Rensselaer Republican, Volume 27, Number 44, Rensselaer, Jasper County, 27 June 1895 — Page 4

THE REPUBLICAN P ■■■ II ■ ■■■,,■—■ !..!■■■ iim m■■ —■ i ■ n.— ,„n, ,r r ■ Thursday, Jane 27,1895. ISSUED ETEBT THURSDAY BYfe Publishes and Pbophiktob. OFFICE In Republican building, on _ C jrner of Washington and Weston street#. TERMS OF SUBSCRIPTION. One Yew SI.BO Six M0nth5....... 75 Three Mouthy.... .„. 80 Official Paper of Jasper County.

The government of Chili permits the free coinage of silver at the rate of 33 to 1. This is placing silver in the monetary market on the basis of its commercial value. This proposition would doubtless be obnoxious to the numerous class who are just now insisting that our government should give silver a fictitious value by fiat, but it is none the less commendable for its fairness and honesty. This free silver howl has all the earmarks of the old greenback heresy.—Monticello Press.

Since the great “Crime” of 1873, when this country stopped coining silver dollars that didn’t circulate, this country has added to its wealth nearly forty billions of dollars, or forty thousaand millions. The average wealth of each ihabitant has increased from S7BO to 81036, an increase of over thirty per cent, yet our free coinage friends would have us believe that we are going to the demnition bow wows, all because we don’t allow the silver barons to bring fifty cents worth of silver to the government mills end get a dollar’s worth of grist at the expense of the nation’s credit and honor.

It looks like it would be a long time before the general ception about the provisions of section nine, the so called localoption section, of the Nicholson bill, will be cleared up. This section as originally proposed was a very radical local option measure, and provided that if two thirds of the voters of any township, or in a city, of any ward, signed a remonstrance against " saloons, then" no liscenses could be granted in such township or ward for two years. As finally passed, however, this section was so modified, that the remonstrance must be against the individual applicant, and it only affects the applicant against whom it is directed. As the law actually is, if the people of any township or ward wish to keep out all saloons they must have a fresh remonstrance ready for every applicant.

Bobbing The Many to Enrich The Few.

Indianapolis Journal: Those who are so indignant over the alleged crime of 1873 that they seem to have lost the capacity of cool reasoning declare that the outrage consists in denying the debtors the privilege of paying their obligations in the two kinds of money which they assert were in circulation at that date, and compelling them to pay them in one kind, namely, gold. If these men are intelligent they know that for nearly six years after the dropping of the standard silver dollars from the coinage of the United States in 1873, the greenback was the money in which payments were made. They know, also, if they are intelligent, that there were no standard silver dollars in circulation in 1873, and that {he silver dollar had a commercial value of almost 2 cents more than the gold dollar at that date. Consequently the debtor was not deprived of any rights in payment of money on contracts at that time. But the important point, which these advocates of the interests of the mine owners ignore, is that no contracts such as mortgages which individuals give upon farms and house*, in "do in 1873, are alive today. The average life of an ordinary mortgage is less than six years; but here are these champions of the free coinage of silver demanding free coinage in behalf of debtors who were outraged because the larger part of them had fiven mortgages on farms and omes more than twenty-two years ago! As a matter of fact, municipal bonds issued in 1873

bearing 7.3 per cent interest have been paid off by bonds bearing 4 per cent. By the last reports it appears that the savings banks held sl,730,000,000 of deposits which belong to 4,830,595 depositors—an average of $369.55 each. Comparatively little of these deposits was made prior to 1873. The life insurance companies owe their policy holders about $600,000,000 paid up insurance. A few rich men are insured, but by far the larger part of it measures savings from small, incomes and wages. The building and loan associations hold $526,852,882 of the savings of those who are called poor people. The $2,872,000,000 or deposits in banks and trust companies are owned by 3,400,000 depositors. That is, there are about ten million of people ip this country who ore creditors because they have deposited $5,740,000,000 of their money in the four institutions above named, a large part of which is invested in mortgages. All, or nearly all, even the advocates of free silver coinage, claim that the result of that policy would be to lessen the purchase povfer, that is, the value of dollars. Most intelligent people believe that free silver coinage by the United States alone would reduce the purchase power of the present dollar from one-half to one-tliird. It means, theD, that these ten millions of depositors, etc., ninetenths of whom are what may be called the poor, will be robbed of one-half or one-third of their savings by the free silver policy. And for whose benefit? That of a few thousand silver mine owners, to the end that they may become millionaires as have a few like the late Senator Pair. — Ttr means the enriching of the few by robbing the many.

