Pike County Democrat, Volume 28, Number 24, Petersburg, Pike County, 22 October 1897 — Page 4

Vht §piJu Countg democrat Kt m. Irt'. STWOHU. - -- - ;::r~ -■ 'zszzzz=z==r--~ One Year. In auvanee .".It Six Months, in advance . *» Kutrrrd at tiie po*t»(Bc«- In Petersburg for transmission through the mails as seeotulelass matter. FRIDAY, (XTDBEtt 22,ia>7. r -'-... . - """""•" The American Economist says farmers can fatten their Thanksgiving turkey on those free trade chestnuts with which they have Iieen so freelysupplied in recent years. As an evidenceof the pro-perily inducing powers of the Ldngley law it may be noted that since' its jtas-age twenty-five trusts have increased the r capital stock by #147.812.S15. _- A new weeks ago when silver was on the dec^ne, every rejmblican |»apcr in the country was harping on it. Now that it is going up not a «cnl utter they. Great are repubiit an editors! Wtu. some of our good republican friends tell us now it is that the price of wheal m Canada is keepiug pace with the price in this country I They tell us that the Dingier bill is the cause of it in this country. but how about Canada? Of course the Dingier bill wasn't pas.-ed to help the Canucks. Hay and clover wed are two commodities which have not advanced under the McKinley pmsj*erity show, but on the contrary have gene down. Of course this is due to the law of supply aud demand. But whenever the price on any commodity advance* it is due to the McKinley prosperity show. Such is republican statesmanship.

Tkc Chicago Record hits been working zealously fur the establishment in this country of the postal savings bank, ami has framed a bill to be presented to Congress. This is not by any means a party measure j and the Democrat is glad to see the nears* I papers generally taking hold of the matter! and pushing it along. The postal savings I bank will be the greatest boon ever conferred on the working class of the country. Mint the only wonder is that it has not been adopted by the United States long before this. It has the machinery at hand for putting the machinery in operation. Thej benefits resulting would be incalculable.! All the leading nations of the world, with | the exception of two or three, have postal savings banks, and all have better facilities for the accommodation «»f savings depositors I than has the United States. While savings • deposits itt this country show a gradual in-1 crease during the last quarter of a century, | the savings deposits and number of depos-1 j itors in countries having postal savings I banks have grown by leaps and bounds. In the United States 80 {>er cent of the savings banks and savings deposits are in the New England States und New York, j Throughout the West and South, except in j the great centers of population, it is impos-1 sible for private enterprises to furnish sav- j ings facilities sufficient to meet the needs j of the people. Besides, the depositor of small means frequently is uot able to pick out from private banks those that are safe, j and consequently will trust none, whereas! all could have confidence in an institution i I controlled by the national government.! I Postal savings banks would contribute maI terially to the wealth and happiness of the people and to the stability of the government. Congress should not delay ionger! in establishing them. Tiik big oil well near Gaston, in the | northwest part of Delaware county, which is the largest yet develop'd in Indiana, is not as yet proving a profitable investment, and may turn out to be a total loss as the | result of a peculiar accident Saturday. The rope holding the sand pump broke, allowing [ mg the pamp to drop to the bottom of the j well, a distance of 1,000 feet into the earth. Attempts to fish the pump out and to drill it out proved futile, and efforts are being made now to blow it out with gas. If this fails, the well will have* to be'abandoned, and will prove alossof about $1,200 to its owners, in. addition to taking away the distinction of Delaware county having the largest well in Indiana. The well has an j estimated daily flow of 1,500 barrels of oil. | Peru ha- the next largest with an estimated ! capacity of 1.200 barrels.. - It will take several days in which to determine whether or not the well will lie lost. Disfigurement for life by burns or scalds j may be avoided bv using IVWitt's Witch Hand Salve, the great remedy for piles und for ail kind- vt sore.- and skin troubles. J. R. Adams & Son.

