Pike County Democrat, Volume 29, Number 37, Petersburg, Pike County, 20 January 1899 — Page 8
PERU OF BOND SALES. !' • . 1 Contract Currency and Load the Nation With Debt. ; AH IHD JOEMEHT TO HOARD MONEY Goucqut at Contraction Forces Down Prices ind Embarrasses Business Enter, prise—'fax Burden Increasing—Use of Silver ind Issue of Greenbacks Would Hare Eurnished Honey For the War. We did not suppose that any one would justify, much less boast of, the war revenue bill, which imposes enormous ti xation on the business of the country and contracts the, currency, making the payment of taxes more difficult and increasing the general distress of the country. The issuance of bonds * from time to time is not only loading the nation with an enormous bonded debt, but it is producing distressing contraction. The fact that the first offer of $200, )00,000 of bonds was subscribed for nine times over proves conclusively that this bond business wins every time.; „ It wou?d be bad enough to draw $200,006,000 from business and invest it in bonds, and thus keep it out r . of circulation for months before it will return to the channels of trade through the treasury department, but this is noi ‘ the won t feature of the bond business. The mcuey that was withdrawn from business to put into bonds and was not accepted by the government will be hoarded for another opportunity when * more bonds are issued. The fact that the bonds already is* sued arc selling at a premium is an additional inducement to hoard money > for jnvei-iment in such securities. The contract on which this hoarding creates continues to force down prices and drite men out of business and induce others who have money to put it into bonds, which under present conditions is the only possible business that will pay: ^Tor the Republican party or any one else to rejoice over or boast of a scheme which necessarily puts down prices and embarrasses enterprise, while it loads the country with taxes and continually increases the national debt, is to glory in the distress of the country which the
wretched bill is producing. If the Republican party finds it necessary to kill business and bankrupt the country in th^ir case is worse than that of the doci^or who threw his patient into fits and gloried in the writhings of his victim because he could cure fits. The only redeeming incident of the passage o:: the war revenue bill was the report of the finance committee of the senate, a majority of whom did not ber long to t he national banks. They reported for the issuance of $150,000,000 in greenbacks to revive business and to give the ...people money with which to pay taxes They also reported in favor of utilizing tfee $42,000,000 in silver bullion ir. the treasury and the issuance of silver certifi cates. If this had been done, there would have been abundance of money to pros.ecute the war, and the revenues with .the greenbacks and silver would have been amj le to prosecute the war without the issuance of a bond. In fact, the scheme of a majority of the committee would have furnished more money for the war han the bonded scheme of the banks which became a law. We again call attention to the fact that 25,000,000 of people in the last years of the civil war were able to pay $300,000,000 from internal revenue taxation, while 75,000,000 today cannot do the same thing without sore distress, if they can do it at all. We protest that because we had cause for war with Spain the government of the United States did not necessarily have a cause against the people, and the war waged against the people of this country by the war revenue bill will produce more distress than the war with Spain will do to both countries. If any person doubts this, le; him look about and see the situation of his neighbors. If he has mone^ to : nvest in bonds, they have not See hew they are getting along in his neighborhood, and he will see the workings of the war revenue bill, the so called glorious and patriotic scheme of the banks against the people. order to keep the silver
One of the Floppers. The Fresno Republican objects to The Mail’s statement that the Republican papers of this state preach doctrines which they do not believe. The editor of The Republican is new as well as somewhat heavy. Otherwise he would know that all Republican papers in California were rabid advocates of silver in May, 1896, and all goldbugs in less than two weeks after getting orders from headquarters. They were either hypocrites before or after the flop. That is certain. The Fresno Republican is one of those that flopped too.—Stockton Mail. Records Don’t Embarrass. Mr. Hanna still assumes to run. Republican politics in Ohio, and it is reported that he will attempt this year to make s, prime specialty of the war.1 He is one of those public men who do not allow a record to embarrass them. Consistency is a jewel that is not to be found on his fingers or his watch chain. Mr. Hiinna was notoriously a Tory at the beginning of the war with Spain. He wa n opposed to the liberation of Cuba. He is now attempting to reap the benefits of conditions that exist in ' "Spite ctf him.—Cincinnati Enquirer, i Nothing For Something. Stevs Elkins favors retaining the Philippines because we can now get for nothing what other nations would pay big money for. Steve’s ability to get something for nothing is only equaled by W st Vi rginia’s luck in getting nothin j for something when she elected Steve 1o the a mate.
