People's Pilot, Volume 4, Number 20, Rensselaer, Jasper County, 2 November 1894 — Page 3

CHASING A SHADOW.

Genuine Bimetallists Cannot Hope for Anything from England’s Move to Coin Silver Dollars. Information from reliable sources is to the effect that the British government will soon begin the coinage of silver dollars for use in the eastern trade. The number of these dollars that it is proposed to mint, if determined upon by the authorities, has not yet been made public, nor have the facts regarding the proposed weight and fineness of the new coin. The term “dollar” may or may not indicate a piece resembling the size and quality of our own coin of that name, though the mere fact that it is to be called a “dollar” and not a rupee or a florin or a crown would seem to point to the probability of its being of approximately the same value as our standard dollar, which contains 412% grains of silver .90 fine. This announcement from Great Britain really possessed little of interest or significance for the people of the United States or Europe. It is not at all likely that the coinage of these dollars will be extensive enough to affect the silver market to any appreciable extent, and there is no intention on England’s part to make these coins full legal tender on a par with gold in the United Kingdon. The only reason for noticing the announcement at any length is born of the certaity that the bogus bimetallists will at once seize upon the circumstance and exploit it as an argument in favor of their claim that international bimetallism is already in sight. In this insignificant coinage of silver into dollars for eastern trade these waiters upon England’s good pleasure will see, or claim to see, a beginning of the financial revolution in that country for which they have been looking and will attempt to bring about a cessation of the efforts of those courageous and honest advocates of silver who are urging immediate remonetization at the 16 to 1 ratio for the United States, without regard to England’s or any other country’s policy. But no well informed silver man will be misled by this British ignis fatuus which the international bimetallists are certain to hail as a divine beacon light. Whoever has given the money question serious study knows that the English financial policy is dictated by the bankers and money barons of Lombard street and that they have no intention of cutting the values of their appreciated gold loans and gold interest incomes in half by restoring gold to its normal price. They will fight for gold, bleed for gold, well nigh die for gold if needs be. This demand for silver which the imperial government has found it impossible to ignore entirely comes from India, where silver is the money standard. It will be gratified in just as slight degree as the imperial officials can manage. No more silver dollars will be coined than absolutely necessary to keep her majesty’s Indian subjects from becoming troublesome, and they will be no more legal tender in the United Kingdom or the English colonies than would be the bars of white bullion, which the Hindoos use as money when the volume of currency becomes too contracted to serve the needs of trade. This British coinage of silver dollars is done to supply an imperative demand, or to make a pretense of so doing. A return to bimetallism on the part of Great Britain is only to be looked for when bimetallism has been forced upon that country by the other nations of the world. It is the natural destiny of the United States to be the pioneer in the movement which shall eventually result in international, aye, universal, bimentallism. To that end silver must first be restored to its money function in this country by the passage of a law providing for the free and unlimited coinage of American silver dollars at a ratio of 16 to 1 with gold.— Chicago Times.

THE LEADING QUESTION.

Silver Now Comes to the Front as the Main Issue. Now that the tariff has been disposed of, the silver question is pressing- itself to the front and will hold a front rank until it is settled. Fortunately it is not a question to invoke partisan bitterness, but it is one that will equally engage the attention of all parties and will command the thoughtful study of all classes. It is a question so intimately interwoven with all branches of industry, and so directly affects the earning capacity of the people, no one can afford to be indifferent to it. The question of wages and of the price of our products is one that touches the personal interest of at least nine-tenths of our population. We have become so accustomed to associating prosperity with high wages and high prices that it is now next to impossible to disassociate it. We may talk as we please about the benefits accruing from a reduction in the cost of living and a reduction in the cost of labor, yet we will never get over the idea that high wages and the high prices for our American products are the only representatives of prosperity. To get back to the old-time conditions of prosperity, we must rebuild on the old-time foundation of bimetallism. The only argument against bimetallism is that the conditions of prosperity which existed under the bimetallic standard were fictitious, that it was not genuine prosperity, but only the appearance of it. Whether this be true or not, it is hard to convince the masses that the shadow was not as good as the substance,so long as it brought good times. If it was fictitious prosperity, the fiction lasted a long time, and had the pleasing semblance of reality through successive generations. Possibly the masses of the people need instruction and enlightment on this question, but it takes a great deal of theoretical knowledge to overcome a little bit of practical experience. If chewing the bag is proof of the pudding, then the people are prepared to say that they prefer bimetallism to monometallism. They have tried both, and it must be admitted by even it* most earnest ad-

▼ocates that the comparison is not favorable to the single gold standard. It is true, our experience with the single gold standard has been of short duration, but it has been one of those experiences where a very little goes a long way. But if it be. as it is claimed by its advocates, that the single gold standard is in the end the best for the country and the world, even though its establishment be marked by the wreck of property values and the stagnation of industry, then it would be a mistake to abandon it after having once adopted it. That is the real question now open for discussion, and we want to hear the arguments. Let the debate proceed.—Portland (Ore.) Telegram.

