Marshall County Independent, Volume 1, Number 14, Plymouth, Marshall County, 18 January 1895 — Page 4

(Et?e 3nbepenbenl

Entetal at the Plymouth Fort (MBw :is serondnatter. A.HZIMMKKM iN.Eorroi m Proi'RIKToh. .I BtM ItlPTION PITH K. One Y':ir WJi Six Months Anriii:i: 1 i id issue will sn ! on tap. In Colorado the legislature lia three U'Hien representat ivt -s. Now look out. The blacklist iu scheme is receiving . Um attention of the Wisconsin legislature. w k predict that the free coinage of silver will he an assured fact before im Rkcifkossty between Canada and the United States baa been ratified upon I a few articles. What about thai large surplus confined iu the national treasury we heard so much ahont. Let's see abont three years ar. maathi; (loKMAN in a speech before the senate Monday, said that the present tariff law was plunging this country into bank rupcy. It i.- acknowledged hy oar present political leaders that the silver men have the advantage, and unless they secure proper recognition, nothing will be done in regard to financial legislation. Ik hm message before the general assembly at Indianapolis, last Friday, Governor Matthew attacked the Roby racing association in a manner which will spur the legislature to Immediate action. Wk have been informed that protection was a fraud and a robbery, and that the party in power to-day believed in a "tariff for revenue only." and that they would remove the hurden from the people. Mow easily they have done this by issuing interest hearing bonds. li we mistake not. a few short months ago, the democratic press throughout the land were condemning Senator Hill in unmistakable term Now he seem to he about right, and President Cleveland and Secretary Carlisle an1 receiving the burning words of condemnation so re-! eently bestowed upon the N v York senator. Last Saturday Senator Teller, republican st-nator from Colorado, made a telling speech in favor of the restoration of silver. His argument when taken from a standpoint unhia;el hy political prejudice, was conclusive evidence that the situation of this country to-day. was owing to its financial policy. He pro duced evidence to show that the reason of the depression in agricultural products commenced with the demonitization of silver, first hy Germany latterly by the United tates. in every country Where the silver mints were utilized. Staple products had remained the same. and cited among his illustrations. India Mexico, China and Japan. Wm have received several cop tea of the Labor Voice, published at South Bend, tins state. This imwsy edition is published iu the interest of organized labor, and has such features connected with it that should rally to its standard every man who is in sympathy with labor ami its educational advancement. It is to be hoped that those for whom the Voice published will give it the rapport it deserves. It is a fact, the reason of so many failures of publica tions launched for the benefit of man kind, and more especially the laboring classes, who truly need a sponsor for their eause, is the lack of financial support from those benefitted. We wish the Lahor Voice undivided success. It will he seen hy agricultural reports that the Argentine Republic in the year 1804, produced 666,000,000 hush els of wheat. Of this 499,500,000 hushels were exported to Europe, This certainly is one reason why wheat growing ic the United States is no longer profit' able. In order to make it profitable, it will he necessary to reduce the acreage. Then the farmer not wanting Iiis land to lie idle, what will he do? Beet culture would be profitable fare had the the sugar refineries to work them up. The repeal of the bounty on American Itlgar and the new tariff law have mined the profit on (his crop. The cultivation of Mux also had a bright future. It dOfJ semi as though the democratic tariff reform policy is especially severe upon the fanner. It prevents him from growing new crops in the place of the wheat that is no longer profitable. Kngland has for years heen developing East India hy building railroads andencour aging the raising of wheat, in order that ihl may get cheap wheat and aheap

cotton; and hy our present tariff laws we have Helped her to do it. Cotton is quoted at the present time in New Orleans at 5 cents per pound, ami it costs from 1 1 . to 7 cents to raise it. Wheat and cotton are too low. how shall we change it; say wheat SO to 90 cents per bushel, and cotton in to 12 "cents per P und. "CRUCIFY THE PEOPLE." Such Henry Carey Baird Says is the Purpose of All Pending Currency Plans. Henri Carey Baird. the well-known mm Pennsylvania! economist, sends to the I hiladelphia American a ringing protest against any plan of currency reorganization which ignores silver. The reductive bribe, an unlimited volume of 'wildcat bank currency, offered to the American people as an inducement to them to permit the green

