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About Capital journal. (Salem, Or.) 1893-1895 | View Entire Issue (Sept. 20, 1895)
'?tl!'u-1v.Br'.u"i''J1''-1"L' -J1 m MX&MINtG THJ8. IT IB A SAMPLE COPY OOF A l'KOPLSM HEl'OUL'CAN PAI'fcR. NAJL. bArl X A. I j & OJSNTO A MOlPTfl. " s The Associated Press Dally Journal by mail, "u i'iwrs i biu uoyonrt tii f M for, JOUR ' 1.1 111-- ' ' ' ' ' VOL. o. DAILY EDITION. PlITIf ffl BIM1TTALISM. SALEM, OREO ON, FRIDAY, SEPTEMBER !J0, 182)5. DAILY EDITION. tifjf MM Uio plauter of $1,603,231,271. Cottou tho Eugllsh protestors of poltleul ecououiy nil ail in It that bimetallism Is Secretary Kincaid'S Argument New York Herald. How Our National Wealth Has Been Destroyed Remedy Is to EeBtoro Silvor to Its Proper Function as Money. in The H)ti. II. II. Klncald, Beoretary of Sta'eeent tbo following letter tn th EdltorofthoNew York Herald and It nppoars In tho Herald, Aug. 0: BIL.VJ5U ON AN EQUALITY WITH CJOLD The law or 1873, making gold the alnglo standard of value In tho Unltul Stales, which was followed by similar laws In other nations, has caused a rite of 100 per cent In tho commercial value cf old and a corresponding decline lu the value of all other property, luclud- the poor poorer. The single standard gold dollar Is not an "honest dollar," but n dishonest dollar, Invented by tbo few to enrloh themselves at the cxponBo of tho many. To remedy this unhappy state of affairs, sliver and gold, tho money of the constitution, should agalu bo plaojd ou an equal footing at a ratio of 10 to 1, Just ai they were during tho first three quarters of the present century. This would make nu unlimited dom ing silver. This rise In gold, now the i and for bllyor, not as a commodity, as ttandard of value, has destroyed about mid-half of the value of the property of lheolvlli'd world, causing a ling to I lie property owners aud producers of tiulold hundreds of millions. Sliver was tho measure of value along with gold u. I5 to 1 and 1(1 to 1 frcm 1702 up t.) 1873, a period of eighty oi.o years. The present national debt, and nearly all Httte, municipal, mllroid mud other deiil in the United States wero contracted under the silver Btuud- wrd, altough many have since been fuudod or changed lu form, butnre still drawing Interest. By changiug tLe etandard from silver and gold to gold alone a few thousand men who own nearly ull the god aud Interest bearing bonds, stocks and mortuges, have .doubled the value of their gold, and their credits, which are payable lu kold, and tavo decreased the rvalue of I bave hQ wotUl.$M0M07,000. For Itiuo property ana earnings or meircrea- Iltors one-half. now, but as mouey, which would speedily restore the commercial value to tho money value, and mako the United States, now tho greatest silver producing nation, the greatest nation lu tho world In wealth aud commerce. Tho United States must not wait for International bimetallism, but must lead the way to financial as well ai commercial greitueea. A protective tarift and silver on an equality with gold will mako tho Uulted States the greatest financial and commercial Power In the world. H. R. Kincaid, Secretary of Stato. WA&TINO OUK NATIONAL, WKALT1I. I'hlladf lpbU American, Hept. H During the five years 1870-74, tho planters of the Umtod States raised 8,030,010,870 pounds of cotton, esti mated by the Agricultural Department This has made the rich richer and the live eara 18W04, 10,67l',025,08. pounds of cotton wore produced In tho Uulted States of an estimated value to ftm iw mi ii iiau ralltn over 65 pur cont. If tho oottou growers hud realized pricts cur rent durhiR tlu years 1870 74 for the crops raised lu the ye.ir 1890 01, they would have received $3,385,000,612 In stead of $ 1,603.281,271. During tho aye years 1870 71, tho fanners of tho Uulted States ruined 1,305,001,000 bushels of wheat, valued at 11,401,160.040, while for the crops of wheat harvested lu tho five jours 1680 04, amounting to 2,383,300,141 bushel?, tho farmers received $1,609, 431,070 Wheat had fallen 30.7 per cent, so Instead of realizing $2,007,018,- 607 for their crops of the second period, which they would have done If thoy had irecelved prices current In the first period, they received only $1,009,. 