The Irdiana Supreme Ceurt has just handed down a decision to the effect that money invested in Building and Loan Association shares should be taxed. “Paid up” shares should be assessed at what has been paid foi them; and the same rule applies to shares being paid for in installments. These last to be assessed each year at what has actually been paid in on them. These shares of stock each, so the court holds, represents so much money loaned to the association, and as such they must be taxed. In the case of shares that have been borrowed upon, the court holds that the shares represent only a debt due to the association from the shareholder, and as such they should not be taxed. This decision will, it is estimated, place $7,000,000 additional property on the tax duplicates in this state. It is doubtful however if any general movement towards putting ordinary building and loan stock on the tax duplicates will be made, until the Court makes a somewhat more specific and unmistakable declaration upon the matter. Although the State Board of tax commissioners, are likely at any time now to order county assessors to put such stock on the list,

Hardwood Lumber.

The undersigned has a sawmill cutting lumber near the Lamson bridge on the Iroquois river. Any one wanting h ird lumber of any kind can get it by calling on Walter Porter on McCoy’s ranch. Can get it sawed on order any size at lowest market price.

Cheap Chicago Excursion.

The Monon will run a cheap excursion to Chicago next Saturday, June 29th, with especially favorable conditions. Rensselaer people can go in on the Milk train of that day, or on the special train, about 8:20 o’clock, a. m. Coming home they can come on the milk train of the same day, or they can remain in the city, and come home on the same train of Sunday Or they can come home Sunday night on the special, which will leave Chicago about 9 p. m. Sunday, June 30th. The fare for the round trip is only $1.50. The round trip fare from other Jasper Co., and neighboring points, is as follows: Lee $1.70, Marlboro $1.60, Pleasant Ridge $1.55, Surrey $1.40, Fair Oaks $1.25 Rose Lawn $1.15, Thayer sl.lO, Shelby $1.05. The phenomenal success we have experienced in our dry goods department but bespeaks of careful selection, buying and selling for cash. A bargain for each and every one.

FENDIG'S FAIR.

“The Turn in The Tide.”

Under this captain Bradstreets of June 1 presented a table showing “the industrial revival among more important establishments within two months,” In 1890 there were 186,147 industrial establishments in 165 different cities. This number had undoubtedly been increased to 200,000 establishments by the end of 1892., and at least 50,000 of them were closed during 1893 and 1894. Bradstreet's now find that 227 establishments started up again during April and May last, giving work to 53,400 people. "TH* 1 eiTutlil.iijti "pt the. wageearners in 1894, as shoWn by the investigation of The American Protective Tariff League, published October 12 in that year, represented 1,413,550 hands idle, who had been busy in 1890. Out of this total of 1,413,550 idle people, Bradstreet's is able to report that employment has been given to 53,400, which, would loave 1,360,(XX) persons still idle. But against the 53,400 hands to-whom employment was given during April and May, we -find from Bradstreet's that 36,000 have struck and 25,000 are striking for higher wages. Deducting the 25,000 who were then striking for higher wages from the 53,400 employees who were given work, leaves only 28,400 as the net number benefited during the two months Another column of Bradstreet's exhibit shows that 178,000 employees had their wages advanced, but there is nothing whatever in the article to indicate the extent of this advance. Hence from an economic standpoint, it is a perfectly useless exhibit, and we are surprised that Bradstreet's should present it without some comparison or explanation that would serve to explain what it really means. According to the census of 1890, there were 4,711,832, hands employed at different occupations throughout the United States, but the condition of 1894 showed that 1,413,550 hands were

idle Tn 1890 the aggregate of the wages earned was $2,282,823,265; in 1894 the aggregate of wages lost was $1,027,270,469. Bradstreet's should show what proportion of this billion dollars of wages has been restored through the 178,000 employees whose wages have been advanced. On the basis of the loss of 1894, the restoration of money in circulation through these advanced wages would reach $128,050,000 only, still leaving a loss in wage earnings of $900,000,000 a year. What a pity it seems that Bradstreet's should be compelled to record an “industrial revival” with such results!—American Economist.

