- -vwwuwrwtwr'T
' K.TtfiT7n'
7? -SAP"' "ST rjwjUTK T? .-?' ;
w
5
mearnraj on the grouud that it will in-cn-iwcMvuRPs
U one of tho most stupend
ous frauds c or 'iinpn. ed upon human
credulity. Tlifirri'iit tariff barons, who
pursnrtdo the laboring classes of the
country to join thrm in BCcurjUKjiroteo
tion, on tho giouiid that it will better
their condition, areUiko tha liouJn tho
fable who induced the leopard, tho lynx
and tho wolf to join him in a hunting
excursion, and who after a fine deer had
been cnptuiod awarded Ihe whole prize
to himself by virtue of hisprerogal Ivo.
The only protectivo measure that is
just and that should receive the sanc
tion of the American people is one that
will protect tho American laborer from
the competition of tho heathen Chinese
and from tho pauper and criminal
classes of all other countries. This pro
tection is afforded neither by the Mc
Kinley law nor any other tariff law.
They are framed to protect the rich and
not the poor. The protection of Ameri
can labor is tho very highest duty of the
nation. Such protection is not based on
the indefensible grounds upon which
tariff laws are framed, but is rather
based upon that broad and fundamental
doctrine that it is tho first and most im
perative duty of all just governments to
afford to the weak the most ample pro
tection. For long ages in the world's
history cities were guarded by massive
walls and towers and ponderous gates.
With increasing civilization these walls
and towers and gates have disappeared,
and no armed resistance is made to tho
ingress or egress of people by any city
in all Christendom. Wifh inr-ronoirir
advancement in knowledge the burden
some tariff restrictions now existing on
trade will also disappear, and future
generations, enjoying alike the liberty
of travel and traffic, will clu&a these out
grown restrictions as the twin offspring
of a semi-civilized era. The'age has al
ready neaily outgrown them.
Political economy as taught in all our
higher institutions relegates a protectivo
tariff to that seclusion assigned to it by
the logic of justice. To-day only the
thoughtless and selfish are its defend
ers, and the timo a nnr. fur fl'atnnt whnn
with the ever-increasing enlightenment
of our race, the defenders of tariff laws
framed to enrich some at the expense of
others will have become so scarce and
infrequent that they can only be seen in
the sidebhows of some traveling circus
where they will be exhibited as great
living curiosities. Tho cause of exist
ing national distress is a lack of sound
money and not any particular adjust
ment of tariff laws, and those individu
als who aro engaged in diverting public
attention, from the disastrous oppres
sion of the British money power, to the
insignificant question of tariff legisla
tion, or to the more insignificant ques
tion of resistance to church organiza
tions, which have relieved rather than
produced the present distress of. tlie
people, are as culpablo as the man who
would call his neighbor's attention to
tho danger of being stung by a bumble
bee before him, while at the -same time
he knew .that a rattlesnake was coiled
up behind him, ready to make the fatal
stroke.
Income Tax.
No fairer system of taxation could
possibly be dovised than the taxation of
incomes, by which a man pays for the
support of the government according to
his ability to pay. Under tariff taxa
tion a mau pays on what ho eats, drinks
and wears. Under that system a labor
ing man, not worth a dollar in the world,
with a family o? 10 persons, pays nearly
10 times as much as his bachelor neighbor
worth a million. It is indeed most
astonishing that such an unjust and un
equal moda of taxation could bo toler
ated among an intelligent people. And
then when to the tariff laws are added
the proteotjvo feature by which the poor
man is not only compelled to pay an
undue share, for the support of the gov
ernment, but a tax for tho enrichment
of monopolies, it becomes a national
offense so rank that it smells to heaven.
Take, for instanco, the people of Ore
gon, and how very few, comparatively
speaking, are benefited by a protective
tariff; and yet every man not bene-
uteu is surely injured. ( There are no
neutrals allowed under a protective
tariff. It js the old game of robbing
Peter to pay Paul, and every citizen of
Oregon can rest assured, if he has not
the clear figures to establish his identity
as a fortunate Paul, that he can safely
be counted among the innumerable hosts
of poor despoiled Peters Under an in
come tax no such robbery can prevail;
a man pays according to his means; a
system which has the sanction, of both
common sense and common honesty.
The Roman people 24 centuries ago
changed their system of taxation
from a per capita tax to a tax
laid upon citizens, commensurate
with their wealth and ability to
pay, and the American people should
follow that just example. If the "Wil
son bill becomes a law the income tax
feature will be placed upon the statute
hooks never to be removed. For this
STeat Rtrida tnw.inl inaf avstnin nf
taxation tho. nation i3 indebted to the
Populut party, which was the firht to
demand it. With an ' income tax all
tariff taxation upon the necessaries of
life can be removed, leaving it alone
upon the luxuries.
Sllrer.
