Rensselaer Republican, Volume 23, Number 50, Rensselaer, Jasper County, 13 August 1891 — Page 4

THE REPUBLICAN. Thursday, August, 13,1891.

DIEECTOBT CORPORATION OFFICERS : Wirshll :..i. M. 1,. Warren. Charles G. spitleb rsa«urer .... . C.C. Starr flst Ward J. R. Vanatta, lld Ward N H. Warner. Cooncilmen< Sd W*rd...... J. filifs. I ithWard:.....ParisHabrison. I sth Ward..ANcn. Woodworth. JASPER COUNTY BOARD OF EDUCATION J. C, Gwin Trustee. . ...Ranting Grove tp. Michael Robinson, Trustee Gillam tp. Francis M. Hershman, Trustee Walker tp j. F.lliff, Trustee Barkley tp. Grpenfleld, Trustee Marion tp. Janes H. Carr, Trustee.. Jordan tp. Nehemlah Hopkins Trustee Newton tp. J. F. Bruner, 1 rustee Keener tp. Hans Paulson,Trustee ..Kankakee tp. ' S. D. Cl ark, Trustee Wlieatfie.d tp. ...Wn. 0.-Road! fer, Trustee.. Carpenter tp. Hezekiak Kesler, Trustee : Milroy tp, Wm. Cooper. Trustee,.., .Union tp. W. H. Coover. i Remington, Ezra L. Clark Rensselaer, J . K. Warten County Sujit. JUDICIAL Circuit Judge Edwin P. Hammond, Prosecuting Attorney JohnT. Brown. Term* of Court—First Monday in January; Third Monday in March; First Monday in June; Third, Monday in October. : ; : COUNTY OFFICERS Clerk...™ ... ......, —... Jamse F. Irwin Sheriff Phillip Blue. Auditor...... . ..George M. Robinson Treasurer ...... 1 B. Washburn Recorder James F. Antrim. Surveyor lamks -C. Thrawls. Coroner.. R. P. Benjamin. Superintendent Publlt Schools. J. F Warren (IstDistrict.. P. M.Querrv. Cemmissioners ’Jd District .. .J .F:Watson. tSd District.... .o.l’. Tabor. Commissioner e'Ccrurt—Firtt Monday sin March • unt and December

Butler lit out just at the nick of time, when his financial fortunes had reached their highest flood. He doubtless has a better bead for practical financiering than his political professions would indicate.

A called meeting of the Jasper County Alliance was held Tuesday, to take action in regard to the socalled Alliance paper, the Pilot, left in a bad shape by the absconding of Geo. Batler. It was decided to attempt to keep the paper on its feet by means of a stock company, officers for which were elected as follows: President, Luther Secretary, David Shields; Treasurer, Marion I Adams, Leslie Clark, the printer, was engaged to act as manager and local editor. The contract with him is for four weeks during which time it is hoped to float the stock of the company. The difficulties in the way of the new movement are many, snd it is very doubtful if they can be successfully surmounted. Financially it is in a bad way, as the money that should have been on hand to pay the running expenses for several months to come, is in Butler’s pockets, he hsvicg collected mos of his subscriptions in and considerable on advertising. The purchase; price of the outfit,, such as itis,isalso nearly all unpaid. Politically, the difficulties are equally as great If it continues to be a political organ, either as a Damo-Peoples paper as heretofore, or as a straight People’s Party organ, a large portion of the Alliance membere who are expected to help support it, will have nothing to dp with it; while if it is made honestly non-political, another very large, and heretofore the controlling element of its supporters, will lose their interest *

TIN-PLATES AND THE NEW TARIFF.