The Chicago Inter Ocean, contrary to its former rule, has concluded to continne its clubbing arrangements through the summer. All Republican subscribers will therefore take notice that they can still procure the Weekly Inter Ocean and the Republican at the very low clubbing rate of $1.85 per year. For bargains in buggies and harness see G. F. Meyers, 38-ts. Kniman, Ind. Don’t fail to see the new surreys at Robert Randle’s before buying. t Tile for sale by C. W. Coen. B. S. Fendig will occupy his old room south of the town hall for another year, and will continue to buv, at the highest market prioes, Wool, Hides, Fur, Tallow, and all kinds of Junk. Persons desiring to purchase land, will find it to their interest to correspond with B. F. Ferguson. B. F. Ferguson has sold many hundred acres of land within the last three months and has thousands for sale. For Rent or Sale—A largo 10 room house with barn attached located on Front street, within a half block of Washington street. Apply to

A. MCCOY.

Sale of Church Building. Notice is hereby given that at 3 o’clock P. M. on Saturday, June 29th, 1895, the trustees of the Presbyterian church will offer at public auction the old Presbyterian church building, on the premises. Reserving the bell, pews, pulpit, and all personal property connected therewith; the sale to be made to the highest cash bidder. M. F. Chilcote, F. J. Sears. John Eger, W. B. Austin, Edward D. Rhoades, Simon Phillips, Trustees. ‘ Auctioneer.

The Inter Ocean Again.

ALFRED HOPKINS,

It is Now Warden Harley.

The supreme court last week affirmed the prison directors suit. It came up from L&Porte county where Ihe circuit cou-t decided against the governor in the contentipn over the appointing power in the matter of the selection of trustees for the state prisons. ? The law of the last legislature delegated to a board of officers including the governor, secretary of state, auditor, treasurer and attorney general the right to appoint directors for the state prisons. The governor refused to act with the board, or to commission the directors selected by it. He attacked the constitutionality of the law, holding that the legislature might create an office but had no power to fill it. The governor claimed that the appointing power was lodged in him. and could not be otherwise delegated. The court held against him in all the material allegations, and Charles Harley, warden of the northern prison, according to the board’s election, has succeeded J. W. French. The case applies with equal force to the prison south and the nominee of the board will succeed Patten there.

The decision places the prison boards appointed by the state officers’ appointing board in possession of the state prisons and the board of the prison north now stands: Henry VanVorst, Monticello. Gen. B. S. Foster, Indianapolis. Hon. H. E. Nebaker, Covington. ... This board met on March 15th and ■— • p. 7~r ~ appointed Charles E. Harley, of Delphi, warden. The contest was a friendly one from the first and ended in the same mannei. Mr. Harley took charge of the prison last Wednesday.

Jasper County Summer School.

The Jasper county Summer school will convene Monday July 15, and continue five weeks. The common school branches will be reviewed. A special study of Ruskin’s Lectures will be made. Arrangements have been made with the Rensselaer School Board for the use of the High School Laboratory. We expert to give special instructiqn in the Sciences of Zoology and Botany. This work will be adapted to the needs of all our schools and can be used as supplementary work. The tcience work will be under the management of Thomas Large, Principal of the Rensselaer High School who is a specialist in these lines of work. The Literary work and Science of teaching will conducted by Newton Warren, Principal of the Sheridan High School. We expect to make this the moat helpful Summer School ever conducted in the county. We will expect a full attendance. Tuition $4.50 for the term, in advance. Per week, SI.OO,

On account of the Fourth of July holidays the Monon Route will sell tickets to points within a distance of two hundred miles at a rate of one first class limited fare for the round trip. No rate for adults to be less than 25 cents and no rate for children to be less than 15 cents. Tickets sold July 3rd and 4th and good going only on date of sale and good to return until and including July sth, 1895. On July 4th, all through trains will stop at all local stations. Buy your suit at Fendig’s Fair. Cheapest line of mitts and gloves in town at the Emporium. Mrs. C. E. Ilershman is closing out hats at nearly cost. Brand new goods.

