THE MOliNIXG HEHALD: TJ1I7KSDAY, FE151iUAl?Y 6, 181)0.
TKIIM"
A. N L WEEKLY
slIBSCitli'TION
DAII.V
tv-ry murrinif except Monday.)
;-t j hv carrier, per week........... 0.1S
5 00
WEEKLY.
( Published every Friday Morning.)
i c c opy. per annum, in advance. ......$.00
u hen nut paid in advance ...
2.f0
' C30 A. Jl,
TIIEJHAIL.
Mails U the Albany rxstofflce close
i'orall oilices north
Die Kiotern status I
The West Side f
And the Nairow Gaujre II. K. )
For Portland and Salem 11 a. h
' Corvallitt and Yaijuina ...JiX)P. a
office south.................. 7:30 r. m
The postottica will be closed each evening
. rcira six to seven o'clock.
Registered matter for th (early morning
.rain should he mailed before 8 o clock the
vreyioua evening.
OREGON PACIFIC TIME TABLE.
Arrives Departs
fasaenger ! 11.15am 1.00 p in
Freight .f.........! 5.25pm I 6. .10 a
KEHOVAL.
The office of the Daily 'and
Weekly IIeR.vld lias been re
moyed into the Foster block up
stairs in the rooms formerly occu
pied by the Masonic lodge, where
larger and more commodious quart
ers have been fitted up. Patrons
of the paper will please observe
the change.
NATIONAL BANK NOTES.
As the extinguishment cf the
National debt continues to be
rapidly accomplished, it becomes
apparent to all that some plan
must be adopted to change the
present law governing National
Eanks, or they must cease to exist
as banks of circulation, for the
security of that circulation is based
entirely upon the national bonds,
and as the debt is discharged these
bonds are of course cancelled. The
payment of the debt and the can
celling of the bonds will, of course,
withdraw the bank notes, unless
congress adopts sorre measure to
continue them.
Ex-Comptroller Knox has pro
posed a bill for this purpose, briefly
stated, the bill provides that banks
may issue circulating notes to an
amount not exceeding 75 per cent,
of their capital, and that 70 ier
vent, of this circulation shall be
absolutely secured by the deposit
of United States bonds at par, or
at the option of the bank, that one
half of such circulation of 70 per
cent, may be secured by a deposit
of gold coin or bullion or silver bul
lion, at the current market price of
such bullion at the time of deposit.
The remaining 30 per cent, of the
circulation is to be secured by the
establishment of a "National -back
safety fund." To this fund is to be
credited $3,000,000 at the outset,
viz., $1. 530,000 of Tnited States
notes and $1,500,000 of the National
bant redemption funds, thest
amounts representing about one
half of the lost and unredeemed
bank-note. This fund is to te in
creased by adding to it the semi
annual tax of l.i of 1 per cent, upon
circulation, and from the fund the
circulating notes of insolvent
banks, after the assets and stock
holders' liability are exhausted,
are to oe paid. This plan of Mr.
Knox does not strike the careful
thinking man, who looks at the
benefit of the largest number of the
people, without a judgment biased
by the glamour of the money in
fluence that the banks exert, as
being one to commend. The cost
of national bank notes to the people
at present, is excessive, and there
absolute security and universality
of circulation are there only re
deeming features. This plan vould
certainly add to their cost to the
people and to their profit to the
bankers, a condition . that cannot
be entertained. The National
Bank note circulation, if it is to be
continued, must in some manner
be made more available to the
people than it is at present. The
Denver Republican, commenting
on this subject gives some pretty
sound facts. It says : "Why
should the government lend its
credit to the extent of 30 per cent,
of their circulation to the National
banks ? At present banks are only
allowed to issue notes equal to 90
per cent, of the face value of the
bonds they deposit as seenrity for
their circulation, but Mr. Knox
would reverse this scheme com
pletely and allow an - issue . of 100
per cent, of notes on 70 cent, of
security. Why should the govern
ment lend its credit to the banks
in any way? Circulation is not a
necessary adjunct of banking, and
a National bank system can easily
be devised which will eliminate
the element of circulation alto
gether. If we must have paper
money in addition to the gold and
silver certificates now in use, why
not have treasury notes for the full
amount needed without having
any bank-notes at all ? The best
and most economical paper money
ever known in the history of the
world is the greenback circulation
of the United States. It costs the i
government nothing except for
printing, and it is good as gold any
where. As the country increases
in wealth the security which sus
tains the greenback circulation be
comes better and bstter, and no
stronger security can be imagined
than the faith of the people of the
United States which is pledged tj
keep the greenbacks as good as
gold always. So far as Mr. Knox's
scheme applies to silver coinage it
is a delusion and a snare. If the
banks were permitted to deposit
silver bullion at its coinage value
as security for their circulation as
a matter of course they would do
so because there would be a large
profit for them in buying silver at
95? .j cents per ounce and securing
circulation at the rate of $1.29 per
ounce. The increased demand thus
afforded for silver would raise the
price immediately as a matter of
course, and the banks would reap
a large profit on the advance. Mr.
