Pike County Democrat, Volume 26, Number 13, Petersburg, Pike County, 9 August 1895 — Page 2

DUN'S COMMERCIAL REVIEW. Effect* of Mldiammtr Lassitude KecomluC Apparent! Still a HopofttI Hplrlt l're. oral Is—A ppre lintt tone of a Manetar; Disturbance Parked A aide end Prlcea Men. erellr Well Maintained with Occasional Advaneee—The Urowltaif Crop*. Nkw Youk, Aug. 3.—R. G. Dun A Ca, in their weekly review of tiwde, issued to-d»y. say: The year’s business will be much affected by the crops and the most hopeful estimate falls below a full yield, except for corn. Larger stocks than were immediately wanted have been taken by traders as prices were advancing and these tend to limit future orders. The general advance in many products also causes reluctance to purchase, and the distribution of the past half year has been in part to make up for stocks and individual supplies depleted during two -years of economy. On the other- hand there lias been enormous increase in the working foree and a considerable increase in wages paid, which enables people to buy more freely. Apprehension of monetary disturbance lias been quite pushed aside. Strikes of some importance appear but do not yet threated to last long, though a strike of coal miners may for a time affect business somewhat extensively. The hopeful spirit prevailing In nearly all markets may find its warrant, in spite of some shortage in erops. Railroad earnings for July thus far arc 26.8 percent larger than last year, but 14.3 per cent, smaller than in 1893, the loss being mainly west of the Mississippi. East-bound tonnage from Chicago for four weeks has been 218,$63. against 93.309 last year, when strikes disturbed, and 335,333 in 1893— a decrease of about 3 per cent All the indications show midsummer lassitude. For the first time since the rise in prices of iron products again there have been some concessions to retain business, and efforts of new works to get orders tend to check the advance. In spite of this the general average of prices is a shade?higher, bar having risen relatively more than mill Iron has declined. The market for pig is quiet, and on the whole remarkably strong, with the prospect of increased output. Finished products are generally strong, with more demand than at present can be met for plates and bar business. Business in the cotton trade has been the largest in July for several years, but not large as to new orders. A further advance of one-quarter cent per yard has been made with moderate demand for some bleached and browu goods, and prices are firm for sheets and drills, while colored cottons are quiet with occasional advances. The demand for men’s woolens has been less active, with some disappointment observable, while worsteds have sold relatively better. Wheat suddenly rose 3 cents on bad reports of condition, but has dropped all the gain as the scantiness of the exports is felt, shipments in July having been only 3,495,064 bushels, flour included, from Atlantic ports, against 9,865,683 last year.

Western receipts continue very small, and farmers appear to be holding1 for higher prices. Corn is a shade stronger, although reports are decidedly favorable. Cotton has risen an eighth in price, wholly on bad condition reports, but at the lowest estimate the year’s yield, with stocks car* ried over, will pxceed the world’s demand. Heavy sales of coal are reported at prices at least 7 cents below the cir* cular, and the market is much deraoralized, with fear of auction sales. The stock market has been strong, and especially in the grangers, and the average close is 28 cents higher for f-ailroads and SI.02 for trusts. Failures for the week have been 261 in the United States, against 2^Q last year, and 23 in Canada, against 44 last year. OFFICIALS SURPRISED _ i Htj the Demand on the New York Snbtreasury for Gold for Kxport. Washington, Aug. S.—Treasury of- - ficials were surprised yesterday afternoon when informed that a demand had been made on the subtreasury at New York for a conside able sum for fexport The amount exceeds $2,000,000, and opens a gap which the Mor-gan-fielmont bond syndicate may feel called upon to fill. One million was called for by the Bank of Montreal, and upwards of $1,125,000 by coffee importing houses. This withdrawal does not appear in the statement issued yesterday, as the treasury had not been officially advised of the transaction. According to the official figures issued at 2 o’clock yesterda3r afternoon, 'the reserve stood at $107,118,251, a loss tsince Thursday of $118,251. Acting Secretary Curtis says the withdrawal indicates nothing moire than a desire on the part Of the American importers to pay their debts as they fall due, the export of gold at this season being occasioned by the liquidation of foreign accounts. The shipping of gold to the Montreal bank is not, the secretary says, an unusual occurrence. That bank has large credits in New York and this call for gold is, he thinks, on account of a de- "■ mand for settlement. Assistant Secretary Curtis scouts at the idea of any attempt to make a run on the treasury gold. TURKISH FRIENDSHIP. •The Khedive or K«ypt Willing to Pay a Good Price For It. Constantinople. Aug. 3.—It is rumored that the lchedive of Egypt, who arrived here duly 18, brought to the sultan a preseut of £500,000 with a •view of enlisting more active sympathy on the part of the latter in the Egyptian question. The rapproachment brought about between Russia and Turkey and the existing good relations between Russia and France have, it is thought, prompted the khedive’s action

