Marshall County Independent, Volume 1, Number 34, Plymouth, Marshall County, 7 June 1895 — Page 4
The Independent
Enteret! at the Plymouth Post Oltiee as svomlci;is inatUT. A.KZIM.MKKMAN.Kiutoi: M Pkoikiktoh. si n-ciMi'TioN i'i:i( i:. One Year $1.. Six Monilis T.". MADE BY LAW. The Ixui:pi:m::nt in tl.c future intends to give its readers, an article as often as advisable uin the tinaneial question. There articles we propose to give without comment, leaving the people to judge the arguments put forth for themselves. The following is from a Marshall county man, who will debate the question with any single standard advocate. Mr. J. W'iekizer, of Argos, is the writer, and the following article appeared in the I'atriot Phalanx, of Indianapolis. May :'.!th. "The absorbing qiu-st ion now agitat-j ing the inii'ds of our i-c-ople, as well as the minds of the other gold standard j nations, is: Which :s the greater evil, continue the single gold standard or go back to bimetallism as we had it before ist:j ? The writer has carefully, earnestly and praen.i" stu-.Lju eei. leaaue j of the question involved in a return to ...... i bimetallism, and hrmly believes such return is the tiling for the government to do, and too, without waiting for the co-operation or consent of any ot.'ier nation. -ly his cou3.jie:itioti3 study of the question he has been irresistably driven to the conclusion that only two forces or elements oppose the remonetization and unrestricted, coinage of silver on an equal footing with g Id, 15 to 1; one is ignorant and the other dishonest. A writer in the Patriot l'halanx oi May loth, says: on the other hand, with free coinage j ot silver at Mtol.it Mould be impossibieforour government to maintain ! its parity with gold.' Now we have id dr.ibt tliii was written believing it to be true; but he igrored what the exp erience of a!! commercial nal ions has taught. lie ignores the fact that the United States maintained a parity of values between gold and silver on a ratio, lirst from 1702 to lS'il of 15 to 1, and from is:il to 1ST3 on a ratio of Ii5 to 1, by free coinage of the two metals. There has never been known any other plan by which a parity of value could be maintained between the two. Our government lias tried two plans: One the plan of statesmen and patriots, as practiced from 1T'J2 t the plan of full legal-tender powers and unrestricted coinage of both metals. In other words the plan was to give them a parity of values by giving them a parity of legal treatment. This plan was a complete success. The other, our present plan- stealthily forced on the country by those who obtained power by their proficiency in building janus-faced platforms, that deceived the people, and when in power they, shamefully deceived the people by imposing on them janus-faced statures. This plan was to rob silver of its legal tender powers and of free coinage while continuing these to gold. This was to change our money system from a double to a single standard. This change, in some way, stranger than fiction, was brought about by the plutocrats of the world, that they could pluck the agricultural, producing and laboring masses at their leisure, as the eagle swoops down on its prey when hungry. Hut the question is not as to the motive, but what was the nature of the change and how it has worked. 'The new plan was substantially to continue one metal (gold) with unrestricted coinage and as full legal lender final-payment money, while the other metal (silver) was denied free coinage and full legal tender powers and was reduced to a comodity, and its coin a token to be redeemable or exchangeable in the coin of the favored metal, in order to maintain a parity of value. This has proved a costly experiment and monumental failure. "Now it is history that free coinage, or equal treatment, or a parity of legal treatment, maintained a parity of value as long as continued -eighty years. "It is again history, that the experiment of maintaining a parity of value without a parity of legal treatment, has proved an ignominous failure. The attempt to maintain two metals on a par ity of value, one to receive its valuo from statute law, the other to receive its value from an entirely different law, that of supply and demand was simply idiotic. The former plan never failed, the latter never did and never will succeed. The metals must both receive their value from the same law, and that must be statute law, In order to give them a parity value. Our statutes gave gold and silver a parity of legal value for 40 years on a ratio of 1,15 to and
then for 40 years longer at a ratio of 16 to 1. The statute absolutely lixedthis parity of value; the law of supply and demand had nothing to do with it. For eighty-nine years the two metals received their value from the same statute law, hence there was no trouble
about "parity of value." Hut now, for j twenty-two years gold has its value from statute law, and silver from a very different law, that of supply and de-1 mand. Then is it any wonder they have had no i.arilv of value on the same ra-t-0., j Our government having been led into janus-faced statute making, by the corrupting influence and dictation of the plutocratic money power, caused our first failure and disgraceful defeat, j Our government, while pretending to j legislate for the nirivs. bv lerfU'.ition
, , , , , . son .fc omer, and was a sort ot a celepledged itself, soul, bodv and breeehts, i , .. . ., ... ... . 1 bretion of the completion of their conin the interest of the moncv mo: cp v i , , . , . . , tract, this being the Ia:i blast that will lists. For the Sherman law sa : fo iuM-.r0lnv this firm on tb wm-fc
Mt being the established p iicy of the ! I'nittd States to maintain the two met- ! a!s on a liarifv with each other nnon the present legal ratio, or such ratio as j,,av i,e provided bv law."
