Logansport Pharos-Tribune from Logansport, Indiana on August 28, 1896 · Page 5
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August 28, 1896

Logansport Pharos-Tribune from Logansport, Indiana · Page 5

Logansport, Indiana
Issue Date:
Friday, August 28, 1896
Page 5
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A"CORKER Adamsboro Picnic Was a Huge Succes^. FIVETHOUSAiS D THERE Splendid Speeches by Owen, Po. sey, Haggard and Brownlee. Every Township in the County is Largely Represented. Another Splendid Meeting at the Rink in the Evening—Political News. The luaiiagiirs of (lie Adamsboro picnic yesterday are receiving hearty cou- gratnhitions. U was such a decided success in every way t.li:>t nothing could be said except in warm pvnisc of Hie whole affair and every department of the entert.-iiunient. The attendance was estimated at from 5000 to WOO and they wont in big wagons, on loot horseback, on hundred* of bicycles, and the crowds that poured off tlic trains :it three different times, swelled the magnificent Catherine;. Then,' were decorated booths where refreshments were served, and it was in every sense a picnic, pleasant in every way. and nil In nil, the grandest gat'.iei-lng of the kind that was ever heltl in Cass county. The Union Cornet baud furnished excellent music, and the Republican drum corps was very much in view. The crowd was well cared for. There were not seats enough around the speakers' stand to accommodate the throng that listened to nil of the ad • dresses from beginning to end, but the line for the carriages was close enough so that hundreds heard the sound money arguments, nnd applauded from their buggies. There was nothing to disfigure the pleasure that seemed impartially distributed to the picnickers. The McKinley and Hobart badges were worn by the hundreds. The Loganspovt glee club made a sudden and emphatic hit will) Its first song, and was in high favor all day long. Spring water, cool and plentiful was close at hand. The grove is a. picnic spot In every way, but it has never before been graced by such a crqwd.ns that of yesterday. It would have done some of the Cass county Democrats much good to have seen with what close attention nnd patience and enthusiasm the people heard the arguments made by the able speakers of the day. Hon. W. D. Owen, Secretary of State, was the speaker In the forenoon, and his talk dealt with the money question in a clear and forcible manner. He said,' among other things: "Some good Republican says, does this mean we are to be on a gold basis alone? Bless you, no. We have been on a gold basis since 1837. How about ' the circulation of silver? There Is now in circulation much more silver standard dollars than ever before. If anyone tells you silver dollars are not legal • tender in any amount you turn him to the acts. We say do not disturb this condition. What Is needed Is a return of confidence. "In the old days the princes gathered up the gold and placed stamps on It, telling the weight and fineness. Then the people ceased to carry scales around to weigh the metal. This was the first coinage act. None of these monarchs said a piece should buy Just so much- They never said the stamp should give a coin a value It did not before possess. "Some monarchs clipped their coins, but'In no case did sucli a course fall to cause disaster to the nation that did It. "There are some who imagine thorn is some witchery about the stamping of coin by the government. "An honest dollar will kill your debt. A depreciated dollar wltfenot help yon. If this government stamped a piece of leather a doB*^ it would be a dollar, but it would Mi worth only the worth of the leather. Congress could make leather dollars a legal tender. But that would mean repudiation of debts and ruin. Congress can make a dollar but k canuot give It value.' Our property Is protected.. I have a horse, which I offer for sale for a hundred dollars. You' offer me' one hundred leather dollars. I say, Oh, no! honest dollars. Can yon dollars, Oh, no! "Some say the, prices are governed by the volume'6,1.'.currency';In circulation.'/; .•""'.'.'