Semi-weekly Express, Terre Haute, Vigo County, 29 September 1896 — Page 3

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LAFOLLETTE'S "DEAL"

mc JJO&T much money in thb mew

XOBK MI5KCOBY.

William Noble, WhoBonght It, Also Spent About 8400,000—The "Deal" With Silverites Didn't Hold Good.

New York, Sept. 28.—The Herald says: Another detail of the quiet little game which the silver ihihfe 'oWitefs of'the West are trying to play upon the East was brought to light yesterday .when William Noble told the story of his connection with the newspaper which was known during its lifetime as the Daily Mercury. The Mercury- affair was merely a side issue, but it caused Mr. Noble a loss of $«KM00 in cold cash, and was a contributing cause to the incarceration of Harvey M. LaFollette of Indiana in Ludlow street Jail.

The Herald has already told how Treasurer William P. St. John of the Popocratic national committee, was persuaded to contribute a large sum to the campaign expenses.

The Mercury was fifty years old when it died. At one time it was a paying property, the Sunday issue alone being credited with a large profit. In August, 1894, Jason Rogers and James P. Graham became its publisher and editor, respectively. In February of the same year it absorbed the Daily America. With Rogers and Graham, Harvey M. LaFollette and. William Cauldwell were associated.

Mr. Cauldwell, in March, 1895, went to William Noble, the proprietor of the Gre'noble Hotel, at the corner of Seventh avenue and Firty-sixth street, and opened negotiations with him. Mr. Noble told me yesterday what followed. "I never would have bought the paper in the first place," said he, "if Cauldwell had not told me that the silver men were going to buy it LaFollette represented the silver men. Through my brokers he asked how much I wanted for the paper. I said $200,000. They offered $100,000, and, to make a long story short, finally raised the offer to $130,000. I had not yet bought the paper. I told them that 1 would buy it if they would satisfy me that it would not come back on me after they hat] taken it. I told them that they must pay $25,000 down and give ample security for the rest. "They promised to pay $20,000 down and to give fifty bonds of the LaFollette Coal and Iron Co., of Tennessee, as security. When I asked if the bonds were good they referred me to several Western banks and trust companies. I telegraphed to them and received good reports of the bonds. I agreed to accept them. Cauldwell and LaFollette signed the contract and I assumed it. "I saw LaFollette and he told me that he had bought the paper to turn over to the silverites. He showed me an agreement signed by Senators Dubois of Colorado, Pettigrew of South Dakota, Jones of Nevada, and others, whose names I do not remember, under which they were to make the Mercury their free silver organ in the East.

Pledges Instead of Cash.

"I took title on April 1, 1895, for Cauldwell. It was understood that I was to run the paper until May 1st and that Cauldwell and LaFollette were to pay the expenses. LaFollette was to take title on May 1st. On that date he did take it and reorganized the staff, putting in his own men as directors. "I took a chatttel mortgage on the property for $110,000 on June 1st. LaFollette gave mo notes of three, six, nine and twelve months. The first of these was due July 1st. Ho came to me on June 1st and aid: 'I went into a speculation in Boston uid got in with a dishonest man and I'm ombarrassed. I expect every day to receive from $50,000 to $100,000 from Marcus Daly.' Ho then showed me a paper which was a subscription from Marcus Daly to 3100,000 stock in the Mercury. "He also showed me again the agreement signpd by the silver senators. Besides, he had a lot of letters and telegrams I'rom Frank Crawford, his agent in the West, telling of interviews with Daly and nomises made by him. He said: 'If you ,vHl carry the paper for a few days, Daly will be on here. I will give you $15,000 more bonds as security.' "I took hold and ran the paper through June. No bills had been paid since April ::.st'and by the last of July I had put in $40,oOO. The first note for $25,000 came due July 1st and was not paid. LaFollette begged me to keep on a few days longer. Jaly would certainly be on with the money, lie said. There w,as much correspondence with Dubois, Pettigrew, Daly and the other silverites—telegrams, letters and interviews—through LaFollette. Finally Daly i:ame to town, and LaFollette followed him k11 over town, from one hotel to another, hut Daly got away without his seeing him. "I carried on the paper until I had to foreclose. I offered LaFollette stock to he amount of money that he had put in rt if he would make the paper back to me, 'iut he would not agree to this. Eugene ?)avis was managing editor, and I was losng $7,000 a week. At this time William P. f.'it. John, now treasurer of the national ommitteo, used to write all the free silver editorials in the paper, sending them over I'rom his bank. The paper became a silver rgan when I took it. "Matters ran along through the winter f.nd spring until I got to negotiating with vhe silverites again through Representaive William Sulzer and James F. Graham, he former edito.*. The silverites were goug to do wonders again. They promised uoro money. I made another contract vith Graham and be and Sulzer were to