At the c'ose of the civil war the
irMonal iij dbtedneas amounted to
nearly three billions of dollare, the
greater portion pf winch was, payable in
lawful money. In 1809 congress de
clared that this debt should be paid in
cin or its equivalent, in 1$70 that it
sumild be paid in coin of tho present
standard value, and in 1873 silver was
demonetised, tUna nakns " whole
deht payable in gold coin, thereby im
measurably enhancing the value of the
wnds and the burden of the taxiwyers.
the parliament of Great Britain pos--d
the right to legislate for tho
i mtl htatoa. and if it desired to legis-
directly for the benefit of the
nnty claw of Europe and for
ine spoliation of the people of
couutry, it hi not possible
' f,,nHhave devised more effica-
u - a to secure that result than the
congress of the United States has passed,
ThoUni'elSta-c- is the greatest silver-producing
country of tho world, and
it is a debtor nation also, and yet con
gress has legislated to depreciate the
value of silver and to enhance the bnr
d 3ti of dobt. Such a course is worse
than follyr it is n crime.
By tho demonetization of silver not
only has tho burden of indebtedness
lul-ii increased but business has liecome
prostrated on account of an insufficient
supply of money with which to effect
ively procure an interchange of com-
,uu'u' ie .uiana law of 1878 and
the Sherman law of 1800 relieved tho
difficulty to some extent, and yet the
silver dollars coined under tho Bland
law and the certificates issued under tho
Sherman law hurl hnti, f m. .
brand of bastardy, as under both laws
the money loaner was allowed to dis
honor them. Never, never, will we have
prosperous times again in this country
until silver is restored to the position it
held for 80 vears nniW th n-nvi..,,
as full legal tender money, with equal
privileges of coinage with gold. The
contraction of the national currency by
the deni.il of the eoual roinnrm nf ciu-nt-
with gold, and by the deprivation of its
legal tender qualities, is now bearing its
bitter fruit in the present unfortunate
condition of the country. We need go
no further back than the history of our
own country, although the whole his
tory of the world is replete with the
same lessons, in order to show that the
present stagnation of bnslnpsa anil min.
ous fall in prices is directly the result of
wo couiraciion or tne currency and the
refusal to use silver as full debt-paying
money.
In this country from 1809 to 1848 the
purchasing power of the precious metals
increased fully 145 per cent. This was
the result of .a diminished supply conse
quent upon the trouble between Spain
and her American colonies. From 1850
to 1865 prices gradually rose and busi
ness prospered as the legitimate result
of an expanded currency furnished by
ma gom mines or uuitornla and by the
issue of treasury notes during the war.
From 1873, when silver was ilnninnn.
tized, until now there has been a gen
eral fall in prices and a material check
to national development consequent
upon the decrease in the volume of
money, relieved, however, to some ex
tent from 1878 to 1890 by the operation
of the Bland law. The following figures
are significant as to the effect of a full
supply of currency. They are the fig
ures of commercial failures in the years
given:
No. Liabilities.
' S 7,8W,Ui
a.iw ttH,4n,4'U
iM'U 17817,427
1.7 fi57.778.CD7
In 1803. with nlentv ot irainm-. th
failures wero light. In 1873, with a con
tracted currency, they wero heavy. In
1883, under the very small relief fur
nished by the Bland law, they were re
duced, while in 1893, under the British
policy of contraction, as sanctioned by
John Sherman and Qrover Cleveland.
they becomo absolutely appalling. But
it is claimed by some, upon the strength
oi ngures lurnisneti by the late Secre
tary Foster, that the per capita of circu
lation is as great now as during the war,
ho giving the per capita for 18G5 at
?20.57, while he gave that for 1891 at
$23.41, which is about what is claimed
at the present time. That the highest
treasury officer of the United States
should give his official sanction to a
falsehood of that character denies to
him the respect of his fellow citizens
and relieved him from their avninathv.
as his private fortune went from his
grasp in the maelstrom of inoney con
traction against which he sought to
erect a barrier of fabricated figures.
The treasurer's report of 1805 (Statis
tical Abstract No. 9) gives the total of
tho volume of currency for that year at
$1,180,107,147, exclusive of the $829,992,
500,780 notes, "many of which," as the
secretary said in his report, "were in
circulation as money, and all of which
tend in some measure to swell the infla
tion. " Add these notes and we have a
total of $2,101,890,470, which, as it was
confined principally to the 24,000,000
people of the North would give a per
capita circulation of nearly $80. It is
urged by some bimetallists that the
United States should not attempt the
restoration of silver as full legal tender
money alone, and that it should bo done
by an international agreement. It is as
necessary that we should be released
from the hardships imposed upon us by
the gold oligarchy of Great Britain as it
was that our Revolutionary fathers
should have lieen relieved from the liard
ships imposed upon them by the parlia
ment of Great Britain. What would
have been thought of a member of the
nnnfinanttil nnirrp if lia hnfl nrnnnsAfl
that the colonies should not think of in
dependence without Great Britain's con
stitutional right whatever to discrimi
nate against either metal.
