Daily capital journal. (Salem, Or.) 1896-1899, January 07, 1897, Image 2

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Daily Capital Journal.
BY 1IOP-KK UROTHBK",
THURSDAY, JAN. 7, 1897.
UNMASKED.
(Continued front tint page
of
Wroni what I know of Uie preheni
situation, tlicrc Is no chance of any
such agreement. On the side of the
blmctalllsts, that fact-l recognized
that, as a condition precedent of nny
International action In favor of sllvor,
or mc
ftw.ro must, txj a reopening
in,iianniini fur the unlimited coin-
.i i.u. ...,.t.il r i-nn nnltfl
concur In thW oplon. I am convinced jof trcaRUry( publicly announced to
!.,. tviiiiiiiir. MiiH cuiircnsiuii,
efforts to retiabllltatc silver will bo
Country. Should wc pay C per Cent
Jntcrcst It will amdlint to an annual
tax of I193.Q00.0U0 to support this sys
tern of supplying the ultortagc.
In the face of such fact some peo
ple p- there Is plenty of money.
Now about the credit currency.
TbcOrcgonlansaysItlsa menace to
bimltiosi, I unnecessary and causes
financial trouble which should not ex
ist. Could not all this have been
averted by the governmont exercising
the prerogative of redeeming out
standing obligations In either gold or
silver, as the law provides ? Is It not
true that the government was never
called upon to redeem her credit cur
rency until October, J80I, when Chas.
Foster, who was Harrison's secretary
vain. Hut, us the result or i prelimi
nary exchange of views made by my
orders with the English government,
I have been driven to tne conviction
that wc cannot count on the reopen
ing of theso mints within any calcul
able time."
Our Hllvcrlsts will, of course, and as
heretofore.lndlgnantly exclaim that it
is unworthy of us as a great and free
people to depend or wait on England,
or on the nations of Europe together.
They say we can "go It alone." So we
can; but the result will simply bo los,
of the gold standard and change to the
silver standard. The Republican party
of the United States, as the champion
of sound money, Is under the necessity
of preparing Itself to light for the
gold standard as against the silver
standard, without the device, expedi
ent, subterfuge or mask of Interna
tional bimetallism. Tlicrcforc.ln view
of the- present composition of the sen
atc.of the great power In the little sil
ver btatca.and of the disposition or uie
Democratic- states of the boutli, it oe
comes exceedingly Important In every forced to the sale of bonds.
Republican state to have a care wnat
manner of men arc sent to the United
States senate.
ItlU'I.Y TO Oltl'.UONIA.V.
You say In your editorials that It
has been demonstrated that tho busi
ness of tho country docs not rcqulro
more money. If this Is true, why Is
It tlicrc Is rejoicing among tho people
. I - ...... .iilli( flflftf 1
wnonovor more ih any hihj ,,, ,rnf,ir n a,t,nnf xmi,u
to tho circulation i Why do the Ore- ' .,. b,i,
gonlan and other gold standard papers
rejolco when thcro la money being
shipped hero from abroad ?
Is It not truo that we arc a creditor
jieople V
It seems as though wo have never
had money enough to do business on
a cash basis. Wo have been com
piled to do business on credit. The
merchant buys of tho wholesale house
on credit. Ho bells to his customers
on credit. The wholesale house buys
or tho manufacturer on credit. Tho
volume of money docs not seem to have
been aa largo lis tho volume of busi
ness as 05 per cent of our business Is
dono on credit.
Tho total Indebtedness of our coun
try in 187a was about six thousand mil
lions. In 1800 thohc debts readied
thirty thousand millions, and Impar
tial estimates put It still higher. Tho
total assessed value or real and per
sonal property In the United States In
1800 wuh little over 24,000 millions.
Vo arc- In dobt ns a puoplo more than
tho total assessed value of all our pro
perty. Tho "fair cash valuo" of all
property In tho United States Is cs
tlmatcd at 00,000 millions dollars.
Sold under the sherllt'shauinior today
It would not pay tho debts of tho peo
ple of our country.aiid seventy million
people would bo ponnllotw, and worse.
