Pike County Democrat, Volume 25, Number 23, Petersburg, Pike County, 19 October 1894 — Page 5

.;V . MUo Oil Trill Core Colic, Cholera Morbus, Diorrhoea, Flux, XTeuralgia, Etc. Sold by Bergen, Oliphant & Co., Druggists, Petersburg.

DO HOD EVER TRINE Of the New Tax Law’s Be nefits to You Personally ? And of Hair the Railroads are Made to Help Yon Pay Taxes? Comparison of the Assessments on Rati* ros4 Property Uoder the Old and New laws—Kail road AssesSmemts I acre weed More Thao 100 Per Cent, With a Corresponding Saving to Other Taxpayer* Did it ever occur to you to note what the new tax law had done in your oounty to increase the stssessment of railroads and to compel them to pay their just share of the itaxes in your oounty? Did it ever oocur to yon that the average increase in railroad assessment was 185 per oenfc under the new law? Did it ever oocur to you that under the new law the railroads are paying double the taxes that they did in 1890 and that the extra amount they pay is just so much taken off the burdens of taxation resting On the farmers and other taxpayers residing in your county? If you have never done this it is well that yon should do so for the fate of the new tax law is at stake in the approaching elections. The Republican party is pledged to repeal this law if it gets the power. In other words the question is put to the people of Indiana whether they will take $591,000,000 of railroad property off the tax duplicate, and lose thereby the taxes on that amount, every bit of these taxes being placed upon the people of the state. It is a question whether the railroads or the farmers shall pay taxes on this $91,000,000 of property.

it is a very easy matter oy me am oi the figures appended to determine just how much taxpayers of each oounty would be called upon to pay as a result of a fulfillment of the Republican pledge to make this donation to the railroad corporations. Just note the increase in the assessment under the new law, then take the rate of oounty taxation and compute the s ze of your county's gift to the railroads and the sunount of your share in that gift. The figures will prove startling. The assessment of railroad property in the various counties in the state under the old and the new laws was as follows: Railroad aas.«smcut by countinaof the state of Indiana for MW (old tax Taw) and for UW1 (new tax lawh

1NW>.= Adams. $471,500 Allen ... 2,855,674 Bartholomew. 564,316 Benton. #-‘4,4:3 Blackford. K2J 53 Boone . 501,8.8 Brown.......... Carroll.. 574,813 Casa.... 1,287,077 Clark.?.... 1,016.8:3 689,, ti 781,740 194,201 547,3*3 «4»>. ■:)! 589. ,15 U;.,.k50 till, >*4 am.124 Elkhart..r- 1,252,820 Clay Clinton.... Crawford. Daviess... 1 tear born. Decatur.. DeKalb... Delaware. Dubois Fayette. Floyd. Fountain.... Franklin. Fulton. Gibson. Grant........ Greene—... Hamilton.... B uncock .... arrison. Hendricks... Henry.. Howard ..... Huntington. Jackson. W:\ti78 gft-.sttJ ttr.'.iirti IKCTM STS. *t« 7u>,i>94 «s3,>:b o.v.,119 $>.">,-'>71 ei .let 167,476 ft' 1,876 4S-».SS3 _HM. 7KS.92S Jasper...?.... 5ifik4t58 Jay. 487,951 Jefferson....-. 191,451 Jennings. 637,742 Johnson... 451,475 Knox. 7?5,*>y0 Kosciusko.. 1,5551,717 Lagrange. 55* 1,755 Lake. 4,'35,W» Laporte. 3,3^', .69 Laurence. 6tJ,C10 Madison. 931.111 Marion... 3,88-V'45 Marshall. 1,772,028 Martin..... 298,73 Miami.1. 893,5'0 Monroe... 268,! 56 Montgomery .....*,. 79*.t>l4 Morgan... 262,440 Newton,,*. 614, "29 Noble. 1,254,1116 Ohio...*.. Orange. 174,510 Owen. 275.258 Parke... 587.589 Perry . 63,513 Pike. 173.117 Porter. 2,829,i71 Posey.*... 727,064 Pulaski. <92,045 Putnam. 1,*71.4)8 Randolph.1. 9in.i if 18 Ripley. 417, >57 Rush. 495.581 Scott. *86,144 Shelby. 6*3,424 Spencer..... $>9,887 Starke. 1,140.'>75 Steuben. 18-V54 St. Joseph. 1,456,201 Sullivan... 532,751 Switzerland.. Tippecanoe. 1,291, >76 Tipton... 456,558 Union... 181.445 Vanderburg. 972,'M Vermillion —.. 463,885 Vigo. 1,212,535 Wabash.... 855,3 C Warren.... 46*.’49 Warrick..-..i. 3>7,!«4 Washington. 229. sffi Wayne. »»7,s21 Wells....... 422,820 White.. 724,541 Whitley. l,*»4,f«0

