Jasper Weekly Courier, Volume 41, Number 44, Jasper, Dubois County, 7 July 1899 — Page 7
Ucchlll (ronviei I I OIMK I'hIi ilirr. j Wl l I I ISIMAN THE GLADNESS THAT IS BEST would not alweys have it fair. I , u I not have bat iimiih layoi fir Isaf "ever beared Ollk .r -t walk In uneventful -. j appolntsasati MM BMMt Uurn To bear before their fortonet iura Mh. doahs? tweet the oritk sratse. j. . h lut smile lay after l.iy .v i vor wait your bck ar.il rail, I . r her w p'i'.'i . . i Tl (dot you have raised wmiM fall! t. fa r look that foil vv vv hen I . neaps ami IrkM bof U " Bfahl 1 ,(. way sweetest. after all.
I ir.-ie l.-a- ui-'li II. llnor W . r iut away awhile -you fuund N.i ict one waiting at the door! Rut Heath was cheated of his prey. Anil he whin shnutn j'iii hear to-Jay Is dealer than lie was before. I iM not have It slw.tv tl N r always walk in easv w..-. A foolish clown alone would ,re T listen always unto praise! I ftiey In heaven are truly Meat Ai d kr.iiw the gladness that is Ut There, too, mutt l-e s.-nn- gloomy 'lays. K kiixt, in Chicago Ttuwe-Horalst
4 Mr. Phineas Marvell
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MBB. Hl DE k pt lioordcn. Mrs. Hyde was n little, dri ! up widow. villi a constitutional toothache snd a inilil, ine k way of lotting the world as it came to her. Por 50 years she had battled against misfort une until the warfare had become .second natuic t her. "'Hut there's one IJussing thai I have to U- thankful for," she would say. Mr. M arv ell has kept true to MM through t 00 the needle totbo pile." Krön this it need not he inferr. d that Mr. Marvell was a loer of the little Widow. Far from it. He was OtU v her best boarder the Imnrder w ho for half a SCOTS of ears had OCCUpIl tl her "first floor lront." and paid Iii hills :.- n i l.i rl v as the Saturday night came around. lie was a bachelor, as any in? tijpos. d a man who was as full of whims and caprices as an egg is of tin at. yet who carried a kindly heart in hi.- boat in beaeal h it all. Hut on thill specia 1 Friday morning his ryes blazed wrathfully the tip of hi- aoac hung forth a crimson flag of Indignation, a .Mrs. Hyde cam. meekly into his presence. "A month's warning, ma'am. ' was all thai he said. lira. Hj de caught at the nearest chair for Rapport. 'Mr. Marvell!" ahe gasped. 'Now. ma'am, it isn't at all worth while la go through any aetata1 saM the bachelor, callously. "I am :i practical man. n-you ought to know by this time. And I'm not in the habit of wasting word-. Put up a Mil. Advert lot. Let your room as soon M J DO can. for 1 move out to-morrow, although, ns a token of respect for your many good qualities. I shall pBJ my bills up to the first of dune." "ha. Mr. Marv.ll!" faintly r ja. -ulated the widow. "How can 1 possibly h.n offended on'.'" "Ask your own roaaelenee, ma'am!" steri.lv retorted Mr. Marx. II. w Because if it'- on account of Pattj and Ik r babfa i -" "It's prerlsely oo that Recount, ma'am. I was awaktn.d la.-t alfjhl bj ttlC scream inj; of a child." "It's evtthag ey-t. eth. pKrdear," int. rpo-ed Mrs. Hy b". "And this morning, on making In qadriea," relentless 1 wentonihe bachelor. "I learned that you had actually t;;ken in your wtdOWCd Oleee and her twin babies. Tw i n. ma'am ! ( RM w ould have lM-en etiouch- tio mucli. in fact but when it comes to tw ins " "Patt had nowhere else to pi, sir," -n i.i Mrs. Hyde, apologetically, "and she'll be useful about the house. I'att ', .. :'...h L'irl. sir!" "I dare lay," said Mr. Marvell. "Put I can't slay in the same house with to Ins QO. as I bafOK remarked, put up a bill as soon as you please.' "Pteaao, sir. I'il put Fatty and the children tin the top floor, where the) can't poailblj disturb you. if " "1 tell mii once for all, ma'am, that 1 cant tolerate children, and I won't! Will um be kind enough to leave me now v" Bo Mrs. Hvde went downstairs to I urst into tears, hack of the pantry door, w here