.»i
SCIO, LINN COUNTY, OREGON, THURSDAY, AUGUST 20 1896
j
made from either metal, neither re
a rd system of finance made the
"COIN” ON BIMETALLISM,
deemable in the other, but each of
policy of our country, and is op
posed to legislation that will permit
Ks i p listed every T hursday , by
The following article from the pen [ itself money. The option was with
the
formation
of
the
rich
.
arristo-
■
of
W. H. Harvey (Coin) is, we take the debtor, the persons, setting the
T, L. DUGGER,
crats and pauper plebeian plasses of f it, a thorough expose of the sjlver money in motion. The debtor thiis
IN THK CITY OB'
question and as such we commend controlled the demand, qn<i as de^
gVIO, LIXN CO., OREGON. society,
it to the careful per-usal of our read- mand gives value, and the supply
TERMS:
i
ers,
Mr- Harvey is regarded as the being limited, this option to ihe
The fact that rich corporations
5er annum, invariably in advance.......$1 50
,
leading
authority on bimetallism: debtor shifted .the" demand from
&x months,'
“
“
*•
....... 1 00 and money syndicates remain in a
gold to silver or silver to gold, as
j»er annum if not p$ld in advance,
2 o" dormant condition and refuse to > as he has given the subject a more
each
increased or decreased in
;
thorough
investigation
than
most
Advertising rates at fair, living rates,to be start up their factories, or to invest
quantity.
The debtor used the one
said monthly.
_ _
Transient advertisements must be paid tor idle capital in productive enterpris . ;ipy one else, and is, therefore, com:
most accessible;' so if silver became
when the order is given for their insertion.
i
petent
to
give
the
public
all
of
the
es, is good evidence that they have
the cheaper the demand was shift
not much confidence in McKinley’s i facts and arguments to sustain the ed to it, and thus brought it back to
i theory. He says:
election.
The
confidence'
that
was
OF QUEST 1ONAB1E WISDOM.
parity with gold, and vice versa.
wanting last year to start- the wheels I favor the free coinage of silver
*
The two metals together, both
- Whatever relay be the out come of of industry, seems to be as far off as ; for the following reasons:.
lireijied in quantity, furnish a larger
the effort to bring about a fusion be ever, nevertheless the Sherman law Bimetallism—the right’ to use volume of money and a more stable
tween the democratic and people’s has been repealed for nearly a year. either of two metals for money—is
alone Can‘
.ca.fijaa.nsial.system btu’R oufc^of the^ SuppI-y than
parties in the various states, 41
seems to us that the, confusion It is courious that Mr. J. Pierpont unselfish" wisdom of mankind. then on the otSir; there is an elas
generated by the nomination of but Morgan should assume so prominent There are scientific truths to sup ticity and a duel^ttength to the fi
one presidential and two vice,pre a place as a Repuplican campaign port it.
nancial system {ius arranged.
sidential candidates, was wholely manager, and that, too, in a very Money js a necessity to civiliza- With gold and sflveAjoth as rponey,
unnecessary’ and uncalled for. As few weeks after it has been demon-, . tion. When a thing becomes a nec one relieves the straitiupon the oth
the democrats held their national strated that his connection with the essity there should he a normal er. One is in competiftpn w9b »be
convention first and evidently ex finances of the Cleveland Adminis quantity of it. There is a necessity other to supply the demand for
pected the people’s party to join tration caused it to be repudiated at of so much bread stuff, and we meet money, and neither can rise in value
them in their election of a free sil Chicago. Undoubtedly it is singu the demand for it by creating a nor? without bringing the other into im
mal supply. Money is made by
ver administration, upon them de
lar, but a number of singular things law. There is no such thing as mediate competition with it to sup
volved the duty of selecting candi
ply the demand when the Uw is ads
dates that would be acceptable to are happening this year.—N. Y. money without thé law designating justed to bimetallism.
something as such. To create a
the people’s party. This they suc World,
normal supply of money, the laws I For all useful purposes that cater
ceeded in doing to an eminent de
gree in their candidate for the first Mirk Hanna, the chairman of the most designate a substance of suf to the desire of man in the arts and
place, as was evidenced by the republican campaign, is spending flcient quantity from which money sciences, sixteen parts of silver
are as valuable as one part of gold.
nearly unanimous vote that Mr. much of his time lately in interview may oe coined.