The marriage of Mias Adda Smith to Mr. Mel Hartin as was announced in the Democrat last night, occurred at the residence of the bride’s parents in south Prince streets at 7 o’cloc k last evening. Only the families of the contracting parties were present. The ceremony was performed by Rev. J. E. Jenkins. Immediately after the services the happy couple were driven to the Union Station where they boarded the north bound train for Cincinnati. Their absence will b<^ indefinite, and they had not fully dec-i ded as to making their future home in Princeton. The bride is the daughter of Mr. and Mrs. T. S. Smith, and has many "friends in this city who wish her much happiness. The groom is the son of Mr. and Mrs. Joseph Hartin. and is well known in this city. The c Democrat extends congratulations.—Princeton Democrat. The beadly Grip Is again abroad in the land. The air you breathe mhy be full of its fatal germs! DonH neglect the “Grip’’ or you will open the door* to Pneumonia and Consumption and invite death. Its, sure signs are chills with fever, headache, dull heavy pains, mucous discharges from the nose, sore throat and never-let-go cough. Don't waste precious time treating this cough with troches, tablets or poor cheap syrups. Cure it at once with Dr. King's New Discovery,, the infallible remedy for bronchial troubles. It kills the disease germs; heals the lungs and prevents the dreaded after effects from the malady. Price -50 cents and $1.00. Money back if not cured. A trial bottle free at J. R. Adams & Son, ,37-3 The City Markets. h Eggs—13 cents.. Butter—12i cents. ■* ‘ Onions—7,j cents per bu. Potatoes—50 cents per bu. Chickens—^Chicks 7c. hens 5c. Turkeys—Hen turks 7c. Navy Beans—-$1.75 per bu. Shoulders—5c. Sides—9c.
Lard—5) cents per lb. \ Pork—Hams, smoked, 124 cents. Wheat—bOcents per bushel. Corn—20 cents per bushel. Oats—30 cents per%ushel. Rye—40 cents per bushel. * Clover Seed—$2.25 per bushel. Salt—85 per bbl. Hogs—$3.10 jto $3.15 per 100. Cattle—$2.00 to $4.00 per 1.00. Sheep^-$3.0Q to $4.00 per 100. Cincinnati Markets. Wednesday, .Jan. 18,1809. I Wheat. t»8c toTl^c: corn, 34 to 354c; | oats, 20 to 29c: rye, 54 to 57c: cattle, heavy, $2.50 to $4.85: hogs, good shippers, $3.10 to $3.70: sheep, $2.25 to $3.90. • ' United States Postoffice. | Luther, Mich., Feb. 24, 1893, Dr. C. D. Warner. Cold water, Mich. Dear Sir:—I was afflicted with that common scourage—“LaGrippe,” and had violent paroxisms of coughing from which I could get no relief until upon the recommendation of Rev.. E. L. Odle I bought a 25 cent > bottle of your “White Wine of Tar,” which afforded immediate relief. I have taken | two bottles and now consider myself j cured, and I always recommend it to all my friends; who are similarly afflicted, for I know it to be good. Very truly yours, &c., j Ernest Nicholson, 4*. M. Sold by Paul Bros. The Cumberland telephone line to Winslow was completed last Saturday and is now in complete working order. This will be a great convenience to the citizens of Winslow who have business in this city.