Wost and see the silver men. Sulzer »ut in $1,000. No Money Forthcoming. "He saw all the silver men who camo to (own. He went to Senator Jones of Nevada the Hoffman House twenty times. Jones vould say, 'Come tomorrow at 11 o'clock,' 'Come to No. 66 Broadway at 10,' and vhen Sulzer went there he would either not lie there or would pi.t him off another day. "And so it went on from day to day, and rom week to week, all promises and no money. Jones always snid, 'Keep it going _nd I'll give you the mcney.' They were pay $2,500 a week. We kept it going jour weeks on Jones' promises. "One night I got a a telegram from my business manager. It came at 12 o'clock, j.fter I was in bed. It said, 'All right we ire to have $2,000 a week from the national headquarters.' He meant the headquarters In the Barthrldi. "Well, this fell through. When Senator Jones of Arkansas, chairman of the national committee, came here I went to see him at the Fifth Avenue Hotel. He said: •Keep on with the paper and we -will see that you have the money later.' I said: No, air. There has been enough of that. I must have the money now. There have been loo many promises. I told him plainly ,\vhat I thought of it, There was no money forthcoming, and I stopped the paper. "During the seventeen months that I had it the Mercury cost me more than $400,000."

That Is ^Voble's story of how the sil'Jf fed him of nearly half a millfdftU&r? aadjwrec&ed a newspaucr. How

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much their glittering promises had to do with the misfortunes of LaFollette remains to be disclosed. He was arrested last Thursday and committed to Ludlow stret jail in default of $10,000 bail, on the suit of Harry E. Mooney, a broker, to recover $27 ,- 333 for the sale of bonds of the Connersville Gas & Electric Light Co. of Fayette county, Ind. p. taFollette'aStatement-

Mr. LaFollette obtained bail on Saturday and was released from jail. "It cost me about $55,000 for my little peep behind^ the scenes of the silver show," he said, "and there is not any prospect of my recovering it. My connection with the matter began in" March. 1895, when Senators Pettigrew ai$I Dubois came to me in this city and unfolded the plan of the silver men to purchase the Mercury. They explained that neither the mine owners nor the politicians desired to be known as the purchasers, and I was simply to get a commission of at least $10,000 for acting in their behalf.

The Senator's Paper.

"There had been a paper prepared for private circulation among those having silver interests, setting forth the advantages of the party purchasing the PaPer' and it was signed by Senators teller, Sboup, Mantle, Cameron, Cannon, John P. Jones, Hansbrough, Carter, Pettigrew and Dubois. "One day Pettigrew came to me and announced that the sale would have to be consummated at once, as there were several persons bidding for the paper, and some one of them might get it. I was needed to advance the money that would bind the bargain and keep the paper going. The mine owners would reimburse me for the trifling outlay of $8,000. "I wanted to

have

assurance of that, and

went to see Marcus Daly. He said that he would take $GO.OOO of the subscription of $250,000, and when I wanted to get his note for the money, he slapped me on the back and said: 'My boy, Marcus Daly's word is as good as his bond.* Then he started for the West. "The money to be paid for the Mercury was $130,000. Pettigrew assured me that former Representative Sibley would go in for a large amount, that Cameron would put in $25,000 Cannop of Montana, and Mr. Clark, Daly's brother-in-law, similar amounts, and several others, whose names I forget, would go in. So for them I bought the paper. "I dealt with Mr. Cauldwell as its owner, and Mr. Noble's connection was not known by me until long afterward. I gave $5,000, and later $15,000. Mr. Daly sent from Montana a subscription blank filled out for $60,000, and I was given a draft on him for $5,000, which I still have. Pettigrew and Dubois were to be a managing committee of the stockholders, and the editorial direction of the paper was to be with them. "The mine owners had understood that the purchase price of the paper was to be $187,500, so Irving Stump, the Eastern representative of several large interests, told me, and when they got word that it really 'was only $130,000 they dropped the whole scheme. I, as the nominal purchaser, was left in the 'hole.' "Pettigrew was enthusiastic about the thing at first, and based his promises of support on the statement that the value of silver would be almost doubled in case of the success of the Chicago ticket

FAILED TO CAPTURE ELOPERS.

