Logansport Pharos-Tribune from Logansport, Indiana on August 18, 1896 · Page 7
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August 18, 1896

Logansport Pharos-Tribune from Logansport, Indiana · Page 7

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Logansport, Indiana
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Tuesday, August 18, 1896
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•>L •' H, ^delivered INS in than 30 miri- with , w .-J i $J\ any J>aln ifefe.'Cnsmr.pnly ^littles of " ' except Sunday. w ••-.-:'< •• - • Leave Arrive, .anfl Col..; ,*12:50 a m • 2:45 a m •U*r.<aV.N. Y..*U:GO am • 2:48 a m d *• .Clntl....». i :oo a m • 2:20 a m "''-*'— •-•"'-i..nt;1S am • 2:30 a m ,.M:OBam *12:30am a ChI..*;t:Kam *12:40am . _ • ClnU..t 6:45 a m tll:» P m , Jlnt * Chl.'.t «:00 a m. t 7:90 p m k)V* IBwr........!^^ a m 1IKKj P " l./*J,Col.'...':.t|T:58 a to t 4:15 p.xn ,.JO*i: frel»ht,.| 8:30 a m t 2:15 p m i *,Lonl»rtl]«..» a:00p ra • 1:30 p m --*'mna Clny..» J:10pm .. ------- rt'V«lrt-"'Oc>l..;.« : 2:05 p m • 1:10 p ni 'N«w York;'.'.'.* 2:''6 |) m • 1:10 p m ' 1:20 pm .'.. ' *^15ene.,.t Z:20 p m t 7:45 a m .'.',;...,..;...-...« 1:38 p m • 1:5! p m fc-.'lnt»medlat».i<'4:»pm '15:30 pm a- * "iuoh;...'..t »;80 p m t.u:oo am Col......,! 4:30 p m t!3;20 p m i« GOLD OR SILVER? Tables That Sho^r Plainly Which Metal Constitutes the "Money of Civilization" Throughowt the.World.. '. The g-abjoined tubles give the stnndardsof value in.(ihe'oureency'ofjtheletd- 1»K nations of the world: • ' ,.- .... • . ' OOtD. • • United Klngdoim Neth«rl»nd«. Fr*DOe. 1 . -OcrniKny. 1 '';-^ ' Bdlgiura^ • Italy. • SirttzrrllMidi fr.» •..../!•..> Sweden. Denmark. Turkey. Aurtralla. ,'Mtoniuiuila. gll.VKB. Bulgaria. United Stat India. China. Ct-ntral 'Amerloan State* .South Amcr.oaa -State*. ... , , , . . _, . :; •• There are eight nations, using silver and ]2'4''using gold. ..Can, the United States sustain her position and credit ara greatimtioW'by' adopting a 'financial . ; policy which would place her at a constant disadvantage'withi'28 of the most "•powerful and influential nations on the [globe? Do;her'-people: doilre' that^she' ihnll drop to the level of'Mexico and the Central American •taterf Andafcuin, •If iilver i« the "money of'civilization," M the free coinage oraton delight to tell,. V us, why"i» it that 24 of 'the most enlightened arid.prpgreBgive nations use gold? Which of these two grt'ups represents thehigh'eroivilizatibni thebe^^r.bniiiniBgii • or the better labor conditions? No man of intelligence neieds tci have |these'ques- tion* answered for him. ''•'.'.'. , " ' .. >n «dallr'oldno41'.., 8:13pm f « ?tm 'old no <6'...10.19 a m ._JT BOUND. J lisa d dallj 'old no 42.. 2:41 n m ljr.L *<rd no 46 »:•» a m 'Ijcxaun'oM no 44.. 4:52 p m , dalljeiBun 12 60 p m ..i mviBION. 1 BOUND. :,....™.10:30 am 236p,m ND.'-'•'• ' - : VANDAL1A LIN*. ^i^rf IAVB. LOGANSPOBT, IND. ).B THE NORTH. p"h;'dall>'«jc Sunday....11:31 a in 'M- 8ui,day.,,. 6=1 a m ..,„...«, only'..'.'