•'.. • ' "In France, the per capita., circulation Is only-one-fourth, that Jn_ circulation in Switzerland, across the line. According .to-this theory the prices In Switzerland should be four times as great as In France. They are In fact, the same. By this theory, if our mono volume was contracted one-half, price would fall one-hull'. If all the raoue disappeared our property would li.iv absolutely no value. This is ridiculous '•Was'silver demonetized In 1S73 No! never! Nor at any other tlmi Every standard sliver dollar was I use and hiiw been every year since th coinage of silver dollars was stopped The making of greenbacks wa stopped In 1800. Were greenbacks dc monetized? >"o! They wore legal ten clcr every year afterwards. They ar legal tender today. "The report of the Secretary of tlv Treasury on the act of 1S73, said tha the reason for leaving the stantlan silver dollar out, was the fact that 1 had been out of circulation for twenty five years. It was but a memory. Sen ator .Stewart of Nevada rose. In h! place 1 and said, 'we want no silver. 'fLu first nations have a gold standard America wants to stand beside them.' "The act was discussed as openlj as any act ever passed. To hear some ol' the sllverltes talk you would thlul- we wallowed in silver dollars before 1S73. You would think to hear tlieir wail, that we had Lad nothing lint silver money, in America. "They ask If the price of silver has not fallen as a result of the demoneti- zation of silver. "One year after the passage of the law silver was worth -fl.20 an ounce At par at 10 to 1. It took it a long time 10 find out It was hurt. "They say prices all broke up in 1S70. I toll you the fall in prices be gan In ISft", after the war. "They say, why don't you do something for silver? Why, that is the policy of the Republican parry. There is a limit to what we do. That is right We have done more for silver than any government on earth. The United States has coined more silver money than any other nation. "The Sherman law gave a wonder fill impetus to silver. The fiat of no government can long sustain a fictitious value. "It Is the policy of the government to keep all Its money at par. The poll cy of the government has been to pay the money asked for. By this means ihe dollars are kept at par, "In France the silver dollar will bring 100 cents. Because Uncle Sam says it- is -worth 100 cents. Because the United States will make up a. silver dollar and give any man gold for It who asks it. "The men who framed our constitution were the wisest ever gathered together. They said the dollar should be the unit. They said the silver in the dollar should be of the value of a dollar. They said the gold in the dollar should be worth 100 cents. They investigated nnd found gold was worth fifteen times as much as silver. The ratio was placed at 13 to 1. At that time the metal in each dollar was •worth 100 cents stamped or melted down. The price changed and gold went out and they went on a silver basis. In 180G Jefferson demonetized silver. He stopped its coinage. No more silver dollars were coined for thirty years. "Again, it was proposed In 1S34 to bring gold Into circulation, and a ratio of 1G to 1 was made. The silver went out of circulation. "No nation alone has been able to maintain for any length of time a double standard. We tried it In 1792 and failed; in 1834 and failed. England tried It over four hundred years and gave It up in 1S10. France failed; Germany failed; the Latin Union failed. When there are two monies In circulation the dearer money Is withdrawn and the cheaper money circulates. This rule holds good everywhere. 'Governor Altgeld of Illinois has his rent contracts drawn payable In gold. That shows the confidence he has In the Issue he advocates. Now the government buys the silver. It is the government's money. Under free coinage the dollar will belong to the man who delivers the bullion. They say unlimited coinage will create an unlimited demand for silver. An unlimited supply means a fail in price. The government would not buy silver. It would simply stamp it. The value would be ,1ust what it was in the markets. 'The dollars of the fathers were honest. When the ratio changed in the markets the ratio was changed in the dollar of the fathers. If Jefferson and Jackson had entered the Chicago convention they would have been read out of the party as gold bugs. Mr. Bryan said In 1892. 'Prices are too high, what we want Is a chance to buy where we can buy the cheapest. Free trade is what yon want.' In -ISM! he says that prices are too low. We want higher prices. Free silver will ilo tills. Mr. Bryan is an orator and an acrobat. "The free sliver managers are count- ng'on carrying the farmers until after November 3d by the high prices delusion. Just as they carried tl"»m "" ( .'>R promise of high prices in 189U. 'The' farmers are looking at it this way. They promise a doubling of prices. These" prices-are likely to'raise all along. 