BALANCES OF TRADE,
A century or more njro, when the law s
trade ami the nature and function of mom
were little uinterstooit, mutcsiiuni neiieve
that the wealth of n country was to be est i.
Jnutcd ly the quantity of gold ami silver in
it. Their policies were ncconliiijfly tlirech
ta ilrawint' as much-of these metals as they
conlil from other nations. They stimulatt
ex;xrt? by granting bouiities'on tlieni, unJ
checketi imports even by laws us severe
me.viciwniey uw, hoping that m this wn
they wouhl maintain u favorable "balance
of traile," which, other nations would
compelled to pay them in the preciou
metals.
lliese uleas, althouu'li lciii;cxplodcd, are
such essential parts of the protective system
that they are continually cropping out
the arguments as they continually live
the thoug'its of the defenders of tlial system
Mr Maine himself reverted to them in hi;
well-known letter about ov.rtra le with On
tral and South American countries two years
ago, and a leading organ of the McKinlev
school hits lately pointed out with groat sat
isfaction the terrible effects of free trade on
Hritisli commerce in the great and steady
adverse balance of trade ajrainst the United
Kingdom. In other words, theargunient i
that , as her foreign commerce shows that
for the last ten years she has imporU-d S-t,-
000,000 more in inen handise than she Ii;i
exported, she has had to pay the difference
in money and is gradually sinking into ruin
and bankruptcy. It does not occur to them
that with a circulatinsr medium of only about
$700,000,000 she would have sent her last
shilling hi a little more than two years, and
would long since have exhausted her cred.it
and they must be greatly puzzled to know-
why she has not collapsed or why London is
still the great money center to which all
borrowing countries go to effect their loans.
This very excess ot imports over exports
is, in no small measure, made up of t
commodities sent from ail parts of tiie world
to pay debts and interest due in Kngland.
It al.-o represents profits on exports and
moneys earned in the carrying traile t.f (,,
world. Instead, thercfoje. r.f U'W.z a
symptom of exhaustion, it is pro.f of the
pheiKiminal increase in the wealth of this
trading country, and of how munificently
under her lawsof freeconimeree the products
of other landsandiheabundar.ee of the seas
are pouri.ig into her lap. The very loans
that she makes are not paid in her coin, but
in the main by the exportation c f her manu
factured goods.
Let us see now what the report lately is
sued by the bureau of statl-tic shows as to
our own foreign tiv.do during the seven
months ending January :tlst of tin, year
The first fact is the hollowncss of the claiui
that ths .Mc iv'inley bill h.is increased in-teal
of decreased our c. unmcrce. In ' the single
item of breadstuff we exported more in
valueby .?!lM.OiI.OOO than during
period of the previous ye;
the unprecedented crops here and the un
precclented demand abroad. This is alto
gether exceptional, and but for this fact our
t j . 1 i i , ,
juicign u.me woum snow a decrease as com
pared with that of the previous year.
lint the special point to which 1 wish to
..it ..I i- - ., . ,
can intention is mat during these sevJn
months we exported $t!):t.0G0,00imore tl
we imported. 11ns is tm; very state of trade
that protivtion aims to bring about by it
t.iicvniig ui imports. .now. or course, ac
cording to its theories, we have only to turn
..o. i..l.l .... 1 I ll "...
v miuLuci uioio ami we snau see mat we
collected the balance in gold and si'ver.
out me same reiort snows that our excess of
imports of gold and silver was onlyg-JO 000
000 leaving apparently a balance of SlfiT,
OOO.Oi.K) exKirts, for which we received noth
ing whatever. And when we return to the
report for February we find a great aggra
vation ot this enormity, for we increased
the c xccss'of exports of nierchandi
S.'I.ooo.OiJiJ. and actually sent out $.".! Mil, 000
more of gold aud silver than we received.
Adding these to the amount already stated
and we lind in eight months the great sum
of $l!:S.mj0.CH.H) merchandise and money
"abs mi: and unhceounted for." Truly then
there aie many things in tin- laws of trade,
even when fettered by the McKinley bill,
that protection cannct (..unit for.
William I. Wilson.
A conference of Alliance leaders was
held at Birmingham, Alabama, on Wed
nesday at which nearly all the leaden
from the Southeastern itatis were present.
