Hillsboro independent., January 21, 1898, Image 4

FOR CURRENCY REFORM
CtmttHuril from V7 pfiye.
in notes upon til" jjros.i pliui Hiui e
tlm Is ginuiiiK n( tun aatmnul tauklujj
system iu IHiii tbn at-Hssiiieut njsm the
bank annually would have beta au
amount insignificant that it uixd not
Lu taken into account. TukiUK thooouu
try banks as b whole., it U tumid thai on
-t. 6 last they hail 10 1 ,mmj, 000 of tbrt
i:i 1,000, OIK) of OHtiouul bauk capital.
Should they issue uotca up to bo per
(xii t of that capital tbi'y woo Id have
$:!.'l,(;o;),o.')i) of wxa. and there n'i
be 1. 5, 000, 000 of resource airulust
these uotea, not coauliutf stockholder'
liability
If those resource of the country Lanka
are iiisufllcieiit imcurity for thin amount
of noti-a, they will be insufficient only
becauso thure would then be Much a oou
dition of husiuesa paralysis tliut Kovuru
iiient, municipal aud railway bond's
would bu valuulcss, and also few if any
banks in the reserva cities wonld re
main solvent The oecurreiioo of thin
disaster in no improbable that its con
sideration may be dismissed. In mime
quartern fear in eniiresscd that there
would bn ail undue tjiaiisii in under thU
plan. Thero ih no danger of tin. The
system of rndemptiou not only at the
hauls, but at the treasury in WashinK
tun and ut tlio sobtreasurioa, would
Htmnujy uuard auaiast that. The exnan-
nUiu uer dial which could be effected
were no uofos issued at all will be found
ujhiii invest Ration to be BinalL Dan
KerouN expansion dots not take the form
of ilni issue of bank uotos, but of the
extension of credits. Very fow borrow
em take their loan in the form of bank
uoteH. The bank note in only one form
in which he to whom credit in given
will use that credit Ho can use it
equally well for most purpoaea if the
loan in planed to the credit of his ao
count by the bank mukiiiK the lotiu to
biin, or by aomu other bunk or by a pri
vatii person.
The existing tux of 1 pur cuut per an
uum on circulation Ih repealed. Iu its
place taxation of capital, surplus aud
undivided profits is provided. The is
silo or circulating notes Is only one
form iu which a bank expresses its de
iiand liability. The other form, do
posits, is, under the development of
modern banking operation, of vastly
greater importance and the oue which
in cities and highly organized oounner
cial communities is most used. Iu Oeto-
lsr, 18117, the country banks issued
more than 73 per cent of all notes is
sued. The reserve banks, except those of
Uin contra! reserve cities, New York
I hlrago aud Ht. Louis, Issued ninro
than 18 percent, New York more than
N per cent, aud Chicago and St Louis
together about ofie-half of I per cent
Surplus and undivided profits and cap
ital show the profits and property of
lukiiks, uud these are certainly more le
gitimate objects of tuxatiou than the
mere instruments which bunks may be
culled upon by their customers to issuo
to serve chiefly tho convenience of those
customers. This tax makes as equitable
an apiHirtionmeut of the expenses of the
system as can be devised.
riao ut CnrrwDcy Raform.
I. MKTALI.ICC1 UHKNI T ADD DEMAND OHL1
OATIONS.
1. The existing (old standard shall
be maintained, and to this end the
standard unit of value shall continue.
as now, to consist of 20.8 grains of gold
niiin-tcuths fine, or 23.23 grains of pure
gold as now represented by the one
tenth part of the eagle. All obligations
for the payment of mouey shall be per
formed iu conformity to tho standard
aforesaid, but this provision shall not
be deemed to utTuct the present legal
tender quality of the silver coinage of
the United States or of its paper cur
roiicy having tho quality of legal ten
tier. All obligations of tho United States
for the payment of money now existing
or hereafter entered into shall, nuless
otherwise expressly provided, be deemed
and held to bo payable in gold coin of
the United States, as defined in the
standard aforesaid.
a. (In substauce.) (iold coinage as
now.
3. No silver dollars shall be hereafter
coined.
4, S and 6. (In substance.) Coinage
anil redemption of subsidiary and minor
coins as now.
7. There shall be created a acpariite
division in the treasury department, to
be known as the division of issue and
redemption, under the charge of an as
sistaut treasurer of tho United States,
who shall tie appointed by the president
by ami with the advice aud consent of
the senate.