HAIL COLUMBIA! Wm'h th* lutMt Stmnwlilp la tint A marl- «*»•( N»»y—SpMd Trial A«rau the Atlantic Made With m Short Crew of Engineer OilBcrrs. MtehloliU and Klrrmen, and Poor Coal, la Record-Breaking War «hi p Ttat Quarantine, Staten Island, Aug. 3.— T he United States cruiser Columbia ar* 'rived at quarantine at 10:35 a. m.. after the moat memorable rnn ever made by a war vessel. The Columbia left Southampton .Inly 26, passing the Needles, from which point her departure is* reckoned, at 3 p. m., and arriving at Sandy Hook lightship ” at 8:59 this (Friday) morning, making the run of 3,109 knots in 6 days, 33 hours and 49 minutes. The daily runs were 405, 460, 478, 458, 455, 458 and 405. The hourly speed averaged during the run was 18.41 knots, under natural draught Twentv-six hours of fog was experienced, but this occasioned no delay. The Columbia passed Sandy Hook at 10 a. m., speeding up the bay rapidly, making the run in thirty-five minutes. Passing steam vessels saluted the cruiser as she passed up the bay. The Columbia anchored in the North river. The fastest War Skip la the American Navy. ii Washington, Aug. 3.—The completion of the Columbia’s trip establishes her right to precedence as the fastest veasel in the service of the United States. Calculations and surmises have been knocked to smithereens, and the surprise is all the greater because the Columbia made the voyaye under conditions that were detrimental to a quick run. Sensational stories of serious injury sustained in dry dock at Southampton are seemingly disposed of by the quickness of the yo.vage. Another thing that tended to hamper the Columbia was the fact that she had only half the required number of engineer officers, most important personages on a speed trial, and lacked a fourth of a complete crew of machinists and firemen. Her coal, too, was of an inferior,order. The actual time consumed by the Columbia between Southampton and Sand}' llook was 7 days, 1 hour and 15 minutes. Allowing for the difference in the time between Southampton and New York, it should be 4 hours and 56 minutes less. Additional interest Id the Columbia’s trip comes from the iact that the American line steamer St. Louis left Southampton just 34 hours aud 30 minutes behind the Columbia, and was expected by naval officers to pass the latter before reaching port. The ilamburgAmerican line steamship Augusta Victoria passed the Needles about 100 miles behind the Columbia. Neither of these cracks was able to overtake the cruiser. The winner of the pool which was made on the result is an attache of the New York Herald’s Washington bureau.