THE SEIGNIORAGE.

The Kind of Silver Dollars the Mint Is Now Coining. There seems to be some misunderstanding among the eastern gold-bug editors in regard to the coinage of silver that is now going on. Some say it is all right and some say it is all wrong; some declare that it is the seigniorage that the secretary is turning into dollars, and some declare that it is the bullion that is going through the mint; some are inclined to hold Mr. Carlisle responsible for the “scheme,” and others venture to suggest that the secretary would refuse to undertake it in opposition to Mr. Clevelad’s views. The most important thing is that the coinage is really going on, but we do not see how any editor can make a mistake as to the nature and purpose of the coinage, after reading Secretary Carlisle’s letter to Mr. Heard. We may wonder that Mr. Cleveland should consent to the further coinage of what Secretary Smith describes as 50-cent dollars, but there can be no doubt that the secretary is coining the bullion. He says so himself, and, as his remarks have appeared in print, it seems to us that there is no reason why the eastern gold-bug editors should be pulling one another’s hair about it. The secretary says he is coining silver for the purpose of re.deeming the treasury notes that were issued in purchasing the bullion. Necessarily,therefore, he is coining the bullion and not the seigniorage. As fast as the bullion is coined, the seigniorage accrues and is covered into the treasury. The seigniorage is a fund by itself, and is not represented by any notes or certificates. If it were coined into dollars it would represent a clear addition to the volume of currency. On the other hand, the coinage of the bullion itself will not add a single dollar to the currency, provided Secretary Carlisle continues to use the dollars so coined as a fund for the redemption of the treasury notes of 1890. The law says that these notes may be reissued after redemption, but it is clear that Mr. Carlisle regards that as discretionary. He is redeeming the notes and canceling them as fast as they find their way to the treasury. Consequently, the gold-bug editors who are inclined to resent the coinage of silver dollars that is now going on are simply talking in the air. We shall have silver dollars instead of paper dollars with which the bullion was purchased, and if the seigniorage is not coined not a dollar will be added to the circulation. There will be only this difference—the silver dollars cannot be retired and canceled. —Atlanta Constitution.

A SILVER UNION.

A Suggestion That May Be Open to Discussion. President Diaz, in his message to the Mexican congress, just assembled, refers to the proposed monetary conference of American countries with a view to effecting a union among them in the interest of silver. The Mexican president states that “in order to diminish the effects of the fluctuation of silver the government at the beginning of the year accepted an invitation to a monetary conference of the Amercan and principal Asiatic nations. The realization of this idea has been postponed on account of the war between the two nations whose participation is most necessary.” The Mexican government has shown itself to be heartily in favor of such a conference, and very likely the other silver countries are equally so, though they have not manifested the same interest in the matter. There is strong probability that at some time in the future the proposed conference will be held. There is a considerable number of people in the United States who believe that a union of American countries to promote the cause of silver would have good results, and especially would it exert a decided influence in inducing European countries to give more friendly consideration to the white metal. It is reasoned that such an arrangement, with the United States as a party to it, would be particularly profitably to this country in bringing to it a great pat-t of the enormous trade which the silver standard countries of this hemisphere now do with Europe, and that there would be created a magnificent commercial alliance between these countries of the greatest mutual benefit, the United States being, of course, the largest sharer in the advantages. It is urged that with such a union this country could be indifferent to European trade, since the American markets acquired would afford an ample outlet for our surplus production.—Omaha Bee.

A Warning.

The people will have an opportunity to say in November next whether they will abdicate the high and supreme function with which the constitution of their country has endowed them, and in doing so determine whether silver shall be restored to its former place in their currency and their industries be revived, or whether the country shall continue on its downward course to bankruptcy upon the single gold standard. In the near or distant future the light will surely break in upon them, and silver will be restored to its ancient place as a money metal. But if delayed too long it may come tc them as Burke said to the electors of Bristol: “Not through well contrived, well adjusted windows, but through ths yawning chasms of their ruin.”—Cor. Chicago Times.

INDIANA STATE NEWS.

