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Elyria Daily Telephone from Elyria, Ohio • Page 1

Location:
Elyria, Ohio
Issue Date:
Page:
1
Extracted Article Text (OCR)

TH NO 189. ELYRIA, OHIO, MONDAY EVENING, NOVEMBER, ,29 1886. BALDWIN, LERSCH CO, Are preparing every Department for Goods Arriving Daily on Special Import Orders, and fronj Domestic tyaqufaeturers. Velvets, Dress Goods, Cloaks, Woolens, Etc. PAIGES.

LERSCH Must have more roomfor Y. at Johnson's. prices on all goods WILL BE CLOSED DEC, ISt. BROWN'S "RESTAURANT, o. I This Restaura-.

now doing a good, fair business, is offered for sale on easy terms. A rare chance to go into business. Inquire above. i 9 vj 10 Cents a Week. While you are making up your mind what to get for a Remember a a nice COUCH or LOUNGE is always solid comforl; then go to ifsis-, 1 trade has thus far doubled that of any previous year.

In appreciation of this fact, and for the confidence and liberal patronage always bestowed upon me, I have decided to offer GREATER INDUCEMENTS ffyW vCfes ''3XS The large sales in my Cloak Department has enabled me to avail myself of JOB of some 500 in all tne styles, whish we offer you at prieesthat All we ask is an Inspection of these Garments and weknowtheywill pleaseyou). Elyria. Ohio. i 'Til VF1-SA VTNT-r STATIONS jion may be proper to remove this element 1 to invest in! tnesB Uohds many" mare of 'Mean I VJ A A. AViT 1 ISMIT VXMJWIB Unfailing Specific for Liver Disease.

fiVMDTniUQi Bitter or bad taslc in OllfiriUlflOi mouth; tongue coated whiteorcovoredwittiabroTvnfur; puln in the buck, sides, or joints-- often mistaken for Rheumatism sour stomach; of appetite; sometimes nausea and wuter- brash, or indigestion flatulency and nc.iit eructations bowels 1 alternately costive and lax; headache; loss of memory, i a painful sensation of having failed to do something which ought to have been done debility; low spirits; a thick, yellow up- penrunce of the skin and eyes; a dry cough; fever; restlessness; the urine is scanty and high arid, if allowed to stand, deposits a sediment. SIMMONS LIVER REGULATOR (PURELY yiElS-Ef i0LE I Is generally in South; to ar6use. tho Torpid Liver to a healthy action. It with extraordinary efficacy on thi IVER, KIDNEYS, AND BOWELS. Superintendent KimbaU's Bepon on the Ijife Saving Stations.

Thcri! Property In Jeopardy and Sav-l--Ont of I'ITKOIIM Slilpwrerked HOH i I A I Nov. Superintendent Kitnbull. in his uuiuiiil report, presents a very interest in.L ai'count of the operations of ttic Iinivtiii during the last flscu! yeur. At the close nl' the lifu-sav- mg establishment nuibnu'ed 211 stations-KIT) being on the Atlantic, thirty-eight on the hikes, seven on the and one at the Falls of riu' Ohio. Louisville.

Ky. The r.umbnr of disasters within the field of station operations during tho was Thuvi 1 were on board these vessels 2.72(1 persons, of whom were saved twenty-seven The number of persons who received succor atthe stutious was 8(17. to whom 2.000 days' relief in the aggregate was afforded. The estimated value of vhe vessels involved in. the disasters wan and that of their cargoes JS.07H.S05.

nuikiug tbe total value, of future uncortaintyfrom the National banking system atod looking to the possible consideration of this subject by Congress, respectfully submit the following statement sf the question as it appears from the point. sf view officially occupied by the Compt (roller of the Currency: The fundamental postulates underlying 3very bankiniar system established by law, ivhatever may be its form, must necessarily De. 1. That banks promote the general welfare of the community, and "secondly that particular system, established by law is best obtainable under the conditions prevailing at. the time and place.