H. To this division shall be commit
ted all functions of the treasury depart
m. ut pertaining to tho issue and re
.leinptiou of notes or certificates and to
the exchange of coins, and this division
shall have the custody of thn guarantee
and reilumptiou funds of the national
banks ami Khali conduct all the opera
turns of redeeming national bank notes
as prescribed by law, and to this di
vision shall bo transferred all gold coin
held aguiust outstanding gold ccrtlfi
ciiiks, all silver dollars held against out
standing silver certificates, all United
Stales notes held against outstanding
currency certificates and all silver dol
lars and silver bullion held against out
standing treasury notes of IHOO, and all
ul-iili.iry aud minor coins needed for
tlio issue and exchange of such coins and
the f uiuls deposited with the treasury
for the liquidation of national bank
notes. Alftii-coiints relating to th busi
ness of this division shall be kept entire
ly apart aud distinct from those of the
fiscal departments of tho treasury, aud
the account relating to the national
I auks shall be separate and apart from
111 other accounts.
t A reserve shall be established in
this division by the transfer to it t y the
treasurer of tlio United States from the
general funds of the trvasury of an
amount of gold in coin and bullion
equal to a.'i per cent of the aggregate
imiount of both the United States notes
i:ud treasury notes issued under the act
i'f July 14, ls'.io, outstanding, and a
further sum in gold equal to A per cent
of tlio aggregate amount of the coinage
of silver dollars. This reserve shall be
held as a common fund and usid solely
for the redemption of such note and in
exchange for such notes and for silver
and sutwidiary and minor coins.
10. It shall be tho duty of the secre
tary of the treasury to maintain the
gold reserve in tho division of issue and
redemption at such sum as shall secure
tho certain and immediate redemption
of all notes aud silver dollars presented
and tho preservation of public confi
dence, and for this purpose he shall
from time to time, sa needed, transfer
from the general fund of the treasury to
tho division of issue and redemption
any surplus revenue not otherwise ap
propriated, aud In addition thereto he
shall be authorized to issue and sell
whenever it is in his Judgment neces
sary for that purpose bonds of the Unit
ed States bearing Interest uot eiO'editig
X per ivnt, running 20 years, but re
deemable in gold coin, at the option of
ihe l imed Mate, after one year, and
tlm truueeds of all such smldS shall bo
; aid into the division of issue and re
Hinptiou fur the purport- uforcsnitL
II To provide for any tempi rary
ieticiency which may at any tune exist
n Hie fiscal department of the treasury
of the L'uiti d Mat' the secretary of the
ireusury shall tie authorized at bis dis
cretion to issue certificates of indebted
ness of the United States, payable in
from oue to five years after their dale,
to tlm bearer, cf the denominations of
t-i0 or multiples thereof, with interest
ut rate not to exceed 8 per centum per
annum, and to sell and dispose of the
sime for lawful money at the treasury
department and at the subtreasiirii-s
and designated depositories of the Unit
isl States, and at such postoffices as be
may select And such certificates ahull
have the like privileges and exemptions
provided In the act to authorize. bv "
fi.inliug of the national debt, approved
July 14, 170.
12. Whenever money is to be bor
rowed on the credit of the United States
the secretary of the treasury shall be
authorized, instead of issuing the nsual
forms of engraved bonds upon receiving
lawful money of the United States in
sums of uot less than .j0 iu any single
payment, to cause a record cf all such
payments t be made iu books to be
kept for that purpose in Washington
. and thereafter from time to time to pay
iu iuoe so regisiereu on sucn dookh in
terest uot exceeding 8 per cent per an
uum iu gold coin ou the amount with
w hich they shall severally stand credit
ed on such books iu the same manner
aud at the same dates as if they were
the holders and owners of registered
bonds of the United Status, and be shall
!-iC ;;y tAO'o "icginieieU tue prin
cipal sum originally deposited in gold
coin at the duto of maturity of such in
scribed loans. Suitable arrangements
shall be made at each uud every money
order postotllee in the United States fur
receiving such payments into the treas
ury on like terms as well as for the
transfer, ou proper identification, of uuy
inscription ou tho books in Washington
or of any part thereof uot lei's than (00.
No interest shall accrue or lie paid on
inscriptions which shall buve been re
duced below $50. No charge of uuy
kiud shall be made by any detriment
or oftlcur of tho goverumeut for any
service iu connection with tho receipt or
transmission of the lawful money or
iu tho transfer of inscriptions on the
books at Washington.
13. The division of issue uud rcdemp
tlon shall on demand at Washington
and at each sub treasuries of the United
Status as the secretary of tho treasury
may from time to time designate
(a) Pay out gold coin for gold oertifl
catcs.
(b) Payout gold coin iu redumption
of United Status notes or treasury note
of 18U0.
(0) Pay out silver dollars for silver
certificates of any denomination.
(d) Issue silver certificates of denom
inutions of fl, 3 and $5 in exchange
for silver dollars and for silver oertiil
cates iu denominations ubove 3.
(0) ray out gold coin iu exchange
for silver dollars.
(f) Pay out silver dollurs inexchnugo
for gold coin, United States notes or
treasury notes.
(g) Pay out United States notes or
treasury notes not Mibjcct to immediate
tunoollatlon in exchange for gold coin.