Our roMiurcai aru grout, and wo uro
naturally a prosperous nation. Rut
tliU great ovll ur tho rising price of
money, and the falllug price of prop
erty, has brought us to a condition
that Is now oxoltlug tho apprehoiieloii
of all good oltUon.
Fulling prices have forced our peo
ple Into pormaiieiitdobt. it ml resulted
In tho destruction tr their property
values to pay debus.
Tho report or the United Statea
treasurer, shows that there U now de
posited with the banks or the United
States, subjeot tocheok, 4 ,800,000,000,
This Is tho real olumo or money
,. ii nlvurv It nirn rerv form 01
necessary for tl.o trunnion or bus.- SSSS M
normal .. . ' 1VWJ , c,
lies.1. It Indicates what u
uupply of money for this country
ought to be.
Wo miyo nil told, lu this country,
about I.WO.OOO.OOO In all forum of &ijZ
money. WltU only l.wyWK of 12
.... ...... .1 ... 11 .. .! am alioue. ToGJdca Medical 1cy
tuouqy wq tlml that tiiorv u ?i,tw,
000,000 being used by te people.
borrow! ug W.200,00000 or t litymoney
required to db tho business of the
the world that It would hereartcr be
tho policy or the government to re
deem obligations In the kind of money
the holder demanded, notwithstand
ing that the law specially says that
the secretary of treasury shall redeem
outstanding obligations In coin at his
discretion ?
Senator John II. Mitchell, in his
speecli In the senate, stated that wc
were the only nation, on the face of
Mm I'.-irtli. that had surrendered the
right to the ho'dcrsof the obligations
to dictate the kind of money they
should be paid In.
The Oregonlan came out in an edi
torial the next morning and stated
that Senator Mitchell was correct,
that we were the only nation that
had surrendered to the money power.
Senator Mitchell also stated in his
speech that If the government had
exorcised Its discretion In redeeming
Its obligations It would not have been
The Oregonian has said editorially
that there bccmcil to le n deliberate
scheme on tho part of the moneyed
men to force the government to sell
bonds.
Many intelligent Americans believe
that If the government had paid out
silver tho same as gold there would
never have been a raid on the treas-
Somc say they want to tnkc the gov
ernment out of tho banking business.
Tho jwoplo want tho banks to go out
of the governing business.
How will tho government bo out of
the banking business If tho banks aro
permitted to Issue tho currency and
tho government guarantees Us re
demption ?
If tho 4000 national banks are al
lowed to issue the currency, thoy will
control its volume und value.
The right to Issuo money Is a func
tion of tho government and congress
has no power to delegate that right
to an Individual or corporation.
If tho government must stand be
hind tho banker's paper to make It
good why should not tho govern
ment's paper bo good without tho
banker? I f tho government Issuos the
money wo have all tho people back or
It, bankors Included. Aro tho bankers
bettor able to issuo money alone than
all tho people, bankors Included?
Is tho governmont any more able to
Jffl
In curing con
sumption there's
noUitnglike taking
Time by the forc-
lock. Doctors say
consumption can't
be cured : they
have arguments to
prove it. Put when
rlcht under their
fn. mift v4 tiv
Dr. Pierce's Golden Medical Discovery,
Utey admit that thtre's something wrong
about their arguments and something
wonderful about the " Discovery." It
Utt't miraculous. It won't cure every
case ; but it cures a suprisingly large per
centage of cases , even when the patient
l pretty far gone with a bad cough, and
bleeding from the lungs, and reduced al
most to a shadow. cVmisjihZion is a
rVtW disease. The lungs want a fresh
supply of pure rich blood and plenty of
It ; that is what the "Golden Medical Dis
covery" gives them. It is a blood-maker.
It gives the blood making functions
power to produce a large quantity of the
nourishing red corpuscles which make
healthy l(fttvig blood. This stops the
wasting; drives out the impurities; heals
the ulceration and begins a rapid build-lag-up
process, of solid, mbstautlal flesh
lad vital energy.
