THE DALLES WEEKLY CHRONICLE, SATURDAY, APRIL 27, 1895.
The Weekly Chronicle.
TK K DALLES
OKKGON
Entered at the postoffice at The Dalles, Oregon,
as second-class mall matter.
STATK OFFICIALS.
ajvernor - W. P. Lord
Secretary of State H K Kincuid
Treasurer Phillip- M etschan
gnpt. of Pnblie Instruction. G. M. Irwin
Attorney-General CM. Idleman
: G. W. McBride
woman. j j. h. Mitchell
( B. Hermann
Congressmen W. K. Ellis
State Printer W. H. Leeds
COUNTY OFFICIALS.
. Geo. C. Blakeley
T. J. Driver
A. M. Keleay
Wm. Michell
Frank Kincaid
i A 3. Blowers
Assessor F. H. Wakefield
Surrey or E. F. Sharp
Superintendent of PublicSchools. . . Troy Shelley
Coroner um
County Judge -
Sheriff.
Clerk....
Treasurer t
Commissioners
MR. STEVENS' OPINIONS.
A gentleman named Stevens, the in
ventor of the roller process for making
flour, was in the city from Monday noon
nntil midnight. There is no particular
sienificance to this statement, other
than a wish to nse him as an illustra
tion of the circumscribed area in which
a man's ideas may ebb and flow and be
self-satisfactory. Mr. Stevens is
wealthy man, having sold his patents
and is now traveling over the country
partly to see the scenery j and partly
search of aadiences that will absorb his
ideas and not talk back. Mr. Steven
is a gold bug, rabid. He talked to
small crowd at the Umatilla House
the evening, making more rash asser
tions in five minutes than the craziest
eilverite could invent in a century.
Mr. Stevens stated that in the East
the silver sentiment represented but
per cent of the voters, while the gold
bngs represented 96 per cent of the .vot
ing population. He stated that before
the present administration was chosen
$12,000,000 had been subscribed for
building factories on Fox river, VViscon
sin, Mr. Stevens' home, tat that the
scheme was abandoned, and now Fox
river flows along un vexed by $12,000,000
worth of dams, mills and machinery
down to Oshkosh. "Whv," said Mr,
Stevens, ''Fox river has a fall of eighty
five feet in thirty-three miles, and is
larger than your river here." These are
but samples of some of Mr. Stevens
statements, and after listening to him
for a few moments, we no longer doubt
ed his first statement that he was an
inventor, onlv he has not retired from
business.
Mr. Stevens probably repeats what be
believes concerning the proportion of
silver and gold advocates as, he has seen
them.' He forms his conclusions from
the opinions of those he comes in con
tact with, and as that class is his own,
wealthy people, their beliefs would
probably be in the proportion stated
The trouble with Mr. Stevens' rating is
that he only meets a class representing
-say one per cent of the voting popula
tmn. Ninety-five per cent of that one
per cent are gold bugs; but of the 99
per cent that Mr. Stevens did not meet
4he- percentage does not run thrt way,
but rather directly opposite.
Free silver is the issue for the next
campaign, and we lose our guess if it
does not win, as the ppor's say, "hands
down." It will be as the Columbia to
Fox river, Wisconson, even though Mr.
Stevens' ideas of that creek are some'
what exalted.
THE NIMBLE SIXPENCE.
The East Oregoniao keeps reiterating
and emphasizing its advice to get out of
debt, and stay out. There never was
better advice given, and never any less
palatable; yet an examination into ta
subject of interest, and a study of the
silent workings of a nimble penny will
convince any one that no business in
the world will -beat the game where in
terest has a fair show at it. Money in
On gon generally commands about ten
per cent interest, and while it is unlaw
ful to compound it, yet this is done in
reality where the interest is paid yearly,
because then the money lender, having
the interest money, re-lends it.
