Semi-weekly Express, Terre Haute, Vigo County, 17 April 1896 — Page 7

SPEECH BI CARLISLE

^CBEIABT OF THE TREASURY DISCUSSES SOUND MONEY AX CHICAGO.

Large Crowd Assembled in the Auditorium Last Night Under the Auspices of Laboring Men.

"ME SILVER FALLACIES SHOWN UP

/3TFKCTS OF A RADICAL CHANGE AMONG LABORING MEN.

jphe Secretary Firmly Declined to Talk Politics—Important Portions of the Speech He Delivered.

Chicago, Ajpril 15.—The Hon. John G. Carlisle spoke on the crurrency question at the Auditorium tonight before em audien'ce tha.t fille'd the great Wall the uttermost. Tlhe address was delivered under the auspices of the laboring men of C'hijcago, and they were there in full foitce, nearly three-quar-ters d£ the crowd being workingrnen.

CNfany local Democrats were anxious to oWtaJin a ft 'Interview wiith. Mr. Carlisle on the political situation in Kentudky, but- lie firmly- declined to1 talk politics in "any way. He said that he had come to Chicago to make an address on tlhe currency question an'd that nottMng could induce h'im to talk poUtfcs. 'Alt the eonckfeion of the secretary's remarks "Coin" Harvey, who was in tlhe audience, rose from his feet and began to talk. There were loud hisses audi cries of "Sit dbwn," but Harvey kept on. Fiinally several policeman started dawn t'he aisles and Mr. Harvey sulbsided. There was muth excitement in the hall for a few minutes.

His address, which was greeted with much applause and whidh'^ave great satisfaction to his hearers, was in parit as follows: "Whether we shall or shall not have a lo-ng period of financial, commercial and industrial disturbance in this country, andiwhethei labor shall be deprived of permanent employment or be partially employed and inadequately paid, are questions directly and necessarily involved In the damand now seriously made by many of our fellow citizens, that the United States, without the cooperation of any other government in the world, and in oposition to tft© established polity of every ofTFer great civilized and commercial nation, shall au-, thorlze the free and unlimited coiina-ge 0!f full legal tender silver at the ratio of 16 to 1, notwithstanding the true market ratio between the two metals is about 31 to 1 or, in other words that the United States alone shall declare by Jaw that 16 ounces of silver are equal in value to 1 ounce of gold, when it is an undisputable fact everywhere recognized that in all the markets of the world, in silver standard countries as well as, in igold standard countries, 16 ounces of silver are worth only about one half as much as one ounce of gold and will purchase only abou't one half as much of the necessities of life. The -naked-proposition is that the United Spates shall coin, at the (public expense, for the exclusive benefit of individuals and corporations owning the bullion, all the silver that may be presented at the mints into dollars containing 37^ grains of pure silver or 412^s grains of standard silver, worth intrinsically about 51 or 52 cents, deliver the coins to 'the depositors of the bullion,

and

compel alii

tTxe

of

defots

other people

of the country to receive these coi:ns at a valuation of 100 cents each in the pay-

Went

due them for property

sold, for labor and service of all kinds, •for pensions to soldiers and sailors and their widows and children,, for losses sustained under policies issued by liife and other insurance companies, for .deposits in savings banks, trust companies, building associations and other institutions, for debts due to widows and orphans by guardians, executors and administrators of decedent's estates and other trustees, for salaries of all civil, military and naval officials, and the compensation of 'private soldiers, and seamen, and, in short, for every

Kind .of obligation recognized by the laws Vf the land, except only in cases •where the prudent capitalist has taken the precaution to contraot in advance for payment In gftld or its equivalent. To say nothing of the gross partiality \nd manifest injustice of such a policy ts immediate effect would be to con-

Iract our currency to the extent of aiwut $620,000,000 by stopping the use of gold as money and putting a premium upon the coins of that metal equal, or about equal, to the difference between the intrinsic vhlue of the gold dollar and the intrinsic value of thesilver dollar. ciold coins would at once become a commodity and would 'be bought and sold by speculators in the market just as they were during the war when we had a depreciated paper currency. The value otf the silver dollar would fluctuate from day to day, moving up and down with the rise and fall of the commercial price of the 'bullion contained In It, as the Mexican dollar does noTV, and the premium on the gold dollar, would of Course, fluctuate to the same extent, thus affording an opportunity to bullion brokers and speculators to buy and sell it at a profit. It would cease be used as money, because no man would pay his debt in gold dollars or in paper redeemable in gold dollars, worth 100 cents, when the law permitted him to pay it in silver dollars, worth only 51 or 52 centa each. The sudden withdrawal of $620,t)00,t)00 from the volume of currency in the country would undoubtedly produce a financial and industrial dis'tunbanee far more disastrous to the interests of labor than ha? ever been experienced in cAir History, and no man, who has a -particle of sympathy for wonkingjmen and women and their dependent families c«ti( contemplate the possibility of sucli a calamity without feeding that U^^«lu|^jtwiieLh*2r he occupies a public or a*private station, to employ every honorable meanest his command to avert it.

The Sudileu RxpulMon of Gold. While the sudden expulsion $620.000.000 in gold from mir stock of rtionev would itseif be sufficient -to treajte a financial dis-turjjaiu'-e unparalleled in the history of this or ahy Other cdUrV try, t'he situation would be very greatly aggravated by the fact that the purchasing powder of all tine remainder of our currency would be suddenly reduced a:bou't one-half: we should have only aJbout fwo-'thiids as much currency as we have now, and at the same time it would be so depreciated in value that it would require a*bout twice as muxrh as we have now t^f transact th? business ctf th^ country ,pr§vidfe there should be any business to ffinsact.