11 iiui ouiy couuuijmc w
fciM IW
pay rx)ndJ"lilat bpar Intofost than It
Is to pay dutstaridlng obligations that
bear no Interest? Audfls an obliga
tion any more secure that bears Inter
est than one that docs not?
Ranker C'orbelt says that It would
be a great mlstnke If the present bank
ing system were done away with.
lie seems to think the perpetuity of
this goyeffimcnt. depend upon
national banks. The question lias
been disposed of.
In the language of Wm. Jennings
Bryan the fight has Just begun, and
there Is no tombstone big enough to
bury a righteous cause.
Sliver will yet lay aside Its grave
clothes and go forth to bless man
kind In the future, as It has In the
past. The united silver forces made
a grand light and corporate power
may as well understand now that
the six millions or people who voted
ror Rryan and Tree silver will not be
downed.
When wc come to sum up the organ
ized opposition we find that Mr.
Rryan, backed by nothing but the
poor, patriotic sons or America, had
to fight against the most tremendous
odds of any man who was ever a can
didate for the presidency.
Let Topulists, free sllyer Demo
crats and free silver Republicans
Join hands and close up the ranks and
we will yet free America rrom the
clutchcs'or the money power.
M. A. Millsk.
Lebanon, Jan. 4, 1807.
DO YOU VANT REFORMS?
All who want any reforms should
labor U, defeat Scott's candidates
and the election of any man he can
control ns speaker of the house.
Scott'scontrol of the legislature means
legislation ror cliques and machines'
but none ror the people.
A speaker or the house who Is not
under his control should be elected
All citizens who love their state and
want to see rerorm In our primary
election laws, should oppose a Scott
organization or the hotiso or senate.
Mr. Scott is an Intelligent and able
man, but his political methods are for
the purpose of centralizing power in
his own hands.
Tub Jouunai. Is not tho adviser or
the Republican party, or or any party,
but It wants good legislation, aboli
tion or commissions, and government
In tho hands or the peoplo instead or
professional bosses. No man can up
hold Mr. Scott's methods and know
the result of those methods und say
they are in tho Interest of the Repub
lican party or the people.
I he New State Government,
R. B.
Smitn InauguraleJ-Reduc
tion Advocated.
IlHLBNA,Mont.,Jan 7.-The leglsla-
live assembly of Montana metatnoon
Monday. Hon. Robert R. Smith, i
I slon, took the oath ofoluce as gover-
inor. Hi message to tne legistm-.
I ,-nr,.r.ris various reductions in
state expenditures, the curtailment of
ofllccs and salaries and suggeUions
alonn the line or economical reforms,
Retiring Governor Rlckards leaves di
rectly ror California to spend the win
ter with his family at Pacific Grove
The inaugural address of Governor
Smith was devoted almost wholly to
state omcers. He said that the change
of political parties In the state does
not meananarchy.repudlatlon nor uie
enactment of visclous and hostile leg
islatlon, and that hasty, ill-advised or
radical laws hostile to any Interest or
persons are not contemplated by his
administration. lie calls attention
to the depressed conditions of bus!
ncss and says the expenses of the
state, county and city government
must be reduced.
The following arc some of the rec
ommendations made by the governor:
Taxation of gross receipts of Insur
ance companies less loses.
A tax on corporations, so worded
that they cannot evade the corpora
tion fee by subsequently increasing
the capitalization.
A gradual inheritance tax.
Abolishing the bureau of agricul
ture, labor and industry, leavirjg the
collectlon-of statistics to county as
sessors. Reducing salaries in the land de
partment of the state.
Abolishing thcoOlce of city treas
urer. Repealing mlleace law, reducing
the cost of the national guard of the
state in the matter of encampments
and armory rents.
Taking oft the bounty on coyotes.
That the land grant be bonded not
to exceed $300,000 at present ror build
Itit: the state capitol.
That convicts be set to work on
Irrigation plants and canals to re
claim I he million acres of arid land
under the Carey act.
The initiative and referendum and
proportional representation are rec
ommended as subjects for a constitu
tional amendment.
NOT A PROPHET.
