VL
NO
SCIO, LINN COUNTY, OREGON,, FRIDAY, DECEMBER 21. 1894.
31
Gold as the basis of a monetary
that a change must be for the better.
THE THEME IS MONEY.
system is impracticable and impos­
If there ever existed a time in
sible. There is no precedent for it
the history of our government when
¡3D EVERY FRIDAY, BY
The Chicago Daily Inter Ocean, in j in the monetary' history of the
our
ablest,
most
patriotic,
country
­
L. DUGGER,
its issue of the 7th instant, publishes
loving statesman should be elected the following in its account of the ] world. The 21 year’s experience we
N THE CITY OF
have had in getting down to it has
<oo., O regon . for public positions, especially in the meeting of the Sunset Club:
broken the back of this country and
halls of the national legislature, it is W. H. Harvey, author of Coin’s :
demonstrated its- impracticability.
TERMS:
pow. It is nonsense to split hairs “Financial School,” was introduced. It is the moneyjat the rich and few,
rariably in advance.......$1 50
“
....... 1 00' as to who or what brought the grand He attacked the “bankers plan,” as . and Is subject tb^ombinations and
<ot paid in advance,
2 fio
,
old ship of state among and so dan­ laid down by Comptroller Eckels,, manipulations
that prevent its being
,‘atee at fair, living rates,to be
gerously near the destructive rocks and also the scheme suggested by , made an equitable and stable stand­
Ivertisements must bejiaid A>p
,
of financial ruin. Suffice to say we President Cleveland and that pro- ard
of values. 2No property, the
■■ is given for their Insertion. •
,
and supply of which does
are there, and welcome will be the mulgatéd from Baltimore. He said amount
pilot, be he democrat, republican or the three plans differed in details , not automaticalljfrregulate itself and
ID POKER” METHOD'OF
populist, who can and will guide and not in essentials. They pro- ( circulate amongthe people, can
flONAL FINANCE.
“Old Glory” into an open, smooth posed, through loads at almost nom- | be made the basis of a monetary
inal interest to the banks, to float j system. Gold as the basis of a mon­
<ent game of “stud pok- J and prosperous sea.
credit or token money far in excess , etary system is quicksand, ever
v th.e government is playing
When the owners ot gold have of the redemption of primary mon , shifting and unreliable. There is
('all street, caTr-have but one
forced
the government out of sheer ey. Of gold, which is the universal ( one firm in England that can corner
», if continued long enough,
redemption money now, he said
to use silver and currency there is $4,000,000,600 worth avail­ the gold of the world. There are
je fiftancifil bankruptcy of the necessity
1
alone as a circulating medium, and able for money in the world. The ( three men in the United States who
rment; for with the Wall
corner the gold of this country.
will still refuse to loan their United States has about one-seventh can
( Gold is a foot-ball, and the money­
’money sharks as dealer and they
1
gold, the query is: what of the available gold. The demand -
IN
j and with the government as precious
'
K
lenders are the kickers. The two
will
they
do
with
it?
It
seems
to
for
gold
is
increasing,
and
the
prop-
,
ihUi.Ay
crack teams of the globe are in Wall
lv player, the result is as in-
-
I
,
and Lombard street.
evitablp >Sr2 plus 2 make 4. It us that in their scramble for gold erty value of the metal is conse- street
and gold interest-bearing bonds, quently always rising. There is an
Yon are discussing here to-night
is what * is * known among gamblers
they are doing more than any other international struggle for the pos the most serious question of the
ns a “sure thing gamq,” Th§ game
one thing to force the government session of gold, Mr. Harvey asked: age. Your lives, your liberties and
may be said to have, commenced,
to a silver basis. There is a bare_ “What is the probability of the your fortunes are involved in this
properly, with the first fifty million
possibility that such action may yet United States being able to keep ' question. The happiness of your
issue of fibnd-', though the scheme
be deemed dangerous to the peace her share of it?” He proceeded to wives and children is wrapped up
had probablybeeb agitating the Wall
in this subject.