back, the silver certificate, and the treasury note, the former, the savior of their institutions and all three the savior of the fortunes and the homes of millions of them, to he retired and destroyed, will not do; it cannot he." he says. "And even if the people were base enough or ignorant enough to permit this attempt to substitute nonlegal tender 'wildcat' for legal tender money, it would not, even in the slightest degree, help to extricate the treasury of the United states from its impending doom. When, prior to Jan. 1, 187V, this tieasury was under no obligation to give to the holders id" greenbacks gold, it was in an agreeable state of security for itself and thus enabled to watch with supreme indifference the sufferings of the people, who daily and even hourly saw a shrinkage iu the value of their labor and other property, while their mortgages and other debts remained the same, under tortures of contraction of the cur rency. But to-day the scene is most happily shifted, the brunt of the battle, which between ISM and 1NTS fell upon the people, now falls upon a heartless treasury, and few will there he to mourn, while millions will have cause to rejoice. "There are three or four schemes before the country at the present moment for the reinauguration of 'wildcat' currency. Some are verv elaborate, some very wild, all more or less complicated; hut the true inwardness of one and all of them is to shift the responsibility of gold redemption from the I nited States treasury to the banks, and through the hanks, of course, to the people, who are once again to be crucified, as though they had not already, during the thirty years of so-called peace, in w hich neither peace poll! teal, peace financial, nor peace industrial has existed, Buffered crucifixion enough. The curiosities to he found in these several schemes are among the most remarkable in the history of economic discussion or proposals for economic legislation. Indeed, tho authors of these plans bare beaten the record for absurd propositions a to the interference of government. After this the populists must hide their diminished heads, the 'currency reform' crank of iv.ti having wholly distanced them in the direction of so-called 'paternalism." "Among the nod prominent of these schemes of so-called 'currency reform" is that of the Hon.. I. II. Walker. If. Col Massachusetts. His bill is now before the house of icp!esphtatives, and is known as -Hanking bill II. IL, 171." Mr. Walker is a member of the committee on hanking and currency, and is a prominent candidate for the chairmanship of that committee (God forbid: in the next house of representatives, iu the event of Mr. Reed being made speaker. Mr. Walker's hill, the result, as he claims, of six years of study, is very lonjr and very elaborate and very complicated and very revolutionary, proposing to tear everything up by the roots. It covers t wenty seven sections, and contains a provision for the guarantee, under certain circumstances, of the deposits of all the national hanks operating under his proposed law by the United States government as follows: " 'When in the opinion of the comptroller of the currency an exceptional financial condition exists or is impending that threatens the paralysis of business ami the Stopping of industries to the great injury of the people, by Crippling or temporarily destroying the usefulness of all banking associations m the country by threatening the withdrawel of deposits from conservatively managed and clearly solvent banking associations, because of abnormal conditions of unreasonable fear which is manifesting itself, the comptroller of the currency is hereby authorized and directed, with the approval of the secretary d' the treasury, to issue an order of guaranty by the United States and to guarantee for ninety days certain individual deposits In all or any one of the banking associations organized under this act, which order may be twice extended for the same or a shorter period,

