People's Pilot, Volume 4, Number 1, Rensselaer, Jasper County, 22 June 1894 — Page 7

BRITISH TESTIMONY.

A London Financial Paper Gives Some Sensible Views on the Silver Question. The assumption of those who are now trying 1 to convince the people that the bimetallic financial policy is all wrong and the Wall street policy all right, is that the moment this country, acting independently of other nations, opens its mints to the free coinage of silver, gold will go to a premium and disappear from circulation, and we shall be on a silver basis. “Look at Mexico!” the Wall street organs cry. “Do you want to be like Mexico?” This assumption is intended to dispose of the whole silver question and to make the financial policy of Mr. Cleveland invulnerable to criticism. But let us examine it. Let us take the assumption at its worst and see what amounts to. Let us admit that the result of the free coinage of silver would be what the Wall street organs claim — that gold would go to a premium and disappear, and that our currency would be on a silver basis. The main question to consider is purely a practical one. Would the silver basis be a better thing for our country and our people than the gold basis which is now displaying its deadly effects? The whole matter is one of practical utility. There is no choice per se between the two money standards. One is as good as another if it be equally as beneficial to the people. One is better than the other i/ it is calculated to improve the condition of the people and enlarge their prosperity. The Mexican argument is the suggestion of gross ignorance. It is the gold standard that is now Mexicanizing our people and destroying the vital forces of their prosperity. The silver standard would have the -same effect in this country that it has in Mexico if our people had no more energy than the Mexicans, if they were commercially isolated as Mexico is by reason of its small export trade, if their resources and their industrial prospects were no greater than those of . Mexico, But how is the silver standard affecting The people of Mexico? The following paragraph, taken from the report of the Mexican Central railway, tellsapartof the story: “The decline in the price of silver has caused a large curtailment in importations, as such importations must be paid for in gold, but Mexico; being on a silver basis, and wages and the necessaries of life not being affected by its decrease in value,' the' effect has been to stimulate manufacturing and other industrial enterprises of the country and increase the local transportation. This is evidenced by the fact that the local freight earnings in the last quarter of 1893 show an increase of 30 per cent, over the same

period of 1892. ” Under the gold standard the loss in earnings of the railways of the United States lias been how much? Certainly not less than 50 per cent, during the past twelve months. But this apart, what would be the result of the silver standard in our relation with Europe and our trade relations generally? We shall permit good British authority to speak on this subject. The Loudon Financial News, which is an undoubted authority, even in Wall street, makes this statement: “There can be no doubt about it, that if the United States , were to adopt a silver basis to-morrow British trade" would be ruined before the year was out. Every American would be protected, not only at home,' but in every other market. Of course, the states would suffer to a certain "extentthrough having to pay their obligations abroad in gold,, but the loss on exchange under head would be a mere drop in the bucket compared with the profits to be reaped from the markets of South America and Asia, to say nothing of Europe. The marvel is that the United States has not long ago seized the opportunity, and but for the belief that the way of England is necessarily the way to commercial success and prosperity, undoubtedly it would have been done long ago. Now, Americans are awakening to the fact that ‘so long as they narrow their ambition to becoming a larger England’ they cannot beat us. It has been a piece of luck for us that it has never before occurred to the Americans to scoop us out of the world’s markets by going on a silver basis, and it might serve us right if, irritated by the contemptuous apathy of our government to the gravity of the silver problem, the Americans retaliate by freezing out gold. It could easily be done, and we propose shortly to show, by evidence collected from perfectly unprejudiced sources, that even now the process has begun, and is proceeding at a rate that will astonish most people, and probably make this country regret that it did not at an earlier stage fashion its monetary policy on principles of friendliness to other nations, instead of on a basis of short-sighted selfishness.” The foregoing appeared in the London B’inancial News of April 30, and it is worthy the attention of all thoughtful men who take an interest in this great question. As far as it goes, and it goes pretty far, the statement of the Financial News could not be stronger. The editor, perceiving that this country has the solution of the money question in its own hands, expresses surprise that our people have not disposed of it sooner. The only reason that.it has not been done is because the interests of British bankers and of eastern bankers are practically the same. Lombard and Wall streets are joined together, and they are backed in this country by the political tories who have thus far controlled our financial legislation. • The Financial News says that the only difficulty this country would find in a silver basis would be the payment of its foreign debt in gold. This would be the case if we were commercially isolated —that is to say, if our exports were of no importance to Europe—\jut our gold debt abroad would be paid in our cotton, wheat and other commodities that Europe finds necessary to its comfortable existence. If the free coinage of silver would really place us on a silver basis, as tfie Wajl street prgans assume, our stock of gold’ would go to a premium here, und be gradually

