"7
r
Tbe Times-Mountaineer
SirUftDAY.
.AUGUST 12. SS93
" THE OHIO DEMOCRACY.
The Ohio Democrats have entered
the fall campaign with Laurence T.
Neat aa the candidate for governor;
and the platform adopted is a full en
dorsement of the free coinage and free
trade doctrines, adopted at Chicago
. last summer.-- This is indisputable
- evidence that the members of the or
ganization in thV buckeye state are
willing to stand squarely upon the
principles of 'the 'party in 1892, and
they no' doubt possess the courage to
test these at the ballot .box, with the
' hope they ' may' be . successful. . A
Democratic contemporary, in speaking
of this action,' says:'
. "The Ohio Democrats are in line on
the Chicago platform. They have
nominated a silver man for governor.
on a platform that - has a clear Deoio-H
crattc ring. Ohio is the land ot Alien
" t m t iL. I J TAn.nn'c
T. uuiuiau, ctuu mo
' spirits pervades his party. . In' fact,
the platform reads as if it bad been
drafted by his own hand."
. ' . Sine-. the death of honest ham.
Randall,' with the single exception of
Mr, Dana, of the New York Sun, the
party has been composed of radical
British free traders, and in so far as
any one differs from the theories' of
' absolute free trade he is anti Demo
cratic In the last few years Demo
crats have become free silver men, and
it can almost be said with equal pro
priety that every one opposed to bi-
tnetallisoc is oppposed to Democracy.
; These innovations are antagonistic to
the traditions of the party in the past,
for Jefferson, Jackson and other lead
- era were strong protectionist and in
favor qa stable currency that would
not be effacted by fluctuation or infla
tion, iiut modern jjaoaocracy is a
chameleoa-like'ereaturethat will as
sume any color to win popularity. In
1868, in f ivor of equiuUe adjustment
or repudiation, pud ';later advocating
-inflation or an increased issue of green-
'bocky, it lias occupied : every position
on the nionotary question that could be
assumed. As a party of national
ideas it his not existed since 1SG0,
and no platform adopted ha3 bun ex
pressive cf the bonsst convictions of
" Ihe'stateanK-u in tho organization.
" Mr. Cleveland, in his message to the
special session, paid little, attention to
what are claimed, as the cardinal prin
ciples of the organization, and we be
lieve Mr Allen G. Thurman has little
faith in either free trade or free coin-
age.
, Our cotemporary perpetrates the
following twaddle in support cf the
Ohio platform:
"The gold bug3 will flood Ohio with
money to elept McKinley, but their
money will not save him. ine masses
are in arms against the iniquities
which McKinley represents. The
taritt ana silver aemoneuzauon are
traceable 'directly to Ohio Republican
-' leaders. Sherman and - McKinley are
two names to be forever associated
with the distresses of this year. More
than any other two men they are re
sponsible for prevailing conditions.
It sounds like Maunchausen wit to
sav that the "masses are in arms
against the iniquities which McKinley
represents," and it is so utterly devoid
of truth that it would be a waste of
words to refute it. The fact is appar
. ent to every man that since the Dem-
ocratic free traders came into power
the country has suffered more severely
in business and finances than it has
- since the government was organized,
Banks have failed, factories have
closed, and hundreds of thousands of
workmen have been forced to beg for
u living on the highways; and this is
simply a result of the expectations en
tertained by capitalists and manufac
turers that free trade would be inaug
nrated by Democracy. This universal
distress can betraced to no other source.
When Mr. Harrison vacated the White
House every department of trade was
' prosperous, rage-earners were well
paid, and banks had ' an abundance of
coin to meet all demands and to ac
comodate business men; but in less
' than four months everything; was
changed, and the condition that con
fronts us now is something terrible to
contemplate. Money is hoarded,
values have depreciated more than 50
per cent, and industries have been
wrecked and ruined in all portions of
'. the land.
It is a matter of surprise that any
editor, however much he may be at'
tached to party, would unblushingly
state that "Shermanand McKinley
are two names to be forever associated
with the distresses of this year," and
still expect to retain the respect of his
fellowNsrttens. Tbe English language
, could nofbe used to express a greater
falsehood, and one that is so con
stantly refuted by daily events- Sena
tor Sherman will vote himself for the
repeal of his silver-purchase act, and
he only introduced it as a compromise,
or aa President Cleveland denominates
it a "truce" to save the country from
the evils of free-coinage. The effect
s of tne r.i.cw-inley act nas been to build
"Up American industries, and furnish
employment to hundreds of thousands
of honest laborers. It has been the
means of national growth and ad
vancement, and if it could he kept in
, force the United States would soon
'. be the first nation of the world in
manufactures.
v The people will decide next Novem
ber in Ohio upon McKinleyism and
' Democracy, and there is no Republi
can who is in the least fearful of the
result Mr. McKinley waa elected
two years ago by over 20,000 major-
itv. and this year these figures will be
j .
multiplied by two or three. The
wage earners of the old buckeye state
will cast their votes for bread at the
coming election, and they will not be
deluded into want and starvation by
the promises of Democracy, haunted
as it is all over the country by the
i . t-i j i
gnosis oi wretsea inausvriaa uu u co
llated homes. '
The president, in his message, con
jines himself principally to the ques-J
tion of finance, but claims that'De-i
jfiocracy should redeem its pledges to
tbe country,. .which means a repeal of
the present ". tariffs-laws. ' There wilV
undoubtedly be a hard-fought battle
betweeiii bi metallism and the single
standard of values, and this will con
sume considerable, time of the present
session.- After this question is dis
posed of, free traders will make a de
term ided attack on tbe , tariff, and
sixty-five millions of people will watch
with fear, and anxiety the result.