(h) Pay out and redeem subsidiary
and minor coins as provided by existing
laws.
(i) Payout United States notes in ox
ohungo for currency certificates.
14. United States notes or treasury
notes onoo rcdi-cinod shall not bo paid
out again except for gold coin, unless
there sliull be an accumulation if such
notes iu the division of issue uud re
demption w hich cannot then be cancel
ed under the provisions of the act, iu
which case the secretary of the treasury
shall have authority, if in his judgment
that course is necessary for the public
welfare, to invest tho same or any por
tion thereof in bonds of the United
States for the benefit of the redemption
fuud, such bonds to be held iu the di
vision of issue aud redemption subject
to sale at the discretion of the secretary
if tho treasury for the benefit of the di
vision of issne and redemption and not
for any other purpose.
15. The secretary of tbo treasury
shall be authorized to sell from time
to time, at his discretion, any silver
bullion in the division of issue and re
dem it ion, and tho procneds in gold of
such sales shall be placed to the account
of the gold 'escrve iu the division of is
sue and redemption.
IS. The gold certificates and currency
certificates shall whenever presented
ud paid or received in the treasury be
retired uud not A issued.
17. No United Suites note or treasury
note of 1MH1 uf a denomination of (10
shall hereafter be issued, uud silver cer
tificates shall bereaft) r be issued or paid
nut only in denominations of f 1, f j
and I") against silver dollars held by or
posited in the treasury.
IS. The assistant treasurer in charge
of the division of issue uud redemption
shall ou demand puv in gold coin nil
United States notes and tri usury 'i'tes
presented for payment and as paid can
cel tho same up to tho amount of (.'!),
000,000. After that amount shall have
been paid aud canceled he shall then
from time to time cancel such further
amounts of notes so paid as shall equal
but uot exceed the increase of national
bank notes issued subsequent to the
Inking cfTivt of tho prep. I act
l. If at tho cud of five years next
after tho taking effect of the proposed
act any Unitid Statin uoti-s or treasury
notes shall 1st outstanding, a sum not
exceeding one-fifth of su::!i outstanding
amount shall be retired and canceled
each year then-after, and ut the end of
ten years after tho passage of tho pro
posed act the Uuitod States notes and
treasury not. then outstanding shall
cease to be legal tender for all debts.
public and private, except for dues to
tho United States.
20. Tho secretary of tho treasury
may, in his discretion, transfer from
surplus revenue iu tho general treasury
to the division of issue and redemption
any Luitisl Mates notes or treasury
notes v. Inch ou such trum-fi r could then
lawfully be canceled under the provi
sions of the pnissd act if they bad
been redeemed on preseiita . and
when so transferred tho same shall In'
canceled. Tho sivretaryof the treasurv.
In his discretion, whenever there may
be United States notes or treasury notes
lu tho general treasury which uru not
available as surplus revenue, and which
upon transfer to the division of Ismic
and redemption could then lawfully Is'
canceled under tho provisions of the
act, may exchange such notes with tho
division of ls.no and redemption for
old coin, and such notes shall there
upon 1st canceled.
21. ( In substance. I osted rights not
tn lo affected.
It PAN S. ISO U sTf .
2'J. Tho total issues of a;iv iiati-.iial
bank shall not exccid the amount of its
paid up ami unipa:r d capital, exi lu
slveof so mock thereof a is lnvestd in
real estate. All such notes nhail be 1 f
uniform design and quality and shall
bo made first lien upon all the assets
f the issuing bank, including the pi r
sonal liability of its etui kholders. Ni
such notes shall tie of lesd nomination
tba.i $10.
2 1. Up to an amount equal to
Jxr o ut of thucapiuu stock uf the bauk
(the whole if its ca.'i'al being nuim
paindi tho notes isu. 1 by it shall not
exoss) the value of l.'nited .-tau s bonds,
to be flx. d us hereinafter provided, de
posited w ith the tnwMiror of the United
Statu. The additional notes authored
may be issued without further deposit
of bonds.
I) ginning five years after the p.: ss ige
of the proposal ai t the amount of bonds
requited tj bu deposited before issuing
notes iu exetss thereof shall bo reduced
each yeur by oue-tilth of the 23 percent
of capital herein proiided for, and
thereafter any bank may ut any tiuie
withdraw auy bonds deposited iu ex
cess t f the ri-quiremeut thereof.
24. Every national bunk shall pay a
tax at the rate of 2 per cent per annum,
I ayublo monthly, upon the amount of
its notes outstanding in rsrcfsof liO per
Cent aud not iu excess of HO per cent of
its capital, and a tax at the rate of 0
per ceut per uuuum, payable monthly,
upon tho amount of its notes outstand
ing iu excess of t0 per cent of its capi
tal.