... , ; 7:00 a m Boutu Bend 8 35 p m patter eir, indlanapoiiB to ix. • i.fiMpcri, 8t Louis to Mackl THB JCUTH mtedalU«SuD 718 a m • -•- eun 2«p-m _ IHO a m iptrjor car, SontH Bend to r BlMper, Mackinaw to St • ' '' Arrlvrt A AVOHD TO 'THE The total number of names borne on the pension lists is about 050,000, and the pension appropriation still amount* to nearly $140,000,000; but the sum wiU be heavily reduced as death shall thin the ranks of the veterans. "While nearly, two-thirds of the pensioners .ore women ana children, who can exercise no direct influence upon the ballot, they have all a_,, interest that the pension fund shall not be shriveled up by a debased and depreciated currency. Every pensioner who shall vote for the free silver presidential candidate will vote not only against himself, but to defraud the widows and children of his .deceased comrades. No intelligent veteran has need of any .more experience concerning the effect of depreciated legal tender cur- m Arency. • When gold rose to a premium ' during the' war, and the greenback fell .to less than 50 cents on the dollar, tho soldier's pay of $18 a month lost more than, half its purchasing power. The soldiers and their families were compelled to pay more than twice as much for all they consumed as they paid when the greenback-was at par with gold.- Bills have frequently been .introduced in congress to •compensate .the veterans for their heavy-losses in a depreciated currency; but there would be no such' bills, and -.'no- justification for them, if -their pensions -Bhould-'Shrink• -to -half their present worth .under, the inevitable .operation of free silver, coinage. The veterans who' shall vote . for .this policy of repudiation .will w;alk into the trap with, their eyes open v v. '.. , There'will-heino excuse for the pensioner to be deceived' by the pretense that the free coinage of this cheap silver dollar meariB;Bimetallism, or fjhe^mam- Altgeld ana Tillinau,..the new -race qi itatqsmou mid financiers, intend to show the;couutry a way of pay.iug old as well as new'debts, public aud, private, with cheap silver'dollars, -But there.-is reason to predict with confidence that before the.November days the folly, the fanaticism, and-the danger,o'f the.sil'verite plans will have been so thoroughly ox- posed to the.manufacturers..merchants, workiupmeu and farmers of the land as .o make their execution utterly impossible. . • NERVESi KIDNEYS.! ,..cured rne^of a bod! case of La Grippe and Lung Trou-. tie: v 'EDWABD L. PKBDINE, J , E. ^Jackson. St., Muncie,' IndUna. : .''«,Jb.-B.B Bare purely vegetable.. iituH inJQapBules, sixty In a, box. J!Wiriy-jfl»yB' treatinent ' '' .by H. C..BRA<ia, . fToa(inffrloeom«lieraw«wllloo» tDparmiroadfann4hpMI>)llli,ui4 r: . . Mil th« Catvh inkrob* and you cur* - s«it r ^i!&!ifl*n&>i — ?. ^ M« difficult to- taach 'and |F*U11; but Brazilian Balm will irly destroy them if nted 1 - -VaJ dlrecWdXI* n, or ; -ot*ily Curt permanent , tenance of this currency, at, par with'. gi>ld.' Such » thing is'not in the"power'.' of'the.government; arid the pretense of it is made only' for.; the "credulous, who have had,none of the -costly'experience'; which the'vetbrans'obtaintid when their' monthly ' pay in 'war' time' fell to less than-60 cents on'the dollar. ; : ' Should WiUiamJ; "Bryan be elected According to the last reports made by the building aud loan associations of Indiana to the state auditor, there was paid up.and in foree-$98,012,284 of stock. From reports and estimates made by experts it is found that the .value of life ipsurance policies.now carried in i Indiana; is $130,000,000,, a total of. build- iiig and loan stock and life insurance : of. ;|31,8,912i284.' This was paid for in'mon-. ley worth. 