Never since 1861 have such important
duties devolved upon the Republican
party. At that time it was. called
upon to save the union from dismem
berment, and now it i expected to
stand between the nation and financial
bankruptcy. In the former epoch it
performed the duty assigned, to it in a
manner that reflected credit to itself
and lasting honor the nation. It will
not be remiss in the present emergency,
and if the McKinley bill is repealed it
will be against tbe earnest protest of
every Republican on ths floors of the
senate and house. Thirty years of
national honesty and patriotism, dur
ing which time the greatest prosperity
ever known by any country has been
enjoyed, is its record in the past, and
this will stimulate every member of
tbe party not to be unmindful of
what experience has proved to be
the best policy for tho industrial in
terests of the republic. Every scheme
known to politicians will be resorted
to by Democrats to carry out tbe
platform adopted at Chicago, and
these must be met by determined and
intelligent opposition. There are hun
dreds of thousands of honest wage
earners all over tbe laud clamoring
for bread, and the cries of these must
bo heeded by the old party that has
never stained pa-"? of its history by
legislation agains!. labor and in favor
of corporations and capital. Protec
tion will revive our factories and give
our citizens work at good wages; free
tride will ruin our industries .and
mike our laborers beggars upon the
h:yh'ayX Republicans know their
duty, and will perform it regardless of
Ofispquenc.".
CLEVELAND'S PLAN.
The country lies, been anxiously
awaiting the laessaae cf President
Cleveland, lo lhe special session of con
gress, and i; is published in this isnue
of tbe Times Mountaineer. I', may
satisfy that portion of our fellow oiti
z?ns who supported tho Democratic
ticket kit, iNoveutiwr. but there are
verv manv who believe that it does
not to to the real cause of the evils now
existing. The burden cf his complaint
is against the ilver-purcha30 bill,
which be acknowledges "may be con
sidered a truce, after a long struggle,
between the advocates of free stiver
coinage and those intending to be more
conservative," and he imagines with
tbe repeal of this measure business
would readjust itself and the country
would again be prosperous. It may
be acknowledged that the president is
oorrect when he says that a sound,
stable currency is necessary for com
mercial prosperity. Depreciated coin
is disastrous to any nation, and if the
dollar in circulation is not worth its
face in any market, laborers suffer in
consequence, because they are forced
to pay more for the necessaries and
conveniences of life. Tbe Republican
party has never occupied any equivocal
position on this question, and has
waged an unceasing warfare against
inflationists and those in favor of fiat
money. The Sherman act has been in
operation since JulyJSQO, aud, al
though it may be one of the immedi
ate causes of financial depression, it is
not the principal factor that sapped
tbe solid foundation upon which pub
lic confidence rested and made capital
fearful immediately after the inaugu
ration of the Democratic administra
tion. There has been a more
powerful agency at work since the
people demanded by their votes a
change in the economic policy, and
this has made the great structure of
trade relations unsafe, so that the least
adverse wind would cause it to fall in
ruins. The disturbing zephyr may
have been the Sherman act, which had
been in operation for years without
the least discernible effect upon the
edifice.
The platform on which Mr. Cleve
land was elected declared that tariff
for any purpose, except for revenue,
was unconstitutional, and the country
expected the president either to sup
port or oppose this particular plank,
in plain and unequivocal langusge. It
will not restore confidence to the
country to have it stated by the high
est authority that tariff ceform is in
tended, as soon as it can be conveni
er.tly done. On the contrary, factories
will continue to close until the wreck
and ruin of all industrial enterprises
will be a fitting collapse to the work
of destruction begun, it the execu
tive had plainly stated that he ex
pected this congress to repeal all tariff
laws the culmination might have been
expected at once, and business would
have prepared itself for the emer
gency. As it is, tne uncertainty win
remain, and capitalists will. withdraw
their ' investments and hoard their
money. This picture is not over
colored, and the disasters already suf
fered will be only a prelude to those
yet in store for the wage-earners.
The army of 100,000 men out of em
ployment, now parading the streets of
New York, and an equal number in
other cities in proportion to popula
tion, will be increased. Want and
starvation will have a wider range,
and the cry for bread will be louder
than ever. The breakers have been
discovered; but the pilot at the helm
is determined to steer the ship directly
on tbe rocks. It is to be expected that
the fatal crash will come in a little
while, and the disastrous effects will
be as terrible aa if drouth and pesti
lence had destroyed the crops and
decimated the population. ,
THE DUTY ON-
REPUSLTtS
V I
Uon areas has convened in speciu
session in Washington City, and is
to undertake tbe task of applying
some remedy to the financial distress
suffered by the country. This extra
session was called by President Cleve
land, who, in his message emphasized
the fact that the nation was in such a
condition that needed immediate re
lief, and in this the executive acted
wisely and performed his duty under
the constitution.
While it is patriotic for members of
congress to consider only the public
welfare in this emergency, the Repub
lican party, which was defeated at tbe
polls last November, is in no manner
responsible for the condition of affairs
now existing, and which has spread
calamity broad-cast over the land.
When President Harrison gave up the
reins of government every branch
of industry was in a prosperous con
dition, and public confidence was unr
sbaken. No sooner had the adher
ents of the Chicago platform been
placed in power than a spirit of dis
trust pervaded all branches of business,
and soon crash followed crash in
money centers, until values became
depreciated, factories closed down,
banks suspended, and ruin stared the
people in the fa. Any one can draw
his own conclusion from these facts,
and make his own inference as to the
effect of the change in administration.
