The Butler Weekly Times Newspaper, June 6, 1895, Page 2

OVEKMYER AND SILVER. | Views of the Late Democratic Cand date For Goyernor of Kansas. Topeka, Kan., May 29.—Davidj Overmyer of Topeka, who made the » for Governor on the Democratic | ticket fall, to-day gave the Times correspondent his views on the silver question. Here they are: “Will the silver question be a fac-| tor of the campaign of 1896’ “It certainly will be. “Would it be if times were good? “Perhaps not. That, however, does not affect the permanent phases of the question, but the general business depression will furnish the motive for popular action, looking to the just settlement of the finan- cial policy of the nation. “We are told that all that is necessary to prosperity is confidence; confidence in what? Certainly we do not lack confidence in our money; it never commanded so much prop- erty or service before. And here lies the difficulty. Men have more confidence in money than they have in property or enterprise. They have more confidence that they can profit by selling (loaning) money than tkey have in investment of money in general enterprises. Money is too dear and high priced as related to lands and goods, a given quantity of it commands too much of the commodities which the laboring and producing millions must dispose of in order to carry on their enter- prises, to pay their debts and get on in life. “But why is money so dear and high priced related to other forms of property; is there not ample suf- ficiency of money in the country? “Yes; such as it is. It is true now, as declared in the Democratic plat form in 1576, that ‘Vast masses of currency lie in the banks unused.’ “Why does not this abundant money circulate?) Why is it not: in- vested in other forms of property or in enterprises of some kind? “Because it’s owner has too much confidence in his money and not enough in any -kind of business or trade, and he believes that he can better afford to let his money lie idle a great portion of the time and await an opportunity to invest it in real estate mortgages at from one- third to one fourth of the value of the land, or in some other permanent or semi-permanent investment, or, in short, loans on guilt edged securi- ty, compounding and compounding the interest as only short loans can. So long, therefore, as the owners and controllers of our money have more confidence in loans than they have in investments they will reserve their money for the former. “When they become convinced last that they can do better in business slant in gold, and hese been | under the policy which has prevailed {since the demonetization of silver, therefore the paper dollars and the silver dollars are not dollars, but the mere representatives of the gold dollars, which are the only real dol, lars under the gold standard in the country. Paper and silver money is, therefore, as dear and as high priced as related to lands and goods} as the gold money in which it is| redeemable, and therefore as hardj to get, as valuable and as slow to circulate as gold itsel and paper money being the mere representative of gold is held just) as tightly as is the smal! quantity of gold available for it's redemption “So long as the unit of value is made exclusively out of an article so scarce as gold, that article and the money coined from it, as weil as all token money resting on it, will com- mand so much in commodities as to depress relatively all values of other forms of property, so that money will necessarily be withheld from general circulation for investment, either in permanent loans with im- mense property security, or for short loans with gilt-edged security and compounding interest, and thus by this hide-botind restrictive and destructive policy, paralyzing enter- prize, sacrificing property, impover- ishing vast numbers and annually adding to the number of those whose wants compel them to borrow, and steadily swelling the fortunes of the money merchants and concentrating more and more the wealth of the Jand in few hands. “When real money, absolute mon- ey, redemption money, is as scarce as it must be when made of ape alone, as all other money must be dear as that in which it is redeem- able; all money will be too searce and dear to be in liberal use among the people, and the liberal use of money among the people is an abso- lutely essential condition to activity in business, and hence prosperity. The way to make money circulate is to make it sufficiently abundant that it can make more for it’s owner by circulating than by lying idle await- ing exorbitant seeurity for You can not effect this result by issuing ever so much paper money redeemable in gold, for it will be as dear compared to commodities as the gold in which it is redeemable. Neither can you do it by coining silver dollars, limite], measured and estimated by gold, for they will, in that case, be the mere representative of gold, and treasured and prized and just as tightly held as the small quantity of gold by which their val- ue is ascertained, and in either case money would be as tight as