The gold basis advocates insist that
VOll mnnnf lnmolnfn iA 2a"
.vb.oi.uc tiimu uuu muney,
and yet they take very great care that
nil infri&iHi;. .i.u -l . , . I
.. .Kbioiuuuu oimii not oniy ne in xavor
of gold, bnt shall also be against silver.
With equal legislation the metal in ft1
silver dollar would have retained its
value, just as the metal in a gold eaglo
has retained its value, and equal legisla
tion will again restore the equality be
tween tho market valllfl anil thn Wnl
tho country to-tha very verge of finira
cjal ruin.
Oh, for one year now of Andrew Jack
son 'as' president . i
1,1 Got-erament Loan. ,,,
Tho CrdVernnlpnt nnw lnnn mnnnv
only to !tho national banker. When ho
wantamoney he goes to tho government
and pawns his bonds at nine-tenths their
face value. . He xcoeives his money and
leaves his. bonds in pawn. The Populist
party, demands that this exclusive fa-'
voritism shall cease. They demand that
sSK
9P0 n mh fc
it vnillft nrwl tho Inrrnl . VnriHdm DhnlT habda rntA tlnnnUhnf
value of silver. Some of our Rerrabli- everv person having crrtml RwmritvRhjill
can friends claitn that if we have freo he placed-on an equality with tho nn
coinage of silver other nations would tidnal banker. If the government should
not like-our silver money, and we would follow the example of tho state of Ore
thus be hampered in our foreign trade. gon which loana its 12,500,000 of 6chool
COUCCUinCT. foT thn RnVrt nf nrnmmffnf. J mnnAV n-nnnilm-nrnirol nw nnAw jm
u. ...... v Vm. 0uuvv, I - wj huj uiii u n,u lit 1U .UJ'G4t.J All
that assortiou to bo true, it would then amounts not to.exceed JV5.000 to imv nnn
. . i - ---
Year.
lPKi ....
1873
ISA)
1S0J. ...
flfn
sent? And what must we think of men
who deliberately propose that we should
remain in the financial bondage of that
country until feuch time as its money
lords consent to remove the shackles
...1.11. I.in.l ,a na fliair tlimlta?
The dire predictions made by the ad
vocates of a single gold basis that the
free coinage of silver would drive gold
out of the country and leave ns on a sil
ver basis is .the same old croak that was
made against the Bland law of 1878 and
which is most completely refuted by the
statistics of the United States treasury
department which show tliat the stock
of gold in this country increased froin
i878 to 1890 to the amount of $450,
000,000. The objection that with the
free coinage of btlver we would have
dollars, the metal in which is worth
about 60 cent?, can be answered that
with free coinage the metal in a dollai
would then be worth a dollar, for m.
man wonld be foolish enough to sell hi
bullion to others for less than a dollar
when he can have it coined into a dollar
The fnrtlwr objection that the free coin
m it 1 ... 1m t,itl.rof if till flil
age oi suvcr ia in " -.-- -"-
ver miner can bo aiteweml that to dem
its free coinage U in the interest pf th
gold miner who now has a monopoly
The conswuuou jcv.- -"'"
I and bilver as money, and provided for
their coinage, and ( had no tou-
necessarily follow that as foreign trade
rtoumtnus bo restricted, a correspond
ing impetus would consequently be
given to domestic manufactures, just
what our Republican friends profess to
desire, and therefore, upon their own
assumntion. everv nrntwMnniaf nVirmlrl
be in favor of the free coinage of silver,
Paper Jlouey.
There has been a great deal said about
the necessity of having "sound inoney "
Tho Populist party js. the only one that
proposes to furnish such money. That
there is a necessity for paper money is
conceded bv all. Tho stinnlv of miA nmi
silver is entirely insufficient to do the
worms ousiness, compelling all civil
ized countries tO nse naner inonnv to
supply the deficiency. The world's sun-
ply of gold money is estimated at $3,-'
7UO.000.000. of Rilvpr mnnnv 3 RAO 000 .
000 and of paper money at $3,900,OiOO,000.
The Republican party deniands thaj;,
gold alone should be full legal tender
money, .with silver and national bank
notes as currency not a full legal tender,
Tho Democratic party that is Mr.
Cleveland would also have a eingie
cold basis with silver and stnto banlr.
notes currency, also not full legal ten
der. The Ponulists derfnrn for colrl ntid
silver and treasury notes, all full legal
tender money.