Now York Detectives Arrest a French Consul and Wife by Mistake. New York, Sept. 28.—Tho first persons to board the steamer La Bretagne of the French Line after she was made fast to her dock this morning were two men of middle age and business like manner. They made their way to the saloon deck, and, appraoching a handsome man of military mien, who stood talking to a woman, one of them said: "This is M. Charpentier, I believe?" "Oui," replied the man with a polite bow, "that is my name. What is your pleasure?" "We are officers of the law and it is our unpleasant duty td take you into custody," replied one of the two men. "Yes," replied the other, "and this, I suppose is Mme. Dupont. Wo will have to arrest her, too."

By this time a crowd had gathered about the group and it was learned that the man and woman had been mistaken by the detectives for George Charpentier, a French artist, and Mme. Alice Dupont, his model, with whom he is said to have eloped from Paris a fortnight ago.

When the facts became known to the man and woman they laughed heartily, and the man said: "It is true my name Is Charpentier, but I am not the man you are looking for." He went on to explain that his name is J. C. Charpentier and that he is the French consul at Mazatlan, Mexico. "And this lady," he said, with a sweeping bow,

Mme. Charpentier, my wife." In support of his statement Consul Charpentier showed the detectives his official papers and after making profuse and abject apologies the officers left the ship.

The artist and his model, both of whom are married, were among the La Bretagne's 691 passengers. The emigration officials were also on the watch for them, and careful inquiry was made among the 350 steerage passengers without result.

Delicate and delicious—food prepared with Dr. Price's Baking Powder.

WED WITH LITTLE CEREMONY.

Barefooted Justice Marries a Couple In Bicycle Clothes at Midnight. Elizabeth, N. J., Sept. 27.—Justice of the Peace Charles A. Jacobs married a runaway couple at 12:15 this morning at his office on Ellzebath avenue. The bride gave her name as Lizzie A. "Kelly, 20 years old, of New Dorp, and the groom said he was John Brechtel, an actor, of New York City. The couple rode up to the justice's office on bicycles and were accompanied by the young woman's aunt, Miss Cecelia Finnan, Miss Mamie Pierson and Frank H. Willis, who said they lived in New York. Justice Jacobs was awakened to a pounding on his door and put his head out of the window. He saw the party standing on the porch and dressed hastily. When he ascertained what was wanted he told the party to go to a minister. Then Willis explained that Miss Kelly was a Catholic and would be married only by a priest or a justice, and as she did not care to go before a priest them came to Justice Jacobs. The argument prevailed and the ceremony was performed. Bridegroom and witnesses were dressed in bicycle suits and the justice wore no coat or vest and was barefooted. After the ceremony Brechtel told Justice Jacobs that he had known Miss Kelly three years, but her parents objected to him because he was a Protestant. Then Miss Finnan came to the rescue and planned the bicycle ride which led to the wedding. The party went back to Staten Island on the last ferryboat.

A Singular form of Monomania. There is a class of people rational enough in other respects, who are certainly mononan lacs In dosing themselves. They are constantly trying experiments upon their stomachs, their bowels, their livers and their kidneys with trashy nostrums. When these organs are really out of order, if they would only use Hostetter's Bitters they would, if not hop^s&ljr insane, perceive its suiaeciority,

SOME CUBAN EVENTS.

INDIGNITIES TO FKTKB BITIBTi AW AIUS1CAN PUSTBB.

Tk* TlMrl of Cnbao Newspaper*—More Kroopa Arriving—A Recent Kn« fcvtm gigement

The timely intervention of a Spanish scout,, who pleaded with the officer and vouched for Rivery's neutrality alone saved him. Even then the guerrillas were so angered that in defiance of the officer's orders they brutally beat Rivery with their machetes before leaving his plantation, tore down' the American flag waving over his residence, warning him not to display it again. All Americans, the guerrillas said, were either Mambis or rebel spies, and if not openly aiding the revolution were doing so secretly, consequently they ought all to be shot wherever found by the Spanish troops.

