TO
THE DALLES WEEKLY CHRONICLE SATURDAY, JULY 11. 1896.
The. Weekly Ghfoniele.
N1TI0N1L REPUBLICAN V. TICKET.
.Ohio
For President,
WILLIAM M'KINLEY
For Vice-Preeldent,
GARRET A. HOBART . . . .New Jersey
. For Presidential Electors,
T. T. GEER Marlon County
8. M. YOBAN Lane
E. L- SMITH .........Wasco
J. F. CAFLES. .Multnomah
dangerous
STATE OFFICIALS.
ejTernor...vi.i.i......l...... W. P. Lord
OMtrotarv nf State HR KlnCaid
Treasurer Phillip Metschan
Bupt. of- Public Instruction u. lrwiu
ttnrnpT-neneral ....CM. Idleman
" IG. W. McBride
Bwators... jj.-H. MitcheU
. (B. Hermann
jougnramii I W. R. EUiS
tate Printer.. - ,...W. H. Leeds
IN A DILEMMA.
The situation of the Demociatic
.'. party is perilous. ' Nd matter what
action the politicians at Chicago may
take, dissension is imminent. The
expected triumph of the si'yer forces
will result in a bolt, open or con
cealed, by the gold men. 'Whitney,
, Hill and iRussell may not be expect
ed to publicly forswear temporary
allegiance to the party through
hich they expect future political
, preferment, but it is altogether like
ly that they and their followers will
vote against the free silver candi
date next November. If a straddle
is effected at Chicago it will cause
great dissatisfaction among both sil
ver ana gold men, since mere is an
earnest desire all over the country
that a plain, direct issue be pre
sented.
Should the convention nominate
Teller, he will be repudiated at the
polls by thousands of loyal Demo
crats who will refuse to support a
renegade Republican, and the Greely
campaign of 1872 will be repeated
with like result. Should Teller not
be nominated, the ticket will not re
ceive the support of the Populists
, without which success is impossible
Erom any point the view may be
taken the scene is dispiriting enough
to make the life-long Democrat who
has seen better things, cry "All is
vanity and vexation of spirit."
The Democratic party has suffered
disruption before, and it looks as
; though history were to repeat itself
now. The party dissensions in the
election preceding the war gave the
Republican party an unbroken lease
of power for twenty-four years,
The signs of the times point to a Re
publican victory which will insure
Republican rule for many years." In
such an event lies the only hope of
national prosperity.
Since it is conceded that the polit
ical conditions now resemble in
many ways those of 1860, the fol
lowers of Pennoyer can hope to see
a further reproduction in the vice-
presidential nomination. - In 1860
Joseph Lane of Oregon was nomin
ated for the vice-presidency along
with Breckcnridge. Lane was no
more widely known than Pennoyer
and Oregon cot half the state then it
is now. The Pennoyer worshippers
should not be discouraged, but press
every - effort to secure the nomina
tion for our - Democratic-Populist-
demagogical-states rights ex-go ver
nor. He should be right in the swim
with the Chicago crowd. .
A DANGEROUS EXPERIMENT.
A ; correspondent under the nom
3e plume oF "Truth seeker" ad
dresses The Chronicle as follows:
: "You speak of free silver coinage as
'an experiment.'. I have always
been under the impression that sil
ver was coined free until 1873 and
was "a decided success, but was de
monetized without the knowledge or
consent cf the American people by
an act which is sometimes spoken of
as the crime of '73.' I have also
been taught to believe that the silver
dollar, was the original unit of value
by which the gold dollar was meas-
: ured." .. ' :
To put in practical operation the
scheme proposed by the free coinage
advocates would be trying a decided
experiment' - Never in . the history
of the country has an attempt been
made to coin silver and gold at other
ratios than their commeicial . values.
ThO ratios which . at varinna timM
have been adopted have all been
based on the relative commercial
values of the two metals, and were
possible only because the fluctuation
in value in the early history of the
country was not nearly so great as it
is now. The free silver men wish to
coin silver at the fixed ratio of 16 to
1, ignoring altogether the relative
commercial values which' the two
metals possess. This would be an
experiment, and a most
one at that. . . '..
; Silver was never coined free to
any extent up to 1878, as the total
amount of silver dollars coined up to
that date was only $8,000,000. Van..
ous coins were used as money, those
of many foreign nations being al
lowed to pass as mediunft of ex
change. Since "1873 an amount of
silver has been coined many times as
great as that coined prior to that
date. -
It is but idle talk to refer to the
act of 1873 as a "great crime. It
is no more or a crime than the act
restoring equitable duties upon tariff
imports under the McKinley admin
istration will be. For three years
preceding its passage the provisions
of the act were discussed in congress
and in the press. Its purport was
made known and those who voted
for it did so with a full knowledge
of their action. The crime of '78 is
but a myth, a bugbear used to fright
en unthinking people.
Whether or not the silver dollar
was the unit of value a hundred
years ago, has nothing to do with
whether or not it should occupy
such a position to.lay. Times are
changed wtt'i the night or years,
and what might suffice at one time
will not do so fifty years later. But
the silver dollar was not' intended to
be the unit of value bv our forer
fathers. .They endeavored to secure
a unit from the relation or the two
metals based upon their commercial
values. The attempt was not a sue
cess, and the experience or years
showed that gold was the better
standard. And so gold has come to
be the recognized standard of value
in all civilized countries.