ever, for in either case would there be any increase in the amount of real money, primary money, absolute money, loans. All the silver | than in loans they will begin to let}redemption money; in short, no in- loose of their money, either to put|crease in money. The value of mon- it into business or property them-|ey remains the same as compared to selves or to loan it on easy terms to/lands and goods in spite of the those who will do so, and the money | volume of silver or paper, so long as will get out of the banks and go/these shall be limited by, and re- flying around the country; it will|deemable iu gold. If we want mon- circulate and it will, by showing]ey to circulate, therefore, we must itself, inspire confidence in the|}have not more paper money, not minds of all that their substance|more restricted silver. but more and their labor and industry will} money, more real money, more abso- Yield sufficient return to justify alljlute money, more primary money, reasonable undertakings, thus creat-|and we must get it as the constitu- ing a demand for labor, for goods|tion proyides out of two metals and lands, which will cause an active|instead of one. When the unit of interchange of all commodities, re-| value, which is the dollar, shall be vive trade, employ labor and bring | freely coined without any restriction prosperity. or discrimination out of both gold “How can we create confidence in| and silver, dollars, real dollars, will the mind of the money merchant /| be just twice as plentiful as they are that itis better for him to put his}now; the skinflint who holds them money out into business or loan it| will not hold them so tightly. The on easy terms, than to hold it in}man who needs them can get more Heavy y and Guna Tiow Garden Seeds, freemen did was to practically de-| Deacon Bios & Co, {had a har in it. He's | Charles Fos | doubt! gold. . 15 clare in their platform for Silver didn’t get » be sure. Ex-Secretary manage Gov. KeKiu ey sop making. eiaeecies and ton rindi Pork toe: i} XX NOFLY % nor any other insect _ Il invade your home with or without evi tify our screen on your doors and windows, as to our other hardware, wecan’t tell you of it all it would take a catalogue, Did your trees bear any cherries this year, ifso you Want acherry stoner, We keep them both tinned and Japanned. They are called the Enterprise and are the best made tin avery handsome line of ware neatly decorated Tea tensils of all sorts, ‘Trays aac Always in fashion is the MAJESTIC STEEL RANGE. The best cooking apparatus in the world. We have rUpDY HARVESTER OIL in bulk this year for much less money than you have here- tofore paid. Wealsocarry Eldorado Eng Eldorado Castor, Capitol cylinder G Zero or No | Lubricating Oil, Sewing mac Oii, oil in bulk at lowest prices. Don’t forget that Deering Binders and Mow- ious. tiating r extraordinary e@ the cause to the les We have been furnishing 0 ; you for the price We have the largest and best line of Ice Cream freezers, croquet sets, scythes and snathes, refrigerators, &c. Special bargains every Saturday DEACON BROS. & CO. Low Price Hardware and G o Hou debt anda system which will Rocp) them forever indebted. “What shall the Democratic party do? It Democratic. It must do what Jackson did, stand against money crats should remember the senti- ments of their fathers: “Shall knaves, And bankers be our masters, And all our pay from day to day Be nothing but shin-plasters” “The Democratic party must stand by the masses and be the real peo- ple’s party, or it must expect to go out of business indefinite period.” must be monopoly. we be slaves for an BUSHNELL. Nomiated By the Republicans For Governor ot Ohio. A Complete McKinley Gold Platform Adopt- Backset for Sherman- ‘Contingent.—The ‘ed will not Fool * Anybody. OHIO REPUBLICAN TICKET. A. W. Jones; Auditor, W. J. Gul- bert; Judge of Supreme Court, T. A. Minchall; Clerk of the Supreme Court, Joshua B. Aller; Attorney- General, F.S Monnett; State Treas- urer, Sammuel J. Campbell; Member Board of Public Works, Ely Barger. Zanesville, Ohio, May 29.—The Demo | to bankrupt | | THE MORNING SESSION. O,. May 2‘.—When ed come togeth- Zanesyille. victors and vangu er again this morning in Mex | Hall Ex Secretary Foster was intro- resolutivns | ate applause being and duced to submit the platfor were hurrie wh adopted, moder- bestowed the naming of McKinley read and as qui upon as a candi- | date for the Presidency and of For- | { 1 | { | | | | | | | i |in the Cherokee Strip homesteader | be realized from the soil. | other prominent business men favor-| jaker for the next Senatorship. Oklahoma Families in a Condition. Arkansas City, Kas, May 29.