but in no case shall such order be extended to cover more than eight consecutive months.' "Can anything be conceived more utterly repugnant to every provision of the constitution of the United States Was anything more wild, impracticable, revolutionary, or destructive ever proposed in the house of representatives of the United States? When, too, it is considered that this proposition emanates from a man who looks with horror upon the issue of silver dollars, silver certificates and treasury notes, it is seen and realized to what shifts these people, who would destroy our legal tender paper money, are driven for a way out. "Mr. Walker's speech of Dec. Ii, UM, introducing his bill, contains the most fascinating and alluring ligures as to how the circulation of certain individual banks in different parts of the country may be in Hated on this ticklish basis of security, or. more properly, ' absence of security. In view of all these schemes, so full of rottenness and inflation, it is more ami more incumbent upon the American people to rise up and in thunder tones demand the instant and the full restoration of silver to its constitutional position. These schemes only go to prove how one violation of the constitution renders it necessary that another violation should take place in order to compensate, in some measure, for the wrong committed in the original violation. Thus we see that the spirit of the constitution having been violated in taking from the people their right to the unlimited coinage of silver.it must be followed up hy Mr. Walker's quack remedy of the government of the United States stepping in and guaranteeing any amount of deposits, really 'hank wind which his pet banks may think well in Hush times, bv means of loans, to manufacture, and which loans must be called in when the bubble bursts. livery hour furnis.ies proof that there is no safety except in the restoration of silver to the position which it held under the organic law of these I'nited States, of the year and up to the year 1ST:. Let this rehabilitation, therefore, be done, and done quickly and completely.

For Sale. The property immediately west of the count v lai is tor sa c. hi nail or Wit . .. . . . sell all. lor lurther particulars write Miss Almira Klinger, -2 Seiden Ave., Detroit, Mich., or see W. II. Craig. Plymouth, lud.

Your Wife Will Tell You

Not to forget that Kloepfer has a Muslin Sale and is selling Muslin, Bleached and Unbleached, 4-4, 5-4, 6 4, 7-4, 8-4 and 10-4, at prices that will astonish you. She will probably tell you not to forget and buy some of that yard wide, soft finish. Bleached and Unbleached Muslin that we sell now at 64 worth 8c anywhere.

She will tell you to Cloaks for winter that QTiri cVl O YXTill foil TTn

-HA VI KJXXV VV XXX ÜVXi JULI U W X LUV JL X Uiiil LA 111 Tickets you hold against us before February I

1st, as they will not be time.

She will further tell you to come before 8 o'clock at night, as we close at 8 o'clock until April 1. every night except Saturday. Don't forget all these things that your wife will tell you and come quick and do as are told. L. A. Kloepfer,

Cause of Hard Times. This subject has been investigated by Mida's Criterion and the following report submitted: Senator Peffer says that the hard times are caused by the existence of private corporations. The fanner says it is the low price in wheat. The silver man says it is the action of Wall street. Wall street says it is the action of silver men. The manufacturer says it is the fear of free trade. The consumer says it is the tariff. The debtor says it is the creditor. The creditor says it is the debtor. The democrats say it is the republicans. The republicans say it is the demo crats. The populists say it is both. The prohibitionists say it is whisky. The preachers say it is the devil. Now. what is your idea?

Did 1 Kor Sum

DROP? The firm of Houghton & Houghton has changed hands and the new prop. QEO. VINALL, wishes to call your artention to this fact. We have not the time to quote price-, but bear this in mind, we wil not be undersold. Give us a call and be convinced of this fact. We pay the highest market price for produce. GEO. VINALL. So. 1238. VOTICE or ADMINISTRATION. Statu k I mi sa, Marshall minty. i Notlee is hereby given that th- undersigned has i.--n appointed Admistrator of the Kstateol miira rinmi. late oi .Marshall OUOTy, Indiana, deceased SaM Estate is supposed t ! solvent. U BORGE W BULLOCK, Administrator. 1 December 17. 1884. J. s BENDER, Attorney oTAdministrator, buy her one of those we sell at half price -fr Vwinnr Vii P-pQrinTm accepted after that

Preparatory to Taking Stock

r

We will, up to the first of February, at which time we commence invoicing, sell at greatly reduced prices.

Regular standard qualities at prices that usually inferior goods sell at,

People that have waited until now will be astonished at the very low prices that will be named on all Winter Goods.

Kindly give us a call.

Ball & Carabin, PLYMOUTH, INDIANA.

ta Overstocked

WITH

STOVES

OF ALL

THEY MUST GO

WITH THE NEXT MONTH.

mm mm I f" f" t I I I" amm t 9 II TOU Iflfly NttU UNE ThlS WllltBr.

CALL AND

J.V.Astley&Son,

PLYMOUTH.

KINDS.

SEE THEM.