It is true that the electors of the
United States, by an overwhelming
majority, pndorsed the principles of
Democracy last fall; but, it is presum
able from subsequent events, that they
were mistaken in their judgment, and,
if it were possible to have a general
election this year free trade and bi
metallism would be buried so deeply
in public obloquy that it would be im
possible to bring them to tho surface
for the next half century. The blame
for the disastrous condition of affairs
has been laid on the Sherman silver
purchase act, and this may be unwise
in the present unsettled state of pub
lic confidence; buit has been in oper
ation since 1890, and no disastrous
effects were felt until Mr. Cleveland
was inaugurated. Tliis is simply a
statement of historical events, and
they cannot be considered partisan in
that they idor facts prejudicial to
truth or in favor of any political or
ganization. The Republican party has never
lacked in patriotism in making any
sacrifice for the benefit of the county
and wi!) not in this emergency adhere
to any priuciple which it honestly be
lieves will work an injury to the re
public and to the wage-earning citi
zens. It will undoubtedly favor the
repeal of the Sherman bill, which was
passed at the time as a compromise
measure to save tbe country from
Buffering the evils of Democratic free
coinage; but" it will not retact, in the
least, its firm belief in the policy of
protection as the only safe and ad
visable one for the nation to follow,
For more than thirty years it man
aged governmental- affairs, and exper
ience has proved iU theories abso
lutely safe and sound. There is not a
single plank in any national platform
that has been adopted by it since 1860
that has not been proved by the logic
of historical events to have been pa
triotic, and to have been for tho ad
vancement and prosperity of the
country and people.
.During the stormy days which may
be experienced in the national
capitol for the next few weeks the
duty of Republicans is plain. The
silver purchase act is doomed, and it
must meet its fate. This will receive
the hearty approbation of the people,
and is in conformity with the tradi
tions of the Republican party when
it stood like a solid phalanx in favor
of a sound currency at par in tbe
markets of the world against the
tempest that raged around it, caused
by the advocates of equitable adjust
ment of the public debt and greenback
inflation; but the tariff must not be
repealed or modified, and no Kepub
lican must aid by his vote the inaug
uration ot an era of free trade. The
party has been unequivocally opposed
to it since its inception, and no new
path must be marked out for it to fol
low now. In a few words, let Demo
crats and Populists howl and rage for
free coinage and free imports, Repub
licans must stand true to their coun
try's welfare by being anchored to
their party platform. This is patriot
ism, for the history of the success of
the republic since 1861 has been the
history of the Republican party,
, EDITORIAL NOTES.
An esteemed cotemporary,not in the
best of humor, says Grater Cleveland
can get along without Republican ad
vice; but he will need Republican
votes to repeal the Sherman act.
Thirty years of Republican progri-BS
and prosperity in this nation has been
wrecked and mined by five months
of Democratic rulo. This is an olject
lesson that all citizens should study.
The Democratic press last year were
never tired of noting every strike of a
few men and claiming it to be the re
sult of the robber-tariff. They are
very quiet now when the fear of free
trade has thrown thousands out of
employment
The tide is nearing the flood at Tbe
Dalles. In less than two years there will
be unimpeded navigation to the ocean,
and craft will take their freight to
tide water without breaking cargoes.
Are we preparing to take advantage
of the opportunities that will be pre
sented? The way to put nioniy into circula
tion is to circulate it. The govern
ment can coin dollars in its mints, or
stamp paper representatives of dollars,
but it cannot keep them going about
doing good after they are issued. Tbe
people must do that tor themselves.
And the mainspring of mometary ac
tivity is confidence.
A free trade contemporary remarks:
"Wool is at fiee-trade prices."" But
it is worthy of notice that the sales of
wool have not been less for years,
even at the low price. Daring the
niladelphia. liosrnn and TSew
York have been 30,429,174 pounds
less than during the corresponding
time last year. Then and now were
different. People are asking for
reasons.
Mr. . Crisp, who has received the
caucus nomination for speaker of the
house, outlines congressional action
during lhe special session, and is in
favor of Democracy redeeming its
pledges in the Chicago platform. If
that ia adopted the worst distress has
not yet been experienced in this coun
try, aud the present hard times will
be only the beginning of an era ot un
precedented depress.on in all lines of
industry.
General Weaver, with bis little
party, contributed to the election ol
Grover Cleveland last year. And now
he is kept busy peddling bis panaceu
for the ill effects of that election;
playing the role of the doctor who set
aliout to cure an unknown disorder by
throwinsr his patient into tits, for
which ailment he possessed a dead sure
remedy. Tbe general thinks the coun
try is now about sick enough to swal-
low anything, but he is, as usual, mis
taken.
With the number of foreigners who
were expected to visit the country
during this world's fair year, and tne
amount of money they would neces
sarily put in circulation, creat hopes
were entertainsd that 1893 would be
the most prosperous of any that the
republic had experienced for a lone
time: but. instead of being one of
prosperity, it has been a year cf the
most dreadful financial disasters that
have ever occurred. The only appar
ent reason is the expected "change"
promised to be introduced by the suc
cessful Deoaoccracy.
The grain harvest in Wasco county
is beginning, and the indications are
that the yield will be an average one
with a large increase in acreage. With
fair prices in the market this will send
considerable money in circulation,
which is very much needed consider
ing that the wool clip realized little or
nothinir. The Liverpool market is
eagerly watched, and if the great pow
era of 'Europe would engage in deadly
conflict our farmers would reap the
benefit. Wbeu harvests are bountiful
and the people free, happiness and
prosperity should bless the Ian:)
lhe diiuoan revolution was put
down in short order by Britinb and
German warships. These commanders
of their respective eea monsters noti
fied the rebel chief that if he did not
surrender they would shell his camp,
aud he wisely submitted to superior
force. But the question, whether they
hhd the riyht to interfere, will admit
of discussion. Miht apparently makes
right m some instances, aud the propo
sition will not be disputed whim t-uch
powers as Great Britain and Germany
an? on one side and an insignificant
South Sea island on the other.