— The destitution among the settle south of this city, and more especia ly the section of Rock Island Railroad, it, has reached alarming degree. ing and west of The ereep ton y hard winte’ drouth in the spring destitute the poorer classes of the settlers, lowed by along has not only rendered for a crop, which would have enabled them to live until something could 7 The wheat was all killed, except a small percentage of the hardy vari ety planted in bottom lands, and the drouth this spring has greatly in- jured the corn and vegetables. The recent rise in the price of} |flour and other provisions has in- \ereased the hardships, aud aid from | local sources is not to be expected. Near Enid and Pond Creek this; | spring the supply of good drinking to the} water failed, adding greatly | suffering. Every day wagons pass through the city,drawn by half-starved teams end containing the families of set.| tlers, who have either starved out or} been compelled to sell out, and seek! the country is nearly back to | work in the States. i or trou- 2 e, ie nd your. bl because yo properly. Herbii disorder otf the liver, lcure ali i | omach or bowels Ithas no equa v Price ‘Free ttl HL. kers “drugst re. 48 ty c eS | Will Suck | London, May. May 2%.—At al meeting of bankers, financiers and ing the maintenance of the gold | standard, Barriam W. Currie. the banker who presided, read the reply | of Sir William Vernon Harcourt, Chancellor of the Exchequer, to the | memorial recentiy sent to him by | friends of monometallisr. The Chancellor says that the ex- | perience of well-nigha century has| | proved that the present system of currency is suited to the wants of this great commercial country and that to depart from it would be dis- astrous to the trade credit of United Kingdom. Her Majesty's Govern- | ment will not give countenance to | any change. Governor, AsaS Bushnell; Lieut., $100,000 Fire. Gallatin, Mo., May 29.—Fire at Pattousburg, Daviess County, in| Northwest Missouri, 16 miles north | of here, last night, destroyed 36 business and dwelling houses, with an estimated loss of $100,090. A stiff southerly gale has been| blowing for several days and render- Destitute |») country near the} but | | has destroyed the general prospects ; | McKinley law | | | 1 ‘| | | | | idleness awaiting permanent invest- ments or short loans? “I answer, by causing his money to command a smaller amount of the substance of the producer, and by causing the substance of the pro- ducer te command a larger amount of money. “Ah, how? By causing more dol- lars to be in the country and thus diminishing the power of each dol- lar over property. “But it will be asked, what do you want with more dollars when there are so many idle dollars in the country? The answer is that the idle dollars, most of them, are not the right kind of dollars, in fact are, net dollars at all, for all of them, except those made of gold, all made of silver and all made of paper, are of them for horse, hog, land or labor. Bankers and money loanera will make less money. Merchants, traders, farmers, producers—all the great active millions who depend upon their industry and activity will thrive and the courtry will prosper. “The issue is between those who have their fortunes made and those who have their fortunes to make, between the capitalists and the peo- ple; between a system which con-| templates perpetual loans as the only source of money supply to those who must use money in busi- ness, and a system sufficiently liberal to allow the business men and trad- ers to own money in reasonable quantities; between credit and cash; between a system which will enable the people to free themselves frem ed efforts of the Fire Department) utterlygfutile. | The Greatest Valve. | You get the greatest value out of Republican State Convention nomi-| ated Gen. Asa. S. Bushnell for Gov-| ernor, on the sixth ballot, by a vote! of 509; necessary to achoice, 414. : x |silver quarter when purchasing a Tariff Law and Wages. The McKinley tariff law went into operation on the sixth day of Octo-/ ber, 1890. At th presperous, i ial me busin entere was prises active, wages good and the people were contented. B that ure ly introduced a was f i by the supporters of the bill more lib eral compensation for its effortsand industry bad been assured of great er rewards and activity. But the opposite result ensued. The reven- ues fell uate r, While the tax} burdens were increased. The mag-) nificent surplu ted in the Treasury had accumla- was dissipated without a proportionate reduction of the public debt. In the spring of 1S92.a year ion of be | the Harrison} administration's term of offi fore the expirs ve, and | the re- peal of the McHinley law, the logi | n tivo years before cal effect of the ruinous economic} in that measure be- | gan to assert that itself in all ters of industry. Wages were re | duced in the coke region, in the coal | mining districts, in the new England ; machine shops and textile factories, jand in the iron manufacturing tions. This downward tendency | culminated i in the Homestead strike in July of that year. The distress then inaugurated, augmented by | time and sharpened to adverse con- | ditione, continued until the panic | set ina year later. | The McKinley law | during the regular session of the | Inet Congress. The measure which | took its place went into operation jabout the middle of October, 1894. At once there were exhibited sings} policy embraced cen-| sec- was repealed |of industrial and commercial im- provment. Merchants began buy- jing more freely. The increased ton- nage added to the earning of the jrailroads, and mills and factories that had | were idle for motion. been two years! Marly this | Spring wages began to advance, and set in | now, after seven months’ experience under the Democratic tariff law, the wage rate which prevails throughout the before the was passed.