The attemrpt to maintain what is called the double standard of value that is, the attempt to keep the legal tender coin's of the two metals, gold and silver, in use as money ax the same time, upon a raifcio of value fixed by law, has repeatedly been made "by k4n-gs and 'parliaments' in every civilized country in the wo rid, and it has failekl again an'd again in every one of them and iit'requires no gMt- of prophecy to foresee thiat it must continue to fall so long as self interest constitutes a controlling factor in the business affairs ojC men. Without trespassing upon your patience to review the monetary -history of other cou retries in which this experiment has b6en made and failed* it may be advantageous to retfer briefly to our awn experience upon this subject. When it was determined to ardoipt a monetary systefm for the United ^States and estaiblish a mint, Alexander

Hamilton aijd Thomas Jefferson, two men who dliffered widely upon almost every piiblfc question, and whose names as founfders and leaders af'their respective parties will live as long as ourpoWiical literature is read, agreed that in dfi'teiim'ining w.hait should be the coinaige or leg'al ratio between gold and silver, the true commercial value oif the two metals in the markets ff the world must first be ascertained, and that this relative value When ascer-, tain eld shouVd be incorporated into the statute as the basis of the proosed system of coinage. Although they were party l'eaders, they were statesmen and patriots, and tTheti- they were called on to consider this greait .business quesition affecting all t'he private affairs of their fellow-Citizens, they gave it a thorough and i'mipartial investL'gation upon its merits, without regard to the effect their decision nui'ght have upon t.helir own political fortunes or upon the political fortunes of their followers. These great men were never disturbed for a moment by the delusion thait congress could fix by Statute the actual or relative values of gold and silver any more than it could fix 'by statute the actual or relative values of a pound oif lead and a po-iind it iron. They knew that gold and silver, like all other exchangeable things, are commdities, and that their value will be fixed in the markets •elf the world.

The Nation's Money.

We hlaVe now albooit $620,000,000 in gold, •and $413,000,000 in full legal tender silver, Ibesides $78,216,677 in subsidiary silver coins, which are legal tender in payments not exceeding $10, and the real que^tiwi for the people to decide 'Is whether they will continue the use at ,the coins oi both me'tals or adept a monetary system which always 'has and always "will dri^e one of them out of the country. I asn not here, therefore, this "evening to advocate the exclusive use of goM tcoin as Money, or to oppose a conservative and saifie use of silver coin as money1 along with gold and at a parity w*h gold, .but I am here 'to insist that we slhall not abandon the '•present legal standard of value, expel all the gold from the country, and adopt silver momamietalilis'm, which free coinage Oif a nominal dollar, worth intrinsically only 51 or 52 cents. I am here to insist that the mint's of the United States, which were .construcited and are main'tained and operated at the expense oif all the ipeoiple, shall not be used ifor .the exclusive Ibeneffit oif the own'ers of silver bu'H'ion, under a law giving them the right tJO have 51 or 52 cents worth of their, silver coined free of charge a'nd stamped 'as a dollar and coimipelling you •.and alii others to receive it from .them as a dollar. All the mints o-f the United States, operated to their full ealpaoity, and doing no other work, cou.ld'in'ot co'in ln'to standard silver dollars tiwio-t'hirds of the annual prodHildtion of silver in our own country, tout, notwithstanding this, it is seriously proposed to offer free coinage to all the silver in the world at a legal valuation almost doulble Ttts commericial value in the imaTkets Qf the foreign, coum'tries wrbet'e it is iprodiuced. The annual productlion of silver in the world is albout $216,000,000 at out- coining rate, and the annual capacity of our mints to coin .standard siilver dollars is only aibout $40,000,000. Liast year we coined $43,933,475 in gold, and $9,069,480 in silver so that if our mints were devoted exicfu^ivfcly to the free coinage of standard silver dollars the addition to our stodk of mtetalliic money would be about $15,000,000 less every ear than it is now a.nycf it -would not be good money a/fter it was coined. More thaa (lifte'en years would elapse 'before we could at this rate 'coin enough depreciaited silver dollars to supply the plaice oif the good gold dto^lars expelled from the country, and, in the meantime, a compete revolution Would have to be effeJoted in our commercial relations nvith other nation's, and In all our domestiic business affairs, inicluding a readjustment'of the wages of labor, the pri'ces of comimodiities, the rates oif municipal, state gnd federal taxation, charges for tran'3porrtatio.n, and every other matter Involving the use of m.oney or crediit. We should descend by a single step from the .highest standard of value to silver monometallism, with a contracted and at the same time a depreciated currency, a. financial experiment which has no precedent in the •monetary history of the world. Fortu'nate'ly, when changes has heretofore been made in the circulation by the sulbs'titutjon' of the. coins of. on^ metal for the co!ns of the other, th« difference in their value has been very small and the process of substitu'®c.n has been gradual and cheated no great financial disturbance. Under the act of 1792 the difference in vahre between the coins at the legal-ra'tOo ^tas onlv a liittle o-ver 1 per cent., and yet, Within less than one year -aifiter the enrollment of that statute,- congress was compelled to reinforce our stock cSf money by making certain foreign coins legal tender In the payment of ddbts and on the Fame dacf the passage of the act of 1834, which put the. country on a gold basis by undervaluing silver aJboiai 1 per cent., congress passed another statute making tltfe gold coins of*Great Britain, Portugal, Brazil. France, Mexico and Colombia lesgal tender by weigh t, in the payment of,debts, thus providing, as far as p-ossiblef a^rains*t a contraction of the currency on account of the expulsion of silVef ffoifii ttiecirctila t'Oh. During the when gold was T:aving the cauntr'j^"legal tender treasury notes weije issived, und£r the tauthority (Continued on Thifti Page.) of C0ir^ressv to •take its places jand, instead of a* contraction of currency, we had an expansion. After the war. when i't was determined to change the character Off our currency -again by the resumption of specie payments, .the lawwas enacted'four years in advance of the tirSe when it was to take effect, in ot-Ict that asngJla oirpor'tur/tty might be afforded to adjust the business of the people to the altered' conditions. Now, however, ail the conservative and prudential consi^rasfons that have usually Controlled in the settlement of great finartcial question's .seem to be utterly disregarded* irai me are confronted ^bj' an organized and aggress ve movement to destroy 1V a ^ir»gle Wow the measure of value upon wwfCh ..all- existing conttracts are based, and thnis subvert the very foifndiaiion's & o^ir m-onetary sys­