As to the Alaance taking part In politick
It was decided:
After exnressing high hope and encour
agement, the manifesto congratulates the
order upon the harmony and unity of sen
timents regarding the alliance principles,
and as such sentiment prevails the org' n
izatlon must be perpetuiitcd free, from
partisan entanglement. The rules call for
a spirit of harmony and unity of action,
fealty to the principles of t'le" order and
recites the fact the membership of the or
der does not interfere with the political or
i ellglous liberty of members a. id, there
fore, the organization of its (tranches has
no right to take partisan, political or sec
tarian religious action; but urges that all
honorable means be used to secure the
election of men to the national legislative
council who sland pledged to work for the
passage of laws based upon the demands
of the alliance. The address c!oes with
an exhortation to ike members to remem
ber that devotion to the principles of the
alliance can only be emphasized and It; In
fluence made effective by voting for it 6
demands at the ballot-box. The n.Uress
js signed by all the members of the council.
Our democratic i-lends may notice If
they choose, and read as they run, that the
lepublican press from Boston to San Diego
is almost unanimously for Cleveland for
the democratic nominee. Rut not one
of them will support him when nominated.
They are for him because they have good
reasons to believe that he could not carry
New ork, and thereiore could not be
elected. If the Chicago convention does
hat the republicans all want It to do. It
will nominate Cleveland Teltgraw.
"Our democratic friends" have had their
eyes open and they have concluded that
republicans from Boston to San Diego fear
Cleveland more than any democrat pro
posed for the presidency . It Is to be hot ed
that the Ttlttrram and Dispatch, will, when
the rains subside, cease their bitter war
fare upon Cleveland.
Order at once some of o-ir Xew Crushed
Java ttglieo.
jf "ginutw ""1 In
;durhamI
tef
t i -r-fJ
i
Health
and ComfOrt are
Dpt roved
I smokimc ro'. If ff ' . ....
S wisTicfj Yjigf, v I y uu- us; of poor smoking tolia:co.
The one tobacco that has held its
iiaii.'-i own through all the changes of
; t'ir.e and against all competitors is
Ebc!:'e!rs' Bail Durham Smoking
Tobacco.
A Option' WHY?
: P:::;ire it's al.vavs pure, always'
A Great Record ti;J s ::;v,,v3 j1)e YSt, Such a
j record t.'iis move than pages of
j "f.'.!!:.'" li's Just as gooJ to-day
Tor You : ;:s ever a v.! it is the tobacco or you.
i it you moke, you should smoke
A Fact
Against Time
Fears Nothing
Unchanging
Talk's Cheap
C.ioJ A.dvice
: A trial is ail we ask.
j HLACKWELL'S DURHAM
TOBACCO CO., !
DURHAM, N. C.
j DURHAM P
fin 'V S& Tfijh a
It his do equal.
C E BkoWNEIsT.
irbt-cl:is8 (liessiMniinr done at reasoua
Mo rrttes",chillr-n'8 clothint; a sptcialty, hy
Mis" dt-urtria Iv-sor, at tle retsideaco of Mrs
toil u Cleve.onier ui h nnd iJroafi.ilhio
TWO MKX AND ONE BOV
FOUN
I) DEAD!.
VjTt fealxL
iU
Atnrp
Vhile trying to Crowd thcii
WAY JKTC
X E W A D V E B I'lsli.M E.N I S.
iSSCLUTION OF PARTNERSHIP.
KOTICK is hereby given that the part-
rehip hretnfie exi&tiui' bet wet a O J
Ket.d.ll and I. Monlt,n, under the tVm
ntnie (,r Kiuilall & Mnultoii, and t-ngied
in Hie busineed of c!ao:ntr and dir-ii.,'. in
Alo.iny, Or . i this dav, l,y mutual con-
setit, riisiHvtd, 0 . 1 Kendall re.lriiiL'. 1)1.
nulton ill euntinu ijje I.uir,ei9.
May o, 1S-J2. O J Kkkuall.
Ci L ilufi'UH.
1R0S FOR SA. E. -Mi. vm i..