Rivery was born In New Orleans. He is of French extraction, and came to Cuba some years ago to assume control of property left him by his grandfather who died in Martinique. He is highly respected by the better resident element, and is in no wise suspected of sympathy with the revolution. The Spanish colonel in command at St. Louis apologized to Rivery for the outrage done him, and expressed his personal regret at the insolent acts of the guerrillas in the field.

Thirty-five Spanish volunteers, commanded by Lieutenant Romero, were surrounded by a superior force of insurgents as they were leaving the town of Quivican, province of Havana. A desperate battle ensued, the Spaniards attempting to cut their way through the rebels. Their efforts were without avail, but they did not cease fighting until twenty-three of their numbers were killed and four wounded. Among the killed was Lieutenant Romero. The volunteers who escaped report that severe losses were inflicted on the rebels.

Some Newspaper Views.

The Havana newspapers comment with satisfaction upon the detention by federal officers of the United States of Cuban filibustering agents. Diaro del Ejercito, the Spanish army organ, applauds President Cleveland's forcible manifestations of international sincerity, adding: "Spaiti can never forget these new proofs of good faith so nobly displayed at Washington by the executive."

El Diaro De La Marino, which professes to voice the sentiments of the navy, accredits President Cleveland with, having strumk a heavy blow at the actuial violators of the recent neutrality complications, but complains that he is primarily responsible for the fitting out and dispatch of the filibustering expeditions, as the president, secretary and treasurer of the revolutionary Cuban junta in New Yok have not as yet been arrested, nor their open collection of funds for such illegal purposes in any wise interfered with by the federal authorities.

La Lucha ironically suggests that now that President Clveeland is acting with justice it will be quite unnecessary for Spanish warships to continue their patrol of the Cuban coast.

Havana grocers, owners of clothing establishments and cigar dealers have been placed under the same military supervision as drug stores with regard to the? sales of retailers in the interior towns. "these, in the future, must bring or send a memorandum of the article required to be approved by the local military commandant.

Consul General Lee, who has finally obtained the release of Samuel S. failjjn, was informed that Tolon must leave tj£ie Island on Wednesday next.

The great floods which have occurred in Pinar del Rio and along the western trocha are not alone paralyzing the local military movements in the West, but may also retard for some weeks more the carrying into effect of Captain General Weyler's new plans of personal operation against Antonio Maceo.

More Troops Arriving.

Troop ships from Spain continue to enter the port daily, bringing new reinforcement. About 27,000 men have been disembarked. Many of these are veterans of former campaigns here and elsewhere, and consequently are expected to achieve better results than th recruits formerly brought over. Apparently they are full of energy and enthusiasm and are anxious for the fray. A majority of them are landed across the bay on Regia and the men are distributed thence by different points in the Island by rail or coast transports.

A correspondent in Santiago de Cuba says that the American prisoners, Frank A. Gramonte and Julius Zans, have been transferred from Moro Castle to the civil prison in the city, together with Gonzala, a Venezuelan general. It Is expected that they will all soon be called for trial. The Americans are visited frequently by Consul Hyatt or his deputy. Consul Prevat, who reports them as well treated by the prison authorities.

The Spanish press of Havana is engaged in a heated editorial discussion of the proposition to expel from the island all Cuban negroes as soon as the triumphs of the Spanish arms in the present struggle shall be assured, and follow up the step by encouraging white immigration from the poorer provinces of the peninsula. The negroes would be allowed to voluntarily embark for ports of the United States and Central and South America, but, failing to do so after reasonable notice, would then be forcibly transported In government warships to the coast of Africa. With their departure from Cuba, it is alleged, the future peace of the island would be assured.

El Commerclo, a conservative Spanish organ, defends the black man, and maintains his right to remain here unmolested, while certain liberal papers give tacit approval to the proposition for his expulsion. Negro lti.Kor will be indispensable, the Commerclo declares, in the agricultural reconstruction of the Island after the war shall be finished, and the blame for the present revolt, it says, can not be laid exclusively at the black man's door, those really responsible being his Cuban and alien leaders, whites and mulattoes.

Golden are the dainty corn cakes made with Dr. Price's Baking Powder.

BLUFFED THE TICKET SELLER.