Bryan received at the St. Louis ing managers of big manufacturing If a normal supply cannot be ob? If neither were used as money, it is
Convention. Their candidate for concerns. He says the best method tained from the substance selected reasonable to suppose that sixteen
the second place, however, was re to reach employes of such manu by law from which primary money parts of silver would be worth more
pudiated with equally as much facturing concerns is through the is to be coined, there, will be a than one part of gold. Silver posses
fervor, as with which Mr. Bryan managers or those who employ the scarcity of that necessity to civiliza ses substantially all of the qualities
was nominated, All of his (Mr workers. The working man will, tion, the greatest of all necessities— of gold. The two metals are simi
lar in nearly all respects; they are
Sewell’s) associations are connected ere election day, be quietly inform money. In selecting precious met both durable; neither will stain, cor
als,
by
law.
from
which
money
is
to
with influences that populism is ed that he must vote for McKiniey,
rode or ryst.
supposed to be at war with and else lose his job. This is the free be made, the selection is made from
The statement so frequently heard
a limited product. To give you an
which made him very unacceptable ballot that all working men would
idea how limited it is I will say sta? that the stamp of the government
as a vice presidential candidate to have if the gold standard should
tistical reports show that there is on a metal does not add to its val=
that party. While the people’8 have uninterrupted sway.
about $4,000,000,000 of gold in the ue is a common error into which
party were willing to accept Mr.
world available for use as money, people fall. Under bimetallism the
Bryan, because it believed that he Candidate McKinley pleaded the and $4,000,000,000 of silver in the mints are open to the free coinage of
was in accord with it in essential “baby act” when he found his prop world available for U3e as money, of all that comes^of both gold and
particulars, it would not accept Mr. erty would not pay more than qne- That is, that after ages of delving silver—and the people have the
Sewell, because he was believed to fifth of the notes he indorsed. Of in the earth for these precious met right to use either as money in the
be connected with influences and course he did not expect to have to als, this is the quantity of each now payment of taxes, purchases and in
associations that it, as a party, was pay the notes upon which he placed in existence available for use as all the 'transaction^ .of life where
opposing. Hence Mr. Watson’s, his indorsement. All the same money.- The quantity of gold money is required. Thb stamp to
named—all there is in the the government,’it is true, is not
nomination. While we think the value was given for these notes, that above
world available for use as< money— what gives value to the metal, but
democratic convention did wrong would not have been given, had he will
in the .S£>aoe. of twentytwo
in naming a candidate for the sec-IJ not placed his nauae upon tliem. feet each way. All of the silver in use as money, aa-the law has provi
ond place, unless it had selected a I And had it not been for the action the world available for use as mon ded, that gives to such metal its
man that was equally as acceptable 1 of some of his rich friends, his cred- ey will go in the apace of sixty-six value. The law, by making money,
as was the nominee for the first itors would have been swindled out feet each way. Politicians may has made the. demand, and it is the
place, we question very much if our of every dollar that his property roll figures off their tongu.es as lib demand that adds to its value.
convention acted wisely in nominat failed to pay. Do the people of the erally as they wish, but after all is Under the present law gold has
ing Mr. Watson; unless it had nomi. ‘United Stales want a man for presi said, this is the result: A cube ot the unlimited right of way as mon
nated a candidate for president as dent who is so careless of his busi- sixty-six feet of silver is in the ey, and all the demand is on gold,
world available for use as money,
well. Complication with refference ness and personal honor?
and the bimetallic' option has been
If we select gold alone as money, taken away from silver. The mints
to the electoral vote arises In every
the next thing to consider is the de are open to the coinage of all the
CQNQRETE FACTS.
state, that, which to say the
mand for .money. We have seen what gold that will come, and the debtor
least, jeopardizes the very princi
the
supply is, and the next question has no option by which he can use
If
a
great
mercantile
or
manufact
ples that dictated Mr. Bryan’s nomi
is
the
demand. The notes, bonds
nation. By such action, a difficult uring firm, doing business on bor and mortgages, payable in gold, is gold or silver at his pleasure; he is
confined to gold alone. This' is
rowed
capital
bearing
interest
charg
problem was given each state to
sued by the city of Chicago, its in
solve. But, thanks to a conserva es, found that its large output habitants, corporations, including monometallism. It puts all the de
brought no profit, but only more
mand on gold and takes the demand
tive, patriotic spirit that seems to debt, the end would be plain.