Harvey Scott now says the Repub
lican party must take up the tight for
the gold standard as against the sil
ver standard If it would make this
country prosperous.
Ry tho way he Is not exactly a
prophet. Ho said In 1802, repeal the
mortage tax law and times will bo
good In Oregon, money will be cheap
and Interest low. It was done. Have
we got what was promised V
Scott said In 1804; " repeal the Sher
man law, stop coining silver and that
will make tunes good and restore con-
tldonco nud make mouey plenty." It
was dono. Ilnvo wo got any ootier
money, or more of It, or any bolter
times as a result?
Ho said In 1800 "elect McKinley,
establish the gold standard, and that
will make good times and restore pros
perity." It was douo. No one can
tell what times will bo utter March
4th, but so far his prophecies have
been a remarkable series of failures.
What next will he promle ?
CASTOR I A
For Infants and Children.
t l.iie K. IVjw.orVr"V Mr. i
lini O-ntf, .V J. rtus : ' Ifor t&ree jrr I
UiWuflf rrj from Uut Itnttde Umm ONMump.
t&n, nA htsrt JUhk Before Ukftie Porter
wv to a skeleton. couM not sleep nor rwt. n4
tlth-
llKlli
lljwun
M
C&vtfZk
REMOVED
lis
tftrr
from Pohlo's old stand, to two doors
wost of tho onglno Iioumi. We will be
pleased to meet all our customer at
said stand, whra we will bo prepared
to do general repairing awl ttcoe
shoelng. 1 & tin Uujvrk & rvuK.
well siu; mivu. ow j""r',-ruii1
try MS auJ cumj my " " V 7
10,000 being used by tne people. jiyutpi without ? i"1. lW.
DoeanotthU -how that btulmwU ISW5 'iZStX
1 Yletor Kvans 11 years 4 luuaUss soa
of D. M. Kvntto, parsed examiMUuti
' for lottoher.
fUa.&c rf.
'XOO 4?
tufa-
lilltf
Upiun
u
OASTOIIIA.
r
tin
ixrf
populist rSITSli
- DENTIST. -
8ittsr."ws
Old housekeepers win wu )
1 plass. You know it i ,--
that hot water "rots"j
GOLD DM
vjfachinp; Powder
, . -1 ; mnnti -water or cold.
makes glassware bnliianuy - - """wnnd ormint.
.. . .r..l i .., fnr rrhM Or S11VC1, H" " " '
uei.gnuu-u ---- strength, your
saves your uawj --
(M,r Sniri evervwiieic. uui. .j -j
lCixil. "--' .1DDaNK
THE N. r. rinw.-"
-. ...i. phinnn. NtwYerk. Boston,
goooJjoooioggcxwosoeeoooi
?
COMPANY.
PhitadelDhli. San Frsnctsco.
THE GREATEST COMBINE.
Thrice a Week NeYork World, Weekly
Cincinnati Inquirer and Weekly Journal
for $a a Year.
Do you want the Free Silver Cin
cinnati Inquirer and Weekly Capi
tal Journal? Our club rate is $1.40
oyou want a gold standard paper
with The Journal? Then take tne
Thrice-a-Week N. Y. Worm, uur
club rate is 31.75 for both.
Three papers ror s. -f" '"rE,.,
Journal, Weekly inquirer anu j.. .
weekly World-an eastern, middle
state and western paper o.) pages a
year for 82. ..,, . nr
Aourr i jouruai uiiiuc, ju. ...., --
600KS
Hois1
Newly Enlarged and
Improved
Special This Week
300 Boxes
Fine Paper
and
Envelopes,
Box,
Sec Window.
DEARBORN'S
Book Store,
inespecia' it""
WillttT
p. VV Prnri"!.
wa " "Au.;r: mM
Dls ,inlta1' "'fib Cheape oeat n the
Urd,nTrUvVm i7, Commercial st.
own 1 ry '"'' u,tn 0n State St.
Up town, shop "
mu Witt co
Oflice: Willame'te Hotel Buildinr
t .prvlce aunly at office. Bills
ror wi .-.,"", Vj..,r.. MnVi.
