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Toe Dalles Daily Chronicle,
OFFICIAL FAl'Ktt OF llALLKB CITY.
AND WASCO COUNTY.
ate red at the Foitofflce nt The l)llM, Oregon,
u iccond-claRs mutter.
SUBSCRIPTION RATES.
BY MAIL, rOSTAOK HI MID, IN ADYANCK.
Wkry,lyear... J S?
fi month? J
it 3 u , 0 W)
ftdty.lycM.. CW
t moiuns -
i ii U OU j
Address all coinmunlcanon to i ur, iiinu.v
IOLE," The Dalles, OreRon.
I'oni-omt.
OrFICK HOUR
General Delivery Window S a. m
Money Order " S . m
Sunday H I) " 9 a.m.
CLOSING OF MAIM
trains roIub Kast Op.ni.nnd
" West 9 yij. ami
Btajre for Goldendale.....jl.....
" " l'rinevillo... ,Jft.
ii iinnfiir.iiwt arm stirrntrs
" (LcAYing for I.yle .t ltartland.
" jAiueiujn:...
Except Sunday.
Tri-weckly. Tucsdnv Thursday and
J " Monday Wednesday and
to 7 . in.
to I . m.
to 10 ii. m.
11:45 a.m.
3:30 p. m.
,7:30n. m.
..'::w n. m.
.fl'SO n. m.
,5:S0a. m.
Saturday.
Friday.
TUESDAY,
- - AUG. 8, 189:5.
A GOOD BILL.
The best plan that has yet come to our
attention to relieve the ilnancial strin
gency and restore confidence, to do so
immediately and at the same time ob
literate all traces of iteelf once its object
is accomplished, is found in the follow
ing bill which Tom Johnson, of Ohio,
proposes to introduce in the house. If
President Cleveland can equal it in his
message today he will have to hustle.
To the Cleveland Chamber of Commerce :
Gentlemen Believing that the finan
cial pressure now existing demands
prompt and adequate relief, I propose
on the first day of the coming session to
introduce in the house of representatives
the following bill:
An Act to Permit the Exchange or
United Stater Bonds Fou Treasury
Notes :
Be it enacted by the senate and house of
representatives of the United ktates oj
America, in congress assembled, That any
holders of bonds of the United States
mav, after the passage of this act, de
posit such bonds at the treasury of the
United States, or at the office of any
assistant treasurer of the United States,
and receive therefor their face value in
treasury notes of the United States, as
described in the act of July 14, 1S!)0.
Such bonds shall be held as a special
deposit to the credit of the party depos
iting them, and during the time they
arc so held shall draw no interest, and
and shall be returned on the order of the
party depositing them on the payment
5- of their face value in United States
currency.
Sec. 2. The secretary of the treasury
Bhall make such regulations as may be
necessary to save to the government the
payment of interest on such bonds dur
ing the time they are held as a special
deposit, and he is hereby authorized to
iesue treasury notes to the amount
needed and to provide for the cancella
tion of an equal amount of such notes
on the return of said bonds to their
owners, and a sum sufficient to carry
into effect the provisions of thi3 act ii
hereby appropriated out of any money
in the treasury not otherwise appro
priated. Sec. D. All acts and parts of acts in
consistent with the provisions of this act
are hereby repealed.
Whatever bo the primary causes of
the financial difficulties now paralyzing
business and stopping industry, it i
clear lhat their first appearance wa
largely due to the impairment of confi
dence through fear of an impending
change in the measure of values. But
the main and pressing difficulty now is,
the scarcity of the medium of exchange.
While the shrinkage of credits has in
creased the need for money, its available
volume has been greatly lessened by
tiie strengthening of reserves by banks
and savings institutions, and by the
boarding of individuals under fear of, or
the desire to bring about, a still greater
scarcity.
The repeal of the Sherman act, which
1 confidently anticipate, while it will
ullay fears of any change in the measure
of values, will do nothing directly to in-creai-e
the medium of exchange. On
the contrary, by stopping the itsuu of
treasury notes for silver, it will lot-fen
th'J supply. The only meaaurii looking
to relief of the need for money, yet pro
posed with any hope of the necessary
consent, is that of permitting the na
tional banks to extend their lsi' lo
the face value of their deposited bonds,
but this, while certain to arouse dispute
ami consequently eau-o delay would in
crease the currency only mine $17,C0V
000.