tem, withlout allowing' a single day. to prqpare for the change. It# Etfect ou Worklnffmon

On /the 3rd of MaHoh, 1893, a stSb-com^-mitiee of the cwmmfittee on finaince id the United States senate qjade a- report on the course of prices and wagea in this oounitry Dor a peritwi of fifty-thwiv years, enrfbraciitg the prices of almost every axticle of oon'sitmption in ccwramfen. use amonig fhe people and the raifce^pf wages 4n almxrst every industry carried on during thlat time, and, in order that you may learn from this official and impartial invesltigatLon what effect a spree ratted* currency has on wastB and prices, I w^ill brietfly state some of the nnost mlaterial fajcts and conclusions amfbodfed in that 'document. The sufb-comimilttee consisted of five enators^ representing faatfh political parties areii both sides of the cuxrerccy question, and the invest}iga.tion, w'hich lasted nearly two years, was most thoroughly and iiti— partially made, with no purpose in view except to ascertain arid irepo^t the actual facts and, go far ais it relates tK questions of fact, the report was unan^ imous. As stated' hertofore, oongres?, early in the year 1862, inaugurated tSie policy of issulinig legal tender patper, gold was driven ou!t of circulation, specie payim^n'ts were suspended, the -cUirr&nC-y fbegan ait onibe to depreciate, and .before the close of the year the- paper dollar was wiorth leas than 76 cent^ in, %joldi From, the time the depreciaitjor^, "p^gjm 4he pri'ce oif commodities and towages •ctf' laib'or were paid in paper pyrx^rHcyi and the injurious effects upep .the ,3,ntereislts oif the laiboring man "is. clearly ish.cnwn in the repior't referred to. In 18B2 the wages at lalbtor, paid in depreciated jpalper, were less than 3 per cent. hiignei in paper than when: paid in gold, !but the prices oif the 223 articles used by the, l:a biofers a-wd1 wther people in the maintenance of their faimilies were nearly 18 per cent, higher than they were when (paid in gold in 1863 the waiges of labor paid in depreciated paper.worth about 69 cenit's on the -alollar, were 10% per cent, higher than when paid in gold* (but the prices otf the articles the la/borer had to ibuy with his wages were nearly 49 per cent." higher In 1864 the wages o'f lalbtor paild in depreciated paper dollars worth 49 cents each, ha'd advanced 25% per cent., but the prices of the necessaries of life had advan/ced 60% per dint. in 1865 waiges paid to paper iciunrency wiorth 63 cents on the doflar had advanced 43 per cent, aibtove the Hate's previously paid in gold, or .its equrvalenit, but the prices of wmumoditie® had advanced nearly 117' per cent.—t'hizut is to say, Wad more than diouibled and In 1866 wages paid --in a ourrenicy worth 71 cent® on the dollar •had advanced a fraction more, thari 32 iper cent, from the previous rat.es ingtold, ior its equivalent, 'buit the prbces of commodities had adv.antced 90 per cent* The r.3se in the rates of wages neven correeiptoaded with t'he rise in the prices of ot'her things untlii the yea-r 1869, four yeans aifter the close oif 'the war, •ivhe'h the vtalue oif our currency wa£ 71 cents on the dollar, and 'ft was quite certain that no further depreciation would occur. In 1860 this aotU'ntry was on a «gtld batsifs and had been on that basis ifOr many years, under the operation, of theacts of 1834 and 1837. Wages were then paid in 'gold, or it's equ'Lvalpnt, and by reducing the wages- paid in. a depreciated' currernicy to a gold basis, and domiparinlg them with fhe dates' paid in gold in 1860, we shall have andther demonstration of the injurious effects of cheap money on the interest's of this lalbiorer. On thlis basis t'he laborer received 76 cents and 2 mills in 1863, instead of the gold dollar he received in i860 in 1864 he received 80 cent's and 8 mills instead of a gold dollar, and 'in 1865 he received 66 centi3 and 2 mills instead of a gold dtollar. In other, word's, the. wages of labor,- measured by gold as they were ito 1S60, when we had la sound currency had fallen albout 24 per cent, in 1863, more thian 19 per cent, in 1864, and nearly 44 per cent. In. 1865 when we had a depreciated c'Ur-, renfey and, gentlemen, the force of this illustration i's greatly augmented by the facts that t'hese red&ucfions in the rates oif walgG'3 OCcu-rred lat a time when, several hundred thcra.san.d laborers had •been withdrawn from the field of oompeti'tion, When the government w,a.s en-, gaged in the pitoseciution of a great war, arid was expending money lavishly for all kinds of supplies for the army- and! navy, and when the pifces of all the products flfaJbor had lajrgely increased.: Slxrely, if there ever can be a time when an aJbumdance of cheaip money will iri-i crease the waiges and imptove1 the dondiition df laboring mien, these results ought to have' been aaactm.pHshed under the' combination of favortalble circumstances exiisitlin.g, especially'in the great oen.tera of indiuistry, ifirom 1861 to 1865, and yet* there has been no other period in our history when the rates of wages feQl so rapidly or so low.

