Jasper County Democrat, Volume 7, Number 48, Rensselaer, Jasper County, 4 March 1905 — Page 7

STATEMENT OP THE CONDITION OP THE FIRST NATIONAL BANK OP RENSSELAER. IND.. JANUARY il, 1905. k t ' ■ , , RESOURCES. LIABILITIES. Loans ...„ *230,746 54 Capital Stock $30,000 00 U. S and County Bonds ... 36,100 00 Surplus and Profits 13390 86 Bank Building 7,000 00 Circulation- „ 7.500 00 Cash and due from banks 87,883 00 Deposits. 310,438 68 1361,729 54 . $361,729 54 DIRECTORS, A. Park Ison, John M. Wasson. E. L. Hollingsworth, President. Vice-President. Cashier. ■ Janies T. Randle. Oeo. E. Hurray. I form hs a span A snore oi Your Poironooe is souciied. ♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦ I HORSES AND MARES FOR SALE, I ▼ J X We have on hand X 500 head of cheap horX ses and mares suitable X for farm and breeding can ▲ for three running from SSO up. VI For particulars see or wr i te our agent, 2 J OHN Kimble, 2 X will give all the desired information. ▲ ±i ABE KLEE & SON $ 1 I 273 North Center Ave., Chicago. ▲ ♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦ I FARMERS! FARMERS! f ARE YOU GOING TOME A SALE? ] X Employ the “Hustling Pair” of auctioneers. ♦ 1 Why? We get the highest prices, we treat - f + your friends and bidders with courtesy, we ♦ T guarantee satisfaction or no pay. Get our ♦ terms before you employ your auctioneer. ♦ | Phone 515-H. HARMON & GRANT, Rensselaer, Ind.: Are You Interested in the South? DO YOU CARE TO KNOW OF THE MARVELOUS DEVELOPMENT NOW GOING ON IN The Great Central South? OP INNUMERABLE OPPORTUNITIES FOR YOUNG MEN OR OLD ONES-TO GROW RICH? I}o you want to know about rich farming lands, fertile, well located, on a Trunk Line Railroad, which will produce two, three or four crops from the same field each year? Land now to be had at from 13.0 1 to *5.00 an acre which will be worth from $30.00 to 1150.00 within 10 years? About stock raising where the extreme of winter feeding is but six (6) short weeks? Of placet, where truck growing and fruit raie'ng yield enormous returns each year? Of a'land where you can live out of doors every day in the year? Of opportunities for establishing profitable manufacturing industries; of rich mineral locations,and splendid business openings. If you want to know the details of any or of all these write me. I will gladly advise yqu fully and truthfully. j G. A. PARK, General Immigration and Industrial Agent Louisville & Nashville Railroad Co. LOUISVILLE, KY.

60 YEARS' EXPERIENCE : JH HMOMmHHHte; I V k J gJ * L ” lil I j i ■ p^i 1 I n k ■ I Trade Marks Designs ’ FMI” Copyrights Ac. Anfon® sending • sketch end description may quickly ascertain our opinion free whether an Invention Is probably patentable._Communlcattons strictly confldentlal. HANDBOOK onPatenU sent free. Oldest agency forsecurtnapatenu. Patents taken through Munn A Co. receive i peeial notice, without charge. In the Scientific American. A handsomely illustrated weekly. largest circulation of any scientific journal. Terms. |3 a year: four months, $L Sold by all newsdealers. MUNN SCO."’'"-"* New York ” Branch Offlce. 62S F Bt_ Washington. D. C. SO YEARS 1 EXPCRIEMOB. Our CHARGES ARB I TBS LOWEST. Send model, photo or sketch for I expert search and tree report on patentability. I oourta Patents obtained through ns, ADVER- I TISEO and SOLD, free. TRAOf-MARKS, RKR- I Slows and OOFYRIOMTS quickly obtained. I Opposits (J. A Patsnt OffloSy I J Bead The Democrat for news.

NOTICE TO NON-RESIDENTS. The State of Indiana, ? Jasper County, 5 Jasper Circuit Court, to April term, ’OS. Francis M. Hershman vs. The Bailey Oil Company, (Corporation). Now comes the plaintiff by Ferguson. Hershman & Ferguson, his attorneys, and Hies his complaint herein, together with and affidavit that the defendant is a corporation, and a non-resident of said County of Jasper of the State of Indiana, and that its residence and place of business is unknown. Now, therefore, the said, The Bailey Oil Company is hereby notified that unless it be and appear on the Ist day of the next term of the Jasper Circuit Court, to be holden on the 2nd Monday of April, the same being the 10th day of April. 1005, at the court house m Rensselaer, in said County and State, and answer or demur to said complaint, the same will be heard and determined in its absence. In witness whereof, I hereunto set my , hand and affix the seal of said j seal 1 Court, this 4th day of February, 1906.’ C. C. WARNER, Clerk of the J asper Circuit Court. t 5 PER CENT LOANS. We can positively make you a loan on better terms than yon can procure elsewhere. No “red tape.” Commission the lowest. No extras. Funds unlimited. See us before borrowing or renewing an old loan and we will save yon money. IRWIN & IRWIN. T. O. O, F. Building. Get your horse bills printed at The Democrat office. Bay yonr farm leases, deeds, mortgagee, etc., blanks at The Democrat office.

