People's Pilot, Volume 4, Number 18, Rensselaer, Jasper County, 19 October 1894 — Page 3

SILVER DOLLARS.

TreMury Officials in New York Are Glad to Take Them. The deputy sub-treasurer at New York has discovered not only that silver dollars are money, but that they are in demand at this time. The steady revival of business has created a demand for small bills. This is manifested in all parts of the country. In addition to the natural contraction of our currency, a large portion of it is in the form of bills of very large denominations —8100 and over —which, of course, do not enter into the circulation to any great extent. The policy of the treasury has been to furnish small bills in exchange for gold only. This was to enable the treasury to perform what has apparently been its principal function, namely, to furnish gold to the agents of the foreign bankers. But the banks at home have at last compelled at least a temporary recognition of the right of the American people to some benefit from the “uniform currency” provided by congress as required by the constitution. They clamored for an exchange of large greenbacks for small ones until they obtained it. Says the deputy subtreasurer at New York, in an interview with the New York Herald: “We have paid out from the subtreasury during the last four days small notes aggregating 81,058,000 in exchange for those of large denomination. That is a greater sum than has been exchanged during the entire preceding month.” It seems incredible that there shonld be a rule in the treasury department preventing the exchange of large bills for small ones for the accommodation of our people, and providing that small bills shall be exchanged only for gold, when it is notorious that there is no home demand for gold coin. The deputy sub-treasurer continues: “The demand was so tremendous that some banks were even glad to take silver dollars, so you may form some idea of its extent.”

What sort of language is this to be applied by a treasury understrapper to the coin of the United States, which the law declares to be a full legal tender for all debts, both public and private? Objectionable, however, as is the form of his expression, he is an unwilling witness to the truth that the bankers are glad enough to get silver dollars for use among their customers. Whenever the treasury pays out silver dollars, instead of silver certificates representing the dollars, there is always an unpleasant suspicion that it is done to inconvenience the public and make silver dollars unpopular. Gold coin is much scarcer among the people than is silver coin. It would be absolutely impossible for the government to keep anj’ considerable amount of gold coin in circulation, because the people do not like the weight of it. The treasury official above referred to concludes his interview in the following words: “We cannot give one and two-dollar bills to anj r great extent, because they cannot be printed fast enough, and never has there been a sufficient quantity of them. But we hope to catch up with the demand before long.” Why has there never been a sufficient quantity of small bills? Why has the treasury department denied the people the benefit of even the contracted currency volume? Greenbacks might as well be retired as to be pointed in denominations of from one to ten thousand dollars. It will be well for congress to inquire into this subject, and see to what extent our limited volume of currency is still further contracted by the methods of the treasury department. Referring to the silver dollar, the administration is showing some signs of grace by slowly coining the bullion in the treasury, and by substiiuting silver certificates for the Sherman coin notes which have hitherto been improperly treated as gold obligations. Every dollar of bullion in the treasury should be coined. Fifty-five millions of the dollars so coined will belong to the government. The remainder will be held for the redemption of silver certificates substituted for Sherman coin notes. This will put an end to the infamous suggestions made in some quarters that the silver bullion for which w r e have issued Sherman notes is only so much “pig metal,” to be sold on the market.. It will also silence the convulsive laughter of the witty fellows who told us that the coining of fifty-five millions of seigniorage would be “coining a vacuum.” Mr. Carlisle’s course is smply obedience to the law of the land, and, though very tardy, we hail it as evidence that the president has at last felt impelled to yield to the public demand for the execution of the existing silver coinage laws. As the coinage proceeds but slowly with the present mintage capacity, appropriations will be in order at the next session of congress for the erection of new mints.—Cincinnati Enquirer.

THE QUESTION OF SILVER.