The monev in tho countrv in the
treasury and in circulation on Julyl,,
1893, is given-at $1,593,726,411, of which
amount there were in gold and gold cer
tificates only $495,603,711, leaving a cur
rency of $1,093,123,700 silver and paper,
bereft of debt-paying qualities. Can
any currency bo called "sound money"
that is incapable of paying anyandj all
debts? And yet, ridiculous as it really
is, the two old parties that demand, that
gold alone shall be full legal tender
money, and that the great bulk of cur
rency circulated among the people.
shall be incapacitated from paying debts
claim to be the onlv ones in favor of
EOUnd monev. No monsv is sound monow
that is not full debt-paying money, and
mereiore tne ropuiist party is the only
party that is the .advocate of sound
money. Let the policy of the Populist
party bo once put in force and the pres
ent disastrous condition of affairs, sololy
the result of confining tho business of
the country to a single "gold basis, would
be followed by an eia of prosperity un
paralleled. If gold and silver and treasury nptes
are all made, as they ought to bo, full
legal tender money, it would do no
harm whatever to make tho tronxn-rv
notes redeemable in gold and silver, for
if treasury notes were a full legal ten
der they would perform tho full func
tion of coin, and no man would be fool
ish enouKli to ask for their rednmnHnn
and then the secretary of the treasury
could easily do what is now a most
grievous task, keep the treasury vaults
full to repletion with coin. Nor would
bneh treasury notes ever fall below par..
History does not record an instanco
where tho full legal tender paper money
of a solvent government in the full exer
cise of its taxing power ever fell below
par, nor Could such a contingency ever
possibly occur.
If Secretary Cnrlisln liml laono.l ra
000,000 treasury notes without interest,
but with full legal tenders for all debts,
instead of issuing" 50,000,000 6 per cent
bonds and he had as much logaliau
thority for the one issue as for -tho
other not only would the government
have saved $2,500,000 annual interest.
but the treasury would not have been
drained of its gold by the parties who
desired to buy the bonds, and it wnnM
not be subjected to a subsequent drain
by the same parlies, who, having the
bonds, will now present silver certifi
cates, and get back their gold also. If
treasury notes instead of bonds had been
issued $50,000,000 would have gone into
the ceneral circulation, which wnnM
never have been presented for redemp
tion; for liaving been full legal tender,
they would have performed al the func
tions of gold. But such an issue of
treasury notes would have been in the
interest of tho people and not the banks,
and could not therefore be sanctioned
by the present Wall street administra
tion. The main fight against the free
coinige of Bilver is by the national
banks. .They desiro gdld alone as legal
tender money and an, unlimited issue of
bonds upon which they can issue their
bastard rag money to supply the ro-
inaining currency.
The banks now are fighting for the
financial domination of theconntrv. nnl
most unfortunately for tha country we
navo aa preaweui a urover (Jieveiana
instead of an Andrew Jackson. The
hanking monopoly in his administration
fought for supremacy. In his farewell
address he referred to tho itrnggle. He
said the distress and alarm which per
vaded and agitated the whole country,
when the bank of the United States
waged war upon the people in order to
compel them to submit to iU demands,
cannot yet bo forgotten. The. ruthleea
and unsparing temper with. which whole
cities and communities were oppressed,
Individuals impoverished and rained
and a scene of cheerful prosperity
changed into one of gloom and dexjKmd
TftrfiOn. nnrl nf. nno.tMnl la n,nlakT
value of the property, there could bo no
safer loan possible, and the effect would
oe iar-reacmng ana beneficial.
It is not an experiment Thepractica
bility" and usefulness of the scheme hayo
been tnos fully demonstrated hero in
this state. And something of this kind
must be donAROOn. or tha tnnnnv.lnnilora
Will own the whole land, and all other
Classes, will become their teriants and
slaves. Even monnroliinl TIiirsIh tvns
compelled to adont this ulan to savo its
peasantry from Tuin.
-rain . Uarpenter, tha noted syndi
cate writer, in an article which nnneared
in The Oregonian Oct 80. 1892. said:
"The 'government (Russia) has a land
bank which; loans money to the peasants
in order that they may purchase land.
This l).lnlr xvn.1 onnnori nlinnf 10 nro
ago and it makes loons to both individ
uals" ond -to villages. The 'government
puts abbdt $3,500,000 into it. every year
and since its organization it has mado
over 700JOOO loans to more than 200,000
families. In addition to this thnro nrn
various waya pf loaning money to farm
ers,, ana tno government of Russia
makes advances on crrain stored in ware
houses or delivered to officials of the
seVeral rallroadK-in hn cnnntrir
This system of loans has been going on
now for more than fouryeara. It is very
popular and a great many of the peas
ants take advantage of it. It is no won
der that they do bo, for the charges are
union less than those of the usurers who
abound In every district of Russia and
who are sucking the life blood out of
tne people. "
It is indeed somewhat humiliating to
OUr nride. who claim to lio tlin most. fill.
lightened people of earth, that we are
uuijciii-ii iu jj iu aubuuuu ior u per
fect 'system of votinir. to Switzerland
for a inst avstem of makinir laws, to
Austria for a needed system of govern
ment depositories, and to Russia for a
most necessary system of lending money
to tho people. Let the government
accede to the demands of tho people and
lend money as in Oregon and Russia on
landed property at a rate not exceeding
4 per cent, and in limited amounta to
each person, and establish government
depositories as in Austria, where it will
pay not exceeding 2 per cent interest on
deposits, and a perfect financial system
will be established that will both pro
tect the borrower and tha denositor. nml
yield a princely revenue to the govern
ment, wnicn to a very great extent
would relieve tho noonlo from tnmHon
for its support, and which would arrest
the fearful tendency in this country to
the concentration of wealth in the hands
of a few.
