Logansport Pharos-Tribune from Logansport, Indiana on September 24, 1896 · Page 4
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September 24, 1896

Logansport Pharos-Tribune from Logansport, Indiana · Page 4

Logansport, Indiana
Issue Date:
Thursday, September 24, 1896
Page 4
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rays at CORNER. On fnll and winter underwear, he lia now cornered tin- Impost lot oC umlo wear ever brought to Logiiusport hard time* prices for nish. Thes foods are direct from tho factories nu of the beat values lu nil linos for Indies, gents and children; K«> «"d Investigate . and It will not take you long to decide where to buy your underwear. *hall be kept at par with and redeemable In such coin. WE MUST INSIST UPON THIS POLICY AS ESPECIALLY NECESSARY FOR THE PROTECTION OF THE FARMERS \ND LABORING CLASSES, THE FIRST AND MOST DEFENSELESS VICTIMS OF UNSTABLE MONEY AND A FLUCTUATING CURRENCY.—Democratic platform, 1802. WARTIMES PER CAPITA. 1'opocrata give our per cuipira circu- il -1,-i.rlon during tho wa-r nc from $48 to fii-l. The Information circular nent out by the Secretary of the Treasury gives the per capita eirculatiou «is $13.85 lu 1SCO; In 1SC1, $13.98 ctrcula'tod; the DAU.V mil Company. a •OTRTI"'HT ........ President -IlVMY .'.'."...-'. Vic. President W GRAVES'. ................... Secretary ' .... Treasurer H1o» per Annum.... per Month THURSDAY, -SEPTEMBER 24, 1S9G REPUBLICAN TICKET. A. HOBAKT of New Jorsoy. For Governor, • -JAMES A MOUNT of Montgomery Co. For Lieutenant Governor. coun y of Marlon • For State Statistical!, Gibson Co. W E HENLEY, of Rush County. ' Third District O W COMSTOCK ot Wayne County. w Fourth District. JAMES B.B p LAC V3 fMar,on County.. O Z. "WILEY, of Bcnton County. Electors at Large. ..H. G. THAYER, CHAS F. JONES. For Congress, GEORGE W. STEELE, For Joint Representative. T. WILSON, of Cans County. resentatlve-CHARLES B LONGE. HALE. KEES- for r, Third Dlstrlct-ABRA- HAM SHIDELER. ' '' COMPARE THEM •The' Republican party is unreservedly for sound money. It caused the tnactment of the law providing for the rwumptlon of specie payments in 1879; •Ince then every dollar has been as good as gold. "We are unalterably opposed to every measure calculated to debase our currency or Impair the credit of onr country. We are therefore opposed to the free coinage of silver except by International agreement wltb tbe lead- Ing commercial nations of the world, which we pledge ourselves to promote, and until then such gold standard must be preserved. "All our silver and paper currency nrast be maintained at parity with gold,, and we favor all measures de- •Igned to maintain inviolably the obligations of the United States and all our money, whether coin or paper, at the present standard, the standard of the most enlightened -nations of the earth." — Republican platform. "We demand, the free and unlimited coinage of both gold and silver at the present legal ratio of 10 to 1, without waltlug for tbe aid or consent of any Other nation. We demand that the Standard silver dollar shall be a full legal tender, equally with gold, for all debts, public and private, and we favor such legislation as will prevent the demonetization of any kind of legal tender money by private contract,"— Democratic platform. "We demand free and unlimited coinage of silver and gold at the present legai : ratio of 1C to l."-Popullst platform, 1892. "We hold to the use of both gold and •liver ns the standard money of the country, and to the coinage of both gold and silver, without discriminating against -either metal or cnarge for mintage, but the dollar unit of coinage of both metals must be of e,qo«! Intrinsic and exchangeable value or bo ad: Jnsted -through international agreement or by such safeguards of legislation as shall insure the maintenance ' of tbe parity of the two metals and the equal power of every dollar at all times In the markets and In payment of debt, and we demand that all paper currency l^ next ymr It fell to $10.23; m 18(18 it raised to $17.84; tho following year It was $19.07, and In I860, it figured out flS.99. Popocrats have a trick of figuring in side issues of coupon bonds, aud will Include ainy old thing to swell the indefinite total as their purposes require. Then nothing but tlie distorted aggregate i-s used, aud many are deceived until tlie facts are looked up. Some disgruntled greenbacker