Patty Smith, w ith DOC twin tied in the hi;h chair and the Othct swarming over the floor, like a magnified beetle, was beating eggs for the dinner euatard. "Aunt , w hat's the matter?"demnnded Patty. atfTJ whisking vigorously away at t Ti - costard. "He's going, mv dear." "Wh..; Mi. MarveH?" "Yes." "Well, let him go. nunty." ald Fnttr. cheerfully. She was a dimpled, pretty littlt lady, with pleasant bin. -k eyes, ml black hair, parted low on her forehead not iiite 20, in spite of her widowhood tad her twins! "It's a cheerful riKiin- on'U soon fill up the vacanet." Bat not with such ft man ns Fhineas M am II." groaned Mrs. Hyde. "O. Patty . yoa don't know him!" "I know he must be a crusty old piece. anaty, ,r fta never iNNtM object to the ' ir. darling little habi.s." said Fatty, ynh a toviag glance at the twins, "thin't fret now, there's a dear! It'll all come right, are if it don't. I'll write an si-tv. rtisement myself ami take it ' n to the newspaper ofliee this aftornaon. v" Mr Marvell packed up his goodt "! left, and Mrs. Hyde cried. "It st i m such a pity." said she. aftt tfi, vears!" I n t mind it, aunlie." said UM curaktou l'attv. "i m aurt Ue must
ulated Ign, llydOs And wU tuki h . .ue
would f. It's a
a selflsn creature, or he t. r . 4 aroa vu o." Haiillv a month bad ilap-.d WgOnlg Milir-visnged Human came to the Hula house und re. pleated an audaNMM with the aaiatn lb woof. "Von know of old Marvell, I sup POM '' ' sam siie. "I know M i . Phim a- M.il v ll," answered lira. Ifydo, with dignity, " aUi it's all the same," rotui tad sht of the acid ula tad pouataaaooe, "tie's boarded at our hffOim Ihraa waalsa and four daya. ile a down with the ttinaU o."
"tt. my!" ej "Poor, Ii ar miuI
of liimV" ' lout's just the "pa 'ion," said the visitor, "i ant. i' re got axj family, u never boa bad the tuiiallpox, to Ihiuk .t and tin- other Isuardam haa all cleared out, and the doctor dolt't know of uu oat as would he willing l" Ulldi ! Utko the rhsk. l'"lhaps ion loulU . ..me r
Mi.. Hyde visibly recoiled. -. not" she uawered. "I rather not, Atyoo saj yoursel
great risk to run. ami " Hut Patty Sunt h, v ho had listened In silence heretofore, stepped forward. "i ll go. aunty," aaid she. "if you'll take Cara of the twin.-. 1 have had the lain 11 pOX. I am not afraid of it." "Hut Patty, I thought vuu di-likcd Mr. Marvell so much'.'" "I did," aaid Patty, with a smile and a shrug of her shoulders. "Hut it isn't worth while to think of that now. He is sick and solitary, and h i.-. a fellow creature. That is enough." And Patty packed her little bundle, ki---d the peachy unconscious checks of the twins, and went on her mission like a new variety of Boeti r dt I ha rite. What a disconsolate so-nc u.i- that! in the midst of which la Mr. Marvell, tossing on a bed of sickness. A tir. l - grate. umlraM'd windows, through which the illi beat with QiereilcSt brdHaacj ; ilut in every spot 00 which dust could poseiblj alight, and pillow and bed linen a week old. "I'll soon set all these matters straight." -aid Patty, moving around with the quick decision that was natural to her. And within half an hour tin? cena had assumed a unite homelike look, even to the staring, unconscious eves of the delirious man. ho ore j ou .' A u angel v" be aaked, lowering his voice to a whisper. "No." ic answered, smiling to herself. Tin Pattv." nn"t leave me," he urged. "It's dreadful to be left alone." "No." sue answered. "I won't." Phineas .Marvell lay ill for a month and with slow recovery cam.' a sense of all that Hatty Smith hail done for him. "I'll tell you what." s;inl the doctor, on the day that he made his last professional visit, "if it hadn't been for Mrs. Smith you would h ive been smugly -towed away between four mahogany boards by this time, mv friend." "I know it." Mr. Marv. u answered, "Well." said Mrs. Hyde, when at lust
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HANN A AND HARMONY.