The government has provided unieach. In addition to the dynamite I
ut!u.r lo,,al ratio, hence is pledged to ' maintain a parity at the ratio of hi to 1. Has the government kept that pledge ? When that pledge was made, silver was worth sometuing over one dollar per ! ounce, and the gold had a legal value j ()f 81S.-10 1 per ounce, and the two met-I a';s had a parity of nearly is to 1; and silver slowly declined, in spite of the ! government 50 cents an pledge, until it got below I 1 a ' ounce and go! 1 still iV'Ot per ounce, making a ratio of about 31 to 1. What then became of the gold-bug's government's established policy? Any
one can see that our government has j south of the court house, they met Joe come to humiliation and shame through Arney, who accompanied by his wife, the dictation and coi nivanco of the j was coming in to aiiend the school enmononoüstic monev dass. Had that I Rammen. As these hoodlums passed
pledge been made in good faith, the i;nv would lirst have given the metals ., , . , , a I'ant' of valuo b-v a l'anl-v ot troalnient, as our forefathers did in IT'.'-. I'ut "the power behind the throne" that j dictated that law, did not want the two metals to have a parity of value. Where there is a will, there is a wav. Again a writer with more brass than brains, says: j "If we give silver free coinage, 10 to 1, gold would instantly disappear from circulation, contracting the circulating medium to that extent." If there is any gold in circulation in his vicinity, he lives in a more favored land than we do. If he had told the people what part of the circulating medium, than the dear people would knowhow much the free coinage, of silver, 15 tol, would contract their circulating medium by driving out gold. There is no gold in circulation, and it is because silver has been denied free coinage. History says from 1712 up to lstlt we paid our foreign balances in gold, because our coinage laws gave gold a little lower value and silver a little higher value than was given them at European mints; then, from 1H.'U to 1873 we paid all our foreign balances with silver, because in 1834 congress changed the ratio from l." to 15 to 1. This gave silver a little lower and gold a little higher value than they received in European mints. We gave silver a coinage value about four cents an ounce lower than France and the states of the Latan union. Hence our silver was sent there for coinage and to pay our balances, and at $1.33 per ounce our exports of that metal paid our balances and left something in our favor, which was settled by sending over gold. Since, and because silver was demonetized it has depreciated in value compared with gold 50 to 00 cents per ounce, and at that low price our exportations fail to meet our balances, hence gold is sent out to make up the deficiency. If we would remonitize silver, and open our mints to its unrestricted coinage, giving it a legal value of 81.2'J per ounce, then if England took our silver she would have to take it at J?1.2t per ounce, instead of 00 cent?, and the amount we export would pay our balances and there would be no call for gold exportation. The only way to prevent gold exportation is to remonitize silver. The lower silver gets compared with gold, more gold we have to send out. (Jold coin is legal tender final-payment money, because the law makes it so. Sliver is not legal tender final-payment money, because the law no longer makes it so. Money is a creature of law. It is made by law, and is just what the law makes it. Tor eighty years silver coin was legal tender finalpayment money, and silver bullion was worth as much as the coin, weight for weight, and silver coin or bullion was worth as much as gold coin or bul lion H to 1 because the law made it so. Silver must and will be remonetized without waiting for the co-operation or consent of any other nation. Buttermilk. Fresk every day at Swindell llros.' creamery, for stock only.