It Is Not Sensible to Maintain That an International Agreement Is Necessary to Restore Silver. It is not undemocratic to favor international bimetallism, but it is neither democratic nor sensible to maintain that an international agreement is absolutely necessary before silver can be restored as a part of the primary money of the United States. But what becomes of the arguments in favor of international bimetallism when we see njen who called themselves bimetallists claiming that gold has not increased in value, and that there is no need of any further expansion of the volume of our standard money? If all this be true—if there is plenty of gold on hand—if falling prices tend to prosperity —then there is no necessity for international or any other kind of bimetallism. But let us see how near we are to international bimetallism. It is admitted by all the continental nations that if England will take the initial step an international agreement can be arrived at without further delay. But how long will it be before England will take tne initiative? What incentive have her business men to restore silver

as a part of the primary money of the world? In other words, what interest has Great Britain in increasing the value of silver and thereby increasing the prices of the staple commodities of the world, the larger portion Qf which she is compelled to buy? Let us examine into the matter a little. Let us sec what interest England has in remonetizing silver and making it more valuable. The trouble began in 1873, when silver was demonetized in the United States, but as that seems to be a date remote, we need go no further back than 1890 l To bring the matter home to the comprehension of all, we will take the cotton crop of that year. It weighed out when brought to market 3,628,000.000 pounds.and sold for 8402,000,000, the average price being 11.07 cents a pound. The cotton crop of 1894 weighed out 3,748.000,000 pounds and sold for 8288,000,000, the average price being 7.70 cents a pound. Look at the figures’ The cotton crop of 1890 was 120,000,000 pounds less than that of 1894, but it sold for 8114.000,000 more. What is the result of this slump in cotton, apart from the loss that the farmers and business men of the- south sustained? Simply this, that the country has been compelled to send much more cotton to Europe—and mainly to England—to pay the same amount of debt. Now is this a good thing for England or is it a bad thing? Is it a bad thing for the people of this country or a good thing? It is a question of plain figuring. Is England hurt by the fact that she receives a constantly increasing amount of cotton for the same debt? If she is helped, rather than hurt by it, what motive have her rulers for entering into an international agreement the first result of which would be to utterly destroy the advantages and profits that are now hers? As with cotton, so with wheat — so with all the staple products on which our foreign trade is based. . Our business men seem to look at this matter askance. They appear to have an idea that a little small talk about “sound money” and “parity” is all that is needed to set things even. They do not appear to realize the fact that cheap cotton in the south makes poor business in the south. The price of cotton here is the basis of business because cotton is our staple product.

There is one fact that both the farmers and business men should take into consideration—namely, that although this country has established the single gold standard, we continue to sell our crops and our staple commodities for silver prices. In other words, an ounce of silver will buy no less cotton now than it bought in 1873 —no less wheat, no less calico, no less iron. But it will buy only half as much gold. This ought to open the eyes of sensible business men as to the’ increase in the value of gold, but they do not seem to regard it in that light. But there are other facts to which they can hadly close their eyes. As the vallue of silver is increased, Great Britain and Europe will have to pay an increased price for our staple commodities. An ounce of silver would buy a bushel of wheat and ten pounds of cotton in 1873. It will buy a bushel of wheat and ten pounds of cotton now. The price of these commodities is fixed in London or Liverpool. In whatever proportion the value of silver is raised, in that proportion .the price of our commodities is raised. If silver is 90 cents an ounce, England will have to pay 90 cents for a bushel of wheat and 9 cents a pound for cotton. If silver is worth 8129 an ounce, Europe will have to pay 81.29 a bushel for wheat and 12.09 cents a pound for cotton. This is the interest the people of this country have in the silver question. It is special and important—it is pressing! —Atlanta Constitution.

LET US TRY.

This Country Can Restore Silver and Other Countries Will Soon Follow. The urgent reason for closing the Indian mint to silver was the then prospect that this country would suspend the further purchase of silver, and no one doubts that if we open our mint's to silver the mints in India will be reopened for the reception of that metal. The whole of France can be placed within the limits of one of our forty-four states and the territory left would be larger than that covered by the New England states. We are already the richest nation in the world and a comparatively small fraction of our resources are fully developed. The nations of Europe are now using about §1,500,003,000 of silver upon the ratio of I;>X to 1, which must be constantly renewed and which by reason of the increased value of gold since 1873. is imprisoned in the countries that use it, and does not flow into the world’s monej r stock. In view of these facts it is most reasonable to expect that with our industries restored to their normal activity we can, with the assistance of silvercountries, which constitute much the larger portion of the population of the world, give as large an employment of silver as is given to gold by the comparatively small nations of western Europe. With such alluring prospects before us and the example of France behind us, should not national pride stimulate us to make the attempt to walk alone rather than sink down overcome by the childish fear that ive may fail? We are hi the current which is sweeping all gold-using countries downward to bankruptcy, with nothing to hope for but companionship in the universal desolation that awaits them. Let us, animated by the true American spirit, leave the current before it is too late and save ourselves by using all the material which nature has given us for monetary use. We never have had and never can have too much of it. The ignoble sentiment that if we succeed in bringing the metals to a parity other nations will practically enjoy with us the benefits of bimetallism should not make us hesitate. —Henry G. Miller, in Chicago Times.