25. Any bank may deposit any law
ful money with tho treasurer of the
United Statin for the retirement of any
of its notes, uud every such deposit
shall be treated as a reductiou of its
outstanding notes to that extent, aud
tho tax above provided for shall cease as
of the first of the following mouth on
an equal amount of its notes.
2(1. The secretary of the treasury
shall annually fix tho value of each so
ries of bonds of the United States bear
ing a rate of interest exceediug 3 per
ceut as equalized upon the rate of inter
est of 8 per ceut per unuuiu, und such
valuation as fixed by the secretary on
this basis shall Iw the valuation ut
which the bonds w ill bo receivable upon
deposit ltonds payable ut the option of
tho government shall bo receivable ut
05 pur ceut of their then market value
as determined by the secretary of the
treasury. If any bonds shall bo issued
hereafter payable ut a d-ito named uud
bearing interest ut 3 per cent or less.
they shall bo receivable ut par.
27. Tho comptroller of the currency
shall from time to time, lis culled for.
issue to any bauk the tupitul of which
is full paid und unimpaired any of tho
notes herein elsewhere provided for ou
the payment to the treusurer of the
United States in gold coin of 5 per cent
of the amount of notes thus called for,
which puymeuts shall go into a com
mon guarantee fuud for tho prompt pay
ment of the notes of any defaulted na
tional bunk. Upon the failure of any
bank to redeem its notes they shall be
paid from tbo said guarantee fund, and
forthwith proceedings shall bo taken to
collect from tho assets of tho bauk and
from the stockholders thereof, if neces
sary, a sum sufficient to repay to said
guarantee fund tho amount thereof that
shall have been used to redeem said
notes, and also such further sum as
shall be adoquato to the redemption ot
all the unpaid notes of said bauk out
standing.
2H. Persons who having been stock
holders of the bank havo transferred
their shares, or any of them, to others,
or registered the transfer thereof, with
in AO days before tho commencement of
tho suspension of payment by the bank,
shall bo liable to all calls oil the shares
held or subscribed for by them, as if
they held such shares at tho time of
suspension of payment, saving their re
Murso against those by whom such
shares were then actually held. So long
as any obligation of tiro bank shall re
main ansatistied the liability of each
stockholder shall extend to but not ex-
Coed iu the whole an amount equal to
tho par of his stock.
20. If tho said guarantee fund of fi
per ceut of all the notes outstanding
Khali become impaired by reason of pay
Incuts made to redeem said notes us
herein provided, tho comptroller of the
currency shall make an assessment upon
all the banks in proportion to their
notes theu outstanding sufficient to
make said fund equal to S per ceut of
said outstanding notes.
Any bunk may deposit any lawful
money with tho treasurer of tho United
States for tho retirement of any of its
notes or return its own notes for can
cellation, whereupon the comptroller
shall direct tho repayment to such bank
of whatever sum may bo the unimpaired
portion of said hunk's contribution to
the guarantee fund on account of said
notes.
Auy portion of tho guarantee fund
may be invested in United States bonds
in tho discretion of tho secretary of tho
treasury.
Tho taxes on circulation, provided for
in paragraph 24, as well as the interest
accruing from investment of any part
of tho guuruut' O fund, shall be held iu
tho division of issue and redemption in
gold coin or in United States bonds iu
the discretion of the secretary of the
treasury und shall bo a fund snjle
mental y and in addition to the guniantic
fund, to bit used only in case said guar
mtce fund shall ever become insufficient
to redeem any bauk notes issued here
under, and it shall uot l-o taken into lie
(Hint in estimating the amount of as
sessments ucct usury to replenish suid
Muuruuti'o fund or iu repayments to
thinks of their contributions to the guar-
int. e fund.
h). Tho present system of national
bunk note redemption should Im contin
ued, with u constantly maintained re-
lomptiou fund of 5 per cent iu gold coin
md with power conferred oil tho comp
troller of the currency, with the iinnrov-
il of the secretary of tlio treasury, to
1 1 ! 1 1 -1 1 additional redemption agencies
it any or all of the subtreasuries of the
United States 11s ho may determine.
31. (Ill substance. ) Notes to lw re
ceived by all national banks mi l for
.'overiiment din s except duties on no-
11 irts.
32. National banks .shall hold ro
erves ill lawful in un y against their do
osits of in t less th 111 25 per cent and
5 p r cent fur the rcspictivo classes as
low pr.tvi.bil bv law, at least oue-
mrth of which reserve shall b" in coin
:. 1 in Id iu tlie v.iulls of tun bank.
cither the 5 p, r cent redemption fund
r the Ti (" r ei nt t.iaraiitiv fund shall
1. i.i. lid as p.nt .-f the reserve re
ii it. N- Ian!; si,.,il count or rcpart
,y . f i s ow n no!. -. us a par. of its ca.sh
r 1 . -!i a -s ts 1 .11 hand.