100 cents on tho;dollor. If the iholders of.this could be paid off in mon- : :ey worth 50 sents it is easy to see the; lamoant of loss that, would be sustained , by citizens who have invested their sav-, ings with no other understanding, than that' the standard..of money in the ; Unite4 States would bo.iniiintained and. 'the honor .aiid'credit of the government [ kept above' reproach - For years Democrats told- farmers • that the Republican- idea .of a tariff on ifarm products wus a humbug, asserting .'that the price of farm products was '• .fixed by the London or Liverpool mar- ! •ket: If this was the truth .then how will -free, silver; 'coinage help farmers' ; now —win not prices still be fixed in •London on a gold b asis? : ••• Not-many Republicans will have such n radical friendship for silver a* to in-'. !flnence.them 0 to line up • with Altgeld, iTillman and the Populist-breed that are' isimply'the.advanee agents of commn'n- tots nnd'anarohy. The 'Republican party ( :i». the! only party that has ever solved' •the intricate ^problems; of government; and brought 1 honor; glory -and prosperity; to ;the republic. '. 'The-Republican party.- preiident, witfr*'congress ii, harmony : :will:dobusiness at:.the, old•i.teud after; •"" his principles;' tfiere^would be no 'j Mttroh 4 - «d-ag«n restore confldenceto, tbVaitfortheenactmentof afree ow-toum.! pohcy-^and casht.to-.a:de-• Biiverbin^iu-.^r torean»it S; conse- Pletedtreasury. ; The;Repubhcan parly, quints/ Ndsooher'should^the result alone,-in,emergencie B hke ; ,the present. ^ .." .., . .-. in iftftA whoTi^hA TIninn wiia,assaulted,-. be ahrionnoed- on 'the'mbrifing after the November -eleoti6n <! tliiui : the crash would'fall'upon the' cbrintry. '- "The ! 'de- preciation'of ; the 'greenb'ack-currency was gradual, and was -therefore miti- gated'inagreat>degree;"'bijt 'thennan- oialnrin threftteriodibytheiPopnIisfrpol iri- ; 1860, when-the Union was.; assaulted, can -meet and master •• the alarming exigencies. : ; . •,.'!.....-'...: . .-. :,;•:..: ,- J' . ''Senator Hill threw, the 1 entire 'dictionary-into his' answer to th'e'gpeephes of Altgeld arid'KUmanat'thedhica^ooon: : oiiu zaui mmmoiiuii'ujr mo j. uyuunv j^.- •_'. vehtioh'of Populists and repiidiatioriistSj iny. would' foe • sudden 'and •' irremedial.- •'. when' he said: • r "I am "• »• Democrad, but Free coinage would be aritioipated-by an .' «bt a'.r«v6lntibni8t." ' 'The doctrin«s : of abrupt drop .to the deDaSfld:silver : Btand''^h Te platform 1 : ftnd' : the^ sentimerit» of the^' ard:"'lThe ,-stbrei of.-.'treasnry;^'gold forHBpeakers sontad .like 1 'the moathtagB" of the redemption -.of -cpriblic. obligations T BoteBpierre.' The ^Haymarket'.'riot; at wouldvanish,;and:asi.>fast:ias!the!fund!l chicago^was the^deatto knell of ianarchy;^ ihould be replenished by borrowing it The-Chicago.'convention. Bouhdea'-thei would.flow.outagainUke.watwthrough - - ' : —-' L —-"--- "" the sieve of the daughters of Donaus. (Gold would at once disappear from circulation as : if ; the earth ; had-«wallowed it, and could be enticed; from its. hiding places only by the. offers .of large premiums in depreciated silver., ^ijrices of all funeral-notes v of revolution' andvfrefr sil ver repudiation in" this land' of justice and freedom. '• ' _••• ^ • ' '•'_•'• ,jt is a, curious i fact: ,that, Bryan /does, nqtjbelong to ,the .Democratic.,p^rty ( of. his,..own state, ,but to.a bolting .faction, . and '.thus-: •tO:',ayengov,the.!people-mponr . , the.ir,oppressoT8.'