The Only Remedy.

Many of the evils consequent on the demonetization of silver can only be cured by its remonetization.

INDIANA STATE NEWS.

A boy named Stewart fell from & wagon near Red Key the other night It ran over his body, killing him instantly. The Baptist State Missionary society elected these officers: President, S. A. Northurt. Ft Wayne; vice-presidents, C. S. Davidson, Camden; F. C. Fulmer, ■'.khart; secretary, R. E. Neighbor, Seymour; treasurer, J. J. Billingsley, Indianapolis. Postmasters appointed the other day: D. Alice Smith, Chestnut, vice J. F. Pence, resigned, and W. H. Hazard, Reddington, vice O. S. Brooks, resigned, both in Jackson county. Another large factory is promised at Richmond. At Rushville F. M. McMillan was killed in a runaway. Shirk & Miller’s hardware store, Peru, was robbed. Capt. Robert Curry, of Martinsville, has just been notified that he has fallen heir to 20,000 acres of land in Logan county, W. Va. Cholera is playing havoc with the hogs in Chester township, Wabash county. At Elkhart a drunken man is accused of falling into a sewer and sleeping there all night. Centerville town board has provided SHX) for Marshal Rowan’s defense. Row’an is the man who killed Brumfield while attempting to arrest him. A sensation was created at Indianapolis the other night by the arrest on two criminal court indictments of Frank Darlington, superintendent of the Indianapolis division of the Pennsylvania lines charging him with violations of the anti-blacklisting law and with discharging men from the company’s service because they were members of the labor unions.

“Shaky Hill,” near Milton, is one of Indiana’s national curiosities. Robert H. Johnson, 36, of Kokomo, married his stepdaughter, Alice Andrecos, 18. A new venture in the insurance world has been made by citizens of Richmond who have formed a company under the name of “The American Union Accident Insurance Co., of Richmond, Ind.” Articles of incorporation wHI be filed under the laws of the- state of Indiana. It is the intention to establish offices over the entire country and after the United States is covered to work Europe. At New Albany the skull of George Montz was fractured by a hammer wielded by James Mann. Trouble about a blacksmith’s bill. During the K. of P. parade at Lebanon George L. W. Powell, chief of the Indianapolis police force, received an injury which will, in all probability, result fatally. He was in command of a platoon of police at the head of the procession, mounted on a fiery steed. His sword accidentally pricked his horse’s side, causing him to become unmanageable. The animal began plunging and Mr. Powell was thrown, his head striking the curbstone. Robert Marquis, of Kokomo, seven-ty-one years of age and a helpless paralytic, asked his little grandson the other night to hand him a saucer which the child supposed contained tea, but which in reality contained arsenic. The child placed the vessel to the lips of his grandpa, who was a moment later in the throes of death. He had caused tho drug to be prepared, pretending that he wanted it as a deodorizer, but with the fixed purpose of committing suicide. He was one of the largest land owners in that part of the country. The other afternoon Otto Avery, while working in a gravel pit near Trafalger, Johnson county, was caught under a falling “dump” and completely covered. Men worked like mad almost three hours before the body was reached. The face was black and the head fell limp. Word was sent to Mrs. Avery that her husband was dead and all thought he was. He shortly after gave signs of breathing, and to the astonishment and joy of all he was soon conscious and able to converse.