J-!. IVrc.it the orgaiiiiuttiou of nu
ll. in. I banks with a cu.ntul stink of
000 in plactiof 4.000 population or
H. Provision should lv made whcie-
tiy branch banks may be csta' lii-hi'd
with the consent of t!iu comptroller of
the currency uud apiirovul of tlio sea-ro
tary of too treasurv.
33. For the purpose of mix-ting the
expense of tb tren.ury in connection
with the national lunik sytcm a tux i.I
one -eighth of 1 pern ntpcr aiu.uiu upon
its franchise n measured I y the amount
of Its capitul, surplus und liii'lividi-d
profits shall be impos e! uh .11 each bunk.
iii!. io uiiuutl existing laws iu to pro
vide (a) For more fnopjieut and thorough
examination:! of bunks.
(b) For lixod hulaiies f.T lank exam
iners. (c) To proviuo f..r rotuti. ii of exam
iners (d) For public reports, n i.ulan r pe
nal, at t lie i s'.lnf the n.iuptn.lli r of
tho cam
(') To make it final for any bank
to loan mum y or grant any cratmr' to
au examiutr of tlmt bauk ua.I ,- .i..i li
AN OPEN
To MOTHERS.
WE ARE ASSn .ING IN THE COURTS OUR RIGHT TO THE
EXCLUSIVE USE OF THE WORD 'CASTCRIA," AND
PITCHER'S CASTORIA," AS oi'R TRAHE mark.
, DR. SAMUEL PITCHER, of Hyannis, Massachusetts,
was the originator of " PITCHER'S CAST0RIA." the same
that has borne and does nor ,fA , on every
bear the facsimile signature
This is the original - PITCHER'S CAST0RIA," which has been
used in the homes cfthe Mothers of America for over thirty
years. LOOK CAREFULLY at the wrapper and see that it is
the kind you have always bought r on the
and has the signature of t&jtyffictfcJ&U. wrap
per. No one has authority
cept The Centaur Company
President.
March 8, 1S97.
Do Not Be
Do not endanger the life
a cheap substitute which
(because he makes a few
gredients of which even he does not know.
"The Kind You Have Always Bought"
BEARS THE FAC-SIMILE SIGNATURE OF
Insist on Having
The Kind That Never Failed You.
TT-l
ANDY
CURECOHSriPATIOM
25 SO
nOdUUU i Lb I UUrtHHB 1 CidU ti. r rrlp,.i,U ,.,, ,, utural rrMlU. bm
ple.nit kiHiklct fro. H. KTUd ISO llrH I 111 I O.. I'Miami. Miinlrral. '.. or I .irk. 111.
tsi Portland,
A. r. Armstrong, LL.R, Principal. J. A. Wksco, Tenman & Secretary.
THE BUSY WORLD OF BUSINESS
gives profitable employment to liimilreds of our graduate, anil will to thousands
more. Send for our catalogue. Learn what aud htrw we leach. Verily,
A BUSINESS EDUCATION PAY8
such bunk examiner o rcccivn It.
87. (Iu siibstancHi. ) Existing liituku
may acwpt proviNimig within ono year.
US. (Iu sulintaiico. ) KxiKtiiiK banks
which do nut accept tho new law within
ono yeur to Iki wound up.
39. (Iu Nulistnucu. ) Statu liankn may
conio iu aud proceeding thcn fnr.
In th flremt Hhellroam.
Tho filiellnxmi ut 1'otsihim, tlio coin)
try homo of tho (rcrniuii imiicrial fain
tly, Ih a hugo vaultliku placo, tho roof
supported by many column, and these
im well an tho walln uro thickly in
rusted with all manner of nhclls, the
coloring) being varied and most bril
liant The room gives a (singular im
proroinu upon entering it. Ono can fan
cy that Titan children have uwil it ax a
playroom and have decorate! it to suit
tho dictates of their owu untrained
taste.
Here the little children ot tho royal
houHoof tho fatherland celebrate Christ
mus. Their gifts are placed on tables,
one for each child, and at tho proper
moment tho doors of tho great room are,
thrown open, and tho -hildrcn Usui tho
way mto a startling flood of light The
many chuudcliers illumine the shell
walls that sciutillato rays of brightness.
.is the shells are imbedded in a sort of
mini sown mortar. New York Tribune
Itoyal Draignm of Jewelry,
All tho members of the Ilritish royal
family have a great fancy fur designing
jewelry and as a rule design all the
presents they give to each other.
Brandy farmer.