TERRE HAUTE EXPRESS, TUESDAY MORNING, SEPTEMBER S, I896-

V-. *,v.

New York, Sept. 28.—A special to the Herald from San Diego de Cuba, says that Vice Consul Hyatt has offered an energetic protest in the name of Peter Rivery, an American planter, maltreated by the Span* isho guerrillas on his coffee estate, La Esperanza, near St. Louis, on the road to Bayamo. During his protest to the Spanish officer in command of the guerrillas against the destruction of his fences and property by the latter's forces. Rivery waa abused and led out to be summarily shot.

Bow a Yoang Man Got a Pasteboard Stamped at a Railway Office. Railroad managers have a fine pretense of opposing the ticket brokers. In some states they have been instrumental in having laws enacted intended to squelch the scalpers by making their business illegal. As a matter of fact, the ticket broker is one of the best aid* in securing bugJaeaa ratliura*

senger agents have, and ordinarily they will do a little better toe a scalper than lor a perapn who wishes a ticket for his. own use. Once in a while, however, when excursion tickets are bing sold at a particularly'lbw rate, the railroads do not wish' the brokers to have the tickets at all. Then they surround the handling of the pasteboards with what they consider safeguards sufficient to prevent the brokers getting a 8 lice of the pie. But the brokers never miss a good thing, and the regular travelers mal& it easy for the efforts of the railroads to be frustrated, says the Pittsburg Post.

A»Pittsburg woman took advantage of one the cheap excursions to Niagara Falls recently to pay a visit to relatives in Buffalo.' 'The jreturn portions of the ticket wertfsiirade good only when stamped by the ageifi of a certain road at the falls. The visitorj did not wish to limit her stay in Buffalo^ to the time for which the ticket was good. So a few days before it expired she had it taken to a ticket broker, who gave her one of the later date in exchange for it. A few days before She was ready to come home her grandmother, an innocent old lady, went to the falls to have the ticket stamped. "Please stamp this ticket," she said to the clerk. "Where did you get this ticket, madam?" demanded the clerk in his gruffest tones. "Why, we got it from Mr. Blank in Buffalo," w$s the naive reply. "Sorry, madam, but that ticket is no good," demanded the clerk. "Mr. Blank has no right to sell these tickets." "Oh, you must stamp it," protested the old lady. "It's for my granddaughter, and she must have it to go to Pittsburg."

But the clerk did not care anything for the old lady's granddaughter, and he said so.

She returned to Buffalo In great trepidation, and was met with a merry laugh by her sons-in-law. "Give me the ticket," said one, "I'll get it stamped." "Where did you get this ticket?" asked the man at the falls in the same gruff manner he had used toward the old lady. "Can't you read?" was the interrogative reply. "Give me the ticket and I'll read it to you, it you are not able to do so." "Well, when did you get It?" "It's dated. See for yourself." "$t'8 your place to tell me," said the clerk. "Nowj see here, if you aren't going to stance the ticket give it back to me, and 1 will see if there is not a means of making you perform your duty," and the ticket holder made a great bluff at being indignant.

The bluff worked, and the ticket was stamped without more ado. All of which shows the value of knowing how.

NO LONGER A FAD.

The Collection of Old Stamps Has Ceased to Be the Rage. 'According to postal clerks there has been a big slump within the last year or two in the stamp collecting business. Although the I government clerks are supposed to strictly avoid all dealings with stamp collecors, they are in a position to accurately gauge the condition of the stamp market and they are unanimous in saying that interest in this fad has fallen, off wonderfully of late.

Letters from stamps collectors became so numerous some time ago that Assistant Postmaster General Kerr Craige found it necessary to get otit a circular letter in reply to these queries. This letter starts out by saying the postoffice department does not buy or deal in canceled stamps, according to the Chicago Dispatch. No specimen stamps, eiher foreign or domestic, are sold or given away by the department. The department also fixed the penalty for postmasters selling stamps for any larger or less sum than the values indicated on their faces by decreeing that any official guilty of violating this law be fined not less than $50 nor more than $500.