published a book some years ago in which he iiuKle- the statement that he had gained access to the books of the United States and had found that bonds Issued during the war, enough of them to make a big Populist total, had boon purposely and' feloniously omitted from ,t.he calculations of itlie government officers In making up the per capita circulation. This wns done, though tho.bonds were a legal tender. Though the Popocrats a.re forced to aduitt tliait these- coupon bonds were lu the pockets of the despised bond- ilioldors; though they must recognize tliat the $30 bonds diid not circulate, and were not released because of steadily growing Interest, the flat shouite-rs will! continue and assert-that this ingeniously and faJs'ely constructed unreasonable-per capita circulation of more than $50 was the source of the wa-r prices that brought«. kind of prosperity to stay at home speculators. They claim a big per co-pita circulation brought prosperity during, the expensive war of the century. The per capita circulation at that time was less than it is today. They will not acknowledge tho fact, that the high prices of those times were, due to a debased paper currency. The volume of the currency had nothing to do with It. Moreover, tho men who insist that the government flat is Infinite arc nanny of them from among those who caused the paper Issue of the nation to fall to 35 cents on the dollar. Have these patriots reformed, that they urge the government to issue flat money 7 They swear on one street corner tliat they will accept it «t 100 cents on the dollar; that it will be worth that ranch, and on the next corner say that we want a 53 cent dollar for the easier payment of a-100 cent debt. -., HISMARK AND SILVER. The iPnaros says'Count Bisnmrk Is for silver. On the contrary, the letter Signed by the'German statesman, published In connection with 1 tlie statement declares for an international agreement by which bimetallism, not sllverism, may be brought about. It is certainly natural that Count Blsmark should favor action by the United States, rather than that Germany should make a rash step In finance. Statesman Blsmark says he cannot see, at that distance, why independent action by the United States should not conduce to the bringing about of bimetallism. He does not say a word favoring the monometallism, silver standard, cheaper dollar, higher prices, higher interest, scarce money, repudiation system that the Popocrats are /supporting. He is not a silver- man He is a statesman. With the Republl can party, be is for an International agreement. -He would never allow his own government to'take the first step alone. •• . IT IS NOT AT ALL PROBABLE THAT THE NEXT ROUSE WILL HAVE A MAJORITY FAVORABLE TO THE FREE COINAGE OF SIL VER AT A. RATIO OF 16 TO 1 WHEN IT BECOMES A DEMONSTRATED FACT THAT THERE IS NO DANGER OF THIS COUNTRY ADOPTING THE SILVER STANDARD IN CONDUCTING THE BUSf NESS OF THE COUNTRY, PROS FERITY WILL COME AGAIN AND. WITH LOWER TAXES ON THE NECESSARIES OF LIFE, EVERY KIND OF BUSINESS WILL BOOM AGAIN.—Pharos editorial, March '3, 1896. . A common Democratic appeal on the quiefc is. "vote for. Bryan and we will see that he doesn't carry out the.Chi cago platform.". No sensible man should be fooled by this. If Bryan were elected his very election would put the country on a free silver basis at once,. Bryan Is like the spraying fountains at,the Columbian .exposition. ; W nlle the lights are on tola .flow of words is pretty and attractive. The effect lasts only until the button is turned, and wmrartHi sense comes .Into play again. V . : ' : :-.;M. i |.'!T National DemocratsRatify in QrandSt^le . ; Over Five Hundred Came do* n From Peru. i Hon. Rufus Magee and Judge Robinson Speak for Sound none y. The demonstration of the iSouud Money Democrats.lust-.evening!was a surprise in every feature; .Next'to the rally of the Railroad -Men's ciivbllt was the political event of 'tlie'seasou.' 'And further it was ot deep..polWeal jsignlfl- At 7:30 o'clock, .when the Feijii; dt;lu-,.' Ration was expected,"rhe rfivk:wij.s ; com-,- I'ortmbly filled, a'lid •It.'wiW' seen .that t'hat hwge room .:was Inadequate.'..