TRUTH ABOUT THE TARIFF.

Different nations trade with each other for the same reasons that induce trade between individuals, that is each gets something he wants more than he gives. All surplus production of any country must thus be disposed of, else it would be wasted or not produced.

For a long time, people thought that the only real wealth was money, (which is now only the idea of the miser) and consequently a nation that could export more goods than it had to import, thus bringing a money balance, was supposed to be prosperous. In order to encourage manufacturing at home, thus lessening the necessity of importing, and thereby iucreasiug the money balance, a nation would place a tariff on the desired articles, thus keeping the foreign goods out, or making the people of the protected country pay the tariff difference to get them. Thus the home producer, by putting his price a little lower than the foreign price with the tariff addition, could get all, or nearly all, of the trade. For instance, you want to buy a quantity of silk which, without tariff, could be had from France at SI.OO per yard. In order to encourage the silk industry at home, the law jirovides a tariff of 65c per yard on silk, so to get the foreign article, you must pay the government 65c for each yard you buy, and the dealer SIOO, making the goods cost you $1.65 per yard. The home manufacturerer offers you the same goods for $1.50, so by reason of encouraging home industry, you pay either 65c more than the foreign article is worth or the home article, worth no more, although probably costing more to produce, is forced upon you at 65c more than it is worth. You pay a rebate or royalty to the home manufacturer, or nurse him, as a mother does her young, with the expectation that he will soon be able to shift for himself. But these infant industries should not always remain babies, depending on the parent for subsistence. Imagine a farmer trying to make it pay with a drove of hogs continually increasing, and the young never getting able to shift for themselves, but depending upon the maternal progenitor for existence, and cattle of the same kind, and horses likewise. A very rich farmer, just as the United States is a very, very rich natiou, could stand it for a while, and might think he was making money, but if his pigs always remained pigs, and his calves never grew into steers, and his colts did not grow into horses, how long would he be able to keep them? Now the average farmer would probably stop feeding this kind of stock and let it starve to death for his protection, but the farmer we call Uncle Sam has not tumbled to himself yet, and keeps on feeding his infant industries the tariff food, which, though it keeps them fat and sassy, does not seem to make them grow up and gain the strength necessary to do without it.

The two objects for which tariffs are levied are: To raise revenue for government expenses and to start industries. Few better things could engage the attention of wise and honorable lawmakers than these, for next to the provisions for education and the protection of life and liberty, is industrial expansion, thus making room and employment for greater population, and consequent greater supplies on which the increase shall subsist. But while one nation is building up a tariff wall, other nations may do likewise, and in most cases where a tariff shuts out an article from a foreign nation, that nation retaliates with a tariff shutting out some article from the first.

But since a person, or a nation, cannot buy without first having something to sell, the increase in wealth, if there be any, depends as much upon the one as the other. Therefore, with a tariff to face as a buyer, or the same thing if you are a selietvthe profit you might make out of a transaction, all goes up in smoke, and tariff. If an industry gives promise of its benefits exceeding the cost of the protection afforded by a tariff on the article produced, then the tariff iB well and good, but for a limited time only. Such an industry ought soon to be able to stand alone, not depending on the conntry for support other than to purchase its goods at popular prices, and if an industry should be inadvertently started that with--in reasonable time fails to do this, then the industry is oat of place, and does not deeerve to last. The injury to the few, thrown out of employment by the failure of such an industry, (who would soon be employed at something worth

while) would be small compared to the injury to the many by keeping the industry alive by means of a duty on the articles produced. ,

The tariff is not ordinarily noticed as is an increase of taxes, because it is paid out in a roundabout way. If all present tariffs were collected in the form of taxes, the average family of five persons would have to pay out each year SIOO. (Wright). The tariff ou steel and its products, which enabled the steel trust to make $85,000,000 profits in the first mine months of its existence, were paid by farmers in higher freights to railroads, and by millions of laborers in higher prices for every necessity. Increase in price for one thing calls for the same in another, and so on indefinitely, until everything is highpriced except labor, to which a tariff has never been successfully attached.