According to" the census reports in
1800, 01 per cent, of the people held 91
per cent of the wealth, while 4 per conf.
held tho remaining 9 per cent, leaving
not moro tnan o per cent paupers, The
census of 1890 shows that 90 percent are
living from hand to mouth, practically
paupers, while 10 per cent own 84 per
cent, of the wealth. To spme extent
tariff legislation has been responsible
for this, hut to a far greater extent it
has been attributable to our system of
finance and tho high rates of interest
demanded for money. When tho old
United States bank was, chartered, it
was provided that but 0 per cent inter
est should be charged, and Alexander
Hamilton expressed the hope that within
so years interest would be reduced to 4
per cent 8Ince those earlier and better
davs. the covernment hiu lfirrialnfui In
nancial matters directly in favor of tho
money jenaers, ana iney are rapidly absorbing-the
entire wealth of tho people.
Thirty-five years ago I fraught school
in a town situated in one of the most
fertile counties in tho upper Willamette
valley. At that time a gentleman with
a email basketful of type and a hand
press was publishing a weekly news
naner. He then waa not worth r.v..
ably nearly as much as anyono of 100
fanners that lived about the village.
Shortly afterwards he Bold hia paper
and went into the banking business.
After the lapse of a third of a century,
the farmers alluded to, after toiling and
-worrying the whole year round, year
after year, in summer heat and winter
rain, are wonn no more now than then,
while the banker, without irach toil and
worriment, has accumulated wealth suf
ficient to buy out the whole 100 farmers
and have a large pile left. Is not a sys
tem of finance which thus allows the
few to absorb the wealth of the many
one that should be remedied, by law?
Anil is it not hiorh tima that, (h a .,
ment should interpose, as Russia has
done, by making government loans upon
land to save its yeomanry from the
money lenders who are -sucking tho life
blood out of the people?
No ytpotheoiU of Prf ml.
We nave Indeed fallen upon evil time,
and recent important political events in
our national Idstoryare really beyond
the explanation of human intelligence.
That a great political party should se
lect stubbornness of will instead of
breadth of intellect as the urnrwr rmall.
Hcation for the chief executive officer of
the nation, against the protest of its
able leaders and tho preference of its
voting tuaatn. and that
ness without authority, of, la.wj attempt
to force secretly and in a most treacher
ous manner a discarded monarchy upon
a foreign freo people, and worst of all,.
in littm-dlaroirnryl nf tho hUImltni r,
honor, refuso.to carry out tjio pledges of
his party for financial reform, which re
fusal has been more disastrous to tho
nation than tha Into civil irar in tVin (in
struction of business, tho depreciation)
vi juuimigr uuu iu 111a wuuv, uusury HUU
suffering imposed upon tho millions
thrown Out pf employment,, aro gravo
facts so discordant with reason and ab
horrent to Patriotism iui tti ntmrirAr nn.
liftf ltfirilf nVlfl nmnaa tmartintnri r9 Mia
(correctness of tho popular theory that
our people aro capable of exercising the
,.i.f .t if . ... i. (
wi.v wi ocu-ftUlUlHlllUllt,
It is entirely impossible to conjecture,
what national crime has been commit
ted in expiation for which4our country
is -compelled to suffer au .administration
nf irmrnrntnmif f)ia Mitaf s11afimi(alitr
characteristics of vhich nro an egotism
that disdains instruction from tho plain
lessons' of eparienoe and a callousness
that is oblivions to tlie appeals of n Buf
fering neonfc. while it nnrniata in wronlr.
ing tho entire business of tho country
and dooming, our heretofore self-reliant
and independent yeomanry to a lifo of
idleness, pauperism and sorrow.
Tho free Institutions bequeathed to us
are now on trial, but from those pres
ent uffiictions under the providence' of
God maybe educed higher wnd more en
during prosperity" Tho pluin ailterna
tivo before us is impeachment pr empire,
for unpunished usurpations becomo
ptocedents fatal to iree gayernmente.