shipped abroad. This would lessen the financial strain in Europe and cause prices to rise there. They would rise, in fact, to the extent of the gold premium here, and our products would be benefited. We should have no more difficulty in paying our gold debt than we have now —and not as much,for the enlarged volume of currency that the free coinage of silver would give us would revive all forms of business, restore prosperity to all interests, and give a renewed impulse to industrial progress and to the development of our material resources. But, as matters stand, how are our railroads to pay the interest on their securities held abroad? Their earning are decreasing every week, and it is only a matter of a few months when the most prosperous of them will have to default. That is the outlook now and there is no reason why there should be any concealment about it. In addition to this, our gold is going out whenever the European bankei*s choose to put on the screws, and there is nothing to take its place in our circulation, and no way to replenish the treasury except by increasing the bonded debt of the people. Therefore—assuming that the Wall street organs are correct —wouldn’t the silver basis be better for this country than the gold basis that is now crushing out the prosperity of the people?—Atlanta Constitution. A MISFIT. Public Marriage of Silver and Protection. According to the London Fortnightly Review ex-Speaker Reed has taken a bold position respecting the tariff and free silver. It will unquestionably have a considerable influence in England, as well as in our own country. The ex-speaker refers to the monthly purchase of silver, under the act of 1890, as a “most vicious proceeding.” Mr. Reed acknowledges that the situation has entirely changed in the past six months, and the country must hereafter consider silver and the tariff as one question. Mr. Reed’s method of coercing gold governments would be to form a bimetallic league of governments, on a high tariff basis, offering reciprocity as the reward of free coinage of silver. Here it will be noticed that the ex-speaker makes protection as the lever for securing free silver coinage. -This may appear like quite an audacious move for a public man who has been so conspicuously identified With the opponents of silver expansion. As he. means to have inferred in his interview, this change only reflects that which has taken place in the minds of very many public men in the eastern states during the past six or eight months. It will not be forgotten that the ex-speaker defeated, by the use of the power of his office, one free coinage bill from fear that if it received the approval of the popular branch the president at that time would hot have possessed the necessary grit to veto it, and encounter the opposition of the silver ring. “Tom Reed,” the favorite of New England republicans, is always prompt and decisive in what he undertakes, and if it is absolutely necessary for the prosperity of the country that the east should relinquish its old views in favor of a single currency standard, he is the statesman to lead the movement as presidential candidate, although the use of the tariff for war upon England is a younger candidate’s prior invention. It is the only way remaining, apparently, to maintain in -this country the extreme protectionist policy, for which the silver votes in the west are necessary in the senate, as has now been demonstrated.

The immediate future may witness a good many remarkable political occurrences. The promoters of the New England bimetallic movement could not have a more sagacious and intrepid defender of their recently expressed faith than Hon. Thomas B. Reed. Will Mr. McKinley and Mr. Harrison publish their opinions of the international combination projected as a now way of enforcing free silver coinage and reciprocity at the same time?—Boston Traveller.

GROWING BRIGHTER.

Light Breaking Upon the People of the Keystone State. While the Pennsylvania republicans, in convention assembled, went by no means as far in their declarations with regard to silver as the bimetallists of the west could have desired, or as many of them fondly hoped they would go, their position will be generally accepted as a favorable sign of the advance of bimetallic sentiment in the east. It would have been much more satisfactory to advanced bimetallists if the I’ennsylvania convention had stopped with the declaration that “the Americans, from tradition and interest, favor bimetallism, and the republican party demands the use of gold and silver as money.” It would have been even more satisfactory if the convention had made a simple declaration in favor of the free and unlimited coinage of silver at the stated ratio of 16 to 1. The leaven is working. The great body of the people in the east is beginning to appreciate that there is somewhere a wrong that cannot be cured by any legislation which has been proprosed by its representatives. It is approaching the point where it will not only realize to the fullest extent that more money is needed, but that the money can be supplied justly and honestly by silver, and paper based upon gold and silver, and by these alone. If the honest silver men can but convince the farmer, the mechanic, the merchant and the laboring man of the east that they have no affinity with those who would debauch the currency through irredeemable inflation methods, the victory for free coinage will have been substantially won.—Colorado Sun.