Daniel McClintic, school trustee of Clifty township, Bartholomew, county committed suicide. Financial troubles caused the rash act. James Whistlee, a farmer, was instantly killed south of Tipton, while felling a tree. The postmaster of New Albany will have to make good the loss sustained by the office in the recent robbery. Grace Speakman, one of the victims of the explosion at the Larrimer photograph gallery, Marion, died the other night. The others will recover. Edward C. Miller had a very frightful experience the other morning at the Muncie veneering works, and he was badly scalded. He accidentally stepped into a large vat of boiling water, and was just in the act of toppling over when another workman caught him. As it was the flesh on his legs to the knees was cooked. The Big Four railroad will immediately rebuild the shops of the Michigan division, w’hich burned at Wabash. At Spiceland, John W. Griffin raised 96% tons of tomatoes on about six acres of land and sold the product for $578.97. Two more deaths occurred the other night at Fairmount from diphtheria. Stephen Abernathy was appointed postmaster at Odd, Parker county, vice J. N. Seybold, resigned. An itinerant pearlhunter had such good fortune in Blue river that some of the Columbia City citizens went hunting themselves and had fair success. A stock company may be formed to dredge the creeks and lakes thereabouts. Frederick Dietz, a pioneer of Indianapolis and a wealthy manufacturer, died the other day. He was sixtyseven years old. He was a Mason, Druid, Odd Fellow and Red Man, and prominent in all these fraternities. At Columbus, City Marshal Schooler, who was elected at the May election, was arrested the other night on an affidavit of Richard Sanford, who charges Schooler with buying his vote for sl. James Lacy was also arrested as an accomplice. The State Brewers’ association met at Evansville, the other day, the object being to discuss the matter of changes in the existing laws for the better protection of the brewers’ cooperage and bottles and to take the necessary steps to procure favorable action thereon by the next legislature. The brewers of the state claim to have lost over §40,000 last year as a result of defective laws. Masked robbers entered the house of John E. Koontz, Union City, the other evening while all the family, except a boy about 14, was at the theater, and, holding revolvers at the boy’s head, ransacked the house, securing only some change in the children’s bank and Mrs. Kaontz’s pocketbook, containing about §3O. The Merchants’ Mercantile Agency, of Chicago, doing business in Evansville, manages the publication of a “Credit Experience Guide,” in which citizens are rated as to their standing in a financial way, and as a result many are badly worked up over the publication, claiming that they have been misrepresented. Joe A. Sanderson, a newspaper reporter, who claims that he does not owe a cent on earth, has been rated as a man not to be trusted, and as a result sues for $5,000 damages. Mrs. Roche Heinmann is rated in a manner similar to that of Mr. Sanderson, and sued for §IO,OOO damages. Others have threatened to institute suits also. Leonard Sanders, of Loganspoit, worked hard all summer and saved $l5O. He placed the money in the parlor stove for safe keeping and his wife started a fire there. » Valparaiso officials received word that Thomas Lucas, who is confined in the county jail on the charge of swindling Mrs. Lyda Johnston, of Valparaiso out of $2,800, is also wanted on a like charge in Chicago. in the canal, ten days ago, with a bullet hole through his head has been identified as Charles Heriekson,’ a butcher of Peoria, 111. A revolver, with two exploded cartridges, was found on the bank, and the trampled weeds showed there had been a struggle. Black diphtheria is raging at Anderson.

The post office at Hopewell will be discontinued. An oar factory is to be started at Wakarusa. Young colored men will organize a brass band at Peru. There are said to be no idle workmen in Seymour. Capt. Wm. R. Myers, democratic nominee for secretary of state, Las broken down, and for a time, at lea st, has been compelled to retire from Ihe canvass. Since the war Capt. Myers has been a sufferer from chronic trouble, which at times has totally incapaciated him for work. He was a iso injured a few years ago in a railroad wreck, the effects of which are still apparent. It is doubtful if Capt. Myers will again be able to enter the campaign. Charles Allen, a Crawfordsville cabman, drove off an embankment the other night and was killed. Several persons in the cab were badly injured. Thurston, 22, of Franklin, a girl who has fallen, attempted suicide at Shelbyville. At Wabash George W. Jones, father of five children, was struck by a train and killed. His two horses were also killed. Mrs. A. N. Wagner fell into a trench ten feet deep and nearly met death at Huntington. At Muncie Crystal, the 20-months-cld daughter of Lulu Sayler, opened a hand-sc.tchel owned by her grandmother, Mrs. Lizzie Bow’ers, the other day, to get some candy. The woman had some morphine powders in the satchel, and the child swallowed one of these. She died a few hours later. The family moved there from Anderson re» cently.