431,070. As with tho planter and wheat farmer, so with the sheep raler. The clip of wool In the Uulted States forthe yoars 1870-74, amountlug to 800,000, 000 pounds, was valued at $450,400,000. For the live years 1890 04, tho produc tion of wool amounted to 1,450,210,884 pounds, but lis value was only $458, 700,270. For OoO.OOO.OOO inore pounds of wool the sheep miner only realized $8,090,000 more. The production of wool had Increased 32 per cent, but tho value of tho dip less than 2 per cent. In ether words, owing to the fall lu prices of these three staplocommodltlta slnco 1870 74, tho planter received $1,833,000,000 less for his cotton ralud during tho years 1890 01 than ho other wlso would, tho farmer l,068,OuO,C0O less for bis wheat, and tho sheep raiser $301,000,000 less for his wool. The plauter, tho farmer and tho sheep ralsor had thin much less cash to puns through their bauds than they other wise would havo had. First, as to the assertion that wheat, practicable now, ua It has been In ni?es past, uiid most that express their ! opinions decLre it di nimble. T I ipso ' who nro known to bo opposed to It are I keeping quiet fur tho presnnt. I The assertion thv in dally ilaunttitl jiuoiiielalllo press of this country thst an established legal ratio between gold and' sllvjr cannot etlect tbo market vuWjs eutirely abandoned lu England. There tho only question Is us to the extent of thu ellt-ct pro duced. Hut there? Is no doubt that if i S '3H tho civilized PatlouB which b)u(o1870 havo demonetized silver should ull agree to restore Itjto Its proper functlou as money, tho uiullibiiucn would be restored speedily But hesitation In felt as to tho result of one nation's taking the Initiative Hence the delay of men like Balfour. They am waiting for puhllo opinion to compel them to uct. GIKIiirSCONTIN v JfiBMI! The Democrats Will Win Next Venr If ? PAKKIIM VERSUS TAMMANY Hosa Kulo Must Up Torn Up by Uio HooIh. Urlglim!. John Hooklinm Frcro was a scholar and n mnn of much literary nbillty, but ouo of thoso whoso work, for sonio rea son, fluds a very slight hearing. But ovouif his literary work should boqnlto forgotton thot6rIes of; his absuiico of mind will livo ns long us Incongruous error continues tb niunfio. Ono day ho sat repoutlng sonio vornoa to Mr. John Murray in Mr. Murray's office, nuil hlH host uooamo so interested lu thb poem that ho naked tho poot lo go homo with him to dinner mid oontiuuo tho recitation. Mr. Froro, startled to find It so late, oxouaod lilniiolf. Ho linil been married that morning, ho mid, and It was nlroady past tho hour whon ho had promised his wiJTo to bo ready for tholr jonrnoy into tho country. Another such story rests on tjio au thority of his wife horeolf. Mr. Froro had Just boon introduced to her at an evening party and offered to tuko her down stairs; to prqctiro sonio refresh mont. Ho became so Interested in their couvcrsatlou, however, that ho drunk tho glnns of iiegus ho had poured for her and was about io conduct her up stairs tuy Associated Prem 1 Nkw Yoiik, Set t. 20. Richard Croker, tho Tuirnuany uhlefiulu, ar rived today from Kuglaud, by steamer Columbia. "I hlniply came back to bo In lime to voto thoTniuiuimy ticket. Oilier wlso I am entirely out of politics. If good times return aud tho country Is In a proMperoiiK condition