,884,662 1898. 143,301,404 48 130.0 18.0 26,730.362

Total loss to farmers........ *184,708,470 It will be seen by reference to the foregoing table that the farmers of Indiana in the 10 years tabulated have lost by the deoline in the price of corn, M compared with 1878, when silver was demonetized, the enormom snm of $184,706,470, or an average of $18,470,847 S year. That the deoline in the inice of oern was owing largely to the deoline in the prioe of silver is shown in the fact that while silver declined from SI.OB per onnee in 1878 to 47 cents in 1897, corn declined from 48 oenta a bnshel in 1878 to 80 cents in 1898. Table showing that the decline in oats for the yean tabulated, consequent chiefly upon the demonetization of silver, resulted in a loss to Indiana farmers of $80,688,977.

f{! §|P!f YKABS. • § i ! I ; | sfFalri;? I I PI llr \ jMfcHi 1879 11.804,040 87.4 83.1 4.8 807,878 1860.. 1M0\832 37.4 86.1 1.1 169,464 1883.. 19,567,789 37.4 88.7 4.7 9)9,685 1884.. 24.576.11? 87.4 27.7 9.7 *,*86,878 1885 55J580.03; 87.4 28.5 8.9 M 47.92! 1888.. *8,330.11* 87.4 *9.8 7.6 2.168,1*7 1888 *7,498,857 37.4*7.8 2.6 *.639,410 1880 *8,710,985 87.4 **.9 14.5 4.103,066 1801 *8,123,189 37.4 81.5 5.9 1,669,968 1808.. *4,6)1,831 87.4 19.9 17.5 4,806,320 1806.. ....... 23,680,234 87.4 18.7 18.7 4,439,886 1888 88,490.4*4 *7.4 22.0(16.4 5.157,604

Totar toss to rarniers on oats in 18 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: Loot sustained by the decline In wheat •198,614,666 Lose sustained by the decline lu corn 184,708,470 Lose sustained by the decline in oats. 30,638,977 Total loss for the years named *413,963,113 When it is considered that less than one-half of the years Bince 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 I admitted that the sain total of losses, if i all the 'year® were included of losses, I woold reach at least $900,000,000. We have iif years in which the product of barley is given in statistical tables, showing the sum total of the produot at 5,639,399 bushels. In 1873 the price of barley was 91.5 cents a bushel, and it declined to 32,8 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 $1,5§4,671. The rye produot of the state for 12 years, for which statistics are available, amounted t»8,552,183 bushels. The decline in prioe from 1873, when it was 76.8 cents a bushel, to 40.§ Qents a bushel in 1896, the loss was 85.6 cento per bnshti, assuming bushel was the average, the loss to the farmers amounted to $1,513,731. The facts stated indioate clearly that the prioe of farm products in Indiana have kept pace Witp the decline of eilyer since 1873, and that while there have been occasional reactions in prices, such for instance, as short crops at home and abroad, the downvy&rd M* earned, aS Soon &si*uHlo»B 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 standafd and the outlook now, with wheat at 62 cents a bnshel, and that a gambling prioe on change and bncketshop 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 oonntry, for nntil the farmers are prosperous it were folly to indulge the idea that the country is prosperous.

THE DISHONEST DOLLAR

Silver Good Enough For the Soldier, but the Bondholder Is Paid In Gold. The Government For Tears Mad# and Circulated "Dishouest Dollars,” Oolj to Find It Out In 1873, and Five Tears Later Went Into the “Dishonest Dollar” Bnslness Again. If the people of Indiana, believe the half, or the 100th part of one-half of the moothings and vaporings of the gold bags and their henchmen about the silver dollar, they mast conclude that the government, from its foundation, has been engaged in coining “dishonest dollars,” and that when it was not coining “dishouest dollars” at its own mints, it went into the business of making Mexican, Spanish and the dollars of other nations “dishonest” by affixing a dishonest value upon them and made them pass current at such value in the United States. Under every administration, from Washington to Orant, this thing of ooining “dishonest silver dollars” proceeded unquestioned, bat, in 1873, that paragon of integrity, John Sherman, saw the monstrous dishonesty of coining silver dollars of 412 % grains of standard silver, and by perpetrating a fraud in the interest of Judas Iscariots, the money bag holders pf the nation, pat an end to the coinage of “dishonest dollars. ” No one knows, or will ever know, the amount of swag John Sherman secured by this act of treason to the people. It is only known that, on $6 ,000 a year, he became a multi-mill-ionaire, was kicked out of office by William McKinley and left, in his old age, to reap a more abundant harvest of obloquy than has fallen to the lot of any native American since Benediot Arnold set the example of selling his country for British gold. The fraud perpetrated by John Sherman delighted every goldbng In the land, just as Arnold’s treason won the applaooe of the Tones in the war of the revolution. Bat, it appears from the records, that the people of the United States were so enamored of the basin— of ooining “dishonest dollars” that in 1878, after living five years with the mints closed to the ooinase of “dishonest; dollars.” a