Results or Free Cninage.

'Bujt iif free and unlimited coinaige o'f legal tender silver at the rati'o of 16 to 1 is established in this counltry, a very large art of them money deosited in these various kinds of savings institutions will not even be repaid in depreciated silver, but will be wholly lost, because such a reokness monetary systeim would prelcipitate a financial panic, whiteh very fe»w, iff any, of the depositories could survive. 1 dobtut rhai the're is a single financial institutiion in the country that.could sustain the pressure that would be immediately made upon it by its depositore and -other creditors, when it 'became apparent th'at our standard-of value was to be." lowered and our currency depreciated by free coinage. Payment of all our obligations held abroad would b6 c(«rfyanded in gold at once .every invtetflfj^htyo.f-for-eign C2(piial in this cpunj&fcij^uild be inssitaritly withdraiwn .who owed a dtlbt at home or ^.bf-oad Wcuid be called upon to piay-'rt^alEdepotiHoi'S in banks and otheT institut^dns Wau'ld want to WJthdrar.v their moriey.at the same time no leais could b,e negotiated and no credit wouldjbe given, because no man would lend m'^riey*c"r sell property on t-lme^hen he krieW 'with absolute centalnJty. that he would, be pa)d in a deipreidiated QU'prency.r Cceditors would "hot wait for' the actual passage of a free coinage law, but as soon as sinoh a measure had re-ceiyed the approval oif tire pe'ople^ at ant el%&i<Mi they would demand tlie'ir motiey, arid if ribt paid they would ertffcfOfe its cOilettron by judicial proceedings a'tid the forced sale of property, it Is useless foi- y!ou and me or pnybsdjr else lo'say that de-pt^i-tcrs in baulks,'and ot^ercrf-diWrs oiigh: to'piirHe course jrhtii

!a-

&&s*J ht'riiei, 6i "ij^fShenQed. for they have always pursued it, and al-^ ways will, unless human nfet.uire Itself' should be changed,

Letes than three years agoVyou saw. our financial, commercial, and industrial affairs yiplenstly disturbed by Uie fear that fhe government would not be erole to maintain gold -jjaj^ments, aiid that our currency would defend to a slh-jtr 1'asis. You saw the operations %f industry ititerrupfed. banks falling, great commercial houses unable to meet theif obligations, credit, seriously imp^ifed, triills and"-fa-iStoriete closed and thousands of laborers thrown out of employment, and a state otf panic ojjA lmdness disorder orevail-

lmg in every part df the country. If a mere douibt as to the. kind of money we intended to use produced these'distressing results, whaft think you would be the profbalble consetjjienees otf a deliiberajte determination'•upon the part otf our people to adopt? silver monometallism as a permanent system? The imagination can scarcely conceive the deploraible state of society that would immediaftely follow the announcement of sUtCh a pc/l?cy, and I Will not atJtem^rt to* describe it. It cannot be possible that in the closing years of the nineteenth century and in this great and free reputbKc, the people themselves will imitate the bad examples set by the corrupt potentates of Europe, who hJave made th'elr names forever odioua in history by debasing the money off tJieSr aUfbjeidts and robbing the industrious poor otf the juSt rewards, of their labor. The greatest crime short of albsolute political enslavement that could he commltfted against the Workingman in this country would be to comftecate his labor for the benefit of the employer by destroying the value of the money in whHch his wages are paid but, gentlemen, this irreparable wrong can never "be perpetuated under our system elf .government unless the laboring man himself ssists in forging hie own Chains.

And now, genltlemen, having siAmiittcd, as briefly and as plainly as the natup* of the sulbjesJt w^pild permit, some Of the reasons Why I think your interests demiand the maintenance of a sound and stialbte currency, I thank you meat sincerely for your kind and patient attention, and will deltain you no longer. .*

The Digestible "Finger Rotis." When doctors order Graham and whole* wheart bread and forbid the 'uisuial W'b3to flour preparations, a.nd when paitientbs absolutely refuse to have any otiher form ctf tlhe •Staff of life than thialt to wftkih fchey are accustomed, the provider's life Is mot a happy one. Sometimes she is aible •t)o induce bath physlcfian arid invalid to aaroprcimise on the long, thin roll® and the "fllnleer" roll's of white flour. T'hese betog alirn'Ost eratirely crus't. are regarded as imtuich more digestible than 'ordinary breadis.—New York Journal.