railways terminating there, in the from silver. It bulls the price of
prevail in every state this problem That is the position of the country. aggregate amount to as much as all gold and bears the price of silver.
is being solved in a way that causes Prices have fallen so low that they the- gold in the world available for Under bimetallism the demand
the average gold standard adherent increase the liabilities instead of the use as money.
shifts at the will of the debtor. Un
to tremble in his. boots. For all this, assets of production in great and The railway bonds, payable in der this shifting demand the two
gold,
of
the
United
States
amount
we believe that the St Louis conven fundamental interests.
metals for the three hundred years
to $5,000,000,000. This is $1,000,000,- that we have the statistical history
tion would have contributed more The gold policy is wholly respon
000 more than all the gold in the
to the success of bimetallism, had it sible for low prices as measured by world available for use as money, of, prior to 1873, did not vary in
named Bry’an and Sewell as its gold, the purchasing power of the and this railway indebtedness is but commercial parity more than 3 per
standard bearers. We believe the “standard of value” adopted by the a drop i.n the bucket of the gold in cent. And during that time there
autonomy of the party would have law of 1873—the gold dollar—having debtedness in the world. A healthy were periods when the world’s pro
been as well preserved as under the doubled since the free coinage of reserve maintained by ali of the duction of silver' was $2 to $1 of
silver was stopped by that law.
present conditions and the cause of We are producing, a surplus, a gold governments in the world to gold, and at other periods $4 of gold
bimetallism been made absolutely selling country; a continent. We float their representative money to $1 of silver. The supply of each,
certain of success. Under the pre need good prices. We have taken will require more gold than there is however, being limited, the demand
maintained the commercial parity.
sent conditions, it is quite probable our financial policy from an island in the world; and to the extent that Since 1873 and for the twenty-two
they
are
unable
to
maintain
such
a
that there will be no election of vice that is a bank and a workshop. A
reserve they must curtail their years that have elapsed the world’s
president, and the selection of that buying country. A country depend quantity of representative money productions of the. two metals has
officer will devolve upon the next ent on other countries for the food and hold the total volume of money been about dollar for dollar, and yet,
Uuited States senate. Whether upon which her people live, for the below the normal quantity necessary the demand having been taken from
a person will be selected who is as raw material which her ships collect, for civilization. All banking sys- silver by all the leading govern
friendly to the interest of the which her people work up, and tems in the, world floating repre ments of the w^W^irthe commercial
people as are éither Mr. Sewell or which her ships then distribute; a sentative money must likewise parity between gold and silver has
Mr. Watson remains to be seen. buying country with one principle maintain a gold reserve to float their been .broken 50 per cent’.
Yet we hoped that out of tne muddle essential to her prosperty—to get outstanding paper and token money. Is it a common statement that sil
This only .contemplates money re ver is now legal tender to any.
thus created, that the cause of the things cheap.
people and of humanity in general It is essential to us to get a fair serves, and we see that it leaves amount. That is not true. The
none for circulation among the peo Bland- Allison act oi 1878, that, re
will come out triumphant in the price for our products.
ple. No substance should be select stored tosilver its legal tender qual
end. However, it is hoped that the
We surrendered the possibility of
ed as the sole material of our pri ity, had a proviso: Except where
democatie, people’s or the silver doing this when we gave the coun mary money that does not contem
otherwise provided in the contract.”
parties, will not indulge in hair try which is our largest buyer the plate its Being in the possession of This gives the creditor the option
splitting over matters pertaining to power to regulate the price by the people and circulating among as to which money he would receive
state elections, for success depends adopting a standard of value which them.
when he could dictate the terms in
upon a united, unwavering front; she controls.
No material should be selected as which a note or, bond was. payable.