next year, the Dciiiucr.il io party will win," ho said. whon she hiujrlilinrly remonstrated with cottou and wool aro tho only products i liiui for liavlngiforgotteu hor needs. k sSELLS, 5 : BOOTS AND SHOES CHEAP. CLOTHING.. At, prices that will surpris3 you. Call and see our now quarters. E.T.BARNES FIRST NATIONAL DANK BUILDING, SALEM, OR. W. I. STALEY, Pajnciml. Bchool Id oonttnuotu ieiUu btudeaU may enter at any time. It will pay thoeewbo expect to prepare for some buitnepurinlt to attend a builneu collnre where a nyitemaUo oounie of bmlneu i tralnlnc may be bad and trained teachiTi for IhU particular line of work lnaliuct. TbeCaplUI Uuilnesa College oflera Ave oeuries: Business, Shorthand, Typewriting, Penmanship and English. TliU la i" 'lllvely tbo only bualneia rollers In Orrgeuuilnt: lUe lnujr-ommunlcaUon yitarnot bual. iieaa nraotlce. Out-of town atudenu may aeouro board and furnished room In private family at W week. Write or cll at college office for circulars giving roll InfonnaJlon relative focour eaof atudy. ratMnf tultlorr.eta 8-'0-3m FAIR STORE For bargains in overythinff. Shoes, Overa'h, Shirts, Undor v ,wiir, Hoory, Window Shades, Tinware, Graniteware, Slates. f ' jfO&ets, Oil Cloth, Table Linen, Piece Goods, Boys' Clothing, sfMHioms, Matcnes, ooan, in iuco every unug you wunt, chii jh 'Ht tno UuTOiOre. s or eput. cuan wo win nvo jou uiuuoy. HE liBb. of agriculture that havo fallen mater ially In price. Taking the prices for 1870 74 as normal, wlieat'sold at an uverago on tho farm for 60.1 percent less lu 1804, corn 0 7 per cebt less, oats 21 per cent less, barloy 48.1 per cent less, ryo 37.2 per cent less, cottou 60 6 per cont less, wool 00.6 per cent less. Let us look a llttlo further. Farm dwellers furnish tho 74 per cent of the exports. By adhering to the gold stundard, we have cut the prices of theee farm products in half aud there by Impoverished our country. We have depressed tho prices of the prod ucts we export rauoh further than the prlco of the commodities we Import from Europe havo fallen, and to this extent wo; aro unconsciously taxing ourselves for tfio benellt of Eurojic. The 3,600,000,000 pounds of cotton and the 70,000,000 bushels of wheat wc exported last year brought no more money to the producer than the 1,200, 000,000 pounds of cotton nnd tho 80,. 000,000 bushels of wheat exported lu 1878. At prices of 1873 our exports laatyear would have brought $1,740,. 800,330, Instead of $703,307,800, our Im ports would have cost us $1,162,601,272, Instead of $731,057,895. Thcfe llgurt-s are not mere estimates, but based ou actual calculations of commodlths representing 07 1 per cent of our ex poiU and 44 2 per cent of our imports. In other words we would have received $053,000,000 more for our exports, paid $420,000,000 more for our Imports. In creased lulenst ohurges uslde,we taxed ourselves last year for the bent lit of Europe (by adhering to the gold stand ard) the enormous sum of $633,000,000, sufficient to meet tho expenses of our national government, and $160,000,000 besides. Wo have wasted, tquaudend ojr natluual wealth quite long unnuxh. The question of bimetallism la dis cussed seriously and openly liidrert Britain. The reckless abim- which In t'lls couulry Is showered upon thote who venture to wish and argue for a return cf silver to Its former established place as a money of ult'mate fbdemp tiou Is not allowed (hero to mar the proprieties of sober argument. The Loudon Times Iisb ojeued Its columns to temperate controversy on the whjt-t metal tva money. Elaborate articles are printed pro and con. It appears that Or. Prtcc'c Crc.ua Uaklnz Powder WarU'aPalrldrluM M-livl IVo --Linn, iior mm, "convinced wo that my now ncrjuiiliitimco.wns, at any rate, very different from inoot of tho young