How to Prevent Pneumonia. You are perhaps aware that pneumonia always results from a cold or from an attack of la grippd'. During the epidemic of la grippe a few years ago when so many cases resulted in pneumonia, it w^s observed that the attack was never followed by that disease when Chambeildio's .Cough Remedy was used. It counteracts any tendency of a cold or la grippe to result in that dangerous disease. It is the best remedy in the world for bad colds and la grippe. Every bottle warranted. For sale by J. R. Adams & Son. To The Public. We are authorized to guarantee every bottle of Chamberlain's Cough Remedy and if not satisfactory to refund the money to the purchaser. There is no better medicine made for la grippe, colds and whooping cough. Price, -5 and 50 cents per botthk Try it. J. R. Adams'& Son. ’ ? Foley’s Honey and Tar*5^ ' Cough Syrup wherever intrtfcluced is considered the most pleasant and effective remedy for all throat and lung complaints. It is the only prominent cough medicine that contains no opiates, and that can saf61v be given to children. J. JR. Adams & Son. . i Two Wellknown Statesmen Talked for months from a front porch and rear end of a car. Perhaps the use of Foley’s Honey and Tar will explain why they could do this without injury to their yocal organs. It is largely used by speakers and singers. J. R. Adams & Son. j
THE NATIONAL BANK EVIL An Element Responsible For Financial Ills. ITS LOIG FIGHT FOB 8UPBEMA0Y. Cnccuiiif Effort to Grup the Power of 1malms Currency—Wont the Eielulre Right to Wield the Gold Standard. Source of Disaster and Ruin. Ever since the first national bank was organized down to the present time the system has been a disturbing element in our finance. No one can examine the many conflicts and acts of congress on money, finance and currency without being impressed with the irrepressible strife that has been waged between it and the people for supremacy over the nation’s currency. Through all this strife, whether waged on silver, gold, bonds or currency or any other kindred subject, it has been animated by one unceasing purpose, and that is to grasp the power of issuing currency from the hands of the government and exercise that power itself. That “confusing heterogeneity which needs simplification,” as Mr. Gage now terms our existing currency, has been brought about by that very conflict, by the effort of the people to preserve an adequate money and currency and constitutional money against the assaults of the national bank and its allies to destroy it. In the last campaign we were told that every dollar of our currency was just as good as any other dollar as long as we 1 maintained the gold standard; that the | maintenance of the gold standard was the only thing necessary. The national bankers never Believed that. They knew that while the gold, standard was absolutely necessary for the accomplishment of their designs, yet that design could not be attained while our currency Was a “confusing heterogeneity.” The gold standard as it exists today is perhaps as oppressive to them as it is to the people. There is not one of them that could stand its practical operation, nor dare to push it upon another.
sLflo gftta standard is sunerabie only in a theory. It is of value to no one but to him 01^ that class that has in its own hand the exclusive power to put it into practical operation upon its- victim without hurting itself. As it exists to- ; day no one has that exclusive control, and the unwarranted exercise of it by any one injures all alike. The country ' has not yet revived from the instance ■ of such use and tho fear of its repeti- ; tion. To obtain the exclusive power to i direct the operation of the gold standard | is one of the objects of the national ! bank, and our present currency blocks its pathway to that object completely. We have talked a good deal about real money and token money. Now, so long as there is retd money the power of? I tlfegold standard .j^jfiloken, but if there ; be little real money and much token S money its power is omnipotent for evil. If we look at the statement showing the kinds of our currency there are, we will see that, excepting the national bank notes, every dollar of it is practically irredeemable, and therefore “real money.” All the certificates mentioned | represent the existence of actual doli lars, and the United States notes or i greenbacks, while they go through the i operation of redemption by one act of congress, it is peremptorily commanded by another act that they be issued again as fast as they are redeemed. Thus they are practically irredeemable. So much real money in our currency weakens the force of the gold standard, and while we have suffered deeply and bitterly from its effects the consequences will be much more deplorable if we permit the national bank to take charge of and reduce all of our currency to national bank notes and thereby have exclusive power to wield the gold standard and exalt whom they will through the alchemy of its operation. In addition to the intolerable advantages such a change in our currency would give to the national banks it would destroy about $1,350,000,000 „ of real money now in circulation or in the treasury of the United Stages and place the business of the country on a basis of about* $600,000,000 of gold, and it needs no argument to make plain the certain low level to which the prices of labor and products must sink. 41**.'
a currency reiorm oi tms cnaracter needs only to be understood by the people at large to earn itself the condemnation it so richly deserves. The conflict which has been in progress for a generation has been a struggle on the part of the national bank for the perpetuation of its life, and on the part of the people for financial liberty. * Compromises have been made, and may still be made, but they only embitter the conflict that is sure to follow. The national bank has been the fruitful source of all the ills in our financial troubles, and the organizer and leader of every assault that has been made upon the money or currency of the nation, and I challenge the whole history qf this conflict for one instance where it has been successful or its suggestions have been adopted in the change of the system of our money or currency that was not followed by disaster, depression and* individual ruin, and from which there was no recovery until such action Was reversed or its force broken by some remedial act. James Cooney. Galling to the Germans. We have always told the Germans that the narrow Republican party Has no use for the Germans except on election day. Every Republican paper from Maine to California is now falsely and maliciously making the statement that the German people are against us in this war. This must be galling to the Germans who have always supported the Republican party.—National Democrat.