-The, IV.ru train .wns a few momente lats nnd it was almost S o'.clotK, when the parade came dowu Market^street from tlie Wabas-h station. .First ca.me th<; escort, Dr. Thomas, Miller .U.lil; T. W. Nichols, J. C. M-eGi-egor, ; 'follo,w)eid" .by rho Peru bund nnd tile Pern;-Sound Money cltt-b. three hundred,In number, Marc-lilng; wlrh these .m&n were ninny of'the Logan sport Dempcrals, H<on.;Ku- fim Min-gee, Dr.. M..,, A. .Toi-dnn, Ht WHii'te, E. ..F. Kearney,; Sam P. Anderson, Dr. Asa Cpteuan,. H. H. DeWo-lf, Carl Rcis aml.jfwbers-,; followed by 'the Lcgiuispori. .7ia.nd; Tlit-re; were from five to. six hundred jlu liue, aud the parade -as.it. .passed 1 down- Market In Third, north .to...Broadway and east to the rink..was-froqxiently elieered by the largo crowd that had assembled. • ,.,...- . | ••• • Attlio rink Hie ciwwj had-taken .possession and f-nlly as many left,'.unable to get in, as were packed within its confines. A crowd of not less tl^in four thousand had jisserable'd. \ •'••' • After tlie 'Pern band had finished a fine seledtton- on the Inside Dr. C. L. Thomas culled the mcotta-fr to-oriler anil ilnitToducc'd Judge Robinson of ^pencer.. .Tu'dge Robinson spoke enrnesitlr aud -was frequently applauded/' Hej said In ixrrt: • . ' • ' '•• '- j •• . : "Mr. .Chairman, ladies and : gentlemen: I feel rhia-t it,has not been my name or fame fchat has induced a single person to make one of tlie splendid assemblage here tonight. You have done yourselves and your , fellow townsman, honor by coming out to pay this tribute of 'respect to'.your fellow townsman, and.-I -will.naf.demln you long. I know thrtt there are before me DemOcnalts, Popocrats, Republicans anid ProliUWtionllstB, and I feej '-that !• would like to see you all united In support of the splendid ticket nominated by the Nalthmal - Democracy lit Indiana poBs," ] Referring to the, supreme question- :of taw; campaign, he said- that If lies with the man hlhnself to say.whether,he approves the senftlmenits .of-.-reinudiatlon and dllsBonor...\PliWhl the Chlte^gio plat : form declares for. He. said, tttat If he were to alCtack any .single -proposition stfbmittited by the Chicago pfcrtjform, he would attack the whole aggregation of monstrosities, -at-.Which there was applause. "Tho question ,x»mes to the' •workingman," he solid, ^ben; he goes home from the market plaKJO at -"night:.'Shall I surrender one-TiaM-ofitihe.con- tents of my basket, -ill-order jHmt :Mr,'Bryan's amWiton to;,be ^transferred from private to public life nffljj be.gjttt- Ifiea?' The question conies to .the bijsl- ness man, to the man who Ka^.accumn, ulalted a small savings agafnsit a rn-lny, day, 'Stall I surrenkler on^balfyOf my holdings'to DMs ambition?' |I beard, you, my Dereocrnitlc. friends—for,;. I. -miusit call you my Democratic fr,Iendf yet-I heard you vUKfy'Qeveton.d and rebuke Mm, who four.ywjfjatto,,you Melped to fasten to a platform,.which you h'niye repudiated this yea*. .Chat's the matter. wMi. ..Cleveland?- (Voice, •He's all right.') Yes, .he's, 4lV, i r}ghJt,, ftat's a fact. What's the matter with., him? Nothing, excep't'.tta'tne lias refused to go back on- the pledged he gave you and me four years ago." j (Contin-, ued applause.)- j At the .conclusion of. Judge! ..pi? b . ln --. .son's address, the Hon..Rufvjs.'.Magee, spoke as follows: , t : "Mr. Chairman, .ladles and; ..gentlemen : I am not so fool'I'sii -a m« n as ,to ac : cept tills hearty welcome as ajpersonal one to myself. I accept It in the.name, of the great -National Democratlc.,par- ty, and the ticket nominated; at Indi- .anapolls which we are here to .ratify. We are here without excuse'Or without apology, renewing .an obligation to the faith of our .fathers; And wten.,1- see • this magnificent demonstration,.,-!., am -tempted to say the.words.utt^red^.by^a famous man, 'God alone reign)? and the people.are aternal'. 'The ; PSP» 1 %?^;*?; .country who have ,^he right]to.roakfe ,tne .la-w, that have the ( Dow«(r.:t$.exe- cute the law, are alwajt*; r.l^ht.. And when a great extraordlnJfry|CElaJ8, in. political affairs arises, we,,can r.cly upon the good.connnon. sen8e ; -if" " ntrl - otlsm of the .-people,"and,^op meat .we can forget that,we.,ai...,, crats or that we are Republlcao^Y,, >, "I would Infinitely rather have stood •herc.'