VOL. I. N 0.9

fearful epidemic of dishonesty settojW upon the people and swept over tigM country. And again the mints went] opened to the coinage of “dishonest! dollars,” and this swelling tide of iqnity and astounding cussedness roUfllH on till more than 400,000,000 of honest dollars” were coined—doUanM which in the high wrought indignatidfl of a Republican campaign openers imm dared to be “two-fifths lies,” and aoeSJ no reason why the government may nofe'J go to the extreme and coin a whole st|9 ver dollar lie, upon the ground, that isl the government puts in circulation Sj dollar which is “two-fifths” a lie, it may ] with equal propriety put in circulati.Q||| a dollar five-fifths a lie—in fact, go intol the counterfeiting business under thflj constitution and laws enacted in coals formity with the constitution. If any one will go to the trouble ot 1 reading the campaign opening addretotj of Hon. Albert J. Beveridge at Tomlin-j son hall, delivered some weeks since, ifc ] will be seen upon what sort of oratorio-1 cal rations the distinguished speaker fedJ his audience. It is not to be assumed that the Be- < publican campaign opener, though regular Yesuviau orator, made any converts from the ranks of silver Republicans, or in any wise demorafimm Democrats, bat hto to the w* honest American dollar indicates qoitt£ conclusively the kind of financial litersture that suits the Republican party, fl The American dollar, which the gold* bags delight ia debouncing as dlshqpMn and “two-fifths a lie,” if these epithets were warranted, would present tte United States before the world as a nation of knaves, coining dollars “two** fifths” a lie. and compelling the people to accept them as if they were honeri dollars. To quote Mr. Beveridge verbatim* he said: “If the government stamp can make a piece of silver which yoe can buy for 45 cents pass for 100 bento * * * aud if the noreminent lies two-fifths in decaf-*, ihg illdt 45 cents is 100 cento, why not lie thi'bg'fiftltt and declare that nothing at all is I<3o cefifs?” This sort of rant is accepted as finaa-' cial gospel by the Republican press »mI the Repnblican managers of the paign, and yet, when their attention ia called to the fact that the dollar theyv denounced as dishonest, and as lies, are paid ont to soldiers, they are then compelled to accept the Democratic pari- '; tion relating to the honesty of the silver dollar, that it is a standard coin, irredeemable, sound as gold, constitutional and primary money, a legal tender for all debts, public or private, and that its coinage now, as in 1792, meek* every reqnirement of sound money. To this the Republican goldbngs are driven, or be compelled to admit they have paid ■oldiers in “dishonest” money. Bat this fact in no wise relieves them of the odium of mendacity which they have earned by their puerile and studied slanders, heaped upon those who have sought with patriotic persistency to temonetize the silver dollar in the interest of all the people. Bat the Repnblican party, by paying silver dollars to soldiers and refusing to pay them to bondholders, has placed itself on record as a party making a distinction between soldiers and bondholders. The party regards silver as inferior money and gold as superior money. In paying the bondholders it surrenders its option and pays them tot gold. In paying soldiers it exercises its option and pays them in silver. If ri!» ver Is good enough for soldiers, it to good enough for bondholders, and this, if the case were submitted to the people would be the verdict. And the Democratic party does submit the question to the people of Indiana and asks for their verdict at the polls on Nov. 8, 1898. The facts are as stated. The government is placed under obligation to soldiers of a higher character than its obligations to bond holders. These soldiers performed patriotic service; they placed, their health and their lives in peril to serve their country. It has been said, end truthfully said, “There is nothing too good for soldiers.” If the Republican party believed that, it most pay las soldiers in gold, because it says “gold to the best money.” It is the money whldk it pays to bond holders, but U does not pay the soldiers in the money it pays to bond holders. Bond holders will not have silver which Mr. Beveridge characterises as “two-fifths” a lie, bnt it does peg such silver coins to soldiers, and dose not permit them, as it permits hoed holders, to qfeoose the kind of money they will aocept. If, as they are compelled to do, admto that silver dollars are “sound mangy," sound enough to pay soldiers, why nek pay it to bond holders? Let Republicans answer, if they can. Indeed, the Democratic party of Indiana insists they shall answer, or sit as dumb as an many bronze dogs on the front steps at S plutocrat’s palace. The Rothchiids proclaim that they have nothing to do with silver, that their transactions are all in gold. The same Is equally true of Mr. J. Pierpont Morgan, the Wall street Shylook. Theae speculators in gold have no nse for stiver, the money of the producing ulsssa*. J who rarely if ever 493 • told coin,