Prosperity Checked. The great wave of prosperity so wildly heralded a few weeks ago seems to have broken and is now receding without having become generally diffused. A review of the situation for the past six weeks is very dearly given by the Philadelphia American in its last issue. We quote from it as follows: That a check has come over the upward tendency of prices oa our stock and produce exchanges is apparent. Early in September the boom in the stock exchanges reached its zenith, at about the same time prices for commodities that had been rising generally during the summer mouths began to recede. And this recession in prices has ■been considerable and still goes on. Wheat has fallen iu price by fourteen cents a bushel since September 1st; other grain products have fallen proportionate**; cotton has lost nearly two cents a pouud, and, as we have said, there has been a material shrinkage in stock exchange values. And as the fall in prices goes on. men who have buoyed themselves upon expectations wonder if there is any ground for the expectations iu which they put faith, men who gave orders for goods when the tendeucy of prices was upwards regret it, men who hopefully increased production while prices were rising and went on confidently piling up goods for which there was immediate market, in the confident belief that a demand for such goods would come that would enable them to get rid of such goods at an advance in price, are inclined to curtail production. If it was net for the fact that the men who have thus piled np goods are largely indebted to the banks and that they must depend upon the banks for assistance to carry such stocks there would be more curtailment of production than there is. Men greatly indebted to the banks hesitate to cease product ion. although their warehouses may be overcrowed; fearing, indeed knowing, that such curtailment would impair their credit. The advance in stock exchange prices that went on during the late spring and summer, an advance that men predicted was just beginning when the banks were constrained, by falling reserves, to curtail their accommodations. And the same was true with the advance in commodities that had taken place during July and August. When the banks could no longer extend their credits men could not go on piling up goods ou their shelves, could not go ou buying goods without a market for them. So the result was curtailed demand and recession of prices, a recession that was helped along by a pressure to sell, forced by the banks calling in loans. And as this recession in prices, first referred to as merely of a temporary nature, has not only lasted but gone on growing, men who took- part in booming prices have commenced to ask themselves whether there •uvtv any goo \ reasons for the advance in prices culminating about September 1st, whether there are any good reasons for ... I I ■■ I .

expecting higher prices in the immediate future. And when men thus calmly weigh conditions they find that there were just two reasons for the advance in prices aud one very good reason for the present recession, which cause must be removed before prices commence to rise again. And thg two causes for advancing prices were, first, a raising of tariff rates, naturally followed by a raising of prices for such products as we do not produce at home, and second, the failure of the wheat harvests abroad ami the resulting extraordinary demand for our grain, making an advance in price very easy. . Such, then, were the causes at the bottom of the rise in prices, and the only solid causes. But they were uot sufficient to warrant the rise iu prices that was recorded; especially in stock exchange securities. An increase of grain traffic and an increase of railroad earnings sufficient to warrant an increase of dividends for this year of 1 or 2 per cent has not warranted an increase in stock exchange prices of from 30 to 40 pe» cent. If the increased earnings of this yearcould be counted upon to last forever, such rise in prices would be warranted, but an increase in freight earnings coming out of crop failures abroad aud large resulting movements of our grain, cannot be regarded as permanent, cannot be regardwl as likely to last for more than a single >*ar, so that really alt that has been added, o~ that there is promise of beiug added to the value of securities by the change of conditions of this year is the amount of the increased earnings for the present season. If there ! wc a promise of such iucreased earnings j next year and thereafter, there would be S reason for the advance in prices, but where is no such promise. Indeed, it is the height of folly to suppose that increased railroad earnings aud an increased price for wheat, growing out of crop failures abroad can be permanent. ^ Charles A. Dana editor of the New York Sun, died at his summer home in ! liOng Island Sound last Sunday afternoon, at the ripe old age of 78 tears. Mr. Dana ’ w&s once a oolaborer with Horace Greely, having been the managing editor of the New York Tribune in 1847 when that paper was controlled by Mr. Greely. Among his ■ early associates were Nathaniel Hawthorne. George William Curtis. Margaret Fuller, | A. Bronson AIcott, William Henry Charming and George aud Sophia liipley. He was one of the most forceful writers in newspaj»er work. Mr.- Dana assumed control ! of tiie New York Sun in 1868 and has been the controlling factor and guiding hand and i mind for thirty years. Warning — Persons who suffer from coughs ami colds should heed the warnings of danger and save themselves suffering and fatal results by using Owe Minute Cough Cure. It is an infallible remedy for coughs, colds, croup and all throat aud lung troubles, J. K. Adams & Son.