To show the difference between the
steady accumulations, of honest labor
and the deadly work of interest, we pre
sent a email example. ' If, for instance,
a mau had gone to work on new year's
day of the year 1 and worked until new
year's day A. D. 2001 and had saved
every day $1, he would have at that
date to his credit $730,000. Supjose at
the same time the man had deposited 1
cent at 10 per cent interest, or at 7 oer
cent and compounded it, it would have
doubled every ten years. Suppose that
he only drew his interest at the end of
ten years and then uad loaned it, or in
other words compounded it at the end
of each ten years. . At the end of the
first ten years he would have had 2
cents, the second 4 cents, the third 8,
the fourth 16, the fifth 32, the sixth 64,
the seventh $1.28, the eighth $2 56, the
ninth $5.12, and the tenth , 10.24. In
other words, the cent has increased 1,024
times in one hundred years. If the cent
will increase that number of times in a
hundred, years, $10.24 will also increase
that number of times, so that at the end
of 200 years we would have 1,024 times
$10.24, or $10,485.76, as the sum earned
by 1 cent; in 200 years. Now, if that
sum can be earned, by a cent in 200
years, the . amount itself would earn in
200 years more, a earn equal te the
square of itself, or to simplify the calcu
lation and calling it $10,486, we find
that at the end of 400 years the sum
earned by 1 cent would be $100 958,196.
At the end of 800 years this sum would
be increased to an amount equal to the
square of itself, or $12,090,365,038,790,
516. This amount, if in gold, would
weigh 6.000 billions of tons, which again
equared would .bow at the end of 1,600
years 36,000,000 billions of tons of solid
gold. As these figures are beyond the
power of the mind to conceive, it is un
necessary to add the additional increase
of400vears more, but which would be
the last amount multiplied by 109,956,
196, which would make a weight greater
than that of the globe. In the mean
while the man saving a dollar a day
would have in gold about one ton and a
half. .
That is the difference between interest
and labor, and who is there can hope to
run up against it?
THE SPENDTHRIFT.
BLAINE ON BIMETALISM.
Mr. James G. Blaine, who was the
greatest American statesman of his time,
in a speech to congress, said :
"On the much vexed and long-mooted
question of a bimetallic or a mono
metallic standard, my own views are
sufficiently indicated in the remarks I
have made. I believe in the struggle
now going on in this country and other
countries for a single gold standard
would, if possible, produce widespread
disaster in and throughout the com
mercial world. The destruction of silver
as money and establishing gold as the
sole unit of value must have a ruinous
effect in all forms of property except
those investments which yield a fixed
return in monev. These would be enor
mous! v enhanced in value and would
gain a disproportionate and nnfair ad
vantage over every other species of
property. If, as the most reliaole sta
tistic affirm, there are nearly $7,000,000,
000 of coin or bullion in the world, not
very unequally divided between gold
and silver, it is impossible to strike out
of existence as money without results
which will prove distressing to millions
and utterly disastrous to tens of thous
ands.
I believe gold and silver coin to be the
money of the constitution ; indeed, the
money of the people anterior to the con
stitution, which the great organic law
recognized as quite independent of its
own existence. No power was conferred
on congress to declare that either metal
should be money. Congress has there
fore, in my judgmdnt, no power to de
monetize either, any more than to de
monetize both. If, therefore, silver has
been demonetized, I am in favor of re
monetizing it. If its coinage has been
prohibited, I am in favor of having it re
sumed. If it has been restricted, I am
in favor of havinir it enlarged."
LIKE A MUSHROOM.
The Colfax people have been wanting
an opera bouse for some time, and now
they have one. A big pile of brick lum
ber and other buijding material piled at
a street corner had awakened comment,
but no one knew what was to be done
with it. Last Wednesday evening
seventy-five men were brought from
Spokane, and armed with trowels and
hods repaired to the aforesaid corner,
and by daylight the outside walls were
up, the scaffolding removed, and the
men gone. Thursday morning the
place was filled with carpenters, paint
era, decoraters, etc., and at 10 o'clock a
bill poster came along and put up a . bill
saying that the Colfax Dramatic Com'
pany wonld present the drama "Hick'ry
Farm at the Colfax Opera House."
That was the first intimation the people
had as to what the building was intend
ed for.
It seems to us that if the United
States supreme court will carry its de
cision on the income tax cases to its
legitimate conclusion, it will be found
that it is unconstitutional to collect or
levy any tax at all. From the very na
ture of things any tax levied by any
power, state, county or city, is a tax
upon incomes. A tariff tax on suear of
one cent per pound is a tax on the in
come of the consumer of one cent for
every pound of sugar used by him or his
family, and if he is a farmer, and his in
come is from lands, why is it not uncon
stitutional to make the tariff tax appli
cable to him T Why is it not unconsti
tutional to levy a tax on whiskey or
tobacco, since in both cases the incomes
of the business are incomes arising from
the products of the lands. If it is true,
as the enpreme court says it is, that our
The Oregonian read a a homily on the
subject of wages and prices under the
title of "Meals Five and Ten," and ar
rives at the conclusion that economy
and thrift are lacking in America, and
that, in fact, we are a nation of spend
thrifts. This is no doubt true, but
whether that trait is an injury to the
country or not is at least debatable.