men ir&wud uhI"-Yonth'n Com panion. Ciiliiun Advtrtlhlna. A talo is told of Ilolieit Homier nnd of his belief in advertising. Ono day ho engaged n whole pngo of it iiowspupui and repoatod u two lino advertisement upon It over and over ngiiin. It must havo boon repented 5,000 times upon tho pago in tho rnmlletit typo. "Why do you wnsto your money, Robert?" naked u friend. "I noticed thut buino Hue so of ton. Would not half a pago havo miswcrod your purpose?" "Half n pugo would nevor hnvo caused you to usk tho question, "roplicd Mr. Ilonncr. "At least ilvo peoplo will ask that to every Hue, wis tho way I figured it "Now York News. lu it Hurry tn lt There. "Ifenr wo will i rover get down town at this slow rr.iit," wild u restless, pale faced woman as sho handed hor faro to u Third uvcnuo surfuco conductor the other night. For a time tho conductor was silent. Then, turning, ho whispered: "Do you see tho glitter in hor oyes?" "Yes, very plulnly." "Iu another hour slit) will bo crazy." As the car rolled down tho Bowery tho woman loicd through tho window, and the llr.'l.t fell ftu) In her face, Iler eyes gleamed red uud bright. Then tho conductor Itimsd lu lit tho door nud said: "It ien't far now only a few blocks more." "You fool," she rcpliml, "how dare you irlvo so slowly I lLd I known this I should huve ooiuo unotlier way," and half rising from htr wit nho gl.irod through the door. Tho conductor r.-niloO mtilly, "If ovi thuro was u IiojoIsji wise." Iio inutterod, "hers U ono." "Have you known hr long?" wu asked, "Yes, a uir or inoro. Sho often comes down on my Into run. At first eho was quiet enough, but uow sho grows worse and worse." "What luiiKed her trnsuuityr "IninnltjV" and ho turned as though In astonishment. "Why, she Is not in sane. Sho I. its thu pipe. Wult till wo get to the Chimse dwiriat and you will seo." Ills words were true. Shu left the car at Mott Btract.-Now Yur'- Ileruld. K.HUV IHnrri'iiff. Mr. rk.dintre (sovvn-ly) - John, Mr Jones tells mu you thnwliid his non shamefully toiluy. Is Hint true? John No. tir. Mr, flkldmoro Tlicn what did Jouei mean by telling mo that? "Iio just inailo a mistake. I didn't thrash Jim Jones shamefully, I wal loped him beautifully,,,--narper'8 Ca-sar. The Pitlaca soea are good. Or. Prtoi'f Craa Bklg powder wVerH9 Flf lkt AwsA tf. Anothor Now Yorker Back. Nkw Yiihk, Sept. 20. - The Hev. Dr l'arkhurst,who bus passed the fummor In Bwlir.erland, was one of tho passeng ers ou the titeauishlp Germanic, which arrived yesterduy. Huspoko emphatic ally lo thelutervlewerson local politics. UehhIiI: "I'lutttind the spirit of Plattlsm Is wortu lhau Croker aud tho spirit of Croakerlsiu, and tho manhood and the Intelligence of tho city must and will crush It ut from tho very root. "I have regretted exceedingly the fact the excise question has beeu in cluded lu tho political situation, con ducing, as I fear It will, Uo tho mix ture of Issues which will make the campulgu a more dlfllcult ono. "The beauty of tho local situation a year ago was that tho Issue was so dis tinct that eyou our most Illiterate and unthinking cl Ikons wore ouslly ublo to gruBplt. Mr. l'oosuvelt has douotho only thing u self-respecting oMuial could huyo duno lu enforcing tho laws, t'liut does not mom that tho statutes are Ideal statutes, but thoy aro en tho books. Tammauy put them there and Tammany has kept them there, and lloosevelt would only havo been dig loyal to tho reform party and to the Intent and spirit of thu law If he had not bout every euorgy toward doing lust what ho has douo. Now, If the voters of Now York city wish to modify tho statutes, well aud goed: that's a distinct matter. Wo all worked to gether last year to destroy Tammany, aud now, for tho Lord's sako, lot us sink all side Issues, bury our