W.e surrendered our profits 'in the primary money of the-people [ Since then these creditors have tied
and this can be secured only by the
utmost good feeling and party home trade by surrendering to Eng that is so limited in quantity as to up the people, inutiicipalities and
charity. What difference does it land the power to fix the price of be capable of being cornered by corporations in billions of dollars of
thoso who make it a business of se notes, bonds, and mortgages, both
make any way whether this or that our products.
officer was a democrat, populist or England is onr creditor, and by lecting money as the property in new-and refunded, payably in gold.
free silver republican? All profess halving the price of our products which they deal. To do so places The act of 1873 demonetized silver
to be in favor of bimetallism and the she doubled the value of our debts. civilization at the. mercy of the for us, and the act of 1878- drove a
cause of the masses of the people as The end is -inevitable bankruptcy money dealers. In the discussion knife through-the corpse of bimet
of the money question you should allism. It authorized contracts that
against the classes. If party lines if this course is pursued.
never lose sight of the fact that destroyed the vital principle in bi",
It
is
time
to
adopt
an
American
are broken, which seem to be a fact
money
is a necessity to civilization. metallism.
in a degree that never before ex policy suited to American needs, es
sential to American safety,, credit, Out of the wisdom of man came It is a commonstatement that free
isted, it-makes but little difference
the usé of two metals for use as mon-, coinage of silver will run gold o'fit of
solvency’.
to the masses of the people from
The St. Louis platform favors ey, these metals to be coined into circulation. Bimetallism contem
what political party a candidate continuing.the British1 policy’. The money at a ratio in weight of 16 tol, plates that from time to time one or
/ ^springs, so that he is an" American Chicago platform declares for an or in the ratio provided from time to the other of the metals will be hard
citizen in principle and is opposed to American policy.—New York Daily time. The option was given by to get and will g° °ut of circulation.
Jaw for the 'people to use money Is it the right to use either metal
having the British single gold stand- Financial News.
♦
and the fact that the other metal is
accessible qnd may he used that cont
Stituies the principal merit of bi,
inetallism. There ’ is a calamity
when one metal gpes out of circqla?
tiop, if it is the only metal the law
has.provided for the q§e as primary
money. Bet there is no calamity on
one of the metals going out of cir,
culation if the qther metal is ac
cessible, the mints open to its free
coinage, and the people have the
option to use jt. Qold is now out of
circulation. There is nc gold arpong
the people. It is cornered in the
banks vaults. It is leaving us to' go
to Europe to pay $250,000,000 annu
ally as interest on our gold debts,
authorized by the act of 1878. Unr
tier the gold standard ft is only a
question pf time when all our gold
will leave us Vi e produce about
$40,000,000 a year of gold Rpd are
sending $250,000,000 a year to Eur
ope as interest an debts of ours
held by foreigners. The gold t>einR
shipped back to ps is borrowed gold,
gold that is increasing our gold debt
fo Europe and intensifying the situ
ation. It means that in the future
more gold must be annually shipped
to Europe to pay our increasing gold
interest. It means that we have
committed ourselves to an errone
ous financial system, and that the
longer it lasts the greater our suffer
ing must be in the end.
The gist of the financial question
is in this: The men who deal in
money are Interested in making
their property more and more
valuable. This a natural- instinct in
the dealers of any property. A cat
tle Dian in Kansas who owns f.0,000
head of cattle knows that he could
make his 10,000 head of cattle worth
considerably more to him if he
could cause the sudden death of half
the other cattle in the world. The
money dealer understands this
principle, ¿nd knowing that money
is made by law, he has gone to
where the law is made and caused
the destruction of one-half the
money of the world. He is a dealer
in money—it is the property that he
studies. When he makes his money
so valuable that it will buy more
and reiore of your property and
mine, he is the gainer. When the
«■•»»-»»«J.»-’» wlioivt
for less
and less money, the farmer grows
relatively poorer than the man who
owns ihe money. The unfortunate
circumstance that adds additional
gravity to the situation is that the
money dealer deals in a property
upon which all civilization is de
pending. It is the blood of civiliza
tion in which he deals, and wh,en
he absorbs it he strangles civiliza
tion. When he depletes the arteries
of commerce by hoarding about him
this blood of civilization, society,
art, commerce,„civilization itself is
affected.
Free coinage of silver will relieve
the strain on gold and break the
grip of the money lender, whose
fingers are now mercilessly tighten-
around the throat of this govern
ment. All is at stake in this strug
gle—our families, society, and the
Republic itself. W. H. H arvey .