'The-farmer finds the prices of his products have declined under Democratic rule 10 per' cent. But the thlngN-he b'uys have fallen 30 per cent; So he has been the'beneficiary. He says that Uo will not; change the 1 condition for an uncertainty. "I am not afraid of the farmer vote. "The debtor says he Is to be 1 benefited. Yoiv cannot -get one of those 1're dollars unless yon give something -t'o It. ••Four-fifths oC'.the d«ht? - of thli country are twelve months debts Every man who owes a debt; due with in a your of Nov. 3d -will be .pressed for that debt. Before six mouths you values will go down "0 per cent. Youi papers will not have room for sheriff's sales advertisements. "Instead of paying one dollar's deb with a silver dollar it will takW two dollars to pay every dollar of it. "I will not discuss the matter of the soldiers' pensions, cut dow.n by - fr^c silver, one-half. "Who stands for the policy? Are they -the old Democratic • leaders'? Where are the men who led the Democratic party to victory Jn 1802?. .They are uot now In the leadership. WhiMi they saw the Chicago convention pass a platform that means ' repudiation; they were so appalled that they 'said, wo ,-ire Democrats, but not revolutionists.' The dinner hour at the 'picnic, grounds wns well taken up. with the feast under the trees. A short'time was given to being sociable nnd greet ing old friends, and to listening to patriotic airs by the band, and by the glee club, and again the 'people wove called to listen to the orators. . The -:rowd wns much bigger than In the forenoon, and the speakers of 1;he afternoon were given flattering attention. '" Hon. Hiram Brownlee of Marion, talked of for United States Senator to succeed Daniel Voorliecs, was tlie opener of the feast, -of logic and eloquence, ami be made a good impres- iou. Ho put the crowd in good humor, and made a strong plea:'for the- cause o£ Republicanism.' • . He said In the course of his speech: "Two years, ago" we thought tliero were no Democrats. They have made i change of issues. They have taken up the question of the free and unlimited coinage of silver. Prices are low, but this Is One is great part to' competition. Our own supply of wheat has many times multiplied, nnd the new Colds opened put their product ;Iuto a common market to meet American wheat. . . . The \-6Iume of money does cot.gov- r-rn prices. • While the decline has been going on the 'volume of money in this; country..has Increased. The •decline J)fi silver is due to the same law, the law of .supply and demand. Silver Is. a iroduct. The price of it cannot be con:rolled by 1 legislation. • : 'The Republican party has always been the friend of silver. ' Two ships are at the dock. One ls_ : brand' splinter ..new. She.. was made n a foreign ship yard;, -H.er-tlrobers 1 ivere grown in'a-.fbreign.-land. The' material • lit her sails was'grown here,; but It wns shjpped raw to another country and' woven by foreign labor.' She is pretty nnd bright, but has no; jallast. She bobs'up and down. Slip ins a captain and two mates. T3otb he mates claim authority. /.rhe',,eap- alu is a young, man. You ask .him 1C le is a seaman. He says, -,'I .have rf h'eory on which I can -run a-ship.ji You ask. him what he, would do in? a storm. He saj v s, 'I do not know; but 1 mve a theory, or I will get one.' ","• , : You turn to the other'ship." Slip„!» stained by many.sea's,'.. .Heiv.sails 1 anj orn,.. She has weathered stprms...She was built, in America;: by -.the^hands f Americans; tlie timbers .in her were grown in America-; the sails'' : 'v?er$ grown at home, and-wov'en 1 ' : ln'""'"'this: Country. .'.' ".''. ,' ; ..' '. i "Her captain shows that he'.too,has passed through storms. He has^thj.' nark .of service.- You nslv.him if,life las ever been in a storm at .sem >-He las. Did'he ever' lose-a ship? ' No! You will trust him for the voyage. - "Xot long ago an iron "mill :r at 'my ionic was shut down. The. plfinf 'jem- iloye'd 280 meni Tho_ orders hi en off from .$20,000 a month to. Nothing was left. but. bankruntov;-. 1 A.vi. he attorney for. .the company -i-w»s ; isked to notify the men of the'-'shut- own. The proprietor sat in'.liis'pfljpe^ rying like a baby. The men gathered- round me, thinking, perhaps I -wonl'd make a campaign speech, -You..should; avc seen the faces of those.men-whcu. hey heard the truth. Sorriyw, .hope- : essncss wore in their eyns. • It ;wafv, wful.' Those men were cut put'of' vork in tlie summer, when they should' ave been laying something ; by for in aluy-day.'to-come. Xhe. wrath- -.of,',' eaven should be visited on the.-men' vhose legislation 'caused'this failure.' nd others all over the country.'