Fbancis M. McMillan, a wealthy stock raiser atGings, Kush county, met death the other night in an unexpected manner He was returning home from a neighboring town, when a team of horses hauling a heavy log wtgon crashed into his vehicle. Mr. McMillan was seriouslg injured, and death resulted. At Goshen the tax levy is 90 cents per SIOO. At Greenwood a $7,000 water-works plant is a possibility. Reports from the prison north show 889 prisoners. The postmaster at Elkhart now has two clerks and the office is open at all hours. Aaron Hancock, of Lincolnville, War bash county, is at death’s door from the effect of a fall. He attempted to cross the floor, tripped on the carpet and pitched forward. He is 90 years old, and the shock will cause his death. At Vincennes while children were burning leaves, the clothes of a little son of Hon. John Burke caught, and instantly the child was wrapped in flames. Friends rushed to the rescue, but the child was so badly burned thnt it died in great agony. Mr. Burke is United States revenue collector for the district. Campbellsburg has twenty men over six feet in height. The crew of a south-bound freight on the Michigan division of the Big Four road, found a man badly mangl< d and unconscious along the track at a point north of Marion where the Big Four line runs side by side with tl e Toledo, St. Louis and Kansas City. Tl e man was unknown. All his limbs we. e broken and he was hurt internally. He can not survive. Bedford now has an allnight telephone service. Wm. N. Whitely, the reaper king, has begun active work towards rebuifding his factory near Muncie on the site of the one burned several mouth* ahice.

Nothing Worth Writing About. Some days to the newspaper makers are kind— When sensations occur by the score. And the public is eagerly waiting to find What happens by sea and by shore. Then the heart of ye editor's happy and glad. For with news he is never without; But the world to his gaze is distressingly sad When there's nothing worth writing about. The people expect the poor newspaper man To fill his allotment of space; They’re sure if he wants to he certainly can. Though there's nothing worth while taking place. So when news is dull he his fancy must tax, And sometimes it happens, no doubt, That he has to imagine some things to be facts. When there's nothing worth writing about. On days when there's nothing occurring the eye Of the reader Is likely to fall On pieces so prosy he asks himself why They ever were printed at aIL But they have to be used as the fillers of space. Although they'd be better left out; And jingles like this one are given a place When there's nothing worth writing about. —Nixon Waterman, In Chicago Journal. A Century to Come. Wha’ll press for gold our crowded streets, A century to come? Who’ll tread our churches with willing feel, A century to come? Pale, trembling age and fiery youth. And childhood with its brow of truth, The rich and poor on land and sea— Where will the mighty millions be A century to come? We all within our graves shall sleep, A century to come; No living soul for us will weep, A century to come; And other men our lands will till, And others then our streets will fill, And others shout and sing as gay, And bright the sunshine as to-day, A century to coma —Dr. Gustavus Haas, in N. Y. Ledger. The Cycler's Song. O, It's joy to be up in the morning when th e de w is yet on the clover, And the air is full of a sweetness that makes it a draught divine, To mount one's wheel and go flying, away and away, a rover In a wide, bright world of beauty; and all that world is mine I There’s a breath of balm on the breezes, a scent of the wayside roses, A hint of the incense odors that blow through the hillside pines. And ever a shifting landscape that some new, bright charm discloses. As I flash from nooks of shadow to plains where the sunlight shines. I sing in my-care-free gladness; lam kin to the wind that’s blowing: I am thrilled with the bliss of motion like the bird that skims the down; I feel the blood of the gypsy in my pulses coming, goingl Give me my wheel for a comrade, and the king may keep his crown I —Eben E. Rexford, In Youth's Companion.

THE MARKETS.