No feature oE the existing tariff law seems to lacerate the feelings of free-trade attorneys equally with that clause looking to the transfer of some portion of the tin-plate manufacture to the United States. Desperate as was their resistance while the bill was under discussion in Congress, antagonism seems to intensify with every additional assurance that the real intent of the framers of the bill is likely to be realized in the near future. “Reform” organs and orator 8 refuse to believe, or persist in denying, that tin exists any where in this country in paying quantities, in face of the'fact that American pig tfh has already found its w-ay into the markets But even if it was true that native tin may not safely be depended on for supplying the wants of domestic manufacturers, such fact cannot be consistently employed as argument in behalf of leaving to foreigners the exclusive manufacture of tin plates, of which 75,000,000 pounds are oon-

p ' 1 sumed monthly, and for which British monopolists during the past year pocketed more than SBO,OOO of American money for each working day. These men do not rely upon their own neighborhood for their supply of raw material, but draw upon the tin mines of Malacca and Tasmania for twothirds of their consumption. The McKinley tariff imposes no duty on pig tin, and the same sources of supply are open to our manufacturers as to British tin plate monopolists. Confronted with these facts, the free-trade attorney seizes upon his favorite weapon, higher prices—the same with which he has always stood ready to sand-bag every legislative measure looking to building up at home of industries in which foreigners have been securing the lion’s share of profits. The new law adds one dollar and a quarter per hundred pounds to the former duty on tin plates. Assuming that this is added to the foreign eost. it will in no wise affect the retail price of articles for which it it used, unless unscrupulous dealers make it a pretext for imposing upon customers.

All experience goes to prove that as soon as domestic competition looms up prices go down. Throughout the entire list of tariffprotected industries there cannot be found one exception to this rule, and it is the baldest recklessness to predict a different outcome in the case of tin-plates- In fact, it is a lively realization that this will be an early result of the increased tariff on tin-plates that occasions t lie commotion among foreign moil opolists and their confederates in this country. Prices of all other products of iron and steel—and these constitute ninety-five per cent pf tin-plates—have been re duced by half wherever competit ion has been given opportunity for a footing; but the tin-plate barons of Great Britain have pocketed increased profits by forcing patrons to pay old-time prices without regard to the cost of production. No wonder they squirm when served with notice that the end of their monopoly is near at hand. The absconding of Geo. Butler editor and publisher of the People's Pilot, with all the cash be could get hold of, was only the natural and logical public demonstration of the fact that he was simply the plain, vulgar kind of a scalawag that his appearance, conversation, associations and liquor laden effluvium proclaimed him to be. Those dozen or so democrats and sub-democrats and other would-be beneficiaries of his political duplicity, who imported him into this community and coun seled him afterwards, do not help t heir present case any by pretending to believe that he was bribed t o leave by the republicans. They k new from the first that he was one thing in politics and pretending

to be another, and therefore without principle; and they very soon found that he was a drunkard and a foulmouthed blackguard. With this knowledge before them, they continued to try to use him as an instrument to hoodwink and deceive Republican Alliance farmers, and to blackmail Rensselear business men with threats of a boycott; and now that they have been caught in the net spread for others t hey ought to take their medicine like men. They invested in a Judas and themselves are the worst betrayed; and there is a heap of poetic justice in that fact.

THE TRUTH ABOUT THE MONEY IN CIRCULATION.

By a notable coincidence, upon the very day of the Peffer speech in Rensselaer, when that gentleman was drawing his dolorous pictures of the distressed condition of the American people, owing to the alleged contraction of the circulating medium, the following dispatch was sent out from Washington, and published in all the leading daily papers: Washington, Ang. A—Statements have been prepared at the Treasury Departmentshowing the amounts of money in circulation on the Ist day of July for the years

1860,1865, 1885, 1889 and 1891, from which it is apparent that the assertions so often repeated of late that there has been since the war a great reduction of the amount of money in circulation are entirely without foundation. All the statements furnished arc made upoft precisely the same basis. The amount of each kind of money in the country is first stated. From that is deducted the amount in the treasury, and the remainder is given as the amount in circulation. There is nothing omitted from the statement which shonld appear there except minor coins(nickels and pennies), and they are left out of all the reports because of the difficulty in estimating the amount of them in use. As the amount at present is certainly more than in the earlier years, their omission will not be unfavorably criticised by those who contend that there is now a scarcity of money. To state all the facts in a few words, the amount of money in circulation in 1860 was about $435, 000,000, and the amount per capita was $13.85. In 1865 there were $723,000,000 in circulation, and the per capita was $20.82. Twenty years later the circulation was $1,292,000,000, and the per capita was $23.02.

On Jan. 1 last the amount was nearly $1,529,000,000, with $2405 as the per capita allowance, the highest in the history of the United States. Owing to shipments of gold to foreign countries there has been a decline since that time not only in the per capita but in the total also. Hewever .tbe tetal 7eircalation on "the lst ansi, notwithstanding the outflow of gold was about $1,500,000, 000, and the amount per capita was $23.37.