1HBJ. $1-81,550 5,346,747 1,830,397 1.731,051 7SU,«» 1,:588,(W> 1,21 1,034 2,794,8* 2,459,062 1,737,934 isuar 1,215,118 1,355,733 1,256,962 2,700.3.3 1,4S2,4*« (598.973 2,163,716 I,«29,6i8 HtVi.4? I 1,889,248 353.979 1.5M6.684 1,.5115,4'<1 1,514,18; l,S5u,rtT5 843,:t,*4 1,757,95 i 390,039 2,227,848 2.658,78.5 1.087.6 IS 1,4642511 1,825,58.* 1,426,199 1,154,464 7n7,285 1,745,21-* 908,21£1,779,169 8,01:5,94* 469,385 8,053^*1 6,436.1185 1,677,561 2,157,5(58 11,156,172 3,700,932 666,418 1,867, 05 669,51*1 2,139,‘60 719,725 1.783.6 »1 2,462,(5.51 384,(8(3 831,tC&) 1,668,112 151,356 446,768 5,425,312 1,486,170 1,246,521 2,:U7,1 (4 2,365,514 901,9.88 1,846,534 659.581 1,846,417 7758,4(1 2,557,316 396,(445 2,860.352 1,264,960 2,543^450 976,606 56:5,979 2,942,940 1 ,225,556 2,511,338 1,632,442 1,042,947 526,6*8 570,127 2,334.323 1,143^.6 1,8(41,242 2,191,445

Total ..... .....$C9,Tt£,U7» $Mft,88,575 Total increase... Percent of increase......135 It will be seen that the lailroad assessment under the new law is more than double what it was under the old law. That means a great deal to the taxpayers of Indiana. And yet this law, which is conceded to be the beet law ever devised for compelling the railroads to bear their share ofthepublio burdens, the Republicans are pledged to repeal if they get the Ewer. Voters should figure out in dal's and cents just what this means to each of them. Cause of the Uaaiuess Revival. Unquestionably the Democratic papers ' are right in attributing the great business improvement to the settlement of the tariff question. Republican papers can acknowledge this without leaving themselves open to an imputation of disloyalty to party.—St. Louis GlobePemocrat (Rep.). Stands For Corporate Rale. The Republican party is pledged to tepeal the law that compels corporate Urealth to bear its just share of taxation

—the law which it denounced as “infamous” in its state platform. The Republican party of Indiana stands for corporate rule.—Kokomo Dispatch. THESE DEMOCRATIC TIMES. MORE REPUBLICAN TESTIMONY IS PRODUCED. Showing That the New Democratic Tariff b Rapidly Bringing About a Return of Prosperity — All Industrie! Enterprises la Indiana Enjoying a Veritable Boom — Tbo Outlook Was Never Better. The Cincinnati Commercial-Gazette continues to bear testimony to.the business revival which has followed on the taking effect of the new tariff law. In its Sunday edition appear these headlines, among others: THE INDUSTRIAL SOUTH. CONTINUED EVIDENCES OF PROSPERITY. RECENT DEVELOPMENTS OF OIL INDUSTRIES. KEW ENTERPRISES CREATING A DEMAND FOR LABOR IN WHEELING. IN BUCKEYE”FACTORIES. A GENERAL IMPROVEMENT NOTICED AMONG DAYTON INDUSTRIES. The Indiana division of the Commer-cial-Gazette's industrial page is especially interesting. Following are the headlines and a feyr of the items: THE GAS BELT BEEHIVE. IMMENSE DISTRIBUTION OF MONEY IN WAGES AT MUNCIE. GLAD HEARTS AND HAPPY HOMES. MANY OF THEM AT KI.WOOD WHERE ALL IS ACTIVITY AGAIN. Muncie, Iud., Oct. 5.—The payroll of the several manufacturing oonoerns in Munoie last week by far exceeds any week in the history of the city. The Munoie Iron and Steel company is preparing to add six furnaces to its plant, giving employment to a large number of hands. At Albauv the papermill, two glass factories, furniture factory and all others are running full time. Eaton, north of Muncie, reports great prosperity among the several manufacturing oonoerns, The Early, Jones &s Baur Windowglass company is ruuning full force. The Ames buggy works, with 25 hands, the Bartlett eoilhoop works and the Standard washboard works, each with about 25 hands, are ruuning full capacity. The Excelsior factory and the Eaton pulley works are other important industries that are working many hands. The shoe factory at Dnlevtlle will soon be ready for a large force of hands. LIKE YE OLDEN TIMES. GENERAL RESUMPTION OF AI L INDUSTRIAL ENTERPRISES AT ELWOOD.