,..-,i,l. monthly in
Anmnlaints at the office."
at
ill) II TO LOAN.
Plenty of money on good security.
A lame quantity of Und for sale at
i... fi..nr- nnd on easv terms
H MlLTON & M
Room S, bush tank building.
RSI I.
Ill
Ilfl
1TMI
!i
NS
On inside property at 7 Pcr "J"; Ul1 larm
and security at a per cem. oaic uiuC
or investors. Insurance eficr-l in reliable
companies. Jw"" " '
. . i XT j tili t tt If In 1 1 rl trr
Jiroxer, room iiu., uu ..-.. uiiU.iij,
C. H. LANK,
MEMifi'TillM
2ii Commercid St., Salem Or
lySnits Sis upwards. Pants upwands'a
BREWSTER & WHIIT,
mm
WM
im
AND
i
ii
All kinds of grain feed, hay, straw,
etc., at lowest prices.
91 COURT ST. - SALEM.
JAPAN TRADING COT.
20S1, COMMMERCIAL ST., SALEM.
Finest bamboo furniture, Japanese Curios,
toys etc-, ror Uo'ulays. umy "lap
store in town Will be sold especially cheap
for Christmas trade. Lowest prices ever
offered for best stock in this line. 12 12 im
You Can Be Well
Whon your blood Is pure, rich and
nourishing far nerves and muscle.
The blood is the vital fluid, and when
It is poor, thin and impure you must
either sutler or you will fall a victim
to sudden changes exposure, or over
work. Keep your blood pure with
Hood's barsararllla anu be well.
Hood's Pills are the bestafter-dinner
pill; assist digestion, cure headache
5 cents.
The cost bill In
foots up to 12026 50.
the Steeves case
Heart Trouble Quickly Cured,
A Conrlnctn; Testimonial
t N w
Excellent rooms and the best
meals, Rates reasonable,
Strangers should see us before
engaging.
&3X&
fashions mwm PARK mm BULL
$ DOT
V
y
SAVE TIME
AND TEMPER
by taking the Burling
ton Route to Omaha,
Kansas City, St. Louis
and all other sou It
eastern cities.
SHORTEST LINE.
QUICKEST TIME.
BEST SERVICE.
Three reasons Rood
ones.
Two routes to Chi
cago via Billings,
Montana, and via St.
Paul. The seryice over
both lines is as good as
it can be.
Tickets via the Bur
lington Route are on
sale at all railroad
ticket offices. For In
formation about rates
and train service, address
HinmhHj
POZZONS'S
V
V
'
Complexions
4 POWDER
REMAN b ALWAYS THE HA3IE. o
The finest, purest and most beautl- S?
A fyinp toilet powder ever made. Ills A
ft soothing, healing, healthful and f
f harmless: and when rightly used Is A
V1 Invisible. If you hao never tried f.
I POZZOfifl'S Si
A you do not know what en IDEAL p
A COnVLESIOX 1HHVBEB Is. )
A IT IS SOLD EVERYWHERE. A
A A
ifj?-??
For service for the season. -Call at Brown's
iricat market, corner Center find Thirteenth
eeet. I'ineit milk stock in Oregon. 12-n-tf
WIN MEAT M4KKETS
Uest Meats in the city. Prompt delivery.
Cottle Iilock Shop, Court Street Shop.
GEO. FENDR1CH, Prop.
H
LQQDPQISQi
Fellow Front Barter Shop
ssu, iosaiAit. &1KCC.1,
Will be pleased to meet all my old patrons
in my new quarters. First-class work guar
anteed at popuiarr prices. Shaying 10 cents.
Ilaircutting 15 cents. One trial on your part
insures regular patronage.
EF-Bathsonly 15 cents
12 2r im GEO. V. PLASTER, Prop.
A, C.SHELDON, G.A.,
Pordind, Or.
Uus Elu Ktrxxx.
Por IS jean I mffertd tna bet to
U. Dnrist iht time I wU trtaud by
Te dtfferwat ptrtieUm. All or thea
eUtewJ ttat I coiil kk u and. I u
rrrtlj tnotU4 lth tbartnt ot Imih.