Probably the greatest drop In the prices of Btamps is that noted in the case of Columbian stamps. Rare specimens of this issue that eighteen months ago were away above par, can be picked up almost anywhere at their face Vkluc. The reason assigned for the slump in prices of Columbian stamps is the fact that so many individuals invdsted' them as a'Thitter of speculation. The majority of t^ese "people knew nothing Whatever of the relative value of stamps to die* regular collectors, and after failing to realize on them at once, they have sold out,'and so fairly flooded the stamp market*^ "J

A lockl stamp collecor Is authority for the' statement that there is soon to be a united effort made by the dealers to revive the drobping stamp trade. This move is to take the shape of an attempt to bring baci the boy trade, which is necessary for the Wuccjess of the business. It is said that the reason many boys have abandoned stamp collecting of late years is because of the gradual increase in the prices of rare stamps. The first move will be to prepare a number of specimen stamp albums. This call for stamps of rarity, will be placed on sale at moderate prices. It is thought that in this way the trade can be stimulated, although it is conceded that it will be several years before the stamps will be at a premium again.

Price's as purest and strongest of balling powders, is most economical.

LEAD A DOUBLE LIFE.

Oliver H. P. Sackett Convicted of Burglary at Kenoaha, Wis. Kenosha, Wis., Sept. 28.-01iver H. P. Sackett of 451 West Fifty-ninth street, Englewood, Chicago, the Y. M. C. A. leader, the valiant church worker and the head and front of all charitable undertakings in his neighborhood stands convicted of the crime of attempted manslaughter and burglary. He is senctenced to seven and onehalf years at hard labor as expiation for his crimes. By day Sackett was a business man whose dealings were honorable and whose relations with the world reflected credit upon himself and his connections. By night the nature of the man was changed. His evil side showed itself, and he became a most potent agent for evil. He robbed other men of the fruits of their labor that he might enrich and fortify himself in a position where he would be secure from the arm of justice.

The crime for which Sackett was convicted, after a long and sensational record of events, was committed late in July. At 2 o'clock on the morning of July 28th, in company with a thief named Miller, the Englewood merohant was caught by Officer O'Hare, of the Kenosha police force, while leaving the yard of a prominent citzen of thisj place. When requested to state his business at that hour, Sackett backed away, and* producing a revolver, fired three shots at the officer, failing, however, to hit him. Millef, his companion, was shot by Policeman O'Hare while trying to escape. His wounds were not serious, and when taken to jail he confessed that Sackett was the man who had been with him. In a sworn statement, he said he and Sackett had been for a long time engaged in robbing residences and stores in Wisconsin. Sackett, be said, entered the houses while he watched outside.

To Care a Cold in One Day.'

Take laxative Bromo Quinine Tablets. Xll druggists refund the money. Jt laila- t*. 260k

CAUSE OF HARB TIMES

MB. P. K. STCDKBAKKR TBLLS WHY fBIC£8 BAVE UEOUKGD.

Improved Machinery and the Wicked BtU* roada the Canse—Crime of '73

v-

Not Responsible*

Mr. P. E. Studebaker of South Bend. Ind., who is an intimate and personal friend of ex-President Harrison, and Is noted for his financial knowledge, called at Republican national headquarters today and gave a good account of the political situation in the Hoosier state, says the New York Commercial Advertiser. To a reproter who saw him later he said that he had no doubt about the Republicans winning in Indiana. The third ticket would, he added help the Republicans, because thousands of sound money Democrats in the middle Western states would vote for Palmer who might otherwise vote for Bryan, in order to say they had voted the Democratic ticket. Mr. Studebaker paid his respects to free silver as follows: "The claim that the low prices are caused by the stoppage of the coinage of silver by our government in 1873 is false. The passage of that act had no more to do with the change of prices in America than the rnnn in the moon, excepting so far as the discussion of this subject for the last twenty years has tended to destroy confidence, and thus contract business. It must be borne in mind that no matter what our basis of money is, or its volume, we will have,- periodically, financial money panics and contraction of business. "As I understand it, the object of the stoppage of the coinage of silver dollars in '73 was to establish, beyond doubt, the fact that our bonds would continue to be paid in gold, as they always have been in the past. Although the term 'coin' had been used, never in the history of our government had it paid anything else for its bonds or interest. In fact, they could not have paid in silver if they had been disposed to, as there was no silver in the country to speak of.