-' 1 - 1 --' ' .; "I was speaking not'long a'gp'lri ih'e Eastern part of the State. ,,I asked' hose present who voted for. Qlevelarid! o hold up their hands:;.': I, asked 'if' 1 oung man why he did. so, .Herald.', t was because they told him-he'could' et a cheaper undershirt; Tast&l-'Eliii; ow he found it. 1-lei'snid 1 he hadii't; rorn.an 'underskirt .;>i'nce ..'Cl.ey.ejan^ vas elected.' 1, asked what ha '' ! " " He said,'-'I-,want a job.'.-- fha.t ... ,,, r - r ^ he people wont. Employmentj. steaiil^'; ork. They--want: to bhow o to work that the factory^ For Choice of Any Boys' or Child's Straw Hats. Choice Of Otto's very Finest Tair Shoes. High or Low Cut for Ladies. $1.98 These include our Very Finest, Former Price $4.00. ;••; :.'jl5c for Children's ffaists. 15c for Boys' Knee Pants 'r'-i All on' First floor for the Greater Convenience of our Lady patrons. ' KRAUS "Of Course" wiljj.'no.t be, closed dow-u when they get " ere. They- want a. certainty." Vftji'-S';:Haggard, candidate for Lieu- tenanL.Gqvornor . on -t.iiq. 'Republican ticket.'spoke briefly''after the glee club hnd,:-favored' the people with a song that was. applauded-.entlnislastically. The "follow'iug were .among his remarks.:. : "If we can convince our Populist friends that, there is no scarcity of gol'd we can bring them to believe that the existing standard lit • the proper thing. The business transa-ctions of the'world'h'a-ve'always been carried on in'gold.' Ever since 1702 .the bit-- dealings In tills country have been transacted in gold. We borrowed gold. ?3D.OOO,000 of it for the .war of 1S12; $97-,000,000 of it for conducting the Mexican war in 1840, and $400,000,000 ot'.it in'lSOl for the prosecution of tlie civil war. ' Those early debts were paid-in.gqid. !.'Slnce.J.702 there has been more gold -coined 'than- silver. Gold in the sum o£ ifl;SOO,-000,000 has been coined, S'luce'-"lS78'silver'has been coined to thcr'ri'monnt-of .$-100,000,000, while gold cpins to 1 .the] total of $800,000,000 were minted.. ., . .]."Ill'181)5.,the United States product rf.gpkV amounted to ff-10,000,000. There c'nn be no "lack of gold. There is a Held -iiTGeorgia, when developed, that will supply the demand of the world There is not a section of land 500 mile; square that docs not produce or con tain .gold." riltniBiF-rriuk B. Posey spoke with uu UHlia-1 effect, and force of reason at the close of another rousing campaign song by : thc glee club. ''¥iV'talk contained tlie following: ','^i'Jiese are hard times. The farmer rapets the falling market. The farmer -however. Is the best off. The business -mnn's credit is the foundation of his Rncfo'ss:' : Hls"business grows larger as lis^iire'dit -'expands. 'He also sells on :i:edit. His bills come. on. He is not rolng 'to hold his debtors, down and .rrlnd the money out'of them, and he walks the -floor at night in his fear of rnlri-to'come. ' ' -"The business man'Is. not the worst j|f: The idle 'lyorkiiigman Is in the m'ost'serioiis condition. 'Enforced idleness causes, discontent.. He is Justly djscpnteut~e<l. ,. There is a contrast be- :\ve.en.the picture of the prosperity that ;,knev 'within, the,last four years, and- tlie 1 condition -today: ' "I welcome the discontent. ; Out of discontent comes progress of the peo- Jp;.;'.a^hc'Eussiau," the'". Italian, the jiiissuiman nnd. the 'Mexican peon are coRtented.-vr.T^at-ls nil. , They.do not progress. The present discontent au- •woll -for the.future, -and the re- orins that-will come. -': t'erritory.iof this country lijis"'be'en"ddveloped. . A few'years ago 1'U s{e«mu(l tiint'.'this. coiiiintry. would soon .'hecome,/'an importpi'^'pf^iyheat. The t fjupjjly.»pf ,wheat;/.will..from, now on •be.wboutjstationar.y. ID'the menutime "the- 1 population grows, and in time, crity.'all the wheat would be within pur 'borders. When .•••:••-,.'••-.,.>•-'., comes 1 a. protective tariff "qn,the..jmport.e(3 .wlieat would .keep the ,jjoine.;uinrlse.t for Amerlcnns, . The is, mnde at : the seaboard and In n'y only will tlio -price oC wheat '•'be -raised/"7 • -'' , • "''• •'•Tlic 1 very : men -who demand free and iiinlinilfed' coinage of silver today were '.for"the act.of 1873. They .wanted then a dollar of silver that would meet the JJexicnu dollar and circulate wit.li it in :thc.. markets • of the Orient. They brought nbont: the provision that called for the free nnd unlimited coinnge of 'silver 'ti-ncle' dollars. ' '• thing that had something to ].ao..witli the fall in'the" price "f stiver ^yns-the.actlon of. Gonminy in refusing •to ncccpt:theS100,OOO.OOO.in base metal settlement- of the Indemnity "'cl'liinY 1 against Prnnee.--Then the.pro- xll'ictlbn of silver had- Increased alarm.. '. .'