In this emergency thopatriotisin of our
forefathers fl.q rliar1ui.Wt in llln nnliintrn-
mont of our liborties will again bo ex
hibited in their defense, tho incubus that
is crushincr our imlnstrins will hn .
moved by a congress representing tho
popular will, an American financial pol
icy will bo established, and prosperity
and happiness will be restored to a
nearly impoverished and dishoartenod
people. As a wholesome lesson to com
ing generations, tho noothnosis of framl
should be abandoned for a devotion to
principle by inflicting condign punish
ment upon a refusal to regard tho plain
obligations of party honor.
Ouncluatoii. .
Tho errand total of Ihn nntmnnl lin.
debtedness of thq soveral countries of
the world is $27,890,000,000. and More-
ton Frewen estimates the debts of ihe
world of all kinds ut $150,000,000,000, If
these dobts aro mado navahla in poIiI.
the world's stock of- which, as "wo havo
Been, being $3,700,000,000, how are such
dobts ever to be paid? The secretary of
the treasury, in Ids statement "fdr Jan.
1, 1891, gives th6 total gold coin and
bullion in the country' nt $000,905,090,
deducting from which tao.810.010 fron
gold in tho treasury belonging to' tho
United States, would leavo $380,080,680
held by banks and in circulation. Tho
gold holdings of the banks for Oct, 0,
1893, was $174,880,002, leaving in cir
culation outside of tho banks $411,
208,018, or about $0 por capita,
Tho public indebtedness, as comnntflrl
from tho elevonth census of tho United
States, tho several states, tarritorfo
counties, municipal and school districts,
is w,va,i v,o;i. jijie population by the
samo census is glvon at 03,022,250,
making a ir capita indebtedness of
over fJ. When to this Indebtedness is
added the vast aggregate b? corporate
and individual indebtedness, makings
total estimated $32,000,000,000, tho folly
of doing business with gold alonoas full
at a
9
cnangeu inio one ui giuviu ami ijcsjxjbu- i voting uiiuwa, auu ium outii umcvr,
ency ought to be indelibly impressed on without being subjected to impeach
the memory of the people of the United raent, should pursue open bribery of
States. History has repeated itself and national representatives and by official
I tne bants oi me country, wiucn xroin pauiutsga uium mm vi cungrvw wuh
May 4 to July 12, 1693, contracted tbtJr repugnant to Ids indiridoal Inclination;
Win $184,000,000, haro again brought augment the national loaded la4U4
legal tender inoney can be seen
glance.
Is it any wonder that confidence has
been destroyed and that A panic Las
swept ovor tho land? And what has been
tho result of that panic? Mr, Jos6phR.
Buchanan, a careful statistician, crivnu
'the adult walo population of the United
states at 13,000,000, or which 0,000,000
aro wage workers, and of these there
aro now out of work 2,393,000. Ho esti
mates tho loss Of WaiTPS ta worlrmnn for
seven months beginning with Septem
ber, ibim, at fuua.oiuviou and the total
loss iu this country oft account of Hhrink
atro of wnirea and prices for thans vnar
at $2,710,198,528, whioli is mora than tho
cost to our government, or tne last war
which wiw $2,700,000,000.
All of this immense national less is
tho direct and legitimate result of al
lowing foreign capitalists to dictate pur
financial policy. Their gold can now
purchase nearly double what it could
four years since. One hundred and
eighteen years ago when our fathers re
belled against tho crown and parliament
of Great Britain, tho only tax imposed
upon tho colonies was a trilling .tax on
tea. Now tho flnan.cial lords of Great
Britain are taxing our whole people by
means of the single gold standard out of
our liberties and our hoines,
Is It not high time for another rebel
lion against British role? A third of a
century atro. tlie nation anrano- in im
and an enslaved race was stt free, Shall
we not now muster at the ballot nor oni
liberate our whole- people of all races
. from our present financial thralldoml
On New Year's day, of this year, The
1 Capital Journal of Salem was delivered
at my office. It -contained a most abase
ive editorial against me on account of
my Christmas letter to Cleveland. If I
ever performed cue conscientious-act in
my life that was one. And; told the
truth and for it I was abused 1y nearly
every plutocratic paper In the lani
lathe local columns' of The Journal
was an account of the - nf (m
yonng men in Salem for stealing. They
had the previous winter atteiuled the
Willamette untverslty, and wished to
do so the past winter but being unable
to get work during the summer they
could not pay their tutitioa. Nor cotdd
they get money to bay bread. They
stole from the university some proVteious
for which they were put It Jail, I par
doned thein out They had theretofore
borne nnimpeadiablo.characters. They
committed a crime against the law of
the land, but did they commit a- crime
J against tlw divine law ? Holy Writ a
serts that "men do not despise a thief If '
ne steal to saiury Ms soul when be is i
hungry. " J
I Nor were these two young-mi, who
1 wr willing to work ad oorM net, the '
realj cdlpritj, but' tho ;two old parifes
standard, havo brought this, widespread
stagnation qf business upon tho wholo
country On tho morning of tho 29th of
lost month, tho very dav on whinh
Clevolond vetoed tho Bland bill, an As
sociated Press diepatch from Carthago,
Mo gave the account of tho killing of
a.bnrglar In, a grocery store "Tho man
proved to bo John Pctersdn n local car
penter, loilir out of work7. Hn wns ntuil.