Origin of the Silver Agitation.' "The report of the government mint tellB us that from 1792 to 1860 we produced $1,500,000 of silver in this country, and during the same time $629,000,000 of gold. But after we commenced producing silver so rapidly the question arose, should silver decline, whether the payment of the bonds in depreciated silver, inasmuch as the word 'coin' was used might not be made an issue. This thought prevailed not only in the East, but also in the, West. I recall a conversation I had in the '70's with John W. Young son of Brigham Young, who predicted that if we should continue to find silver in large quantities it would become as cheap as lead. This belief in the possible decline in the price of silver affected the credit of the government. "After that matter was settled by the passage, in 1873, of the act stopping the coinage of silver the credit of the government was again thoroughly established, and we were enabled afterward to refund government bonds at a much lower rate of interest than ever before. Tho result was a saving of millions of dollars to our people in interest. The cry of the silver men that a great crime had been committed by the stoppage of the coinage of silver is very unfair and unjust. Although the government stopped the coinage of silver at that time, the American people did not stop using silver. We are using today $626,000,000 of silver, more per capita than any other nation on earth except France, and yet the silver men are not happy. If we as a people after stopping the coinage of silver had also stopped using the coin, thereby forcing the silver men to throw their products on foreign markets, they might have had some grounds for complaint. It makes no difference to the farmer whether the wheat he sells is ground into flour or is swallowed whole, so long as it is consumed.

Facts For Silver Men.

"The great mistake our silver men make is their claim that silver has a fixed value. They claim that because it was once worth $1.29 per ounce it should be worth that price now and forever. The truth is we have no fixed condition of things. I maintain that the true cause of the change of prices in America and the world over has been science and improved machinery. Everything can be produced cheaper than ever before. When we first commenced to manufacture wagons steel was worth $120 per ton. Today it is worth $30 a ton. Iron cost $100 a ton then today the price is $25. The freight on the first carload of wagons we ever shipped to Chicago was $41 today it is $12. "Freight wagons, such as the mine owners bought from us in 1865 and 1866 to haul their machinery from St. Joe to Colorado, Utah, Montana and Idaho, and for which they paid us $200, we will sell today for $90. "The first car of farm wagons we ever shipped to Kansas City was in 1865. We received for each wagon $124, delivered on the levee. The freight was..$18 per wagon, netting us $106 at tho factory. Today we will sell the same wagon at $50. Will deliver it to Kansas City for $53. The reduction in freight from $18 to $3 per wagon is not so bad, considering the wicked railroads did it. "Our first agent in Galveston, Tex., was ex-Governor Lubbock, a grand old man. He paid us $110 for the same kind of wagons we sell now for $50. His freight per car was $400, the wharfage at New Orleans was $24 per car and the wharfage at Galveston $18 per car. The freight now is about $125 per car. The agent of Brenham, Tex., once paid me $4,400 in gold for wagons, and I had to carry it in my gripsack to Galveston to get New York exchange. Suppose he had paid me in silver. It would have weighed about 350 pounds and I would have had to ship it as freight. I don't believe Texas will vote for a silver standard. The people are called a little rough down here, but they have lots of good, sound business sense even the cowboys. "The silver men might say that the depression today in the liVery business is due to the 'crime of *73,' but the liverymen all know that there is another reason for this—bicycles."

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CAN SEE NO CONTEST.

New Yorkers Do Not Believe Bryan Has Any Cbance at All. A New York special in the Chicago Post says: The lower part of Manhattan island is betting that the Bryan movement will go into a state of utter collaps? in the very near future. The lower part of Manhattan island, be it understood, represents more wealth to the square irfPK*"than any other territory of like dimensions In the United States. It is here that 90 per cent of the great corporate interests of the United States center and here is located the financial heart, it might be said, of the nation. The clientage represented by the great Insurance companies, trust companies, banking institutions and railroad and industrial companies embraces probably 5,000,000 peo^pla directly^ -Tha jttsag'

tion of these vast Interests have been educated to believe that they led and represented the best intelligence on the mattei of conservative and patriotic government, and being a unit in this campaign on the side of sound money, they cannot oonceiv* that there is more than one Mde to the ls« sue or that any great number of men— enough, at least,'to approach a majority— could be so insane as to dwlm to embark the country upon'* sea of dangteotos financial experimentation at a time what th« people are struggling for their lives and when the crying need Is for stability as a first step toward a restoration of confidence. They cannot believe that,any of tha states of the great middle West, with their immense wealth and resources, are In any real danger of slipping into the 'free silvef column, and they look upon all statements tending that way as Indicative of fright and poor judgment.