Common sense at one time approved of protection, as it also farther back approved of conquest for tribute, slavery, royal grants of privefeges for personal favor, and tariffs between states of the same country. Robert Fulton was once given a perpetual exclusive right to navigate the Hudson River. Market house people once got orders to drive farmers with produce out of the streets of tlje villages. Toll-gates were once common along country roads. Wars were once fought for the sole purpose of exacting tribute, and persons are yet occasionally kidnapped for a ransom The tariffs of to-day, while originally devised for an honorable purpose, are now used in a similar way, that is, to benefit the favored party by forcing value from others, or by preventing them from getting it. A wide-awake people know what industries they want to engage in, and soon learn which ones are the most profitable, and they will engage in them without being paid to do it by the government. A tariff systom devised by the Almighty himself could not benefit some without doing injury to others, and except for the two purposes before mentioned, any nation with abundant resources would make more progress without the tariff than with it Every man is naturally protected without the intervention of the tariff. This is denied by the tariff interests, but a little investigation shows it to true, nevertheless. Since no man gets nor has only what he himself grows or makes, it does not matter if others can make his product cheaper, he can not quit producing and buy of them. Whatever man gets, he must either grow it or make it, or trade something he has grown or made for it. No man can stop producing, for he has to produce in order to live. So the importation of goods can never stop home industry until they are shipped in and given away free. Until we arrive at this grand consummation, the exports and the imports are bound to be about equal in value. As foreign commerce of a country increases, so the benefits of the tariff are greater to the few, and more burdensome to the many. In time this fact will cause a popular uprising of ninety per cent of the people, whom the tariff does not protect, as was the case with the old State tariffs, which were squelched by the Interstate Commerce Law. The other ten per cent of the people, being those that have been benefited by years of tariff, and are consequently rich, will oppose this uprising with all their power and riches, for their money flows freely in such cases, and corruption will ruu riot. We are experiencing that stage now But as matters get worse, people will more urgently demand their rights, and the tariff will be thrown down to stay down. Before the Revolutionary War, England did not only not help the Americans with a tariff, but devised every possible means to keep manufacturing down in the colonies. She wanted the Colonies to furnish the raw material and let the mother country do the manufacturing, seeing the great profits thereof. Notwithstanding all the oppression of the English, however, Colonial manufacturing progressed marvelously until stopped by the' war. After the war industries again sprang up very rapidly, not on account of the tariff, but on account of the Embargo Act for one thing, and unlimited rescources for another.

With all the protection we have had in this coantry, industries have not been started in the sonth to any extent. Except in parts of Alabama and Georgia where the natural resoources are at hand, the south is an agricultural country. Industries are always star ted

aooording to the natural resources of a section, and would be started any way, with tariff or without it.

The tariff does not protect the laborer nor farmer to any extent. Stand-patters will tell you that it does, but that is hot air, worth so much per cubic yard to the standpatter so long as he can get a majority of the people to believe it. Let us see: The duty on steel is so much per ton; every time a man buys a ton of foreign steel he has to pay this amount of duty to the government. In order to protect labor equally with steel, there would have to be a duty of so much per day on foreign labor, so that the manufacturer, every day he employed a foreign laborer, so that the manufacturer, every day he employed a foreign laborer, would have to pay the government the amount of this duty, in addition to the man’s wages. Manufacturers would look upon such a consummation as ridiculous, yet the same thing is being done with a thousand and one different articles to-day. One of tjie main arguments of the standpatters is the fatherly care of protection for the laborer, but they are very careful to keep him so busy with fairy tales about protection and prosperity that he don’t have time to grasp the situation. The present tariff puts a dollar into the laborer’s right hand and takes a dollar and a quarter out of his left. Uncle Sam has built up a strong tariff wall and has left out a gap through which labor may pass free. Close to a million immigrants passed through the gap last year, among whom were the filth and scum of all the European countries. They are attracted here by wages that seem high to them, owing to their low standard of living. They are anything but desirable as fellowcitizens, and they tend to keep wages down to the lowest point. Americans are crowded out wherever they appear, thus overcrowding every other kind of labor and consequently driving wages down. This is j ust what the stand-patter really wants —low wages and high prices—while trying to delude the laborer into thinking that he wants the opposite —high wages and low prices. If labor was accorded the same degree of protection as the majority of things are by the tariff, laborers would receive from twice to three times in wages more than they now do. Years of favorable legislation, conceived and executed by themselves, have made a small body of men fabulously rich, their combined annual earnings being in the hundreds of millions of dollars. Do they really earn this immense amount, or are the people flimflammed out of it? Does not every man, in all the ordinary walks of life, those owning all the way from $50,000 worth of property down to nothing, pay tribute to this gang? •‘Let the tariff be revised by its friends,” but don’t hold your breath till they get the job „finished. *»*

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Incomes of the Grand Dolten. The Russian imperial family number at the present time something like sixty grand dukes and grand duchesses. It is a fact that they would, one and all, be wholly dependent upon the reigning emperor, whose wealth is practically boundless—his minimum income is estimated as being £1.500,000 — were it not that a former czar, Paul 1., set aside a certain number of estates, to which he gave the curious name of “the imperial appanages." The income of these vast stretches of fertile land is devoted to the maintenance of all those members of the imperial family who are not in the direct line of succession. At present time this source of income produces £2.000,000 a year, and the imperial appanages stand In the proud position of being the largest landowner, the most important and prosperous farmer and the wealthiest wine producer in the Russian empire! This is the reason why Russian grand dukes are so amazingly wealthy.