G. A. Ft. ENCAMPMENT. Kentucky Hospitality Will Dplight tho Hero Veterans. Louisville, Ky., Aug. 8.—Preparations for the reception and entertainment of visitors during' the G. A. R. encampment have been completed. Saturday and Sunday the delegates will arrive and be taken care of by the reception committee. Monday, September 9, Gen. Thomas Lawler, coramander-in-ehief G. A. R., will arrive and be received by the Sons of Veterans, Naval Veterans, Second and Third regiments, Kentucky State guards and the reception and citizens’ committees. The rest of the day will be given over to receiving visitors. In the evening dog watches' will be 'held at Music hall, National park, Phoenix-Hill and in New Albany and Jeffersonville, Ind. Among the speakers at the camp fires will be ex-Presi-dent Harrison, Gen. John B. Gordon, Hon. Henry Watterson, Maj. William A. Warner, Mrs. John A. Logan and others. Tuesday the Naval Veterans and Sons of Veterans’ parade will begin at MO a. m., and all the local fraternal lodges will participate. In the afternoon there will be athletic games at Fountain Ferry park. In the evening there will be camp fires at the places where the dog watches occur, and the ladies of the Woman’s Relief Corps and of the G. A. R. will hold receptions. Wednesday the grand parade, with 75.000 veterans in line, will be held from 10 a. m. to 5 p. m. In the evening there will be camp fires aud fireworks by Pain on the river. Seats for 50.000 persons will be erected. Thursday, September 12, G. A. R. business in the morning. In the afternoon a band tournament, with 200 bands all playing same air; trades .parade and boat races. In the evening bicycle torch-light parade and camp fires. Friday, in the morning, G. A. R. business and all day a Kentucky barbecue, fifteen kettles of 500 gallons each being provided. Three colored bands and 200 colored couples dancing and 500 voices, colored chorus, under Composer Will S. Hayes. Reception by ladies in the evening. Saturday, Confederate veterans’ parade, and visitors departing to Atlanta. Mammoth Cave, Chattanooga, Chickamauga, National park and Sons of Veterans’ encampment at Knoxville. A souvenir of 180 flags is being prepared by Col. J. Stoddard Johnston, G. Douglas Shirley, Col. Attilla Cox and James F. Buckner. v MRS. OLLIE CORBETT ■tainted an Absolute Divorce From Pugilist Jim with Substantial Alimony. New York, Aug. 3.—Judge Gildersleeve, in the superior court, filed, a decree to-day granting Mrs. Ollie Corbett an absolute divorce from her husband, Pugilist James J. Corbett. The decree provides that Corbett shall pay his wife $5,200 a year alimony. In case Mrs. Corbett remarries she will forfeit the alimony. She is authorized to resume her maiden name of and may remarry. Corbett may not remarry until his wife is dead.

TRUE AMERICANISM. ft Ii to Kapport 8ncH« Policy a* Will laorooMt the Wealth, Comfort end Pronpar|ty of the Whole People. In discussing the simple issue of high taxation and restricted trade, versus freer trade and lower taxes, it is noticeable that the principal arguments of the protectionists are misrepresentations of the motives of their opponents. Instead of giving' facte showing the advantage of a protection policy, the tariff editorials of the republican press repeat the parrot gabble of “British free trade," “England’s tariff , system" and “Cobden club doctrines," accompanied with charges that in seeking to secure a more liberal trade policy, the democrats are acting as the agents of British manufacturers. By falsely claiming that theirs is the true American policy, and by a profession of jingoism toward foreign na^ tions, the republicans have succeeded in creating a popular belief tha£ they are the only patriotic party. And il is on this mistaken idea that they rely for support against the logic and facte which are so completely against them. In reality there is not the slightest ground for their claims of superior patriotism. True Americanism is the support of such policies as will increase the wealth, comfort and prosperity of the whole of our people. The democrats are convince^ that protection as a principle is wrong, and that it works injury to the many while benefitting a few. They know by experience that high tariffs are opposed to the best interests of the whole people, and are therefore working for their abolition. They want to trade with other countries, not because it will benefit the s foreigner, but because we can thus get goods cheaper and sell more of our products abroad. They believe that American energy, skill and intelligence, with our matchless natural resources, need no government aid, and that we can make goods and buy and sell in open competition with the whole world. ' Contrast this manly independent attitude with that of the republican protectionists. In spite of our great possessions of the richest farming land in the world, of inexhaustible deposits of coal, iron ore, copper and other minerals, of our vast forests, and the facilities for commerce afforded by our great lakes and rivers, and unrivalled harbors, the servile protectionists whines: “Good congress protect me. I am afraid of the competition of England, a little island up in the north east corner of the Atlantic, with inferior resources to the one state of Pennsylvania. I haven't brains enough, or strength enough to make things as well as England does, so please tax everybody and everything and help me do business.” Nice kind of “Americanism" isn’t it? Every self-respecting American should be ashamed of the party which represents him as a cowardly dependent on government bounties, afraid of a little country which long ago left off taxing its people to support manufacturers. And he should be ashamed of the false pretense of patriotism which puts money in the pockets of monopolists and gives fat offices to the shoutersfor protection. Byron W. Holt.