That the thrifty, saving man generally
accumulates a fortune, is undoubtedly
true ; bat would he do so if it were not
for the spendthrift class? If we were
all economical, thrifty and saving, it
would be a hard game for each of us.
That the spending of money, even lav
ishly, by the rich is a blessing to the
country, is undoubtedly true. The
clerk who gets $50'a month and spends
it, at least keeps it in circulation, and
assists those who are employed in mak
ing the clothes that be wears, the luxu
ries that eat np his income ; and when
he gets that much per week and spends
it. he simply quadruples the good he
does the class furnishing the articles
upon which bis money is spent. A
mining camp, a live one, is a regular
beehive; everybody gets good wages
and spends' them. The money circu
lates, and the economical, thrifty, sav
ing man finds in such communities his
best picking.
We are a nation of spendthrifts. But
let that trait 1)6 suddenly corrected ; let
our foolish, if you please, spendings
stop, and thj business of the country
would be stagnant. Our boasted home
market would vanish, or enough of it
would that starvation would set in, and
gaunt famine would sweep through the
manufacturing districts. Suppose to
morrow that every citizen of the United
States would determine to save, and
that he or she would purchase only the
things absolutely needed. The smoke
would die out of the factory chimneys,
the stores would be two-thirds of them
closed, the milliners, the dressmakers
and the tailors would become county
charges, the newspapers would lose
three-fourths of their patronage throngb
the inability of the people to subscribe
for them, and the uselessness of adver
tislne. The bicycle factories would
close permanently, and those of agri
cultural implement temporarily; grass
would grow on the railroad tracks, and
moss on the steamship wharves.
As long as we spend our money at
home the spendthrift is no injury to the
country's business, but its benefactor.
When we buy abroad, then things are
different because we as a nation of
spendthrifts become easy plucking by
other nations whose people are more
economical, more saving, and more
thrifty. It takes all kinds of people to
make a country, and the spendthrift is
by no means the woret kind. He is a
necessity, for his habits tend to the dis
semination of money into the channels
of trade, giving life to business, and
making it possible for that very spend
thrift's employer to raise his wages
eventually from "$50 a month to $50 a
week." ' We know this sounds some
what like the proposition of a man lift
ing himself by his boot-straps, but it is
true just the same. God bless the
spendthrift! He furnishes the grease
that makes the wheels of industry run
smoothly. He gives employment to .the
poor, keeps the lawyers and profession
als front hard lanor, supports the coun
try editor in luxury, puts the arc lights
In the shop windows, encourages litera
ture, makes talent appreciated, pats
music in Jenny Lind's tongue, and mo
tion in Cerito'a heels, builds the palatial
hotels, supports the floating palaees on
the ocean, the drawing room cars on
land. He is the product of modern civ
ilization, and yet the cause of it. He is
a necessity, and though not of the right
sex, is indeed the mother of invention.
His- needs, or his imagined needs, are
the lever and fulcrum that move the
world. We like him, regardless of poli
tics, age, sex, religion or color. ' His foi
bles are food for the hungry, and his
toothpick shoes and Dr. Mary Walker
pants are not made in vain, since they
create labor. Let him suck bis tooth
some cane, since somebody got paid for
making it, and smile not at his creased
pantalettes or hie overpowering clothes,
for somebody bought groceries with the
money paid for them.
When we all get economical the silver
question will be settled, for copper will
then be good enough for the business of
the country. Economy is wealth only
where the larger portion of the commu
nity is not economical. The spendthrift
makes three suits of clothes go where
here from the East, stops a day or so,
and goes on with the remark, "If I
could get a hou?e for a month or two I
would stop and look at your section, but
'I cannot afford to keep my family in the
hotels for two or three months.
