nity Library
Oregon
Court
mid
CIRCULATION GUARANTEED LARGER THAN ALL OTHER PAPERS IN COUNTY COMBINED
City
COURIER ESTABLISHED MAY, 1883
HERALD ESTABLISHED JULY, 1893
CONSOLIDATED SEPTEMBER, S98
ACKET
We are agents for the Celebrated Red
Jacket Pump "So Easy to Kix" for any
depth well. It pumps the easiet-tof any
pump made. If your are not satisfied we
will return your money. We are head
quarters for Hardware, Stoves, Agricul
tural Machinery, Waguj Wood ftock,
Blacksmith's Stock, Garden Tools, Hose,
Screen Doors and Binder Twine.
Plumbing and General Jobbing.
POPE & CO.
Cor, 4th and MaluStf. OREGON CITY, OR.
THE MONEI QUESTION.
Metallic Money Xot Kecexsary.
Some years ago, prior to coming from
the East to the Pacific coast, I operated
extensively and successfully farming,
shipping and raising stock, without us
ing gold, silver or greenbacks in any of
my busiuess transactions. When I
would start to buy stock through the
country I gava bank checks for all I
bought, and when I 6old I received
a check for the amouutand I exchanged
it for a check of deposit, and I then
kept on buying and checking, etc., for
more stock.
When my checks arrived at the bank
for collection they were paid witlf na
tional bank currency that only cost the
banker l.per cent for the issue.
At the the commencement of the na
tional banking system each bank bought
from one to one hundred and fifty thou
RRLLOMY &
THE
How Can I Drape
My Lace Curtains?
Has been the question.
This illustration shows a Ruffled
Bobbinet Curtain with Point de
Paris Lace and Insertion, and
shows what a handsome effect can
be produced at small cost.
. Ruffled curtains should be used
as Sill Curtains, not hanging over
six inches below the sill, making a
graceful, stylish, washable and in
expensive drapery.
Our Granite, Tin and Iron Ware is
sold at Hard Time Prices.
No advance.
Tlie Habit of Buying Carpets at Bellomy & Busch's is a
goal habit. It Is a rapidly growing habit with all Clackamas
County. It is a habit by which thousands save in their daily
monthly and yearly expenditures. It is a habit that becomes
more fixed the oftener people buy here, and the broad reason is
satisfaction. People are satisfied with our goods. People are
satisfied with our prices. People are satisfied with the ways of
the store, its manners and methods.
Baking Powder
Made from pure
cream of tartar.
Safeguards the food
against alum
A-um baking powders are the greatest
menacers to health of the present day.
ROYAL BAKING POWDER CO., NEW YORK.
sand United States bonds. Thev were
not taxable, drawing 4 per cent interest,
payable quarterly. 'They deposited them
with the secretary of the tr.eaeury and
he issued them 90 cent on the dollar
ninety dollars oo the hundred and nine
hundred on the thousand of national
bank currency. And that was tlio kiud
of money they paid my checks with, and
I paid them well for the trouble.
The biteia of my whole operation was
my fine farm, fat cattle and hogs, not
gold.
In justice to the people, the govern ment
snould abolish the fy stein of issu
ing paper to national banks. If it has
money to give away, why not distribute
it among the destitute, the poor and the
needy that will appreciate it?
My experience and observation is that
neat lv all large transactions are done
with checks and drafts, and the green
backs are more convenient to carry
around to do business with than either
gold or silver. But we cannot conven
iently despense with silver for email
eh.ai.ge, ut.le is we adopt scrip, as we did
at the time of the rebellion. For con
venience, a certain amount of it ought to
be at all the pojtoftices, for ma ling, as
well as stamps. If we are obliged to
dispense with any, I cay by all tueai s
dispense with gold ; we can better epare
it in all the transactions of business than
we can silver and greenbacks. And. as
our United States bonds, interest and
principal, are payable in coin, why not
HOUSEFURNISHERS
ilpii
mi . .
Bowl and Pitcher,
plain ware, $1.00
KjpntPts,-
1 1
OREGON CITY, OREGON,
' encourage our silver industry and work
I the mines to their full capacity and pay
; the bonds when they become due and
stop the interest? It is not good policy
! to pay the present price for gold bullion
; for coinage when issuing the greenbacks
will not cost any more, if as mucn
as coining the gold bullion. They
are both full legal tender and have the
same paying and purchasing power;
then why not economise and save the
100 per cent that is paid for gold bullion
for coining?
I can't see why our greenbacks are
now payable in coin, when their actual
basis is the credit and the wealth of the
people. During the Abraham Lincoln
administration all our greenbacks, even
the 4l50.000.000 of full legal tender notes
that were first issued, were payable in
current funds, which means our govern
ment stamp on silver certificates, green
backs, national bank paper and the two
metals, silver and gold. What was the
object in changing them and making
them payable in coin, unless it was and
is for the purpose of robbing the people
for the benefit of soulless sharks? When
our government stamp on paper has the
same paying and purchasing power as it
has on metals, why not use the green
backs for the purchase of metals for coin
ing and ail other commodities that are
for sale'
Intrinsic value of money, as I under
stand it, means the actual value of the
metal it is made of. In order to show
that that theory is false, I will undertake
to explain : Money is a medium of ex
change, a creation of law. What is the
value of the material that a twenty-dollar
greenback is made of? Is the paper
in it worth half a cent? Then what
places the additional value of $19.99.5 on
it? Is it not the government stamp?