Am The Railroad Sandwich. £. / % W. R. Hart, Traveling Salesman, M * Dayton, 0., says: “Like many yh m other traveling men, I made the jm acquaintance of the railroad sandI m wich, who afterward introducedjne 1 m to old ‘General Dyspepsia,’ an.acIs / M' quaintance I was unable to shake / until I met with LYON’S SEVEN 1 # WONDERS, which I am happy to say, has put the unwelcome guest \ wil UP ml 1' to flight. Dyspepsia and headaches 1 W ffj gs! 3|) are things of the past. I feel like Hfjj-sA a now atan and can eat anything.” /cpfCi' "M Maiyf by ‘ uot s,eep at Wl * ht * / / m • To whom it may concern: / ThE LYON\ Following an attack of la grippe / Aral' MFniflNF and typhoid fever, I was left with a /RFR/llnM*' 1 nuUltllit Lad condition of blood and serious I , *" C»0. stomach troubles. I had no appeI or tne iHniANAPffllt tite, was exceedingly nervous and V ind could not siee P at ni & ht - T ° ten VlWsilOO M "fflp the story briefly, LYON’S SEVEN • WONDERS cured me. John F. White,

Agent

J. F. Warren, Co. Supt.

Health Restored ALL BUN DOWH No Strength nor Energy -a 4 Miserable EXTREME. TTftncis O V E R E D • sores. f ' CURED BY USING Ayer’s Sarsaparilla “ Several years ago, my blood was in Os bad condition, my system all run down, Oj and my general health very much im- os paired. My hands were covered with os large sores, discharging all the time. I Os liaa no strength nor energy and my feel- oj lngs were miserable in the extreme. At Os last, I commenced taking Ayer’s Sarsa- Oj parilla and soon noticed a change for the °a better. My appetite returned and with Oj it, renewed strength. Encouraged by Othese results, I kept on taking the Sar- Oj saparilla, till 1 baa used six bottles, and o. my health was restored.”— A. A. Towns, prop. Harris House, Thompson, N. Dak. w Ayer’Som,Sarsaparilla § Admitted o§ AT THE WORLD’S FAIR oj 00000000000000000000000 l

If you have any furniture that needs repairing, don’t forget that H. Y. Weaver will make it as good as new, at the old reliable stand in the Nowel’s Block. Come early and avoid the rush. Cheap. Cheap. A bargain in town property, well located. See B. F. Ferguson. B. F. Ferguson sells the GaarScott thrashing outfit,, “tfye best in the world.” All kinds of engines and heavy machinery. Call and seehim. B. F. Ferguson has an Unlimited amount of money to loan, at 6 per cent interest. Call and see him. Estey organs and pianos, and Estey ACemp organs and pianos, on exhibition at C. B. Steward's. Money to loan on Real Estate in sums of SSOO to SIO,OOO. Call on or address J. M. Winhley, Monon, Ind. Office up stairs in Blakley block. : j . M . W inkley, Monon, Ind. Anyone contemplating buying a wheel should call on W. E. Overton at the implement store and learn prices. \ Seed Buckwheat, at Saylers & Collins’ Mill, for 85 cents per bushel. June is the month to sow it. * See those baby bonnets at Mrs. Lecklider’s, The Emporium, going at actual cost. B. F. Ferguson will furnish you a list of the lands he has for sale on application. Austin, Hollingsworth & Co. have purchased the only complete set of Abstract Books in Jasper County. They are prepared to make abstracts on short notice and on reasonable terms. Call on them for prices. Acme harvesting goods, the finest haying tools on earth, sold by Robt. Randle.

’ Farm For Sale. 550 acres in Secs. 6 and 7, T. 30 N. R. 6W. 8 miles north of Rensselaer, 500 acres black soil, 350 acres tile and open ditch drainage, over 160 acres in cultivation mostly first crop, 120 of it corn, 1£ miles north of Aix P. O. D. Mulford. As over heard by our reporter. “John please get some sugar at Black’s; he gives more for the money tnan the other dealers; to economize we must be careful to get our money's worth of everything—and Oh! John, don’t forget to stop at Long & Co’s, drug store for a bottle of Brant’s Balsam, it only costs a quarter and it cured my cough so quickly before. I have confidence in it, besides it is economical 1o use, the bottles are extra large, while the dose » only a half teaspoonfuL Get Brant’s of Long & Co.