-'.j'jf'liere ^;as..a time a, few .years ago ~w!hen : tiiBi;e was no. complaint of scarce ;rubney.'.'iA:t that rtime- the home con- ipfclODvot wlteat wjis^'ten • bushels liaid.- v -Now t$©ftome" consumption 'is^ ! onTy ''-'th'ree 1 ;'' bushels per '-head.' . In fH ( Up=to=Date Styles - FOR Fall and Winter. DEWENTER, ; The HATTER And FURNISHER 8,'plate ' full of, food Now lie illillliillllllilUlllllillilllllilllllUllliiHIllllillillllllllilUlilltUililillUlUiiliiiliE UP=TO=DATE TAILORING. POPULAR PRICES. That'" He--My Fall Woolens are ready for inspection» Can't I show you through. H. Q. TUCKER, The Original Pearl Street Tailor. don't get that crust at the \vovking-. mau's home until it is so mouldy the cat won't eat it. "The Democrats say that, the hard times are no fault of theirs or of their policies. "Free coinage of silver would cause a contraction of tlie currency. The gold would go out, thus 'causing one- third of the money to disappear. The silver would be debased, and the certificates and notes based on it, and the mints of the country would be fifteen years coining silver to take the place of the contraction. "The money of the country has tri pled under Republican rule. "The press of the Democratic party is arrayed against free silver. Does not that start you to thinking? Half the leaders of the party are against the movement. "The sllverites appeal to the latent dishonesty that they would have us believe is in every man. They are mat ing a mistake. The Democratic party Is always for something 'free.' During .the war, when some of them wanted to talk treason, they talked of 'free speech'; at the time of the Baxter law their cry was 'free liquor'; four years ago the' talk was 'free trade,' this year it is 'free silver,' and In four years it will be 'free lunch,' if they win." "The Democratic party never has appealed to the best that Is In the people. In the platform they declare that it is nn issue of the South and West against, the East. In this day when there is such standard of intelligence, when school houses have educated our people, when books are cheap, is the wrong time 1o make an appeal to the dishonesty of the American people. It will be found that there is no dishonesty In them/' The big crowd was dismissed after tliis address and the roads were filled with the departing pleasure seekers and Republican enthusiasts. Tlie picnic was a success. MEETING AT THE R.1XK. The Hon. Frank B: Tosey Delights a Magnificent. Audience. It was a magnificent audience which greeted the, Hon. Frank B. Poscy of Evansvillo at the rink last night And if tile audience was magnificent, the speech they heard was no less so. for It Is safe to sny that, no more eloquent political talk has been heard in Logansport In any campaign, at any time, than that delivered by Mr. Fosey. Every available seat in the rink was filled and there were probably two hundred people standing In the roar of the auditorium throughout the speech; every word wns heard with eager attention; every point, made'was vociferously ap : (Continued on 8th page.) GREATER Ever Beyond the shadow of a doubt, our new arrivals in Stylish Shoes Stevenson & Klinsick 403 Broadway. THE FIRS I nATIONAl BANK -OF- LOGANSPORT. . . INDIANA. CAPITAL, $250,OOO. \. J. Murdock, Pre«. W. W. Bosw, Cub. J. F. Brookmeyer, Arat. Cub. D1BKCTOB8: C. 8. Bice, i. .1 Mardocc. B F. YanUs, W. H. BringbDrat; ' Dennis Dhl. F. U. Harwoort, . T. Wilson. BRnklnfi- In a); its Depart.nentB promptly il rRrefiilly done. Safety to Customers and Stockholder! soutfht for. Strong Reserve Fund maintained. The Logansport Humane society (INCORPORATED.) For the Prevention of Cruelty to Women Children and Animals E, S. Illcc-Prcit. Geo. W. 'Walter*-See. .). J. Hihlebranilt-Trcim W, M. Bishop— Huunmc OUiccr. JE. S. Blw, 1. C. UiH'lpy. V. r. Oeo WWoJtern, J. J, UIKtebraiwlt, Peeked Justice. ISJiali Adnmi. Mrs. W. D. frail Mrs. .7. N Kefi. Telephone No 33. 'Be jolt cases of cruelty o£ec«~imy. "' The Republican Stale committee announces that iH'jriuiiinjr September 20, •' the services of D. V. Baldwin of this . city and William Dudley Fonlke will^ bo devoted to Hie election of McKinley. The assignments for Mr, Fonlke and Mr. Baldwin have not yet boon made. Donald Grant Lonjru-cll, the eleven- ] months-old "sou of Jir. and Mrs. Charles Louprvvell of the Weslside/lied ; yesterday morniiip at 8 o'clock after, a continued illness. Tlie funeral will be held tomorrow afternoon at 2 o'clock from the residence. Interment will 'be had in-Mt. Hope cemctory.

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