If the bullion value of Bilver is only 50
or 55 cents, what puts tr.e additional
value into it after it is coined that it
pastes for a dollar? Is it not the gov
ernment stamp? Then the intrinsic or
actual value of the matCTlal it is made ol
has nothing to do with its real value
after it is coined that it readily passes
for its face value. The reason that gold
coin and bullion are of the same value
is that g ld has a free and unlimited
coinage, which our silver has not. It
our government passes a law authorizing
the free and unlimited coinage of silver
that will create a demand for all the ail-
BUSCH
Novelty Curtains
With e very purchase of at least
one pair of Lace Curtains we give
a lfttle picture showing a simple
but very artistic style of draping
bay windows.
Price of Novelty Curtains:
L $1-50, $2.50, $2.7 S and $4.00.
Hammocks from
;sc to $4-75
Portieres, Pair Extension Tables $j.7S up ,
$1-75 up- F Vrt Vlt 3dkJs $10.00 up
OUR PRICES
FRIDAY, AUGUST 4,
ver bullion for coining, and who would I
sell their silver bullion for any less than
a dollar when it is worth that and pusses
for it after it is coined? I
, Our gold friends tell us our greenbacks 1
mtiBt be redeemed. When an individual ' , . , , . ,
. , . . , ton ,,,. . This celebrated binder has gained en enviable reputation m the ast four
goes to a store and buys $20 worth of yearg in 0ngfm, it represents lever power us applied to l.bding grain. Itwil
goods and gives the merchant a $20 run lighter, last longer and bind tighter than any other binder in the market,
greenback does he not redeem the goods The Jones Chain Drive foot lift Mower has no baik lath, runs lijjil and is verv
he bought with the greenback, and does drabl- Wil1 ct havy grass with ease.
not the merchant redeem the green- I also carry a full line of Hay Rakes, Tedders, Hay Too.'s, Advance Thresh
back in exchange for the goods he sold, ?rs a,nd 'rction Engines, Jo'inDee,re plow 8 " "B a f, il of Agri. ultural
. f , , , Implements and v ehicles. Call and see me before buying.
inn Pfln ha nnt hntt anil vailcnm mnva j rt
goods with it if he desires fo do so? Are
not gold, silver and greenbacks re
deemed every time they are given in ex-!
change for something ehe?
The prosperity of the country and the
people depends upon the expansion of
silver and greenbacks in addiiion to
what gold we have in circulation. What
is the matter with our gre nbacks that
clothed, fed and paid ou- soldiers and
iefrayed theexpensesof our government
luring the rebellion and saved our coun
try from a heavy bonded indebtedness
with an exception clause on them which
at that time destroyed their legal tender
qualities and depreciated their value?
Now our greenbacks are a full legal ten
der, and have been since Geneial Grant
was president. They are accepted for
customs and all other dues. I see no
just reason why they should not have
answered our purpose in everj respect
in our war with Spain, without issuing
interest-bearing bonds to tax and bur
den the people.
I am well aware that the money power
will kick against any legislation that will
prevent it from enriching itself at the
expense of the government and the peo
ple.
Our respected and esteemed statesman
James G. Blaine, in a speech in the
United States senate in 1878, said : "If,
therefore, silver has been demonetized,
I am in favor of remonetissing it. If its
coinage haB been prohibited, I am in fa
vor of having it resumed. If it has been
restricted, I am in favor of having it en
larged." ALL MONEY IS FIAT.
Authorities:
"Whatever the government agrees to
receive in payment of the public dues is
money, no matter what lis form may
be." Henry Clay.
"The theory of ihe lntiinsic value of
ljoiiey has been abandoned by the best
writers and speakers." Encyclopedia
Uri tanica.
"Metallic money, while acting as coin,
is identical with paper money in respect
to being destitute of intrinsic vilue."
North American Review.
"An article is determined to be money
by reason of the performance by it of
certain functions, without regard to its
form orfcubstance." Appletou's Ameri
can Encyclopedia.
"The gold dollar is not a commodity
having an intrinsic value, but money
having a statutory value, and every dol
lar has the same value, without regard
to mat ,'iiul." Iowa Supreme Coui t,
"Money is not a substance, but an im
pression oflegal decree." United States
Supreme Court.
"There is legally no such thing as
gold and silver money. Money is the
sovereign authority impressed on that
which is capable of taking and retaining
the impression. That upon which the
stamp is placed is called coin. The coin
may be metals, parchment or paper.
The value is in the stamp, and not in
the metal or material." Judge Tuffany
on Constitutional Law.
The London Times in 1805, in the in
terest of the British monarchy, had the
following significant comment to make
regarding Lincoln's greenbacks:
"If that mischievous policy which had
its origin in the North American repub
lic during the late war in that country
should become indurated down to a fix
ture, then that country will furnish its
money without cost. It will have all
the money that is necessary to carry on
its trade and its commerce. It will be
come prosperous beyond precedent in
the history pf the civilized governments
of the world. The brains and wealth of
all countries will goto North America.