A Disastrous Failure.

Not a financial one, but a failure of physical energy, of vital stamina How can this be repai red I By a persistent course of the blood fertilizer and invigorant, Hostetter’s Stomach Bitters, which insures perfect digestion and assimilation, and a consequent gain in strength and flesh. It also remedies liver and malarial disorder, rheumatism, nervousness and constipation. Lucy (single)—“Do you think it is wicked to smoke, dear!" Fanny (married)—“No, dear, I’m sure it isn’t.” Lucy—“ Why are you so sure!" Fanny—“ Because my husband doesn’t smoke, and if it was wicked I’m sure he would do it.”—Half-Holiday. Widow—“ Well, Mr. Brief, have you read the will!" Brief—“ Yes, but I can’t make anything out of it.” Heirs—“ Let us have it patented. A will that a lawyer can’t make anything out of is a blessing.’’—Milwaukee Sentinel.

THE MARKETS.

New York, Oct. 31. LIVE STOCK—Cattle $3 45 0 5 30 Sheep 1 50 ® 300 Hogs 4 75 © 5 00 FLOUR—Minnesota Patents. 300 © 345 City Mills Patents 400 © 4 15 WHEAT—No. 2 Red 54»»@ 54% No. 1 Northern <J4%@ 64% CORN—No. 2 58%© 00 October 59 %@ 00 OATS—No. 2 31 %@ 32 RYE 52 © 53 PORK—Mess New 13 75 © 14 50 LARD—Western 7 25 © 8 30 BUTTER—West'rn Creamery 15 @ 23Mi Western Dairy. 11M® 16 CHICAGO. BEEVES—Shipping Steers.. *3 40 @ 62» Cows 1 25 @ 2 80 Stockers 200 @ 300 Feeders 280 © 350 Butchers’ Steers 3 00 @ 3 80 Texas Steers 2 25 © 3 15 H0G5..... 4 10 © 4 75 SHEEP 1 50 © 3 40 BUTTER—Creamery 13 © 22 Dairy 11 @ 10 EGGS—Fresh 16 © 18 BROOM CORN (per ton)— Self-working 90 00 @llO 00 New Dwarf 110 00 @l2O 00 All Hurl 100 00 @l2O 00 POTATOES (per bu) 40 @ 58 PORK—Mess 11 87%@ 12 00 LARD—Steam 6 87%@ 6 00 FLOUR—Spring Patents 320 @ 3 50 Spring Straights 2 20 @ 2 60 W inter Patents 2 60 @ 2 80 Winter Straights 2 40 @2 50 GRAlN—Wheat, No. 2 Red... 51 @ 52 Corn, No. 2 52 © 52% Oats, No. 2 28 @ 28% Rye, No. 2 46 @ 46% Barley, Good to Choice.., 51 © 55% LUMBER— Piece Stuff 6 00 @ 950 Joists 12 (X) @ 12 50 Timbers 10 50 @ 11 50 Hemlocks 6 00 @ 625 Lath, Dry 1 40 @ 1 70 Shingles 1 10 @ 2 00 ST. LOUIS. CATTLE—Texas Steers $2 50 @ 2 80 Native Steers 2 15 © 4 75 HOGS 4 00 © 4 50 SHEEP 1 70 @ 2 50 OMAHA. CATTLE $2 00 © 3 80 Feeders 2 25 © 2 65 HOGS 4 00 © 470 SHEEP 250 © 8 10

. )' A ’ 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 and $1 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 not accept any substitute if oflered.