CHEAP PAPER CREDIT.

Mr. Editor. —I listened to Senator Peffer on the 4th inst. and have read the views of those who essay to speak for the so-called “People’s Party.” A nation like a man, while fighting for life, may be excused for a show of force. In the throes of the great civic strife of 1861 to 1865 our nation strained the constitution in its effort to provide for c uirent expen see. The courts sustained the emission of legal tender bills of credit as a war measure. The “Greenback” law was more than fair to private debtors as it made the debt by payments easy. In this inflation era it was easier for all except the soldiers, to amass wealth as measured on that credit standard. The imprudent were easily induced to take on spend-thrift habits and to get in debt In due time the nation was compelled to even up with its bonded creditors and the “bills of credit” became more scarce and valuable. This contraction made the thrifty creditor richer and the spend-thrift debtor poorer. Since 1879 our finances have been evenly managed on a coin basis. The present debtors are asking in the name of the “People’s party” that the nation again for their benefit, enter in a wild scheme of expansion. If congress has the power it ought not to be exercised. The nation can now afford to accord equal rights in a fraternal, simple, honest way to every citizen. It is not called upon to depart from the great laws of fair delivery which are the basis of economic science merely to help one class at the expense of another class of its common citizenship. The question is thrust before us. Many of us are in debt Many a farm and home is mortgaged. These debts are the result of mutual contract. These .mortgages were under the solemnities of the law. Those who loaned us their money did

not compel ns ts> borrow. Is it right because lAm a debtor; because I used money before I earned it; because I want surety beyond exemption, insolvent and bankrupt laws to make it easier to pay my voluntary debt, that the Government should embark on au inflation scheme like the Argentine Republic. The civic powers of that nation listened to the siren voice of its citizen lovers of money in 1885 and abandoned the coin standard. The gold and silver coin was all exported and it soon took four credit dollars to buy one coin dollar. All kinds of property were hypothecated on mortgages and in 1860 the nation owed $220 for every man, woman end child The private debts were so large that all the property would scarcely pay 15 per cent of the same. In 1890 the crisis came and the people are not happy. Financial business was convulsed wherever their bonds or mortgages were ,held. It does seem to me that no good citizen should ask thin great and good government to adopt each a wild scheme of finance.

Is not . the “Love of Money” a peculiar corner stone on which to build an honest political party in a great free country like this? The matter prayed for is of doubtful honesty and propriety and would increase the pressure by making debt the rule of law instead of the exception. In politics as in morals “The love of money is the root of evil.’ This “love of money” is manifested by inordinate need as well as inordinate greed. The ciaze for paper money, if indulged, will scarcely stopjshort of unlimited local banks of issue as before the war. Let us think through to the end and npt be led by apparent plausibility to advocate mischeivous political doctrines which will destroy ottr present interchangeable coin and

credit currency.

Tariff Pictures.

In the advertising columns of the Sunday papers yesterday a Brooklyn firm advertised gray wool blankets, weighing four pounds at the price of $ 1.00. The duty on these blankets was $1.93. Is the tariff a tax? New York Press.

Rwati this twice : lam now offering at my store all summer wears at first cost. When I say first cost I mean it ’ Call and be convinced. R. Fendig. Tennis Shoes for little folks, big folks and all folks at Hemphill A Ho nan’s. A desirable two story house of 6 rooms and seven large lots for rent cheap; inquire at this office for further information. Ladies’ shoes from $1 to $5 at Hemphill A Honan’s. When yon need a straw bat for everyday or Sunday go to Hemphill A Honan’s, they’ve got ’em. , . r-r v