The excellent editorial in today's
Oregonian, and one of like mefit in
yesterday s Telegram, discusses al
most these same points.
its instability a3 a measure of con
tracts, and mutability as the practi
cal currency' of a particular nation,
are serious imperfections. Whilst
the impossibility .of maintaining both
metal? in concurrent,' simultaneous.
or promiscuous circulation appears to
be clearly ascertained." .', 7
"That the standard being fixed in
one metal is the nearest approach to
invariableness, and precludes the ne
cessity of further legislative! inter
ference." . -.. .-'..
"That if it be deemed advisable
to .maintain both gold and silver
coins in steady circulation, and to
preserve silver as : the measure of
commerce aud - or contracts, gold
must be restricted to small pay
ments. ' , (And vice versa if gold
shall be the measure.) ';'
SOME SUBSTANTIAL REASONS.
A report made to congress in 1834
gave some substantial reasons whv
the monetary system of the country
should be based upon a single stand
ard. That standard should consist
of the metal which has been found
best to suit the purpose. Gold has
never fluctuated in value to the ex
tent that other metals have, and has
been adopted by the great nations of
the world as the best standard of
value. Under the gold standard bi
metallism is possible since both
metals can circulate together. Uh-
der a silver standard there will be
silver monometalism. The report
of the commission, which follows, is
as applicable to the situation today
as it was in 1834: .
"That gold or silver is the only
sound, invariable and perfect cur
rency that human wisdom has devised."
"That one metal may be selected
with a certain assurance of finding
in the metal chosen such proportion
of the entire amount of the money
of commerce as their exchangable
commodities bear to the total amount
of merchandise produced."
'If both metals are preferred, the
like relative proportion of the ag
gregate of the metallic cui rency will
be possessed, subject to frequent
changes from gold to silver arid vice
versa, according to the variations in
the relative value of these metals.
"That the desideratum in the mon
etary system is a standard of uni
form value; they (the committee)
cannot ascertain that both metals
have ever circulated simultaneously,'
concurrently, and indiscriminately in
any country where there are banks or
money dealers; and they entertain
the conviction that the nearest ap
proach to an invariable standard
is its establishment in one metil,
which metal shall compose exclusive
ly the currency of the country.".
Hence," it concludes, "That there
are inherent and incurable defects in
the system which regulates the stand
ard of value in both gold and silyer,
A communication published on an
other page will amuse as it will fail
to instruct those who read it. It is
the argument of one who believes
that by- the independant action of
this government the value of silver
can be doubled. The arguments he
advances can be applied to copper,
iron, or any other metal with equal
force. He admits the charge of in
sincerity . of purpose which is made
against the free silver advocates by
saying that the silver men want the
privilege of taking sixty cents worth
of silver to the mint and having it
stamped a dollar. . Such a plea needs
nor deserves no answer. The com
munication is printed merely to
show to what lengths of folly a man
will go who assumes his premises and
argues from them. There must be
but one standard' of value, and ex
perience has shown gold to be the
best. Despite all statements to the
contrary, this country has enjoyed
its greatest .reriod of prosperity
since 1873, thi time when, according
to "Trutbseeker," the "great crime"
yva.i committed.
WATCH
THIS
SPACE
In next week's issue for the particulars of
Qur
Com
Great
Removal
Sale
mencms:
Monday
next
Which promises to be an event of Price-Cutting
in the history of The Dalles. Every item in the
house to be reduced. --
Watch Our Ads.
The silver men showed their
strength j'esterday in the vote de
feating Hill for the temporary chair
manship. If the mob of silver
agitators can be held in any sort of
control, there is no reason why they
should not dominate every action of
the convention. The country will
then have a plain issue before it, and
the people can decide whether or not
we shall slump to the- silver basis.
A. M. WILLIAMS & CO.
COLONEL DAY'S NEW SCHEME.
Looks Being; Finished, He Will
Transportation Business.
Enter
Four years ago the Democratic
party wanted the country to try
free trade policy. It did so, and
behold the results!- Now this same
Democratic party wants the nation
to experiment with free silver. Is
there any reason to believe the Dem
ocratic party is nearer right now
than it was four years ago? .
lhe Democratic convention now
meeting in Chicago will have a
place in history. For bitterness of
feeling and expression it is une
quailed in recent years. Men are
wrangling for an opportunity to lead
& broken party to utter defeat next
November. ;
.The speech of Garrett Hobart in
accepting the vice -presidential nom
inatiou shows him to be a man of
courage and force. As the cam
paign progresses the wisdom of the
convention in naming the ticket
it did will be all the more apparent,
The coming campaign promises to
be fought for principles, not men.
It is just the same to the Republi
cans.. They are willing to rest their
case on their candidate or platform
They are ashamed of neither.
A Bawallaa Newspaper.