and well-oelng of the government, answer the question as follows:
We have witnessed for a year,
street^ brain for months, and the
inimical to its interests; hence could since the repeal of the silver-pur­ We are legislating to make the
“rake'off” in the way of percentage
value of money grow, instead of
be construed as treasonable acts.
ard imes rices
chase act, the spectacle of the wages. We are cultivating trusts
was quite moderate at first. As the
- game progressed, thfWwithdrawel of The Portland Daily Sun, one of United States government dickering and corporations and human greed
gold from the treasury became more our most valued exchanges, lis, i>y with a lot of New York bankers for instead -of human character. Our
frequent à^cì of larger amounts un­ far, the ablest champion of free sil­ gold enough to keep up the appear­ business men are doing business on
til th’q. government was forced to ver in the Northwest. Its advocacy ance of redemption. England, the a falling market.' Few, if any. cf
creditor nation of the world, has a
»>'l5uyttTiolher “stack” in thè shape of of the white metal furnishes a corner on gold and can take it all our business men are making mon­
ey. Most of them arelosinganoney.
another; bond issue. Not content standard about which all friends of away from us at any time. She Four millions of idle wage-earners
with the mere interest on the bonds silver can rally. Truly, there was a owns over $5,000,000,000 of our bonds are in this country. Tears are fal­
Houston Building,
Scio, OregoiL
BK, Jy gpre forcing the government /long felt want” for such a journal —national, state, municipal and cor. ling upon the cheeks of thousands of
js^l, these smart financiers in Portland, and nobly does the Sun porate—and only has to part with a women in this land, and helpless
bagatelle portion of them in our babes are dying at their mothers’
. totnreti a Qianey syndicate, and pro-» fill the bill.
IF YOU WANT INFORMATION ABOUT
WEAETHeEFORD
& LAW,
markets to walk away with all our breasts for want of sustenance.
posed taking the whole bond issue;
ATTORNEYS
AT
and soF brought influences to bear The committee on banking and gold and bring on a gold famine at \\ ithin a year in this city a woman
ALBANY, OB.
upon our honorable secretary that currency in the national house of any time. London can pull the has been crushed to death at the ß^Office in Flinn elock, over First National
representatives, have agreed to re­ string and make us dance. She can county agent’s office in a scramble bank.
8*. be* was pursuaded to accept their port the Carlisle currency and bank­
lay her astute plans by selting our
offerì and sell them the bonds at ing scheme with a favorable recom­ stocks short and then pulling the for bread, while her two little
L. H. MONTANYE
daughters were dying at home from
wholesale. In turn they retailed mendation, by a vote of 8 to 7. The string. We are paying the money­ starvation.
ATTORNEY
AT
LAW,
ALBANY, OR.
theìn to individuals at an advance secretary’s plan is somewhat simi­ lenders of England $250,000,000 an­ The financial legislation that has
Office In Strahn building'.
upon the price received by the gov­ lor to that proposed by the Bankers nually in gold as Interest on these deprived the people of their proper­
ernment, piaking nearly a quarter convention at Baltimore.
bonds. We are producing about ty destroyed them as consumers,
W. R. BILYEU,
o ^ a . million, by the transaction.
$37 000,000, of gold annually, and and paralyzed the hand of industry
attorney and Counselor at Law,
If
congress,
under
the
pressure
of
JOHN WEDDERBURN, Managing Attorney,
with
wheat
at
50
cents
and
cotton
at
and
enterprise
is
now
asking
in
this
Itist-sbe that the secretary could
ALBANY, OR.
P.
C.
Box
463.
Washington, D. C.