HAVLMLYLR AND TRUSTS.
a II nil Mli nn Urkia (.rlii.ls Oat W uil of V ii.- 0)f r tbe oltlu Ml.iull.ili.
The republican press ia generally ftgrOOd that HhMM and Harn.nu WOTt Cop.irtiH i s in the maiiiigetueOa of the Ohio ri publican convention. If this be true, the junior partner in the InO has a clear rase for damages ii. i the Chicago TUneaHerold a Mi Kinlcv -llani. i organ of tba inner atrola, which overlooi i Hanaony1! int. ii ti altogether, atui proeeada to OTtb Malt into the Opes arooadl of b. nator ton kofi Aoaordlag to the Tlinaa-Herald thare is no republicati bannooy in Ohio. It goes further, nnd declares that "there Will be no real ha run my la Ohio politic!, oo national Boauadenos in the uttaraax 1 1 .if its republican convention'', so lot ;,' as Jndaa Benedict Forakcr retains ins plaee in ropublicaa conacHs there, ii, has been paid olT. Lot huu be retired for good." The Chicago McKinley organ fort hermore declares that nothing but makebelieve harmony, "for the saltf of selfpreservation, has compelled Joacph B. Foraker to sheatl.e his political dagger in his own coat-tail, swallow Iiis envy and maiiee, and stand upon an Ohio platform renewing pledges of loyalty to the party he has so often sought to betray." According to the 'finicsHerald, "it would require a page to reboaras the bagrant braachea of jiurty loyalty and personal good faith" of which Foraker has l.en guilty; Foraker". conduct in the Ohio convention "has once more proved that the tOOpawd cannot change his spots" that "conspiracy and treachery are so ingrained in the man that nothing can eradicate them from his acts." Finally, he is told that "when whipped into line, he licks the lash, hut as he does so, plots new treachery." Political rumor has it that Hanna, Harmony & ("o. have already selected Gen. (irosvenor, the foremost adininistration COckoo, to be Fornker's fuceessor in the I'nited States senate in I'.i a rumor which would seem to be wall authenticated by the above-quoted comments of "the original McKinley or.' in Of the w. st." Doubtless Senator Foraker will lie CWake Olghta, consulting with Htishnell, Kurt and IfcKlsaon as to WOyi and means t.j elect Na.-h gOTtruor, Odd thereby strengthen the hold of Hanna, Harmony st Co. OpOB the Ohio repubflcaa machinery. Albany Argus. HANNA'S TALK OF SPIES.
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"I CAN T STAY IN TIIC SAM HOUBal WITH TW INS " Patty returned home and bugged the twins within nn inch if their livi-.. "I hop.- the poor, dear gentleman is better." "O. he's all right now:" said Patty, "lie's coining ba.-k to-inorrovv or the nasi day. Is the roota all ready?" "All ready,1 Mr-. Hyde answered. Mr. Marvell returned the ftCSt dav and once more took y saesaioil of his old .piarters. "Mrs. Hyde." -aid be. with a little embarrassment, when that lady came upstairs to inquire his wishes in regard to any early tea, "there's something 1 perhaps ought to mention to yoa " "Indeed, sir!" said the wondering Mrs. vc. - What is it 7" "I'm going to be marrieil!"aniiouncefi the bachelor, with infinite shcepiab in--. "Mairied. sir! You'.' DOOT, dear! Then you'll be leaving me Sgsitt, shouldn't wonder." "Not n.cesviirily . Mr-. Hyde. I dare say you and mv future wife will get along com fort ably together." "Indeed, sir!" "Fur I'm goiag to ntarrj Hatty." "Hatty '.'" echoed Mis. Hvde. "Ye. Patty '" "And how about the twins.'" demanded the aaasaod matron. " The tvin. Mr-. II v e. :ir? the dear
est little creatures in the world." And. Improbable ns it may seem. Mr. Mnrrell really looked as if he belit wd w hat he said. It was all true. He did marry Hatty ami he vvas proud of his pretty, energetic little wife, and still more proud, strange to say, f the twiasl "I wouldn't believe it unless I'd seen, it with my own eyes," said Mrs. Hyde, "lie as never could eni'nire cllih.rin afore! Hut I'm as pleased ns Hunch for Hatty's sake!" And Hatty nnd her mkldla-Ogrd husband wen serenelj happj tog 1 1 hex. N. Y. D0ll News.