—K (. |standard that existed Times. Bucklen’s Arnica Salve, The Best Salve inthe world for Cuts Sores, Ulcers, SaltRheum Fever Sores, Tetter Chapped Hands, Chiblains Corns, «nd all Skin Eruptions, and posi- tively cures Piles, or no pay required. I is guaranteed to give pertect satisfaction or money refunded. Price 25 cts per boxt For sale by H. L. Tucker, druggist Prison Wall Pierced, Columbus, O., May 23.—A whole- sale delivery of prisoners from the| State prison was narrowly averted by the accidental discovery of a tun- nel almost completed. Steve Bussell, a United States prisoner, employed as a runner and frequently sent to a wall tower to get oil made duplicate keys to the tower room Thése were distributed among prisoners similarly employed to the room and dig away at the tunnel, whose mouth they contrived to carefully conceal. A guard, who knew that Bussell had no business in the tower followed him. This led othe discovery. FOR THE BLOOD {BUTLER - = = who took every occasion to drop in-| Bates County Bank, BUTLER, MO. Eates Co. National Bank. Established in 1870. Paid up capital $125,000 }A general banking business trans- acted. F. J. TYGARD, - - - President. HON. J. NEWBEKRY Vice-Pres. J. C.CLARK - - Cashier DR. F. M. FULKERSON DENTIST. | Southeast Corner Square, over Dea- . & Cos Store, MISSOURI con B on SMITH THURMAN. LAWYERS, s Count atn'l Bank. Butler, Missouri. Tuvewan Office over Bate RAVES & CLARK, ATTORNEYS AT LAW. Office over the Missouri State Bank North side square. Silvers & Denton ATTORNEYS AND COUNSELORS AT LAW, BU R, MO. “armers Bank. T ARE, Physician and e Surgeon. Office north side square, Butler, Mo. Diseasesof women and chil en aspecialty. DR. J. M, CHRISTY, HOMOEOPATHIC PHYSICIAN AND SURGEON, Office, front store. night. Specialattention given to temale dis eases. C. HAGEDORN §The Old§Reliable PHOTOCRAPHER North Side Square, room over McKibbens All callanswered at office day or Has \the best equipped alle Southwest Missouri. All Styles of Photogrphing executed injthe highest style of the art, and. “at reasonable prices. Criycr Work A Specilty. All work in my line is guaranteed to give satisfaction. Call and see samples of work, C. HACEDORN. ! In Poor Health means so much more than you imagine—serious and fatal diseases result from trifling ailments neglected. Don't play with Nature’s greatest gift—health. lust now everybody taking something A Spring medicine as we speak of This isa straightout victory for | package of Simmons Liver Regula- | the Foraker element of Ohio Repub-| jtor, powder. There is nothing like | lican politics. \it for indigestion or Constipation. | There never was atime during the | Take it dry on the tongue, or make/ convention that Bushnell did not pe You'll afterwards take it in| have the nomination within iy Ce grasp. His fight had been carefully| General J. B. Hawley Dead. | and shrewdly managed. He re-| Hot Springs, 8. D, May 25.—| mained at his home in Springfield, | | General J. B. Hawley, general coun | while the fellows backed by Senator | selor of the Northwestern Railroad, | z died suddenly yesterday afternoon Sherman and Gov. McKinley howled | of paralysis of the heart. He had! and grabbed for votes. | just partaken of a hearty dinner with | | Bushnell! belongs to the vim, vigor | his wife and daughter, and was feel-/ and victory crowd in the ranks of /i2g 88 well as usual, when he sud — Ohio Republicans. | denly fell backwards in his chair and PRACTICALLY FOR GOLD. | exclaimed, “My God,” and expired. | One of the things the Ohio Be-/to: morrow. } The body will be taken to Omabe| i it. And it’s a good thing to do, but you want to get the proper medicine. If you consult your physician he will tell you to Take gq &00D LIVER MEN and that, because the liver has every- thing to do with the blood. If the liver is sluggish the system is clogged, the blood becomes impure, and the whole body suffers. Every medicine reeom- mended for the blood is supposed to work on theliver. Then get at once the “** KING OF LIVER MEDICINES,” SIMMONS LIVER REGULATOR whole system. Itis** Better than and can be had in liquid or powder. It does its work pee oe SS | IS, have no appetite and can't work, ing the most relia- bie strengthening If you are feelin | Browns | medicine, which is comes from the | pleasant to take. $Tron e582 very first dose—#t It Cures | ters. A few bot- won't stain your Dyspepsia, Kidney and Liver $ Bitters | | { Neuralgia, Troubles, Get only the gemuime—it has crossed red lineson the wrapper. All others are su>- stitutes. On © Bel gid act ot Tom esata Wersa's Fair Views and book—free. BROWN CHEMICAL CO. BALTIMORE, MD.