fears, oon tiuuo our alllauce of oflenso and de. feline, nud mako tho destruction or Tammany a permanency. I bellovo tho city of New York hai experienced too largely und deeply the results of last November's work to bo willing to tako tho buck track. New York City Is not yet tho New Jerusa Itm but It Is waxing toward It. While wo uro fighting Tammany wo must not forgot that tho enemy Is an ally of Tummany In tho spirit of desjiotlsm, famlllurly known os Plattlsm. It Is luimuterlul whether our otllcials are Tammany or untl-Tummmiy, The entire syiiem of boss tulo must bo lorn up, root aud brunch." Dr. Parkhurst expressed surprise aud said bo was disappointed that Piatt had control of the Itepubllcsn primaries, aud said thu exercise ques tion should be relegated to tho arbitra tion of municipalities, although lie has come to tho conolusloii that laws which operate satisfactorily In Berlin aiirf Hamburg would not hurt New York. ATTEMPTS TO ESCAPE. A Bullot Brings Him To A Hudden Standstill. ItosKumta, Oept. 20. Whllo ou his way to this city Thursday nftornoon with Frank Skluuor, whom ho arretted lu Walla Walla Wnsh., Hhcrlfl Oath cart proved himself to be uiuul to the occasion. "Skinner waa employed ah agent by tbo Washington National Building, Loan & Investment Ass ociation, and bilked a number of resi dents of Douglas county by selling them shares In tho association aud guuraut eelng them loans. Ho represented to nis victims mat the loaus had beeu made, when lu reality tho company know nothing about his transactions. Hkiuner realized the seriousness of tho charge against hltn and it seems had made a desperate resolyo to escape from BherlfJ Cuthcart If posslblo beforo Uio Iron doors of Douglas prison -..uU,u ,uti oviiinu mm. no oppor tunity presented Itself for him to carry out his plans until the train reached tho town of Irving, six miles from Eu geuo whon ho resolved to mako the attempt. As tho train was pulling out of Irving tho prisoner at an opportune u.w..,w.,., pjnuiiji out inrougn a car window aud stnrleil to run. But Sho rlil Cathcart proved hliuBelf to bo it man who did not lutoud to let his prlsonor escape bo oaslly and drawing his revolver ho fired. Tho oun una held to tho mark and at Its rcpoit Hkluner stumbled and then fell to the ground; the train was stopped nud In h short timo Cathcart again hud his prlBouor. Tho mau was not bit hut had feft tho wind from tho bulUt and being encumbered by haudcufls stum bled and fell nud mado uo further at tempt to escape Oay'a Proceedings of the Itar rant Trial. KENTUCKY'S (CINTUFLB MURDER A, Military Train Wrecked In Gennaiij', San Fiunctsco, Sept. 20. The expected seueatlon In the examination of Organist King did not inaWrlallw In tho trial of Theodore Durrant tola morning. It was expected that the prosecution would nut him ih- gridiron regarding tho alleged contra diction In hla testlmouy und their varlutlon from Blattmeuts made to the pollco after Durran'ts arrest. HI tes timony this morning conelated lu a reiteration of the statement that be had beeu playing tho piano two or three uiluutes lu Emanuel church ou April 3, before ho waa awaro of Durranl'a presence After Durrnut took the bromo-sollzer ho and King sat together on tho platform of tho clans room. MAEKBT8 B7 TELEGRAPH Balem and Eastera Quotations Cor rected Dally. OuicAoo.BepUW -Wheat, cash ssif, ' Nrw YoBff;iJept,a.HyW, wj. leu'ja.a, BAN KllANOlHOi) MAHKKT. wYfeyuSJ0" C'10":, WB m,vrlor W lloiMt-Qtiolnbleat 30a. PORTLAND MAHKET. wiVM1- -""'. valley, 7cj Kjour l-ortimid, J.57i HenUm oountr iit.v M&Tm.11.'.!?' " fit?' i8!?1"; roll"1! In bai. nilaloes-NewOri-Kou.aVilOa bu "'" Unoa. IViii MI ,u. ,r.T. .w.?'yn".eywiiro IllUea icr ii. anliaii n ,i,.,s... . ... 