Tho brandy farmers of Chan.nto are a
distinct class. Every ono of them, even
iX he own no more than a patch of rix
or seven acres, has his ow u still aud
uiuuufactim his own spirit Mont of
tlio stills w hich I saw were mere shan
tics of the most primitive typn, like
highland bothies or tho rude huts in
which illicit "potheen" used to be. nnd
I daro say even now Is, niatiufuctun'd
in some w ild parts of In land. When
tho fanner commcnci-a making his
brandy, ho continues working his stills
day mid night until ho has converted
all his wine Into spirit The brandy ut
this stago is 1..i.tly colorless and con
tains tho whole of tho essential oil,
which has subsequently to bo removed
by a drastic process uf filtration. This,
however, tho farner leaves to the iner
chout to whom 1' brings his brandy for
sale.
Many of these brandy farmers am
very wealthy I was told of one worth
100.000, another s0.000, a third
'10,000 and a considerable number
with f.lO.lHK) and t'in.ooo apiece, sums
which figure out magnificently in franc,
but to look at them ymi would never
guess that they possi-ss as many pence
as they have pounds, fir, however rich
they may be, they still retain tho dns
and style of peasants. They mako no
attempt to ap tho manners and fash
Ions of those above them. Each genera
tion is content to livo as its pnsl.,
did a frugal, hardworking life, with
its occasional holidays and Junketings,
and tho exen-iso of that thrift which is
a French peasant's highest pleasure.
t.Tiaiubers' Journal.
The call for "union" In IVntnn
county l handy ns Inviling but ile-
ciiteilly morn hnnt than th orn n
cnt!y issued in Lnn- crninty. Tin
lionlon nmnty nuniiiittw nsk"a'l
who Ujev-p in i niativp a ml n-forcn
ilum and rii'il right lonll.anrl mc.
Inl priviliv to nr,p" to mit for
fiinmion .rotoction nirainsf tho iruhl
butf. Ijino iminty ileniis rslic lo..
ers nothing aUuit iniativp ami
roferoniluni until (hey wero niinpll
eJ to. logistt-r.
LETTER
f (JuxUcU wrapper.
from me to use my name ex
of which Chas. H. Fletcher is
.
Q&
Deceived.
of your child by accepting
some druggist may offer you
more pennies on it), the
in-
CATHARTIC
ALL
DRUGGISTS
Oregon
UlliCN,
I
Il.ViicinUiv,
Tulips, Elf.
vr; CARRY
The
Larusst Stock in the
Morthcocst.
SKMt KU I'ltlt'E LIST.
POUT I, AM) SEED ('0,
169, 171 Second St.,
P0RTLAXD, OREGON.
DO YOU WANT
A ITvLii TICKET
TO PORTLAND?
We will give a free ticket to
Portland anil return to anyone
from Washington County who
makes n pim liHse of a suit
ofslrietly tailor made rlnthos
from us amounting to t-0.(MI
or over. ,
Wp make all our clothes
lo your measure ami guarantee
them strictly hand mailo by
exierioiun w hite lalsir only.
ii untying goisl lit, $s and upward
' " t 6 "
l'roUhi:a
IMI'OKTKD AM) hoMKSTIC
UNIQUE TAILORING CO..
IJD'ith., near Washington,
IMUTI.AM) - OKIXJON.
The result of Ihe eon but in Ohio,
over Ihe election of L'nitiil Htates sen
ator, brings sHlisfm-tion to every Into
American in the luml. Itlnai-
fens-of tlio fiiniliimeiital principle!
of Ihe Ihe government, that the ex-
iresrel will of the piiple as imliist-
l by a mnjorily vole, should rule.
The voiiv of the Modo in the ntte
election, had plainly said that Mr.
I lanna should Is? senator, nnd those
'iiblicHiis w ho were manning the
factious o.sition lo liiin were not
only traitors to their rty, hat were
l:itigToiis bsils in the han 1 fsf lr
element that would not IswitaU to
leslruy, ruin and devastate, -
sotisl gstn, or the pnupwl of prefer
uienl. Albany HeMlii.
Mrs. p. P. Brouin ...
Teacher of PIANO. ORGAN
and HAUMONY.
Wotk jHUMicd as in regular
conservatory course
Also thoiotifch course taught
in ART, IKNCIL. CHAR
COAL,, INDIA INK, CRAY
ON, and OIL PAINTING.
STUDIO, Room 7, over Hillslmro
Pharmacy.
THE
Twice-A-Week
$1.00 a Year.