When Baby was sick, jr^'feave her Castoria. When she was a Childi shd cried for Castoria. When she became Mls& sbe clung to Castoria. When she had ChildBgni^ie gave them Castoria. e.', -V

1

o'y.d-

JlLECTION NOTltlE.

Whereas, A pet'Mrttf has been filed with ith.e board of commissioners of the county of Vligo, in the slate of Indiana, signed by the requisite number of resident freeholders of Harrison township, Vigo county, Indiiana, priaying for aid as herein con.templ alted, and

Whereas, The said board of commissioners of "Tdtgo county, state of Indiana, in pursuance of the duty devolving upon thorn by virtu© o:f the provisions of the •sitatu'be of Indiana, have ordered an election to be fre&d as herein contemplated, now

TherSfore, Notice ts hereby g'iven to the qualified voters of HarrfsOn township, Vigto county, Indiana, that by order of the saiid board of commissioners of the county of Vigo, made at a special session of said board of ooimTfflssio.nerS he?d in the'inionth of Marah, 1896, did on the 31sit day of Mareth, 1896, order such election, and that iihe polls shall be opened on Tuesday, the 5th day of May, 1896,- at the usual places for Vo'tiiTig in said township of Harbison to take the ^otes "of the legal voters of said, township upon the subjeat of said tow.nslhiilp's aiding in mo.ijey in the consttriiction of the Terre Haute and Mississippi 'River Railway C'oiropany in and through sa'id township of Harris'on to the aimount of one-half of one per centum of the' total taxables of said township of Harrison Cinicluding the city of 'T'erre Haute) as shown by the tax duplicate delivened t6 the treasurer of Vigo county for the year of 1S95, said a'id to be made lin all things in accordance with and conformafoie to tlhe provisions of the general as'nombly of the state of Indiana.

The polls of the several voting precincts of said township, to be opened at the. same hour, and the election to be conducted by the same •officers and governed by me same rules as a.-re provided by law for the holding and conducting of statij and county elections.

Witness my hand and seal, this 3d day of April, 1S96. •, JAMES SOUKES, Auditor of Vigo county.

HONEST

TREATWIEMJ FOR WEAK MEN Suffering from 'Wasting Vitality, Lost .Vigor, Emissions, Varicocele and all kinds of Sexual Disorders. Why will you be deceived by fre^-vtreatment offers which are used as decoys to entrap sufferers and In the end prov& to be the dearest of all treatments? Begttare of these cure-alls {in a day) that, "are liable to contain opiates and ot.hfe^ poisonous drugs which exhilerate and'-'produce a spasmodic improvement but no lasting benefit. Read this liberal offer: Send me a full statement of your case with $5 by registered letter or money order and I will -specially prepare for you a full two months' treatment, or one month's treatment for J3, or ten days' treatment, Jl. Just one-half my usual fee. If the $5 treatment fails to completely cure you I will treat you further free of charge. How much more honorable is this than the deceptive offer to refund money. I will guarantee my remedies to contain nothing harmful and to do What claim. My 64-page Book on "home treatment" sent f*ee. Nothing sent C. O.

D. without your instructions. Strictly confidential. Thirty Address. DK. D. H. LOWE, Dept., Winsted. Conn.

years' experience.

(Jet the

Best

and

Save

[Money

Do not buy until you have read the ATLAS Catalogue. Write for it to-day.

ATLAS ENGINE WORKS,

!P. 6. Box 741. Indianapolis, lud.

h.Tiie titme lor paying county taxes e&jSires- the third Monday in'April,» Gall early to avoid thfe rush. \fe:T. Sani^ORD,

Tre'asfirer Vigo County.

WANTED

Headittj? bolts or white oak timber, lilair & Failey Heading Factory, Terre Haute, Ind.

FOR SALE,

FOR SALE—Iowa, seed oats at Conrad 9fd Nnnih K'onrth llraet,

WHEAT UP AND DOWN

WEAK. AND STRONG Bit TURNS BUT CX.OSE8 FIRM.

Only a Moderate Speculative Trade—Corn, Oats and FrovUion* Slightly la flu j,, enced By Tone In Wheat. ,v

Chicago. April 16.—Whea/t w&s weak and dtnong by wunMs today and closed ftrm at 65% tfor May, or oent over yesterday's close, on frodt reports from some of the wheat growfcnjg states.

Corn, ocats and provisiohs were all moderately taftueooed by Wheat, the two "former closing wif(3i a shade otf improveanertt, the latter alt a sligfhft toss.

Ttoere was only a modera&e e^Ktoulartlve trade in wheat, the range for the session being oenft. The dbamt was eta ay on the failure otf any aoSd or sefvere teanperaiture (to materialize in thie norttihrwest, then receipts in ittoa-t BecftSon were liberal and the Prfce Current's weekly crop summary was taken as a litt&e "bearish," all of WhSch comsbintrf to weaken prtioes alt the start. Now York rerpwited nioWhing doing there in Uhe export line, and was ail^o ^ametMng of ah dnfluenfcie. There was, however, very iflalr buying at the d'eoBne by profdsstonals and some oif the llarger comimtesion houses and prices soon advanced. Public cables oamse 3$d higher and the flour ouitpu't for Itjhe woqtk frfede a fair shewing at 311,365 ibarr^, aglaiiiislt 223,215 tKarreUs for the sam^'pOT»odj(ri*lS95. Fitosts were again reported in Oalifornra, Rilldng ait Fresno, and ciJl^^dime Hgure. The Starting otf the fleet ihfcce at«o had some Ifltitle Inftuence, and*„t5ien. ithe ouit inspection was fair. Tlhere '-"Hvas quLte a little ohangfing— sielliiflg May amd buying July and vice versa, 'the.• premium for JuJy widening at one time to l^l^t.