■Republican
newspapers
and
.speakers seem to be loaded with
any amount of ridicule for Candidate
Bryan. How would it do if they
would turn their guns on Bankrupt
McKinley for a spell? Aman who
is reputed to be worth but $15,000
to $20,000, who-indorses notes to the
value of nearly $100,000—five times
his .reputed wealth—cannot be re
garded as a strictly upright man.
A person who is so careless with
his own credit’ cannot be regarded
as a very safe man to conduct the
affairs of a great nation.
A Postal Gard
can summon to your home, a complet^
attire for Spring and iSuminer.
we have received are choice selections^
in ,,. .Color,,.,Patern.,. .Style and
• YY" ear•.
•
♦
Few Words
are necessary to voice the praises of
our Albany Woolen Mills fabrics, III
the round of daily sales
for these home-made materials, ...thg
best of their kind... .not only appear
to “have it” but they are gaining in
popularity daily.
,
w
$11
$12,
—SEVERAL : STYLES-
<THE L, E, BLAIN CLOTHiNG'COMPANY,)»
THE LEADING CLOTHIERS, ALBANY, ORN,
Scio, Cflotractor and Builder,
is now prepared to do any and all kinds of Carpentry
work at bed - rock prices. Will furnish estimates and plans
free to those employing him. First-class work guaranteed,
Give him a trial and be convinced.
STRANEY & MITCHELL.
EAST and SOUTH
Livery and Feed Stable, ! The
ALBANY,0RN’
— VIA—
Shasta
Route
—of the—
The Fastest and Most Styl
ish Rigs kept by any stable
in tne county can be found
here. Social attention given Express Trains Leave Portland Bally.
to boarding horses. Stock South.
1 North.
8:50 P. M, Lv......Portland.... ..Ar 8:10 A. M
coral and scales connected 12:10
P. M. Lv.........A Iban j'....... •Lv 4;50A.M
with the barn. Charges rea 1ÒM5A. M. Ar..San Francisco. •Lv 6:00 P. M.
The above trains stop at East Portland ,Or,
sonable.
egon Citv, Woodburn, Salem, Turner, Marion,
Sonta Pacific Cojaiiy.
Senders Barn, Cor. of Ellsworth & 6th s.
WE A RE READY.
We take your milk, sepa
rate It, make the butter,
pack and ship it; and pay
the patron all that the butter
brings less 31 cents per ib,
Or we will contract with any
one for their milk for six
months at 60 ceuts per hun
dred.
Scio Creamery Company
A?°n* Albany, Albany Junction, Tangent,
Shedd, Halsey, Harrisburg, Junction City,
irying, Eugene Creswell, Drains, and all sta
tions from Roseburg south to and including
Ashland.
b
Roseburg Mani-Daily, |
8:30 A.M. Lv. Portland
.Ar I 4:40 P. M-
12:25 P. M. Lv. ....Albany.... Lv I 1:15P.M.
5;20P. M. Ar
Roseburg .. Lv I 8:00 A. M.
Salem Passeug-er, Daily.
4:00 p, m. I lv.
Pvrtland......... ar 110:15 a. m,
6.15 p; m. I ar.
. Salem
lv| 8:00 a.m.
Lebanon Rranch.
Daily (except Sunday.)
8:20 a . m . I Lv.........Albany........ Ar 110:40 A.M.
9:10 A M. I Ar .... Lebanon ....Lv 1 9:40 a . m .
4:30 p . m , Lv.........Albany.........Ar I 5:45 p . m .
5;20 p.m. I Ar.... Lebanon .... Lv | 5:50 p.m.
Woodburn-Springfield Kraneli«
Daily (except Sunday.)
2: 30p.m. Lv. Woodburn... Ari 1:55p.m.
5: 20 p,m. Lv....West
.
Scio. ..Lv 110:55 a.m.
9: 00 p.m. Ar
Natron....,Lv ] 7:00 a.m•
Dining Cars on Ogden Route.
Pullman Buffet Sleepers
SUMMONS.
In the Circuit Cours of the state of Oregon,
for Linn oounty.
AnnieG. spinney,
Plaintiff,
—AND—
SECOND-CLASS SLEEPING CARS
Attached to through trains.
West Side Division.
Between Portland and Corvallis.
vs
There is considerable talk among
Mailtraindailv (except Sunday.
