Tho Dalles Daily Chrcnislc
The only Republican Daily Newspapet on
Wasco County.
EASTERN OFFICE S30 to 34 Temple
Court, N.-Y. City. E. KATZ,. Agent.
Weekly Clubbing: Kates.
Chronicle and Oregonian , . .$2 25
.Chronicle and Examiner...- 2 25
Chronicle and Tribune. 1 75
Chronicle and N. Y. World. 2 00
TUESDAY - - DECEMBER 7, 1897
DELAY IN CURRENCY REFORM
The advocates of the program of
delay in currency reform would do
well to consider 'certain facts which
suggest that all may not be clear
sailing for the national finances, even
now when business prosperity is evi-
' dent. It is by no means too soon to
prepare for that stress of weather
which brings into unpleasant relief
the evils of our currency system.
With $156,000,000 of free gold, ac
cording to the latest figures at band,
in the treasury, and with . the inter
national trade balance strongly in
our favor, the United States may
feel . a sense of monetary security.
But th?re are certain features of the
situation which, if looked at conserv
atively, will suggest that no assur
ance may be bar that a fresh strain
may not be put upon our financial
fabric earlier than has been gener
ally expected.
The so-called struggle for gold,
which has been a pronounced char
acteristic of recent times, is by no
means over. Nearly every cable re
reived in banking circles of late, ac-!
cording to a recent statement in' a
leading financial journal has spoken
of the strong demand in London for
gold for the continent. The state
ment goes on to say that the demand
is traceable, in large measure, to the
continued accumulations of the yel
low metal by Russia. The reorgani
zation of that country's currency on
a gold basis and the extensive trade
expansion expected by the Eussian
government as a consequence of its
acquisitions in China and the com
pletion of the great railway across
Siberia, may partly explain the need
of the Muscovites to increase their
stock of bullion. But the magnitude
and persistence of the drian through
Berlin to St. Petersburg suggests even
more than this it has an ominous
sign of the gathering of a war chest
in anticipation of the next dreadful
clash of arms in Europe or Asia.
And, naturally, a part of the accum
ulations of any military fund must
be withheld, even in time of peace,
from commercial availability.
The Austrian government has not
yet acquired all the gold requisite to
the execution of currency reform in
the dual monarchy. The critical
state of the controversies between
Austria and Hungary holds out a
danger-signal of a possible collapse
on the Vienna Bourse, whish would
. lead to a great demand for money,
and high interestrates would hurry
gold to thatcenter. Now, In pres
ent conditions, any continental . de
mand ' for the precious metal must
pull strongest on the purse-strings
of Great Britain. As London wishes
to keep enough gold to render the
British financial and commercial po
sition secure, where could that city
turn for gold in an emergency ex
cept to the United States? The
supplies now pouring into London
from South African and Australian
mines are promptly absorbed by the
Bank of England or the open mar
ket. " . :
It is true that this country is bet
ter buttressed against a foreign call
for gold than it has been in years.
' Allowing for all deductions of items
in the international trade balance
which are averse to us such as
freight moneys,' undervaluations,
shipments from abroad of American
securities, etc. conservative author
ities estimate that on the total ac
count, of course including merchan
dise and the year's bullion rnove
ments, "Europe must be indebted to
us today to the amount of at least
one hundred millions. This is a
strong defense, truly, but it may not
be counted upon forever. Another
season may bring better crops in
consuming countries and in in coun
tries which compete with us m sup
plying the deficiencies of the world.
In that case, there would be less
demand for cereals from the United
States, and the exportable surplus
would command smaller prices than
now rule. Moreover, one important
American staple. which ''for many
years has served as the great debt-
payer of the United States cotton
is selling at a price which tends to
offset the high values we are receiv
ing for bread stuffs and provisions
exported.
The retaliatory tariff measures now
under discussion in some European
countries would, if adopted, check
the shipments of our manufactured
articles which, in the last two years,
have helped greatly to swell the
merchandise trade balance in our
favor. . .
We have every reason to believe
that the pteset congress, aided by the
conservative influence of President
McKinley, will see to it that a repe
tition of the "endless chain,' which
has wrought such havoc in the past,
will be made impossible for tbe
future.
Expenditures.
You can make your Christmas money
go farther and make more eatiefactory
purchases by selecting from a line such
as ours. Not only drugs, but the best
line of desirable articles, the largest line
of novelties appropriate for the occasion
and the beet goods in general.
UP-TO-DATE PHARMACISTS,
175 Second SW THE DALLES,
Opera House
One Week and Saturday Mati
nee, Commencing
onday, Dec. 6th.
The Laughing Limit. ,
Fun Fast aud Furious.
GREAT
MQEWEN,
Miufl:Reafler ana HypoM
Attra'cts the learned, bewilders the scep
. tical, disarms the critical, charms the
studious, euchauts the gay, gratifies
the intellectual, satisfies everybody.
All this and more too in pure fun.
PRICES of admission 35 cents; no ex-
tra charge for reeerved seats; back
seats 25c ; children 15c.
i I .
jSct Set'
tyristmas
Improuemeijts.
Yon want paper which makes your
Christmas enjoyment greater. ; You
want paper which . makes your home
pleasanter at all times. You need such
shades and designs as will give more
beauty and more comfort in your home.
We show you etyles that exceed anv
ever eeen here at prices neyer attempted
for such quality.
D. W. VATJSE, Third St.
Regulator Line
The Dalles. ForflaEfl ana Astoria
Navigation Co.' "
sirs. Regulator Dalles City
FREIGHT AND PASSENGER LINE
. " ' BETWEEN ' '
. t
The Dalles, Hood River, Cascade Locks and Port
land daily, Sunday.
