Rensselaer Semi-Weekly Republican, Volume 19, Number 42, Rensselaer, Jasper County, 28 January 1898 — Republican And Inter Ocean [ARTICLE]

Republican And Inter Ocean

It is amusing to hear Mr. Bryan talk about giving the American people in America financial system, supposedly a system looking to the equal use of both gold and* silver, and then see him go to Mexico and bring back glowing accounts of the Mexican system, under whose operation no coin but silver is seen or used from one year’s end to the other, Of course the calamity howlers ■ who still claim that the times are as hard as ever take no apparent account of tlie fact that there were 1,737 loss business failures jn 1897 than in 1896, and tliat the aggregate value of the failures for 1897 was $72,000,000 less than 1896. Calamity howlers never do take any account of such unimportant figures as these.

The revenue receipts for January bid fair to he larger than those for December, thus showing a steady growth in the earning capacity of the Dingley law, month by month, since its enactment; butjowing to the heavy interest payments ■ and other extraordinary expenses indent to the first month of the year, it is probable that January will see another deficit. The time is rapidly nearing, however, when the free traders will no longer be able to cry deficit. The talk going the rounds of the of the press about the thirty or forty million dollars paid out annually to soldiers not entitled to pensions, and about the necessity for purging the “roll of honor” and all that sort of thing, appears in a very ridiculous light when it is remembered that very recently, under Judge Lochren's administration of the Pension Bureau and by President Cleveland's direction, every corner* and cranny of the pension roll was searched for supposed fraud and thousands of just pensions were denied or delayed, the secret intention of the administration being to cut down expenditures to the lowest limit, in order to keef> down the monthly deficit as much as possible. A great hullabaloo was made by the Pension officers about fraud, and something like $300,000 was spent in exhaustive investigation of the same, with the result that just thirteen cases of fraud were discovered

It must be difficult for those statesmen and patriotic citizens who insisted that the prosperity which immediately followed the election of President McKinley and the rejection of free silver was but temporary to account for the continuous growth and activity in such an important branch of industry as the iron trade. This improvement has been continuous for over a year and there is no sign of abatement; on the contrary, the prospects are that the iron output and the manufacture of iron and steel products for the coming year will be greater than ever before. Tho consumption of iron in December was more than 60 per cent, greater than in December of 1800. The iron furnucos in blast on January first report an output per week of 227,C00 tons. An ordor has just then beet) placed with the Pennsylvania Railroad alone for 100,000 Vons of steel rails and thorn are numerous other evidences that all branches of the iron and steel trade are feeling the effects of the prosperity resulting from the triumph of honest money and protection. \

We have again completed arrangements to club with Chicago Weekly Inter Ocean. Tho Semi-Weekly Republican, $1.50 per year and tho Weekly Inter Ocean, $1 per year, will both lie sent for $1.85 per year. The arrangement with the Inter Ocoan is good only until May Ist, 1898. - A man with family wants a steady job on a farm, with a house to live in. Applicant is sober, industrious and an experienced and capable farmer. For further information, apply at this office. w 3.

I have private funds to loan op real estato at low rates for any length of time. Funds are alwnys on hands and thero is no delay—no examination of land, no sending papers east—alwolutely no red tape. Why do you wait on insurance companies fyr f> months for your money? I also loan money for short times at Current bank rates. Fund# always on hand.

W. B. AUSTIN.