Issued WMlll('sl;iy mid
Satiinlny Mornings.
lU-Kiniiiiig Januarv 1. ISO", tho Wwklv
Coiirier-Jniiriial was changed to l lie
Twii-a-We'k Coiiiier-Joiirnal Publi
cation ilnVB are Wnlneisliiy ami Satiirilav
1 he cilneH.lav pnper will I' ilcvole.1 tu
news snil lmlitical topics The Sntiirdav
issue will 1 ilcv.. led to vturivs, niisivf
lany, pictunis, (ss'trv, etc a perfis t fain
ily iuM;r
Kach issue will lie sii pnges, or twelve
pages a week an increase of two pacer a
week, 104 pages or tWj! columns a year
Ihe iHilitics of the paiierwill nut Ik-
changed sntl the battle (or pure IK'Iihm
rucv and true lleiius-ratic principles
will he contiuued Hiieccsufullv in the fu
ture s in Ihe past In spite of the ex-
iieuse involveil in the improvement nolisl.
ihe price of the Twice-Week Coiirier-
Jiiurnal will remain the same, $1 a yean
A feature during the commit year wil
Ins the editorial of M r Henry Watter-
son, ou polilii al ami other topics of the
day
Hail; Conrler-Jouriial, 1 year KHi.(N)
lially aud Sunday, 1 year, H.INI
Sunday, alone, 1 year, ... 2.00
THTCK-A-WKEK
COURIER -JOURNAL
AND THE
nb ciicnb cut,
ONE YEAR
FOR
$1.60
ONLY
We hsve made a siiecial clulihiiiK
arrangement with the 1 wice-a-W eek
Courier-Journal, and will send that paper
and the I.miii'KNIiknt for the price iiam
eil to all our silhwrilsTS H lio will renew
nd pay in advance
Sample copies ot the l oiirier- Journal
sent free on application
All Nubsrrlptlons inder this ofTer
mast b aent to the
INDEPENDENT
HILLSBORO,
0REG0X.
T Car CMAtlpatlon forever.
Tnke CUksrsreta i:sndv I'stharlic. lilc nr25e.
If C C. C fsll to cure. druKgiau rt-fuaU uunev
OABTOniA.
TU tit.
! n
MfsAtin
at
nAfsM.
RIBBONS AND . ..
. . CARBON PAPKH
roti
TYPEWRITE RO
AT
INUEI'ENDtNT OFFICE
IB- MAL
RAILWAY MK TAltLE.
Denver and
Rio Grande
KAILKOAI).
Scenic Line of the World
The Faroritc Winter Route
to all Points East and
Southeast ria Oden.
Through riilhnan 1'alace Sleeping rani.
Through Toiirit SliH'piug can.
Free Itec lining chair cars.
Are run Through on all Trains.
HKSTSIM.VH'K,
FINK ST IMJUU'.MKNT,
FASTEST TI3IK.
For iiiforu alion, call on your neiglilsir
and friend the nearest ticket agent
ami .-k f,.r a ticket reading via the I
vei Kio (Iran.le Kailroa.l Scenic Line
of the World or sddresa:
It. V. M lll F. II. Iinfl),
tien'l Am'IiI. Traveling Agent.
J.'il Wasliinglou Street, 1'orllainl Oregon.
S. k. IIOOI'KIt,
(.ien'l Tass. iV I'u ket Agent,
K-nver 'olerailo.
KANT AM) .SOUTH
THK SHASTA K0UTE
or tiib
KOUT1IKKN I'AC. ( ()
KXI'UKSM TutlNS I.KAVk I'llUTI.lNII Iall.
l , Nortl
iiJ ir h j i,v inn laid ' ii::iAi
7 am I Ar Shu r rai eisoo l.v MrCUJ-B
AlHive trains stop at all stations U'tween
rortlanil ami Mulein, Turner, Marion,
Jellernon, A 1 1 .ii 1 1 y , Tangent, Nlimlils, il.il
ey, llarrisuurg, Iiinciloii I'lty, Kugutie
Collage (irove, llram, Oaklan.l, and all
uu lions iruui KnsvbiirK to Ashland,
inclusive.
ItOMKHl UO MAIL DAILY i
S:;) a M
a:-1l p v
Lv
Ar
I'ortlaud
lioHehnrK
Ar
Lt
4:.(U p
7:.J A a
IH.MMJ t'AKH 0.V WiHKX KOI TK.
PULLMAN CUFFET SLEEPERS
.. Ann
Set ouil- hiss MeepliiK furs
AriAciiKii to All T iiuoiioh Tuains
Wiml Side I'ivinhiu.
IlK'l WKtN rtlUI'l.AMiA !)rtVALI.Ir)
Mail Trniu Imily (Kw.i Miniil iy ).
i:8lli M Lv
HM A M Lv
l' ir. r m I Ar
I'ortlaud
Ar i .riJsi e a.
Hillslx.rti Lt
t'orvsllis Lv
4 'S.i p
I .!-. 1' M
t- Ai All.iiiiy and 1'orvallis ronnerl
Willi trains ot I lie Oregon Cent nil it hast
en! Ity.
ICipress Train linily, (Kioopt Snnday'.
I .'HI p U
Ii 10 P M
7- 1 P M
H:.'l ! M
Lv I'ortlaud Ar I S:-Ti a a
Lv llillslHiro Lv 7:1:1 a
Ar Mi-.Mmnville Lv ' Tcsl a v
ln H ei.le;n'e 4 HI a M
Dire.-i eennei nun nt Kan Krnncisco
with Oi ciileiilc1 . tel Oru nlnl nml I'srilir
Msll slcuinliii lii.. t..r J A KAN AND
CHINA. Sailing iIhii-s on npplicat on.