ing to keep his wife and children from
Biarvntion. "
Almiarlltv God alono. throiiiVh hia in.
finite knowledge, comprehends, and in
HIS- infinite WJSllnm nnn .mnniinm lin
Buffering and sorrow existing in count-
! noinos tnrougnput our wholo broad
Jand which aro tho direct result of
dwarfing tho business, wealth and pros
perity of this country to a singlo gold
standard. And God alono knows what
a fearful weight vt responsibility rests
upon those parties and individuals who
have been instrumental in hrimrin thin
widespread disaster upon our country,
tho inevitable consequenco of our pres
ent financial policy. mm- 4
I observo boforo me in this audionco
many men who like inysolf have passed
the threo-scoro mark of lifo. You woll
remember when von stnrtnil out. f.
yourselves about 40 ypars rigo tho vari
ous opportunities afforded you. With a
Dwelling volume of money, tho world
was making vast 8trld03 of progress nnd
the avenues of all industries wero opon
to nil, HaVO VOU now sons ronrlvto otnrt-
out in tho world for themselvas? "Whnt
Is the prospect bofore them? A re
stricted volumo of full leiral tender
money has caused a Paralysis of busi
ness, no demand for honest labor, no
profit in any industry and the lack of
any chance of making n living, unless
they liave monev to loan. Enforpno1
idleness will enervate and debase them,
VIGOR e, Ml
Cssftr, 9Mtf,
rrmBMUjr
WCAKHEM.
NERVOUSHKM,
jriatlthitrtaof
"PIXW!
Irom euir erroi m Mali
UKMU0 iMtTtft
"'i lotntiaj
y onr.eto. rullatrewMfS:
ooTtlopniont sad Trafli'
Kirrii tuvtrrf orgMI
IillKlU Ul IDG
Blmplr. natural ir
unmefllatAlqinro'
SS5 r"'i'i- imi
2.lSCl HfnnmnAa
iav.vc.r.'"5
BMtled fMalarfi f T
ERIE MEDICAL COJ
BUFFALO. U. V
N01 ICE TO CONTRACTORS.
it??HP.t?i!iL8?2Eh.0 oti ef a bnUi
,Vr;7iirt K...Y" ",,"i""r . "" WW
.hr.'."";ir i.1-".""? 7".-"u" pr mm
until lirfM. ' ' "i?1? hJ .IS. w
L;-.-.ii;'"f ""1 ""' Mm, inn. m
hSk nr 'Mm81 be C0O1,Pn,e'l by a eertHfesV
tell, speoincatloBS can be hwb at t
SSI01),? ?". ""n. Architect. PorUsaa, Uf .
oeo. w. MoriltlUK, neo'y Of rWtT
a JJ. McKUiOY, "XHiVij
Salem. Oregon. April Ji. JMiL itP4ft
for "an idlo brain is alwavH thodnvil
workshop, "
I appeal to tho mothers of Oregon,
who, although without a voto, aro not
without their influence. Every one of
them should labor for tho success of tho
Populist ticket. Thoy'all, with a
mother's loso for their children, feel
mOTO ltennlv thnn nthnra tin Inalrn )a
havo thorn well startod in lifo, and thoy,
moro Keenly than others, feel tho chag
rin and despair pecasioned by tho lack
Of OllDOrtunitlos now offornil thnlr anna
and daughters for enjoying u respectable
livelihood. Nor Is thortLonrt ninn-ln nnr.
son in all Oregon whoso interest would
not bo subservod by a ohantre in thn
financial polioy of government to which
alone the Populist party is pledged.
Thero.uVust be a chango boforo thore
can bo prosperity. Lot us adopt an
American instead of a British policy of
flnanco; lot us socuro to tho peoplo a
suflloiont supply of sound money to meet
tho full requirements of business; lot us
lOoson tho grasp of tho money lords
from tho throats of our people nnd tho
hum of Industry will again bo hoard,
tho homo of tho lubomr will again bo
gladdonod by a sufficient supply of
food nnd clothing for his ill-clad, half
starved Wife and nhililrmi. thn lnrlr
shadows now resting upon all will dis
annear and tirosnoritv will ntnin luwtnw
its benign benediction upoii every homo
and hearthstone throughout tho entire
domain of our wide-extended republic.
Proposals for Wood,
OKALED DiritJ For ftiraUhlDg- wood wills
Q reonivod nt the ofUce of the riera iifMimS
iKtrictUo 21 until 2 o'cloch p. m, wlftE.
ay May 1.18M mi wi be oiwaeaat uS
fftularnieotlncortho board oldlreetowaTI
,, v m.ui aiu isi aay 01 May, Jo ttt
J cords nr, J'atk, 13 cords oafe. GO cord u
tiwi -mom. tu cords oan, 160 cordx flr, Hon.