O. P. Card,O. A. Card, An-}
different newspapers and politicians ( drew
Sandford, A. Me. N.J
7:30 a m I Lv... Portland
..Ar | 6:20 p m
relative to the organization of the Harrison,
Harriet L, Harri-1
12:15 p in , Ar .... Corvallis
Lv | 1:35pm
Frank Bros, a corpora* •
two houses of the next legislature. J son,
At- Albanjr and Corvallis connect with trams
tion, W. M. Ladd, C.E* Ladd } Defendants,
of the O. C. & E. railroad.
J. W. Ladd under the |
As usual most of the candidates for and
firm name and style of Ladd I
Express train daily (exceptSunday).
president and speaker hail from & Tilton trustees and First |
National Bank of Albany,On. j
<• 45 p m I lv......... Portland...... ar I 8: 25 a m
Multhnomah and Marion counties.
7: 25 p m I ar ....McMiriviHe.... jv I 5: 5Ò a m
P. Card and O. A, Card, two of the above
Of course the irrepressible Joe To O.
named defendants:
T hrough T ickets 7liea11 pia^erS
Simon is a candidate for re-election You and each of of you are hereby required states,
Canada and Europe can be ootained at
lowest rates from Mrs. M. E. Woodmansee,
to
appear
in
the
above
entitled
suit,
in
the
as president of the senate. It would
agent,
West
Scio.
R. K oehder ,Manager.
entitled court, on or before the fourth
E P R ogers , Asst g F & Pass Agent, Port
seem odd, indeed, if this wily pol above
Monday ot October, 1896, same beins the 26th land.
Or.
day
of
October,
1896
and
answer
the
plaintiff
’
s
itical wire puller, of Multnomah, complaint on file therein. In case of your
should not attempt to. control and failure so to appear and answer, plaintiff will
judgement against you for the relief de
shape legislation during one session take
manded in said complaint to wit •
Judgement for the several amounts set out
of the legislature. It might be just herein together with interest on said amounts \
severally at the rate of 8 per cent, per annum
a little more in the line of fairplay if from
the. time said sums respectively become
due as specified below, to wit : $700.00 due
some others counties in the state September
1st, 1895; $21.00 due September ‘.st.
other than the two mentioned 1894; $21.00. due March 1st 1895; $60.93 taxes paid,
SCIO, OREGON
due March 26th, 1896 and the further sum of
should be honored with one or both $100.00 attorneys lees- in said suit, and the
All kinds of fresh meats constant
costsand
disbursements
of
said
'.suit,
and
’
of these places, seeing that the two decreeing that the mortgaged premises desr ly on hand and will be sold at the
in said complaint to wit:
most populous counties have been cribed
All that part of the D. L. C. of Mary J. KeesJ lowest living prices; also fresh fish,
hogging the game, with but one ex and the heirs of Elmore Kees, deceased, Not.' bologna,'sousage, lard,, bacon, etc.,
Claim No. 53, in Town 12, S. R. 1 W., des for sale at bed-rock prices.
ception for the last eight or ten 2519,
cribed as follows: -•Beginning at a point 30
chains'
East of the Southwest, corner of
sessions. Linn county has a member said claim,
running thence East 111 rods;
North 40 chains.thence West ill rods;
who we believe would make a good thence
thence South-J) chains to the place of begin
presiding officer of. the senate, and ning. excepting 8 acres in. a square out of the
corner of the above described tract,,
and one whom we believe would be Southwest
containing 103 acres mo.eor less, be sold and
the proceeds applied to the payment of tlie
A. M, Shelton, Proprietor,
altogether more acceptable to sums,and
amounts above set out,and interest
costs and balance as the. court may direct,
people generally than Mr. Simon. and
Scio, Oregon.
and foreclosing all right, title and interest of
We allude to our fellow townsnam tlie defendants m said suit and each of them Good turnouts at reashnable rates.
in or to the premises above describe«».
Hon A. J. Johnson, a man eminent This summons is published by order of H. H. Stage line to Munkers’. Commer
Hewitt,judge of tne above entitled Court, cial men conveyed to and from all
ly well quallifled for the place and made
at Albany. Oregon, at chambers.
points. Horses boarded by the day
is surely as much entitled to the! Dated, July 30tli, 1896.H. C. W atson
or week.
Atty, for Plaintiff.
honor as Mr. Simon or anybody else.
CITY MEAT MARKET.
L. W. RICHARDSON,
Proprietor.