Through Adverse Legislation.

Silver, solely throng'll adverse legislation, has been depreciated one-half, and with it all other property except bonds and other interest-bearing seeuritiss. These, with gold, have nearly doubled in value as measured by the commodities of labor.-fixobnu^a.

A KENTUCKY MIRACLE.

Judge John ML Rioe Tells How He Was Cured of Rheumatism. Crippled for Six Year* with Sciatica la Ita Wont Form—He Expected to Die Bat Waa Saved in a Mar* veloua Manner. [From the Covington, Ky., Post] The Hon. John M. Rice, of Louisa, Lawrence County, Kentucky, has for the past two years retired from active life as Criminal and Circuit Judge of the sixteenth Judicial District of Kentucky. He has for many years served his native county and state in the legislature at Frankfort and at Washington, and, until his retirement was a noted figure in political and Judicial circles. The Judge is well known throughout the state and possesses the best qualites which go to make a Kentucky gentleman honored wherever he is known. About six years ago the bodily troubles which finally caused his retirement at ■ time when his mental faculties were In the senith of their strength, began their encroachment upon his naturally strong constitution. A few days ago a Kentucky Pott reporter called upon Judge Rice, who in the following words related the history of the causes that led to his retirement. “It is ]ust about six years since I had an attack of rheumatism, slight at first, but soon developing into Sciatic rheumatism, which began first with acute shooting pains In the hips, gradually extending downward to my feet. “My condition became so bad that I eventually lost all power of my legs, and then the liver, kidneys and bladder and in fact, my whole system, became deranged. I tried the treatment of many physicians, but reoeiving no lasting benefit from them, I had recourse to patent remedies, trying one kind after another until I believe there were none 1 had not sampled. “In 1838, attended by my son John, I went to Hot Springs, Ark. I was not much benefited by some months stay there when I returned home. My liver was actually dead, and a dull persistent pain in its region kept me on the rack all the time. In 1399 I was reappointed Circuit Judge, but it was Impossible for me to give attention to my duties. Ih 1831, I went to the Silurian Springs, Waukesha, Wis. I stayed there some time, but without improvement. “Again I returned home, this time feeling no hopes of recovery. The muscles of my limbs were now reduced by atrophy to mere strings. Sciatic paius tortured me terribly, but It was the disordered condition of my liver that was I felt gradually wearing my life away. Doctors gave mo up, all kinds of remedies had been tried without avail, and there was nothing more for me to do but resign myself to fate. “I lingered on in this condition sustained almost entirely by stimulants until April, 1893. One day John saw an account of Dr. Williams’ Pink Pills for Pale People In the Kentucky- Post. This was something new, and as one more drug after, so many others could not do so much harm, John prevailed upbn me to try the Phtk Pins, It Was, I think, in the first week in May the pills arrived. I remember I was not expected to live for more, than three or four days at the time. The effect of the PUls, however, was marvelous and I could soon eat heartily,a thing I had not done tei years. The liver began almost instaptanoo.nsly to perform ita functions, and has done so ever since. Without doubt tha pills saved my life and while I do not craVe notoriety I cannot refuse to testify to their worth. The reporter caUed upon Mr. Hughes, the Louisa druggist, who informed him that Dr. Williams’ Pink Pills have been very popular, since Judge Rice used them with suoh benefit. He mentioned several who have found relief in their use. An analysis of Dr. Williams’ Pink Pills for Pale People shows that they contain, in a condensed form, all the elements necessary to give now life and richness to the blood and restore shattered nerves. They are an unfailing specific for such diseases as locomotor ataxia, partial paralysis, St. Vitus’ dance, sciatica, neuralgia, rheumatism, nervous headache, the after effects of la grippe, palpitation of the heart, pale and safiow complexions, all forms of weakness eitherin male or female, and all diseases resulting from vitiated humors in the blood. Dr. Williams’ Pink Pills are sold by all dealers, Or will be sent post paid on receipt of price, (50 cents a box, or 6 boxes for *2.so—they are never sold in bulk or by the 100) by addressing Dr. Williams’ Medicine Co., Schenectady, N. Y. Agnes (reading of the death of a friend)— “How true is the saying: ‘Man proposes and God disposes.’ ” Her Elder Bister (sighing)—“l wish that were more than half true.” Agnes—“ Why, what do you mean! Which half is untrue?” Her Elder Sister— “ —Man proposes.” —Brooklyn Life.