Elwood, Oct. 6.—During the week just past abuudaut indications of return ing prosperity have been manifest and the outlook is decided improved. There are not enough homes in the city to accommodate t'\e workmen. The Elwood steam forge works will be rnhuing at full oapacity by Oct, 15. Thursday morning the last of Elwood factorios resumed o;vr dions. The Nivis >n & Wieskopff bottle faotory is stead'>y increasing its force. At tKo Holland radiator works a steady increase in payroll is reported. The Elwoxi hoop factory is unable to supply the demand for its product and will increase its plant. At the M Beth lampchimney plant things are being rushed at a rate wholly unknown before in the history of this factory. At the W. R. McCloy lampchimuey factory several new hands have been added. AT OTHRU POINTS. The glass business is looking up materially in Fraukton and it will not be long until every industry in the place will be running. Indications are also very favorable for the location of an immense iron foundry and machine works at Fraukton to employ a large number of men. Next Monday the Lippinoott Glass company at Alexandria will put on an extra force o." 30 shops, thereby giving employment to 80 or 100 additional men. Nearly 600 men are now at work at the plant. The situation at the other Alexandria faoturies may be summed up as follows: The Alexandria Windowglass oompauy is now employing 25 additional men and business is encouraging. At the plateglass plant of the PePauws the 300 men are making things hum day and night. The Kelly ax factory at Alexandria has added between 75 and 100 men since last week to its force, and is behind with its orders. The new waterworks system is being completed rapidly, and employment is given here to a large force of men at remunerative wages. The Anderson Coil Hoop company was organized in this city Wednesday. In all departments about 60 men will be

employed. The ooiitrcict was let Wednesday aft - emoon for the construction of the buildings for the new Buckeye Manufacturing company,s steel ousting works at Anderson. The entire plant will employ 400 men. I W. P. Collum, John A. Magee and Porter Haskell, all of Clarion, Pa., have dosed a lease on a big tract of land at Alexandria for the purpose of building a tinplate plant. The plant they propose to ereot will employ 330 men, and will be put into operation about the first of February. The tinplate manufacturing company that located in Anderson two weeks ago, and wliich has been known as the “Mattler company,” was incorporated Tuesday. The corporation will be known as the National Tinplate company. The company will erect the largest tinplate plant in the United States, with temeplate and steel rollingmill combined. Eight hundred mem will be employed. Contracts will be let Monday for the erection of the Riverview agricultural implement and supply buildings at Anderson, The American Wire Nail company at Anderson will keep its plant in operation *dght and day from now until the first of the year. Work begin* Monday on the buildings for the new Wright shovel works in North Anderson, t

THE HAKBISON PANIC _ LAST YEAR'S DEPRESSION THE RESULT OF HIS ADMINISTRATION. Dadn HI* Leadership the Surplus Vm Dissipated sad the Treasury Bankruptud—The Nation’s Wealth Squandered oa the Bondholders—The Story of Harrison’s 8hameful Administration. Ex-President Harrison recently deliv^ ered a speech in Mr. 'Wilson's district ihr which he said: “If yon have felt the affects of the depression; if yon think more of those effects and prefer not to lead the country through the slough of despondency, show it by defeating Wilson.” The country was in the “slough of despondency” before Harrison left the white house. Who steered it into the “slough?” Who foundered the ship of state by running it into the quagmire? are pertinent and important questions for discussion in the present canvass. That President Harrison was an incompetent or reckless pilot, to use very mild terms, will dearly appear from an examination of the records of the treasury department which his subordinates made. He must stand by these records, and they show that he was responsible for the financial panic. It was a Harrison panic, deliberately brought upon the oonntry. Every month the treasury issues a debt statement. The form of i this statement was deliberately changed three times while he was president, for what purpose will be discussed later.

