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About Albany daily democrat. (Albany, Or.) 1888-192? | View Entire Issue (Sept. 23, 1893)
4atlii democrat coining tii;: keiuNiDkAiiE. "What i this 'seigniorage' that ii talked no much about in connection with the sil ver bullion in the treasury?'' aki a corre sjiondent of The Journal. It is th excess of bullion over the amount coined in silver dol'ars under the spcration of the liland Allison and Sherman nets regulating the coinage of silver. The government paid t'.ie market price tot the silver it purchased, bat necessarily coined it, as long as the coinage continued, on the existing ratio of 10 to I, as compared with gold. If an ounce of silver was purchased for Od cents, its coinage value being 81,29, the seignior age amounted to 39 cents, and this is called "government profit" by some, is it would be if the value of silver remained at SO cents an ounco and the government was able to maintain the parity of the two met als. Webster defines the term as follows: Seigniorage is something claimed or taken by virtue of sovereign prerogative; specifically, a charge or toll deducted from bullion brought to a mint to be coined. John .Stuart Mill, one of the greatest of the economic writers of modern tinier, says: "It government, however, t irows the ex pense of coinage, bs is reasonable, upon the holders, by making a charge to cover the expense (which is done by giving back rather less than is received in bullion, and is called 'levying a seigniorage'), the coin will rise to the extent of the seigniora above the value of the bullion." This is, no doubt, the basis for the claim o! the advocates of free silver coinage, that with such free coinage the price of silver would naturally rise to its ratio val ue. That would be the case, perhaps, if the market price were but little below the ratio value, but it is theory that cannot s'and when the depreciation is 40 per cent or more, as in the case of silver at the present time. The United Sto'es has been buying silver for fifteen years on a con stantly falling market. According to a re cent treasury statement lha silver bullion "in the treasury tits cost the Government on an average about 93 cents an ounce, whi.' the present price is but "3 cents or a trifle wore. Thus the government has sustained a net loss of 20 cents at) ounce on all the silver bullion that it has purchased since 1878, and the "seigniorage" is reduced by that figure. If silver continues to fall the government low will increase rapidly, be cause it will attach to every ounce that was purchased ut higher figures. The idea of coining the seigniorage in the treasury at the present tima means that the government shall coin into silver dollars and put into circulation all the ex cess of bullion over the amount by sreight which enters into tho composition of the silver in circulation against it, counting the silver certificates, the treasury notes isiucd for the purchase of silver under the .Sherman act, as silver, dollar for do'lar, just as though they were silver instead of paper dollars. This excess is at present enough to make abaut 58,000,000 silver dollars. This could only be a safe expedi ent in case the government continues able to maintain Us declared policy of main taining the pari'y of the two metals, even to the use of its credit, if necessary, to ac complish that end. Milnwttee Journal. Fiance is soon to adopt n interesting Innovation in the postal card system. The ! cirds will be issued in tfco form of clieck books, with stubs. The sendet of the postal card cn make memoranda of its contents on the stub, and can have this stamped at thj potoili:e bsfore the card is attached, so that a verified record of the carrtspondence can be kept; The largest salmon which has rcaci-e 1 London for a number of )eirs past was ex Muted the o'.her day tn lior.d street. It was a male, was captured in the Tay. and turned the beam ut sbty-eight pounds. The measurements were: l.eng'h, fifty