We had the pleasure yesterday of ex
amining a paper printed at Honolulu in
che Hawaiian islands. It was a copy of
tbe Hawaiian Gazette, now in its thirty
eighth volume, an eight page eeml
weekly. It is well filled with the world's
general news, and its appearance and
tone throughout is that of a prosperous
American country weekly newspaper.
If it was not for the location where it .is
published, named at the heading of the
paper, one would take it for an Ameri
can newspaper..:': The greatest part of
its news and editorial columns ia on
American subjects. , American politics
forma it8 chief speculation, and the read
ers of the Gazette are made much more
familiar with oar public men and the
states they hail from than are we with
the Hawaiian islands. . Once or twice a
year might comprise our entire number
of references to them, but the Gazette
a filled weekly with American topics,
One would think - Hawaii wag an an
nexed province of tne United States
from observing the interest taken
the Honolulu Gazette. : . :' ..
by
The Oregonian today- announces an
entirely new feature in the transporta
tion service of Oregon.' Col. John G.
Day and his son, Isaiah 'N. Day, who
have completed the locks at the cas
cades, will now engage in a buainess
that promises almost to revolutionize
the transportation service of the Inland
Empire, The purpose is to place on the
Columbia river s fleet of steel-built
steamers especially designed for swift
water navigation, and also to be oper
ated in connection with tbe proposed
boat railway, between The Dalles and
Deschutes river. , . . ..
Uolonel J. (i. Day, bead of tbe enter
prise, will leave for the East in a few
days, to visit the various shipyards. He
will order the construction of steel hulls
for two steamers especially designed for
Columbia river traffic, the plates and
ribs to be made of the highest-grade of
steel, so as to secure strength and light
ness. Each vessel will be provided with
screw propellers, and twin auxiliaries, the
latter specially designed, with telescopic
shields, so they can be readily operated
in case oi extreme necessity.
One of tbe new boats will be put in
service on the upper Columbia river;
the other wilt be run between Portland
and The Dalles, passing through the
locks at tbe Cascades.
The purpose of the new company will
be to engage not only in local traffic, but
also in other industries, along the mid
dle Columbia section, when business
justifies additional investment.
Chance to Kxhlblt Oar Kesoarees.
Tie Price on Farm wagons pas Dropped;
During the first week of September,
1896, the national encampment of the
G. A. R. will be held in St. Paul and the
Knights of Pythias convention and car
nival in Minneapolis. At tbe same
time will occur the Minnesota state fair
and Northwestern exposition, midway
between the twin cities. A one cent a
mile rate will be available for all these
events from the great states south and
east of St. Paul. This will result in
bringing from 150,000 to 300,000 visitors
to the state fair, concentrated from states
in the union. It was an event of a sim
ilar character that started the great im
migration and developmental move
ment in California in '86-'87. An
opportunity now exists to accomplish
tbe same result for tbe states of the
Northwest and turn tbe great movement
of immigration northwestward. '.
The State Fair Association haa set
aside a apace 100x300 feet in a large
building immediately west of the grand
stand, to be devoted to exhibits of tbe
products of the Northwest. This build
ing ia paved with asphalt, splendidly
lighted, well protected, and most excel
lently adapted for an exhibition of tbe
mineral, agricultural and forestry re
sources of the Northwest, and such ex
hibits made at that time will be most
advantageous in obtaining the immigra
tion which we are all working to 'secure.
The Minnesota State Agricultural so
ciety invitee the atates, cities, counties
and individual citizens of the North
west to make exhibits of their respective
resources in this building.': Space will
be assigned gratis and admission tickets
to the grounds will be issued free to
those actually in charge of the exhibits.
The fair management will also co-oper
ate in every other way it consistently
can to assist in this most worthy cause.
Anyone interested in this work may
correspond with D. B. McGinnis, vice
president, or E. - W. Randall, secretary,
St. Paul, Minn.
r That is, the price on some wagons has fallen below our price on "OLD
HICKORY" Wagons. Why? Because no other wagon on tbe market will sell
alongside of tbe "OLD HICKORY" at the same prices. It is the best ironed,
best painted and lightest running, and we guarantee every bit of material in it to
be strictly first-clrss. If you want the CHEAPEST Wagon on the market,jwe
haven't got it; but we have got the BEST, and solicit comparison.
MAYS & CROWE, The Dalles, Or.
Maier & Benton
... . . . . . .. I '
ARE NOW LOCATED AT
167 Second Street, opp. A. m. wmiams & Co.,
.with a full line of.
Stoves, Hardware and Groceries.
The Dalles Commission Co.,
. Commission Merchants.
Fruits, Vegetables and Produce
RECEIVED ON CONSIGNMENT.
Prompt returns and best prices guaranteed'. All kinds of Fruit and Vege
table Boxes and Crates furnished to shippers at lowest rates. Call and aee us be
fore making shipments. . Corner Second and Washington Sts., The Dalles, Or.
New iampioD, Foot-Lift, Wobble-Geared Mower.
Fewest wearing parts, lightest running, high-cutting
speed. Especially adapted for cutting grass or coarse grain.
' THE NEW CHAMPION TWINE BINDER, simple
in construction, and, like the Mower, few repairs needed. '
JOS. T. PETERS & CO., Agents.