The Rensselaer Republican PROFESSIONAL CARDS. PHYSICIANS. yy W. HABTBELL, M. D., HOMEOPATHIC—— and. Sixxg-soax, tXNSSKLAKB.... JXBIAXA fOT"Chronic a Hppciitltv^nr lock ton-Wllliams block, opposite h ouse. 3-Jan-84. Residence, M&keever Hone*. | yR. I. B. W^a^BUFN, PHYSICIAN and SURGEON, Rensselaer, Indiana. Special attention given to the treatment Of S Diseases of the Eye. Ear, Noee and Throat and Oise&ia sos Women. Tests eyes for glasses, ■ A. McCoy. T, J. McCoy. A. R. Hopkins, Pres. Cashier. A&>t. Cashier. A.BlcCoy&Co’s.Bank 8 KKNSBXLAKB. INDIANA. _-i THE OLDEST RANK IN JASPER COUMTT Established 1854. Transacts a general banking business,ntmyt notes and loans money on long or short time on personal or real estate security. Fair and liberal treatment is promised to all. Interest paid on time deposits. Foreign exchange bought and sold. — rT — - ~ TOUR PATRONAGE IS SOLICITED. Patrons having valuable papers may deposit them for safe keeping. Addison Paikißon, Geo. K. Hollingsworth President. Vice. President. Emmet L. Hollingsworth, Cashier. Commercial State Bask RENSSELAER, IND. Directors: Addison Farkison, James T. Randle, John H. Wasson, Geo. K. Hollingsworth r Jd Emmet L. Hollingsworth. This Rank Is prepared to transact a gener al Banking Business. Interest allowed ontime deposits. Monty loaned and good notes bought at current rates of Interest. A share of your patronage is solicited. A3"At the old stand of the* CITIZENS’STATE BANK. ~ ■;; * ; - •' r~ ~ Rensselaer Bank, (Located in Nowelsßuilding.) ’ - «. O. HARRIS. E. T. HARRIS President. Vice President, J.C. HARRIS, Cashier. Money loaned In sums to suit borrower. Exchange bought and sold on all banking points Collection made and promptly remitted. Deposits received. Interests bearing certificates Of deposits Issued. ——

LAWYERS^ W llliam B. Austin. abthubH. Hopkins Geo.. K. Hollingsworth. tetMclgsmUiCo ATTORNEYS AT LAW; Rensselaer - - - - - - second floor of Leopold’s Block corner Washington and V.an Rensselaer street Practice In all the courts, and purchase, sell and lf»«e real estate. Atty’sforL. N. A. A C. Rw. Co. B. L& 8. Association and Rensselaer Water, Light A Power Co. JJALPH W. MARSHALL, ATTOBNEY AT LAW\ Practices In Jasper, Newton and adjoining counties. Especial attention given to settle ment ol Decedent’s Estates. Collections, Conveyances, Justices’ Cases, Etc. Etc. Etc. Office Over Ohictgo Bargain Store. Rensselaer, • - Indiana Simon p. Thompson DAVir j. Thompson at late. ==s — -Notary CtMU. — THOMPSON & BRO., L ATTORNEYS AT LAW Rensselaer, Ind. Practice in all tne courts. We pay particular attention to paying taxes, selling and leasing lands. M. L. SPITLER Collector and Abstractor F. CHILCOTE, ATTORNEY AT LAW, Rensselaer, Ind. Attends to all business in the profession with promptness and dlspatoh. Office in seoond story of the Makeover building. QHIRLEB E. MILLB. ATTOE2TET AT I*A.W Rensselaer, Indiana. Pensions, Collections and Real Estate. Abstracts carefully prepared. _ _ Titles Examined W Farm Loans negotiated at lowest rates Office up (tain ever Citiiene Beak. JAMES W.DOUTHIT ATTORNEY AT LAW, Rxkmulah. ..... Indiana. Office over Laßue Bros., grocery. XV-4S. MISCELLANEOUS. JAMES A. BURNHAM, u. s. pensioiTattorney and jus TICE OF THE PEACE. Thoroughly equipped and abreast of the time Expert in Pension matters. Office with . Treasurer, Court Haase, Sspi. litj 1890* J. L Helmlck, Notary Public and Beal Eotate Agea Lands of all descriptions for sal* or ease. WBEATFIIID, ISB.