Kales ami mm. i,, Eastern point anil
Knroi... Also JAPAN I U NA, 1KINO
I.I'I.IJ anil A !.'l UAL. A. call lie ol.lain il
Ironi A. S. I'enoc, I icket Agent llillstxiro
V Ii. MAHKIIAM,
It. K( IK II I, Kit, (jm, K, l'.Ag't
Wsnspsr Hortlsml. a4-
TU
THE
EAST
I.IIIH I'll K IIOK k ur
lWt TI!AS((IMIKTAI
ROUTES
Great
Northern Ky.
VIA
SPOKANE
Minneapolis
St. Paul
AND
Chicago
Oreqon
Short Line
tVIA
SALT LAKE
Dencer
Omaha
AND
Kansas Citt,
LOW RATESITO
ALL-EASTERN CITIES.
I OCEAN 6TEAMER&I
j LEAVE PORTLAND EVERT OA ft
SAN FRANCISCO
! Ste.nnu rs Mr.titlily frr.ni I'tirtl.-itld
1 to Viikiilmiiin nml Ilntijr KfitiR; via
, Tlie Nurtlieni Pacific Sientnsliip
Co iii cfititKi tion witliO. k. S
EMI
Aililrf, n. II. HIKI.I'I KT.
ea'l l'a. AtvnU
Irodni'll (arlilt kin
rt. r. Par. H. J. f .
Prll.nl, . . Urefa
Extraordinary.
The f.;ii.ai aultofripUoii
priit of Thk
Independent is SI.5C
And the regular MiUscription
prii-eof the Wkkklv
Oregonian is SI.50.
Any ore stibscriliiug lorTHh
Independent
and paying one yeai in ad
vance can get !sth Ttif
Independent
ami Wkkki.v
0 rego n ia n enc year ftrl S2. 0 0
All old stilisoriliers paying
their subscriptions for one
year iu advance will lf en
titled to the same oflW
HILLSBORO PUBLISHING C0VPANV
NORTH PACIFIC
. CLAY WORKS .
A Kull sUs.k il
D r a:i iu tile
Uonslautly on linn J
I Orders Solloitact
JAS. H. SEWELL,
Hlllsboro, Oregoi
50 YEARS'
EXPERIENCE
Trade Marks
Designs
Copyrights Ac
Anynnt ncndlna it Notch nritl tlcwrtpl Ion nmy
quickly HNct.rlHin cur imiiihi In hi a lift hor nil
llivt'iiltott in trnlirililv (fitt'iif ulilt-. ('tuittiiititcrt
1 1 tin Mlrtctly fittitlilitnihtl. 1 Intuitu ih mi l')tltit
mm it fno. tlMiKl Hit'iicv f'r nt'inntu, if ftil a.
I'titttiilM tiiki'it i hroiu'ti Miiiiii A to.rocolV
tr-iti nftUf, withutit rh'tryu. til tli
Scientific Jfmcricati.
A hnnrlNomflr IUn"trnlo1 Wfx'hlT. I.ntVMt rlr.
rtllHltoll (if III If rtcliMltltt' Jollflixl. 'I'tTMlH, -i A
y i'nr : fmtr nmtit Iin, f I. K,li hy at I niw )), .nt.
MUNN & Co.36,B"d-- New York
Uriuh Oihcj, ti K Ht., Vhiiitu li. U
QOINQ EAST?
If you nre.
Do not Korixet
Th.ee Important Points
I'lrsl-Co via SI. Paul, U-cmise the
linea to that H.im a lli.nl you ll.e
vi'rv Ih'sI m-rvice.
.HeTOIIil fit' that tliec(iiisin Is vomlSt.
Paul reails via tlie is. onsiii "('eniriil
Ix-raiisr Unit line inakeK close eoiu,eeti,,n
with nil the Iriiiis-coiiiineiiliil lines enter
iik the I'nii.n ie,t there, nml its ser
vice in lirsl-i-l.iss in every particular.
Third -For iiifnrmation, call ,.n roiir
neiehls.r ami frienil Ihe n. arest li'eket
.ivent ami -k (or t i.-k reailii,K via
the U isemisiii Central lines, or mlilress
.! C. PoNti, r i;K1, s. IUttv
Hen. pa.. Aft., ..n.r;il Aif.nl,
Itlilwankee.W i. "J Hi Stai k Si
41
orliaml, dr.
HILLSBORO HOUSE
i. KOKl llKur, .' PrrlrUr
KWLI tl UMsilMi
KlhST LAS- lAII.ly.AM IL
' e.mdl,,,, on
C Charges RtasonatU