* have sold 'the bonds at as high a the times, does not enact some 5 cents and our exports proportion- “banker’ plan” that the system be
Will practice in all the courts of Oregon,
Honorably discharged soldiers and sailors who served ninety days,,or over, in the late war,
Special attention given to Collections.
figure as that.obtained by the syndi­ measures this winter that will bring ately low, there is no hope of get­ perpetuated and intensified. We do
are entitled, if now partially or wholly disabled for ordinary manual labor, whether disability
was caused by service or. not, and regardless Of their peicuniary circumstances.
cate,, .but “then, he was saved all relief to the people, it will indeed ting all this gold back in the way of not want to study how to increase
WIDOWS of such soldiers and sailors are entitled (if not remarried) whether soldier ’s death
a
balance
of
trade.
he
an
expensive
piece
of
govern
­
our
credit
that
we
may
borrow
more
was
due to army service or not, if now dependent upon their own labor for 4<dpport. Widows
D.R.N.B lackbvri ».
J ohn M. S oüí S íbs .
troublelay doing as.he did and, he
not dependent upon their own labor are entitled if the soldier’s death was due to service.
money, but how to increase prices
mental
machinery,
that
fails
utterly
The
enormous
interest
is
due
to
. CHILDREN are entitled (if under sixteen years) in almost all cases where there was nd
Was'patronizing a home industry
or she has since died or remarried.
to do its duty and is unworthy of ' England annually. It is payable in< . that we may pay what we owe. A- BLACKBURN & SOMERS. widow,
PARENTS are entitled if soldier left neither widow nor child, provided 6Oldief died in
> '■ .besides.
service,
or from effects of service, and they are now dependent upon theit own labor for sup«
benumbed
civilization
is
in
the
toils
ATTORNEYS AT LAW.
gold. The notes and bonds so read.
port. It makes no difference whether soldier served or died in late war or in regular army or
Tlie second issue of bonds raised the power entrusted to it.
navy.
Do you wonder at our gold exports? ■ of the money chargers. Selfishness
ALBANY,
OREGON.
Soldiers of the late war, pensioned under one law, may apply for higher rates under othei
SHr^the reserve fund, some ten-millions There is a grain of comfort to be You may expect them to keep us in prompts the propositions of the I-
laws, without losing any rights«
T
Thousands of soldiers drawing from $2 to $10 per month tinder the old law are entitled to
above the' legal requirements, and gathered from reading about the hot water in the future as in the , money trust to the government. It Rooms 5 & 6, First National Bank Building higher
rates under new law, not only on account of disabilities for which now pensioned, btit
also for others, whether due to service or not.
. the- .withdrawels of gold became millions of gold that are being taken past. We are increasing dur inter­ is aided by its allies, kindred trusts,
Soldiers and sailors disabled in line of duty in regular army or navy since the war are also
■Amore rapiti and in large'r sums.
whether discharged for disability or not.
from this country to Europe, after est-obligations. A gold basis holds , that wait their turn at the public
Survivots, tind their widows, of the Black Hawk, Creek, Cherokee and Seminole or Flor­
C- H. D ALRYMPLE, entitled,
•(5ne day last week nearly five- all. We are paying our debts and us to low prices for our exports, and [ crib.
ida Indian Wars of 1832 to 1842, are entitled under a recent act.
Mexican War soldiers and their widows also entitled, if sixty-two years of age or disabled
ATTORNEY AT LAW.
. miUions were withdrawn in one getting back to America, securities under any system based on gold we . It threatens to destroy the success
or dependent.
of
the
administration
that
does
not
Old claims completed and settlement obtained, whether pension has been granted undef
canvot
expect
to
hold
our
gold.
ALBANY,
*
*
OREGON.
day and as a consequence, though that belong on this side of the wa­
later laws or not.
Rejected claims reopened and settlement secuted» if rejection improper or illegal.
There will come a day when we can , do its will. It toasts and banquets
.the bond issue is but three weeks ter.
Certificates of service and discharge obtained for soldiers and sailors of the late war who
borrow no more, and bankruptcy , our politicians who eat and drink of
have lost their Original papers.
old, more than one-fourth of the
Send for laws and information. Nocharge for advice. No fee unless successful. Address,
the power of money. The “bankers
gold they were sold to obtain, has There is the least patriotism about will be the end.