In the present condition of business
it may be expected that crime will in
crease, because many of those thrown
out of employment will be rendered
desperate by want and starvation. A
strict enforcement of the law, in such
an emergency, is necessary to pro
tect property and life from the
vicious and every city should make
preparations to resiit the inroads
of thieves and thugs. Municipalties
have duties to perform which they
cannot shift or shirk, and a strict en
forcement of police ordinances is one
of the most urgent of these.
Republicans admit that the Sher
man act was the moving cause fof tbe
financial depression; but tbe primal
one that set it in motion was the
election of a Democratic senate and
house and the inauguration of a Dem
ocratic president. These created
public distrust, and immediately gold
began tc flow out of the treasury and
capitalists commenced .to hoard their
money. To restore puXjc confidence
congress should as soon as'possihle re
peal the Sherman act, and emphatic
ally declare that tariff laws will not
be disturbed. This will re-establish
business on a sound basis, and save
tbe country from tbe frightful disas
ters that are now threatening trade
and manufactures.
The Democratic press will have ex
hausted all their excuses for hard
times at the beginning of tbe Cleve
land administration before the cam
paign cf 1896 opens. For over thirty
years Republican management bad
blessed the country with prosperity,
and the Democratic president had not
been inaugurated four month? before
the blackness of despair settled down
upon the land. It is nonsense to say
the Sherman act produced this alonp,
for it had been in operation three
years and no disasters to trade or
industry resulted As soon aa the
people realized that there was danger
to tbe policy of protection public con
fidence became shaken, and business
became stagnant. The same laws are
in force as a year ago, and the con
ditions are the same that existed in
in 1892 ; but the Chicago platform
has caused the public to lose faith and
become weak when they were hopeful
and strong a few months ago.
First Bill la tbe senate.
The first bill of the session wag intro
daced by Hill of New York. Its title
was "Tu repeal certain sections of tbe
act of July 14, 1890. (Sherman law.)" It
was referred without reading to the com
mittee on finance.
Tbe next two bills were introduced by
Stewart 01 rtevaaa. nieir titles were.
'To restore -tbe right of coinage," and
10 supply aenciency in the currency.
rue latter 0111 was read in full. It di
rects the Secretary of the Treasury to is
sne silver certificates equal in amount to
ine silver oullioa in tne treasurv. pur
chased under the act of July 14, 1890, in
excess or ine amount necessary at its
coinage value, to redeem the treasurv
notes issued undei that act, aod to use
tbe same to provide for aov deficiency in
tbe revenues of tbe government, surplus
01 sucn certificates to be ued la tbe pur
chase ot four per cent bonds at their
market price, not exceeding twelve per
cent premium. Stewart said he desired
to call tne attention of tbe finance com
mittee to tbe latter bill. Its purpose was
to give immediate relief. His bill pro
vided, he said, for tbeissuiogof 100.000.-
000 of treasury notts to pay for bunds to
De aepcsrtea by bunks as security for
notes. Tbe notes could be afterward re
tired with bonds that would sive about
$150,000,000 ol increased currency and
would eive immediate relief. The sen.
uie should not delay action when tbe
country was in such a state of panic.
See Wbt
The well-known manager of excursions
to Washington, California, and tbe White
MonntaiDS, I. A. Wbitcorab, says: I
have never had anything to' do me so
much good as your Sulphur Bitters. It
s tbe best spring medicine I ever used.
I would advise all those whoBuflVr from
biliousness and dyspepsia to use Sulphur
Bitters, for I know they cured me.
IESSAGE.
It Deals Only With Financial
Troubles.
MAI SLY k STATEMENT OF FA0T3
KecominentlM n Repeal of the Nilv. r
Inr.-taains Cianse.
Washington, D. C, Aug. 8. Presi
dent Cleveland's message, which was
read to both houses of congress to-day at
noon, is as follows:
To the Congreia of the United Slatts:
The existence of an alarming and ex
traordinary business situation, involving
the welfare and prosperity of all our peo
ple, has constrained nie to call together
in extra session the people's representa
tives in congress, to the end that, through
the wise and patriotic exercise of the leg
islative duty with which they are solely
charged, the present evils may be miti
gated and the dangers threatening the fu
ture may be avoided. Our unfortunate
financial plight is not the result of un
toward events nor of conditions related to
our financial resources, nor is it traceable
to any of the afflictions which frequently
check national growth and prosperity.
With plenteous crops, with abundant
promise of remunerative production and
manufactures, with unusual invitation to
safe investment and with satisfactory as
surance to business enterprise, suddenly
financial distrust and fear have sprung up
on every side. Numerous monetary in
stitutions have suspended, because abun
dant assets were not immediately avail
able to meet the demands of frightened
depositors. The surviving corporations
and individuals are content to keep in
hand money they are usually anxious to
loan, and those engaged in legitimate
business are surprised to find that the se
curities they offer for loans, though here
tofore satisfactory, are no longer ac
cepted. Values supposed to be fixed
are fast becoming conjectural, and loss
and failure have invaded every branch of
ousiness. i oeneve tnese tntngs are
principally chargeable to congressional
legislation touching purchase and coinage
of silver by the general government.
This legislation is embodied in the stat
ute passed July 14, 1S90, which was the
culmination of much agitation on the sub
ject involved, and which may be consid
ered a truce, after a long struggle, be
tween the advocates of free silver coinage
ana tnose intending to be more conserv
ative. Undoubtedly the monthly pur
chases by the government of 4,500,000
ounces ot silver, forced under that stat
ute, were regarded by those interested in
silver production as a certain guaranty of
its increase in price lhe result, how
ever, has been entirely different, for im
mediately following a spasmodic and
slight rise, the price of silver began to
fall after the passage of the act, and has
since reached the lowest price ever
known. This disappointing result has
led to a renewed and persistent effort in
the direction ot lree silver coinage.