New York, Oct. 17. LIVE STOCK—Cattle 83 60 ® 540 Sheep 1 50 © 3 25 Hogs 550 @ 5 75 FLOUR—Minnesota Patents. 810 © 350 City Mills Patents 400 © 4 15 WHEAT—No. 2 Red.... 54)4@ 54M No. 1 Northern 65*4© 65 V CORN—No. 2 55 © 55)4 October 54 '/,© 54 k OATS—No. 2< 31H@ 3114 RYE 51 © 53 PORK—Mess New 14 50 © 13 50 LARD—Western 8 00 © 805 BUTTER—West’rn Creamery 15 © 23 Western Dairy 12‘4@ 15 CHICAGO. BEEVES—Shipping Steers.. f 3 45 @6 23 Cows 1 25 @ 2 80 Stockers 2 20 © 2 95 Feeders... 2 80 @ 3 30 Butchers’ Steers 3 15 © 375 Bulls 1 50 @ 3 50 HOGS 4 50 @ 5 83 SHEEP 1 50 © 3 40 BUTTER—Creamery 14 © 23 Dairy 12!/ s © 20 EGGS—Fresh 10 © 17ft BROOM CORN (per ton)— Self Working 00 00 @llO 00 New Dwarf 110 00 @l2O 00 All Burl 100 00 ©l2O 00 POTATOES (per Lu.) 50 © 01 PORK—Mess 12 50 © 12 75 LARD—Steam 7 65 © 770 FLOUR—Spring Patents 320 @ 350 Spring Straights 220 @ 2 0) Winter Patents 2 80 @ 190 Winter Straights 2 40 © 260 GRAIN-Wheat, No. 2 Red... 50«@ 52 Corn. No. 2 49 @ 49)4 Oats. No. 2 . 27514© 28 Rye. No. 2 46‘/,@ 4654 Barley, No. 2 53)4© 55 LUMBER— Piece Stuff 600 @ 950 Joists 12 00 @ 12 50 Timbers 10 50 @ 11 50 Hemlocks 600 © 625 Lath. Dry 1 40 @ I 70 Shingles 110 @ 800 ST. LOUIS. CATTLE—Texas Steers 42 65 @3 15 Native Steers 160 @ 2 89 HOGS 5 03 © 5 15 SHEEP 2 40 @ 270 OMAHA CATTLE—Steers 52 00 @ 380 Feeders 225 @ 2 65 HOGS 4 55 @ 5 15 SHEEP 250 © 8 10

xgK ASSIST NATURE a little now and then in removing offendWftism ing ,natter from the stomach and bowels and you thereby avoid a multitude of distressing derangements and diseases, and will have l ess frequent need of your doctor’s / /firal »Ha\ A all known £ ' v9f Krela (. I agents for th * B PUT•kUP Wl RaMr’v pose, Dr. Pierce’s SA fVae* Pleasant Pellets are \/ BsSl the best. Once MB used, they are al" Hg > w, ‘y» in favor. Effig Their secondary esWKAA feet is to keep the f bowels open and \\ ( Tegular, not to furzl j ther constipate, as is the case with other pills. Hence, their great popularity with sufferers from habitual constipation, piles and their attendant discomfort and manifold derangements. The ‘'Pellets” are purely vegetable and perfectly harmless in any condition of the system. No care is required while using them: they do not interfere with the diet, habits or occupation, and produce no pain, griping or shock to the system. They act in a mild, easy and natural way and there is no reaction afterward. Their help lasts. .The Pellets cure biliousness, sick and bilious headache, dizziness, costiveness, or constipation, sour stomach, loss of appetite, coated tongue, indigestion, or dyspepsia, windy belchings, “heartbum,” pain ana distress after eating, and kindred derange-, ments of the liver, stomach and bowels. In proof of their superior excellence, it can be truthfully said, that they are always adopted as a household remedy after the first trial. Put up in sealed, glass vials, therefore always fresh and reliable. One little “Pellet” is a laxative, two are mildy cathartic. As a “dinner pill.” to promote digestion, or to relieve distress from overeating, take one after dinner. They are tiny, sugar-coated granules; any child will readily take them. Accept no substitute that may be recommended to be “just as good.” It may be better for Ike dealer, because of paying him a "alter profit, but ke. is not the one who needs help.

Trj J- wj jmi Officially reported, pj! I? after elaborate com- pj‘ 2 /I* petitive tests made » under authority of Lg*; | Congress by the IL JI Chief Chemist of the V United States AgrifeStK cultural Department; Superior to all J: other Baking Pow* £; ABSOLUTELY ders in Leaven* W PURE. i n g Strength. pj; nW* The most Careful Housewife will use no other. rj ROYAL BAKING POWDER CO., 106 WALL BT., NEW-YORK,