The He i ii h ! le n It.ois Mn I. e s 11 I f e n nr of she tdastalatrotloa 0tO0 roiises Siiileloli. "We commend the prcatdcnl for the judicious modifications of the civil bervice rules recently promulgated," says Mark Hanna in his Ohio platform. In an interview for publication Mr. Hat.;. a stands by the plat form and' t he order. Ue attempts to Justify tha latter by saying that whin President Cleveland was about to gO out he issued tu order which had the effect of giving permanent jobs to a lot of democrata in poeitiona where they could act as "spiea" upon the republieaa administration. Ha says that the present republic:. n acini:. istr.it ii.n is re-p.uisible to the pi opts for its conduct of public affairs, and it cannot justly be held responsible if it is surronnded by "democratic s ies." Tl.er. fore. the president is to be commended for his "judicious" order. Of eonras Mr. Banna (iocs not OKpoet any Intelligent man to accept this statement ns a sufficient justification for turning over 10.0C0 places in the public Service to Spmlsmen. An administration has no business to have any secrets in any branches of the s.-r ice affected hy this order. If th. re is any use for the services of spies then it is because something is wrong which ought to he exposed. If anything is wrong the presence of men in tha rv ice w ho will expose it i.-, for the public good. Mr. Hanna's talk about spies implii s that things are done which ought not 1o be done. It implies that there are things which the party Ivosseswish to keep -ccret when there should be no secrets and everything should be open to the public. It Implies a purpose on the part of the republican bosses to COnn ft the public service into a party machine to pervert nnd degrade It to the accomplishment of merely party ends. Any spying which wiil tend to prevent mich degradation of the public service is a very desirable thing. H.ut Mr. Hanna nnd his fellow bosses nre not worried nbout spies. We henr nothing about spies in the Hritish ciil service, where the merit system is more extended and more rigorously applied than it ever has been here. The simple truth is that the .spoilsmen want the spoils, and their talk about spies is the best excuse they can think of for seizing what they want.- Chicago (iiron-(cle.
Hie PMttpptnea irr Costly. The war in the Philippines has cost a heavy loss in killed and wounded, saving notion? of sickness. There have been dispatched to the islands from first to last over 40.0CO troops, men nnrl Ofoccra, and so far not over l,00t of these have returned to this country.
I bo cost of the military occupation it I estj-nated st $3,01.0,000 a month, and in B year will nearly equal the entire interest charge of the (Jolted States debt. The net result is that we control just the small amount of territory on which ' our troops stand, ami yesterday a se- ! rere engagement by our military and nnval foree Wfis brought on by nn insurgent "threatened attack in strong force on Manila." The fac ts are unpleasant, but it Is wtOer to face th m
boldly nt.d thnpe future action accordingly than to be lulled into s fnlsr security bo optimistic and "edited" official d! snatches. Cleveland Flain Dealer.
Tke Suaar Mutt nie 'lakes Shy si I r l. e i Inn I : r l i list love in ou. II. O. Haveniever's arraignment ot the trusts and his condemnation ofdisefiasiaating tariff laws win meet with cordial approval by the inas-.s who have been plundered by both these agencies and robbed in the name of "cnlerpi i -" and law. Hut his view it too circumscribed when he says: "I repeat Iftat ail this agitation aralnst trti-t s merely tie business macliir.ery employed ti t ke liutn the BUbilC what the government in its tariff laws says it ss proper and sultaMu tli.-y sl.iiuli have. it is tba lovornateoti through its tantr laws which plunders thr iieople, an.l ti.e traf .-, et ., are n.on ly the ma. l;ii.e lor Uoli K it." .