There Was a moderate speculative trade In corn, the market at times ruling fairly aiotive, the range Chougih toeing narrow at %(&'% cenit. The feeing dfcve^ped was •fairly ttrm and the close shorwed cent advance.

Tihe oa/ts were steadier wTt'Ji a flair trade. Part of it was in tihe way of. ohlaroging from Mlayto June and in covering "ghoilts' hi bc/th "mortths. Prices had a oenft rtinge aind closed at the top with a gain of Wn'A cent, the latfter being on September.

There was conoid eraibde busin'eas transacted in the market for hog prcduots and the feeling in a general way Was easy wiit'h frequent fHidtiuiatitons in prices wtiitihin comparaltivttty narrow ranges. S.petcu'Va•bive offerings were qu'Ste free and the demand fairly active and credited to Shorts. The receipts of hogs were faiir anld prices lower, the supply for the week exoeediing •tthe esttaa/tes.

WHEAT May.... July....

May.... July.... IJAKD, May.... July....

Apr. 16

8 50

In the ra'ilwaiys Misaouri Piactiflc was U31 usually atatlve amd rose IVs with a suibsequenit partaal rec^s'on. The iluctuations in .other leading shares- were maiinly f.ractl'onial, Tlhe cBosfing Was steady wi'th irre'g'utar fraot-Joraai net changes in tihe aicitivp l'isi.

Bonds wers wdtilve and strong on foreiign purchases. Snlos $2,462,000. The tOiial sales of stocks today, were 1S7,405 shores, including American Tobacco 6 300 LiC'Uisvill'e and Nashville 7,900 Misg'oui'l Pacific 9,900 and Reading i4,600.

Clearings $100,847,143 balances $S,489,031. Money on call Closed easy at 2%@3V£ per cent prime mercantile paper SlifritSM per can't- sterling exchange duil and easier With adtual business 1ft banker's bills at $4.SSy2W'4.8^% for demand- and $4.87%@4.SS for sixty days commercial bills $4.87 bar silver 67% silver c?rtlflcrates 67%@6814-

OovcrrWen't -bonds strong state bonds dull ra'llroad bonds strong. Ateh'.sion 16% Adaims Bxpress 148 Alton and Terre Haute 58 AVimerican Express ....11.. Ra'ltimbre and Ohio }"H Canada Pacific Canada Southern a0'4 Centml Pacific 15'^ Chesapetaike and Ohio-—' 16Vi Ohioago and Alton 154CHKoigo, Bur&ngton and Quiney .... 7!Hi Onfoago Gas OonrrolidaJted Gas ....lo/ C.. C, C. and St. Louis 34^ Cblorado Ccal and Iran. 2 Cott.cn Oil der'tifH?ate3i£..• T)fliaiwre and Hudson 1Z7 Del., Lack, and Western 13» Denver and rti'.n- .G-ranfle, prefd Dlf»t!jlers and Oa-Jtle Feeders Co 18% lOrle ICr'je, tlrst prefd Brve, s' '•cmd preifd 23»2 P%rt- Wayne. b!d ....ISO «Tt«t vNcr-thern. prefd^ ....... m2 C.iand K. T- prefd. offd 99 rtopfcing Valley n?hn'!s Central SHf.. Paiiffiind Dndu-tlh 24 Ksnr-sa .ft®d Texas, prcPd 27^3 T,ak'ft TOrie and Wc^t-rn IS T^ke Krle and Western, rfe'W TJake F'hore T,ead Trutft Tauifv Ue ami Nashville aW Toft'srt-nie and New Albany XTanhm.ttan rsr^o'-itoitcd 1»% MfrwrWr?ar.d Charleston M.'c.'nt'ts.ain CeTtral w,. M.!.n-nr.ri Pa^Mte MrMle ard Ch'n Vanhvllle CJflHttanwga' —........ 6S Nst ?:ral Ocr-'aes ilj Vat'^al Qeii&Tf. pfeM Kew .terspv Oerltral 10BH T^cr-fotk aiw We^'ern. pre€d yfwr-W AnrrPn Clompany N'or.ihinn NtorWhtprn prefd it. p.'Dedver and Gulf .». t-shkher, £rctfd T^,iHSfT' .«•*. *7 Bu^er, prefd Xor^iwefrtern Nori.hiwmtcrn. prefd Nftr'Tor* Cf-Wi5 '9' Xftw yierk

aryi

Nnw Engtotid, offd.... 4?

OT»tiar and. Western 15 OTfstoii T-mmwsmfirrt 1 nrctloft Ore^fTn Line and tah Ncrth.. J-JJ PacVic M«fl P*or'a. Dinsa^ur and Eransville ...... Pi'tsbiirg '... .:.j T?'o ririndfi and "tVff*trrn. rifnl in H't) nde and Wea'.'frn. .yfofd,-otfa. 0 Wi!+ •'...:••»••••• '£l "TiVr" I*™ .... i..... 7#3-t St!" Pau3. prefd -IWi

Paul and Orrialhn s?0 P^. Vsth fnia.bQ. prefd ....128 ^W-Siern PaciflU Iffi Suaar Retflr^ery Teresw Coial b.tiA Ttxmi 51Vi Terras Pac*fte Toiadn and OTihn Central, preM ..— ,72

(Si Vi

'.I

Apr. 15

65H-U 60^

65&-% 66%-67

67

COKN.