Knox contemplates no such scheme
as this. He would give the banks
the option of depositing either gold
coin or bullion at 100 cents on the
dollar or silver bullion at about 72
cents on the dollar. As a matter
of course gold c.in or bullion would
remain always as valuable as it is
now, while silver bullion might
sink in pi ice any day and the
banks would naturally refuse to
take the risk of loss involved in the
purchase of large quantities of sil
ver bullion."
ONE TRIAL
M.'.KKS A
Regular Customer,
MY COMPLETE STOCK
AXO
The Portland World, democratic,
is in favor of Senator Butler's
scheme to colonize the negroes in
Africa, Probably if it could suc
ceed in that scheme, it wo did next
turn in to colonize all the white
people in the country, who differ
wuii it politically in Alaska or
Samoa. Then it could have a fat
time with the loaves and fishes.
It wants but little here below, but
that little is the whole world to
itself and let it have it.
IM0DEST PRICES
Arc what does it. You ar
coHially invited to be one o!
them.
C. E. BROWN ELL.
The Celebrate!
C U RE
,Uo 'APHRODITiNE"
French
r ranted
cure
or money
refunded
8,51 AFTER
BEFORE
the itenerative organs of either sex whether
arising from the excessive use of stimulants,
tobacco or opium, or through jouthful indis
cretion, oyer indulgence, etc., such as loss of
lirain Power, Waketu'ness, Bearing Down
Pains in the Hack, Seminal Weakness, Hys
teria, Ner"ous Pros' ration, Nocturnal Omis
sions, I.eucorrhoc, Dizziness, Weak Memory,
Loss of Power and Impotency, which if neg
lected often lead to premature old age arid
insanity. Price $1 a box; 6 boxe5 fcr 35.00
Sent by mail on receipt of price.
A WKITTKN Ul'AKAKTEE is Riven
with every S5 order received, to refund the
money if a Permanent cure is noteffectcd.
We have thousands of testimonials from old
and yountr, of both sexes, who have been
permanently cured by the use 'f Aphroditine
Circular free. Address
T1IK ATII It O MKDH'IXK CO.
Western Branch, Box, 27. Portland, Oregon.
For sale by Foshay & Mason, wholesale and
retail drugiiUU, Albany, Oregon.
NEW TO-DAY.
11
OOM9 TO RK.NT AT MKS. IKBIU'II.LP.'s OX
3rd and Lyon streets.
Lost In this citt, k oolb lockkt cost vis
ing two pictures, with a stone set. The
finder will be suitably rewarded by return
ing the same to the owner, Chas. Riefcr.
THAT TI.ACKING COUGH c.vx be
so quickly cured by Shiloh's Cure. We
guarantee it. Foshay & Mason.
AtClRACY.
NEATNESS.
ALBANY ABSTRACT CO,
The only complete set of Abstract
Books and Maps in Linn County
OFFICE IX THE COIHT HOUSE.
w
ANTED - TO BUY A SMALL S8C0ND-HAND COOK
stove and dininn table. Address "S,"
Herald otflcc.
HEAL THYSELF WITHOUT MEDICINE
This can be done by aiding nature to
remove all foreign or injurious matter from
the system, by use of Dr. Wilford Hall's new
hygenic treatment. Address J. B. Hughes,
Agent, Albany, Oregon.
PIOR SALE THREE GENTLE FAMILY
horses, of good carriage, well broke for
ladies to drive, either single or double. In
quire at the City Stahles.
HAY FOlt SALE-' -CLEAN CHEAT OH
timothy, baied; will be sold in quantities
to suit at reasonable rates for cash, at the
stables of L. Senders.
FOR SALE: A NO. 1 MILLINERY STOCK
in a No. I location in the thriving city
Business
care will receive
ful attention.
entrusted to my
prompt and care-
BANK OF OREGON,
ALBANY, OREGON.
CAPITAL 930,000
Prenlftent II. BttYANT
Vice Pre II. F. ME Kit ILL.
lankier JAY W. BLAI.V
A general bankiijr business trans"
acted.
Sight exchange and
telegraphic
sol
Francisco and Portland,
iransier uougm ana soia on jncw
York, San
Oregon.
Collections made on favorable terms
Low rents and splendid rooms.
ulnrs address firm P. O. 'box 99,
Albany, Or.
of Alranv.
For paitlcu
X the Wilkins pit near this city must call
at the ollicc of the Orciton I.a..d CD. and pro
cure tickets. Itv ordrr 1 J. II. Wiikins.
This Space Reserved
-FOR-
P EVKRE HOUSE, ALBANY, OR. CHAS !