WASHINGTON LETTISH. Our Regular Carmpoiidfiit Scads In a Batch at News. According to private letter received from those who move an diplomatic circles in London, Mr. McKinley became very much afraid about the time the governor of the Bank of England made that silver bluff, that his own bluff, the international bimetallic commission, was being seriously taken by the British government, and caused it to be unofficially intimated to Lord Salisbury that this government hail! no real desire that any steps should liei taken that were likely to lead to interna- 1 tional bimetallism, as it was slowly but surely paving the way to make the single : irold standard permanent in the United States. Senator Gorman's manly open letter to the publisher of the Baltimore Sun, offering 0 withdraw from the leadership of the j lemooratic party of Maryland, if the Sun j would show its loyalty to the democratic 1 party, by honestly supporting its candi-1 dates, and its publisher would take th<^ management of the present campaign, has been the most absorbing topic of conversation in Washington since it was published. Inasmuch as the Sun has claimed Senator Gorman, to be the only obstruction to its ! support of the nominations of the dernoj eratic party in Maryland. Senator Gorman's j offer has placed it where it must present | some better excuse for ignoring the offer j than it has yet done, or run the risk of j losing the confidence of many democrats. [ Democratic sentiment in Washington is j practically unanimously on the side of | Senator Gorman in this controversy. In \ that open letter Senator Gorman thus defines his attitude towards the civil service law; ‘ I am unalterably opposed, except in judicial places, to life tenure of office. It is incompatible with our free institutions. 1 believe that the highest standard for admission to the civil service should be honesty and capacity. When appointed, persons ' in public employ should be free from political assessment, but I am unalterably op- * posed to any rule which will prevent the people, at stated and fixed periods from changing their public servants.*' It is no longer a secret that General Fitz i Lee. who has Iven much before the public | siuce he became our consul general to Cuba, j will be a candidate for the seat now held j by Senator Martin. It is also fully under- : stood that Gen. Lee will, when he returns ; from Cuba, probably early next year, begin j a personal canvass for the senatorship, j which he intends shall cover the entire state of Virginia, even to its remotest' corners. The administration fully recognizes The danger of a big treasury deficit during the next fiscal year, added to that which is being piled up during the current fiscal year, and^at the last cabinet meeting it was . determined that *he depart mental estimates { for appropriations to be submitted to the

earning session of Congress, should be cut oown as low as possible, in order to try to get the expenditures down to the receipts of the government. This is confirmation of the arguments presented by prominent democrats while the tariff bill was before Congress—that the bill would not raise sufficient revenue. How to find Oat. Fill a bottle or common glass with urine and let it stand twenty-four hours; a sediment or settling indicates an unhealthy condition of the kidneys. When urine staius linen it is evidence of kidney trouble. Too frequent desire to urinate or pain in the back, is also convincing proof that the kidneys and bladder are out of order. WHAT TO DO. There is comfort in the knowledge so often expressed, that Pr. Kilmer’s SwampRoot. the great kidney remedy, fulfills every wish in relieving pain in the back, kidneys, liver, bladder and every part of the urinary passages. It corrects inability to hold urine and scalding pain in passing it, or bad effects following use of liquor, wine or beer, and overcomes that unpleasant necessity of being compelled to get up many times during the uight to urinate. The mild and the extraordinary effect of Swamp-Root is soon realised. It stands the highest for its wonderful cures of the most distressing cases. If you need a medicine you should have the best. Sold by druggists, price fifty cents and one dollar. You may have a sample bottle and pamphlet both sent free by mail. Mention the Democrat and*send your address to Dr. Kilmer & Co., Biughainptou, N. Y. The proprietors of this paper guarantee the genuiueness of this offer. o Indiana’s tallest man is “Big *Johu“ Williams, who lives in Washington county. 35 miles from Jeffersonville, lie is a farmer and is very strong. He is seven feet seven inches tall ami weighs 2S0 pounds. Fret! Hines, twenty years old of Charleston, is j six feet ten inches aud weighs 260 pounds. M. E. Pangboru of Clark county, is six feet seven inches. Clvde and Eddie Thompson , of Jeffersonville, are big for their age, as Eddie six years old, weighs .120 and Clyde, six years old weighs 95. J. C. Rerrv, one of the best known citizens of Spencer, Missouri, testifies that ho cured himself of the worst kind of piles by using a few boxes of IV Witt’s Witch Hazel Salve. He hail been troubled with piles for over 30 years and had used many different kinds of so-called cures: but DeWitt’s was the one that did the work, and he will verify this statement if any one wishes to write him. J. R. Adams & Son. The remains of the infant child of Mr. and Mrs. Ed Redenhaugh of Yeipen, Indiana. passed through this city today enroote : to Gates, Indiana, for interment, accompanied by the parents and friends,—Priuceton Democrat.

