The daily morning Astorian., July 19, 1885, Image 2

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AST01UA, OREGON:
SUXD-VY..JZ. . IL'JA' l:. 15
raz; comixg issvj:.
New Yohk, July W. Tho &. hi a
leader on "superstitions worship of gold,
says: "That N&w York bankers and bank
officers should desire the maintenance
of the gold standard is natural. Tliey
have become accustomed to that stand
ard for half a century. Their transac
tions with Europe are based upon it.
The transition to the silver standard
would in a measure diminish the purchas
ing power of their capital; but the
secretary of the treasury is an officer
of the Unite d States government, and as
such has to obey the law of congress.
For him to organize a conspiracy with our
bank presidents to nullify these laws is
an act of a serious and improper char
acter." The Sun argues that there is no
law requiring any part of the national
debt to be paid in gold, nor act of con
gress requiring 100,000,000, or any other
sum to be kept in gold as a special fund
for the redemption of legal tenders. It
is purely an arbitrary construction of the
resumption act. The $03,000,000 of
silver :n the treasury are just as available
by law for the redemption of legal tenders
and the payment of interest on the pub
lic debt as 'is the 118,000,000 in gold.
Tiieue is a considerable amount of
sounding goiug ou in connection
with the silver question. New plans
for a readjustment of the relations of
the two precious inelals are very
abundant, especially in New York
and 'Washington. Theie is mere or
less verbiage observable all arcund.
But the bottom fact in all cases is
the demonetization of silver once
more. There is a strong motive
power behind all that is going on.
It is furnished by the holders of
United States bonds, mostly repre
sented by the national banks. For
nearly a quarter of a century we have
been engaged in the cheerful pastime
of raising successive crops of million
aires. One class of these favored be
ings is represented by ihe holders of
the national bonds. These obliga
tions of the government were origin
ally purchased at from 373 c to 50c
on the dollar. They were purchased
with currency which ranged at about
these figures.
At one time an effort was made to
invest these operators with a phen
omenal patriotism. Bnt that was
some years ago, when les3 r.i3 known
about finance than now. Yery little
of that kind of rubbish is at present
encountered. It Las been swept out
together with the blessing of a na
tional debt, once preached by Jay
Cooke a blessing by the "way, under
which he ultimately succumbsd him
self. The purchasers of national
bonds bet from 3?Jc to 50c on the
dollar that the Union armie3 would
triumph in the contest with rebellion.
They have won. All who acknowledge
just and honest sentiments are per
fectly willing that they should get
their dollar, but no more. This is
proved by the recent history of the
country. There arose twenty years
ago a party which, by the way, is nor
dissipated yet, which proposed to
pay the national debt in paper.
Its scheme was to liquidate the notes
of the government by giving other
notes for them. If that parly had
succeeded, a system of inflation would
have been set up, which, in time,
would render the bonds of the Uni
ted Slates utterly worthless, 'ihe
old continental currency, under a
similar method of treatment, had
lost all value. A barber's shop in
Philadelphia was once papered with
it Bonds paid in such currency
would have brought the careers of
many promising millionaires to a dis
astrous halt.
But the common sense of the
country refused to sanction a pro
ceeding so manifestly dishonest. A
resolution was passed in congress in
18GS, after a fierce contest in all the
states, in which it was declared that
the debt of the United States was
payable in coin in gold or silver.
That was considered to bo a great
triumph for the bondholder?. It was
also a grand manifestation of ihe
sterling integrity of the people. Bui
no sooner was that point gained than
the bondholders intrigued to secure
payment of iheir obligations in geld
alone. Iu 1873 silver was surrepti
tiously demonetized. "V hen the peo
ple realized the wrong sought to be
inflicted on them, the rehabilita
tion of tho silver dollar was demanded
with an angry popular voice. Cer
taiuly that underhanded elimination
of silver was a poor return for the
national honesty which had only a
few years before declared that tho
debt should be paid in gold or silver,
though the act under which it was
contracted did not specify what the
currency should be.
Now, after a lapse of ten years, the
bondholders return to the charge
again. Their proposition, with a cir
cumlocution that deceives nobody, is
to set up the single standard of gold.
In 1868 their great anxiety was to se
cure a declaration from congress that
they should bo paid in gold or silver.