three inches; girth, 3o!4 inches. Texas is Urge enough In give all the population in the world standing room, and it is said that if all the people of the Uni ted States were crowded into Kansas, California end Nebraska, those States would not be more thickly settled than England is no. Tension Commissioner Lochrcn has sub mitted bis annual report to the secretary of the interior. It shows: l'cnsioncis on the rolls, 9(30,012: net increase, 89,944 during the year; claims for increase of pen sions allowed, 24,715; for additional pen sions under the act of June 27, 1890, there were allowed 3i,990 claims; under both heads, 115,221 claims were rejected; claims pending, 711.150; paid for pensions during tho year, $156,740,467; balance at close of year, g2,4:!7,37i. The commissioner thinks tne appropriations for the next nscal year are ample. The estimates for the fiscal yoar ending 1X95 amount to ?162,C:H,550. 11 thinks from I8H5 on, the pension list will decrease through tho fact that the number of applications will decrease, ow ing to the lapse of time slnco the war. The tendency in this direction is already mani fest. The commissioner then defends his course in suspending certain tensions granted by the former commissioner under the act of June 27, IX9J, saying he sought lioneslly and fairly to carry out the provis ions of the law, citinj instances, declaring that they and other such were granted in evident violation of that law. It is thought that the Egyptians and Etruscans were futther advanced In ;hc art oi dentistry than any other people hi that early period, for teeth filled with gold have been founl in the mou'.hs of mummies, in- dica'ing their advanced iceai. These people were the first to supply artificial substitutes In the mouth. Aiik You Uoixu East ltemember the Union Pacific is the only road that can sell vmi a first-class ticket to Kansas City for 82.VOO, .Sioux City for 8J.VUO, Omaha for 25.00, St 1mis f'r S'W.OO. Our lirt-cl.is rate to Chicago is 8-'Si.W and all other K)inU proiKirtionatcly low. Note the time vou can save via the Union Pacific. Port land to Chicago, twenty-one hours; Port land to Omaha, forty-one hours; Portland to St Louis, twenty-live hours. Free reclin ing chair cars. Tourist anil Pullman slevr-or. AccommodatK'ns unsurpassed. For rates or particulars call upon or address Ct llllAS k MoXTKITIl. Local A L-ents Union Pacific, Albany, Oregon. Of the 3559 vessels using the Suez Canal In 1892, 2581 were British. France fell from second to third place In the list, with 174. Germany follows England, and only 292 ships of that nation passed through tne canal. Two American vessels us:d it. YlI!iam is the commonest masculine name, fsext in popularity comes Thomas, and after that James. Summer weakness, that 1 1 red feelinir loss of appetite and nervous prostration are driven away bv Hood's Sarsaparilla, like mist before the morning sun. To realize the benefit of this g.eat medicine. give it. a mai. Sure, elTicient, easy Hood's Pilis. Uovr's This! Weoffer One Hundred Dollars reward for air, Case of Catarrh that cannot be cared by Hall's Catarrh Cure. F.J. CHENEY ft CO., Toledo, O. We, the undersigned, tasvo known F. J. Cheney .or the last 15 years, and believe him pe-'ctly honorable in all business transactions a jancially able to carry out any obligation m. j oy their firm. West ATbcax. Wholesale Drurelsts.Toledo.O, Waldino, Kin.va & VUaviN, Wholesale Drug- Hal Ho not w ait too long. The erf World's Fair will lie closed in a few weeks. The traveling public nre fully alive to the fact that the fhicaco luion Paciffc Northwestern Line still leads in time and accommodations to the east, liemember that a whole day mav be saved with its contii! cut exiciws liv taking the L nion Pacific to Chicago. See the 'ew IinDrovcd Siocer sewinrr ma chine. T I, t h;t is alwsys the cheapest. J W Srwis n, agent. Office at F M French's -ewelry store Htopca & McF?rlsnd, is, Allsny, Vi. the leading drug Albanjr narket Vho,47e. Pats, 2lo. I 'our, fl.Oo. I- utter, te. Eggs. 183. Jrd, 12 to 15.1. I'ork - hums 12 to 15 ; shoulders 8 to 10: aline. 