Juggling With the Statement. By ajcomparison of the debt statement issue<lMarcli 1, 1889, with the one issued MarchM, 1893, it will appear that the same items which are included in the available cash in the treasury March 1, 1889, shows that Cleveland turned over to Harrison the fabulous surplus of available funds of three hundred and thirty million three hundred and fortyeight thousand nine hundred and sixteen dollars and twelve cents ($330,848,918.12). In addition to this enormous sum there was nearly §400,000,000 in the treasury on March 1, 1889, which was held to pay gold, silver and currency certificates then outstanding, the total amount of cash in the treasury being $723,666,555.58. When Harrison surrendered to Cleveland on March 4, 1893, the same items which made up the $330,000,000 available cash on March 1, 1889, amounted to only one hundred and sixty-two millions four hundred and ninety-three thousand nine hundred and twenty dollars and sixty-eight cents ($163,498,920.68). The sacred $100,000,000 of gold reserve is counted in >x>th amounts. It will thus be seen that Harrison turned over to Cleveland in 1893, $167,854,995.84 less available funds than he received from Cleveland in 1889. A large part of the surplus had vanished. In 1887 Cleveland saw that the enormous accumulation of surplus was a menace to business and the result of unjust tariff taxation, He proposed to stop unjust and oppressive tariff taxation, but a Republican senate objected, and the surplus continued to grow in amount. The ship of state, with its rich cargo, accumulated by grinding tariff taxation and the economy of Cleveland’s first administration, passed to the control of Pilot Harrison and commenced its voyage. It soon encountered pirstes, and before the cruise ended it was in the mud, quagmire or “slough” as Harrison terms it. It is interesting to examine the logbook and see who attacked the rich treasure while Harrison was at the helm. ~—l

Helping the Bondholders. First came the bondholders, those favorites of the Republican party. During the first seven months of Harrison's administration $88,954,500 was expended in the purchase of bonds at a premium, goe Windom’s report for 1890, page 27.' But this did not satisfy the bondholders, or Harrison, and the raid on the surplus was continued through 1890 and 1891, when it ceased only because there was no more surplus. During three fiscal years—1889-’90-’91—the enormous sum of $47,997,807.32 was paid to the bondholders as premiums on bonds purchased. See recent publication of coinage laws by the senate, page 313. The ship in 1890 would have run into the “slough" if John Sherman had not come to its rescue with his “makeshift" silver law, which provided that the trust fund for the redemption of national bank notes should be turned into .the available cash in the treasury, and July l, 1890, $58,388,475.75 of this fund was transferred to the available cash. Thus Harrison was enabled to continue the purchase of bonds at a premium. But the monthly debt statements began to show a depleted treasury, and in order to make a better showing on paper resort to juggling with the statements commenced. Treasurer Nebeker, Harrison’s special friend from Indiana, in his report for 1890, page 7, says: “Sinoe June, 1890, the form of the published monthly statement of assets and liabilities has been twioe revised." On page 9 he says it was “recast.” Why it was “revised” and “recast” is plain. If the old form had been continued it would have shown that there was not a dollar of available cash in the treasury. But this was not the last time it was “revised” and “recast” as will appear further on, Th« Dim* Administration. Ex-President Harrison said in his speech that “delicacy forbids me to say much of the last admidistration,” but for his subordininates he says “that there was an attempt to act for the best interests of all the people.” It was a very feeble “attempt.” Was it “for the best interest of all the people” that the publio debt statement should be three times “revised” and “recast?” that $30,105,013.25 derived from profits on coinage during the fiscal years 1889 to 1891 should be used to buy bonds at a premium, paying as high as $129 for them, at a time when the treasury was on the verge of bankruptv? and was it “for the best interest of all the people” that $47,997,807.03, collected from “all the people,” should be paid out to the few favored bondholders as a premium on their bonds? The enormous surplus turned over by Cleveland, the bank redemption trust fund transferred to the available cash, and the profits cm