In 18S5 they demanded to be paid in
gold. The reaction 13 signalized by
greater animation than ever. The
administration appears to be under
control of the gold monometalists.
f b: gmtg
It is said circumstantially that presi
dent Cleveland's pre-installation sil
ver escapade, which evidently stunned
him for the time being (for ho had
not a word to say on silver in his in
augural) has had no permanent effect
on him, and that ho will renew his
assault on the white metal when con
gress assembles. Samuel J. Tilde n
who has been eleva ted to the posi
tion of Sage iu the Democratic p irty,
mainly because he delivered his orac
ular utterances sealed on a barrel of
money, wants to have all his bonds
paid in gold. Democratic statesmen
arc rushing to and fro for advice
from him, and they all apparently
come back with the same story. "We
have here the outlines of what prom
ises to be the main issue of the off
years. But the question is not con
fined to the bonds of the United
Stales. It enters into tho whole lo
cal structure. It affecis all obliga
tions, individual as well as national,
state and municipal.
It is, curious as it may appear lobe,
a communistic outbreak of the rich
against the poor; of the small monei
loaniug centers cf New York and
Boston against the whole country.
It wears tho aspect of a most unwise
and injudicious proceeding. If the
holders of the long bonds of the
United States were to-day paid in sil
ver, ihey would get more than par
from the metal sold at bullion rates.
The standard dollar is at a discount
of 17 per cent with reference to gold.
But United Slates fours of 1907 are
qnoied ai a premium of 22'2 per cent.
Even the fonr-and-a-halfa of 1891 sell
at 112i. If the single standard of
gold should now be set up, debtors
everywhere would be seriously crip
pled. Contraction in as severe a form
as in ISSO would set in. Prices of all
kinds of properly would depreciate.
Industrial ' dislocation and labor
strikes would soon follow. "Whether
this is a condition of things which
bondholders should bo anxious to
promote we will not undertake to say.
One thing may be set down as cer
tain no disguises that are at all ef
fectual can be maintained. If tho de
monetization of silver is pressed it is
the bondholders and allied cliques
against the people of the United
States. There need ba no specula
tion as to what is likely to be the is
sue of such a contest.
There is an effort sometimes to
make it appear that the only suppor'
ers of silver are silver miners and the
states in which silver is produced.
But that is a position that cannot
be long maintained. Tho silver
miners do not derive auy direct ad
vantage from the present law in re
lation to the coinage of silver. They
sell their bullion to tho govern
ment at commercial rates. It is
the government that apparently
makes the difference between these
ratss and par, but it is only apparent
ly, for it exchanges gold for silver in
specified amounts at the sub-treasury.
That is all the silver miners derive
from tho law. If that market was
taken away silver would fall still
lower. It will be fortunate, perhaps,
if the price slopped at a dollar an
ounce. The indirect protection which
they receive does not amount to a
great deal. But there arc products
which are protected to the extent of
GO per cent, and higher. Iron in
Ohio and Pennsylvania, in certain
forms, is protected to the oxicut of
G0.15 per cent. Tho crude ore has a
tariff of 20 percent on iis side- pig
iron of 27.1G per cent. "Why silver is
not entitled lo a like fostering care
none of its enemies care to explain.
But all this is merely a side issue
or corollary. The main question is
one which concerns tho debtors of
the United States that is to say, the
people of the United States, individ
ually, and in their collective form, in
cities, states and the nation. If gold
is mado the single standard, 17 per
cent will be added to all Ihey owe,
with a prospect of a still further ex
pansion as silver recedes.
It is reported that owing to tho fail
ure of the United States government
to pay part of the subsidy to the
Pacific Mail steamship company for
carrying . ilia Australian mail, the
colonies will refuse to renew iis pay
ment when the present contract ex
pires in November, aud the Australian
line will be withdawn. The Com
mercial ITeics sarcastically adds, if it
were a job to float railroad bonds
and build a doublo track road to
the north pole, the government would
probably stand in to the extent of a
few hundred million dollars. But
being only an aid to our declining
merchant marine, and seafaring men
being very poor politicians, tin ro is
not much hope of obtaining govern
ment aid.
Hxxiir Geouge thinks that if you
will do three things, you can do al
most anything else with impunity
keep your family in good moral at
mosphere, stick lo your friends and
your ring and don't get into the p2n
itentiary. Follow these rules and,
anything else you do. will not be
counted against you.
The Oregonian thinks it is likely
to become a settled principle, that un
der our system of assessing real prop
erty for taxes at not more than one
third of its value, mortgages on real
property will be required to pay only
one-third of the taxes levied upon
them at their face or nominal
value; and that this wonld be sus
tained in tho state courts as well as
in the courts of the United States.