The bill I send you, al'owing all hold
ers ol United States bonds to turn them
into money, for such time as they may
be willing to forego interest, oilers a
simple, safe, immediate and sulllcieut
remedy for tho abnormal scarcity of
money. Beyond the bonds deposited to
secure the national bank circulation,
there are in existonco $400,000,00 gov
ernment bonds, largely held by financial
institutions. For instance, "Tho Society
for Savings" of our own city, the largest
and strongest financial institution in
Ohio, holds today 2,000,000 of these
bonds. Yet though undoubted security,
these bonds cannot at present bo con
verted into money with which to meet
any demand of its depository without
- loss to the society and increaso in the
general financial pressure, it could
only sell them at present at a great sac
rifice of their normal valuo and could
only borrow on them nt a rate much ex
ceeding what they yield. Either course
would increaeo the general demand for
money while actually decreasing the
gonerat supply, for the fact that euch n
bank was sacrificing Us securities to get
money would increaso the feeling of
panic, which grows by what it feeds on.
Now, this is precisely tho situation
of similar institutions not only through
out our city and state, but over the
whole union. So much is human ac
tion governed by imagination, so strong
is the impulse to do whatever we see
our neighbors doing, or even think that
they are about to do, that it is entirely
possible, with an abundance of money
in the country to meet all usual de
mands, for financial stringency to grow
to a poiut that would reduce us almost
to a state of barter, all but stop produc
tion and beggar all but the very rich.
The possibility of at once converting
United States bonds into money would
entirely do away with such danger and
at once end the financial stringency. It
is not so much the amount that would
bo converted that would tell, but the
amount that could be converted, if there
was need.
The government would run no risk.
It would merely exchange interest
bearing obligations into non-interest
bearing obligations, with a saving, for
the time, of interest.
There would be no loss of the selling
value of bonds to the holders and no
permanent expansion of the currency,
for as soon as money, ceasing to be
hoarded, became normally abundant
again, borrowing rates would fall, the
price of bonds would rise, and it would
be to the interest of the holders of the
deposited bonds to reclaim them and
return again to the treasury the money
issued on them.
I introduced into the last congress a
bill intended to add to our currency sys
tem the elastic feature of an incontro
vertibility of bonds and treasury notes.
The bill I now propose puts the same
principle in a way better adapted to
meet the exigency that has now arisen
and to avoid matters over which there
might be dispute. Believing that it
offers a simple, prompt and unobjec
tionable remedy for most pressing evils,
and desiring its consideration by my
constituents and the general public, 1
thus lay it before you in advance of
presentation. Your very truly,
To:t 1.. Johnson.
Fort Hamilton, N. Y Aug. 1, I $03.
Wliut Your firi-at Grandmother Did.
She lietcheled the flax and carded the
wool, and wove the linen, and .-nun the
tow, and made the clothes for her hus
band and ten children. She made but
tery and cheese, she .lipped tallow cau
dles to light the house at nteht, and lie
cooked all the food for her household !.
au open fire-place and a brick nvn,
Yes; and when she was forty years of
age, she was already an old lady whose
best days were over. Her shouldeir
were bent and her joints enlarged ty
hard labor, and she wore spectacles and
a cap. Her great granddaughter, with
all the modern conveniences for com
fort, refinement and luxury, may be as
charming and attractive at forty-five as
at twenty. Especially is this true if mIh;
preserves her health and beauty by the
use of Dr. Pierce's Favorite l'rescrip
tion, which wards off all female ail
ments and irregularit'es, cures then, il
they already exist, keeps the life cur
rent healthful and vigorous, and eua
ables the woman of middle age to re
tain tho freshness of girlhood upon
brow and cheek, the light of youth in
her eyes, and its elasticity in her step.
Sold by all drungists.
Plain enough
the way to a clear complexion,
freu from blotches, pimples, erup
tions, yclloMjMLUid .roughness.
Purify yoUFnraroa, and ydn havo it.
With pure, rich blood, an active
liver, good appetite and digestion,
tho hue of health follows. Doctor
Fiercc'ss Golden Medical Discovery
gives you all of them. It is the
blood-puriticr. There's no lack of
them, but there's none like this.
It's guaranteed to accomplish all
that's claimed for it. In all dis
eases arising from torpid liver and
impure blood, it benefits or cures,
or the money is refunded. With
an ordinary medicine, it couldn't
be done. But this isn't, an ordi
nary medicine.
It is the cheapest blood -purifier
sold, through druggists, because you
only pay for the good you get.
Can you ask more ?
The " Discovery " acts equally
well all the year round.
the Dalles
AND
Prineville
1 Line
J. D. PARISH, Prop.
Leaves The Dalles nt G a. ra. uvery day, and ar I
rivi at l'linuvillc In thirty-tlx hour U'iiv.-s
I'rinevllo at 5 n. m. every 'lay, and arrive. at
Tho Dul lea in thirty-six hour-
Carties (he U. S. Mail, Passengers and Express
Connects at l'riri-"Illo tTith-
Stazes from Eastern and Southern Or
egon, Northern Oalifornia and
all Interior Points.