. -Wall - -street ;.gpeottla-. tors,finrich themselve* in the*operatipn« of the money market; and a depreciated "tnnities such" as' they have"never had, f tlie days _or gjreonbaok de- precfition. The liCOifiippaUitan bankers' who place the loans of nations would transfer their gold and their - investments / 'from .United States bondSi pay able in depreciated silver dollars, to '('the gecuritiesl or. Chile, Argentina;;Bnssia v 6r.'any "Other^nation promising to redeem" its' obligations, principal anfUn.terest, in^wund monej -atiitpjay, in^h>|mpnqr in which febii'wew contracted. Bryan and last: year, and polled .only; a: little byer 1-sbth 'cast; . . the whole number., of .votes the necessaries of living would rise with which ..nominated;, a ; ,,ticket ;-of y its. own • the depreciation iii : the 'cnfrbncyi 1 but' n -- 4 ----- "~- r •-""-•' «»!•-. -• n*«n /««».. there would; be no rise.in'..'the.value of: the soldier's pension. • : The.wor.thof the. pension .certificate., would fall .with tho. fall 'in the .silver cnrrency. , .. . , , , , • . 'With the pensioners the/greatest suf : ferers from. thia policy 'of ^dejpreciatiou' would' bo the, masses 'of citizejis who have sihall saving's' in. lanks- W ;in BB-; purities, or who .-are 'dependent 'upon their wages and ••salaries. -'But. 'the ; 'sil- verite demagogues t boast;' that rtneylin"-' tend to,carry.ti»e) war 'into ':\Vall street,: ••-IN" A' '•NUTSHELL.;; : ? : ; Dimple • Faota Conoernlng Money and , Iti Cie« and Abii»e»— Timely and .Valuable • Information De»lt Oat In Smull Pack. , iMoney is a; thing'';of."value,"'UBed to' make 'euhahge -of .'Other tnlngs easy. . ' • • .•MoneBthatIisinot/a''thing;>of -value is • simply, the:repre8entative..:of' : .'money; or ctedit;-;for convenience's sake; 1 ' f'Such'is' pftper/mon6y,i;checkB;..drafts,.-;bills'of ex-'i change, Epost^l; and .money 'Orders. : •; ••- -t .Money has in early ages had the form ;Oto«ttle..-Ponie« serve an nioney-among some Indian tribes.7 . , i It 'was reserved for^civllizedppeople' to invent systems of credit money, and then to become .confused as to the na- turis and relation ol;, money and ita rep- .•rejintotiyes-,;-;:,' •:•$' ' '^': "<£,'•&;'"& T 1a».fiMit?e«enti(il of,,;money ii VBlai. .LJ71i.3SiiC.i-i »i._.«i;^-:,i ___ „ „«; -*_dJv 9 are i rT __ •nd_iilver the best kind of money. .. ! (When gold and silver nnit came to b« •Ued M money thej were;nieMnred; s by , ; ».ij-kt,. ''' ; V J sreaso the alloy without detection, Sealing required the civil power to au llyze the gold and silver iir circulation Mid stamp upon the m°tils the degxwo of their fineness and the amount of their •Weight. /•'-: . ; ;;";'. ; A purchane is a swap or trade of one kind-of J value' for another; Wiieri-1 m»n gave a horse for a cowj of"f[q,nijl Value by means of themedium, of mou'ey the principle's of barter did' hot .change The swap or trade was only a triiviign. lar one. Modern money systems have refined this principle and made it com plox, but have'never changed the pria ciple. . , _\ • Giovernmento do not create money, What they have they accumulate.- Why pay taxes if governments in their sovereign power-could create money? Taxes and dues, of ,stated;80rt are the avenues through which our' national treasury in filled.., , ... ; If nations,issue promises to pay, they must 'provide .something of .value, in which to pay. Nations perish or do- fault, but,the,right of property .endures forever. Paper loses value by default, but gold and silver do not. Gold has a higher value for money purposes 'than silver because it is more compact in weight .and'presents less jnr- foce for loss by we>r. For several centuries before tho United .'States govern- Aleut was organized, one pound of golc equaled in value from 14 to something over 16 pounds of silver. It was in this ratio more deflirable in the arts and as money.' 