1! to 13c Hay, baled. 7 Vo aloes, 40o. Arplco.l 00 Hops, 10 j. Dried fruit plums, Oc, apples, 9c. Chickens, fi 00 par dozen, Betf, on foot, Ufa. Hogi, dressed, 03, Ik iristH. Toledo. O. TatjirTh f'liwi N Cntron tnf --i--nal lo nr- lug directly upon the blood and mucoui surfaces of tho system. TeRtimoninlf Kent free, VlVt 10.. per bottle Hold by all Orugfifut. Hood'sCures Sharp Pains Short Breath, Heart Trouble, Rheumatism. His claimed that 4,902,!I21,P.1 pounds of grain aro annually put into beer nnd liijtior in the United States. The valuation of wealth in the United States is three times as great as in ISfiO, and twice as great per capita. ALBANY FDHTOEE GO fialtiinore Dkk, Albany, Ore. -c UNDERTAKING A SPECIALTY hyde&Tames, Proprietors lira. L. II. Pallia Kaglo Creek, Oregon. "1 have lived hero in Oregon for the past twenty years, and mostot the time have been s very great sulTercr from luuammntorr rhenmailsus. 1 have also had what the doctor called heart disease, whh shortness of breath and sharp pains In the left side. I decided to take Hood's Sarsaparilla, and before I had finished three bottles I was in better health than I had been for years. I do not have any pain tow, sleep well, and to-day no woman of my age Enjoys Bettor Health than I. At home on the ranch I not only artond to my family housework, but last summer I eared for and milked four cows. I do not feel that lean say half enough in praise of Hood's Sarsaparilla Mas. L. M. r.HXK, Eagle Creek, Oregon. Hood's Pills are prompt and efficient, yet easy in action, bjld by all druggists. 25c- DRUGS. Stationery, Toilet Articles, Musica Instruments, Etc. Hodies 4 McFarlal he Cr.--r D. uj S: iri,"- A bnr,o, To Farmers T HAVE RENTED THE MAGNOLIA X Mill warehouse and will have it in f cod order for receiving the present crop. The wsrebonte is first claaa and conveniently located . Contiios -,wo good cleaners. No delay in unloading. Sacks will be on band for delivery io due tine. Give me a call before making arrangements to store yoar crop. u. V. BlJirsO. Albany, Or., JulyM5:h, 1803. Notice of Assignment. KCTICG is hereby fiiven that iBaao Beam of Albany, Oregon, has duly assigned to the undersigned assignee all his property and effccU for tho benefit of bis ereditois. under and by virtue of the general assignment laws of the state of Oregon, and the under signed hashoretofo.e to-wit on the 25th dav if August, IS93, duly uaalified as such assignee. All perrons having claims against said insolvent and the estate thereof are hereby required to present the aame to the under- sigued at the store house building of Isaac Beam, in the city of A Ibany, Oregon, under oath within three montha from thia date. Dated this 2nd dav of Seotemlier. A D. 1S'J3. R K CANTERBURY. Aes'gnee of Isaac Beam,an insolvent. rilREPASS ,OTICE.- All hunter are hereby notified not to trespass upon the enclosed premises of the undersigut d, seven and a half miles east of Albany, unless permission la first obtained. I shall prosecute all who thus trepu. r. ai iiu Kh.il AK1. Dissolution Notice. The pari nor ibip heretofore existing be ween U G Uavne and (J L Huek. doinc a general contracting and cement work ousiness in Ainanv, uregoa, und6r the firm name of liavna Buck, is this dav dissolved by mutual consent. Those knowing themselves to be indebted to the firm will please c!l nd settle U O naynn win continue the business. September lUib, 1SS3 I'D HA.YNE, : L buck. MONEY TO 10AN AT 6 FER CENT ON CITY PROPERTY. M SENDERS Notice of Dissolution . NOTK'K la hereby ulven trust the no. derxntred Geo P I'rsmel aid h red Hew, remaining the partnership Arm of t'r iner.V lIo, have this tlsy dissolved rsrtnendiip hy mutual consent Krso less will still continue bn.iress at ti e old stand. All persons Indebted to the late rlini oft'ramer A Hess are requested to pay ths same At t nee to Geo A' Wright at