A'-" mmisi-s clo-! connection at The Dulles with
inn-from l'ortland und Knstcrn points.
cneons diners.
wed accommodations along the road.
. First-class Coaches and Horses used.
Express matter handled with special care.
HTAOK OKK1CKH;
31. Hlcliel i- Cn.'i Htor, IJmntlllii f!mie,
Prineville. flit) Inll-.
u
COMPOUND.
A recent discovery by an old
physician. Succarfu'.'.u wed
fAonthlu by tlyjutandi of
Ladle: b tho only p rri-clly
cafoand reliable uicdlclao illy
cortTCd. Ecwaro of unprincipled drussisu "ho
olTcr inferior xaedlclucs In place of this. Aalc fcr
Cook' Cotton Hoot Compound, take no tubrlt-t'-tte,
or lucloso 81 and C cents In rostago in letter
and wovriiUcnd, sealed, by return raail. KulUealol
parti-iulan la plain envelope, to 1-dlw only, 2
i tamps. AiMrctsi l'ond I.llv Cumpmiy,
ro. S riiher EIocl:. Detroit, iilch.
Sold in 'I he Dalle l.y fiiil)cs & Kinersl; .
Kt(ji!l;lnil(lur' MtMitlii;;. 1
The I)am.ks, Or., July 'JH, W.i.
Notice ic hurcbv given that there will 1
lie it Ktoi;k holders' meeting of tho Wasco
Independent Academy, at tho Acitdi'jnv
building on Monday, August iiSth, l&OIi. i
at !! o'clock j). in., for tho iiurjiosn of
flrcting feuven directors, and transacting
such other hindiies as may properly
come before said meeting.
JJy order of tho boat d. 1
S. j, JSKOUKH, Sec'y.
diwtd. j
See Harris' corner window, oh, my!
J. I FORD, Evajplisi,
0( lit Moines, Iowa, wiltct. under dm ol
March 21, 1M.J-
S. I!. Mm, Mho. Co.,
Dttfur, Oregon.
(iftttlemen :
On arriving home last week, 1 found
all well and anxiously awaiting. Our
little girl, oitrht and one-half years old,
who had wasted nway to !i8 poumlft, h
now well, Htronc nd vigorous, and well
lleshed up. fi. H. Cough Curo has done
its work well, lioth of the children like
it. Your H. 15. Cough Cure has cured
and kept away all hoarseness from me.
So give it to "uvery om, with greetings
for all. Wishing you prosperity, wo are
Your, Mit. & Mns. J. I' Fonn.
if vouwili tofeel infill nnl cheerful. und readv
for t'hitnpriiiK'K work, eleanto your system with
the Uea.iuehe and l.lver Cure, by tukliiK twooi
t'irte diiFfxiitflb wtelc.
.ohi under a fotiv' jrunrfliitee.
Ou cent per IxjMIs by all driutKltit
W. E. GARRETS0N,
Lei!)!! Jeweler.
"Ol.j: AOISNT MMt ''
William Tell
Your Father that we eel I
SWEET, ORR St CO.'S
Vest Jumpers, .
Pantaloon Overalls,
Easyfitting Pants,
Every garment guaranteed NEVER to rip!
. . XT:.
We are also Headquarters for ....
Men's, Boys' and Youth s
i i . k
CLOTHING
In every in, style and price.
JJIllliS&CO.
VnTlt) nTTEWTTOrt i HORSES HORSES
I J. S. COOPER,
Ib called to thu faot that
Hagh Glenn,
Comer Hum, VN10N STOCK YMlDS, Chicago, Ills.
.1 in; iiiiunii iini vuy oi iouij v.wiiiiiii.niuii ui,uivi ,.
tho world, will hold his (th oxlonsivo s:uo ol west
ern hnuidod horsos for sosison 189.'5, on
rVmlor in fil.isn. I.iiue. I'lnHtur. Cumuilt
(.'Hi-rln tlifl Klneat I.lnn of
Picture Mouldings
To De found in the City.
72 CXlashington Street.
The Dalles
Gigar : Factory
FIEST STBBBT.
FACTORY NO. 105.
Entries should be made et once.
HORSES
hlTd.'iwam
i . ... ft- i t . . . . . y.'
- - - -u j ' - '
leads on lo fortune"
Tho poet unquestionably had roforenci to thu
V.y'Xv.TxjLXtIO iiiainifiictiired, ami
onleru from all parts of tho country fllluil
on tho Hhortest uolito.
o 'v
'ffiTiTiMl
tSctt.,
31.00 porBotUo.