In the burned district there are dozens
of lots that are unoccupied, and only
adding to their owners' taxes. We sug
gest that it wonld be a good thing for
the owners to put up a few inexpensive
cottages, such as couid be rented at from
$8 to $15 per month. It would not only
be a good thing for them in the way of
putting their property in shape to earn
something, but it would aid materially
in the bnilding up of the city. Asa
matter of fact it is an absolute necessity
that these homes be built, for, as we
stated before, there is not a vacant
building in the city. It is not neces
sary for everybody who owns a lot to
build, but w suggest (hat a half-dozen
buildings of the class we have men
tioned be put up, and at once. When
they are filled, and we think that will
be as soon as the are finished, more
can be built, until the supply equals the
demand.
There should be' a spare dwelling or
two in the city. Which of our enter
prising citizens will undertake to help
supply the demand?
It seems pronable that the income tax
decision will be set aside to the extent ot
giving the cases a new hearing with a
full bench. Justice Jackson is rapidly
recovering and it is said the motion for a
rehearing wilibe heard and argued, May
6th, at which time Justice Jackson will
be present. -
Closing
Out Sale
of DRY GOODS.
CLOTHING, FURNISHING GOOD
BOOTS; SHOES, HATS and CAPS
Past or present values cut no figure, as goods
MUST be SOLD LESS than . COS!
-A.
The U. JP. and r. I)., French Woven, Hand-Made. U
Warner's Health, Coraline, French Model and other mak
oi L-orsets will be closed out at extremelv low Dricea. Cd
and be con vinced. ' You will be surprised at our low pried
J. P. McINERNY
Are Your Eyes Open?
THE MARKETS.
Clapp & Co. '8 weekly market letter is
hopeful in tone, and thinks the financial
outlook is getting much brighter. ' It
says : "The air that was lately leaden
seems charged with buoyant sentiment,
and ambitions recently .hopeless seem
now but stepping stones to higher eleva
tions." It also mentions the fact that
cotton has gone up from 5.54 to 67 and
asserts that it will soon , sell above 7
cents.
The wheat outlook is brighter for the
grower. Ot winter wheat the crop is
now estimated, even with the most
favorable weather, at not less than 10
per cent below last year's product, and
the indications are that prices will be
much better than In 1894. Of course it
is too soon yet to make anything like a
correct estimate of the crop as every
thing depends upon the weather in the
next two months. That the crop will
not be nearly up to that of '04 is, how-
over, assured. . This condition exists in
countries growing 85 per cent of the
world's crop. It is estimated that 83,-
000,000 bushels of wheat have been fed
to stock since last harvest, thus dispos
ing of a large part of the surplus.
Beef is going up steadily, caused by a
general shortage. Low prices caused
the slaughtering of many cows and the
destruction of entire herds by those who
were discouraged and getting out of the
business. The result is a large deficiency
in the present supply. Better prices
will prevail for several years, at least,
Mutton leels the effect of the rise in
beef and has a strong tendency upward
Prices run from $2 50 to $3.25 per head
The winter has been a good one for the
sheep industry, and the flocks are in
prime condition, better than they will
be In a month from now unless we have
rain, as the pasturage will die out. - The
lambing season has been favorable and
the crop a phenomenally large one,
The wool is also extra good, the staple
unusually long and without a break.
The local market is well supplied with
seasonable vegetables, and in produce
there are no changes since last week.
We quote as follows :
Wheat 38 cents per bushel,
Oats 75 cents per 100 pounds.
Bablbt 55 cents per 100 pounds..
Floor $2 25 per barrel ; retail $2.60
Crop Feed $15.00 per ton.
Bhan $10.00 per ton. ,
' Potatoes 40 cents per sack.
Chickens $2.60 to $3 00 per dozen.
Eoos 8 cents per dozen. ,
Buttkb 30 to 40 cents per roll.
Wheat Hat $9 per ton.
Oat Hat $8 per ton.
Timotht $i2 per ton.
Wool 8) cents for best grade.
Wool Bags 39 cents.
Sheep Pelts 6 cents per pound.
Hides 6 to 6 per pound. ' "
The Eight Mlla Plcnia.
,. IF SO, READ THIS.
Just Received,.-
A Complete Assortment of GARDEN
and TIMBER SEEDS. We can save
you money. . Now wend your way to the
Big Brick, opposite Moody's Warehouse.
E. J. COLLINS & CO
Telephone 20. Terms Cash.
Hi There !
Q
W
D
W
Men's Straw Hats,
Boys' Straw Hats,
Misses' Straw Hats,
' Ladies' Straw Hats
Largest Assortment in th.6 City.