THIS FROM QUEBEC. Canadian Protectionist* Still Enshrouded In Utter Darkness. From the aacieut city of Quebec, Canada, comes news which should gladden the hearts of the protectionists. It appears that an electric street railway is being constructed in that city, but is vigorously opposed by the cab drivers, carriage builders and blacksmiths, who fear that the new road will injure their business. Recently a delegation from these trades appeared before the mayor of the city and protested against the construction of the proposed electric railway. The mayor received them coldly and pointed out that the new road would increase traffic and employ more people than are at present given work by the cab and carriage owners. Who says that protection notions are not spreading? What, though France, Russia, Australia and New Zealand have lately given evidence that they are advancing out of the darkness of the high tariff delusion? What does that amount to, as compared to the gratifying fact that the Quebec cab drivers, etc., are opposed to the march of modern improvements and new inventions? , The party which sticks to the old exploded doctrine of shutting out competition by prohibitive tariffs must welcome as allies men who wish to prohibit the competition of cheaper methods of transportation. Truly the cabmen and blacksmiths of Quebec are good protectionists. MAKING MORE WORK. A False Idea and Ealse Promises—Fooling the People. The inconsistencies, absurdities and delusions which make up the great doctrine of high taxation and restricted trade, would never have been able to secure a footing among the people were it not for the belief that in some way or other protection makes more work. It is this idea which has given strength to the ridiculous claims of the high tariffites, and which is still the main support of the protective policy among unthinking people. Forced to admit that protection , restricts commerce, increases prices, fosters monopolies and puts an intolerable burden cf taxation on the masses, the defenders of the system meet all demands for its speedy abolition with the claim that “protection makes more work.” And as there is in all countries at the present time an apparent scarcity of work, the men who are unemployed, or who fear that their places may be filled by some of those who are idle, go on voting for a policy which pretends to make more work. [ Now it is true that in one sense protection does make more work. Just as smashing windows makes more work for glaziers, or burning houses makes more work for carpenters, etc., so does a high tariff on goodsbaake more work in some places. But this merely means harder work'to produce the things on which the tariff is imposed, I and does not in the least add to the total wealth J

or comfort of the people. No men re ally wants work for tho sake of work* ins?. He wants to work so that by pro* ducing things he can exchange them for the goods he needs. And every step in the spread of civilization has been in the direction of producing more goods with less work. To be consistent the high tariffite should advocate the destruction of all labor-sav-ing machinery. Protectionists come to i<$hs men and tell them that by shutting out foreign goods there will be more work in this I country. This seems plausible, but it | is a delusion. All the goods imported I from abroad must be paid for in labor | products, to obtain which, requires work in this country. If some kinds | of goods can be made cheapsr, that is, with less effort, in foreign countries, the dem and for labor is not lessened, but merely turned in other directions to produce goods to be exchanged for those imported. On the other hand, protection actually diminishes the opportunities for employment in. two ways. First, by greatly increasing the cost of commodities it decreases the amount of wealth which can. as capital, be devoted to the production of more wealth. Second, by limiting foreign commerce it restricts the markets for our products* thus directly destroying industries which would give work to our unemployed. Just as burning down houses would in the end injure carpenters (by making renfb higher and all kinds of goods dearer) more than it would benefit them, so protection, which seems to make more opportunities for labor, always results in abutting men out ol work. ~~__ TELL THE TRUTH. A Little Conflict of Idea* That Needs Fitting Together. The New York Tribune joins with the Iron Age in predicting prosperity for our iron and steel industries because of the prospect of good crops. After referring to the increased demand of the railroads for rails and other materials owing to the probable increase in grain freights, the Tribune of June 17 says: “Belief that agricultural makers and makers of wire fencing would have large demands from farmers * » have all helped to stimulate buj’ing of iron and its products.*' But this is an editorial on “Business,” written by a practical business man. In the next column of the same issue the partisan politician hack gets in his brilliant and original theory of the revival in our industr es. He says: “The people were assured last fall that votingsfor the restoration of power to the republican party would bring back prosperity. # * The certainty that power had been transferred # « was enough of itself to light thousands of fires and to open the doors of thousands of factories md mills.”