-su ae trusts, like the Stanard Oil and railroad combines, axial I ndepe nden t lv of tariff i.ivs. and their destruettoa .ails for remedial legislation along other hues thrin the tariff. The interstate commerce laws, if enforced, would iiiTord partial but ijuite substantial relief. But the republit an party is bound in chains of adamant to the WbOChl of I lutoeracy, and therefora tbe attorney general of the I'nited States has been Instructed by his superiors not to act to the tinaiicial los- ui those corruptive, destructive aggregations of capital which dominated and caused the election of his political master. Very selfishly, but illogically, Mr. Havemevcr pleads for an increased tariff duty on reft Bed sugar. He savs: "The rate of protSCtlOS on suttar Is an eighth of a cent per pound. Which la almiit three arj cne-half j.t eer.. ad raJoraai. The least it should have Is elgiit f.er cent. The sugar retlnlr.fr Industry of this country, no matter what form its organization, is entitled to adequate protertlcni. if any Industry It. There are at least l'ij.w.) neujile dependent on it." Vi s, and there nre over 7.1,000,000 people Compelled by government robbery to swell the enormous profits of the sugar trust. One-eighth of a cent per pound s. cms to be a t rilling matter, but when it is considered that the output of the sugar trust is approximately 10,000,0 0 pounds daily, we find that the people are robbed by this same onesigbth of a cent per pound of over 111(000 cv cry da v in t be v ear. it is surprisingly refreshing to be informed that the "trusts arc undlr no obligation to tin- states which created them, but. on the contrary, the statesare the beneficiaries of the eondescending trusts!" After informing an anxious world that trusts are the logical results of discriminative laws. Mr. Bavemeyer gravely savs: "In these lays there a re tw., f rm. ar.il two only, of monopoly, one. that which resuits fr ai a patent and copjrrtchts. It Is universally reCOsUld that this- is in the Interest, not BKa.nst the interest of the public. The other, that Which comes from unfair tariff discrimination. Tariff for the purpose of equalizing against fori in bo untiei floss nt seed tube Justilled." Oh. no! Tariff that favors the sugar trusl is beiiet. cent, but all other kinds are robbery, according to Mr. Havetne.v er. Is it not about time that the people were done with "expert1 testimony by those who confess they are plunderers ami robbers? H. O. Haremeyer stands before the world to-day SClf-C mvicted of conducting a legalized robbing and plundering machine a trust. His parting advice is for the farmers to urganlas o trut for th. ir own protection. Wi'h his aasertiona that there are trusts and there are not trusts. Mr. II. iv i meycr has shown how trusts blind those who conduct them nnd sweep them and tbeiri away. Let the people come by their own.- -Chicago Democrat.
COMMENTS OF THE PRESS McKinley is about as good a man for the democrats to defeat us the republicans eon put up. St. Louis Hepublic. if the president can mention the name of a republican who will have to walk the plank und r his civil service order tha country would like to have him do it. Kansas tbty Times. The intention of the republican members, of the finance committee to hold their Conference la New York behind closed doors is only another suggestion of how little then will be fur the public in the entire currency reform programme of the administration. Detroit I'ree Press. The Kansas City .lotimal is Ivorrowing trouble "if anything bad hnpp. ns to this country w hile Mark Hanns is in Europe," Doubtless, however, Mark has left full instruction covering sll contingencies likely to arise. l!esides, "God i Igaa, and the republieaa party still lives." Albany Argus.
It is qOCOtkmablo w Inch nre louder, the rejoicings of republican spoilsmen over the destruction of the civil service system or the protesialions of republican hypocrites that the system has really been strengthened by breaking it to pieces. You cannot find a rcpubSbwn "hustler" who is not immensely pleased with the order, but they do not make much more showing than men UltO Secretary QogO who continue to assert that there has been "no letting down of the bars." Indianapolis Sent inel. The president himself must by this time see that an imperial policy is a horrible mistake. He mti.t tenlie that war for the subjugation of an unwilling people, to drag into the I'nited States a population unfitted for any of t he duties -if citizenship under a highly orgsnlaed government, has oo logical justification The president knows, for he so declared in his BoatOO speech, that Imperial 0000,000! is "contrary In tba spirit of American institutions." Knowing that, why does he not rescue the American army from the perils of a hostile climate by ordering a cessation Of the SlOOghter of 11 people w lit sk for nothing more than an opportunity to sdminister their own affaifbf Pittsburgh Dispatch.
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The Currency Question.
SILVERItie World's PrlOS lc-l llrprsda I uM I In- U nrlil'n Muck uf Ml 11 .