THE PRESS CLAIMS COMPANY,
It is idle to expect us to hold suf­ plan” is intended to rivet upon us
disappeared, At this rate another gold money, that there is abont any
JOHN
WEDDERBURN, Managing Attorney,
the
chains
forged
in
the
crucible
of
ficient gold as the basis of a moneta­
hond sale will have to be made in substance used for money purposes. ry system for this great govern­ the last 21 years, a policy which, in PHYSICIAN & SURGEON, P.O. Box463.
__
WASHINGTON; D.C.
■ 'two months. By a little calculation At the least sign of danger it hunts ment; Admit for a moment that the language of a late United States
SCIO, OREGON,
; it can be seen that by pursuing this for the most secret places, never to we could hold all we have. It is senator, “is consigning to a pauper’s ^^"Medical examiner for A. O. U. W. and
policy (and President Cleveland show its craven face till the cause estimated that we have about $600,- grave the closifig years of the 19th New York Life,
........ REMOVED.........
jfysays in his message he intends to of the disturbance has disappeared. 000,000of gold in this country. This century, and laying rhe heavy hand
Next door to new postoffice b’d’ng.
do so) the bonded debt will be in-
statement is not generally believed, of paralysis on the opening.years of
Dus. J. W. & M; T. C ole .
—VIA-
- creasedKin time of peace $300,000,000 The purchase of silver bullion Un­ but the secretary of the treasury so the 20th.”
A
helpless
nation
awaits
the
burd
­
annually. This means an annual der the act of July 14, 1890, ceased estimatesit. With that quantity of
en that will be placed upon it unless
•increase of $15,000,000 in the amount on the first day of November, 1893, gold in the treasury, banks and there is courage, common sense, and
—AND-----
pockets
of
the
people,
it
is
safe
to
.......... 1893
* "of gold that the government must and up to that time there had been
independence enough in the Ameri
issue
$600.000,000
of
credit
money,
of the'
* raise to pay her interest charges, purchased during the fiscal year
can
congress
to
reject
it.
and no more.
SCIO, - - OR.
yet the government does not re- 11,917,658,78 fine ounces at a cdst of The gold in the country, the
®SF°Office and residence on south
celve one cent’s benefit from so $8,715,321.32 an average cost of $0, credit of the government can be Within the next thirty days the
ALBANY, OR.
side of bridge.
7313'
per
fine
ounce.
1
he
total
»
government
will
be
called
upon
to
doing,. It all goes for the sole ben-
Old
friends,
as well as new custom
relied
on
to
get
it.
For
each
dollar
amount of silver purchased from the
ers, are invited to call and see us
..efit of these very modern school of time that law took effect until the of credit money it issues beyond pay $2,000,000, of the Pacific railroad
Express Trains Leave Portland Bally«
Fred R., will always be on
■ financiers, that have been generated repeal of its purchasing clause, on this point it runs the risk of shaking bonds. A like sum will mature
j North.
South. I
L1. In adopting the exclusive gold the date last mentioned, was 168 - confidence and endangering the next November. The coming pay­
Portland....».Ar 8:20 A.- M.
6:15 P.M, Lv.
__ v .........
... . 4;23A. M;
10:23 P.M. L
. , Albany......... ..Lv
standard. Is it any wonder that the 674,683.53 fine ounces, which cost whole structure. It may be done ment will be the first since the
10:45 A. M Ar. .San Francisco. .Lv 7:00 P.M è
* American people are kicking vigor­ $155,931,002.25 the average price per for a time, but a large failure comes bonds were issued for the building
The above trains stop at all stations between
a stampede starts and a panic is the of the railroads across the continents
and Albany inclusive; also Tangeni,
ously at ihis method of “stud poker” fine ounce being $0.9244.
Chas. Clark, - Receiver. Portland
Shedd» Halsey, Harrisburg, Junction City,
result.
If
you
answer
me
saying
This will stir up popular opinion,
The total amount of standard dol­
irying, Eugene and all stations from Rose­
financiering?
that there is $1,000,000,000 of credit
Connecting with Steamer ‘HOMER’ burg south to and including Ashland.