Tha Ilford, 111. Fair AUG, 18-21 ’9l, $5,000.00 IN PREMIUMS! $200.00 IN SPECIAL PRIZES! Big Show of Horses, Cattle, Sheep and Swine. Abundance of natural shade, Fine system of Water Works. 10-Ten Bis Races -10 In addition to which the Noted “BELLE MEDIUM” who holds the fastest three-year-old record 2.26| over a half mile track, will attempt to lower that record Thursday. The following is the SPEED PROGRAMME: ' Running, Trotting and Pacing. —— WEDNESDAY, AUGUST 19No. I—Two-year-old stake trotting, foals of 1889, added money $ 25 00 No- 2—Three-year-old or under stake pacing, added money.. 25 00 No. 3—Three minute, class trotting, Purse 150 00 THURSDAY, AUGUST 20— 1 No. 4 —Trotting, free for all, Purse $ 200 00 No. s—Pacing, 2:40 class, Purse 160 00 No. 6—Running, one mile and repeat 100 00 FRIDAY, AUGUST 21No. 7—Pacing, free for all, purse $ 150 00 No. B— Trotting, ;2:3s class, Purse 150 00 No. 9—Running, \ mile and repeat. •• • 50 00 No. 10-Three-year-old stake, trotting, foals of 1888, added m0ney...... 25 00 For further information, address, CLARENCE H. DAWSON, Sec’y.

REPUBLICAN.

Closing out prices at Hardman’s: Guitar and Banjo steel strings acts. “ “ “ gut “ 10 to 15c. Clocks $1 to 13. Elgin and Waltham key wind watches, nickle case from $5 to $7. Silver thimbles 35 cts. I have show cases, tables, regulator, safe, writing desk, and stove that I will give special prices on. As I have taken the agency for the Rockford Watch, and have just received a big stock of their movements. I will offer for the next ten days Special Prices on these celebrated Watches. H. J. Rossbacher. With Frank B» Meyer. Ladies’ genuine hand-turned shoe $2.50 to $5, at Hemphill & Honan’s. For a good second hand organ, at a great bargain, call on S. Healy. Hello! Now look here! Why ask your friend what time it is when you mn buy a Fine Stem-Wind Elgin or Waltham Watch for almost nothing, at H. J. Rossbacher’s. Bring in your Watches, Clocks and Jewelry and have them repaired in workmanlike manner and warranted by H. J. Rossbacher, at F. B. Myers’ drug store. Great drive in lawns, challies, India-linen Bouncings, etc. etc. Do not miss this golden opportunity to procure a real bargain. R. Fendig. The only reliable first class watch workman, at Kannal’s. No work slighted—and all work warranted. Special prices on Watches, Chains, and Jewelry of all kinds at H. J. Rossbacher’s, with F. B. Meyer. Finest cream in town at King’s Don’t lose any percious time, but hurry and call at A. Leopold’s and get your winter supplies while yet his stock is ample to choose from. No time is to be lost, for the goods are sold as cost or below, as he has only about 30 days in which to close out his immense stock.

Buy pure teas and fresh roasted coffee at C. C. Starr’s. We roast our own coffee as needed, consequently have no old, stale stock. Notwithstanding the big advance in coffee you can buy fresh roasted coffee at C. C. Starr’s at the old price. Please call and settle your account at once. We need the money to settle our bills. Your accounts may be small but a hundred such, amounts to considerable to us. Hemphill <fc Honan. Anyone wanting a watch can get one at net cost, and express charges, by buying $2.50 worth of goods of me, durmg the next 30 days. Call and see how cheap you can get a good new watch. Habdman, The Jeweler, Agent

A mystery Explained.

The papers contain frequent notices of rich, pretty and educated girls eloping with negroes, tramps and coachmen. The well-known specialist Hr. Franklin Miles, says all such girls are more or less hysterical, nervous, very impulsive, unbalanced; usually subject to headache, neuralgia, sleeplessness, immoderate crying or laughing. These show a weak nervous system for which there is no remedy equal to Restorative Netvine. Trial bottles and a fine book containing many marvelous cures, free at B. F. Fendig A Co’s, drug store, who also sell, and guarantee Dr. Miles celebrated New Heart Cure, the finest of heart tonics. Cures, fluttering, short breath,ete.

Good Looks

Good looks are more than skin deep, depending upon a healthy condition of all the vital organs. If the Liver be inactive, you have a Bilious Look, if your stomach be disordered you have a Dyspeptic Look and if your Kidneys be effected you have a Pinched Look. Secure good health and you will have good looks. Electric Bitters is the great alterve and Tonic acts directly on these vital organs. Cures Pimples, Blotches, Boils and gives a good complexion. Sold at F. B. Meyer’s Drug Store, 60c. per bottle.