One Fare Excursions South ViaC.A E.I.E.R. Round trip tickets will be sold from all stations on the Chicago & Eastern Illinois R. R. on July sth, August 7th, Sept. 4th, Oct. 2d, Nov. 6th and Dec. 4th, 1894, at one fare, to points in Kentucky, Tennessee, Louisiana, Mississippi, Alabama, Georgia, North Carolina, South Carolina and Florida. Tickets good to return fortwenty days from date of sale. Stopover allowed on going or returning journey. For further particulars apply to any C. & E. 1. R. R. agent or Chas. W. Humphrey, northern passenger agent, 170 E. Third street, St. Paul, Chicago city ticket office 230 Clark street, or to Charles L. Stone, G. P. & T. A., Chicago, 111.

1 A toung husband on his honeymoon trip has given the conductor two cigars so he would keep other passengers from his coupe. At the next station the conductor opens the door and exclaims: “I must let in other passengers—l tried one of those cigirs.”—Fliegende Blaetter.

Tourist Excursion Tickets

At reduced rates are now on saie, yia The North-Western Line, to St. Paul, Minneapolis, Duluth, Deaawood, Dakota, Hot Springs, Denver, Colorado Springs, Manitou. Salt Lake City, Yellowstone National Park and all the lake and mountain resorts of the West and Northwest. For rates and full information apply to agents of connecting lines. Illustrated pamphlets, giving full particulars, will be mah*d free upon application to W. A. Thrall, General Passenfr and Ticket Agent Chicago & Northestern R’y, Chicago. “Dah’s a good deal in mekin’ a judicious ch’iceob yoh field ob endeavor,” said Undo Eben. “Industry an’ perseverance and gwine ter he’p de hand-organ grinder ’at plays in front ob a deaf an’ dumb asylum.” —Washington Star. “I like to see a man think a good deal of his home,” said old Mrs. Jason, “but when he stays out all night to brag about how happy a home he has, I think it is carrying his auction afiittla too far.”—lndianapolis Journal.

Knocked Ont of Timo

By that able blood depurent, Hostetter’s Stomach Bitters, the young giant, rheumatism, withdraws beaten. In maturity it is harder to conquer. Attack it at the start with Hostetter’s Stomach Bitters, and save yourself years of agony and constant danger, for this malady is always liable to attack the heart. Potent in*malaria, dyspepsia, constipation, nervousness and kidney complaint is the Bitters. “No, Gerai.dixe; a landscape done in oil Isn’t necessarily a keros(c)ene.”—Buffalo °—ier. A rkuc of a lost race—the empty pocketbook.—Boston Commercial Bulletin.

INDIANA STATE NEWS.