coinage furnished a rich harvest for the bondholders. The tax levied on the people by the tariff laws oon tinned to replenish the depleted treasury. The protected manufacturers wanted some part of the plunder under the Harrison administration. The McKinlpy MU was passed in October, 1890, and the reoeipts from customs fell from $219,533,305.35 in 1891 to $177,453,904.15 in 1893. This had its effect on the cash balance, and, with the billion dollar congress, created consternation in the treasury. Another juggle with the debt statement must be made. Again it must be “revised” or recast,” or it would not show a dime of “available cash” in the treasury. The statement for June 1, 1891, gave the net cash balance at $33,342,200.86. This looked like bankruptcy, and July 1, 1891, the statement was “revised” or “recast.” Prior to this date the nickels, dimes, auarters and half dollars appeared on tie statement as unavailable rands. The nickels, dimes, etc., are now trotted out and made to do duty unavailable cash, and thus help swell the cash balance. By this transfer the available cash balance was increased to $53,898,908.83. This resort to nickels, dimes, etc., was a humiliating act for the Harrison administration, and properly designates it as the DIMK ADMINISTRATION. The rauiks Cam*. But business men were not to be fooled by making available funds out of nickels and dimes. Capital became alarmed and the gold stream started across the ocean. Under Harrison the excess of exports of gold over imports was $157,889,803, while under Cleveland’s first administration the imports largely ex

oeeded the exports. In the mean tune the McKinley act with its vicious provision for paying drawbacks make another draiu on the treasury, 18,614.439.14 being the amount repaid importers in 1891 and 1892. [See secretary treasury report of 1892, page 23.] Prom July, 1891, until the dose of Harrison’s administration the treasury was practically bankrupt. The last statement issued March 1, 1898, by Charles Foster, secretary of the treasury, places the net cash balance at $34,128,087.88. The same statement shows that of this amount $11,497,839.74 was nickels, dimes, etc. Harrison started with hundreds of millions and dosed with dimes. Verily, he had run the ship into deep mud or a morass or a quagmire, or, as he terms it, a “slough.” He knew, \s did his secretary of the treasury, that the government was bankrupt. The latter gave orders to prepare for the issue of bonds; the plates were prepared, but the man .who had inherited hundr kIs of millions and was reduced to dimes haughtily announced “that there 'hould be no increase of the national debt while he was president.” He preferred to turn the treasury over in its biuikrupt condition and force Cleveland t" issue bonds. Before the close of his administration the ruinous effects of his “miserable makeshift” silver purchasing law, with the bankrupt condition of the treasury, lost the confidence of the world, and millions of our securities were returned The foundations of the panic had been laid wide and deep, and then the very men (General Harrison beiug the most prominent)’ who had laid them commenced their scarecrow work and have kept it up to this day. This may be statesmanship, but if it is the country should prav to be delivered from it. Above every' souphouso should be erected the sign, ‘'Harrison Souphouse.” THE HARRISON CAMPAIGN. Everything In Readiness to Spring the Presidential Boom. The Benjamin Harrison presidential boom is already on tap for 1896. The bung was driven in last Friday when Benjamin started on his “swing around the circle” in Indiana. He swung in a special train provided by the railroads which want the Indiana tax law repealed so that they may avoid paying their share of the expenses of the state government.

