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About The Athena press. (Athena, Umatilla County, Or.) 18??-1942 | View Entire Issue (June 9, 1893)
ATHENA PRESS Published Every Friday Warning By J. W. SMITH. Entered at Athnpctofflo M MCOnd-claM mail matter. SUbcrlptlon 'Rates: v Pef'yealV In advaiM, ' - ' fiM Single copies. In Wrappers, 6c. Advertising Hats:. TiOrai reading notloea, (1 rot insertion, 10c per tine. Kacti sutaetitkent insertion, 8c. All cnmmon!eat!ong ihonld be addreued to f he FKE8S, Athena, Oregon. . Athena, Oregon, June Cfth, 1893. THE DECLINE OF SILVER. Fob over, fourteen years, the United States has tried to keep up the price of silver by legis lation, but has failed. On August the 12th last-, the price- fell' to about 7S3cerits per ounce;, atixE this was followed1 by another decline the latter part of December, to 763 5 cents per ounce; the lowest point ever : reahed before that . lime. . ' ... . It was in 1878 that tho Amer ican policy of silver purchase was begun by the enactment of the Bland Silver Act, compelling coinage of $2,000,000 per month. At thnt time the price was over $1.09 3-5 per ounce. The- United Stated produced less than 35,000;000 ounces. By the end of 1878, the averaga price had fallen' to $1.01 j per ounce; and, although it rose to over f 1.05J fn May, 1882, its tendency on the wholfi-r'tino' that time has- been downward. In 1883, the average was $1.027;.' iov 1885, $.988, in 1 1888. $.37;. and in 1889, $.86G. In the- meantime, 291,272,019 ounces had been purchased at an average cost of about $1.07i per ounce.. In, 1890, it was pleaded that if government purchases .were increased'), the metal would rise tattle level of par with gold; and! the Sherman Act, still in force; wa passed, by which the purchases' -mw incraaied to 4,- ounces . per month. A JmO!SJl!LSSS pnee followed, 1890 was t was 500,000 V for for silver has been generally down ward and unsteady., The evil has been aggravated by several other causes artificial inflation, already mentioned; the low cost of production, which, in some Amer ican mines is said to be only a little over one-third of the present reduced price, and core recently the sale in- India of 7,000;000 ounces of silver a month for gold' with which to pay the interest on the public debt. Should K'urope return to her old policy,, resuming the use of silver as legal tender upon a fixed ration to gold, and at the same time opiv her mints with equal freedom to the coinage of both metals , no doubt much of the evil resulting-from the present loss of the par of exchange would be removed. Experience Bhowe that as long bs that system' was in force, the ration of valne varied but little, notwithstanding the ; variations in production and 'use of the metals. Although a return to the old order was not to be expected, it was hoped that some international compact might be mado as- tt result of the con. ferenco at . Brussels, whereby the powerful influence of Governments, which determine the monetary use of the metals, might be' effectively enlisted in some broad scheme for the restoration of silver and the maintenance of its parity of ratio with gold. It i admitted on all hands- that something must be done, and that quickly. Silver cannot very long retain its present anomalous posi tion. It must either be rehabili tated in some degree, 'or pass out of monetary use except in, the Far East. INCOME TAX. Many reports are being sen out from Washington, by correspon dents that President Cleveland fm-s an income tax. to fill the re venue gaps that he made by pro posed reduction of the tariff, and that he will lecimmend such a course inhis first message to con gress. In commenting upon such- a course the New York Sun takes i the position that the income tax is suggested to "curry favor with the Populist, the Farmer's Alliance ana tne socialists. it opposes ax on the ground that it ob persons with big. incomes benefit of those with small nnd claims that-nothing loyjt the tax nr the Demo- tform. w York Press denounces me tax. as confiscation, a teement tio the accumula- apital1 hiladelphia Itetwsays that e tax is not only social- it jt is so extremely ocratlc that it is doubtful at strong and influential the party can make it the ven fofceilas an issue. I -also- that the tsx heavily felt in the Constitution an ying: "Tho- idea not give the ooun- Yefornv or remedy the Democratic absurd for dis- i a tax ia con- fx amounts to is socialistic, Vhools and pos Jc. If it robs i.-fii .1 it is needed to of a robber r claims that it r vi . V nor CIARS Ifrrla. sbery; but that Inpt to equitably arden of taxation, r man with bicot taxed more heavily tx neighbor with a big ithat an income tax will fose who are able to pay i does not bear their share public burden. MAL- SCHOOL BUILDING.. ard tha Contract to A. M. Gil lis, of this City. boards of regents of th nrmul HfKnnt t W fin mtf. (v to co4ieider proposals and J 'for the building. : J. H. ?y,'Nathan Pierce, W.M. Steen, ;A.' Worthington, and R. M. a ers wer present. V, M, Pierce Att. W. AVebbd'd not attend." T. V. Howard, of Pendleton, pre pntwl t,wt nlans. A. and B. Thev were similiar . itr design; bat ona plan called for a structure some what larger than the other. Un these bids were: plan A Ed Money,. f396o; Uahoon & Fielding, $9940; plan B Ed Money, $9635; Caboon fe Fielding, $y540, T. St6uben, of. Pendleton, pre sented idan, with an accompany ing bid, which was $10,950'' On-the plan of Georee Williams, of Weston, the bids were: Cahoon & Fielding, $10,450: McKav $10, '910; Mr. Sheiber, of Walla Walla, $10,250; A. M. Gillis, $9,836. Dupuis A Cahoon, of Pendleton; had a plan in, their bid being $9000. After due deliberation the regents adopted the plans- of Mr. William and let the contract to Mr.