'A change ,of ratio: of 14 to 10, or vice-versa, is enough to give one or the other 15 per cent more value. American coins were first molded in the ratio of 18 to 1. There .was only l-10th of, 1 difference between 15. to 1 and the market ratio, but it was enough to set the cheaper money to^work to drive out the dearer. The dearer money in this instance was silver, and it disap peared from circulation. The silver dollar was worth more as bullion than as coin. There have been periods in American history when gold was the dearermoney of. the two, but for nearly nine tenths of tho, time previous to 1879,. silver was. the dearer money, aud kept out of circulation. This'was on account of a stiff legal or mint ratio, with free and u a limited coinage. It was impossible to float' both metals at once, with -full legal tender power. There was therefore no true bimetallism. , • The Republican party, adopted a law providing for .specie payment, and a, policy of .freely exchanging gold for silver. It was neccessary in order to accomplish this-to limit the number of silver dollars coined, but the purchasing power:of the silver : "dollar of our daddies" was preserved;by retaining the time .honored ratio of 1884 at the mints. This 'floated all the silver possible at a par with gold.and gave the country .true bimetallism. Herein may be seen the difference between Republican and Democratic statesmanship^ You can toll, them by their works. The Republican party never was au enemy to silver nor partial.to ; gpld.. , - •'• . r Xhe free exchange; of .gold and silver, dollar for dollar, at the mints .of the United States is based 'on a policy and not a law. 'A law requiring payments to gold-instead of coin would make'gold the-only ; legal tender, and establish!gold monometallism. ; The Republican party prevents this.by founding; the.practice of the country, upon .a policy, to exchange, gold .for silver at the will, of the holder, and'to pay pbligatipns hi coin.,,. As'long as : the '"policy 'of making all coin equal to 'the best c'oin-prevails'i'Onr mou'ey of final redemption- includes both silver an* gold:.. Any other policy drives ont:the more valuable coin, as experience and. reason,..show. -. This,, meana .mono- metallism, or use of one .metal aloue.as redemption- money and brings on' a con- tractioh'bf circulating'medium equal-to the amount drivep,out.: • • '• ' ."•••• - \ ; ;.Thejlegal-tender-.quality :of-our,money lsgiven.it ; by;tb I eie»Broise.,.of itbe sovereign 'authority pi- ine, .people. < through tKeir/chosen /'representati'y'es to', make debts. payable r equally in ffbld/'silyer or greenbacks; /: Qodd : credil; of the'govern- nlent is'-Becessary- to giveVeffect : tt) ; the edictiot the'jpeople. !TH&Aegal- tender power, is-not-needed'.to make 'gold good money,, ;but. the legal tender, .power- con- ferred,j$5n" silver in limited quantities: mikes' silver' as' good' .as', gold, and Ri'v.es the people' tho'.uge'of .both metals. There is no other -way to secure the usei'bf both metals. ',"'••" •• • ••• '.'