PlpluUoo tad pato U Uw ide. If l
exrtu or tierud tajttit fa, tu le,,.
the pAlo U mj nu Ueux TW7 irtrt. At
Um It fc4 u UKwrt wrfU tr rtoot
y ""!. Su-utUmoeS
of J.oU l. 1 eoKaewj utter
BR. MILES' HEART CURE
V ! ta' Pwn4 UUj.
Dr. if ,
Salem Steam Laundry
Please notice the cut in orieR
on the followingj
ffi'en Stoiocenu
!cki.icrnur' 5toiocenti
.J?Z? P13 ,hP 4 Per dozen
d other orlc in proportion.
Flannels and other work in
leiugently washed by hand.
CoL J. Olmsted Prop.
A SPECIALTY 1rJma
Sffi!S5SBSK5KHSSS
mrttnntir.irlZizrt.-ii" """'"Con.
case we cannot cure. This di5S ifia . r a
toffled the iklll of the most eSl2Phna?J?,I'",!?8
clans. SoOO.OOO capital behfnrt "itpl,ysl.
UonaliraarantT. AbsoIuV!,r.oar "ncondl.
901 Matonlc Temple, CmCAQQ. jS.r''
j ...
'Ct-ISH'.? !."-l - altrrl, 1..
lalMi4i.Ta Wul f.. , atural dl7
flctntutl VI rhari'M jr anv inHm... ,
Buurjuuie. nan, irnMtiuD or ulcera-
IrHtEiusCftuiciiCa, Lranir Xon-Mtrlngoui
kCU(aun.o.S2 &3 07 nracriit.
pr fBt iu piin wrarrer.
ity tivri-M, prepaid, for
1 w .1 ' ottiw, firv
- ' na rciccsa
REMOVED,
l) S. Uentley, successor to Salem Improve,
ment Co., is nicely housed at the corner of
Cher.eketa and Front sneets., and west of the
First National Hank Thinking the public
for pas. favors, we would gladly have them
call an I see us at nur new oflice. Having
the telephone moved, when you desire any
thing ring up No. 30. All business attended
to pioiipily, A full btock of supplies ou
hand, especially of all kinds of wooi. I 5 I in
Depot express.
MADE ME A MAN
j?7 J,ADLrs"MrnvELT emus
1 Uw
UeU
mLWLWml bo YEARS
EXPERIENCE.
Uf. .1U1CS Hurt Cum
r r 1 3
4xk EjsSgi-JSaftsa! ttSSMssst
cnileaa.
T:nrrTT?? ""-
. v.:r..7-,T" :r m
tU-CUUKl
a
TRADE MARK0,
UESIONS.
tnOVDlnilvn :-
mm
8CIENTIFIC AMERICAN,
mala
tmA u. .-TJT. iHTJrfS" n la tack c
301 1
For Do'lcaev.
tor parity, and f er inpr9Temeit 0, th
M.cta all masl and pujcugtr trains. Bag
gage and express to all parts of the city.
Prompt seivice. Telephone No. 70.
JAMES RADER.
J. H. HAAS,
WATCHMAKER AND JEWELER,
Makes a spwialty of fine repair work, Seth
I'homas clocU. etc., 215 Commercial Street
Iver Larson,
Of Enger, Marion county, Oregon,
has applied for a patent for a
Rolling harrow
And pulverizer that has had no equal hereto
fore. Iyer Larson, Enger, Or.
12-15 im
MCKEItMAN k WW,
Dealers in Groceries,
Linuors, tobaccoi, cigars, confectionery
A full iine of high-grade bailed goods of
all kinds. 218 Comm-rc'ial st , SJ'ern.
Ladies Who Value
Awfictd compJexlou must ubo I'ononl'a Pow-
u prodneo a soft and beautiful ckln.
der,
s.a Th. RosV Proshnoss
a5..tt vty witness of the skin la Invat-
I iSSS,S3i.n? ? t" who USO POMOICI'
oer.
- .r-Jj.it "--
ji-rj-iviijTJum