-fdiilgnt addressing an enthusiastic and united Democratic party than 'to^s'tand as I do, representing but one element of that party. " • "A most extraordinary condition of polltlca-l.affairs exists in this country. Four national parties have held their conventions, each one of these parties has, adjourned with a divided household against itself. Every individual voter has the right to exercise the privilege under the constitution of this country us his Judgment, or his conscience dictates. That Is all that we intend to do. .''".We cannot be driven- from our homes. We may have the doors closed to us now, but four years from now they will be thrown wide open, and they will Invite us to the highest seat at the tnWe. (Applause) They say that a man who does not accept the decree of his party is a. bolter. Aud I have had it said to me time and time .'again that I had.advised every Demo- cralt to stand by his ticket. So^ I htvve; but this contest is not a personal one against the fusion candi-' date, but it Is because there was such ,-v radlc.nl change, such a radical departure from, the time-honored principles of the Democratic party that we could not neccpt them. ,'. "You have heard discussed the question of money. They sny t'hat that is the vital question iu this campaign. .My friend, it. has been a. vlta-1 question with me all my life, this question of inouoy, aud I now say that most, every niitn who is at the head of a family, frequently resolves himself into a committee of ouc whereby he can ascertain how lie can provide for his family. "The question this year is presented in a different manner than it has ever been presented to us before. Each convention wjll lay down a set of resolutions called a pla.tfornr, differing from that which has ever been adopted by any pol'iifit.i.l party in tliis .country, *bo convention at Chicago was dominated by a new element. No man in this community who is concerned in tho welfare of the people but will admit that it has caused unrest among the people. What has produced this? It -has been the tinkering with the finances. .It is much as it was in the .oN Greenback days, to stand upon th-ls platform and tell t'he people oliat •all .that is necessary -for the government to do it to turn the printing press. Now my friends, if we are to learn anything by experience o£ other governments, we can learn it this year. There Is a lesson w«h every thought that every considerate man who is interested in his home, In bis country, or in his family, ought to take to heart. "We have in this country seven different kinds of currency. We have what is known as a double standard m theory! but in practice we have,but one. In 1868 there was introduced iu the Cougress of the United States a bill,by Mr. Sherman that demonetized the silver dollar. That bill went to tbe committee, was reported back in March of that year, and it was discussed In the Senate of the - United States. In '73 a bill was introduced again which changed the character of our.colnage.. That bill ,1s known as the •crime' of '73,' and it has taken these gentlemen who denounce the act of 'Congress upon that occasion twenty- three years to find It out. The silver dollar at that time was worth one hundred nnd three cents measured by the •standard of gold, which has been for years the only system- whereby money bias been measured. "At that time they had a greenback .currency and that greenback currency was sixteen cents -below par; in other words, It-took a dollar and sixteen cents of the greenback to.purchase a gold or silver'dollar. There was neither 'gold.'or silver money in existence during the war; there was used by. the government a numerous quantity of bonds. These bonds would mature and they would be paid, according to the tenor of them, in coin at the existing standard. What was the standard? 'The standard was the gold dollar standard ot value'for the United States of Araer- 'ica. This act (the act of '73) was 'passed without any intention or purpose .to injure the debtor class or benefit the creditor ,class. It was passed before there was a silver dollar iu existence. Now; today they tell us that the ills the. people are suffering arise from the monetary conditions of the country. When we meet them on, this proposition, that a silver dollar as bullion is worth fifty-three 'cents, and that it Is the credit of the government tliat gives to it its power to'circulate as one!hundred .cents, they say that the government can make that money wprtlra gold dollar by--placing its stamp upon. it. If that Is true, we can have'the dollar made of paper by sim- ply'iputtlng the'stamp upon lt : '. ,. ' "In 1875, after the demonetization of : siiver, It was decreed by the Congress of the United States that we should re- sume'specie payments, and on the first .da-tof January, 1879, this'government dld : resume specie payments. There ^as a period from 'T&W '79 : that we iiad to! cover the'difference, existing be-' iween'ihe paper currency and the gold coin. If there Is any man in this room 'that wa^ engaged in business at that v time, ie will remember what a great •depression there was ln,oM the values Highest of all in Leavening Strength.