-These therefore, underlie our National' bunking laws. The Jirst postulate will not, 'DO questioned- since no people in modern times have ever risen to civilization or maintained their civ- ilimtion without banks; and leastof all can it be questioned in this country where, besides 3,858 National banks now in operation. We have over 5,000 State, banks, savings banks and private banks and bankers, whose operations extend into the ininutenttrsunifi- rations of the employments mid resources nf our sixty million of population. The second postulate involves the question, vcheth or the present National bunk system should be preserved, and if so. whether it is good enough as it is or Whether itc an be improved.

Tho ational Currency act -the would have gene. abroad at low and the country as whole would now be so much the worse off. 3. That the want of flexibility in the currency and of plasticity of volume are in. coa- SAouenoes from tfce scarcity of bonds and the high prices to which they aave risen, arid i tbat this could not have been foreseen nor provided against in the orig- inal aets, but may.

now; be remedied by proper legislation. These objections and to them- are stated without comment. They seem. Worthy of consideration. Some suggestions have been made to me as to new legislation on this subject which together with such' conpluaione ae.I have been.

aWe, to reach are' subject to whatever disposition Congress may be ptaMed to order; AUUaiia, Bowel Complaints, Dyspepsia, Sick Conntipation, Biliousness, Kidney Affections, Jaundice, Mental Depression, Colic. Endorsed by tbe use of Millions of Battles, as THE BEST FAMILY MEDICINE fsr Children, for Adiiltg, and for the'AjjciI. ONLY I bus -ur Stamp in red pa front of Wrapper. erty imperilled Of-this February, 186H, was J. H.

Zeilin Philadelphia, 81. IX SOLS. TKOPKISTORS Lynched. Nov. report has here of the lynching of three in- cendiaries'in Franklin County, for burning 3arri8on Colcate's cotton gin house.

There a lot of cotton in the gin-honse and the negroes hart stolen several bales of itvand fired the building to conceal the theft. They were arrested and while being taken to jail lynched. Itlind Tom Pronounced nn Idiot. YORK, Nov. sheriff's jnry las' pronounced Blind Tom an idiot, and ncapable of managing himself or his affairs.

The proceedings are in connection with those brought in Virginia by Tom's mother, George Bethunr, to racover the money he has made by exhibiting Tom. A Terrible Mistake. IPSWICH, Kussians, near Boscoe, Thursday evening, going home found a bottle by the roadside, which they supposed contained alcohol. It proved to contain aconite. Each man drank of it and all three were taken violently ill in a short time, and-have'died since.

New Jersey legislature Democratic. TBEKTON, N. Nov. recount in the Third Assembly district ol! Camden County gives Fihley, sixteen ma- joritf, unseating Howies, can, who on the first count claimed Ity. This makes the LegislaturOjljirely Democratic on joint ballot inducing the banks and other, capitalists'to become purchasers boiids under'conditioiis.

that sqjid. value to the currency then being paid immense volume under the pressure of. military exigencies; 1 the consolidation of these banks into a ISational' banking system adapted to commercial industrial ne'eds: appears only, as subordinate incident fin the-'gen erne, as the rescued wlio year 1864, it.iyai'perceH'eVl'thafe the general welfare of the by giving greater niethod to the system, regarded more its banking than in its currency features, and from that time to this the eflort.of leg-, islatiou has been to subordinate the issuing of currency to the more important functions performed by the banks as institutions discount and deposit. The effect of.this leg islatiou and its wisdom are exemplified in lost, number: of vessels totally lest waa eighty-eight. In addition to the forgoing there were during the yeur 145 casualties to smaller craft, siueh us sailboats, rowboats.

on which there were 848 persons, 3445 oi whom were saved aud two lost. Tbe property involved in these instances is estimated at was saved and In addition tn persons saved from vessels there were thirty-six others had fallen from wharves, piers. and wlio would have perished without the help of the life-saving crews. The extent of the assistance rendered in saving vessels and cargoes was greater than in any previous year, 402 vessels having been worked oft when stranded, repaired when damaged, piloted out of dangerous places and similarly assisted by the station crews. There were besides 224 instances where, vessels running into danger or stranded was warned off by the signals of the patrol, most" of them thus being probably saveded from partial or total destruction.