EVIL EFFECT OF THE SHERMAN LAW,
Meanwhile not only are the evil effects
of the present law constantly accumulat
ing, uui me resuu 1.0 wmcn 11s execution
must inevitably lead is becoming palpa
ble to all who give the least heed to the
financial subject. This law provides that
in payment for 4,500,000 ounces of silver
bullion, which the secretary ol the treas
ury is commanded to purchase monthly,
there shall be issued -treasury notes re
deemable on demand n gold or silver
coin, at the discretion 6f the secretary of
me treasury ana int Mia notes may oe
SS Vl
1 1 , .t - i . . 1
United States to maurtain tbe two metals
.. . 1. .u u
upon a panty.wtrn .-each other upon the
C resent legal ratiS or such ratio as may
e provided by This declaration
so contwjis thi'agtion if the secretary of
me treasury jx 10 prevem nib exercising
the discretion nominally vested in him, if
Dy sucn action ine parity Deiween goia
andsilver may be disturbed. Manifestly
a refusal by the secretary to pay these
treasury notes in gold as demanded
would necessarily result in their discredit
and depreciation as obligations payable
only in silver, and would destroy the
parity between the two metals by estab
lishing a discrimination in favor of gold.
SILVER BULLION PURCHASED.
Up to July 15, 1803, thesfe notes had
been issued in payment for silver bullion
purchased, to the amount of more than
$ 147,000,000. While all but a very small
quantity of this bullion remains uncoined
and without usefulness in the treasury,
many of the notes given in its purchase
have been paid in gold. This is illus
trated by the statement that between
May 1, 1892, and July 15, 1893, notes of
this kind issued in payment for silver bul
lion amounted to a little more than 54.-
000,000, and that during the same period
about 149,000,000 was paid by the treas-
ijr j 1
urv in gold for the redemption of such.
notes. The policy necessarily adopted
of paying these notes in gold has not
spared the gold reserve of 100,000,000
long ago set aside by the government for
the redemption ot other notes, tor this
fund has already been subjected to the
payment of new obligations amounting to
about 150,000,000 on acount of silver
purchases, and has, as a consequence,
for the first time since its creation, been
encroached upon. We have thus made
the depletion of our gold easy, and have
asked other and more appreciative na
tions to add it to their stock. 1 hat the
opportunity we have offered has not been
neglected is shown by the large amounts
of gold which have been recently drawn
from our treasury and exported to in
crease the financial strength of foreign
nations.
EXCESS OF COLD EXPORTS.
The excess of exports of gold over its
imports tor the year ending June 30, 1893,
amounts to more than 87,000,000. Be
tween Julv i, 1892, and luly is. iKcn.
the gold coin and bullion in our treasury
decreased more than 132.000.000. while
during the same period silver coin and
bullion in the treasury increased more
than 147,000,000. Unless government
bonds are to be constantly issued and
sold to replenish our exhausted gold.
only to be again exhausted, it is appar
ent that the operation ot the silver-pur-
1 t e 1 j . t f
cnase law now in iorce leaus in me direc
tion of the entire substitution of silver for
gold in the government treasurv. and
that this must be followed by the pay
ment ui mi KuveiuiiieiiL uunKauuns in
depreciated silver. At this stage gold
and silver must part company, and the
government must fail in its established
policy to maintaiu the two metals on a
parity with each other. Given over to an
exclusive use of currency greatly depre
ciated, according to the standard of the
commercial world, we could no longer
claim a place among nations ot the first
class; nor could our government claim
the performance of its obligation, so far
as such obligation has been imposed upon
it, to provide lor tne use of the people
tne best and safest money, it, as many
of its friends claim, silver ought to oc
cupy a larger place in our currency and
the currency of the world through great
international co-operation and agreement.
it-is obvious the United States will not be
in a position to gain a nearing in favor ot
such an arrangement so long as we are
willing :o continue our attempt to accom
plish the result single-handed.
HOARDING THEIR MILLIONS.
The knowledge in business, circles
among our people that our government
cannot make its nat equivalent to intrin
sic value, nor keep inferior money on a
parity with superior money by its own in
dependent efforts, has resulted in such a
lack of confidence at home in the sta
bility of currency values that capital re
fuses its aid to new enterprises, while'
millions are actually withdrawn from the
channels of trade and commerce to be
come idle and unproductive in the hands
of timid owners. Foreign investors are
equally alert. They not only decline to
purchase Amencan securities, but make
haste to sacrifice those which thev have
already. It does not meet the situation
to say the apprehension in regard to the
future of our finances is groundless, and
that there is no reason for the lack of
confidence in the purposes or power of
the government in the premises. The
very existence of this apprehension and
lack of confidence has caused a menace
which ought not for a moment to be dis
regarded. Possibly, if the undertaking
we have in hand were the maintenance
of a specific known quantity of silver at a
parity with gold, our ability to do so
might be estimated and gauged, and per
haps, in view of our unparalleled growth
and resources, might be favorably passed is
77 ITEwrirf ITS
Udot- 'oui wren our avow
jc f.5 maintain such a parity in
flip amount of silver increasing at
rate of $50,000,000 yearly, with no fixed
termination to such increase, it can hard
ly be said that a problem is presented
whose solution is free from doubt. The
people of the United States ara entitled
to a sound, stable currency, and to
money recognized as such on every ex
change and in every market of the world.