Which is right, tub Iron Age, orga 1 ol our great iron and steel industries, and the Tribune's financial editor, or the narrow partisan who tries to gull his readers .into believing that merely voting for John Jones instead of William Smith, started up all our idle furnaces, mills and factories? What do the sensible business men of the country, who know that the prosperity, of any industry depends on the demand for the goods made by it, think of the leading republican paper's idea that trade is regulated by the political complexion of congress? A correspondent suggests that the Tribune should discharge either its financial editor or its high tariff hack. Or it should allow the latter to tell the truth occasionally, even though party interests would suffer. THE LATEST DODGE. A Commission to Take the Tariff Oat of Politico Wanted. Finding themselves beaten on every point by both logic and facts, the latest dodge of the protectionists is the advocacy of a tariff commission, which they claim will ‘‘take the tariff question out of politics.” For this purpose they urge the creation of r. commission of experts who jtre to fix customs duties on all imported goods sufficiently high to cover the alleged difference between their labor cost and that of goods produced in this country. This scheme for a tariff commission Is a mere blind for the maintenance ol protection. Its advocates know full well that the doctrine of a high tariff is rapidly dying out, and they therefore seek to mislead the people by the pretence that the main issue between the two great parties can be taken out of politics through a non-partisan-com-mission. But such a course is impossible. The denfocratic platform of 1893 declared protection^ to be a fraud, a robbery of the many for the benefit ol the few. How can a consistent democrat favor leaving to a commission the amount of protection any particular industry is to receive? Democracy means the entire abolition of protective tariffs and the establishment of a system of taxation which will bear equally on all. Such a system can never be established except through the action of a political party, and when it is established there will be no longer a tariff question to disturb industry by changes in customs duties. Figures and Liars. What kind of fools is the Manufacturer, organ of the Philadelphia protectionists, published for? It does not use sufficient care in concocting its fabrications to give them even the appearance of truth. It publishes in its own pages the facts which contradict its statements. In its issue of May 4 .that paper says: “The Wilson tariff, putting down the duty on shoddy and making wool free, diminished the importation of wool.” And again in the same article: ‘‘Under the influence ol the Wilson tariff imports of foreign wool declined.” Then to prove these assertions it gives the following figures from the circular of Justice, Beteman & Co: “Imports for seven months ended March 31: *■ Wool, 1893, 107,935,514 pounds; 1894, 33,800,505 pounds; 1895, 160,736,331 pounds.” Comment is need* less. >