Tho number, violence and dnstructiveness of tho storm which occurred during the year exceeded the record of any previous year since the general extension of tho service to tho sea and lake coasts. In one storm there were no less than i thirty shipwrecks -within the scope of the eges as to the issue ot currency, and it nas been questioned: whether pbyer charter Died Under a CBICASO, Nov. Fitch, about, forty-years old, better knojvn in the sporting and VanderviBe -world as "Texas' Charlie," died frora the effects of a surgical operation, at the Oimty Hospital at a. late hour Saturday Rtch arrived in the city from come through with a train load of cattle; Ho immediately sought out John D. proprietor of the Park theater, and that, he was in trouble! looked ill and ids' 'head 'was Be further explained that hethad been in a row at AA-, tvliile en.

route A surgeon waa called, and. it was ahitteredby apiatoll another traHet had. entered his brswfeancl lodged somewhere in his body The man was uunediately sent to the County Hospital There an operation on the hi thte was.tound necessary, as he was in great danger of death from strangulation to his throat being so greatly swollen It was attended to Fiteh was unable to survive it A JUfcUe Girl Ueatli. Ind IJov 29 --Jfary Wilson, fanrtoap old, employed at the home of Mr John jHaoberry, a farmer Uving two miles south of this city, was fatally burned Saturday, Tfce'girl was standing before the grate, when her clothing caughtfire, and in an instant her clothes were amass.pf flames In her efforts to save herself she set the bed on fire and also a cradle in wMcV 9 baby was sleeping At this her fMm fw her safety were overcome by her anxiety for the infant, and with the flames in the the present high credit and the consequent bed, saving the litfte 6ne thw time, wide commercial usefulness of National how banks. If the system could be preserved purely as one of deposit arid discount there would probably arise, an almosjt universal sentiment in favor of bestowing upon its preservation immediate and careful pDlicemiin NEWARK, Nov.

Thomas Roach was shot probably fatally injured by William Gorman, ex-policeman, Saturday mnvning. Gorman was drjmk, and Officers Knach-nin'l Brooks attempted to arrest hUn. when he pulled his revolver and Roach i.i tluvright breast. udcrl. ifLOO.MlXGTON.

i NOV. i was operating a hay press at Anchor, County, Friday, a mass of iron weighing 3,000 pounds, fell upon him, beheading him and otherwise mangling his congressman. 111., Nov. Baker struck a reporter nained Beach with i cane last Friday, after abusing him for which. Baker supposed the newspaper man had written during the late campaign.

Beach took Baker's cane away and sent for a policeman, whereupon the statesman cooled down. The affair caused great Another Shock at Columbia. COUTMBIA, S. Nov. 3:15 Sunday afternoon a slight shock of earthquake was felt throughout Columbia, shaking loose windows, etc.

The tremor lastet" about six seconds, and was accompanied slight detonations. Furniture Store: has just received a nice assortment. (the Oth of Jsintmry, 188(5.) there w.ere twenty-throe. The service, however, did not fail to match its previous record of effectiveness, in saving life and property. The number of casualties was greater by 288 than that of any former year, yet the loss of life is fifteen less than the average, and although the vessels and cargoes totally lost were twenty more than in any former year, the amount of property lost was only about $65.000 greater than the average of the preceding years, while the amount saved is increased by nearly 58,000,000.

I The following tables gives a summary of I the statistics of the service from the intro-' duction of the present in 1871 to the close of the fiscal year. The loss of life as stated below includes 183 lost at the wrecks of the Huron and Metropolis which was really not chargeable to the service: Number of disasters. value of property involved, value of property saved, value of property number of persons involved, 38.803; number of persons saved, 28,817: number of persons lost. 486: number of persons succored at stations, Since the last report live new stations have been established and put in operation, One at Morris Island, B. one at Jupiter Inlet and one at Santa Rosa, one ut Holland.

and one at Sturgeon Bay Canal. W-is. Mr. Trehholm, Comptroller of the Currency, while discuseing the question of National bank circulation says: "Banks, now holding three per cent, bonds and newly organized National banking associations are forced into the market as of four per cent, or the four and one-half per cent, bonds, and is in constant demand in connection with the prospective scarcity sustains, and tends still further to elevate the premium on these bonds. As the tiino approaches for the payment of the four-and-a-half per cent, bonds, it is reasonable to expect a still greater demand from the four per cents, and it is a question nf serious oi.rnportance whether the banks pan afford to hold or buy four per cent.