"Oh, that's about a size too small for you," said the snlesman in a clothing store, as he critically surveyed a coat into which he had assisted a patron. "Yes, it is a bit too small," asserted the other, taking oft" the garment; "but tell
I me just how much is a size." "In a coat" answered the salesman, "a size is an inch." Is that so." exclaimed the customer. He had been living r.earlv '.VI years, was fairly intelligent but never knew thrct fact. And there are thousands like him, who also do not know, for instance, that a size in underwear is two inches, in collars, half an inch; in shoes, one-sixth ol an inch; in gloves a quarter of an inch and in hats, one-eigth. Ex. The biggest blast that has been fired ,,n t,ie drainage channel to date was on s''ti,,n at I'- m., Friday, May 21. x l was iiie.i m ouawv. ,jo;ill14- C. 1 1... 1 ......... . T.I There v re ,7 holes. VA feet tloou- fMi I t, , , .;, .,,,.,.,, .rt. ,,, iii.. . ... .t 4"i iuie..-q..ia.'iei pouuu m.c oi ujnamne an-i ot witn '. ) .sticks of the same size, there were also used 10 L'5 lb. k of black powder. In oth r words 15V21.; noun. Is of 1 vn l'iiitc ;im1 "'"iO ini!i'ii nf t ! powder ai one time. About !..) cubic yards of rock were liroken up by lie ti tri 1 o fttt v;l I f 5 ;atf n!' ' , jt'e lUt; 1 lor.g and U leet ueep.- -Lockp-rt 111. j.-, j Last Monday night three young men of Plymouth, started out for a time. .... , , . ... .. lhev procured a buggv, and with the aid öl a few beetles of beer to elevate their c,,ints (iroVe through town in a manner that caused alarm to those who were so unfortunate as to pass them. On the street running east and west, ! Mr. Arney, one of them stood up and threw a be bottle, which fortuuatelv struck the wheel of the passing buggy, breaking it into innumerable pieces. Nor as we are informed, did their devilmeist stop at thi For while crossing the brkhre on Michit:i street, one of them jumped out of the buggy, and grasping a woman who was crossing the bridge at that time, trying to force her into the buggy. Such proceedings are becoming of frequent occurrence in Plymouth of late, and it islimethearm of the law reached out after this class of men and gave them a good lesson. si .m.mi:i: oi tin(;s. At Srii"!inre, Mountain and Lake lle-oi t?. Tii.' ran i: NorU At'.antii "ity. Ca. May. Asl'iiry 1'ark. van ;r I muz Uram-Ii. ami faiiioiei resorts silnn t lie NVw Jersey Coast ate reai-liel ly the Pennsylvania Lines Asailireet route to Newport. Narraansett I'ier. t'ape Coil. .Martlia's Vineyanl. antin ket ami the popular watering places ;t!oir,' tlie Atlantic front Chesa-jK-ake I'.ay to Maine, these lines oiler special atlvantaires." In the Mountains-Cresson. Kedfonl Spring"-. Klieiislmrg. Altooiia ami otlu-r result-; in the AIleiilienies are loeate.l on the Pennsylvania Lines, whieh also leal to the Wiiite .Mountains, tinAdirondack. Watkins Clen. Mt. Desert Island, and places of summer sojourn in Kästeln New York, Vermont. New I lampsliire and Maine. The I.ake lieiou The Pennsylvania Lines hring .Mackinac. Pctoskev,"iarievoix..Mt.( lemeu, St. Clair, Muskegon. Traverse Citv. Sault Ste. Marie, tlnehic. St. Ijinice. Watersineet. An Saide. Irwh Mountain and alt the romantic resorts of Northern .Michigan within easv reach, as well as Ashland. Cedar I.ake. Devil's Lake. Peliean lake. Three Lakes, Waukesha and other resorts in the Northwest. For information ooncemiicj: rates, time of trains and the tirst-elass service, please appiv to nearest Pennsylvania Line Ticket Aneni. or address 1'. Vax Di skn. Chief Assistant General Passenger Ajjent Pittsburg. Pa. Reduced Rates. Hxtiiioii oyer lVnn.-j'l vania Line During: Season of 1 Sil.. Liberal concessions in fare over the Pennsylvania Lines have been granted for numerous events to take place this summer in various parts of the United States. In addition to local excursions, tickets at reduced rates to he sold overthesc lines as jxiven in the following paragraphs. I'.xcursion tickets may be obtained at ticket offices on ttie Pennsylvania System and will also be sold over this route by connecting railways. Some of the jMi'mts to which tickets will be sohl and dates of sale are as follows: To Decatur. Ills.. May '.'th to June :d inclusive, account Annual Meeting Cennan P.aptist Urethren ( DunkardsK The return limit will be thirty days from date on which tickets are purchased. To Koanoke. Ya.. .May än to June -Ith inclusive, for Annual Meet.n öf Ohl Cerman P.aptist Urethren. Tickets j:mm returning thirty days from date of purchase. ToClevcland June lth and P'tli. for the National I Pepublican Leamie Convention. ;ood returuiim until June ?M inclusive. To Chattanooga. Tenn., June ,.".th. ;t Ii and LTth inclusive, account Kpworth Leajrue International Conference, rood returning fifteen days from date of sale. P.y special arrangement return limit may be extended an additional lifteen days. To Denver. Ccloiado Springs. Mauitou or Pueblo. Col., July ad. It tr and .".th. account National I'.ducation'al Association Meetim;. The return trip must be commenced July L'th. l.-ctli. 1 Ith or l.'.th. unless by special arrangement the return limit is extended to Sept. 1st. To P.altimore. July loth and 17th. uood returning until Augn-tr.th. inclusive, account the Convention of P.aptist Young People's l iiion of America. To Hoston. July .Mh to !th. inclusive, for the National Christian Kndeavor Meetimr. Keturii limit may be extended by special arrangement to Amrilst 3d. To boston. August t'.Uh to'J-Mh. inclusive, ac count Triennial Conclave Knights Templar Kcturn limit extended to October ad by special arrangement. To Louisville, Ky , in September for National L'hcampmcut, :. A. P. One cent per mile. Reasonable return limit. The reduced rates over the Pennsylvania Lines will not restricted to members of the organizations mentioned, but may be taken advantage of by the public generally. Any Pennsylvania Lino Ticket or Passenger Agent will furnish desired Information concerning rates, time of trains, and other letalis, to all applicants, or the same may bo obtained by addressing J. Iv llanos. Ticket agent, or V. Nan Dusen. Chief Assistant Ceneral Passenger Agent, Pittsburg, Penn. Birthday Surprise. The intimate relatives and friends of Mr. W. Cox, who resides 1 miles northeast of Argos, gave him a surprise, Wednesday May 22nd, it being his 87th birthday. Mr. Cox has at this time living, seven ohildren, twenty-two grand children and five great grand children. Wanted. Top buggy in exchange for good 875 bicycle. 1. O. box 70, Plymouth, Ind.