Their government has no right to injure
them by financial experiments opposed
to the policy and piactice 01" other civil
ized states, nor is it justified in permit
ting an exaggerated and unreasonable re
liance on our national strength and ability
to jeopardize the soundness of the peo
ple's money.
ABOVE THE PLANE OP POLITICS.
This matter rises above the plana of
party politics. It vitally concerns every
business and calling and enters every
household in the land. There is one im
portant aspect of the subject which es
nerinllv should never be overlooked. At
a time like the present, when the evils of
unsound finance threaten us, tne specu
lator may anticipate the harvest gathered
from the misfortune of others; the capi
talist may protect himself by hoarding or
may even find a profit in the fluctuation
of values; but the wage-earner the first
to be injured by a depreciated currency
and the last to receive the benefit of its
correctton is practically defenseless.
He relies for work upon the ventures of
confident and contented capital. This
failing him, his condition is without alle
viation, for he can neither prey on the
misfortunes of others nor hoard bis labor.
One of the greatest statesmen our coun
try has known, speaking more than fifty
years ago when the derangement of cur
rency had caused a commercial distress,
said: "The very man of all others who
has the deepest interest in sound cur
rency and suffers by mischievousr" legisla
tion in monetary matters is the man who
earns his daily bread by his daily toil."
These words are as pertinent now as on
the day they were uttered, and ought to
impressively remind us that a tauure in
the discharge of our duty at this time
must esDeciallv iniure those of our coun
trymen who labor, and who, because of
their number, are entitled to tne most
watchful care of their government.
THE RELIEF MUST BE QUICK
It is of the utmost importance that
such relief as congress can afford in the
existing- situation be given at once. I he
maxim that " he gives twice who gives
quickjy" is directly applicable. It may
be true the embarrassments from which
the business of the country is suffering
arises as much from the evils apprehend
ed as from those actually existing. We
may hope. too. that calm counsels will
prevail, and that neither capitalists nor
wage-earners will give way to an unreas
oning nanic. and sacrifice their properly
or their interests under the influence of
exaggerated fears. Nevertheless, every
day 's delay in removing one of the plain
and principal causes of the present state
of things enlarges the mischief already
done and increases the responsibility of
the government for its existence. What
ever else the people have a right to ex-
pect from congress, they may certainly
demand that the legislation condemned
bv an ordeal of three years' disastrous
experience shall be removed from the
statute-books as soon as their represen
tatives can legitimately deal with it.
QUESTION OF TARIFF REFORM.
It was my purpose to summon con
gress in special session early in the com
ing September that we might enter
promptly upon the work of tariff reform,
which the true interests of the country so
clearly demand, which so large a major
ity of the people as shown by their suff
rages desire and expect, and to the ac
complishment of which every effort of the
present administration is pledged. But
while tariff reform has lost nothing of its
! JllluJCUIdL
immediate and permanent importance,
d . h fut th
attention of congress, it has seamed to
me that the financial condition of the
i 1 , . w . i . r . 1 1
country snouia ai once anu ueiore an
h bj b considered by your
Y K. jvj ' '
h"orabIe bodV-
I earnestly recommend the prompt re-
peal of the act passed July 14, 1890. au
thorizing the purchase of silver bullion,
and that other legislative action may put
beyond all doubt or mistake the intention
and ability of the government to fulfill its
pecuniary obligations in money univer
sally recognized by all civilized countries.
OROVER CLEVELAND,
TEjlEGBAPHIO HEWS.
91tee Arjermath
Chicago, Aug 9 Prominent Chicag
bankers were asked last evening tbeir
opinion of the president's message
President Lymao J. Gage, of the First
National bank, and: "It id sound, sea
fcible, pointed, convincing, and well ar
gued. It is a most excellent message.
President Mitchell, of tbe Illinoi
Trust & Sasitigs bank, said: "The pres
ident's recommendations are plain and I
the point. He advises the prompt nod
M'oudiiiocal repeal of the enacting clause
of the Sherman bill. If congress does
that much and does it promptly, coDfi-
dunce will be restored.
President Oditll, of lhe Union National,
said "I think the president has gone as
tar as he cou.d with propriety. If con
grtas follows tbe recommendation in the
closirs part ot the message, it will go
long way toward restoring confidence,
That ;s what is wanted first."
The meptoge bad a distinctly nnfavor
able construction on the speculative ex
change, the theory being that it -was
vague in expression and bad in it no
suggestion of comfort. On tbe board ot
1 rude, operators made the message an ex
cuse for an attack on everything.
general decline in stcurities," grain and
produce followed.
Rio Urande Revolution.
Kio Janeiro, Aug 9 Notwitbstand
ing tho riijid censorship of all messages
and tbe absolute prohibition of com
mun cation by the government, the cor.
respondent is enabled to report the sit
uation 10 the capital. Tbe government
was surprised and alarmed at 'he exten
of the rtro uiion in the Rio Grande lo
Sul owing to the popularity ot Rear-Ad
mtral VVandelkoik in naval circles Pres
ulent Peixotto aud his cibinet feared
oai mere was a wiacspread conspiracy
against his administration. The loyalty
ot tne navy was suspected, and the tire
step iaKen iv the goyernment was to
prohibit alt telegraphic communication
10 the south. This was followed bv an
order prohibitiDg transmission of cipher
messnges ot any nature over tbe wirc-s 10
Brazil. As far as can be learned the
gen-ral sentiment of the country favors
tbe revolutionary movement. The fed
eral troops in this case are con&tantlv
under arms. Political messages are pro.
hibited, tbe government tearing con
certed ucuon in several states should
Rio Grand" dr Sal have free communi
cution with Balita and Pern-imbuco.
Cievelautl'a Letter f Acceptance.