—Latest U.S. Gov't Report. Powder ABSOLUTELY PURE iu the United States. Bankruptcy was a common thing;.every man felt that he could not maintain his credit under that condition of things. We passed through that period safely. "Now we.are told by the gentlemen who are the advocates of this new rule In finance that we are under the domination of the EnglisJi government; that the English government not only makes our money, but tliat the English government luis Influence in the House of Congress in this country. So far as I am concerned as nn individual, I have no fear of the English government. I am no more afraid of this question of being dominated by the English influence in the financial concerns of this country than I was four years ago, when we made the splendid record for tariff reform. The world has adopted n. monetary system. They say that we can maintain ourselves upon an Individual system, a system entirely under the control of the American people. * * ».England today is.tho most prosperous country iu the world ;ind the reason she.is the most prosperous country is because she has but one unit of value. England was farsighted enough over one hundred years a.go to establish a monetary system which has never foiled. Mr. Bryan tells tlie people that if we have free silver, that, the products of the country will 'increase and the farmer's products will increase, and that there will' be a general revival of business. Mr. Bryan nor no other man b'as over tx>en able to tell the people how ho is going to accomplish that cud when there is a diff< erence between coinage value of the silver dollar and its fiat value of forty- seven cents. Aud it is upon this cross of silver that Mr. Bryan expects to crucify the American people. There is an absolute law, a natural la.w tliat cannot be. evaded, cannot be repealed by any congress or legislature on earth and that .Is the Ittw that the inferior article will drive out the superior article. When .you make the coinage of silver free In this country, the gold that Is being used in the redemption of the debts of the country will leave it, as it left the country jn 1837, 1853, and at the breaking out of the war in 1861. There was but twenty-fire million Of gold in the treasury of the United States from 1861 to 1872. We did business entirely upon the fictitious value. It was their fafith in the integrity and a'bility of tbe government that enabled the people of this country to conduct business. Mr. Bryan snys tttat if we have free coinage of silver, that silver may go up to a dollar nnd twenty-nine •cents In bullion value per ounce. The very law of measurement, the very law of prices fixed for the farmer's wh'eat is fixed for the bullion. Supply nnd demand! fixes these prices. Now; my friends, I did not in tend to discuss itihiie money question. I only intended to speak a few moments, tihanking you for coming here In the interest of this cause, and especially thanking our friends from IPeru. It shows that t»e Democratic party Is sttll in existence." For .thirty years I have followed Its flag; for thir ty years I have answered its roll call, and I--have never hesitated to.perform any dirty tihat I could, I love Its mem ory. In Ms closing remarks Mr. Magee said tihat, though he did not believi In a,tariff levied for protection, and was unalterably opposed to such legis -latlon, yet he hoped that Sir. McKinley would triumph over Mr. Bryan in the ejections for,' as between Sound Money and Protection on the one bond, and Free Sdlver and Free Trade on the oMier, he Infinitely. preferred the for mer. A POPULIST BLUNDER. The Fonocrat press Iwis been trying •to make capital for their cause by attempting to prove tha-t Hon. Henry Watterson was the author of an editorial which appeared in the Louisville Courier-Journal, August 10, 1SSO. ;ln which tho free coinage proposition was Indorsed unequivocally. The Bryan campaign, managers have also had the editorial printed In pamphlet form for general distribution, nnd it Is kept staging in some of the Democratic newspapers. The indictment of Colonel Watterson for Inconsistency was so Insistent that great curiosJiy was aroused on account of tlie silence of the Courier-Journal on the subject. By many 'its course was regarded as cowardice, but. having 'been pressed for on explanations R presents a-very remarkable one. 