Xv Pfeitler, Prop. Only hrst-eclass house
iu the city. Largo sample rooms for com
mercial men. No Chinamen employed in the
kitchen. Ucncral stave ottire for Corvallis.
W1
CIoiimp lo Bent.
ITH WOOD FURNISHED IN THE
wood house all ready fcr .use. Inquire
at this otflcc.
MONEY TO LOAN-HOME CAPITAL ON
(food real estate security. For particu
lars enquire of Geo. Humphrey.
JULIUS
GRADWOHLS
For Sale nl $5 Each.
A SICK LOT Of SCOTCH COLI.IR PCPS, WITH A
little dip of English shepherd. They
make the Tery best farm stock and watch
dogs. For further particulars inquire of
Geo. W. Gray, Dentist.
. Drain Tile for Sale.
A GOOD SUPPLY OF FIRST CUSS
drain tile for sale at the Eage brick
and tile factor' East of Albany near Knox
Butte. Call at the factory or address Propts
& Auston, Albany Oregon.
1 AHA CORIW OF NICE FIR WOOD
1UUU forsile by G. II. Kcency.
STRAYED HORSE A MEDIUM SIZED
bay horse, with a blazed face ar.d one
eye out, about four years o'd, has strayed
upon the farm of Daniel Houck, near Tan
gent. The owner can secure the horse by
calling t me pranM and paying cfi&rges.
BAZAAR STORE!
Thirdiward
we
Store
s1
TRAYED OR STOLEN FROM THE
premises of Denver Hackleman. rear
Albany, axmt Sept. 1, three young geldings.
branded thu HL on left shoulder. Two
three year old and one two year old, the
latter dark color, the others sorrel and red
dish brown. Any information leading to
their recovery will be suitably rewarded by
tne unaersignea. ti. luku,-
Albany, Oe.
SECKKT SOCIETIES.
A , O. U, W. Safety Lodge No. 13; meets
Cx. every Monday evening at tne u. A. K.
hall on Ferry street, between Second and
Third. Albany, Oregon. Strangers in the
city and transient brethren cordially invited
to attend.
McPherson Post No. 5, O. A. R.
Stated meetings at the G, A. R.
Hall on tne second and Fourth
Friday evenings cf each monrb.
Transient Comrades are cordi
ally invited to meet with us
B. F. Table, Commander
Adjutant,
E. C. PHELPS,
COMMERCIAL, BOOK AND JOB PRINTERS.
OVER WELLS, FARGO & CO'S OFFICE,
ALBANY, OREGON.
A share of the trade In this line solicited.
Call and see samples.
Administrator's Xotlee.
NOTICE IS HEREBY GIVEN THAT
the undersiuned administratrix ,nd
administratorof the estate cf D. P. Porter
deceased, have filed in the countv court of
Linn county, Oregon, their final account in
the matter of said estate, and said court has
appointed Monday the 3d day of March 1&96,
for the hearing of objections to (aid account
and the settlement thereof.
P. G. Porter, Administratrix.
F. H, Pouter, Administrator.
Having purchased this popular es
tablishmcnt I am now prepared to
dll any orders in the grocery and pro
vision line, A fnll stock of groceries
kept constantly on hand. The highest
cash price paid for all kinds of coun
try produce, or will exchange goods
tun ime. come one, come all.
CHAS. ESSIG-
E. G. BEARDSLEyT
Real Estate and Inturance Agent
AND NOTARY PUBLIC
Broadalbin Street. Albany, Oregon.
W. C. NEGUS,
of the Roval Collecre of
DR.
Graduate
London, England, also of the Belle-
vue Medical College.
The Dr. has spent a lifetime of
study and practice and makes a spe
cialty of chronic diseases, removes
cancers, scrofula enlargements,tu-nors
and wens, without pain or the knife.
He also makes a specialty of treat
ment with electricity. Has practu ed
in the German French and English
hospitals. Calls promptly attended
day or night. His motto is 3
"UUOD WILL TO ALL."
AVOffice and residence Ferry street,
Detween j. nira ana f ourth.
Notice of Dissolution,
NOTICE IS HEREBY GIVEN
that the late firm of Hopkins &
Saltmarsh, composed of T. G. Hopkins
and George W. Saltmarsh, is this day
dissolved by mutual consent, the said
George W. Saltmarsh retiring. All
the liabilities or the firm are assumed
by the said T. G. Hopkins and Mary
Saltmarsh, a copartnership this day
entered into under the firm name of
Hoikins &' Saltmarsh, and the said
last named firm will collect all out
standing nccounts and claims of the
late firm of Hopkins & Saltmarsh.
Dated this January :n. xw.
T. G. HOPKINS,
GEORGE W. SALTMARSH.
(
STEW AM1 & ml
-.Dealers in-
iGeneral
1889 m
ithiu'w Sale
8!