J) has feir.o tin oanary Irrdi, etuuine
'.ih nhiatlFri, tor aala. Call (inherit
t home on Water street, hutueen Kill aud
Maine itreetv.
tiie Hime J A TOt? NO a.i desires uiployinnt
f.ut line to r ftmo(ini, Iiiqlr this offlM,
Warner Miller one of the great repiib'i
can leaders of New York is now in Tor;
lanil. He lavn that Cltyeland will be
notriinaitd. f!e iiava no democrat can
carry New York this full. Hut, It should
be remembered that Warner Is still out
side the breast works" and hncc not a
prophet.
Q N. STKELli A CO,
KJ J.oiiu money
DEYOc Sl FRQMAN BROS
store, where thev aiwa s have on hand
he largest Stock south of Portland, of
the late.t iinprored Rifles aria Shot
3uns; an Immense stock of Fishing
Tackle of every dscrintion Tnn
Hammocks, Camp Chairs and thousands
ot otner tilings too numerous lo mention
in connection with the Store, and cne oi
he best workmen in the State to do anv
nd ad kinds of wor
Come o:: Come No rouble to
how gor.ds "Small prcfit jind quick
ihis" Is cm .notto.
I - DYE - TO - MVE.
alteny Ste"m Dya Works.
O.J. lxcr(lqll,l0ropiUGtoi'.
Clothing Cleaned, Colored and Repaired.
Ladies shawls and Dress Goods a
specialty.
Fade l clothing restored to its ori'na
color, to look like new. '
Satisfaction Guaranteed. Give Me a Call.
Work called for and delivered.
Opposite Parrisli's Crick.
linst HtoeU of 2nd'W ttcodsi in the
vaiify. aim the moft rotKiin:ib!o prteos
A lill8 OU IlHlllI Hii K1UI1H oi
FUafiiTUHE, STOVES, TINWARE,
mm, ECOKS, PICTURES,
CLOCKS, CROCKERY,
ETC.. ETC.
On door Bc-t of S E Youn ' old hki
L. GOTLIEG.
J. A.
fall Paper
Olats.s, iito.,
ALBANY,
Albiny. Ors
on Komi r-d a
lull and a.lji.lu in nil
A BIG STOCK
ATTANTKD. A sine'e man wauts place
to work on farm liv day or mnuntli.
Addiesa I C Duedoll. Albany" Or, or ne
him at his home in Tairdnle, ore mile cat',
of Aib.ioy.
a bargain:
IX FUIT AMD VtOrTABLKrAIM FOB RALE
oonsintinit of 40 acroi, located on
mile north of Albany Land lav fine
and la well Improved. Por further In
fo matlon inquire at the farm (
Wm H Wabxer
IOR SALE.-A DAwaisvn niwlnw
I n chopper rwn iti altaohe'l.if desired.
I have a few fine Electric Batteries! on
hand yet. Will sell all on csty terms.
D M JOSE,
3rd fr Wasblnpton St, Albiuy, Or.
OF
test assrrtment ever brought 'to Aihtrj
just received at
Sec (lie Iluggics and Get Triccr.
Star Bitkerj
OorBro:i!it!!)!:i !t, Kirst St'
COHRAD fi'EYEf?, PflQPRIEiOR.
HBXLCllIX
Cnuurt! Fruits,
daNMnaef,
lrJel FruilN
Tt burro,
Hagar,
f otter.
C'tStt II sN 13.
Jueotiwuar.
t'f IfHI H
Uplrisi.
Tea,
FOR
OUR STOCK
SPRIG " - SIBHE
Is now iompltte, aad comprises the following lines.
LADIES AND CHILDREN WEA1
Staple Dry Goods,
Dress Goods,
Wash Fabrics,
Embroideries and Flouncings,
Silks and Satins,
Complete Stock of Shoes, Etc.
MEN AND BOYS' WEAf
Clothing,
Fine NegJegee Shirts,
Working Mens' Shirts,
Underwear,
Neckwear,
Hats and Caps,
Boots, Shoes, Etc.
e guarantee prices to lie the lowest as compared with euallir f.n ..
examine uuod and pet prices before purchasing elsewhere If you wish to save mone
No trouble to show goods.