A chemist in New York asserts
that in every one Lmdred pounds of
green tea used in this country the
consumer drinks more than half a
pound of Prussian blue and gypsum.
It is said that General Grant in
tends, if he lives, to write a second
book a history of the men and limes
during the eight years of h:s civil ad
ministration. The Steamer Clara Parker,
Euen P. Parker, Master.
WILL MAK AH EXCURSION
-TO-
Cliirt, Ilwaco 3i Ft. Canty,
0L7 O ID J&. "S"
Fare for round trip, S I .
Will I.eaf Miln Stieet Dock at a A.
SI
EXCURSION!
The Sieamer GEX. MILES
Will leave Gnu's Dock for FORT
CANBY and 1 I.WACO.
L37 O X 3l "5T
AtS Y.M.rcturuinj;. leave Ilwaco at l:3)iM.
The Steamer NOVELTY
Will leave Graj'.s Dock Immediately afUr
the arrir.u of the Telephone fioni
Portland, and will leave
Ilwaco about C P.M.
Fare for Either Round Trip, $1.00
J. H.I). GRAY, Agent.
BEMEMBER!
ADLER'S
Will only last
A SHORT WHILE LOWER!
GREAT.BARGAINS
IX
BOOKS and STATIONERY,
PICTURE FRAMES,
Albums, Baby Carriages,
TOYS. ETC . ETC.. ETC.
Alter EeteliOE
IN
A stylish business suit - $10
Former price - - - 15
A stylish business suit - 1 1
Former price - - - 1G
Fine Diagonal suit - - 20
Former price - - - 25
The very best dress suit 25
Former price - - - 30
Boys and youths' suits at crcally re
duced prices, also all the cxtensire as
sortment oi Mens burnishing noons,
Hats and Caps,
Boots and Shoes Trunks and Valises,
Sold at cost by
D. KANT,
THE BOSS
Merchant Tailor and Clothier.
OXjOTHIETG-!
J VI &)w A
Empire Store lo the Front
We lieg to direct special attention to our LATEST IM
PORTATIONS of NOVELTIES
Fine Dress Goods,
Parasols,
Hoopskiris,
Which we are selling
The Best Goods at the
HAS. HEILBO
Dealer at Wholesale ami Retail in
Fiirnitun
Bedding,
Oil Cloth., Wall Paper,
Window Shades, Mouldings, Etc.
Astoria Furniture Co.,
Dealers
Furniture, Bedding, Wail Paper, Mirrors,
PICTURES,'
ffloiililiif, Carpets, Mattii, Pictnre Ernes, Window Slates, etc.
Cor. Clicnanuis and Hamilton Sts.
WILLAMETTE
Thirty Professors aud Instructors. 336 Students!
Departments of Literature. La-r, JIciMcInr, MiMrnnd Art. r.lorullon a specially.
Board and home for ladle in the Woman's College, $3Jo per week. Mrs. Y. S. Harring
ton, Dean.
Contlemen board in clubs for $2JS to $3.00 per week. Many hoard themselves for 1.00
to St JM per week.
The best moral government is maintained. Tuition hall price to children of ministers
and those preparing for the ministry.
First term begins September 7th.
Law Department opens Sept. iCth. Medical Department opens in Portland December
2nd, 1SS5, Dr. E. I. Frascr, Dean. Send for catalogue and Information to
THOS. VAN SCOY, President, Salem, Or
C K. ItAIX,
K..T. 1IAUT.
EXCELSIOR MILL.
Having built and refitted with improved
machinery the abovo mill at larga expense,
wo are now prepared to
MANUFACTURE
And Furnish all Kinds and Sizes ef
Sash, Doors, Blinds,
And everv description of Mill "Work with
Promptness and Dispatch.
Mouldings. Turning and Bracket Toik a
Specialty
AllKind3 of Finished Lumber for
Sale.
We cordially invito our friends and lha pub
lic to give us a call.
Cor. Counvicre and Astor Sts.. Astoria, Or.
BAIN & HART. Proprietors.
J. P. AUSTIN,
Seaside - Oregon
DEALER IX
Groceries, Wines, Liquors,
TOBACCO AND CIGARS.
-A FINE BILLIARD TABLE.
Holden's Auction Rooms
Ektablbhed January 1st, 1877.
E. C. HOLDEN,
Real Estate and General Auctioneer
tvnd Commission Merchant,
Chenamus Street. - Astoria, Oregon.
Auction sale of Sundries every Saturday,
at 10 -J20 a. sr., at mv Auction Rooms.