oonds after 1891. In the present age all business men try to anticipate future Pations and. to provide well in advance iigainst ioVseen contingencies; hence it is to l)e expected, that the banks will not wait un- till the approach of 191 to shape their icy with reference to the continued holding high-priced bonds. For this reason it is lot too early now to consider what leeisla- under the constitution for the charter of National banks except as instrumentalities for a money circulation. It follows, therefore, that any legislation directed to the improvement and permanent establishment of the National banking system must include som provision for the maintenance of a National, bank circulation, while onthe other hand it appears that whatever opposition exists, to; the National banks attaches to them mainly as banks of issue andunder our system.ol.government nothing can be regarded, permanently es- tablisjied until it has obtaine4 'the support of a well settled public opinion; hence it is evident 1 that the prbblem'nbw to lie solved is hc-oc to remodel the currency of the Pwional bank system so to, obtain popular approval of them.

A general objection to paper monoy in any form. 2. An objection to National bank notes, based upon, the assumption that they take the place of an equal amount of paper money'that might be issued directly upon the credit of The objection, that a currency deer- mined in volume by definite percentage upon deposited securities of high value, can never posses the flexibility and elasticity of volume which are.the chief commercial advantages of a bank currency in. any form! Against these objections it is answered: 1. That the question as to having money at all is not at present, a practical one.

because it is evident that our neople will have paper money-in-one fonn aa other, and tbat of all forms of money of which, we have had any ejifjerietiee, thJe present National bank currericy'-is' tihe 'feast objectionable, even to those who think that all such nvaney should be 2. That while a "bank currency based on awvernment bonds and redeemable in greenbacks; may be considered: as a ernment money on which.the ting the profit. yet.wMiQut this privilege or soino other equivalent to it, the Natienal bank system could never have heen" established, nor can-it now be-maintained, and this" is the cheapest price at which the people or the government have got any. banking system so good in aU'respects and so valuable- as this has-proved-to be Another argument is that government must pay interest upon its bonds whether these are held by the-profit to the banks on bonds' has been obtained without charge on treasury, wKile on the othcnhand, if Hie banks had not. been offered sufflrJoijt however, her clothing was body the verv flesh roasted.

Sh wrapped sheet about her body and waited some, aistance for help, all the' members of the familv being away from home The neighbors provided everything, that, would; comfort of the who died: from the result of her injuries at' nine' o'clock that night. The Billiard Match. Nov. first game of carom billiard match for 12,000 a side, between George F. Slosson, of Chicago, and Jacob Schaefer, of New Yorki iSrais' played at Masonic Hall Saturday night.

audience was strictly a representative many ladies attending Henry Hmes, of Chicago, was chosen referee At 8 15 Schaefer began plajmg, and throughout game played steadilv, now and then makmg.t some wonderful plavs Slosson played the steadier game with a close ap- proaot to building at times, winning- easily, running: out in the I23d inning The score jstisbd: 500; average, 48 V23; high- 'est run, 26. Schaefer, 467; 39 6-123 highest run 26 Time of game, three hours and forty-five minutes: No Truth In Keport. Nov. special to Kueni-ng. Post from' Williamsturg, says: 'Iberoisno truth in the reported murder 2 i the Poe family Knox Lone-spondent has made an aud he finds no anests harebeBtt madfl.

storv sent out sensational lud untrue Collf FrofcMor Hurt. Nov --Whil rabbits in tw, vicinity of Frederickat Thanksgiving dav Prof John A tke tlmvcrs of "WoosterJ by- some careless hunters One 'of the took effect- under the left eye and tVin V-f ISov 39--lie Cpuuty jail, miles from bnrned.SMrtord»y mornings The nineteen in number, willta transferred to the Memphis jairand cmrW or i i i 5Tov Co mrauftictut- their molders, in down in i 1.

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About Elyria Daily Telephone Archive

Pages Available:
337
Years Available:
1886-1887