G, W. Simpson
Julius Gradwolil's Bazaa
Tha very latest news is that you can buy at JULIU
GE ADWOHL'S BAZAAR, for net caah, goods as fbllows:
Arbuokle's Coffee, Per Pound
lbs. Granulated Sugar
lbs Magnolia Sugar White..:..
Wo. 1 Kerosene, per single gallon. .
Cans refilled, 5 gallons
5 Gallons Good Pickles
20 lbs. No. Savon Soap
2B,
..$1.00
. . 1.00
.. .25
.. 1.00
. . .00
.. .90
I will conduct a strict cash a'.oro, an I all gm.la will l.u hold for net ash from U
la per eent less than rut'.rar orioo. 'v iit r fi.i r
all ll:e deirahl sy!t c.f dishes, as well as a inirl ..-.rimun Ar .:... -1S?
y, lami s.nd fiiiureH Im eomilel. I maUe a speciiH. of fi le lits, ojflji, i5
i -. ..- B.o my vusioniers,
Aseui l )rsveial ri ppousible limuranoe oompaniei.
Jnlitia SrndnreMi
4 I KA.VV ULLC( T1XG A'U.V'Y
s r-
C. H. DALRYMPLE, Manager,
iHir.nt in all the vaJIwj- t-wht, Oft'tCE -ever
j ixtm; k a bam,
(r l-th withniu jilntM,1 utnl ml ihcr -vri iniii r i.
"l, M"r wrriL t--in i wtedaU' ICn.ic.A'l anv (ir,
A yo.iror two aro tiit iIimuch ratio stuto
convi-iuion- ;unl nearly sill the dt'iiiocrutis in
liittii I rum lifs of cunyross were i-rvinj.' out
for fneo.in.ij:' t f iWvr. W'horv is that
i lanim now j Orri'uriiiti.
Only two years ao the repulilu-ans of
Ort't'Oti iti tatt'c"iiveiitiona-semMi'il, adopt
e.I a resolution favoring free ami unlimited
coinage. Where is that resolution now?
Henry Wafter n In tj(C Com Ur-Jour.uil
ays tin- ih inir.ilioii .f ('IcvtlanJ would
mean the mirn-niiir ot the e!tc;iun tu aJ
vance
WWcon-i;. instruct licrilv.
as a i ui t for CIcvi'i ind in
CO ti v i n: um ,
;.ites to vote
Kepi:
hittor ,
O VO C ,
.in-, ftf the
in ncti
CON
WICKKAH&ANDER80N
3IXY LTrXN
OpjM.si-ft Ft Ciiflrlea Hot I.
Ta o.ntrin- pnd lace eir;ni(m we'l
attontieJ to
MnrcL v-oiv a rptritilty
Iiri' eh r.mco t MostV tarlor r-ho;i
Lsunrirv c oted ti ii p .t T-SOo'oek
Infftct evyrj-th... that U kept in a Kiera
variety and tfSi.cry slore, Iliyhest
iimrkot price paid fur
ALL KINDS OF PRODUCE
STIPATION.
AiTlIcts half tho American peoplo yet there Is
only one preparation of Ssrsaparilla that acta on
tho bowels and reaches this Important trouble,
and that Is Joy's Vegetable Earsoparilla. It re
lieves It in 2 hours, and an occasional doss
prevents return. Wcrclcrby permission toC.K
E'.kincton, 1:5 lacust Avenue, San Kranclsco:
3. II. llrown, IVtalmim; II. s. Whin, Geary Court,
Snu Francisco, anil hundreds of others who have
u.od It in constipation. Ouelcltcr Is asamploof
hundndj. ElkiiiKton, write: "1 have been for
reors sulijectto bilious iica.liic'.ics and constipa
tion. Have been fo bad (. r a year lack have
Lad to take a pliysic evc.y ii:i,-r i:!pl;t r else I
Wuuld h:ivc a liiudiiro. Al:cr tuLiiic: cnobltle
of J. V.S.I m l l splendid .!:!. ll has done
wond-rf'.d t'rivs d.r fie. I". similarly
tr.-l::.:,-d u.i:.l ti; i: and W cum lii. td.''
irt i. J
i icins jier ciQuuie roil, Send 3-ceril
stamp f'ir samples.