Washington, Aug. 9 "The people
are entitled to sound and honest money,
abundantly sufficient lu volume to 8u
ply tbeir busints needs But whatever
may be the form of the people's cur
rency, national or state, gold, si'ver or
paper, it should he so regulated and
guarded by governmental action or by
wise uml careful laws that do one can be
deluded as to the certuictv and stability
of its value. Every uollnT put into tbe
'1 an as of tne people should be ot tbe Same
intrinsic value or purchasing powtr.
with this condition absolutely guarau
teed, both gold and stiver ca-i be safely
utilized upon equal terms in the edjusi
ment of our currency." Tbe above 19 an
excerpt from Cleveland's letter of accept
ance, and a typewritten copy is being
passed abont among the congressmen by
tbe silver men. 'Gentlemen likeDockery
and Biancbard of Louisiana say tbe pre
idenl a message and die letter of accept
ance uo not jibe, that the letter is much
mora favorable to silver than the mes
sage.
Bos Wounded.
Walla Walla, Wash., Aug. 8 Tbe
12-year old son of W. S. Hale, while
bunting in the mountains, was badly
wounded in the groin by shot. Partic
ulars are pot obtainable. A physician
left for the scene at midnight. The boy
reported In a precarious condition.
rV. J T- . - .
A Ovnamlie lie:;vfr'!.
Panama, Aug 9 Advices from Carta
gena aie to the effect that the govern
ment has succeeded in frustrating a ploi
ot the libi-rals to blow up portions of
Cartagena. Birranqoila and the country
residence of Nunez with dynamite. Tbe
wildeJt excitement prevails as a conse
quence. It 12 reported that tha govern
ment buj been aware lor some time of
the plot and allowed it to proceed,
watcning it closely until it was the
proper time to kill the movement at one
blow . aud baa all the coon:rator4.
Among these utider arrett are S'omiogo
Vila, governor of Panama in 1835, and
General TJrrea. The latter was charged
with the executioii of tbe plot. All will
probftbly either be shot oresecurid. 'phc
intention of the plotters was to follow up
tbe destruction by dynamite with a cen
iral revolution throughout the republic
and tooveribrow the government The
faiUireof tbe scheme is due to '.he be
trayal of the plan by one of the partic
ipants. A Quarrel la JSndea.
New York, Aug. 9 In a fit of anger
at 3 o'c nek this morning John H. Meis
ter, aged 45, a prosperous baker of 5U2
Henry street, Brooklyn, put an end to a
life ot quarreling he led with his wife by
shooting six bullets into ber, killing ber
almost ins antly, and then committed
suicide. H s suicide was a most deter
mined and shocking one He first sent a
nullel eras' ins through his right temple
Tnis failed to produce death, and then,
crazed with the shock, he climbed to the
roof ot the hone and made his way
across the roofs ot tbe neighboring build
ings to 510 Henry street. Here he
climbed down tbe fire escape to tbe back
yard, where he banged himse'-f by a
clothesline to a pole. Tho couple had
been married 26 years. Meister owned
the corner bakery at Sackett and Henry
streets, and was doing a prosperous bnsi
ness. Tbe couple quarreled all day yes
terday and last night.
Yellowstone .National Park.
Washington. Aug. 9 Secretary Hoke
Smith has received tht annual report of
Captain George S. Anderson, of tbe Sixth
cavalry, acting superintendent of the
Yellowstone National Park. The report
states that tbe most disastrous forest fires
of many years occur ed during July of
this year, when a strip about seven miles
long and two or more miles wide was de
st roved. Tourist travel for the jear is
under the average. Game in tbe park is
abundant and increasing. It is esti
mated that theru arc now in the park
25,000 elk, 400 buffalo, 500 autelope and
large numbers of moose, deer, beaver,
bear and other wild game. Poaching
bas apparently increased.
Mexican Cattle Thrives.
San Antonio, Tex., Aug. 9 -The Mex
ican outlaws on the upper Rio Grande
border are becoming so numerous and
bold 'bat the authorities are unable to
cope with them. A band of thrives ran
800 head of beeves across tbe Rio Grande
last week. The cattle were the property
of Rc-ss and Malone. They with sheriffs
and other official help were soon on the
trail. The party is still pursuing the
theives on tbeir own soil, with the help
of Mexican rangers. Otber losses sre re
ported from the neighboihnod of Pinto
J M. Campbell has lost $7000 worth of
fine beeves this summer, and W. H
Jones bas sustained heavy losses.
Sikooting at Wat la Walla.
Walla Walla, Wash , Ang. 8 Wilse
Coyle shot a man named Johnson in a
saloon tonight. Johnson and soma com
panions were in tho saloon drinking,
when (Joyl came lu and said he would
drink w lb bim Johnson objected, when
Coyle drew a pistol and shot Johnson in
tbe right leg, ionicting a dangerous
wound uoyle was ariested and is now
in jail.
Are Still Cancaalaa.
Washington, Aug. 10 Both thu house
and senate will' probably adjjurn at tha
close of today's session unl'l Monday for
a breathing" spell, aod to make some fur
ther efforts to determine "where tbey are
at," by caucusing aud private consults
t'on. Tbe understanding was late la.-t
night that Bland would be ready to in1
troduce in the houe today bis silver bill,
and that the speaker had agreed to rec
ognize biro for that purpose. Bland's
intended bill, it is said, puts first tbe tree
coinage of silver at a ratio to be deter
mined later; and provides fot tho repeal
of the purchasing clause ot the Sherman
act. It is not developed tbui far this
morning whether B and will attempt to
carry out the arrangement. Everything
is so much at sixes and sevens ia the
ranks of the silver men that prearranged
plans are liable to be upset st tbe last
moment. Tbe committee appointed by
chairman of thu bouse silver caucus yes
terday arranged to meet this morning in
the judiciary committee room to carry
out instructions to frame a bill and out
line a plan of campaign. Practically the
bill was defined in advance by the caucus
resolution, saving tbe ratio. There being
no rules 10 the house at present, the sil
ver men intend to get tbeir bill in as
early as possible, so as to eccure what
ever advantage may follow from being
first on the list of measures before the
hou-e.