Will conduct Auction Sales of Real Estate,
Cattle, and Farming Stock wherever de
sired. Cih Bttnrat Promptly made after Sale.
Consignments respectfully solicited.
Notary Public for the Stato of Oregon.
Commissioner of Deeds for Washington
Torritory.
Agent for Dallv and "Weeklr Oreqonian.
J. A. WILSON.
(Late of San Francisco.)
PAINTER, PAPER HANGER
AND
3D ECORA TODEl.
Has located iu Astoria and solicit a share
ef lha patronaKC. All work strictly first
class. Terms inoderato.
Order box at Van Dusen'a.
NOTICE.
MILK. DEPOT,
FRFSII FRUITS,
Candy and Notions, Good Cigars
and Tobacco, at
C. P. WIfcSOS'S
WCOME AND SEE ME-
House and Lot For Sale.
THREE BLOCKS SOUTH WEST OF
school house In district No. 1. Inquire
acM. IIAMBACHER'S barber shop, Main
street.
Lawns,
Corsets,
according to our motte:
Lowest Possible Prices.
Carpets
Matting
In
II. Iu BUISSON, Manager.
UNSVER
WILL
Faster
AND
EASIER
Than any o'h
er axe made.
Hundreds of
woodmen tes
tify to lLs supe
riority. It tjoes
Deep and JieTcr
Sticks.
CARXAIIAN
& CO..
Agent Astoria.
Price, SI. 50.
ASTORIA IRON WORKS.
Bkjtox Stkeet, Keaii Fakkeii IIousb,
ASTORIA. - OREGON.
GENERAL MACHINISTS AND
BOILER MAKERS.
LAM MaBe ENGINES
Boiler Work, Steamboat Work
and Cannery Work a spe
cialty. Ol STI jXTG-S ,
or all Descriptions made to Order
at Short Xotlce.
A. D. "Wass, President.
J. G. HosTLF.it, Secretary,
L W. Case, Treasurer.
John Fox.Superintendent.
Notice.
BE IT KNOWN THAT I. GEO. W. TAR
dee, of Astoria. Orogon, have this day
purcacd of AI. C. Hutchiugs the right of the
said 31. C. Hutchlnzs patent process for test
ing sealed cans In the state of Oreuou and
territory of Washington, for the term of 17
years from the 17th day of ilarch, l$S5, ex
cept one right sold to M. J. Kinney and one
right sold to the Aberdeen Packing Co., at
Ilwaco. W. T.
GEO. W. PARDEE.
Notice of Application.
NOTICE IS HEREBY GIVEN" TIIATTHE
undersigned, will apply to the common
council of the city of Astoria, at its next reg
ular meeting for a license to sell wine, malt
and spirituous liquors in less quantities
man one quart, lor a period or one year
mine uuuuing suuaicu on uiock ;h in tue
city of Astoria as laid out and recorded by
j.ar.Sblveiy.
3IR3. 0'BRfEN.
G. A. STINSON & CO.,
BLACKSMITH1NG,
At CapL Rogers old stand, corner of G&sa
and Court Streets.
Ship and Cannery work. Horseshoeing.
Wagons mado and repaired,
guaranteed.
Good
work
Etc.
r-fiUPLEYlcut
AXE.
PA7MTIDAU3.30.nS!.
J.C.Trullinger j
-THE FINEST-
Family Groceries, Provisions
and Freshest Vegelabies
-AT-
Iiow
Corner Benton and
Opposite Cusiom
ALL VT
Bowi Prices
nnviRi: in
Hay, Oats, and Straw, Lime.. Brici, Cement, M anil Plaster
Wood Delirereil to Order. Drajln?. Teaininz anl Express limine..
rT.
:
TEU apply to the Captain, or to
THE NEW 1
A FULL STOCK
DEAT.EK
Tin, Sheet Iron and Copper Ware.
A Get.enil Assortment of
HOUSEHOLD GOODS.
Agents for
Magee Stoves and Ranges
Tho Rest in the market.
Plumbing goods of all kinds on hand. Job
work done in a workmanlike manner
PLUMBING, GAS FITTING,
Attended to Promptly
Chennnius Street. Xext
To Whom It May Concern.
I TAKE PLEASURE IN STATING THAT
Mrs. Kary Jasperson, holder of the tirket
Surchased by me fr in Messr. liczorth &
ohns or tills city over tho Ctinard Steam
ship line and Pennsylvania R. If. and con
necting lines, arrived safely In Astoria ticen-tu-one
days Irom Stavanger, having received
during the trip every attention from ihe of
ficers and employees of the steamship and
railroad lines above named, who addressed
her la her own language. Her baggaue ar
rived In Astoria iu good order ou the same
boat with herself.