his law ottlee, Albany Oregon. Paled this Sept lsth. isi'.t UK1' l' rHtMFFt, Notice to Tax-Payers. NOTICE IS IIHREBY GIVEN THAT the board of eqnallr.ttlnn for Unn county, Orepon. will art on Monday, the 2nd dav of October, 1893, and attend at the otilee f the county clerk of said county, and there publicly examine the assessnisnt rolls of said county for aaid year and correct all errors in valuation description nr qualities of lands, lots or other property. Bald bosrdwill continue in amslon one week. All persons Inter, ested are bereoy notified to appear at said time and place. W F DEAK1N9. Assessor for Linn county, Or September 12th, ISVi. Red CrownMills JOHN ISOM, PROPRIETOR. tw raocss nous scrcaioa roa rimus aim aaaiRs csr, HEST ST0RAGF, FACILITIES REVERE HOUSE iLBANY - 0RECC I AS. PFtlFFEl: rROrRltTOR Jr. Ir. I'aUrrson-M allure The X.'led Csln-nrant rd .if R..,,i,r- ncrr. sini r.n 3r r.un. si fit t r,-i,lcn,1 J B t'"lK-iil Mi Iri!. sN.m all r, I r s 1 . f-M . ..-. ..., a,.TI, tlpn, Alness, ton can hvsr Irutii rcur d.auftlet.Jf. SOSIETIIiyO TO JiEilSHBEH, if you're a weak or ailing woman : that there's only one medicine) so sure to helji you that it can bo guaranteed, l'l'ti Dr. Pierce's Fa vorite l'rc?cript:on. In building up overworked, feeble, delicate wo men, or in any " female complaint " or weakness, if it over fails to bene fit or cure, yott have your money back. It's an invirjoratinrf, restora tive tonic, a southing and strength ening nervine, and a safe and certain remedy for woman's ills and ail ments. It regulates nnd promotes nil the proper functions, improves digestion, enriches the blood, dispels aches and pains, brings refreshing sleep, and restores health and strength. In all the chronic weaknesses and disorders that afflict women, it is guaranteed to benefit or cure, or the money is refunded. Nothing else can bo as cheap. With this, yon pay only for the good yon get. T. C..MACKEY, M.D. Physician and Surgeon, Office Uptuln over tho Bank of Oregon. Hetidence, corner 10th and CulapooU it. J F. FOED, Evangelist. Of De' Moine. Xow, write, under date o( March 23. 1S03: Mku. Mm Co.. Dufur, Oregon . Qattlemcn , Op airiviug hmo last week, I fnuprfal well and auxiuuly a-.iAitin. Our little nirl, e ulil and uDf-hitf year old, who had vC'a ted an ay to 38 pouodu, ii now well, iroDg aaii viyurooi, and will tltjihed up. S. U. Cough ?ura hai d ioe it i wiirlt well. Bathoftl.e children like it. Voar S 1. Coutfh Cure baa cured and kept away all Uoarcceba from me. So give it tq every atie, with gretio)3 fur all. Wishing you prustveii y. we aro Younv -MR & Ma J F Fohd. If y-m 1ih fa feel itesn ainl cheerful, atil rendy fertile Sprinx 'Tic, cltuii-te vmr i)lm wtlilhe UtaJAche an J LivjtCaro, by Ukiti two or tUrte SO ceuti pT bttttl-i by all tlnimti. H I I umltT a positive iuara itee h f J ACUJJMIXG. 1ITOITY : OF : OREGON. EUGENE Qvls Monday, Ski'temii!:k Just closed the mcst prosperous year in its historv. AVlde range of studies. Tho ough instruction, business course pdded. full ion free. Entrance fee, $io. Board and lodging at reasonable rates In the elegant new dormitory and boarding hell on the eampus, where students will receivt personal supervision. John W, Joiixso:;, fUUH UAYS KAUtn at Albany, sriil. VUUi, ifili, ;iu aud tin Tl'KSI,AV, S.IIM'. 2 Running, mile 3 :oo Trot Fiee for all pace I'ur,,; .Puisc, WEDNESDAY, SV.Pr. 27. Running H mile and repeat.. Pur.e,tt. 1:30 trot I'ursf.l 3 year old trot tor special counties. Las, l.inn. Ilenton, Marion, Yamhill . l'olk '"', ioo 3 TllLHNnAV,KEPT. 2S. Running mile I'urse, $m 240 trot,...-. Turfed 2 vrnr old trot for special cojntles, Law I.tiin, lienlon, Marion, YamkilltM 'K l'ure, $,5, FRIDAY, SEPT. 29. Running I n.lle Turse.