A Sew Theory of Sleep.

An Interesting and novel theory of sleep has recently been put forward by Dr. Claparede, a French scientist, who holds that sleep is a positive function or an Instinct designed to arrest functioning. Dr. Claparede makes the assertion that we sleep not because we are intoxicated or exhausted, but In order to avoid such conditions. Not only are there various kinds and degrees of sleep, but It does not always follow exhaustion. Furthermore, it is well known that sleep is not proportional to the degree of exhaustion, and It may be either total or partial. In measuring the profoundness of sleep various conditions are encountered which are not susceptible of explanation on the toxic theory, but which agree perfectly with the hypothesis that it Is a positive nervous function. The definition of sleep, according to this new theory, la a reaction produced by various excitants and is an Inhibition which manifests Itself subjectively by a lack of Interest In exterior things. Harper’s Weekly.

Sick Headache When your head aches, there is a storm in the nervous sys< tern, centering in the brain. This irritation produces paia in the head, and the turbulent nerve current sent to the stomach causes nausea, vomiting. This is sick headache, and is dangerous, as frequent and prolonged attacks weaken the brain, resulting in loss of memory, inflammation, epilepsy, fits, dizziness, etc. Allay this stormy, irritated, aching condition by taking Dr. Miles’ Anti-Pain Pills. They stop the pain by soothing, strengthening and relieving the tension upon the nerves —not by paralyzing them, as do most headache remedies. Dr. Miles’ Anti-Pain Pills do not contain opium, morphine, chloral,cocaine or similar drugs. “Sick headache la hereditary In my family. My father suffered a great deal, and for many years I have had spells that were so severe that I was unable to attend to my business affairs for a day or so at a time. During a very severe attack of headache. I took Dr. Miles’ Anti-Pain Pills and they relieved me almost Immediately. Since then I take them when I feel the spell coming on and it stops it at once.’ JOHN J. McERLAIN, Pres. S. B. Eng,' Co., South Bend, Ind. Dr. Miles’ Antl-Paln Pills are sold by your druggist, who will puerrntee that the first package will benefit. If It falls he will return your money. 25 doses, 25 cents. Never sold In bulk. Miles Medical Co., Elkhart, Ind

Voiced His Indignation.

Major McDowell, the of the house and formerly a representative from Pennsylvania, has seen arduous speaking service on the stump. In the campaign of 189 G he was sent out over the circuit with an orator of some note, now dead. They were billed at a big city in the western part of the Keystone State, and the orator hod first go. He talked on and on, an hour and then, another hour. McDowell was anxious for an eloquent flight or two, but saw his chances gradually waning as his speaking colleague monopolized tbe time and wearied the audience. At last the orator approached the climax and also the conclusion of his effort in portraying the virtues of William McKinley. “Had I the arms of Atlas,” said he, “I would reach out for a mighty pen.

“YOU HAVE HAD EN3UGH.” I would dip it in the boiuug caldron of Vesuvius, and 1 would write across the heavens, ’McKinley, 1 love you.’ ” There was. of course, a great outburst at this peroration, whereupon McDowell, boiling with indignation that he should have been forced to speak so late at night, was introduced. “Mr. Chairman and gentlemen,” said he curtly, “had I the arms of Atlas I would reach out into the hills and puli up a big sapling. 1 would dip it in the molteu metal of one of your furnaces and write in blazing letters these words: “ ’You have had enough.’ ” Then McDowell sat down, and the political rally disbanded.—Washington Post. Statesmen Don’t Play Poker. It was formerly quite the thing to tell stories about big poker games among the members of congress. Much was said about the “senatorial game,” "millionaires’ game” and the “congressional game,” and always we heard about great bunches of money changing hands, bluffs as high as the banks bf the Mississippi and all sorts of stories. Frequently the senator, representative, diplomat or rich man was named and the winnings or losses told with as much gusto as if they had really happened. There were some pleasant pok er games in days gone by and occasion ally some wonderful plays, but one night, with a few Interesting incidents, furnished material for a month of stories. Some of those who figured in the poker stories became annoyed at the notoriety they gained and abandoned poker entirely. For many yean now there has not been enough poker in the capital to hang a story on.—Washington Post Read The Democrat for news.