'The Courier reprints Itiherewlth verbiituiri: 'The Courier•Journal, on* of consideration for the "memory of the estimable genflemtn who wrote'those silver edltoriate; h»s heretofore remained silent on the subject, although Jt has received hundreds of inqu.ii-es regarding that one published August 10, 1SOC, But, sduce the -llverMes have come to attach so much importance to the'article.as to make it; their principal campaign document, i't seems proper that we should lot them know that It was not written by Mr. Wsittwsou (he being abroad at the time and one of his European letters appearing on fche same page on which the editorial w«s published), but lha.t its author was Colonel W. H. Chilton, who very soon after -he wrote the now noted editorial d'ied in an asylum for the in- sa,ne." The Courier-Journal further explains thsit Colonel Chilian had for many years occupied Hie responsible position of commercial editor of the paper and thai his work was always so scrupulously exact that he was given latitude not accorded to any other member of -Uie stoffl. In the absence of Colonel Watt.er.sou the free silver editorial iin question was written and printed by Chilton. and thereby hangs the t«ile rhe Courier-Journal now re- luncitanrly unfolds. Ir mis found that the I'aslthful employe had become demented, -and he WM.S sent by his friends to an imsine asylum, where he died. In tihe light of these developments the Popocratic press and leaders will probably .iitnach less Importance 10 tse campaign document they have been so industriously circulating under the Impression that Jt was a first-class argument iu fa.vor of free silver written by the redoubtable Colonel Watterson. when illi fact it was made up entirely of the fantastic vagaries of an insane per.*on. "' ' •'"•_': MONEY IN SIGHT. ' j Cra-wfordsville Argus-News: Just J now the Stillwel fcunili/es are waiting nnxaously for a decision of the Supreme court which may mean many daddy dollars to itihem. It seems away bacli in the misty past, Nicholas Still-. we3 landed iu New York and got possession of a. tract of laud in the water edge somewhere about New York. NichoSns kept the title, renewed from time to rime so that heirshlp now Is an . ea.sy mailer to prove an<I a New York judge has just held that squatter, sov— ereignity don't count and that those « thritty individuals who settled down, upon it and. lifted at out of the water by fllling.it up will have to let go of It after all.' The Improvements may go with it and when It falte Into the bands of the heirs and Is distributed you may- go down there and find Too*nnd Steve Stillwel of tWe city running flour mills, ? or grain elevators, or pork establish- : meats unless they may conclude to take theirs in cold casn and put it In circulation, here.- Their prospects of becoming bond holders are very bright just now. STRANGE DISAPPEARANCE. Great excitement prevails at Otis.-, over the mysterious, disappearance of Mrs. John SparltoR, the wife of a farmer living near there, who has been missing since September 1. The report reached Otis from CMcago that a Mrs, Sparling was shot and killed in a'.'- bouse of ill repute, her body being' found buried under- a sidewalk. The Mentity of -the dead -woman has not been fully established and the fate of Mrs.-Sparl'ing still remains shrouded to mystery. Mr. Sparling can offer no ; reason for his wife's continued ab^; sence. Their domestic relations were .uairu»nlioii8 and the theory has been advanced tiro* « Mrs. Sparling was;; killed she was lured to Her death.: ; The authorittes wilH make Immediate.!; Investigation. Sporting is nearly fran- tic witih grief and anxiety. j The Journal -has added over one nun-;, dred names to its subscription list to^i the last thirty days which snows mat its efforts for the public good are appreciated. It is the .best advertising,, medium in the city. , -..'..-', Awarded Highest Honors—World's Fair. DO; - MOST PERFECT MADE. wOape Creim of Tartar' Atnmoni., Alum or .ny o ' 40YY*«* the Standard.

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