CHUdrenCrv

Air Pitcher's Castoria.

May— July.... OATS. May— July....

tok-n S1J6-K 19%

80 Js 31X 19K 2034

80K-X 3114-% I9?» 20*-*

31Ji-M

SO

19X-* 20

PORK.

8 47 65

8 70-75

8 60 8 77

RIBS.

May— Jiily -...

8 60 8 7?

4 95 6 10 4

4 95 5 13

4 90 5 05 4 32 4 47

9 92-95 6 07-10

4 35-37

4 35-37 4 50-52

4 50-58

MONEY, STOCKS AND BONDS.

New York, April 16.—Although the volume of business in Sfcctoks today was niot large the undertone wa$ slttfaiig throughout. GOnservaJtHio opera/tons continue, however, 'to regiret tihe ia/ok of broadness and the relative inferior position of t'he regular ra?lway list.' Today Sugar figured for n-sarly one-t)hird of the entire dealings, recording 66,400 shares. The pool in this specSa-'lty oonfttnuos to be active and its meimlber3 predMt 130 or Higher for the stock. An element of danger in -the situation is thait every other man in Wail street is a bull oh sugar. The upward movtimeru "today resulted in 'the covering otf a considerable 'lllne of short s'tiook. In the Sugar trade prcid'ianons of further important advances in the price of tlhe product are made. ,The extreme advance, in the stock was 2Vi per cunt, bringing the price to 125%. Tlhe closing was at a fraction from the high level. Lcmdon was alternaltely a buiyer and a seller of sbooks in th'is market and also purdhassd' our bonds t.o a rmaderaite ex'fe nt. .Krie -lirsts preferred rose 2 pet wrat. The mi3Tftct moved ir^reguia^'ly and the general :l-ernd of t'he prices was upward. Lead shares, common and preferred, were proimintnt and made aubcttar/tiaJ gains cm the repoxtod favorable trade ocindL'ttom. The oommiort sold up 1% and the pretferrcd-2V per cent, cl'ostog at the top rtotclh. The sterling ex-chLim-gte market' diiJipiiaiyrd an easier tertdenoy, but a temporary decline in the price Of call money to 2£ uer cemt Was not ihafled wilth unmixed sajtrstacticn, the I'ow iig'Ltre serving to accentuate the dullness of general bu?inssl3.

rf

With New Steel Gangs. Also rigged with any gang, or as a fallow fcultivator with

15

Patent Teeth. If

your agent does, not have it, write tis.

GILE MFQ. G0., ALBION, M'SH.

Plows, Harrows, Cultivators, Rakes and Planters.

Union Pa»flc 8% United &tat-eSa Express .. 39 "VVaibiash, St. Louie and Pacific ^2 Waitia'slh, Sf! I/ and Paciific, pfefd. .. .1S% Wells Fargo Express' —......r 98 Wextern UnSon —. ,S4^4 Wheelimg• ajnd LaJte Erie —.. ..v.-!1M: Wheeling arfd Lake Erie, pre.Od S0V2 Minn, and St. Louis Denver and Rio Grande —.-.v.-.'.' 13% Gcurertal Electric...,52*• 37.. Na'tfonal DinKeed ••£**•, CoOorado' Fiie-l ahd TifwA ... Colorado T\i^l arn&'jwefd. offd..100 a a a a Toledo, St. LouHs ar?*J ^an^g City.... uya

Tabtaicoo, prefd American.fPel. and Cable.-Company....93/a OrmmercTS^ Oatbte Com^ny..:..... .. .10^ Ametrtoan Sugar, prafd 103% Cordage, gtd ...........1.... 19 United Sitates 4's, (new) reg ••-'•JfH* United S'Kaites 4's, (new) oouipon U'% Untied Stalles 5's, re»r ,.........J1|* TTmined States'5's, ooupon ........ United-States 4's. reig United States 4's, coupon i«J United .Sbates 2's, rog Paictfic 6'&,( of '95

THE LIVE STOCK MARKET.

Cattle Stoafly—Hogs Doll and LowerSheep Unchanged. IndfanaipoH'S April 16-—Cattle Retoelptis 200 head. Sfisipmenits failr, There was only a fair smp^ly of caittle today, and the offerings changed Wands promptly ait fully srtcady prict'3.

Export and shipping cattle we quote. Flat, weil-'finlsfhed dry fed steer9, 1,400 lbs and upward.? 4 05@ 4 40 Good to choice shlppdnsr and export steers 3 SO® 4 00 Fafr to medium Chapping steers 3 £(& 3 Oomtmon steers 3 00@ 3 40

BuitcJhers' cattle we quote: Good to choice heifers jwp K"aJr to medium hoifers 3 (Mi A Good to choice'feeding steers.. 3 WJj 3 is Fair to medium feeding steers.. 3 2o@ 3 50 Common to good stockers .... 2 a0© 3 so G'ocxl to cWotce heifers 3 3 So F*alr to medium cows 2 3ow 2 Common light heifers Good "to choice cows 2 3 -o Common old cows 1 Veal calves V££ Wmvv 2 DOhv 3 00 Prime to -fancy export bulls .. 2 'llji 3 00 Good to choice butcher bulls 2 40^ 1 6o Common to fair bulls 2 (Ht@ 2 2o Common to medium cows and calves ww-a Good to choice cown and calves 27 00@35 CO