ROBERT E. WILLIAMS,
Blue Front Store, Opposite Diamond Mills
constitution prohibits the taxing of
those who have incomes, then the more on,v one went beforet besides the thous
suddenly the constitution is amended and 8nd ono trifles which economy never
the better.
Days, out wnicn tne spendthrift uses
and therefore creates, and is a true
philanthropist. God bless the spend
thrift! and send us good people here
at The Dalles several hundred dozen of
him.
COTTAGES NEEDED.
Both Bradstreet and Dunn's reports
of business lor last week show decided
improvement in all branches of business
throughout the United States, and the
feeling of confidence is rapidly being re
stored. The price of all farm products
is increasing, and many new industries
are being established in all parts of There is one thing our property own
Uncle Sam's domain, which will cause er8 muBt do if they expect The Dalles to
i ....
money to circulate more freely.' Not- row na ney musi ao it at once.
withstanding the croakinea of DrODhetB Tbt 58 to "Pd cottages for rent. There
to the contrary, 1895 gives promise of a is not vacant house in The Dalles to-
most successful vear as regards business. asv 8aitabIe for family of moderate
means that can be rented. Naturally if
a man comes here with bis family, be
wants to look around a little while be
fore investing bis money, and he does
! not want to buy a town lot and put up a
residence the first thing. There is not a
week passes but that some' person comes
While it is probably true that "Steve"
Elkins is not an ideal senator, it is true
that he Is visiting Oregon in the capacity
of a private citizen. The Oregonian's
insult was therefore gratuitous, and
gross. 1 .
Editor Chbonicle I see in a letter
from Eudersby, that the committee in
charge of the May-day' picnic had con
cluded to change the picnic from my
place to the Campbell grove. I would
beg leave to state that such is not the
case, as I am chairman of that com
mittee and know whereof I speak. .
I admit there has been some dissen
sion and they have started an opposi
tion picnic at the Campbell grove, but
the picnic on the first of . May will be at
my place, as formerly announced.
' Everybody is cordially invited to at
tend as a good time is expected.
There will be singing, speaking and
games of amusement too numerous to
mention.
The grove will be well cleaned up for
the 'occasion. Professor Parrott will
have charge of the singing and Miss
Nellie Allen will preside at the organ,
and everything will be done to make this
a grand success.
Come one, come all, with your baskets
well filled and let us enjoy ourselves.
W. H. Williams.
Crescents! Crescents! Crescents
Why pay $100 for a Bicycle
When you can get one for $55
We buy direct from the makers, and save you the jobber's profit.
We sell onr High-grade CRESCENT, with wood rim and Clineher tire, for. .180 CH
The same wheel; with Moruan & Wright tire. for. 75 Oi
- This wheel weighs 23 pounds. -
Onr SPECIAL CRESCENT, with either wood or steel rims, M. W. tires. .$55 ft
This wheel with wood rim weighs 28 pounds; with steel, 30 pounds.
Our SPECIAL CRESCENT will compare favorably with any $75 wheel on th
market, and we will give the same guarantee that is given on the highest
priced wheel sold. - uome and see our samples or send lor catalogue.
MAYS & CROWE, The Dalles
Blakeley & Houghton.
DRUGGISTS.
175 Second Street, - The Dalles, Oregon
A full line of all the Standard Patent Medicines,
Drugs, Chemicals, Etc.
., .',-ABTISTS MATERIALS.-.".
'Country and Mail Orders will receive prompt attention.
New England Marble Granite Works,
Calvin H. Weeks, Proprietor.
-WHOLE8ALX AND BETAIL DEALER IN-
Fine onnmental . Wori Imported .jStaluHfj.
Do not order Monumental Work until you ob ain our figures. You will fincf
that, for good work, our charges are always the lowest. Cash or time settlements
fas n referred! can be arranged for at greatly reduced fignres. . Send address for de4
signs and prices. . Second and Third-street cars pass our salesrooms.
720 Front Street, opp. the Failing School, PORTLAND, OR
Physician and Surgeon,
. ; DC7UR, OREGON.
W All profoMional call promptly attanda
Jb, dj and night. aprla
g ChlckMtrr Exlltk IMs Brw4
Pennyroyal pill
P CN. ritual mm! Oaly GcatlM. A
ViTKv un, relutM. uoici R
then Mtfuimiii ml
5VI
la hum Mrtlralan.