- Giliit, the Athena-contractor, with bonds fixed at $20,000. The phu oalls for a two-story building. anl a- bsse ment,.thre being several rooms. It will be a well' arranged and handsome structure. The chief contest, over plans seemed to rest between, those' of Williams andi Steuben. That of the latter won muchapprovalythe only objections beingrthe higher cost. What They Think of Us.. s . . i i i ;i I Irving McQuary' has sold the Athena Prebs4o J. W. Smith and' F". B. Boyd'. We wish' the Press-con tinued- prop perity. Union Repub lican; 5 Irving McQuary has disposed of .the Athena Press to J. W. Smith, ;a teacher- of that place, ancPFred! U. Boyd, nn employee of the office. We wish it success- under the new management. Among' the im provement announced for the paper is a new cylinder prew; and a lot of new material. OregonScouf. -. Irving McQuary, for several years the popular and successful quill-driver of the Athena Press, has disposed of his paper to Messrs. Smith &' Boyd. Mr. Smith, was principal, of the Athena- school B- 'the past winter, and Mr. Boyd has been an employee in the mechanical department of the Press for some time past. We wish the new man agement success. Marion County Record; Irving- McQuary Ha, soldi the Athena Press to Smith & Boyd! Prof. Smith iB well and favorably known as an educator, and Fred Boyd has had a hand in running the Press for the past two years. Both gentlemen are well qualified to turn out a good newspaper, but they will have to"- "get on? their imuscle" if they expect to db better work than the genial and fearless , McQuary. The Herald trusts that the late editor will meet witH sue- cessin his new field and that thi new managers will reap a sub ptintial pecuniary reward from the Press. Ore-gon Alliance Herald. ... . Irving McQuary, editor of the' 'Athena h'REes since looo. has sold his interest in the paper to J. W. ibmith. Portland Oregoniao. . Irvine McQuarv- who for the past six. years' has successfully If . A. J. ..a giuciea the lortunes ot the Athena Press through the shoals and' rapids that beset the ourse- of a country weekly, has disposed of his interests in1 that journal to Messrs. J. VV. ibmith and Fred B Bovd. Walla Walla Statesman. Advertised Letters.. List of letters remaining. un claimed in the Post Office at Athena Umatilla County, state of Oregon, June 1st. 1893. Persons calling for the samoRay "Advertised. Anderson, J. Pleroll, Bertie J. Colbert, James Remington, W. M. Fritts, Wm.-L. Shaw, James Foot, Ella F. Steppx L. S". King, Ofecar Smith.. F. A. Kimaey, Harry Vinecore, C. L. Mclvey, T. II. Wilson, Martha Martin, Dave Walton. E. C. Paquette, John Waller Edgar (Sito W. IfANSBLt, P'. 5T. The wav to wild vv- Athb. IS TO PATRONIZE HER IKSTITUTION8 AND INDUSTRIES. TAFT TOLBERT & EO -r GENERAL- Blacksmiths, Fourth Street, Athena, Ore. LL KINDS OF MACHINE REPAIRING AT LOW RATES, Horse shoeing Wagon Work Stanton & Arkell, Proprktors of the ' 6 iFh IfifT 3 5 PilEAT rMRKET, Corner of Main k Fonrth, A Large variety of Meats aU ways on baiul. See us. JUST The iBrgwt stock ot ' vnwUrC"j3rat)tio Plense No!?h-notr pass as- by. Call and exami-n out atoplt; you will purchase- TV alio bw a oomslet stoctt of Base Ball Supplies, KltteB) marbles-.. crouets, Stationery, books, school' supplies, musical instru ments, notions, cigars toUavcoj. and5 confectionery, REME1BEE! WE ARK HEADQUARTERS FK FISHING '. TACKLE THE" BEST STOOIC AND' Lowest Price If KMSRL atSOHET'ATHEfiAl THE HAS1 RECEIVED Tackle, feh oity. benr this in mind. Bad Eoads Makes trade slow, Bt we offer such RARE INDUCEMENTS toCnstomers who venture forth that they come to town spite of ' ; ' ' Whenever they are in town and are able to make A root Deals That Pay. Thi not neglect the CITAKCE, bnt take ADVANTAGE of our OFFER. ATHENA, TP Ladies Our new stock of ID3?eSS GrOOCLS has , arrived' from New York, and we will be pleased to show them Amony the dress-goods-will be the latest" patterns in Pointelles, Grendines, Sateens, Chambrays' Cashmeres, Sublimej.Summer Suitings,- etc etc. LATEST HOVELTIES 111 Cniflori and1 Oriental laces, embroideries,- Hamburg : edgings, fancy Ti'.s, Gloves mitts, Handkerchiefs, et6. Entirely new and complete line of Ribbons, uniqjja.: in design and very pretty (-UnderweaC'aiid.IIosiery ih all grade, and remember that v HAVE JUST RECEIVED THE LARGEST INVOICE of Ladies, Gents, Misses, Boy's and ChildWs Shoes -ever brought to the eity. They com pnae the latest styles and for neatness and' elegance cannot' be beat, , and will be sold at hard We would respectfully ask your inspection of these goods, knowing you will be pleased, and? it will be a pleasure far us tor show them to you: BERGEVIN BROS., 4 , ; Athena , OregoiL. -. .' V. they find just what they want , , . .... " OREGON. A. Pace ollis- 3. La TRiMMiHCS TO MATCH. times Prices.: SP1 in. -'