Thin Blood' Where the blood loses Its Intense red—grows thin and watery, as In anemia, there is a constant feeling of exhaustion, a lack of energy—vitality and the spirits depressed* Scott’s Emulsion of God-liver Oil with Hypophosphites of Lime and Soda is peculiarly adapted to correct this condition. The cod-liver oil, emulsified to an exquisite fineness, enters the blood direct and feeds it? every corpuscle, restoring the natural color and giving vitality to the whole system. The hypophosphites reach the brain and nerve centres and add their strengthening and beneficial effect. If the roses have left your f cheeks, if you are growing # thin and exhausted from overwork, or if age is beginning & to tell, use SCOTT’S Emul- f sion. & Be sure you get SCOTT'S Emulsion. All druggists; 50c. and $1.00. S SCOTT & BOWNK. Chemists, New York. f-J; -- w E It y « M. L. & L. Kn Wo6j.SKY, Lawyers, A11 * business receives prompt attention. Collections made and remitted. Settlements of estates a specialty Office over Citizens’ bank, Petersburg, Ind. v- _ Bank btatement. _t> ReportOfthe condition of the Pike Count?State Hank at Petersburg, in the State of Indiana, at the clos^ or its business on the 12th day of January, 1800; KESOUKCES. Loans and discounts $ 56,554 IS Overdrafts ... .; . -.1 -123 77 Other stocks, bonds and mortgages 5,5.30 00 Due from banks and bankers .. 21,00$ 43 Furniture and fixtures .. __.... . 1,000 Ob' Current expenses... . 10 20 Currency.. , . 7,716 00 Specie .......». 3,150 2$ Cash items.. x. 1,218,76
lia-bilities, > Capital tetoc£ paid in 1..■*? 23,fl0ftGb Surplus; fund .. _ .. 1,.tWM0 Discount, Exchange and intent .2(>3 ij9 Prof; t, and lojss . .. 10 02 Individual deposits on demand .. - 68,521 11; Due to bauk^and bankers . 2.045^7# Total'...'.. $ 07,343 61 State of Indiana, county of Pike, Ss: I, John O. Davis,cashier of the Pike County State Bank? do solemnly swear that the above statement is true. Jons o. Davis, Cashier. Subscribed and sworn to before pie, this Uih day of January, 1899. t E. P. Richardson, Notary Public. 2s on-Kesident Xotice. State of Indiana, Pike county: In the Pike Circuit Court, February tern:, 1899. Ida Godwin i. f vs. > Divorce. Cause No. 691. AdiSon G. Godwin.) The plainttfl in the above entitled cause having tiled her complaint, together with an affidavit of a disinterested party that the defendant, Adisou G. Godwin, is a non-resi-dent of the State of Indiana, and the object of this action is to obtain a divorce from him. Now. therefore, the said Adisou G. God win is hereby notified that unless he be and ap* pear on the sixteenth judicial day of the next term of the Pike Circuit court, to be ho'deu on the first -Monday, of February, 1899, bring on the 23^1 day of February, 1890, at the court, house in Petersburg, in saidvounty arid state, and answer or demur to said complaint, the same wili be heard and determined in bis absence. V . In witness whereof Is hereunto set my hand and affix the seal of said court this 23rd day of December, 1898- - J. \V. BRUMFIELD. 34-3 Clerk Pike Circuit Court. Richardson & Taylor, pltfs. attys. r. __ ► I THE NEW WAY. I
\Y70MEN used to think “fe- „ m a le diseases ” could o if 1 y be treated after ‘‘lo- \ cal examina- ;1 dons'* by physicians. Dread of . such treatment | ( ) kept thousands of modest women j < silent about their 11 suffering. The in- | « troductiqn of
wiuc ui U4IUU1 iicu> iiuw ucmutistrated that nine-tenths of all the cases of menstrual disorders do not require a physician‘b attention at all. The simple, pure taken In the privacy of a ■woman’s own home insures quick relief and speedy cqre. Women need not hesitate now. Wine of Cardui requires no humiliating examinations for its adoption. It cures any disease that comes under the head of “female troubles”—disordered menses, falling of the womb, “Whites,” change of life. It makes women beautiful by making them well. It keeps them young by keeping them healthy. $1.00 at the drug store. For advice in cases requiring- special directions, address, giving symptoms, the “Ladies' Advisory Department,” The Chattanooga Medicine Co.., Chattanooga. Tank W. I. ADDISON, M.D., Cary, Miss., says: “I use Wine of Cardui extensively in my practice and find itamostexcellent preparation for female troubles.” r. v.-l.;;
The dear ugiifi period is here. Low Price b the otfiy and quickest? >utiet we have at this time of the season. While invoicing 'vc found a great many odd Suits. .They have been |itaoed on a separate counter and will be sold at the nini kibl'low figure of „ '.^7