« The excuse “fo maintain the lars coined at the mints of the Uni­ money in the country as against and force upon Congress the ne­
Roseburg Mail Bally.
between Yaquina and SanFrancisco. 8:30 A. Al. Lv. Portland .Ar I 4:30 P. M.
public credit,” is very thin indeed, ted States since the passage of the $600,000,000 of redemption money, cessity of compelling these roads to Fitst-class accommodations. Tables Steamerleaves
12:45 P. M. Lv.. ....Albany;»». Lv 112:30 P. M.
it is but a question of time when act of Febuary 23, 1878, is $421,776,- I point you to the hourglass at meet their obligations.
supplied with the best the
San Francicsco March 4, 14, 24. 5;50P. M. Ar. Roseburg ... Lv I 7:00 A. m .
408, of which $378,166.793 were coi­
market affords.
Yaquina
’’
9,19,29.
Lebanon Brandi.
the government will no longer be ned under the provisions of the act, Washington, where the yellow sand
There are two values in flax—fiber
...Albany..
Lv.
able to pay gold, for the time will of July 14, 1890, and $5,078,472 under of finances is fast running out. If and the seed. Our Northwest Pa­ Board from One to Two Dollars per day. Rights reserved to change jailing 8:10 A.M. Ar
Lebanon
9:00 AH»,.
BSFHeadquarteTs for Commercial
..Albany..
1:20 p . m , Lv.
Soon come when additional issues the act providing for the coinage of we could hold onr gold, and admit­ cific states are the best flax-growing
dates
without
notice.
Travelers.
2;09 P.iii. I Ar
Lebanon .
ting
there
is
$600,000,000
as
claimed
of bonds can be'sold only at a dis- trade dollar bullion.
district in the world. Many years
For freight and passenger rates,
Woodburn--Springfield Brandi.
Count.
The total coinage of all metals at by the treasurer, we could not safe­ ago the fiber was extolled by experts
apply to any Agent.
Tii weekly berWeeh Woodburn and Natron.
ly
float
more
than
$600,000,000,
or
who saw it. But we were distant
A patriotic, liberty-loving presi- our mints during the last fiscal year
CiiAs. C lark , Receiver,
8: 30a.ni. Lv.. . Portland.. Ar 4:30 p.m;
Corvallis, Oregon.
2: 06p,tal. Lv.. .West Scio. . .Lv 10:87 p.m;
a dept, who is of the people and for consisted of 63,485,220 pieces valued $400,-000,000 less than we now have from market and did not press this
5: 15p.th. Ar... .... Natron... ..Lv 1 7:00 a.nh
—
and
this
in
my
judgment,
is
what
CRAs. J H endys , S on & Co.,
branch of industry. Conditions are
the people, instead of adding to the at $106,210,780.06. of which there
Nos. 2 to 8 Market Street,
the bankers intend if they can hold changing now, and the products of
were
$6,474,912.50
in
gold
coined,
Interest-bearing debt, just to please
Dining Cars on Ogden Route.
*>■
San Francisco, Calif.
the gold in this country and control flax fiber and seed or oil, will now,
the money power, would say, “no $758 in standard silver dollars, $6, each other. If they cannot control
HOTEL
.or soon, bear transport. This is one
Pullman Buffet Sleepers
more bond issues,” but demand of 024.140.30 in subsidiary silver coin, each other iu holding the paper of the industries to be studied in flIBLIN # HOWARD,
— and —
Proj
’
s.
and $716,919.26 in minor coin
congress a sufficient revenue with
(Corner of Pir&t and Washington Streets,)
SfeCpX-CLASS SLEEPING CARS
The Cheapest Offer Tet.
During the calendar year 1893 the issue to its relative position to re­ these states.
Attached to through trains.
ALBANY, OREGON.
Which to meet the necessary gov­ production of precious metals in the demption money, then it meansan
Headquarters
for
commercial
trav
­
We
have
made
arrangements
with
ernmental expenses.