That government must be destroyed or
it will destray every monarchy on the
globe."
For the benefit of those engaged in
the gold and silver industry, I think our
government ought to coin all their bul
lion for them for merely the cost of coin
ing. The inconsistency of our government
putting an exception clause on our green
backs at the time of the rebellion and
going back on its own paper money by
not accepting it in payment of customs
dues to go into the United States treas
ury! Individuals guilty of going back
on their own paper would be considered
so wretchedly d;shonest that they would
be scorned by all honest men. Honest
Abraham Lincoln, a man of the people
who toiled and split rails in Lit early
life, who loved both poor and rich and
was dearly loved by all, must have been
given a very bitter pill to swallow when
they placed before him for his sfgnature
the iniquitous bill putting the exception
1899.
Jones
Lever
gSt:T ,.;,.,rw&,r,i iirr -''
EDWARD
Corner Front and Taylor Stroets,
clause on our greenbacks. I cannot see
what possessed the good man to sign the
infamous bid, robbing himeelf, depreci
ating and reducing his own Balr.ry and
the pay of the soldiers who were fighting
and enduring hardships and privation
to save the union and also depreciating
and reducing the value of the currency
in circulation among the people. What
inconsistency to sacrifice our president,
our Boldiurs and the people, and all for
the purpose of benefiting the soulless
gold sharks of Wall street and other
money centers in adding to their for
tunes.
The difference between President Lin
coln and General Grant la regard to
money muters was that President Lin
coin in not vetoing the infauvm bill to
put the exception- clause on the green
backs, received his salary in depreciated
currency, at one time worth only a little
more than one-half its face value. Gen-
eial Grant, if he did veto other bills, he
did not veto the salary grab bill, raising
his own salary to $50,000 a year, and
had the customs house authorities in
structed to accept the greenbacks in
payment of duty on imports. The paper
ih received for his salary was at par
wi h gold an 1 greenbacks have been at
par ever since.
Why not issue greenbacks and citu-
ate them to the amount of from $55 to
(i0 per capita, payable in current funds,
as they were during Lincoln's, Johnson's
and Grant's administrations and since
Our
Guarantee
Has gone along with every battle of Dr. Baker's
Celery Kola and still we never have had a customer ask
for his money back. This is especially gratifying when
hardly a day passes without a satisfied customer comes
in to get "just one more bottle to complete the cure."
One man sends down from Aurora for three more
bottles and says he is certain that these will cure his wife
as the first one she took did her more good than all the
medicine she had taken in a year. As I have not heard
anything to the contrary from him I fully believe these
four bottles have cured his wife; and his total outlay for
this medicine amounted to $2,60.
Celery and Kola Compound was first made as a
woman's medicine but I have fully as good reports from
men. One old gentlemen, who came in a few days ago
for another bottle, said the first time we told him if it did no
good to come and get his 6$ cents, but it did him so much
good that he wanted another, and that we need not guar
antee this one. Celery and Kola possesses a great ad.
vantage over the ordinary Celery Compounds in that the
addition of Cocoa Leaves and Kola Nut add at least one
half to its efficien:y. According to reports of Dr.
Schuchardt of Gotba:
. Kolo is especially useful in conditions of weak heart,
in neuralgia, in dyspepsia, in chronic and obstinate
diarrhea and finally as an exhilarant in all cases of mental
depression.
For sale only by
. , C. Q.
17th YEAR, NO. 11
Binder
HUGHES
PJRTIAW, OREGON
until they were made payable in coin, in
addition to what noil mid silver ve have
in circulating that we may havo Ihe
uloriiius good times predicted by tin
London Times in 1805, in every respect
except that our republic mint be de
stroyed that monarchy may survivs?
And why not issue the sreenbicks and
put them in circulation among the peo
ple to do the busines of the country for
the people and save the government the
100 per cent it is pan g (or gold bullion
for coining? What inconsistency to
compel the business of tho country and
the ieopla to be done lit such au unrea
sonable, enorm ms and ruinous expense.
The itold dollar is a dUhonest dollar that
is robbing the country and the people
out of the 10) per cent that is paid for
gold for coining. What is the object of
wasting so much gold metal iu coin
when the government 8' amp on paper
has the very s:ime paying and purchas
ing power, at little or no expense.
How absurd to coinp-1 the business of
our lovely country and our people to ba
done at an expenpe of 100 per cent, and
how wicked it was and is to involve our
lovely country anil rnr people with interest-bearing
bond".
Open the treasury, more than the
mints, to save the country the 100 "r
cent that is paid for gold metal for coin
ing, and save the geenbai-k that saved
the nation's life. Give us a national
currency as sou id ss man can make it,
w ith no exception clause, that will come
as a benedi'-tion without money and
without price.
And why not have government bnnks
! ,n 10 husmees Willi tlie peop e direct;
: That will secure and protect depositors,
J. C. C.
HUNTLEY ; y;; r
Prescription Druggist
OREGON CITY, OREGON
t