•<T .! • j One-Ha If Regular Price I < These Suits arc not old shop worn garments; they are Fall ami Who weights, Sack and Frock styles. Many are French faced and satin piped. This is the Way We Price Them. Men's fine French Worsted Suits m fancy check, round cut sack. Sold at $16.00. Cut one half...... Men's heavy all-Wool Cassimere Suits, veil trimmed and good patterns. Sold at $14.00. Cut to.._.... Men’s fine Black Clay Worsted Suits, all Wool, won't fade. These Suits ajre great values at $13.50. * Cut one half . i.____ A few Suits that are great bargains, in plain and square cut sacks. We so|d them at $6.50Band $7.50. Cut one half_......... Remember, these Suits are on a special counter, marked in plaitf fi< If you can secure a fit out of this3 lot you will save many dollars on a 'This sale lasts until February 1st. The best go first, so eoine purchase. ^Sitar Clothing Houses | 1® ciny PETERSBURG, INDIANA. w m i iniiHMiMliia 'V
fr LONG ■ t distance* telephone
Will fujrnish you telephone service at a reasonable rate. Our present rates leave small excuse for a well appointed * )r office being without the advantages of telephone service. In an emergency—the telephone will prove itself your friend. For information, apply to the office, Carpenter building.. J. H. McCLURKIN, Local Maru Once
Mice of Sale Of Red Estate by Administrator. The undersigned administrator of theestate ►f Ludwig. Weber. deceased, hereby gives tot ice that by virtue of an order of the Pubols •ircuit court, he wilt at the hour of one u’cloch ). in. on Saturday,.the25th day of February, A. D. .,' J. 1899. )ffer for sale 4t public auction, on the prem- j ses the undivided two-thirds part of the fol- j owing described real estate situate in Jefler- j on township,U*ifee county, Indiana, to-wit: "lie southeastiquarter of the northwest quarer of sections: number thirty-one. township i lumber one north, range number six west, 40 icres; part of the northeast qnarter of the j outhwest quarter of said section 31, in°said | ownship arid range, described as follows: | 'ommencing at the northeast corner of said j lortheasi quarter of the southwest quarter, j hence west iten chains, thence south ten bains, thence east ten chains, thence north j en chains to jthe place of beginning, containng ten acres, more or less, and part of the outheast quarter of said section thirty-one, n said township and range, more particularly | lescribed as‘follows: Commencing on the j inlf-miie linse at a point thirty-eight rods J lortb of the southwest corner of the northrest quarter 6f the southeast quarter of said ection thirty-one, thence north forty-two ods, thence .east on the half-mile line one tnndred rods, thence due south fifty-four ods to the Porteisville road as at this date, hence bearing north to the plaoe of beginling, containing thirty acres, more or less, ontaining iaall eighty acres, more or less. Said sale will he made subject to the apiroval of saijd, court, for not less than twobirds of the appraised value of said real j state, and upon the^ following terms and onditions: f One-third of-the purchase money cash in land, the balance in two. equal installments, (ayable in nine and eighteen mofaths. evilenced by ncites of the. purchaser, heating six j lercentum interest from date, waiving relief j if valuation laws, and with good freehold, ureties to the approval of the administrator. I JOHN WEBER, Administrator. P. S.—At the same time and place, and on he same teams, the undersigned Elisabeth Veber, widojw of said decedent, will sell her \ nterest in and to the above described real state, the Same being the undivided onehird part thereof, ELIZABETH WEBER, Widow. Jan.20,188*1 37-4 t TraylAr A Hunter attys. for administrate*IjflVfPTICEfiQ Of 5tne:$,wnu wish to -ax srniis II VCIt I IdCItd thk paper, cr obtain estirstp* a advertising space when in Chicago, wii! find it on f M a: 15 to 49 Randolph St . a ana O TUftUilO ^Advertising Agency of LUflll * IffUffiltdi
At 30c peir 100 pounds deli' Telephone 3s o. 41-2. <4FRED SMITHS Dealer in all kinds of FURNI
Funeraf Supplies a Speei We keep on hand at all times the flues! line of Parlor and Household Furniture to be found fn the city. Bedroom and Parlor Saits a Specialty. In funeral supplies we keep Caskets, Shrouds, etc., of the best make. vvyftl