CurrsCoiiKlii, JI'ur;uiii,tif)ri) 'ilitodt,
C'ruuii imm)tiy; relieves Wiiunpiiif; Condi
and Actiimiv. Ft Vouiiiiiiiitlon it huano
rival; liaaourodtliouiuiiirtuwlierouUittliiir;.
fiillud; willcuiiB you if taken in time. Kold
by UniHKlsU!(mai.'ii:irjntt'o, Forliiufliuok
Or L'fafSt. UBO BIHKOH'W I'LAHXKU. CW.
Ilivn von tAtLirrli 'I '1'liln iviiihIi' f.: i.nun.n.
toed to euro vu. I'dmOKw. luk-etortrw
Vox Hlby KiiljioM A KliKimly,
S
All Watch Work Warranted.
Jewelry Made to Order.
I :K rtvi nuil St., 'I'llB Or.
A. WESOLT),
Thk Boston Tailor,
East End Second St.
Suits Made to Order from
$18.00 up.
Pants from $5.00 up.
I'nrfrct Fit (iunriiiiluuil.
CliflHA STORY,
Art Teacher
lioam 8, Hettingen lUittdiwj,
Will sIyc LfvwiiiH MondiiyK unit Tliuriay of
ici week, ur oluuer if (lesired.
Tho roputation of THE DALLES Ol
GAU Iiuh txifonio firmly ;Htahlialn;(l, anil
tho (lcimind fur Mm lioini' iiuiiiiifui'tiircd
i artiiijn iu incrcaiiinj; ovory laj .
i
A. ULR1CH & SON.
W. I'. 1VISKMAX. WM. MAIIilKKH.
The Snug.
W. H. BUTTS, Prop.
Ho. 00 Second Sroot, The Dallon Or.
I TIiIh well known Htaixl, kopt hy the
well known W. H. JIutlH, lout; a reHi
dent of Wasco county, has an oxtraonll-
nary lino BtocK ol
Sheep Herder's Delist ami Irish Dislurbanc
Ii fact, all the loailiiiK hratnlH of fin
Wines, LiquorH mid CipirH. Uivu th
old man a eall and yon will como attain
ttliseman & Marders,
Saloon and Wine Rooms;
Tho Dallos,
Oregon.
Northwest corner of Ketond and
Court HtreetH.
Eggs for Hatching
From thoroughbred fowlu.
Xjlfilat Bxi3.zxxetw.
Kl egK8.
'M ettH
AddteHm
-2,lm
ifL'.W)
II.OO
K. M. H AltUI MAN,
Euduruby, Or.
ClisWiISiieil
at GRAND ALL C BURGET'S,
Who are selling thoao goods out at Rreatly-reduced rate
MIOllKLHACll HKKIlv, UNION ST
MINHNS
NKW TOWN linn lii'ii yiliittul mi tlicnld mni irromul, ill tho Korkh mid
I 1'n I W ol llnod river, Willi Iiiiku, klulitly InU.huuiil Mini IkiiiiiI ii!Ii'h, mnn Mill
v niidiMirev.iiti.'r.wltliNliiiilfln ii u -.loi i , pi'tK'i t ilhilinuiyti'llKlitful uiniiiitiilii
ellimite, Hie ri'iilrnl iittriK'tluu iihi iiumiii'iiIii miiiiiiiit n-.n t tor nil ()n'in
U'Iiik Hi" niMri'.it tnivii in ,Mt. llnod. It h liiiiiiiiilli'kc us 11 iiiniMifiu lur ,
eentur, licini; I lie iiulunil cniliT fur l.vi Minuf inlli-s nf tin- K'htccdiirinul I '
ttinlxT, iwjikii; iiiIIIIiiiin nf limn' iimor In II.- iIiiMiIiik iitremiiK mid . id'''
IiiIIh, 1'imlly ImtniiK'nl. W lii-ii' clicnp innlhi' l.imi r uxl 'In, tlicn' t ,i
(i,.i.-Ii. ii III .i.i.l,.,- kin ,l I., ...il ,.,,.1 ,,ll I.. II,., I i, .null i,i rx(ti"
ii i v ill r. . inr nun nun tii.ru iiiinii, 111,11 ti.ti. tit, tiki iirTiiiiiiu inii niii u . .
51111 will llnd tlilh tlif jilmv tn iiini.c ti i iirftot Inline or n piiyi
TITiiE PERFECT
See
-k niimnil .
Wasco County, Oregon.
W. Ross Winans.
D. BUNNELL,
Pipe Work. Tin Repairs anfl
Mi
MAINS TAPPED UNDER PRESSUBE-
Shop on Third Stroot, next door wost of YounR &
BlaokBimtli Sliop. .