I can cheerfully recommend all who wan to
travel over the fastest and nafe.-t line, and at
the sanio time havo tho very Zxrat o treat
ment in every respect, to buy their tickets
via the Cunard Line.
I..T.ARVOLD.
To Fishermen.
milE COLUMBIA CANNING COMPANY
X will be ready to take salmon from com
pany and outside boats after July mtli. and
will pay outside market price for nalmnn.
By order Board Directors.
THOMAS DEALEY,
Secty.
Astoria, Oregon, July 6th. lfe&i.
Carnahan & Co, -
SUCCESSORS TO
I. W. CASK,
IMPORTERS AND WIIOLCSALK AND
P.3TAII. DEALERS IN
GENERAL MERCHANDISE
''oruer Cbeuamus aud Cass streets.
ASTOREA . - - OREGON
Notice of Application.
NOflCE IS HEREBY GIVE? THAT THE
undersicned will apply to the Common
Council, of the City of Astoria, at its next
regular meeting for a license to sell wine,
malt and spirituous liquors, in less quanti
ties than one quart, for a poriod of one vear
in the building formerly occupied by Lulgi
Serra and known as the Campl Pcstaunuit
on Squcmoqua street in the city of Astoria,
Clatsop county, Orecon.
HOMENICO SAUGUlNETTT.
Dated July Hth, 1S$3.
INTERNATIONAL HOTEL,
Corner Third and t StrcctH,
POETLAKD, - - - OEEGON.
Our facilities are such that we defy
competition. This Ls the largest
and most respectably kept
Hotel in the Northwest.
Board and Lodging $ ! .00 per day
M2ALS.S3 cents. LODGING. 23 and CO cem
Free Buss to and from the House.
Xo Chinese Employcd.-tra
E. Lenliton, (Late of Minnesota House) Prop.
O. CLARK, AGENT.
S
t t
CSienamus Streets.
House Square.
JLjOLIIlSSEU
CLARA PARKER
then P. Patker.Mastcr.
For TOWING, FREIGHT orCIIAK-
-
H. 15. 1'AUKKll
RANGE CAN BE HAD IN
TORI A ONLY OF
A
B, BAWBS,
AGENT .
AI.L AND EXAMINE IT. V
WILL BE PLEASED.
E. It. HAWKS is also agent t..r tn.
BQGk patent Coolief Siflfc
And other first-class Stores.
tfODEI.
Fnrnaoo Work. Steam Fit-
iag. ate. a specialty
ALWAYS ON HAND.
ery
IN
953
AND CANNERY
WORK
on Reasonable Terms.
to C !. Pai-Uer's Store.
Hardware and. SUp Chanfllerjt
VAN DUSEN & CO..
DEALERS TS
Hardware and Ship Chandlery
Pnrc Oil, Bright Varnish,
Binacle Oil, Cotton Canvas.
Hemp Sail Twine,
Cotton Sail Twine,
Lard Oil,
Wrought Iron Spikes,
Galvanized Cut Nails, -
Agricultural Implements
Sciriup; Machines,
fiui.s nnd Oils. Groceries, etc.
Mi Jewelry,
Scarf Kb, Chains, Watches,
Pianos and Organs of ilic Best
make at the T-owcst Trices.
The finest stock of Jewelry In Astoria.
J3&-A11 goods warranted as represented. .
GUSTAV HANSEN, JEWELER
T. G. RAWLINGS,
Wholesale and Ketall Dealer in
Tropical, Domestic, Green and Dried
FH.TJITS,
NUTS. CANDIES, DRIED 3IEATS, ETC.
Fine Cigars and Tobacco.
Main street, below Chenamus.
City Taxes.
NOTICE IS HEREBY GIVEN THAT THE
Tax list of the city of Astoria. Clatsop,
county. Orccon, Is now in my hands for the
collection of said taxes, and will remain with
rae for thirty days.
J. G. HUSTLER.
City Treasurer and Tax Collertor.
Astoria. July lit, 1655.
Gounty Treasurer's Notice. .
THERE IS MONEY IN THE COUNTY
Treasury to pay all county ordera pre
sented prior to October 1st, 1833. All such
orders will cease to draw interest after this
date.
ISAAC BERGMAN,
Treasurer Clatsop CoRHty.
Astoria, Or., June td, 1SS5.
Sol
V