•'•' •'• 1 ..This country is not: on->a gold basis'. This would mean that all debts must be paid in gold alone. "This country is on a COIN, .basis; with a -gold Tgtandard, .which c^lls into ttej'full'est possible safe 'usei thV'siJy'er' of the country,; : Hence the "existing gold-sta'ndard'^mentioned in thiJ ; St.' :: liont8-'-platform, was not'the .work'Of 1 "gold'bugs' 1 but 'of';true- bi,,.,. -.. • • • ... •••,Th$e-, is.no,ffetting, away;from;these : facts ¥,. A .jpaper, dollar, .destroyed, is, lost for ever It .was not a.dolhtr, .but.'qnly a.promise'to 1 pa'y r a dollar, and the .promise; is : no longer';in; evidence.', A silver dollar battered so as not-to be able to see the government stamp, becomes bullion and is worth', what' 871.25'grains of bullion:; isjworth, about, 58-ceuts.,: A (fold dollar battered sq'as not-;to.'be able ; to;.see the gbyernra.eut, .stamp ..also.be- comes 'bullion;',;but: 'there,>'; enough bullion : there; to : yexchanjre' it; "for '100' cents. It's defacement' did not lose it anything of its value. "Butuuder the "exifitin'g gold-standard-" these:two coins ire equally ^useful for .the ,payment,of ; 'all. debts because the government injects 47 cent8,WQrth,of.credit 1 into.silyer. t ; As •tiie : t!red1it~6f' ; nartbns-like'-thatr pf •men islimited, so.it becomeg'necessary to'.liinitJtiie .'number':'of ^'silver; dollars that demand so much credit; It is at once the hope, purpose and so far aspos- stblb'the plcdgetrf the Republican party; ' great ^pQwew > f of the gjifoW'fo&valn*'' and',. / .,,,_—.,, oflhatiqn'ii credit to maintain'a par.'pnr- ohaningpower with .gold, at- the 16.to 1.; The, number, of silver dollars added jpand for natfonM tcredit ,ln them de-: 'cmiet.•"'••'..• ' ••• . ' " . .;,-'•' ••;~£\~ Traveler The woman who does the washing travels from pole to pole and crosses the line many times. She soon learns frbm experience that she can save time, money and labor by using the best, purest and most economical soap made. :She also discovers that clothes washed with Santa Claus look better and last longer than they do when washed with ordinary soap. Santa Claus is sold everywhere. Ask for it. Made only by- THE N. K. FAIRBANK COMPANY, Chicago. uuuuuuuuuuuuuuuuuuuuy IN THE WORi-P For k*)*>ptng th« 3y»t«m tn.» H«althy Condition CURBS CUBES Constipation. Act» en th« .Uv*r 'mnd Kldn«y«, .PurifM*, tl •food. Dlap«l» Cold» «nd F«v«r». BMuttf)** ,th« Compl«jclor> «nH !H»M«n» and Rt>fr««hin» tr> th«"T««t«. SOLO gr ALJ. OfftMOf m. /•a*af««f WaootiiT«a. *rk»3Se. AtkyMT , rorSale by B. g. KEB8L1NQ. The Cyclist's Necessity. POND'S WILL TORE CUTS, BURKg, BRUISES, WOUNDS, SPRAINS. 6USBURN, CHAFING8, INSECT BITES, ALL PAia, AND INFLAJlMATJONS: USED INTERNALLY AND EXTERNALLY. ':•:•••••'-•••• •'.'••'- •-•'• -'-• -' : '-- •••'••'••• '•"GENUINE IS OUR ..--••^W' BOTTLES -ONLY,: B UFF • f -^p ^T WBAPPKBS, SEE OCR L V NAME, POND.'S BXTBACT .., W .M'"' •"'' I L _ , CX>., NEW YORK, ' ^^'Mm' :> |- ; 'WVL 76FIFTH AVKNCK. ^•^ •'.-,* v,*-~-*)j^.vT^T^ "'. POND'S EXTRACT ^OINTMENT FOR PI LES. ; °iSfnt by, mail on receipt of 50,.ct*» . . . IHIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIBIIIIIIIIIIIIIIIIIIIlilll .•.: ^ :f tiie^best :r -^eisbn 'in the worfd why 3 *pmc things ,sell,sp..^.is became they,. great sales ;c It is as big almos& a ,JO cent piece of ;bther and poorer ftis; f .. : . Facts are facts^. You can buy and sort or ' t,f f^f' '•' _:«__ '_^A.*A> •• ----- — *». A^ali .i^«v«AH4>