Arthur Harman, aged about 14 years, was seized with cramps and died whil* bathing in White river near Rockford’s. His body has not yet been found. Dunkirk capitalists want to extend the railway to Redkey. Wm. DeMoss, a German plate-glass worker, employed at the Elwood Diamond plate-glass factory, was helping to carry a large plate when it broke and a piece fell across his arms, cut- 1 ting them to the bone, severing muscies ligaments and arteries, from which he nearly bled to death. Suit for 515,000 damages was filed at Richmond by C. D. Mills against the county commissioners. His demand is on account of injuries received by the falling of a traction engine through a bridge. He lost a hand and sustained other injuries. The county superintendent of schools has decided to transfer the coun- : ty institute from Anderson, the county j seat, to Alexandria, on account of no ; available hall in that city. The prohibitionists of the Fifth congressional district nominated Elihu F. Barker, of Johnson county, for congress. At a meeting of the city council ol Burlington, the saloon license was reduced from 5150 to 5100. Dr. J. B. ] Stillwell, a councilman, at once tendered his resignation, saying he did I not wish to belong to a body that would reduce a saloon license. The Memorial association of Lafayette, composed of veterans, will decorate the graves of the heroes who fell at the battle of Tippecanoe, early in this century. Striking miners at Troy and Canneltbn went to work the other morning. Nearly all resumed Monday. The settlement does not affect wages. Chas. Johnson developed a case of smallpox at Richmond. His father died with a malignant attack of the disease a few days ago. At the state Sunday-school convention held at Muncie the following officers were elected: President, Charles F. Coffin, of Indianapolis; vice president, Judge J. S. Kirkpatrick, of Kokomo; secretary and treasury, Charles Weaver, of Kokomo; executive committee, M. T. Reeves, of Columbus; Rev. T. U. Kuhn, of Tipton; J. Morris, of Rockville; Rev. W. T. Stalt, of Franklin; S. W. Axtell, of Bloomfield; Rev. A. Myers, of Indianapolis; Rev. ,T. A. Pollock, of Lebanon; Charles L. Weaver, John D. McNeely and Charles F. Coffin, of Indianapolis. In addition to these there were twenty-four vice presidents selected. John Dyar, a prominent fancy horse breeder, of Kokomo, was kicked by a colt the other day and .will probably die. He had two horses killed by the cars that morning and was breaking colts to take their places, when one of them kicked him, crushing in chest.

A class of 21 was graduated at the Rose Polytechnic institute. At Ft. Wayne A. 0. Trentman, the largest wholesale grocer in Northern Indiana, made an assignment. The liabilities are between 570.000 and 5100,000, and the assets nearly the same. At New Albany Marion Pickering and Sim Booker were sentenced to life imprisonment for the murder of Stephen Geir, a dairyman of Jeffersonville, on March 0 last. Mrs. Charlotte Hinkle, of Greenwood, died of sunstroke a (ew days ago. Edward Miller, 10 years of age, living near Homer, shot and killed himself the other evening. Tired of life. The grand jury has returned 75 indictments at Sullivan against the Shelburn striking miners, charging them with conspiracy to commit a felony. Eleven additional arrests have been made, and deputies are, looking for more.

The Yellowhammer Oil and Gas Co. was incorporated at Dunkirk with M. L. Case, T. H. Johnson, J. B. Newton, _J. T. Shtton, S. A. Wilson and C. W. Smalley directors. This company is the outgrowth of a co-partnership and is one of the most successful now operating- in the oil field of Indiana. At Kokomo, Frank .Mullen, ag-ed fourteen, while attern>to creep up on some birds in a cherrypfcrete the other day, accidentally shot himself, the load of shot plowing through his face, tearing away the right cheek and eye. He may recover. An unknown man, woman and child, apparently dead two days, were found on the Dow farm, near Borden, *the other morning. They had been shot. A pistol was found beside them. The case is one of suicide or murder. TJrey were wqII dressed. The 2-year-old infant of Prof. Ed. Utterbach, of Salma, Kan., was choked to death the other morning at the home of its grandparents, James Warfield and wife, near Waynetown, by getting a small screw lodged in the windpipe. At Anderson James Mullon, while talking to friends at home, suddenly exclaimed: “Good-by!” and dropped dead. Henry Bundy was sentenced to two years in the penitentiary for stealing a horse from his father at Connersville. He stole the animal, sold it for $9, and inside of 10 days again stole it, th's time getting 57 for it. At Hopewell Charles Vamings, a farmer, was attacked bv a bull and gored almost to death. The coal famine has struck Kokomo. All factories use natural gas for general purposes, but some use coal for certain work, such as welding st;bl and iron. All are now out of coal, these and every blacksmith shop Will be closed until some comes in. There is not a ton of coal in the city. Mrs. George Zimmerman, the you lg bride of one of the wealthiest you ag men in Decatur, committed suicide by taking morphine Family trouble is ♦•he supposed cause. The Ft. Wayne Electric Co., recently incorporated, will begin work on its plant at once, employing over SOO mechanics

The Royal Baking Powder is indispensable to progress in cookery and to the comfort and convenience of modern housekeeping. Royal Baking Powder makes hot bread wholesome. Perfectly leavens without fermentation. Qualities that are peculiar to it alone. ROYAL BAKING POWDtR 00., 106 WALL ST., NEW-YORK.