Fooo—“Poverty Is a misfortune, not a crime.” Figg—“l don't know about that; at any rate poverty has been the cause of much poetry writing.” Fogg—“You mean the writing of poetry has been the cause of much poverty.”—Boston Transcript Because a man Is industrious is no reason why we should choose him for an associate. Much as we admire the industry of a bee we do not care to cultivate his acquaintance.— Young Men’s Era. “Now I know why the milk we get hero Is so weak,” said the agricultural editor to the farmer with whom ho was boarding; “I just this minute saw you give those cows water to drink."—Philadelphia Record-. “Why can’t there be a fight without the shedding of blood?” asks an opponent of war. If he will ask any prominent pugilist ho will find out exactly now the thing car. be done.—N. Y. Tribune. “Doctor, "said Mrs. Woods, “Ican’tgetit out of my head that possibly my poor dear husband was buried alive.” “Nonsense!” snorted Dr. Peduncle. “Didn’t I attend him myself in his last illness?"—Life. He—“Aqd am I really and truly the only man you fvor loved?" She—“Well—er—l never had ft seem so easy before."—lndianapolis Journal. Fbom a Legal Document.—“llls only fault is that he has no money; butlt must be added in extenuation that he never had any.”— Fliegende Blaetter.

McVicker’s Theater.

Mr. Jefferson will begin his annual tour on October 15, at McVicker’s Theater. It is more than likely that he will this year be seen in more characters than one. Fioo—“Did I understand you to say that Impecune was meeting his bills nowadays?” Fork— 11 Yen; on every corner.”—Pittsburgh Chronicle Telegraph. A little boy, on returning from Sunday school said to his mother: “This catechism is too hard; isn’t there any kittychisms for little boys?’’—Tit-Bits. “Chollt seems changed since his trip away, doesn’t he?” Frances—“lndeed he does—seems like another girl almost.”— Chicago Inter Ocean. “Garland” Stoves and Ranges are no higher in price than the wortldcss imitations. Ask to see them. Evert young man should be taught that he cannot win his spurs in a game of poker. —Galveston News. Don’t Neglects Cough. Take Some Hale’s Honey of Horehound and Tar i/mtanter. Pike’s Toothache Drops Cure in one minute. No amount of cultivation can make a thistle bear fruit—Ram’s Horn. It is a pity that mirth is not us contagious as misery.—Milwaukee Journal. Hall’s Catarrh Cure Is taken internally. Price 75c.

X If It’s a Sprain, Strain, or Bruise fSt. Jacobs Oil ♦ Will Cure It r WISE ADVICE USE Ki 1 1 u 11FTiti AND SAVE MADE BY TOE NK.EMRBANK THE POT INSULTED THE KETTLE BECAUSE THE COOK HAD NOT USED SAPOLIO GOOD COOKING DEMANDS CLEANLINESS. SAPOLIO SHOULD be used in every KITCHEN.

MB g| Kg Best Cough G<kkL Use Ml In yinMA, Bold by drussistA. pW

J illson says the girl whose adorer tells her he loves every hair in her head will be fooled! if she thinks lie won’t kick like a bay steer if he should happen to find any of them in the biscuit after they are married.—Buffalo Courier. A man who used to keep a cigar store recently went into the butter business. He staggered his first customer by asking if he would have it “medium, mild or strong.”— Credit Lost. “Parker uses a groat deal of cologne, it seems to mo. Awful bad form I” said Hawkins. “It would be in you,” said Hicks, “but it’s family pride with Parker. He cornea of old cologuiul stock.”—Harper's Bazar. You may safely love all men, but you may not safely toll all men so— unless you have left your purse athomo.—Young Men’s Era.,

KNOWLEDGE Brings comfort and improvement and, tends to personal enjoyment when, rightly used. The many, who live better than others and enjoy life more, with less expenditure, by more promptly, adapting the world’s best products to, the needs of physical being, will attest the value to health of the pure liquid laxative principles embraced In the' remedy, Syrup of Figs. Its excellence is due to its presenting' in the form most acceptable and pleasant to the taste, the refreshing and truly beneficial properties of a perfect laxative ; effectually cleansing the system, dispelling colds, headaches and fevers ana permanently curing constipation. It has given satisfaction to millions and met with the approval of the medical profession, because it acts on the Kidneys, Liver and Bowels without weakening them and it is perfectly free from every objectionable substance. Syrup of Figs is for sale by all druggists in 50c andsl bottles, but it is manufactured by the California Fig Syrup Co, only, whose name is printed on every package, also the name, Syrup of Figs, and being well informed, you will no* accept any substitute if offered.

a. N. K-A isaa ■'■'-I. ■ Wilts WRITTIte TO ADTKKTtSCn. PUCME state that ysa saw ths Atvcrtlsmasal ia this