-Jij, Trot, free for all Purse, Trot. 2 year old for l.inn Co. .Purse, ioo WANTED At the stoie Allen Bros- forn BUTTER, EGGS, LARD, BACON, and CHOICE APPLES, McMINNVILLE COLLEGE. McMinnville in This Collesre is one of the oldest uipped colleges in the Northwest. Oregon, and best advantages not found elsewhere Beautiful Location, SnitaMn Ituildiims, Effiriont Teachers, Expenses Liulit: a boardin); hail in the College uuxuumr on u:e ciuu pian, 1'resiucnc urownsou steward! thus (ruaranteeiiif; (rood board nt th least possible cost to the student. Hoard can ids be had in private families at 82.50 to 3.00 pc week, including lodging'. Tho fine Telescope recently mounted in tls New Observatory and the extensive Library to which students have free access, offen this state. Thirty Acre Campus, Healthy Surroundings, Thorough Work. Five courses of study Classical, Scientific, Normal. Literary nnd Business, with inecial advantages in Vocal and Instnimentnl Mimic, liimin.-ss rrmrsn r.f turn vAiiru ( iraduates of the Normal course are entitled to a State Diploma, and are in demiuul to fill 1.I..I. M..i: : :n. i :i i n . .1 . t.. . .... ....1 in.-niiiuni.. jii .uiiiiivnit; is iicnrsMiNf nv mil rnjra an pans gi tne iraie, on me main trunk of the Southern Pacific H. 1!. West Side: fifty miles south of Portland Fall Term Send for 4 at nliigne. Begins September 19th. Address; T. Ci. BROWXSOX, rrewident. Or A J Hunsaker, Solicitor and Financial Agent. Portland's Great Industrial Exposition Oprns September 27 93 Closes October iS LIBERATI'S CELEBRATED MILITARY BAND WILL FURNISH TBE MUSIC. A WORLD OF MECHANICS IN MINIATURE. The Special Features Will Eci.ips Tn. w Pncvmnn . u MADAME GIRARD GYER'S PRISMATIC FOUNTAIN Com Iructed at a cost of ?10,(KK) and throwing a t louianii jett of water io all colnra o( ths rainbow will beautify Music. Hall. large AQTjrni-cravrs Containing tuh of all varieiiia fonnd in Oieiicn waters, have been constructed at gnat expense. THE ART GALLEEY Will ccntain a col.ection of sintinos selected from the World's R.is A,nnn.tk... Ellsburgs celebrated painting, Custer's Last fight To visit this great Exposition and view its wonders iu every deputmeot of Alt and Science, will be the next thing to a visit to ihe World's Fair at Chlcaso. Reduced rates on ail Transportation Lines. For further information address, E. v". ALLEN, Superintendent and Secretary NEW : FURNITURE, N'T Y SroRE IS NOW FULL OF f IRST-CLASS FURNITURE, CONSISTING 1 cf bed room seta, chairs, Icnnges, etc., which I will sell at BOTTOM PRICES. Tlios. Brink. 0 PoatLAso, Oiitot A. P. Arxsisomo. PaisciML. OpenaUtbtyeAr. 8rudents may enter at any time. Catalogue free, A BUSINESS EDUCATION PAYS. Cabinet photos from $ 1 .50 to $4.00 IMAspeclalty . i6xjo crayon; framed 'for Jlo'oo. Ve rarrr a large stock ol jS and steresccpli Tlews of Or- nr. i.KAitixn rnoTouttApncRn, s"- -afbaay Aresea- , aft . . for which I wil! pay the best ca&h prict possmie. B F RAMP Star Bakerj CornroHdailblu and First St CONRAD MEYER, PROPRIETOR, I nnl rrmls, Ulassnare, rled rroltH. Tobiicico, Nagar, toller, El I'auned Ilea Queenasriiri'. Vegctalile. Cigarsj Nplce, Tea. etc.. fsc evcrytrtMir that Is kept in a ccoer variety ami usocery store, lligheit market price paid for ALL KINDS OF PRODUCE Aoests WANTRUonSalaryandComniissim for THE ONLY AUTHORIZED Bioroliy of JAMES &. BLAINE, By Gail Hauiltox, his literary executor, with the co-operation of hia family, and for Mr. Biaine'a Complete' Workr, ''Twenty Ykabs or Conokess," and his later book, "Political Discossioxs." One prospectus for these 3 best skllixu books in the mar ket. A K 1 Jordan of Me.,took 112 orders from Hrst 110 calls; agent's profit 819(i.50. Mrs Ballard of O. took 15 orders. 13 Seal Russia, in I dav; profit 826.25. E N Rice of Mass. took 27 orders in 2 days; prolit 347.25. J Patndge of Me. took 43 orders from 36 calls; profit $75.25. E A Palmer of N. Dak. took 53 orders in 3daya; profit SOS. 25. Exclusive Termtory p'en. If yon wish to make LAKUE MOMY write immadiately for terms to The Henry Kill Pub. Co.,NorvitIi,ConB ALBANY COLLEGE, Send for Catalogue. Address, RKV E. N. CONDIT, Albany, Oregon. CARPETS, WALL PAPER, LACE CURTAINS, WINDOW.' SHADES, Best : in Jtte:MarW Fortmiller & Iriing's.