‘ Johnny, add seven apples to two apples, and what will you have!"—“Colic, air.’ 1 — Harper’s Bazar.

THE MARKETS.

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TBS BBART fg i* liable to great t? I#tL functional disturb|T\ anca through sym- _ \\ pathy. Dyspepsia, or ladigeetlon, often ■(K 'WfSffltk causes it to palplw toto 1° a distressing Sr ‘vfiim way. Nervous Pros\/sS§®|JL pVpM). tration, Debility and .wXyA Impoverished Blood, rapid pulsations. Many times, Spinal ™ ir Affections, cause .It to labor unduly. Sufferers from such Nervous Affections often Imagine themselves the victims of organic heart disease. ALL NERVOUS DISEASES, as Pv ralysis, Locomotor Ataxia, Epilepsy, or Fite, Bt. Vitus’s Dance, Sleeplessness. Nervous Prostration, Nervous Debility, Neuralgia, Melancholia and Kindred Ailments, are treated as a specialty, with great success, by the Staff of the Invalid/ Hotel. For Pamphlet, References, and Particulars, enclose 10 cents, in stomps for postage. Address, World’s, Dispensary Mcptoali Association, Buffalo, N. T.

WISE ADVICE USE "X N.KMBANK COMPANY CHiaQO -(^) THE POT INSULTED THE KETTLE BECAUSE THE COOK HAD NOT USED SAPOLIO GOOD COOKING DEMANDS CLEANLINESS. SAPOLIO SHOULD be used in every KITCHEN. ju jl - I _ Comumpllvt. and people M R# Sp g §| H cured many the* who have weak lung, or AHb- H i . . »>r>d ..c»yt P»*aasarstsssl ’ HHisri - Bold STerywbere. »Xc. J A. N. K-A ISOS WHEN WHITING to AOVKRTIftEKS puuni state that m saw tha Advert I MaMat la tMa

"Johnnie, " said the teacher, “la a Jackass a biped or quadruped!" “Please, sir," said Johnnie, “that depends on the jackass.’*— Scranton Truth. Two to Fifteen Days' Pleasure, Tours. Forty-eight pages, six maps, describe* fifty tours, costing from three to thirty dollars. A copy will oe sent free, postpaid, to any address on receipt of two two-coni stamps, by Georgh H. Daniels. General Passenger Agent, Grand Central Station, New York. Lover—“l assure you, Herr Meyer, I cannot live without your daughter." Herr Meyer—“Oh, you overestimate my—inoome."—Fliegende Blaoiter.

To Cleanse the System

Effectually yet gently, when costive or bilious or when the blood Is Impure or slug, gsh, to permanently euro habitual cons tips* }n, to awaken the kidneys and liver to • healthy activity, without Irritating or weakening them, to dispel headaches, colds or fevers, use Syrup of Figs. Time: Five a. m.—First Milkman—" Say. what yer got do two lamps on yer wagon ferf’’ Second Milkman—“Dey manes do load lighter—seof”—Harvard Lampoon. Dropsy Is a dread disease, but it has lost its terrors to those who know that H. H. Green & Sons, the Dropsy Specialists of Atlanta, Georgia, treat it with such great success. Write thorn for pamphlet giving full information. ■■■♦ While tho schoolgirl has, of course, * great many things to make her happy, ther* Is no doubt Unit chewing-gum contributes as much as anything to her jawousness. Jimmie— “My little sister knows the Ton Commandments." Robbie—‘'Humph, that’s nothing; I’ll bet my little sister knows twenty of ’em.’’—Chicago Inter Ocean. Half-cured eruptions will return. EradV cate them with Glenn’s Sulphur Soap. Hill’s Hair and Whisker Dye, 60 cents. Why is a hexameter like a June bug! B*. cause each has six feet.—Fliegende BiaetMiw — * ■

Hall'S Catarrh Cure

Is a Constitutional Cure. Price 75c. A thing as insignificant as a banana peal has caused the downfall of strong men.

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