H a r d w a r
e
AND-
Agricultural Meiiieiit&.
1(1 lll;r
comiuciu-i-
Jauuai v 20th a
! i-jiii!r stock I will
GRAND CLEARANCE
Iron, Steel and Coal
Wagons and Buggies
Rope and Cordage
Blacksmiths9 Sttjiplies
Carpenters9 Tools
Builders9 Hardware',
Powder, Shot, etc.
Giant Powder & Fuse
Saws and Axes.
Garden and Ofrass
ocas
Aid all Implements Used by Fanners!
S
SPRINGFIELD SAWMILL
A. WHEELER, SPRINGFIELD, PROPRIETOR.
SPRINGFIELD OREGON
JT'Albany yard and office on Kailroadhctween 4lh and 5th streetsS2
A.; Wheeler, Albany Manager,
Having lumber not excelled in aualitv. end facilities not
. .-x : r .. 4 .- 1 1 J V .... ' . V
hm.ij.l iuu saii3iai.-i.ury uuiuz or oruers. i respeciiuiiv solicit a siiare or the
trad- a, WHEELER
ALBANY
ON
IIS,
Manufacturesteam engines, gristjand saw mil. machinery, iron fronts and
all kinds of heavy and light work in. iron and brass castings. Special atten
tion paid to repairing all kinds of machinery. Patterns n ade on stort notice.
E. F. SOX,k"-ident. C. H. Stewart, t-'ecretary.
Tulius Joseph
Manufacturer of Choice Cip-ais
lieiiK'iul'er this means everything in stock I mus
have room, and we do not purpose to let Portland or
any other city beat us in prices. We want to see
you all and will save you money.
SPECIAL BAIMxAIHS IN CLOAKS.
GENTS' FURNISH INC GOODS.
GENTS' NECK WEAK,
GENTS HOSIERY,
UMJ$RELL.S,
HOSIERY,
; LA PIES' DRESS GOODS,
i LADIES' FANCY GOODS,
LADIES' UNDERWEAR.
I LDIliS' HOSIERY,
! LADIES' NOTIONS,
TCtt CURTAINS, ETC.. .ETC.
BEAD?
Albany, O'epoo.
BARROWS & SEARLS,
Dry Goods, Notions. Gents Furn'gs
-AND DEALER IN-
FINE IMPORTED AND KEY WEST
;ars. Plug iind Smoking Tobat c os, Meerschaum and Briar Pipes,
full line of Smokers' Articles. Also dealer in
CALIFORNIA AND TROPICAL BFK0I1S.
Next door to Pffeiffer's candy store, Albany. Oregon,
HI- 0". JOE"ES,
GeneraKBookseller and Stationer.
NEXT DOOR TO FIRST NA Tl ONA L BA UK.
Subscriptions received for all the leading newspapers and mag
azines.
Illinois Furniture House!
THOS. BRINk
Best Line of Furniture In the Citv of Albanv !
Fanc Wickto. Chairs Lounges Parlor
Cornicfe Poles. Mirrors. Feather
Pillows Srin Mattresses,!
Window Shades Walnut Exten7
sion Tables Suits.
And -at you can't find al other houses, I have it. In factevery-
thihg thac ia kept in a first-class houscf
Ash Maple and Walnut Chamber sets, Chairs,
Spring Beds, Lounges Etc., Etc., at Prices that
CANNOT BE UNDERSOLD
AN1
BOOTS
and SHOES
AGENCY FOB
THE1 LUDLOW
Ladies Fine
Agency for
Shoes. Also
BARROWS
BLVMUERG BLOCK,
M. D. WELLS & CO.
Boots and Shoes.2
&iS EARLS.
gg Perfect .Wb
Mn.
J
AHir.nNCMTOamniiL
Foshay &
SOLD BY
ALBANY
OREO
The City Liquor Store,
31. BAU3IGART, Proprietor.
tTSexi door Co tho Odd Fellows em pie, AlbanyJBOiwgtmSs
Keep constantly on hand the flneat imported anddomcitic w tea. I:t,t i
onlv orat-claa iiqnir mere in sn city
SPECIAL AJTEKT'QN PAID TO ORDERS FROU THE COUNTRY
Tho Leading
PHOTOGRAPHERS
iV'e have h t's ht a
to date (Nov i . 1S8
duced rates c air
which dnplic l cat
cf this state, .:: do
shall be ple A to
Masot ic Tea , .
A LEAST, OREGON,
he negatives made by L. W. Clark and Greenwood op
Duplicates ean be had from them only of us, at f
iave about 1J?00 negatives made by ourselves, frm
m? had at like rates. We earry the onlT full iine of vteer
:arsedworkat lowest rates for ' firet-class work. We
; oh at cur studio ia Froman'a Wock, next 'door to fbe