H(?g3—'R«e:Trts 6,000 head. •Shipments 2.000 head. Th® hog market opened very dull, with bids 10c to 1&c lower, and later, with .packers and sappers bujing. ruled barely active at a general decline otf 10c in prices. We quote: Common to choice medium and heav 53 60f3!3 70 Mixed and heavy packing 3 50W3 SO Gt?sd' to choJce r^htweights .... 3 60(fs3 Common Hs-htwelghts 3 60^"3 Mia-s ...... 3 «0(&S i2% RoueWs 7.Tffj4 25

Sh

een-K&c -1rr'ts 200 head. Shipmeirts fair. There no qtaotable chaoiise in tw« alhceip and lamto market today, UiJt the tendency was lower. Owl to Choice lambs C&mmcm to mc*d!um lambs ...?•••• Export#: ewea and wot hers ...... 3 xasa ov —.—

0

CofTfee anil Hugnr Market. I

Now York/ April 10.—Ooffee opt tons •G^en-ed Wi15: points lower: rujed. ge/vpna.Uy weak flolkrivin unsaitiiiHCsuctgry caAie3 and fcrtlsfff%elI5r.«. eJosid cfJilM at' 10^20 points jfrtt ^e^V.rie. 18.5W ba«!». inchjding Miartfh $10J&ai0 7«: April S12.y(tt'12.y5 sr** Uro ouiou NOi 7, 13% miM .ftUiet: conSova

Sii^r—Kaw {Irm. fa'ir refining 3iifp3%) eeifti9?trgal W test 4%: refined Aran.

i' I'«orl:t C"ni 3IiirU(t. •Eft-^ria Apr.i lfi.—Corn steady Na J-. Kis. 3, OVf. quSet No. 2

Nsi. a, fva-awft jQ. #4fa:i So. 3-trtit te 1!*%: It

ye dull, r.

inaj. No. t, St. W'^.-aky unchaorged.

Minneapolis Wheat H»rket.

Minneapolis. April 1C.—'Whetat receipts £5 oars. iMarktt strong: Ajrrtl and To. 1 tlyr'Jhern 02% May fil%^a% July 63%: No. 1 hard 63% No. 2 ixjtfttttrn 62.

Your

Neighbor's Wife

Likes

SANTA CLAUS SOAP

[Says it saves time—saves money—makes overwork nnnecessary. Tdl your wife about it. Your grocer sells it. V.~ J,i Made.only by

The N. K. Fairbank Company Chicago.

THE NAME OF THE NEXT

PRESIDENT OF THE UNITED STATES

WILL BE ANNOUNCED IN

The New York Weekly Tribune

OF NOVEMBER 4, 1896.

Publlfe Interest trill steadily increase and the disappointment of the me? whose votes turned the scale at the last election, with the results of the admin* 1st ration they elecrted, •Willi make the campaign the most intensely exciting on» in tlhe Watoiry of th« counltry.

THE NEW YORK WEEKLY TRIBUNE.

the leading faanily newspaper of t'he United States, will publish all the polffl leal news of the dlay, interesting to every American citizen, regardless of partj( affliietiona.

Also general mews In at'trEwrtfve form, foreign oorrespondence ooverira^ the news of the world, an agricultural department second to none In the coun* try, market f£poilt which are recognized authority, fascinating short sbor ri-es, cofmplete in eaidh numlber, the creaan of the humorous papers, foreign and domestic, with thelif best conric j^iotures, fashion plaitea and elaborate descriptloiis o^ 'Wiomen's a/tftlre, with a varied and attreuotive department oi household interest. The New York WeeMy Tribune la an ideal family pa' pei', with 6. cirtulalftoili larger th(a/n that otf an other weekly publication in th country lasnied from the office of a daily. IjaTge dlvanges are toeing mad in ifts dettaiils, tending to give 4-t, greater life and variety, and especially mor« Interest t'd tlie Women anld young people of the household.

A special o6mitract enables us to offer this splendid Journal and the Semi* Weekly Express for one year for only

ONE YEAR ONLY $1

Regular price of the two papers ia. 2.50. Subscriptions may begin at any tim« Addres all orders to Gteorge M: Allen, 'SeSni-Weekly Express. Wrtlte your name and adress on a postal card, send' It to George W. Best, Boom 2, TribiHie Buildtag, New York Oity, ixrd a sample of the New YorV Weekly Tribune will be mailed to you.'

ALBION

CORN TOOL

There'll be a rush in May. to clear away for it we are going to make a discount' of IO per cent in our Tailoring dep't during the rest of April. —We have too many woolens owing to the backward season, ^. and we know it y/\\\ be like other like seasons— a rush in May. To get some work out of the way,

by

getting orders earlier than some of our customers expect to give them, we say

10

per cent off

during April. Ford & Overstreet, Sixth and Main.

Beautiful Fase

ismn«'ledoubly -.ttKictivc -a a in a is p!ain^-if acccnupatiicd by a xrac-ful figure. The

Henderson rj Corset

bfinga out the enrves of-a handso A iv awkward Every inch of it fits. AUP.ORA COHSBT CO., Aurora, 111.

DEALERS.

Isaac Ball 8c Son 3 FUNERAL DIRECTORS

Telephone 8» *ad

H8,

1A Ndrth Thlrd

T#!|,r4

asst.-*-.

H»ut* lair