!>&> X5? St? THE * ® 0>-^^OE^X«t lXOZE2 $ S-^. NEW Oil Dry Goods, Clothing', Boots, Shoes, Hats, Caps and Gent’s Furnishings, commenced at the III YORK III I u OCTOBEE 1, 1007, And will continue as long as the goods last. This sacrifice sale will be of more benefit to you than anything ever offered. Everything is marked at special low prices, so bring this paper with you and satisfy yourself that you are getting goods as advertised. Remember, this s de will continue as long as goods last. *

Fancy Prints. worth 5c, for only....... Indigo Blue IViats, worth 5c, only.. . ... Good Slutting-, per yard. .„.. Heavy Shirting;, worth 8$c, only..I... Good Muslin at only........,... .... . Yard-wide bleached Mu-lin.. .. ... .. Good Apron Gingham, only :. .°.. Fancy Gingham for Dnwse>, worth S^c, only......_ Good Canton Flannel, onlv... Heavy Canton Flannel, only...;.. Good Flannelette, only....... Flannelette, worth 10c, only.....,....... Imported Henrietta, for Dresses, only,... .. Black Sateen-, worth 12$e, only. .. Fancy colors in Cassitneres. only....... Double width Castimeres, in colors, only ..... All Wool novelties in Dress good*, only.. Extra wide Cape Cloth, iu all colors, worth 1.23 per yard, only Good Bedticking, heavy, only ...... Misses’ Corset Waists, each.... II untingburg Yarns at the very lowest prices. Fancy Draperies at...... ... Eider Down at.•....... ... 3fC ,4yc 4c 6Jc 44c 5c »4c 5c 4jc 7*c 3c 74c i * I 10c Stc 15c t 20c ?5e 15c 45c

A 1-WobI Eider Down, good colors, at.... .... 50c Woolen Flannels, ml, at....12$e A good t willed ml Flannel, at............ ....*. 19c White Flannel, good quality...;.30c Good Cotton Jeans at.... ...ll$c AU-Wool Jeans at.......... .23ie All-Wool Jeans, worth 50c. tor....... . 35c Good Cotton Blankets, per pair, only ........ 46c Heavy large size Cotton Blankets, per pair, only..... 65c * Wool mixed Blankets, per pair......1 00 All-Wool ml Blankets, worth 3.00 per pair...1 75 Good size Comforts, each ...... . 69c A good Comfort, large size........—..... 98c Cotton Batting, per roll...4Jc Floor Oilcloth, 4x4, 4x5, 4x6 and 4x6. at ...... 23e Table Oilcloth, best quality, at..... 15c Red Damask at 15c Ladies' Union Suits, good, for v 48c Misses' Union Suits for 39c Children s Underwear from 10c up Men's heavy Undershirts, worth 40c, for 25c Men's heavy Cotton Drawers for 25c Ladies’ ail-Wool Skirts for 65c

lilies' fleece-lined Hose, per pair, _ 12^0 Misses Hose, per pair, ' , 5c Window Shades, each, 12|e Ladies’ Mittens, per pair, lOe lilies' heary Oil (Irani Shoes, worth 1.40, for 1 00 LadiWheavy Shoes, worth 1.35, for ** 85c Ladies' Calf Skin Shoes, worth 1.65, for 1 23 Ladies' fine Shoes, button or lure, worth 2.00, for -1 25 Children's School Shoe*, from 8 to 12, per j>air, 65c Misses’ Shoes, from 13 to 2, j»er pair, 75c Infants’ Shoes, from 2 too, per pair, 21e Men’s heavy Oil Urain, tapped sole, worth 1.50, for * 1 33 Men’s fine Shoes, only 1 00 Men's fine Shoes, lace or congress, peFpair, 1 75 and 8 00 Men's heavy Shoes, extra high top, worth 3.00, per pair, only 2.00 Men's heaTy lined Cotton Jeans Pauts, per pair, 60c Men’s Wool Jeans pants, per pair, - 05c Boys’ Wool Jeans Pants, per pair, ' 65c Men’s round and straight cut Suits, per suit, only 4‘ 50 Men’s heavy Cheviot Suits, black, per suit, 5 50 Children’s Snitsv per suit, * 48c Children’s Suits, well made, per suit, 1 00 Men's heavy black Coats, worth 1.50, for only 1 00

# Buy your Boot* end Shoes 40 percent cheaper than ol people who will humbug you with old shoddy goods. Patronize home industries. The New York Store, Mas Blitaer, Proprietor, FEZEBSBTJBG-, jpTPXAJiTA.