RELIGIOUS AND EDUCATIONAL. —By seeing’ bow we treat men, anpels can tell how mnch «e love God.— Barn’s Horn. —tndeavorers in Iowa are following the example of those in Kentucky by sen ling personal letters to men in the | state prison. j —ThS Christian Scientists claim a membership of 8,724. They own seven churches and 213 halls, and claim church property valued at $40,666. —Jerusalem is to have a Jewish university if the consent of the Ottoman government can be obtained. It is intended particularly for Russian Jews. —Latest statistics give the number of Christian Endeavor societies in the United States as 32,580; in foreign lands, 6,943; total membership, 2,371,* 380. —Great success has attended the Baptist mission work in North China. Around the three mission stations in that region there are now from eighty to one hundred small churches, with a membership varying from six to sixty. —The great temple in the City of Mexico was a stone structure of five i stages or stories, 300 feet square at the base and 120 high. There were eight similar structures of almost equal size in the city, and nearly 2,000 much smaller. —It is estimated that the Protestant churches of America, Great Britain, and Europe are represented in their work for other, lands by 9,000 missionaries and more than 50,000 native workers, and have expended during the last year about $12,500,000. —The Salvation Army does a mt amount of charitable as well as relig- j ious work. In various parts of the world last year it furnished meals to 2,492,992 poor people at from one-half a cent to eight cents a meal and lodgings at from two to twelve cents a night to 1,087,658 people. ,■ —For more than a century the Mac* leods have been leading men in the Church of Scotland. Three of them has presided as moderator over the general assembly, and the fourth. Rev. Dr. Donald Macleod of Glasgow, has just been chosen for that offiee. Dr. Macleod is the editor of Good Words. —The degree of LL.D., conferred upon, the Congregationalist minister, Washington Gladden, by Notre Dame University, is one of those little evidences of the growth of liberal feeling which it is always pleasant to see. It was, we believe, the first degree of the kind ever given by the university to a non-Catholic. —Providence Journal. —French students having adopted college sports, are now taking up college concert tours. The “Saltimbanqucs Amateurs” has been organized in a Paris Lycee, whose show still include gymnasts, actors, musicians, conjurors, and performers with trained animals. They will travel about the country during the holidays and give the proceeds to charity. —The statistics of the Methodist Episcopal Church South for 1894 show 13,475 church edifices, an increase gf 390; 6,786 traveling preachers, a gain of 290; and 1,390,377 church members, indicating a growth during the year of 67,167. There are 800,866 scholars in the Sunday-schools, of which there are 13,861. There are 14,983 pastors and 1,462,760 members in all the colored Methodist churches.

WIT AND WISDOM. —Every production of genius radst be the production of enthusiasm.— Disraeli. —To overcome evil with good is good, to resist evil by evil is evil.—Mo* hammed. Briggs—“You say the phrenologist who examined your head wasn't very complimentary?” “Hardly. He told me I was fitted to be a leader in society.”—Life. —Kate Field tells the girl graduates that cooking is the alphabet of their business. Many of them never get any further than let her be.—Lowell Courier. —^Xell—“Why did you marry that dried-up old millionaire? I wouldn’t have him with all his money.” Belle— “But he said he would die for me.”— Philadelphia Record. —In wonder all philosophy began, in wonder ends; and admiration fills up the interspace; but the first wonder is the offspring of ignorance, the last is the parent of adoration. —Coleridge. —“Oh, yes, my husband has been a collector of curios and such things for a number of years.” “Was he in that business when he married you?” “Yes, indeed.” “I thought so.”—Atlanta Constitution. —Expert evidence has at last been given that the gas-meter under certain atmospheric conditions, can not tell the truth. How is it that it always lies on the side of the companies? ■—N. Y. Recorder. —The Danger He is In.—Cawker— I am very much afraid that Snodgrass will go blind. He’s such an egotist. Cum so—How can egotism produce blindness? Cawker—He overworks his L—Detroit Free Press. . —“The main problems of this day, air, are easily solved,” he began, in a confidential tone. “I myself-” “Ah, yes!” said the grayhaired stranger. “Of course, of course,. You jvere graduated this month, I suppose?” “Why, yes. How did you guess it?” “I know the symptoms.”—Chicago Post. —Professor of Geology.—“Gentlemen, at the close of. the summer session I asked you to report to me individually any object of extraordinary interest you might meet in your respective outings. Mr. Corbett, you may begin.” Mr. Corbett—“Mine had. yellow hair, blue eyes, and a tailormade suit”—Boston Globe. —Dar mus’ be lub back ob de han’ dat is reached out toe sabe anuddah.— We’en yo’ find a man whom men lub you will find one who has first lubbed men.—Hit is meaner toe hit a man who is down in his, luck dan’ one who is down on de flat ob his back.—A good menny men ah like cheap t’eatrical bills—a bery little money causes dem toe be stuck up.—Arkansaw Thomas Cat a

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