The question ol what metals are used in the coinage of a nation is a matterof no consi (piciice other than as they affect money supply. Thet.rms free and tin limited aoinsge applied to gold or silver mean thai tha mints win receive and coin for the benefit of the ow ners of all such metal that may bo offered for that purpose, thcreny having lOOney SUpplj tO be determined bv the productiveness of the mines. From time immemorial down to 17.1 money supply was fixed bj the joint product of the gold and silver mines of the cart h without any attempt on the part of man to in any Way limit the coinage of cither metal. The fact that some nations strm k their coins from one metal exclusively while other nations struck their OOjttl from the other .lid not coliBtitUtC monometallism in any sense so long as the entire output Of both nietals was coined and entere I into the money mass that Bzed the world's price level. Money supply could not In curtailed by Kngland making her coins of gold alone, while Germany coined only siirer and France coined both pacta Is iu(liscriminatel v . The fact that England refused to coin silver simply left a larger stock of that metal to be coined in Germany, Austria, Busala and France. While the fact that Germany, Austria and Kiissia struck their coins from silver alone enabled England to secure larger amount of gold. Indiscriminate coinage of both met ids in France at the ratio of fifteen and One-half to one fixed IbC relative value of gold and silver coins at the French coinage ratio wheresoever coined and made the result, so far as money supply was concerned, the same as thOUgb all nations coined both metals. The world's price level depends upon the world's stock of money, When the stock is large prices are bigh, when it is scant prie s arc low. Fin e i an expression of the relation cvsting between money and other things. As money Is only a means to nn end and not an end itself, w hen II net ual ions in money supply arc so violent that price levels suddenly or rapidly rise or fall it oa nnrs grant disturbances in tbe business world nnd changes the relation of debtors to creiois. doing an injustice to one or the other. Ibnicst money is money in which debts rail be paid without doing injustice to either debtor or creditor. In order to be such, the money volume must Increase from year to year In the same proportion that population and demand incii .ses. because any change in its purchasing power between the time that a debt is incurred und the payment of the sasne Involves the t ranefer of property from one of the pari lea to the other without compensation. W In n money supply keeps ev en pace with demand the success of men engaged in business will be gauged by the judgment, Industry ami capacity of the men themselves uniafioetvcetl by amies or fall in prices due to changes in the value of money. The supply of gold has fluctuated violently from time to time t hroughoul all history. The same is true ot tin supply of silver, but it has usually s.i bapM aad that the supply of one was large when that of the other was small, thus each in turn counteracting the evil influenoee f the other. Besides, with l oth metals in use and eonscjuently a larger money volume the variations from time to time in the supplv had a less violent e fleet upon prices than would be the case if ope motal only was coined and the volume of money was smaller. UM effect upon business and production of an increasing or diminishing money volutin is widely different aside from the injustice that accrues to debtors or creditors. An increasing volume of money and rising prices tempts all money into active circulation, starts all tBO wheels of Industry lato motion, furnishes employment for all labor, Ond if continued through a period of vears. gives to labor a larger share uf the wealth it produces than if would receive under any other c. unlit ions, because under such circumstances money bj constantly losing its power over other things, so that to hold it idle causes loss to its owner, while umlvr rising pries au i 11 v csi men t llWOyS means to part with thst which is growing cheap in exchange for that which is grow i Bg dear. I nder such circumstances with all labor employed anal with product! steadily going to a premium while money is going to a discount the com
petition for labor w ill be so sharp t hat it will lie employed nt a small margin Of profit to employers ami the laborers will receive as wages s correspond It gly large share of the products of their toil. W hen such conditions prevail production reaches its maximum and but few debts nre created. The money lender and usurer nt such times are in but little demand. On the other hand, when the DMMCy volume is diminishing and prices falling hoarding money in idleness is the only sure road to wealth. Tbe judgment, industry ami capacity thai would win a fortune under normal conditions . an now only court bankruptcv . I I OBO engaged in production must anticipate lOWef pries i.inl reduce costs to meet such prices. This menu s redaction of wages and n lOIIBCqUCIli curtailment of both production and consumption, tl this Condition continues a long time the OBVingl of the laborers tire first consumed on account of enforced idlcnef,s and the emnpetit ion fnrnn opportun!) to earn daily bread becomes so
Severe that the laborers have no voicu in regulating the share of their product that the.v iball receive M wagon. I)uring such periods in the wm 's hintory Whan the .nines were productive civ i I ia t ion advanced by b aps ami bounds, slaves disappeared und frcemeti multiplied upon the earth. Hut during I boss other periods when the mluei were sot productive and prices continued to fall laborers lost First their savlnga, then their liberties ami finns ly the tiioi.cv bangers dcMro-ed all other clu es snd civilization itself diasppesred. in view of the power of smney as n controlling factor in the industrial world it will Ik- readily seen that a combination of the world'i creditors ami money dealers, if permitted to manipulate the money supply through dictating cubing.- laws, legal tender SCta, and the Issue of bank notes for circulation wu.ibl thereby be enabled to plunder tbe world sd libitum. Such an organisation WSI formed nearly u half century ago. it was through Ita sgsmcy that silver was da ndestinely demonetised in the 1 nitcd states in is7:i. There is only oao question that equals In Importance tha money ojoom lion, and that is the question of creating a large standing' army . Militarism would mCSn death to the republic, and the end of liberty. Silv ee Knight Watchman.