Within the circle of their own immediate surrounding talk and sentiment Is all ona way. Their correspondence'and their various agencies of information strengthen their belief in their own opinions and reports of the existence of a great multitude entertaining opposite views are to them absurd and unreal. They have seen the utter failure of Mr. Bryan to make the least impression on the East and the indifference with which he is regarded in this section of the country, from which they* conclude that it must be the same everywhere and that the reports of the enormous crowds that have met him in his Western tours and the enthusiasm he has created must bo either greatly exaggerated or else purely imaginative. Call it misinformation, ig-' norance or conclusions arrived at from ex-! parte statements, or what you will, tho fact remains that In New York the view is very generally held that the free silver campaign is on its last legs and that when election day rolls around Palmer and Buckner will divide honors with Bryan and Sewall at the polls. Those who entertain this belief argue that the free silver candidate will be so hopelessly in the rear that true Democrats will, during the last days of the campaign, rally around the administration's standard and give their support to the administration ticket and platform as announced at Indianapolis. Out in Chicago, where the impression prevails that there is really a fight on, this description of the complacency of the New Yorkers may arouse a smile, but here the situation is precisely as I have represented.

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HOW HE SAVED HIMSELF.

-Check on a Bask Drawn By a Millionaire Not Honored. It isft't often that a reporter is on chummy terms with a real live millionaire, but ther are times when even that sort of luck happens, and on the occasion referred to this reporter was not only chummy with the millionaire, but he was drinking champagne with him.

It was, indeed, an auspicious moment,' 6ays the Washington Star. Need it be mentioned who was paying for the same?

As the conversation ran smoothly along, the reporter asked the millionaire if he had ever been held up or otherwise despoiled of his hard earned savings. "Do you know," said the rich man, seriously, "that there is a good deal of discomfort on that score in the possession oi great wealth? I presume lam worth a couple of millions, which, of course, in a general way is supposed to be twenty or more, and it is at that figure that I pose in the minds of those cranks who make men sign big checks at pistol points, or make them whack up the cash on pain of dynamiting. Five years ago, when I made a million on a lucky rise, it occurred to me that I might be made a victim, and as one precaution I instructed my bankers to pay no check of mine that called for more than $100 and to arrest the party presenting it. I did my business In three banks and carried blank checks on them all. Well, one day it came, and sitting in my pfivate office two men popped down on me, and before I could make any outcry or even get out of my chair they had me covered with their revolvers. My office force consited only of a typewriter and stenographer, and he was out for an hour, so the thieves had it all to themselves. Indeed, they had been I waiting for the chance, because my stenographer took an hour every day at the same time, and they had evidently acquainted themselves with the fact. In any event there I was and there they were, and with the door locked and two guns staring a me I had little chanco to do otherwise than as I was bidden. I tried to^ parley, but they would not permit any monkeying, so they informed me, neither would they give me ninety days, as it was a strictly cash transaction, and I'd better hurry.

They ran through my desk and safe and found no money and at once demanded a check, putting the amount of their own free will

at

$11,432.55, so that they would not

overdraw my account nor excite suspicion by making an amount in round numbers. I had $20,000 or more to my credit and told them so, but they were afraid I was putting up a Job on them and said that they weren't hogs, and would be satisfied with the amount they had selected. I drew up the check and signed it as they suggested, and one of them took it and said he would go to the bank and see about It while the other would remain and see to me. I hadn't quite expected this and didn't know what might happen, but I braced myself and waited.-. The man with the check locked the door and as the bank was only half a block away he said he wcull be back in ten minutes. It wasn't that long, but it seemed to me like a month, and when I heard that key rattling in1 the door I became so nervous I could hardly sit in my chair. When the door opened, however, I was easy in a minute, for instead of the thief were two bank detectives and before the gentleman waiting with me could offer an objection they had him collared." "But how did they get on?" inquired the I reporter, whose wits were slightly dulled by the novelty of his contents. "Easy," responded the millionaire. "The bank clerk knew something was crooked when he saw that big check, and without any disturbance at all he gave the tip to the men on watch, and they had the fellow at the window before he to-W he waa even suspected. The rest of tt was easy, for my office key, with its number, was in his pocket, and they had had experience* enough to know what the layout waa and how to finish the game to win."

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