74MOO ahpnJlw.Tdar ol ' Muuurw" Hopa-Moinlnai at in, Iimur Uri'irim funnv ,.... ....., fknov dlrv.T7i7flT,.r:"i ?V V?ST2.'.?"";,'U.11 "'" miia. sszjflbiss' hi wsa? Kkks-Oickou, 17U p.r doa. W.UXXH setio, t8,lOaMI, :ko. r..' m . uo.i lupiiesn, ZKAUo im IrXiZ''1'; eow.5!rJi per dot; duoki lurko, V rrb- fair to good 4w0- - -i -), unantl UCOI, Veal-amall. clioloe', (ifs, large, Sato ft, HALKH UAUKK1'. bxTcb,io5 ffltitt&tii?ft'ft& Wool-Utamii, ' naovp Lave, jiJi llopa-lieat, U7o. -gg-Uiuj, Ihlia, limer-Uema,rr, 15320 fuuey creamery Quintuplo Mar dor. McKinnky, Ky., Bept. ,- ft I, rportid thut a man named C'ulne, of Mlllouvllle, killed flvo men lu a de pute overagamo of poker at a distil lery In Pulaski county, 16 miles south of here, last night. The slain were shot through tho head of heart. Caln escaped. Traia Fatality, Chhmnitz, 8 pt, 20.-A military train returning from the waoGiuvera was wrecked last evenlag on the Frel burg and Oberau railway line. Thirteen wero killed outright and 00 Injured, of whdni 13 were Borlously hurt. A QTBAMER ARRIVES With Passengers From a ClioUra ' Stricken Tews, Ban Fiiancisco, Sept. 20. The CJa lie, which arrived this morning from Yokalmmo, and Hong Kong, is In quarantine here. Thoy did not stop at Honolulu. Thoy report alx deaths from cholera In one dav at Hon Kong, 64 cases aud'rtwo deaths at Na gaskl, 820 cases aud 260 deaths at Hlugo, wbero tho steamer took on eleven cabin pusseugors, aud at Yoka hama 20 cases and IS deaths. fin inrtfTW.- ivauki). Kuril rirooieu Meali ihuuiaor.7o- fflSSSSz"'"' llaooi.8oj ha-u l;o, ilartletl peara tta bu. Applea-Ktaloa bu. 1 cwolie- s bu, l'luuis-!tJo bu. AT THE COURT HOUSE. Mattcrb In Probate Not Much Busi ness Transacted. In the matter of (ho estate of J. Ellon Francis, deceased, H. L Jones, thu administrator, filed Ms flual account with the county clerk Wednes day and County Judge W, C Hubbard today set October 28 ut JO a, m. when unv objections why Bald final account should not be approved aud the aduilu istrator be discharged, Wij t beard, Hot Talk. Cjiattanoooa, Bept. 20,-Oov. Tur. uey lu his speech at tho Chlcamaug buttleflold exercises created somewhat of a sensation. No one Is moro loyal to tho stars aud stripes than I,sald he "aud no ouo Is more loyal to the government, but I never can bo con. vluced that the south was wrone;." May Bo Hank Sullivan. . Nkw Youic, Hept. 20. Tho meeting today for tho purpoeo of selecting a referco for thu Uorbett-FUzilmmous light was without result. The matter was doferrwl at tho rtquest of Fu. slmmous' manager until October 30th, the day before theflght. Martin Julian, who rspitteutcd FilKilmmons, said toe favored the selecting of Hunk tiulllvao. How'sTkisl We oftcr On Hundred Dollar Reward foe My case of Catarrh thu cannot be cured by lull's Catarrh Cure, OTATK I'AIll FUNUS. Th Ireafcilrflr of tho state board of agriculture wauls ow appropriated by the loglWaturo ui,uuiijr ior premiums, nud the mailer has been referred to Attor- uey-uonorai idleinaii. Ho finds the law ulalulv in im iimf . i... Is to be drawn ou a wurraut to il. XV"vi.l,ruM' iVbo,e'e ftf-MUts. Toledo, r i . 4UM4THI, nuuicia K. J. CHENliY & CO. Prop , Toledo, O, we the undculcnfil. hv Unn n Cheuey forthe Ul 15 years, ami helie t him perfectly honorable in all buttuca (ran aotioui and linanciall able to carry out any --..b.w.. MIMMW U (11I IIUIt president and will, if called upon prot. DruggUie, lolcJo o amy render uu oplnlou to that ellect. ,,U',I ''' Cure is Uleu Internally, - actinc directly upon the bloo.1 cn.l duimu. urUccofth aytiem, .l'rice, 75c. per bottle. Sold by all Druggtsti, Tetlaoulalfref - Nbw Lace Curtains at Dairy uipls. Highest of nil in Lou.. ill LlJJILll-J.L.a' UJJL' .IgB uij; i.,. w v . siv t report a M rw,m M3jsum.n trim. 0mwm A. rlTTlSlwiL t m&z&zi Am&tuffSEBP' &ve WF " Jf ''-r , 5jl