DEMONETIZING SILVER. Igfssl or rtettstg tha Bttats m is?: Wu Vol I III MIClllllI cl) A 1 1 1 1.1 re 11 1 . The effect of closing our mint to silver In 1873 wat not immediately appar ent. Specie payments Pad been suspended since hi;:', and except on the. Pneiflfl coast licit her gold nur silver was in circulation. The people were not thinking about coinage. It scarcely attracted the attention even of t he si Iv cr miners until a y ear or tWO later. This wa 1 because tba mints of France ami thai ether stales of the Latin union reina.il!! d open to t be coinage of silver until about the close of the vear -'.'. Fonserpiently tbe value of tbe metal was fairly sustained. For the entire: iiar Is?:; the value of the silver in a silver dollar averaged a small fraction over 100 cents. There would probably have been bo decline at all but for the fact that tba output of the mines tore! her with that which (iermany waa throwing upon 1 be market, crowded tlit mints of the Latin union beyond their capacity, causing a delay in getting rcturni, But in l-Ti-.' J there was n general limitation of the OOinsgO in these; countries, nnd silver dropped more rapidly. In ist-i tbe bullion value of the dollar went us low ns '.n cents, the average being .99 8lQIu tfili It dropped to l4 ( cuts, the average hi inj U6.4. while in s?tl it went down much more rapidly. reaching "U, and averaging for the year about 8Ü. This heavy loss of value naturally aroused those w ho were engaged ill prod in log silver, but during thoSS years so marked ami extraordinary a chango in general halluces conditions oeeorroal ss to srresl tbe attention of ecomaadafini monetary writers and business men throughout tke whole civilised world. This was nothing less than a sudden ami extraordinary fall in the prices of staple commodities, accompanied by a business depression so widespread nnd long Continued as to bo characterized ns "phenomenal.' J uring the "a years preceding st:i prices had risen 1 or N per cent. say 1 per cent, a year. It was a p rind of gfOBt indust rial activity, marked hy many new inventions, railroad building. Improvements iu ocean travel, and g flatly increased production. Stiil prices ri se steadily, and take it all in all. it can be fairly said (0 Lave been the most prospeTOUS 2f years in the world's history. Suddenly a very thing cbnnged. instead of continuing to rise or even to remain stationary, prices turned tl titer way ind descended tbe incline mote rapidly than they had risen. There ia no higher authority living on the general course of production and the ram anal fall of prices than ugust ns Sn uerbeck. Of London. His figures are universally accepted by gob I itandordiita and be inctallists alike. They show elaborately and in detail how prices have ranged for the last bslf century, aad bistable; for the pei mil beginning' 1846 nnd endingwith Is'. show 1 fall of over in per cent, on general prices.
ad, bail 1 Holaaak The Hland -Allison hiw was not general, its onactnaonti wen limited by special provislona. It did not provido for the free ami tmlimiti .1 eoimigc of silver, as should liavi been, to tin 1 t the necessities of our great, growing nnd indebted country; and ns had alvvaye been, under our government until 1S7.1, and is tba constitutional rlghtaofoaV pioplfi required. The limitations WBM that the secretary of tba tfeaaury woo ordered to purchase from tt,0O0fi0C to iM.OOO.ono only of silver bullion per month: and uofs the same; While coinage should be a legal tender, "v-pt when otherwise provided bj contract:" thus limiting the amount of silver, and by limitation depreciating f.nd discrediting it. It also enabled creditors lO reo gold contracts, and ih s t ro.v cd the h l'.-iI equality of gold and silver coin. The country responded tat this lnw it Isdng very much bi tter than nothing by in IromcdlaU n.irSnCi In the values of pCOpeiiJ and by ,m . live resumption of the industries uf the country, wlilcb had bean pan tlyaad and Impoverlihed bt lacV of money r.ecessarv to tnaintaiu them In set i vit.