-ulani, M cords oak. 60 cord, flr? (MaiiWTa
, , ,...., ,,
UIHIII, 14
cordn flr.
All wood muit be 4 feet In length, reaaea.
It straight and cotded cicely '
nio fir must ba laigeor body wood and the
ok muu be spill on and not grub wood"
.ill bids0" r,serveiH tue rlut w reject any or
Doiio'by orderof the board April 8. 18W.
West- W. U vs AUK,ChMrjBm
4 T 1 BOZORTH, District" Urk.f Mdw.
WANTED AGENTS
-to sell-
BROWN'S NEW FOUNTAIN WASHER.
Itest Btearn Washer known.., SajnpJ-
...u. w,i,ui, iumrui-iiaDi seat lOAKftll
xprea-charges prepaid on receipt t f mM,
i6tr ' tiie,a y
TREASURER'S NOTICE.
reHlMruneat. HA wm, April 21.188.,
NOUi'K la hen by pm Itmt thn trt
muds on hand with wu rh'to redeeta all
iiimlnntllnf. wuiiiit. .i.i, .,... .. .u. -
hose drawu upon tho military fundjMidonwa,
"Presented, unit not paid for want ef dibv'
i. , " """ """""'Ut reuraary , im, BH4
hv suld warrants properly endorsed, will b
thereon ceasing Irum. and after, the date of
2iaw State Troasurar.
".
"I
jfi
4
f
"I speak not out of weak surmises,
but from proof."
LARD
MUST
GO.
since COTTOLGNE has come to
take Its place. The satisfaction
,wun wnicn the people have hailed
the advent of the New Shortening
Cottolene
evidenced by the rapidly Increas
ing enormous sales Is PROOF
POSITIVE not only of Its great
value as a new article of diet
but l flkn cnfnVUnt nrnnt nt tl
general desire to be rid of Indi-
itestihlft- tlnUhnUcnmj. Ilnann..
zing lard, and of all tlie Ills that
iara promotes, 1 ry
Cottolene
at ones and waste no time In
discovering like thousands of
others that you have now
house;
FOR LARD.
irruste all sTu1tituti:s
L,touio toiid only ty
N. K. FAIRBANKS CO.,
. kuuis stnsj
tZf
-: DRESSMAKING :-
In tho
LATEST FASIIIONABIE STYLES.
Hpcclal attention given to
011IU)IUU-'B 8TVLE3
CUTTING AND lftTTINQ A HrKCXALTY,
Shop In W.O.T.U.Rooms, Court St.
MItS. E. M. STEELE.
REEVES BROS
Building Material
AND WOOD, SAND, GRAV3BL
Lime, Coment, Plaster, Cord wood &,,
&o. Ofllco 160 State Street.
1
THESOCIETYFWORES
CHICAGO LADY QUARTETTE
and
iWtDeerl
---"-'---- ni.l.t
ml
-" . w w. .w ..i. i,u
mlTAidiruM 1 1 I r. Lr .1... r.
are m i7tki ( ivtry luember JS tat
.""w tmm ? immmmm a gai
lM vsrywiMmt. Mad only by
The Cktu. E. Hires Co., Phlhuia,
tm U. -am M I .. ion TU-ou eu .x m
Cornelia Neltnor,
Impersonator,
Will appear In Halera under tha auplM at
the Y. M. O. A, on
Wednesday Evening, May 2, '94
MARY B, WEAVER,
First Soprano and WhrtJtr.
EDITH BUSIIEE,
CantraK.
ELIZABETH LUDWIG.
Heizo Soprano and Pjanltt,
AIICE MERRILL RAYMOND,
Phenominal Alto StrfsH
CORNELIA NELTNOR,
Queen of Im-wtf-alm.
A wondeiful combination of talsaf, hotitar
and training,
Citmpirn m1raljilnn f,n ivtnlm "-
85 vents; 'i& ceuls extra for Hrv4
seats. Iteecrved Beats at I'attoa 11m.
THE WILLAMETTE,
8JXJSM, OMXGOX.
Xntrn, $SOi.0O kwlft
TttslMst hotel betwse IfirUa 4 fss
JTraucUui. Klrrt-clmallHsniilwMiHi,
Its Ublts are sensa With Mm.
Choicest JTruit
Orowa In tfce WIUfmtM YJJf.
A. I. WAGHEB. rrnp.
C;,M, LANE,
I MEKUWANT TAILOK
1 ti
272 Coaiinsrolal trs, Hkwe OtMb.
yofoicrly tftfittimm trsH,
PorUsuwl, Onoi),
K
m '
f
ft-'
i
,. . m,.mffaz.k&, .. .
il