GOOD SERVICE, LO S
DOWN THE YALLEI
OR TO -
EASTERN OREGON?
Are you going
II bo, save money and enjoy a beautiful trip on
the Columbia. The wet-bound train arrives at
Tho Dalles in ample time for passengers to take
the steamer, arriving in Portland in time for the
outgoing Southern and Northern truing; fast
bound passengers arriving in The I)nles in time
to take the East-bound train. ' -
For further information apply to
J. N. HARNEY, Agent,
Oak Street Dock. Portland, Oregon,
OrW C. A-LLAWAY, tien. Agt.,
The Dalles, Oregon
WALLPAPER!
WALLPAPEPvI
Just Received
5000
Rolls of Wall Paper. The
best patterns. The most
beautiful colors.
New Invoice
of Paints and Oils. Any
color or brand supplied.
Snipes-nersly Drag Co.
Harry Liebe,
PRACTICAL,
All work promptly attended to,
and warranted.
174 VOGT BLOCK.
ror Peoule That .
OMLV ONE FOR A bolt.
Remove ftmplea, curat Hwdaebe, Orcpepsla mat
CeUeness. 25 eta. a box at druggiata or by malt
eamplw Free, addxew Or. Boank Co. P hila, f.
Watchmaker I J e welcr
1
&xeW
i
S3
1 1 " 1 1
: 1 . J' 1
BlackwelPs
Ton will And una coupen Inside each 2 ounce bag and two coupons Inside each 4 ounce bag, P
Buy a bag, read tie coupon and see how to Get your share of S250.000 in nnumt..
f Special peattir
Of
i
1
Wholesale
i .
Cllines and GiQas
THE CELEBRATED.
ANHEUSER -
TTO"P dCT .Tl
w ii r
Anheuser-Busch Malt
"beverage, unequaled as a
stubling & williams;
''There is a tide in the affairs
.:'' leads on to fortune" :
The poet unouestionablv had reference to the
Closing' Out Sale of
at CRANDALl
Who -are sell Ins these goods
MICHE LBACH BRICK.
This
is the
very best
Smoking
Tobacco
. made.
enuine
HI L Lwkl
1
The Chronicle office is the
job priptii?
D(partTer;t.
' We have better facilities fordoing-
artistic work in this line ,
than any office in Eastern Ore-g-on,
and this branch .of our busi
ness is in the hands of expert
workmen.
$omparisoi7 '
both as to high grade work and
reasonable prices. - -,
J?ror;i(;Ie pub.(S,o.
BUSCH and
T2T7'T7' - 0 on draught
iji ii iaii and in bottles.
Nutrine.
tonic. ,
of men which, taken at its flooa
Furniture and
& BURGET'S.
out at greatly-reduced rat
. V,. UNION ST.
ORTHERN
f j PACIFIC RY.
iPullman
Eleg.ent
Tourist
Sleeping Cars
Dining Cars
Sleeping Car
. 1ST. PAUL
M1XNEAFOLI
DULVTH
MKGO '
TO oband roit-
. , CKOOKSTON
'- . "T '.. '-. WINNIPEG
r- HELENA an
, BUTTE
Tbirougri Tiekets
CHICAGO TO
WASHINGTON
PHILADELPHIA
MW YOKE ' ,
BOSTON AND ALL
POINTS EAST and SOUTH
For Information, lime cards, maps and tickets,
cal on or write to
W. C. ALLAWAY. Agent,
. . .The Dalles, Oregon
A. D. CHARLTON. Asst. G. P. A.,
255. Morrison Cor. Third. Portland Oregon
DOORS,
windows;
shingles
fire brick;
FIRE CIiAY,
LIME, CEMENT,
Window-Glass and
Picture Moulding.
is. o ii. e 3sr nsr.
Dalles-, Moro and Antelope
STAGE LINE.
Through by daylight via Grass Valley ,'Kent
and Cross Hollows. ..
DOUGLAS ALLEN, The Dalles.
C. M. WHITKLAW, Antelope. -
Stages leave The Dalles from Umatilla House
at 7 a. m., also from Antelope at 7:30 a. m. every
Monday, Wednesday and Friday. Connections
made at Antelope for Prineville, Mitchell and
gjints beyond. Close connections made at The -a
lies with railways, trains and boats. , ,
Stages from Antelope reach The Dalles Tues
days, Thursdays and Saturdays at 1 :30 p. m,
RATES Or TABK.
Dalles to Deschutes .. 00
i do Moro: .-: i 50
do Grass Valley 2 25
do Kent 8 DO
do Cross Hollows 4 50
Antelope to Cross Hollows 1 50
do Kent. , .... . 2 00
do Grass Vallay 8 00
do, Moro 8 60
do Deschuees. .': , 4 00
do Dalles rf 6 00
J. S. Bchbnk,
H. M. Bea. ,
Cashier
President.
FiKt Hational Bank.
THE DALLES - - - OREGON
A treneral Banking Business transacted
uepoaite received, subject to Sight
- Draft or Check.
Collections made and proceeds promptly
remitted on day of collection.
Sight and Telegraphic Exchange sold on
jxew itork. Ban ixanciaco anc "ort
., . land. ;
DIREOTOHS
D. P. Thompson. J so. 8. Schbnck.
Ed. M. Williams, Gko. A. Liibj.
U. M. Bbaix.
JOSEPH Stf AHflOIl
HAS OPEITED A
jlar9es5 Sl?op
IN THE EAST END, in the Colum
. bia Feed Yard, opposite Saltmarsbe's ;
Stockyards, where he is ready to do
flU Kinds of Harness Work.
norse and hnrvv.wn on nnHaNaii . 1
the city. Being a practical harness-maker, we
r t vmiugc-uuuuuug a spec
ialty. For sample of our work, look at the Tl ma-