United States was estimated at 1,- overissue of paper money and a
Ex-Gevernor Tillman, of North elers. Motor cars pass the hotel for
West Side Division.
■ .Is it any wonder, that the people 739,323 fine ounces of ^gold of the return to the worse condition of Carolina, was elected United all railroad depots and Goltra Park. the Oregonian Publishing Company
Between Portland and Corvailisi
by
which
we
can
supply
you
with
Mail train daily (except Stan day.
till over this broad state are demand­ commercial and coinage value of wild-cat paper money, and a con­ States senator from that state, on Free bus to and from the house.
The Weekly Oregonian and the 7:3oain I Lv......... Portland;......... Ari 4:30 pita
ing of. the legislature, the election $35,056,000, and 60,000,000 fine ounces tinued run on the gold reserve.
the 11th inst., by 131 votes out of a
Scio W eekly P ress , both journals 12;15pin I Ar ....Corvallis.........L v j l:00p m
No currency can be elastic that
of a man to the„ United States sen­ of silver,- of.the bullion or market
total 155. If the ex-governor-is a
Albahy and Cbrvallis connect with train s
for one year for only $2. This offer of At
does
not
provide
for
elaeticity
in
its
the Oregon Pacific railroad«
ates who will be true to their inter­ valtfe of $46,800,000,and of the coin­
populist, and represents the people
is
only
for
new
subscribers
and
when
primary
money.
Any
attempt
at
an
Express ti’Ain daily (except Standby)«
ests, rathef than submit to and abet age value of $77,576,000. It is esti­
in fact as well as by election .to of­
over
issue
of
paper
money
—
,
a
nd
that
paid
in
advance.
4
-
40
p m I iv ......M.Portland...... ar I 8: 25 a in
—---- DEALERS IN—-—
the will of the gold crowd? ^This mated that on the first day of July, is what they mean by an elastic fice, the “old north state,” • will
7: 25 p jfl I ar ....McMinville........ *v|5: 50am
'1894,
the
stock
of
metallic
money
in
Get
your
trespass
notices
printed
last they believe Mr. Dolph has
currency (the emergency clause}—in probably be the banner in populism Drugs, Medicine?- Toilet Ar-, on cloth at this office.
T hrough T ickets The11 piastein
ftehc, and would,continue to do; and I the United States, consisting of coin a time of panic would only make at the next presidental election.
states, Cannda and Europe can be ontaihed at
tiel'es, Books, Stationery,
I and bullion, amounted to $1,251,640,•
lowest.ntteafrptn M«?. M. E. Woodinatisefe,
. %hilS any one else whomigbt be ¡958, of which $627.923,201 was gold the report of the bladder, when it
R. K oehler , Manteei-.
Visiting sards printed at this oL agent,.WestScio.
Etc., Etc.
E P Rddjtwsi Asst 6 E st Pfesa Agbtih
laiidiUii -
’
- ftesteA may do the same, they feel j and |624,f47,767 was silver,-
did burst, the louder.
Legal bl inks for sale at this offiee. «
tied.
— - OHTCIDNl
JUST ARRIVED AT
The past week we have been receiving large invoices of new goods
Staple Dry Goods, Flannels, Eiderdowns, Fancy Skirting and Dress Flannels
AND A SPLENDID LINE OF
Gents Pants, Underwear, Neckties, Overshirts, Etc., Etc.
and still more to follow.. ».all nice, new, nobby goods and at
H
T
P
Our Stock of Clothing is still
Large and Complete and is going fast
at the prices we make.
^Highest price always paid for all kinds of merchantable
produce in exchange for goods.
S. M. DANIEL
THE PRESS CLAIMS COMPANY,
E. O. HYDE,
EAST and SOUTH
Physicians
APEX.
Surgeons. MAY
F. L. Reis,
pew mowi.
....SCIO, OR...».
Prop’r.
Oregon Pacific Railroad
The
Shasta
Route