It is understood that Mr. Mamson is not perfectly pleased with the result of his journey through the southeastern part of the state. His itinerary had been extensively advertised and the most earnest efforts had been made by the state and county committees to secure big crowds for him wherever the train stopped. At Evans* ville, the Mecca of his pilgrimage, a fairly good orowd was gathered, but not nearly ,r* large or so enthusiastic as had been anticipated. This was something of a disappointment in itself. But the ex-president’s reception elsewhere was positively discouraging. In many places the crowds (?) at the depots numbered only the ordinary every day depot loungers. In some places at which he had been advertised to speak there was no one at all and the proposed speechmaking was abandoned. The result of this tQur was so barren of results that Mr. Harrison is said to seriously contemplate a refusal" to make the journey to Fort Wayne, advertised for the “latter part of this week. The committee realize that this would be as disastrous an admission of weakness as was Owen’s refusal to meet Captain Myers in joint debate, and they are making desperate efforts to induce the ex-president to carry out the programme. LABOR’S CHANCE. Its Opportunity as Seen From a NonPartisan Standpoint.' The next legislature is sure to bo Democratic. It would take a Republican majority of 50,000 in the state to wrest the legislature from Democracy. This being true, with the additional fact that every law upon the statute books in this state favorable to labor was placed there by the Democratic party, it would seem the part of wisdom to aid in the selection of legislators of that £)litical faith who are known to be vorable to labor interests. It is a proposition which needs no argument. Union men who sincerely desire the enactment of just laws favorable to labor will appreciate the wisdom of conciliating rather than antagonizing influences which are bound to control in the next legislature.—Indianapolis Labor Signal. A Continual Otjeet Lemon. The new tariff law in all its parts will itself be a continual object lesson to voters, teaching them that the imposition of needless taxes can never benefit the people as a whole, but that every removal of them is a national boon,—Harper’s Weekly. - ’ »■

i fsJpecl3-l ® i ' > ' 5 /. * , ‘ ;■/.;* Until October 20th at the t ■ . : • • • ^ New York One-Price Store in boots and shoes

10 dozen Men’s Boots .. . worth $2 00 Men’s Boots, Side Lined... 2 50 5 dozen W bole Stock Boots .*.... 8 50 5 dozen Milwaukee Oil Qrain Boots..4 50 5 dozen Custom-Made Calfskin Boots. 4 50 5 dozen Children's Boots, 1 to 3... 125 Boys Boots, 8 to 5 ...;..:.... 2 00 10 dozen Ladies’ Fall Shoes........ t ... ] 50 10 dozen Ladies’ Patent Tip Shoes ...*. 1 5Q 10 dozen Ladies’ Millwaukee t)il drain Shoes iSw

Special Sale, $1 ’ I 2 2 2 1 1 24 98 48 98 98 94 48 98 98 14

150 dozeu Children’s School Shoes will be sold at 25 per cent cheaper during this sale. Don’t Miss These Great Bargains Offered at this Special Sale During this Special Sale the New York Store will sell Indian B!ua Prints at le: Cotton Flannel at 5c; Heavy Sheeting at 5c; S spools Clark’s Thread for UteTSean Pants at 74e <€*3^3-22: * Blltizer^ New York One-Price Store. . «<C. A. BURGER & BR0.,b* #THE FASHIONABLE MERCHANT TAILORS# Main Street, Petersburg1, Ind. Have a Large Stock of Late Styles of Piece Goods consisting of the very bee; Suitings and Piece Goods. HPERFECG FITS AND STYLES GUARANTEED^* vMiiiiimirmiimiiiiiiiiiiiiii mnrnimmngfinimmmg Summer Goods Now Arriving. ® ® c The latest styles and novelties in fall and winter lint Guaranteed to be the nest wool goods on the market. Larg jfgnotis . ivoice of DRY GOODS, NOTIONS, HATS, GAPS, BOOTS and SHOES. Give me a cal', and be convinced that 1 will give you as big bar* gains and as tine goods as any store in Petersburg • • • Tolin Hammond. ttumiiinuimHiumtuiminB m m i m 11< m i .in m itmii no

SPECIAL BARGAINS IN AT BERGEN * OLIPHANTS. We are selling Wall Paper cheaper than was ever known. We have an elegant and well assorted stock of Wall Paper, ranging from the cheapest to the most expensive in the market, all of which must go. Come in and^et us make you prices. We have a nice line of ■HWINDOW SHADES* Which we are selling very cheap. On Drugs we are always in the lead. We carry everything that the demand calls for. Try For Consumption in its early stages, it will give you relief and permanently cure, if taken in time. But you should not tarry when you begin to feel weak, languid and indisposed, and pains in the chest, then is the time to begin on Bergen’s Asthma Cure. Call on us, we will try to please you. ..