TtaYouws Companion Come* Every Week. For all the Family. Finely Dlutrated. $1.75 a Tear. The Full Prospectus for 1895 (sent free to every applicant) gives abundant evidence of the variety, interest and value of the contents of the sixty-ninth volume of The Youth’s Companion. The following titles of articles and names of Contributors suggest a few of its many attractions. Contributors for 1895. Mr. Gladstone has written a striking paper of reminiscences of his lifelong friend and physician. x Sir Andrew Clark. r / • Two Daughters of Queen Victoria, -f Princess Christian, of Schleswig-Holstein. I The Princess Louise (Marchioness of Lome). The Story of My . First Voyage, w. Clark Russell. A School Revisited, j amcs Matthew Barrie. The Bold 'Prentice, The Story of a Locomotive Engineer, Rudyard Kipling. How to Tell a Story, Mark Twain. An Editor’s Relations with Young Authors, William Dean Howells. And Articles and Stories by more than a hundred other well-known writers. Serial Stories. Health and Home Articles. The Lottery Ticket, J. T. Trowbridge. Self-Cure of Wakefulness, Dr. W. A. Hammond, The Young Boss, Edward W. Thomson. The Cellar, Dr. W. C. Bralslln. A Girl of the Revolution, Dorothy Nelson. Dresses for Children, Louise Manville-Fenn. By Harold Frederic, C. A. Stephens, W. J. Long, Put the Children on Record, Pres. Stanley HalL C. M. Thompson, Warren L. Wattis, and others. Help for Consumptives, Dr. Harold Ernst. Favorite Features for 1895. Short Stories; Adventure Stories; Travellers’ Tales; Anecdotes of Noted People; Life in Foreign Schools; Papers on Art and Artists; Articles on Science, Natural History and Hygiene; Papers by American Admirals; Opportunities for Boys; Football, Fishing and Camping; Editorials; Poems; Selections; Children’s Page; Fine Illustrations; Most Wholesome Reading for all the Family. THI FREE TO JANUARY 1, 1895. 1 ■ ila-x New Nnhserlheni who wHI cutout this slip.and .end it with name Wll II —. and address and 01.78 at oncy. wi'l receive The Companion FREE I SLIP I $175 Address THE YOUTH’S COMPANION. Boston, Mass.

The best baking powder made is, as shown by analysis, the Royal. Com'r of Health, New- York City.

Prisoner (sentenced to ten days)—“What would ye do if Oi said ye was an ould fule!” Judge—“ You would get ten days more foj contempt.” Prisoner—“ Thin, begorra, Oi’lJ not say it—Oi’U only think it.’’—N.Y. Herald.

McVicker’s Theater, Chicago.

For two weeks, beginning Oct. 28, “Rush City," the new musical farce by Gus Heego. Beats secured by mail. This modern gown has one advantage-*® gives a woman room to laugh in her sleeve. —Philadelphia Record. Health, comfort and happiness abound in homes where “Garland’’ Stoves and Ranges are used. “Havb you ever been to Europe!” “Noj I have no relatives there.’’—Puck. Hall’s Catarrh Cure Is taken internally. Price 75c.

[/stTJacobs Oil is made to AT IS M I TOLD YOU SO. Mlrandy Hanks and Betsy Swan, I Talked on, and on, and on, and on: “ Hirandy, surely you’re not through Your washing, and your scrubbing, too?** ggM “ Yes I firs. Swan, two hours ago, YPt And everything’s as white as snow; W JI A Kfl But then, you see, it’s all because J 1 use the SOAP called SANTA CLAUS.'* kffiK HMsANTA CLAUsffi SOAP. THE H K FAIRBANK COMPANY, Chicago. THE POT INSULTED THE KETTLE BECAUSE THE COOK HAD NOT USED SAPOLIO GOOD COOKING DEMANDS CLEANLINESS. SAPOLIO SHOULD be used in every KITCHEN. BE IN TIME FOR CHRISTMAS. Brer green, no fading or vqm °° Cloth That Can B. dropping off of leaver. Un- - Tacked on the Wall, excelled for Christman ‘.. . \ Decoration*. Hire 15xB0 BTAsk your loca(dealIncbee. Brice, IO eenta. &XI3P ?, r t ß,P r ? cur ß.* o .“J* •< "uroov nuc.CTUao,. MERRY CHRISTMAS MERRY CHRISTMAS WJL_ ‘GW w " hav ® non * “ HAPPY NEW YEAR” ™ “CHRISTMAS and NEW WINDSOR CO., YEAR S GREETINGS” North Adams, Mas*.

“Mrs. Bangle is perfectly devoted to her children.” Mrs. Slasher—“ How very sad I** “Sad! How do you make that out!" Mis, Slasher—“ Why, her poor darling Fido muse be dead. ’’—lnter Ocean. “No, he doesn’t love me,” she sighed, as she listened to the receding footsteps of th. youth who had just parted from her. “No, he doesn't love me. He said good night only four times before going.”—N. Y. Press. A Burs Thing.—Young Itady—“Doctor, can you recommend something that will make me pretty!” Doctor—" Yes. Money. Two dollars, please. ’’—Detroit Free Press. Trfh real duty Is neglected when we step over one duty to perform another.—Ham’s Horn. Check Colds and Bronchitis with Hale’s Honey of Horehound and Tar. Pike’s Toothache Drops Curo in one mlnuta.