SCHOKIELD A MORGAN,
1IIL' lhird St., Portland, Or
Albany
Manufacturer! ,,f
iAW ENGINES GS1ST ASiD SAW
MlLL?.!AC!!i?tcRy iSCH -lONTS
AKO ALL Klh"i3 OF liSAVY
m LIGHT WORK, l
IMH A'iD DiiASS
ALLEN BROTHERS,
W HOLESALE 5 RETAIL GROCFUJ
C5QAR3 TOBACCO, AND CHOICE FRUITS OF AU
KINDS IN LARGE: OR SMALL QUANTITIES
IN THEIR SEASON.
Flinn Block
-:- ALBANY, OREGON.
CAST! MS.
Spf-cKI attention pai 1
kinds of machinery.
to ropairii; all
faWns Kado on Short Notict
J. O'C o..it.
cjvit -.- iqjymn
VikI Surveyor,
ALBANY. - - - OREGON
Jrni
Ss
V
?gctabio
vcbiul .
"V'OTK'K IS HERKHT GIVKN 1 Hat
tho annua. ineeliiiK f the snu-l;-lnddcra
ui' ilio Allianv Von!on Mill
Company will le b;M at 'tlie ef iee of ali
oimi-ai.y in tin city of Albany, I. inn
eoiintv, Orc' n. on '1 iu , 'the iti li
day r.f Vny. 1S:2. nt the hour ofl o'cloek
p m of a'(l day, f ir tbo purpose 1 1 . U"t
mc (4) tour directors to scrye s,:i.i n iu
l""'.v fur I ho p rill of our. ycur, Rt.d f.u
......ni-in-.i ,ii mi.-,i oincr niistneiH -a
imij Uyally imiiio l.i.f,ir mi. I hi m Int.
1 i:h ly i iMend'tlie Pi i-.n! of Director
ATTK-s; j M moy.;,(,
J 1 Uai.ii.;mi. 1'iw.den:.
: i.i.iiy.
NOTICE TO STOCKHOLDERS.
VI llP.ltKHY GIVEN HaT
said corn
ir nuii8i iiiMtiiu of the Albany
aaiii company In Albany, Oirgm.on Usv
: ' ... . ' unv,,iir
.ut uriajse oi necunjr seven direetora to
.iifitni or ono year, and tho
transaction of siudi other business as raaT
legally oome before the meet In;
I'ouo b order of ';cani of Directors.
At''",! MH WINDS,
P K Makshaix, Freaident
eecieiar y.
ALB.W
' ' --v il p-r
MJi 'I'ltliiuau,
'" I'r.,ivii
M. ..Mr.-s
'rep-... .
(1 ! i ,Ir,c I! WI UOAI)
lAcuiNA Horn:
Kir the
season cf 1S9
13 h, 1m
RIVKl: DIVISIOX.
In ilLet April
r..-.vcs r
Thur.-i!
I.'.'fl Vt'S ,
I-a.liy
.ay. .- I
st i: aii ri:
i. rt'atid for
. s at (i A ?
ii. :. I. i t
nt -i A M .
. :v.. I;s I r
r.; 1 1 a m .
I... 1',
WM.
lttt.Vt..
iv 1
:.Ld ii'.riiiiMii't C . m.
'..;. s aad
ys and
:j and
o. i Uys
The Oregon Land Co.
Wltn us home office at
SLE3VT, - - - OEEGON,
la the Gray Block, comer Liberty and Stat, street, branch office in Portlans,
WAKESa specialty of Sunnyside fruit trats near Salm.
Vull sell 5, 10 or 20 aero lots at $50 to $60 pw
aer small cash payment long time on balaiiM
fr particu
I WANT MONEY
And will aell for ths cext 80 days lumb.r at ray yard In Albany t these prioes,
Common Rouph
Common liUili, sized " '
Clear flooring, ruH'o. tin 'iihltg"iit'quRViVyL7"..'.'.'.".'."!."!
T ., nd quality ".,
Latlm, rer m '
,.. 9 00
. 10 0I
. 18 CO
. 15 00
. 2 00
LOTS .TO SUIT. ...
Come early ahllejihe c80ilmentir.good.
TERMS, CASH.
A. Wheeler,
Aptil ISll , 19;
Rellroad strce'. letween 41b and