JAS. K. HOUGHTON, Prosecuting Attorney Collections, Depositions and Civil Uusiness Attended to Promptly. H. B. REEVES, Justice of the Peace, uvi:n Ni s-;nAi'M & ma viin, PLYMOUTH, IND. f'oll.-. tioii irii;i;t:y ami v:i: fu'.! attended t".. In-iiranee Airent. JOHN S. BENDER, Attorney at Law, PLYMOUTH, 1X1). M'l.-c ovi r shoemaker's i. vt.uira:it. Will ir.nnitly!;itti n-l t-tall lu-iue;s intrusted to him in the Iiiie ut his irtYsi"i!.
Th
e uay Of glittering gold in the mouths of the people is rapidly giving way to the more modern and certainly more harmonious and durable Poceioln tell cna Bi H ii DR. DURR'S Newly patented System of applying this work is a revelation to all who desire their teeth preserved and restored to their'natural whiteness. Call a't the Model Dental Parlors, PLYMOUTH. Ü J Why will you slave and wear your precious lives away on that old wash board, when LL has The liest Washer on Harth for the small sum of &.a lie is sole agent for Marshall county. Deny yourselves anything else but procure one of these valuable washers at once. Lo Porie ana Mi Streets. Kemember, also, when you get this washer, you have the best on earth. is here, and you don't want much fire, so just drop in buy some Potted JIain, a can of those fine Sardines, a can of Jupiter Salmon, some dried beef, or any of the many good tilings to eat I have to offer you. The celebrated Adrian cheese is the finest cheese made. Always in stock. ( iraham Crackers only 10c per pound. No use to make a fire, just drop in and I can fix you out all 0. I. Your truly, GEO. VINALL. Change of Schenule on the Pennsyl vania Lines. A change in the schedule of passenger trains on the Pennsylvania Lines went into effect Sunday May 1Mb, 1SU5. Under the new Schedule the time of trains at PIpmouth is as follows: Depart for the west at No 15. 5:20 a. m. Xo 37. '..-05 a. m. No W. t :55 p. m. Xo 0. :0i p. m. Xo 7. 7:3:1 p. m., and Local Freight Xo 1W; 1:25 p. m. Depart for the east at, Xo 1.2:5S a. m. Xo 0. 5:00 a. m. Xo 20. 10:3$ a. m. Xo 8. 5:15 p. m. Xo 3H. 8:10 p. m. and Local Freight Xo DO. 7:35 a. m. .1. K. Hanks, Agent. Wolf. The celebrated Coach Horse will bo kept for this season at Porter's livery and feed barn. For particulars call and see either M. Allman or Sylvester Lovell.
I
41
II Uli u
A HOUSE FULL 0F
Wash
Organdies, Dimitys, Piquets, Ducks, Irish Lawns, Ginghams, Swisses, plain and with colored dots, Challies, Percales.
A more select and choice line of hot-weather goods never was shown. The quick and enormous sales that have already been made, conclusively prove how deeply the purchasing public appreciate this fact.
Bemember, our prices are as low as the lowest.
In addition to the above lines we also show a very nice assortment of Sateens, Pongees and Black Lawns.
Come and see our line of plain and figured Satines at ten cents per yard.
0
PLYMOUTH.
Watch
THIS SPACE
vetchain
WOLF,
The " celebrated Coach Horse, will be Kept for this season at Porter's livery and feed barn. For further particulars call and see either M. Allman, or Sylvester Lovell.
OB HI 0 Of ii 11
F
abnes NEXT WEEK.
Carabim,
Wil
on Every Description at Tin:
s
INDEPENDENT OFFIE.