Speaker Crisp and Secretary Carlisle
were 10 c'oas consultation this morning
It was confined to a discussion of rules
to be adopted for tbe government of tbe
bouse. Tbe administration, it is said,
fee 8 tbe necessity of the house passing
such rules as will permit speedy action
on the financial question.
The Deadly Folding- Bed.
New York, Aug. 10 Mrs. Edward
Gorman, ot 62 Bank street, was burned
to death last night in a peculiar manner.
Mrs. Gorman was cleaning a folding bed
with a mix'uri- ot kerosene aod carbolic
acid. Iu ber band she carried a lighted
lamp. Suddenly the bed closed, break
ing the lamp and scattering tbe burning
on a I over Mrs. tio1 man and manioc
ber inside the bed, which held her with a
vise-like grip. The neighbors heard bt-r
screnms but were unable to ri-uder any
uss;s'aucu on account of deu-c smoke
Aj alarm was turned in, but when the
firemen arrived the first thing that met
tbeir gtze wa the blackened and charred
body of Mrs. Gorman still partially en
closed in tbe lalal bed. Only the ske'e-
ton of the bed was left, sod a few blows
with an ax released tbe body, which was
carried into a back room and laid out
Tho woman leaves a husband and fire
chiidreD.
Henry fjillfry Oat.
Washington, Aug. 10 Senator Hill,
01 jNew lorK. named lor tin only ap-
poiutee Colonel John A. McEweD, of
New York, who is tu be principal legis
lative clerk, in place of Henry H. Gilfry,
ot Oregon, who bas held this position a
good many years. Colonel McEwen is a
personal friend of Senator Hill, and met
him iu his Southern tour last fall. Sen
ator Eenna, of West Virginia, died poor.
leaving a large family unprovided for,
Colonel Wright, sergeant-at-arms, bas
appointed Arthur Kenna, one of bis sons,
pige. Mrs Kenna received a recess ap
poictnient as postmistresr at tier home.
Charleston, West Virginia, and, as tbe
receipts of the office have since incieased
to us to bring it witbin tbe presidential
class, ber name will undoubtedly receive
tbe immediate confirmation of tbe senate
when sent in.
jiuod farlnz Slineit.
Baker City, Aug. 9 The Viituu gold
mine this evening sent in $10,000. Tbe
clean up is the result of 15 days's run of
tbe stamps. Tbe Mabel mine bas $3000
to show for hve days' work of two
stamps. Eight thousand dollars were
received from tbe mines yesterday .
sir--: . s b x : 1 i JsVr-
I IIH
nuw uniaiina nouscr,
THE DALLES. OREGON
SINNOTT & FISH. Proprietors
.
fHE LARGEST AND FJNE8T HOTEL IN OREGON
Free Omnlrju
Ticket and Baygaje Oficn of the UNION PACIFIC Railway Company, and Vflce oj tht
Western Uuion Telegraph Company, are in the Hotel.
Yfm! Wqit
JL J til T T LU-L1 tl
We keep the Largest and Bffic Assorted Linn ia
the city, of Dry Goods and Notions, Gents' Fur
nishing Goods and Clothing, Men's, Ladies' and
Children's Fine Shoes.
We Wailt
Of courso we will put Prices to suit. Always do
that. Nobody undersells aa. Come around and
investigate.
Pine
Wines
DOMESTIC and KE1 WEST CIGARS.
The Celebrated Pabst Beek.
171 Second Street,
S. IF. MDDID)?
Gener 1 Commission and tariff Merchant
391, 393 and 395 SECOND STBEET,
(Adjoining Railroad Depot.)
Consignments : Solicited j
Prompt Attention to those who favor me with their patronage.
The Highest Price paid in Cash for Wheat, Barley, Etc., Etc
THE 0R0 FIN0 WINE ROOMS
V.r. KELLER, Proprietor.
Port 81,
-A
Sherry 81
Muscat 83,
Angelica 83,
Mountain 83'
an Gregrorlo Vineyard Co. mencj .
All Wines and Brandies
The Best Wines. Liquors
Try the best remedy for
MEECHAIT TAILORING.
, .
MR. PAT. FAGAN,
In his establishment on the corner of Third and Federal Streets
is now prepared to make
SDrinp: and Summer Suits!
1 o
Of tho best Imported and
guaranteed in
OAIili and EXAMINE BAMf .UBS.
JOLES : BROS,
DEALERS IN
Staple and Fancy Groceries,
HAT, GRAIN AND FEED.
Masonic JJIoolt, Tlilrxl and Court HIm.
THE DALLES,
CRANDALL & BURGET
Are now selling tbeir fine line of
Furniture and Carpets at Cost!
C73a.clertai33.g,
Unicrn and Second Street.,
rrr
to and from the Hotel
Fire-Proof Safe for the Safety cf : Valuables
Your Drv Goods
t
Your Patronage.
A. M. WILLIAMS & CO
arid Liquors,
FRENCH'S BLOCK,
' THE DALLES, OREGON
Burgundy 83,
Zinfardel 84,
Riesling 83,
Hock 83,
V Table Claret
Guaranteed Strictly Pure
and Cigars Always on Sale.. '
Dyfipepsia, "Dandelion Ionic.
Domestic Goods.
A Fit
every instance.
OREGON
a Specialty.
THE DAISES, UKEUUW